# GRIFFIN FINANCIAL GROUP, LLC X-17A-5 (2023-03-28) — Broker-dealer annual report - Company: GRIFFIN FINANCIAL GROUP, LLC - Form: X-17A-5 - Filed: 2023-03-28 - Period: 2022-12-31 - Accession: 0001146330-23-000001 - CIK: 1146330 - File #: 8-53711 - Type: Broker-dealer - Material weakness: No - Auditor: Tomasi & Company PC - Auditor location: Wyomissing, PA - Contact: John Durofchalk - Phone: 610-478-2134 - Email: john.durofchalk@grlfflnflngroup.com - Website: grlfflnflngroup.com - Signed by: John Durofchalk (CFO/FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/1146330/000114633023000001/public20221.pdf --- {0}------------------------------------------------ | | UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 | Expires: Oct, 31, 2023 | 0MB APPROVAL
0MB Number: 3235-0123
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hours per response: 12. | | |-------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------|----------------------------------------------------------------------------------------------|--| | | ANNUAL REPORTS | | SEC FILE NUMBER | | | | FORM X-17A-5 | | | | | | PART Ill | | | | | | | | | | | | FACING PAGE
Information Required Pursuant to Rules l7a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | | | | | | 0 1/01 /22 | AND ENDING 12/31 /22 | | | | FILING FOR THE PERIOD BEGINNING | ---------
MM/DD/YY | | MM/DD/YY | | | | A. REGISTRANT IDENTIFICATION | | | | | | NAME0FF1RM: Griffin Financial Group, LLC | | | | | | | | | | | TYPE OF REGISTRANT (check all appllcable boxes):
0 Broker-dealer
D Check here If respondent Is also an OTC derivatives dealer | □ Security-based swap dealer | Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | 607 Washington Street | | | | | | | (No. and Street) | | | | | Reading | PA | | 19601. | | | (City) | (State) | | {Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | John Durofchalk | 610-478-2134 | | John.durofchalk@grlfflnflngroup.com | | | (Name) | (Area Code - Telephone Number) | · (Email Address) | | | | | B, ACCOUNTANT IDENTIFICATION | | | | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | Tomasi & Company | | | | | | | (Name- If lndlvldual, state last, first, and middle name) | | | | | | 1350 Broadcasting Road Wyomissing | PA | 19601 | | | {Address) | (City) | (State) | (Zip Code) | | | 6/9/2022 | | 3651 | | | | (Date of Registration with PCAOB)(lf applicable) | | (PCAOB Registration Number, If applicable) | | | | | FOR OFFICIAL USE ONl V | | | | | CFR 240.17a-5(e)(1)(11), If applicable. | " 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 railed on as the basis of the exemption, See 17 | | | | **Persons who are to respond to the collection of Information contained In this form are not required to respond unless the form displays** a **currently valid 0MB control number,** {1}------------------------------------------------ ## **OATH OR AFFIRMATION** | | swear (or affirm) that, to the best of my knowledge and belief, the
I, John Durofohalk | | | | |-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--| | | 2~
financial report pertaining to the firm of Griffin Financial Group, LLC
as of | | | | | | 12/31
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. | | | | | | | | | | | | Commonwealth of Pennsylvania • Notilry Seal
SUSAN LEOMPORRA, Notary Public
Beriy omml\$Slon Expires January 11 1 2026
Commission Number 1094604 | | | | | | This filing"'* contains (check all applicable boxes):
[] (a) Statement of financial condition.
D (b) Notes to consolidated statement of flnanclal condition.
D (c) Statement of Income (loss) or, If there Is other comprehensive Income In the perlod(s) presented, a statement of
comprehensive Income (as defined In§ 210,1-02 of Regulation S-X), | | | | | | D (d) Statement of cash flows.
D (e) Statement of changes in stockholders' or partners' or sole proprietor's equity,
D (f) Statement of changes In liabilities subordinated to claims of creditors.
D (g) Notes to consolidated financial statements. | | | | | D | D (h) Computation of net capital under 17 CFR 240,1Sc3-1 or 17 CFR 240,18a-1, as applicable.
D (I) Computation of tangible net worth under 17 CFR 240,18a-2.
D (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 E~hiblt B to 17 CFR 240.1s'c3-3 or
Exhibit A to 17 CFR 240.18a-4, as applicable. | | | | | D
D
D | (I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. ·
(m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
D (n) Information relating to possession or control requirements for 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 240.1Sc3-1, 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 | | | | | D
D | exist.
(p) summary of financial data for subsidiaries not consolidated In the statement of financial condition,
D (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.lBa-7, as applicable,
D (s) Exemption report In accordance with 17 CFR 240,17a-5 or 17 CFR ·240,1Ba-7, as applicable.
D (t) Independent public accountant's report based on an examination of the statement of financial condition,
D (u) Independent public accountant's report based on an examination of the financial report or financial stateme.hts under 17 | | | | | | CFR 240,17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
D (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17
CFR 240,17a-5 or 17 CFR 240.18a-7, as applicable, | | | | | | D (w) Independent public accountant's report based on a review of the' exemption report under 17 CFR 240,17a-5 or 17
CFR 240,18a-7, as applicable, | | | | | D | D (x) Supplemental reports on applying agreed-upon procedures, In accordance with 17 CFR 240,1Sc3-le or 17 CFR 240.17a-12,
as applicable.
(y) Report describing any material Inadequacies found 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), | | | | | D | __________________________________
(z) Other:
_
"'*To request confident/al treatment of certain portions of this fl/Ing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d}(2), as
applicable, | | | | i 1.,, {2}------------------------------------------------ **STATEMENT OF FINANCIAL CONDITION** | | December 31, 2022 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------| | ASSETS | | | Cash
Deposit with clearing organization
Receivable from clients
Prepaid expenses
Equipment, at cost, less accumulated depreciation of \$159,666
Other assets | 1,166,777
\$
109,292
85,966
516,035
82,261
1,469 | | TOTAL ASSETS | 1,961,800
\$ | | LIABILITIES AND MEMBER'S EQUITY | | | LIABILITIES | | | Accounts payable
Payable to broker-dealer and clearing organization
Payable to related party
Deferred compensation liability | 207,992
\$
5,628
604,290
159,146 | | TOTAL LIABILITIES | 977,066 | | MEMBER'S EQUITY | 984 744 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | 1,961,800
\$ | **The Accompanying Notes Are An Integral Part of These Financial Statements** Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.