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FINRA industry snapshot 2025 shows firm concentration in size, location

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Photo: Jim Bennett/WireImage

Snapshot provides a high-level overview of FINRA membership; the data is reported in aggregate to respect confidentiality of member firms.

The Financial Industry Regulatory Authority (FINRA) has released its 2025 Industry Snapshot, which broke down the number of firms and registered representatives across the industry by firm size, branch count, number of individuals, state of registration, and a host of other dimensions. Large firms accounted for the large majority of

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