State BrokerCheck inventory · July 2026

Missouri broker-dealer grades

According to FINRA BrokerCheck as of July 2026, Missouri ranks #18 of 56 by registered-firm inventory (36) and #3 of 56 by aggregate disclosure load (1,236), then #1 of 33 on disclosures-per-firm and #33 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.

#18
of 56 by firm inventory
36
registered firms
1,236
disclosures on file
34.3
avg disclosures / firm

Missouri at a glance

According to FINRA BrokerCheck as of July 2026, Missouri ranks #18 of 56 by registered-firm inventory (36) and #3 of 56 by aggregate disclosure load (1,236), then #1 of 33 on disclosures-per-firm and #33 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.

#18 of 56
registered-firm inventory
#3 of 56
aggregate disclosure load
#1 of 33
disclosures per firm (≥10 firms)
#33 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 Missouri 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.

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

Size-normalized disclosure intensity · FINRA BrokerCheck extract

34 Among the lightest loads a lower disclosures-per-firm load than 97% of 33 floor-qualified states

0–2: 10 floor-qualified states (30%). Below this entry. 2–4: 9 floor-qualified states (27%). Below this entry. 4–6: 8 floor-qualified states (24%). Below this entry. 6–8: 1 floor-qualified states (3%). Below this entry. 8–10: 1 floor-qualified states (3%). Below this entry. 10–12: 0 floor-qualified states (0%). Below this entry. 12–14: 2 floor-qualified states (6%). Below this entry. 14–16: 0 floor-qualified states (0%). Below this entry. 16–18: 0 floor-qualified states (0%). Below this entry. 18–20: 1 floor-qualified states (3%). Below this entry. 20–22: 0 floor-qualified states (0%). Below this entry. 22–24: 0 floor-qualified states (0%). Below this entry. 24–26: 0 floor-qualified states (0%). Below this entry. 26–28: 0 floor-qualified states (0%). Below this entry. 28–30: 0 floor-qualified states (0%). Below this entry. 30–32: 0 floor-qualified states (0%). Below this entry. 32–34: 0 floor-qualified states (0%). Below this entry. 34–36: 1 floor-qualified states (3%). This entry sits in this band. Missouri 0 36 every state with ≥10 graded firms, bucketed by value

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 36 graded firms

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

36
Registered Firms
9
Clean Record (Grade A)
1,236
Total Disclosures
34.3
Avg Disclosures / Firm

Grade Distribution

How Missouri's 36 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (9)9 firmsB, low (22)22 firmsC, typical (3)3 firmsD, elevated (2)2 firmsF, heaviest (0)0 firms
Grade breakdown of 36 graded firms headquartered in Missouri

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Wells Fargo Clearing Services, LLC St. Louis 489 7,651 B
2 Edward Jones St. Louis 325 18,742 B
3 Stifel, Nicolaus & Company, Incorporated St. Louis 251 757 C
4 Wells Fargo Advisors Financial Network, LLC St. Louis 74 2,019 B
5 Sunset Financial Services, Inc. Kansas City 11 2 C
6 Smith, Moore & Co. Clayton 9 16 B
7 Sogotrade, Inc. Chesterfield 9 4 C
8 Huntleigh Securities Corporation St. Louis 8 14 B
9 Tradebot Systems, Inc. Kansas City 7 1 D
10 Commerce Brokerage Services, Inc. Clayton 5 6 B
11 Arlington Securities, Inc. St. Louis 4 15 B
12 L.J. Hart and Company St. Louis 4 4 B
13 UMB Financial Services, Inc. Kansas City 4 105 B
14 Valdes & Moreno, Inc. Parkville 4 3 B
15 Vestech Securities, Inc. St. Louis 4 3 B
16 American Century Investment Services Inc. Kansas City 3 14 B
17 Benjamin F. Edwards & Company, Inc. St. Louis 3 255 B
18 Consolidated Financial Investments, Inc. Clayton 3 3 B
19 First Heartland Capital, Inc. Lake St. Louis 3 114 B
20 N.I.S. Financial Services, Inc. Kansas City 3 2 D
21 Penrod Financial Group Branson 3 2 B
22 Saxony Securities, Inc. St. Louis 3 47 B
23 First Bankers' Banc Securities, Inc St. Louis 2 4 B
24 Sable Capital LLC St. Louis 2 2 B
25 Beyondtrade Securities Inc. St. Louis 1 2 B
26 Burch & Company, Inc Kansas City 1 8 B
27 Stern Brothers & Co. St. Louis 1 10 B
28 FG Capital LC St. Louis 0 2 A
29 Forvis Mazars Capital Advisors, LLC Springfield 0 7 A
30 Heim, Young & Associates, Inc. Springfield 0 5 A
31 Larson Financial Securities, LLC Saint Louis 0 19 A
32 Liquifi LLC Lee'S Summit 0 1 A
33 M&A Securities Group, Inc. Kansas City 0 11 A
34 Middle Market Transactions, Inc. St. Louis 0 3 A
35 Rubinbrown Corporate Finance, LLC St. Louis 0 3 A
36 Sauer, Dazey Investment Company St. Louis 0 2 A

Elevated disclosures per firm

Missouri in the denser-inventory third

Missouri ranks #1 of 33 on disclosures-per-firm (34.3) among ≥10-firm states.

Missouri sits in the denser third by registered-firm inventory (#18 of 56, 36 firms) as of July 2026. Grade-A share is 25.0% (9 of 36 graded) - cloudier third among floor-qualified states; D/F share is 5.6%. Heaviest raw book in-state: Wells Fargo Clearing Services, LLC (489 disclosures across 7,651 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 Missouri 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 Missouri sit among states by BrokerCheck disclosure load?
Missouri is in the heavier third by aggregate disclosure load (#3 of 56, 1,236 events) while inventory ranks #18 of 56. Aggregate load is not a judgment of regulators or any firm.
How many broker-dealer firms are registered in Missouri?
Missouri registers 36 BrokerCheck firms (#18 denser-third inventory). 9 (25.0%) hold a clean Grade-A record.
Which Missouri broker-dealer has the most FINRA disclosures?
Wells Fargo Clearing Services, LLC leads Missouri's listing with 489 BrokerCheck disclosures across 7,651 offices (Grade B). Totals are reported events, not proven violations - verify on FINRA BrokerCheck.
How should I read Missouri's safety grades?
On Missouri'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 Missouri broker data?
Yes. Missouri'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 Missouri 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 Missouri. Missouri ranks #18 by firm inventory and #3 by disclosure load in the PlainAdvisorCheck extract as of July 2026.

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.