# FRONTEGRA STRATEGIES, LLC X-17A-5 (2025-08-29) — Broker-dealer annual report - Company: FRONTEGRA STRATEGIES, LLC - Form: X-17A-5 - Filed: 2025-08-29 - Period: 2025-06-30 - Accession: 0001340442-25-000002 - CIK: 1340442 - File #: 8-67094 - Type: Broker-dealer - Material weakness: No - Auditor: Plante & Moran, PLLC - Auditor location: Chicago, IL - Contact: Charles S. Thompson II - Phone: 219-670-7279 - Email: cthompson@frontier-partners.com - Website: frontier-partners.com - Signed by: Charles S Thompson II (President) Original filing: https://www.sec.gov/Archives/edgar/data/1340442/000134044225000002/frontegra2025.pdf --- {0}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** | ANNUAL REPORTS | | | | | | |----------------|--|--|--|--|--| | FORM X-17A-5 | | | | | | | PART Ill | | | | | | | OMBAPPROVAL | |---------------------------| | 0MB Number: 3235-0123 | | Expires: Nov. 30, 2026 | | Estimated average burden | | hours per response:
12 | | SEC FILE NUMBER | |-----------------| | 8-67094 | **FACING PAGE** Information Required **Pursuant to Rules 17a-S, 17a-12,** and **lSa-7** under **the Securities Exchange Act of 1934** FILING FOR THE PERIOD BEGINNING **07/01 /24** MM/DD/YY AND ENDING **06/30/25** MM/DD/YY **A. REGISTRANT IDENTIFICATION** # NAME oF FIRM: Frontegra Strategies, LLC TYPE OF REGISTRANT (check all applicable boxes): C!l Broker-dealer □ Security-based swap dealer □ Major security-based swap participant 0 Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) # 999 Oakmont Plaza Drive, Suite 227 | Westmont
(City) | | IL | | | | |------------------------------------------------------------------|--------------|------------------------------------------------------------|---------|---------------------------------|--| | | | | | 60559 | | | | (State) | | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Charles S Thompson 11 | 219-670-7279 | | | cthompson@frontier-partners.com | | | (Name) | | (Area Code -Telephone Number) | | (Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | Plante & Moran, PLLC | | | | | | | | | (Name - if individual, state last, first, and middle name) | | | | | 10 South Riverside Plaza, 9th Floor | | Chicago | IL | 60606 | | | (Address) | | (City) | (State) | (Zip Code) | | | | | | 166 | | | | | | | | | | | l"
October 20, 2003
of Reg;waUoo w;th PCAOB){;f applkableJ | | | | | | • 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-S(e)(l)(ii), if applicable. Persons who are to respond to the collection of information cont ained in this form are not required to respond unless the form displays a currently valid 0MB control number. {1}------------------------------------------------ #### **OATH OR AFFIRMATION** | I, Charles s Thompson 11 | swear (or affirm) that, to the best of my knowledge and belief, the | | |----------------------------------------------------------------------|-----------------------------------------------------------------------------------|-------| | financial report pertaining to the firm of Frontegra Strategies, LLC | | as of | | 6/30
2~ | 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. #### **This filing\*\* contains (check all applicable boxes):** - ii (a) Statement of financial condition. - D (b) Notes to consolidated statement of financial condition. - iii (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). - iii (d) Statement of cash flows. - Iii (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - D (f) Statement of changes in liabilities subordinated to claims of creditors. - iii (g) Notes to consolidated financial statements. - iii (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. - Iii (j) Computation for determination of customer reserve requirements pursuant to l::.xhibit A to 1 / CI--H 240.1~c3-3. - □ (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. - 0 (I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. - iii (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - D (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. - 0 (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. - D (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - iii (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. - D (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - iii (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (t) Independent public accountant's report based on an examination of the statement of financial condition. - iii (u) Independent public accountant's report based on an examination of the financial report or fin;rncial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - D (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. - iii (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. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - D (y) Report describing any material inadequacies found to exist or 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)(3) or 17 CFR 240.18a-7(d)(2), as applicable. {2}------------------------------------------------ #### **JU RAT WITH AFFIANT STATEMENT** 2 4 6 ! \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ Signature of Document Signer No. 1 **DEBORAH** S REAGOR Notary Public - Seal L~ Porte County - State of Indiana Commission Number NP0673786 **My** Commission Expires Oct **4,** 2031 Place Notary Seal/Stamp Above Signature of Document Signer No. 2 (if any) Subscribed and sworn to (or affirmed) before me this (}!i*1* ~ ay of **R t]** , ~ by Date M Year **&tCll'lt17 7h??mp~n 1** Name of Signer No. 1 Any Other Required Information (Residence, Expiration Date, etc.) ~--------------- **OPTIONAL** ------------------. This section is required for notariz ions performed in *A(* ona but is optional in other states. Completing this information can deter alteration of the do mentor fraud ent reattachment of this form to an unintended document. **Description of Attached Document** Signer(s) Other Than Named Above: ,\_\_ \_\_\_\_\_\_ ,..\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ ©2019 National Notary Association {3}------------------------------------------------ # **Frontegra Strategies, LLC** **Financial Report with Supplemental Information Year Ended June 30, 2025** {4}------------------------------------------------ ### **Contents** | Report Letter | 1 | | | | | | |--------------------------------------------------------|-----|--|--|--|--|--| | Financial Statements | | | | | | | | Statement
of
Financial
Condition | 2 | | | | | | | Statement
of
Income
and
Member's
Equity | 3 | | | | | | | Statement
of
Cash
Flows | 4 | | | | | | | Notes
to
Financial
Statements | 5-9 | | | | | | | Supplemental Information | 10 | | | | | | | Schedule
I | 11 | | | | | | | Schedules
II
and
III | 12 | | | | | | {5}------------------------------------------------ ![](_page_5_Picture_0.jpeg) #### **Report of Independent Registered Public Accounting Firm** To the Member Frontegra Strategies, LLC #### *Opinion on the Financial Statements* We have audited the accompanying statement of financial condition of Frontegra Strategies, LLC (the "Company") as of June 30, 2025, the related statements of income and member's equity and cash flows for the year then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of June 30, 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 the Company's management. Our responsibility is to express an opinion on the Company'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 the Company in accordance with 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. #### *Supplemental Information* The supplemental information has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental information is the responsibility of the Company'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 supplemental information. 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 supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as Frontegra Strategies, LLC's auditor since 2006. Chicago, Illinois August 26, 2025 ![](_page_5_Picture_13.jpeg) {6}------------------------------------------------ | | Statement
of
Financial
Condition
June
30,
2025 | |---------------------------------------------------------------------------------------------|------------------------------------------------------------------| | Current
Assets
Cash
Customer
receivables
Prepaid expenses
Due from member | \$
61,568
26,055
15,467
2,953 | | Total
Assets | \$
106,043 | | Liabilities
and
Member's
Equity
Accrued
expenses | \$
20,174 | | Total
Liabilities | 20,174 | | Member's Equity | 85,869 | | Total
Liabilities
&
Member's
Equity | \$
106,043 | {7}------------------------------------------------ ### **Statement of Income and Member's Equity Year Ended June 30, 2025** | -
Fees
Revenue | \$
207,524 | |----------------------------------------------------|---------------| | Expenses
Professional
fees | 132,580 | | Insurance | 1,894 | | State
registration
and
filing
fees | 33,303 | | Office | 17,609 | | Salaries
and
payroll
taxes | 49,660 | | Total
expenses | 235,046 | | Net
Loss | (27,522) | | -
Beginning
of
year
Member's
Equity | 213,391 | | Member
Distribution | (100,000) | | -
End
of
year
Member's
Equity | \$
85,869 | {8}------------------------------------------------ # **Frontegra Strategies, LLC** ### **Statement of Cash Flows Year Ended June 30, 2025** | Cash
Flows
from
Operating
Activities | | |---------------------------------------------------------------|----------------| | Net
loss | \$
(27,522) | | Adjustments to reconcile net loss to net cash provided by | | | operating activities: | | | Change
in: | | | Customer
receivables | 90,163 | | Prepaid
expenses | 1,975 | | Accrued
expenses | 2,103 | | Net
cash
provided
by
operating
activities | 66,719 | | Cash
Flows
from
Financing
Activities | | | Due
to/from
member | (8,769) | | Member
distribution | (100,000) | | Net
cash
flows
used
in
financing
activities | (108,769) | | Net
Decrease
in
Cash | (42,050) | | -
Beginning
of
year
Cash | 103,618 | | -
End
of
year
Cash | \$
61,568 | {9}------------------------------------------------ **Notes to Financial Statements June 30, 2025** **Note 1 - Industry Operations** Frontegra Strategies, LLC (the "Company") was formed on March 15, 2005 as a Delaware limited liability company. The Company is wholly owned by Frontier North America Holdings, Inc. ("Frontier"). The Company is a registered securities broker-dealer engaged in the business of selling mutual funds and promoting interests in limited partnerships, limited liability companies, and other similar private equity products. The Company also acts as the principal distributor of mutual fund shares. The Company does not claim an exemption from SEC Rule 15c3-3 in reliance upon Footnote 74 of SEC Release No. 34- 70073 and as discussed in Question 8 of the related FAQ released by SEC staff. The Company is engaged in a single line of business as a securities broker-dealer, which is primarily comprised of selling mutual funds and interests in private investment vehicles. 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 4), 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. The company derived 100 percent of its total revenues from a single external customer in 2025. {10}------------------------------------------------ **Notes to Financial Statements June 30, 2025** **Note 2 - Summary of Significant Accounting Policies (continued)** Revenue Recognition – Revenue from contracts with customers includes success-based transaction fees. The Company recognizes revenue when it earns fees on assets raised for investment in mutual funds, limited partnerships, limited liability companies and other similar private equity products. These fees are primarily earned over time and are generally assessed based on a percentage of the average market value of raised assets under management during the period. Income Taxes – As a single member LLC, the Company is a disregarded entity for federal income tax purposes. Consequently, federal income taxes are not payable by, or provided for, the Company. The Company's earnings are included on the member's tax return. Accordingly, the financial statements do not reflect a provision for income taxes. Management Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Subsequent Events - The Company has evaluated subsequent events through August 26, 2025, the date the financial statements are issued. {11}------------------------------------------------ **Notes to Financial Statements June 30, 2025** ### **Note 3 – Related Party Transactions** The Company has an expense sharing agreement with an affiliated company, Frontier Partners, Inc. ("FP"), which is also owned by Frontier. The affiliated company provides the Company with administrative staff, office space and related operating expenses. The Company does not reimburse all of the affiliated expenses included in the expense sharing agreement. Financial position and results of operations would differ from the amounts in the accompanying financial statements if these related party transactions did not exist. Amounts due from FP totaled \$2,953 as of June 30, 2025. ### **Note 4 - Uniform Net Capital Rule** The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (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. The rule also provides that equity capital may not be withdrawn if the resulting capital ratio would exceed 10 to 1. As of June 30, 2025, the Company had net capital of \$41,394, of which \$36,394 was in excess of its required net capital. The Company's ratio of aggregate indebtedness to net capital was 0.49 to 1. {12}------------------------------------------------ **Notes to Financial Statements June 30, 2025** #### **Note 5 - Major Customer** In the year ending June 30, 2025, revenues from one customer amounted to 100 percent of the Company's fee revenue. The receivable balance for this customer was \$26,055 as of June 30, 2025. #### **Note 6** – **Commitments and Contingencies** Frontegra Strategies had no commitments, contingencies or guarantees that might result in a loss or a future obligation as of June 30, 2025. There were no claims of which the Company was aware as of the audit opinion date that might be asserted against it. {13}------------------------------------------------ **Supplemental Information** {14}------------------------------------------------ # **Frontegra Strategies, LLC** | Supplemental
Schedule
I
–
Computation | of
Net
June | Capital
30,
2025 | |------------------------------------------------------------------------|-------------------|------------------------| | Total
member's
equity | \$ | 85,869 | | Deductions
and/or
Charges
Nonallowable
assets/liabilities: | | | | Accounts
receivable | | 26,055 | | Prepaid
expenses
and due from member | | 18,420 | | Net
capital | | 41,394 | | Net
Capital
Requirement | | 5,000 | | Excess
net
capital | | 36,394 | | Aggregate
Indebtedness | \$ | 20,174 | | Ratio
of
Aggregate
Indebtedness
to
Net
Capital | | 0.49
to
1 | There are no material differences between the above computation and the Company's corresponding unaudited Form X-17A-5 as of June 30, 2025. The Company has no liabilities subordinated to the claims of general creditors, therefore a statement of changes in liabilities subordinated to the claims of general creditors is not presented. {15}------------------------------------------------ **Supplemental Schedules II & III June 30, 2025** ### Schedule II ## Computation for Determination of Reserve Requirements under Rule 15c3-3 of the Securities Exchange Commission The Company does not claim an exemption from Rule 15c3-3 in reliance upon footnote 74 of SEC Release No. 34-70073 dated July 30, 2013, and as discussed in Question 8 of the related FAQ released by SEC staff. The Company does not hold customer funds or securities. ### Schedule III # Information Relating to the Possession or Control Requirements under Rule 15c3-3 of the Securities Exchange Commission The Company does not claim an exemption from Rule 15c3-3 in reliance upon footnote 74 of SEC Release No. 34-70073 dated July 30, 2013, and as discussed in Question 8 of the related FAQ released by SEC staff. The Company does not hold customer funds or securities. {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) #### **Report of Independent Registered Public Accounting Firm** To the Member Frontegra Strategies, LLC We have reviewed management's statements, included in the accompanying Exemption Report, in which Frontegra Strategies, LLC (the "Company") stated that: - (1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. §240.15c3-3. - (2) The Company is 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) mutual fund underwriter or sponsor and (2) promoting interests in limited partnerships, limited liability companies, and other similar private equity products. The Company (1) 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); (2) 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 ended June 30, 2025 without exception. Management is responsible for compliance with 17 C.F. R. §240.15c3-3 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 the Company's compliance with 17 C.F.R. §240.15c3-3. 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, pursuant to Footnote 74 of SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5. Chicago, Illinois August 26, 2025 ![](_page_16_Picture_12.jpeg) {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) **FRONTEGRA STRATEGIES, LLC** ### EXEMPTION REPORT YEAR ENDED June 30, 2025 Frontegra Strategies, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 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 does 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 activities exclusively to (1) mutual fund underwriter or sponsor; and (2) promoting interests in limited partnerships, limited liability companies and other similar private equity products, and the Company (1) 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; (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c303) throughout the most recent fiscal year without exception. Frontegra Strategies, LLC I, Charles S Thompson II, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. By: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Charles S Thompson II Date: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ 8/26/2025 **Frontegra Strategies, LLC** 999 Oakmont Drive, Suite 600, Westmont, IL 60559 *phone* 847-509-9860 *fax* 847-509-9845 - www.frontierpartners.com Our investment professionals are registered representatives with Frontegra Strategies, LLC, a registered securities broker-dealer and a member of FINRA and SIPC. Any investment product offered by Frontegra Strategies, LLC is: Not FDIC | Insured Not Bank Guaranteed | May Lose Value Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.