Credit Union Asset Strategy Group adds combined $1 billion in client assets and establishes first office in Michigan to serve the private wealth market
NEW YORK – April 30, 2015 – Cantor Fitzgerald Wealth Partners, LLC, an affiliate of Cantor Fitzgerald & Co. serving the private wealth management market, continues rapid expansion with the addition of its first wirehouse team and office in Michigan. Joining Mark Wickard will be Tobias Timm, Regina Wickard, and Kevin Lynch, who manage client relationships of approximately $1 billion in client assets. The newly established Credit Union Asset Strategy Group will be based in Michigan and work closely with the existing Debt Capital Markets team of Cantor Fitzgerald & Co. to help grow the business and provide fixed income brokerage for credit unions.
“We are excited to welcome Mark and his team to Cantor Fitzgerald, and to bring on our first wirehouse team,” said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. and Cantor Fitzgerald Wealth Partners. “Mark and his team represent the caliber of advisors that we are selectively seeking to add to our growing Wealth Partners platform across the country. We are firmly committed to expanding our presence in the wealth management market and expect to bring in additional teams to help accelerate our growth and strengthen our client relationships.”
Mr. Wickard added, “Cantor Fitzgerald’s business model represents the best of both worlds for our team and our clients. We were attracted to Cantor’s independence and stability, backed by the support of a strong distribution platform and global footprint. This move will allow us to expand our capabilities, and empower us to better service the needs of our clients.”
Mr. Wickard previously served as Executive Director in the Morgan Stanley Credit Union Group. Prior to this, he was Director of the Credit Union Strategy Group at Wachovia Securities. Before that, Mr. Wickard founded the PaineWebber Credit Union Investment School. He also co-authored the book Credit Union Investment Management. Mr. Wickard holds a B.A. from Michigan State University and a J.D. from Thomas Cooley Law School.
Mr. Timm most recently served as Senior Vice President in the Morgan Stanley Credit Union Group. Prior to this, he was Vice President of Investments at McDonald & Company’s Credit Union Asset Management Group, and a Financial Consultant at E.F. Hutton (later known as Shearson Lehman Hutton). Mr. Timm holds an MBA from the Eli Broad School of Business at Michigan State University.
Mrs. Wickard recently served as First Vice President in the Morgan Stanley Credit Union Group. Before that, she was a Financial Advisor for the PaineWebber Credit Union Group, and helped to found the PaineWebber Credit Union Investment School. Mrs. Wickard holds a B.A. from Towson University and a J.D. from Thomas Cooley Law School.
Mr. Lynch previously served as First Vice President in the Morgan Stanley Credit Union Group. Prior to this, he was a Finance Manager for Sodexho Marriot, where he maintained and managed the financial terms of $4 billion in purchased contracts. Before that, Mr. Lynch was the Financial Analyst and Managerial Accountant at Justice Federal Credit Union. Mr. Lynch holds a B.A. in Finance from the University of Maryland, and an MBA from Marymount University.
Cantor Fitzgerald Wealth Partners, LLC, 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 wwwucts and services, as well as access to services reserved for Cantor’s 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 capital markets 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 financing and 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 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit aws-dev2.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.