# Berkshire Global Advisors LP X-17A-5 (2020-03-03) — Broker-dealer annual report - Company: Berkshire Global Advisors LP - Form: X-17A-5 - Filed: 2020-03-03 - Period: 2019-12-31 - Accession: 0001204130-20-000001 - CIK: 1204130 - File #: 8-65641 - Material weakness: No - Auditor: PKF O'CONNOR DAVIES LLP - Auditor location: NEW YORK, NY - Contact: R. BRUCE CAMERON - Phone: 212-207-1013 - Signed by: JESSICA CHUNG (ACCOUNTING MANAGER) Original filing: https://www.sec.gov/Archives/edgar/data/1204130/000120413020000001/Public2.pdf --- {0}------------------------------------------------ Berkshire Global Advisors LP and Subsidiaries Consolidated Statement Financial Condition Decem ber 31, 2019 {1}------------------------------------------------ UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: August 31, 2020 Estimated average burden hours per response... . . . . . 12.00 SEC FILE NUMBER 8-65641 ## ANNUAL AUDITED REPORT FORM X-17A-5 PART III FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the And of 1024 - 1 D-1 - 17 - 6 The counted on | | DECALIFICS CACHARDE ACS OF 1354 SHO TRAIL TIA-3 THE CONNECT | | | | |-----------------------------------------------------------------------------------------------------|---------------------------------------------------------------------|-------------------|-------------------------------|--| | report for the period beginning 01/01/2019 | | AND ENDING | 12/31/2019 | | | | MM/DD/YY | | MM/DD/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.)
527 MADISON AVENUE, 3RD FLOOR | | | FIRM I.D. NO. | | | | (No. and Street) | | | | | | NY | | 10022 | | | (City) | (State) | | (Zip Cade) | | | 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 - if Individual, state last, first, middle name) | | | | | 665 FIFTH AVENUE | NEW YORK | NY | 10022 | | | (Address) | (City) | (State) | (Zip Code) | | | CHECK ONE:
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 requirement that the onnual report be covered by the opinion of an independent public accomtant must be supported by a statement of facts and circumstances relied on as the basis for the exemption. See Section 240.170-5(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 OMB control number. {2}------------------------------------------------ ## OATH OR AFFIRMATION | R. BRUCE CAMERON | the best of the best of swear (or affirm) that, to the best of | |-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------| | BERKSHIRE GLOBAL ADVISORS LP | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of | | of DECEMBER 31 | , 20 19 are true and correct. I further swear (or affirm) that | | | neither the company nor any partner, principal officer or director has any proprietary interest in any account | | classified solely as that of a customer, except as follows: | | | | | | | | | | | | | | | | Signature | | | PARTNER | | | Title
MITCHELL | | | WOTARY PUBLIC-STATE OF NEW YORK | | | No. 01 MIB059397 | | Notary Public | Qualified in Now York County | | This report ** contains (check MV ຊີ | | | V (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 Slockholders' Equily or Partners' or Sole Proprietors' Capital. | | (f) Statement of Changes in Liabilities Subordinated to Claims of Creditors. | | | (g) Computation of Net Capital. | | | र र
(h) Computation for Determination of Reserve Requirements Porsuant to Rule 1503-3. | | | | (i) Information Relating to the Possession or Control Requirements Under Rule 15c3-3. | | | (j) A Reconciliation, including appropriate explanation of Net Computation of Net Capital Under Rule 15c3-1 and the | | | Computation for Determination of the Reserve Requirements Under Exhibit A of Rule 15c3-3. | | consolidation. | (k) A Reconciliation between the audited Statements of Financial Condition with respect to nethods of | | (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 andi. | | | * For conditions of confidential treatment of cariain portions of this filing, see section 240.17a-5(c)/ }). | {3}------------------------------------------------ ## Berkshire Global Advisors LP and Subsidiaries Consolidated Statement of Financial Condition December 31, 2019 | ASSETS | | | |------------------------------------------------------------------------------------|-----|---------------| | Cash and cash equivalents | | 10,147,087 | | Client receivables (net of allowance for uncollectible fees of \$35,701) | | 6,412,001 | | Securities owned, at fair value | | 3,715,000 | | Prepaid expenses | | 425,073 | | Due from employees | | 129,505 | | Rental deposits | | 125,401 | | Payroll receivable | | 3.834 | | Operating lease right of use assets (net of accumulated amortization of \$962,158) | | 5,708,378 | | Fixed assets, net | | 1,700,926 | | | | | | | | \$ 28,367,205 | | | | | | LIABILITIES AND PARTNERS' EQUITY | | | | Liabilities | | | | Accounts payable and accrued expenses | ప్ర | 3,122,129 | | Profit sharing and bonuses payable | | 8,536,451 | | Operating lease fiabilities | | 6,277,794 | | Total Liabilities | | 17,936,374 | | | | | | Partners' equity | | 10,430,831 | | | | | | | | 28,367,205 | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.