Full text of MARTIN NELSON & CO., INC.'s X-17A-5 filed 2026-03-02 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION DECEMBER 31, 2025 {1}------------------------------------------------ # **C O N T E N T S** ### **Page** | FACING PAGE1 | | |--------------------------------------------------------------------|--| | OATH OR AFFIRMATION<br>2 | | | REPORT OF<br>INDEPENDENT REGISTERED PUBLIC ACCOUNTING<br>FIRM<br>3 | | ## **FINANCIAL STATEMENTS** | STATEMENT OF FINANCIAL CONDITION4 | | |------------------------------------|--------------| | STATEMENT OF OPERATIONS5 | | | STATEMENT OF STOCKHOLDER'S EQUITY6 | | | STATEMENT OF CASH FLOWS<br>7 | | | NOTES TO FINANCIAL STATEMENTS<br> | 8<br>-<br>13 | ### **SUPPLEMENTARY INFORMATION** | SCHEDULE I – | COMPUTATION OF NET CAPITAL PURSUANT TO RULE 15c3-1 | | 15 | |---------------|-------------------------------------------------------------------------------------------------------------|-----------------------|----| | SCHEDULE II – | COMPUTATION FOR DETERMINATION OF THE RESERVE REQUIREMENTS | | | | AND | INFORMATION RELATING TO POSSESSION OR CONTROL REQUIREMENTS UNDER | | | | | SEC RULE 15c3‐3…………………………………………………………………………………………………………………………………….16 | | | | | | | | | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING<br>REPORT………………………………………………………………………………………………………………………17 | FIRM ON THE EXEMPTION | | {2}------------------------------------------------ ## **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 SEC FILE NUMBER 8-00831 #### **ANNUAL AUDITED REPORT** ## **FORM X-17A-5 PART III** ### **FACING PAGE** ## Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | REPORT FOR<br>THE PERIOD BEGINNING | 01/01/25<br>MM/DD/YY | AND ENDING | | 12/31/25<br>MM/DD/YY | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------|------------|----------------------------|-------------------------| | | A. REGISTRANT IDENTIFICATION | | | | | NAME OF FIRM:<br>MARTIN NELSON & CO., INC. | | | | | | TYPE OF REGISTRANT (check all applicable boxes):<br>x Broker-dealer<br>☐<br>Security-based swap dealer<br>☐<br>Major security-based swap participant<br>☐Check here if respond…Read the full text as markdown