State BrokerCheck inventory · July 2026

Wisconsin broker-dealer grades

According to FINRA BrokerCheck as of July 2026, Wisconsin ranks #23 of 56 by registered-firm inventory (23) and #19 of 56 by aggregate disclosure load (121), then #9 of 33 on disclosures-per-firm and #31 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.

#23
of 56 by firm inventory
23
registered firms
121
disclosures on file
5.3
avg disclosures / firm

Wisconsin at a glance

According to FINRA BrokerCheck as of July 2026, Wisconsin ranks #23 of 56 by registered-firm inventory (23) and #19 of 56 by aggregate disclosure load (121), then #9 of 33 on disclosures-per-firm and #31 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.

#23 of 56
registered-firm inventory
#19 of 56
aggregate disclosure load
#9 of 33
disclosures per firm (≥10 firms)
#31 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 Wisconsin 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.

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

Size-normalized disclosure intensity · FINRA BrokerCheck extract

5 Among the lightest loads a lower disclosures-per-firm load than 73% 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%). This entry sits in this band. 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. Wisconsin 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 23 graded firms

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

23
Registered Firms
7
Clean Record (Grade A)
121
Total Disclosures
5.3
Avg Disclosures / Firm

Grade Distribution

How Wisconsin's 23 graded broker-dealers split across the size-normalized A-F safety scale.

A, clean (7)7 firmsB, low (16)16 firmsC, typical (0)0 firmsD, elevated (0)0 firmsF, heaviest (0)0 firms
Grade breakdown of 23 graded firms headquartered in Wisconsin

Firms by Disclosure Count

#FirmDisclosuresOfficesGrade
1Robert W. Baird & Co. IncorporatedMilwaukee751,129B
2Northwestern Mutual Investment Services, LLCMilwaukee111,077B
3Coordinated Capital Securities, Inc.Fort Atkinson524B
4Associated Investment Services, Inc.Green Bay445B
5KCD Financial, Inc.Green Bay459B
6Buttonwood Partners, Inc.Madison33B
7Carl M. Hennig, Inc.Oshkosh34B
8H. C. Denison Co.Sheboygan33B
9Harbour Investments, Inc.Madison3175B
10Landaas & CompanyMilwaukee27B
11Packerland Brokerage Services, Inc.Green Bay2291B
12Sentry Equity Services, Inc.Stevens Point22B
13Baker Tilly Capital, LLCMadison16B
14Fimco Securities Group, Inc.Port Washington12B
15Superior Financial Services,Inc.Jackson115B
16Willow Cove Investment Group, Inc.Winneconne13B
17Abacus Investments, Inc.Dousmans04A
18Artisan Partners Distributors LLCMilwaukee016A
19Bridgewood Advisors Inc.Milwaukee02A
20GM Securities, LLCMilwaukee02A
21MFD Distributor, LLCMadison02A
22Waypoint Securities, LLCSun Prairie02A
23WEA Investment Services, Inc.Madison03A

Lower Grade-A share

Wisconsin's elevated per-firm intensity

Wisconsin ranks #31 of 33 on Grade-A share (30.4% clean) - cloudier third among ≥10-firm states.

Wisconsin averages 5.3 disclosures per firm (#9 of 33 among ≥10-firm states) - hotter intensity band. Grade-A share is 30.4% (7 of 23 graded) - cloudier third among floor-qualified states; D/F share is 0.0%. Heaviest raw book in-state: Robert W. Baird & Co. Incorporated (75 disclosures across 1,129 offices).

Grades are editorial signals from a size-normalized model, not FINRA ratings. Disclosure totals are reported events, not proven violations . 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 Wisconsin sit among states by BrokerCheck disclosure load?
According to FINRA BrokerCheck as of July 2026, Wisconsin ranks #23 of 56 by registered-firm inventory (23) and #19 of 56 by aggregate disclosure load (121), then #9 of 33 on disclosures-per-firm and #31 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. Aggregate disclosure load is not a judgment of the state's regulators or of any individual firm.
How many broker-dealer firms are registered in Wisconsin?
Wisconsin has 23 actively registered broker-dealer firms on FINRA BrokerCheck, of which 7 (30.4%) hold a clean Grade-A record with no reportable disclosures.
Which Wisconsin broker-dealer has the most FINRA disclosures?
Robert W. Baird & Co. Incorporated leads Wisconsin's listing with 75 BrokerCheck disclosures across 1,129 offices (Grade B). Totals are reported events, not proven violations - verify on FINRA BrokerCheck.
How should I read Wisconsin's safety grades?
On Wisconsin'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 Wisconsin broker data?
Yes. Wisconsin'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 Wisconsin 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 Wisconsin. Wisconsin ranks #23 by firm inventory and #19 by disclosure load in the PlainAdvisorCheck extract as of July 2026.