FINRA’s recently enhanced BrokerCheck database can help research
your current or future financial professionals.
Using FINRA’s free tool, you can search for information on brokers,
brokerage firms, investment advisers, and investment adviser firms.
Earlier this summer, the Financial Industry Regulatory Authority
(FINRA) updated its BrokerCheck service with enhanced features, making it easier than ever for investors to check up on their brokers
and brokerage firms. If you’re not familiar with BrokerCheck already,
the service gives you access to a database full of registration, licensing,
and background information for financial professionals and their firms.
BrokerCheck service has long been a useful tool for investors, with 14.2 million reviews conducted by users in 2011 alone, the updates
to the service expand its convenience and usability. Now, with the latest
changes, users of the BrokerCheck service can:
- Take advantage of convenient help icons and additional educational materials
- Access information about brokers, brokerage firms, investment advisers,
and more from a centralized location
- Search for information by main office, branch office, or ZIP code
If you’ve never
used FINRA’s BrokerCheck service before, now is a great time to get started. The service is completely free, and
it helps you protect yourself from investment fraud by giving you access
to more information about the financial professionals you are dealing
with, including access to disciplinary records. To get started, simply
visit FINRA’s website to access BrokerCheck.