# SHORELINEAMBROSE ADVISORS, LLC X-17A-5 (2026-03-02) — Broker-dealer annual report - Company: SHORELINEAMBROSE ADVISORS, LLC - Form: X-17A-5 - Filed: 2026-03-02 - Period: 2025-12-31 - Accession: 0001365596-26-000003 - CIK: 1365596 - File #: 8-67357 - Type: Broker-dealer - Material weakness: No - Auditor: Anson, Brian, W - Auditor location: TARZANA, CA - Contact: Steve Thornton - Phone: (626) 356-0200 - Signed by: Steven Thornton (Financial and Operations Principal) Original filing: https://www.sec.gov/Archives/edgar/data/1365596/000136559626000003/2025ShorelineCertAudit.pdf --- {0}------------------------------------------------ **UNITED STATES SECURITIES ANO EXCHANGE COMMISSION Washington, D.C. 20549** **0MB Number: OMB,APl'RDVAl,. \_\_ 3235-0123 &pires; Nov. 30, 2026** Eslilnilted IIWnlll§e burden **hours per response: 12** # **ANNUAL REPORTS FORM X-17 A-5 PART Ill** **SEC FILE NUMBER** 8-67357 | Information Required Pursuant to Rules 17a-5, 17a-12, and llla-71N1der the Securhles Exchange Act of 1934 | FACING PAGE | | | | | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|-----------------------------------------|--------------------------------------------|--|--| | FILING FOR THE PERIOO BEGINNING 01/0_1_/2_ | _5 | | ___ AND ENDING_12/31/25 __ _ | | | | | MM/DD/YY | | MM/OO/YV | | | | | A. REGISTRANT IDENTIFICATION | | | | | | NAME oF FIRM:_ShorelineAmbrose Advisors, LLC | | | | | | | TYPE OF REGISTRANT {check all applicable boxes):
l!l Broker-dealer
D Check here if respondent � also an OTC derivatives dealer | D Security-based swap dealer | 0 Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | | 6310 Greenwich Drive, Suite 120 | | | | | | | | (No. and Streett | | | | | | San Diego | CA | | 92122 | | | | (City) | (State) | | (Zip Code) | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Timothy G. Malott | 619-540-8600 | | tmalott@shoreli ne. com | | | | (Name) | {Area Code-Telephone Number! | I Email Address) | | | | | | 8. ACCOUNTANT IDENTIFICATION | | | | | | INDEPENDENT PUBLIC ACCOUNT ANT whose reports are contained in this filing•
Brian W. Anson, CPA | | | | | | | | (Name -if individual, state last, first. and middle name) | | | | | | 18455 Burbank Blvd. Suite 406 Tarzana | | CA | 91356 | | | | (Address)
09/15/2005 | (City) | (State)
2370 | (Zip Code) | | | | (Date of Registration with P<:AOB)(if applicable} | | | (PCAOB Registration Number, if applicable! | | | | • aaims for exemption from the requirement that tile annual reports be covered by 1he repors of an independent public
accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemplion. See 17 | FOR OFFICIAL USE ONLY | | | | | **CFR 240.17a-S{e){l)(ii), if applicable.** **Penons who ■fl! to respond to the collectir>n of Information contained In tha form ere not,raqulred to respond unlelc the form displays a currently wlid 0MB control number.** {1}------------------------------------------------ # **OATH OR AFFIRMATION** **I, n rott ,�. Ma 10 n swear (or affirm) that, to the best of my knowledge and belief, the** **financial report pertaining to the firm of ShOfelineAmbrose Advisors, LLC \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_, as of** December 31 **2 025 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 aceount classified solely as that of a customer.** **Sl,n� Trtle:** **President & CEO** **This filing•• contains (check all applicable boxes):** - Ii **(a) Statement of financial condition.** - **0 (b) Notes to consolidated statement of financial condition.** - ii **(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).** - ii **(d) Statement of cash flows.** - ii **(e) Statement of changes in stockholders' or partners' or sole proprietor's equity.** - **O (f} Statement of changes in liabilities subordinated to claims of creditors.** - **8 (g) Notes to consolidated financial statements.** - ii **(h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR ]40.18a-1, as applicable.** - **0 (i ) Computation of tangible net wo11h under 17 CFR 240.18a-2.** - **0 ( j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.** - **0 (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 140.18a-4, as applicable.** - **0 (I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3.** - Ii **(m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.** - **0 (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.** - ii **(o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.1Sc3-1, 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.** - **0 (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.** - Iii **(q) Oath or affim1ation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.** - **0 (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 240.183-7, as applicable.** - D **(t ) Independent public accountant's report based on an e,camination of the statement of financial condition.** - ii **(u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.** - **0**M **Independent public accountant's .-eport based on an examination of certain statements in the compliance report under 17 CFR 240.17a-S or 17 CFR 240.18a-7, as applicable.** - ii **(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.** - **0 (x) Supplemental reports on applyin2 agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable.** - **D (y) Report describina 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).** - **0 (z)Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_** - *0To request confidential treatment of certain portions of this fifing, see 17 CFR :Z40.17a-5(e){3) or 17 CFR 240.180-l(d)(:Z), as applicable.* {2}------------------------------------------------ **Financial Statements and Supplemental Schedules Required by the U.S. Securities and Exchange Commission** {3}------------------------------------------------ # Contents | Report of Independent Registered Public Accounting Firm 3 | | |-------------------------------------------------------------------------------|----| | Financial Statements 4 | | | Statement of Financial Condition 5 | | | Statement of Income 6 | | | Statement of Cash Flows 7 | | | Statement of Changes in Members' Equity 8 | | | Notes to Financial Statements 9 | | | Supplementary Information Pursuant to SEA Rule 17a-5 | 13 | | Supplementary Computations | 14 | | Schedule I - Computation of Net Capital | 14 | | Schedule II - Computation for Determination of Reserve Requirements | 15 | | Schedule Ill - Information Relating to Possession or Control Requirements 15 | | | Supplementary Exemption Report Pursuant to SEA Rule 17a-5 16 | | | Report of Independent Registered Public Accounting Firm 17 | | | Exemption Letter Pursuant to SEA Rule 17a-5(d)(l)(i)(B)(2) 18 | | {4}------------------------------------------------ # **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Members' and Board of Managers of ShorelineAmbrose Advisors, LLC # **Opinion on the Financial Statements** I have audited the accompanying statement of financial condition of ShorelineAmbrose Advisors, LLC as of December 31, 2025, the related statements of income, changes in members' equity, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In my opinion, the financial statements present fairly, in all material respects, the financial position of ShorelineAmbrose Advisors, LLC as of December 31, 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 ShorelineAmbrose Advisors, LLC 's management. My responsibility is to express an opinion on ShorelineAmbrose Advisors, LLC 's financial statements based on my audit. I am a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and am required to be independent with respect to ShorelineAmbrose Advisors, 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. I conducted my audit in accordance with the standards of the PCAOB. Those standards require that I 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. My 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. My 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. I believe that my audit provides a reasonable basis for my opinion. ### **Auditor's Report on Supplemental Information** The information contained in Schedule I, II, and III ("Supplemental Information") has been subjected to audit procedures performed in conjunction with the audit of the ShorelineAmbrose Advisors, LLC's financial statements. The Supplemental Information is the responsibility of the ShorelineAmbrose Advisors, LLC's management. My 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 my opinion on the Supplemental Information, I evaluated whether the Supplemental Information, including its form and content is presented in conformity with 17 C.F .R. § 240. I 7a-5. In my opinion, Schedules I, II, and III are fairly stated, in all material respects, in relation to the financial statements taken as a whole. rian W. Anson Certified Public Accountant I have served as ShorelineAmbrose Advisors, LLC 's auditor since 2019. Tarzana, California **February 20, 2026** {5}------------------------------------------------ **Financial Statements** {6}------------------------------------------------ #### **Statement of Financial Condition** #### **As of December 31, 2025** | Assets | | |------------------------------------------|-----------------------| | Cash | \$
165,887 | | Total assets | \$
165,887 | | Liabilities and Members' Equity | | | Liabilities | | | Accounts payable
Income taxes payable | \$
28,776
5,790 | | Total liabilities | 34,566 | | Members' equity | | | Members' equity | 131,321 | | Total members' equity | 131,321 | | Total liabilities and members' equity | \$
165,887 | **The accompanying notes are an integral part of these financial statements.** {7}------------------------------------------------ #### **Statement of Income** #### **For the Year Ended December 31, 2025** | Revenue | | |----------------------|---------------| | Fees earned | \$ 5,871,772 | | Total revenue | 5,871,772 | | Expenses | | | Bank Service Charges | 955 | | Bookkeeping | 2,400 | | Compliance | 12,000 | | Engagement Services | 4,552,770 | | Insurance | 1,072 | | Licenses & Fees | 2,375 | | Office Supplies | 550 | | Professional Fees | 23,390 | | Referral Fees | 1,063,360 | | Regulatory Expense | 17,656 | | Rent | 2,400 | | State Taxes | 12,590 | | Telephone and Fax | 1,200 | | Total expenses | 5,692,718 | | Net income | \$
179,054 | **The accompanying notes are an integral part of these financial statements.** {8}------------------------------------------------ #### **Statement of Cash Flows** | | Cash flow from operating activities | | | |------------|--------------------------------------------------------------------------------------|-------------|---------------| | Net income | | | \$
179,054 | | | Adjustments to reconcile net income to net cash
provided by operating activities: | | | | | (Increase) Decrease in assets: | | | | | Prepaid expenses | \$
2,375 | | | | (Decrease) Increase in liabilities: | | | | | Accounts payable and accrued expenses | 20,987 | | | | Due to related party | {1,500) | | | | Income taxes payable | {1,010) | | | | Total adjustments | | 20,852 | | | Net cash provided by operating activities | | 199,906 | | | Cash flow from financing activities | | | | | Distributions to Members | | {100,000) | | | Net increase in cash | | 99,906 | | | Cash at beginning of year | | 65,981 | | | Cash at end of year | | \$
165,887 | | | | | | | | Cash paid during the period for: | | | | Interest expense | \$ | |------------------|-------------| | Income taxes | \$
6,000 | {9}------------------------------------------------ #### **Statement of Changes in Members' Equity** #### **As of and for the Year Ended December 31, 2025** | | Member's | | |------------------------------|----------|-----------| | Balance at January 1, 2025 | \$ | 52,267 | | Distributions to Members | | (100,000) | | Net Income | | 179,054 | | Balance at December 31, 2025 | \$ | 131,321 | {10}------------------------------------------------ # **Notes to Financial Statements** # **As of and for the Year Ended December 31, 2025** # **NOTE 1. NATURE OF OPERATIONS** **ShorelineAmbrose Advisors, LLC, (the "Company") is a California Limited Liability Company ("LLC") registered as a broker/dealer in securities under the Securities Exchange Act of 1934, as amended. The Company was organized on April 3, 2006. In May 2016, the Company changed its name to ShorelineAmbrose Advisors, LLC. The Company is a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection Corporation {"SIPC"). The Company is an LLC, and due to the nature of an LLC, its members have limited liability.** **The Company is a corporate finance advisory firm, providing a range of merger and acquisition ("M&A") solutions for the business market. It does not carry security accounts for customers and does not perform custodial functions relating to customer securities.** **The Company is wholly-owned by Shoreline Partners, LLC, and Ambrose Capital Partners, LLC, (the "Parents"). Shoreline Partners, LLC, entered into an agreement on April 29, 2016, with Ambrose Capital Partners, LLC, whereby each owns 50% of ShorelineAmbrose Advisors, LLC.** # **NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** # **Basis of Accounting** **The financial statements of the Company have been prepared in conformity with accounting principles generally accepted in the United States of America ("US GAAP") and in the format prescribed by Rule 15a-5 under the Securities Exchange Act of 1934 for broker/dealers in securities.** # **Use of Estimates** **The preparation of the financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect amounts and disclosures in the financial statements. Actual results could differ from those estimates.** #### **Concentration of Credit Risk** **The Company maintains its bank accounts at financial institutions located in California, the balances of which, at times, may exceed federally insured limits. The Company has not experienced any losses in such cash accounts and management believes it places its cash on deposit with financial institutions which are financially stable. Eight clients paid the Company 70% of total fee income for the year ended December 31, 2025.** {11}------------------------------------------------ #### **Income Taxes** **The members are required to report any gains, losses, credits or deductions on the members' individual tax returns. Generally, the Company is subject to income tax examinations by major taxing authorities covered by these financial statements. If such examination results in a change in the Company's income tax status, a provision for income taxes may need to be recorded. The Company is subject to a California limited liability company annual tax and fees of \$12,590.** ### **Segment Reporting** **The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of several classes of services, including M&A and ESOP advisory services. The Company has identified its President/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, 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 from 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.** # **NOTE 3. ASC 606 REVENUE RECOGNITION** ### **A. Significant accounting policy** **Revenue is measured based on a consideration specified in a contract with a customer and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer.** **Taxes and regulatory fees assessed by a government authority or agency that are both imposed on and concurrent with a specified revenue-producing transaction, that are collected by the Company from a customer, are excluded from revenue.** #### **B. Nature of services** **The following is a description of activities - separated by reportable segments, per FINRA Form "Supplemental Statement of Income (SSOI)," from which the Company generates its revenue. For more detailed information about reportable segments, see below.** **Engagement income: This includes fees earned from M&A and ESOP advisory services.** **C. Contract Balances and transaction price allocated to remaining performance obligations.** **Due to the nature of the Company's business, changes in client receivables due to revenue recognized from performance obligations is immaterial.** {12}------------------------------------------------ #### **NOTE 4. FAIR VALUE** **FASB ASC 820 defines fair value, establishes a framework for measuring fair value, and establishes a fair value hierarchy which prioritized the inputs to valuation techniques. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques that are consistent with the market, income or cost approach, as specified by FASB ASC 820 are used to measure fair value.** **The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels:** **Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities the Company has the ability to access.** **Level 2 inputs are inputs (other than quoted prices included within Level 1) that are observable for the asset or liability, either directly or indirectly.** **Level 3 are unobservable inputs for the asset or liability and rely on management's own assumptions about the assumptions that market participants would use in pricing the asset or liability. (The unobservable inputs should be developed based on the best information available in the circumstances and may include the Company's own data).** **There were no levels to measure at December 31, 2025.** # **NOTE 5. CONTINGENCIES** #### **Litigation** **The Company is not involved in any material claims or litigation. Management does not believe there are claims that would have a material effect on the financial statements of the Company.** #### **NOTE 6. RELATED PARTY TRANSACTIONS** **The Company has a month-to-month cost sharing agreement with its Parents whereby the Company pays the Parents for use of office space and general office services. During the year ended December 31, 2025, the Company incurred \$18,000 of expenses which are included in various expense accounts in the statement of operations.** **The Company pays its Parents for engagement services. During the year ended December 31, 2025, the Company incurred \$4,552,770 of expenses for engagement services provided by its Parents; this amount is included in engagement services in the statement of income.** # **NOTE 7. SUBSEQUENT EVENTS** **The Company has evaluated events subsequent to the balance sheet date for items requiring recording or disclosure in the financial statements. The evaluation was performed through February 20, 2026, which is the date the financial statements were available to be issued.** #### **NOTE 8. NET CAPITAL** **The Company is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance** {13}------------------------------------------------ **of both minimum net capital and maximum ratio of aggregate indebtedness to net capital . Minimum net capital is the greater of \$5,000 or 6 2/3 percent of aggregate indebtedness which is \$2,305. On December 31, 2025, the Company had net capital of \$131,321, which was \$126,321 in excess of the minimum net capital requirement of \$5,000, and the Company's ratio of aggregate indebtedness of \$34,566 to net capital was 26.3%, which is less than the maximum ratio requirement of 1500 percent.** {14}------------------------------------------------ **Supplementary Information Pursuant to SEA Rule 17a-5** {15}------------------------------------------------ #### **Supplementary Computations Pursuant to SEA Rule 17a-5 Of the Securities and Exchange Act of 1934** **As of and for the Year Ended December 31, 2025** #### **Schedule I - Computation of Net Capital** | Total Stockholder's Equity | \$
1 31 ,321 | |-----------------------------------------------------------------------------|-----------------| | Non-Allowable Assets | | | None | \$ | | Net Allowable Capital | \$
1 31 ,321 | | Computation of Net Capital Requirement | | | Minimum Net Capital Required as a Percentage of Aggregate Indebtedness | \$
2,306 | | Minimum Dollar Net Capital Requirement of Reporting Broker/Dealer | \$
5,000 | | Net Capital Requirement | \$
5,000 | | Excess Net Capital | \$
1 26,321 | | Computation of Aggregate Indebtedness | | | Total Aggregate Indebtedness | \$
34,566 | | Percentage of Aggregate Indebtedness to Net Capital | 26.32% | | Computation of Reconciliation of Net Capital | | | Net Capital Computed and Reported on FOCUS IIA as of:
December 31 , 2025 | \$
1 31 ,321 | | Adustments | | | Increase (Decrease) in Equity (Company to file amended FOCUS I IA) | | | (Increase) Decrease in Non-Allowable Assets | | | (Increase) Decrease in Securities Haircuts | | | (Increase) Decrease in Undue Concentration Charges | | | Net Capital per Audit | \$
1 31 ,321 | | Reconci led Difference | \$ | **There is no material difference between the net capital stated above and the December 31, 2025,** {16}------------------------------------------------ **FOCUS report.** # **Schedule II - Computation for Determination of Reserve Requirements Under Rule 15c3-3(e)** **The Company has no reserve deposit obligations under SEC 15c3-3(e) because it is a "non-covered" firm pursuant to footnote 74 to SEC Release 34-70073 and therefore is not subject to the Rule for the twelve months ended December 31, 2025.** # **Schedule Ill - Information Relating to the Possession or Control Requirements under Rule 15c3-3(b)** **The Company has no possession or control obligations under SEC 15c3-3(b) because it is a "non-covered" firm pursuant to footnote 74 to SEC Release 34-70073 and therefore is not subject to the Rule for the twelve months ended December 31, 2025.** {17}------------------------------------------------ **Supplementary Exemption Report Pursuant to SEA Rule 17a-5** **As of and for the Year-Ended December 31, 2025** {18}------------------------------------------------ # **BJUANW .. ANSON** **CutlfkdP #hllc�** *IU§§* **htllltMk S,.,d..,, � ••** Tarzana,, CA 91356 • Tel **(811) �S(i(iO** #### **a,oar ACCOUNTING OF INDEPENDENT J1RM REGISTDlED PUBLIC** # **Board of Managers SborelineAmbrose Advisors LLC** **San Diego, California** **I have reviewed management's statements, included in the accompanying SEC Rule 15c3-3 Exemption Report in which ShorelineAmbrose Advisors LLC , stated that ShorelineAmbrose Advisors LLC 's, business activities are limited to mergers and acquisitions advisory servi� customers; and that it has not held customer funds or securities; and did not carry accounts of or for and did not carry broker-dealer-proprietary accounts as defined in Exchange Act rule IScJ-3, and that ShorelineAmbrose Advisors LLC is classified as "non-covered" pursuant to footnote 74 to SEC Release 34-70073, dated July 30, 2013, and as discussed in Q & A 8 of the related FAQ issued by SEC staff on July 1, 2020. ShorelineAmbrose Advisors LLC, also stated that it had maintained compliance with the above declaration throughout the most recent year ended December 31, 2025, without exception. ShorelineAmbrose Advisors LLC 's management is responsible for compliance and is not subject to the provisions set forth in Rule 1 5c3-3 under the Securities and Exchange Act of 1934 and its statements.** **My 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 ShorelineAmbrose Advisors LLC 's declaration concerning the provisions set forth in Rule l 5c3-3 under the Securities Exchange Act of 1934. 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, I do not express such an opinion.** **Dued on my review, I am not aware of any material modifications that should be made to mtmqffllfflt�s statements refened to above for them to be fairly stated, in all material respects, based on the provisions set forth in Footnote 74 to SEC Release 34-70073.** **rian W. Anson � Certified Public Accountant California Februmy 20,, 2026** {19}------------------------------------------------ **ShorelideAmtirose Advisors ll.-C SullJlementary Sdfetlules Pursuant to & Rule 11a-5 GJ fbe secuiitfs abd Exc:lfanp Aiff ol 1931 B if aiKI mr tfie ¥ear-Ended December 31, 2025 Ex� Ulttil!t Pt,itsuantto SEA Rule IJ•Sfa)(l)fiJ(B)III.** # **Sborelindfflbrose �. 11.C 6310 Greenwlc:b llffiie, suite 120 San Diego, CA 92122** *I, as a member of the management of ShorelineAmbrose Advisors, LLC (the "Company"), am responsible for compliance with the annual reporting requirements under Rule l 7a-5 of the Securities Exchange Act of 1 934. Those requirements compel a broker or dealer to file annual reports with the SEC and the broker's or dealer's designated examining authority. One of the reports to be included in the annual filing is an exemption report prepared by an independent registered public accounting firm, based upon a review of assertions provided by the broker or dealer. Pursuant to that requirement, the management of the Company hereby makes the following assertions.* *The Company is a "non-covered" firm pursuant to Footnote 74 to SEC Release 34-70073 and is therefore not subject to SEA Rule J 5c3-3 for the most recent year ended December 31, 2025. The Company represents that it has not held customer funds or securities, did not carry accounts of or for customers and did not carry broker-dealer proprietary accounts as defined in Exchange Act rule 1 5c3-3 . The Company limits its business activities to mergers and acquisitions and ESOP advisor*y*services. The Company has maintained compliance with the above throughout the year ended December 31, 2025, without exception.* *ShorelineAmbrose Advisors, LLC* *-Jq{tjw�* *Timothy G. Malott February 20, 2026* Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.