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                                                                   EXHIBIT 23.03
 
                             CONSENT OF INDEPENDENT

                          CERTIFIED PUBLIC ACCOUNTANTS
 

We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated January 14, 1998, except for Note 14, as to which the
date is February 7, 1998, with respect to the financial statements of Cauff
Lippman Aviation, Inc. and Certain Affiliates included in Amendment No. 3 to the
Registration Statement (Form S-1 No. 333-46603) and related Prospectus of
UniCapital Corporation for the registration of its common stock.



                                                               ERNST & YOUNG LLP
 


Miami, Florida

May 26, 1998