Cantor Fitzgerald

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Cantor Fitzgerald Reviews

Updated February 23, 2015
Updated February 23, 2015
86 Reviews
3.0
86 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Cantor Fitzgerald Chairman and CEO Howard W. Lutnick
Howard W. Lutnick
54 Ratings

Review Highlights

Pros
  • The firm values and rewards initiative and hard work (in 3 reviews)

  • If you find a way to impress senior management, it could make your experience there a really good one (in 3 reviews)


Cons
  • long hours but pays off in the end (in 9 reviews)

  • Long hours are expected and the benefits package leaves much to be desired - no 401k match, what (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Incredible Experience

    • Career Opportunities
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY

    I have been working at Cantor Fitzgerald

    Pros

    My employment at Cantor Fitzgerald has be an exceptional experience. Cantor recruits team-oriented professionals who are serious about meeting challenges in the financial markets and setting the pace of technological innovation. The corporate culture of the firm is a major reason I enjoy working with my team. They play a crucial role in the growth of Cantor Fitzgerald by maintaining a positive exposure in the media.

    Employees at Cantor must embody the willingness to make a difference in the world with enthusiastic charity work to promote the welfare of others by donating time to elevate awareness and raise a multitude money for numerous charities through the Cantor Relief Fund. After the 9/11 attack on the World Trade Center, Cantor lost over 600 employees and since then a positive attitude is a common thread that unites the people who work here.

    I am extremely fortunate to work with a team, who has contributed to my professional development as I begin my career.

    Cons

    Initially, I was hired as an intern for 30 days to assist the marketing team with Cantor/BGC Partners annual charity day. My work and dedication with the BGC team lead to an extension of my internship which led to a temp position at Cantor Fitzgerald. I met some challenges making the transition to an administrative assistant position, covering the for an employee who resigned. I needed to familiarize myself with the proper procedures and various systems at a time when there was a lot of activity going on and the team was busy with other projects. I feel I have rose to the occasion and did an excellent job figuring out what I could on my own without being a burden to my co-workers. My assignment has been extended several times and I am confident my commitment has not gone unnoticed.

    Recommends
    Approves of CEO
  2.  

    Eat what you kill

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald

    Pros

    If you do well you can make a lot of money

    Cons

    If you don't do well you are out.

    Advice to ManagementAdvice

    Explain bonus structure better

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    Equities Summer Internship Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Equities
    Former Intern - Equities

    I worked at Cantor Fitzgerald as an intern

    Pros

    Got to shadow the traders all day
    few large group projects

    Cons

    Not a lot of work - no real responsibilities

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    High turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cantor Fitzgerald

    Pros

    work-life balance; meaningful compensation; casual culture

    Cons

    not too much training; high turnover

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Summer intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald

    Pros

    very relaxed office culture on trading floor

    Cons

    low hourly rate compared to other interns at other banks

  7. 3 people found this helpful  

    Howard has HR writing fake reviews!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Controller in New York, NY
    Former Employee - Controller in New York, NY

    I worked at Cantor Fitzgerald

    Pros

    1. Because the compensation is so terrible, there is no incentive among employees to work hard. Because of this culture, you can get paid to be on ESPN and Amaxon all day. Great company for the lazy folk who don't want to work hard!!!

    Cons

    1. I've heard from inside sources that Howard was angry about the number of bad reviews on Cantor and it was making it difficult to hire people. He responded by getting the HR team to regularly write fake reviews. Don't be fooled.
    2. Terrible benefits (no 401k match)
    3. Crappy health insurance.
    5. Always hiring because the company can't retain employees.

    I wouldn't recommend this company to my worst enemy.

    Advice to ManagementAdvice

    Resign...you have no managerial skill set.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Not the greatest

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY

    I have been working at Cantor Fitzgerald

    Pros

    They have great employees who show dedication. If placed within the right department one has the potential to learn a lot (I'm guessing).

    Cons

    Forced overtime, no lunch breaks (you get 20-30 mins to pick up lunch) must eat at desk. No work/life balance which says a lot for a company that lost 652 employees during 9/11 (sorry to say). Its a company that only benefits executive levels. Extremely high turn over and very expensive benefits.

    Advice to ManagementAdvice

    Advice does to management does not matter because they've created this type of environment. Not even the HR department can help as they are simple puppets of this management.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    CHEAP company, but with pockets of great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald full-time

    Pros

    There are some truly excellent people working there. You can learn a lot. It's a great way to break into finance. If you're in IT, you can pretty do what you want so long as it works. Hours are regular.

    Cons

    VERY cheap company. Forget about decent bonuses or salary increases. A lot of politics. CEO is reputed to be very abusive (though I can't speak from experience). If they're going to fire you, expect it right before you get your annual bonus.

    Advice to ManagementAdvice

    Value your employees and you'll get more from them in return.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  10.  

    Good as long as you don't get into anybody's space

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cantor Fitzgerald full-time (more than 8 years)

    Pros

    Good salary for the work produced.

    Cons

    very few promotions , salary increases.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Meh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President
    Current Employee - Vice President

    I have been working at Cantor Fitzgerald full-time (more than 8 years)

    Pros

    Salary; lots of work; hands off management

    Cons

    Lack of opportunities, disorganization; lack of caring

    Advice to ManagementAdvice

    Focus on retention

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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