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Banking & Savings M&A image Banking & Savings M&A » By The Online Investor Staff, updated Fri., Apr. 19, 3:07 PM Recent mergers and acquisitions in the Banking & Savings M&A category.

Slide #65. Cantor Fitzgerald Wealth Partners Business of First Commonwealth Financial Advisors

Acquirer: Cantor Fitzgerald Wealth Partners
Acquiree: Business of First Commonwealth Financial Advisors (NYSE:FCF)
Details: Cantor Fitzgerald Wealth Partners, LLC, an affiliate of Cantor Fitzgerald & Co. serving the private wealth management market, today announced its agreement to acquire the advisory business of First Commonwealth Financial Advisors, Inc. (FCFA), a registered investment advisory firm with over $2 billion in assets under advisement, and a subsidiary of First Commonwealth Financial Corporation (NYSE: FCF). The Pittsburgh-based advisory offices will operate with the same team of advisors that previously served the clients at FCFA, and will continue to be led by Richard R. Applegate, CFP, AIFA, ChFC, CLU in his role as a Member of Cantor Fitzgerald Wealth Partners, LLC.



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Company Name:  First Commonwealth Financial Corp (Indiana, PA)
Stock buyback:  FCF buyback
Website:  www.fcbanking.com
Sector:  Banking & Savings
Number of ETFs Holding FCF:  55
Total Market Value Held by ETFs:  $331.81M
Total Market Capitalization:  $1.29B
% of Market Cap. Held by ETFs:  25.72%
 

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April 19, 2024    3:07 PM Eastern
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