CRD #35682 · FINRA BrokerCheck + SEC IAPD

MGI Funds Distributors, LLC

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, MGI Funds Distributors, LLC ranks #14,168 of 20,055 by disclosure count (most disclosures first). Among firms registered in ME, it ranks #14 of 21 on the same disclosure sort used on the state browse page. MGI Funds Distributors, LLC has a clean FINRA BrokerCheck record, no reportable disclosures across its 47 branch offices, earning a Grade A.

Verify on FINRA BrokerCheck → Browse all firms
Grade A
Safety grade
47
branch offices
0
disclosures
#14,168 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 35682 MGI Funds Distributors, LLC

MGI Funds Distributors, LLC · Grade A · 0 disc · 0.00/office · Mid-sized firm

  • CRD 35682
  • GRADE A
  • DISC 0
  • REG 0
  • ARB 0
  • CIV 0
  • BRANCH 47
  • PER-OFF 0.00
  • RANK #14,168 of 20,055
  • BOOK Mid-sized firm

Intensity peers

Nearest same-size peer: ABD Retirement Services, Inc. (0.00 disc/office)

ABD Retirement Services…0.00Advanced Advisor Group,…0.00Aurora Securities0.00MGI Funds Distribut… (this)0.00
Disclosures per office among mid-sized firm peers (lower is cleaner)

MGI Funds Distributors, LLC ranks #14,168 of 20,055 by disclosure count among graded broker-dealers; clean record at 0.00 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 5/5 - 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

47 offices

FINRA: Small firm

Total disclosures

0 events

On FINRA BrokerCheck

Regulatory events

0 actions

On FINRA BrokerCheck

Disclosures per office

0.00 per office

0 ÷ 47 offices

Clean disclosure surface

MGI Funds Distributors, LLC has zero reportable FINRA BrokerCheck disclosures in this extract across 47 branch offices (Grade A). Verify on FINRA BrokerCheck ↗

Firm Details

Firm Size
Small
Scope
ACTIVE
Location
Portland, ME
CRD Number
35682

Clean BrokerCheck surface

MGI Funds Distributors, LLC's clean BrokerCheck surface

MGI Funds Distributors, LLC shows a clean FINRA BrokerCheck surface: zero reportable disclosures on 47 branch offices (Grade A).

MGI Funds Distributors, LLC shows zero reportable disclosures across 47 branch offices in this extract. Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

Educational summary of MGI Funds Distributors, LLC's clean BrokerCheck surface - not financial advice. Always verify on FINRA before engaging an advisor.

Maine cohort · 0.00× state average

MGI Funds Distributors, LLC sits below the Maine disclosure average

MGI Funds Distributors, LLC reports 0 BrokerCheck disclosures, 0.00× the Maine average of 0.4, lighter than most of the 21 graded firms filed there.

In Maine, 16 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 Maine state book →

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does MGI Funds Distributors, LLC sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, MGI Funds Distributors, LLC ranks #14,168 of 20,055 by disclosure count (most disclosures first). Among firms registered in ME, it ranks #14 of 21 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 A mean for MGI Funds Distributors, LLC?
A grade of A means MGI Funds Distributors, LLC has a clean record, no reportable FINRA BrokerCheck disclosures on file. Grades on PlainAdvisorCheck are size-normalized: clean firms earn an A regardless of size.
How many FINRA disclosures does MGI Funds Distributors, LLC have?
MGI Funds Distributors, LLC has 0 total FINRA disclosures. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is MGI Funds Distributors, LLC?
MGI Funds Distributors, LLC operates 47 branch offices and is classified by FINRA as a small firm, registered in ME (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 MGI Funds Distributors, LLC's disciplinary record?
You can verify MGI Funds Distributors, LLC's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 35682. 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 BrokerCheck record. MGI Funds Distributors, LLC currently shows none - that is a clean surface, not a guarantee that future events will not appear.

Nationwide peers by disclosures or branches

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

Read with this firm

  • ABD Retirement Services, Inc. - 0.00 disclosures/office, nearest mid-sized firm peer to MGI Funds Distributors, LLC's 0.00
  • Advanced Advisor Group, LLC (MN) - 0.00 disclosures/office, nearest mid-sized firm peer to MGI Funds Distributors, LLC's 0.00
  • Aurora Securities (MI) - 0.00 disclosures/office, nearest mid-sized firm peer to MGI Funds Distributors, LLC's 0.00
  • Firms in ME - state roster that includes MGI Funds Distributors, LLC's registration home.
  • How to Vet a Financial Advisor - Use MGI Funds Distributors, LLC's clean BrokerCheck surface as the baseline when you compare other firms.
  • Reading BrokerCheck Reports - What a Grade A page like MGI Funds Distributors, LLC's does and does not prove.
  • Clean-Record Firms - Other Grade-A firms ranked by footprint alongside MGI Funds Distributors, LLC.
  • Compare firms - put MGI Funds Distributors, LLC next to peers on grade and footprint.

Read our methodology - clean-record firms: what a Grade A surface does and does not prove.

Retrieved and formatted by PlainAdvisorCheck from FINRA BrokerCheck public records.