Branch offices
0 offices
FINRA: Small firm
CRD #25866 · FINRA BrokerCheck + SEC IAPD
Penson Financial Services, Inc.
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Penson Financial Services, Inc. ranks #167 of 20,055 by disclosure count (most disclosures first). Penson Financial Services, Inc. carries 33 BrokerCheck disclosures across 0 branch offices - heavy load for a single-office firm, earning a Grade F.
- Grade F
- Safety grade
- 0
- branch offices
- 33
- disclosures
- #167 of 20,055
- disclosure rank · graded
FINRA BrokerCheck disclosure docket
CRD record 25866 Penson Financial Services, Inc.
Penson Financial Services, Inc. · Grade F · 33 disc · 33.00/office · Single-office firm
- CRD 25866
- GRADE F
- DISC 33
- REG 23
- ARB 10
- CIV 0
- BRANCH 0
- PER-OFF n/a
- RANK #167 of 20,055
- BOOK Single-office firm
Intensity peers
Nearest same-size peer: Bluestone Capital Corp. (33.00 disc/office)
Penson Financial Services, Inc. ranks #167 of 20,055 by disclosure count among graded broker-dealers; heavy load at 33.00 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
Total disclosures
33 events
On FINRA BrokerCheck
Regulatory events
23 actions
70% of all disclosures
Disclosures per office
- per office
footprint not reported
Disclosure Breakdown
| Disclosure Type | Count |
|---|---|
| Regulatory Events | 23 |
| Arbitrations | 10 |
| Civil Events | 0 |
| Total | 33 |
Counts for Penson Financial Services, Inc. reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.
Disclosure category share
Regulatory 23 Arbitration 10 Civil 0
Firm Details
- Firm Size
- Small
- Scope
- INACTIVE
- CRD Number
- 25866
Heavy disclosure book
Penson Financial Services, Inc. in the heavier-disclosure third
Penson Financial Services, Inc. carries 33 BrokerCheck disclosures across 0 branch offices - a heavier-third raw book among graded firms (#167 of 20,055). Regulator-initiated events are 70% of the book (23 regulatory / 10 arbitration / 0 civil).
Penson Financial Services, Inc. ranks #167 of 20,055 by BrokerCheck disclosure count among graded firms (33 events). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.
Educational summary of Penson Financial Services, Inc.'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 Penson Financial Services, Inc. sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Penson Financial Services, Inc. ranks #167 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 Penson Financial Services, Inc.?
A grade of F reflects Penson Financial Services, Inc.'s disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (single-office firm). It carries 33 total disclosures across 0 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Penson Financial Services, Inc. have?
Penson Financial Services, Inc. has 33 total FINRA disclosures, including 23 regulatory events, 10 arbitrations. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Penson Financial Services, Inc.?
Penson Financial Services, Inc. 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 Penson Financial Services, Inc.'s disciplinary record?
You can verify Penson Financial Services, Inc.'s full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 25866. 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). Penson Financial Services, Inc.'s 33 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid Penson Financial Services, Inc. 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. Penson Financial Services, Inc. carries 33 disclosures across 0 branch offices (about 33.00 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.
Read with this firm
- Bluestone Capital Corp. - 33.00 disclosures/office, nearest single-office firm peer to Penson Financial Services, Inc.'s 33.00
- GKN Securities Corp. - 33.00 disclosures/office, nearest single-office firm peer to Penson Financial Services, Inc.'s 33.00
- Investors Capital Corp. - 33.00 disclosures/office, nearest single-office firm peer to Penson Financial Services, Inc.'s 33.00
- Red Flags in Advisor Records - How to read Penson Financial Services, Inc.'s heavy load disclosure profile without over-reading raw counts.
- Reading BrokerCheck Reports - Parse the 33 disclosures behind Penson Financial Services, Inc.'s Grade F.
- Highest-Risk Firms - Grade D/F firms on the same size-normalized scale as Penson Financial Services, Inc..
- Compare firms - put Penson Financial Services, Inc. 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.
Every figure on PlainAdvisorCheck is rendered directly from FINRA BrokerCheck and SEC IAPD disciplinary records, no number is typed in by an editor. This page draws directly on FINRA BrokerCheck and SEC IAPD data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of July 2026.