Cobalt Capital

What Cobalt Capital does

Cobalt Capital, Inc. is a privately held managing broker-dealer founded in 2005 and headquartered in Lake Mary, Florida. The firm provides an inception-to-closing private placement platform for Sponsors of alternative investment programs, offering end-to-end broker-dealer services across the full fund lifecycle. Its service suite includes due diligence review, FINRA marketing and advertising compliance, Blue Sky filings, document and subscription processing, escrow deposit management, commission payment administration, custodial platform navigation, investor relations, wholesaler support, and back-office operations.

The company distributes Sponsor offerings nationally through a qualified network of registered advisors and selling group members, ultimately reaching retail clients. It earns revenue through fees associated with these professional and administrative services. Cobalt Capital is a FINRA member firm and operates with a small core team of three named professionals: Founder and President Ben Schick, Chief Compliance Officer Brian Megenity (joined 2020, former NASD examiner), and Director of Operations Mariely Acosta (with the firm since inception). The business model is relationship-driven and sales-led, targeting a selective set of "Best in Class" Sponsors with in-house wholesaling teams.

There are no proprietary technology platforms, AI/ML capabilities, funding rounds, acquisitions, or disclosed financials in the source material. The firm has operated continuously since founding with no parent company, no external investors, and a single U.S. office.

Name

Cobalt Capital

Legal name

Cobalt Capital, Inc.

Website

https://cobaltcapitalinc.net

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Cobalt Capital is a FINRA-registered managing broker-dealer that provides inception-to-closing private placement platform services to alternative investment program Sponsors. The Florida-based firm offers compliance, distribution, and back-office support across the full private placement fund lifecycle.

Ownership category

akta.pro rank

Product category

Broker-Dealer Services

NAICS

Depository Credit Intermediation (5221), Funds, Trusts, and Other Financial Vehicles (525), Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), SME Lending & Working Capital Platforms (FSAGAJAA), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

• Managing broker-dealer
• Private placement services
• Fund administration services
• Alternative investment compliance
• Capital raise support

Headquarters

HQ city

Lake Mary

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Managing Broker-Dealer Services: The firm provides end-to-end broker-dealer services for private placement offerings, including due diligence review, compliance, offering materials review, document processing, commission payments to selling groups, custodial relationship management, investor relations, wholesaler support, and back-office support. Revenue is generated through fees associated with these administrative and compliance services throughout the fund lifecycle from inception to capitalization.

Go-to-market motion2 records

Distribution channels1 record

Core offering

Cobalt Capital, Inc. is a FINRA-registered managing broker-dealer that provides Sponsors of alternative investment programs with an inception-to-closing private placement platform. Core services include due diligence review, regulatory compliance and Blue Sky filings, FINRA marketing and advertising review, subscription document processing and escrow management, selling-group commission payments, custodial platform onboarding, investor communications, wholesaler support, and back-office administration. The firm targets Sponsors with in-house wholesaling teams and distributes offerings nationally through a qualified network of registered advisors and selling group members.

Product overview

Cobalt Capital operates as a single unified managing broker-dealer platform offering inception-to-closing private placement services. The core offering is the Managing Broker-Dealer Services platform, which is complemented by a suite of integrated service modules including Due Diligence Review, Compliance Services, Documents and Escrow Deposits, Commission Payments, Custodial Relationships, Investor Relations Services, Wholesaler and Distribution Support, and Back-office Support. Together, these services provide Sponsors with a comprehensive administrative solution for fund offerings from inception through capitalization.

Differentiator

Problem solved

Functional benefit

Products and services

• Managing Broker-Dealer Services End-to-end managing broker-dealer platform providing Best in Class Sponsors with an inception-to-closing private placement solution, including due diligence review, compliance and Blue Sky filings, FINRA marketing and advertising review, subscription document processing and escrow deposits, commission payments, custodial relationship navigation, investor relations, wholesaler support, and back-office administration. The offering is targeted at Sponsors with in-house wholesaling teams and distributes offerings nationally through a qualified network of advisors and selling group members to retail clients.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Qualified Network of AdvisorscoreChannel Partner/ Reseller/ DistributorA network of registered investment advisors and selling group members who distribute the private placement offerings to retail clients. Cobalt supports these advisors through commission payment processing and document distribution services.
• Qualified Account CustodianscoreOthersVarious qualified account custodians on whose platforms Cobalt Capital establishes products for distribution. The firm navigates custodian processes on behalf of Sponsors to facilitate investment product accessibility.

Scale indicators2 records

Recent moves5 records

Direct peers

• WestPark Capital: Full-service broker-dealer and investment bank active in private placements, IPOs, and capital raising. Comparable to Cobalt in providing FINRA-regulated intermediation for issuers seeking private capital.
• Axiom Capital Group: Broker-dealer offering private placement, investment banking, and capital markets services to growth companies and funds. Comparable to Cobalt in serving alternative investment sponsors with managed broker-dealer services.
• National Securities Corporation: Broker-dealer providing retail and institutional brokerage, investment banking, and private placement services. Comparable to Cobalt in serving issuers with regulated capital-raising infrastructure.
• Newbridge Securities Corporation: A managing broker-dealer specializing in private placement offerings, capital raising, and alternative investment distribution. Directly comparable to Cobalt Capital in serving Sponsors requiring FINRA-regulated intermediation for private placements.
• Aegis Capital Corp. Broker-dealer offering investment banking, private placements, and capital markets services to small and mid-cap issuers. Comparable to Cobalt in providing FINRA-regulated placement services for alternative investment offerings.
• EF Hutton: Broker-dealer offering capital markets, private placement, and wealth services to corporate and institutional clients. Comparable to Cobalt in providing managing broker-dealer and placement agent services to issuers and sponsors.
• Alexander Capital Group: Broker-dealer focused on private placements, capital markets advisory, and alternative investment offerings. Comparable to Cobalt in serving issuers and sponsors seeking regulatory-compliant distribution infrastructure.
• S2K Financial: Managing broker-dealer providing private placement and capital raise services to issuers and sponsors. Directly comparable in business model and target customer base to Cobalt Capital's private placement platform.

Broad incumbents

• Oppenheimer & Co. Diversified broker-dealer and investment bank with capital markets, private placement, and wealth management capabilities. Overlaps with Cobalt in private placement intermediation but operates as a much larger, multi-line financial services franchise.
• Roth Capital Partners: Larger, established investment bank and broker-dealer offering private placements, research, and institutional sales. Comparable at the overlap of private placement intermediation, but operates at meaningfully greater scale and with a broader service portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/cobalt-capital-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Cobalt Capital