State BrokerCheck inventory · July 2026

California broker-dealer grades

According to FINRA BrokerCheck as of July 2026, California ranks #2 of 56 by registered-firm inventory (279) and #7 of 56 by aggregate disclosure load (572), then #23 of 33 on disclosures-per-firm and #8 of 33 on Grade-A share among states with at least 10 firms. Inventory rank is not intensity rank: Missouri leads disclosures-per-firm on that 33-state board.

Compiled by PlainAdvisorCheck

#2
of 56 by firm inventory: 279
registered firms: 572
disclosures on file: 2.1
avg disclosures / firm

California at a glance

#2 of 56
registered-firm inventory: #7 of 56
aggregate disclosure load: #23 of 33
disclosures per firm (≥10 firms): #8 of 33
Grade-A share (≥10 firms)

Disclosure-load ordinal matches the /states listing. Missouri leads disclosures-per-firm; Maine leads Grade-A share among states with at least 10 firms. Neither rank is investment advice. See methodology · corpus placement.

Where California sits by disclosures per firm

COUNT-derived placement among 33 states and territories with at least 10 graded firms. Lower intensity is cleaner for residents; large multistate HQs can lift a state's average without describing every local office.

California vs every ≥10-firm state by disclosures per firm

Size-normalized disclosure intensity · FINRA BrokerCheck extract

2 a lower disclosures-per-firm load than 30% of 33 floor-qualified states

Each bar is a band; taller bars hold more floor-qualified states. 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 · July 2026

Firm-size mix among 279 graded firms

FINRA BrokerCheck size classes in California. Segments sum to the graded inventory, a catalog shape, not the A-F grade ChartBar below.

Large 10 firms (4%) Medium 12 firms (4%) Small 257 firms (92%)

279

Registered Firms

189

Clean Record (Grade A)

572

Total Disclosures

2.1

Avg Disclosures / Firm

Grade Distribution

How California's 279 graded broker-dealers split across the size-normalized A-F safety scale.

Grade breakdown of 279 graded firms headquartered in California

Firms by Disclosure Count

#	Firm	Disclosures	Offices	Grade
1	Wedbush Securities Inc.Pasadena	212	152	D
2	Cetera Wealth Services, LLCEl Segundo	37	4,114	B
3	Roth Capital Partners, LLCNewport Beach	28	18	D
4	Centaurus Financial, Inc.Anaheim	26	376	B
5	Casey Securities LLCGreenbrae	20	2	D
6	Independent Financial Group, LLCSan Diego	17	395	B
7	Westpark Capital, Inc.Los Angeles	16	8	B
8	Btig, LLCSan Francisco	13	28	C
9	Mutual Securities, Inc.Camarillo	10	79	B
10	JonestradingThousand Oaks	9	21	C
11	B.B. Graham & Company, Inc.Orange	7	41	B
12	American Trust Investment Services, Inc.San Clemente	6	9	B
13	Banyan Securities, LLCLarkspur	6	2	C
14	Citizens JMP Securities, LLCSan Francisco	6	23	C
15	Glendale Securities, Inc.Sherman Oaks	6	4	B
16	Investment Placement GroupSan Diego	6	5	B
17	Mischler Financial Group, Inc.Irvine	6	10	B
18	Quincy Cass Associates, IncorporatedLos Angeles	6	2	C
19	American Investors CompanySan Ramon	5	44	B
20	Farmers Financial Solutions, LLCWestlake Village	5	2,417	B
21	Planmember Securities CorporationCarpinteria	5	303	B
22	Syndicated Capital, Inc.Diamond Bar	5	15	B
23	DunhamSan Diego	4	12	B
24	Globalink Securities, Inc.Pasadena	4	5	B
25	Infinity Financial ServicesOakland	4	36	B
26	Wulff, Hansen & Co.San Rafael	4	5	B
27	Alamo CapitalWalnut Creek	3	5	B
28	Bill Parker AgencySacramento	3	2	B
29	Imperial Capital, LLCLos Angeles	3	6	B
30	Integral Financial LLCCupertino	3	4	B
31	J.K. Financial Services, Inc.Norco	3	5	B
32	RBC Securities, IncLos Angeles	3	133	B
33	Sutter Securities IncorporatedIrvine	3	4	B
34	ACE Diversified Capital, Inc.San Gabriel,	2	2	B
35	Acorns Securities, LLCIrvine	2	2	B
36	Balanced Security Planning, Inc.Newport Beach	2	2	B
37	Boustead Securities, LLCIrvine	2	2	B
38	CWS InvestmentsNewport Beach	2	21	B
39	Emerson Equity LLCSan Mateo	2	110	B
40	Great Pacific SecuritiesCosta Mesa	2	5	B
41	Griffin Capital Securities, LLCIrvine	2	3	B
42	Houlihan Lokey Capital, Inc.Los Angeles	2	14	C
43	J K R & Company, Inc.Van Nuys	2	6	B
44	OAK Tree Securities, Inc.Livermore	2	10	B
45	Penserra Securities, LLCOrinda	2	4	B
46	Rance King Securities Corp.Long Beach	2	2	B
47	Shareholders Service Group, LLCCulver City	2	2	B
48	Signature Estate Securities, LLCLos Angeles	2	10	B
49	Sofi Securities LLCSan Francisco	2	6	C
50	Sprott Global Resource Investments LtdCarlsbad	2	5	B

Dense registered-firm inventory

California in the denser-inventory third

California ranks #2 of 56 by BrokerCheck firm count (279 firms) - denser third of the board.

California sits in the denser third by registered-firm inventory (#2 of 56, 279 firms) as of July 2026. Grade-A share is 67.7% (189 of 279 graded) - cleaner third among floor-qualified states; D/F share is 1.1%. Heaviest raw book in-state: Wedbush Securities Inc. (212 disclosures across 152 offices).

Grades are editorial signals from a size-normalized model, not FINRA ratings. Disclosure totals are reported events, not proven violations - large multistate HQs in California can lift statewide totals without describing every local office. This page is informational only and does not constitute financial, legal, or investment advice. Confirm current records at FINRA BrokerCheck.

Frequently asked questions

Where does California sit among states by BrokerCheck disclosure load?

California is in the heavier third by aggregate disclosure load (#7 of 56, 572 events) while inventory ranks #2 of 56. Aggregate load is not a judgment of regulators or any firm.

How many broker-dealer firms are registered in California?

California registers 279 BrokerCheck firms (#2 denser-third inventory). 189 (67.7%) hold a clean Grade-A record.

Which California broker-dealer has the most FINRA disclosures?

Wedbush Securities Inc. leads California's listing with 212 BrokerCheck disclosures across 152 offices (Grade D). Totals are reported events, not proven violations - verify on FINRA BrokerCheck.

How should I read California's safety grades?

On California's heavier-load board, grades stay size-normalized (weighted disclosures ÷ branch footprint within size class). Zero-disclosure firms earn A. Editorial signals only - not FINRA ratings; see methodology.

Is this official California broker data?

Yes. California's firm rows come from FINRA BrokerCheck and SEC IAPD public registries. PlainAdvisorCheck aggregates and size-normalizes them; underlying records are public domain. This is not financial advice.

All California Firms → All States →

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

Data sourced from official FINRA BrokerCheck and SEC EDGAR enforcement records for California. California ranks #2 by firm inventory and #7 by disclosure load in the PlainAdvisorCheck extract as of July 2026.

Compiled by PlainAdvisorCheck, Independent data publisher

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.