Exhibit 23.2


            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration
Statement on Form S-8 (Nos. 333-123066 filed March 1, 2005) of First Montauk
Financial Corp. of our report dated March 18 2004, relating to the consolidated
financial statement and financial statement schedule of First Montauk Financial
Corp., which appears in its Annual Report on Form 10-K for the year ended
December 31, 2005.


/s/ Schneider & Associates, LLP
Jericho, New York
March 31, 2006