# ACERVUS SECURITIES, INC. X-17A-5 (2023-03-27) — Broker-dealer annual report - Company: ACERVUS SECURITIES, INC. - Form: X-17A-5 - Filed: 2023-03-27 - Period: 2022-12-31 - Accession: 0001751877-23-000001 - CIK: 1751877 - File #: 8-70206 - Type: Broker-dealer - Material weakness: No - Auditor: Deloitte - Auditor location: San Farncisco, CA - Contact: Jeffrey Harpel - Phone: 717-249-8803 - Email: jeff.harpel@oysterllc.com - Website: oysterllc.com - Signed by: Jeffrey Pinksa, President (President) Original filing: https://www.sec.gov/Archives/edgar/data/1751877/000175187723000001/ASI_2022-SOFC.Public.pdf --- {0}------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | PUBLIC | ------------------------------------- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------| |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Oct. 31, 2023 Estimated average burden hours per response: 12 SEC FILE NUMBER 8-70206 ## 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 | " ING FOR THE PERIOD BEGINNING 01/01/2022 ---------- | | AND ENDING 12/31/2022 | |------------------------------------------------------|----------|-----------------------| | | MM/DD/YY | MM/DD/YY | A. REGISTRANT IDENTIFICATION ## NAME OF FIRM: Acervus Securities, Inc. TYPE OF REGISTRANT (check all applicable boxes): @ Broker-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.) ## 335 Madison Avenue, 25th Floor | NY
10017
(State)
(Zip Code)
PERSON TO CONTACT WITH REGARD TO THIS FILING
717-249-8803
jeff.harpel@oysterllc.com
(Area Code - Telephone Number)
(Email Address)
B. ACCOUNTANT IDENTIFICATION | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | (Name - if individual, state last, first, and middle name) | | San Francisco
CA
94105 | | (State)
(Zip Code) | | 34 | | (PCAOB Registration Number, if applicable) | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | 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. {1}------------------------------------------------ ### OATH OR AFFIRMATION 1. Jeffrey Pinksa, President swear (or affirm) that, to the best of my knowledge and belief, the | financial Teport pertaining to the firm of 7.06.11466, ma. | | ﺍﻟﻘﺎﺩﺭﺓ ﺍﻟﻘﺪﻡ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ | |------------------------------------------------------------|-------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 12/31 | 2 022 , is true and correct. I further swear (or affirm) that neither the company nor any | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interessin any account classified solely as that of a customer. Notary Public Signature: Title: President See Attached Notarial Certificate ## This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - (b) Notes to consolidated statement of financial condition. - [ (c) Statement of income (loss) or, if there is other comprehensive in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X). - [ (d) Statement of cash flows. - [] {e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - [ (f) Statement of changes in liabilities subordinated to claims of creditors. - [ (g) Notes to consolidated financial statements. - [ (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - [ {i} Computation of tangible net worth under 17 CFR 240.18a-2. - [] (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 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - [ (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - [ (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - [ (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 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. - [] (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.18a-7, as applicable. - [r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - @ (t) Independent public accountant's report based on an examination of the statement of financial condition. - [ [u] Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - [] (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. - [ (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. - [] (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable. - [] (y) Report describing any material inadequacies 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). - □ (z) Other: - \*\* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17c-5(e)(3) or 17 CFR 240.18c-7(d)(2), as applicable. {2}------------------------------------------------ | ACKNOWLEDGMENT | | | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|--|--|--| | A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document. | | | | | | State of California
County of Marin | | | | | | On March 2218 2023 before me, David J lance, Notas, Notasis
(insert name and title of the officer) | | | | | | personally appeared Jettrey Pinksa
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that helshelthey executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. | | | | | | I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct. | | | | | | DAVID J. LADD
WITNESS my hand and official seal.
COMM. #2405071
NOTARY PUBLIC-CALIFORNIA | | | | | | 0
MARIN COUNTY
My Comm. Expires May 21, 2026
Signature
(Seal | | | | | {3}------------------------------------------------ # Acervus Securities, Inc. # Statement of Financial Condition as of December 31, 2022 and Report of Independent Registered Public Accounting Firm This report is deemed PUBLIC in accordance with Rule 17a-5e(3) under the Securities Exchange Act of 1934. {4}------------------------------------------------ ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Stockholder and Board of Directors of Acervus Securities, Inc.: ## Opinion on the Financial Statement We have audited the accompanying statement of financial condition of Acervus Securities, Inc. (the "Company") as of December 31, 2022, and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2022, in conformity with accounting principles generally accepted in the United States of America. ## Basis for Opinion The financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on this 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. 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 of the financial statement provides a reasonable basis for our opinion. March 24, 2023 We have served as the Company's auditor since 2019. {5}------------------------------------------------ Assets | Cash and cash equivalents
Accounts receivable
Prepaid expenses and other assets | ಲ್ಲಿ | 7,958,940
757,589
93,421 | |---------------------------------------------------------------------------------------|-------|--------------------------------| | Total assets | સ્ત્ર | 8,809,950 | | Liabilities and stockholder's equity | | | | Accounts payable and accrued expenses
Due to parent | ക്ക | 1,336,038
2,143,506 | | Total liabilities | | 3,479,544 | | Stockholder's equity | | 5,330,406 | | Total liabilities and stockholder's equity | ಕ್ಕಾ | 8,809,950 | See notes to financial statements {6}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{7}------------------------------------------------ \*?A-88E@>-:?-/@5;:211?/;:?@5@A@1-?5:381<1>2;>9-:/1;.853-@5;:>1/;3:5F10-@-<;5:@;2@591C41:- @>-:?-/@5;:;//A>>10 1:1>-88E211?->1<-E-.81?4;>@8E-2@1>@41<;5:@;2@591C41:@41211?->11->:10 2@1>@41/;:@>-/@5?1?@-.85?410@41>1->1:;?53:525/-:@6A0391:@?9-01C41:01@1>95:5:3@41@>-:?-/@5;: <>5/1 :@41;9<-:E>1/;3:5F10 5:>1B1:A12>;9@>-:?-/@5;:211? );2A825885@?;.853-@5;:?A:01>@41.>;71>-31-3>1191:@@41;9<-:E2>;9@591@;@5911:@1>?5:@;>1B1:A1 ?4->1 >121>>-8 -3>1191:@? 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