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BGC Partners Overview

BGC Partners is an American global financial services company based in New York City. Originally formed as part of the larger Cantor Fitzgerald organization, BGC Partners became its own entity in 2004.
The staff at BGC Partners come from unusually diverse demographic backgrounds. The company is 16.9% female and 43.6% ethnic minorities. The diversity in BGC Partners employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 51.6% Democrats and 48.4% Republicans. Despite their political differences, employees at BGC Partners seem to be happy. The company has great employee retention with staff members usually staying for 3.1 years. The average employee at BGC Partners makes $95,711 per year. Pay at BGC Partners is significantly lower than some of its highest paying competitors, like MAXCOR FINANCIAL GROUP, ICAP Capital Markets, and Tradeweb, which pay $134,112, $118,670, and $114,366, respectively.
A large finance company with 9,238 employees and an annual revenue of $2.6B, BGC Partners is headquartered in New York, NY.

Industry

Financial Services

Revenue

$2.6B

Employees

9,238

Founded in

1945

Headquarters

New York, NY

Website

bgcpartners.com

Organization Type

Public

Is This Your Company?

The Team At BGC Partners

Key People
  • Howard Lutnick (ceo)

The Culture At BGC Partners

Information provided by the company
Results-focused and hard working. Personal and professional integrity.
Natural team player who thrives on collaborating with others;.
CG Technology (CGT) is an innovative technology solutions provider for gaming, race and sports wagering worldwide.
Our focus on leveraging innovative technology solutions shapes our business strategy and through continued investment, we are committed to bringing new, dynamic products to the global marketplace.

BGC Partners Reviews

Zippia Official Logo

1.0

Zippia UserJanuary 2020

1.0

Zippia Official LogoZippia UserJanuary 2020

What Do You Like About Working There?

Time off was decent Show More

What DON'T You Like About Working There?

Everything else. Full of nepotism. People highly unqualified in management. Those same people breaking rules at the detriment to the client. Very unprofessional in every way. Show More

What Are Your Favorite Benefits/Perks?

Time off was decent but frankly that was due to the client. BGC was prepared to take that all away before the client stepped in before they had a full walkout. So in the end, nothing that BGC offered willingly Show More
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BGC Partners Rankings

BGC Partners is ranked #93 on the Best Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

BGC Partners Salaries

How much does BGC Partners pay?
The national average salary for a BGC Partners employee in the United States is $95,711 per year. Employees in the top 10 percent can make over $162,000 per year, while employees at the bottom 10 percent earn less than $56,000 per year.
9.7
Salary Score
Average Employee Earnings

BGC Partners Salaries By Job Title

While the average employee salary at BGC Partners is $95,711, there is a big variation in pay depending on the role. Some of the positions that earn high wages at BGC Partners include partner, managing director, head of sales, and sales trader. A worker with the title partner salary at BGC Partners can earn an average yearly salary of $275,208. To get a better sense of the salaries at BGC Partners, other roles such as utility clerk and internship can be considered as well. For comparison, the title utility clerk at BGC Partners earns $30,206 per year.
Job Title
Title
ascdesc
Average Salarydesc
Partner
Salary Range215k - 351k$275k$275,208
Managing Director
Salary Range216k - 346k$274k$273,809
Head Of Sales
Salary Range178k - 250k$211k$211,246
Sales Trader
Salary Range177k - 243k$208k$207,657
Market Maker
Salary Range163k - 236k$196k$196,326
Division Director
Salary Range140k - 210k$172k$172,223
Equity Trader
Salary Range138k - 185k$161k$160,735
Development Vice President
Salary Range121k - 157k$138k$138,489
Chief Administrative Officer
Salary Range113k - 156k$133k$133,326
Technical Advisor
Salary Range110k - 144k$127k$126,536
$89k
$351k

BGC Partners Careers

On average, employees at BGC Partners stay with the company for 3.1 years. Employees most commonly join BGC Partners after leaving Tullett Prebon. When they leave BGC Partners, they most frequently get their next job at Tullett Prebon.

Average Length of Employment

ICAP
3.9 years
BGC Partners
3.1 years
GFI Group
3.0 years

Top Employers Before BGC Partners

ICAP
9.1 %

Top Employers After BGC Partners

BGC Partners Employee Demographics

9.1
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

BGC Partners Employees Education

Of the 9,238 employees at BGC Partners, 15.2% attended New York University. Employees at BGC Partners most frequently majored in Finance, and most employees’ highest level of education is a Bachelors.

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BGC Partners Employee Political Affiliation

BGC Partners employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a BGC Partners employee was by Bernard Weinstein. Bernard Weinstein donated $17,500 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Bernard WeinsteinExecutive
Bernard Weinstein
Executive
Executive
Democratic Party
Democratic Party
$17,500Democratic Party
$17,500
JON EckertBond Broker
JON Eckert
Bond Broker
Bond Broker
Republican Party
Republican Party
$12,389Republican Party
$12,389
Lee AmaitisVice Chairperson
Lee Amaitis
Vice Chairperson
Vice Chairperson
Republican Party
Republican Party
$9,800Republican Party
$9,800
Louis ScottoGeneral Manager
Louis Scotto
General Manager
General Manager
Republican Party
Republican Party
$8,500Republican Party
$8,500
Daniel LavecchiaExecutive
Daniel Lavecchia
Executive
Executive
Republican Party
Republican Party
$7,000Republican Party
$7,000
Joseph NovielloInformation Requested Per Best Efforts
Joseph Noviello
Information Requested Per Best Efforts
Information Requested Per Best Efforts
Republican Party
Republican Party
$6,000Republican Party
$6,000
Robert MillerBond Broker
Robert Miller
Bond Broker
Bond Broker
Republican Party
Republican Party
$6,000Republican Party
$6,000
James ByrneBroker
James Byrne
Broker
Broker
Democratic Party
Democratic Party
$5,100Democratic Party
$5,100
Edward KesloBroker
Edward Keslo
Broker
Broker
Republican Party
Republican Party
$5,000Republican Party
$5,000
James FormisanoBond Broker
James Formisano
Bond Broker
Bond Broker
Republican Party
Republican Party
$4,500Republican Party
$4,500
Show More

BGC Partners Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1945

Organization type

Public

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BGC Partners Subsidiaries

Subsidiaries to BGC Partners include MAXCOR FINANCIAL GROUP, GFI Group, and Newmark & Company Real Estate. Employees at the parent company, BGC Partners, earn $95,711. In comparison, the salaries at MAXCOR FINANCIAL GROUP, GFI Group, and Newmark & Company Real Estate are $134,112, $82,040, and $59,637.
Company
ascdesc
Average Salarydesc
MAXCOR FINANCIAL GROUP
Salary Range104k - 171k$134k$134,112
GFI Group
Salary Range58k - 114k$82k$82,040
Newmark & Company Real Estate
Salary Range41k - 86k$60k$59,637

BERKSHIRE MORTGAGE FINANCE

Salary Range37k - 80k$54k$54,455
CB Richard Ellis Memphis
Salary Range33k - 69k$49k$48,538
$33k
$171k

BGC Partners Competitors

Competitors of BGC Partners include MAXCOR FINANCIAL GROUP, ICAP Capital Markets, and Tradeweb. The wages at MAXCOR FINANCIAL GROUP average higher than the other similar companies, where the median salary is $134,112 per year. Employees at ICAP Capital Markets earn an average of $118,670 per year, and the employees at Tradeweb earn an average salary of $114,366 per year.
Companydesc
Average Salarydesc

MAXCOR FINANCIAL GROUP

Salary Range104k - 171k$134k$134,112
ICAP Capital Markets
Salary Range89k - 156k$119k$118,670
Tradeweb
Salary Range93k - 139k$114k$114,366
Cantor Fitzgerald
Salary Range68k - 132k$95k$95,056
CME Group
Salary Range75k - 118k$94k$94,379
ICAP
Salary Range70k - 125k$94k$94,106
Depository Trust & Clearing
Salary Range74k - 113k$92k$91,796
Cowen
Salary Range59k - 123k$86k$85,580
Tullett Prebon
Salary Range62k - 116k$85k$85,270
GFI Group
Salary Range58k - 114k$82k$82,040
$36k
$171k

Frequently Asked Questions about BGC Partners

When was BGC Partners founded?

BGC Partners was founded in 1945.

How many Employees does BGC Partners have?

BGC Partners has 9,238 employees.

How much money does BGC Partners make?

BGC Partners generates $2.6B in revenue.

What industry is BGC Partners in?

BGC Partners is in the financial services industry.

What type of company is BGC Partners?

BGC Partners is a public company.

Who are BGC Partners's competitors?

BGC Partners competitors include GFI Group, Tullett Prebon, ICAP, Tradeweb, CME Group, MAXCOR FINANCIAL GROUP, Depository Trust & Clearing, ICAP Capital Markets, BERKSHIRE MORTGAGE FINANCE, Business acquisition, Scottrade, Murphy Business & Financial, Global Arena, Cantor Fitzgerald, WEALTH MANAGEMENT ASSOC INCORP, JC INVESTMENT CONSULTING, American Capital Partners, Legacy Capital Management, Energy Bank, Cowen.

Who works at BGC Partners?

Howard Lutnick (ceo)

Where is BGC Partners's headquarters?

BGC Partners's headquarters is in New York, NY.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of BGC Partners, including salaries, political affiliations, employee data, and more, in order to inform job seekers about BGC Partners. The employee data is based on information from people who have self-reported their past or current employments at BGC Partners. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of BGC Partners and its employees or that of Zippia.

BGC Partners may also be known as or be related to BGC PARTNERS INC, BGC Partners, BGC Partners Inc and BGC Partners, Inc.