# BERKSHIRE CAPITAL SECURITIES LLC X-17A-5 (2019-03-01) — Broker-dealer annual report - Company: BERKSHIRE CAPITAL SECURITIES LLC - Form: X-17A-5 - Filed: 2019-03-01 - Period: 2018-12-31 - Accession: 0001204130-19-000001 - CIK: 1204130 - File #: 8-65641 - Material weakness: No - Auditor: PKF O'CONNOR DAVIES , LLP - Auditor location: NEW YORK, NY - Contact: JESSICA CHUNG - Phone: 212-207-1000 - Signed by: JESSICA CHUNG (ACCOUNTING MANAGER) Original filing: https://www.sec.gov/Archives/edgar/data/1204130/000120413019000001/Public2.pdf --- {0}------------------------------------------------ Berkshire Capital Securities LLC and Subsidiaries Consolidated Statement of Financial Condition December 31, 2018 FOR PUBLIC RELEASE {1}------------------------------------------------ **UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION Wnshington, D.C. 20549** # **ANNUAL AUDITED REPORT FORM X-17A-5 PART Ill** 0MB APPROVAL 0MB Number: 3235-0123 Expires: August 31, 2020 Estimated average burden hours per response ...... 12.00 | SEC FILE NUMBER | |-----------------| | 8-65641 | **FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder** | REPORT FOR THE PERIOD BEGINNING 01/01/2018 | | AND ENDING 12/31/2018 | | | |--------------------------------------------------------------------------|---------------------------------------------------------|-----------------------|------------|--------------------------------| | | MM/DD/YY | | | MM/00/YY | | | A. REGISTRANT IDENTIFICATION | | | | | NAME OF BROKER-DEALER: BERKSHIRE GLOBAL ADVISORS LP | | | | OFFICIAL USE ONLY | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | FIRM I.D. NO. | | | | 527 MADISON AVENUE, 3RD FLOOR | | | | | | | {No. and Street) | | | | | NEW YORK | NY | | 10022 | | | (City) | (State) | | (Zip Code) | | | NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT | | | | | | | | | | (Area Code - Telephone Number) | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose opinion is contained in this Report* | | | | | | PKF O'CONNOR DAVIES LLP | | | | | | | (Name - ifi11di1•id11al. state last.first, middle name) | | | | | 665 FIFTH AVENUE | NEW YORK | NY | | 10022 | | (Address) | (City) | (State) | | (Zip Code) | | CHECK ONE: | | | | | I *I* I certified Public Accountant Public Accountant Accountant not resident in United States or any of its possessions. #### **FOR OFFICIAL USE ONLY** *\*Claims for exemption from the requireme/11 that the annual report be covered by the opinion qf an independent public accountant must be supported by a statement of/acts and circumstances relied on as the basis for the exemption. See Section 240.* J *7a-5(e)(2)* > **Potential 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.** SEC 1410 (11-05) {2}------------------------------------------------ ### OATH OR AFFIRMATION #### J R. BRUCE CAMERON | TR. BRUCE CAMERON | swear swear , swear (or affirm) that, to the best of | | | | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|--|--|--|--| | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
BERKSHIRE GLOBAL ADVISORS LP | | | | | | | | of DECEMBER 31 | | a firm , 2018 , are true and correct. I further swear (or affirm) that | | | | | | classified solely as that of a customer, except as follows: | | neither the company nor any partner, principal officer or director has any proprietary interest in any account | | | | | | | | | | | | | | JULIE E. MITCHELL | | | | | | | | Notary Public, State of New York
No. 01 MI6059397 | | Signature | | | | | | Qualified in New York County | | PARTNER | | | | | | Commission Expires July 2, 2019 | | Title | | | | | | | | | | | | | | | | | | | | | | Notary Public | | | | | | | | This report ** contains (check all applicable boxes): | | | | | | | | (a) Facing Page. | | | | | | | | > (b) Statement of Financial Condition.
(c) Statement of Income (Loss) or, if there is other comprehensive income in the period(s) presented, a Statement | | | | | | | | of Comprehensive Income (as defined in §210.1-02 of Regulation S-X). | | | | | | | | (d) Statement of Changes in Financial Condition. | | | | | | | | (e) Statement of Changes in Stockholders' Equity or Partners' or Sole Proprietors' Capital. | | | | | | | | (f) Statement of Changes in Liabilities Subordinated to Claims of Creditors. | | | | | | | | (g) Computation of Net Capital.
(h) Computation for Determination of Reserve Requirements Pursuant to Rule 15c3-3. | | | | | | | | (i) Information Relating to the Possession or Control Requirements Under Rule 15c3-3. | | | | | | | | (j) A Reconciliation, including appropriate explanation of Net Capital Under Rule 15c3-1 and the | | | | | | | | Computation for Determination of the Reserve Requirements Under Exhibit A of Rule 15c3-3. | | | | | | | | (k) A Reconciliation between the audited Statements of Financial Condition with respect to methods of | | | | | | | | consolidation.
(1) An Oath or Affirmation. | | | | | | | | (m) A copy of the SIPC Supplemental Report. | | | | | | | | | | (n) A report describing any material inadequacies found to have existed since the date of the previous audit. | | | | | | ** For conditions of confidential treatment of certain portions of this filing, see section 240.17a-5(e)(3). | | | | | | | {3}------------------------------------------------ ## **Berkshire Global .Advisors LP and Subsidiaries** Consolidated Statement of Financial Condition December 31, 2018 | ASSETS | | |-------------------------------------------------------------------------|---------------| | Cash and cash equivalents | \$ 15,214,204 | | Client receivables, net of allowance for uncollectible fees of \$35,701 | 2,282,201 | | Securities owned, at fair value | 1,665,000 | | Prepaid expenses | 403,308 | | Rental deposits | 117,692 | | Fixed assets, net | 1,717,200 | | | | | | \$21,399,605 | | | | | LIABILITIES AND PARTNERS' EQUITY | | | Liabilities | | | Accounts payable and accrued expenses | \$ 2,444,899 | | Profit sharing and bonuses payable | 8,678,297 | | Deferred rent | 509,545 | | Total Liabilities | 11,632,741 | | | | | Partners' equity | 9,766,864 | | | | | | \$21,399,605 | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.