Encyclopedia · Organization
Cantor Fitzgerald
U.S. financial services group and holding-company structure formerly chaired and led by Howard Lutnick.
History and structure
Cantor operates banking, markets, brokerage, real estate and financial-technology businesses; the legal group includes Cantor Fitzgerald L.P., Cantor Fitzgerald & Co., BGC and Newmark interests. Howard Lutnick led the group before federal office.
Current documented status
Cantor announced Lutnick stepped down as chairman and CEO upon his February 2025 Commerce confirmation. In May 2025 it announced a transfer of his ownership through trusts benefiting his adult children, with Brandon Lutnick as controlling trustee, and a minority investor group led by 26North. These are company announcements; realized transfers and ethics compliance should be assessed using filings.
References
- https://www.cantor.com/howard-lutnick-confirmed-as-41st-united-states-secretary-of-commerce-steps-down-from-his-positions-at-cantor-fitzgerald-l-p/
- https://www.cantor.com/cantor-fitzgerald-announces-next-generation-of-ownership/
- https://www.cantor.com/our-company/who-we-are/
Where this subject appears in The Story
Read the historical narrative and follow its linked names and organizations back into the Encyclopedia.
Documented connections
These are specifically described relationships in public records. A shared institution, appointment or event does not by itself demonstrate coordination or wrongdoing.
- 26North (organization) — joined outside minority investor group · 2025-05
- 26North (organization) — Led announced Cantor minority investment group · May 2025
- Brandon Lutnick (person) — appointed chairman and chief executive · 2025-02
- Brandon Lutnick (person) — Chairman; controlling trustee · February–May 2025
- Glenn August (person) — minority investor in · 2025-05
- Glenn August (person) — Announced minority investor alongside 26North group · May 2025
- Howard Lutnick (person) — joined fixed-income team · 1983
- Howard Lutnick (person) — completed divestment of control · 2025-10-06
- Howard Lutnick (person) — Former chairman and CEO; stepped down February 2025 · until February 2025
- Kyle Lutnick (person) — appointed executive vice chairman · 2025-02
- Kyle Lutnick (person) — Executive vice chair; trust beneficiary · February–May 2025
- Tether (organization) — made convertible debt investment in Tether holding company · 2024-04
- Tether (organization) — Treasury reserve custody/dealing relationship and convertible debt investment disclosed in Senate record · 2024–2025