Full text of KOVACK SECURITIES INC.'s X-17A-5 filed 2026-03-02 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ### **KOVACK SECURITIES, INC. (a wholly owned subsidiary of Kovack Financial LLC)** #### **FINANCIAL STATEMENT** ## **DECEMBER 31, 2025 and REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** **\*This report is deemed PUBLIC in accordance with Rule 17a-5(e)(3) under the Securities and Exchange Act of 1934** {1}------------------------------------------------ ## **TABLE OF CONTENTS** - 1. Report of Independent Registered Public Accounting Firm - 2. Statement of Financial Condition - 3. Notes to Financial Statement {2}------------------------------------------------  Rochester, New York ## **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Board of Directors and Stockholder of Kovack Securities, Inc.: #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of Kovack Securities, Inc. as of December 31, 2025, 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 Kovack Securities, Inc. as of December 31, 2025 in conformity with accounting principles generally accepted in the United States of America. ### **Basis for Opinion** This financial statement is the responsibility of Kovack Securities, Inc.'s management. Our responsibility is to express an opinion on Kovack Securities, Inc.'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 Kovack 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 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 statements. Our audit also included evaluating…Read the full text as markdown