# REVERE SECURITIES LLC X-17A-5 (2026-03-30) — Broker-dealer annual report
- Company: REVERE SECURITIES LLC
- Form: X-17A-5
- Filed: 2026-03-30
- Period: 2025-12-31
- Accession: 0000728509-26-000002
- CIK: 728509
- File #: 8-30511
- Type: Broker-dealer
- Material weakness: No
- Auditor: RDG Partners, PLLC
- Auditor location: Rochester, NY
- Contact: Scott Fullman
- Phone: 212-688-2661
- Email: ozuluaga@reveresecurities.com
- Website: reveresecurities.com
- Signed by: Scott Fullman (President)
Original filing: https://www.sec.gov/Archives/edgar/data/728509/000072850926000002/11apublic_1.pdf
---
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
> ANNUAL REPORTS FORM X-17A-5 PART II
OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12
#### SEC FILE NUMBER
\* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 Oseas Zuluaga PERSON TO CONTACT WITH REGARD TO THIS FILING 212-688-2098 ozuluaga@reveresecurities.com (Name) (Area Code - Telephone Number) (Email Address) B. ACCOUNTANT IDENTIFICATION INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* RDG + Partners, PLLC 10 Winthrop St. (Address) 7/13/2010 (Name - if individual, state last, first, and middle name) Rochester NY 14607 (City) (State) (Zip Code) 5175 (Date of Registration with PCAOB)(if applicable) (PCAOB Registration Number, if applicable) FOR OFFICIAL USE ONLY A. REGISTRANT IDENTIFICATION NAME OF FIRM: Revere Securities LLC TYPE OF REGISTRANT (check all applicable boxes): Broker-dealer ☐ Security-based swap dealer Major security-based swap participant Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 560 Lexington Avenue, 16th Floor New York (City) (No. and Street) NY (State) 10022 (Zip Code) FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 FILING FOR THE PERIOD BEGINNING January 1, 2025 AND ENDING December 31, 2025 MM/DD/YY MM/DD/YY
CFR 240.17a-5(e)(1)(ii), if applicable. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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#### OATH OR AFFIRMATION
| | I Oseas Zuluaga | |
|--|-----------------|--|
I, Oseas Zuluaga swear (or affirm) that, to the best of my knowledge and belief, the
| financial report pertaining to the firm of Revere Securities LLC | as of |
|------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| December 31 | 2025, is true and correct. I further swear (or affirm) that neither the company nor any |
| | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely |
| as that of a customer.
Notory Pubhe | |
| IVI HAXHAJ |
|-----------------------------------------------------------------|
| Notary Public - State of New York
NO. 01HA6434503 |
| Qualified in Queens County
My Commission Expires Jun 6, 2026 |
| Thie
Chief Financial Officer | |
|---------------------------------|--|
#### This filing\*\* contains (check all applicable boxes):
- Π (a) Statement of financial condition.
- 미 (b) Notes to consolidated statement of financial condition.
- (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).
- Π (d) Statement of cash flows.
- (e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
- (f) Statement of changes in liabilities subordinated to claims of creditors.
- (g) Notes to consolidated financial statements.
- (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
- 미 (i) Computation of tangible net worth under 17 CFR 240.18a-2.
- Π (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.
- 미 (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.
- (1) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
- Π (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
- (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
- Π (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
- (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.
- (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.
- (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- (t) Independent public accountant's report based on an examination of the statement of financial condition.
- (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
- (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- ◉ (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- (x) Supplemental repors on as applicable. anpingagreed unon procedures in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12,
- (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).
- (z) Other:
- \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.
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# Revere Securities LLC
Financial Statements December 31, 2025
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### Table of Contents
| | Page |
|-------------------------------------------------------------------------------------------|--------|
| REPORT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM | 1 |
| FINANCIAL STATEMENTS: | |
| Statement of Financial Condition
Statement of Income | 2
3 |
| Statement of Changes in Member's Equity | 4
5 |
| Statement of Cash Flows
Notes to Financial Statements | 6-14 |
| | |
| SUPPLEMENTAL INFORMATION: | |
| Computation of Net Capital Under Rule 15c3-1 of the
Securities and Exchange Commission | 15-16 |
| REPORT OF EXEMPTION CLAIMED UNDER C.F.R. §240.15c3-3(k) | 17 |
| INDEPENDENT REGISTERED PUBLIC ACCOUNTANT'S | |
| REVIEW REPORT ON REPORT OF EXEMPTION CLAIMED
UNDER C.F.R. §240.15c3-3(k) | 18 |
| STATEMENT OF EXEMPTION FROM RULE 15c3-3 | 19 |
| AGREED-UPON PROCEDURES APPLIED TO FORM SIPC-7 | 20-21 |
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# RDG+Partners
#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Shareholders of Revere Securities, LLC
#### Opinion on the Financial Statements
We have audited the accompanying statement of financial condition of Revere Securities, LLC as of December 31, 2025, the related statements of income, changes in member's equity, and cash flows for the year then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Revere Securities, LLC as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.
#### Basis for Opinion
These financial statements are the responsibility of Revere Securities, LLC's management. Our responsibility is to express an opinion on Revere Securities, LLC's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Revere Securities, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAОВ.
of We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.
#### Auditor's Report on Supplemental Information
responsibility of Revere secntes supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. The supplemental information contained on pages 14 and 15 has been subjected to audit procedures performed in conjunction with the audit of Revere Securities, LLC's financial statements. The supplemental information is the Dro oouritier LLC's management Qur audit procedures included determining whether the
RDG+ Partaers PLLC
We have served as Revere Securities, LLC's auditor since 2016.
Rochester, New York March 26, 2026
-1-
RDG + Partners, PLLC 10 Winthrop Street, Rochester, NY 14607\* Tel 585.673.2600 www.1rdg.com
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#### Statement of Financial Condition December 31, 2025
#### ASSETS
| Cash | \$ 960,739 |
|-----------------------------------------------------|--------------------|
| Cash - restricted | 6,141,837 |
| Marketable securities, at fair value | 255,140 |
| Receivable from clearing brokers | 589,962 |
| Other receivables | 325,895 |
| | 173,601 |
| Prepaid expenses | 75,047 |
| Property and equipment, net | 1,784,033 |
| Due from related parties, net | 578,851 |
| Operating lease right-of-use asset | 82,868 |
| Deposit | |
| | \$ 10,967,973 |
| LIABILITIES AND MEMBER'S EQUITY | |
| LIABILITIES: | |
| Accrued commissions, expenses and other liabilities | \$ 5,568,571
44 |
| Due to clearing broker | 149,474 |
| Note payable | 627,750 |
| Operating lease liability | 6,345,839 |
| | |
| MEMBER'S EQUITY | 4,622,134 |
| | \$ 10,967,973 |
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#### Statement of Income For the Year Ended December 31, 2025
| REVENUES | |
|-------------------------------------------|-------------------------|
| Investment banking | \$ 18,901,932 |
| Commission income | 12,679,705 |
| Management fees | 556,027 |
| Principal transactions | 339,113 |
| Other income | 664,188 |
| | 33,140,965 |
| EXPENSES | |
| Commissions | 21,085,931
3,955,453 |
| Compensation and benefits | |
| Clearing and execution | 1,221,016
623,972 |
| Administrative and general | 413,443 |
| Settlement expense | 381,683 |
| Occupancy | 358,946 |
| Professional fees | 341,266 |
| Insurance | 259,327 |
| Registration and quote fees | 233,471 |
| Travel and entertainment | 93,638 |
| Credit loss | 38,031 |
| Consulting fees | 5,697 |
| Depreciation expense | 29,011,874 |
| | |
| INCOME BEFORE PROVSION FOR INCOME TAXES | 4,129,091 |
| PROVISION FOR INCOМЕ ТАХES | |
| New York pass-through entity taх | (145,328) |
| New York City unincorporated business tax | (203,800) |
| | (349,128) |
| NET INCOME | \$ 3,779,963 |
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### Statement of Changes in Member's Equity For the Year Ended December 31, 2025
| BALANCE AT JANUARY 1, 2025 | \$ 2,742,171 |
|------------------------------|--------------|
| Member distributions | (1,900,000) |
| Net income | 3,779,963 |
| BALANCE AT DECEMBER 31, 2025 | \$ 4,622,134 |
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#### Statement of Cash Flows For the Year Ended December 31, 2025
| CASH FLOWS FROM OPERATING ACTIVITIES: | |
|-----------------------------------------------------------------------------------|--------------|
| Net income | \$ 3,779,963 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |
| Depreciation expense | 5,697 |
| Noncash commission expense | 34,050 |
| Credit loss expense | 93,638 |
| Unrealized loss on marketable securities | 58,635 |
| Net changes in operating assets and liabilities affecting cash flows: | |
| Sales of marketable securities, net | 104,967 |
| Receivable from clearing brokers | 1,453,498 |
| Other receivables | (330,513) |
| Due from related parties | (440,467) |
| Prepaid expenses | (127,447) |
| Accrued commissions, expenses and other liabilities | 870,934 |
| Due to clearing broker | (549,172) |
| Operating lease right-of-use asset and liability, net | 4,957 |
| Net cash provided by operating activities | 4,958,740 |
| | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |
| Princinal nayments on note payable | (526) |
| Member distributions | (900,000) |
| Net cash used in financing activities | (900,526) |
| | |
| NET INCREASE IN CASH AND RESTRICTED CASH | 4,058,214 |
| | |
| CASH AND RESTRICTED CASH: | |
| Beginning of year | 3,044,362 |
| | |
| End of year | \$ 7,102,576 |
| | |
| AS PRESENTED IN THE ACCOMPANYING STATEMENT OF FINANCIAL CONDITION: | \$ 960,739 |
| Cash | 6,141,837 |
| Cash - restricted | |
| | \$ 7,102,576 |
| | |
| SUPPLEMENTAL CASH FLOW INFORMATION: | 287 221 |
| Cash paid for amounts included in measurement of operating lease liability | |
| | \$ 255,000 |
| Cash paid for income taxes - New York pass-through entity tax | |
| | \$ 1,000,000 |
| Noncash financing activity - accrued distributions | |
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## Notes to Financial Statements For the Year Ended December 31, 2025
#### ORGANIZATION 1.
Revere Securities LLC (the Company), a wholly-owned subsidiary of Revere Investment Holdings LLC (Holdings), is a broker/dealer registered with the Securities and Exchange Commission (SEC). The (Holdings), is a member of the Financial Industry Regulatory Authority (FINRA). The Company Company Is a "member of "ity with offices in Florida and Massachusetts, executes principal and agency neadqualitered in New York City with othesecurities and engages in investment advisory and investment transactions in Insted and Uver-the Counter States. The Company also earns commissions from the proven sale of annuity contracts. All customer transactions are cleared on a fully disclosed basis through and sale of almuty contracts. An oasonany does not carry securities accounts for its customers nor does it provide custodial functions related to those securities.
The Company is engaged in a single line of business as a securities broker/dealer, primarily executing investment The Company is engaged in a single into or one over the counter securities and performing investments of the advisory and investment banking services. The Company uses net income to evaluate the results of the Company business, predominantly in the forecasting process, to manage the Company, Additionally, the Company uses excess net capital (see Note 9), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Company's operations constitute a single operating segment and therefore, a single reportable segment Company's operations considera single operating beginent of the Company as a whole. The avouring because the business activites are managed using mormance of the same as those described in the summary of significant accounting policies.
#### SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 2.
Basis of Accounting – The accompanying financial statements have been presented on the accual basis of Basts of Accounting = The accompanying minciples generally accepted in the United States of America.
Cash - The Company considers all cash in banks and short-term in with original maturities of Cash - The Company considers an easil in company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in which, at times, may exceed icanty insured to any significant credit risk. At December 31, 2025, the these accounts and benoves in tricted cash representing a deposits with its clearing brokers.
Receivable from Clearing Brokers – Represents amounts due from the Company's clearing brokers. The Receivable from Clearing Brokers - Represands Board (FASB) Accounting Standards Update No. 2016-Company applies Financial Accounting Standards of Credit Losses on Financial of Credit Losses on Financial 13, Financial Instruments - Crean Eosses (19). Sallowance for credit losses based on an exaluation of Instruments. Accordingly, the Company incusation and past experience of the ecollectable aging adjustability of current economic conditions, and supportable forecasts about future events that affect the collectability of current economic conditions, and supportable rories the expected amount of receivables collected include receivables. Specific factors considered in heasing the expecial other financial condition, the credit the current payor-spective risk characterisms, carem and lively and other factors such as changes in the economy due to interest, inflation and unemployment levels. As of these hase of these financial statements, management believes that the receivables are fully collectible. At December 31, 2025 and financial statements, management beneves marcaded at December 31, 2025. At December 31, 2025 and allowance for estimated credit losses nas been reed \$589,962 and \$2,043,460, respectively.
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## Notes to Financial Statements For the Year Ended December 31, 2025
### 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Other Receivables - Other receivables consist of loans made to various advisors as incentives. Pursuant to the agreements, certain of the loans will be forgiven by the Company and included as compensation upon the uployees meeting the agreed-upon length of service requirements. At December 31, 2025, the loans totaled \$17,000 and are included in other receivables in the accompanying statement of financial condition. There was no allowance for credit losses at December 31, 2025.
Marketable Securities – Marketable securities are recorded at fair value based upon quoted market prices. Murketuble Securities - Marketable obed of the basis of the specific investments sold and are credited or charged to earnings on a trade date basis. The Company classifies its securities as trading securities; as such, realized and unrealized gains and losses are recorded in the statement of income.
Property and Equipment - Property and equipment are stated at cost. Depreciation over the estimated useful lives of the assets is provided using the straight-line method for financial reporting purposes. Leasehold improvements are amortized over the shorter of the useful life of the remaining lease term. Maintenance and repairs are expensed as incurred; significant betterments are capitalized.
Revenue Recognition - The Company records security transactions, including commission income, on a trade-date basis as securities transactions occur. Commissions from the sale of annuity products are trace-date basis as securities thave been signed. Investment banking and advisory fees are recorded when the related services have been completed. See Note 3 for further details.
Income Taxes – The Company is a single member LLC which is wholly-owned by Holdings. As a single member LLC, the Company is a disregarded entity for income tax purposes; accordingly, no income tax provision has been reflected in the accompanying financial statements, except for the New York passthrough entity tax (PTET) and New York City unincorporated business tax (NYCBT).
During the year ended December 31, 2025, the Company elected to pay a Pass-Through Entity Tax Sur its During the year theod December 21, Bursuant to the New York pass-through entity tax provisions. Such Intenter in the annount of \$115,20, parties income tax returns of the member for state tax purposes. In r 12 I hability is anowed as a creat the PTET liability will be allowed as a deduction on the Company's t federal tax return. Additionally, the Company is subject to the NYCBT which is an tax wied on the net income of unincorporated business entities operating in New York City. At December 31, 2025, the moone of unincorporated business 11,2,936 which is included in prepaid expenses in the accompanying statement of financial condition.
The Company recognizes and measures its unrecognized tax benefits in accordance with FASBer Accounting Standards Codification (ASC) 740, Income Taxes. Under this guidance, the Company assesses Accounting Standards Courieation (1100) it , that tax positions will be sustained upon examination based the fixennood, based on their technition available at the end of each period. As of December 31, 2025, the Company had no unrecognized tax benefits recorded in the financial statements.
Holdings files consolidated tax returns which include the income or loss of the Company. Those tax returns may be subject to examination by taxing authorities, however at December 31, and originate 2022 none in progress. Management believes that Holdings is no longer subject to audit for years prior to 2022.
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## Notes to Financial Statements For the Year Ended December 31, 2025
## 2.
Recently Adopted Accounting Standard - In December 2023, the FASB issued ASU 2023-09, Income Toxes (Topic 740) : Improvents to Income Tax Disclosures, which enhances the transpances of income tax disclosures, including additional disaggregation of the effective tax rate reconciliation and income taxes paid. The Company adopted this standard on January 1, 2025. The adoption did not have a matterial impact on the Company's financial position, results of operations, or cash flows, as the guidance affects disclosures only.
Pursuant to the ASU 2023-09, the following table reconciles the U.S. federal statutory income tax rate to the Company's effective income tax rate:
| | | Amount | | |
|-------------------------------------------------------------------------------------------------|---|---------|----------------------|--|
| U.S. federal statutory rate for Limited Liability Companies
New York pass-through entity tax | S | 145.328 | 0.0%
3.6%
4.9% | |
| New York City unincorporated business tax | | 203.800 | | |
| | | 349.128 | 8 5% | |
Annual income taxes paid are disaggregated by federal, state and significant individual jurisdictions as follows for the year ended December 31, 2025:
255,000
New York pass-through entity tax
Use of Estimates - The preparation of financial statements in conformity with accounting principles and Use of Estimates = The preparation of America requires management to make estimates and generally accepted in the Onlied States of assets, liabilities, revenues and expenses reported in the financial statements. Actual results could differ from those estimates.
Subsequent Events - Management has events and transactions that occurred betwere Innuary 1 Subsequent Events - Management has o date these financial statements were available to be issued, for possible disclosure and recognition in the financial statements.
#### REVENUE RECOGNITION 3.
The Company recognizes revenue to depict the transfer of promised goods or services to users in an The Company recognizes to depted to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a fivestion model to: (a) deeming the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine and (e) transaction price, (d) allocate the transaction price to the performance obligation. In the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. In determining the transaction recognize revenue when (or as) the entity salisness a performatit it is probable that a significant price, an entity may include valiable consideration only to the not occur when the uncertainty associated with the variable consideration is resolved.
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## Notes to Financial Statements For the Year Ended December 31, 2025
#### 3. REVENUE RECOGNITION (Continued)
Commission Income - Commission income represents sales commissions generated by advisors for their clients' purchases and sales of various financial instruments. The Company views the selling, distribution and marketing, or any combination thereof, of investment products as a single performance obligation to the product sponsors. The Company is the principal for commission revenue, as it is responsible for the the product sponsors. The Company is the printains relationships with the product sponsors Advisors assist the Company in performing its obligations. Accordingly, total commission revenues are reported on a gross basis. The Company generates two types of commission treveiling as withing as with commission revenue that is recognized at the point of sale on the trade date, and trailing commission revenue that is recognized over time as earned. Sales-based commission revenue varies by the investment product and is based on the amount of purchase and commission schedule for that product. Trailing commission revenue is based on a percentage of the current market value of clients' investment holdings in trail-eligible assets and is recognized over the period the services are performed.
Management Fees - Management fees are earned over the period in which the services are provided.
Principal Transactions - The Company's principal transaction revenue represents fees careed from the underwriting of certain securities. Revenue is recognized upon satisfaction of the related performance obligation which is completion of the underlying transaction.
Investment Banking - Investment banking revenue is recorded when the performance obligation for the Investment banking = investing = investing to engagement, typically at a point in time upon the closing of the related transaction.
Other Income - The Company's other revenues consist of money market rebates, margin intest rebates, Other Income - The Company s only revenues connel of more.
postage and handling rebates and other interest income which is recognized on a monthly basis as earned in accordance with the Company's clearing agreement.
#### INVESTMENTS IN MARKETABLE SECURITIES 4.
The cost and fair value of investments in marketable securities were as follows at December 31, 2025:
| | Cost Basis | | | Unrealized
Losses | Fair Value | |
|---------------------------|------------|----------------------|--|----------------------|------------|-------------------|
| Equity securities
Cash | ಳಿ | 223,656 \$
90.119 | | (58,635) \$ | | 165,021
90.119 |
| | | 313.775 | | (58,635) | | 255,140 |
Fair Value of Financial Instruments - The fair value of the Company's financial instruments is Fair Value of Financial Instruments - The Time Times ate valuation methodologies. The Company's principal financial instruments consist of: cash and cash equivalents, receivales, and payables, Af principal financial instruments consist of: cash and payables and payables, as a result of their short December 31, 2023, Cash and Cash Squarts which reasonably approximate fair value.
{13}------------------------------------------------
## Notes to Financial Statements For the Year Ended December 31, 2025
## 4. INVESTMENT IN MARKETABLE SECURITIES (Continued)
Fair Value of Financial Instruments (Continued) - Under FASB ASC 820, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants most advaliagedus names for the asset of historial hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.
The three levels of the fair value hierarchy under FASB ASC 820 are as follows:
- · Level 1 Inputs to the valuation methodology that consist of unadjusted quoted prices for identical assets or liabilities in active markets that the Company has the ability to access.
- · Level 2 Inputs to the valuation methodology which include: (1) quoted prices for similar assets or liabilities in active markets, (2) quoted prices for identical or similar assets or liabilities in inactive markets, (3) inputs other than quoted prices that are detervation frabilities in mactive markets, (3) inputs or observable market data by correlation or other means.
- · Level 3 Inputs to the valuation methodology that are unobservable and are significant to the overall fair value measurement.
As of December 31, 2025, the Company's cash and cash equivalemstryities. As such the fair value As of December 31, 2025, the Colligally secusing of their short-term maturities. As such, the fair value hierarchy has not been applied in valuing any of these financial instruments.
The Company values its equity securities using prices as reported on active national exchanges. The Company values its equity securities as a may not be indicative of net realizative valuetion methods or This method may produce a far value calentation of the Company believes its valuation methods are reflective of future fall values. Futurents, and includes, the use of different methodologies, or appropriate and consistent with other marker parterpants, and result in a different fair value measurement at the reporting date.
The following table sets forth by level, within the fair value hierarchy, the Company's investments at fair value as of December 31, 2025:
| | | Level 1 | Level 2 __ _ Level 2 | | Level 3 | Total |
|---------------------------|----|----------------------|----------------------|------|---------|-------------------|
| Equity securities
Cash | ಳು | 165,021 \$
90.119 | | - \$ | | 165,021
90.119 |
| | | 255.140 | | | - | - 255.140 |
{14}------------------------------------------------
# Notes to Financial Statements
For the Year Ended December 31, 2025
#### PROPERTY AND EQUIPMENT 5.
Property and equipment consisted of the following at December 31, 2025:
| Leasehold improvements
Equipment
Furniture and fixtures | ಳಿ | 85,456
50.753
30.850
167.059 |
|---------------------------------------------------------------|----|---------------------------------------|
| Less: accumulated depreciation | | (92.012) |
| | | 75.047 |
#### NOTE PAYABLE 6.
The Company has a note payable to the United States Small Business Administration under its Economic I he Company has a note payable to the Office bears interest at 3.75% per annum and requires monthly installments of \$731, including principal and interest, commencing July 2021 through July 2050, with installinens of \$751, including principal ano incollateralized by substantially all of the Company's assets. At December 31, 2025, the outstanding balance of the note was \$149,474.
Future minimum principal payments are as follows for the years ending December 31:
| | 3,222
ಳ |
|------------|------------|
| 2026 | 3,345 |
| 2027 | 3,472 |
| 2028 | 3,605 |
| 2029 | 3,742 |
| 2030 | 132,088 |
| Thereafter | |
| | 149.474 |
#### RELATED PARTY TRANSACTIONS 7.
Related Party Income - During the year ended December 31, 2025, the Company recorded management Related Furry Income - Daring the J Management, LLC (RWM), which is a wholy-owned subsidiary of Holdings. The management fees are derived from income of RWM, net of expenses. Holdings. The management fees are detrived non and earns a management fee related to these services.
Due from Related Parties – Represents amounts owed by Revere Capital Advisors, LLC (RCA), RWM, and Revere Investment Holdings (RH), all affiliated entities related through common foos and verious other primarily related to the Company's expense sharing agreement fees and various other primarily Telated To The Company's expense Sharing age receivable from an officer of the Company.
{15}------------------------------------------------
## Notes to Financial Statements For the Year Ended December 31, 2025
#### 7. RELATED PARTY TRANSACTIONS (Continued)
Due from Related Parties (Continued) - A summary of the activity in the account follows for the year ended December 31, 2025:
| | | Balance at
January 1,
2025 | | Advances | | Repayments | | Balance at
December 31,
2025 |
|-----------------------------------|---|----------------------------------|---|------------------------|----|----------------|---|------------------------------------|
| Due from RWM | S | 280,731 | S | 241.675 | ಕೊ | | S | 522.406 |
| Due from RIH | | 805.831 | | 1.549.293 | | (1,355,000) | | 1,000,124 |
| Due from RCA | | 263.142 | | 116.682 | | (36,186) | | 343.638 |
| Due from officer | | 137,500 | | 261.503 | | (137,500) | | 261.503 |
| Due from former officer | | 200.000 | | | | (200.000) | | |
| | | 1.687,204 | | 2,169,153 | | (1,728,686) | | 2,127,671 |
| Less: allowance for credit losses | | (250.000) | | | | (93.638) | | (343.638) |
| | | | | 1.437,204 \$ 2.169,153 | | \$ (1,822,324) | | \$ 1.784.033 |
At December 31, 2025, an allowance for credit loss of \$343,638 was recorded against the due from RCA and is included in credit loss expense in the accompanying statement of income.
Expense Sharing Arrangement - The Company and RCA share various expenses including rent telephone, insurance, payroll and others. During the year ended December 31, 2025, the related expenses telephone, insurance, payron and others. Daning the accompanying financial statements as follows:
| | (65,501)
A |
|-----------|---------------|
| Occupancy | (33,120) |
| Payroll | 5,864 |
| Telephone | 4.987 |
| Other | |
| | (87.630)
ಳ |
#### COMMITMENTS AND CONTINGENCIES 8.
Lease Obligations - The Company leased three offices during 2025 - one ucated in Florida, one located in Massachusetts, and one located in New York. The Florida agreement was renewed through February in Massachusetts, and one 10caled in Nols ranging from \$3,713 to \$4,017 over the term of the Massabusett 2028 and provides for monthy base renals narging one share of operating expenses. The Massachusetts plus additional announts for the Company's preped through January 2028, requiring monthly base rental lease matured in October 2024 and Was Tenevent, plus additional anounts for the parts for the payments ranging from \$10,500 to oro,500 expenses. The New York lease matures in February 2027 and Company's proportionale share of operating expenses. The agreement, plus additional amounts for the Company's proportionate share of operating expenses.
The Company applies the provisions of ASC Topic 842 to its lease agenements. Accordingly, the The Company determines if an arrangement is a lease, or contains a lease, at inception of a contract and when the terms of an existing contract are changed.
{16}------------------------------------------------
## Notes to Financial Statements For the Year Ended December 31, 2025
#### 8. COMMITMENTS AND CONTINGENCIES (Continued)
Lease Obligations (Continued) - The Company recognizes a lease liability and a right of use (ROU) asset Lease Outgations (Comments) - The lease liability is initially and subsequently recognized based on the commenteement date of the lease payments. The discount rate is the implicit rate if it is readily determinable or otherwise the incremental borrowing rate which is the rate of interest the Company would have to pay on a collateralized basis to borrow an amount equal to the lease payments unders immar terms at nave to pay on a conalcianzed basis of other ROU asset is subsequently measured over the lease term at the amount of the remeasured lease liability (i.e. present value of the remaining lease the versertied unamortized initial direct costs, plus or minus any prepaid or accrued lease payments, less the mamortized unamoritied intral direct costs, pras of impairment recognized. Lease cost for lease payments is recognized on a straight-line basis over the lease term.
At December 31, 2025, the Company had a \$627,750 operating lease liability and instrastal borrowing At December 31, 2023, the Compair had a namial condition calculated using an incremental borrowing lease right-of-use asset on its Statement of Indical remaint all leases is 1.68 years. Total rent expense for 2025 was \$381,683. Future minimum rent payments required under these agreements follow:
| 2026
2027 | 422,449
S
218.893 |
|------------------------------------------------------------------------------------|-------------------------------|
| 2028
Total contractual future minimum rental payments
Less: imputed interest | 18.835
660,177
(32.427) |
| Operating lease liability at December 31, 2025 | 627.750 |
Legal Proceedings - In the normal course of business, the Company may be named as a defendant in Legal Proceedings = In the normal coalse or vasities timestigations and processor. Two of these proceedings December 31, 2025, the Company was involved with several legal procedings astlements accuration December 31, 2025, the Company was inverted of \$774,814 was paid, including settlements accrued a were settled totaling \$404,700, or which a toal of included in accrued expension with lace acompanying December 31, 2024. At Decention 31, 2023, 007,000 is management after consultation with financial statement of thancial conding against the Company that would have a material effect on the financial statement of the Company as of March 26, 2026.
Retirement Plan - The Company maintains a 401(k) profit sharing plan for subsantially all employees. Retrement Plan = The Contrally mamanis a 10 the plan in accordance with Internal Revenue Code Elightion limits. The Company's contributions to the plan are made at the discretion of the Board of contribution intins. The Company contributions made during the year ended December 31, 2025.
Off-Balance Sheet Credit Risk - In the normal course of its business, the Company indemnities and Off-Ballance Sneet Crean Risk - In the nemal custody agents, trustees and administrators guarantees certain service providers, such as cleaning and an agent of, or providing services to, against specified potential losses in connection what the Company could be required to the Company. The maximum potential announc of the Company believes that it is unlikely make under these indemnifications callifor be estimated. However, and has not recorded any contingent liability in the financial statements for these indemnifications.
{17}------------------------------------------------
## Notes to Financial Statements For the Year Ended December 31, 2025
#### 8. COMMITMENTS AND CONTINGENCIES (Continued)
Off-Balance Sheet Credit Risk (Continued) - The Company provides representations and warranties to Off-Builties in connection with a variety of commercial transactions and occasionally agrees to indemnify them against potential losses caused by the breach of those representations and warranties. These indemnifications generally are standard contractual terms and are entered into in the normal course of business. The maximum potential amount of future payments that the Company could be in explired to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and has not recorded any contingent liability in the financial statements.
In the normal course of business, the Company's customer activities involve the execution, sentlement and In the normal customer securities transactions. The Company uses an unaffiliated clearing brokerdealer to execute certain customer transactions. Such transactions may expose the Company and the clearing broker-dealer to significant off-balance-sheet risk in the event margin requirements are not sufficient to fully cover losses which customers may incur. In the event customers fail to satisfy their obligations, the Company may be required to purchase or sell financial instruments at prevaling market obligations, the Company may of required to parce to parce ... The Company does not expect noncertorials by prices in order to furin the Customers' obsiguiter the may potential losses will be material.
#### NET CAPITAL REQUIREMENTS 9.
The Company is subject to the SEC Uniform Net Capital Rule (SEC Rule 15c3-1), which requires the secures The Company is subject to the SEC Online ratio of aggregate indebtedness to net capital of S2 144 637 mainenance of inimum net capital and requires and 1025, the Company had net capital of \$2,144,637,
both as defined, not exceed 15 to 1. At December 31, 2024, 66, and a retis both as demied, not excess of its required net capital of \$384,466, and a ratio of aggregate indebtedness to net capital of 2.689 to 1.0.
{18}------------------------------------------------
Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission For the Year Ended December 31, 2025
| 1. Total member's equity from statement of financial condition | |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------|
| 2. Deduct: member's equity not allowable for net capital | |
| 3. Total member's equity qualified for net capital | 4,622,134 |
| 4. Add:
A. Liabilities subordinated to claims for general creditors allowable in
computation of net capital
B. Other (deductions) or allowable credits | |
| 5. Total capital and allowable subordinated liabilities | 4,622,134 |
| 6. Deductions and/or charges:
A. Total non-allowable assets from statement of financial condition
B. Security demand note deficiency
C. Commodity futures contracts and spot commodities
D. Other deductions and/or charges | (2,439,226) |
| 7. Other additions and/or allowable credits | |
| 8. Net capital before haircuts on securities positions | 2,182,908 |
| 9. Haircuts on securities:
A. Contractual securities commitments
B. Subordinated securities borrowings
C. Trading and investment securities:
1. Exempted securities
2. Debt securities
3. Options
4. Other securities
D. Undue concentration | (38,271) |
| E. Other | |
| 10. Net capital | 2,144,637
ਦਿੱ |
(Continued)
{19}------------------------------------------------
Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission For the Year Ended December 31, 2025
#### COMPUTATION OF BASIC NET CAPITAL REQUIREMENT
| 11. Minimum net capital required (6 2/3% of line 19) | S | 384,466 | | | | |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|---------------------------------|--|--|--|--|
| 12. Minimum dollar net capital requirement of reporting broker and dealer | ತಿ | 100,000 | | | | |
| 13. Net capital requirement (greater of line 11 or 12) | ಕ್ಕಾ | 384,466 | | | | |
| 14. Excess net capital (line 10 less line 13) | ಕ್ಕಾ | 1,760,171 | | | | |
| 15. Net capital less greater of 10% of line 19 or 120% of line 12 | S | 1,567,938 | | | | |
| COMPUTATION OF AGGREGATE INDEBTEDNESS | | | | | | |
| 16. Total A. I. liabilities from statement of financial condition | S | 5,766,988 | | | | |
| 17. Add:
A. Drafts for immediate credit
B. Market value of securities borrowed for which no equivalent value
is paid or credited
C. Other unrecorded amounts | | | | | | |
| 18. Deduct: adjustment based on deposits in special reserve accounts | | | | | | |
| 19. Total aggregate indebtedness | સ્ત્ર | 5,766,988 | | | | |
| 20. Percentage of aggregate indebtedness to net capital (line 19 divided by line 10) | | 268.90% | | | | |
| Reconciliation with Computation Included in Part IIA of Focus Report as of December 31, 2025: | | | | | | |
| Net capital, as originally reported in the Company's Part II (unaudited) FOCUS report | S | 2,737,732 | | | | |
| Audit adjustments to cash, receivables, marketable securities and operating lease assets
Audit adjustments to bank loans, accounts payable and accrued expenses
Other audit adjustments | | 331,237
(920,209)
(4,123) | | | | |
| Net capital, per audited financial statements | | 2,144,637 | | | | |
(Concluded)
{20}------------------------------------------------
# Report of Exemption Claimed Under C.F.R.§240.15c3-3(k) December 31, 2025
To the best of my knowledge and belief, Revere Securities LLC claims exemption from 17 C.F.R. §240.15c3-10 the best of inf Anomeage on provision) for the entire year ended December 31, 2025.
To the best of my knowledge and belief, Revere Securities LLC has met the identified exemption provision under To the best of my knowledge and beiner Rever Securities the marked December 31, 2025 as described in paragraph (d)(4)(jii) of this seption without exception.
Oseas Zuluaga, Chief Financial Officer
{21}------------------------------------------------
# RDG - Partners
#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Member of Revere Securities, LLC
We have reviewed managements, included in the accompanying Exempion Report, in which Revere Securities We nave reviewed mailagements stations, including provisions of 17 O.F.R. \$15c.3 (k) under which Revere Securities Revere Securities, LLC Identified the following provisions of (r)(2)(i) (exemption provisions) and (2) LLC claimed an exemplions from 17 C. . . . 3246. 1500 c. ((1)(2)(1) and visions throughout the most recent fiscal Revere Securities, LLC stated that the lackting on one partifical of compliance with the exemption provisions and its statements.
Our review was conducted in accordance with the standards of the Public Ompany Acounting Oversight Board Our review was conducted in accordance will the started broadines to obtain evidence about Revere
(United States) and, accordingly, included inquiries and other requires to o (United States) and, accordingly, included inquires and other requires substantially less in scope than an Securities, LLC s compliance with the exemplon provisions. A rowledgements statements. Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that should be made to management's Based on our revew, we are not aware of ally thatelia in all material reseats, based on the provision set forth in
statements referred to above for them o be fairly stated, i statements releired to above for them to be faily other in Securities Exchange Act of 1934.
Rochester, New York March 26, 2026
> RDG + Partners, PLLC 10 Winthrop Street, Rochester, NY 14607 \* Tel 585.673.2600 www.1rdg.com
{22}------------------------------------------------
Computation for Determination of Reserve Requirements and Information Relating to Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission December 31, 2025
Computation for determination of reserve requirements and information relating to possession or control Collipulation of "Getemmanon" of reserverites and Exchange Commission are inapplicable since the Company is exempt from such rule pursuant to paragraphs (k)(2)(i) and (ii).
{23}------------------------------------------------
# RDG - Partners
#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES
#### Board of Directors of Revere Securities, LLC
We have performed the procedures included in Rule 17a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities Investor Protection Corporation (SIPC) Series 600 Rules, which are enumerated below on the accompanying General Assessment Reconciliation (Form SIPC-7) for the year ended December 31, 2025. Management of Revere Securities, LLC (the Company) is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7.
Management of the Company has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting you and SIPC in evaluating the Company's compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2025. Additionally, SIPC has agreed to and acknowledged that the procedures performed are appropriate for their intended purpose. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose. The procedures we performed and our associated findings are as follows:
- 1) Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entries, noting no differences;
- 2) Compared the Total Revenue amounts reported on the Annual Audited Report Form X-17A-5 Part III for the year ended December 31, 2025 with the Total Revenue amount reported in Form SIPC-7 for the year ended December 31, 2025, noting no differences;
- 3) Compared any adjustments reported in Form SIPC-7 with supporting schedules and working papers, noting no differences;
- 4) Recalculated the arithmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers supporting the adjustments, noting no differences; and
- 5) Compared the amount of any overpayment applied to the current assessment with the Form SIPC-7 on which it was originally computed, noting no differences.
We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICPA and in accordance with the engagement the Public Company Accounting Oversight Board (United States). We were not engaged to and did otandards of the Pagins to a review engagement, the objective of which would be the expression of an opinion not condusion, respectively, on the Company's Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2025. Accordingly, we do not express such an opinion or on I on on on on on the your additional procedures, other matters might have come to our attention that would have been reported to you.
We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.
This report is intended solely for the information and use of the Company and SIPC and is not intended to be and should not be used by anyone other than these specified parties.
Rochester, New York March 26, 2026
> RDG + Partners, PLLC 10 Winthrop Street, Rochester, NY 14607 \* Tel 585.673.2600 www.1rdg.com -19
{24}------------------------------------------------
SIPC-7 37 REV 0722
#### SECURITIES INVESTOR PROTECTION CORPORATION
SIPC-7 37 REV 0722
#### GENERAL ASSESSMENT FORM
For the fiscal year ended \_12/31/2025
| | | Determination of "SIPC NET Operating Revenues" and General Assessment for:
MEMBER NAME
REVERE SECURITIES LLC | SEC No.
8-30511 | |
|---|----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|------------------|
| | | For the fiscal period beginning _ 1/1/2025 | and ending 12/31/2025 | |
| 1 | | Total Revenue (FOCUS Report - Statement of Income (Loss) - Code 4030) | | \$ 33,140,965.00 |
| 2 | | Additions: | | |
| | | a Total revenues from the securities business of subsidiaries (except foreign
subsidiaries) and predecessors not included above. | | |
| | | b Net loss from principal transactions in securities in trading accounts. | | |
| | c Net loss from principal transactions in commodities in trading accounts. | | | |
| | | d Interest and dividend expense deducted in determining item 1. | | |
| | | e Net loss from management of or participation in the underwriting or
distribution of securities. | | |
| | | f Expenses other than advertising, printing, registration fees and legal fees
deducted in determining net profit management of or participation in
underwriting or distribution of securities. | | |
| | | g Net loss from securities in investment accounts. | \$ 28,797.00 | |
| | | h Add lines 2a through 2g. This is your total additions. | | \$ 28,797.00 |
| 3 | | Add lines 1 and 2h | | \$ 33,169,762.00 |
| 4 | | Deductions: | | |
| | | a Revenues from the distribution of shares of a registered open end investment
company or unit investment trust, from the sale of variable annuities, from the
business of insurance, from investment advisory services rendered to
registered investment companies or insurance company separate accounts
and from transactions in security futures products. | | |
| | | b Revenues from commodity transactions. | | |
| | | c Commissions, floor brokerage and clearance paid to other SIPC members
in connection with securities transactions. | | |
| | | d Reimbursements for postage in connection with proxy solicitations. | | |
| | | e Net gain from securities in investment accounts. | | |
| | | f 100% commissions and markups earned from transactions in (I) certificates
of deposit and-(ii) Treasury bills, bankers acceptances or commercial paper
that mature nine months or less from issuance date. | | |
| | | g Direct expenses of printing, advertising, and legal fees incurred in connection
with other revenue related to the securities business (revenue defined by
Section 16(9)(L) of the Act). | | |
| | | h Other revenue not related either directly or indirectly to the securities business.
Deductions in excess of \$100,000 require documentation | \$ 605,365.00 | |
| | | 5 a Total interest and dividend expense (FOCUS Report - Statement
of Income (Loss) - Code 4075 plus line 2d above) but
not in excess of total interest and dividend income | | |
| | | b 40% of margin interest earned on customers securities accounts
(40% of FOCUS Report - Statement of Income (Loss) -
\$ 33,865.00
Code 3960) | | |
| | | c Enter the greater of line 5a or 5b | \$ 33,865.00 | |
| | | 6 Add lines 4a through 4h and 5c. This is your total deductions. | | \$ 639,230.00 |
{25}------------------------------------------------
| SIPC-7 | 37 REV 0722 | SECURITIES INVESTOR PROTECTION CORPORATION | | | SIPC-7
37 REV 0722 | |
|--------------------|-----------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------|-----------------------------------------|-----------------------|--|
| | GENERAL ASSESSMENT FORM | | | | | |
| | | | For the fiscal year ended 12/31/2025 | | | |
| 7 | | Subtract line 6 from line 3. This is your SIPC Net Operating Revenues. | | | \$ 32,530,532.00 | |
| 8 | Multiply line 7 by .0015. This is your General Assessment. | | | | \$ 48,795.00 | |
| 9 | Current overpayment/credit balance, if any | | | | \$ 0.00 | |
| 10 | General assessment from last filed 2025 SIPC-6 or 6A | \$ 24,918.00 | | | | |
| | d Add lines 11a through 11c | 11 a Overpayment(s) applied on all_2025 SIPC-6 and 6A(s)
b Any other overpayments applied
c All payments applied for 2025 SIPC-6 and 6A(s) | \$ 0.00
\$ 0.00
\$ 24,918.00 | \$ 24,918.00 | | |
| 12 | LESSER of line 10 or 11d. | | | | | |
| 13 | a Amount from line 8
b Amount from line 9
c Amount from line 12 | | | \$ 48,795.00
\$ 0.00
\$ 24,918.00 | \$ 24,918.00 | |
| | d Subtract lines 13b and 13c from 13a. This is your assessment balance due. | \$ 23,877.00 | | | | |
| 14 | Interest (see instructions) for _ 21 days late at 20% per annum | | | | | |
| 15 | Amount you owe SIPC. Add lines 13d and 14. | | | | \$ 24,152.00 | |
| | | 16 Overpayment/credit carried forward (if applicable) | | | \$ 0.00 | |
| SEC No.
8-30511 | MEMBER NAME | Designated Examining Authority
DEA: FINRA
REVERE SECURITIES LLC
MAILING ADDRESS 560 LEXINGTON 16TH FLR
NEW YORK, NY 10022 | FYE
2025 | Month
Dec | | |
| | | | | | | |
Subsidiaries (S) and predecessors (P) included in the form (give name and SEC number)
By checking this box, you certify that you have the authority of the SIPC member to sign this
member, you are authorized, and do hereby consent, to the storage and handling by SIPC of the data in accordance with SIPC's Privacy Policy
| REVERE SECURITIES LLC | Scott H Fullman
(Authorized Signatory)
sfullman@reveresecurities.com
(e-mail address) | | |
|------------------------------------------------------|------------------------------------------------------------------------------------------------|--|--|
| (Name of SIPC Member) | | | |
| 3/23/2026 | | | |
| (Date) | | | |
| omnletion of the "Authorized Signatory" line will be | | | |
Completion of the "Authorized Signatory" line will be deemed a signature.
This form and the assessment payment are due 60 days after the end of the fiscal year.
Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.