# WWF SECURITIES, LLC X-17A-5 (2026-03-24) — Broker-dealer annual report - Company: WWF SECURITIES, LLC - Form: X-17A-5 - Filed: 2026-03-24 - Period: 2025-12-31 - Accession: 0001843264-26-000002 - CIK: 1843264 - File #: 8-70662 - Type: Broker-dealer - Material weakness: No - Auditor: NTT & Company PLLC - Auditor location: Beaumont, TX - Contact: Lonnie Johnson - Phone: 231-384-2712 - Email: nathantuttle@nttcocpa.com - Website: nttcocpa.com - Signed by: Lonnie Johnson (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1843264/000184326426000002/Finalx-17.pdf --- {0}------------------------------------------------ UNITED STATES SECUR]TIES AND EXCHANGE COMMISSION washington, D.C. 20549 > ANNUAT REPORTS FORM X-17A-5 PART III | OMB Number:3235{123 | |--------------------------| | Expires: Nov.30,2025 | | €stimated average burden | | hours p€r respons€: l2 | | SEC FILT NUMEER | | |-----------------|--| | 8-70662 | | FACING PAGE lnformation Required Pursuant to Rules 17a-5,17a-72, and l8a-7 underthe Securities Exchange Ad of 1934 FILING FOR THE PERIOD BEGINNING 01to1l25 ANDENDTNG 12131125 MM/DDAY MM/DD/YY A. REGISTRANT IDENTIFICATION # NAME oF F,RM. WWF Securities, LLC TYPE OF REGISTRANT (check all applicable boxes): El Broker-dealer E Security-based swap dealer E Check here if respondent is also an OTc derivatives dealer E Major security-based swap participant A0DRE55 OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | 76 W. Adams, #307 | | | | | | | |----------------------------------------------------------------------------|------------------------------------------------------------|----------------|---------------------------|--|--|--| | {No. and Street) | | | | | | | | Detroit | MI | | 48226 | | | | | (city) | {state) | | (Zip Code) | | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | | Lonnie Johnson 231-384-2712 | | | lon @ wvvf securities.com | | | | | (Name) | (Area code - Telephone Number) | (EmailAddress) | | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | INDEPENDENT PUBI-lC ACCOUNTANT whose reports are contained in this filing* | | | | | | | | NTT & Company PLLC | | | | | | | | | (Name - if individual, state last, tlrst, and middle name) | | | | | | | Ave.
5865 Mistletoe | Beaumont | TX | 77707 | | | | | (Address) | (city) | (state) | (Zip Code) | |-------------------------------------------------|-----------------------|-----------|-------------------------------| | 03/19/2019 | | 6543 | | | istration with PCAOB ifa
(Date of
licable | | PC-AOB Re | stration Number, ifa plicable | | | FOR OFFICIAT USE ONtY | | | | | | | | \* claims for exemption from the requirement thatthe annual reports be covered by the reports of an independent public accountant must be supported by a statement offacts and circumstances relied on as the basis ofthe exemption. See17 cFR 240.17a-5(e)(1)(ii), if applicable, Personswho a,e to respond to the collectlon ol lnformation contained in thls form are not requlred to respond unlesstheform dirplays a currently valid OMg control number. {1}------------------------------------------------ #### OATH OR AFFIRMATION | l, Lonnie Johnson | , swear (or affirm) that, to the best of my knowledge and belief, the | |----------------------------------------------------------------|-------------------------------------------------------------------------------------------| | financial report pertaining to the firm of wwF Securilaes, LLc | , as of | | 12131 | 2025 . 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 interest in any account classified solely as that of a customer Signature Title (Eo #### Notary Public #### This filing\*\* contains (check all applicable boxes): - E (a) Statement of financial condition. - E (b) Notes to consolidated statement of financial condition. - E (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 S 210.1-02 of Regulation S-x). - E (d)Statement of cash flows. - E (e) Statement of changes in stockholders' or partners' or sole proprieto/s equity. - E (0 Statement of changes in liabilities subordinated to claims of creditors. - E (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. - n 0) 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. - D (l) Computation for Determination of PAB Requirements under Exhibit A to S 240.15c3-3. - E (m) lnformation relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - E (n) lnformation relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(pX2) or 17 cFR 240.18a-4, as applicable. - = (o) Reconciliations, including appropriate explanations, ofthe FOCUS Report with computation of net capital ortangiblenet 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 a pplica ble, if materia I differences exist, or a statementthat no material differences exist. - tr (p)Summaryof financial dataforsubsidiariesnotconsolidatedinthestatementoffinancialcondition. - (q) oath or affirmation in accordance with 17 cFR 240.17a-5, f7 CFR240.f7a-72, ot 77 CFR 240.78a-7, as applicable. - = ! (r) Compliance report in accordance with 17CFR240.17a-5 ot 77 CtR 240.78a-7, asapplicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 ot !7 CFR 240.78a-7, as applicable. - = tr (t) lndependent public accou nta nt's report based on an exa mination of the statement of financia I condition. - E (u) lndependent public accountant's report based on an exa mination of the fina ncial report or fina ncial statements under 17 CFR 240.71a-5, L7 CFR 24O.LBa-7, ot 77 CFR 240.77a-12, as applicable. - D (v) lndependent public accou nta nt's report based on an exa mination of certa in statements in the complia nce report u nder 17 cFR 240.77a-5 ot \7 CFR 240.18a-7, as applicable. - = (w) lndependent public accountant's report based on a review of the exemption reportunderlT CFR24O.77a-5 o( 77 CFR 240,18a-7, as applicable. - D (x)Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-7e ot 77 CFR24O !7a-!2, as applicable. - E (y) Report describing any materia I inadequacies found to exist or found to have existed since the date of the previous a udit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - ! (z) Other '\*To request confidentiol treotment of ceftoin portions of this filing, see 77 CFR 240.17o-5(e)(i) or 17 CFR 240.18o'7(d)(2), os qpplicqble. {2}------------------------------------------------ #### **WWF SECURITIES, LLC** **FINANCIAL STATEMENT WITH REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM PURSUANT TO RULE 17a-5 For the Year Ended DECEMBER 31, 2025** {3}------------------------------------------------ # WWF SECURITIES, LLC # CONTENTS # Report of Independent Registered Public Accounting Firm Statement of Financial Condition as of December 31, 2025 Notes to Financial Statement {4}------------------------------------------------ #### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Member of WWF Securities, LLC: #### **Opinion on Financial Statements** We have audited the accompanying statement of financial condition of WWF Securities, LLC (the "Company") as of December 31, 2025, and the related notes (collectively referred to as "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2025, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** 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 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 from 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 the audit of the financial statement provides a reasonable basis for our opinion. Beaumont, Texas **0DUFK** We have served as the auditor for WWF Securities, LLC since 2022. NTT & Company, PLLC 5865 Mistletoe Avenue Beaumont, TX 77707 512.766.8131 NathanTuttle@NTTCoCPA.com {5}------------------------------------------------ #### WWF SECURITIES, LLC STATEMENT OF FINANCIAL CONDITION as of December 31, 2025 | ASSETS | | |----------------------------|--------------| | Current Assets | | | Cash | | | Checking/Savings | \$
19,926 | | Prepaid assets | 7,900 | | TOTAL ASSETS | \$
27,826 | | LIABILITIES & EQUITY | | | Liabilities (all current) | | | Accruals | 347 | | TOTAL LIABILITIES | \$
347 | | | | | Member Equity | 27,479 | | Total Equity | \$
27,479 | | | | | TOTAL LIABILITIES & EQUITY | \$
27,826 | The accompanying notes are an integral part of these financial statements. {6}------------------------------------------------ ## WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025 # Note 1 - Organization and Description of Business WWF Securities, LLC (the "Company") is a broker-dealer registered with the United States Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA"). As a limited liability company, the member's liability is limited to its investment. The Company was founded in October of 2020, under the laws of the State of Delaware. The Company is a placement agent for private debt and equity securities and acts as a broker for the purchase and sale of private securities. The Company's customers are located throughout the United States. The Company is owned 65% by WWF Holdings, Inc., 35% by Edward Fearon. # Note 2 - Summary of Significant Accounting Policies # Basis of Presentation The accompanying financial statements are presented in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"). # Revenue from Contracts with Customers Revenue from contracts with customers includes placement and advisory services related to capital raising activities and transactions. The recognition and measurement of revenue is based on the assessment of individual contract terms. The agreements often contain nonrefundable retainer fees, and/or success fees, which may be fixed or represent a percentage of the value that the customer receives, if and when the transaction is completed ("success fees"). The Company has evaluated its nonrefundable retainer fees, to ensure they relate to the transfer of goods or services, as a distinct performance obligation, in exchange for the retainer. Other income are reimbursed expenses where the client reimburses expenses paid by the broker dealer. # Revenue Recognition The Company adopted ASU 2014-09, Revenue from Contracts with Customers, (codified in ASC 606). The Company recognizes revenue when services are transferred to clients. Revenue is recognized based on the amount of consideration that management expects to receive in exchange for these services in accordance with the terms of the contract with the client. To determine the amount and timing of revenue recognition, the Company must (1) identify the contract with the client, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when the Company satisfies a performance obligation. {7}------------------------------------------------ #### WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025 # Note 2: Summary of Significant Accounting Policies (Continued) Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should be applied due to uncertain future events. In some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate for revenue recognition under a specific contract. If a promised good or service is not distinct, the Company combines that good or service with other promised goods or services until it identifies a bundle of goods or services that is distinct. In some cases, this would result in the Company accounting for all the services promised in a contract as a single performance obligation and, if unfulfilled, amounts received from such contracts would be reflected as deferred revenues on the statement of financial condition. The Company recognizes certain retainer revenue from contracts with customers at the point in time in which specified deliverables are transferred to the Company's customers. Success fee revenue for advisory arrangements is generally recognized at the point in time that performance under the agreement is completed (the closing date of the transaction). # Accounts Receivable and Allowance for Credit Losses Accounts receivable are non-interest-bearing uncollateralized obligations receivable in accordance with the terms agreed upon with each customer. The Company regularly reviews its accounts receivables for any uncollectible amounts. The review for uncollectible amounts is based on an analysis of the Company's collection experience, customer credit worthiness, and current economic treads. # Cash The Company maintains its bank account in a high credit quality financial institution. The balance at times may exceed federally insured limits. {8}------------------------------------------------ # WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025 # Note 2: Summary of Significant Accounting Policies (Continued) # Property and Equipment Property and equipment are recorded at cost. Depreciation is provided by use of the straight-line method over the estimated useful lives of the respective assets, which ranges from five to seven years. #### Income Taxes As a limited liability company, the tax consequences of the Company's operations all pass through to the Member. Therefore, the Company's income or loss is reported on the Member's partnership income tax return. As a result, no federal or state income taxes are included in the accompanying financial statements as they are the responsibility of the individual owners of the Member. The Company has adopted the provision of FASB ASC 740-10 Accounting for Uncertainty in Income Taxes. Under this provision, the Company is required to evaluate each of its tax positions to determine if they are more likely than not to be sustained if the taxing authority examines the respective position. A tax position includes an entity's status, including its status as a pass-through entity, and the decision not to file a return. The Company has evaluated each of its tax positions and has determined that no provision or liability for income taxes is necessary. # Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the reporting period. Actual results could differ from those estimates. # Note 3 -Related Party Transactions The Company and its Member occasionally pay expenses on behalf of each other that are reimbursed at cost with no gain or loss. During the period of the report 2025, payments on behalf of one another were \$0 and there is a balance of \$346 payable to WWF Holdings that is for unreimbursed shared expenses from the year 2022. The balance due from member on the accompanying statement of financial condition arose from such transactions. The Company operates from office space provided by the owners of the Company's Member at no cost to the Company. Financial position and results of operations could have differed from the amounts in the accompanying financial statements if these related party transactions did not exist. {9}------------------------------------------------ # WWF SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025 #### Note 4 - Concentrations During 2025, approximately 100% of investment banking revenues were earned from 1 customer(s). We had no net accounts receivable at December 31, 2025. #### Note 5 - Net Capital Requirements The Company is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1) which requires the maintenance of a minimum net capital, as defined, equal to the greater of \$5,000 or one-fifteenth of aggregate indebtedness. At December 31, 2025, the Company had net capital of \$19,579 which exceeded its minimum required net capital of \$5,000 by \$14,579. At December 31, 2025, the Company's ratio of aggregate indebtedness to net capital was .18 to 1.00. #### Note 6 -Segment Reporting The Company manages its business within a single operating segment in accordance with ASC Topic 280 Segment Reporting ("ASC 280"). Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker (CODM), which is our Chief Executive Officer in deciding how to allocate resources and in assessing performance. Segment information is consistent with how management reviews the business, makes investing and resource allocation decisions and assesses operating performance. The CODM uses this information, which may be adjusted for items that are nonrecurring, as well as regularly provided budgeted or forecasted expense information for the single operating segment, in managing the business. # Note 7 - Contingencies The Company is subject to litigation in the normal course of business. The Company has no litigation in progress as of December 31, 2025, as defendant. # Note 8 - Economic Risks In March 2020, the World Health Organization (WHO) declared COVID-19 a global pandemic. This pandemic event has resulted in significant business disruption and uncertainty in both global and U.S. markets. While management believes the Company is in an appropriate position to sustain potential shortterm effects of these world-wide events, the direct and long-term impact to the Company and its financial statements is undetermined at this time. #### Note 9 - Commitments and Contingencies The Company does not have any commitments, guarantees or contingencies that may result in a loss or future obligation, or that may be asserted against the firm at a future date. {10}------------------------------------------------ #### Note 10 - Subsequent Events The Company has evaluated all events and transactions that occurred after December 31, 2025 through March , 2026. WWF Holdings is in talks to sell 60% of its share of its ownership to a nonbroker dealer. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.