Investigate before you invest
Before investing with a financial professional, be sure to check the registration status and background of the agent, broker-dealer or investment adviser. Public information regarding the registration status and disclosure history of broker-dealers, agents, investment advisers and investment adviser representatives is available via FINRA’s BrokerCheck tool
. The Investment Adviser Public Disclosure
is an electronic filing system that facilitates investment adviser registration, exempt reporting adviser filing, regulatory review, and the public disclosure information of registered investment adviser firms and individuals.
Financial Planner FAQs
- FINRA Arbitration Awards Online - This database provides the full text of arbitration awards issued by arbitrators at FINRA and at other forums.
- FINRA Disciplinary Actions Online - This database provides FINRA disciplinary actions that were issued during 2005 or later, and are eligible for publication pursuant to FINRA Rule 8313 (Release of Disciplinary Complaints, Decisions and Other Information). The database also includes opinions issued by the SEC and federal appellate courts that relate to FINRA disciplinary actions that have been appealed.
The Minnesota Department of Commerce has produced this helpful guide to answer your questions about Securities Agents, Financial Planners and Investment Advisers. You will learn what to ask, what to expect, and what to avoid when you receive investment advice.