Virginia

Broker-dealer firm disciplinary records from FINRA BrokerCheck

Data updated July 2026

Virginia at a glance

As of July 2026, Virginia registers 43 broker-dealer firms on FINRA BrokerCheck - 26 carry a clean record and 83 disclosures are on file statewide.

43
registered firms
26
with a clean record (Grade A)
83
total disclosures statewide
1.9
disclosures per firm (avg)
43
Registered Firms
26
Clean Record (Grade A)
83
Total Disclosures
1.9
Avg Disclosures / Firm

How Virginia 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, Virginia is #14 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 #16 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 Virginia's 43 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (26)26 firmsB, low (14)14 firmsC, typical (2)2 firmsD, elevated (1)1 firmF, heaviest (0)0 firms
Grade breakdown of 43 graded firms headquartered in Virginia

Firms by Disclosure Count

# Firm DisclosuresOfficesGrade
1 Davenport & Company LLC Richmond 19 65 C
2 First Georgetown Securities, Inc. Alexandria 18 3 D
3 B. Riley Securities, Inc. Arlington 14 14 C
4 Goldman Sachs Custody Solutions Mclean 8 8 B
5 Capital Brokerage Corporation Glen Allen 4 2 B
6 DMG Securities, Inc. Great Falls 4 2 B
7 Spire Securities, LLC Mclean 3 16 B
8 Meridian Investments, Inc. Vienna 2 3 B
9 Pactolus Capital Partners Vienna 2 2 B
10 Thompson Davis & Co., Inc. Richmond 2 4 B
11 First Dominion Capital Corp. Richmond 1 5 B
12 Frontier Securities Richmond 1 5 B
13 Harris Williams Richmond 1 13 B
14 Homestead Financial Services Corp. Arlington 1 2 B
15 Kippsdesanto & Company Mclean 1 3 B
16 Mclean Securities, LLC Mclean 1 2 B
17 Velerity Group, Inc. Great Falls 1 2 B
18 Acalyx Advisors Inc. Arlington 0 5 A
19 Agecroft Partners, LLC Richmond 0 2 A
20 Anta Capital Charlottesville 0 4 A
21 Assetpoint Financial, LLC Arlington 0 2 A
22 Astrabit Leesburg 0 1 A
23 Bayberry Securities, Inc. Tysons 0 2 A
24 Cary Street Partners Richmond 0 18 A
25 Cooperative Securities Dulles 0 2 A
26 Dominion Partners, L.C. Glen Allen 0 2 A
27 Edward Wolfe LLC Reston 0 2 A
28 Euroscope Capital, LLC Great Falls 0 2 A
29 Focus Securities LLC Gainesville 0 2 A
30 FON Corporate Finance LLC Arlington 0 3 A
31 GIT Investment Services, Inc. Leesburg 0 2 A
32 Gladstone Securities, LLC Mclean 0 3 A
33 Guidance Securities, LLC Reston 0 2 A
34 Jordon Voytek Capital Partners LLC Herndon 0 1 A
35 Marriott Securities, LLC Richmond 0 2 A
36 Mclaughlin Ryder Investments, Inc. Alexandria 0 3 A
37 Navy Federal Investment Services, LLC Vienna 0 234 A
38 Northwest Financial Group LLC Herndon 0 14 A
39 Scott James Group, Inc. Falls Church 0 2 A
40 Transact Capital Securities, LLC Glen Allen 0 2 A
41 Vest Securities, LLC Mclean 0 2 A
42 Wealthforge Distributors, LLC Richmond 0 2 A
43 YR Securities LLC Norfolk 0 2 A

Inside Virginia's Broker-Dealer Landscape

Virginia has 43 actively registered broker-dealer firms in FINRA's public register, of which 26 (60.5%) carry a clean Grade-A record with no reportable BrokerCheck disclosures.

The state's aggregate disciplinary footprint totals 83 disclosures on BrokerCheck, averaging 1.9 per firm. Grade distribution across Virginia's broker-dealers: 26 graded A, 14 graded B, 2 graded C, 1 graded D, and 0 graded F. That means 60.5% of graded firms hold an A and 2.3% 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 Virginia 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 Virginia 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 Virginia?
Virginia has 43 actively registered broker-dealer firms on FINRA BrokerCheck, of which 26 (60.5%) hold a clean Grade-A record with no reportable disclosures.
Which Virginia broker-dealer has the most FINRA disclosures?
Among firms registered in Virginia, Davenport & Company LLC carries the most reported BrokerCheck disclosures (19 across 65 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 Virginia 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 Virginia 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.