North Carolina

Broker-dealer firm disciplinary records from FINRA BrokerCheck

Data updated July 2026

North Carolina at a glance

As of July 2026, North Carolina registers 55 broker-dealer firms on FINRA BrokerCheck - 31 carry a clean record and 235 disclosures are on file statewide.

55
registered firms
31
with a clean record (Grade A)
235
total disclosures statewide
4.3
disclosures per firm (avg)
55
Registered Firms
31
Clean Record (Grade A)
235
Total Disclosures
4.3
Avg Disclosures / Firm

How North Carolina 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, North Carolina is #13 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 #20 of 33. These ranks diverge notably -- a larger firm footprint here does not translate into a proportionally cleaner record. Neither ranking implies wrongdoing on its own; always review an individual firm's own size-normalized grade before drawing a conclusion about it specifically.

Grade Distribution

How North Carolina's 55 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (31)31 firmsB, low (22)22 firmsC, typical (1)1 firmD, elevated (1)1 firmF, heaviest (0)0 firms
Grade breakdown of 55 graded firms headquartered in North Carolina

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Wells Fargo Securities, LLC Charlotte 162 84 D
2 Capital Investment Group, Inc. Raleigh 10 82 B
3 Liberty Partners Financial Services, LLC Raleigh 9 8 B
4 Elevation, LLC Charlotte 7 5 B
5 Secu Brokerage Services Raleigh 7 280 B
6 First Citizens Investor Services, Inc. Raleigh 6 307 B
7 Southeast Investments, N.C., Inc. Charlotte 6 23 B
8 Supreme Alliance LLC Charlotte 6 20 B
9 Ally Invest Securities LLC Charlotte 3 7 C
10 Intercarolina Financial Services, Inc. Greensboro 3 21 B
11 JBS Liberty Securities, Inc. Kannapolis 2 3 B
12 Tradier Brokerage, Inc. Charlotte 2 3 B
13 Allspring Funds Distributor, LLC Charlotte 1 24 B
14 Capfinancial Securities, LLC. Raleigh 1 35 B
15 Capital Investment Brokerage, Inc. Raleigh 1 10 B
16 Equitable Distributors, LLC Charlotte 1 8 B
17 First Ballantyne, LLC Charlotte 1 2 B
18 First Tryon Securities, LLC Charlotte 1 3 B
19 Innovation Partners LLC Charlotte 1 41 B
20 Mcduffie/Morris Financial Group, Inc. Charlotte 1 2 B
21 Millennium Advisors, LLC Charlotte 1 2 B
22 Modern Capital Securities Inc. Raleigh 1 6 B
23 Place Trade Financial, Inc. Raleigh 1 3 B
24 Sovereign Legacy Securities, Inc. Pinehurst 1 2 B
25 Anderson Leneave & Co. Charlotte 0 1 A
26 B&D Capital Partners, LLC Charlotte 0 2 A
27 Barings Securities LLC Charlotte 0 3 A
28 Barnabas Capital, LLC Charlotte 0 2 A
29 Bourne Partners Securities, LLC Charlotte 0 2 A
30 Brighthouse Securities, LLC Charlotte 0 10 A
31 Bundy Group Securities, LLC Charlotte 0 3 A
32 Capital Management of the Carolinas, LLC Charlotte 0 2 A
33 Capitala Securities, LLC Charlotte 0 3 A
34 Carofin, LLC Brevard 0 2 A
35 Cleansource Securities Charlotte 0 2 A
36 Envoy Securities Charlotte 0 2 A
37 Equity Shift, Inc. Raleigh 0 2 A
38 Falcon Square Capital, LLC Raleigh 0 3 A
39 Fennebresque & Co., LLC Charlotte 0 2 A
40 Fidus Securities, LLC Charlotte 0 3 A
41 Folla Capital, LLC Wilmington 0 2 A
42 Fortress Private Ledger, LLC Raleigh 0 15 A
43 Hatteras Capital Distributors, LLC Raleigh 0 2 A
44 Hedgeserv Investment Services LLC Raleigh 0 2 A
45 Linden Thomas and Company Securities, LLC Charlotte 0 2 A
46 Milestone Investments, Inc. Charlotte 0 3 A
47 North Inlet Advisors, LLC Charlotte 0 2 A
48 Optsecurities, LLC Charlotte 0 2 A
49 Philpott Ball & Werner, LLC Charlotte 0 3 A
50 RF M&A Services LLC Charlotte 0 3 A

Inside North Carolina's Broker-Dealer Landscape

North Carolina has 55 actively registered broker-dealer firms in FINRA's public register, of which 31 (56.4%) carry a clean Grade-A record with no reportable BrokerCheck disclosures.

The state's aggregate disciplinary footprint totals 235 disclosures on BrokerCheck, averaging 4.3 per firm. Grade distribution across North Carolina's broker-dealers: 31 graded A, 22 graded B, 1 graded C, 1 graded D, and 0 graded F. That means 56.4% of graded firms hold an A and 1.8% 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 North Carolina 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 North Carolina 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 North Carolina?
North Carolina has 55 actively registered broker-dealer firms on FINRA BrokerCheck, of which 31 (56.4%) hold a clean Grade-A record with no reportable disclosures.
Which North Carolina broker-dealer has the most FINRA disclosures?
Among firms registered in North Carolina, Wells Fargo Securities, LLC carries the most reported BrokerCheck disclosures (162 across 84 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 North Carolina 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 North Carolina 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.