Cantor Fitzgerald Wealth Partners, an affiliate of Cantor Fitzgerald & Co. serving the private wealth management market, and Wilshire Funds Management, the global investment management business unit of Wilshire Associates Incorporated, have entered into a strategic advisory partnership.
WFM will advise CFWP’s Investment Management Committee and collaborate with CFWP to deliver customized investment advisory solutions for CFWP’s high-net-worth clients. Wilshire Funds Management will also work closely with CFWP advisors to conduct in-depth manager research utilizing its proprietary research process and analytical tools. In addition, Wilshire plans to deliver a suite of outcome-oriented model portfolios that includes traditional and non-traditional asset classes and investment strategies.
“CFWP is committed to providing best in-class investment services, centered on objective advice and carefully selected solutions that enable our advisors to help their clients achieve their unique financial goals,” said Stan Gregor, President and Chief Executive Officer of Cantor Fitzgerald Wealth Partners. “We look forward to applying WFM’s insights to provide a customized and exclusive offering for our clients, while aggressively expanding our platform through acquisitions of wealth management companies, Registered Investment Advisors (RIAs) and some of the industry’s finest and most successful Financial Advisors.”
Cantor Fitzgerald and Wilshire have more than 100 years of combined experience serving some of the world’s largest institutional clients, and have expanded their breadth of services to focus on the unique needs of individual investors.
“Cantor Fitzgerald Wealth Partners and Wilshire Funds Management both strive to impart institutional best practices and to empower financial advisors with sophisticated research and advisory support that foster scale and improve investment outcomes for individual investors,” said Jason Schwarz, President of Wilshire Funds Management. “Our shared vision and purpose makes this partnership very exciting.”
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, 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 and affiliates have approximately 8,000 employees serving clients through over 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East.
Since its founding in 1972, Wilshire Associates has evolved from an investment technology organization into a leading global investment services firm specializing in discretionary fund-of-funds portfolio management, investment consulting services, and investment technology solutions. Based in Santa Monica, California with ten offices on four continents, today Wilshire Associates employs 300+ associates worldwide, more than 65 of whom contribute to manager research. Wilshire serves in excess of 500 clients in over 20 countries with combined assets exceeding $7 trillion.