Understanding BrokerCheck
In a perfect world, investors would feel assured that the financial professionals who were assisting them were trustworthy and competent individuals. Sadly, this isn't always the case. Like any profession, financial advisors exist on a spectrum of credibility and integrity, illustrating why BrokerCheck is so useful.
Besides offering insights such as whether financial advisors or firms are registered to sell securities, including stocks and bonds, mutual funds, and more, BrokerCheck can also inform individuals if advisors or firms can provide investment advice.