# WORLD CHOICE SECURITIES, INC. X-17A-5 (2026-03-19) — Broker-dealer annual report - Company: WORLD CHOICE SECURITIES, INC. - Form: X-17A-5 - Filed: 2026-03-19 - Period: 2025-12-31 - Accession: 0000892897-26-000004 - CIK: 892897 - File #: 8-45235 - Type: Broker-dealer - Material weakness: No - Auditor: HHH CPA Group, Inc - Auditor location: Columbus, OH - Contact: Robert K Cargin - Phone: 6144360231 - Email: r.cargin@wcsrep.com - Website: wcsrep.com - Signed by: Robert K Cargin (President) Original filing: https://www.sec.gov/Archives/edgar/data/892897/000089289726000004/WCS_X-17A-5.pdf --- {0}------------------------------------------------ UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION Washington, o.c. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 # ANNUAL REPORTS FORM X-17 A-5 PART Ill | SEC FILE NUMBER | |-----------------| | 8-45235 | 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 | 01
/01
/2025 | AND
ENDING | I2/31
/2025 | |---------------------------------------------|--------------------|---------------|----------------| | | | | | MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION # NAMEoFFIRM:World Choice Securities, Inc. TYPE OF REGISTRANT (check all applicable boxes): [a Broker-dealer € Security-based swap dealer € Check here if respondent is also an OTCderivatives dealer € Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.0. box no.) | 7650
Rivers
Edge
Drive,
Suite
260 | | | | | | | | |---------------------------------------------------------------------------------------------|-------------------------------------|---------------------|------------|--|--|--|--| | (No. and Street) | | | | | | | | | Columbus | OH | | 43235 | | | | | | (City) | (State) | | (Zip Code) | | | | | | PERSON TO CONTACT
WITH
REGARD TO THIS FILING | | | | | | | | | Robert
K
Cargin | 614-433-0231 | r.cargin@wcsrep.com | | | | | | | (Name) | (Area
Code -Telephone
Number) | (Email
Address) | | | | | | | B. ACCOUNT
ANT
IDENTIFICATION | | | | | | | | | INDEPENDENT
PUBLIC ACCOUNTANT
whose
reports
are contained
in this
filing* | | | | | | | | | HHH
CPA
Group,
Inc | | | | | | | | | (Name-if
individual,
state
last, first,
and middle
name) | | | | | | | | | 1250
0ld
Henderson
Rd. | Columbus | OH | 43220 | | | | | | (Address) | (CttV) | (State) | (Zip Code) | | | | | | 12/21/2010
5344 | | | | | | | | (Date of Registration with PCAOB%ifapplicable) (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.l7a-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 | 1, Robert K Cargin | swear
(or
affirm)
that,
to
the
best
of
my
knowledge
and
belief,
the | |--------------------|---------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | # Notary Public # This filing\*\* contains (check all applicable boxes): - @ (a)Statementoffinancialcondition. - @ (b)Notestoconsolidatedstatementoffinancialcondition. - ! (c) Statement ofincome (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. - O (e) Statement of changes in stockholders' or partners" or sole proprietor's equity. - [1] (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.l5c3-1 or 17 CFR 240.l8a-1, as applicable. - € (i) Computation of ta ngible net worth under 17 CFR 240.l8a-2. - € (j)ComputationfordeterminationofcustomerreserverequirementspursuanttoExhibitAtol7CFR240.15c3-3. - [1 (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.l5c3-3 or Exhibit A to 17 CFR 240.l8a-4, as applicable. - € (l) Computation for Determination of PAB Requirements under Exhibit A to § 240.l5c3-3. - € (m) Information relating to possession or control requirements for customers under 17 CFR 240.l5c3-3. - € (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.l5c3-3(p)(2) or 17 CFR 240.l8a-4, as applicable. - € (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.l5c3-1, 17 CFR 240.l8a-1, or 17 CFR 240.l8a-2, as applicable, and the reserve requirements under 17 CFR 240.l5c3-3 or 17 CFR 240.l8a-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. - jl (q) Oath or affirmation in accordance with 17 CFR 240.l7a-5, 17 CFR 240.l7a-12, or 17 CFR 240.l8a-7, as applicable. - € (r) Compliance report in accordance with 17 CFR 240.l7a-5 or 17 CFR 240.l8a-7, as applicable. - @ (s) Exemption report in accordance with 17 CFR 240.l7a-5 or 17 CFR 240.l8a-7, as applicable. - € (t) Independent public accountant's report based on an examination of the statement of financial condition. - @ (u)Independentpublicaccountant'sreportbasedonanexaminationofthefinancialreportorfinancialstatementsunderl7 CFR 240.l7a-5, 17 CFR 240.l8a-7, or 17 CFR 240.l7a-12, as applicable. - € (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.l7a-5 or 17 CFR 240.l8a-7, as applicable. - @ (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.l7a-5 or 17 CFR 240.l8a-7, as applicable. - @ (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.l5c3-le or 17 CFR 240.l7a-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.l7a-12(k). - € (z) Other: - \*\*To request confidential treatment of certain portions of this fiting, see 17 CFR240.l7a-S(e)(3) or 17 CFR240.l8a-7(d)(2), as applicable. {2}------------------------------------------------ # FINANCIAL STATEMENTS # DECEMBER 31 2025 | Report
of
Independent
Registered
Public
Accounting
Firm | 1 | |---------------------------------------------------------------------------------------------------------------------------------------|----| | Statement
of
Financial
Condition | 3 | | Statement
of
Income | 4 | | Statement
of
Stockholder
s
Equity | 5 | | Statement
of
Cash
Flows | 6 | | Notes
to
Financial
Statements | 7 | | Supplementary
Information
Required
by
SEC
Rule
17a-5 | | | Schedule
I | 12 | | Report
of
Independent
Registered
Public
Accounting
Fhrm
on
Applying
Agreed-Upon
Procedures | 13 | | Schedule
of
Assessment
and
Payment
to
the
Securities
Investor
Protection
Corporation
(SIPC)
Under | | | Rule
17a-5(e)
(4)
of
the
Securities
and
Exchange
Commission | 15 | | Report
of
Independent
Registered
Public
Accounting
Firm | 16 | | Exemption
Report | 17 | | Statement
on
Exemption
from
Computation
of
Reserve
Requirement | 18 | {3}------------------------------------------------ Nick I)if(artolomco, Cl!l 13riim Sclmeidcr, CI% ![](_page_3_Picture_1.jpeg) Rick I)ti+niis, CP!1 James Pctcrs, CP/1 # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors of World Choice Securities, Inc. Westerville, Ohio # Opinion on the Financial Statements We have audited the accompanying statements of financial condition of World Choice Securities, Inc. (an S corporation) as of December 31, 2025, and the related statements of income, changes in stockholder's equity, and cash flows for the year then ended, and the related notes and schedules (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of World Choice Securities, Inc. as of December 31, 2025, and the results of its operations and its cash flows for the years 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 World Choice Securities, Inc.'s management. Our responsibility is to express an opinion on World Choice Securities, Inc.'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 World Choice Securities, Inc. 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 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 exarnining, 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. {4}------------------------------------------------ # Supplemental Information The schedule of Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission, Schedule of Aggregate Indebtedness, Schedule of Assessment and Pa3mient to the Securities Investor Protection Corporation (SIPC) Under Rule 17a-5(e)(4) of the Securities and Exchange Commission, and Statement on Exemption from Computation of Reserve Requirement and Information for Possession or Control Requirements Under Rule 15c3-3 of The Securities and Exchange Commission have been subjected to audit procedures performed in conjunction with the audit of World Choice Securities, Inc.'s financial statements. The supplemental information is the responsibility of World Choice Securities, Inc.'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 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.l7a-5. In our opinion, the Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission, Schedule of Aggregate Indebtedness, Schedule of Assessment and Payment to the Securities Investor Protection Corporation (SIPC) Under Rule 17a-5(e)(4) of the Securities and Exchange Commission, and Statement on Exemption from Computation of Reserve Requirement and Information for Possession or Control Requirements Under Rule 15c3-3 of The Securities and Exchange Commission is fairly stated, in all material respects, in relation to the financial statements as a whole. NHHC,PFI(m-4, ,2,LC HHH CPA Group, LLC We have served as World Choice Securities, Inc.'s auditor since 2020. Columbus, Ohio March 3, 2026 {5}------------------------------------------------ # STATEMENT OF FINANCIAL CONDITION AS OF DECEMBER 31, 2025 #### ASSETS | Cash | 74,129 | |-------------------------------------------------------------------|-------------| | Restricted
cash
and
equivalents | 50,
000 | | Total
cash | 124,
129 | | Receivable
from
broker-dealers
and
clearing
dealer | 67,
211 | | Total
current
assets | 191,
340 | | Long
term
assets | | | | 191,340 | #### LIABILITIES AND STOCKHOLDERS' EQUITY | Accounts
payable
Cornrnissions
payable
Accrued
liabilities
Related
Party
payable | 23,
237
33,
235
12,
000
7,
800 | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------| | Total
current
liabilities | 79,
272 | | Subordinated
debt | | | Total
current
liabilities | 79,
272 | | Stockholder's
equity:
Common
stock,
par
value
SIO
per
share,
25,
000
shares
authorized,
800
shares
issued
and
outstanding
Additional
paid
in
capital
Retained
earnings | El,000
85,
912
18
, 156 | | Total
stockholders'
equity | 112,
068 | | | S,191340 | The accompanying notes are an integral part of these financial statements. {6}------------------------------------------------ # STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 2025 REVENUES : | Commissions
Income
Investment
Advisory
12b-1
Fees
Fee
Income
Other
Income
Interest
income | | | 561,
870
184,
570
176,
227
11,
645
37,
273
42,
661 | |---------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------|----|-------------------------------------------------------------------------------------| | | Total
revenues | 1, | 014,
246 | | OPERATING
EXPENSES
: | | | | | Comrns
s S l ons
Payroll
Expense
Clearing
House
Charges
Insurance
Registration
&
Regulatory
General
and
administrative | | | 526,
716
127,
516
60,
888
21,
262
17,
423
160,
371 | | | Total
operating
expenses | | 914,
176 | | | Total
Operating
Income | | 100,
070 | | Other
income
(expenses) | | | o | | | Total
other
income
(expenses) | | o | | NET
INCOME | | | 100,
070 | The accompanying notes are an integral part of these financial statements {7}------------------------------------------------ STATEMENT OF STOCKHOLDERS' EQUITY FOR THE YEAR ENDED DECEMBER 31, 2025 | Common
Stock: | | | |--------------------------------------------|---|--------------| | Balance
at
beginning
of
period | | 8,
000 | | Shares
issued
/
(redeemed) | | | | Balance
at
end
of
period | | 8,000 | | Additional
Paid
In
Capital: | | | | Balance
at
beginning
of
period | S | 85,912 | | Contributed
capital | | | | Balance
at
end
of
period | | 85,
912 | | | | | | Retained
Earnings
: | | | | Balance
at
beginning
of
period | | 18,
062 | | Net
Income | | 100,
070 | | Distributions | | (99,
976) | | Balance
at
end
of
period | | 18,156 | | | | | | Total
stockholder'
s
equity | | S 112,068 | The accompanying notes are an integral part of these financial statements {8}------------------------------------------------ # STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2025 # CASH FLOWS FROM OPERATING ACTIVITIES: | Net
income | S | 100,070 | |---------------------------------------------------------------------------------------------------------------------------------|---|-------------------------------------------------------| | Adjustment
to
reconcile
net
income
to
net
cash
provided
by
operating
activities | | | | Debt
forgiveness
(Increase)
decrease
in: | | | | Receivable
from
broker-dealers
and
clearing
organi
zation
Increase
(decrease)
in: | | 1,
046 | | Accounts
payable
Commissions
payable
Accrued
liab.ilities
Related
party
payable
Total
adjustments | | 17,
132
565
1,
800
7,800
28,
343 | | Net
cash
prov;ded
by
(used
in)
operating
activities | | 128,
413 | | CASH
FLOWS
FROM
INVESrING
ACTIVITIES | | | | Cash
flows
from
investing
activities | | o | | Cash
flow
from
financing
activities
Distributions
to
members | | (99,
976) | | Net
cash
flows
from
operating
activities | | (99,
976) | | Net
change
in
cash | | 28,
437 | | Cash
and
restricted
cash
at
beginning
of
period | | 95,
692 | | Cash
and
restricted
cash
at
end
of
period | | S,124129 | | Supplemental
disclosures:
Interest
paid | | | | Income
taxes
paid | | | The accompanying notes are an integral part of these financial statements {9}------------------------------------------------ ### NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 #### (1) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: History and organization World Choice Securities, Inc. (the Company) a Texas corporation was established in September of 1992 and changed its name on March 27, 1997. On October 1, 2017, 12% of the Company was sold to an individual and 88% was sold to the individual' s firm, WCS Financial Group, Inc. Effective January 1, 2020 WCS Financial Group, Inc. purchased 12'oa of the Company from an individual. Effective January 1, 2020 WCS Financial Group, Inc. owns 100% of the Company. Accounting policies The financial statements of the Company have been prepared on an accrual basis in accordance with generally accepted accounting principles. Cash and cash equivalents For purposes of the statement of cash flows, the Company considers all clearing deposits and money market accounts to be cash equivalents. Receivable from dealers The Company uses the direct write off method for recording uncollectible receivables from dealers. Management has determined that the receivables from dealers are totally collectible. Property and equipment are carried at cost. The Company has a policy a minimum amount are expensed as incurred. and betterments that extend the useful lives capitalized. Expenditures for maintenance and as incurred. Property and equipment whereby property additions below Expenditures for major renewals of property and equipment are repairs are charged to expense Advertising costs Advertising costs are expensed as incurred. Total cost was S918.00. < This portaon of the page intentionally left blank. > {10}------------------------------------------------ # NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 #### (1) SY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) : Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and di.sclosures. Accordingly, actual results could differ from these estimates. Investments The Company records marketable securities at fair market value. Upon the sale of marketable securities, gain or loss is included in the income statement. Actual cost is used in computing gain or loss. Currently the company has no marketable investments. Compensated absences Compensated absences have not been accrued because the amount cannot be reasonably estimated. #### (2) PROPERTY AND EQUIPMENT: The Company currently leases the building, on a month-to-month lease from a related party. equipment, and furnishings See note 6. (3) FEDERAL INCOME TAXES : Effective January 1, 2020, under the provision of Subchapter those provisions, its taxable income. federal income taxes the parent S of the the Company does not pay Instead, the shareholders on their respective shares company has elected to be taxed Internal Revenue Code. Under Federal corporate income taxes on are liable for individual of net income. #### (4) REVENUE FROM CONTRACTS WITH CUSTOMERS: Investment Advisory Fees- The company earns investment advisory fees from contracts with customers and through third-party advisers to provide asset management and financial planning services. Management fees are assessed quarterly in arrears or at the beginning of the quarter. Fees are billed directly to customers or customer accounts when authorized and by a third-party adviser who forwards a portion of fees to World Choice through a Solicitors Agreement. The Company may contract with a customer to charge a flat fee based on work performed in account planning or analysis. Fees are recognized in the calendar quarter services are performed. {11}------------------------------------------------ ### NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2024 #### (4) REVENUE FROM CONTRACTS WITH CUSTOMERS (Continued) Introducing Broker/Dealer Revenue from Clearing Firm- The company earns commissions and fees from transactions and account handling in accounts held at the Company's clearing firm RBC Custody and Clearing, LLC, whereby World Choice has introduced the customer as a correspondent of RBC. Brokerage and Insurance Commissions and Fees- The Company earns commissions and fees from customer contracts for investment company products, annuities, insurance policies and alternative investments such as REITs or oil and gas programs. Accounts are established by way of direct application with the sponsor with World Choice as the broker of record. Revenue 15 earned according to Selling Agreements with sponsors and recognized in the period it was earned. #### (5) RELATED PARTY TRANSACTION: World Choice Securities Inc. is a subsidiary of WCS Financial Group, Inc. Durxng 2024, related party transactions include dividends paid to the parent company. World Choice Securities, Inc. pays rent to RFG Properties, LLC which entity is under common ownership with WCS Financial Group. Month to month rent payments include leased space and furnished property and equipment for the year totaled !-i46, 800. 00 of which S7, 800 remained payable at year end. #### (6) NET CAPITAL REQUIREMENTS : The Company introduces transactions and accounts of customers or other brokers or dealers to RBC Custody & Clearing LLC and is subject to SEC rule 15c 3-1 (a) (2) (iv) which states the firm will maintain a minimum net capital of not less than S5, 000, or 6 :/.3g. of Aggregate Indebtedness. At December 31, 2025, the Company has net capital of S118, 711 which is S113, 426 in excess of its required net capital of S5, 285. #### (7) SUBSEQUENT EVENTS: The Company evaluated subsequent events after the statement of financial position date of December 31, 2025 through March 2, 2026, which was the date the financial statements were issued, and concluded that no additional disclosures are required. {12}------------------------------------------------ # NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 #### (8) SINGLE REPORTABLE SEGMENT: The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of services, including principal transactxons, agency transactions, investment banking, investment advisory and insurance business. The Company has identified its President as the chief operating decision maker ("CODM") who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital, 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 operatxons constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. #### (9) REGULATORY REVIEW AND CONTINGENCY: The Company 15 currently subject to an ongoing regulatory review by a U.S. regulatory agency relating to compliance with certain industry rules and reporting requirements. As of the date of these financial statements, the review remains in progress and the regulator has not issued any findings, conclusions, or assessments. Under ASC 450, Contingencies, management is required to evaluate whether a loss is probable, reasonably possible, or remote, and whether such loss can be reasonably estimated. Based on information currently available, management cannot conclude that a loss is probable, and no estimate of potential fines or penalties can be reasonably determined at this time. Accordingly, no liability has been recorded in the accompanying financial statements. Management believes that while an unfavorable outcome is reasonably possible, the amount of any such loss, if any, cannot be estimated due to the preliminary status of the review, the absence of specific examiner findings, and the inherent uncertainty of regulatory matters. The Company will continue to monitor the review and will record a liability if and when a loss becomes probable and reasonably estimable. #### (10 ) RECEIVABLES AND AJ-LOWANCE FOR CREDIT LOSSES : are uncollateralized broker obligations and advisory fees requiring payment within 30 days The Company generally collects receivables within 30 charge xnterest on receivables with invoice dates over 30 Receivables receivable due under normal trade terms from the report date. days and does not days old. {13}------------------------------------------------ # NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2025 ### (10) RECEIVABLES AND ALLOWAISJCE FOR CREDIT LOSSES(CONTINUED) : The carry'xru:) amount of receivables is reduced by a valuation allowance that reflects management's best estimate of the amounts that will not be collected. FASB ASC 326-20 requires the Company to estimate expected credit losses over the life of its financial assets and certain off-balance sheet exposures as of the reporting date based on relevant information about past events, current conditions, and reasonable and supportable forecasts. Additionally, management estimates an allowance for the ar:ygrergate remaining recexvables based on historical collectability. In the opinion of management, at December 31, 20XX, all receivables were considered collectible and have been collected prior to this report. The Company's receivables from broker-dealers and clearing organizations include amounts receivable from unsettled trades, including amounts related to futures and options on futures contracts executed on behalf of customers, amounts receivable for securities failed to deliver, accrued interest receivables and cash deposits. A portion of the Company's trades and contracts are cleared through a clearing organization and settled daily between the clearing organization and the Company. Because of this daily settlement, the amount of unsettled credit exposures is limited to the amount owed the Company for a very short period of time. The Company continually reviews the credit quality of its counterparties < This portion of the page intentionally left blank. > {14}------------------------------------------------ # COMPUTATION OF NET CAPITAT- UNDER RULE 15C 3-1 OF THE SECURITIES AND EXCHANGE COMMISSION AS OF DECEMBER 31, 2025 #### SCHEDULE I #### NET CAPITAL | TOTAL
STOCKHOLDERS'
EQUITY | S 119,
818 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------| | DEDUCTI
ONS | (1,
107) | | ADDITIONS | o | | NET
CAPITAL
BEFORE
HAIRCUTS
HAIRCUTS
ON
TRADING
AND
INVESTMENT
SECURITIES | 118,
711
(O) | | NET
CAPITAL | S
118
711 | | | | | AGGREGATE
INDEBTEDNESS | | | ACCOUNTS
PAYABLE
AND
ACCRUED
EXPENSES | S
79,272 | | TOTAL
AGGREGATE
INDEBTEDNESS | S
yg:-i: | | | | | COMPUTATION
OF
BASIC
NET
CAPITAL
REQUIREMENTS
: | | | Greater
of
6
2/3%
of
Agqreqate
Indebtedness | S
5,285 | | or
Minimum
Dollar
Net
Capital | S
5,000 | | Minimum
Net
Capital
Required | S,5285 | | | | | Rat
10
:
Aqgregate
Indebtedness
to
Net
Capital | . 445
TO
1 | | RECONCILIATION
WITH
COMPANY'
S
COMPU'lATION
(included
in
Part
II
of
Form
X-17a-5
as
of
December
31,
2022) | | | Net
Capital
as
Reported
in
Company'
s
Part
I
Focus
Report | S 118,711 | | Adj
us
tments | (O) | | Net
Capital
Per
Above | S
118
711 | {15}------------------------------------------------ Nick I)iHarttilrmico, CP.1 13rian Schneidcr, CI% ![](_page_15_Picture_1.jpeg) Rick I)timas, Cl!1 Jaincs Pclcrs, CP.il # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES To the Board of Directors of World Choice Securities, Inc. Westerville, Ohio We have performed the procedures included in Rule 17a-S(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 World Choice Securities, Inc. (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 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 acla'iowledged that the procedures performed are appropriate for their intended purposes. 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 amounts reported on the audited Form X-17A-5 for the year ended December 31, 2025, as applicable, with the amounts 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; {16}------------------------------------------------ - 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 standards of the Public Company Accounting Oversight Board (United States). We were not engaged to, and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, 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 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 Company and SIPC and is not intended to be, and should not be, used by anyone other than these specified parties. PtHHCPRG"rs-p, 2,LC HHH CPA Group, LLC Columbus, Ohio March 2, 2026 {17}------------------------------------------------ # SCHEDULE OF ASSESSMENT AND PAYMENT TO THE SECURITES INVESTOR PROTECT ION CORPORATION ( SI PC ) UNDER RULE 17 a-5 ( e ) ( 4 ) OF THE SECURITIES AND EXCHANGE COMMISSION FOR THE YEAR ENDED DECEMBER 31, 2025 | GENERAL
ASSESSMENT | | 734 | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---|-------------| | LESS
PAYMENT
MADE
2/24/26
WITH
SIPC-6 | | (311) | | ASSESSMENT
BALANCE
DUE | | 423 | | ASSESSMENT
PAID
WITH
FORM
SIPC-7T | | 425 | | DETERMINATION
OF
"SIPC
NET
OPERATING
REVENUES"
AND
GENERAL | | ASSESSMENT | | TOTAL
REVENUE
FOCUS
PART
IIA
LINE
9 | S | 1,014,247 | | TOTAL
ADDITIONS | | | | DEDUCTIONS
: | | | | 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
companies
separate
account,
and
from
transactions
in
security
futures
products. | | 462,
011 | | Commissions,
floor
brokerage
and
clearance
paid
to
other | | | | SIPC
members
in
connection
with
securities
transactions. | | 41,
590 | | Net
gain
from
securities
in
investment
accounts. | | 817 | | Commissions
from
Certificates
of
Deposit
and
Treasury
Bills | | | | Other
revenue
not
related
either
directly
or
indirectly
to
the
securities
business. | | 20,
231 | | The
greater
of
(i)Total
interest
and
dividend
expense
but
not
in
excess
of
total
interest
and
dividend
income
or
(ii)40%
margin
interest
earned
on
customers
securities
account | | 118 | | TOTAL
DEDUCTIONS | | 524,
767 | | SIPC
NET
OPERATING
REVENUE | S | 489
480 | | GENERAL
ASSESSMENT
@
.0015 | | 734 | {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) World Choice Securities, Inc. 2025 Exemption Report World Choice Secririties, 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.l7a-5, "Repoits to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.l7a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following: The Company claimed an exemption from 17 C.F.R. § 240.l53c3-3 under the following provision of 17 C.F.R.§240.l5c3-3 (k%2)(ii): The Company met the identified exemption provisions in 17 C.F.R. § 240.l5.c3-3(k) throughout the most recent fiscal year without exception. The Company is also filing this Exemption Report because the Company's other business activities contennplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.l7a-5 are limited to: (1 )Effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not the Company; (2) receiviiig transaction-based compensation for identifying potential merger and acquisition opportunities for clients, referring seciu'ities transactions to other broker-dealers, or providing technology or platform services; and (3) participating in distributions of securities (other than firm commitment underwritings) in accordance with the requirements of paragraphs (a) or (b)(2) of Rule 15c2-4. World Choice Securities, Inc. I, Robert K. Cargin, affirm that, to my best knowledge and belief, this Exemption Report is true and correct. Ajt/'- PresJent March 2, 2026 {19}------------------------------------------------ Nick 1)ii4arttilmnco, CF.-l Hrian Sclineidcr, CJ% ![](_page_19_Picture_1.jpeg) Rick I)uiniis, CP!1 Jaines Pclcrs, CP/l # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors of World Choice Securities, Inc. We have reviewed management's statements, included in the accompanying SEC Rule 15c3-3 Exemption Report, in which: (1) World Choice Securities, Inc. identified the following provisions of 17 C.F.R. §l5c3-3(k) under which World Choice Securities, Inc. claimed an exemption from 17 C.F.R. §240.l5c3-3: (2)(ii) (the "exemption provisions"). (2) World Choice Securities, Inc. stated that World Choice Securities, Inc. met the identified exemption provisions throughout the most recent fiscal year without exception. (3) The Company is also filing this Exemption Report because the Company's other business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.l7a-5 are limited to: (1) Effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not the Company; (2) receiving transaction-based compensation for identifying potential merger and acquisition opportunities for clients, referring securities transactions to other broker-dealers, or providing technology or platform services; and (3) participating in distributions of securities (other than firm commitment underwritings) in accordance with the requirements of paragraphs (a) or (b)(2) of Rule 15c2-4. World Choice Securities, Inc.'s management is responsible for compliance with the exemption provisions and the provisions of Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.l7a-5 throughout the period. 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 World Choice Securities, Inc.'s compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's 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 statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(2)(ii)) of Rule 15c3-3 under the Securities Exchange Act of 1934. HHH CPA Group, LLC Columbus, Ohio March 2, 2026 12500ld HendersonRoad,Columbus, OH 432201 Phone. (614) 451-4644l Fax' (614) 451-3818 l www.hlihcpagroup com {20}------------------------------------------------ # ST ATEMENT ON EXEMPTION FROM COMPUT ATION OF RESERVE REQUIREMENT AND INFORMATIONFORPOSSESSION OR CONTROLREQUIREMENTS '[JNDERRULE 15c3-3 0F THE SECURITIES AND EXCHANGE COMMISSION hi accordance with the exemptive provision of SEC Rule 15c3-3, specifically exemption k(2)(ii), the Company is exempt from computation of a reserve requirement and the information related to the possession or control requirements. < This portion of the page intentionally left blank. > Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.