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Webull
Webull Corp is an SEC-registered investment adviser in St Petersburg, FL, registered since 2019. It manages approximately $49 million in regulatory assets.
Webull
Webull Corp is an SEC-registered investment adviser in St Petersburg, FL, registered since 2019. It manages approximately $49 million in regulatory assets. The firm has 16 employees and 3 investment advisers.
General information
Firm type
Asset Manager
Year founded
2017
Location
Region
North America
Country
United States
City
St Petersburg
Corporate office
New York, NY, United States
Principals
Anthony Denier
US CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Webull?
Webull is a retail brokerage platform, not an asset manager making discretionary investment decisions. Product, technology, and market strategy are led by US CEO Anthony Denier, who joined in 2019 and oversaw the firm's American expansion. Strategic priorities are set in coordination with the parent company, Fumi Technology.
How does Webull make money?
Webull generates revenue through payment for order flow, margin interest on borrowed securities, and securities lending income. The firm does not charge commissions on equity, ETF, or option trades, and has no account minimums. This model aligns with other major zero-commission brokerages operating under Regulation NMS in the United States.
What investment products are available on Webull?
The platform supports trading in US-listed equities, ETFs, options, and ADRs. Cryptocurrency trading is offered through a separate legal entity and is not custodied alongside securities positions. Webull does not currently offer mutual funds, bonds, or managed portfolios.
Is Webull structured as a family office or does it operate more like a venture firm?
Neither. Webull is a technology-first retail brokerage that provides a trading platform to individual investors. It is a subsidiary of Fumi Technology, a Chinese fintech company, and is not structured as an investment partnership, family office, or venture capital firm.
What is Webull's known posture on co-investments alongside external GPs?
Webull is a brokerage platform, not a fund or principal investor deploying capital alongside general partners. The firm does not operate as a limited partner in private funds or participate in co-investment structures as part of its core business.
Where does the underlying wealth come from?
Webull is a venture-capital-backed corporation. Its founding and early-stage funding trace to Fumi Technology and investors including Xiaomi, rather than a single-family fortune or personal wealth pool.
Does Webull maintain philanthropic structures, and how are they separated?
There is no publicly disclosed philanthropic foundation or donor-advised fund directly tied to Webull. The firm's social impact activities, if any, have not been formally separated into an independent charitable vehicle.
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