# SEALY INVESTMENT SECURITIES, LLC X-17A-5 (2026-02-25) — Broker-dealer annual report - Company: SEALY INVESTMENT SECURITIES, LLC - Form: X-17A-5 - Filed: 2026-02-25 - Period: 2025-12-31 - Accession: 0001774806-26-000001 - CIK: 1774806 - File #: 8-70340 - Type: Broker-dealer - Material weakness: No - Auditor: Assurance Dimensions - Auditor location: Coral Springs, FL - Contact: Ana R Carter - Phone: 813-442-1645 - Email: anac@sealyinvestmentsecurities.com - Website: sealyinvestmentsecurities.com - Signed by: Peter Jackson (President & CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1774806/000177480626000001/sis_public2025.pdf --- {0}------------------------------------------------ Sealy Investment Securities, LLC | OMB APPROVAL | | |--------------------------|--| | OMB Number: 3235-0123 | | | Expires: Nov. 30, 2026 | | | Estimated average burden | | | hours per response: 12 | | # 8-70340 01/01/25 12/31/25 | 5910 N Central Expressway, Suite 1700 | | |---------------------------------------|--| |---------------------------------------|--| | | | | 8-70340 | |--------------------------------|--------------------------------|------|------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5910
N
Central | Expressway,
Suite
1700 | | | | | | | | | Dallas | TX | | 75206 | | | | | | | | | | | | Ana
R
Carter | 813-442-1645 | | anac@sealyinvestmentsecurities.com | | | | | | | | | | | | | | | | | Assurance
Dimensions | | | | | | | | | | 3111
N
University
Dr, | Coral
Springs
Ste
621 | FL | 33065 | | | | | | | 04/13/2010 | | 5036 | | | | | | | | | | | | {1}------------------------------------------------ | I Peter Jackson | | swear (or affirm) that, to the best of my knowledge and belief, the | | |-----------------------------------------------------------------------------|-------|---------------------------------------------------------------------|-------| | tinancial report pertaining to the firm of Sealy Investment Securities, LLC | | | as of | | 17/21 | A OOE | | | - - - - - - - - - - - - - - - - - - - - - - - - - - - {2}------------------------------------------------ Sealy Investment Securities, LLC FINANCIAL STATEMENTS AND SUPPLEMENTAL INFORMATION December 31, 2025 {3}------------------------------------------------ ## Table of Contents | | Table of Contents | |---------------------------------------------------------|--------------------------------------------| | | | | Annual Report Form X-17A-5 | 1-2 | | Report of Independent Registered Public Accounting Firm | 3 | | Financial Statements: | | | | Statement of Financial Condition 4 | | Notes to the Financial | Statements……………………………………………………….…………
-1 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM of Sealy Investment Securities, LLC ### Opinion on the Financial Statement To the Member We have audited the accompanying statement of financial condition of Sealy Investment Securities, LLC (the "Company") as of December 31, 2025, (referred to as the "financial statement"). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of the Company as of December 31, ### Basis for Opinion 2025, in conformity with accounting principles generally accepted in the United States of America. These financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's 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 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 Sealy Investment Securities, LLC's auditor since 2020. Assurance Dimensions Coral Springs, Florida February 23, 2026 > ASSURANCE DIMENSIONS, LLC also d/b/a McNAMARA and ASSOCIATES, LLC TAMPA BAY: 4920 W Cypress Street, Suite 102 | Tampa, FL 33607 | Office: 813.443.5048 | Fax: 813.443.5053 JACKSONVILLE: 7800 Belfort Parkway, Suite 290 | Jacksonville, FL 32256 | Office: 888.410.2323 | Fax: 813.443.5053 ORLANDO: 1800 Pembrook Drive, Suite 300 | Orlando, FL 32810 | Office: 888.410.2323 | Fax: 813.443.5053 SOUTH FLORIDA: 3111 N. University Drive, Suite 621 | Coral Springs, FL 33065 | Office: 754.800.3400 | Fax: 813.443.5053 www.assurancedimensions.com "Assurance Dimensions" is the brand name under which Assurance Dimensions, LLC including its subsidiary McNamara and Associates, LLC (referred together as "AD LLC") and AD Advisors, LLC ("AD Advisors"), provide professional services. AD LLC and AD Advisors practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations, and professional standards. AD LLC is a licensed independent CPA firm that provides attest services to its clients, and AD Advisors provide tax and business consulting services to their clients. AD Advisors, and its subsidiary entities are not licensed CPA firms. 1 {5}------------------------------------------------ # Sealy Investment Securities, LLC Statement of Financial Condition As of December 31, 2025 ### ASSETS | Sealy Investment Securities, LLC | | | | |------------------------------------------------------------------------------------------------------------------------|----------|-------------------------------------------------------------------|--| | Statement of Financial Condition
As of December 31, 2025 | | | | | ASSETS | | | | | Cash
Prepaid Assets and Deposits
Receivables
Due from Related Parties
Right-of-Use Assets
Total Assets | \$
\$ | 1,016,702
540,160
25,225
551,261
571,716
2,705,064 | | | LIABILITIES AND MEMBER'S EQUITY | | | | | Liabilities
Accrued Expenses
Commissions Payable
Due to Related Parties
Lease Liability
Funds in Escrow | \$ | 26,456
195,341
32,761
578,186
1,100 | | | | | | | ### LIABILITIES AND MEMBER'S EQUITY | 26,456 | |------------------| | 195,341 | | 32,761 | | 578,186 | | 1,100
833,844 | | | | 1,871,220 | | \$
2,705,064 | | \$ | The accompanying notes are an integral part of this financial statement. {6}------------------------------------------------ # Sealy Investment Securities, LLC Notes to Financial Statements For the Year ended December 31, 2025 # General NOTE 1 – General and Summary of Significant Accounting Policies Sealy Investment Securities, LLC (the "Company" or "SIS") is a limited liability company which was formed in the State of Georgia on December 19, 2018 and received FINRA approval as a registered broker dealer on October 15, 2019. On March 24, 2022, the owners of the Company transferred all of their respective membership interests in the Company to Sealy & Company, LLC (the "Member" or "Sealy"), a Georgia limited liability company. The Company is a broker-dealer registered with the Securities and Exchange Commission ("SEC") and the Financial Industry Regulatory Authority ("FINRA"). The Company is also a member of the Securities Investor Protection Corporation ("SIPC"). The Company is engaged in the business of providing wholesale distribution services to issuers of packaged real estate related investment products and the sponsors of such investments primarily as an agent for the private placement of securities. # Summary of Significant Accounting Policies ## Basis of Presentation The accounting policies and reporting practices of the Company conform to the predominant practices in the broker-dealer industry and are in accordance with accounting principles generally accepted in the United States of America ("GAAP"). ## Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the end of the reporting period and revenues and expenses during the year then ended. The actual outcome could differ from those estimates. ## Recently Issued Accounting Standards The Financial Accounting Standards Board (the "FASB") has established the Accounting Standards Codification ("Codification" or "ASC") as the source of authoritative accounting principles generally accepted in the United States of America recognized by FASB. The principles embodied in the Codification are to be applied by nongovernmental entities in the preparation of financial statements in accordance with GAAP in the United States. New accounting pronouncements are incorporated into the ASC through the issuance of Accounting Standards Updates ("ASUs"). Company management has reviewed the accounting standards updates issued by the FASB that were either newly issued or had effective implementation dates that would require their provisions to be reflected in the financial statements for the year ended December 31, 2025. Based upon this review, the Company has implemented the pronouncements that required adoption (if any). They have also concluded that the remaining pronouncements have 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. {7}------------------------------------------------ # Sealy Investment Securities, LLC For the Year ended December 31, 2025 # Cash Notes to Financial Statements – Continued The Company considers all short-term highly liquid investments which are readily convertible into cash and have maturities as of the date of the purchase of three months or less to be cash equivalents. # Prepaid Assets and Deposits Prepaid Assets and Deposits include prepaid commissions, prepaid other expenses, and deposits. Prepaid commissions represent commission draws paid in advance to brokers and expected to be earned in 2026. All prepaid expenses are amortized over the respective invoice terms. Other assets consist of deposits paid to a FINRA flex account to be used for FINRA fees. Prepaid Assets and Deposits totaled \$540,160 as of December 31, 2025. # Revenue Recognition The Company has adopted ASU 2014-09 Revenue from Contracts with Customers and all subsequent amendments to the ASU (collectively, "ASC 606"), which creates a single framework for recognizing revenue from contracts with customers that fall within its scope. ASC Topic 606, Revenue from Contracts with Customers ("ASC Topic 606") requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a five-step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. In determining the transaction price, an entity may include variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainty associated with the variable consideration is resolved. responsible for the customers' investments. Accordingly, advisory fees are reported on the gross basis. ASC Topic 326 – Receivable and Credit Losses Revenue is measured based on a consideration specified in a contract with a customer. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. In securities underwriting, the sale of securities from the issuer is the only performance obligation in an underwriting agreement and is generally satisfied on the trade date, so the fees will be recognized as revenue at that time. The Company is the principal for advisory fees, as it is On January 1, 2023, the Company adopted ASU 2016-13 Financial Instruments – Credit Losses (ASC The Company recognizes reimbursement revenue in accordance with guidance and incurs out-of-pocket expenses such as travel and payroll costs, which are reimbursed to the Company under the terms of the agreements with our managing broker agreements. These revenues are recognized at the point in time when received and performance obligation for the services has been satisfied. Topic 326): Measurement of Credit Losses on Financial Instruments (ASC Topic 326). This standard replaced the incurred loss methodology with an expected loss methodology that is referred to as the current expected credit loss ("CECL") methodology. CECL requires an estimate of credit losses for the remaining estimated life of the financial asset using historical experience, current conditions, and reasonable and supportable forecasts and generally applies to financial assets measured at amortized cost, including loan receivables and held-to-maturity debt securities, and some off-balance sheet credit exposures such as unfunded commitments to extend credit. Financial assets measured at amortized cost {8}------------------------------------------------ # Sealy Investment Securities, LLC For the Year ended December 31, 2025 Notes to Financial Statements – Continued will be presented at the net amount expected to be collected by using an allowance for credit losses. The Company did not have any such credit losses at December 31, 2025. Receivables are uncollateralized customer obligations due under normal trade terms requiring payment within 15 to 30 days from the invoice date, depending upon the invoice terms. Customer account balances not paid within invoice terms are considered delinquent. No interest is charged on accounts not paid according to terms. Payments of receivables are allocated to the specific invoices identified on the customer's remittance advice or, if unspecified, are applied to the earliest unpaid invoices. Receivables are stated at the amount management expects to collect from outstanding balances. Management individually reviews all receivable balances that exceed terms and based on an assessment of current creditworthiness, estimates the portion, if any, of the balance that will not be collected. As of December 31, 2025, there was no allowance for credit losses. The majority of the Company's financial assets and liabilities are recorded at amounts that approximate # Fair Value of Financial Assets and Liabilities fair value. Such assets and liabilities include cash, accounts receivables, other assets, and accrued expenses and other liabilities. In accordance with ASC Topic 820, Fair Value Measurement, the fair value estimates are measured within the fair value hierarchy. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under applicable guidance are described below - Level 1- Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; - Level 2 Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability; - Level 3 Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). ## Segment Information The Company follows Accounting Standards Update 2023-07 - Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures ("ASU 2023-07") , which expands reportable segment information by requiring companies to disclose, on an annual and interim basis, significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker ("CODM") and included within each reported measure of a segment's profit or loss. ASU 2023-07 also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM makes decisions about allocating resources to segments and evaluating performance. The Company conducts its business activities and reports financial results as a single reportable brokerage services segment. The CODM makes decisions about allocating resources and assessing performance in a manner consistent with the way the Company operates its business and presents their financial results. The nature of business and accounting policies of the brokerage services segment are the same as described in the description of business and summary of significant accounting policies notes. The CODM is Peter Jackson. {9}------------------------------------------------ # Sealy Investment Securities, LLC Notes to Financial Statements – Continued For the Year ended December 31, 2025 NOTE 2 – Leases In February 2016, FASB issued ASU 2016-02, Leases (Topic 842). FASB issued ASU 2016-02 to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Certain qualitative and quantitative disclosures are required, as well as a retrospective recognition and measurement of impacted leases. The Company has entered into a sub-lease agreement with Sealy. The sub-lease is considered an operating lease and the Company has the option to renew the lease each calendar year. Based on the terms and conditions of the sub-lease and management's assumptions concerning the future operations of the Company, the Company has recorded a right-of-use asset and a lease liability of \$571,716 and \$578,186 respectively with an assumed lease expiration of February 28, 2037. Future payments required under the Company's lease liabilities together with their present value as of For the year ending December 31, Amount 2026 \$ 71,184 2027 66,487 2028 61,124 2029 62,243 2030 63,374 Thereafter 549,122 | qualitative and quantitative disclosures are required, as well as a retrospective recognition and
measurement of impacted leases. The Company has entered into a sub-lease agreement with Sealy. The
sub-lease is considered an operating lease and the Company has the option to renew the lease each
calendar year. Based on the terms and conditions of the sub-lease and management's assumptions
concerning the future operations of the Company, the Company has recorded a right-of-use asset and a
lease liability of \$571,716 and \$578,186 respectively with an assumed lease expiration of February 28,
2037. | | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|--| | December 31, 2025 are as follows: | | | | | | | | | | | | | | | | | | | | 2029 | 62,243 | | | 2030 | 63,374 | | | Thereafter | 549,122 | | | Total payments due under operating lease liabilities | 873,534 | | | Less discount to present value | (295,348) | | | Total operating lease liabilities | \$
578,186 | | | The following summarizes the remaining lease term and discount rate as of December 31, 2025:
Remaining term-operating lease: | 134 | | | Discount rate-operating lease: | 7.20% | | | The right-of-use asset and lease liability are presented separately on the accompanying statement of
financial position. | | | | NOTE 3
–
Related Party Transactions | | | | The Company has an expense sharing agreement with Sealy. Sealy allocates all appropriate expenses to
the Company on a monthly basis. Shared expenses during the year ended December 31, 2025, amounted
to \$74,188 included as part of Rent and Professional Services on the accompanying statement of
operations. Of that amount, \$11,600 was payable as of December 31, 2025 and is included as part of Due | | | | 134 | | | |-------|--|--| | 7 20% | | | | | | | The Company has an expense sharing agreement with Sealy. Sealy allocates all appropriate expenses to the Company on a monthly basis. Shared expenses during the year ended December 31, 2025, amounted to \$74,188 included as part of Rent and Professional Services on the accompanying statement of operations. Of that amount, \$11,600 was payable as of December 31, 2025 and is included as part of Due to Related Parties on the accompanying statement of financial condition. As part of the expense sharing agreement, the Company subleases office space from Sealy for \$9,918 per month through December 31, 2025 (see Note 2). {10}------------------------------------------------ # Sealy Investment Securities, LLC Notes to Financial Statements – Continued For the Year ended December 31, 2025 For the year ended December 31, 2025, the expense for subleasing is as follows: | Sealy Investment Securities, LLC | | | | |--------------------------------------------------------------------------------------------------|----------------|------------------|--| | Notes to Financial Statements
For the Year ended December 31, 2025 | –
Continued | | | | For the year ended December 31, 2025, the expense for subleasing is as follows: | | | | | | | | | | Office space rent and related costs
Other shared expenses | \$ | 46,448
27,740 | | | Total shared expenses for the period | \$ | 74,188 | | | The Company has entered into the following Managing Broker-Dealer agreements with the respective | | | | The Company has entered into the following Managing Broker-Dealer agreements with the respective effective dates: | Sealy Investment Securities, LLC
For the Year ended December 31, 2025 | | | | | | | |--------------------------------------------------------------------------------------------------|--|-------------------|--|--|--|--| | For the year ended December 31, 2025, the expense for subleasing is as follows: | | | | | | | | | | | | | | | | | | | | | | | | The Company has entered into the following Managing Broker-Dealer agreements with the respective | | | | | | | | | | October 28, 2019 | | | | | | Sealy Industrial Partners, LP ("SIP") | | | | | | | | | | May 8, 2020 | | | | | | Sealy Legacy Partners, LP ("SLP")
Sealy Industrial Partners III, LP ("SIP III") | | September 8, 2020 | | | | | | Sealy Industrial Partners IV, LP ("SIP IV") | | April 22, 2022 | | | | | Under the terms of the agreements, the Company is authorized as the Managing Broker-Dealer to engage in the offering, sale, and distribution of units pursuant to each funds' Confidential Private Placement Memorandum. As part of the agreement with SIP IV, a monthly retainer fee of \$50,000 is paid to the Company during the offering period. For the year ended December 31, 2025, SIS received a total of \$600,000 from SIP IV. The monthly retainer fees are included as part of Other Income on the accompanying Statement of Operations. Selling commissions Up to 6% Managing broker-dealer fees Up to 2.75% Due diligence fees Up to 1.75% In addition, the Company receives selling commissions, managing broker-dealer fees, and due diligence fees up to the percentages shown below, all or a portion of which can be reallowed to participating broker-dealers. | Selling commissions | Up to 6% | |-----------------------------|-------------| | Managing broker-dealer tees | Up to 2.75% | | Due diligence fees | Up to 1.75% | The Company received all of its advisory fee revenue of \$5,102,159 for the year ended December 31, 2025 from SIP IV. The Company periodically incurs costs which are reimbursable by related parties. For the year ended December 31, 2025, SIS received \$3,446,939 in reimbursement income from SIP, SLP, SIP III, and SIP IV which is presented as Reimbursement Revenue, Related Party on the accompanying Statement of Operations. As of December 31, 2025, the following balances are included in due from related parties on the accompanying statement of financial condition: Sealy Industrial Partners, LP \$ 73,494 Sealy Industrial Partners III, LP 16,246 Sealy Legacy Partners, LP 75,694 Sealy Industrial Partners IV, LP 385,827 Total Due from Related Parties \$ 551,261 | Sealy Industrial Partners, LP | S | 73.494 | |-----------------------------------|---|---------| | Sealy Industrial Partners III, LP | | 16,246 | | Sealy Legacy Partners, LP | | 75,694 | | Sealy Industrial Partners IV, LP | | 385,827 | | Total Due from Related Parties | S | 551,261 | Sealy periodically pays for costs outside of the scope of the expense sharing agreement which are reimbursable by the Company. As of December 31, 2025, \$32,761 is payable to Sealy and is reflected in Due to Related Parties on the accompanying statement of financial condition. {11}------------------------------------------------ # Sealy Investment Securities, LLC Notes to Financial Statements – Continued For the Year ended December 31, 2025 NOTE 4 – Concentration of Credit Risk The Company maintains its cash in bank deposit accounts at high quality financial institutions. The balances, at times, may exceed the Federal Deposit Insurance Corporation's (the "FDIC") current \$250,000 limit. At December 31, 2025, the Company did exceed the federally insured limit by \$766,702 but has not experienced any losses in these accounts. NOTE 5 – Commitments and Contingencies The Company can be subject to litigation, arbitration settlements, and regulatory assessments which arise in the ordinary course of business as a registered broker-dealer. The Company recognizes a liability and expense for any such matters at the time exposure to loss is probable and an amount of the loss is reasonably determinable. In the opinion of management, there are no outstanding matters at December 31, 2025 requiring contingent loss recognition. NOTE 6 – Net Capital Requirements The Company is a member of FINRA and is subject to the SEC Uniform Net Capital Rule 15c3-1. This rule requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 1500% (15 to 1). Net capital and the related net capital ratio may fluctuate on a daily basis. At December 31, 2025, the Company had net capital of \$754,574 which was \$737,099 in excess of its required net capital of \$17,475. The Company's net capital ratio was 34.74%. The Company has elected to use the basic computation method, as is permitted by the rule, which requires that the Company maintain minimum net capital pursuant to a fixed dollar amount or 6- 2/3% of total aggregate indebtedness, as defined, whichever is greater, and does not, therefore, calculate its net capital requirement under the alternative reserve requirement method. NOTE 7 – Income Taxes financial statements. The members report the Company's taxable income or loss on their respective tax they are more likely than not to be sustained during examinations. A tax position includes the entity's NOTE 8 – Subsequent Events The Company is a limited liability company taxed as a partnership for income tax reporting purposes and as such, is not subject to income tax. Accordingly, no provision for income taxes is provided in the returns. The Company has adopted provisions of ASC 740-10, Accounting for Uncertainty in Income Taxes. Under ASC 740-10, the Company is required to evaluate all of its tax positions to determine if status. The Company believes it has no uncertain positions. agreement represents a non-recognized subsequent event and had no impact on the Company's financial Subsequent events have been evaluated through February 2 , 2026, which is the date the financial statements were issued. On January 13, 2026, Sealy Investment Securities, LLC entered into a Managing Dealer Agreement with Sealy Industrial I, DST, pursuant to which Sealy Investment Securities, LLC was appointed as managing dealer for the offering of beneficial interests on a best-efforts basis. This statements for the year ended December 31, 2025. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.