Full text of TRUMID FINANCIAL LLC's X-17A-5 filed 2022-02-28 (period 2021-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ## **TRUMID FINANCIAL, LLC** # STATEMENT OF FINANCIAL CONDITION AND REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM DECEMBER 31, 2021 *Filed pursuant to Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as a Public Document* {1}------------------------------------------------ ## **TRUMID FINANCIAL, LLC** Index | Report of Independent Registered Public Accounting Firm | 1 | |---------------------------------------------------------|----------| | Financial Statement | | | Statement of Financial Condition | 2 | | Notes to Financial Statement | 3 -<br>5 | {2}------------------------------------------------ {3}------------------------------------------------ ## **TRUMID FINANCIAL, LLC** ## Statement of Financial Condition #### **December 31, 2021** (in thousands) | Assets | | |-------------------------------------------------------------------------------------|--------------| | Current Assets | | | Cash | \lt;br>13,929 | | Receivable from Intermediation<br>Agent<br>and Amounts Due From<br>Invoiced Clients | 2,799 | | Prepaid Expenses, Other Receivables, and Other Current Assets | 381 | | Total Current Assets | \lt;br>17,109 | | Non-Current Assets | | | Office<br>Equipment<br>and Furniture, net | 24 | | Intangible Assets, net | 2,227 | | Goodwill | 6,254 | | Total Non-Current Assets | \lt;br>8,505 | | Total Assets | \lt;br>25,614 | | Liabilities and Member's Equity | | | Liabilities | | | Current Liabilities | | | Accounts Payable, Accrued Expenses,<br>and Other Current Liabilities | \lt;br>454 | | Total Current Liabilities | \lt;br>454 | | Commitments and Contingencies (Note 8) | | | Member's Equity | | | Member's<br>Equity | \lt;br>25,160 | | Total Member's<br>Equity | \lt;br>25,160 | | Total Liabilities and Member's Equity | \lt;br>25,614 | *The accompanying notes are an integral part of this financial statement* {4}------------------------------------------------ #### **1. Nature of Operations and Summary of Significant Accounting Policies** #### *Nature of Operations* Trumid Financial, LLC ("Trumid" or the "Company"), a Delaware limited liability company, was formed on June 4, 2014 and was granted its license as a broker dealer in November 2014. The Company was organized to operate an electronic trading platform for USD-denominated corporate bonds and treasury securities. The Company is a wholly-owned subsidiary of Trumid Holdings, LLC (the "Parent"), which is in the business of increasing enterpr…Read the full text as markdown