# DMG SECURITIES,INC. X-17A-5 (2026-02-23) — Broker-dealer annual report - Company: DMG SECURITIES,INC. - Form: X-17A-5 - Filed: 2026-02-23 - Period: 2025-12-31 - Accession: 0000749830-26-000002 - CIK: 749830 - File #: 8-32235 - Type: Broker-dealer - Material weakness: No - Auditor: Sanville & Company - Auditor location: Huntingdon Valley, PA - Contact: James R. Guntle III - Phone: 703-757-9900 - Signed by: James R. Guntle III (President/CCO/FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/749830/000074983026000002/dmgshort2025.pdf --- {0}------------------------------------------------ **DMG SECURITIES, INC. Financial Statement December 31, 2025** {1}------------------------------------------------ # DMG Securities, Inc. TABLE OF CONTENTS December 31, 2025 | ANNUAL AUDITED FOCUS REPORT FACING PAGE | | | | | |---------------------------------------------------------------------------------------|--|--|--|--| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
ON THE FINANCIAL STATEMENT | | | | | | FINANCIAL STATEMENTS | | | | | | Statement of Financial Condition | | | | | | Notes to Financial Statement | | | | | {2}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB APPROVAL OMB Number: ϯϮϯϱͲϬϭϮϯ Expires: KĐƚ͘ϯϭ͕ϮϬϮϯ Estimated average burden hours per response: # **ANNUAL REPORTS FORM X-17A-5 PART III** SEC FILE NUMBER 8-32235 | | | FACING PAGE | | | | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------|------------------------------------------------------------|--------|-----------------|--------------------------------------------| | Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | | 01/01/2025 | | | 12/31/2025 | | FILING FOR THE PERIOD BEGINNING _____________________ AND ENDING ______________________ | | MM/DD/YY | | | MM/DD/YY | | | | A. REGISTRANT IDENTIFICATION | | | | | DMG
NAME OF FIRM: _______________________________________________________________________ | Securities, | Inc. | | | | | TYPE OF REGISTRANT (check all applicable boxes):
܆
܆
Broker-dealer
܆ Check here if respondent is also an OTC derivatives dealer | Security-based swap dealer | ܆ | | | Major security-based swap participant | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | 746
Walker
Road,
_____________________________________________________________________________________ | Suite
10 | | | | | | | | (No. and Street) | | | | | Great
_____________________________________________________________________________________ | Falls | VA | | | 22066 | | (City) | | (State) | | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | James
R.
Guntle | III | 703-757-9900 | | | | | _____________________________________________________________________________________
(Name) | | (Area Code – Telephone Number) | | (Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
Sanville
&
Company
_____________________________________________________________________________________ | | | | | | | | | (Name – if individual, state last, first, and middle name) | | | | | 2617
Huntingdon
_____________________________________________________________________________________ | Pike | Huntingdon | Valley | PA | 19006 | | (Address) | | (City) | | (State) | (Zip Code) | | 09/18/2003
_____________________________________________________________________________________ | | | 169 | | | | (Date of Registration with PCAOB)(if applicable) | | | | | (PCAOB Registration Number, if applicable) | | | | FOR OFFICIAL USE ONLY | | | | | * 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 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.** {3}------------------------------------------------ #### OATH OR AFFIRMATION | James R. Guntle III
swear (or affirm) that, to the best of my knowledge and belief, the | | |-----------------------------------------------------------------------------------------------------------------------------------------|-------| | financial report pertaining to the firm of DMG Securities, Inc. | as of | | 2 025 is true and correct. I further swear (or affirm) that neither the company nor any
December 31 | | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified soley | | | as that of a customer. | | | | | | Signature: | | | | | | Title: | | | Principal Financial Officer | | | | | | Notary Public | | | | | | This filing ** contains (check all applicable boxes): | | | (a) Statement of financial condition. | | | (b) Notes to consolidated statement of financial condition. | | | J {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). | | | (d) Statement of cash flows. | | | 1 (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. | | | (f); statement of changes in liabilities subordinated to claims of creditors. | | | 1 (g) Notes to consolidated financial statements. | | | J (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. | | | [i) Computation of tangible net worth under 17 CFR 240.18a-2. | | | (i) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. | | | (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. | | | (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. | | | J (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of 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. | | | 1 (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 240.18a-7, as applicable. | | | (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. | | | Is (skemption report in accordance with 17 CFR 240.18a-7, as applicable. | | | (t); ndependent public accountant's report based on an examination of the statement of financial condition. | | | (u).lndependent public accountant's report based on an examination of the financial statements under 17 | | | 240 172-5 17 CER 240 182-7 or 17 CER 240 172-12 ac anniicahlo | | - □ (v){ ndependent public accountant's report based on an examination of certain statements in the compliance report under 17 CF 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 CF 240.18a-7, as applicable. | {x} upplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - [] {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}. - O (z) Other: \_ かなかなかったときとなるとことなり、 \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.180-7(d)(2), as applitable. {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** To the Board of Directors and Those Charged with Governance DMG Securities, Inc. ### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of DMG Securities, Inc. (the Company) as of December 31, 2025, and the related notes (collectively, the financial statement). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement 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 the Company in accordance with U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. 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 statement is free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, 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 statement. 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 statement. We believe that our audit provides a reasonable basis for our opinion. We have served as the Company's auditor since 2000. Huntingdon Valley, Pennsylvania February 14, 2026 2617 Huntingdon Pike Huntingdon Valley, Pennsylvania 19006 215.884.8460 {5}------------------------------------------------ **DMG Securities, Inc. Statement of Financial Condition December 31, 2025** ### **Assets** | Cash and cash equivalents
Receivables: | \$
327,218 | |------------------------------------------------------------|---------------| | Clearing broker | 38,935 | | Deposit with clearing broker | 15,000 | | Prepaid expenses | 24,548 | | Total assets | \$
405,701 | | Liabilities and Stockholder's Equity | | | Liabilities | | | Commissions payable | \$
16,064 | | Accrued expenses | 201,107 | | Total liabilities | 217,171 | | Stockholder's Equity: | | | Common stock, \$.01 par value, authorized - 10,000 shares, | | | issued and outstanding - 6,000 shares | 60 | | Additional paid-in capital | 71,040 | | Retained earnings | 117,430 | | Total stockholder's equity | 188,530 | | Total liabilities and stockholder's equity | \$
405,701 | The accompanying notes are an integral part of this financial statement {6}------------------------------------------------ #### 1. Organization DMG Securities, Inc. ("the Company") is a registered broker with the Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA"). The Company is incorporated under the laws of the state of Delaware. The Company, like other broker dealers, is directly affected by general economic and market conditions, including fluctuations in volume and price level of securities, changes in interest rates and securities brokerage services, all of which have an impact on the Company's liquidity. # 2. Summary of Significant Accounting Policies # The following are the significant accounting policies followed by the Company: Revenue - Commissions - The Company buys and sells securities on behalf of its customers. Each time a customer enters into a buy or sell transaction, the Company charges a commissions and related clearing charges are recorded on a settlement date basis because its clearing firm reports the trades as such, generally the second business day following the transaction date. This is not materially different from trade date. The trade date is the Company fills the trade order by finding and contracting with a counterparty and confirms the trade with the customer. The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying financial instrument or purchaser is identified, the pricing is agreed upon and the risks and rewards of ownership of the securities have been transferred to/from the customer. Income taxes – No provision has been made for income taxes since the Company has elected to be taxed under the provision of Subchapter S of the Internal Revenue Code and similar state provisions. The Company is not taxed at the entity level. The Company recognizes and discloses uncertain tax positions in accordance with accounting principles generally accepted in the United States of America (GAAP). As of, and during the year ended December 31, 2025 the Company did not have liability for unrecognized tax benefits. The Company is no longer subject to examination by federal and state taxing authorities prior to 2022. Concentration of credit risk – The Company maintains its cash in bank deposit accounts, which at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk related to cash. Use of estimates - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates and assumptions. Subsequent events - Management has evaluated the impact of all subsequent events through the date the financial statements were issued and has determined that there were no subsequent events requiring disclosure in these financial statements. {7}------------------------------------------------ ### 2. Segment Reporting - The Accounting Standards Update (ASU) 2023-07 issued by the Financial Accounting Standards Board (FASB) introduced enhancements to segment reporting requirements for public entities, including broker-dealers. The update aimed to improve the transparency and usefulness of financial disclosures for investors and other stakeholders. ASU 2023-07 disclosure requirements are effective for fiscal years starting after December 15, 2023. The Company has identified its President as the Chief Operating Decision Maker as specified in the ASU 2023-07. Company management reviewed the ASU 2023-07 disclosure requirements and determined that no additional disclosures are required as the Company has only one reportable segment. ### 3. The Company maintains a clearing agreement with National Financial Services, LLC ("NFS"). Under the agreement the Company maintains a clearing deposit of \$15,000. #### 4. Net Capital Requirements The Company is a member of the FINRA and is subject to the SEC Uniform Net Capital Rule 15c3-1. This Rule requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. Net capital and the related net capital ratio may fluctuate on a daily basis. At December 31, 2025 the Company had net capital and capital requirements of \$154,887 which was \$104,887 in excess of its required net capital of \$50,000. The Company's net capital ratio was 1.40 to 1. #### 5. Operating Leases The Company leases its office space under a lease which is cancelable with sixty days written notice. The lease terminates March 1, 2026. The current monthly rental is \$5,863. The monthly rental is subject to a three percent annual increase. The Company's future minimum lease payment is two month's rent. Rent expense totaled \$88,724 for the year ended December 31, 2025. The Company also leases storage space on a month-to-month basis. The rent expense for such space was \$558 for the year ended December 31, 2025. #### 6. Concentrations of Credit Risk The Company is engaged in brokerage activities in which counterparties primarily include other broker dealers. In the event counterparties do not fulfill their obligations, the Company may be exposed to risk. The risk of default depends on the creditworthiness of the counterparty or issuer of the financial product. #### 7. Commitments and Contingencies The Company is exposed to various asserted and unasserted potential claims encountered in the normal course of business. As of December 31, 2025, and through the date of this report there were no such claims. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.