Cantor Fitzgerald Wealth Partners, an affiliate of Cantor Fitzgerald serving the private wealth management market, is to acquire Capital Planning Advisory Group, a registered investment advisor in Yardley, PA.

Cantor Fitzgerald Wealth Partners, an affiliate of Cantor Fitzgerald serving the private wealth management market, is to acquire Capital Planning Advisory Group, a registered investment advisor based in Yardley, PA.

Led by George Luciani, Capital Planning Advisory Group is Cantor Fitzgerald Wealth Partners' third acquisition in Pennsylvania and its second in the Greater Philadelphia market.

Joining Luciani from CPAG will be vice president and financial planner Annie Stiles, as well as client service associate Caren Habermehl and office manager Dorie McCarthy.

In other recent news at Cantor Fitzgerald Wealth Partners, last month the firm named former Merrill Lynch executive Scott Hotham as executive vice president and head of US private wealth management sales.

CFWP is certainly in expansion mode; in February, for example, it acquired Pennsylvania-based First Commonwealth Financial Advisors and then appointed Jeff Schulte and Jim Hiles as financial advisors in New York. More recently, in April the firm linked up with Santa Monica, CA-based Wilshire Funds Management, the global investment management business, and also hired Bob Serhus as chief investment officer. The wealth management business as a whole (including asset management) has made five acquisitions since last September. Click here for an interview with Stan Gregor, the firm's president and chief executive.