# EVERLAKE DISTRIBUTORS, LLC X-17A-5 (2024-02-28) — Broker-dealer annual report

- Company: EVERLAKE DISTRIBUTORS, LLC
- Form: X-17A-5
- Filed: 2024-02-28
- Period: 2023-12-31
- Accession: 0001094466-24-000002
- CIK: 1094466
- File #: 8-52029
- Type: Broker-dealer
- Material weakness: No
- Auditor: Deloitte & Touche
- Auditor location: Chicago, IL
- Contact: Julie Harrigan
- Phone: 8476659930
- Email: julie.harrigan@everlakelife.com
- Website: everlakelife.com
- Signed by: Rebecca Kennedy (Manager & President)

Original filing: https://www.sec.gov/Archives/edgar/data/1094466/000109446624000002/formx170532023.pdf

---

{0}------------------------------------------------

# Everlake Distributors, LLC

(SEC I.D. No. 8-52029)

Financial Statements and Supplemental Schedules as of and for the Year Ended December 31, 2023 and Report of Independent Registered Public Accounting Firm

{1}------------------------------------------------

### TABLE OF CONTENTS

| REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                                                                                                         | 1   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|-----|
| FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2023:                                                                                            |     |
| Statement of Financial Condition                                                                                                                                | 2   |
| Statement of Income                                                                                                                                             | 3   |
| Statement of Changes in Member's Equity                                                                                                                         | 4   |
| Statement of Cash Flows                                                                                                                                         | 5   |
| Notes to Financial Statements                                                                                                                                   | 6-9 |
| SUPPLEMENTAL SCHEDULES AS OF DECEMBER 31, 2023:                                                                                                                 |     |
| Schedule H - Computation of Net Capital for Brokers and Dealers Pursuant to Rule 15c3-1<br>Under the Securities Exchange Act of 1934                            | 10  |
| Schedule J - Computation for Determination of Reserve Requirements for Brokers and Dealers<br>Pursuant to Rule 15c3-3 Under the Securities Exchange Act of 1934 |     |
| Report of Independent Registered Public Accounting Firm - 15c3-3 Review                                                                                         | 12  |
| Exemption Report                                                                                                                                                | 13  |

Page

{2}------------------------------------------------

#### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of Managers and the Member of Everlake Distributors, LLC Northbrook, Illinois

#### **Opinion on the Financial Statements**

We have audited the accompanying statement of financial condition of Everlake Distributors, LLC (the "Company") as of December 31, 2023, and the related statements of income, changes in member'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, in all material respects, the financial position of the Company as of December 31, 2023, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

#### **Basis for Opinion**

These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements 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 statements are 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 statements, 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 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 for our opinion.

#### **Report on Supplemental Schedules**

The accompanying supplemental schedules H and J (collectively "the supplemental schedules") have been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental schedules are the responsibility of the Company's management. Our audit procedures included determining whether the supplemental schedules reconcile to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in compliance with Rule 17a-5 under the Securities Exchange Act of 1934. In our opinion, such schedules are fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ DELOITTE & TOUCHE LLP

Chicago, Illinois

February 23, 2024

We have served as the Company's auditor since 2000.

{3}------------------------------------------------

#### **!"""" !**

| !!"!                             |          |
|----------------------------------|----------|
| 1C81>431C85AE9F1<5>DC            | <br><br> |
| )5359F12<56B?=1669<91D5C         | <br>     |
| &D85B1CC5DC                      | <br>     |
| ""!!"!                           | <br><br> |
| "! @!#"'                         |          |
| "!                               |          |
| '1I12<5D?1669<91D5C              | <br><br> |
| 33?E>DC@1I12<51>4133BE545H@5>C5C | <br>     |
| >3?=5D1H5C@1I12<5                | <br>     |
| """!                             | <br>     |
| @!#"'                            | <br>     |
| """! @!#"'                       | <br><br> |

\*55>?D5CD?69>1>391<CD1D5=5>DC 

{4}------------------------------------------------

#### STATEMENT OF INCOME FOR THE YEAR ENDED DECEMBER 31, 2023

| REMENUES:                                  |   |         |
|--------------------------------------------|---|---------|
| Fee income                                 | S | 347,605 |
| Underwriting revenue                       |   | 164,050 |
| Interest income                            |   | 35,449  |
| TOTAL REVENUES                             |   | 547,104 |
| EXPENSES:                                  |   |         |
| Salaries and employee benefits expenses    |   | 196,670 |
| General and administrative expenses        |   | 280,362 |
| Regulatory fees                            |   | 19,992  |
| Wholesaling and marketing expenses         |   | 14,631  |
| TOTAL EXPENSES                             |   | 511,655 |
| INCOME FROM OPERATIONS BEFORE INCOME TAXES |   | 35,449  |
| INCOME TAX EXPENSE                         |   | 7.444   |
| NET INCOME                                 | S | 28,005  |

See notes to financial statements.

{5}------------------------------------------------

#### STATEMENT OF CHANGES IN MEMBER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 2023

| MEMBER'S EQUITY - Beginning of year | A | 1,032,211 |
|-------------------------------------|---|-----------|
| NET INCOME                          |   | 28,005    |
| MEMBER'S EQUITY — End of year       |   | 1,060,216 |

See notes to financial statements.

{6}------------------------------------------------

#### **!"""!%! "'**

| *#&.*)&\$&')+ %+ - + *                                               |          |
|----------------------------------------------------------------------|----------|
| %5D9>3?=5                                                            | <br><br> |
| 4:ECD=5>DCD?B53?>39<5>5D9>3?=5D?>5D31C8@B?F94542I?@5B1D9>713D9F9D95C |          |
| 81>75C9>                                                             |          |
| )5359F12<56B?=1669<91D5C                                             | <br>     |
| &D85B1CC5DC                                                          | <br>     |
| '1I12<5D?1669<91D5C                                                  | <br>     |
| 33?E>DC@1I12<51>4133BE545H@5>C5C                                     | <br>     |
| >3?=5D1H5C@1I12<5                                                    | <br>     |
| %5D31C8@B?F94542I?@5B1D9>713D9F9D95C                                 | <br>     |
| %+ %)* %*%*(, -#%+*                                                  | <br>     |
| *%*(, -#%+*L579>>9>7?6I51B                                           |          |
| *%*(, -#%+*L>4?6I51B                                                 | <br><br> |

\*55>?D5CD?69>1>391<CD1D5=5>DC 

{7}------------------------------------------------

#### **"!"!"""!**

#### 

**(9095-68,9,4:(:054** +85133?=@1>I9>769>1>391<CD1D5=5>DC9>3<E45D85133?E>DC?6F5B<1;59CDB92ED?BC## D85 M?=@1>IN 1 <9=9D54 <9129<9DI 3?=@1>I G8?<<I ?G>54 2I F5B<1;5 #965 >CEB1>35 ?=@1>I MF5B<1;5 #965N F5B<1;5#9659C1G8?<<I?G>54CE2C9491BI?6F5B<1;5,\*?<49>7C?=@1>I1G8?<<I?G>54CE2C9491BI ?6F5B<1;5,\*'1B5>D?=@1>I1G8?<<I?G>54CE2C9491BI?6F5B<1;5?<49>7C#' +85C569>1>391<CD1D5=5>DC 81F5 255> @B5@1B549> 3?>6?B=9DIG9D8 133?E>D9>7 @B9>39@<5C 75>5B1<<I 1335@D549>D85,>9D54 \*D1D5C ?6=5B931 M'N 

'B9?BD?%?F5=25B

F5B<1;5#965G1C1G8?<<I?G>54CE2C9491BI?6<<CD1D5 >CEB1>35?=@1>I M<<CD1D5N1G8?<<I?G>54CE2C9491BI?6<<CD1D5 >CEB1>35?<49>7C##1G8?<<I?G>54CE2C9491BI?6+85 <<CD1D5?B@?B1D9?> 

&>%?F5=25B

F5B<1;5#965D85?=@1>I1>435BD19>1669<91D5CG5B513AE9B542IF5B<1;5,\*?<49>7C ?=@1>I1>1669<91D5?61>9>F5CD=5>D6E>41CC?391D54G9D8<13;CD?>5 >3 \*E2C5AE5>D<ID85?=@1>IG1C B5>1=54D?F5B<1;59CDB92ED?BC## +85?=@1>I494>?D5<53DD85?@D9?>D?1@@<I@EC84?G>133?E>D9>79> D85C569>1>391<CD1D5=5>DCE@?>381>759>3?>DB?< 

**#9,5-,9:03(:,9** +85@B5@1B1D9?>?6D8569>1>391<CD1D5=5>DC9>3?>6?B=9DIG9D8'B5AE9B5C=1>175=5>DD? =1;5 5CD9=1D5C 1>4 1CCE=@D9?>C D81D 16653D D85 1=?E>DC B5@?BD54 9> D85 69>1>391< CD1D5=5>DC 1>4 133?=@1>I9>7 >?D5C 3DE1<B5CE<DC3?E<449665B6B?=D8?C55CD9=1D5C 

**(:;8,5-56,8(:0549** +85?=@1>I15<1G1B5<9=9D54<9129<9DI3?=@1>I9C12B?;5B 451<5BB579CD5B54G9D8D85 \*53EB9D95C1>4H381>75?==9CC9?>M\*N1>49C1=5=25B?6D859>1>391< >4ECDBI)57E<1D?BIED8?B9DI >3 M %)N 

+85?=@1>I9C1>?> 3<51B9>72B?;5B 451<5B1>4C5BF5C1C@B9>39@1<E>45BGB9D5B6?B9>49F94E1<1>47B?E@6<5H92<5 @B5=9E= 4565BB541>>E9DI3?>DB13DC1>4\* B579CD5B54 F1B912<51>>E9DI F1B912<5<9651>4 F1B912<5 E>9F5BC1<<965 3?>DB13DCD81DG5B59CCE542IF5B<1;5#9651>435BD19>?69DCCE2C9491B95C1>41669<91D5CD85M9CCE5BCN 6653D9F5 !1>E1BI 
 
 D85 9CCE5BC 351C54 C5<<9>7 >5G 1>>E9DI 3?>DB13DC 1>4 56653D9F5 %?F5=25B 
 
 D85 9CCE5BC 351C54C5<<9>7>5G<9659>CEB1>353?>DB13DC 449D9?>1<45@?C9DC1B51335@D54?>5H9CD9>73?>DB13DC 

 >
F5B<1;5#965C?<4?>5?69DCCE2C9491B95C#9>3?<>5>569D#965?=@1>IM##NG89389>3<E454##OC <9659>CEB1>352EC9>5CC75>5B1D54D8B?E789>45@5>45>D=1CD5B2B?;5B175175>395C##OC4565BB5469H541>>E9D95C 1>49DC<?>7 D5B=31B59>CEB1>352EC9>5CC +85?=@1>I5>D5B549>D?1@B9>39@1<E>45BGB9D9>717B55=5>DG9D8## 6?BD85F1B912<5E>9F5BC1<<9653?>DB13DCC?<4D8B?E78##9>45@5>45>D=1CD5B2B?;5B175175>395C 

&> &3D?25B 
 
 F5B<1;5 #965OC CE2C9491BI <<CD1D5 #965 >CEB1>35 ?=@1>I ?6 %5G 0?B; M#%0N 1>4 1669<91D5 >DB1=5B931 #965 >CEB1>35 ?=@1>I M >DB1=5B931N G5B5 C?<4 D? .9<D?> )51CCEB1>35 ?=@1>I +85 ?=@1>I 5>D5B549>D? 1 @B9>39@1< E>45BGB9D9>7 17B55=5>DG9D8#%0 1>4 >DB1=5B931 6?BD859B F1B912<5 1>>E9DI 1>4 F1B912<5 E>9F5BC1<<9653?>DB13DC &>%?F5=25B 
 
#%01>4 >DB1=5B931G5B5=5B754G9D81>49>D? .9<D?>)51CCEB1>35#965?=@1>I?6%5G0?B;M.)%0N .)%09C>?D1>1669<91D5?6D85?=@1>I 

**!;)9,7;,4: ,<,4:9** \*E2C5AE5>D 5F5>DC G5B5 5F1<E1D54 D8B?E78 52BE1BI  D85 41D5 D85 69>1>391< CD1D5=5>DCG5B59CCE54 

{8}------------------------------------------------

#### **!# '!"#"!**

**,,04\*53,** 559>3?=5B56<53DC1=?E>DC381B754D?F5B<1;5#9659>3?>>53D9?>G9D8D85C1<5C1>4G8?<5C1<9>7 C5BF935C @B?F9454 2I D85 ?=@1>I 55 9>3?=5 9C 51B>54 9> D85 @5B9?4 D81D D85 3?BB5C@?>49>7 B59=2EBC12<5 5H@5>C5C1B59>3EBB54G89389CG85>D85 @5B6?B=1>35 ?2<971D9?>9C C1D9C6954 B5359F12<59C5CD12<9C854 6?B 655C 381B7542ED>?DI5D3?<<53D54 

**#4+,8=80:04. 8,<,4;,9** ,>45BGB9D9>7 B5F5>E5C B56<53D 49CDB92ED9?> 655C 4E5 6B?= F5B<1;5 #965 6?B 3?>DB13DC E>45BGB9DD5> 2I D85 ?=@1>I ,>45BGB9D9>7 B5F5>E5C 1<C? 9>3<E45 E>45BGB9D9>7 3?=@5>C1D9?> 6B?= ## 1>4 .)%0 ,>45BGB9D9>7B5F5>E5C1B551B>54G85>4E59>133?B41>35G9D8D85E>45BGB9D9>717B55=5>DCG89389CD85 C1=5@5B9?4D85@5B6?B=1>35?2<971D9?>9CC1D9C6954 B5359F12<59C5CD12<9C8546?B655CD81D81F5255>51B>542ED 1B5>?DI5D3?<<53D54 

**>6,49,9** H@5>C5C3?>C9CD?6C1<1B95C1>45=@<?I5525>569DC1>475>5B1<1>414=9>9CDB1D9F55H@5>C5C H@5>C5C 1B5B53?7>9J541C9>3EBB54 H@5>C5C9>3EBB549>31BBI9>7?EDD85?=@1>IOC4ED95C1>4B5C@?>C929<9D95C9>9DCB?<5 1C @B9>39@1< E>45BGB9D5B 1>4 G8?<5C1<5B 6?B 3?>DB13DC 9CCE54 2I F5B<1;5 #965 1>4 9DC CE2C9491B95C 1>4 2I >?> 1669<91D5C9>5H35CC?6E>45BGB9D9>7B5F5>E51B5B59=2EBC54D8B?E786559>3?=5 

 **,.;2(:58? -,,9** )57E<1D?BI 655C B56<53D %)<935>C9>7 655C CD1D5 69<9>7 655C 1>4 ?D85B 3?CDC9>3EBB549>D85 >?B=1<3?EBC5?62EC9>5CC 

**%/52,9(204. (4+3(81,:04. ,>6,49,9** .8?<5C1<9>7 1>4=1B;5D9>7 5H@5>C5C B56<53D 1=?E>DC @194 ?B 4E5D? 1> E>1669<91D54 D89B4 @1BDI 6?B G8?<5C1<9>7 1>4 =1B;5D9>7 CE@@?BD @B?F9454 D? F5B<1;5 #965 6?B F1B912<5 1>>E9DI 3?>DB13DCE>45BGB9DD5>2ID85?=@1>I 

**4\*53,:(>,9** +859>3?=5D1H@B?F9C9?>9C31<3E<1D54E>45BD85<9129<9DI=5D8?4 565BB54D1H1CC5DC1>4<9129<9D95C 1B5B53?B45421C54E@?>D8549665B5>3525DG55>D8569>1>391<CD1D5=5>D1>4D1H21C5C?61CC5DC1>4<9129<9D95C1DD85 5>13D54D1H B1D5C +85?=@1>I 814 >? 49665B5>35C 25DG55>D8569>1>391< CD1D5=5>D 1>4D1H 21C5C ?6 1CC5DC 1>4 <9129<9D95C1C?6535=25B
 +859>1>391<33?E>D9>7\*D1>41B4C?1B481C9CCE541>33?E>D9>7\*D1>41B4C ,@41D5 ?> >3?=5+1H5C \*,+?@93 G8938G9<< 25 56653D9F56?BD85 I51B 5>454535=25B 
  +89C E@41D59C>?D5H@53D54D?81F51=1D5B91<9=@13D?>D85?=@1>IOC69>1>391<CD1D5=5>D49C3<?CEB5C 

**(9/ (4+ \*(9/ ,7;0<(2,4:9** 1C8 5AE9F1<5>DC 9>3<E45 8978<I <9AE94 9>F5CD=5>DC 9> =?>5I =1B;5D 6E>4C G9D8 ?B979>1<=1DEB9D95C?6<5CCD81>>9>5DI41IC \$?>5I=1B;5D6E>4C1B531BB9541D619BF1<E5G89389C5AE1<D?D85>5D 1CC5DF1<E5?6D856E>4C 

**!,.3,4:09\*259;8,** +85?=@1>I?@5B1D5C1C1C9>7<5C57=5>D5>D9DI21C54?>D85=1>>5B9>G8938D85 ?=@1>IEC5C69>1>391<9>6?B=1D9?>D?5F1<E1D52EC9>5CC@5B6?B=1>351>4D?45D5B=9>5D851<<?31D9?>?6B5C?EB35C +859>1>391<33?E>D9>7\*D1>41B4C?1B481C9CCE541>33?E>D9>7\*D1>41B4C,@41D5?>\*57=5>D)5@?BD9>7 \*,+?@93G8938G9<<2556653D9F56?BD85I51B5>454535=25B
 +85?=@1>I?@5B1D5CE>45B?>5 C57=5>D1>4D89CE@41D59C>?D5H@53D54D?81F51=1D5B91<9=@13D?>D8569>1>391<CD1D5=5>D49C3<?CEB5C 

#### **\$#!!"!"!**

19BF1<E59C4569>541CD85@B935D81DG?E<425B5359F54D?C5<<1>1CC5D?B@194D?DB1>C65B1<9129<9DI9>1>?B45B<I DB1>C13D9?>25DG55>=1B;5D@1BD939@1>DC1DD85=51CEB5=5>D41D5 +85895B1B38I6?B9>@EDCEC549>45D5B=9>9>7619B F1<E5 =1H9=9J5C D85 EC5 ?6 ?2C5BF12<5 9>@EDC 1>4 =9>9=9J5C D85 EC5 ?6 E>?2C5BF12<5 9>@EDC 2I B5AE9B9>7 D81D ?2C5BF12<59>@EDC25EC54G85>1F19<12<5 CC5DCB53?B454?>D85\*D1D5=5>D?69>1>391<?>49D9?>1D619BF1<E51C ?6535=25B
3?>C9CD?6=?>5I=1B;5D6E>4C9>3<E4541C13?=@?>5>D?631C81>431C85AE9F1<5>DC +85B5 1B5>?<9129<9D95C31BB9541D619BF1<E5 \$?>5I=1B;5D6E>4C1B531D57?B9J549>D85619BF1<E5895B1B38I21C54?>D85 ?2C5BF129<9DI?69>@EDCD?D85F1<E1D9?>D538>9AE5C1C6?<<?GC

{9}------------------------------------------------

*-*CC5DCG8?C5F1<E5C1B521C54?>E>14:ECD54AE?D54@B935C6?B945>D931<1CC5DC9>1>13D9F5 =1B;5DD81DD85?=@1>I31>1335CC 

CC5DCG8?C5F1<E5C1B521C54?>D856?<<?G9>7

- 1 (E?D54@B935C6?BC9=9<1B1CC5DC9>13D9F5=1B;5DC
- 2 (E?D54@B935C6?B945>D931<?BC9=9<1B1CC5DC9>=1B;5DCD81D1B5>?D13D9F5?B
- 3 -1<E1D9?>=?45<CG8?C59>@EDC1B5?2C5BF12<549B53D<I?B9>49B53D<I 6?BCE2CD1>D91<<ID85 6E<<D5B=?6D85 1CC5D
- CC5DCG8?C5F1<E5C1B521C54?>@B935C?BF1<E1D9?>D538>9AE5CD81DB5AE9B59>@EDCD81D1B52?D8 E>?2C5BF12<51>4C97>96931>DD?D85?F5B1<<619BF1<E5=51CEB5=5>D ,>?2C5BF12<59>@EDCB56<53D D85?=@1>IOC5CD9=1D5C?6D851CCE=@D9?>CD81D=1B;5D@1BD939@1>DCG?E<4EC59>F1<E9>7D85 1CC5DC

EB9>7D85B5@?BD9>7@5B9?41<<=?>5I=1B;5D6E>4C3?>C9CD?6C81B5C?6=EDE1<6E>4CD?D1<9>7-D81D81F5 419<IAE?D54>5D1CC5DF1<E5C6?B945>D931<1CC5DCD81DD85?=@1>I31>1335CC1>41B531D57?B9J541C#5F5< +85 >5D1CC5DF1<E5C1B5B5359F54=?>D8<I6B?=D85D89B4@1BDI3ECD?491<69>1>391<9>CD9DED9?> 

+85619BF1<E5?61<<?D85B69>1>391<1CC5DC1>4<9129<9D95C1@@B?H9=1D5CD859B31BBI9>7F1<E51CD85I1B5C8?BD D5B=9> >1DEB5 

#### **"" # "!**

C1 B579CD5B542B?;5B 451<5BD85?=@1>I9CCE2:53DD?D85\*,>96?B=%5D1@9D1<)E<5
3 D85M)E<5N G8938 B5AE9B5CD85 =19>D5>1>35 ?6 =9>9=E= >5D 31@9D1< 1C 4569>54 E>45BD85 )E<5 5AE9F1<5>DD?D85 7B51D5B ?6 -?B ?6177B571D59>452D54>5CC1C4569>54E>45BD85)E<5 

C?6535=25B
D85?=@1>I814>5D31@9D1<1C4569>54E>45BD85)E<5?6-G8938G1C -9>5H35CC?6B5AE9B54>5D31@9D1<?6- 

+85?=@1>IOC177B571D59>452D54>5CC1C4569>54E>45BD85)E<5G1C ?69DC>5D31@9D1< 

#### **"&!**

C1<9=9D54<9129<9DI3?=@1>I1>4149CB571B4545>D9DI6?BD1H@EB@?C5CD85?=@1>IOC9>3?=5G9<<25B5@?BD54?> D859>3?=5D1HB5DEB>C?6F5B<1;5#9651CD85?=@1>IOCC?<5=5=25B 

?B@5B9?4C@B9?BD?%?F5=25B

D85?=@1>I:?9>54+85<<CD1D5?B@?B1D9?>1>49DC?D85B5<9792<5 4?=5CD93CE2C9491B95CD85M<<CD1D5B?E@N9>D8569<9>7?63?>C?<941D546545B1<9>3?=5D1HB5DEB>C >I 14:ECD=5>DCD81D=1IB5CE<D6B?= >D5B>1<)5F5>E5\*5BF9355H1=9>1D9?>C?6D85<<CD1D5B?E@OCD1HB5DEB>C1B5>?D 5H@53D54D?81F51=1D5B91<56653D?>D85?=@1>IOC69>1>391<CD1D5=5>DC1>4B5=19>G9D8+85<<CD1D5?B@?B1D9?> +85?=@1>I81C>?6EBD85B?2<971D9?>B5<1D54D?D85@B5 DB1>C13D9?>@5B9?4 

\*E2C5AE5>DD?%?F5=25B

F5B<1;5#9651>4D85?=@1>I1B59>3<E4549>D85F5B<1;5#965B?E@6545B1< 9>3?=5D1HB5DEB> +85F5B<1;5#965B?E@OC6545B1<D1H12<59>3?=56?BD85I51B5>454535=25B
9C 3?>C?<941D54G9D8D855>D9D95C<9CD5425<?G

| F5B<1;5#965 >CEB1>35?=@1>I | F5B<1;59CDB92ED?BC##        |
|----------------------------|-----------------------------|
| F5B<1;5CCEB1>35?=@1>I      | F5B<1;5'B9F1D5E>4 ?<49>7C## |
| # )59>CEB1>35?=@1>I        | F5B<1;5'B9F1D5E>4 ##        |

+85F5B<1;5#965B?E@5<53D54E>45B )\*53D9?>
1D?1<<?31D5D853?>C?<941D546545B1<9>3?=5D1H <9129<9DI21C54?>5138=5=25BOC6545B1<9>3?=5D1H<9129<9DI3?=@ED54?>1C5@1B1D5B5DEB>21C9C8?G5F5B1<<D1H

{10}------------------------------------------------

25>569DCB5CE<D9>76B?=<?CC5C1>4D1H3B549DC1B51<<?31D54D?D859>49F94E1<3?=@1>ID?D855HD5>DD85I31>25 ED9<9J549>D853?>C?<941D54B5DEB> +85?=@1>IG?E<4C5DD<59DCC81B5?6D85D1H<9129<9DI?B25>569D961>IG9D8 F5B<1;5#965 

+85?=@1>I814>?<9129<9DI6?BE>B53?7>9J54D1H25>569DC1C?6535=25B
1>425<95F5CD81DD85 E>B53?7>9J54D1H25>569DC21<1>35G9<<>?D=1D5B91<<I381>75G9D89>D85>5HD
=?>D8C 

+85?=@1>I@1949>3?=5D1H5C?6-9> +85
56653D9F5D1HB1D5?>9>3?=56B?=?@5B1D9?>C9> 9CD85C1=51CD85CD1DED?BI6545B1<9>3?=5D1HB1D5?6 

#### **" "'" !"!**

**,,04\*53,** +85?=@1>IB5359F5C6559>3?=56B?=D853?>DB13D9CCE5BC6?BG8938D85?=@1>IC5BF541C1 G8?<5C1<5B +856559>3?=59C21C54?>D855H@5>C5C9>3EBB549>3?>4E3D9>7D85G8?<5C1<9>713D9F9D95C EB9>7 D85?=@1>I51B>546559>3?=5?6-1<<?6G8938G1C6B?=F5B<1;5#9651B5<1D54@1BDI 

**#4+,8=80:04.8,<,4;,** +85?=@1>I51B>54E>45BGB9D9>7B5F5>E5?6-6?BE>45BGB9D9>7C5BF935C@B?F9454 D?F5B<1;5#9659> 

**>6,49,9** F5B<1;5\*5BF935C?=@1>I1>1669<91D5?6D85?=@1>I@B?F945CC5BF935C1>414=9>9CDB1D9F513D9F9D95C D?D85?=@1>I +85?=@1>I1<C?ED9<9J5C2EC9>5CC6139<9D95C<51C541>4?@5B1D542IF5B<1;5\*5BF935C?=@1>I 9> 3?>4E3D9>79DC 2EC9>5CC 13D9F9D95C +85?=@1>I B59=2EBC5C F5B<1;5 \*5BF935C?=@1>I 6?B 3?CDC9>3EBB549> @B?F949>7D85C5C5BF935C +853?CDD?D85?=@1>I9C45D5B=9>542IF1B9?EC1<<?31D9?>=5D8?4C1>49C@B9=1B9<I B5<1D54D?D85<5F5<?6C5BF935C@B?F9454 >D85D?D1<3?CDC1<<?31D54D?D85?=@1>I6?BD85C5C5BF935CG5B5 -6?BC1<1B95C1>45=@<?I5525>569DC1>4-6?B75>5B1<1>414=9>9CDB1D9F55H@5>C5CD?D1<9>7- 

+85?=@1>IB5@?BD54D856?<<?G9>71CB5359F12<56B?=1669<91D5C1C?6535=25B
 F5B<1;5#965 >CEB1>35?=@1>I -

+85?=@1>IB5@?BD54D856?<<?G9>71C@1I12<5D?1669<91D5C1C?6535=25B
 F5B<1;5\*5BF935C?=@1>I -

 

{11}------------------------------------------------

# COMPUTATION OF NET CAPITAL FOR BROKERS AND DEALERS PURSUANT TO RULE 15c3-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934

| December 31, 2023                                                               |         |     | Schedule H |
|---------------------------------------------------------------------------------|---------|-----|------------|
| NET CAPITAL                                                                     |         |     |            |
| TOTAL MEMBER'S EQUITY<br>ADJUSTMENTS TO NET CAPITAL PURSUANT TO RULE<br>15C3-1: |         | S   | 1,060,216  |
| Nonallowable assets:                                                            |         |     |            |
| Receivable from affiliates                                                      | 105,847 |     |            |
| Other assets                                                                    | 44,285  |     |            |
| Total nonallowable assets                                                       |         |     | 150,132    |
| HAIRCUTS ON SECURITIES POSITIONS:                                               |         |     |            |
| 2% Haircut on money market                                                      |         | S   | 15,585     |
| NET CAPITAL                                                                     |         | S   | 894,499    |
| AGGREGATE INDEBTEDNESS                                                          |         | ಕಾ  | 190,312    |
| COMPUTATION OF ALTERNATE NET CAPITAL<br>REQUIREMENT:                            |         |     |            |
| MINIMUM NET CAPITAL REQUIRED                                                    |         |     |            |
| (6 2/3% of aggregate indebtedness)                                              |         | S   | 12,687     |
| MINIMUM DOLLAR NET CAPITAL REQUIREMENT OF                                       |         |     |            |
| REPORTING BROKER OR DEALER                                                      |         | S   | 5,000      |
| NET CAPITAL REQUIREMENT (Greater of \$5,000 or                                  |         |     |            |
| 6 2/3% of aggregate indebtedness)                                               |         | ಕಾ  | 12,687     |
| EXCESS NET CAPITAL                                                              |         | ಕಿತ | 881,812    |
| PERCENTAGE OF AGGREGATE INDEBTEDNESS TO NET                                     |         |     | 21.28 %    |
| CAPITAL                                                                         |         |     |            |

Note: There are no material differences between the computations using the amounts reported in the accompanying audited financial statements and the computations as reported in the Company's unaudited FOCUS report, Part IIA, Form X17a-5, as of December 31, 2023, filed on January 25, 2024.

{12}------------------------------------------------

#### COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS FOR BROKERS AND DEALERS PURSUANT TO RULE 15C3-3 UNDER THE SECURITIES EXCHANGE ACT OF 1934 December 31, 2023

Schedule J

The Company is exempt from the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934, in that the Company's activities are limited to those set forth in the conditions for exemption appearing in paragraph (k)() of Rule 15c3-3.

{13}------------------------------------------------

#### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

To the Board of Managers and the Member of Everlake Distributors, LLC Northbrook, Illinois

We have reviewed management's statements, included in the accompanying Exemption Report, in which (1) Everlake Distributors, LLC (the "Company") identified the following provisions of 17 C.F.R. § 240.15c3-3(k) under which the Company claimed an exemption from 17 C.F.R. §240.15c3-3: paragraph (k)(1) (the "exemption provisions") and (2) the Company stated that the Company met the identified exemption provisions throughout the year ended December 31, 2023, without exception. The Company's management is responsible for compliance with the exemption provisions and its statements.

Our review 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 the Company's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(1) of Rule 15c3-3 under the Securities Exchange Act of 1934.

/s/ DELOITTE & TOUCHE LLP

Chicago, Illinois

February 23, 2024

{14}------------------------------------------------

#### **&" " ,\*,3),8**

F5B<1;59CDB92ED?BC##D85M?=@1>IN9C1B579CD5B542B?;5B 451<5BCE2:53DD?)E<5
1 @B?=E<71D542ID85 \*53EB9D95C1>4H381>75?==9CC9?> ) K 1 M)5@?BDCD?25=1452I35BD19>2B?;5BC1>4451<5BCN +89C H5=@D9?> )5@?BD G1C @B5@1B54 1C B5AE9B54 2I 
 ) K  1 4
 1>4 +? D85 25CD ?6 9DC ;>?G<54751>425<956D85?=@1>ICD1D5CD856?<<?G9>7

+85?=@1>I3<19=541>5H5=@D9?> 6B?= ) K 3 E>45BD85 6?<<?G9>7@B?F9C9?>C?6 ) K 3 @1B17B1@8; 

+85?=@1>I=5DD85945>D969545H5=@D9?>@B?F9C9?>C9> ) K 3 @1B17B1@8;
D8B?E78?EDD85 I51B5>454535=25B
G9D8?ED5H35@D9?> 

F5B<1;59CDB92ED?BC##

 )525331"5>>54I CG51B ?B1669B=D81DD?=I 25CD ;>?G<54751>4 25<956D89CH5=@D9?>)5@?BD9CDBE51>4 3?BB53D 

IC)525331"5>>54I

+9D<5'B5C945>D

52BE1BI


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.