CRD #40771 · FINRA BrokerCheck + SEC IAPD

Baxter Banks & Smith, Ltd.

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Baxter Banks & Smith, Ltd. ranks #173 of 20,055 by disclosure count (most disclosures first). Baxter Banks & Smith, Ltd. carries 32 BrokerCheck disclosures across 0 branch offices - heavy load for a single-office firm, earning a Grade F.

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Grade F
Safety grade
0
branch offices
32
disclosures
#173 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 40771 Baxter Banks & Smith, Ltd.

Baxter Banks & Smith, Ltd. · Grade F · 32 disc · 32.00/office · Single-office firm

  • CRD 40771
  • GRADE F
  • DISC 32
  • REG 15
  • ARB 17
  • CIV 0
  • BRANCH 0
  • PER-OFF n/a
  • RANK #173 of 20,055
  • BOOK Single-office firm

Intensity peers

Nearest same-size peer: Global Execution Brokers, LP (32.00 disc/office)

Global Execution Broker…32.00Sutro & Co. Incorporated32.00Bluestone Capital Corp.33.00Baxter Banks & Smit… (this)32.00
Disclosures per office among single-office firm peers (lower is cleaner)

Baxter Banks & Smith, Ltd. ranks #173 of 20,055 by disclosure count among graded broker-dealers; heavy load at 32.00 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 1/5 - an editorial, size-normalized signal, not a regulatory determination. Always verify the underlying record on FINRA BrokerCheck before engaging an advisor.

Data updated July 2026

Branch offices

0 offices

FINRA: Small firm

Total disclosures

32 events

On FINRA BrokerCheck

Regulatory events

15 actions

47% of all disclosures

Disclosures per office

- per office

footprint not reported

Disclosure Breakdown

Disclosure Type Count
Regulatory Events 15
Arbitrations 17
Civil Events 0
Total 32

Counts for Baxter Banks & Smith, Ltd. reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.

Disclosure category share

Regulatory 15 Arbitration 17 Civil 0

Firm Details

Firm Size
Small
Scope
INACTIVE
Formed
03/19/1997
State of Formation
Delaware
CRD Number
40771
SEC Number
49185

Heavy disclosure book

Baxter Banks & Smith, Ltd. in the heavier-disclosure third

Baxter Banks & Smith, Ltd. carries 32 BrokerCheck disclosures across 0 branch offices - a heavier-third raw book among graded firms (#173 of 20,055). Mix is 15 regulatory, 17 arbitration, and 0 civil (47% regulator share).

Baxter Banks & Smith, Ltd. ranks #173 of 20,055 by BrokerCheck disclosure count among graded firms (32 events). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

Educational summary of Baxter Banks & Smith, Ltd.'s disclosure book - not financial advice. Disclosures are reported events, not proven violations; consult a licensed advisor before decisions.

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does Baxter Banks & Smith, Ltd. sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Baxter Banks & Smith, Ltd. ranks #173 of 20,055 by disclosure count (most disclosures first). Ordinals match the disclosure-first sort documented on our methodology corpus-placement section. A high disclosure rank is not automatically a finding of wrongdoing; larger firms accumulate more reported events. Always review the underlying FINRA BrokerCheck detail before engaging.
What does a grade of F mean for Baxter Banks & Smith, Ltd.?
A grade of F reflects Baxter Banks & Smith, Ltd.'s disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (single-office firm). It carries 32 total disclosures across 0 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Baxter Banks & Smith, Ltd. have?
Baxter Banks & Smith, Ltd. has 32 total FINRA disclosures, including 15 regulatory events, 17 arbitrations. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Baxter Banks & Smith, Ltd.?
Baxter Banks & Smith, Ltd. operates 0 branch offices and is classified by FINRA as a small firm (Single-office firm). FINRA BrokerCheck publishes branch-office counts but not a firmwide registered-representative headcount, so PlainAdvisorCheck measures firm size by branch footprint.
Where can I verify Baxter Banks & Smith, Ltd.'s disciplinary record?
You can verify Baxter Banks & Smith, Ltd.'s full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 40771. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event (regulatory, arbitration, or civil). Baxter Banks & Smith, Ltd.'s 32 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid Baxter Banks & Smith, Ltd. because of its disclosures?
Not necessarily. Larger firms accumulate more disclosures simply because they operate more offices, so PlainAdvisorCheck grades each firm against same-size peers rather than on raw counts. Baxter Banks & Smith, Ltd. carries 32 disclosures across 0 branch offices (about 32.00 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.

Read with this firm

Read our methodology - heavier-disclosure firms: how raw counts and per-office intensity are graded.

Retrieved and formatted by PlainAdvisorCheck from FINRA BrokerCheck public records.