US-based Cantor Fitzgerald Wealth Partners will acquire Yardley-based registered investment advisor Capital Planning Advisory Group (CPAG) for an undisclosed sum.
The acquisition is expected to boost Cantor Fitzgerald’s assets in wealth management unit to more than $3 billion. It will be Cantor Fitzgerald’s third acquisition in Pennsylvania and second in the Philadelphia region.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
As part of the deal, CPAG President George Luciani, VP financial planner Annie Stiles, client service associate Caren Habermehl and office manager Dorie McCarthy will all move to Cantor Fitzgerald.
Commenting on the move, Luciani said: "The resources that Cantor makes available to its advisors are what drew me to the firm. They will allow me and my team to deliver additional services to our clients, which we have been providing since 1988, while enhancing the value we currently provide."
The CPAG team will bring $120 million in client assets to Cantor Fitzgerald Wealth Partners. Financial terms of the deal were not disclosed.
Stan Gregor, co-CEO of Cantor Fitzgerald Wealth Partners, said: "George and his team at Capital Planning Advisory Group bring a culture of client service and objective wealth management advice, which mirror Cantor’s own commitment to our clients. The addition of George’s office to our firm will allow us to further our organic and recruitment-oriented growth efforts in the Greater Philadelphia market."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCantor Fitzgerald has 1,600 employees across 35 locations, serving more than 7,000 institutional clients.
