8. Investment In and Advances to Affiliates (Tables)

3 Months Ended

Mar. 31, 2014

SiebertBrandfordShankCoLLC

Investment In and Advances to Affiliate

Summarized financial data of SBS is set forth below.

	March 31, 2014		March 31, 2013
Total assets, including secured demand note of $1,200,000 due from Siebert	$	31,634,000
Total liabilities, including subordinated liabilities of $1,200,000 due to Siebert		14,246,000
Total members’ capital		17,388,000
Regulatory minimum net capital requirement		250,000
Total revenues		7,735,000		3,995,000
Net Income		1,481,000		(1,229,000	)

SBSFinancialProductsCoLLC

Investment In and Advances to Affiliate

Summarized financial data of SBSFPC is set forth below.

	March 31, 2014			March 31, 2013
Total assets	$	568,000
Total liabilities		—
Total members’ capital		568,000
Total revenues		—			(222,000	)*
Net loss		(1,000	)		(275,000	)

*Negative balance was attributable to unrealized loss on derivative contracts.