# ICG CAPITAL SECURITIES, LLC X-17A-5 (2026-04-06) — Broker-dealer annual report - Company: ICG CAPITAL SECURITIES, LLC - Form: X-17A-5 - Filed: 2026-04-06 - Period: 2024-12-31 - Accession: 0001590886-26-000003 - CIK: 1590886 - File #: 8-69379 - Type: Broker-dealer - Material weakness: No - Auditor: Goldman & Company CPAs PC - Auditor location: Marietta, GA - Contact: Ana R Carter - Phone: 813-442-1645 - Email: scott.upton@icgcap.com - Website: icgcap.com - Signed by: Scott Upton (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1590886/000159088626000003/icgpublic.pdf --- {0}------------------------------------------------ **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** | ANNUAL REPORTS | |----------------| | FORM X-17A-5 | | PART Ill | | 0MB APPROVAL | | |--------------------------|--| | 0MB Number: 3235-0123 | | | Expires: Nov. 30, 2026 | | | Estimated average burden | | | hours per response: 12 | | SEC FILE NUMBER 8-69379 **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 **01/01/24** MM/DD/YY AND ENDING **12/31 /24** MM/00/YY **A. REGISTRANT IDENTIFICATION** NAME oF FIRM: ICG Capital Securities, LLC TYPE OF REGISTRANT (check all applicable boxes): 0 Broker-dealer D Security-based swap dealer D Check here if respondent is also an OTC derivatives dealer D Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF BUSINESS: {Do not use a P.O. box no.) 201 South College Street, Suite 1610 (No. and Street) Charlotte NC 28244 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Scott Upton 704-332-1930 scott.upton@icgcap.com (Name) (Area Code - Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* Goldman & Company, CPAs, P.C. (Name -if individual, state last, first, and middle name) 3535 Roswell Rd., Ste 32 Marietta GA 30062 (Address) {City) {State) (Zip Code) 6/25/2009 1952 **r te of R,g;,tca,;o, with PCAOB][lf appHcable) FOR OFFICIAL USE ONLY** (PCAOB Reg;,tr.,t;oo N"mbec, ;f appHcable) I \* 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-S(e)(l)(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 OMS control number. {1}------------------------------------------------ #### **OATH OR AFFIRMATION** | I, Scott Upton | | | | swear (or affirm) that, to the best of my knowledge and belief, the | | |-----------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------|---------------------------------|---------------|-----------------------------------------------------------------------------------|-------| | financial report pertaining to the firm of ICG Capital Securities, LLC | 2~ | | | | as of | | __________
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V ,,' | | | | | This filing** contains (check all applicable boxe~)~' 1111 ' | | 11 | | | | | | | | | | | - **ii** (a) Statement of financial condition. - □ (b) Notes to consolidated statement of financial condition. - D (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). - D (d) Statement of cash flows. - D (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - D {f) Statement of changes in liabilities subordinated to claims of creditors. - D (g) Notes to consolidated financial statements. - D (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-l, as applicable. - D (i) Computation of tangible net worth under 17 CFR 240.18a-2. - D (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - □ (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.1Sc3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - D (I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. - D (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - D {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. - □ (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 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. - D {p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - D (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - D (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - **iii** (t) Independent public accountant's report based on an examination of the statement offinancial condition. - D (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. - D (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (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. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, as applicable. - D (y) Report describing 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). D (z) Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ - - \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2}, as applicable. {2}------------------------------------------------ ![](_page_2_Picture_0.jpeg) {3}------------------------------------------------ ## ICG CAPITAL SECURITIES, LLC ## TABLE OF CONTENTS | | Page No. | |---------------------------------------------------------|----------| | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 1 | | FINANCIAL STATEMENTS | | | Statement of Financial Condition | 2 | {4}------------------------------------------------ #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of ICG Capital Securities, LLC #### Opinion on the Financial Statement We have audited the accompanying statement of financial condition of ICG Capital Securities, LLC as of December 31, 2024, and the related notes (collectively referred the financial statement presents fairly, in all material respects, the financial position of ICG Capital Securities, LLC as of December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion The financial statement is the responsibility of ICG Capital Securities, LLC 's management. Our responsibility is to express an opinion on ICG Capital Securities, LLC 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. 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 2018. .C. Marietta, Georgia March 15, 2025 {5}------------------------------------------------ # ICG Capital Securities, LLC # STATEMENT OF FINANCIAL CONDITION # DECEMBER 31, 2024 ## ASSETS | ICG Capital Securities, LLC | | |------------------------------------|-----------| | STATEMENT OF FINANCIAL CONDITION | | | DECEMBER 31, 2024 | | | ASSETS | | | CURRENT ASSETS: | | | Cash and Cash Equivalents | \$322,451 | | Accounts Receivable | 126,626 | | Prepaid expenses | 42,696 | | Total current assets | 491,773 | | FIXED ASSETS, net | 187,934 | | INTANGIBLE ASSETS, net | 2,342 | | OTHER ASSETS: | | | Deposit | 4,617 | | Operating lease right of use asset | 24,430 | | Total other assets | 29,047 | | TOTAL ASSETS | \$711,096 | The accompanying notes are an integral part of the financial statements {6}------------------------------------------------ # ICG Capital Securities, LLC # STATEMENT OF FINANCIAL CONDITION # DECEMBER 31, 2024 ## LIABILITIES | ICG Capital Securities, LLC
STATEMENT OF FINANCIAL CONDITION
DECEMBER 31, 2024
LIABILITIES
CURRENT LIABILITIES:
Accounts Payable
553
Accrued Expenses
75,000
Credit cards payable
15,927
Lease Obligation Payable
24,430
Payroll liabilities
258
Deferred Income
212,100
Total current liabilities
328,268
EQUITY
EQUITY:
Members Equity
382,828
Total equity
382,828 | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | TOTAL LIABILITIES | | AND EQUITY
711,096 | #### EQUITY | EQUITY: | | |-------------------|--| | | | | | | | | | | TOTAL LIABILITIES | | | | | | | | Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.