# SUPREME ALLIANCE LLC X-17A-5 (2026-04-21) — Broker-dealer annual report - Company: SUPREME ALLIANCE LLC - Form: X-17A-5 - Filed: 2026-04-21 - Period: 2025-12-31 - Accession: 0001063034-26-000004 - CIK: 1063034 - File #: 8-51046 - Type: Broker-dealer - Material weakness: No - Auditor: Ohab & Company, PA - Auditor location: Maitland, FL - Contact: Tracey Raber - Phone: 561-460-2870 - Email: tracey@supremealliancellc.com - Website: supremealliancellc.com - Signed by: Tracey Raber (CFO) Original filing: https://www.sec.gov/Archives/edgar/data/1063034/000106303426000004/2025Public.pdf --- {0}------------------------------------------------ | 8-51046 | | |---------|--| | 01/01/25
12/31/25 | | | | | |---------------------------------------|-----------------|------|-------------------------------|--| | | | | | | | | | | | | | Supreme
Alliance | LLC | | | | | ■ | | | | | | | | | | | | 14804
Resolves
Lane | | | | | | | | | | | | Charlotte | NC | | 28277 | | | | | | | | | | | | | | | Tracey
Raber | 561-460-2870 | | tracey@supremealliancellc.com | | | | | | | | | | | | | | | Ohab
&
Company
PA | | | | | | | | | | | | 100
E.
Sybelia
Ave.
Suite | 130
Maitland | FL | 32751 | | | | | | | | | July
28,
2004 | | 1839 | | | | | | | | | {1}------------------------------------------------ | Tracey Raber | | |--------------|--| | | | | | | | Supreme Alliance LLC | | |-------|--|-----|----------------------|--| | 12/31 | | 025 | | | | | | | | | State of Florida County of Charlotte Sworn to (or affirmed) and subscribed before me by means of online notarization, this 04/16/2026 by Tracey Raber. | Meagen R. Fridie | |------------------| | | Meagan R F Bestic \_\_\_ Personally Known OR \_\_\_ Produced Identification \_Pr Type of Identification Produced \_\_\_\_\_\_\_ DRIVER LICENSE - - - - - - - - - - - - - - - - - - - - - - - - - - - Notarized remotely online using communication technology via Proof. | CFO | | | |-----|--|--| {2}------------------------------------------------ ![](_page_2_Picture_0.jpeg) {3}------------------------------------------------ # Statement of Financial Condition As of December 31, 2025 | Assets: | | | | |--------------|---------------------------------------|-------------|-------------| | | Cash and cash equivalents | \$239,121 | | | | Marketable Securities | 2,377,945 | | | | Commission Receivable | 142,721 | | | | Prepaid Expenses | 44,000 | | | | Total Assets | | \$2,803,787 | | | | | | | Liabilities: | | | | | | Commissions Payable | \$121,338 | | | | Accounts Payable | 0 | | | | Payable to Broker Dealer | 878,364 | | | | Total Liabilities | | 999,702 | | | | | | | Equity: | | | | | | Members' Equity | \$1,804,085 | | | | Total Members' Equity | | 1,804,085 | | | | | | | | Total Liabilities and Members' Equity | | \$2,803,787 | See Independent Auditor's Report and Accompanying Notes to Financial Statements {4}------------------------------------------------ As of December 31, 2025 ## **NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** ### **Nature of Business and Regulation** Supreme Alliance, LLC ("the Company") is a Delaware limited liability company that began broker-dealer operations in March 1998 to market life insurance and mutual fund products to insurance agents. The Company is registered with the SEC and are members of Financial Industry Regulatory Authority (FINRA) and is a wholly owned subsidiary of Insurance Distribution Consulting, LLC. The company participates in annuity contracts and mutual funds. The Company is registered according to the \$5,000 net capital provisions of SEA Rule 15c3-1 because of its limited nature. The Company will conduct both institutional and retail business. The company is also an SEC registered RIA. ### **Cash Equivalents** The Company considers all short-term non-equity investments with an original maturity of three months or less to be cash equivalents. ### **Revenue Recognition** Revenue includes fees from mutual funds and distribution fees. 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; how to allocate the transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should be applied due to uncertain future events. *Brokerage Commissions*. Commissions on the sale of mutual funds and related expenses are recorded on the trade date. The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying financial instrument or purchaser is identified, the pricing is agreed upon and the risks and reward of ownership of the securities have been transferred to/from the customer. Commissions from the sale of variable annuities are recognized as revenue at the point in time the associated service is fulfilled, which is based on when the application is accepted by the insurance company. *Investment Advisory Fees*. The Company provides investment advisory services on a daily basis. The Company believes the performance obligation for providing advisory services is satisfied over time because the customer is receiving and consuming the benefits as they are provided by the Company. Fee arrangements are based on a percentage applied to the customer's assets under management. Fees are received monthly or quarterly and are recognized as revenue at that time as they relate specifically to the services provided in that period, which are distinct from the services provided on other periods. {5}------------------------------------------------ As of December 31, 2025 *Distribution Fees (12B-1 Fees)*. The company enters into arrangements with managed accounts or other pooled investment vehicles (funds) to distribute shares to investors. The company may receive distribution fees paid by the fund upfront, over time upon the investor's exit from the fund (that is, a contingent deferred sales charge), or as a combination thereof. The Company believes that its performance obligation is the sale of the securities to investors and as such this is fulfilled on the trade date. Any fixed amounts are recognized on the trade date and variable amounts are recognized to the extent it is probable that a significant revenue reversal will not occur once the uncertainty is resolved. For variable amounts, as the uncertainty is dependent on the value of the shares at future points in time as well as the length of time the investor remains in the funds, both of which are highly susceptible to factors outside the Company's influence, the Company does not believe that it can overcome this constraint until the market value of the fund and the investor's activities are known, which are usually monthly or quarterly. Distribution fees recognized in the current period are primarily related to performance obligations that have been satisfied in prior periods. The company earns representative fees for billing representatives for yearly registration fees. ### **Other Income** Other non-commission income consists mainly of FINRA Registration Fees, which are recognized as performance obligations under the agreement are completed. ### **Unrealized Gains and marketable Securites** Unrealized gains represent increases or decreases in fair value of securities owned. ### **Marketable Securities** As of December 31, 2025, marketable securities consist of; | | 2025 | |--------------------------------------------|-------------| | Securities | \$2,373,240 | | Money Market | 4,706 | | Total marketable securities, at fair value | \$2,377,946 | ### **Income Taxes** The Company is a single member disregarded entity for federal and state income tax purposes. As a disregarded entity, the Company is not required to file federal or state income tax returns but the income and expenses of the Company are required to be included in the return of its single member. Therefore no provision or liability for federal or state income taxes has been included in the financial statements. {6}------------------------------------------------ As of December 31, 2025 State income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to differences between the financial and income tax bases of assets and liabilities. The deferred taxes assets and liabilities, if any, represent the future tax consequences of those differences, which will either be taxable or deductible when the assets or liabilities are recovered or settled. ## **Use of Estimates** The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of 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. ## **NOTE 2 - NET CAPITAL REQUIREMENT** The Company is subject to the Securities and Exchange Commission's (SEC's) uniform net capital rule (Rule 15c3- 1), which requires the maintenance of minimum net capital and that the ratio of aggregate indebtedness to net capital as defined by the Rule, shall not exceed 15 to 1. As of December 31, 2025, the Company had net capital of \$1,261,379 under Rule 15c3-1, which was \$1,194,732 in excess of its required net capital of \$66,647. ## **NOTE 3 - RELATED PARTY TRANSACTIONS** The Company operates out of residence of one of the Firm's Principal. There was no rent expense charged for the year ending December 31, 2025. # **NOTE 4 - SINGLE REPORTABLE SEGMENT REPORTING** The Company is engaged in a single line of business as a securities broker-dealer, comprised of various classes of financial services, including agency transactions, and investment advisory. The President of the Company serves as the Chief Operating Decision Maker ("CODM") and regularly reviews operational results, primarily utilizing measures such as net income and excess net capital to evaluate performance and allocate resources across the Company. The CODM predominantly relies on net income as a measure of profitability to assess overall operational performance and to inform forecasting decisions. Additionally, excess net capital, although not a direct measure of profitability, is regularly reviewed by the CODM for operational decisions concerning capital adequacy. This information guides strategic decisions, such as reinvesting profits back into the Company or distributing dividends to stakeholders. {7}------------------------------------------------ As of December 31, 2025 Revenue information, readily accessible from the Company's information systems, forms a foundational aspect of the CODM's performance assessment framework. While revenue-only data alone may generally be insufficient for comprehensive resource allocation or performance evaluation, within the Company, this data is regularly utilized in conjunction with other financial metrics, such as net income and excess net capital. The CODM accesses detailed financial reports regularly distributed through internal reporting systems, which provide granular insights into performance by service line, customer segment, and operational efficiency. Additionally, periodic meetings with departmental managers further enhance the CODM's understanding of operational dynamics and resource requirements. The accounting policies used to measure profit and loss of the segment are the same as those described in the summary of significant accounting policies. ## **NOTE 5 - COMMITMENTS AND CONTINGENCIES** The Company has no commitments or contingencies. ### **NOTE 6 - FAIR VALUE MEASUREMENTS** Fair value is defined under Accounting Standards Codification ("ASC") 820 as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). To measure fair value, a hierarchy has been established that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs. As such, the hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets and liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy in ASC 820 are described below: - Level 1 Unadjusted quoted prices in active markets that are accessible to the reporting entity at the measurement date for identical assets and liabilities. - Level 2 Inputs other than quoted prices in active markets for identical assets and liabilities that are observable either directly or indirectly for substantially the full term of the asset or liability. Level 2 inputs includeF the following: - Quoted prices for similar assets and liabilities in active markets, and quoted prices for identical or similar assets or liabilities in markets that are not active. - Observable inputs other than quoted prices that are used in the valuation of the asset or liabilities (e.g., interest rate and yield curve quotes at commonly quoted intervals). - Inputs that are derived principally from or corroborated by observable market data by correlation or other means. - Level 3 Unobservable inputs for the asset or liability (i.e., supported by little or no market activity). Level 3 inputs include assumptions that market participants would use in pricing the asset or liability (including assumptions about risk). {8}------------------------------------------------ As of December 31, 2025 The level in the fair value hierarchy within which the fair value measurement is classified is determined based on the lowest-level input that is significant to the fair value measurement in its entirety. The following table set forth, by level within the fair value hierarchy, Supreme Alliance LLC's assets at fair value as of December 31, 2025: # Assets at Fair Value as of December 31, 2025 | | Level 1 | Level 2 | Level 3 | Level 4 | |--------------|-------------|---------|---------|---------| | Mutual Funds | \$2,382,946 | - | - | - | | Money Market | \$4,705 | - | - | - | There were no transfers between levels 1, 2, and 3 for the year ended December 31, 2025. # **NOTE 7 - MARGIN BALANCE** The company margined part of its marketable securities as of December 31, 2025 in the amount of \$878,364, which is secured by the marketable securities. The interest charged for the year was \$10,539 which was at a rate of 6.83% to 6.338% depending on the balance. # **NOTE 8 - SUBSEQUENT EVENTS** The Company has evaluated those events and transactions that occurred through the date the financial statements were available to be issued. No material events or transactions have occurred during this period which would require disclosure or recognition. ### **NOTE 9 – CREDIT LOSSES** The Company follows ASC Topic 326, Financial Instruments – Credit Losses ("ASC 326"). ASC 326 impacts the impairment model for certain financial assets by requiring a current expected credit loss ("CECL") methodology to estimate expected credit losses over the entire life of the financial asset. Under the accounting update, the Company has the ability to determine that there are no expected credit losses in certain circumstances (e.g., based on the credit quality of the customer). The Company had accounts receivable as of December 31, 2024 and 2025 of \$99,019 and \$142,721 respectively. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.