State BrokerCheck inventory · July 2026

Tennessee broker-dealer grades

According to FINRA BrokerCheck as of July 2026, Tennessee ranks #16 of 56 by registered-firm inventory (42) and #18 of 56 by aggregate disclosure load (137), then #16 of 33 on disclosures-per-firm and #21 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.

#16
of 56 by firm inventory
42
registered firms
137
disclosures on file
3.3
avg disclosures / firm

Tennessee at a glance

According to FINRA BrokerCheck as of July 2026, Tennessee ranks #16 of 56 by registered-firm inventory (42) and #18 of 56 by aggregate disclosure load (137), then #16 of 33 on disclosures-per-firm and #21 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.

#16 of 56
registered-firm inventory
#18 of 56
aggregate disclosure load
#16 of 33
disclosures per firm (≥10 firms)
#21 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 Tennessee 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.

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

Size-normalized disclosure intensity · FINRA BrokerCheck extract

3 a lower disclosures-per-firm load than 52% of 33 floor-qualified states

0–2: 10 floor-qualified states (30%). Below this entry. 2–4: 9 floor-qualified states (27%). This entry sits in this band. 4–6: 8 floor-qualified states (24%). Above this entry. 6–8: 1 floor-qualified states (3%). Above this entry. 8–10: 1 floor-qualified states (3%). Above this entry. 10–12: 0 floor-qualified states (0%). Above this entry. 12–14: 2 floor-qualified states (6%). Above this entry. 14–16: 0 floor-qualified states (0%). Above this entry. 16–18: 0 floor-qualified states (0%). Above this entry. 18–20: 1 floor-qualified states (3%). Above this entry. 20–22: 0 floor-qualified states (0%). Above this entry. 22–24: 0 floor-qualified states (0%). Above this entry. 24–26: 0 floor-qualified states (0%). Above this entry. 26–28: 0 floor-qualified states (0%). Above this entry. 28–30: 0 floor-qualified states (0%). Above this entry. 30–32: 0 floor-qualified states (0%). Above this entry. 32–34: 0 floor-qualified states (0%). Above this entry. 34–36: 1 floor-qualified states (3%). Above this entry. Tennessee 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 42 graded firms

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

42
Registered Firms
23
Clean Record (Grade A)
137
Total Disclosures
3.3
Avg Disclosures / Firm

Grade Distribution

How Tennessee's 42 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (23)23 firmsB, low (14)14 firmsC, typical (4)4 firmsD, elevated (1)1 firmF, heaviest (0)0 firms
Grade breakdown of 42 graded firms headquartered in Tennessee

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Sanford C. Bernstein & Co., LLC Nashville 35 27 D
2 B. Riley Wealth Management Memphis 22 69 C
3 Carty, Harding & Hearn, Inc. Memphis 20 10 B
4 Southstate Securities Corp. Memphis (Shelby) 10 16 B
5 &Partners Nashville 9 225 B
6 FHN Financial Securities Corp. Memphis 8 27 C
7 Rice Financial Products Company Nashville 6 8 B
8 Silver OAK Securities, Incorporated Jackson 6 137 B
9 Alliancebernstein Investments, Inc. Nashville 5 6 C
10 Trustfirst Knoxville 3 3 B
11 Brown Associates, Inc. Chattanooga 2 2 B
12 Home Financial Services, Inc. Knoxville 2 2 B
13 Jackson National Life Distributors LLC Franklin 2 5 C
14 ST Invest LLC Nashville 2 2 B
15 Avondale Partners, LLC Nashville 1 2 B
16 Brentwood Capital Advisors LLC Nashville 1 2 B
17 Conduent Securities, LLC Spencer 1 2 B
18 Harpeth Securities, LLC Nashville 1 2 B
19 Thoroughbred Financial Services, LLC Brentwood 1 8 B
20 Advanced Strategies Broker Dealer LLC Chattanooga 0 2 A
21 Alto Securities, LLC Nashville 0 2 A
22 Bailey & Co. Securities, LLC Brentwood 0 5 A
23 Creekstone Capital Franklin 0 2 A
24 CW Securities, LLC Knoxville 0 3 A
25 DCF, LLC Chattanooga 0 7 A
26 Fourbridges Securities, LLC Chattanooga 0 2 A
27 Gpwa, LLC Nashville 0 7 A
28 ICA, LLC Nashville 0 2 A
29 Memphis Capital Memphis 0 2 A
30 Modern Private Equity Partners, LLC Spencer 0 2 A
31 OM Partners, LLC Brentwood 0 1 A
32 P.J. Robb Variable, LLC Memphis 0 10 A
33 Pacific Gate Advisors, LLC Brentwood 0 2 A
34 PNFP Capital Markets, Inc. Nashville 0 5 A
35 Praxess Securities, LLC Nashville 0 3 A
36 Sanderlin Securities, LLC Memphis 0 2 A
37 Silvermark Partners LLC Nashville 0 3 A
38 Thompson Research, LLC Nashville 0 2 A
39 Trade Capital Markets (TCM) North America LLC Spencer 0 2 A
40 Utility Capital Partners, LLC Chattanooga 0 2 A
41 Velocityhealth Securities, Inc. Nashville 0 2 A
42 Wavecrest Securities LLC Brentwood 0 3 A

Dense registered-firm inventory

Tennessee in the denser-inventory third

Tennessee ranks #16 of 56 by BrokerCheck firm count (42 firms) - denser third of the board.

Tennessee sits in the denser third by registered-firm inventory (#16 of 56, 42 firms) as of July 2026. Graded inventory: 23 A / 14 B / 4 C / 1 D / 0 F (54.8% clean, 2.4% D or F). Heaviest raw book in-state: Sanford C. Bernstein & Co., LLC (35 disclosures across 27 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 Tennessee 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 Tennessee sit among states by BrokerCheck disclosure load?
Tennessee is in the heavier third by aggregate disclosure load (#18 of 56, 137 events) while inventory ranks #16 of 56. Aggregate load is not a judgment of regulators or any firm.
How many broker-dealer firms are registered in Tennessee?
Tennessee registers 42 BrokerCheck firms (#16 denser-third inventory). 23 (54.8%) hold a clean Grade-A record.
Which Tennessee broker-dealer has the most FINRA disclosures?
Sanford C. Bernstein & Co., LLC leads Tennessee's listing with 35 BrokerCheck disclosures across 27 offices (Grade D). Totals are reported events, not proven violations - verify on FINRA BrokerCheck.
How should I read Tennessee's safety grades?
On Tennessee'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 Tennessee broker data?
Yes. Tennessee'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 Tennessee 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 Tennessee. Tennessee ranks #16 by firm inventory and #18 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.