Full text of SVB SECURITIES LLC's X-17A-5 filed 2023-02-28 (period 2022-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ **S TATEMENT OF F INANCIA L C ONDITION** **SVB Securities LLC December 31, 2022 Filed Pursuant to Rule 17a-5(e)(3) as a Public Document** {1}------------------------------------------------ # SVB Securities LLC # Statement of Financial Condition December 31, 2022 # **Contents** | Report of Independent Registered Public Accounting Firm1 | | |----------------------------------------------------------|--| | Statement of Financial Condition<br>2 | | | Notes to Statement of Financial Condition3 | | {2}------------------------------------------------  Tel: 617-422-0700 Fax: 617-422-0909 **www.bdo.com** #### **Report of Independent Registered Public Accounting Firm** The Directors and SVB Securities Holdings LLC, the sole member of SVB Securities LLC Boston, Massachusetts #### **Opinion on Financial Statement** We have audited the accompanying statement of financial condition of SVB Securities LLC (the "Broker-Dealer") as of December 31, 2022, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Broker-Dealer at December 31, 2022, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of the Broker-Dealer's management. Our responsibility is to express an opinion on the Broker-Dealer'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 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 statement is 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 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…Read the full text as markdown