California

Broker-dealer firm disciplinary records from FINRA BrokerCheck

California at a glance

California registers 89 broker-dealer firms on FINRA BrokerCheck - 55 carry a clean record and 105 disclosures are on file statewide.

89
registered firms
55
with a clean record (Grade A)
105
total disclosures statewide
1.2
disclosures per firm (avg)
89
Registered Firms
55
Clean Record (Grade A)
105
Total Disclosures
1.2
Avg Disclosures / Firm

Grade Distribution

A
55
firms
B
29
firms
C
5
firms
D
0
firms
F
0
firms

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Westpark Capital, Inc. Los Angeles 16 8 B
2 Btig, LLC San Francisco 13 28 C
3 Jonestrading Thousand Oaks 9 21 C
4 B.B. Graham & Company, Inc. Orange 7 41 B
5 Quincy Cass Associates, Incorporated Los Angeles 6 2 C
6 American Investors Company San Ramon 5 44 B
7 Farmers Financial Solutions, LLC Westlake Village 5 2,417 B
8 Dunham San Diego 4 12 B
9 Wulff, Hansen & Co. San Rafael 4 5 B
10 Alamo Capital Walnut Creek 3 5 B
11 RBC Securities, Inc Los Angeles 3 133 B
12 CWS Investments Newport Beach 2 21 B
13 Emerson Equity LLC San Mateo 2 110 B
14 Houlihan Lokey Capital, Inc. Los Angeles 2 14 C
15 J K R & Company, Inc. Van Nuys 2 6 B
16 Rance King Securities Corp. Long Beach 2 2 B
17 Sofi Securities LLC San Francisco 2 6 C
18 Upmarket Securities LLC Milpitas 2 4 B
19 CP Investments, LLC Los Angeles 1 4 B
20 Decker & Co, LLC Menlo Park 1 2 B
21 FMN Capital Corporation Mission Viejo 1 4 B
22 FTP Securities LLC San Francisco 1 3 B
23 KA Associates, LLC Los Angeles 1 3 B
24 Kayan Securities, Inc. Los Angeles 1 3 B
25 MSA Securities, LLC Santa Monica 1 2 B
26 NI Advisors Milpitas 1 17 B
27 Port Securities, Inc. Newport Beach 1 2 B
28 Private Portfolio, Inc. La Jolla 1 9 B
29 Qatalyst Partners LP San Francisco 1 2 B
30 S.L. Reed & Company Los Angeles 1 2 B
31 Salem Partners LLC Los Angeles 1 3 B
32 Second Street Securities, Inc. San Francisco 1 3 B
33 Xnergy Financial LLC Los Angeles 1 2 B
34 Yosemite Execution Partners Inc. Lafayette 1 2 B
35 Airwallex Capital (US) LLC San Francisco 0 2 A
36 Apsec Capital Partners, LLC Los Angeles 0 2 A
37 Aquilo Partners, L.P. San Francisco 0 4 A
38 Aream Advisors LLC San Francisco 0 2 A
39 ARK Securities LLC Palo Alto 0 3 A
40 AW Securities Folsom 0 31 A
41 Backstrom Mccarley Berry & Co., LLC San Francisco 0 2 A
42 Bardi Co. LLC Los Angeles 0 6 A
43 Bivo Financial LLC Los Gatos 0 2 A
44 Blakeslee and Blakeslee Inc. San Luis Obispo 0 7 A
45 Boursa Investments Chula Vista 0 2 A
46 Brooklands Capital Strategies BD, LP San Francisco 0 2 A
47 CMG Securities LLC San Ramon 0 6 A
48 Digital Offering LLC Laguna Beach 0 2 A
49 Dream Street Securities, LLC Los Angeles 0 1 A
50 Echelon Capital El Segundo 0 2 A

Inside California's Broker-Dealer Landscape

California has 89 actively registered broker-dealer firms in FINRA's public register, of which 55 (61.8%) carry a clean Grade-A record with no reportable BrokerCheck disclosures.

The state's aggregate disciplinary footprint totals 105 disclosures on BrokerCheck, averaging 1.2 per firm. Grade distribution across California's broker-dealers: 55 graded A, 29 graded B, 5 graded C, 0 graded D, and 0 graded F. That means 61.8% of graded firms hold an A and 0.0% 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 California 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 California advisor, confirm the firm's current record at FINRA BrokerCheck and review the specific representative's individual CRD report.

Frequently asked questions

How many broker-dealer firms are registered in California?
California has 89 actively registered broker-dealer firms on FINRA BrokerCheck, of which 55 (61.8%) hold a clean Grade-A record with no reportable disclosures.
Which California broker-dealer has the most FINRA disclosures?
Among firms registered in California, Westpark Capital, Inc. carries the most reported BrokerCheck disclosures (16 across 8 branch offices). Disclosure totals reflect reported events, not proven violations, larger firms naturally carry more. Always review the specific records on FINRA BrokerCheck.
How are PlainAdvisorCheck safety grades calculated?
Grades are size-normalized: a firm's weighted disclosure load is divided by its branch-office footprint, then ranked within its size class. Firms with zero disclosures earn an A regardless of size. Grades are editorial signals, not FINRA ratings. See our methodology for the exact formula.
Is this official California broker data?
Yes. All firm records come from FINRA BrokerCheck and the SEC Investment Adviser Public Disclosure (IAPD) - the official public registries for U.S. broker-dealers. PlainAdvisorCheck aggregates and size-normalizes them; the underlying records are public domain.
All California Firms → All States →

Read our methodology - how this data is sourced, computed, and verified.

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Data sourced from official FINRA BrokerCheck and SEC EDGAR enforcement records. See our methodology for details. Retrieved and formatted by PlainAdvisorCheck Editorial