# Manning & Napier Investor Services, Inc X-17A-5 (2023-02-28) — Broker-dealer annual report - Company: Manning & Napier Investor Services, Inc - Form: X-17A-5 - Filed: 2023-02-28 - Period: 2022-12-31 - Accession: 0000862060-23-000006 - CIK: 862060 - File #: 8-42468 - Type: Broker-dealer - Material weakness: No - Auditor: PricewaterhouseCoopers LLP - Auditor location: Fairport, NY - Contact: Michelle OBrien - Phone: 585-504-2189 - Email: mobrien@manning-napier.com - Website: manning-napier.com - Signed by: Michelle O'Brien (Treasurer) Original filing: https://www.sec.gov/Archives/edgar/data/862060/000086206023000006/mnbd2022_3.pdf --- {0}------------------------------------------------ ### UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Oct. 31, 2023 # ANNUAL REPORTS FORM X-17A-5 PART III | Estimated average burde | | |-------------------------|----| | hours per response: | 12 | | SEC FILE NUMBER | | | | | ### FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 01/01/22 12/31/22 AND ENDING FILING FOR THE PERIOD BEGINNING MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION NAME OF FIRM: Manning & Napier Investor Services, Inc. TYPE OF REGISTRANT (check all applicable boxes): = Broker-dealer | Security-based swap dealer | Major security-based swap participant O Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 290 Woodcliff Drive (No. and Street) Fairport NY 14450 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Michelle O'Brien (585) 325-6880 MObrien@Manning-Napier.com (Name) (Area Code - Telephone Number) (Email Address) B. ACCOUNTANT IDENTIFICATION INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* PricewaterhouseCoopers LLP (Name - if individual, state last, first, and middle name) 300 Willowbrook Office Park Suite 300 Fairport 14450 NY (Address) (City) (State) (Zip Code) 238 10/20/2003 (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 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. {1}------------------------------------------------ ### OATH OR AFFIRMATION | Michelle O'Brien | _ swear (or affirm) that, to the best of my knowledge and belief, the | | |-------------------------------------------------------------------------------------|-----------------------------------------------------------------------|-------| | financial report pertaining to the firm of Manning & Napier Investor Services, Inc. | | as of | 12/3 1 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. | JENNY L. LEACH | |--------------------------------------| | NOTARY PUBLIC - STATE OF NEW YORK | | No. 01LE6150084 | | Qualified in Monroe County | | My Commissfort Expires July 24, 2026 | | | | Notary Parolio | | | Signature: michelle Obsmin Title: Treasurer ### This filing \*\* contains (check all applicable boxes): - (a) Statement of financial condition. - = (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). - (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. - [ (i) Computation of tangible net worth under 17 CFR 240.18a-2. - □ {j} Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Exhibit A to 17 CFR 240.18a-4, as applicable. - [ (I) 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. - = (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capible net worth under 17 CFR 240.15c3-1, 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 240.18a-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 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 reports on applying agreed upon procedures, in accordance with 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). - | (z) Other: - \*\* To request confidential treatment of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.180-7(d)(2), as applicable. {2}------------------------------------------------ # Manning & Napier Investor Services, Inc. (SEC I.D. No. 8-42468) Financial Statements as of and for the Year Ended December 31, 2022 Supplemental Schedule as of December 31, 2022 Report of Independent Registered Public Accounting Firm {3}------------------------------------------------ | *43683+2)*4*2)*28 *,.78*6*)9'0.(((3928.2,.61 | | |------------------------------------------------------------------------------------------------------------------------|--| | .2&2(.&0!8&8*1*287&73+&2)+368-*%*&62)*)*(*1'*6
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@;@41&;??1??5;:;>;:@>;8'1=A5>191:@?*:01>'A81 / | | **&,\*** {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ### **Report of Independent Registered Public Accounting Firm** 7RWKH%RDUGRI'LUHFWRUVDQG6KDUHKROGHURI 0DQQLQJ 1DSLHU,QYHVWRU6HUYLFHV,QF ### *Opinion on the Financial Statements* We have audited the accompanying statement of financial condition of Manning & Napier Investor Services, Inc. (the "Company") as of December 31, 2022 and the related statements of operations, changes in shareholder's equity, and cash flows for the year then ended, including 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 the Company as of December 31, 2022 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 the Company's management. Our responsibility is to express an opinion on the Company'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 the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit of these financial statements 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 of 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. ### *Supplemental Information* The accompanying Computation of Net Capital for Brokers and Dealers Pursuant to Rule 15c3-1 Under the Securities Exchange Act of 1934 and Computation for Determination of Reserve Requirements and Information Relating to the Possession or Control Requirements Under Rule 15c3-3 as of December 31, 2022 (collectively, the "supplemental information") has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental information is the responsibility of the Company's management. Our audit procedures included determining whether the 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 {5}------------------------------------------------ ![](_page_5_Picture_0.jpeg) 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 Rule 17a-5 under the Securities Exchange Act of 1934. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. Fairport, NY February 28, 2023 We have served as the Company's auditor since 2007. {6}------------------------------------------------ ### **&22.2,-&4.\*62:\*7836!\*6:.(\*72(** (@-@191:@;25:-:/5-8;:05@5;: 1/19.1> | 77*87 |

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| {8}------------------------------------------------ # Manning & Napier Investor Services, Inc. Statement of Changes in Shareholder's Equity Year Ended December 31, 2022 | | Common Stock | | | Additional
Paid-In | | Retained | | Total
Shareholder's | | | |-----------------------------------|--------------|--|--------|-----------------------|-----|----------|----------|------------------------|--------|--| | (in thousands, except share data) | Shares | | Amount | Capital | | | Earnings | | Equity | | | Balance-December 31, 2021 | 7,789,372 | | 78 | | 876 | | 314 | | .268 | | | Net Income | | | | | | | | | | | | Balance-December 31, 2022 | 7,789,372 | | 78 | | 876 | | 322 | | 1.276 | | The accompanying notes are an integral part of these financial statements. {9}------------------------------------------------ | &7-+03;7+63134*6&8.2,&(8.:.8.*7 |
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| )41>1->1:;9-@1>5-805221>1:/1?.1@C11:@41/;91?1:@1041>15:-:0@4-@>1<;>@10.E@41 ;9<-:E5:5@?A:-A05@10-91:010&->@ ;2;>9+ 2585:3-?;2!-:A->E {16}------------------------------------------------ #### **&22.2,-&4.\*62:\*7836!\*6:.(\*72(** ;91@1>95:-@5;:;2'1?1>B1'1=A5>191:@?-:0 :2;>9-@5;:'18-@5:3 @;@41&;??1??5;:;>;:@>;8'1=A5>191:@?\*:01>'A81 / 1/19.1> ### **<\*148.32#2)\*6338238\* 3+! \*0\*&7\*3 &7\*\*20&.1\*)** ;901@1>95:-@5;:;2>1?1>B1>1=A5>191:@?-:05:2;>9-@5;:>18-@5:3@;@41<;??1??5;:;>/;:@>;8 >1=A5>191:@??A-:@@;'A81 / ->1:;@5:/8A0105:@45??A<<8191:@-8?/410A81-?@41;9<-:E5?>18E5:3;: ;;@:;@1;2@41('181-?1\$; -0;<@5:3-91:091:@?@; ' G - {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) ### **Report of Independent Registered Public Accounting Firm** To the Board of Directors of Manning & Napier Investor Services, Inc. We have reviewed Manning & Napier Investor Services, Inc.'s assertions, included in the accompanying Manning & Napier Investor Services, Inc.'s Exemption Report, in which the Company stated that: (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. § 240. 15c3-3, and (2) The Company is filing its Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to (i) mutual fund underwriter or sponsor; (ii) mutual fund retailer subscription basis; (iii) broker or dealer selling variable life insurance or annuities; (iv) broker or dealer selling tax shelters or limited partnerships in primary distributions; (v) private placements of securities; and (vi) fee-based mergers and acquisitions, divestitures, valuations, capital structure analysis, debt restructuring, and IPO advisory services, and the Company (i) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription basis where the funds are payable to the issuer or its agent and not to the Company); (ii) did not carry accounts of or for customers; and (iii) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the year ended December 31, 2022, except as described in its exemption report with respect to the following: The following shareholder check for investment in Manning & Napier Fund, Inc. (the "Fund") was received in connection with the mutual fund retailer subscription basis business activity by a registered person outside of the Company's designated offices and not promptly transmitted (i.e., by 12 pm the next business day) to the Fund's sub-transfer agent for processing: | Number of checks | Date received by registered | Date transmitted to Fund's | |------------------|-----------------------------|----------------------------| | | person | sub-transfer agent | | 1 | 6/10/22 | 6/13/22 | The following shareholder check for investment in Manning & Napier Fund, Inc. (the "Fund") was received in connection with the mutual fund retailer subscription basis business activity at the Company's main office and was not promptly transmitted (i.e., by 12 pm the next business day) to the Fund's sub-transfer agent for processing: | Number of checks | Date received at Company's | Date transmitted to Fund's | | |------------------|----------------------------|----------------------------|--| | | main office | sub-transfer agent | | | 1 | 10/26/22 | 11/2/22 | | The Company's management is responsible for the assertions and for compliance with the provisions of Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 throughout the year ended December 31, 2022. {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about the Company's compliance with the provisions of Footnote 74 of the SEC Release No. 34- 70073 adopting amendments to 17 C.F.R. § 240.17a-5. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's assertions. 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 assertions referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5. Fairport, New York February 28, 2023 {19}------------------------------------------------ ![](_page_19_Picture_2.jpeg) ### **Manning & Napier Investor Services, Inc.'s Exemption Report** Manning & Napier Investor Services, Inc**.** (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. § 240.15c3-3 and - (2) The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R § 240.17a-5 because the Company limits its business activities exclusively to: (i) mutual fund underwriter or sponsor; (ii) mutual fund retailer subscription basis; (iii) broker or dealer selling variable life insurance or annuities; (iv) broker or dealer selling tax shelters or limited partnerships in primary distributions; (v) private placements of securities; and (vi) fee-based mergers and acquisitions, divestitures, valuations, capital structure analysis, debt restructuring, and IPO advisory services, and the Company (i) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription basis where the funds are payable to the issuer or its agent and not to the Company); (ii) did not carry accounts of or for customers, and (iii) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year, except as described below: The following shareholder check for investment in Manning & Napier Fund, Inc. (the "Fund") was received in connection with the mutual fund retailer subscription basis business activity by a registered person outside of the Company's designated offices and not promptly transmitted (i.e., by 12 pm the next business day) to the Fund's sub-transfer agent for processing: | Number of checks | Date received by registered | Date transmitted to Fund's | |------------------|-----------------------------|----------------------------| | | person | sub-transfer agent | | 1 | 6/10/22 | 6/13/22 | The following shareholder check for investment in Manning & Napier Fund, Inc. (the "Fund") was received in connection with the mutual fund retailer subscription basis business activity at the Company's main office and was not promptly transmitted (i.e., by 12 pm the next business day) to the Fund's sub-transfer agent for processing: *Manning & Napier Investor Services, Inc. is a member of FINRA* {20}------------------------------------------------ ![](_page_20_Picture_1.jpeg) | Number of checks | Date received at Company's
main office | Date transmitted to Fund's
sub-transfer agent | |------------------|-------------------------------------------|--------------------------------------------------| | 1 | 10/26/22 | 11/2/22 | Manning & Napier Investor Services, Inc. I, Michelle M. O'Brien, swear (or affirm) that, to my best knowledge and belief, this Exemption Report pertaining to the firm of Manning & Napier Investor Services, Inc. is true and correct. By: \_\_\_\_\_\_\_\_\_\_\_\_\_\_ Michelle M. O'Brien Title: Treasurer February 28, 2023 ### CONFIDENTIAL *Manning & Napier Investor Services, Inc. is a member of FINRA* {21}------------------------------------------------ ![](_page_21_Picture_0.jpeg) ### **Report of Independent Accountants** To the Board of Directors of Manning & Napier Investor Services, Inc. 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) of Manning & Napier Investor Services, Inc. (the "Company") for the year ended December 31, 2022. Management of Manning & Napier Investor Services, Inc. is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7. In an agreed-upon procedures engagement, we perform specific procedures that the Company has agreed to and acknowledged to be appropriate for the intended purpose of the engagement and we report on findings based on the procedures performed. 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, 2022. 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 the associated findings are as follows: - 1. Compared the listed assessment payments on page 1, items 2B and 2G of Form SIPC-7 with the respective cash disbursement records entries. No payments were made in 2022 as an overpayment was carried forward from the prior year. - 2. Compared the Total Revenue amount reported on page 6 of the Annual Audited Report Form X-17A-5 Part III for the year ended December 31, 2022 to the Total revenue amount of \$8,308,034 reported on page 2, item 2a of Form SIPC-7 for the year ended December 31, 2021, noting no differences. - 3. Compared any adjustments reported on page 2, items 2b and 2c of Form SIPC-7 with the supporting schedules and working papers, as follows: - a. No additions identified within item 2b. - b. Compared deductions on line 2c.(1), 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, of \$8,090,896 to supporting schedules and working papers provided by Michelle O'Brien, Treasurer, noting no differences. {22}------------------------------------------------ ![](_page_22_Picture_0.jpeg) - 4. Recalculated the arithmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers obtained in procedure 3, as follows: - a. Recalculated the mathematical accuracy of the SIPC Net Operating Revenues on page 2, line 2d and the General Assessment @ .0015 on page 2, line 2e of \$217,138 and \$325.71, respectively of the Form SIPC-7, noting no differences. - 5. Compared the amount of any overpayment applied to the current assessment on page 1, item 2C of Form SIPC-7 with page 1, item 2H of the Form SIPC-7 filed for the prior period ended December 31, 2021 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 American Institute of Certified Public Accountants and in accordance with the standards of the Public Company Accounting Oversight Board (United States). We were not engaged to, and did not conduct an examination or review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Company's Form SIPC-7 and on its compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2022. Accordingly, we do not express such an opinion or conclusion. Had we performed 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 Board of Directors of Manning & Napier Investor Services, Inc. and the Securities Investor Protection Corporation and is not intended to be, and should not be, used by anyone other than these specified parties. Fairport, NY February 28, 2023 {23}------------------------------------------------ | SIPC-7 | | |----------------|--| | (36-REV 12/18) | | ### **SIPC-7 SIPC-7** SECURITIES INVESTOR PROTECTION CORPORATION Mail Code: 8967 P.O. Box 7247 Philadelphia, PA 19170-0001 #### (36-REV 12/18) (36-REV 12/18) **General Assessment Reconciliation** For the fiscal year ended **\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_** 2022 (Read carefully the instructions in your Working Copy before completing this Form) ### **TO BE FILED BY ALL SIPC MEMBERS WITH FISCAL YEAR ENDINGS** 1. Name of Member, address, Designated Examining Authority, 1934 Act registration no. and month in which fiscal year ends for purposes of the audit requirement of SEC Rule 17a-5: 42468 FINRA DEC Manning & Napier Investor Services Inc ATTN: Samantha Larew 290 Woodcliff DR Fairport, NY 14450-4212 Note: If any of the information shown on the mailing label requires correction, please e-mail any corrections to form@sipc.org and so indicate on the form filed. Name and telephone number of person to contact respecting this form. Michelle O'Brien (585)325-6880 | 2. A. General Assessment (item 2e from page 2) | \$ | 325.71 | |--------------------------------------------------------------------------------------------------------------------|----|---------------| | B. Less payment made with SIPC-6 filed (exclude interest) | ( | ) | | Date Paid
C. Less prior overpayment applied | ( | 4,852.24
) | | D. Assessment balance due or (overpayment) | | (4,526.53) | | E. Interest computed on late payment (see instruction E) for______days at 20% per annum | | | | F. Total assessment balance and interest due (or overpayment carried forward) | \$ | (4,526.53) | | r the box
G. PAYMENT:
Check mailed to P.O. Box T Funds Wired TACH T
\$
Total (must be same as F above) | | | | \$(
H. Overpayment carried forward | ) | | 3. Subsidiaries (S) and predecessors (P) included in this form (give name and 1934 Act registration number): | The SIPC member submitting this form and the
person by whom it is executed represent thereby
that all information contained herein is true, correct | Manning
&
Napier
Investor
Services,
Inc. | | | |-----------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------|--| | and complete. | mobrien | (Name of Corporation, Partnership or other organization)
Digitally signed by mobrien
Date: 2023.02.24 14:36:47 -05'00' | | | | | (Authorized Signature) | | | February
23
Dated the
day of
, 20 | Treasurer | | | | | | (Title) | | | | | | | **This form and the assessment payment is due 60 days after the end of the fiscal year. Retain the Working Copy of this form for a period of not less than 6 years, the latest 2 years in an easily accessible place.** | WER | Dates: | Postmarked | Received | Reviewed | | |------------|--------------|----------------------------|----------|---------------|--------------| | SIPC REVIE | Calculations | | | Documentation | Forward Copy | | | Exceptions: | | | | | | | | Disposition of exceptions: | | | | {24}------------------------------------------------ ### **DETERMINATION OF "SIPC NET OPERATING REVENUES" AND GENERAL ASSESSMENT** | Amounts for the fiscal period | | | |-------------------------------|------------|--| | beginning | 1/01/2022 | | | and ending | 12/31/2022 | | (to page 1, line 2.A.) | | and ending
12/31/2022 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------| | Item No.
2a. Total revenue (FOCUS Line 12/Part IIA Line 9, Code 4030) | Eliminate cents
8,308,034
\$ | | 2b. Additions:
(1) Total revenues from the securities business of subsidiaries (except foreign subsidiaries) and
predecessors not included above. | | | (2) Net loss from principal transactions in securities in trading accounts. | | | (3) Net loss from principal transactions in commodities in trading accounts. | | | (4) Interest and dividend expense deducted in determining item 2a. | | | (5) Net loss from management of or participation in the underwriting or distribution of securities. | | | (6) Expenses other than advertising, printing, registration fees and legal fees deducted in determining net
profit from management of or participation in underwriting or distribution of securities. | | | (7) Net loss from securities in investment accounts. | | | Total additions | | | 2c. Deductions:
(1) 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. | 8,090,896 | | (2) Revenues from commodity transactions. | | | (3) Commissions, floor brokerage and clearance paid to other SIPC members in connection with
securities transactions. | | | (4) Reimbursements for postage in connection with proxy solicitation. | | | (5) Net gain from securities in investment accounts. | | | (6) 100% of 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. | | | (7) 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). | | | (8) Other revenue not related either directly or indirectly to the securities business.
(See Instruction C): | | | (Deductions in excess of \$100,000 require documentation) | | | (9) (i) Total interest and dividend expense (FOCUS Line 22/PART IIA Line 13,
Code 4075 plus line 2b(4) above) but not in excess
\$
of total interest and dividend income. | | | (ii) 40% of margin interest earned on customers securities
\$
accounts (40% of FOCUS line 5, Code 3960). | | | Enter the greater of line (i) or (ii) | | | Total deductions | 8,090,896 | | 2d. SIPC Net Operating Revenues | 217,138
\$ | | 2e. General Assessment @ .0015 | 325.71
\$ | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.