Placement Agent Broker Dealer Sponsorship

Placement Agent Broker-Dealer Sponsorship for Capital Raising Professionals

FNEX Placement Agent Sponsorship gives independent placement agents, fund wholesalers, and third-party marketing groups a FINRA-member broker-dealer to raise capital through. Operating under FNEX Capital, LLC, you receive FINRA registration and Series 82, 7, and 63 sponsorship, private placement supervision, and compliance oversight, without the cost of building your own broker-dealer.

FNEX Placement Agent Sponsorship is part of FNEX Compliance-as-a-Service, the FNEX platform for broker-dealer affiliation, FINRA sponsorship, and compliance infrastructure.

$26B+

Transactions Completed

160+

Financial Professionals

States Coverage

FINRA

Member Broker-Dealer

Who We Help

Who Needs Placement Agent Sponsorship

FNEX sponsors capital raising professionals who earn transaction-based compensation for placing private securities, including:

Independent Placement Agents

Raising capital for private funds and companies under Regulation D and other private placement exemptions.

Fund Wholesalers & Third-Party Marketers

Distributing private fund interests to RIAs, family offices, and institutional investors.

Investment Bankers Raising Private Capital

Placing debt and equity for private companies without establishing their own broker-dealer.

Fund Sponsors & Asset Managers

Seeking scalable distribution infrastructure. See asset manager solutions.

Plus foreign fund distributors and asset managers seeking SEC Rule 15a-6 chaperoning to access U.S. institutional investors.

Why FNEX

Why Placement Agents Choose FNEX

A FINRA-registered broker-dealer affiliation built around the private placement workflow, from licensing to closing.

Competitive Payouts

Customized payout structures on placement fees, with a cost-efficient model that helps you retain more of your revenue.

Proprietary Tech-Enabled Solutions

AI-powered, tech-driven back-office solutions with tools for offering review, reporting, analytics, and communication.

Fast-Track Operational Setup

Fast-track broker dealer operational setup gets your team live in days on FNEX DataBank.

Private Placement Compliance

Offering due diligence, marketing material review, investor accreditation and AML/KYC, and FINRA Rule 5123 filings, with registration across the SEC, FINRA, and 50 States and Territories.

Access to a Powerful Network

Leverage FNEX’s network of 160+ financial professionals and industry relationships to expand distribution, while maintaining full control of your investor relationships, pipeline, and execution.

Licensing

Which FINRA Licenses Do Placement Agents Need?

Placement agents typically register as representatives of a FINRA-member broker-dealer and hold the license that matches their activity. FNEX sponsors qualified professionals actively doing business on its platform.

Private Placements

Series 82

The Private Securities Offerings Representative license, the most common choice for placement agents who sell only private placements such as Regulation D offerings. Requires the SIE exam.

Series 82 guide →

Broader Activity

Series 7

The General Securities Representative license, covering a broad range of securities for agents whose business extends beyond private placements. Requires the SIE exam.

Series 7 guide →

State Registration

Series 63

The Uniform Securities Agent State Law exam, required by most states for agents who solicit investors in those states.

SIE and sponsorship guide →

FNEX does not provide interim or temporary sponsorship for the purpose of taking FINRA exams.

How It Works

How a Private Placement Runs Through FNEX

FNEX supervises each offering from registration to closing.

Register & License

FNEX files your Form U4 and sponsors your Series 82, 7, or 63 registration.

Offering Due Diligence

FNEX reviews the issuer and offering documents before the offering is marketed.

Compliant Marketing

Marketing materials and communications are reviewed, and investors complete accreditation and AML/KYC.

Close & Get Paid

FNEX handles required FINRA filings, and placement fees are processed through FNEX under your payout agreement.

White-Label Solution

Placement Agent Sponsorship vs. Building Your Own Broker-Dealer

Raise capital under your own brand on a white-label broker-dealer platform while leveraging FNEX’s FINRA registration, supervisory infrastructure, and compliance systems.

Build Your Own Broker-Dealer

Months to become operational
Significant infrastructure and buildout costs
Hire and manage compliance staff
Complex regulatory filings and approvals
Ongoing maintenance and overhead

Partner with FNEX

Fast-track operational setup in days
Leverage an existing FINRA platform
Private placement compliance and supervision included
Series 7, 63, 79, and 82 sponsorship and affiliation
White-label solution: your brand, our backing

Raise Capital with FNEX Placement Agent Sponsorship

Talk with our team about licensing, private placement supervision, and payout structures for your placement business.

Schedule a Consultation

FNEX Compliance-as-a-Service

Placement Agent Sponsorship FAQs

Placement agent broker-dealer sponsorship means a placement agent registers as a representative of an existing FINRA-member broker-dealer, which supervises their private placement activity and handles registration and compliance. FNEX Placement Agent Sponsorship provides this through FNEX Capital, LLC, so placement agents can raise capital without forming their own broker-dealer.

Generally, yes. Placement agents who solicit investors and receive transaction-based compensation, such as success fees on capital raised, are typically required to register with a FINRA-member broker-dealer. Acting as an unregistered broker can expose agents and issuers to regulatory action and investor rescission rights.

Most placement agents hold the Series 82 for private placements or the Series 7 for broader securities activity, along with the SIE exam. Most states also require the Series 63. FNEX sponsors Series 7, 63, 79, and 82 registration for qualified professionals actively doing business on its platform. See our placement agent licensing guide.

The Series 82 qualifies representatives to sell private placements only, such as Regulation D offerings, which makes it the focused option for many placement agents. The Series 7 covers a much broader range of securities and is suited to agents whose business extends beyond private placements.

Yes. FNEX sponsors fund wholesalers and third-party marketing groups that distribute private fund interests to RIAs, family offices, and institutional investors, with supervision and compliance oversight of their placement activity.

Rule 506(b) prohibits general solicitation and allows up to 35 sophisticated non-accredited investors alongside accredited investors. Rule 506(c) permits general solicitation, but all purchasers must be accredited and the issuer must take reasonable steps to verify their status. Under both, the issuer files Form D within 15 days of the first sale.

FNEX conducts due diligence on the issuer and offering documents, reviews marketing materials and communications, and oversees investor accreditation and AML/KYC processes before and during the offering.

FINRA Rule 5123 requires member firms that sell certain private placements to file the offering documents with FINRA within 15 calendar days of the date of first sale, subject to exemptions. As the broker-dealer of record, FNEX handles these filings for offerings placed through its platform.

Placement agents soliciting government entities on behalf of investment advisers are subject to pay-to-play rules, including SEC Rule 206(4)-5 and FINRA Rule 2030. These rules generally require the placement agent to be a registered broker-dealer subject to FINRA’s pay-to-play rule, which affiliation with FNEX provides.

Placement fees on offerings are paid to FNEX as the broker-dealer of record and then paid to the placement agent under a customized payout agreement, as required for transaction-based compensation on securities sales.

Yes. Through the FNEX white-label broker-dealer platform, placement agents can market under their own brand, with required disclosures identifying FNEX Capital, LLC as the broker-dealer of record.

FNEX can help placement agents become operational in days, depending on existing registrations and how quickly onboarding documentation is completed.

No. FNEX Capital does not provide interim or temporary sponsorship for the purpose of taking FINRA exams. Sponsorship is available to qualified professionals actively doing business on the FNEX platform.

Yes. Foreign fund distributors and asset managers can access U.S. institutional investors through FNEX Chaperone Services under SEC Rule 15a-6, without registering as a U.S. broker-dealer.

***Disclaimer: FNEX Capital does not provide interim or temporary sponsorship for the purpose of taking FINRA exams. Sponsorship is extended only to professionals and teams actively engaged in business under our broker-dealer platform.

Placement Agent Broker Dealer Sponsorship

Placement Agent Broker-Dealer Sponsorship for Capital Raising Professionals