# PEAK BROKERAGE SERVICES, LLC X-17A-5 (2021-03-03) — Broker-dealer annual report - Company: PEAK BROKERAGE SERVICES, LLC - Form: X-17A-5 - Filed: 2021-03-03 - Period: 2020-12-31 - Accession: 0001515119-21-000005 - CIK: 1515119 - File #: 8-68829 - Material weakness: No - Auditor: Salberg & Company, P.A. - Auditor location: Boca Raton, FL - Contact: Anthony Diamos - Phone: 404-536-6984 - Signed by: Matt Myers (Chief Executive Officer) Original filing: https://www.sec.gov/Archives/edgar/data/1515119/000151511921000005/PeakAnnualReport2020.pdf --- {0}------------------------------------------------ Peak Brokerage Services, LLC Financial Statements and Supplementary Information For the Year Ended December 31, 2020 {1}------------------------------------------------ ## Peak Brokerage Services, LLC Financial Statements For the Year Ended December 31, 2020 #### TABLE OF CONTENTS | FACING PAGE | 1 | |----------------------------------------------------------------------------------------------------------|-------| | OATH OR AFFIRMATION | 2 | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 3-4 | | FINANCIAL STATEMENTS: | | | STATIEMENT OF FINANCIAL CONDITION | 5 | | STATEMENT OF OPERATIONS | 6 | | STATIEMENT OF MEMBERS, EQUITY | 7 | | STATEMENT OF CASHFLOWS | 8 | | NOTES TO FINANCIAL STATEMENTS | 0 | | SUPPLEMENTARY INFORMATION: | ાં રે | | SUPPLEMENTAL STATEMENT OF NET CAPITAL | 16 | | SUPPLEMENTAL STATEMENT OF AGGREGATE INDEBTEDNESS
AND REQUIRED NET CAPITAL | 17 | | SUPPLEMENTAL NOTE - SUPPLEMENTAL INFORMATION PURSUANT TO
RULE 17a-5 OF THE SECURITIES ACT OF 1934 | 18 | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
ON THE COMPANY'S RULE 15c3-3 EXEMPTION REPORT | 19 | | RULE 15C3-3 EXEMPTION REPORT | 20 | {2}------------------------------------------------ UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: October 31, 2023 Estimated average burden hours per response .. . . . . . 12.00 # ANNUAL AUDITED REPORT FORM X-17A-5 PART III SEC FILE NUMBER 8-68829 FACING PAGE Information Required of Brokers and Dealers Pursuant to Section 17 of the Securities Exchange Act of 1934 and Rule 17a-5 Thereunder | REPORT FOR THE PERIOD BEGINNING | 01/01/20
MM/DD/YY | AND ENDING | 12/31/20
MM/DD/YY | |-------------------------------------------------------------------------------------------|--------------------------------------------------------|------------|--------------------------------| | | A. REGISTRANT IDENTIFICATION | | | | NAME OF BROKER-DEALER: Peak Brokerage Services, LLC | | | OFFICIAL USE ONLY | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. Box No.) | | | FIRM I.D. NO. | | | 1070 E. Indiantown Road, Suite 208-210 | | | | | (No. and Street) | | | | Jupiter | FL | | 33477 | | (City) | (State) | | (Zip Code) | | NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT
Anthony Diamos | | | 404-536-6984 | | | | | (Area Code - Telephone Number) | | | B. ACCOUNTANT IDENTIFICATION | | | | INDEPENDENT PUBLIC ACCOUNTANT whose opinion is contained in this Report* | | | | | | Salberg & Company, P.A. | | | | | (Name - if individual, state last, first, middle name) | | | | 2295 NW Corporate Blvd., Suite 240 Boca Raton | | i | 33431 | | (Address) | (City) | (State) | (Zip Code) | | CHECK ONE: | | | | | Certified Public Accountant | | | | | Public Accountant | | | | | Accountant not resident in United States or any of its possessions. | | | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | | | | | | | | | \*Claims for exemption from the requirement that the annual report be covered by the opinion of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis for the exemption. See Section 240.17a-5(e)(2) > Potential 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. SEC 1410 (11-05) {3}------------------------------------------------ #### OATH OR AFFIRMATION | Matt Myers | swear (or affirm) that, swear (or affirm) that, to the best of | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Peak Brokerage Services, LLC | my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
, as | | of December 31 | a more and concerned and correct. I further swear (or affirm) that | | | neither the company nor any partner, principal officer or director has any proprietary interest in any account | | classified solely as that of a customer, except as follows: | | | Notary Public | Signature
Chief Executive Officer
COLLERS SIG
CCC 20958
Title | | This report ** contains (check all applicable boxes):
(a) Facing Page.
J (b) Statement of Financial Condition.
(d) Statement of Changes in Financial Condition.
(g) Computation of Net Capital.
consolidation.
(1) An Oath or Affirmation. | (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).
(e) Statement of Changes in Stockholders' Equity or Partners' or Sole Proprietors' Capital.
(f) Statement of Changes in Liabilities Subordinated to Claims of Creditors.
(h) Computation for Determination of Reserve Requirements Pursuant to Rule 15c3-3.
(i) Information Relating to the Possession or Control Requirements Under Rule 15c3-3.
(i) A Reconciliation, including appropriate explanation of Net Capital Under Rule 15c3-1 and the
Computation for Determination of the Reserve Requirements Under Exhibit A of Rule 15c3-3.
(k) A Reconciliation between the audited Statements of Financial Condition with respect to methods of | - - r (m) A copy of the SIPC Supplemental Report. [ \*\* For conditions of confidential treatment of certain portions of this filing, see section 240.17a-5(e){3). {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### Report of Independent Registered Public Accounting Firm To the Members of: Peak Brokerage Services, LLC Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Peak Brokerage Services, LLC (the "Company") as of December 31, 2020, the related statements of operations, changes in members' 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, 2020 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 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. {5}------------------------------------------------ #### | @aF| iHlJfl`TaQ| ileBHEulHp|qe|qHpq|tH|Be`i\HqHaHpp|@aE|@BBul@B{|eI|qRH|TaJfm`@qTea|imHpHaqHE|Ta|qRH|puii\H`Haq@\| TaJgn`@qTea| 5a|Ol`TaQ|eul|eiTaTea|ea|qRH|puii\H`Haq@]|TaLeo@qTea|yH|Hw@\u@qHE|yRHqRHl|qRH| puii\H`Haq@\|TbOl`@qTea |TaB\uETaQ|Tqp|Jfl`|@aE|BeaqHaq |Tp|ilHpHaqHE|Ta|BeaJf|Tq{|yTqR|;u\H| &@\$|eI|qRH|Commissions
Overide Income
Fees received from representatives
Other income | S | 5,789,459
447,637
741,263
37,609 | |--------------------------------------------------------------------------------------------------|---|-------------------------------------------| | TOTAL REVIENIULES | S | 7,015,968 | | EXPENSES | | | | Commissions and salaries | S | 6,210,845 | | General and administration expenses | | 148,845 | | Technology | | 271,109 | | Insurance premium | | 117,850 | | Regulatory & license fees | | 107,035 | | Professional fees | | 142,738 | | Occupancy | | 64,048 | | Interest expense | | 476 | | TOTAL BXPENSES | S | 7,062,946 | | NET LOSS | S | (46,978) | {8}------------------------------------------------ # Peak Brokerage Services, LLC Statement of Members' Equity For the Year Ended December 31, 2020 | BALANCE, DECEMBER 31, 2020 | | 428,316 | |----------------------------|---|----------| | Net loss | | (46,978) | | Plus Capital Contributions | | 215,641 | | Balance, December 31, 2019 | S | 259,653 | | MEMBER'S EQUITY | | | {9}------------------------------------------------ # Peak Brokerage Services, LLC Statement of Cash Flows For the Year Ended December 31, 2020 | CASH FLOWS FROM OPERATING ACTIVITIES. | | | |---------------------------------------------------|---|-----------| | Net Loss | S | (46,978) | | Adjustments to reconcile net loss to net cash: | | | | Net change in operating assets & liabilities: | | | | (Increase)/decrease in accounts receivable | | 2,825 | | (Increase)/decrease in commissions receivable | | 5,018 | | (Increase)/decrease in prepaid expense | | (29,588) | | Increase/(decrease) clearing deposits | | (10) | | Increase/(decrease) in accounts payable | | (128) | | Increase/(decrease) in other payables | | (37,420) | | (Increase)/decrease in commissions payable | | (133,044) | | | | | | | | | | NET CASH USED IN OPERATIONS | | (239,325) | | CASH FLOWS FROM FINANCING ACTIVITIES | | | | Capital contributions | | 215,641 | | | | | | NET CASH PROVIDED BY FINANCING ACTIVITIES | | 215,641 | | NET CHANGE IN CASH AND CASH EQUIVALENTS | | (23,684) | | CASH AND CASH EQUIVALENTS, BEGINNING OF THE YEAR | | 361,437 | | | | | | CASH AND CASH EQUIVALENTS, END OF THE YEAR | S | 337,753 | | SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | | | | Cash paid for interest | S | | | Cash paid for taxes | S | | | | | | {10}------------------------------------------------ #### NOTE 1 - NATURE OF BUSINESS #### Organization and Nature of Business Peak Brokerage Services, LLC (the Company) is a brokerage firm and a majority owned subsidiary of Peak Reps, LLC. The Company is registered as a broker-dealer pursuant to Section 15(b) of the Securities Exchange Act of 1934, and has two sister companies: one being Blackwidge Asset management, a registered investment advisor with the Securities and Exchange Commission (the SEC) and the other, Top Advisors Group, LLC, a licensed, insurance marketing organization. The Company is subject to regulation and oversight by the SEC and the Financial Industry Regulatory Authority, Inc. (FINRA) (FINRA CRD #: 158045; SEC #: 8-68829). #### NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES #### Basis of Financial Statement Presentation The accompanying Financial Statements have been prepared pursuant to Rule 17a-5 of the Securities and Exchange Act of 1934. The classification and reporting of items appearing on the Financial Statements are consistent with that rule. #### Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and 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 could differ from those estimates. The Company estimates its accounts receivables at year-end and related revenues and commission payable and expense. #### Inter-company Expense Allocations The Company's financial statements reflect allocations of certain occupancy, equipment and personnel-related expenses that are paid on its behalf by Peak Reps, LLC and reimbursed by the Company. Personnel-related allocations include salaries and costs attributable to the employees of the Company participating in other benefit plans sponsored by Peak Reps, LLC. In the opinion of management, the expenses allocated to the company approximate the actual costs incurred. {11}------------------------------------------------ # **&/)(&)"/)-\$,/ /** \$;ǨD\$ǨDǨ|:-+-H£+kǨD+1-D;Ǩ |\$8ǨDǨR+8Ǩ¶-77ǨGH18ǨXNǨ0?0?Ǩ #### **Ť¼{Ǩ0Ǩ ½ŜRǨ,=ǨF]/=F#<`Ǩ<##,s¼ ]Ǩ@,éF#/{Ǩ***Ïh^ .u SǨ* #### *ŋŻNjÇǨ4 øǨµ4fÇǨãǀuĘ4d) .fǨ* !-ǨU-Ǩ-ǨǨU Ǩ ǨǨ-Ǩ-Ǩ -ǨǨ³6Ǩ -ǨǨǨ-Ǩ-Ǩ ǨU ǨǨ ƂǨ- Ǩ Ǩü -ǨǨǨ-%ǨQǨ! -Ǩ -Ǩ- Ǩ -Ǩ ƿ-Ǩ-Ǩ ǨǨ-TǨ- Ǩ-Ǩ Ǩ #### *Ŭ)õnu.u)¨Ǩ* \Ǩ Ǩ-Ǩ Ǩ-ǨB¿mǨ-ǨǨ- Ǩ -%ǨŠǨƶg Ǩ- Ǩg Ǩ-Ǩ- ǨǨ Ǩ Ǩ-Ǩ Ǩ-ǨǨǨǨ-ǨǨ-±Ǩ \ǨǨ Ǩp Ö5Ǩ36365Ǩ Ǩ! -Ǩ ǨǨ-ǨǨǨ-Ǩ Ǩ #### *µlvvuffu^ fǨƊh)uǚ4Ƅd)Ǩ* !ą Ǩ -Ǩ -Ǩ Ǩ -ĀǨ -g Ǩ -Ǩ ô-Ǩ Ǩ - - Ǩ ǨǨDŽǨ - Ǩ ǨMǨ - Ǩ %Ǩ QǨ ! -Ǩ -ǨǨ Ǩ ą Ǩ -ǨǨ-Ǩ Ǩ-ÓǨ QǨǨBǨ Ǩ-Ǩ¤Ǩ - Ǩ Ǩ -Ǩ --Ǩ ǨǨ ! §-Ǩ ǨA 5Ǩ Ǩ ǨªM5Ǩ- Ǩ Ǩ Ǩ %Ǩ O- Ǩ Ǩ -- Ǩ Ǩ Ǩ Ǩ -5Ǩ Ǩ -- ǨǨ ƙǨ- ǨǨ Ǩ -±Ǩ #### *)õƋƅdSfǨì.ÇSn¨Ǩ* r ăǨ Æ ǨǨ -Ǩ Ǩ Ǩ-Ǩ Ǩ BË Ǩź«ÓǨ ř-- Ǩ ǨǨ ǨǨ-Ǩ-- Ǩ -ǨƢǨ Ǩ--Ǩ--Ǩ ė-Ǩ -Ǩ ƫ%Ǩ #### *ŒƩ)øǨànj¨Ǩ* P- Ǩ 5Ǩ Ǩ- ǨƘ-5Ǩ- ǨƝėǨ- ǨU Ǩ-Ǩ Ǩ-Ǩ -Ǩ 5ǨǨǨ - - Ǩ -ĀǨ - Ǩ g-%Ǩ »-- Ǩ-Ǩ Ǩ Ǩ -§gǨ -Ǩ Ǩ -Ǩ Ǩ Ǩ -Ǩ Ǩ - Ǩ Ǩ Ǩ ć--Ǩ A Ǩ Î35y66%Ǩ § -ǨǨ g ǨǨǨĕ-¤IJǨ ǨǨǨ¤ - ǨBǖǨǨǨǨ -%Ǩ »-- ǨǨA Ǩ-ǨǨ -ǨǨǨǨ -Ǩ Ǩ ôǕ - Ǩ -ǨǨ mTǨ-ǨǨǨ-Ǩ -ǨǨǨ ƃWǨ\ǨBƤA Ǩ -Ǩ ǨƚǨ § - Ǩ-ǨǨ Ǩp[5Ǩ3636%ǨQǨE-ǨǨ -ǨAǨǨ3636%Ǩ {12}------------------------------------------------ # **&/)(&)"/)-%,//** #### **\$;Ǩ\$Ǩ=£eLĆ:L¥ǨL1eĒ;Ǩ =\$VǨĒǨRLVǨ\*e77ǨG1ÁVǨXNǨ0?0?Ǩ** #### **,&\*Ǩ0Ǩx sŝRǨ,=ǨF]F=F#z&Ǩá##,s&F]Ǩ@,~F#Ǩ** *Ïö^ .9 )Ǩ* #### *)Ę) )Ǩ)÷^ơ 9.9^ Ǩ* QÀ- - Ǩ- Ǩ Ǩ- Ǩ Ʀg Ǩ-Ǩ Ǩ Ǩ-Ǩĕ- ij - Ǩ-JǨ ǨǨ Ǩ Ǩ ! -Ǩ û - Ǩ -Ǩ Ǩ -Ǩ M Ǩ Ǩ M- Ǩ Ǩ --Ǩ %ǨQ Ǩ! ÀęǨ Ǩ-ǨB -Ǩ ǨǨ-- Ǩ-Ǩ- Ǩ- Ǩ Ǩ ǨǨ - Ǩ- Ǩ Ǩ>Ǩ-Ì -Ǩ - Ǩ -ǨƜ JǨy3³Ǩ -Ǩ -Ǩ ->Ǩ BÈA Ǩ - Ǩ -- Ǩ -JǨ - Ǩ - Ǩ %Ǩ 'nǨ -Ǩ JǨ -- Ǩ Ǩ - Ǩ-ǨÌǨǨǨ Ǩ Ǩ dž ǨBË Ǩ ǨƗǨÍ - Ǩ - Ǩ- ǨǨ Ǩ Ǩ-Ǩ Ǩ ǨǨ - Ǩ- Ǩ ǨûǨ ǨM Ǩ ǨM- ǨǨ Ǩ Ǩ Ǩ Q Ǩ - Ǩ - Ǩ - Ǩ Ǩ Ǩ -Ǩ Ǩ Ǩ -LJ ǨÆ Ǩ -- ǨǨ Ǩ ǨǨǨ Ǩ Q-Ǩ Ǩ Ǩ Ǩ -Ǩƛ JǨy3³Ǩ -Ǩ-Ǩ-JǨ- ǨƔA Ǩ- Ǩ -- Ǩ Ǩ-ǨBà Ǩ -Ǩ- Ǩ ǨǨ- %Ǩ Ǩ -ǨBà Ǩ- Ǩ -Lj ǨǨ Ǩ ! -Ǩ - Ǩ Ǩ -Ǩ - Ǩ Ǩ Ǩ Ǩ - Ǩ- ǨǨ ĤǨ ǨM ǨǨ -Ĵ Ǩ- Ǩ- Ǩ ǥ Ǩ Ǩ Ǩ Ǩ Ǩƥ Ǩ Ǜ Ǩ- Ǩ ƌ ±ǨO - Ǩ -Ǩ Ǩ Ǩ - Ǩ -ĄǨ - Ǩ TǨ - ->Ǩ -- Ǩ - Ǩ -¤Ǩ Ǩ lj Ǩ-Ǩ Ǩ ǨǨ - Ǩ %Ǩ #### *µ^vv9ǐ) .YǨ4 Ǩō .9 ǧ) ÷9)YǨ* Ǩ! aǨ g Ǩ-Ǩ-ǨǨ - ǨǨǨ Ǩ ǨǨ ǨǨǨ- Ǩ -Ǩ-Ǩ-Ǩ Đ JǨ- ǨǏ Ǩ -Ǩ -Ǩ Ǩ --Ǩ - WǨçǨ Ǩ-ÍǨǨ-Ǩ - ǨǨǨ- -Ǩ-Ǩ Ǩ ǨǨ Ǩ-Ǩ Ǩ T - ǨM-Ǩ-Ǩ ǨŽǨǨ Ǩ- >Ǩ Ǩ! -Ǩ- Ǩ-Ǩ-Ǩð ǨǨ-ǨMǨ Ǩ- ǨǨ-Ǩ Ǩ - Ǩ-Ǩ-Ǩ Ǩ-JǨ JǨ Ǩ! -Ǩ- ǨM Ǩ Ǩ-ǨǨ Ǩ- ĺǨ Q Ǩ! aJǨ-Ǩ-Ǩ¬ ǨǨ -ƬǨ-Ǩ- Đ-ǨBǨ Ǩ -Ǩ TǨ- Ǩ -Ǩ -Ì Ǩ BǨ Ǩ-ǨǨǨMǨ- Ǩ- Ǩ Ǩ-ÍǨ -Ǩ Ǩ --Ǩ - JǨ A Ǩ-Ǩ Ǩ ǨǨ ĵ-Ǩ- ǨǨ ú- %Ǩ Q Ǩ! -Ǩ Ǩ-Ǩ -ǨBǨÎy6J666ǨǨŗ Ǩ3636Ǩ Ǩ- Ǩ -Ǩ-Ǩ ǨǨ Ǩ ! -ǨǨ36Ö ²ǨQǨ -Ǩ ǨBË Ǩ-ǨÀ- ǨǨ36[²Ǩ-Ǩ ǨǨT Ǩ-Ǩ Ǩ -- %Ǩ ¸çšǨ- Ǩ Ǩ-Ǩ ǨǨ -ǨǨ Ǩ Ǩ a« Ǩ Ǩ- Ǩ Ǩ Ǩ ǨǨ Ǩ -Ǩ Ǩ Ǩ! -Ǩ Ǩ 36 [²Ǩ Q Ǩ ! -Ǩ Ǩ ǨǨǨ - Ǩ-ǨM ǨǨ- ǨǨ-ǨǨ -WǨ´ JǨǨ ă- Ǩ- -Ǩ-Ǩ Ǩ - Ǩ-Ǩ Ǩ ǨĿ[JǨ3636WǨ {13}------------------------------------------------ # **&/)(&)"/+\$,/ / \$;ǨD\$Ǩ=:Ĉ-H:LkǨD1-;Ǩ =ƻVǨDǨR8Ǩ¶Ĉ77ǨGH18ǨXNÒǨ0ĻNßǨ** #### **,۶Ǩ0Ǩx ŶñǨ,=ǨŮF]/=/#z`Ǩ<##,s` ]Ǩ@,èF#Ǩ***Ðöƺ .9 SǨ* #### *6]²^¢mmµ×* ¡Ǩ! -"Ǩ --"Ǩ Ǩ Ǩ Z-Ǩ"ǨǨ - ǨĔ-Ǩ "ǨUǨǨǨ ƲƞǨ -Ǩ-ZjǨ --Ǩ(-Z"Ǩ -WǨ¡Ǩ Ǩ ǨǨ -Ǩ -"Ǩ - Ǩ -Ǩ-Ǩ -I Ǩ-ǨǨǨI "Ǩ- ÑǨǨ ! -"Ǩ-Ǩ( Ǩ-ǨǨǨǨ ǨǨ -Ǩ-Ǩ -ǨǨǨ-Ǩ-ǨǨ (ǨǨ- ǨǨ-"Ǩ(Ǩ Ǩ - %Ǩ ¡Ǩ ! -"Ǩ Ǩ óǨ Ǩ Ǩ aǨ Ǩ - Ǩ I -Ǩ (Ǩ Ǩ aƸ ſ Ǩ Ǩ->Ǩ ǨUǨ-Ǩ ǨǨ--ǨǨtDž- ǨǨǨ %Ǩï ǨǨ->ǨǨ-Ǩ Ǩ Ǩ-ǨǨ-ƟǨǨ-ǨǨǨ -ǨǨ - ǨI -°Ǩ-ÊǨǨ Ǩ(ǨǨU(ǨǨ Ǩ-"ǨǍt¿ÊWǨ ¡Ǩ ! -ƷęǨ-"Ǩ(ǨǨ--ǨǨǨUt-Ǩ-(Ǩ -"Ǩ I (ǨMǨ -Ǩ-(Ǩ ǨǨ-Ǩ Ǩ-Ǩ --WǨŕ>ǨǨ-ǨU ǨtǨǨ! ò"ǨǨ -Ǩ -" Ǩ ǨǨ-Ǩ Ǩ WǨ\ ">ǨǨ-"Ǩ-Ǩ Ǩ Ě(ǨǨ Ǩ-- WǨ #### *ê)ƕdǨ*×*)ÿǘƯǑěǨŚ4Ǔ)ǂ¨Ǩ* Ǩ! -"ǨǨƪ ǨǨ IjǨ-Ǩ-(ǨǨ"Ǩų Ǩŭ-«Ǩü(-Ǩ- Ǩ-Ǩ - Ǩ -(Ǩ -Ǩ ú-"Ǩ g-%Ǩ Ǩ ! -"Ǩ -(Ǩ Ǩ -Ǩ j(j -"Ǩ -Ǩ Ǩ Ǩ - Ǩ - Ǩ òg->Ǩ TǨ Ǩ IǨ Ǩ I--Ǩ Ǩ >ǨǨ(ǨǨUĬǨƐ --ǨUÑǨa Ǩ-WǨœ Ǩ ǨǨ ĭǨ Ǩ-ǨǨTǨ-"Ǩ ĉ Ą-ǨǨĔǨ -Z>ǨǨǨǨ Ǩ -Ǩ j Ǘ(ǨǨ-(ǨǨ (-WǨ\ǨǨ-"ǨǨ-ǨǨ đǨa(ǨǨ-Ǩ Ǩ-"Ǩ Ǩ- ǨǨ -Ǩ-Ǩ ǨǨ-"Ǩ -«ZǨǨ M"Ǩ ƍƏā %ǨŹǨǨ -"ǨI ǨƎƧ -Ǩa Ǩ IǨĂ ǨǨ -Ǩ Z-Ǩ -Ǩ ǨǨǨ ¢āž -Ǩ->ǨǨ-Ǩ-Z -Ǩ -Ǩ-(Ǩ IǨ ǨǨ-Ǩ Ǩ-Ǩ ǨǨ-Ǩ Ǩ- Ǩ-"Ǩ -ZWǨǨ! -" Ǩ-Ǩ ĉ Ǩ Ǩ-Ǩ-"ǨǨƑ Ǩ- Ǩ->Ǩ Ǩ -"Ǩ ǨǨ (-Ǩ-¬Ǩ ǨǨ -ZǨ-(Ǩ-"Ǩ Ǩ ǨǨIj Ǩ- ǨǨI ǨǨǨǨ -Ǩ ǒǨ Ǩ TĚǨ - Ǩ-¬Ǩ Ǩ-Ǩ IŇǨ ---Ǩ tÃǨ Ǩ Ǩ Ǩƒ Ǩ ( "ǨǨǨǨ Ǩ- ǨIZǨ-ǨǔjǨ¢ǨZ Ǩó(ǨǨ-¬Ǩ Ǩ-"ǨZ Ǩ( ňǨ-ǨǨ-ǨǨ-Ǩ¢Ǩa Ǩ -Ǩ- Ǩ ƳtÈ -ĮǨ jǨ---%ǨǨ! -"Ǩ ǨǨt¿ Ǩ- ǨjǨ¢ǨǨ( Ǩ- ǨǦ -ǨǨ(Ǩ-Ǩ-ǨÊǨÚã Ǩ-(ǨǨ - ǨaǨǨ-ǨǨįǨǨǨ -Ǩ -ǨǨ--"Ǩ %Ǩ {14}------------------------------------------------ # Peak Brokerage Services, LLC Notes to Financial Statements For the Year Ended December 31, 2020 #### NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) #### Legal & Regulatory Matters (Continued) The Company maintains third-party insurance coverage for certain potential legal proceedings, including those involving client claims. With respect to client claims, the estimated losses on many of the pending matters may be less than the applicable deductibles of the insurance policies. #### Income Taxes The Company is taxed as a Parmership for federal income tax purposes. Therefore, the financial statements do not include a provision for income taxes since the Company is not a taxable entity. The Company's partners will pay taxes on the Company's earnings. The Company files a separate pass-through income tax return for federal and state purposes. At the year ended December 31, 2020, management has determined the Company had no uncertain tax positions requiring recognition and reporting. This determination will always be subject to ongoing reevaluation as facts and circumstances may require. The Company's open tax years (2017 through 2020) remain subject to income tax audits. #### Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For many of the Company's financial instruments, including cash, receivables, prepaid and other assets, accounts payable, commissions payable and other payables, the carrying amount of these instruments reflect the approximate fair value due to their short maturities. #### Concentrations The Company generated \$4,260,535 or approximately 61% of total revenue from the sale of variable annuities. Approximately 24% of the Company's total revenue came from products sold as provided through one variable annuity product provider. #### NOTE 3 - FINANCIAL INSTRUMENTS AND CONCENTRATION OF RISK Financial instruments subject to concentration risk are cash and cash equivalents. The Company maintains depository cash with one banking institution. Depository accounts are insured by the Federal Depository Insurance Company ("FDIC") to a maximum of \$250,000, per bank, per depositor. The total cash and cash equivalents for the Company exceeding the FDIC insured limit is \$89,956, as of December 31, 2020. {15}------------------------------------------------ #### NOTE 4-RELATED PARTY TRANSACTIONS The Company has related party transactions with Peak Reps, LLC, its parent entity who provides certain services to the Company under an expense sharing agreement. The Company paid approximately \$1.1M for occupancy, technology and personnel expenses in 2020. The Company recorded an override index annuity income in the amount of \$23,032 from a related entity. Top Advisors Group; an override investment advisory income in the amount of \$53,282 from a related entity, Blackridge Asset Management; an override investment advisory income in the amount of \$75,000 from a related entity, Independent Solutions Wealth Management; and an override investment advisory income in the amount of \$58,928 from a related entity, The Retirement Guys Formula. #### NOTE 5-NET CAPITAL REQUIREMENTS The Company is subject to the Securities and Exchange Commission's Uniform Net Capital Rule 15c3-1 ("Rule"), requiring the maintenance of minimum net capital. The Rule prohibits the Company from engaging in securities transactions during any time the Company's net capital, as defined by the Rule, is less than five thousand dollars (\$5,000), or, if the ratio of aggregate indebtedness to net capital, both as defined, exceed 15:1 (and the rule of "applicable" exchange provides that equity capital may not be withdrawn, or cash dividends be paid, if the resulting net capital ratio exceeds 12:1.) The net capital rules also provide that the broker-dealer's capital may not be withdrawn if resulting net capital would be less than minimum requirements. Additionally, certain withdrawals require the approval of the SEC and FINRA to the extent they exceed defined levels, even though such withdrawals would not cause net capital to be less than minimum requirements. Net capital and the related net capital requirement may fluctuate daily. At December 31, 2020, the Company has net allowable capital of \$301,937, exceeding the requirement by \$277,319. #### NOTE 6-SUBSEQUENT EVENTS Management has performed an evaluation of subsequent events through February 26, 2021, the date the financial statements were available to be issued. The evaluation did not result in any material subsequent events requiring adjustment and/or disclosure. {16}------------------------------------------------ SUPPLEMENTARY INFORMATION {17}------------------------------------------------ # Peak Brokerage Services, LLC. #### Supplemental Statement of Net Capital December 31, 2020 | COMPUTATION OF NET CAPITAL | | | |----------------------------------------------------------------------|----|-----------| | Total members' equity from statement of financial condition | S | \$428,316 | | Deduct members' Equity not allowable for net capital | | | | TOTAL MEMBERS' EQUITY | S | \$428,316 | | Add: | | | | Liabilities subordinated to claims of general creditors allowable in | | | | computation of net capital | | | | Subordinated liabilities | | | | Other additions and/or credits | | | | Deduct: | | | | Non-allowable assets: | | | | Furniture & Equipment | | | | Other Current Assets | S | 126,379 | | Other Assets | | | | Net Capital before haircuts on securities positions (tentative Net | ತಿ | 301,937 | | Capital) | | | | Contractual Securities Commitments | | | | Subordinated Securities Borrowings | | | | Trading and Investment Securities: | | | | Exempted Securities | | | | Debt Securities | | | | Options | | | | Other Securities | | | | Undue Concentrations | | | | Other | | | | NET CAPITAL | S | 301,937 | {18}------------------------------------------------ # Peak Brokerage Services, LLC. #### Supplemental Statement of Aggregate Indebtedness and Required Net Capital Under Rule 15c3-1 December 31, 2020 | TOTAL AGGREGATE INDEBTEDNESS | | | |----------------------------------------------------------------------------|----|-----------| | Accounts Payable | ಕಾ | 38 | | Member Payable | | 1,361 | | Commissions Payable | | 367,874 | | AGGREGATE INDEBTEDNESS FROM STATEMENT OF | | | | FINANCIAL CONDITION | ಕಾ | 369,273 | | 120% Min dollar net capital requirement of reporting broker-dealer | | 6,000 | | 6-2/3% of Aggregate Indebtedness | | 24,618 | | Net Capital requirement (greater of above) | ಕಾ | 24,618 | | Excess Net Capital | S | 277,319 | | AGGREGATE INDEBTEDNESS FROM STATEMENT OF | | | | FINANCIAL CONDITION | ತಿ | 369,273 | | Drafts for immediate credit
Other unrecorded amounts | | | | Total capital and allowable subordinated liabilities | S | 369,273 | | | | | | Ratio: Aggregate indebtedness to Net Capital
(1.22 to 1) | | 122.30% | | RECONCILIATION WITH COMPANY'S COMPUTATION | | | | Net Capital, as reported in the Company's Part II (unaudited) FOCUS Report | S | 301,937 | | Net Audit Adjustments affecting net capital | | | | Net Capital per above | S | રેળી તેરી | | | | | {19}------------------------------------------------ # Peak Brokerage Services, LLC. Supplemental Note - Supplemental Information Pursuant to Rule 17a-5 of the Securities and Exchange Act of 1934 December 31, 2020 Peak Brokerage Services, LLC is claiming exemption under the provisions of SEC Rule 15c3-3(k)(2)(i). Therefore, the following reports are not presented: - A. Computation for Determination of Reserve Requirements under Rule 15c3-3 - B. Information Relating to the Possession or Control Requirements under Rule 15c3-3 {20}------------------------------------------------ ![](_page_20_Picture_0.jpeg) > - - #### rČǨƭ Č Ǩr Ǩ@ Ǩ\ Ǩ¹'Ǩ QǨǨ»'ǨǨ @-CǨOC-Ǩ\_ >ǨPP!Ǩ ðǨ -Ǩ E Ǩ '--'Ǩ -'>Ǩ Tć Ǩ Ǩ Ǩ - '2-Ǩ *ğũǙƮÄǨ ĽŁƈØķØǨ ŐǡÄƵĎēƨƽƹǨ ŪÄĎƾǃēĠ°Ǩ* TǨ E Ǩ w[oǨ @-CǨ OC-Ǩ \_ 5Ǩ PP!Ǩ Ǩ Ǩ BEǨ čǨ Ǩ [ńǨ!%¹%r%Ǩ Ĝ [y ppwCoǨ ǨE Ǩ@-CǨOC-Ǩ \_ 5Ǩ PP!Ǩ - Ǩ -Ǩ A'2ǨÆ'Ǩ [ŅǨ!%¸%rǨĜ3ŀ6[y ppņǨwCoĨ3®oǨ wǨ ĝA'2Ǩ 2Ğ®Ǩ - Ǩ w3®Ǩ @-CǨ OC-Ǩ\_ >ǨºP!Ǩ- Ǩ-Ǩ@-CǨOC-Ǩ\_ 5ǨPº!Ǩ'ǨǨ ǨA'2Ǩ 2ǨǨǨ'Ǩ Ǩ -Ǩ-ǨEǨA 2Ǩ@-CǨOC-Ǩ \_ 5Ǩ PP!ǨǨ'--'ǨǨ2ǨýǨ '2- ǨEǨǨA'2Ǩ2Ǩ- ǨǨ-'%Ǩ íǨEǨE-Ǩ ǨǨ- - ǨEǨǨ- - ǨǨǨ@ Ǩ!'2-Ǩ´ Ǩ íǨ O- Ǩ ï Ǩ \_oǨ - 5Ǩ - 5Ǩ Ǩ UǨ - Ǩ Ǩ U Ǩ 2 Ǩ Ǩ -Ǩ Ǩ -Ǩ @-CǨ OC-Ǩ \_ 5Ǩ ºP!Ǩ Ǩ '2- Ǩ EªǨǨ A'2Ǩč%Ǩ\ǨEǨǨ--ǨǨǨ 2Ǩ-Ǩ-ǨA-'-5ǨǨĂ Ǩ ǨE ǨǨǨ A2ǨǨ-Ǩ2Ǩ Ǩ'--'ĥǨ-'%Ǩ´ °ǨEǨ ǨǨ A2Ǩ Ǩ-Ǩ2TǨ O- ǨǨǨE>ǨEǨ-Ǩ Ǩ-E-Ǩ Ǩ-Ǩ'--Ǩ' BÈ -Ǩ-Ǩ Ǩ Ǩ'- ǨǨ '--'ĦǨª-'ǨƓđ ǨǨ-Ǩ tǨ'ǨªǨ ǨBżTǨ- 5ǨǨ -Ǩ'--Ǩ2 5Ǩ - Ǩ ǨǨ2ǨǨýǨ Ǩ 2---2Ǩ wCow3ooǨ ǨrǨ [ y ppǨ ǨǨ \_ Ǩ äA -Ǩ\ ǨǨ(!#| *--* \_\POärŔ ĢǨ!ťŞ\Ţ5 @%\%Ǩ O -Ǩr->Ǩ¸ -Ǩ ¹-Ǩ3Ń5Ǩ363 [Ǩ {21}------------------------------------------------ # Rule 15c3-3 Exemption Report Peak Brokerage 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 CFR 240.1 7a-5(d)(a) and (4). To the best of its knowledge and belief, the Company states the following: The Company claimed an exemption from 17 C.F.R. 240.15c3-3 under the following provisions of 17 C.F.R. 240.15c3-3(k): - (1) Maintain a minimum net capital requirement of \$5,000 pursuant to SEC Rule 15c3-1(a)(2)(vi) (the Net Capital Rule). - (i.) Operate pursuant to SEC Rule 15c3-3(k)(2)(i) with transactions cleared through another broker-dealer, Raymond James. Peak Brokerage Services, LLC does not hold customer funds or safekeep customer securities. During the fiscal year ended December 31, 2020, Peak Brokerage Services, LLC met without exception the aforementioned exemption provisions from 17 C.F.R. 240.15c3-3. I, Matt A. Myers, affirm that, to my best knowledge and belief, this Exemption Report is true and correct. By: Title: CEO & President 1-14-2024 Date: {22}------------------------------------------------ ![](_page_22_Picture_0.jpeg) Report of Independent Registered Public Accounting Firm on Applying Agreed-Upon Procedures To the Members of : Peak Brokerage 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 (SIPC) Series 600 Rules, which are enumerated below and were agreed to by Peak Brokerage Services, LLC and the SIPC, solely to assist you and SIPC in evaluating Peak Brokerage Services, LLC's compliance with the applicable instructions of the General Assessment Reconciliation (Form SIPC-7) for the year ended December 31, 2020. Peak Brokerage Services, LLC's management is responsible for its Form SIPC-7 and for its compliance with those requirements. This agreed-upon procedures engagement was conducted in accordance with standards established by the Public Company Accounting Oversight Board (United States) and in accordance with attestation standards established by the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. Consequently, we make no representation regarding the sufficiency 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 amount reported on the Annual Audited Report Form X-17A-5 Part III for the year ended December 31, 2020 with the Total Revenue amount reported in Form SIPC-7, for the year ended December 31, 2020, 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, noting no differences; and - 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. We were not engaged to and did not conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on Peak Brokerage Services, LLC's compliance with the applicable instructions of the Form SIPC-7 for the year ended December 31, 2020. 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. This report is intended solely for the information and use of Peak Brokerage Services, LLC and the SIPC and is not intended to be and should not be used by anyone other than these specified parties. SALBERG & COMPANY, P.A. Boca Raton, Florida February 26, 2021 > 2295 NW Corporate Blvd., Suite 240 · Boca Raton, FL 33431-7328 Phone: (561) 995-8270 • Toll Free: (866) CPA-8500 • Fax: (561) 995-1920 www.salbergco.com · info@salbergco.com Member National Association of Certified Valuation Analysts · Registered with the PCAOB Member CPAConnect with Affiliated Offices Worldwide . Member AICPA Center for Audit Quality {23}------------------------------------------------ | SIPC-7 | | OND AMENDMENT
SECURITIES INVESTOR PROTECTION CORPORATION
P.O. Box 92185 Washington, D.C. 20090-2185 | | SPC-7 | |------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------| | (36-REV 12/18) | | 202-371-8300
General Assessment Reconcillation | | (36-REV 12/18) | | | | December 31, 2020
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: | | | | | 68829 | 10*10********** 845***********************************************************************************************************************************************************
FINRA DEC
PEAK BROKERAGE SERVICES, LLC | | 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. | C
5 | | | 11770 US HIGHWAY ONE, STE 205 E | | Name and telephone number of person to
contact respecting this form. | B | | | PALM BEACH GARDENS, FL 33408 | | ANTHONY DIAMOS: (404) 536-6984 > | | | | | | | | | | 2. A. General Assessment (item 2e from page 2) | | \$1,015 | | | | B. Less payment made with SIPC-6 filed (exclude interest) | | 629 | | | | 07/30/2020
Date Paid | | | | | | C. Less prior overpayment applied | | | | | | D. Assessment balance due or (overpayment) | | 386 | | | | E. Interest computed on late payment (see instruction E) for__________________________________________________________________________________________________________________ | | | | | | F. Total assessment balance and interest due (or overpayment carried forward) | | 386 | | | | G. PAYMENT: V the box
Check mailed to P.O. Box V Funds Wired
Total (must be same as F above) | તભા | | | | | H. Overpayment carried forward | | | | | | 3. Subsidiaries (S) and predecessors (P) included in this form (give name and 1934 Act registration number): | | | | | and complete. | The SIPC member submitting this form and the
person by whom it is executed represent thereby
that all information contained herein is true, correct | | PEAK BROKERAGE SERVICES, LLC
1 (Name gt Corparation, Partnership or other organization) | | | | Dated the 13th day of January | | [Authorized Signature)
PRINCIPAL | | | | This form and the assessment payment is de 60 days after the end of the Working Copy of this form
for a period of not less than 6 years, the latest 2 years in an easily accessible place. | | (Title) | | | Dates: | Received
Postmarked | Reviewed | | | | REVIEWER | | | | | | Calculations | | Documentation | | Forward Copy _ | | 5
Exceptions: | | | | | | on Disnosition of exceptions: | | | |-------------------------------|--|--| 1 {24}------------------------------------------------ #### DETERMINATION OF "SIPC NET OPERATING REVENUES" AND GENERAL ASSESSMENT Amounts for the fiscal period beginning JANUARY 1, 2020\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ | tem No.
2a. Total revenue (FOCUS Line 12/Part IIA Line 9, Code 4030) | Elliminate cents
\$ 7,015,966 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------| | 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 frading accounts. | | | (3) Net loss from principal transactions in commodities in trading accounts. | | | (4) Interest and dividendexpense 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 deducted in determining net
profit from management of or participation in underwriting or distribution of securities. | | | ( / } Net loss from securities in investment accounts. | | | Total additions | | | 2c. Deducțions:
(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 fulures products. | 5,481,737 | | (2) Revenues from commodity transactions. | | | (3) Commissions, floor brokerage and clearance paid to other SIPC members in connection with
securities transactions. | 73,115 | | (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
(i) Treasury bills, bankers acceptances or commercial paper that mature nine months of 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 to the securities business.
(See Instruction C): | | | RepAdmin, E&O, Registration Fees Paid Collected, Mktg Reimbursements, Dealer Reallowance, Int Incoma | 784.232 | | (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 fotal 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 | 6,339,087 | | 2d. SIPC Net Operating Revenues | 676,879 | | 2e. General Assessment @ . 0015 | 1,015 | | | (to page 1, line 2.A.) | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.