# ANCORIS SECURITIES LLC X-17A-5 (2026-03-30) — Broker-dealer annual report - Company: ANCORIS SECURITIES LLC - Form: X-17A-5 - Filed: 2026-03-30 - Period: 2025-12-31 - Accession: 0001871988-26-000001 - CIK: 1871988 - File #: 8-70753 - Type: Broker-dealer - Material weakness: No - Auditor: Rubio CPA, PC - Auditor location: Atlanta, GA - Contact: Steven Plotycia - Phone: 914-262-1589 - Email: steve@sound-harbor.com - Website: sound-harbor.com - Signed by: Heather Smith (Managing Partner) Original filing: https://www.sec.gov/Archives/edgar/data/1871988/000187198826000001/ancoris2025public.pdf --- {0}------------------------------------------------ | 8-70753 | |---------| | 05/05/09 | | 3514 | | |------------------------------|--------------------------|----------|------------------------| | | | | | | | | | | | | | | | | 3500
Lenox
Road
NE, | Atlanta
Suite
1500 | GA | 30326 | | | | | | | RUBIO
CPA,
PC | | | | | | | | | | | | | | | | | | | | Steven
Plotycia | (914)
262-1589 | | steve@sound-harbor.com | | | | | | | | | | | | New
York | NY | | 10022 | | | | | | | 515
Madison
Avenue, | 22nd
Floor | | | | | | | | | | | | | | | | | | | | | | | | Ancoris | Securities
LLC | | | | | | | | | | | | | | | 01/01/25 | 12/31/25 | | | | | | | | | | | | | | | | | | | | | 8-70753 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | {1}------------------------------------------------ ### OATH OR AFFIRMATION | Heather Smith | , swear (or affirm) that, to the best of my knowledge and belief, the | | |-------------------------------------------------------------------|-----------------------------------------------------------------------|-------| | financial report pertaining to the firm of Ancoris Securities LLC | | as of | | | | | December 31 2, 2,025 , 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. Heather Smith Signature: Title: Managing Partner ## 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 income 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. - [] Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - | | | | 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. - (1) 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 capible 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. - | | Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 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. - | | |ndependent 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 240.170-5(e)(3), or 17 CFR 240.18n-7(d)(2), as applicable. {2}------------------------------------------------ # Ancoris Securities LLC Statement of Financial Condition with Report of Independent Registered Public Accounting Firm For the Year Ended December 31, 2025 {3}------------------------------------------------ # RUBIO CPA, PC CERTIFIED PUBLIC ACCOUNTANTS 3500 Lenox Road NE Suite 1500 Atlanta, GA 30326 770-690-8995 # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Ancoris Securities LLC Opinion on the Financial Statement We have audited the accompanying statement of financial condition of Ancoris Securities LLC (the "Company") as of December 31, 2025, 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, 2025, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion This 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 free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audit included performing procedures to assess the risks of material misstatement to 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 2023. March 27, 2026 Atlanta, Georgia ![](_page_3_Picture_13.jpeg) {4}------------------------------------------------ #### STATEMENT OF FINANCIAL CONDITION AS OF DECEMBER 31, 2025 Assets | Cash
Prepaid expenses and other | \$
184,341
9,087 | |--------------------------------------------------------|------------------------| | Total assets | \$
193,428 | | LIABILITIES AND MEMBER'S EQUITY | | | Liabilities | | | Accounts payable and accrued expenses
Due to member | \$
16,797
21,186 | | Total liabilities | 37,983 | | Member's equity | 155,445 | | Total liabilities and Member's equity | \$
193,428 | The accompanying notes are an integral part of this financial statement. {5}------------------------------------------------ #### NOTES TO FINANCIAL STATEMENT DECEMBER 31, 2025 #### NOTE 1 - Nature of operations #### Organization and Description of Business: Ancoris Securities LLC (the is a Delaware limited liability company. On October 20, 2021, the Company became a brokerdealer and as such is registered with the Securities and Exchange Commission (the and is a member of the Financial Industry Regulatory Authority The Company is wholly owned by Ancoris Capital Partners LLC ("Member"). As a limited liability company, the Member's liability is limited to its investment. The primary business of the Company is to act as a financial advisor and placement agent of equity and debt financing for private These financial statements were prepared in conformity with accounting principles generally accepted in the United States of America which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the amounts of revenues and expenses companies. Periodically, the Company also provides mergers and acquisition services. #### NOTE 2 - Summary of significant accounting policies #### Basis of presentation during the reporting period. Actual results could differ from these estimates. #### Revenue recognition Revenue from contracts with customers includes placement and advisory services that are included in investment banking revenues in the accompanying statement of operations. The recognition and measurement of revenue is based on the assessment of individual contract terms. 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 the appropriate measure of the 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. The Company recognizes success fee revenues from capital raising services and merger and acquisition advisory services upon completion of a success fee based transaction. The Company recognizes certain retainer revenue from contracts with customers at The Company provides placement and advisory services related to capital raising activities and mergers and acquisitions transactions. Revenue for advisory agreements is generally recognized at the point in time that performance under the agreement is completed (the closing date of the transaction) or the contract is canceled. However, for certain contracts, revenue is recognized over time for advisory agreements in which the performance obligations are simultaneously provided by the Company and consumed by the customer. In some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate for revenue recognition under a specific contract. Retainers and other fees received from customers prior to recognizing the revenue would be reflected as contract liabilities. The Company maintains its bank account in a high credit quality financial institution. The balance at times may exceed federally #### Cash insured limits. {6}------------------------------------------------ #### NOTES TO FINANCIAL STATEMENT DECEMBER 31, 2025 #### NOTE 2 - Summary of Significant Accounting Policies (continued) #### Income taxes The Company is a single-member limited liability company and is considered a disregarded entity for federal income tax reporting to and are taxable to the Member. Therefore, no income taxes are reflected in the accompanying financial statements. purposes. Accordingly, the Company does not file a separate income tax return. The income or losses of the Company flow through Under the provisions of FASB Accounting Standards Codification 740-10 Accounting for Uncertainty in Income Taxes, 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 status, including its status as a pass-through entity, and the decision not to file a tax return. The Company has evaluated each of its tax positions and has determined that no provision or liability for income taxes is necessary. 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 receivable for any uncollectible amounts. The review for uncollectible The Company has an expense sharing agreement with its Member whereby the Member provides personnel, office space, and other general services. The Company pays its Member a monthly agreed upon fee which is subject to periodic adjustment taking into consideration an evaluation of the relative cost and benefit of services provided under the agreement. The amount expensed by the Company pursuant to this agreement during 2025 was approximately \$263,796. The balance due to Member as of December 31, Separately, the Member at times pays for operating expenses on behalf of the Company for which it subsequently seeks reimbursement or forgives the amount to which it is entitled to be reimbursed which is recorded as a capital contribution by the Company. As of December 31, 2025, there is no amount due to the Member arising from operating expenses paid by the Member on #### Accounts receivable #### NOTE 3 - Transactions with related parties 2025 on the accompanying statement of financial condition arises from this agreement. behalf of the Company. The Company at times earns success fee revenues from placement and advisory contracts with the Company's customers in the form of securities that are issued to an affiliate entity at the Company's direction, with the Company waiving its right to receive such securities at a future date. The Company earned approximately \$62,250 of securities from placement and advisory contracts with the Company's customers that were issued to the affiliate at the Company's direction during the year ended December 31, 2025, which is included within investment banking revenues as well as other expenses, respectively, within the accompanying statement of operations. The affiliate entity serves as the manager of certain investment funds that hold shares of privately held companies. The Company earned approximately \$124,450 of investment banking revenues during the year ended December 31, 2025, from a customer whose Financial position and results of operations could differ from the amounts in the accompanying financial statements if these related shares are partially held by a fund managed by the affiliate entity. party transactions did not exist. {7}------------------------------------------------ #### NOTES TO FINANCIAL STATEMENT DECEMBER 31, 2025 #### NOTE 4 - Regulatory requirements The Company is subject to SEC Uniform Net Capital Rule 15c3-1 under the Securities Exchange Act of 1934, which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2025, the Company had net capital of \$146,358 which exceeded the required net capital by \$141,358, and its ratio of aggreggate indebtedness to net capital was 0.26 to 1.00. #### NOTE 5 - Subsequent events Subsequent events were evaluated through the date the financial statements were issued. #### NOTE 6 - Contingencies The Company is subject to litigation in the normal course of business. The Company has no litigation in progress at December 31, 2025 as a defendent. #### NOTE 7 - Segment Reporting The Company's chief operating decision maker is its chief executive officer. The Company has one reportable segment: investment banking. The accounting policies of the investment banking segment are the same as those described in the summary of significant accounting policies. The chief operating decision maker assesses performance for the investment banking segment and decides how to allocate resources based on net income as is reported within the accompanying statement of operations. Additionally, the chief operating decision maker uses excess net capital (see Note 4), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay distributions. The operations constitutes a single operating segment and therefore, a single reportable segment, because the chief operating decision maker manages the business activities using information of the Company as a whole. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.