CRD #3496 · FINRA BrokerCheck + SEC IAPD

Stephens

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Stephens ranks #92 of 20,055 by disclosure count (most disclosures first). Among firms registered in AR, it ranks #1 of 7 on the same disclosure sort used on the state browse page. Stephens carries 53 BrokerCheck disclosures across 65 branch offices - moderate load for a mid-sized firm, earning a Grade C.

Verify on FINRA BrokerCheck → Browse all firms
Grade C
Safety grade
65
branch offices
53
disclosures
#92 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 3496 Stephens

Stephens · Grade C · 53 disc · 0.82/office · Mid-sized firm

  • CRD 3496
  • GRADE C
  • DISC 53
  • REG 47
  • ARB 3
  • CIV 3
  • BRANCH 65
  • PER-OFF 0.82
  • RANK #92 of 20,055
  • BOOK Mid-sized firm

Intensity peers

Nearest same-size peer: National Financial Services LLC (0.89 disc/office)

National Financial Serv…0.89Moors & Cabot, Inc.0.89Hilltop Securities Inc.0.90Stephens (this)0.82
Disclosures per office among mid-sized firm peers (lower is cleaner)

Stephens ranks #92 of 20,055 by disclosure count among graded broker-dealers; moderate load at 0.82 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 3/5 - 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

65 offices

FINRA: Large firm

Total disclosures

53 events

On FINRA BrokerCheck

Regulatory events

47 actions

89% of all disclosures

Disclosures per office

0.82 per office

53 ÷ 65 offices

Stephens vs. every disclosing firm

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

1 a cleaner per-office record than 36% of 1,251 disclosing firms

0–0: 314 disclosing firms (25%). Below this entry. 0–1: 159 disclosing firms (13%). Below this entry. 1–1: 301 disclosing firms (24%). Below this entry. 1–1: 40 disclosing firms (3%). This entry sits in this band. 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 47
Arbitrations 3
Civil Events 3
Total 53

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

Disclosure category share

Regulatory 47 Arbitration 3 Civil 3

Firm Details

Firm Size
Large
Scope
ACTIVE
Location
Little Rock, AR, 72201-3507
Formed
01/28/1987
State of Formation
Arkansas
CRD Number
3496
SEC Number
1927

Regulator-heavy mix

Stephens in the heavier-disclosure third

Stephens carries 53 BrokerCheck disclosures across 65 branch offices - a heavier-third raw book among graded firms (#92 of 20,055). Regulator-initiated events are 89% of the book (47 regulatory / 3 arbitration / 3 civil).

89% of Stephens's 53 disclosures are regulator-initiated (47 events). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

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

Arkansas cohort · 4.42× state average

Stephens sits above the Arkansas disclosure average

Stephens reports 53 BrokerCheck disclosures, 4.42× the Arkansas average of 12.0 across 7 graded firms with a principal-office state on file.

In Arkansas, 2 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 Arkansas state book →

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does Stephens sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Stephens ranks #92 of 20,055 by disclosure count (most disclosures first). Among firms registered in AR, it ranks #1 of 7 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 C mean for Stephens?
A grade of C reflects Stephens's disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (mid-sized firm). It carries 53 total disclosures across 65 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Stephens have?
Stephens has 53 total FINRA disclosures, including 47 regulatory events, 3 arbitrations, 3 civil events. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Stephens?
Stephens operates 65 branch offices and is classified by FINRA as a large firm, registered in AR (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 Stephens's disciplinary record?
You can verify Stephens's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 3496. 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). Stephens's 53 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid Stephens 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. Stephens carries 53 disclosures across 65 branch offices (about 0.82 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 Stephens, both outside AR so the neighborhoods are not state containment (the same-size intensity list below stays size-tier local).

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.