Cantor Fitzgerald http://www.globalpost.com/taxonomy/term/57141/all en Exclusive: Cantor Fitzgerald to start wealth management business http://www.globalpost.com/dispatch/news/thomson-reuters/130622/exclusive-cantor-fitzgerald-start-wealth-management-business <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jed Horowitz</p> <p>NEW YORK (Reuters) - New York firm Cantor Fitzgerald, which is branching out from its core business of electronically trading bonds with other brokers, plans to start managing assets for wealthy individuals around the end of the year, a company spokeswoman confirmed.</p> <p>Cantor Chief Executive Howard Lutnick has amassed a wide range of new businesses to offset lower income from trading commissions that have fallen due to technology and declining volume.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130622/exclusive-cantor-fitzgerald-start-wealth-management-business" target="_blank">read more</a></p> Business Cantor Fitzgerald Disaster Financial economics Investment Labor Law Primary dealers Religion Thomson Reuters Sat, 22 Jun 2013 05:39:24 +0000 Thomson Reuters 5863998 at http://www.globalpost.com