# USI SECURITIES, INC. X-17A-5 (2026-02-27) — Broker-dealer annual report - Company: USI SECURITIES, INC. - Form: X-17A-5 - Filed: 2026-02-27 - Period: 2025-12-31 - Accession: 0001044634-26-000004 - CIK: 1044634 - File #: 8-50429 - Type: Broker-dealer - Material weakness: No - Auditor: Mahoney Sabol & Company LLP - Auditor location: Glastonbury, CT - Contact: Joseph Gritzer - Phone: 860-368-2913 - Email: joe.gritzer@usi.com - Website: usi.com - Signed by: Richard Bowman (Director of Operations) Original filing: https://www.sec.gov/Archives/edgar/data/1044634/000104463426000004/USI2025RptFinConFinal.pdf --- {0}------------------------------------------------ **USI Securities, Inc.** **Report on Financial Statements (With Supplementary Information) and Report of Independent Registered Public Accounting Firm** **Year Ended December 31, 2025** {1}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden **ANNUAL REPORTS FORM X-17A-5 PART III** **FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** SEC FILE NUMBER hours per response: 12 8-50429 FILING FOR THE PERIOD BEGINNING 01/01/25 AND ENDING 12/31/25 MM/DD/YY MM/DD/YY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM: USI Securities, Inc. TYPE OF REGISTRANT (check all applicable boxes): x Broker-dealer ☐ Security-based swap dealer ☐ Major security-based swap participant ☐ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 95 Glastonbury Boulevard (No. and Street) Glastonbury CT 06033 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Joseph Gritzer (860) 368-2913 joe.gritzer@usi.com (Name) (Area Code – Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* Mahoney Sabol & Company, LLP (Name – if individual, state last, first, and middle name) 180 Glastonbury Boulevard Glastonbury CT 06033 (Address) (City) (State) (Zip Code) 10/14/2003 264 (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 thisform are not required to respond unlessthe form displays a currently valid OMB control number.** {2}------------------------------------------------ #### **OATH OR AFFIRMATION** | I,
Richard Bowman | | , swear (or affirm) that, to the best of my knowledge and belief, the | |-----------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|-----------------------------------------------------------------------| | financial report pertaining to the firm of | USI Securities, Inc. | _, as of | | December 31
, 2025 | , is true and correct. I further swear (or affirm) that neither the company nor | | | any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account | | | | classified solely as that of a customer. | | | Signature: Title: Director of Operations, USI Securities, Inc. #### **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 financialstatements. - ☐ (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. - ☐ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 40.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - ☐ (l) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - ☐ (m) Information relating to possession or control requirementsfor customers under 17 CFR 240.15c3-3. - ☐ (n) Information relating to possession or control requirementsfor 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 capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - ☐ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - ☐ (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - ☐ (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - ☐ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - ☐ (t) Independent public accountant'sreport based on an examination of the statement of financial condition. - ☐ (u) Independent public accountant'sreport based on an examination of the financial report or financialstatements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - ☐ (v) Independent public accountant'sreport based on an examination of certain statementsin the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - ☐ (w) Independent public accountant'sreport 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 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - ☐ (y) Report describing any material inadequaciesfound to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - ☐ (z) Other: *\*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.* {3}------------------------------------------------ ## **USI SECURITIES, INC.** #### Index | | Page | |------------------------------------------------------------------------------------------------------------------------------------------------------------------|------| | Facing Page | | | Report of Independent Registered Public Accounting Firm | 3 | | Statement of Financial Condition
December 31, 2025 | 4 | | Statement of Income
Year
Ended December 31, 2025 | 5 | | Statement of Changes in Stockholder's Equity
Year
Ended December 31, 2025 | 6 | | Statement of Cash Flows
Year
Ended December 31, 2025 | 7 | | Notes to Financial Statements | 8-14 | | Schedule I -
Computation of Net Capital Under Rule 15c3-1 of the
Securities and Exchange Commission
December 31, 2025 | 15 | | Schedule II -
Computation for Determination of Reserve
Requirements
Under Rule 15c3-3 of the Securities and
Exchange Commission
December 31, 2025 | 16 | | Schedule III -
Information Relating to the Possession or
Control
Requirements Under Rule 15c3-3 of the Securities and
Exchange Commission | | | December 31, 2025 | 17 | {4}------------------------------------------------ ![](_page_4_Picture_1.jpeg) {5}------------------------------------------------ ## **STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2025** #### **ASSETS** | | | 2025 | | | | |----------------------------------|--------|-----------|--|--|--| | Current
assets: | | | | | | | Cash | \$ | 4,534,315 | | | | | Commissions
receivable | | 985,000 | | | | | Other
receivables | | 83,250 | | | | | Prepaid expenses | | 47,060 | | | | | Other
current assets | | 1,409 | | | | | Total current assets | | 5,651,034 | | | | | Property and equipment: | | 103,873 | | | | | Less: accumulated depreciation | | (51,836) | | | | | Property and equipment, net | | 52,037 | | | | | Deferred
tax asset | | 43,075 | | | | | Total long-term assets | | 43,075 | | | | | Total assets | \$ | 5,746,146 | | | | | LIABILITIES
AND STOCKHOLDER'S | EQUITY | | | | | | Current
liabilities: | | | | | | | Accrued expenses | \$ | 809,549 | | | | | Income tax payable | | 540,010 | | | | | Due to related party | | 137,838 | | | | | Total current liabilities | 1,487,397 | |-----------------------------------------------|-----------------| | Stockholder's
equity: | | | stock, \$1
Common
par value; 100 shares | | | authorized, issued and outstanding | 100 | | Additional paid-in capital | 2,102,191 | | Retained earnings | 2,156,458 | | Total stockholder's equity | 4,258,749 | | Total liabilities and stockholder's equity | \$
5,746,146 | {6}------------------------------------------------ ### **USI SECURITIES, INC.** #### **STATEMENT OF INCOME YEAR ENDED DECEMBER 31, 2025** | | 2025 | |-------------------------------------------------------------|-----------------| | Revenue: | | | Commission
income - mutual funds
and 12b-1 trail fees | \$
7,360,193 | | Commission
income - insurance and other | 5,712,359 | | Fee income | 1,333,981 | | Other
income | 116,333 | | | 14,522,866 | | Expenses: | | | Direct staff
compensation | 3,890,303 | | Shared
staff
compensation | 2,949,012 | | Producer compensation | 2,467,558 | | Employee overhead charge | 1,278,240 | | System
and other service charges | 965,344 | | Information
technology costs | 672,000 | | Payroll taxes | 445,004 | | Building occupancy | 306,832 | | Professional
fees | 166,426 | | Retirement plan - 401(k)
match | 128,607 | | Licenses and fees | 119,937 | | Commissions
- independent representatives | 75,053 | | Insurance | 66,000 | | Management fees | 56,581 | | Commissions
- outside broker/dealer | 54,312 | | Travel | 39,649 | | Depreciation | 34,101 | | Other
expenses | 25,790 | | Training/professional
development | 6,257 | | | 13,747,006 | | Income before
income taxes | 775,860 | | | | | Income tax expense (Note
8) | 211,561 | | Net income | \$
564,299 | {7}------------------------------------------------ # **USI SECURITIES, INC.** # **STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY YEAR ENDED DECEMBER 31, 2025** | | Additional
Common
Paid-in
Stock
Capital | | Retained
Earnings | | Stockholder's
Equity | | | |----------------------------|-----------------------------------------------------|----|----------------------|----|-------------------------|----|-----------| | Balance, December 31, 2024 | \$
100 | \$ | 2,102,191 | \$ | 1,592,159 | \$ | 3,694,450 | | Net income | - | | - | | 564,299 | | 564,299 | | Balance, December 31, 2025 | \$
100 | \$ | 2,102,191 | \$ | 2,156,458 | \$ | 4,258,749 | {8}------------------------------------------------ ## **USI SECURITIES, INC.** # **STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2025** | | 2025 | | |-------------------------------------------------------------|-----------------|--| | Cash flows from operating activities: | | | | Net income | \$
564,299 | | | Adjustments to reconcile net income to net cash provided by | | | | operating activities: | | | | Depreciation | 34,101 | | | Deferred taxes | (12,152) | | | Changes in operating assets and operating liabilities: | | | | Commissions receivable | (91,500) | | | Other receivables | 46,375 | | | Prepaid expenses | 1,133 | | | Other current assets | 1,484 | | | Accrued expenses | 118,871 | | | Income taxes payable | 303,202 | | | Due to related party | (702,212) | | | Net cash provided by operating activities | 263,601 | | | Investing activities: | | | | Purchase of property and equipment | (36,081) | | | Net cash used in investing activities | (36,081) | | | Net increase in cash | 227,520 | | | Cash, beginning of year | 4,306,795 | | | Cash, end of year | \$
4,534,315 | | {9}------------------------------------------------ ### **USI SECURITIES, INC.** ### **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** ### **Note 1 - Nature of operations:** USI Securities, Inc. (the "Company") is a Delaware corporation that is a wholly-owned subsidiary of USIC Investment Group, Inc. ("USIC" or "Parent"), a Delaware corporation. USIC issued one share of Class A Voting Common Stock to USIR Management LLC ("USIR"), a holding company and ninety-nine shares of Class B Non-Voting Common Stock to USI Consulting Group, Inc. ("USICG"). USIR is owned by certain members of USI, Inc. ("USI") management. USICG is a wholly-owned subsidiary of USI Insurance Services, LLC which is a wholly-owned subsidiary of USI. The Company is a Financial Industry Regulatory Authority, Inc. ("FINRA") member broker-dealer, Securities and Exchange Commission ("SEC") registered investment advisor and licensed insurance agency. The Company, through its registered representatives, offers and sells mutual funds, variable annuities and variable life insurance contracts, primarily in the qualified plans market throughout the United States. The Company also has a limited amount of "constructive receipt" arrangements with other broker-dealers whereby the Company receives override commissions derived from the sale of securities products to customers of other related entities. The accompanying financial statements have been prepared from the separate records maintained by the Company and, due to certain transactions and agreements with affiliated entities, may not necessarily be indicative of the financial condition that would have existed or the results that would have been obtained from operations had the Company operated as an unaffiliated entity. ### **Note 2 - Summary of significant accounting policies:** ### **Method of accounting:** The financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). ### **Use of estimates:** The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. {10}------------------------------------------------ # **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** ### **Note 2 - Summary of significant accounting policies (continued):** #### **Recently adopted accounting pronouncement:** In December 2023, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires expanded disclosure of income tax rate reconciliation information and income taxes paid. The Company adopted this standard effective January 1, 2025, on a prospective basis. The adoption of this standard resulted in increased disclosures in the Company's financial statements but did not have a material impact on the Company's financial position, results of operations, or cash flows. See Note 8 for the additional disclosures required by this ASU. #### **Commission income and revenue recognition:** Revenue from contracts with customers includes commission income and fees from asset management services. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time, and when to recognize revenue based on the appropriate measure of the Company's progress under the contract. Commission revenue on mutual fund 12b-1 and insurance trail fees are recorded over time as earned based on a percentage of the mutual fund's net assets or policy premiums. Commission revenue on sales of shares of mutual funds are recorded at a point in time on a trade date basis. Commission revenue on sales of variable annuities and variable life insurance contracts are recognized at a point in time based on the policy effective date when the data necessary to reasonably determine such commission amounts and policy effective dates has been obtained by the Company. Typically, these types of commissions cannot be reasonably determined until the cash or related commission statement is received by the Company from the insurance carrier. #### **Contract costs:** The Company pays compensation to various producers of the Company that may not be linked to a specific contract. The Company has elected to utilize the practical expedient and recognizes the incremental costs of obtaining a contract as an expense in the period incurred because the amortization period of the asset that the Company otherwise would have recognized is one year or less. {11}------------------------------------------------ # **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** ### **Note 2 - Summary of significant accounting policies (continued):** #### **Cash and cash equivalents:** For purposes of the Statement of Cash Flows, the Company considers all investment instruments purchased with an original maturity of three months or less to be cash equivalents. At December 31, 2025, there were no cash equivalents. #### **Commissions receivable:** In the normal course of business, the Company will accrue estimated commissions for services provided, which are received a month or a quarter after the recognition period. Commissions receivable estimates are adjusted each period based on actual receipts. At December 31, 2025, management of the Company determined an allowance for credit losses is not required. The balance of commissions receivable at December 31, 2025 and January 1, 2025 was \$985,000 and \$893,500, respectively. #### **Net capital requirements:** The Company is subject to the SEC Uniform Net Capital Rule (SEC Rule 15c3-1), which 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 (and the rule of the "applicable" exchange also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1). ### **Reserve requirements:** The Company is exempt from the requirements relating to cash reserves and possession or control of customers' securities under Rule 15c3-3 of the Securities Exchange Act of 1934 (see Schedules II and III). #### **Property and equipment - depreciation:** The Company capitalizes all expenditures for property and equipment in excess of \$1,000. Depreciation of property and equipment is recorded on the straight-line basis over the estimated useful lives of the assets. Estimated lives are as follows: | Assets | Estimated Lives | |---------------------------------|-----------------| | Computer equipment and software | 3 -
5 years | | Furniture and fixtures | 7 years | Expenditures for repairs and maintenance are charged to expense as incurred. For assets sold or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is reflected in operations for the period. Depreciation expense for the year ended December 31, 2025 was \$34,101. {12}------------------------------------------------ # **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** # **Note 2 - Summary of significant accounting policies (continued):** #### **Income taxes:** The Company's U.S. Federal income tax returns are statutorily closed for all tax years through December 31, 2021, and all State income tax returns are closed for all tax periods through the 2020 tax year. Management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The Company has no unrecognized tax benefits at December 31, 2025. The Company did not recognize any expenses for interest and penalties within income tax expense during the year ended December 31, 2025. ### **Subsequent events:** The Company has evaluated events and transactions for potential recognition or disclosure through February 27, 2026, which is the date the financial statements were available to be issued. ### **Note 3 - Net capital requirements:** At December 31, 2025, the Company has net capital of \$3,046,918 which is \$2,947,758 in excess of its required net capital of \$99,160. The Company's ratio of aggregate indebtedness to net capital is 0.49 to 1 at December 31, 2025. The Company's non-allowable assets include accounts receivable related to Registered Representatives dually employed by the Company and USICG that were not supported by a waiver of rights to these commissions by such Representatives until the revenue was received by the Company. As such, commissions receivable and other receivables totaling \$1,068,250 and other assets totaling \$143,581 were considered non-allowable as of December 31, 2025. ### **Note 4 - Liabilities subordinated to claims of general creditors:** There were no borrowings under subordination agreements at December 31, 2025. {13}------------------------------------------------ # **USI SECURITIES, INC.** # **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** ## **Note 5 - Related party transactions:** The Company has an Expense Sharing Agreement with USICG that includes charges to the Company based on proportionate usage for shared services paid for by USICG including staff compensation, overhead, systems usage, administrative support, rent and facility charges, accounting, payroll and other services. Under this agreement, the Company paid a total of \$6,769,992 during the year ended December 31, 2025 for the various services. In addition, the Company's Registered Representatives are compensated by USICG for administrative convenience only. The Company paid \$525,540 for the year ended December 31, 2025 to USICG for the Company's proportionate share of the compensation of these Registered Representatives and is included in Producer compensation on the Statement of Income. The Company's commission revenues are mainly derived from sales to customers of entities under common ownership with the USICG. In addition, the Company earned \$971,438 in commissions and trail fees related to the USI Deferred Compensation Plan insurance policies and mutual funds. Income taxes are paid on behalf of the Company by USI Insurance Services, LLC. See Note 8. ### **Note 6 - Retirement plan:** The Company has a 401(k)-retirement plan (the "Plan") matching 50% of employee contributions up to 6% of an employee's salary, subject to the provisions of the Employee Retirement Income Security Act of 1974. Employees become eligible the first day of the month following 30 days of service with the Company. The Company's contributions to the Plan for the year ended December 31, 2025 were \$128,607. ### **Note 7 - Concentrations of credit risk:** Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and commissions receivable. The Company maintains its cash with high-credit quality financial institutions. At times, such amounts may exceed Federally insured limits. At December 31, 2025, the Company has uninsured cash in the amount of approximately \$4,280,000. {14}------------------------------------------------ # **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** #### **Note 8 - Income taxes:** For the year ended December 31, 2025, the Company is included in the consolidated tax returns with its Parent. The Company had a liability of \$540,010 as of December 31, 2025 for its current federal and state taxes. At December 31, 2025, the Company had deferred income tax assets totaling \$54,528 and deferred income tax liabilities totaling \$11,453, for a net deferred income tax asset of \$43,075. The income tax (benefit) expense included in the Statement of Income for the year ended December 31, 2025 is as follows: | | Current | | Deferred | Total | |---------|---------------|----|----------------|---------| | Federal | \$
155,290 | \$ | \$
(8,570) | 146,720 | | State | 68,423 | | (3,582) | 64,841 | | | \$
223,713 | \$ | \$
(12,152) | 211,561 | | | %
of
Pretax | | | | |----------------------------------------------------------|-------------------|---------|--------|--| | | Amount | | Income | | | Federal statutory income tax (21%) | \$ | 162,931 | 21.0% | | | State
income taxes, net of
federal
benefit | | 52,607 | 6.9% | | | Deferred
taxes - State,
net of
tax rate changes | | (2,781) | -0.4% | | | Federal return-to-provision | | (2,046) | -0.3% | | | State
return-to-provision | | 1,447 | 0.2% | | | Non-deductible expenses | | 205 | 0.0% | | | State
tax rate changes | | (802) | -0.1% | | | Total income tax expense | \$ | 211,561 | 27.3% | | {15}------------------------------------------------ # **USI SECURITIES, INC.** ## **NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** ## **Note 9 - Employee Retention Credit:** The Company applied for and received benefits under the Employee Retention Credit, a refundable payroll tax credit enacted under the Coronavirus Aid, Relief, and Economic Security ("CARES Act") and subsequent legislation. The Employee Retention Credit provides financial relief to eligible employers that retained employees during periods of economic hardship related to the COVID-19 pandemic. The Company received \$116,333 in 2025 related to the Employee Retention Credit, which is presented within Other income on the Statement of Income. {16}------------------------------------------------ # **SCHEDULE I – COMPUTATION OF NET CAPITAL UNDER RULE 15c3-1 OF THE SECURITIES AND EXCHANGE COMMISSION DECEMBER 31, 2025** There are no material differences between the Computation of Net Capital included below and the amounts reported on the Company's unaudited Form X-17A-5 Part IIA FOCUS filing as of December 31, 2025, filed on January 27, 2026. | | 2025 | | |---------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|--| | Net
capital: | | | | Total
stockholder's
equity | \$
4,258,749 | | | Nonallowable
assets: | | | | Commissions
receivable | 985,000 | | | Other
receivables | 83,250 | | | Prepaid
expenses | 47,060 | | | Deferred
tax
asset | 43,075 | | | Other
current
assets | 1,409 | | | Property
and
equipment,
net | 52,037 | | | Total
nonallowable
assets | 1,211,831 | | | Total
equity
qualified
for
capital
net | 3,046,918 | | | Total
liabilities
per financial
statements | 1,487,397 | | | Aggregate
indebtedness | 1,487,397 | | | Computation
of
basic
capital
requirement:
net
Minimum
capital
required
for
broker
net | | | | (\$5,000
or 6-2/3%
of
aggregate
indebtedness) | 99,160 | | | Excess
capital
net | 2,947,759 | | | Net
capital
less
the
of
10%
of
greater
aggregate
indebtedness
or 120%
of
the
minimum
dollar
capital
net | | | | (\$5,000)
requirement | 2,898,179 | | | Ratio:
Aggregate
indebtedness
capital
to
net | 0.49
1
to | | See Report of Independent Registered Public Accounting Firm. {17}------------------------------------------------ # **USI SECURITIES, INC.** # **SCHEDULE II – COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION DECEMBER 31, 2025** For the year ended December 31, 2025, the Company is exempt from the provision of Rule 15c3-3 as supported by footnote 74 to SEC Release No. 34-70073, and as discussed in Q & A 8 of the related FAQ issued by SEC staff. The Company does not affect transactions for anyone defined as a customer under Rule 15c3-3. Accordingly, there are no items to report under the requirements of this Rule. See Report of Independent Registered Public Accounting Firm. {18}------------------------------------------------ # **USI SECURITIES, INC.** ## **SCHEDULE III – INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION DECEMBER 31, 2025** For the year ended December 31, 2025, the Company is exempt from the provision of Rule 15c3-3 as supported by footnote 74 to SEC Release No. 34-70073, and as discussed in Q & A 8 of the related FAQ issued by SEC staff. The Company does not affect transactions for anyone defined as a customer under Rule 15c3-3. Accordingly, there are no items to report under the requirements of this Rule. See Report of Independent Registered Public Accounting Firm. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.