# VENTUM FINANCIAL (US) CORP. X-17A-5 (2025-06-18) — Broker-dealer annual report
- Company: VENTUM FINANCIAL (US) CORP.
- Form: X-17A-5
- Filed: 2025-06-18
- Period: 2025-03-31
- Accession: 0001238959-25-000005
- CIK: 1238959
- File #: 8-65995
- Type: Broker-dealer
- Material weakness: No
- Auditor: Ohab and Company, PA
- Auditor location: Maitland, FL
- Contact: David Andrew Murray
- Phone: 6046643665
- Signed by: D. Andrew Murray (CFO)
Original filing: https://www.sec.gov/Archives/edgar/data/1238959/000123895925000005/ventumusaudit.pdf
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
OMB APPROVAL OMB Number: Expires: Estimated average burden hours per response: SEC FILE NUMBER
### ANNUAL REPORTS FORM X-17A-5 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 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ AND ENDING \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION NAME OF FIRM: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ TYPE OF REGISTRANT (check all applicable boxes): Broker-dealer Security-based swap dealer Major security-based swap participant Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ (No. and Street) \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ (Name) (Area Code – Telephone Number) (Email Address) B. ACCOUNTANT IDENTIFICATION
| INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | |
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| _____________________________________________________________________________________ | | | |
| | (Name – if individual, state last, first, and middle name) | | |
| _____________________________________________________________________________________ | | | |
| (Address) | (City) | (State) | (Zip Code) |
| _____________________________________________________________________________________ | | | |
| (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 be covered by the 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.
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| D. Andrew Murray | swear (or affirm) that, to the best of my knowledge and belief, the |
|------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| financial report pertaining to the firm of Ventum Financial (US) Corp. | as of |
| 3/31 | 2 025 |
| | 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. | |
| | |
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## Financial Statements and Supplementary Information
Ventum Financial (US) Corp.
(Expressed in US dollars)
March 31, 2025
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## Contents
| Page | |
|------|--|
| | |
| Report of Independent Registered Public Accounting Firm | 1 |
|-----------------------------------------------------------|---------|
| Statement of Financial Position | 2 |
| Statement of Loss and Comprehensive Loss | 3 |
| Statement of Cash Flows | 4 |
| Statement of Changes in Stockholder's Equity | 5 |
| Notes to the Financial Statements | 6 - 13 |
| Supplementary Information | |
| Schedule 1 - Computation of Net Capital | 14 - 15 |
| Schedule 2 - Other Representations | 16 |
| Schedule 3 - Reconciliation of Computation of Net Capital | 17 |
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{5}------------------------------------------------
## Ventum Financial (US) Corp. Statement of Financial Position
| (Expressed in US dollars) | |
|---------------------------------------------------------|---------------|
| March 31 | 2025 |
| Assets | |
| Cash | \$
847,572 |
| Accounts receivable | 2,088 |
| Due from parent company (Note 6) | 3,764 |
| Income tax receivable | 5,014 |
| Prepaid expenses | 877 |
| Total assets | \$
859,315 |
| Liabilities
Accounts payable and accrued liabilities | \$
38,780 |
| Stockholder's equity | |
| Share capital (Note 5) | 755,100 |
| Retained earnings | 135,665 |
| | 890,765 |
| Accumulated other comprehensive loss | |
| Foreign currency translation adjustment | (70,230) |
| | 820,535 |
| Total stockholder's equity | |
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| Statement of Loss and Comprehensive Loss
(Expressed in US dollars) | | |
|-----------------------------------------------------------------------|----|----------|
| Year ended March 31 | | 2025 |
| Revenue | | |
| Institutional sales | \$ | 355,590 |
| Interest | | 40,426 |
| New issues and private placements | | 7,225 |
| Total revenue | | 403,241 |
| Variable compensation | | 177,784 |
| Gross profit | | 225,457 |
| Expenses | | |
| Audit and legal | | 44,832 |
| Clearing fees (Note 6) | | 52,342 |
| Data processing | | 69,210 |
| Memberships | | 26,813 |
| Office and miscellaneous | | 308 |
| Overhead allocation (Note 6) | | 44,824 |
| Total expenses | | 238,329 |
| Loss before income taxes | | (12,872) |
| Income tax recovery (Note 9) | | (3,005) |
| Net loss | | (9,867) |
| Other comprehensive loss | | |
| Foreign currency translation adjustment | | (48,745) |
| Total comprehensive loss | \$ | (58,612) |
# Ventum Financial (US) Corp.
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| (Expressed in US dollars)
Year ended March 31 | 2025 |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
| Cash derived from (applied to) | |
| Operating
Net loss | \$
(9,867) |
| Change in non-cash operating working capital
Decrease in accounts receivable
Increase in amounts due from parent company
Decrease in due from clients
Decrease in income tax receivable
Decrease in prepaid expenses
Increase in accounts payable and accrued liabilities
Decrease in due to brokers and dealers
Net cash flows from operating activities | 461
(1,974)
125,457
3,178
1,092
11,621
(125,457)
4,511 |
| Net increase in cash | 4,511 |
| Cash, beginning of year | 891,806 |
| Effect of exchange rates on cash | (48,745) |
| Cash, end of year | \$
847,572 |
| Supplemental cash flow information
Interest received
Income tax paid, net | \$
40,426
(2,087) |
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## Ventum Financial (US) Corp. Statement of Changes in Stockholder's Equity
| Ventum Financial (US) Corp. | | | | | |
|--------------------------------------------------------|-----------|----------------------------------|----------|-------------------------|----------|
| Statement of Changes in Stockholder's Equity | | | | | |
| (Expressed in US dollars)
Year ended March 31, 2025 | | | | | |
| | | | | | |
| | | | | | |
| | | | | Foreign | |
| | | Share capital
Additional paid | Retained | currency
translation | |
| | Shares | in capital | earnings | reserve | Total |
| Balance, March 31, 2024 | 1,225,100 | 755,100 | 145,532 | (21,485) | 879,147 |
| | | | | | |
| Net loss
Foreign currency translation | - | - | (9,867) | - | (9,867) |
| adjustment | - | - | - | (48,745) | (48,745) |
{9}------------------------------------------------
## Ventum Financial (US) Corp. Notes to the Financial Statements
(Expressed in US dollars) March 31, 2025
### 1. Nature of operations
Ventum Financial (US) Corp. (the "Company") is a broker/dealer registered under the United States Securities Exchange Act of 1934 and incorporated under the Business Corporations Act (Ontario) on January 13, 2003. On December 1, 2024 the company changed it's name from PI Financial (US) Corp. to Ventum Financial (US) Corp. and the jurisdiction of incorporation from the province of British Columbia to the province of Ontario.
The Company became a member of the Financial Industry Regulatory Authority ("FINRA") of the United States of America on December 2, 2003.
The Company is a wholly owned subsidiary of Ventum Financial Corp. and transacts exclusively with institutional investors on delivery versus payment or receipt versus payment basis. The Company does not hold client securities or funds beyond settlement date. All securities transactions are processed through its parent company, Ventum Financial Corp., which acts as the clearing and settlement agent for the Company. On June 24, 2024, the parent company Ventum Financial Corp. amalgamated with Echelon Wealth Partners Inc..
### 2. Summary of significant accounting policies
#### Generally accepted accounting principles ("GAAP")
These financial statements are presented in United States (US) dollars and prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP").
#### Basis of presentation
These financial statements are prepared based on a settlement date basis. The difference between trade date and settlement date is immaterial.
#### Use of estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the year. Actual results may differ from those estimates.
#### Cash and cash equivalents
Cash and cash equivalents are comprised of cash including deposits in banks with original maturities of three months or less.
#### Revenue recognition
In accordance with ASC 606 Revenue from Contracts with Customers ("ASC 606"), the Company recognizes revenue when its customer obtains control of the goods or services, in an amount that reflects the consideration which the Company expects to be entitled in exchange for those goods or services.
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#### 2. Summary of significant accounting policies (continued)
#### Revenue recognition (continued)
To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, it performs the following five steps:
- i. identify the contract(s) with a customer;
- ii. identify the performance obligations in the contract;
- iii. determine the transaction price;
- iv. allocate the transaction price to the performance obligations in the contract; and
- v. recognize revenue when (or as) the entity satisfies a performance obligation.
Institutional sales revenue consists of revenue generated through commission-based brokerage services provided to institutional clients, recognized on a settlement date basis.
New issues and private placement revenue consists of commissions earned on private placements of securities. Commissions earned on private placements of securities are recorded when the underlying transaction is completed under the engagement terms and the related revenue is reasonably determinable.
Interest revenue consists of amounts earned on cash deposited in bank accounts. The interest is recognized as it is earned.
#### Foreign currency translation
The Company's functional currency is the Canadian dollar. These financial statements have been translated into the US dollar reporting currency for regulatory purposes. All assets and liabilities denominated in Canadian dollars are translated into US dollars at the exchange rate in effect at the statements of financial position date. Revenues and expenses denominated in Canadian dollars are translated at the exchange rate in effect at the transaction date. Foreign exchange gains and losses are included in the determination of comprehensive loss for the year.
#### Income taxes
Income taxes are accounted for using an asset and liability approach, which requires the recognition of taxes payable or refundable for the current period and deferred tax assets and liabilities for future tax consequences of events that have been recognized in the Company's financial statements or tax returns. The measurement of current and deferred tax assets and liabilities is based on provisions of enacted tax laws; the effects of future changes in tax laws or rates are not factored into the measurement. Deferred tax assets are reduced, if necessary, by a valuation allowance where, based on available evidence, the probability of realization of the deferred tax asset does not meet a more-likely-than-not criterion.
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## Ventum Financial (US) Corp. Notes to the Financial Statements
(Expressed in US dollars) March 31, 2025
### 2. Summary of significant accounting policies (continued)
#### Accounting for uncertainty in income taxes
The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority.
### 3. Financial instruments, fair value measurements
The Company follows guidance under ASC 820 Fair Value Measurements ("ASC 820") with regard to financial assets and liabilities measured at fair value on a recurring basis. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
The standard describes three levels of inputs that may be used to measure fair value:
- Level 1: Quoted market prices in active markets for identical assets or liabilities.
- Level 2: Inputs other than Level 1 inputs that are either directly or indirectly observable such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable; or other inputs not directly observable, but derived principally from, or corroborated by, observable market data.
- Level 3: Unobservable inputs that are supported by little or no market activity.
The Company utilizes the market approach to measure fair value for its financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.
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### 4. Financial instruments
#### Fair value
The financial instruments of the Company consist of cash, accounts receivable, due from parent company, due from clients, accounts payable and due to brokers and dealers. The carrying value approximates fair value due to their short maturities.
#### Risk management
In the normal course of business, the Company is exposed to credit risk, liquidity risk, market risk, fair value risk, interest rate risk and foreign exchange risk. These risks are managed in the following manner:
(a) Credit risk
The Company's exposure to credit risk arises from the possibility that a counterparty to a transaction might fail to perform under its contractual commitment, resulting in a financial loss to the Company. To minimize its exposure, the Company trades only for institutional investors, requires settlement of securities transactions on a delivery against payment basis, monitors credit exposures, monitors the total value of transactions with counterparties, and maintains the majority of its cash with high credit quality financial institutions. There was \$778,007 in cash exceeding the Canadian federally insured limits at March 31, 2025. During the year, there may be times when uninsured cash is higher or lower.
As at March 31, 2025, all accounts receivable and due from parent company are current. Management believes that counterparty concentrations are in the normal course of business and are not unusual. No provisions have been made for any potential uncollectable accounts.
(b) Liquidity risk
Liquidity risk is the risk that the Company cannot meet a demand for cash or fund its obligations as they come due. The Company's management oversees the liquidity risk management program to ensure the Company has access to enough readily available funds to cover its financial obligations as they come due. The Company's business requires capital for operating and regulatory purposes. The assets reflected on the statements of financial position are highly liquid. Amounts due from parent company are non-interest bearing and have no set terms of repayment.
(c) Market risk
> Market risk is the risk that the fair value or future cash flows of the financial instrument will fluctuate because of changes in market prices. For purposes of disclosure, the Company segregates market risk into three categories: fair value risk, interest rate risk and foreign exchange risk.
#### Fair value risk
Fair value risk is the potential for loss from an adverse movement in the value of a financial instrument. It is management's opinion that the Company is not exposed to significant fair value risk from these financial instruments.
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#### 4. Financial instruments (continued)
#### Risk management (continued)
(c) Market risk (continued)
Interest rate risk
Interest rate risk arises from the possibility that changes in interest rates will affect the value of financial instruments held by the Company. The Company is exposed to interest rate risk on the cash balances held.
#### Interest rate sensitivity analysis
The following table provides the effect on net income if interest rates were to decrease or increase by 100 basis points ("bp") for the year ended March 31, 2025, applied to the balances as of this date. This analysis assumes that all other variables remain constant.
| | | Effect of a | Effect of a |
|----------------|---------------|----------------|----------------|
| | | 100 bp | 100 bp |
| | | increase in | decrease in |
| | Carrying | interest rates | interest rates |
| | value | on net income | on net income |
| March 31, 2025 | | | |
| Cash | \$
847,572 | \$
8,476 | \$
(8,476) |
#### Foreign exchange risk
Foreign exchange risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates of financial amounts denominated in US dollars. The Company incurs foreign exchange risk on financial instruments denominated in currencies other than its functional currency, which includes cash, accounts receivable and accounts payable. The Company is not materially impacted by foreign exchange risk.
| 5. Share capital | 2025 |
|----------------------------------------------------------------------------------------------|---------------|
| Authorized
100,000,000
common shares without par value | |
| Additional paid in capital
Premium received on issuance of:
1,225,100
common shares | \$
755,100 |
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#### 6. Related party transactions
- (a) During the year ended March 31, 2025, the Company paid clearing fees of \$52,342 and overhead allocation of \$44,824 to its parent company, Ventum Financial Corp.
- (b) At March 31, 2025, amounts due from parent company include \$3,764 due from Ventum Financial Corp.
The above transactions occurred in the normal course of operations and are measured at the exchange amount as agreed to by the related parties. The amounts are unsecured and non-interest bearing with no set terms of repayment.
#### 7. Concentrations
For the year ended March 31, 2025, two customers accounted for more than 10% of the Company's institutional sales and new issues and private placement revenue totalling approximately \$132,000.
#### 8. Capital requirements
The Company requires capital for operating and regulatory purposes including the funding of current and future operations. The capital structure is defined as stockholder's equity which comprises share capital, retained earnings and foreign currency translation reserve.
The Company's capital management framework is designed to exceed the level of capital that will meet the Company's regulatory capital requirements, fund current and future operations, and ensure that the Company is able to meet its financial obligations as they become due.
The Company is subject to the Securities and Exchange Act Uniform Net Capital Rule ("Rule 15c3- 1"), which requires the maintenance of minimum net capital. The Company follows the primary (aggregate indebtedness) method under rule 15c3-1 with the K(2)(i) exemption which requires the Company to maintain minimum net capital equal to the greater of \$100,000 and one-fifteenth of aggregate indebtedness. If the net capital ratio exceeds 10 to 1, the Company may not withdraw equity capital or pay cash dividends.
At March 31, 2025, the Company had net capital of \$760,629 which was \$660,629 in excess of its required net capital of \$100,000. The Company's ratio of aggregate indebtedness to net capital was 0.0510 to 1. As at March 31, 2025, the Company was in compliance with all minimum regulatory requirements (Schedule 1).
Net capital is a non-GAAP measure and it is a prescribed calculation by the Securities and Exchange Commission's Uniform Net Capital Rule. As a result, the measure may not be comparable to similar measures prescribed by other companies.
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## Ventum Financial (US) Corp. Notes to the Financial Statements
(Expressed in US dollars) March 31, 2025
#### 9. Income taxes
| | 2025 | 2025 |
|------------------------------------|----------------------|---------------|
| | Percentage of Income | |
| Income taxes at the statutory rate | 27.0 | \$
(3,475) |
| Rate differential and other | (3.7) | 470 |
| Income tax recovery | 23.3 | \$
(3,005) |
#### 10. Single reportable segment
The Company is engaged in a single line of business as a securities broker-dealer registered with the Financial Industry Regulatory Authority. The Company's business is comprised of services, including agency transactions and investment banking as a selling group member. The Company has identified its President as the chief operating decision maker ("CODM"), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital (See Note 8), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. 2026 \$ 47,542 2027 26,292 2028 2,087 \$ 75,921
#### 11. Commitments
The Company is party to minimum operating usage requirements under three data processing service contracts. Estimated minimum service fees for the remainder of the service contracts are as follows:
| 2026
2027
2028 | ക | 47,542
26,292
2,087 |
|----------------------|----|---------------------------|
| | ಕೆ | 75,921 |
There are no other commitments or contingencies as of March 31, 2025.
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### 12. Company conditions
The Company had a net loss of \$9,867 for the year ending March 31, 2025. The Company's parent company has represented that they intend to make capital contributions, as needed, to ensure the Company's continuing operations.
Management expects the Company to continue as a going concern and the Company's financial statements have been prepared on a going concern basis.
### 13. Subsequent events
The Company has evaluated subsequent events through to the date the financial statements were available to be issued. Based on such evaluation, no such events have occurred that in the opinion of management warrant disclosure in or adjustment to the financial statements.
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### Ventum Financial (US) Corp. Focus Report - Part IIA - Computation of Net Capital Pursuant to Rule 15c3-1 of the Securities and Exchange Act
(Expressed in US dollars)
| March 31, 2025 | Firm ID: 127404 |
|----------------|-----------------|
| 1
2 | Total ownership equity (o/e)
Deduct o/e not allowable for net capital (NC) | \$
820,535
- |
|--------------|-------------------------------------------------------------------------------------------------------------------|--------------------|
| 3 | Total o/e qualified for net capital | 820,535 |
| 4
A
B | Add:
Allowable subordinated liabilities
Other deductions or credits
Description
FINRA Rule 3020(b)(2) | -
- |
| 5
6 | Total capital and allowable subloans
Deductions and/or charges: | 820,535 |
| A
B
1. | Total non-allowable assets
Aged fail to deliver
Number of items | (11,743)
-
- |
| F
7 | Other deductions and/or charges
Other additions and/or allowable credits | -
- |
| 8
9 | Net capital before haircuts
Haircuts on securities: | 808,792 |
| A
B
C | Contractual commitments
Subordinated debt
Trading and investment sec: | -
- |
| 1
2 | Exempted securities
Debt securities | -
- |
| 3
4
D | Options
Other securities
Undue concentration | -
-
- |
| E | Other
Description: haircut on Canadian dollar denominated accounts
of \$802,711 | (48,163) |
| 10 | Net capital | \$
760,629 |
| 11 | Minimum net capital required (based on 6 2/3% of total
aggregate indebtedness) | \$
2,585 |
| 12 | Minimum dollar requirement | \$
100,000 |
| 13 | Net capital requirement (greater of line 11 or 12) | \$
100,000 |
| 14 | Excess net capital | \$
660,629 |
| 15 | Net capital less greater of (net capital - 10% of AI
or 120% Net Capital Requirement) | \$
640,629 |
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### Ventum Financial (US) Corp. Focus report - Part IIA - Computation of Net Capital Pursuant to Rule 15c3-1 of the Securities and Exchange Act
| (Expressed in US dollars)
March 31, 2025 | | | Firm ID: 127404 | | |
|---------------------------------------------|-------------------------------------------------------------------------------|----|-----------------|--|--|
| Computation of aggregate indebtedness (AI) | | | | | |
| 16
17 | Total AI liability from statement of financial condition
Add: | \$ | 38,780 | | |
| A | Drafts for immediate credit | | - | | |
| B | Market value of sec borrowed where no equivalent value
is paid or credited | | - | | |
| C | Other unrecorded amounts | | - | | |
| 19 | Total aggregate indebtedness | \$ | 38,780 | | |
| 20 | Ratio of AI/NC | | 5.10% | | |
| 29 | Percentage of debt to debt equity | | 0.00% | | |
| | | | | | |
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### Ventum Financial (US) Corp. Other Representations
(Expressed in US dollars) March 31, 2025 Firm ID: 127404
#### Schedule: Computation of determination of reserve requirements pursuant to Rule 15c3-3
This particular schedule is not applicable to the above firm as at March 31, 2025. Ventum Financial (US) Corp. is exempt from 15c3-3, due to the K(2)(i) exemption. As a result, the schedule is not included as part of the annual audit report.
#### Schedule: Information relating to the possession or control requirements under Rule 15c3-3
This particular schedule is not applicable to the above firm as at March 31, 2025. Ventum Financial (US) Corp. is exempt from 15c3-3, due to the K(2)(i) exemption. As a result, the schedule is not included as part of the annual audit report.
{20}------------------------------------------------
### Ventum Financial (US) Corp. Reconciliation of Computation of Net Capital
| (Expressed in US dollars)
March 31, 2025 | | Firm ID: 127404 | | |
|------------------------------------------------------------------------------------|----|-----------------|--|--|
| Net capital per firm (per March 31, 2025 focus report
submitted April 23, 2025) | \$ | 760,629 | | |
| Add: no adjustments | | - | | |
| Deduct: no adjustments | | - | | |
| Net capital per audited computation of net capital as at March 31, 2025 | \$ | 760,629 | | |
{21}------------------------------------------------
{22}------------------------------------------------
June 11, 2025
### **Ventum Financial (US) Corp. Exemption Report**
Ventum Financial (US) Corp. (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following:
The Company claimed an exemption from 17 C.F.R. § 240.15c3-3 under the following provisions of 17 C.F.R. § 240.15c3-3 (k)(2)(i)
The Company met the identified exemption provisions in 17 C.F.R. § 240.15c3-3(k)(2)(i) throughout the most recent fiscal year end March 31, 2025 without exception.
### **Ventum Financial (US) Corp.**
I, D. Andrew Murray, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct.
D. Andrew Murray, CA CPA *Chief Financial Officer*
Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.