# RISEVEST FINANCIAL SECURITIES LIMITED X-17A-5 (2026-04-16) — Broker-dealer annual report - Company: RISEVEST FINANCIAL SECURITIES LIMITED - Form: X-17A-5 - Filed: 2026-04-16 - Period: 2025-12-31 - Accession: 0001469010-26-000005 - CIK: 1469010 - File #: 8-68336 - Type: Broker-dealer - Material weakness: No - Auditor: Sanville & Company - Auditor location: Huntingdon Valley, PA - Contact: John Creighton - Phone: 6175495873 - Email: johnc@eqnx.com - Website: eqnx.com - Signed by: John Creighton (CFO/FINOP) Original filing: https://www.sec.gov/Archives/edgar/data/1469010/000146901026000005/risevestfinancialpublic.pdf --- {0}------------------------------------------------ #### **FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION** **Year Ended December 31, 2025** **PUBLIC** {1}------------------------------------------------ #### **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 > SEC FILE NUMBER 8-68336 # **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 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ AND ENDING \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ 01/01/2025 12/31/2025 MM/DD/YY MM/DD/YY **A. REGISTRANT IDENTIFICATION** #### NAME OF FIRM: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Risevest Financial Securities Limited TYPE OF REGISTRANT (check all applicable boxes): ☐ Broker-dealer ☐ Security-based swap dealer ☐ Major security-based swap participant ☐ Check here if respondent is also an OTC derivatives dealer ■ ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) #### \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ 100 Church Street, Suite 804 | | (No. and Street) | | | | | |--------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------|--------------------------------------------|--|--| | New York | NY
_____________________________________________________________________________________ | | 10007 | | | | (City) | (State) | | (Zip Code) | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | John Creighton | 617.549.5873
_____________________________________________________________________________________ | Johnc@eqnx.com | | | | | (Name) | (Area Code – Telephone Number) | (Email Address) | | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | Sanville & Company, LLC | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
_____________________________________________________________________________________ | | | | | | | (Name – if individual, state last, first, and middle name) | | | | | | 2617 Huntingdon Pike | Huntingdon Valley
_____________________________________________________________________________________ | PA | 19006 | | | | (Address) | (City) | (State) | (Zip Code) | | | | 09/18/2003 | #169
_____________________________________________________________________________________ | | | | | | (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 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-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.** {2}------------------------------------------------ | | John Creighton | | |--|----------------|--| | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - {3}------------------------------------------------ # **TABLE OF CONTENTS** | | Page No. | |---------------------------------------------------------|----------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | | FINANCIAL STATEMENTS | | | Statement of Financial Condition | 2 | | Notes to Financial Statements | 3-4 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Partner and Those Charged With Governance of Risevest Financial Securities Ltd #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of Risevest Financial Securities Ltd (the "Company") as of December 31, 2025, and the related notes (collectively referred to as the financial statement). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of the Company as of December 31, 2025 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company'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 the Company 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. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. 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 statement. 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 statement. We believe that our audit provides a reasonable basis for our opinion. We have served as the Company's auditor since 2025. Huntingdon Valley, Pennsylvania March 18, 2026 {5}------------------------------------------------ # **STATEMENT OF FINANCIAL CONDITION December 31, 2025** #### **ASSETS** | Cash | \$ | 80,682 | |---------------------------------------|----|--------| | Prepaid expenses | | 4,666 | | Other expenses | | 677 | | | \$ | 86,025 | | LIABILITIES AND MEMBER'S EQUITY | | | | Accounts payable and accrued expenses | \$ | 16,911 | | Member's equity | | 69,114 | | | \$ | 86,025 | {6}------------------------------------------------ ### **NOTES TO FINANCIAL STATEMENTS December 31, 2025** Note 1 ### **THE COMPANY AND IT'S SIGNIFICANT ACCOUNTING POLICIES** **The Company.** Risevest Financial Securities Limited (the "Company") is a limited company under the laws of the State of Virginia. The Company is a wholly owned subsidiary of Risevest Technologies Limited. The Company is a registered broker-dealer licensed by the United States Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. The Company is engaged in the private placement of securities. **Accounting Estimates.** The preparation of financial statements in conformity with generally accepted accounting principles required management to make estimates that affect the reported amounts of assets liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. **Concentration of Credit Risk.** The Company maintains cash balances and deposits with financial institutions that exceed federally insured limits. Management performs periodic evaluations of the relative credit standing of these institutions. The Company has not sustained any material credit losses from these instruments, nor have they generated any revenue. Note 2 **Related party transactions.** During fiscal year 2025 the parent paid certain expenses on behalf of the Broker/Dealer during the transition of ownership from Haitou, Inc. to Rise Vest Technologies LTD. The expenses incurred by the parent were primarily charges for the office space (occupancy) and as a result, the parent, Rise Vest Technologies LTD paid on behalf of the Broker/Dealer \$7,911.38. This is an outstanding liability carried by the Broker/Dealer as of fiscal year end 2025. Currently, the Broker/Dealer is responsible for, and directly billed for all incurred expenses attributed to the conduct of business of the Broker/Dealer. **Parent Funding of Operations.** The Company relies on its parent company to fund operating expenses. The parent has represented its intent and ability to continue providing financial support as needed. {7}------------------------------------------------ # **NOTES TO FINANCIAL STATEMENTS (CONTINUED) December 31, 2025** **Segment Reporting.** The Company is engaged in one single line of business, private placement of securities, which is comprised of one class of service. 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, 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 accounting policies. Note 3 # **COMMITMENTS AND CONTINGENCIES** During the fiscal year ended December 31, 2025, the Company paid rent expense of 8,215.61. The Broker/Dealer currently rents space through Regus Office on a month-tomonth basis, and the monthly charge is \$935.00. Note 4 # **NET CAPITAL REQUIREMENTS** Under Rule 15c3-1 of the Securities Exchange Act of 1934, the Company is required to maintain a minimum net capital of \$5,000, or 6 2/3 % of aggregate indebtedness (\$1,127) and a ratio of aggregate indebtedness to net capital not exceeding 15 to 1. The Company's ratio at December 31, 2025 was .2651 to 1. The basic concept of the Rule is liquidity, its object being to require broker-dealer in securities to have at all times sufficient liquid assets to cover its current indebtedness. At December 31, 2025, the Company had net capital of \$63,771 which was \$58,771 in excess of the amount required by the SEC. Note 5 # **SUBSEQUENT EVENTS** The Company evaluated subsequent events through the issuance date of these financial statements and concluded that no additional matters require disclosure.. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.