# GLEN EAGLE WEALTH, LLC X-17A-5 (2026-03-02) — Broker-dealer annual report - Company: GLEN EAGLE WEALTH, LLC - Form: X-17A-5 - Filed: 2026-03-02 - Period: 2025-12-31 - Accession: 0001208115-26-000004 - CIK: 1208115 - File #: 8-65678 - Type: Broker-dealer - Material weakness: Yes - Auditor: Weisberg, Mole, Krantz and Goldfarb, LLP - Auditor location: Woodbury, NY - Contact: Patrick O'Boyle - Phone: 6096318231 - Email: poboyle@gleneagleadv.com - Website: gleneagleadv.com - Signed by: J. Patrick O'Boyle (Chief Compliance Officer and FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/1208115/000120811526000004/2025GEWConfidential.pdf --- {0}------------------------------------------------ OMB APPROVAL UNITED STATES OMB Number 3235-0123 SECURITIES AND EXCHANGE COMMISSION Expires: Nov. 30, 2026 Washington, D.C. 20549 Estimated average burden hours per response: 12 ANNUAL REPORTS SEC FILE NUMBER FORM X-17A-5 8-65678 PART III FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 FILING FOR THE PERIOD BEGINNING 01/01/2025 12/31/2025 AND ENDING MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION NAME OF FIRM: Glen Eagle Wealth, LLC TYPE OF REGISTRANT (check all applicable boxes): O Security-based swap dealer \_ \_ Major security-based swap participant Broker-dealer Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 4422c NJ Route 27 (No. and Street) Kingston NJ 08528 (Zip Code) (City) (State) PERSON TO CONTACT WITH REGARD TO THIS FILING Patrick O'Boyle 609-631-8231 poboyle@gleneagleadv.com (Name) (Area Code - Telephone Number) (Email Address) B. ACCOUNTANT IDENTIFICATION INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* Weisberg, Mole',Krantz and Goldfarb, LLC (Name - if individual, state last, first, and middle name) 185 Crossways Park Dr Woodbury NY 11797 (Address) (City) (State) (Zip Code) 12-14-2004 02107 (Date of Registration with PCAOB)(if applicable) (PCAOB Registration Number, if applicable) FOR OFFICIAL USE ONLY \* Claims for exemption from the requirement that the annual reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable. 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. {1}------------------------------------------------ #### OATH OR AFFIRMATION | Susan Michel | swear (or affirm) that, to the best of my knowledge and belief, the | | |-------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|-------| | financial report pertaining to the firm of Glen Eagle Wealth, LLC | | as of | | 12/31 | 2 025 , 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. | | | | | Signature: | | | | litle.
20
KATHLEEN M KARKOS | | | Notary Public | Commission # 2432271
INotary Public, State of New Jersey
My Commission Expires
April 08, 2028 | | #### This filing \*\* contains (check all applicable boxes) - (a) Statement of financial condition. - [ (b) Notes to consolidated 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 cash flows. - (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - (f) Statement of changes in liabilities subordinated to claims of creditors. - (g) Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - [ (i) Computation of tangible net worth under 17 CFR 240.18a-2. - [] Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 200.15c3-3. - [ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - [ ( ) 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. - [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 240.15c3-1, 17 CFR 240.18a-2, 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 exist. - [ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - (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 240.18a-7, as applicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [ (t) Independent public accountant's report based on an examination of the statement of financial condition. - (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - [ (v) Independent public accountant's report based on an examination of certain statements in the 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (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. - [ (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable. - [ (y) Report describing any material inadequacies 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). - □ (z) Other: - \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.170-5(e)(3), as applicable. {2}------------------------------------------------ Glen Eagle Wealth, LLC Report on Audit of Financial Statements and Supplementary Information Confidential Pursuant to Rule 17a-5 of the Securities Exchange Act of 1934 December 31, 2025 {3}------------------------------------------------ ### Glen Eagle Wealth, LLC Table of Contents December 31,2025 Report of Independent Registered Public Accounting Firm ...................................................................................................................... ## Financial Statements | Statement of Financial Condition | | |-----------------------------------------|--| | Statement of Income | | | Statement of Changes in Member's Equity | | | Statement of Cash Flows | | | Notes to Financial Statements | | ### Supplementary Information | Schedule I - Computation of Net Capital Pursuant to Rule 15c3-1 of the | | |------------------------------------------------------------------------|--| | Securities and Exchange Commission | | | Schedule II - Reconciliation Pursuant to Rule 17a-5(d)(4) | | | Report of Independent Registered Public Accounting Firm on Rule 15c3-3 Exemption Report | | |-----------------------------------------------------------------------------------------|--| | | | | Management Statement Regarding Compliance with the Exemption Provisions of SEC Rule | | | 15с3-3 | | {4}------------------------------------------------ # Weisberg, Molé, Krantz & Goldfarb, LLP Certified Public Accountants #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Management and Member of Glen Eagle Wealth, LLC #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Glen Eagle Wealth, LLC as of December 31, 2025, the related statements of income, changes in liabilities subordinated to claims of general creditors, and cash flows for the year then ended, and the related notes and schedules (collectively referred to as the "financial statements"), In our opinion, the financial statements present fairly, in all material respects, the financial position of Glen Eagle Wealth, LLC as of December 31, 2025, 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 Glen Eagle Wealth. LLC's management. Our responsibility is to express an opinion on Glen Eagle Wealth, LLC'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 Glen Eagle Weath, LLC 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. #### Auditor's Report on Supplemental Information The Computation of Net Capital Pursuant to Rule 15c3-1 and Reconciliation Pursuant to Rule 17a-5(d)(4) have been subjected to audit procedures performed in conjunction with the audit of Glen Eagle Wealth, LLC's financial statements. The supplemental information is the responsibility of Glen Eagle Wealth, LLC's management. Our audit procedures included determining whether the supplemental information reconciles 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 mation. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the Computation of Net Capital Pursuant to Rule 15c3-1 and Reconciliation Pursuant to Rule 17a-5(d)(4) are fairly stated, in all material respects, in relation to the financial statements as a whole. Weisberg, Mole, Kran We have served as Glen Eagle Wealth, LLC's auditor since 2019. Woodbury, New York February 25, 2026 {5}------------------------------------------------ ### Assets | Cash and cash equivalents
Deposits held at clearing brokers
Due from brokers
Receivables from clearing organizations
Other receivables
Receivable from affiliate
Prepaid expenses | લ્ત્ર | 250,305
275,000
166,395
58,025
22,350
72,350
35,340 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-----------------------------------------------------------------------| | Total assets | સ્ત્ર | 879,765 | | Liabilities and Member's Equity | | | | Accounts payable and accrued expenses | ಲ್ಲಿ | 124,034 | | Total liabilities | | 124,034 | | Member's equity | | 755,731 | | Total liabilities and member's equity | ಿ | 879,765 | {6}------------------------------------------------ | Revenues | | | |---------------------------------------------|-------|-----------| | Commissions | સ્ત્ર | 889,015 | | Investment company fees | | 776,090 | | Riskless principal income | | 10,662 | | Client referral fees | | 4,584 | | Interest | | 269,184 | | Other | | 44,109 | | | | | | | | 1,993,644 | | | | | | Expenses | | | | Compensation and benefits | સ્ત્ર | 762,139 | | Commissions to brokers | | 876,328 | | Floor brokerage, clearing and exchange fees | | 177,193 | | Communications and technology | | 199,138 | | Professional fees | | 105,868 | | General and administrative | | 121,022 | | Occupancy costs | | 30,502 | | | | | | | | 2,272,190 | | Net loss | ಕಾ | (278,546) | {7}------------------------------------------------ ## Glen Eagle Wealth, LLC Statement of Changes in Member's Equity Year Ended December 31, 2025 | Member's equity January 1, 2025 | | \$ 1.154.276 | |-----------------------------------|---|--------------| | Member withdrawals | | (120,000) | | Net loss | | (278,546) | | Member's equity December 31, 2025 | ക | 755.730 | {8}------------------------------------------------ | Cash flows from operating activities: | | | |---------------------------------------------------------------------------------|------|-----------| | Net loss | લ્ | (278,546) | | Adjustments to reconcile net loss to net cash provided by operating activities: | | | | Depreciation | | | | Changes in operating assets and liabilities: | | | | Receivables from clearing organizations | | 141,832 | | Receivables from brokers | | 309,285 | | Receivable from others | | 46.725 | | Receivable from affiliate | | 146.732 | | Prepaid expenses | | 78 | | Accounts payable and accrued expenses | | (220,014) | | Total adjustments to net income | | 424,638 | | Net cash provided by operating activities | | 146,092 | | Cash flows from financing activities: | | | | Payment of equity distribution | | (120,000) | | Net cash used in financing activities | | (120,000) | | Net increase in cash and cash equivalents | | 26,092 | | Cash and cash equivalents - beginning of year | | 224,213 | | Cash and cash equivalents - end of year | લ્લે | 250,305 | {9}------------------------------------------------ #### 1. Organization and Business Glen Eagle Wealth, LLC ("GEW") is a limited liability company formed under the State of Delaware on June 19, 2002, for the purpose of doing business as a fully disclosed broker dealer registered under The Securities Exchange Act of 1934 (the "SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection ("SIPC"). GEW is also a member of the Municipal Securities Rulemaking Board ("MSRB"). On October 31, 2018, Glen Eagle Wealth, LLC consummated the purchase of CFT Securities, LLC ("CFT") a privately owned fully disclosed securities broker dealer registered with the SEC, FINRA, and the MSRB. CFT continues to operate business unit as part of Glen Eagle Weath, LLC (the "Company"). Both Glen Eagle Wealth and Glen Eagle Advisors operate and remain as wholly owned subsidiaries of Glen Eagle Investments, Inc. The Company operates pursuant to SEC Rule 15c3-3(k) (2) (ii) (the "Customer Protection Rule"). It does not hold customer funds or customer securities and is not responsible for compliance with Section 4(c) of Regulation T of the Board of Governors of the Federal Reserve System, as defined by such rules, are carried by the clearing firms. Pershing") and National Financial Services, LLC ("NFS") are the Company's clearing brokers. #### 2. Summary of Significant Accounting Policies The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America ("US GAAP"). The Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") has become the exclusive reference of authoritative US GAAP recognized by the FASB to be applied by non-governmental entities. The following is a summary of significant accounting policies used in preparing the financial statements: #### Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect amounts and disclosures in the financial statements. Actual results could differ from those estimates. The Company has evaluated events and transactions that occurred through February 25, 2026, which is the date the financial statements were available for issuance, for possible disclosure and recognition in the financial statements. #### Cash and Cash Equivalents The Company considers amounts held in bank accounts and all highly liquid investments, including those with an initial maturity of three months or less, not held for sale in the normal course of business, to be cash equivalents. #### Receivables from Clearing Organizations and Brokers Receivables consist primarily of commissions earned as an introducing broker dealer. Periodically, the Company evaluates its receivables and establishes an allowance for credit losses, if necessary, based on credit conditions. On December 31, 2025, no allowance was required for the outstanding receivable. Confidential 6 {10}------------------------------------------------ #### 2. Summary of Significant Accounting Policies (continued) #### Revenue Recognition The amount of revenues recognized is specified in contracts with its clients. Revenue is recognized in the following manners: (1) when an obligation is satisfied over time as the services are performed or (2) at a point in time as the services are performed as follows: #### Transaction Based Revenues A portion of the Company's revenue consists of commissions earned from the order execution business cleared by their clearing brokers on a fully disclosed basis. Riskless principal income is generated from fixed income transactions executed on behalf of customers with other broker dealers to which the Company may earn a markup / mark down credit. Commissions, riskless principal income, and related clearing expenses are recorded on a trade-date basis as securities transactions occur. Generally, the securities transactions settle within 1-3 business days depending upon the security transacted and related commissions or sales credits are collected. The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying financial instrument and purchaser are identified, the pricing is agreed upon and the risks and rewards of ownership have been transferred to/from the customer. #### Client Fee Revenues Client fees revenues consist of net interest revenue, investment product and referral management fees and are based mainly on customer balances and prevailing rates. The Company's performance obligation with respect to net interest revenues is satisfied over time as client's accounts are held with the Company's clearing brokers. The Company receives a portion of the interest earned on margin balances, securities loaned and borrowed transactions, and interest earned on customer credit balances by its clearing brokers from the Company's introduced clients. Such interest is acrued as earned and recorded under revenues as interest on the statement of income. Investment Company Fee revenue consists of revenues earned and recorded over time on client assets and products in money market funds, mutual funds, insurance products, and other similar investment products. Generally, and unless specifically agreed to, investment company revenues are collected on a monthly or quarterly basis. The Company also earns investment company fees through referral and asset-based programs on its introduced customer assets by independent contractors and outside advisers. Such revenues are based on specified revenue sharing rates applied to the customer's average daily balances. Referral fees are earned over time. Mutual fund service fees include service fees and Rule 12b-1 service and distribution fees. Shareholder service fees are earned on the introduced Company customer assets. The fees earned are based on specified rates applied over the average daily net asset value of eligible shares held. Shareholder service fees are earned over time and are collected on a monthly or quarterly basis. ASC 606, "Revenue From Contracts With Customers" was adopted by the Company. ASC 606 provided a revenue standard and single model for entities to use in U.S. GAAP for revenue recognition arising from contracts with customers while expanding the disclosure requirements associated with such revenue recognition. {11}------------------------------------------------ #### 2. Summary of Significant Accounting Policies (continued) The revenue standard provides specific guidelines that are applied in the recognition of revenue as follows: - The identification of a contract with a customer (in writing or orally) 1. - - N The identification of performance obligations in the contract - The determination of the transaction price က် - The ability to allocate the transaction price to the performance obligation(s) বা In the contract - 5. met The adoption of ASC 606 did not have a material impact on the Company's financial condition, results, or cash flows as the satisfaction of performance obligations is materially consistent with the Company's previous revenue and expense recognition policies. #### Property and Equipment Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Expenditures for repairs and maintenance are charged to operations as incurred; additions and improvements are capitalized. #### Income Taxes The Company is a single member limited liability company and not a taxpaying entity for federal or state income tax purposes. The member is taxed individually on the taxable income and no provision for federal or state income taxes has been made in the accompanying financial statements since such liabilities, if any, are the responsibility of the Company's sole member. #### 3. Property and Equipment Property and equipment consist of office furniture and computer equipment and stated at cost and are depreciated using the straight-line method over the estimated useful lives of five or seven years. As of December 31, 2025, all property and equipment were fully depreciated. #### 4. Financial Instruments with Off-Balance-Sheet Credit Risk and Concentrations of Credit Risk As a securities broker, the Company's transactions are executed with and on behalf of customers. The Company introduces these transactions for clearance to a clearing firm on a fully disclosed basis. {12}------------------------------------------------ #### 4. Financial Instruments with Off-Balance-Sheet Credit Risk and Concentrations of Credit Risk (continued) In the normal course of business, the Company's customer activities involve the execution of securities transactions and settlement by its clearing brokers. The agreement between the Company and its clearing brokers provide that the Company is responsible for all required customer payments, maintenance of the margin in each margin account, payment of any unsecured debit balances, payment and delivery of "when issued" transactions, and delivery of securities in good form related to nonperformance of its customers. These activities may expose the Company to off-balance-sheet risk in the event the customer is unable to fulfill its contractual obligations. In the event a customer fails to satisfy its obligations, the Company may be required to purchase or sell financial instruments at prevailing market prices to fulfill the customer's obligations, or the clearing brokers have the right to execute purchases and sales if the Company declines to act. The Company seeks to control off-balance-sheet credit risk by monitoring its customer transactions, properly training and supervising personnel, reviewing information it receives from its clearing brokers on a daily basis, and reserving for doubtful accounts when necessary. At times throughout the year the Company may maintain balances in excess of FDIC limits. #### 5. Right-Of-Use Asset and Liability and Commitments In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, Leases (Topic 842) and issued subsequent amendments to the initial guidance in September 2017 within 2017-13 (now collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use-assets. The Company shares office space at a location in New Jersey with a related party, Glen Eagle Advisors, LLC, the lessee of the property, under an expense sharing agreement. The Company contends that this arrangement does not meet the criteria of ASU 2016-02. The total combined rent expense was \$ 27,261 for the year ending December 31, 2025 and is reflected in occupancy costs in the statement of income. #### Net Capital Requirements 6. The Company is subject to the SEC Uniform Net Capital Rule (SEC Rule 15c3-1), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2025, the Company had net capital of \$ 622,534 which was \$ 610,131 in excess of its required net capital of \$ 8,269. The Company's aggregate indebtedness to net capital ratio was 0.1992 to 1. {13}------------------------------------------------ #### Related Parties 7. The Company has a related party receivable balance with its registered investor affiliate, Glen Eagle Advisors, LLC, a related party through common ownership under an expense sharing agreement. In addition, throughout the year, transfers of working capital have been made between the Company and the registered investment affiliate. The management of the Company is an owner/manager of this affiliated company that owes the Company \$ 72,350 as of December 31, 2025. The affiliate intends to repay the full amount from either future profits of the affiliate or capital contributions from its members and, accordingly, the Company believes that no allowance for uncollectability is required as of December 31, 2025. The outstanding amount reflected is non-interest bearing. #### 8. Reportable Segments The Company is a fully disclosed broker-dealer engaged in the following types of businesses: Listed and OTC Equities, Options, ETF's, Mutual Funds, Retirement Programs, Investment Advisory Services, Annuities, Bonds and Life Insurance Products. The Company has identified its President as the Chief Operating Decision Maker ("CODM"), who uses net income to evaluate the results of the business and manage the Company. The CODM reviews excess net capital, which is not a measure of profit and loss, to make operational and financial decisions such as whether to make capital distributions or capital investments while maintaining regulatory capital at a proper operating level. The Company's operations consist of two operating divisions which are combined into a single reportable segment. The accounting policies used to measure profit and losses of the segment are the same as those described in the summary if significant accounting policies. #### 9. Exemption from Rule 15c3-3 The Company is exempt from the provisions of Rule 15c3-3 under the Securities Act of 1934 as the Company's activities are limited to those set forth in the conditions for exemption appearing in paragraph (k) (2) (ii). #### 10. Risks and Concentration The Company has one client relationship which represents approximately 24% of the Company's gross revenues for the year ended December 31, 2025. #### 11. Deposits Held at Clearing Brokers At December 31, 2025, the Company has \$ 275,000 deposited with its clearing brokers. Under the terms of the clearing agreements with its clearing brokers, the Company must maintain a balance of \$ 25,000 with Pershing, LLC ("Pershing") and \$ 250,000 with National Financial Services, LLC ("NFS"). #### 12. Commitments and Contingencies As a regulated securities broker, from time to time the Company may be involved in legal proceedings and regulatory audits. The Company is not currently involved in any ongoing regulatory audits or legal proceedings. {14}------------------------------------------------ ## Glen Eagle Wealth, LLC Schedule I - Computation of Net Capital Pursuant to Rule 15c3-1 of the Securities and Exchange Commission December 31, 2025 #### Computation of net capital | Member's equity | લ્ત્ર | 755,731 | |------------------------------------------------------------------------------------------|-------|-----------| | Less non-allowable assets | | (130,072) | | Net capital before haircuts | | 625,659 | | Less Haircuts on Securities | | (3,125) | | Net capital | સ્ત્ર | 622,534 | | | | | | Aggregate indebtedness- accounts payable and accrued expenses | સ્ત્ર | 124,034 | | Computation of basic net capital requirement | | | | Minimum net capital required (greater of \$ 5,000 or 6-2/3% of aggregate indebtedness) | ക | 8,269 | | Excess net capital | લ્ત્ર | 614,265 | | Net capital less greater of 10% of aggregate indebtedness or 120% | ക | 610,131 | | minimum net capital capital requirement | | | | Percentage of aggregate indebtedness to net capital | | 19.92% | {15}------------------------------------------------ ## Glen Eagle Wealth, LLC Schedule II - Reconciliation Pursuant to Rule 17a-5(d)(4) December 31, 2025 Reconciliation with the Company's computation included in Part II of Form X-17A-5 as of December 31, 2025: | Net capital as reported in Company's Part II (Unaudited) Focus report | લ્ત્વ | 609.099 | |------------------------------------------------------------------------------------------------------|-------|-------------------| | Reduction in non-allowable assets from netting with related payables
Increase in accrued expenses | | 14.571
'1,136) | | Net capital computation contained herein | | 622.534 | Reconciliation of Net Capital per Audited Financial Statements to Net Capital Reported in Part II of Form X-17A-5 (FOCUS) as of December 31, 2025 {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) ## Weisberg, Molé, Krantz & Goldfarb, LLP Certified Public Accountants #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Management and Member of Glen Eagle Wealth, LLC We have reviewed management's statements, included in the accompanying Management Statement Regarding Compliance with Exemption Provisions of SEC Rule 15c3-3, in which (1) Glen Eagle Wealth, LLC identified the following provision of 17 C.F.R. §15c3-3(k) under which Glen Eagle Wealth, LLC claimed an exemption from 17 C.F.R. §240.15c3-3: (k)(2)(ii) (exemption provision) and (2) Glen Eagle Wealth, LLC stated that Glen Eagle Wealth, LLC met the identified exemption throughout the most recent fiscal year without exception. Glen Eagle Wealth, LLC's management is responsible for compliance with the exemption provision 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 Glen Eagle Wealth, LLC's compliance with the exemption provision. 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 provision set forth in paragraph (k)(2)(ii) of Rule 15c3-3 under the Securities Exchange Act of 1934. Woodbury, New York February 25, 2026 {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) ## MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH EXEMPTION PROVISIONS OF SEC RULE 15c3-3 We, as the management of Glen Eagle Wealth, LLC (the "Company"), are responsible for the Company's compliance with the exemption provisions of Rule 15c3-3 under the Securities Exchange Act of 1934 ("SEC Rule 15c3-3"). The following statements are made to the best of our knowledge and belief: - (1.) the Company claims an exemption from the provisions of SEC Rule 15c3-3 under paragraph (k) (2) (ii), and - (2.) identified exemption provision without exception. Glen Eagle Wealth, LLC atrick Patrick O'Boyle Financial Principal and Chief Compliance Officer Glen Eagle Wealth, LLC {18}------------------------------------------------ # Weisberg, Molé, Krantz & Goldfarb, LLP Certified Public Accountants #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES Board of Directors of Glen Eagle Wealth, LLC We have performed the procedures included in Rule 17a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities Investor Protection (SIPC) Series 600 Rules, which are enumerated below on the accompanying General Assessment Reconciliation (Form SIPC-7) for the year ended December 31, 2025. Management of Glen Eagle Wealth, LLC (the Company) is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7. Management of the Company has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting you and SIPC in evaluating the Company's compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2025. Additionally, SIPC has agreed to and acknowledged that the procedures performed are appropriate for their intended purpose. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report, Consequently, we make no representation regarding the sufficiency of the procedures described below either for the purpose for which this report has been requested or for any other purpose. The procedures we our associated findings are as follows: - 1) Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entries, noting no differences; - 2) Compared the Total Revenue amounts reported on the Annual Audited Report Form X-17A-5 Part III for the year ended December 31, 2025 with the Total Revenue amount reported in Form SIPC-7 for the year ended December 31, 2025, noting no differences; - 3) Compared any adjustments reported in Form SIPC-7 with supporting schedules and working papers, noting no differences; - 4) Recalculated the arithmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers supporting the adjustments, noting no differences; and - 5) Compared the amount of any overpayment applied to the current assessment with the Form SIPC-7 on which it was originally computed, noting no differences. We were engaged by the Company to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the AICPA and in accordance with the standards of the Public Company Accounting Oversight Board (United States). We were not engaged to and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on the Company's Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2025. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of the Company and to meet our other ethical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement. This report is intended solely for the information and use of the Company and SIPC and is not intended to be and should not be used by anyone other than these specified parties. Woodbury, New York February 25, 2026 > 185 Crossways Park Drive, Woodbury, New York 11797 · Phone: 516-933-3800 · Fax: 516-933-1060 www.weisbergmole.com {19}------------------------------------------------ | | 12/31/2025 | | | |--|-----------------------|---------------|-----------------| | | | | | | | | | | | | GLEN EAGLE WEALTH LLC | 8-65678 | | | | 1/1/2025 | 12/31/2025 | | | | | | \$ 1,993,638.00 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | \$ 0.00 | | | | | \$ 1,993,638.00 | | | | | | | | | \$ 979,938.00 | | | | | | | | | | \$ 114,530.00 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | \$ 113,603.00 | | | | | | \$ 113,603.00 | | | | | | \$ 1,208,071.00 | {20}------------------------------------------------ | | 12/31/2025 | | | |---------|-----------------------------------------------------------------------------------------------|--------------------------------------------|---------------| | | | | \$ 785,567.00 | | | | | \$ 1,178.00 | | | | | \$ 2.00 | | | 2025 | \$ 653.00 | | | | \$ 0.00
2025
\$ 0.00
\$ 653.00
2025 | \$ 653.00 | | | | | | \$ 653.00 | | | | \$ 1,178.00
\$ 2.00
\$ 653.00 | \$ 523.00 | | | 0 | | \$ 0.00 | | | | | \$ 523.00 | | | | | \$ 0.00 | | 8-65678 | DEA: FINRA
GLEN EAGLE WEALTH LLC
4422C ROUTE 27 P.O. BOX 399
KINGSTON, NJ 08528-0399 | 2025
Dec | | | | | | | | | | | | | | GLEN EAGLE WEALTH LLC
2/6/2026 | PATRICK OBOYLE
poboyle@gleneagleadv.com | | | 2/6/2026 | poboyle@gleneagleadv.com | |----------|--------------------------| | | | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.