What Sidoti & Company, LLC does

Sidoti & Company, LLC is an independent, FINRA-registered broker-dealer founded in 1999 by Peter Sidoti and headquartered in New York. The firm specializes in equity research coverage and corporate-access services for the small- and micro-cap universe, serving two complementary customer groups: (1) public issuers with market capitalizations up to approximately $5 billion that need analyst coverage and investor visibility, and (2) institutional investors managing $200 million to $2 billion in assets who allocate to small-cap equities.

The firm's core product set comprises two distinct research franchises — Traditional Equity Research, which provides BUY/NEUTRAL ratings on a subset of the ~130-name coverage universe distributed to institutional clients, and Company Sponsored Research (CSR), an issuer-commissioned model launched in 2016 that now accounts for over 80% of coverage and replaces investment ratings with Moderate/High risk ratings distributed broadly to all investor classes. Research output is supported by a recurring virtual conference franchise (quarterly Small-Cap and Micro-Cap conferences plus an annual Year-End conference) and complemented by syndicate services for debt and equity financings, non-deal roadshows, and an institutional sales team.

Sidoti generates revenue through four streams: recurring subscription-like fees for CSR and traditional research, transaction fees from co-managed financings (nearly $2 billion in equity and $4.7 million in debt since 2021), professional-services fees for conference presentations, and institutional sales commissions. Distribution is anchored by approximately 2,500 institutional relationships across North America, with a March 2025 partnership with Stocktwits extending reach toward retail investors. The firm operates a subsidiary, Sidoti Events, LLC, housing the conference franchise, and has no external private equity or institutional ownership.

Name

Sidoti & Company, LLC

Legal name

Sidoti & Company, LLC

Website

https://sidoti.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Sidoti & Company is an independent FINRA-registered broker-dealer providing equity research coverage and virtual investor conferences for small- and micro-cap issuers and the institutional investors who allocate to them, anchored by a ~130-name coverage universe and ~2,500 institutional relationships.

Ownership category

akta.pro rank

Product category

Equity Research & Institutional Brokerage Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

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

akta.pro primary industry

Independent Broker-Dealer / Registered Representative Networks (FSAEACAG)

Keywords

• Equity research services
• Small-cap research
• Investor conferences
• Company sponsored research
• Capital markets syndicate

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Securities Research (Traditional): Traditional equity research coverage on approximately 130 small- and micro-cap stocks distributed to institutional clients, with investment ratings (BUY/NEUTRAL), price targets, and earnings estimates.
2. Company Sponsored Research (CSR): Issuer-commissioned research program where companies pay Sidoti to provide coverage. CSR accounts for over 80% of coverage universe. Research includes earnings estimates and price targets distributed to all investor classes, replacing investment ratings with risk ratings (Moderate/High).
3. Syndicate Services: Co-management of debt and equity financings for covered companies. Since 2021, Sidoti participated in offerings involving nearly $4.7 million in debt and almost $2 billion in equity.
4. Conference Services: Virtual investor conferences providing corporate access between small-cap issuers and investors. Companies pay to present at conferences and access approximately 2,500 institutional relationships.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Sidoti & Company, LLC is a registered broker-dealer that provides independent equity research coverage on approximately 130 small- and micro-cap companies, distributed to about 2,500 institutional investor relationships. The firm offers two research products—Traditional Equity Research with BUY/NEUTRAL ratings and Company Sponsored Research (CSR) with Moderate/High risk ratings—and operates a calendar of virtual investor conferences that connect small-cap issuers with institutional investors, supplemented by debt and equity syndicate services.

Product overview

Sidoti & Company is a securities research and investor conference firm operating as a single unified platform. The core offering consists of equity research coverage across approximately 130 small- and micro-cap stocks delivered through two distinct research products: Traditional Equity Research with BUY/NEUTRAL ratings for institutional clients, and Company Sponsored Research (CSR) with Moderate/High risk ratings offering broader public distribution. The research distribution is amplified through a portfolio of virtual investor conferences (Small-Cap Virtual Conference, Micro-Cap Virtual Conference, and Year-End Virtual Investor Conference) that provide corporate access between issuers and investors. Supporting services include syndicate participation in debt and equity financings, non-deal roadshows, and institutional sales outreach. The Company Sponsored Research program now represents over 80% of their coverage universe.

Differentiator

Problem solved

Functional benefit

Products and services

• Traditional Equity Research
• Company Sponsored Research (CSR)
• Sidoti Small-Cap Virtual Conference
• Sidoti Micro-Cap Virtual Conference
• Year-End Virtual Investor Conference
• Syndicate Services
• Non-Deal Roadshows
• Institutional Sales

Named customers10 records

Segments3 records

Ideal customer profiles2 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.

• StocktwitsstrategicGTM or Marketing Partner · 5 March 2025Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, announced a strategic partnership with Stocktwits, the world's leading social network for investors and traders. The collaboration aims to enhance Sidoti Events' extensive conference outreach and marketing services, particularly to engage retail investors in addition to institutional participants.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• The Benchmark Company: Privately held investment bank providing equity research, institutional sales, corporate access, and capital markets services to small- and mid-cap issuers. Directly comparable service bundle and target customer.
• WallachBeth Capital: Independent investment bank and institutional broker focused on small- and mid-cap equity research, trading, and capital markets. Comparable coverage universe, institutional distribution, and conference-driven GTM motion.
• D. Boral Capital: Boutique investment bank focused on small- and micro-cap equity research, capital raising, and advisory. Similar franchise to Sidoti in scope and target issuer segment.
• Roth Capital Partners: Private investment bank focused on small- and micro-cap equities with research, corporate access conferences, and capital markets services. Closely comparable to Sidoti in target issuer size, institutional client base, and product mix.
• Maxim Group: Private full-service investment bank specializing in small- and mid-cap equities, with research, equity capital markets, and institutional sales. Directly comparable in product set, customer base, and target issuer size to Sidoti.
• Aegis Capital: Full-service broker-dealer providing equity research, institutional sales, and investment banking for small- and mid-cap companies. Closely comparable in coverage scope, distribution model, and product mix.
• Lake Street Capital Markets: Research-driven investment bank focused on small- and mid-cap growth companies, with institutional sales, trading, and capital markets. Comparable target issuers, institutional research distribution, and conference model.

Broad incumbents

• B. Riley Financial: Diversified financial services firm with capital markets, research, and wealth management businesses serving small- and mid-cap issuers. Broader scale and product breadth than Sidoti but overlapping in research distribution and small-cap capital markets.

Emerging players

• ThinkEquity (a division of Aegis Capital): Equity research and investment banking platform covering small- and mid-cap growth companies, with comparable virtual conference and institutional sales offerings. Slightly smaller and more focused but overlapping product.
• EF Hutton (Western International Securities affiliate): Full-service broker-dealer providing research, investment banking, and institutional sales focused on small- and mid-cap issuers. Comparable product mix and customer segments to Sidoti, though smaller scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

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 Sidoti & Company, LLC