# AMERICAN INDEPENDENT SECURITIES GROUP, LLC X-17A-5 (2021-03-02) — Broker-dealer annual report - Company: AMERICAN INDEPENDENT SECURITIES GROUP, LLC - Form: X-17A-5 - Filed: 2021-03-02 - Period: 2020-12-31 - Accession: 0001324107-21-000003 - CIK: 1324107 - File #: 8-66905 - Material weakness: No - Auditor: Haynie & Company - Auditor location: Salt Lake City, UT - Contact: Ryan Carlson - Phone: 2084893131 - Signed by: Ryan Carlson (CFO) Original filing: https://www.sec.gov/Archives/edgar/data/1324107/000132410721000003/2020annualauditpublic1.pdf --- {0}------------------------------------------------ UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington, D.C. 20549 ## ANNUAL **AUDITED REPORT** FORM X-17A-5 **PART** Ill 0MB APPROVAL 0MB Number: 323S·C>123 Expfres: October 31, 2023 Estimated average burden hours er res nse ...... 12.00 ![](_page_0_Picture_3.jpeg) FACING PAGE Information Required of Brokers and Dealers Punuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder | REPORT FOR THE PERIOD BEOINNINO 01/01/2020 | | AND ENDING 12/31/2020 | | | |---------------------------------------------------------------------------|-------------------------------------------------------|-----------------------|--------------------------------|--| | | MMIDD/YY | | MM/DD/YY | | | | A. REGISTRANT IDENTIFICATION | | | | | NAME OF BROKER-DEALER: American Independent Securities Group, LLC | | | OFFICIAL USE ONLY | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | | FIRM 1.0. NO. | | | 664 S Rivershore Ln, Ste 150 | | | | | | | (No. and Street) | | | | | Eaglm | ldatho | | 83616 | | | (City) | (State) | | (Zip Code) | | | NAMB AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT | | | | | | | | | (Area Code - Totcphono Number) | | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNT ANT whose opinion is contained in this Report• | | | | | | Haynie & Company | | | | | | | (Name - I/ Individual. 1tate lat. jlr1t. middle name) | | | | | 1785 West 2320 South | Salt Lake City | Utah | 84119 | | | (Address) | (City) | (State) | (Zip Code) | | | CHECK ONE: | | | | | | ( allcertified Public Accountant | | | | | | 0Public Accountant | | | | | | | | | | | | OAccountant not resident in United States or any of its possessions. | | | | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | | | | | | | | | | | | | *•Claims for exemption from the requirement that the annual report be covered by the opinion of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis for the exemption. See Section 240.l 7a-S(e)(2)* > **Potentlal persons who are to respond to the collectlon of Information contained In this form are not required to respond** unle88 the form dlsplaysa currentlyvalld 0MB control number. {1}------------------------------------------------ ## **OATH OR AFFIRMATION** | 1. Ryan Carlson | • swear ( or affirm) that, to the best of | | | | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|--|--|--| | American Independent Securities Group. LLC | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
• as | | | | | of Decenber 31st | 2020
are true and comet. I further swear (or affirm) that | | | | | | neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account | | | | | classified solely as that of a customer, except as follows: | | | | | | | | | | | | 111/A
I | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | CFO | | | | | | Title | | | | | | | | | | | | | | | | | | | | | | | I
s report•• contains (check all applicable boxes):
(a) Facing Page. | | | | | | (b) Statement of Financial Condition. | | | | | | | D (c) Statement oflncome (Loss) or, if there is other comprehensive income in the period(s) presented, a Statement | | | | | | of Comprehensive lncome.(as defined in §210.1-02 of Regulation S-X). | | | | | ( d) Statement of Changes in Financial Condition.
(e) Statement of Changes in Stockholders' Equity or Partners' or Sole Proprietors' Capital. | | | | | | (t) Statement of Changes in Liabilities Subordinated to Claims of Creditors. | | | | | | (g) Computation of Net Capital. | | | | | | (b) Computation for Determination of Reserve Requirements Pursuant to Rule 1Sc3-3. | | | | | | (i) Information Relating to the Possession or Control Requirements Under Rule 1Sc3-3.
0 (j) A Reconciliation, including appropriate explanation of the Computation ofNet Capital Under Rule 1 Sc3-1 and the | | | | | | | Computation for Determination of the Reserve Requirements Under Exhibit A of Rule 1Sc3-3. | | | | | | 0 (k) A Reconciliation between the audited and unaudited Statements of Financial Condition with respect to methods of | | | | | consolidation. | | | | | | | | | | | | ff 0) An Oath or Affirmation.
(m) A copy of the SIPC Supplemental Report. | (n) A report describing any material inadequacies found to exist or found to have existed since the date of the previous audit. | | | | | | | | | | *••For conditions of confidential treatment of certain portions of thisjlling, see section 240.17a-S(e)(3).* {2}------------------------------------------------ # AMERICAN INDEPENDENT SECURITIES GROUP, LLC STATEMENTS OF FINANCIAL CONDITION DECEMBER 31, 2020 ### **ASSETS** | CURRENT ASSETS | 2020 | |-----------------------------------------------------|---------------| | Cash and cash equivalents | \$
491,902 | | Commissions receivable | 245,559 | | Prepaid and other assets | 67,707 | | Clearing deposit | 50,000 | | Total current assets | 855,168 | | Property and equipment, at cost, net of accumulated | | | depreciation of \$75,481 | 67,006 | | Total assets | \$
922,174 | | LIABILITIES AND MEMBERS' EQUITY | | | LIABILITIES | | | Accounts payable | \$
78,290 | | Commissions payable | 205,452 | | Accrued liabilities | 199,733 | | Total current liabilities | 483,475 | | Operating Lease Liability -
Long-term portion | 9,505 | | Total liabilities | 492,980 | | MEMBERS' EQUITY | 429,194 | | Total liabilities and members' equity | \$
922,174 | The accompanying notes are an integral part of these financial statements. {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) 1785 West 2320 South Salt Lake City, UT 8411 9 \. 801-972-4800 **111** 801-972-8941 @) www.HaynieCPAs. com ### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Members of American Independent Securities Group, LLC #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of American Independent Securities Group, LLC as of December 31, 2020, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of American Independent Securities Group, LLC as of December 31 , 2020 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of American Independent Securities Group, LLC's management. Our responsibility is to express an opinion on American Independent Securities Group, LLC's financial statement 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 American Independent Securities Group, 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 statement is 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 statement, 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. Haynie & Company Salt Lake City, Utah March 1, 2021 We have seNed as American Independent Securities Group, LLC's auditor since 2020. ![](_page_3_Picture_13.jpeg) ![](_page_3_Picture_14.jpeg) Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.