Deal Snapshot
Cantor Fitzgerald Unit Acquires the Asset Management Business of Flippin, Bruce and Porter
Thursday 10 June 2021

New York, US-based investment bank Cantor Fitzgerald, L.P.'s Cantor Fitzgerald Investment Advisors, L.P. investment and advisory solutions subsidiary has acquired the asset management business of registered investment advisory firm Flippin, Bruce and Porter, Inc, the firm said.

The Lynchburg, Virginia based asset management platform will operate out of CFIA, with the same team that previously served at FBP, and will continue to be led by John Bruce, founder and portfolio manager of FBP, in his role as senior managing director of the newly formed Flippin, Bruce and Porter business of CFIA.

Date Published: 10/06/2021