Colorado

Broker-dealer firm disciplinary records from FINRA BrokerCheck

Data updated July 2026

Colorado at a glance

As of July 2026, Colorado registers 56 broker-dealer firms on FINRA BrokerCheck - 37 carry a clean record and 85 disclosures are on file statewide.

56
registered firms
37
with a clean record (Grade A)
85
total disclosures statewide
1.5
disclosures per firm (avg)
56
Registered Firms
37
Clean Record (Grade A)
85
Total Disclosures
1.5
Avg Disclosures / Firm

How Colorado ranks

A state's raw firm count and its disciplinary clean-record rate measure two different things, and they do not always move together. A jurisdiction can host a large number of broker-dealer firms simply because it is a major financial hub, while a smaller state with far fewer registered firms can post a cleaner disciplinary record in relative terms, or vice versa. Comparing both rankings side by side, rather than looking at either figure in isolation, gives a fuller picture of what is actually happening on the ground in a given state.

By firm count, Colorado is #12 of 56 states and territories. By clean-record rate (Grade A share, among the 33 states with at least 10 registered firms, a floor that keeps a state with only a handful of firms from swinging to an extreme rate on a tiny sample), it ranks #11 of 33. The two ranks are broadly in line with each other, this state's disciplinary profile scales with its firm population about as expected, neither notably better nor worse than its size would suggest.

Grade Distribution

How Colorado's 56 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (37)37 firmsB, low (17)17 firmsC, typical (2)2 firmsD, elevated (0)0 firmsF, heaviest (0)0 firms
Grade breakdown of 56 graded firms headquartered in Colorado

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Cetera Advisors LLC Greenwood Village 23 918 B
2 Isaak Bond Investments, Inc. Lakewood 8 3 C
3 Advisors Asset Management, Inc. Monument 6 79 B
4 Empower Financial Services, Inc. Greenwood Village 6 113 B
5 Geneos Wealth Management, Inc. Englewood 6 165 B
6 Alps Distributors, Inc. Denver 4 36 B
7 GVC Capital LLC Centennial 4 2 B
8 Quadriga Securities, LLC Denver 4 2 B
9 Transamerica Capital, LLC Denver 4 4 C
10 Britehorn Securities Denver 3 8 B
11 Colorado Financial Service Corporation Centennial 3 23 B
12 Gill Capital Partners, LLC Denver 3 5 B
13 World Capital Brokerage, Inc. Denver 3 13 B
14 Cascade Investment Group, Inc. Colorado Springs 2 3 B
15 FMI Capital Advisors, Inc. Denver 2 4 B
16 Harvestons Securities, Inc. Greenwood Village 1 2 B
17 Larimer Capital Corporation Denver 1 4 B
18 Vistia Capital, LLC Lone Tree 1 2 B
19 W.G. Nielsen & Co. Denver 1 2 B
20 Acquiom Financial LLC Denver 0 2 A
21 Alpina Capital, LLC Denver 0 2 A
22 Alps Portfolio Solutions Distributor, Inc. Denver 0 2 A
23 Ares Management Capital Markets LLC Denver 0 14 A
24 Attis Securities Denver 0 2 A
25 Baserock Capital, LLC Denver 0 3 A
26 Bear Creek Securities LLC Denver 0 2 A
27 CHA Financial Advisors Denver 0 2 A
28 Christian Financial Services LLC Cedaredge 0 2 A
29 Class VI Securities, LLC Denver 0 2 A
30 Clearcreek Securities, LLC Denver 0 3 A
31 D-Merc Services Lakewood 0 2 A
32 Efcg Transaction Services LLC Denver 0 2 A
33 FCA Capital Markets LLC Denver 0 2 A
34 First Hill Securities, LLC Centennial 0 3 A
35 Hudsonwest LLC Denver 0 2 A
36 Integris Securities, LLC Greenwood Village 0 2 A
37 Janus Henderson Distributors US LLC Denver 0 4 A
38 JW & Co. Greenwood Village 0 2 A
39 KCR Capital, LLC Lakewood 0 2 A
40 Macarthur Strategic Capital, LLC Denver 0 2 A
41 Mainline West Municipal Securities LLC Denver 0 2 A
42 Paralel Distributors Denver 0 11 A
43 Parsonex Securities, Inc. Englewood 0 6 A
44 Pine Distributors LLC Denver 0 13 A
45 Plexus Energy Capital, LLC Littleton 0 2 A
46 Presidio Merchant Partners LLC Denver 0 3 A
47 Q Advisors LLC Denver 0 2 A
48 Reynolds Advisory Partners,LLC Denver 0 2 A
49 RFS Partners Denver 0 5 A
50 Sage Canyon Advisors, LLC Boulder 0 2 A

Inside Colorado's Broker-Dealer Landscape

Colorado has 56 actively registered broker-dealer firms in FINRA's public register, of which 37 (66.1%) carry a clean Grade-A record with no reportable BrokerCheck disclosures.

The state's aggregate disciplinary footprint totals 85 disclosures on BrokerCheck, averaging 1.5 per firm. Grade distribution across Colorado's broker-dealers: 37 graded A, 17 graded B, 2 graded C, 0 graded D, and 0 graded F. That means 66.1% 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 Colorado 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 Colorado 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 Colorado?
Colorado has 56 actively registered broker-dealer firms on FINRA BrokerCheck, of which 37 (66.1%) hold a clean Grade-A record with no reportable disclosures.
Which Colorado broker-dealer has the most FINRA disclosures?
Among firms registered in Colorado, Cetera Advisors LLC carries the most reported BrokerCheck disclosures (23 across 918 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 Colorado 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 Colorado Firms → All States →

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

Related

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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

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 SEC/FINRA regulatory filing 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.