Alabama
Broker-dealer firm disciplinary records from FINRA BrokerCheck
Grade Distribution
Firms by Disclosure Count
| Firm | Disclosures | Advisors | Grade | Status |
|---|---|---|---|---|
| STONEX SECURITIES INC. | 13 | 1 | F | Active |
| JOE JOLLY & CO., INC. | 8 | 1 | F | Active |
| NBC SECURITIES, INC. | 6 | 1 | F | Active |
| LEC INVESTMENT CORP. | 1 | 1 | F | Active |
| BHK SECURITIES, LLC | 0 | 1 | A | Active |
| CRI M&A ADVISORS, LLC | 0 | 1 | A | Active |
| FOUNDERS M&A ADVISORY, LLC | 0 | 1 | A | Active |
| VESTED SECURITIES | 0 | 1 | A | Active |
Inside Alabama's Broker-Dealer Landscape
Alabama is home to 8 broker-dealer firms in FINRA's public register, of which 8 (100.0%) are currently marked ACTIVE. Those firms employ 8 registered advisors across their home offices and branches — an average of 1.0 advisors per firm.
The state's aggregate disciplinary footprint totals 28 disclosures on BrokerCheck, averaging 3.5 per firm. Grade distribution across Alabama's broker-dealers: 4 graded A, 0 graded B, 0 graded C, 0 graded D, and 4 graded F. That means 50.0% of graded firms hold an A and 50.0% fall into the D or F bands.
Grades reflect our internal model weighing disclosure volume against firm size and scope; they are editorial signals, not FINRA ratings. Disclosure totals on BrokerCheck represent reported events, not proven violations — large multistate firms headquartered in Alabama will naturally carry more disclosures than small single-office firms. This page is informational only and is not financial, legal, or investment advice. Before hiring any Alabama advisor, confirm the firm's current record at FINRA BrokerCheck and review the specific representative's individual CRD report.
Read our methodology — how this data is sourced, computed, and verified.
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