U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB

(Mark One)
[X]      Quarterly  Report under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934

                For the quarterly period ended September 30, 2003


[_]      Transition Report under Section 13 or 15(d) of the Exchange Act for the
         Transition Period from ________ to ___________

                        Commission File Number: 000-50292

                                WIEN GROUP, INC.
        (Exact name of small business issuer as specified in its charter)

         New York                                                30-0127996
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

                              525 Washington Blvd.
                          Jersey City, New Jersey 07310
                    Issuer's Telephone Number: (201) 216-0096
            (Address and phone number of principal executive offices)



         Check whether the issuer (1) filed all reports  required to be filed by
Section  13 or 15(d) of the  Exchange  Act  during  the past 12 months  (or such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements  for the past 90 days.
                               Yes [X]    No [_]

         The  Registrant has 3,014,636  shares of Common stock,  par value $0.01
per share outstanding as of October 31, 2003.

         Transitional  Small Business  Disclosure  Format (check one)
                               Yes [_]    No [X]


<PAGE>


                            INDEX TO QUARTERLY REPORT
                                 ON FORM 10-QSB



PART I   FINANCIAL INFORMATION
                                                                            PAGE
Item 1.  Financial Statements

         Condensed Consolidated Balance Sheet
            September 30, 2003 (Unaudited) ................................    3

         Condensed Consolidated Statements of Operations
            Three Months Ended September 30, 2003 and
            2002 (Unaudited) ..............................................    4

         Condensed Consolidated Statement of Changes in
         Stockholders' Equity
            Three Months Ended September 30, 2003 (Unaudited) .............    5

         Condensed Consolidated Statements of Cash Flows
            Three Months Ended September 30, 2003 and
            2002 (Unaudited) ..............................................    6

         Notes to Condensed Consolidated Financial Statements
            (Unaudited) ...................................................    7

Item 2.  Management's Discussion and Analysis or Plan of
            Operation .....................................................   10

Item 3.  Controls and Procedures ..........................................   12


PART II  OTHER INFORMATION

Item 1.  Legal Proceedings ................................................   13

Item 2.  Changes in Securities and Use of Proceeds ........................   13

Item 3.  Defaults upon Senior Securities ..................................   13

Item 4.  Submission of Matters to a Vote of Security Holders ..............   13

Item 5.  Other Information ................................................   13

Item 6.  Exhibits and Reports on Form 8-K .................................   13

Signatures ................................................................   14


                                       2
<PAGE>


PART I   FINANCIAL INFORMATION
ITEM 1.  FINANCIAL STATEMENTS

WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED)
SEPTEMBER 30, 2003
--------------------------------------------------------------------------------

ASSETS

Cash and cash equivalents ....................................        $  87,859
Securities, available for sale, at market value ..............           33,000
Interest receivable ..........................................            4,128
Note receivable, related party ...............................           25,000
                                                                      ---------

                                                                      $ 149,987
                                                                      =========


LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Loans payable, related party .................................        $  30,000
Accrued expenses .............................................           20,000
                                                                      ---------
                                                                         50,000
                                                                      ---------

MINORITY INTEREST ............................................           16,500
                                                                      ---------

STOCKHOLDERS' EQUITY
Preferred stock, Series A convertible, $0.01
par value, 1,000 shares authorized, no shares
issued .......................................................             --
Common stock; $0.01 par value, 25,000,000
shares authorized, 3,022,000 shares issued and
3,014,636 outstanding ........................................           30,220
Additional paid in capital ...................................          172,780
Accumulated deficit ..........................................         (119,513)
Treasury stock, 7,364 shares at cost .........................             --
                                                                      ---------
                                                                         83,487
                                                                      ---------

                                                                      $ 149,987
                                                                      =========


See notes to condensed consolidated financial statements


                                       3
<PAGE>


WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
THREE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
--------------------------------------------------------------------------------

                                                        2003            2002
                                                    -----------     -----------

REVENUE

Fee income .....................................    $      --       $    10,500
Interest and dividend income ...................            800             317
Realized loss on sale of securities ............           --            (1,025)
                                                    -----------     -----------
                                                            800           9,792
                                                    -----------     -----------

EXPENSE

Legal and accounting fees ......................         19,000           9,312
Transfer agent fees ............................          1,800           1,401
Consulting fees ................................           --             1,500
Other expenses .................................            795           1,196
                                                    -----------     -----------
                                                         21,595          13,409
                                                    -----------     -----------

Loss before minority interest in joint
   venture earnings ............................        (20,795)         (3,617)

Minority interest in joint venture earnings ....           --            (4,000)
                                                    -----------     -----------

Net loss .......................................    $   (20,795)    $    (7,617)
                                                    ===========     ===========


Basic and diluted net loss per share ...........    $     (0.01)    $     (0.00)
                                                    ===========     ===========

Weighted average number of shares
   outstanding .................................      3,001,430       2,970,046
                                                    ===========     ===========


See notes to condensed consolidated financial statements


                                       4
<PAGE>

<TABLE>

WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED)
THREE MONTHS ENDED SEPTEMBER 30, 2003
--------------------------------------------------------------------------------

<CAPTION>

                                COMMON STOCK                                    TREASURY STOCK
                           ---------------------    PAID IN   ACCUMULATED   --------------------
                            SHARES       AMOUNT     CAPITAL     DEFICIT      SHARES      AMOUNT      TOTAL
                           ---------   ---------   ---------   ---------    ---------   --------   ---------

<S>                        <C>         <C>         <C>         <C>              <C>     <C>        <C>
BALANCE-JULY 1, 2003 ...   2,997,000   $  29,970   $ 168,030   $ (98,718)       7,364   $   --     $  99,282

Issuance of common stock
    for cash ...........      25,000         250       4,750        --           --         --         5,000

Net loss ...............        --          --          --       (20,795)        --         --       (20,795)
                           ---------   ---------   ---------   ---------    ---------   --------   ---------

BALANCE-
    SEPTEMBER 30, 2003 .   3,022,000   $  30,220   $ 172,780   $(119,513)       7,364   $   --     $  83,487
                           =========   =========   =========   =========    =========   ========   =========
</TABLE>


See notes to condensed consolidated financial statements


                                       5
<PAGE>


WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
THREE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
--------------------------------------------------------------------------------

                                                            2003         2002
                                                         ---------    ---------
CASH FLOWS FROM OPERATING ACTIVITIES

Net loss .............................................   $ (20,795)   $  (7,617)
                                                         ---------    ---------
Adjustments to reconcile net loss to net
cash used in operating activities
Realized loss on sale of securities ..................        --          1,025
Accounts receivable ..................................        --          2,000
Interest receivable ..................................        (750)        --
Accrued expenses .....................................      (6,566)       4,221
                                                         ---------    ---------
Total adjustments ....................................      (7,316)       7,246
                                                         ---------    ---------

NET CASH USED IN OPERATING ACTIVITIES ................     (28,111)        (371)
                                                         ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES

Proceeds from sale of securities .....................        --         10,900
                                                         ---------    ---------

CASH FLOWS FROM INVESTING ACTIVITIES

Issuance of common stock for cash ....................       5,000         --
                                                         ---------    ---------

NET CHANGE IN CASH AND CASH EQUIVALENTS ..............     (23,111)      10,529

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD ......     110,970      111,815
                                                         ---------    ---------

CASH AND CASH EQUIVALENTS - END OF PERIOD ............   $  87,859    $ 122,344
                                                         =========    =========


Supplemental disclosure of cash flow information:
Cash paid during the periods for:

Income taxes .........................................   $    --      $     234
                                                         =========    =========


See notes to condensed consolidated financial statements


                                       6
<PAGE>


WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
SEPTEMBER 30, 2003
-------------------------------------------------------------------------------


1.       BASIS OF PRESENTATION AND ORGANIZATION

         BASIS OF PRESENTATION

         In the opinion of the Company's management,  the accompanying unaudited
         consolidated  financial statements reflect all adjustments,  consisting
         of normal recurring accruals,  necessary for a fair presentation of the
         consolidated  financial  position  of the Company as of  September  30,
         2003, and the consolidated results of its operations and its cash flows
         for the three months ended  September 30, 2003 and 2002. The results of
         operations  for the three months  ended  September  30,  2003,  are not
         necessarily indicative of the results to be expected for the full year.
         Certain amounts for the three months ended September 30, 2002 have been
         reclassified  to conform to the  presentation  of amounts for the three
         months ended September 30, 2003.

         The accompanying  unaudited consolidated financial statements have been
         prepared in conformity with accounting principles generally accepted in
         the United States of America and with the  instructions to Form 10-QSB.
         Certain  information and accounting  policies and footnote  disclosures
         normally included in financial  statements  prepared in conformity with
         accounting  principles  generally  accepted  in the  United  States  of
         America have been condensed or omitted  pursuant to such  instructions.
         These condensed  consolidated  financial  statements  should be read in
         conjunction  with  the  consolidated  financial  statements  and  notes
         thereto  included in the Company's annual report on Form 10-KSB at June
         30, 2003.

         ORGANIZATION

         Wien Group,  Inc. (the  "Company") was originally  incorporated  in New
         York in 1968 and became known as Wien Group,  Inc. in 1974. The Company
         conducted a public  relations  business and traded in the public market
         until December 1991 when the corporation ceased operations. The Company
         remained inactive until September 1998 when the corporation  reacquired
         its good  standing  status with the State of New York.  The Company did
         not conduct any  business  through  July 2001,  when it  initiated  its
         current business.

         The Company provides corporate financial advisory services to small and
         emerging  companies  that require  advisory  services to continue their
         growth within their respective industry.  The Company primarily focuses
         on the manufacturing,  retail,  music & entertainment,  and health care
         industries.  These services include:  general corporate finance, merger
         and  acquisition  advisory  services,  consulting on overall  corporate
         strategy,    facilitating    asset-based    lending,    and   arranging
         equipment-leasing contracts. The Company considers all of its corporate
         financial advisory services as operations in a single segment.


                                       7
<PAGE>


WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
SEPTEMBER 30, 2003
--------------------------------------------------------------------------------


         The  Company  and  its  joint  venture  partner  United   Institutional
         Investors,  Inc.  ("United") have developed a network of  relationships
         through  which  potential  clients  are  introduced.  This  network  is
         currently the primary  resource for  originating  business.  To further
         expand  our  client  base we  intend,  as soon as  financial  resources
         permit,   to  commence  a  marketing   campaign  that  involves   print
         advertisements in targeted trade publications.

2.       SECURITIES

         Securities owned consist of publicly and non-publicly traded securities
         which are subject to certain  selling  restrictions.  During the period
         ended  September 30, 2002,  the Company sold its investment in Aberdeen
         Asia  Pacific  Prime  Income  Fund for  $10,900,  which  resulted  in a
         realized loss of $1,025. Securities received for services are valued at
         cost, which in management's opinion approximates fair value due to lack
         of marketability and selling restrictions.

         Securities,  available  for sale consist of the  following at September
         30, 2003:

           SHARES
           ------

           50,000   Security Intelligence Technologies, Inc.   $  5,000
          200,000   GSI Technologies USA Inc. ..............      5,500
            7,500   IWT Testoro Corp. ......................      7,500
           25,000   Health Re-Nu ...........................     15,000
          100,000   Bio Defense Corporation ................       --
                                                               --------
                                                               $ 33,000

3.       NOTES RECEIVABLE, RELATED PARTY

         In May 2002, the Company loaned $25,000 to Sassoon Financial  Holdings,
         Inc. The note was originally due July 14, 2002 with interest at 12% per
         annum. The note was subsequently  extended through November 30, 2003 at
         the same rate of interest.  The Company's executive vice president is a
         director of Sassoon.


                                       8
<PAGE>


WIEN GROUP, INC. AND CONSOLIDATED JOINT VENTURE

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
SEPTEMBER 30, 2003
--------------------------------------------------------------------------------


4.       LOANS PAYABLE, RELATED PARTY

         On June 22, 1999, the Company borrowed $5,000; and on October 26, 1999,
         the Company borrowed an additional $25,000 from Wien Securities,  Inc.,
         an entity in which the Company's president and principle shareholder is
         an officer and director.  Under the terms of the promissory  notes, the
         Company pays no interest on the outstanding balances. The notes are due
         and payable on December 31, 2003.

         On July 30,  2003,  the Company  and Wien  Securities,  Inc.  agreed to
         settle its $30,000 loan in exchange for 150,000 shares of the Company's
         common  stock.  Issuance of these shares was not completed at September
         30, 2003.

5.       COMMON STOCK TRANSACTIONS

         The Company  issued  25,000 shares of its common stock during the three
         months ended September 30, 2003 for total proceeds of $5,000.

6.       RELATED PARTY TRANSACTIONS

         On July 1, 2001 the Company entered into a joint venture agreement with
         United,  an entity  controlled  by our  executive  vice  president  and
         director.  Under  the terms of the  agreement,  the  Company  will work
         jointly,  on a  non-exclusive  basis,  with United to provide  advisory
         services to small and emerging growth companies. These services include
         corporate finance, merger and acquisition advisory services, consulting
         on overall corporate strategy,  and facilitating  asset-based  lending.
         Under  the  terms of the  agreement,  the  Company  will pay 50% of the
         expenses  incurred by the joint  venture and will share  equally in all
         revenues derived by the joint venture.  The agreement gives the Company
         full,  exclusive  and  complete  discretion  in the  management  of the
         business of United,  therefore,  the consolidated  financial statements
         include the accounts of Wien Group, Inc. and United.

         The Company's  offices are provided  without rent by an entity which is
         owned  and   controlled  by  the  Company's   president  and  principal
         shareholder.

7.       SUBSEQUENT EVENT

         In October 2003, the Company's  attorney requested to settle $10,000 of
         its  outstanding  legal  fees in  exchange  for  50,000  shares  of the
         Company's common stock.


                                       9
<PAGE>


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

FORWARD-LOOKING STATEMENTS

This quarterly report and other reports issued by the Company, including reports
filed with the Securities and Exchange Commission, may contain "forward-looking"
statements,  within the meaning of the Private Securities  Litigation Reform Act
of 1995, that deal with future results, plans or performances.  In addition, the
Company's  management  may make such  statements  orally,  to the  media,  or to
securities   analysts,   investors  or  others.   Accordingly,   forward-looking
statements  deal with matters that do not relate  strictly to historical  facts.
The Company's future results may differ  materially from historical  performance
and forward-looking statements about the Company's expected financial results or
other plans are subject to a number of risks and uncertainties. This section and
other  sections  of  this  quarterly  report  may  include  factors  that  could
materially and adversely impact the Company's financial condition and results of
operations.  Given these  risks and  uncertainties,  investors  should not place
undue reliance on forward-looking  statements as a prediction of actual results.
The Company  undertakes no  obligation  to revise or update any  forward-looking
statements after the date hereof.

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002

GENERAL

We had no revenue from  consulting  and  investment  banking  during the quarter
ended September 30, 2003 and $10,500 during the same period in 2002.  During the
quarter ended  September 30, 2003, we entered into no new contracts  compared to
three during the same period in 2002.

Interest and dividend  income was $800 during the quarter  ended  September  30,
2003 and $317  during the same period in 2002,  a decrease of $483 or 152%.  The
decrease was due to lower interest rates and less capital invested.

We had no realized gains or losses on the sale of securities  during the quarter
ended  September  30, 2003 and incurred a realized loss of $1,025 on the sale of
securities during the same period in 2002.

COSTS AND EXPENSES

During the quarter ended  September  30, 2003 our expenses  increased to $21,595
from $13,409 for the quarter  ended  September  30,  2002.  This  represents  an
increase of $8,186, or approximately  61%. This increase was due primarily to an
increase in  professional  fees of $9,688 and a decrease in  consulting  fees of
$1,500.

Overall,  our losses  increased to $20,795 for the quarter  ended  September 30,
2003,  from $7,617 in the same period in 2002.  This  represents  an increase of
$13,178,  or  approximately  173%.  As a  result  of our  principal  shareholder
allowing  the Company to utilize  office  space at no cost,  we did not have any
rent expense during the quarter ended September 30, 2003. Additionally, both our
president and executive vice president  agreed not to take any salary until cash
flow permits.


                                       10
<PAGE>


PLAN OF OPERATION

During the next 12 months we intend to continue to develop our core  business of
providing  corporate financial advisory services to small and emerging companies
that require advisory  services to continue their growth within their respective
industry.  We primarily will continue to focus on business in the manufacturing,
retail,  music &  entertainment,  and health  care  industries.  These  services
include:  general corporate finance,  merger and acquisition  advisory services,
consulting on overall corporate strategy,  facilitating asset-based lending, and
arranging equipment-leasing contracts.

Within the next few months we intend to apply for a listing of our common  stock
on  either  the  Over-The-Counter  Bulletin  Board  System  or the  Pink  Sheets
Electronic Quotation Service.  Both the  Over-The-Counter  Bulletin Board System
and  the  Pink  Sheets   Electronic   Quotation  Service  have  certain  listing
requirements.  There  can be no  assurance  that we  will be able to meet  these
requirements  for  listing,  or be  successful  in our efforts to get our common
stock listed on any alternative exchange.

We will also work to further  develop a network of  relationships  through which
potential clients are introduced. This network is currently the primary resource
for originating  business.  To further expand our client base we intend, as soon
as financial  resources permit,  to commence a marketing  campaign that involves
print advertisements in targeted trade publications.

We also  intend to seek  potential  business  opportunities  with a view  toward
enhancing  stockholder  value. Such  opportunities  might include  acquisitions,
mergers,  joint ventures or other transactions,  whether in related or unrelated
businesses. Currently we have no written or oral agreement, plan, arrangement or
understanding to enter into any such transaction.


                                       11
<PAGE>


ITEM 3. CONTROLS AND PROCEDURES

The principal  executive officer and principal financial officer of the Company,
who are the same  person  ("the  Certifying  Officer")  with the  assistance  of
advisors,  evaluated  the  effectiveness  of the  design  and  operation  of the
Company's   disclosure   controls   and   procedures   (as  defined  in  section
240.13a-14(c) and 240.15d-14(c)  under the Exchange Act) within 90 days prior to
the filing of this annual  report.  Based upon the  evaluation,  the  Certifying
Officer  concludes  that the Company's  disclosure  controls and  procedures are
effective in timely alerting management to material  information relative to the
Company which is required to be disclosed in its periodic filings with the SEC.

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect these controls subsequent to the date of
their  evaluation,  including any corrective  actions with regard to significant
deficiencies and material weaknesses.


                                       12
<PAGE>


                                     PART II
                                OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS                       None.

ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS       None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES        None.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

         During the quarter ended  September 30, 2003, no matters were submitted
         to the Company's security holders.

ITEM 5.  OTHER INFORMATION

         In the Company's Form 10-KSB,  filed with the Commission on October 10,
         2003,  we  erroneously  stated  that  the  Company's  authorized  stock
         consisted  of only  5,000,000  shares  of  common  stock.  The  correct
         statement is that the Company's authorized stock consists of 25,000,000
         shares of  common  stock and 1,000  shares of  preferred  stock.  These
         amounts were correctly  reported in the Company's previous filings with
         the Commission.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         (a)      Exhibits

                  31.1     Certification  of Chief  Executive  Officer and Chief
                           Financial  Officer,  pursuant  to 18  U.S.C.  Section
                           1350,  as  adopted  pursuant  to  Section  302 of the
                           Sarbanes-Oxley Act of 2002.

                  32.1     Certification  of Chief  Executive  Officer and Chief
                           Financial  Officer,  pursuant  to 18  U.S.C.  Section
                           1350,  as  adopted  pursuant  to  Section  906 of the
                           Sarbanes-Oxley Act of 2002.

         (b)      Reports on Form 8-K

                  Form 8-K filed on August 6, 2003
                           Item 4.  Change in Registrant's Certifying Accountant


                                       13
<PAGE>


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                WIEN GROUP, INC.
                                  (Registrant)


Dated: November 12, 2003                    /S/ STEVEN S. WIEN
                                            ------------------------------------
                                            President and Chief
                                            Executive Officer


                                       14