State BrokerCheck inventory · July 2026

Vermont broker-dealer grades

According to FINRA BrokerCheck as of July 2026, Vermont ranks #46 of 56 by registered-firm inventory (3) and #41 of 56 by aggregate disclosure load (11). Inventory rank is not intensity rank: Missouri leads disclosures-per-firm on that 33-state board.

#46
of 56 by firm inventory
3
registered firms
11
disclosures on file
1
Grade-A clean record

Vermont at a glance

According to FINRA BrokerCheck as of July 2026, Vermont ranks #46 of 56 by registered-firm inventory (3) and #41 of 56 by aggregate disclosure load (11). Inventory rank is not intensity rank: Missouri leads disclosures-per-firm on that 33-state board.

#46 of 56
registered-firm inventory
#41 of 56
aggregate disclosure load
11
total disclosures statewide
1
with a clean record (Grade A)

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.

Firm-size mix among 3 graded firms

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

3
Registered Firms
1
Clean Record (Grade A)
11
Total Disclosures
3.7
Avg Disclosures / Firm

Grade Distribution

How Vermont's 3 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (1)1 firmB, low (2)2 firmsC, typical (0)0 firmsD, elevated (0)0 firmsF, heaviest (0)0 firms
Grade breakdown of 3 graded firms headquartered in Vermont

Firms by Disclosure Count

#FirmDisclosuresOfficesGrade
1Equity Services, Inc.Montpelier10344B
2D. B. Mckenna & Co., Inc.Bennington12B
3Cogent Associates, LLCWoodstock01A

Sparse registered-firm inventory

Vermont in the sparser-inventory third

Vermont ranks #46 of 56 by BrokerCheck firm count (3 firms) - lighter third of the board.

Vermont sits in the sparser third by registered-firm inventory (#46 of 56, 3 firms) as of July 2026. Graded inventory: 1 A / 2 B / 0 C / 0 D / 0 F (33.3% clean, 0.0% D or F). The top listing is Equity Services, Inc. (10 disclosures, Grade B).

Grades are editorial signals from a size-normalized model, not FINRA ratings. Disclosure totals are reported events, not proven violations - a thin Vermont roster means each firm moves the state averages more. 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 Vermont sit among states by BrokerCheck disclosure load?
Vermont is in the lighter third by aggregate disclosure load (#41 of 56, 11 events) while inventory ranks #46 of 56. Aggregate load is not a judgment of regulators or any firm.
How many broker-dealer firms are registered in Vermont?
Vermont registers 3 BrokerCheck firms (#46 sparser-third inventory). 1 (33.3%) hold a clean Grade-A record.
Which Vermont broker-dealer has the most FINRA disclosures?
Equity Services, Inc. leads Vermont's listing with 10 BrokerCheck disclosures across 344 offices (Grade B). Totals are reported events, not proven violations - verify on FINRA BrokerCheck.
How should I read Vermont's safety grades?
On Vermont's lighter-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 Vermont broker data?
Yes. Vermont'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 Vermont 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 Vermont. Vermont ranks #46 by firm inventory and #41 by disclosure load in the PlainAdvisorCheck extract as of July 2026.