DesPain Financial Corporation

DesPain Financial Corporation (DFC) offers a full-service securities broker/dealer through Saxony Securities, Inc. registered with the Financial Industry Regulatory Authority (FINRA).  We pride ourselves on a commitment of personal service, one on one, with our clients. Whether you are planning your financial future, through college or retirement funding, or your corporation is seeking a qualified pension plan -- DFC is prepared to provide the products and services to fill that need.

DFC clears their trades through Saxony Securities. As a member of the Securities Investor Protection Corporation (SIPC) your account is protected for cash (up to $100,000) and securities (up to $500,000) per account. Unlimited excess SIPC coverage is provided through a commercial insurer.

Our brokers can recommend a vast array of investment opportunities for both individuals and corporations including:


  • Common Stocks
  • Over-the-Counter Stocks
  • Preferred Stocks
  • Publicly Traded REIT's

               Tax-deferred Annuities

  • Fixed & Index Annuities
  • Variable Annuities
  • Immediate Annuities

Fixed-income Investments

  • Money Market Accounts
  • Corporate Bonds
  • Government Securities
  • Mortgage-backed Securities
  • Municipal Bonds
  • Unit Investment Trusts

        Retirement Plans

  • IRAs
  • Roth IRAs
  • SEPs
  • SIMPLE 401(k)s


Mutual Funds

  • Growth Funds
  • Income Funds
  • Balanced Funds
  • Exchange Traded Funds (ETF's)

               Variable Life Insurance

  • Individual Life
  • Life/LTC Combination Policies


We are confident that you will find DFC an excellent partner in fulfilling your financial objectives. For more information, please call 618-344-1809 or stop by our office, a restored historic home, in downtown Collinsville today.

Member:  SIPC and FINRA 
For more information, go to

Investment Advisory Services provided through DesPain Investment Solutions, Ltd, a State of Illinois registered investment advisor located in Collinsville, Illinois. The use of the term “registered investment adviser” does not imply a certain level of skill or training. Securities are offered through Saxony Securities, Inc., Member FINRA/SIPC. Nothing on this website is intended as legal or tax advice. Please consult with your independent legal or tax advisor to seek advice based on your particular circumstances. For additional information about DesPain Investment Solutions, Ltd, including fees and services, please contact our office for our disclosure statements as set forth on Form ADV. Our Form ADV is also available at the Investment Adviser Public Disclosure website (

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