Choosing a broker or investment adviser is one of the most important financial decisions you will ever make in your life. “Know Your Customer” may be an obligation for brokerage firms, but there is no requirement for you to “Know Your Broker”. Instead, it is your responsibility to research the investment experience, professional background, and education of your broker before entrusting him or her with your savings.
On this Website, investors can easily search a database of individual brokers and/or investment advisers currently employed with a brokerage firm who may have certain criminal, regulatory, civil judicial, or customer complaint disclosure events.
Before Choosing a Broker
- Visit FINRA BrokerCheck or call FINRA at (800) 289-9999.
- Also contact your state securities regulator.
- Check SEC Action Lookup tool for formal actions that the SEC has brought against individuals.
Before Choosing an Investment Adviser