Senior IT Engineer (Former Employee) – Shrewsbury, NJ – February 10, 2016
Cantor itself was a great place to work because all the employees there (aside from management) truly cared about doing a great job and were very nice people to work with. Management was a hit or miss situation as some managers went out of their way for their employees, while others didn't get involved at all.
A typical day at Cantor varied from day to day, but for the most part most of the support calls were Bloomberg feeds or other market data feeds down, an occasional virus ect.
The hardest part of the job was the pressure to get problems resolved as time is money in the brokerage world.
The most enjoyable part of the job is that although there were specific departments for things such as phones, servers or backups, whereas at Cantor, I was able to get my hands dirty in all aspects of technology
Great place to work and help rebuild the business.
Vice President (Former Employee) – New York, NY – October 26, 2014
I joined Cantor Fitzgerald a month after the tragic events of September 11, 2001. I was extremely excited and nervous to help them rebuild there equity trading platform. Over the past 13 years, I have worked and learned from some of the best professionals Wall Street will ever see. In that process, I've always met friends and colleagues that I remain close for the rest of my life. Though I am no longer at Cantor Fitzgerald, I will always remain a fan of their success, which I know I had a hand in preserving. That being said, I still have a lot of gas left in the tank, and look forward to the next chapter of my career.
Analyst (Former Employee) – New York, NY – August 30, 2011
Cantor Fitzgerald provides new employees with little to no job training. It is a high pressure, stressful environment. Employees are not valued. The firm has an open door policy; as quickly as it opens they ask you to leave. It is the most unprofessional environment I've had the horror of working at. It is not an experience I'd recommend to anyone but don't take my word for it. Do your due diligence. There are other sites and many people who would agree with my sentiment. If you do work for CF, I hope your experience is a lot better than at least a dozen people I've met.
Assistant Vice President of Operations (Current Employee) – Purchase, NY – July 10, 2012
I have worked with the same group for the past fifteen plus years. We all work well together and independently. Our main focus is to meet the needs of our clients with the upmost professionalism. Most of our clients have followed us throughout our business ventures. We recently merged with Cantor Fitzgerald as a division of their Prime Brokerage business for the New York area. I call my office my second home, but I do feel as if my time is slowly coming to an end. Most of what I did for the original company has been moved over to the main office since we merged.
Middle Office (Former Employee) – New York, NY – April 16, 2013
Cantor Fitzgerald is a prestigious company to work for. They carry a lot of notoriety in investment banking and electronic brokerage services.
There is high employee turnover at Cantor. This is because, they rarely promote from within. They are more likely to hire someone for more money from outside of the company.
If you are looking for career advancement, Cantor has a great name. But they are known not to pay well unless you work in the Front office. Best to work for a year, leave for another company, and come back a year later to negotiate a better salary.
But the people at Cantor are awesome. Its a place that encourages others to build great bonds and friendships.
Communications Analyst (Former Employee) – New York, NY – March 14, 2012
It's been said that Cantor Fitzgerald is a big business run like a small business. I've found this to be true. There is a lot of red tape to get through in order to even begin to do the simplest task. I would have rather just be free to get the work done. The people are generally friendly and supportive, but management can be unreasonably difficult at times. They want to be consulted on every small decision, however, a lot of the time they are not available so things take longer to get done.
Don't believe anyone on this site that says that Cantor is a good place to work. The mission of the CEO and top management is to screw employees out of whatever money they can. Their overtime policy is borderline illegal and their bonuses are a joke. Most of it is given out in a restricted stock scheme that vests after most people have left the firm. The turnover in the HR department is the worse which says a lot. Stay away from this place if you want to have a decent career.
Executive Personall Assistant (Former Employee) – 110 East 59th Street, NY, NY 10022 – March 1, 2012
Cantor Fitzgerald & L.P. is a great office to work in. But with all they have been through you think that they would appreciate loyal employees who go above and beyond. That is not the case is some of the departments. Can getting stuff fixed through the IT department is like dealing with a goverment agency - so much red tape for the most simple thing.
Agency Trader (Former Employee) – New York, NY – February 12, 2014
At first glance Cantor Fitzgerald seems like any other regional investment bank. After a closer look the CEO of the firm Howard Lutnick and his partnership with the employees is a detriment to paying competitive salaries, hiring top level talent, and it erodes trust between employees and management.
Senior Vice President (Current Employee) – Charlotte, NC – November 15, 2013
I function in the Institutional Fixed Income Sales area, dealing specifically with Middle Market accounts. Cantor Fitzgerald is a primary dealer with an emphasis on Tier 1 accounts. The middle markets efforts at Cantor are relatively new to the firm and continuing to grow.
Compensation Analyst (Former Employee) – New York, NY – July 15, 2013
Cantor is a very rigid company with a dying brokerage business model. If you need corporate exposure, it's a great place to start your career, but the pay is terrible and the long term growth opportunities are not good.