NEW YORK, Sept. 5, 2014 /PRNewswire/ -- Cantor Fitzgerald Wealth Partners, LLC, an affiliate of Cantor Fitzgerald serving the private wealth management market, continues to expand its team with the addition of financial industry veterans Jack D. Mounts and Michael Lonk. Messrs. Mounts and Lonk, both former executives at Merrill Lynch, will aggressively seek to expand Cantor Fitzgerald Wealth Partners' advisor force nationwide. Mr. Mounts has been named Managing Director and Head of Recruiting, and Mr. Lonk is Vice President and Senior Recruiter. They will report to Scott Hotham, Executive Vice President and Head of US Private Wealth Management Sales for Cantor Fitzgerald Wealth Partners.
"It was a natural fit to bring Michael and Jack on board to lead the recruiting efforts at Cantor Fitzgerald Wealth Partners. Both have tremendous expertise and will certainly continue our mission of attracting high-caliber team members to represent our brand," said Stan Gregor, President and Co-Chief Executive of Cantor Fitzgerald Wealth Partners. "We have seen tremendous growth since the inception of Cantor Fitzgerald Wealth Partners and Michael and Jack will help accelerate that progress."
"Cantor Fitzgerald Wealth Partners is committed to aggressively growing its national presence and cementing itself as the premier destination for advisors looking to grow their business with a national brand supporting them the entire way," adds Hotham. "We look forward to seeing the type of talent that Michael and Jack will attract to the firm."
Mr. Mounts most recently served as Director of Recruiting for Merrill Lynch in the Southeast, South Atlantic and Pacific West markets. In addition to his 21-year career at Merrill Lynch, he worked at Prudential Securities in several capacities, and has worked as a financial advisor, manager and recruiting director.
Until transitioning to Cantor Fitzgerald Wealth Partners, Mr. Lonk previously served as a recruiter on behalf of Merrill Lynch. During his advisory career, he worked for firms including Merrill Lynch, Morgan Stanley Dean Witter and Raymond James Advisors. Mr. Lonk has over 33-years of experience spanning several different roles, including financial advisor, branch manager, RIA and RIA recruiter.
Cantor Fitzgerald Wealth Partners, an affiliate of Cantor Fitzgerald & Co., serves the private wealth market. In addition to its partnership structure, Cantor Fitzgerald Wealth Partners provides its advisors with an expansive suite of products and services, as well as access to Cantor Fitzgerald's services reserved for Cantor's large institutional clients.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services group at the forefront of financial and technological innovation has been a proven and resilient leader for over 65 years. Cantor is a preeminent investment bank serving more than 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate finance and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through over 35 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.
Note to Editors: Cantor Fitzgerald, L.P., led by Chairman and Chief Executive Officer Howard W. Lutnick, is the parent entity of Cantor Fitzgerald & Co., led by Chief Executive Officer Shawn P. Matthews, and Cantor Fitzgerald Wealth Partners, LLC.
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SOURCE Cantor Fitzgerald Wealth Partners, LLC
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