# EQUILIBRIUM CAPITAL SERVICES, LLC X-17A-5 (2023-02-16) — Broker-dealer annual report - Company: EQUILIBRIUM CAPITAL SERVICES, LLC - Form: X-17A-5 - Filed: 2023-02-16 - Period: 2022-12-31 - Accession: 0001503999-23-000002 - CIK: 1503999 - File #: 8-68722 - Type: Broker-dealer - Material weakness: No - Auditor: Moss Adams LLP - Auditor location: Dallas, TX - Contact: Celeste Moye - Phone: 415-672-0559 - Email: celestecpa@comcast.net - Signed by: William C. Campbell (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1503999/000150399923000002/ECS2022Financials.pdf --- {0}------------------------------------------------ | OMB APPROVAL | | | |---------------------------|--|--| | OMB Number: 3235-0123 | | | | Expires: Oct. 31, 2023 | | | | Estimated average burden | | | | 12
hours per response: | | | | FILING FOR THE PERIOD BEGINNING | 01/01/22
MM/DD/YY | AND ENDING | 12/31/22 | MM/DD/YY | |---------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------|---------------------------------------------------|------------|--------------------------------------------| | | A. REGISTRANT IDENTIFICATION | | | | | Equilibrium Capital Services LLC
NAME OF FIRM: | | | | | | TYPE OF REGISTRANT (check all applicable boxes):
Broker-dealer
Check here if respondent is also an OTC derivatives dealer | [ Security-based swap dealer _ _ _ _ Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | | 411 NW Park Ave, Suite 401 | | | | | | | (No. and Street) | | | | | Portland | | Oregon | 97209 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | Celeste Moye | 415-672-0559 | celestecpa@comcast.net | | | | (Name) | | (Email Address)
(Area Code - Telephone Number) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing *
Moss Adams LLP | | | | | | | (Name - if individual, state last, first, and middle name) | | | | | 14555 Dallas Pkwy, Suite 300 | Dallas | Texas | | 759254 | | (Address) | (City) | | (State) | (Zip Code) | | 10/16/2003 | | | ਵਿੱਚ | | | (Date of Registration with PCAOB)(if applicable) | FOR OFFICIAL USE ONLY | | | (PCAOB Registration Number, if applicable) | {1}------------------------------------------------ #### **øìij¥ij¡¡¢¥òã¢óij** | údµĘdy"ij†×ij†y"ÁŒª''ij
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Exemption Report | 11 | | Equilibrium Capital Services, LLC's Exemption Report | 12 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ## **Report of Independent Registered Public Accounting Firm** ### The Member Equilibrium Capital Services, LLC ### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Equilibrium Capital Services, LLC (the Company) as of December 31, 2022, the related statements of income, changes in 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 December 31, 2022, 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 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 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 to 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. ### *Opinion on the Supplementary Information* The supplementary information in Schedules I and II has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The information in Schedules I and II is the responsibility of the Company's management. Our audit procedures include determining whether the information in Schedules I and II 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 Schedules I and II. In forming our opinion on the information in Schedules I and II, we evaluated whether the information in Schedules I and II, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the information in Schedules I and II is fairly stated in all material respects in relation to the financial statements as a whole. Dallas, Texas February 14, 2023 We have served as the Company's auditor since 2018. {5}------------------------------------------------ #### ASSETS | Cash | \$
1,467,503 | |---------------------------------------|-----------------| | Prepaid expense | 13,688 | | Total assets | \$
1,481,191 | | LIABILITIES AND MEMBER'S EQUITY | | | Liabilities | | | Accounts payable and accrued expenses | \$
3,870 | | Payable to related party, net | 4,755 | | Total liabilities | 8,625 | | Member's equity | 1,472,566 | | Total liabilities and member's equity | \$
1,481,191 | *The accompanying notes are an integral part of these financial statements.* {6}------------------------------------------------ #### REVENUES | Intercompany advisory services | \$
1,560,000 | |------------------------------------|-----------------| | Interest income | 50 | | Total revenues | 1,560,050 | | EXPENSES | | | Employee compensation and benefits | 1,217,163 | | Occupancy | 117,415 | | Professional fees | 67,548 | | Regulatory expenses | 19,728 | | Other operating expenses | 2,511 | | Total expenses | 1,424,365 | | Net income | \$
135,685 | | | | *The accompanying notes are an integral part of these financial statements.* {7}------------------------------------------------ #### Equilibrium Capital Services, LLC Statement of Changes in Member's Equity For the Year Ended December 31, 2022 | | Member's Equity | |------------------------------|-----------------| | Balance at December 31, 2021 | \$
1,336,881 | | Member's distributions | - | | Net income | 135,685 | | Balance at December 31, 2022 | \$
1,472,566 | {8}------------------------------------------------ #### CASH FLOW FROM OPERATING ACTIVITIES | Net income | \$
135,685 | |---------------------------------------------------------|-----------------| | Adjustments to reconcile net income to net cash used in | | | operating activities: | | | (Increase) Decrease in assets: | | | Prepaid expense | 1,251 | | Increase (Decrease) in liabilities: | | | Accounts payable and accrued expenses | (800) | | Payable to related party | (46,951) | | Net cash provided by operating activities | 89,185 | | NET CHANGE IN CASH | 89,185 | | Cash at beginning of year | 1,378,318 | | Cash at end of year | \$
1,467,503 | *The accompanying notes are an integral part of these financial statements.* {9}------------------------------------------------ #### 1. GENERAL AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES #### *Organization* Equilibrium Capital Services, LLC (the "Company") was organized in the State of Oregon on October 1, 2010. The Company is a registered broker-dealer in securities under the Securities and Exchange Act of 1934, a member of the Financial Industry Regulatory Authority ("FINRA"), and a member of the Securities Investor Protection Corporation ("SIPC"). The Company is a wholly-owned subsidiary of Equilibrium Capital Group, LLC (the "Member"). The Company is engaged in business as a securities broker-dealer that provides several classes of services, including private placements, merger and acquisitions advisory services, and broker selling tax shelters or limited partnerships. For the year ended December 31, 2022, the Company's income was derived primarily from advisory services revenue performed in connection with capital raising for the Member and its affiliated funds and vehicles. Under its membership agreement with FINRA and relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, the Company (1) does not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (2) does not and will not carry accounts of or for customers, and (3) does not and will not carry PAB accounts. Other than fixed fee merger and acquisition advisory services provided to the Member, the Company limits its business activities exclusively to effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company. #### *Summary of Significant Accounting Policies* *Presentation* – The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at 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. *Revenue Recognition* – The Company charges fees in accordance with terms stipulated in its engagement contracts. Fees are recognized as earned and per the fee schedule stipulated in the Member's or client's engagement contracts. For the year ended December 31, 2022, the Company's only revenue producing contracts were with its Member – see Note 3. The Company performs services for its customers on an ongoing basis; accordingly the Company satisfies its performance obligations each month and thus recognizes its service fee on a monthly basis. The timing of the Company's revenue recognition may differ from the timing of payment by the Company's customers. The Company records a receivable when revenue is recognized prior to payment and has an unconditional right to payment. Alternatively, when payment precedes the provision of the related services, the Company records deferred revenue until the performance obligations are satisfied. The Company did not have any receivables from contracts with customers or deferred revenue as of December 31, 2022. Economic conditions that may affect the Company's performance primarily include the general economic and market conditions in the United States, specifically in the agriculture infrastructure, wastewater, energy facilities, and permanent crops industries. *Private Placement Agreement* – The Company has a private placement agreement with a third party and is entitled to earn a residual placement fee equal to a percentage of future equity commitments investors make to any fund, special purpose entity, collective investment vehicle, or similar entity that is advised or managed by the third party or any of its affiliates, or any person {10}------------------------------------------------ of which 10% or more of the securities having ordinary voting power for election of directors are directly or indirectly owned by the third party or any of its affiliates. The Company records a receivable and recognizes revenue when the private placement agreement for an equity commitment has been signed. The Company did not earn a residual placement fee during the year ended December 31, 2022. *Cash* – The Company considers all highly liquid investments with a remaining maturity of three months or less when purchased to be cash equivalents. The Company maintains the majority of its cash balance on deposit with one Federal Deposit Insurance Corporation ("FDIC") insured financial institution. At times, these deposits may be in excess of federally insured limits. *Commitments and Contingencies* – The Company had no commitments nor contingent liabilities and has not been named as a defendant in any lawsuit at December 31, 2022, or during the year then ended. *Guarantees* – Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 460, *Guarantees,* requires the Company to disclose information about its obligations under certain guarantee arrangements. FASB ASC 460 defines guarantees as contracts and indemnification agreements that contingently require a guarantor to make payments to the guaranteed party based on changes in an underlying factor (such as an interest or foreign exchange rate, security or commodity price, an index or the occurrence or nonoccurrence of a specified event) related to an asset, liability, or equity security of a guaranteed party. This guidance also defines guarantees as contracts that contingently require the guarantor to make payments to the guaranteed party based on another entity's failure to perform under an agreement as well as indirect guarantees of indebtedness of others. The Company has issued no guarantees at December 31, 2022, or during the year then ended. #### *Recently Issued Accounting Standards* For the year ended December 31, 2022, various Accounting Standard Updates issued by the FASB were either newly issued or had effective implementation dates that would require their provisions to be reflected in the financial statements for the year then ended. The Company has either evaluated or is currently evaluating the implications, if any, of each of these pronouncements and the possible impact they may have on the Company's financial statements. In most cases, management has determined that the pronouncement has either limited or no application to the Company and, in all cases, implementation would not have a material impact on the financial statements taken as a whole. #### 2. INCOME TAXES The operations of the Company are included in the consolidated federal and state income tax return filed by the Member. The Company is treated as a disregarded entity for federal income tax purposes, in accordance with single member limited liability company rules. All tax effects of the Company's income or loss are passed through to the Member. Therefore, no provision or liability for Federal or State Income Taxes is included in these financial statements. #### 3. RELATED-PARTY TRANSACTIONS The Company is engaged by its Member to perform capital raising activities for the Member and its affiliated funds and vehicles whereby the Member pays a monthly fee to the Company in consideration for these services. These services include, but are not limited to, reviewing and planning financing needs, performing due diligence, and executing on certain capital raising transactions as defined in the agreement. For the year ended December 31, 2022, advisory services earned by the Company with respect to this engagement with its Member totaled \$1,560,000. The Company has an expense sharing agreement with its Member whereby the Company pays a monthly reimbursement in {11}------------------------------------------------ consideration for certain expenses paid on the Company's behalf. These expenses include personnel, rent, and other administrative services. For the year ended December 31, 2022, expenses incurred by the Company with respect to the expense sharing agreement with its Member totaled \$1,334,578. Intercompany receivable due from its Member relating to the monthly retainer is \$0 and intercompany expense share due to its Member is \$4,755, leaving a net payable to a related party of \$4,755 at December 31, 2022. It is possible that the terms of certain related party transactions are not the same as those that would result for transactions among wholly unrelated parties. ### 5. NET CAPITAL REQUIREMENTS The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC 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. Rule 15c3-1 also provides that equity capital may not be withdrawn, or cash dividends paid if the resulting net capital ratio would exceed 10 to 1. Net capital and aggregate indebtedness change day to day, but on December 31, 2022, the Company had net capital of \$1,458,878 which was \$1,453,878 more than its required net capital of \$5,000. The Company's ratio of aggregate indebtedness (of \$8,625) to net capital was 0:01 to 1. #### 6. SUBSEQUENT EVENTS The Company has reviewed events that have occurred after December 31, 2022 through February 14, 2023, the date the financial statements were available to be issued. During this period, no subsequent events occurred that require recognition or disclosure in the financial statements. {12}------------------------------------------------ #### Equilibrium Capital Services, LLC Schedule I – Computation of Net Capital under Rule 15c3-1 of the Securities and Exchange Commission As of December 31, 2022 #### Computation of net capital | Member's equity | | \$
1,472,566 | |------------------------------------------------|----------------|-----------------| | Less: Non-allowable assets | | | | Prepaid expenses | \$
(13,688) | | | Total non-allowable assets | | (13,688) | | Net capital | | 1,458,878 | | Computation of net capital requirements | | | | Minimum net capital requirements | | | | 6 2/3 percent of net aggregate indebtedness | 575 | | | Minimum net capital required | 575 | | | Minimum dollar net capital required | 5,000 | | | Net capital required (greater of above) | | (5,000) | | Excess net capital | | \$
1,453,878 | | Aggregate indebtedness | | \$
8,625 | | Ratio of aggregate indebtedness to net capital | | 0.01 : 1 | Note: There are no material differences between the preceding computation and the Company's corresponding unaudited Part II of Form X-17A-5 as of December 31, 2022 {13}------------------------------------------------ #### Equilibrium Capital Services, LLC Schedule II – Computation for Determination of the Reserve Requirements and Information Relating to Possession or Control Requirements for Brokers and Dealers under Rule 15C3-3 of the Securities and Exchange Commission As of December 31, 2022 The Company is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). The Company does not claim an exemption under paragraph (k) of 17 C.F.R. § 240. 15c3-3, and 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 effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company. Therefore the Company is not required to present the Computation for Determination of the Reserve Requirements and Information Relating to Possession or Control Requirements for Brokers and Dealers under Rule 15c3-3 of the Securities and Exchange Commission. {14}------------------------------------------------ #### Equilibrium Capital Services, LLC Report of Independent Registered Public Accounting Firm on Equilibrium Capital Services, LLC's Exemption Report For the Year Ended December 31, 2022 {15}------------------------------------------------ # **Report of Independent Registered Public Accounting Firm** #### The Member Equilibrium Capital Services, LLC We have reviewed management's statements, included in the accompanying Equilibrium Capital Services, LLC's (the Company) Exemption Report (the exemption report), in which: - '1) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. §240.15c3-3; and - 2) The Company states the Company is filing the exemption report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5 (Footnote 74) because, throughout the most recent fiscal year, without exception: - x The Company limits its business activities exclusively to (1) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company, and - x The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, other than 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). The Company's management is responsible for compliance with the provisions of Footnote 74 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 the provisions of Footnote 74. 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, based on the provisions of Footnote 74 of SEC Release No. 34-70073. Dallas, Texas February 14, 2023 {16}------------------------------------------------ ## Equilibrium Capital Services, LLC's Exemption Report Equilibrium Capital Services, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 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 effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company; and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than 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, without exception. Equilibrium Capital Services, LLC I, William Campbell, swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. By: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Title: Chief Compliance Officer, Equilibrium Capital Services, LLC February 14, 2023 \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Date {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** The Member Equilibrium Capital Services, LLC We have performed the procedures included in Rule 17a-5(e)(4) under the Securities Exchange Act of 1934 and in the Securities Investor Protection Corporation (SIPC) Series 600 Rules, which are enumerated below on the accompanying General Assessment Reconciliation (Form SIPC-7) for the year ended December 31, 2022. Management of Equilibrium Capital Services, LLC is responsible for its Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7. Management of Equilibrium Capital Services, LLC has agreed to and acknowledged that the procedures performed are appropriate to meet the intended purpose of assisting Equilibrium Capital Services, LLC and SIPC in evaluating the Company's compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2022. Additionally, SIPC has agreed to and acknowledged that the procedures performed are appropriate to meet their purposes. This report may not be suitable for any other purpose. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the appropriateness of the procedures described below either for the purpose for which this report has been requested or for any other purpose. The procedures we performed, and our findings are as follows: - 1. Compared the listed assessment payments in Form SIPC-7 with respective cash disbursement records entries, noting no differences. - 2. Compared the Total Revenue amounts reported on the Annual Audited Report Form X-17A-5 Part III for the year ended December 31, 2022, with the Total Revenue amounts reported in Form SIPC-7 for the year ended December 31, 2022, noting no differences. - 3. Compared any adjustments reported in Form SIPC-7 with supporting schedules and working papers, noting no differences. - 4. Recalculated the arithmetical accuracy of the calculations reflected in Form SIPC-7 and in the related schedules and working papers supporting the adjustments in procedure 3 above, noting no differences. - *5.* Compared the amount of any overpayment applied to the current assessment with the Form SIPC-7 on which it was originally computed, noting no differences*.* {18}------------------------------------------------ We were engaged by Equilibrium Capital Services, LLC to perform this agreed-upon procedures engagement and conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants and in accordance with the standards of the Public Company Accounting Oversight Board (United States). An agreed-upon procedures engagement involves performing specific procedures that the engaging party has agreed to and acknowledged to be appropriate for the intended purpose of the engagement and reporting on findings based on the procedures performed. We were not engaged to and did not conduct an examination or a review engagement, the objective of which would be the expression of an opinion or conclusion, respectively, on Equilibrium Capital Services, LLC's Form SIPC-7 and for its compliance with the applicable instructions on Form SIPC-7 for the year ended December 31, 2022. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you. We are required to be independent of Equilibrium Capital Services, LLC and to meet our other ethical responsibilities in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement. This report is intended solely for the information and use of Equilibrium Capital Services, LLC and SIPC and is not intended to be, and should not be, used by anyone other than these specified parties. Dallas, Texas February 14, 2023 {19}------------------------------------------------ | SIPC-7 | | |----------------|--| | (36-REV 12/18) | | #### **SIPC-7 SIPC-7** SECURITIES INVESTOR PROTECTION CORPORATION Mail Code: 8967 P.O. Box 7247 Philadelphia, PA 19170-0001 #### (36-REV 12/18) (36-REV 12/18) **General Assessment Reconciliation** # DEC 31, 2022 For the fiscal year ended **\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_** (Read carefully the instructions in your Working Copy before completing this Form) ## **TO BE FILED BY ALL SIPC MEMBERS WITH FISCAL YEAR ENDINGS** 1. Name of Member, address, Designated Examining Authority, 1934 Act registration no. and month in which fiscal year ends for purposes of the audit requirement of SEC Rule 17a-5: | | 68722 | FINRA | DEC | Note: If any of the information shown on the
mailing label requires correction, please e-mail | |------------------|---------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | any corrections to form@sipc.org and so
indicate on the form filed. | | | EQUILIBRIUM
411
NW
PARK
PORTLAND, | CAPITAL
AVE,
SUITE
401
OR
97209-2903 | SERVICES
LLC | Name and telephone number of person to
contact respecting this form.
CELESTE
MOYE
415-672-0559 | | | | | | | | | | | | 2,340 | | 2. A. | | General Assessment (item 2e from page 2) | | \$
1,170 | | B. | JULY 19, 2022
Date Paid | Less payment made with SIPC-6 filed (exclude interest) | | ( | | C. | Less prior overpayment applied | | | ( | | D. | | Assessment balance due or (overpayment) | | 1,170 | | E. | | | Interest computed on late payment (see instruction E) for______days at 20% per annum | | | F. | | | Total assessment balance and interest due (or overpayment carried forward) | 1,170
\$ | | | r the box
PAYMENT: | | | | | | Total (must be same as F above) | Check mailed to P.O. Box T Funds Wired TACH T | ✔
\$ | 1,170 | | G.
H. | Overpayment carried forward | | \$( | ) | | | The SIPC member submitting this form and the
and complete. | person by whom it is executed represent thereby
that all information contained herein is true, correct | | 3. Subsidiaries (S) and predecessors (P) included in this form (give name and 1934 Act registration number):
EQUILIBRIUM
CAPITAL
SERVICES,
LLC
(Name of Corporation, Partnership or other organization)
P
(Authorized Signature)
(Author | | | 27
day of | January
23
, 20 | | FINOP
(Title) | | Dated the
WER | Dates: | | for a period of not less than 6 years, the latest 2 years in an easily accessible place. | This form and the assessment payment is due 60 days after the end of the fiscal year. Retain the Working Copy of this form | | | Postmarked | Received | Reviewed | | | SIPC REVIE | Calculations
Exceptions: | | Documentation | Forward Copy | Disposition of exceptions: {20}------------------------------------------------ ## **DETERMINATION OF "SIPC NET OPERATING REVENUES" AND GENERAL ASSESSMENT** Amounts for the fiscal period beginning and ending JAN 1, 2022 DEC 31, 2022 | Item No.
2a. Total revenue (FOCUS Line 12/Part IIA Line 9, Code 4030) | Eliminate cents
1,560,050
\$ | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------| | 2b. Additions:
(1) Total revenues from the securities business of subsidiaries (except foreign subsidiaries) and
predecessors not included above. | | | (2) Net loss from principal transactions in securities in trading accounts. | | | (3) Net loss from principal transactions in commodities in trading accounts. | | | (4) Interest and dividend expense deducted in determining item 2a. | | | (5) Net loss from management of or participation in the underwriting or distribution of securities. | | | (6) Expenses other than advertising, printing, registration fees and legal fees deducted in determining net
profit from management of or participation in underwriting or distribution of securities. | | | (7) Net loss from securities in investment accounts. | | | Total additions | | | 2c. Deductions:
(1) Revenues from the distribution of shares of a registered open end investment company or unit
investment trust, from the sale of variable annuities, from the business of insurance, from investment
advisory services rendered to registered investment companies or insurance company separate
accounts, and from transactions in security futures products. | | | (2) Revenues from commodity transactions. | | | (3) Commissions, floor brokerage and clearance paid to other SIPC members in connection with
securities transactions. | | | (4) Reimbursements for postage in connection with proxy solicitation. | | | (5) Net gain from securities in investment accounts. | | | (6) 100% of commissions and markups earned from transactions in (i) certificates of deposit and
(ii) Treasury bills, bankers acceptances or commercial paper that mature nine months or less
from issuance date. | | | (7) Direct expenses of printing advertising and legal fees incurred in connection with other revenue
related to the securities business (revenue defined by Section 16(9)(L) of the Act). | | | (8) Other revenue not related either directly or indirectly to the securities business.
(See Instruction C): | | | (Deductions in excess of \$100,000 require documentation) | | | (9) (i) Total interest and dividend expense (FOCUS Line 22/PART IIA Line 13,
Code 4075 plus line 2b(4) above) but not in excess
\$
of total interest and dividend income. | | | (ii) 40% of margin interest earned on customers securities
\$
accounts (40% of FOCUS line 5, Code 3960). | | | Enter the greater of line (i) or (ii) | | | Total deductions | | | 2d. SIPC Net Operating Revenues | 1,560,050
\$ | | 2e. General Assessment @ .0015 | 2,340
\$ | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.