2025 Industry Snapshot

FINRA is a private, not-for-profit membership organization that is responsible under federal law for supervising our member firms. FINRA regulates a critical part of the securities industry—member brokerage firms doing business in the United States.

FINRA’s Board of Governors, our governing body, consists of industry governors and public governors, and our operations are funded by member fees, not taxpayer dollars. As a self-regulatory organization, we are registered with the SEC and perform our work under the supervision of the SEC, but we are not part of the government. As a membership organization, FINRA’s work is informed by our member firms, with advisory committees that provide feedback on rule proposals, regulatory initiatives and industry issues.

The self-regulatory model for broker-dealers has a long history, developing in the United States over more than two centuries. This well-established model enriches our regulatory program while giving us the authority to carry out our mission. It enables FINRA to engage with the industry, investors and other key stakeholders to quickly adapt our oversight to changing markets, as well as to develop tools and resources that enhance industry practices and aid investors. This engagement results in stronger, more informed regulation. 

In an effort to increase public awareness and understanding about the broad range of FINRA-registered firms and individuals, FINRA shares an annual snapshot of some of the data collected in the course of our work.

The 2025 FINRA Industry Snapshot provides a high-level overview of FINRA membership, ranging from the number of FINRA-registered individuals to the overall revenues of firms, and from trading activity to how firms market their products and services. All of the data are reported in aggregate to respect the confidentiality of regulatory information.

Note: FINRA regularly updates historical data series due to data revisions.