Full text of BENJAMIN F. EDWARDS & COMPANY, INC.'s X-17A-5 filed 2021-02-26 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # Benjamin F. Edwards & Company, Inc. (A Wholly Owned Subsidiary of Benjamin Edwards, Inc.) (SEC ID: 8-68023) Balance Sheet and Notes to Balance Sheet as of December 31, 2020 and Report of Independent Registered Public Accounting Firm Filed in accordance with Rule 17a-5(e)(3) as a PUBLIC DOCUMENT. {1}------------------------------------------------ # **BENJAMIN F. EDWARDS & COMPANY, INC.** # **TABLE OF CONTENTS** | | Page | |---------------------------------------------------------|------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | | BALANCE SHEET AS OF DECEMBER 31, 2020: | | | Balance Sheet | 2 | | Notes to Balance Sheet | 3-11 | {2}------------------------------------------------ {3}------------------------------------------------ # **BENJAMIN F. EDWARDS & COMPANY, INC.** #### **BALANCE SHEET AS OF DECEMBER 31, 2020** ### **ASSETS** | Cash and cash equivalents | \$ 54,915,367 | |----------------------------------------------------------------------------------------------|-------------------| | Securities owned, at fair value | 141,146 | | Due from clearing firm | 5,158,735 | | Property and equipment — net of accumulated depreciation and amortization of<br>\$14,559,292 | 6,643,260 | | Right of use asset | 21,447,960 | | Transition bonus receivable — net of allowance for doubtful accounts of \$50,000 | 20,279,682 | | Financial advisor transition receivable — net of allowance for doubtful accounts of \$0 | 3,026,227 | | Deferred tax asset | 2,597,000 | | Receivable from affiliates | 709,611 | | Prepaid income taxes | 369,294 | | Other | 8,533,211 | | TOTAL | \lt;br>123,821,493 | # **LIABILITIES AND STOCKHOLDER'S EQUITY** | LIABILITIES: | | |------------------------------------------------------------------|-------------------| | Accounts payable | \lt;br>6,800,436 | | Compensation and benefits payable | 16,083,766 | | Deferred revenue | 306,000 | | Securities sold not yet purchased, at fair value | 107,684 | | Lease liability | 23,522,131 | | Total liabilities | 46,820,017 | | STOCKHOLDER'S EQUITY: | | | Common stock (par value \$1 per share, 30,000 shares authorized, | 100 | | 100 shares issued and outstanding) | | | Paid-in capital | 77,721,682 | | Accumulated deficit | (720,306) | | Total stockholder's equity | 77,001,476 | | TOTAL | \lt;br>123,821,493 | | See notes to balance sheet. | | {4}------------------------------------------------ # **BENJAMIN F. EDWARDS & COMPANY, INC.** **NO…Read the full text as markdown