box 25 - sec · 2014-06-24 · dc.ilo 0mb approval 0mb number 3235-01 23 expires february 282010...
TRANSCRIPT
DC.ilo
0MB APPROVAL
0MB Number 3235-01 23
Expires February 282010Estimated average burden
hours per response 12.00
REGISTRANT IDENTIFICATION
NAME OF BROKER-DEALER SC ER AL CR UP OIFICIAL USE ONLY
ADDRESS OF PRINCIPAL PLACE OF BUSINESS Do not use Box No FIRM NO
1101 BAYSIDEDRIVE5UITE 201
No and Street
CORONA DEL MAR CA 25City State Zip Code
NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS REPORT
HflIMFS PRFSIDFNT 9497200640Area Code Telephone Number
ACCOUNTANT IDENTIFICATION
INDEPENDENT PUBLIC ACCOUNTANT whose opinion is contained in this Report
KMJ CORBIN COMPANY LLP
Name individual state last first middle name
555 ANTON BLVD SUITE 1000 COSTA MESA CA 92626
Address
Certified Public Accountant
Public Accountant
Accountant not resident in United States or any of its possessions
FOR OFFICIAL USE ONLY
claims for exemption from the requfrement that the annual report be covered by the opinion of an independent public accountant
must be supported by statement offacts and circumstances relied on as the basis for the exemption See Section 240.1 7a-5e2
Potential persons who are to respond to the collection ofInformation contained In this form are not required to respondunless the form displays currently valid 0MB control number
SEC MaU Processing
Sectic
APR 11 zkiiU
COMMISSIONsningtonD.C 20549
ANNUAL AUDITED RERTFORM X-17A-
PART III
FACING PAGEInformation Required of Brokers and Dealers Pursuant to Section 17 of the
Securities Exchange Act of 1934 and Rule 17a-5 Thereunder
REPORTFORTHEPERIODBEGINNING 01/01 /2009 ANDENDING__1 2/31 /2009
MM/DD/YY MM/DD/YY
SEC FILE NUMBER
8-
CHECK ONE
City State Zip Code
SEC 1410 06-02
OATH OR AFFIRMATION
DOYLE HOLMES swear or affirm that to the best of
my läiowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of
IIISCHLER FINNCIL GROuP INC asof DECEMBER 31 2009 are true and correct further swear or affirm that
neither the cOmpany nor any partner proprietor principal officer or director has any proprietary interest in any account
classified solely as that of customer except as follows
Signature4_ DOYLE HOLlIES
PRESIDENTTitle
SF YLUITUSUS.JEGLj.I NbOTPRY
PUBLICThis report contains chec app icable oxes range County
II Facing Page Mv Gomm Expires Jun 2010
Statement of Financial Condition
Statement of Income LossStatement of Changes in Financial Condition
Statement of Changes in Stockholders Equity or Partners or Sole Proprietors Capital
Statement of Changes in Liabilities Subordinated to Claims of Creditors
Computation of Net Capital
Computation for Determination of Reserve Requirements Pursuant to Rule 5c3-3
Information Relating to the Possession or Control Requirements Under Rule 5c3-3
Reconciliation including appropriate explanation of the Computation of Net Capital Under Rule 5c3-1 and the
Computation for Determination of the Reserve Requirements Under Exhibit of Rule 5c3-3
Reconciliation between the audited and unaudited Statements of Financial Condition with respect to methods of
consolidation
An Oath or Affirmation
copy of the SIPC Supplemental Report
report describing any material inadequacies found to exist or found to have existed since the date of the previous audit
For conditions of confidential treatment of certain portions ofthisfihing see section 240.1 7a-5e
MISCHLER FINANCIAL GROUP INC
SEC ID No 8-48067
TRANSITIONAL ASSESSMENT RECONCILIATION
FORM SIPC-7T
For the Year Ended December 31 2009
with
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ONAPPLYING AGREED-UPON PROCEDURES RELATED TO AN ENTITYS
SIPC ASSESSMENT RECONCILIATIONTHEREON
MJ CorbinCompany
Business Advisors Tax and Audit
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ONAPPLYING AGREED-UPON PROCEDURES RELATED TO AN ENTITYS SIPC
ASSESSMENT RECONCILIATION
Board of Directors
Mischler Financial Group Inc
In accordance with Rule 7a-5e4 under the Securities Exchange Act of 1934 we have
performed the procedures enumerated below with respect to the accompanying Transitional
Assessment Reconciliation Form SIPC-7T to the Securities Investor Protection Corporation
SIPC for the year ended December 31 2009 which were agreed to by Mischler Financial
Group Inc the Company and the Securities and Exchange Commission Financial Industry
Regulatory Authority Inc and SIPC solely to assist you and the other specified parties in
evaluating the Companys compliance with the applicable instructions of the Transitional
Assessment Reconciliation Form SIPC-7T The Companys management is responsible for the
Companys compliance with those requirements This agreed-upon procedures engagement was
conducted in accordance with attestation standards established by the American Institute of
Certified Public Accountants The sufficiency of these procedures is solely the responsibility of
those parties specified in this report Consequently we make no representation regarding the
sufficiency of the procedures described below either for the purpose for which this report has been
requested or for any other purpose The procedures we performed and our findings are as follows
Compared the listed assessment payments in Form SIP C-7T with respective cash
disbursement records entries and copies of cancelled checks noting no differences
Compared the total revenues reported in Part III of the Annual Audit Report on Form
7A-5 for the year ended December 31 2009 and reconciled it to the total revenue reported
in each of the four quarterly FOCUS reports line code 4030 filed for the year ended
December 31 2009 noting no differences compared the total revenue reported in the last
three quarterly FOCUS reports line code 4030 filed for the year ended December 31
2009 to total revenue reported in Form SIPC-7T for the period from April 2009 through
December 31 2009 noting no differences
Compared adjustments reported in Form SIPC-7T with supporting schedules and working
papers detail of annuity contracts revenue and general ledger transaction detail of other
income accounts noting no differences
Proved the arithmetical accuracy of the calculations reflected in Form SIPC-7T and in the
related schedules and working papers revenue listing of annuities contracts and general
ledger transaction detail by account supporting the adjustments noting no differences and
P74 380 6565 714 380 6566 555 Anton Blvd Suite 1000 Costa Mesa CA 92626 kmpartnerscpa.com
760 431 5465 760 431 5466 2768 Loker Avenue West Suite 101 Carlsbad CA 92010
Compared the amount of any overpayment applied to the current assessment with the Form
SIPC-7T on which it was originally computed noting no differences
We were not engaged to and did not conduct an examination the objective of which would be the
expression of an opinion on compliance Accordingly we do not express such an opinion Had we
performed additional procedures other matters might have come to our attention that would have
been reported to you
This report is intended solely for the information and use of the specified parties listed above and is
not intended to be and should not be used by anyone other than these specified parties
McuLLpKMJ Corbin Company LLP
Costa Mesa California
March 26 2010
SECURITIES INVESTOR PROTECTION CORPORATION805 15th St P1W Suite 800 Wahlngton D.C 20005-2215
202-371-8300
Transitional AssessInent Reconciliation
Rd carefully Ihe lnGtruotionn in ynur Wcrklnp Copy bft comoJtin thi Fprm
TO BE FlLEt ALL $IPC MEM$ER8 WITH FiSCAL YEAR ENDlNS
Farae of Member address Deagnated xamining Authority 1934 Act reis1rstion and month in which fiscal yenr ends farurpoees of the eudil requIramct of SEO Rule 17e-5
Note It any the intormaton shown on the rnailin falel
reur9n urectlon PIEaee e-mail any eOrrecfionn to
[email protected] end Indicate en the totrn filed
Name ana teJepone number of parson to contact
this farm
t5neral Assessnierit Iltem 20 tram page not lass than $150 mlnlmumJ
Less payment made wIth 3lPC- filed including $150 paid with 2009 SIPC-4 exclude interest
0at Paid
Less prIor overpayment applied
Aeasment bance due or ovarpaynhent
lntereat coreptited en late pymen1 sea Intructin for_ .dys 20%par anrluni
Total asoment balenue and Interest due or overpayment carried Forward
PAID WITH THIS FQRl4
Check enolosed payable to SIPC
Totel be same as above
Qverpytert carried forward 2g
//
25
---c1Pz/
SubsidiarIes nd predesnors flcluaed in this form give narita and 1934 Act registratioc number
Dates
LU
Calculations
Exptions
üipoition af oxoeptons
SIPG.7T
29-REV 12109
SIpC-7T
REV 12/09
048067 P1NRA DCMIGCHLER FINANCiAL GROUP INC
1101 AYSIDR5TCi1QOROr DL MAR -i7Yi
The SIPC member ubmlttlng this form and the
person by whom ills euted represent therebyIhat all infrjaation contained hrjfl is true correct
and comp.1 -i hfC.j4
of cQIporai aeeh
tAijtriz 5intral
It1r.7DatQd the l1-H day ifri.i 20J
ThiiThis form and the assessment payment lb due 60 days after the and of the fiscal year Retain the Working Copy of thia formbr perloç of not lou than yea the letut years In
wully accsolbIe place
Reviewed
Documentation __________ Forward Copy
DETERMINATIONOF SIPC NET OPERATING REVENUESAND GENERAL ASSESSMENT
Item No
2c Total rovxnrie FOOLS Line 15/Pert HA Use Cede 4020
AddltIon
Total revenues train the securities business of arboidiaries except foreign subsidiries and
prepaceaors not included above
Net less fromprincipal rnsactions sethxities in trading accounts
Rot eu from principal transaotions in cOmrtodities tradnp accounts
lrirf end dividend expens deducted In dotarmlsThsern
Net lose Iron managenent of or partIclpafon In the undarwiting or distribution of securities
Expanses other than advertining printing1 reglstrate tees andlegal tees daducted In delernhining ne
profit troin managenrant of or psriioiaetien in vnderwriting or diatriburion of securities
71 Mel loss freni securities in investment accounts
Total additions
2o Deductions
RevenuO from the dIstribution of shares of regislered open end Investmentcompany or unit
inveatment trust tram the sale of vehlebiQ wnnuitive from ho busing of I.nouranoe rom investment
advlsocy service rendered to registered investmentcsrrrpafllss or tnsunace cQmpany separate
accounts and from transactions in security futures products.
Revenues from commodity transactions
CommissIons finot brokerage and clearance paid to other SIPO members connection with
securities iroasaulions
Amounts for the fiscal period
baqfnnlng April 2009
and endingPJc 2021Eliminate cents
ro j3
rA
có
C6
16
7/Co
95
c2S
$7
77 nc7
q7 y7s__J4to page but not less than
$150 minimum
Reirnbvrsemonts for postege In conneoBon with proxy solIcItatIon
Netpain
horn sonorities in investment accOunts
OQ% of commissions and markups earn from transactions in certificates deposit and
ii Treaiury bills bankers aocepna.ces çr cournjeroiaj paper that mature nN montes or teas
front issuerree late
DIrect expenses printing avertislng ano legal fea incurred In connection with Other revenue
related to the sanurittes business revenue defined by Section S9L çf the Aol
at Uther revenue not rotated eitherdircoily or indirectly fe the aecerlilta buninzo
See instructIon
II Total Interest and dividend exhense FOCUS Line 22/PART IfALine ISCads 4076 pius tine 2b4 nbove but not in excess
of tarot interest and dividend inDome
tI 40% of interest earned cc customers neourities accounts
40% of FOCUS line Code 3960
Ester the greater of line or II
05
Total deductions
2d SIPO Net Operating Revenues
2e General Assessineni .0025
MISCHLER FINANCIAL GROUP INCSEC ID No 8-48067
TRANSITIONAL ASSESSMENT RECONCILIATION
FORM SIPC-7T
For The Year Ended December 31 2009