# GRIFFIN FINANCIAL GROUP, LLC X-17A-5 (2024-03-26) — Broker-dealer annual report - Company: GRIFFIN FINANCIAL GROUP, LLC - Form: X-17A-5 - Filed: 2024-03-26 - Period: 2023-12-31 - Accession: 0001146330-24-000001 - 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.durofcha1k@griffinfingroup.com - Website: griffinfingroup.com - Signed by: John Durofchalk (CFO/FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/1146330/000114633024000001/public1.pdf --- {0}------------------------------------------------ | | | UNITED STATES | | Expires: Nov. 30, 2026 | 0MB APPROVAL
0MB Number: 3235-0123 | | | | | |----------------------------|---------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|-------------------------------------|--------------------------------------------|--|--|--|--| | | | SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 | | | | | | | | | | | ANNUAL REPORTS | | | SEC FILE NUMBER | | | | | | | | FORM X-17A-S | | 8-53711 | | | | | | | | | PART Ill | | | | | | | | | | | FACING PAGE
Inform, tion Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange A~ of 1934 | | | | | | | | | | FILING FC R THE PERIOD BEGINNING O 1/01/2023 | | AND ENDING | | 12/31/2023 | | | | | | | | MM/DD/YY | | | MM/DD/YY | | | | | | | | A. REGISTRANT IDENTIFICATION | | | | | | | | | | | NAMEO FIRM: Griffin Financial Group, LLC | | | | | | | | | TYPE OF
0 Broke -dealer | EGISTRANT (check all applicable boxes):
0 Che k 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 | 1 Vashington Street | | | | | | | | | | | | (No. and Street) | | | | | | | | | Rea< 1ng | | | 19601 | | | | | | | | | {City) | PA
{State) | | | {Zip Code) | | | | | | PERSON | 0 CONTACT WITH REGARD TO THIS FILING | | | | | | | | | | | John Durofchalk | 610-478-2134 | | john.durofcha1k@griffinfingroup.com | | | | | | | {Name) | | (Area Code -Telephone Number) | | (Email Address) | | | | | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | | | | INDEPEN )ENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | | | | | | Tom isi & Company | | | | | | | | | | | | (Name- if individual, state last, first, and middle name) | | | | | | | | | | | 1350 Broadcasting Road Wyomissing | PA | | 19601 | | | | | | {Address) | | {City) | {State) | | {Zip Code) | | | | | | 6/9/2 022 | | | 3651 | | | | | | | | | (Date of Re istration with PCA0B)(if applicable) | | | | (PCA0B Registration Number, if applicable) | | | | | | | | FOR OFFICIAL USE ON LY | | | | | | | | | | | | | | | | | | | | | | * Claims fa exemption from the requirement that the annual reports be covered by the reports of an independent public
accounta nt must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 | | | | | | | | Persons wh o are to respond to the collection of information contained in this form are not required to respond unless the form displays a c Jrrently valid 0MB control number. {1}------------------------------------------------ ### **OATH OR AFFIRMATION** | 1, John Durofchal | | | | | | swear (or affirm) that, to the best of my knowledge and belief, the | | | |-------------------|--|--|-------------------------------------------------------------------------|--|--|---------------------------------------------------------------------|--|-------| | | | | financial report pertaining to the firm of Griffin Financial Group, LLC | | | | | as of | **12/31** 2~, 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 cust mer. **Commonwealth of nnsylvania • Notary Seal Theresa E. K rtz, Notary Public County ·,es December 23, 2026 umber 1431052** # Title: FINOP/C Notary Public ## **This filing\*\* co tains (check all applicable boxes):** - ~ (a) Stateme t of financial condition. - 0 (b) Notes to onsolidated statement offinanda! condition. - □ (c) Statemen of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehens ve income (as defined in *§* 210.1-02 of Regulation 5-X). - □ (d) Stateme t of cash flows. - D (e) Stateme t of changes in stockholders' or pa'rtners' or sole proprietor's equity. - D (f) Statemen of changes in liabilities subordinated to claims of creditors. - □ (g) Notes to onsolidated financial statements. - □ (h) Computa ion of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.lSa-1, as applicable. - D (i) Computat on of tangible net worth under 17 CFR 240.lSa-2. - 0 (j) Computat on for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - 0 (k) Computa ion for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 7 CFR 240.lSa-4, as applicable. - D (I) Computa ion for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. - D (m) !nforma ion relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - □ (n) lnforma ion relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3( )12) or 17 CFR 240.lSa-4, as applicable. - D (o) Reconcili tions, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-l, 17 CFR 240.lSa-1, or 17 CFR 240.lSa-2, as applicable, and the reserve requirements under 17 CFR 240.15c -3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - D (p) Summa of financial data for subsidiaries not consolidated in the statement of financial condition. - D (q) Oath or a irmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.lSa-7, as applicable. - □ (r) Complian e report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.lSa-7, as applicable. - D (s) Exemptio report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.lSa-7, as applicable. - □ {t) In depend nt public accountant's report based on an examination of the statement of financial condition. - □ {u) lndepen ent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a 5, 17 CFR 240.lSa-7, or 17 CFR 240.17a-12, as applicable. - □ (v) lndepend nt 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.lSa-7, as applicable. - D (w) lndepen ent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.lSa 7, as applicable. - □ (x) Supplem ntal reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, as applicabl . - D (y) Report d scribing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement hat no material inadequacies exist, under 17 CFR 240.17a-12(k). D (z) Other: --l------------------------------------- - \*\*To request co fidentia/ treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7{d)(2), as opplicab/e. {2}------------------------------------------------ # **GRIFFIN FINANCIAL GROUP, LLC** ### **STATEMENT OF FINANCIAL CONDITION** | | December 31, 2023 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------| | ASSETS | | | Cash
Deposit with clearing organization
Receivable from clients
Prepaid expenses
Equipment, at cost, less accumulated depreciation of \$193,935
Other assets | 1,478,179
\$
107,756
37,042
522,587
47,992
409 | | TOTAL ASSETS | \$ 2,193,965 | | LIABILITIES AND MEMBER'S EQUITY | | | LIABILITIES | | | Accounts payable
Payable to broker-dealer and clearing organization
Payable to related party
Deferred revenue | \$
89,946
5,628
629,160
423,750 | | TOTAL LIABILITIES | 1,148,484 | | MEMBER'S EQUITY | 1,045,481 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | \$ 2,193,965 | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.