# JANSSEN PARTNERS, INC. X-17A-5 (2026-02-27) — Broker-dealer annual report - Company: JANSSEN PARTNERS, INC. - Form: X-17A-5 - Filed: 2026-02-27 - Period: 2025-12-31 - Accession: 0001045967-26-000003 - CIK: 1045967 - File #: 8-50485 - Type: Broker-dealer - Material weakness: No - Auditor: Ohab and Company, P.A. - Auditor location: Maitland, FL - Contact: Peter Janssen - Phone: 641-209-9502 - Signed by: Peter Janssen (President) Original filing: https://www.sec.gov/Archives/edgar/data/1045967/000104596726000003/JanssenSECfilingcopy.pdf --- {0}------------------------------------------------ OMB APPROVAL UNITED SECURITIES AND EXCHANGE COMMISSION Washington D C. 20549 OMB Number 3235 0123 Expires Nov 30 2026 Estimated average burden hours per response NUMBER 8-50485 # ANNUAL FORM 17A 5 III FACING Information Required Pursuant 17a 5 17 12 and 18a 7 under the Securities Act of 1934 FILING BEGINNING 01/01/2025 AND ENDING 12/31/2025 | DD | /DD | |----|-----| | | | REGISTRANT IDENTIFICATION # NAME FIRM JANSSEN PARTNERS, INC OF : here respondent an OTC derivatives dealer Security swap Major security swap participant OF Do not use O no # 1010 North B Street | | No
and
Street | | | |-------------------------------------------|----------------------------------------------------------------------|-----------------------|---------------------------| | Fairfield | Iowa | | 52556 | | (City | (State | | (Zip
Code) | | TO
WITH
CONTACT | TO
THIS
FILING | | | | Peter
Janssen | 516-456-7059 | | pj@janssenpartners
com | | (Name) | Telephone
Number)
Area
Code | | ) | | | ACCOUNTANT
IDENTIFICATION | | | | ACCOUNTANT
Ohab
and
Company, | reports
are
P.A
first | *
in | | | Ave
100
E.
Sybelia
, | if
(Name
individual
and
last
Maitland
130
Suite | middle
name)
FL | 32751 | | | (City | State | (Zip
Code | | 07/28/2004 | | 1839 | | | with
(if
of
Registration
Date | applicable
ONLY
FOR
OFFICIAL
USE | Registration
( | Number
applicable | Claims for exemption from the requirement that the annual be covered by the of an independent public accountant must be supported by of facts and circumstances relied on the of the exemption 17 240.17 e ( if applicable. Persons who are respond the of information contained in this form are not required to respond the form a currently valid OMB control number {1}------------------------------------------------ #### OATH OR AFFIRMATION | Peter
Janssen | | swear
(or | affirm)
that
of
my
belief
the
the
best
knowledge
and | | |-------------------------|-------------------|-----------------------------|---------------------------------------------------------------------------------|--| | financial
pertaining | the
firm
of | Inc.
Partners
Janssen | of
as | | | 31
December | 25
2 | and
is | further
that
(or
affirm
neither
the
swear
company
any | | 25 is and further swear (or affirm that neither the company any officer director or equivalent person as the case may be has any proprietary interest any account classified solely as of a | Signature: | | |--------------------|--| | | | | Title
President | | #### This \*\* contains (check applicable boxes) - a) financial condition - b Notes consolidated statement of financial condition. - (c) Statement of income (loss) or if there is other comprehensive income in the period( presented statement of comprehensive income ( defined in § 210.102 of Regulation ). - Statement of flows - (e) Statement of changes in stockholders or partners sole proprietor equity. - ) Statement changes in liabilities subordinated claims of creditors. - (g Notes consolidated financial statements. - (h Computation of net capital under 17 240.15c3 or 17 240.18a as applicable. - ( Computation of tangible worth under 240.18 2 - ( Computation for determinationof customer reserve requirements pursuant Exhibit A 240.15c3 3 - k Computation determination of security based swap reserve requirements pursuant Exhibit B 17 240.15c3 or Exhibit A 17 240.18a applicable - ( Computation for Determination of PAB Requirements under Exhibit A § 240.15 3 3 - m Information relating or control requirements for customers under 17 240.15c3 3 - (n) Information relating possession or control requirements for security based customers under 17 240.15 3 3(p 2 or 17 240.18 as applicable - Reconciliations including appropriate explanations of the FOCUS Report with computation capital or tangible net worth under 17 240.15c3 17 240.18 or 17 240.18 2 applicable and the reserve requirements under 17 240.15c3 3 or 17 240.18a applicable material differences exist or statement that no material differences exist - ( ) subsidiaries - q) Oath or affirmation in accordance with 17 240.17 17 240.17 12 or 17 240.18a 7 applicable. - r) Compliance report in accordance with 17 240.17a 5 or 17 240.18a 7 applicable. - ( Exemption report in accordance with 17 240.17a or 17 240.18a 7 applicable - Independent public accountant s report based on an examination of the statement of financial condition - u Independent public accountant report based on an examination the financial report or financial statements under 17 240.17a 17 240.18a 7 or 17 240.17a 12 as applicable. - (v) Independent public accountant report based on an examination of certain statements in the compliance report under 17 240.17a 5 17 240.18a 7 as applicable - w Independent public accountant report based on a review of the exemption report under 17 240.17a- 17 240.18a 7 as applicable. - x Supplemental reports on applying agreed upon procedures in accordance with 17 240.15c3 or 17 240.17a 12 as applicable - (y Report describing any material inadequacies found exist or found have existed since date of the previous audit statement that no material inadequacies exist under 17 240.17a 12(k). - ( ) Other - To request treatment certain portions this see 17 240.17a ( )( ) or 240.18a 7(d)( as applicable. {2}------------------------------------------------ ![](_page_2_Picture_0.jpeg) 100 E Sybclia Ave. Suite Maitland. 32751 Public Accountants 407 740 407 740 6441 REPORT OF INDEPENDE tfftjBLIC ACCOUNTING FIRM To the Stockholder of Janssen Partners, Inc #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Janssen Partners, Inc. as of December 31,2025 the related statements of operations, changes in stockholder s equity and cash flows for the year then ended and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly all material respects, the financial position of Janssen Partners, Inc as of December 31, 2025 and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted the United States of America #### Basis for Opinion These financial statements are the responsibility of Janssen Partners, Inc management. Our responsibility to express an opinion on JanssenPartners Inc s financial statements based on 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 Janssen Partners Inc 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 obtainreasonable assurance about whether the financial statements are free of material misstatement, whether due to or fraud Our audit included performing procedures to 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 a test basis evidence regarding the 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 our opinion #### Auditor's Report on Supplemental Information The Schedule , Computation of Net Capital and Aggregate Indebtedness Pursuant to Rule 15c3 1 of the Securities and Exchange Commission, Schedule II Computation for Determination of Reserve Requirements for Broker and Dealers Pursuant to Rule Under 15c3 3 Under the Securities and Exchange Commission and Schedule III Information Relating to Control Requirements Under the Securities and Exchange Commission Rule c3-3 have been subjected to procedures performed conjunction with the audit of Janssen Partners Inc 's financial statements The supplemental information the responsibility of Janssen Partners Inc. s management Our audit procedures included determining whether the supplemental information reconciles to the statements 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 presented conformity with 17 C F §240 17a-5 In , the Schedule , , Computation of Net Capital and Aggregate Indebtedness Pursuant to Rule 15c3 of the Securities and Exchange Commission Schedule II Computation for Determination of Reserve Requirements for Broker and Dealers Pursuant to Rule Under 15c3 3 Under the Securities and Exchange Commission and Schedule III, Information Relating to Possession or Control Requirements Under the Securities and Exchange Commission Rule 15c3-3 are fairly stated all material respects relation to the financial statements as a whole We have served as Janssen Partners Inc s auditor 2024 Maitland Florida February 26 2026 {3}------------------------------------------------ #### JANSSEN PARTNERS, INC. #### Statement of Financial Condition #### December 31, 2025 | JANSSEN
PARTNERS,
INC.
Statement
of
Financial
Condition
December
31,
2025 | | |-----------------------------------------------------------------------------------------------------------|-------------| | Assets: | | | Cash | 23,616 | | Securities
owned
at
market
value | 14,868 | | Prepaid
Expenses | 3,667 | | Total
Assets | 42,151 | | Liabilities
and
Stockholder's
Equity
Liabilities: | | | Accounts
payable
and
accrued
expenses | 6,250 | | Total
liabilities | 6,250 | | Stockholder's
equity: | | | Common
stock | 100,000 | | (100
shares,
no
par
value
common
stock
authorized,
issued,
and
outstanding) | | | Additional
paid-in
capital | 2,104,053 | | Accumulated
deficit | (2,168,152) | | Total
stockholder's
equity | 35,901 | | Total
liabilities
and
stockholder's
equity | 42,151 | {4}------------------------------------------------ # JANSSEN PARTNERS, INC. Statement of Operations For The Year Ended December 31, 2025 | JANSSEN
PARTNERS,
INC.
Statement
of
Operations | | | |---------------------------------------------------------------|----------------|--| | For
The
Year
Ended
December
31,
2025 | | | | | | | | | | | | | | | | | | | | | | | | Income | | | | Fee
Income
-
Referrals | \$
18,750 | | | UnrealizedLoss
on
Investment |
(2,478) | | | Interest
Income |
155 | | | Total
Income | 16,427 | | | Expenses | | | | Commission
Expense |
14,600 | | | Regulatory
fees | 3,972 | | | Professional
Fees |
33,765 | | | Other
Expenses |
649 | | | Total
Expenses | 52,986 | | | | | | | Net
Loss | \$
(36,559) | | {5}------------------------------------------------ #### JANSSEN PARTNERS, INC. #### Statement of Changes in Stockholder's Equity For the Year Ended December 31, 2025 | JANSSEN
PARTNERS,
INC.
Statement
of
Changes
in
Stockholder's
Equity
For
the
Year
Ended
December
31,
2025 | | | | | |-------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|----------------------------------|------------------------|------------| | | Capital
Stock | Additional
Paid-in
Capital | Accumulated
Deficit | Total | | Balance
at
January
1,
2025 | \$
100,000
\$ |
2,079,053
\$ |
(2,131,593)
\$ |
47,460 | | Contributions | |
25,000 | | 25,000 | | Net
Income |
| |
(36,559) | (36,559) | | | | | | | {6}------------------------------------------------ #### JANSSEN PARTNERS, INC. # Statement of Cash Flows For the Year Ended December 31, 2025 | JANSSEN
PARTNERS,
INC.
Statement
of
Cash
Flows
For
the
Year
Ended
December
31,
2025 | | |----------------------------------------------------------------------------------------------------------------------------|-------------------------| | | | | Cash
flows
from
operating
activities:
Net
Loss | \$

(36,559) | | Adjustments
to
reconcile
net
loss
to
net
cash
provided
by
Loss
on
securities |
2,478 | | Changes
in
operating
assests
and
liabilities: | | | Prepaid
Expenses |
(71) | | Accounts
payable
and
accrued
expenses
Cash
used
in
operating
activities |
250

(33,902) | | | | | Cash
flows
from
Financing
Activities
Owner
contributions |
25,000 | | Net
Cash
Provided
by
Financing
Activities |
25,000 | | Net
Decrease
in
Cash | (8,902) | | Cash
at
beginning
of
year | 32,518 | | Cash
at
end
of
year | \$

23,616 | | Supplemental
Disclosures
of
Cash
Flow
information | | | Cash
paid
during
the
year
for | | | Income
Taxes |
- | | Interest |
- | {7}------------------------------------------------ # NOTE 1 – ORGANIZATION AND NATURE OF BUSINESS Janssen Partners, Inc. ("Company") is a Delaware Corporation formed August 29, 1997.The Company is registered as a broker-dealer with the Securities Exchange Act of 1934. The Company is a member of the Financial Industry Regulatory Authority ("FINRA"), the Securities Investor Protection Corp. (SIPC). The Company acts asan introducing broker-dealer, the Company is exempt from the provisions of Rule 15c3-3 as the Company does not directly or indirectly receive, hold or otherwise owe funds or securities for or to customers, and did not carry accounts of or for customers. The Company has a December 31 fiscal yearend. The Company is engaged in several lines of business as a securities broker-dealer, which is comprised of several classes of services, including private placements and referral fee income. # NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES Accrual basis of Accounting The Company's financial statements are prepared using theaccrual method of accounting in accordance with U.S. generally accepted accounting principles. Cash and Cash Equivalents Cash consists of amounts denominated in US dollars. The Company does not, at any time, maintain cash in deposit accounts in excess of Federal Deposit Insurance Corporation ("FDIC") limits. The Company has not experienced any losses on such accounts. The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Equipment and Furniture All equipment and furniture has been fully amortized as of December 31, 2025. Revenue Recognition The Company provides referral services of securities services to its customers. Revenue for referral fee services is generally recognized at the point in time that performance under the agreement is completed (the closing date of the transaction) or the contract is cancelled. However, for certain contracts, where applicable, revenue is recognized over time for advisory arrangements in which theperformance obligations are simultaneously provided by the Company and consumed by thecustomer. The Company earned a referral fee of \$18,750 during the period ending December31, 2025.Other income is related to theunrealized gain/loss recognized on securities. {8}------------------------------------------------ # NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES – Continued # Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. # Fair Value of Financial Instruments FASB ASC 820 defines fair value, established a framework for measuring fair value, and establishes a fair value hierarchy which prioritizes the inputs to valuation techniques. Fair value is the price that would be received to sell an asset or paid to transfera liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transactions to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market. Valuation techniques that are consistent with themarket, income or cost approach, as specified by FASB ASC 820, are used to measure fair value. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels: • Level 1 – inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 – inputs to the valuation methodology included quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. • Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. {9}------------------------------------------------ # NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES – Continued Certain financial instruments are carried at cost on the balance sheet, which approximates fairvalue due to their short term, highly liquid nature. These instruments include accounts payable and securities owned. | JANSSEN
NOTES
TO | | PARTNERS,
INC.
FINANCIAL
STATEMENTS | | | | |------------------------------------------------------------------------------------------|------------------------------------------------------------------|----------------------------------------------------|-----------------------------------------------------------------------------|------------------------------------------------------------------|--| | | DECEMBER | 31,
2025 | | | | | NOTE
2
-
SIGNIFICANT | ACCOUNTING | POLICIES
– | Continued | | | | | | | | | | | Certain
financial
instruments
to
their
short
term,
highly
owned. | are
carried
at
cost
on
liquid
nature.
These | the
balance
sheet,
instruments
include | which
accounts | approximates
fairvalue
due
payable
and
securities | | | Fair
Value
Measurements | on
a
Recurring
Basis
as
of | December
31, | 2024. | | | | | Level
1
| Level | 2Level
3 | Total | | | ASSETS | | | | | | | Trading | Securities\$14,868\$ | | -\$-\$ | 14,868 | | | Total | \$14,868\$ | -










| \$



-













| \$







14,868 | | Trading securities are bought and held principally for the purpose of selling them in thenear term are classified as trading securities and reported at fair value, with unrealized gains and losses included in earnings. There has been no transfers between level 1, 2, or 3. # NOTE 3 - NET CAPITAL REQUIREMENTS The Company is a member of FINRA and subject to the Securities and Exchange Commission's Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of minimum net capital of \$5,000 and requires that the ratio of aggregate indebtedness to net capital, both as defined, not exceed 15 to 1. At December 31, 2025, the Company had net capital of \$28,257 which was \$23,257 in excess of the amount required. The Company's ratio of aggregate indebtedness to net capital was .22 to 1. # NOTE 4 – INCOME TAXES The Company has elected to be taxed under the provisions of Subchapter S of the Internal Revenue Code. Under those provisions, the Company does not pay federal income taxes on its corporate income. Instead, the stockholder is liable for federal income taxes on theshare of the Company's income, deductions, losses and credits. {10}------------------------------------------------ # NOTE 5 – PREPAID EXPENSES Prepaid expenses as of December 31, 2025, were \$3,184 for 2026 regulatory fees, \$474 for insurance and \$9 SIPC fees. #### NOTE 6 – POSSESSION OR CONTROL REQUIREMENTS The Company does not have any possession or control of a customer's funds or securities. There were no material inadequacies in the procedures followed in adhering to the exemptive provisions of SEC Rule 15c3-3(k). #### NOTE 7 – SEGMENT REPORTING The Company is engaged in several lines of business as a securities broker-dealer, which is comprised of several classes of services, including private placements and referral fee income. 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 (see Note 3), which is not a measure of profit and loss, to make operationaldecisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Company's operations 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. #### NOTE 8 – COMMITMENTS AND CONTINGENCIES Janssen Partners, Inc does not have any commitments, guarantees, or contingencies (arbitrations, lawsuits, claims, etc.) that may result in a loss or future obligation or that may be asserted against the firm at a future date as of December 31, 2025. #### NOTE 9 - COMPANY CONDITIONS The Company has a loss of \$36,559 for the yearending December 31, 2025, and has received capital contributions from it's stockholder for working capital. The Company's stockholder has represented that he intends to continue making capital contributions, as needed, to ensure the Company's continuing operations. The stockholder has the financial wherewithal to continue contributing, as required. {11}------------------------------------------------ #### NOTE 9 - COMPANY CONDITIONS – CONTINUED Management expects the Company to continue as a going concern and the accompanying financial statements have been prepared on a going-concern basis without adjustments for realization in the event the Company ceases to continue as a going concern. #### NOTE 10 – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date on which these financial statements were available to be issued. The Company did not identify any material subsequent events requiring adjustments to or disclosure in its financial statements. {12}------------------------------------------------ # Schedule I JANSSEN PARTNERS, INC. # Computation of Net Capital and Aggregate Indebtedness Pursuant to Rule 15c3-1 of the Securities and Exchange Commission For the Year Ended December 31, 2025 | JANSSEN
PARTNERS,
INC.
Schedule
I
Computation
of
Net
Capital
and
Aggregate
Indebtedness
Pursuant
to
Rule
15c3-1
of
the
Securities
and
Exchange
For
the
Year
Ended
December
31,
2025 | Commission | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------| | Total
stockholder's
equity
qualified
for
net
capital | \$

35,901 | | Deductions
and/or
charges |
3,667 | | Haircuts
on
securities
Other
Undue
concentration
Total
haircuts
and/or
charges |
2,230
1,747

3,977 | | Net
capital | \$

28,257 | | Aggregate
indebtedness
Accounts
payable
and
accrued
expenses | \$

6,250 | | Total
aggregate
indebtedness | \$

6,250 | | Computation
of
basic
net
capital
requirement
Minimum
net
capital
required(greater
of
\$5,000
or
6
2/3%
of
aggregate
indebtedness) | \$

5,000 | | Net
capital
in
excess
of
minimum
requirement | \$

23,257 | | Net
capital
less
greater
of
10%
of
aggregate
indebtedness
or
120%
of
minimum
net
capital
required | \$

22,257 | | Ratio
of
aggregate
indebtedness
to
net
capital | 0.22to
1 | The above computation does not differ materially from the computation of net capital under Rule 15c3-1 as of December 31, 2025 as reported by Janssen Partners, Inc. on Form X-17A-5 Part IIA. {13}------------------------------------------------ # SUPPLEMENTAL INFORMATION JANSSEN PARTNERS, INC ## SCHEDULE II #### For the Year Ended December 31, 2025 # Computation for Determination of Reserve Requirements for Broker and Dealers Pursuant to Rule Under Rule 15c3-3 under the Securities and Exchange Commission The Company does claim an exemption from SEC Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073, as discussed in Q&A 8 of the related FAQ issued by SEC staff. The Company 1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, 2) did not carry accounts of customers of or for customers, and 3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the period ending December31, 2025, without exception. {14}------------------------------------------------ # SCHEDULE III #### For the Year Ended December31, 2025 #### Information Relating to the Possession or Control Requirements under the Securities and Exchange Commission Rule 15c3-3 The Company does claim an exemption from SEC Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073, as discussed in Q&A 8 of the related FAQ issued by SEC staff. The Company 1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, 2) did not carry accounts of customers of or for customers, and 3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the period ending December31, 2025, without exception. {15}------------------------------------------------ ![](_page_15_Picture_0.jpeg) 100 E Ave. Suite 130 Maitland 32751 Public nam 407 740 7311 740-6441 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockholder of Janssen Partners, Inc. We have reviewed management's statements, included the Rule 15c3 3 Exemption Report pursuant to SEC Rule 17a-5 in which (1) Janssen Partners, Inc (the Company) did not claim an exemption under paragraph (k) of 17 C F.R §240 15 33 and (2)the Company filing this Exemption Report relying on Footnote 74 of the SEC Release No 34-70073 adopting amendments to 17 C F § 240 17a-5 because the Company limits its business activities exclusively to participating distributions of securities (other than firm commitment underwritings) accordance with the requirements of paragraphs (a) or (b)(2) of Rule c4 4, debt and equity broker In addition the Company did not directly indirectly , hold or otherwise funds or securities for or to customers, did not carry accounts of or for customers and did not carry PAB accounts (as defined Rule 15c -3) throughout the most recent fiscal year without exception. Janssen Partners, Inc. s management responsible for compliance with the contemplated by Footnote 74 of SEC Release No 34-70073 adopting amendments to 17 C.F.R § 240.17a-5 and related SEC Staff Frequently Asked Questions and its statements. Our 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 Janssen Partners Inc.'s compliance with the provisions of Footnote 74 of 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 the of an opinion on management's statements. Accordingly, we do not express such an Based our review we are not of any material modifications that should be made to management s statements referred to above for them to be fairly stated all material respects, based upon the Company's business activities contemplated by Footnote 74 of the SEC Release No 34 70073 adopting amendments to 17 C F § 240 17a 5 and related SEC Staff Frequently Asked Questions SS C Ohab Company, PA Maitland Florida February 26, 2026 {16}------------------------------------------------ Janssen Partners Inc.'s Exemption Report 1010 North B Street Fairfield IA 52556 # . . Janssen Partners, Inc (the Company is a registered broker dealer subject Rule 17a 5 promulgated by the Securities and Exchange Commission 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 S d) ) and ( The Company does not claim an exemption under paragraph (k of 17 C .R. 240 15c3 3 and (2 The Company is filing thisExemption Report relying on Footnote 74 of the SEC Release No. 34 70073 adopting amendments 17 C .R. § 240.17a 5 because the Company limits its business activities exclusively to participating in distributions of securities (other than firm commitment underwritings in accordance with the requirements of paragraphs a) (b (2) of Rule 15c2 4,debt and equity broker; and the Company did not directly or indirectly receive, hold, otherwise owe funds securities for or customers; did not carry accounts of or for customers and 3 did carry PAB accounts (as defined in Rule 15c3 3 throughout the most recent fiscal year without exception. , on , ., swear (or affirm that, to my best knowledge and belief this Exemption Report is true and correct Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.