# CIG SECURITIES, INC. X-17A-5 (2026-05-01) — Broker-dealer annual report - Company: CIG SECURITIES, INC. - Form: X-17A-5 - Filed: 2026-05-01 - Period: 2025-12-31 - Accession: 0001272189-26-000005 - CIK: 1272189 - File #: 8-66266 - Type: Broker-dealer - Material weakness: No - Auditor: Assurance Dimensions - Auditor location: Coral Springs, FL - Contact: Kenneth Chaput - Phone: (248) 827-1010 - Email: ominkara@cigcapitaladvisors.com - Website: cigcapitaladvisors.com - Signed by: Osman Minkara (Managing Principal) Original filing: https://www.sec.gov/Archives/edgar/data/1272189/000127218926000005/cigsec123125conf1.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 > 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 | 12/31/2025
01/01/2025
AND ENDING | | | | | MM/DD/YY | | MM/DD/YY | | | A. REGISTRANT IDENTIFICATION | | | | NAME OF FIRM:CIG Securities, Inc. | | | | | TYPE OF REGISTRANT (check all applicable boxes):
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.)
One Towne Square, Suite 1850 | | | | | Southfield | (No. and > U | | 48076 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | Osman Minkara | 248-827-1010 | | oMinkara@cigcapitaladvisors.com | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
Assurance Dimension | | | | | 3111 N. University Dr. Ste 621 (Name – if individual, state last, first, and middle name) 3111 N. University Dr. Ste 621 Coral Springs S FL | | | 33065 | | 4/13/2010 | (City) | (State)
5036 | (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 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. | OMB APPROVAL | | | | |---------------------------|--|--|--| | OMB Number: 3235-0123 | | | | | Expires: Nov. 30, 2026 | | | | | Estimated average burden | | | | | hours per response:
12 | | | | SEC FILE NUMBER {1}------------------------------------------------ #### OATH OR AFFIRMATION | i Osman Minkara | swear (or affirm) that, to the best of my knowledge and belief, the | | |-----------------------------------------------------------|---------------------------------------------------------------------|-------| | financial report pertaining to the firm of CIG Securities | | as of | of the him of the firm of Or Occallies , 2005 - 1, is true and correct. I further swear (or affirm) that neither the company , a sol 12/31 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. | | -Signed by: | | |------------|------------------|--| | Signature: | Disman Minkara | | | Title: | -0D1FACBE8814486 | | Managing Principle #### 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 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. - [j] Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - □ (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. - [1) 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-1, 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 compliance report under 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 240.17a-5(e)(2), as applicable. {2}------------------------------------------------ Financial Statements and Supplementary Information (Confidential per Rule 17a-5(e)(3)) Year Ended December 31, 2025 {3}------------------------------------------------ #### - # # | |
| |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------| | | | | | | | !"#\$% #& | '( | | ))!)
)) | '* | | +),+, , -. ! | /01 | | .!2 | | | 3454676849:;<858=<5>?98@<4<98 | A | | 3454676849:B8=976 | C | | 3454676849:?D58E6F<8GHIJKLIMNOPQRSTU<4V | W | | 3454676849:?5FD;>9XF | Y | | Z946F49;<858=<5>345467684F | [\]/ | | ++.!^)!2 | | | 3=D6@U>6]0?97_U454<989:Z64?5_<45>`8@6abU>6]A=/0]9:4D636=Ua<4<6F
58@Sc=D58E6?9776'\?97_U454<98:9ad646a7<854<989:b6F6ae6b6TUb6>54<8E49f9FF6FF<989a?984a9>b6TU6]A=/0/9:4D636=Ua<4<6F
Sc=D58E6(=49:][[1]1 | | | b6_9a49:B8@6_68@684b6E<=(==9U84<8E; ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY: 4920 W Cypress Street, Suite 102 | Tampa, FL 33607 | Office: 813.443.5048 | Fax: 813.443.5053 JACKSONVILLE: 7800 Belfort Parkway, Suite 290 | Jacksonville, FL 32256 | Office: 888.410.2323 | Fax: 813.443.5053 ORLANDO: 1800 Pembrook Drive, Suite 300 | Orlando, FL 32810 | Office: 888.410.2323 | Fax: 813.443.5053 SOUTH FLORIDA: 3111 N. University Drive, Suite 621 | Coral Springs, FL 33065 | Office: 754.800.3400 | Fax: 813.443.5053 www.assurancedimensions.com "AD Advisors" is the brand name which AD Abisors" and Assurance II Circuling is subsition Mollamar and Associates, LC (efered together a " AD LC"), povide protessional servic AD LC practice a a alterative procture in accordinal Corduct and applicale laws, regulations and professional startes and professional startes and content of Chim that provid its clients, and AD Advisors provide tax and busing services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA firms. {5}------------------------------------------------ ## Statement of Financial Condition | December 31, 2025 | | |--------------------------------------------------------------------------------------------------------|-----------------------------| | Assets
Cash
Prepaid expenses and other | \$51,017
2,448 | | Total Assets | 53,465 | | Liabilities and Stockholder's Equity | | | Liabilities:
Accounts payable | 41,080 | | Total Liabilities | 41,080 | | Commitments and
contingencies (Note 5) | | | Stockholder's Equity:
Common stock, \$1 par value - 60,000 shares authorized; 100 shares issued and | | | outstanding
Additional paid-in capital
Retained deficit | 100
299,893
(287,608) | | Total Stockholder's Equity | 12,385 | | Total Liabilities and Stockholder's Equity | \$53,465 | See accompanying notes to financial statements. {6}------------------------------------------------ ## Statement of Income | Year ended December 31, 2025 | | |--------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------| | Revenues:
Commissions and trails | \$640,763 | | Total Revenues | 640,763 | | Expenses:
Operating Expenses | | | Professional fees
Shared expenses
License and fees
Insurance
Computer expenses
Miscellaneous expenses
Total Operating Expenses | 38,358
20,503
19,735
12,932
8,281
1,658
101,467 | | Total expenses | 101,467 | | Net Income | \$539,296 | See accompanying notes to financial statements. {7}------------------------------------------------ ### Statement of Changes in Stockholder's Equity Year ended December 31, 2025 | | Common Stock | | Additional
Paid-in | Retained | Total
Stockholder's | |--------------------------------------------------------|--------------|--------|-----------------------|-------------|------------------------| | | Shares | Amount | Capital | Deficit | Equity | | Balance, January 1, 2025 | 100 | \$100 | \$198,426 | \$(144,100) | \$54,426 | | Net income
Contributions (Forgiveness of amount due | | | 101,467 | 539,296 | 539,296
101,467 | | to parent)
Distributions | | | | (682,804) | (682,804) | | Balance, December 31, 2025 | 100 | \$100 | \$299,893 | \$(287,608) | \$12,385 | See accompanying notes to financial statements. {8}------------------------------------------------ ## Statement of Cash Flows | Year ended December 31, 2025 | | |--------------------------------------------------------------------------------------------------------------|-----------| | Cash Flows From Operating Activities: | | | Net income | \$539,296 | | Adjustments to reconcile net income to net cash provided by operating activities:
(Increase) decrease in: | | | Prepaid expenses and other | 7,129 | | Accounts payable | (7,114) | | Accrued Expenses | (21,000) | | Net Cash Provided by Operating Activities | 518,311 | | Cash Flows To Financing Activities: | | | Net contributions | 101,467 | | Net distributions paid | (682,804) | | Net Cash Used in financing activities | (581,337) | | Net Decrease in Cash | (63,026) | | Cash, Beginning of Year | 114,043 | | Cash, End of Year | \$51,017 | | Supplemental Disclosures of Cash Flow Information | |---------------------------------------------------| | Cash paid during the year for: | | Interest | | Income Taxes | See accompanying notes to financial statements. 0 0 {9}------------------------------------------------ ## Notes to Financial Statements #### 1. Nature of Operations CIG Securities, Inc. (the "Company"), a subchapter S-Corporation, is a broker-dealer registered with the Financial Industry Regulatory Authority ("FINRA"), and a member of the Securities Investor Protection Corporation ("SIPC"). The Company is a Michigan corporation that is a fully owned subsidiary of CIG Capital Advisors (the "Parent"). ## 2. Summary of Significant Accounting Policies #### Basis of Presentation The financial statements are expressed in United States dollars and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). #### Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. #### Cash & Equivalents The Company considers all highly liquid investments with an original maturity of three months or less to be Cash & Equivalents. As of December 31, 2025, there were no amounts deposited that exceeded FDIC limits. #### Accounts Receivable The accounts receivable are stated at the amount management expects to collect. Management provides for probable uncollectible amounts through a provision for credit loss expense based on historical experience, current conditions, and reasonable and supportable forecasts. As of December 31, 2025, the Company does not estimate any expected credit losses in commissions receivable. As such, no allowance has been recorded. #### Income Taxes The Company has elected to be taxed under the provisions of Subchapter-S of the Internal Revenue Code, and the Parent has elected to treat the Company as a qualified Subchapter-S Subsidiary. Accordingly, the Company's net income is included in the Parent's income tax return. The Company believes that it does not have any uncertain tax positions that result in a material impact on the Company's financial position or operations. The Company is no longer subject to examination by tax authorities for Federal and state income taxes for periods before 2020. #### Revenue Recognition The Company follows Revenue from Contracts with Customers (Topic 806). i) Adoption of ASC Topic 606, Revenue from Contracts with Customers Revenues are recognized when control of the promised services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Revenues are analyzed to determine whether the Company is the principal (i.e. {10}------------------------------------------------ ## Notes to Financial Statements ## 2. Summary of Significant Accounting Policies (continued) Revenue Recognition (continued) reports revenues on a gross basis) or agent (i.e. reports revenues on a net basis) in the contract. Principal or agent designations depend primarily on the control an entity has over the product or service before control is transferred to a customer. The indicators of which party exercises control include primary responsibility over performance obligations, inventory risk before the good or service is transferred and discretion in establishing the price. ii) Significant Judgments Revenue from contracts with customers includes commission income and fees from advisors. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company's progress under the contract; and whether constraints on variable consideration should be applied due to uncertain future events. iii) Commission Revenue Commission revenue represents sales commissions generated by advisors for their clients' purchases and sales of securities on exchanges and over the counter, as well as purchases of other investment products. The Company views the selling, distribution and marketing, or any combination thereof, of investment products to such clients as a single performance obligation to the product sponsors. The Company is the principal for commission revenue, as it is responsible for the execution of the clients' purchases and sales and maintains relationships with the product sponsors. Advisors assist the Company in performing its obligations. Accordingly, total commission revenues are reported on a gross basis. The Company generates two types of commission revenue: sales-based commission revenue that is recognized at the point of sale on the trade date and trailing commission revenue that is recognized over time as earned. Sales-based commission revenue varies by investment product and is based on a percentage of an investment product's current market value at the time of purchase. Trailing commission revenue is generally based on a percentage of the current market value of clients' investment holdings in trail-eligible assets, and is recognized over the period during which services, such as on-going support, are performed. As trailing commission revenue is based on the market value of clients' investment holdings, this variable consideration is constrained until the market value is determinable. The following table presents our sales-based (point in time) and trailing (over time) commission revenues: > Twelve Months Ended December 31, 2025 > > Sales-based: Total sales-based revenue S 587,412 {11}------------------------------------------------ ## Notes to Financial Statements ## 2. Summary of Significant Accounting Policies (continued) Revenue Recognition (continued) Trailing: | Total trailing revenue | | |--------------------------|---------| | Total commission revenue | 640.763 | Administrative fees are based upon an agreement with the Parent and cover expenses related to both entities. See Related Party Note regarding related party transactions. Other income is generated by affiliation-fees charged to advisors and marketing reimbursements. ## 3. Net Capital Requirements 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 (and the rule of the "applicable" exchange also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1), or \$5,000, whichever is greater. The rule also requires the Company to notify and sometimes obtain approval from the SEC and FINRA for significant withdrawals of capital or loans to affiliates. As of December 31, 2025, the Company had net capital of \$9,937 which exceeded the requirements by \$4,937. The Company's net capital ratio was 4.13 to 1. {12}------------------------------------------------ ## Notes to Financial Statements #### 4. Related Party Transactions The Company has a service agreement with the Parent provides all administrative office services, and the Company agrees to pay for these office services monthly. The charges for office services for the year ended December 31, 2025, were \$20,503. The Company also has an arrangement with its Parent related to the collection of revenue and payment of expenses. Under these arrangements, certain Company related commissions revenue are collected by the Parent on behalf of the Company, and certain Company expenses are paid by the Parent on behalf of the company. The related intercompany activity was settled at the end of the month through capital contributions as applicable. During the year ended December 31, 2025, the company recorded capital contributions of \$101,467 related to expenses paid by the Parent on behalf of the company, which were treated as forgiveness of amounts due to the Parent. The Company also recorded net distributions to the Parent and an affiliated entity in the amount of \$431,671and \$251,133, respectively. Since the related intercompany activity was settled through equity transactions, no related party receivable or payable related to was presented in the accompanying statement of financial condition as of December 31, 2025. ## 5. Commitments and Contingencies The Company may be subject to legal proceedings and claims which arise in the ordinary course of business. In the opinion of management, the ultimate outcome of the claims and litigation, if any, will not have a material adverse effect on the Company's financial position. ## 6. Off-Balance Sheet Risk, Market Risk and Concentration of Credit Risk Credit risk represents the maximum potential loss that the Company would incur if the counterparties failed to perform pursuant to the terms of their agreements with the Company. In the normal course of business, the Company facilitates the execution of securities transactions on behalf of customers as an agent. If the agency transactions do not settle because of failure to perform by either the customer or the counterparty, the Company may be obligated to discharge the obligation of the nonperforming party and, as a result, may incur a loss if the market value of the securities differs from the contract amount. The Company's policy is to monitor its market exposure and counterparty risk. There were no losses incurred due to off-balance sheet risk during the year. For 2025, 60% of revenues come from the products of a single insurance company. The firm does not view this as a concentration risk. {13}------------------------------------------------ ## Notes to Financial Statements ## 7. Broker Dealer - Single Reportable Segment The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of a single class of service, agency transactions. The Company has identified its CEO 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 3), 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 distributions. 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. ## 8. Subsequent Events Management has evaluated subsequent events through April 30, 2026 the date on which the financial statements were available to be issued. Management has determined that there are no material events that would require adjustment or disclosure in the financial statements. {14}------------------------------------------------ ## Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission # Supplementary Information | December 31, 2025 | | |-------------------------------------------------------------------------------------------------------------------------------------|----------------------| | Computation of Net Capital:
Total stockholder's equity
Less Non-allowable assets | \$12,385 | | Prepaid expenses | (2,448) | | Net Capital | \$9,937 | | Computation of Basic Net Capital Requirement:
Minimum net capital, the greater of \$5,000 or 6-2/3% of
aggregate indebtedness | \$5,000 | | Excess net capital | \$4,937 | | Computation of Aggregate Indebtedness:
Account Payable
Total Aggregate Indebtedness | \$41,080
\$41,080 | | Ratio of aggregate indebtedness to net capital | 4.13 to 1 | #### Reconciliation of the Computation of Net Capital Indebtedness Under Rule 15c3-1 | Net capital, as reported on Part II of the Focus Report (unaudited)
Adjustments | \$9,914
23 | |------------------------------------------------------------------------------------|---------------| | | | {15}------------------------------------------------ #### Schedule II - Computation For Determination of Reserve Requirements and Information Relating to Possession or Control Requirements Under Rule 15c3-3 of the Securities Exchange Act of 1994 The Company has no reserve deposit obligations from the Computation for Determination of Reserve Requirement for Broker/Dealer under Rule 15c3-3 of the Securities and Exchange Commission. The Company is considered "Non-Covered Firm" pursuant to footnote 74 to SEC Release 34-70073, and as discussed in Q&A 8 of the related FAQ issued by the SEC staff. The Company limits its business activities exclusively to effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the company. The Company has no information for Possession or Control Requirement for Broker/Dealer under Rule 15c3-3 of the Securities and Exchange Commission. 15 One Northwestern Plaza • 28411 Northwestern Highway • Suite 800 • Southfield, Michigan 48034-5538 • O 248.357.9001 182 South Industrial Drive • Saline, Michigan 48176 • O 734.429.7172 • F 734.429.7383 www.mrpr.com {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) ## CIG Securities, Inc.'s Exemption Report CIG Securities, Inc. (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission. 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: (1) The Company did not claim an exemption under paragraph (k) 17 C.F.R. 240.15c3-3, (2) The Company is filing this Exemption Report as it is currently relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to (1) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company: (2) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (3) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. ## CIG Securities, Inc. I, Osman Minkara swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. ![](_page_16_Picture_7.jpeg) Osman Minkara Managing Partner April 30, 2026 // One Towne Square, Suite 1850, Southfield, Michigan // TELEPHONE 248.827.1010 // FAX 248.827.7167 // cigc TELEPHONE 248.827.1010 // FAX 248.827.7167 // cigcapitaladvisors.com Securities Offered Through CIG Securities, Inc., Member FINRA/SIPC. Investment Advisory Services Available Through CIG Asset Management, Inc., a SEC Registered Investment Adviser Insurance Services Provided by CIG Risk Management, Inc All Are Wholly Owned Subsidiaries of CIG Capital Advisors, Inc. {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON APPLYING AGREED-UPON PROCEDURES To the Stockholder of CIG Securities, Inc. 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 Corporation (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 CIG Securities, Inc. (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 complicable 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 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 performed, and our associated findings are as follows: - 1) Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entres, 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 orginally 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. ssurance ( Jimensions Assurance Dimensions, LLC Coral Springs, Florida April 30, 2026 ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY: 4920 W Cypress Street, Suite 102 | Tampa, FL 33607 | Office: 813.443.5048 | Fax: 813.443.5053 JACKSONVILLE: 7800 Belfort Parkway, Suite 290 | Jacksonville, FL 32256 | Office: 888.410.2323 | Fax: 813.443.5053 ORLANDO: 1800 Pembrook Drive, Suite 300 | Orlando, FL 32810 | Office: 888.410.2323 | Fax: 813.443.5053 SOUTH FLORIDA: 3111 N. University Drive, Suite 621 | Coral Springs, FL 33065 | Office: 754.800.3400 | Fax: 813.443.5053 www.assurancedimensions.com "Asurate Dimension" is the bronne in the including in the manufacter, il Clefered to Click in the March, in Partiers in Life in Albert M. (10 A.) LC is lieved index . A DLC i services to its clients, and AD Advisors provide tax and business consulting services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA frims. {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) # ASSURANCEDIMENSIONS #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - EXEMPTION REPORT REVIEW To the Stockholder of CIG Securities, Inc. We have reviewed managements, included in the accompanying Rule 15c3-3 Exemption Report pursuant to SEC Rule 17a-5, in which (1) CIG Securities, Inc. (the "Company") did not claim an exemption under paragraph (k) of 17 C.F.R. (240.15c3-3, and (2) the Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activites exclusively to effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company. In addition, the Company did not directly receive, hold, or otherwise owe funds or securities for or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscription way basis where the funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception. CIG Securities, Inc.'s management is responsible for compliance with the provisions, throughout the most recent fiscal year, contemplated by Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 and related SEC Staff Frequently Asked Questions 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 CIG Securities, Inc.'s compliance with the exemption provisions. 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 upon the Company's business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions. ssurance ( ) imensions Assurance Dimensions, LLC Coral Springs, Florida April 30, 2026 > ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY: 4920 W Cypress Street, Suite 102 | Tampa, FL 33607 | Office: 813.443.5048 | Fax: 813.443.5053 JACKSONVILLE: 7800 Belfort Parkway, Suite 290 | Jacksonville, FL 32256 | Office: 888.410.2323 | Fax: 813.443.5053 ORLANDO: 1800 Pembrook Drive, Suite 300 | Orlando, FL 32810 | Office: 888.410.2323 | Fax: 813.443.5053 SOUTH FLORIDA: 3111 N. University Drive, Suite 621 | Coral Springs, FL 33065 | Office: 754.800.3400 | Fax: 813.443.5053 www.assurancedimensions.com ID Advisors' is the brand rander wirith AD deliors' J.C. ("All Assurance Dinesions , LC (cefered byther a " AD LC", provide processional service. AD Aujors and AD LLC rractie a a a alemative produce with the AVPA Code of Probesional Conduct and policable laws, egulators, AD LLC a illeendent CPA finn that provides ates series on clients, and AD Advisors provide tax and business consulting services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA firms. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.