Possible to own a brokerage without a brokers license?

[Chris Adamski]

I currently have my agent license in AZ simply for the luxury of not needing to rely on an agent for showings, writing offers, MLS access, etc. I am in no way a traditional realtor and currently have a day job that I don't intend to quit any time soon. My employer does not allow me to maintain my real estate license if it requires me to be affiliated with a third party - but would allow me to maintain it if I owned my own brokerage. I have not had my license for the required two years needed to get a brokers license (nor the necessary number of transactions) and therefore NEED to be associated with a third party brokerage - with that said, is it possible to be part owner of a brokerage without having your brokers license? I understand the brokerage would need a designated broker, but would I be able to be part owner with only a salesperson's license for now?