CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 9,420,000	$ 6,749,000
Cash equivalents - restricted		1,532,000
Receivable from brokers	$ 626,000	788,000
Receivable from business sold to former affiliate net of unamortized discount of $908,000 and $1,143,000	2,092,000	$ 1,857,000
Other receivable from former affiliate, including accrued interest of $46,000	4,046,000
Securities owned, at fair value	593,000	$ 488,000
Furniture, equipment and leasehold improvements, net	$ 374,000	609,000
Investments in and advances to former affiliate		7,979,000
Prepaid expenses and other assets	$ 634,000	718,000
Intangibles, net		8,000
Assets	$ 17,785,000	20,728,000
Liabilities:
Accounts payable and accrued liabilities, including $171,000 payable to former affiliate in 2015	2,102,000	2,176,000
Total liabilities	$ 2,102,000	$ 2,176,000
Commitments, contingencies and other
Stockholders' equity:
Common stock, $.01 par value; 49,000,000 shares authorized, 23,211,846 shares issued, 22,085,126 shares outstanding	$ 232,000	$ 232,000
Additional paid-in capital	19,490,000	19,490,000
Retained earnings	721,000	3,590,000
Less: 1,126,720 shares of treasury stock, at cost	(4,760,000)	(4,760,000)
Stockholders' equity	15,683,000	18,552,000
Liabilities and Stockholders' equity	$ 17,785,000	20,728,000
SBSF
ASSETS
Cash and cash equivalents		20,065,062
Accounts receivable		1,593,614
Due from broker		2,522,557
Secured demand note		1,200,000
Goodwill - Note B		1,001,000
Issuer relationships, net of amortization of $41,212 - Note B		777,788
Furniture, equipment and leasehold improvements, net		684,736
Other assets		673,276
Assets		28,518,033
Liabilities:
Payable to affiliate		104,320
Asset purchase obligation payable to affiliate, net of unamortized discount of $1,143,359		1,856,641
Accounts payable and accrued liabilities, including $171,000 payable to former affiliate in 2015		4,747,648
Deferred rent		549,287
Current liabilities		7,257,896
Subordinated debt		5,200,000
Total liabilities		$ 12,457,896
Commitments, contingencies and other
Stockholders' equity:
Members' capital		$ 16,060,137
Liabilities and Stockholders' equity		$ 28,518,033