# FOUNTAINPLACE SECURITIES PARTNERS LLC X-17A-5 (2026-03-16) — Broker-dealer annual report - Company: FOUNTAINPLACE SECURITIES PARTNERS LLC - Form: X-17A-5 - Filed: 2026-03-16 - Period: 2025-12-31 - Accession: 0001910351-26-000001 - CIK: 1910351 - File #: 8-70883 - Type: Broker-dealer - Material weakness: No - Auditor: NTT & COMPANY PLLC - Auditor location: GIDDINGS, TX - Contact: ANGELA HAJEK - Phone: 678-679-8640 - Email: finop@thefountainplacegroup.com - Website: thefountainplacegroup.com - Signed by: JEFFERSON ELLINGTON (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1910351/000191035126000001/fountainplaceaudit25.pdf --- {0}------------------------------------------------ U NI T E D S T A T E S S E C U RI TI E S A N D E X C H A N G E C O M MI S SI O N W as hi n gt o n, D. C. 2 0 5 4 9 O M B A P P R O V AL O M B Nu m b er: 3 2 3 5- 0 1 2 3 Ex pir es: N o v . , 2 0 2 6 Esti m at e d av er a g e bur d e n h o urs p er res p o ns e: 1 2 ## A N N U AL R E P O R T S F O R M X 1 7 A - 5 P A R T III S E C FIL E N U M B E R 8-70883 F A CI N G P A G E I nf or m ati o n R e q uir e d P urs u a nt t o R ul es 1 7 a 5, 1 7 a 1 2, a n d 1 8 a 7 u n d er t h e S ec uriti es E xc h a n g e Act of 1 9 3 4 FILI N G F O R T H E P E RI O D B E GI N NI N G \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ A N D E N DI N G \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ M M/ D D/ Y Y M M/ D D/ Y Y A. R E GI S T R A N T I D E N TI FI C A TI O N N A M E O F FI R M: \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ T Y P E O F R E GI S T R A N T (c h eck all a p plic a bl e b ox es): Br ok er d e al er S ec urit y b as e d s w a p d e al er M aj or s ec urity b as e d s w a p p artici p a nt C h ec k h er e if r es p o n d e nt is als o a n O T C d eriv ativ es d e al er A D D R E S S O F P RI N CI P AL PL A C E O F B U SI N E S S: ( D o n ot us e a P. O. b ox n o.) \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( N o. a n d Str e et) \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( Cit y ( St at e) ( Zi p C o d e) P E R S O N T O C O N T A C T WI T H R E G A R D T O T HI S FILI N G \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( N a m e) ( Ar e a C o d e – T el e p h o n e N u m b er) ( E m ail A d dr ess) B. A C C O U N T A N T I D E N TI FI C A TI O N I N D E PE N D E N T P U BLI C A C C O U N T A N T w h os e r e p orts ar e c o nt ai n e d i n t his fili n g \* \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( N a m e – if i n divi d u al, st at e l ast, first, a n d mi d dl e n a m e) \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( A d dr ess) ( Cit y) ( St at e) ( Zi p C o d e) \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ ( D at e of R e gistr ati o n wit h PC A O B) (if a p plic a bl e) ( P C A O B R e gistr ati o n N u m b er, if a p plic a bl e) F O R O F FI CI AL U S E O NL Y 01/01/25 12/31/25 Fountainplace Securities Partners, LLC ■ 2312 Gaddy Dr Raleigh NC 27609 Angela Hajek 678-679-8640 finop@thefountainplacegroup.com NTT& Company PLLC 348 South US Hwy 77 Giddings TX 78942 3/19/19 6543 \* Cl ai ms f or ex e m pti o n fr o m t h e r e q uir e m e nt t h at t h e a n n u al r e p orts b e c o v er e d by t h e r e p orts of a n i n d e p e n d e nt p u blic acc o u nt a nt m ust b e s u p p ort e d b y a st at e m e nt of f acts a n d circ u mst a nc es r eli e d o n as t h e b asis of t h e ex e m pti o n. S e e 1 7 C F R 2 4 0. 1 7 a 5( e)( 1)(ii), if a p plic a bl e. P ers o ns w h o ar e t o r es p o n d t o t h e c oll ecti o n of i nf or m ati o n c o nt ai n e d i n t his f or m ar e n ot r e q uir e d t o r es p o n d u nl ess t h e f or m dis pl a ys a c urr e ntl y v ali d O M B c o ntr ol n u m b er. {1}------------------------------------------------ ## O A T H O R A F FI R M A TI O N | I, _
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of | | | | | | | \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_, 2 \_ \_ \_ \_ \_, is tr u e a n d c orr ect. I f urt h er s w e ar ( or affir m) t h at n eit h er t h e c o m p a n y n or a ny p art n er, offic er, dir ect or , or e q uiv al e nt p ers o n, as t h e c as e m a y b e, h as a n y pr o pri et ar y i nt er est i n a n y acc o u nt cl assifi e d s ol el y as t h at of a c ust o m er . 12/31 025 Si g n at ur e: \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ Titl e: \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ CEO ## T his fili n g \* \* co nt ai ns (c h ec k all a p plic a bl e bo x es): - ☐ (a) St at e m e nt of fi n a nci al c o n diti o n. ■ - ☐ (b) N ot es t o c o ns oli d at e d st at e m e nt of fi n a nci al c o n diti o n. - ☐ (c) St at e m e nt of i nc o m e (l oss) or, if t h er e is ot h er c o m pr e h e nsi v e i nc o m e i n t h e p eri o d(s) pr es e nt e d, a st at e m e nt of c o m pr e h e nsi v e i nc o m e ( as d efi n e d i n § 2 1 0. 1 -0 2 of R e g ul ati o n S -X) . ■ - ☐ ( d) St at e m e nt of c as h fl o ws. ■ - ☐ ( e) St at e m e nt of c h a n g es i n st oc k h ol d ers' or p art n ers' or s ol e pr o pri et or's e q uit y. ■ - ☐ (f) St at e m e nt of c h a n g es i n li a biliti es s u b or di n at e d t o cl ai ms of cr e dit ors. - ☐ ( g) N ot es t o c o ns oli d at e d fi n a nci al st at e m e nts. ■ - ☐ (h) C o m p ut ati o n of n et c a pit al u n d er 1 7 C F R 2 4 0. 1 5c 3 -1 or 1 7 C F R 2 4 0. 1 8 a 1, as a p plic a bl e. ■ - ☐ (i) C o m p ut ati o n of t a n gi bl e n et w ort h u n d er 1 7 C F R 2 4 0. 1 8 a -2. - ☐ (j) C o m p ut ati o n f or d et er mi n ati o n of c ust o m er r es er v e r e q uir e m e nts p urs u a nt t o Ex hi bit A t o 1 7 C F R 2 4 0. 1 5c 3 -3. - ☐ ( k) C o m p ut ati o n f or d et er mi n ati o n of s ec urit y-b as e d s w a p r es er v e r e q uir e m e nts p urs u a nt t o Ex hi bit B t o 1 7 C F R 2 4 0. 1 5c 3 -3 or Ex hi bit A t o 1 7 C F R 2 4 0. 1 8 a -4, as a p plic a bl e. - ☐ (l) C o m p ut ati o n f or D et er mi n ati o n of P A B R e q uir e m e nts u n d er Ex hi bit A t o § 2 4 0. 1 5c 3 3. - ☐ (m) I nf or m ati o n r el ati n g t o p oss essi o n or c o ntr ol r e q uir e m e nts f or c ust o m ers u n d er 1 7 C F R 2 4 0. 1 5c 3 -3. ■ - ☐ (n) I nf or m ati o n r el ati n g t o p oss essi o n or c o ntr ol r e q uir e m e nts f or s ec urit y -b as e d s w a p c ust o m ers u n d er 1 7 C F R 2 4 0. 1 5c 3 -3( p)( 2) or 1 7 C F R 2 4 0. 1 8 a -4, as a p plic a bl e. - ☐ (o) R ec o ncili ati o ns, i ncl u di n g a p pr o pri at e ex pl a n ati o ns, of t h e F O C U S R e p ort wit h c o m p ut ati o n of n et c a pit al or t a n gi bl e n et w ort h u n d er 1 7 C F R 2 4 0. 1 5c 3 -1, 1 7 C F R 2 4 0. 1 8 a -1, or 1 7 C F R 2 4 0. 1 8 a -2, as a p plic a bl e, a n d t h e r es er v e r e q uir e m e nts u n d er 1 7 C F R 2 4 0. 1 5c 3 -3 or 1 7 C F R 2 4 0. 1 8 a -4, as a p plic a bl e, if m at eri al diff er e nc es exist, or a st at e m e nt t h at n o m at eri al diff er e nc es exist. ■ - ☐ (p) S u m m ar y of fi n a nci al d at a f or s u bsi di ari es n ot c o ns oli d at e d i n t h e st at e m e nt of fi n a nci al c o n diti o n. - ☐ (q) O at h or affir m ati o n i n acc or d a nc e wit h 1 7 C F R 2 4 0. 1 7 a-5, 1 7 C F R 2 4 0. 1 7 a -1 2, or 1 7 C F R 2 4 0. 1 8 a -7, as a p plic a bl e . ■ - ☐ (r) C o m pli a nc e r e p ort i n acc or d a nc e wit h 1 7 C F R 2 4 0. 1 7 a -5 or 1 7 C F R 2 4 0. 1 8 a -7, as a p plic a bl e. - ☐ (s) Ex e m pti o n r e p ort i n acc or d a nc e wit h 1 7 C F R 2 4 0. 1 7 a 5 or 1 7 C F R 2 4 0. 1 8 a -7, as a p plic a bl e. ■ - ☐ (t) I n d e p e n d e nt p u blic acc o u nt a nt's r e p ort b as e d o n a n ex a mi n ati o n of t h e st at e m e nt of fi n a nci al c o n diti o n. - ☐ (u) I n d e p e n d e nt p u blic acc o u nt a nt's r e p ort b as e d o n a n ex a mi n ati o n of t h e fi n a nci al r e p ort or fi n a nci al st at e m e nts u n d er 1 7 C F R 2 4 0. 1 7 a -5, 1 7 C F R 2 4 0. 1 8 a -7, or 1 7 C F R 2 4 0. 1 7 a -1 2, as a p plic a bl e. ■ - ☐ (v) I n d e p e n d e nt p u blic acc o u nt a nt's r e p ort b as e d o n a n ex a mi n ati o n of c ert ai n st at e m e nts i n t h e c o m pli a nc e r e p ort u n d er 1 7 C F R 2 4 0. 1 7 a -5 or 1 7 C F R 2 4 0. 1 8 a -7, as a p plic a bl e. - ☐ (w) I n d e p e n d e nt p u blic acc o u nt a nt's r e p ort b as e d o n a r evi e w of t h e ex e m pti o n r e p ort u n d er 1 7 C F R 2 4 0. 1 7 a 5 or 1 7 C F R 2 4 0. 1 8 a -7, as a p plic a bl e. ■ - ☐ (x) S u p pl e m e nt al r e p orts o n a p pl yi n g a gr e e d-u p o n pr o ce d ur es, i n acc or d a nc e wit h 1 7 C F R 2 4 0. 1 5c 3 -1 e or 1 7 C F R 2 4 0. 1 7 a -1 2, as a p plic a bl e. - ☐ ( y) R e p ort d escri bi n g a n y m at eri al i n a d e q u aci es f o u n d t o exist or f o u n d t o h a v e exist e d si nc e t h e d at e of t h e pr evi o us a u dit, or a st at e m e nt t h at n o m at eri al i n a d e q u aci es exist, u n d er 1 7 C F R 2 4 0. 1 7 a -1 2( k). - ☐ (z) Ot h er: \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ \_ - \* \* T o r e q u est c o nfi d e nti al tr e at m e nt of c ert ai n p orti o ns of t his fili n g, s e e 1 7 C F R 2 4 0. 1 7 a -5( e)( 3) or 1 7 C F R 2 4 0. 1 8 a -7( d)( 2), as a p plic a bl e. {2}------------------------------------------------ ## FOUNTAINPLACE SECURITIES PARTNERS, LLC ## FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES With Report of Independent Registered Public Accounting Firm For the Year Ended December 31, 2025 {3}------------------------------------------------ ## TABLE OF CONTENTS | | Fountainplace Securities Partners, LLC | |------------------------|-------------------------------------------------------------------------------------------| | | TABLE OF CONTENTS | | | For the Year Ended December 31, 2025 | | | REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ………….……… 1 | | FINANCIAL STATEMENTS | | | | Statement of Financial Condition ……………………………………………………………… 2 | | | Statement of Income………………………………………………………………………… 3 | | | Statement of Changes in Member's Equity ……………………………………………………. 4 | | Statement of Cash | Flows ………………………………………………………………………. 5 | | | NOTES TO THE FINANCIAL STATEMENTS ……………………………………………… 6
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10 | | SUPPLEMENTAL SCHEDULES | | | | Schedule I: Computation of Net Capital under Rule 15c3-1 of the Securities and Exchange | | | Commission …………………………………………………………………… 11 | | | Schedule II: Computation of Determination of Reserve Requirements for Brokers and Dealers | | | Pursuant to Rule 15c3-3
under the Securities and Exchange Commission …… 12 | | | Schedule III: Information Relating to the Possession or Control Requirements under the | | | Securities and Exchange Commission Rule 15c3-3
.……………… 12 | | EXCHANGE ACT OF 1934 | EXEMPTION REPORT AS REQUIRED BY RULE 17A-5 UNDER THE SECURITIES | | | Report of Independent Registered Public Accounting Firm……………………………………13 | | | Exemption Report……………………………………………………………………………….14 | {4}------------------------------------------------ ## REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Fountainplace Securities Partners LLC: Opinion on Financial Statements We have audited the accompanying statement of financial condition of Fountainplace Securities Partners LLC (the "Company) as of December 31, 2025, and the related statements of income, member's and cash flows for the year then ended, including the related notes (collectively referred to as financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. We conducted our audit of these financial statements in accordance with the standards of the PCAOB. Those standards require that we estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit ## Basis for Opinion These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on the Companys financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. plan and perform the audit to obtain reasonable assurance about whether the financial statements are 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 statements, 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 statements. Our audit also included evaluating the accounting principles used and significant provides a reasonable basis for our opinion. ## Report on Supplementary Information The accompanying Net Capital Computations, Determination of Reserve Requirements and Possession & Control Requirements (Supplementary Information) contained in the supplemental information section has been subjected to audit procedures performed in conjunction with the audit of the Companys financial statement. The supplemental information is the responsibility of the Companys management. Our audit procedures included determining whether the supplemental information reconciles with the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with Rule 17a-5 under the Securities Exchange Act of 1934 and, if applicable, under Regulation 1.10 under the Commodity Exchange Act. In our opinion, the information contained in the Supplementary Information section is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the auditor for Fountainplace Securities Partners LLC since 202. Beaumont, Texas NTT & Company, PLLC 5865 Mistletoe Avenue Beaumont, TX 77707 512.766.8131 NathanTuttle@NTTCoCPA.com {5}------------------------------------------------ ## Fountainplace Securities Partners, LLC STATEMENT OF FINANCIAL CONDITION | Fountainplace Securities Partners, LLC | | | |----------------------------------------|--------------|--| | STATEMENT OF FINANCIAL CONDITION | | | | As of December 31, 2025 | | | | | | | | | | | | ASSETS
Cash | \$
35,590 | | | Prepaid expenses | 1,690 | | | Related party investment | 15,169 | | | Other assets | 302 | | | TOTAL ASSETS | \$
52,751 | | | LIABILITIES AND MEMBER'S EQUITY | | | | LIABILITIES | | | | Accounts payable & accrued liabilities | \$
3,048 | | | Due to related party | 1,500 | | | TOTAL LIABLITIES | \$
4,548 | | | COMMITMENTS AND CONTIGENCIES | - | | | MEMBER'S EQUITY | \$
48,203 | | | TOTAL LIABILITIES AND MEMBER'S | | | | EQUITY | \$
52,751 | | | | | | The accompanying notes are an integral part of these financial statements. Page 2 {6}------------------------------------------------ # Fountainplace Securities Partners, LLC STATEMENT OF INCOME | Fountainplace Securities Partners, LLC | | |----------------------------------------|---------------| | | | | For the Year Ended December 31, 2025 | | | | | | | | | REVENUES
Success fees | \$
73,500 | | Retainers | 27,500 | | Reimbursed expenses | 1,200 | | TOTAL REVENUES | \$
102,200 | | EXPENSES | | | Professional fees | \$
23,587 | | Technology, data, & communications | 27,300 | | Occupancy & equipment | 1,800 | | Regulatory fees | 2,191 | | Other expenses | 1,006 | | TOTAL EXPENSES | \$
55,884 | | | | The accompanying notes are an integral part of these financial statements. {7}------------------------------------------------ ## Fountainplace Securities Partners, LLC STATEMENT OF CHANGES IN MEMBERS EQUITY | Fountainplace Securities Partners, LLC | | | | |-----------------------------------------|----|----------|--| | STATEMENT OF CHANGES IN MEMBER'S EQUITY | | | | | For the Year Ended December 31, 2025 | | | | | | | | | | | | | | | | | | | | BALANCE AT DECEMBER 31, 2024 | \$ | 72,184 | | | Contributions | | 19,703 | | | Distributions | | (90,000) | | | Net income | | 46,316 | | | BALANCE AT DECEMBER 31, 2025 | \$ | 48,203 | | | | | | | | | | | | The accompanying notes are an integral part of these financial statements. {8}------------------------------------------------ ## STATEMENT OF CASH FLOWS | Fountainplace Securities Partners, LLC | | | |--------------------------------------------------------------------------------------------------|----------|--------------------------------| | STATEMENT OF CASH FLOWS | | | | For the Year Ended December 31, 2025 | | | | | | | | CASH FLOWS FROM OPERATING ACTIVITIES
Net income | \$ | 46,316 | | Adjustments to reconcile net income to net cash provided
by operating activities | | | | Prepaid expenses
Accounts receivable
Related party payables | | (150)
26,000
(2,903) | | Accounts payable and
accrued expenses
Unearned income | | 113
(2,000) | | Net cash provided by operating activities | \$ | 67,376 | | CASH FLOWS FROM INVESTING ACTIVITIES
CRD deposit
Net cash provided by investing activities | \$
\$ | 288
288 | | CASH FLOWS FROM FINANCING ACTIVITIES | | | | Contributions
Distributions
Net cash used by financing activities | \$
\$ | 19,703
(90,000)
(70,297) | | NET DECREASE
IN CASH | | (2,633) | | CASH AT BEGINNING OF YEAR | | 38,223 | | CASH BALANCE AT DECEMBER 31, 2025 | \$ | 35,590 | The accompanying notes are an integral part of these financial statements. {9}------------------------------------------------ For the Year Ended December 31, 2025 1. Organization and Nature of Business Fountainplace Securities Partners, LLC (the Company) is a North Carolina Limited Liability Company and registered broker dealer with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA). The Company operates mergers and acquisitions of advisory services, private placements of securities, and referral business. Effective December 4, 2023, the Company became a minority member in CFP Ventures, LLC, a North Carolina Limited Liability Company. CFP Ventures will operate to acquire and hold investment equity securities in various special purpose entities which will in turn invest in and will own various real estate assets. As of December 31, 2025, this company is illiquid, and no business has been done. 2. Significant Accounting and Reporting Policies ## Basis of Presentation The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States (GAAP) as determined by the Financial Accounts Standards Board (FASB) Accounting Standards Codification (ASC). The Company believes that the disclosures in these financial statements are adequate and not misleading. In the opinion of management, the financial statements contain all adjustments necessary for a fair presentation of the Companys financial position as of December31, 2025, and is not necessarily indicative of the results for any future period assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent ## 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 assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. ## Cash and Cash Equivalents The Company maintains its cash in a bank deposit account(s) which, at times, may exceed the federally insured limits. The Company monitors the bank account(s) and does not expect to incur any losses from such account(s). The Company has defined cash and cash equivalents as highly liquid investments with original maturities of less than ninety days that are not held-for-sale in the ordinary course of business. The recorded value of such instruments approximates their fair value. At December 31, 2025, the Company had no cash equivalents. {10}------------------------------------------------ For the Year Ended December 31, 2025 ## Current Expected Credit Losses 2. Significant Accounting and Reporting Policies Continued In March 2022, the FASB issues ASU 2022-02, ASC Subtopic 326 Credit Losses: Troubled Debt Restructurings and Vintage Disclosures. Since the issuance of Accounting Standards Update No. 2016-03, Financial Instruments Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, the Board has provided resources to monitor and assist stakeholders with the implementation of Topic 326. Post-Implementation Review (PIR) activities have included forming a Credit Losses Transition Resource Group, conducting outreach with stakeholders of all types, developing educational materials and staff question-and-answer guidance, conducting educational workshops, and performing an archival review of financial reports. ASU No. 2022-02 is effective for annual and interim periods beginning after December 15, 2022. The Company adopted as of January 1, 2023, and it did not have a significant impact on its consolidated financial statements. At December 31, 2025, The Company had no net receivables from executed contracts. Additionally, the guidance requires the Company to follow a five-step model to a) identify the ## Revenue The Company recognizes Revenue from Contracts with Customers in accordance with (ASC Topic 606). This revenue recognition guidance 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. contract with the 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 Company satisfies a performance obligation. In determining the transaction price, the Company may include variable consideration within the transaction price to the extent that is probable that a significant reversal of revenue will not occur when the uncertainty is subsequently resolved. Services within the scope of ASC Topic 606 include private securities placement, investment banking, and merger and acquisition (M&A) services. Investment banking and M&A services include agreements to provide advisory services to customers for which they will charge the customer fees. The Company provides corporate finance and financial advisory services such as private placements of debt and equity, mergers, and acquisitions (M&A) (sell-side and buy-side), recapitalization, accessing public debt and equity markets, valuations and fairness opinions, and business and strategic advice. {11}------------------------------------------------ For the Year Ended December 31, 2025 2. Significant Accounting and Reporting Policies Continued Revenue Continued Revenues from fees arising from private securities placement in which the Company acts as agent are recorded pursuant to the terms of the Companys agreements with the respective offering parties. Fees are recorded based upon the capital commitments obtained as of the closing for the respective placement when all performance obligations to the client have been completed. In certain engagements, clients are assessed non-refundable retainer fees. These retainer fees are either upfront payments paid solely in consideration of the engagement by the client or fees which are in relation to a defined period, which could range from a single payment to recurring payments for the duration of the contract. Such periods vary in length depending on the engagement, and the fees are apportioned over the period covered by the retainer fee and are considered earned when the performance obligations are satisfied. Non-refundable retainers which are not linked to a specific period of time are recognized when all performance obligations are satisfied. The Company has evaluated its non-refundable retainer payments to ensure the fees related to a transfer of a good or service, as a direct distinct performance obligation in exchange for the retainer. Success fees are owed to the Company on the closing of an M&A transaction, fairness opinion or similar transaction. The amount of the fee is stipulated in the Companys engagement contract with the client and is generally calculated as a percentage of the size of the relevant transaction or as a fixed fee. Success fees are recognized when the relevant investment banking transaction is closed. At December 31, 2025, the were \$0 outstanding success fees. ## Income Taxes The Company is a single member limited liability company that is treated as a disregarded entity for income tax purposes as all income or loss flows through to the Parent. Therefore, no income tax expense or liability is recorded in the accompanying financial statements. The Company follows the FASB Accounting Standards Codification (ASC) 740-10, Accounting for the Uncertainty in Income Taxes. Under FASB ASC 740-10, the Company is required to evaluate each of its tax positions to determine if they are more likely than not of being sustained when challenged or when examined by the applicable taxing authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax expense and liability in 2025. A tax position includes any entitys status, including its status as a pass-through entity, and the decision to not file a tax return. Management has evaluated the Companys tax positions and concluded that the Company has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance as of December 31, 2025. The Company is not currently under audit by any tax jurisdiction. {12}------------------------------------------------ For the Year Ended December 31, 2025 3. Related Parties The Company is an affiliate of Fountainplace Group Holdings, LLC (the Affiliate). In connection with this relationship, the Company and Fountainplace Group Holdings have executed an expense sharing agreement whereby the Company receives a monthly allocation of expenses under this agreement totaling \$150. Included in the total is a provision for rent. The Company recorded rent totaling \$1,200 related to the shared expense with the Affiliate 4. Net Capital Requirements The Company is subject to the SECs Uniform Net Capital Rule (SEC Rule 15c3-1) of the Securities Exchange Act of 1934 which requires maintenance of minimum net capital. Under the Rule, the Company is required to maintain minimum net capital, as defined, equal to the greater of \$5,000 or 6 2/3% of aggregate indebtedness. The ratio of aggregated indebtedness to net capital cannot exceed 1500% or 15:1. At December 31, 2025, the Company had net capital of \$31,043 which is \$26,043 in excess of its 5. Operating Lease Obligations classified as either finance or operating. The Company has no lease obligations that required 6. Subordinated Liabilities required net capital of \$5,000. The ratio of aggregate indebtedness to net capital was 14.65%. The Company is required to record a right-of-use asset and a corresponding lease liability on the balance sheet for all leases with terms greater than twelve (12) months. All such leases are to be recording or disclosures in the December 31, 2025, financial statements. 7. Commitments and Contingencies The Company had no liabilities subordinated to the claims of general creditors as of the beginning of 2025, end of 2025, and during 2025. The Company does not have any commitments or contingencies including arbitration or other litigation claims that may result in a loss or a future obligation. {13}------------------------------------------------ For the Year Ended December 31, 2025 8. Segment Reporting The Company is engaged in a single line of business as a securities broker dealer, providing investment banking services, such as private placement of securities within one line of business. The Company has identified its CEO as the chief operating decision maker (CODM), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM 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 dividends. The Companys operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. 9. Subsequent Events through the date of the issued financial statements. The Company has determined that there were Management has evaluated all events or transactions that occurred after December 31, 2025, no events that took place that would have a material impact on its financial statements. {14}------------------------------------------------ ## SCHEDULE I ## NET CAPITAL COMPUTATION # Computation of Net Capital under Rule 15c3-1 of the Securities and Exchange Commission ## COMPUTATION OF NET CAPITAL | Fountainplace Securities Partners, LLC | | |--------------------------------------------------------------------------------------------------------------|---------------------------------| | SCHEDULE I | | | NET CAPITAL COMPUTATION | | | | | | As of December 31, 2025 | | | COMPUTATION OF NET CAPITAL | | | TOTAL MEMBER'S EQUITY | \$
48,203 | | ADJUSTED NET WORTH | 48,203 | | LESS:
Non-allowable assets
Prepaid expenses
Private equity investment
Total non-allowable assets | (1,992)
(15,168)
(17,160) | | TENTATIVE NET CAPTIAL | \$
31,043 | | HAIRCUTS ON SECURITIES | - | | NET CAPITAL | \$
31,043 | | Minimum dollar net capital requirement of reporting broker dealer
(greater of \$5,000 or 6-2/3% of AI) | 5,000 | | EXCESS NET CAPITAL | \$
26,043 | | TOTAL AGGREGATE INDEBTEDNESS | 4,548 | | MINIMUM NET CAPITAL BASED ON AI | 303 | | PERCENTAGE OF NET CAPITAL TO AI | 14.65% | There are no material differences between net capital in Part IIA of Form X-17A-5 and net capital above. See accompanying report of independent registered public accounting firm. Page 11 {15}------------------------------------------------ ## SCHEDULE II ## DETERMINATION OF RESERVE REQUIREMENTS Computation for Determination of Reserve Requirements for Brokers and Dealers Pursuant to Rule 15c3-3 under the Securities and Exchange Act of 1934 For the Year Ended December 31, 2025 The Company is not required to file the above schedule as it is exempt from SEC Rule 15c3-3 pursuant to footnote 74 of SEC Release 34-70073 and does not hold customers monies or securities. ## SCHEDULE III ## POSSESSION & CONTROL REQUIREMENTS ## Information Relating to the Possession or Control Requirements under the Securities and Exchange Commission Rule 15c3-3 The Company is not required to file the above schedule as it is exempt from SEC Rule 15c3-3 pursuant to For the Year Ended December 31, 2025 footnote 74 of SEC Release 34-70073 and does not hold customers monies or securities. {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) ## Supplementary Schedules Pursuant to SEA Rule 17a-5 Ofthe Securities and Exchange Act of1934 For the Year-End December 31, 2025 ## Report ofIndependent Registered Public Accounting Firm - Exemption Report Review No Exemption: Pursuant to footnote 74 of SEC Release No. 34-70073 Jefferson Ellington Fountainplace Securities Partners LLC 2312 Gaddy Drive Dear Jefferson Ellington: Raleigh, NC 27609 We have reviewed management's statements, included in the accompanying Rule 15c3-3 Exemption Report provided to us pursuant to SEC Rule 17a-5, in which (1) Fountainplace Securities Partners LLC (the Company) did not claim an exemption under paragraph (k) of 17. C.F.R. §240.15c3-3, and (2) the Company is filing this Exemption Report relying on footnote 74 of SEC Release No. 34-70073 adopting to 17 C.F.R. §240.17a-5 because the Company limits its business activities exclusively to: Private placements of securities (excluding EB-5 and Regulation A+). In addition, the Company did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers other than money or other consideration received and promptly transmitted in compliance with paragraphs (a) or (b)(2) of Rule 15c2-4, and and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where to funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year, January 01, 2025, through December 31, 2025, without exception. Fountainplace Securities Partners LLCs management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Fountainplace Securities Partners LLCs compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based upon the Companys business activities contemplated by footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5, and related SEC Staff Frequently Asked Questions. Beaumont, Texas {17}------------------------------------------------ ## Raleigh, NC 27609 Partners LLC 2312 Gaddy Drive Eountainplaо u ## Fountainplace Securities Partners LLC - Exemption Report Beaumont, TX 77707 5865 Mistletoe Avenue To: NTT & Company. PLLC ## Re: 240.15c3-3(k) Excnange Lommission 9240.17a-5, "Reports to be made by certain brokers and dealers"). Fountainplace Securities Partners LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securitioc apd Euohn the Lompany states the following: This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1) and (4). To the best of our knowledge and helief - 1. The Company does not claim exemption under paragraph (k) of 17 C.F.R. § 240. 15c3-3, and - ess activitles hot conducted under a 15c3-3 exemption exclusively to: Private placements of securities (excluding EB-5 and Regulation A+l amendments IMMMg EMIS EREmption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting to 17 C.F.R. § 240.17a-5 besause the Company limits its bucinocc notiiti The cd AB accouhts (as detined in Rule 15c3-3) throughout the most recent fiscal year, January 01, 2025 through December 31, 2025, without exception subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers and (3) did not con grapn (a) or (b)(2 of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a Tnairectly Peceive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promatly transmitted in complianco with narngronh )( The Comnany: (1) did not dirocthu FOUNTAINPLACE SECURITIES PARTNERS LLC covering the period January 01, 2025 through December 31, 2025, is true and correct. I, Jefferson Ellington, do hereby affirm that to the best of my knowlędge and belief. this Exemntion Benort CEO Jefferson Ellington Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.