CRD #109064 · FINRA BrokerCheck + SEC IAPD

Franklin Distributors, LLC

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Franklin Distributors, LLC ranks #3,924 of 20,055 by disclosure count (most disclosures first). Among firms registered in CA, it ranks #66 of 279 on the same disclosure sort used on the state browse page. Franklin Distributors, LLC carries 1 BrokerCheck disclosure across 21 branch offices - light load for a mid-sized firm, earning a Grade B.

Verify on FINRA BrokerCheck → Browse all firms
Grade B
Safety grade
21
branch offices
1
disclosure
#3,924 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 109064 Franklin Distributors, LLC

Franklin Distributors, LLC · Grade B · 1 disc · 0.05/office · Mid-sized firm

  • CRD 109064
  • GRADE B
  • DISC 1
  • REG 1
  • ARB 0
  • CIV 0
  • BRANCH 21
  • PER-OFF 0.05
  • RANK #3,924 of 20,055
  • BOOK Mid-sized firm

Intensity peers

Nearest same-size peer: Investment Planners, Inc. (0.05 disc/office)

Investment Planners, Inc.0.05DAI Securities, LLC0.05Allspring Funds Distrib…0.04Franklin Distributo… (this)0.05
Disclosures per office among mid-sized firm peers (lower is cleaner)

Franklin Distributors, LLC ranks #3,924 of 20,055 by disclosure count among graded broker-dealers; light load at 0.05 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 4/5 - 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

21 offices

FINRA: Large firm

Total disclosures

1 event

On FINRA BrokerCheck

Regulatory events

1 action

100% of all disclosures

Disclosures per office

0.05 per office

1 ÷ 21 offices

Franklin Distributors, LLC vs. every disclosing firm

Disclosures per branch office, the size-normalized signal behind the grade (lower is cleaner)

0 Among the cleanest for its size a cleaner per-office record than 92% of 1,251 disclosing firms

0–0: 314 disclosing firms (25%). This entry sits in this band. 0–1: 159 disclosing firms (13%). Above this entry. 1–1: 301 disclosing firms (24%). Above this entry. 1–1: 40 disclosing firms (3%). Above this entry. 1–1: 140 disclosing firms (11%). Above this entry. 1–2: 32 disclosing firms (3%). Above this entry. 2–2: 65 disclosing firms (5%). Above this entry. 2–2: 9 disclosing firms (1%). Above this entry. 2–2: 72 disclosing firms (6%). Above this entry. 2–3: 14 disclosing firms (1%). Above this entry. 3–3: 24 disclosing firms (2%). Above this entry. 3–3: 6 disclosing firms (0%). Above this entry. 3–3: 32 disclosing firms (3%). Above this entry. 3–4: 5 disclosing firms (0%). Above this entry. 4–4: 10 disclosing firms (1%). Above this entry. 4–4: 3 disclosing firms (0%). Above this entry. 4–4: 9 disclosing firms (1%). Above this entry. 4–5: 3 disclosing firms (0%). Above this entry. 5–5: 11 disclosing firms (1%). Above this entry. 5–5: 2 disclosing firms (0%). Above this entry. This firm 0 5 every disclosing firm, by disclosures per office, bucketed by value

Each bar is a band; taller bars hold more disclosing firms. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FINRA BrokerCheck · SEC IAPD · 2026

Disclosure Breakdown

Disclosure Type Count
Regulatory Events 1
Arbitrations 0
Civil Events 0
Total 1

Counts for Franklin Distributors, LLC reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.

Disclosure category share

Regulatory 1 Arbitration 0 Civil 0

Firm Details

Firm Size
Large
Scope
ACTIVE
Location
San Mateo, CA
CRD Number
109064

Regulator-heavy mix

Franklin Distributors, LLC in the heavier-disclosure third

Franklin Distributors, LLC carries 1 BrokerCheck disclosure across 21 branch offices - a heavier-third raw book among graded firms (#3,924 of 20,055). Regulator-initiated events are 100% of the book (1 regulatory / 0 arbitration / 0 civil).

100% of Franklin Distributors, LLC's 1 disclosures are regulator-initiated (1 events). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

Educational summary of Franklin Distributors, LLC's disclosure book - not financial advice. Disclosures are reported events, not proven violations; consult a licensed advisor before decisions.

California cohort · 0.49× state average

Franklin Distributors, LLC tracks near the California disclosure average

Franklin Distributors, LLC reports 1 BrokerCheck disclosure, about 0.49× the California average of 2.1 across 279 graded firms.

In California, 189 firms carry Grade A and 0 carry Grade F on the same size-normalized scale.

Average uses graded firms with a principal-office state on file, not a full 50-state census. Open the California state book →

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does Franklin Distributors, LLC sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Franklin Distributors, LLC ranks #3,924 of 20,055 by disclosure count (most disclosures first). Among firms registered in CA, it ranks #66 of 279 on the same disclosure sort used on the state browse page. 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 B mean for Franklin Distributors, LLC?
A grade of B reflects Franklin Distributors, LLC's disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (mid-sized firm). It carries 1 total disclosure across 21 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Franklin Distributors, LLC have?
Franklin Distributors, LLC has 1 total FINRA disclosure, including 1 regulatory event. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Franklin Distributors, LLC?
Franklin Distributors, LLC operates 21 branch offices and is classified by FINRA as a large firm, registered in CA (Mid-sized 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 Franklin Distributors, LLC's disciplinary record?
You can verify Franklin Distributors, LLC's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 109064. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event on a broker-dealer's record, including regulatory actions, customer complaints, arbitration proceedings, and civil court events. Disclosures are part of the public record maintained by FINRA and do not necessarily indicate wrongdoing or proven violations.
Should I avoid Franklin Distributors, LLC 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. Franklin Distributors, LLC carries 1 disclosure across 21 branch offices (about 0.05 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.

Nationwide peers by disclosures or branches

Two PlainAdvisorCheck-derived peer sets for Franklin Distributors, LLC, both outside CA so the neighborhoods are not state containment (the same-size intensity list below stays size-tier local).

Read with this firm

  • Investment Planners, Inc. (IL) - 0.05 disclosures/office, nearest mid-sized firm peer to Franklin Distributors, LLC's 0.05
  • DAI Securities, LLC (GA) - 0.05 disclosures/office, nearest mid-sized firm peer to Franklin Distributors, LLC's 0.05
  • Allspring Funds Distributor, LLC (NC) - 0.04 disclosures/office, nearest mid-sized firm peer to Franklin Distributors, LLC's 0.05
  • Firms in CA - state roster that includes Franklin Distributors, LLC's registration home.
  • How to Vet a Financial Advisor - Due diligence checklist when reviewing a Grade B firm like Franklin Distributors, LLC.
  • Reading BrokerCheck Reports - How Franklin Distributors, LLC's 0.05 disclosures-per-office figure is derived.
  • Most Disclosures - Raw disclosure-volume leaders for context next to Franklin Distributors, LLC.
  • Compare firms - put Franklin Distributors, LLC next to peers on grade and footprint.

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.