Full text of ARETE RESEARCH LLC's X-17A-5 filed 2025-06-27 (period 2025-03-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ## ARETE RESEARCH, LLC (A Wholly-Owned Subsidiary of Arete Research Services, LLP) FINANCIAL STATEMENTS PUBLIC COPY MARCH 31, 2025 {1}------------------------------------------------ # ARETE RESEARCH, LLC (A Wholly-Owned Subsidiary of Arete Research Services, LLP) # CONTENTS | | Page(s) | |---------------------------------------------------------|---------| | Form X-17A-5 Part Ill: Facing Page | 1 | | Oath or Affirmation | 2 | | Report of Independent Registered Public Accounting Firm | 3 | | Financial Statements | | | Statement of Financial Condition at March 31, 2025 | 4 | | Notes to Financial Statements | 5-9 | {2}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** 0MB APPROVAL 0MB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 # **ANNUAL REPORTS FORM X-17A-5 PART Ill** | SEC FILE NUMBER | | |-----------------|--| | 8-66145 | | **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 **4/1/2024** AND ENDING 313112025 MM/DD/YY MM/DD/YY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM: Arete Research, LLC TYPE OF REGISTRANT (check all applicable boxes): ~ Broker-dealer □ Security-based swap dealer □ Check here if respondent is also an OTC derivatives dealer □ Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | 101 Arch Street, 8th Floor | |--|--|----------------------------| |--|--|----------------------------| | (No. and Street) | | | | | |---------------------------------------------------------------------------------------------------|--------------------------------|-----------------|--------------------------|--| | Boston | MA | | 02110 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Francis Robert Merrill IV 617-357-4800 | | | robert.merrill@arete.net | | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*<br>WithumSmith+Brown PC | | | | | | (Name - if individual, state last, first, and middle name) | | | | | | 155 Seaport Blvd. | Boston | MA | 02210 | | | (Address) | (City) | (State) | (Zip Code) | | 100 rt• of R,g;,tcaUoo with PCAOB)(;f appficabl•J…Read the full text as markdown