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Financial Advisory  + Broker/Dealers  + RIAs & Financial Advisors  |  January 29, 2025
Fifth Wall Expands into Broker-Dealer Business
Joe Palmisano
By: Joe Palmisano

Fifth Wall Expands into Broker-Dealer Business

Fifth Wall announced the launch of Fifth Wall Securities, a registered broker-dealer that will focus on advisory services from mergers & acquisitions to capital raising, including private placements, PropCo financing and capital markets.

“From day one, Fifth Wall has been more than just a monoline VC fund and our growing advisory business has allowed us to attract, retain, and reward exceptional investment talent,” said Brendan Wallace, Fifth Wall CEO and CIO.

The firm has more than 150 portfolio companies through engagements with its over 110 strategic LPs. Since the firm’s inception in Los Angeles in 2016 and now headquartered in NY, it has helped to raise over $670 million across its portfolio and formed 36 SPVs for its portfolio companies.

Jeremy Fox will serve as CEO of Fifth Wall Securities in addition to his role as co-president of Fifth Wall.

Most recently, Fifth Wall Securities served as an advisor to Industrious, a Fifth Wall portfolio company, in its sale to CBRE announced on January 14.

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Fifth Wall Securities

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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