What Dominari Holdings does

Dominari Holdings Inc. (Nasdaq: DOMH) is a publicly traded holding company headquartered at 725 Fifth Avenue, 22nd Floor in New York (Trump Tower), with an executive office in Palm Beach Gardens, Florida. Originally founded in 1967 as Aikido, a biotechnology company that went public in 1992, the entity was rebranded and pivoted into a diversified financial services platform spanning wealth management, investment banking, sales and trading, and asset management. Its wholly-owned full-service broker-dealer, Dominari Securities (DOMS), serves as the primary operating subsidiary and distribution engine.

The company's core product is a proprietary Special Purpose Vehicle (SPV) platform under the 'Dominari Series SPVs' and 'American Ventures' brands, which provides institutional and high-net-worth clients access to private American technology and AI unicorns including SpaceX, xAI, Cerebras Systems, Anduril, and Groq. The American Ventures arm, 90% owned by Dominari, has raised approximately $1 billion across 21 investment vehicles targeting AI, drones, cryptocurrency, nuclear energy, and data centers. Eric Trump and Donald Trump Jr. are passive investors holding approximately 12% of the company collectively.

Revenue is generated through underwriting and advisory fees on IPOs, PIPEs, and private placements, carried interest on SPV investment gains (a ~9x return on the Cerebras position is a notable example), and recurring asset management fees. The customer base consists of American technology and AI companies seeking capital markets access and institutional/HNW investors seeking private market exposure. Revenue grew 487% to $123.1 million in FY2025 and accelerated further with Q1 2026 revenue of $35.8 million (395% YoY), although the business model is inherently deal-driven and concentrated around a small number of large SPV transactions.

Name

Dominari Holdings

Legal name

Dominari Holdings Inc.

Website

https://dominariholdings.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Short description

Dominari Holdings (Nasdaq: DOMH) is a holding company operating through broker-dealer Dominari Securities to provide investment banking, wealth management, and proprietary SPV access to private American technology and AI unicorns for institutional and high-net-worth investors.

Ownership category

akta.pro rank

Product category

Investment Banking and Wealth Management

NAICS

Investment Banking and Securities Intermediation (523150), Portfolio Management and Investment Advice (523940), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Investment banking services
• Private placement offerings
• Special purpose vehicles
• Wealth management services
• Asset management advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Underwriting Services: Revenue from underwriting IPOs and capital market activities for American companies, including private placements and PIPE transactions
2. Carried Interest: Performance fees earned from successful SPV investments, including returns from SpaceX, Cerebras, xAI, and other portfolio companies. The firm earns carried interest on investment gains.
3. Asset Management: Revenue from wealth management and asset management services through subsidiaries
4. Investment Banking Advisory: Advisory fees from helping companies raise capital and go public

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Dominari Holdings is a holding company that, through its wholly-owned subsidiary Dominari Securities LLC, operates a boutique investment bank and full-service broker-dealer focused on the American technology and AI sectors. The firm provides investment banking advisory, private placements, PIPE transactions, sales and trading, wealth management, and asset management services, and creates proprietary Special Purpose Vehicles (SPVs) that give institutional and retail clients access to private market investments in American technology unicorns such as SpaceX, xAI, Cerebras Systems, Anduril, and Groq. Its American Ventures arm manages a $1 billion private fund network across 21 investment vehicles.

Product overview

Dominari Holdings operates as a holding company with a platform-plus-subsidiaries architecture. The core entity (Dominari Holdings) functions as the parent holding company listed on Nasdaq, providing management support and capital investment across its subsidiaries. The primary operating subsidiary is Dominari Securities (DOMS), the company's wholly owned full-service broker dealer and investment bank. Dominari Securities creates proprietary SPV series vehicles that provide institutional and retail clients access to private technology unicorns such as SpaceX, xAI, Cerebras Systems, Anduril, and Groq. American Ventures serves as the investment arm, managing a $1 billion investment network across 21 vehicles targeting AI, drones, cryptocurrency, nuclear energy, and data centers. The portfolio companies are held through various SPV series, with the company having invested approximately $292 million across all SPV series with an estimated value of $1.27 billion.

Differentiator

Problem solved

Functional benefit

Brands

• Dominari Series SPVs: Proprietary SPV vehicles for investing in unicorn technology and AI companies including SpaceX, xAI, Cerebras Systems, Anduril, and Groq
• American Ventures

Products and services

• Dominari Securities (DOMS) Dominari Holdings' wholly-owned full-service broker dealer and investment bank that advises and helps American companies in the technology and AI-verse raise capital in private markets, go public, and access capital in public markets via direct investments and proprietary SPVs.
• Dominari Series SPVs Proprietary Special Purpose Vehicles created by Dominari Securities that provide institutional and retail clientele with access to compelling American unicorn technology and AI companies, including SpaceX, xAI, Cerebras Systems, Anduril, and Groq, with well over $100 million deployed across the Dominari Series SPVs.
• American Ventures An investment arm controlled by Dominari Holdings (90% owned) that has created a $1 billion investment network targeting AI, drones, cryptocurrency, nuclear energy, and data centers, raising capital across 21 investment vehicles to provide strategic exposure to administration-aligned sectors.
• PIPE Transactions Private Investment in Public Equity (PIPE) transactions facilitated by Dominari Securities for American technology companies, providing public-market capital raising support.
• Wealth Management Services Wealth management services provided through Dominari Holdings' subsidiaries, offering investment advisory and portfolio management solutions as part of the holding company's integrated financial services platform.
• Asset Management Services Asset management services provided through Dominari Holdings' subsidiaries, managing investment portfolios and strategies as part of the holding company's integrated financial services platform.
• Sales and Trading Sales and trading services offered through Dominari Securities, the firm's full-service broker-dealer subsidiary, providing market access and execution services as part of the holding company's integrated financial platform.

Quantifiable outcome

• 487% revenue increase in 2025 to $123.1 million
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• HemicoreStrategic or Co-development PartnerDominari Securities partnered with Bitcoin project Hemi to develop regulated digital asset and ETF platforms facilitating institutional exposure to Bitcoin. The partnership aims to expand adoption of Bitcoin-based financial products and accelerate integration of Bitcoin and Ethereum networks.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• B. Riley Financial: B. Riley is a diversified small/mid-cap financial services platform offering investment banking, wealth management, brokerage, and asset management — directly comparable to Dominari's multi-line holding company model, though at a much larger scale.
• Moelis & Company: Moelis is a global independent investment bank focused on M&A and capital markets advisory — comparable to Dominari's investment banking and underwriting capabilities though at significantly greater scale and brand recognition.
• Focus Financial Partners: Focus Financial is a leading RIA and wealth management consolidator serving HNW and institutional clients — analogous to Dominari's wealth and asset management franchise and its ambitions to scale via M&A.

Direct peers

• Oppenheimer Holdings: Oppenheimer is a mid-market full-service broker-dealer and investment bank with wealth management and asset management divisions, structurally analogous to Dominari Securities; Kyle Wool previously served as Managing Director at Oppenheimer.
• Alliance Global Partners (A.G.P.): A.G.P. is a small-cap broker-dealer and investment bank focused on IPO underwriting, PIPE transactions, and private placements for emerging growth companies — directly comparable to Dominari Securities' core underwriting business.
• Maxim Group: Maxim Group is a boutique full-service broker-dealer offering investment banking, sales and trading, and wealth management — closely comparable to Dominari Securities' service mix and small-cap focus.
• EF Hutton: EF Hutton is a boutique investment bank and broker-dealer providing capital markets, advisory, and equity research services — comparable to Dominari Securities in size, scope, and target client profile of small/mid-cap issuers.
• Ladenburg Thalmann: Ladenburg Thalmann was a small-cap broker-dealer and wealth management platform combining investment banking, retail brokerage, and asset management — directly comparable to Dominari's integrated holding-company model.

Emerging players

• Forge Global: Forge Global is a leading private shares trading and platform provider enabling institutional and HNW access to pre-IPO unicorns — comparable to Dominari's SPV-based private-market access franchise, though via a marketplace model rather than SPVs.
• Hiive: Hiive is a private market liquidity platform for buying and selling shares in unicorn companies — functionally analogous to Dominari Series SPVs in providing HNW and institutional access to pre-IPO tech names, albeit via a secondary marketplace model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/spherix
• LinkedInlinkedin.com/company/dominariholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds9 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dominari Holdings