FINRA-Registered Broker Dealer Reviews
The Financial Industry Regulatory Authority (FINRA) is the self-regulator who oversees financial advisors and broker dealers. Below you will find detailed information on FINRA-registered broker dealers including a review of their regulatory history.
FINRA operates the largest securities dispute resolution forum in the United States, called FINRA Dispute Resolution. Brokerage firms registered with FINRA agree to participate in this process to resolve disputes between investors and firms or their registered representatives. Most brokerage firms also have mandatory arbitration clauses in their account agreements that require investors to file their disputes through FINRA.
The self-regulator also provides a simple tool to check your broker or brokerage firm. The FINRA BrokerCheck tool is a free online tool that allows investors to research and verify the background and credentials of financial brokers, brokerage firms, and investment advisors registered with FINRA.
FINRA BrokerCheck provides investors with detailed information about the professional history, qualifications, and regulatory actions of brokers and brokerage firms. Investors can use the tool to verify whether a broker or brokerage firm is registered with FINRA, as well as to review their employment history, licensing status, and any regulatory actions or complaints filed against them.
Class Action vs. Individual FINRA Arbitration Lawsuit
Do you wonder whether a large class action lawsuit is a better litigation option than an individual FINRA arbitration case? The answer depends on many factors, but typically if the loss sustained is large (say larger than $100,000), an individual arbitration claim is likely a better option. Class actions as a recovery option are more appropriate for grouping large numbers of individuals who have small claims – too small to generally pursue individually.
The White Law Group represents investors in FINRA claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases across the country and recovered over $30,000,000 on behalf of investors.
Links to Broker Dealer Regulatory History Reviews
The following links provide detailed information about FINRA-registered broker dealers including a review of regulatory actions, customer complaints and broker misconduct.
Aegis Capital Corp.
American Portfolios Financial Services
Ausdal Financial Partners Inc.
Cambridge Investment Research, LLC
Center Street Securities, Inc.
Cetera Advisors, LLC and Cetera Advisor Networks, LLC
Concourse Financial Group (Proequities Inc.)
Commonwealth Financial Network, Inc.
Equitable Advisors, Inc. (AXA Advisors)
FSC Securities Corp.
First Allied Securities, Inc.
Geneos Wealth Management, Inc.
Grove Point Investments, LLC (H. Beck)
Independent Financial Group LLC
Infinex Investments
Joseph Stone Capital
Kestra Investment Services, LLC
Lincoln Financial Advisors Corporation
Madison Avenue Securities, LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
National Securities Corporation
Northwestern Mutual Investment Services
Osaic Wealth
Ladenburg Thalmann and Co.
Oppenheimer
Park Avenue Securities LLC
Prospera Financial Services Inc.
Raymond James & Associates, Inc.
Royal Alliance Associates, Inc.
SA Stone Wealth Management, LLC (Sterne Agee Financial)
SagePoint Financial Inc.
Securian Financial Services, LLC
Securities America, Inc.
Stifel Nicolaus & Co.
Summit Brokerage Services
The Investment Center Inc.
Thrivent Investment Management
Westpark Capital, Inc.
Western International Securities, Inc.
Woodbury Financial Services, Inc.
Last modified: July 10, 2024
