# EDGAR Filing Document

**Accession Number:** 0002014289
**File Stem:** 0002014289-26-000002
**Filing Date:** 2026-2
**Character Count:** 13408
**Document Hash:** 65b2c8cecff57945b94b2e0ccd56b58e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002014289-26-000002.hdr.sgml**: 20260306

**ACCESSION NUMBER**: 0002014289-26-000002

**CONFORMED SUBMISSION TYPE**: MA-A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260306

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kovack Municipal Group LLC
- **CENTRAL INDEX KEY:** 0002014289

**ORGANIZATION NAME:**
- **EIN:** 990920245
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** MA-A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 867-02688
- **FILM NUMBER:** 26729065

**BUSINESS ADDRESS:**
- **STREET 1:** 6451 N. FEDERAL HIGHWAY
- **STREET 2:** SUITE 1201
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33308
- **BUSINESS PHONE:** 954-782-4771

**MAIL ADDRESS:**
- **STREET 1:** 6451 N. FEDERAL HIGHWAY
- **STREET 2:** SUITE 1201
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33308

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM MA: UNIFORM APPLICATION FOR MUNICIPAL ADVISOR REGISTRATION

### Filer and Contact Information

**Filer CIK:** 0002014289

**Filer CCC:** XXXXXXXX

**Contact Name:** Glenn Green

**Contact Phone:** 973-618-9503

**Contact Email:** ggreen@alternativereg.com

**Notification Emails:** ggreen@alternativereg.com

### Type of Filing

**Selected Filing Type:** Annual Update

### Item 1: Identifying Information

**A. Full Legal Name of the Firm:** Kovack Municipal Group LLC

**&nbsp;&nbsp;&nbsp;Is applicant a Sole Proprietor?:** No

**&nbsp;&nbsp;&nbsp;Has the municipal legal name changed since the last filing?:** No

**&nbsp;&nbsp;&nbsp;Has the applicant had any previous DBA names?:** No

**&nbsp;&nbsp;&nbsp;Does the applicant have any additional DBA names?:** No

**C. IRS Employer Identification Number:** 99-0920245

**D. Registrations:**

- **Municipal Advisor:** SEC File No: 867-02688

**E. Principal Office and Place of Business:** 6451 N. FEDERAL HIGHWAY, SUITE 1201, FORT LAUDERDALE, FL, 33308

**Telephone Number:** 954-782-4771

**Additional Offices of Employment:**

- **Office #1 (Add):**  | Phone: 704-543-4202

**Mailing Address is Different from Principal Office:** No

**F. Website:** www.kovackfinancial.com

**G. Chief Compliance Officer (CCO):**

**Name:** Melinda Sue Wolfe

**Titles:** Chief Compliance Officer

**Address:** 6451 N. Federal Highway, Suite 1201, Fort Lauderdale, FL, 33308

**Phone Number:** 954-670-0620

**Email:** mwolfe@kfn.com

**H. Business Affiliates:**

- **Name:** Kovack Securities Inc.

  - **Issuing Agency:** SEC and FINRA

  - **Jurisdiction:** 

- **Name:** Kovack Advisors Inc.

  - **Issuing Agency:** SEC and FINRA

  - **Jurisdiction:** 

**I. Location of Books and Records:** Yes

### Item 2: Form of Organization

**A. Applicant's form of organization:** Limited Liability Company (LLC)

**B. Month of Applicant's Annual Fiscal Year End:** December

**C. State, Other U.S. Jurisdiction, or Foreign Jurisdiction Under Which Applicant is Organized:** FL

**D. Date of Organization:** 01-12-2024

**E. Is the applicant a public reporting company?:** No

### Item 3: Successions

**Is the applicant succeeding to the business of a registered municipal advisor?** No

### Item 4: Information About Applicant's Business

**A. Number of Employees:** 2

**B. Municipal Advisory Activities - Employees:** 1

**C. Registered Representatives - MAA Employees also registered reps of a broker-dealer:** 1

**&nbsp;&nbsp;&nbsp;MAA Employees also associated with an investment adviser:** 1

**D. Public Relations Company?:** No

**E. Soliciting on Behalf of an Affiliate - Number of firms:** 0

**F. Types of Clients - Number of clients served as municipal advisor:** 0

**&nbsp;&nbsp;&nbsp;Types of Clients:** Municipal Entities

**G. Solicitation of Municipal Entities and Obligated Persons - Municipal Entities:** 0

**&nbsp;&nbsp;&nbsp;Obligated Persons:** 0

**&nbsp;&nbsp;&nbsp;Total Solicited:** 0

**H. Types of Persons Solicited:** 
Not Applicable
, Not Applicable

**I. Compensation Arrangements (Municipal Advisory):** 
Fixed Fees
, Fixed Fees

**J. Compensation Arrangements (Solicitation):** 
Not Applicable
, Not Applicable

**K. Does the applicant receive compensation in the context of its municipal advisory business from other than its municipal entity or obligated person clients?:** No

**L. Applicant Business Relating to Municipal Securities:** Advice Investment Of Proceeds MS

### Item 5: Other Business Activities

**Is applicant engaged in any other non-municipal advisor business?** No

### Item 6: Financial Industry and Other Activities of Associated Persons

**Types of associated persons:** Broker-dealer municipal securities dealer or government securities broker or dealer, Investment Adviser, Broker-dealer municipal securities dealer or government securities broker or dealer, Investment Adviser

**Total Associated Persons:** 2

### Item 7: Participation or Interest in Client Transactions

- **Buy or sell municipal securities from or to municipal advisory clients for the firm's own account?:** No

- **Buy or sell municipal securities from or to third-parties on behalf of clients?:** No

- **Enter into derivatives transactions with clients for the firm's own account?:** No

- **Recommend to clients to buy/sell securities in which the firm has a financial interest?:** No

- **Recommend to clients products/services of an affiliated person?:** No

- **Recommend to clients securities of an issuer with which the firm has other relationships?:** No

- **Have discretionary authority to buy/sell municipal securities for clients?:** No

- **Have discretionary authority to buy/sell any other securities or investments for clients?:** No

- **Have discretionary authority to determine the broker-dealer to be used for client transactions?:** No

- **Have discretionary authority to determine the commission paid to a broker-dealer?:** No

- **Recommend broker-dealers to clients?:** No

- **&nbsp;&nbsp;&nbsp;If yes, are any of these broker-dealers an associated person of the applicant?:** —

- **Compensate any person for client referrals?:** No

- **Receive compensation from any person for client referrals?:** No

### Item 8: Owners, Officers, and Other Control Persons

**A. (2) Does any person not named in Item 1-A or Schedules A, B, or C, directly or indirectly, control the applicant's management or policies?** No

**B. (1) Is any person in Schedule A, B, or C, or in Section 8-A of Schedule D a public reporting company?** No

### Item 9: Disclosure Information

**Criminal Disclosure:**

- **Applicant/Advisory Affiliate Convicted/Pled Guilty to Felony?:** No

- **Applicant/Advisory Affiliate Charged with Felony?:** No

- **Organization Convicted/Pled Guilty to Felony?:** No

- **Organization Charged with Felony?:** No

**Regulatory Disclosure:**

- **SEC/CFTC Found False Statement?:** No

- **SEC/CFTC Found Violation?:** Yes

- **SEC/CFTC Found Cause of Denial/Suspension?:** No

- **SEC/CFTC Entered Order?:** Yes

- **SEC/CFTC Imposed Civil Penalty?:** Yes

- **SRO Found Unethical Conduct?:** Yes

- **SRO Found Violation?:** Yes

- **SRO Found Cause of Denial/Suspension?:** No

- **SRO Barred/Suspended/Fined > $2,500?:** Yes

- **SRO Denied/Suspended/Revoked Registration?:** No

- **Foreign Authority Found False Statement?:** No

- **Foreign Authority Found Violation?:** Yes

- **Foreign Authority Found Cause of Suspension?:** No

- **Foreign Authority Disciplined?:** No

- **Authorization to Act as Attorney/Accountant Revoked?:** No

- **Subject of a Regulatory Complaint?:** No

**Civil Disclosure:**

- **Enjoined in Connection with Municipal Advisory Activity?:** No

- **Found to Have Violated Regulations?:** No

- **Civil Proceeding Dismissed Pursuant to Settlement?:** No

- **Named in Civil Proceeding Alleging Violation?:** No

### Item 10: Small Businesses

**Does the applicant have annual receipts of less than $7,000,000?** Yes

**Is the applicant affiliated with a person that has annual receipts of more than $7,000,000?** Yes

### Schedule A: Direct Owners and Executive Officers

| Name                 | Title/Status             | Date Acquired   | Ownership Code            | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|
| Kovack Financial LLC | Member                   | 01-01-2024      | E - 75% or more           | Yes               |  |  |
| Brian John Kovack    | President / Member       | 01-01-2024      | C - 25% but less than 50% | Yes               |  | 2809477      |
| Fernando NMN Pardo   | Chief Compliance Officer | 01-01-2024      | NA - less than 5%         | No                |  | 6171442      |

### Schedule B: Indirect Owners

| Owning Entity                 | Name                          | Title/Status   | Date Acquired   | Ownership Code                                          | Control Person?   | IRS Number   |
|:---|:---|:---|:---|:---|:---|:---|
| Kovack Financial LLC          | Ronald J. Kovack Family Trust | Member         | 02-01-2020      | D - 50% but less than 75%                               | No                | 84-7130288   |
| Kovack Financial LLC          | Brian John Kovack             | Member         | 09-01-2010      | C - 25% but less than 50%                               | Yes               |  |
| Ronald J. Kovack Family Trust | Brian John Kovack             | Trustee        | 02-01-2020      | F - Other (general partner, trustee, or elected member) | Yes               |  |
| Ronald J. Kovack Family Trust | Priscilla Smith Kovack        | Trustee        | 02-01-2020      | F - Other (general partner, trustee, or elected member) | Yes               |  |

### Schedule C: Amendments to Schedules A and B

| Type   | Ownership   | Owning Entity                 | Name                          | Title/Status             | Date Acquired   | Ownership Code                                          | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Direct      |  | Kovack Financial LLC          | Member                   | 01-01-2024      | E - 75% or more                                         | Yes               |  |  |
|  | Indirect    | Kovack Financial LLC          | Ronald J. Kovack Family Trust | Member                   | 02-01-2020      | D - 50% but less than 75%                               | No                | 84-7130288   |  |
|  | Direct      |  | Brian John Kovack             | President / Member       | 01-01-2024      | C - 25% but less than 50%                               | Yes               |  | 2809477      |
| Delete | Direct      |  | Fernando NMN Pardo            | Chief Compliance Officer | 01-01-2024      | NA - less than 5%                                       | No                |  | 6171442      |
| NewAdd | Direct      |  | Melinda Sue Wolfe             | Chief Compliance Officer | 02-01-2026      | NA - less than 5%                                       | Yes               |  | 1627593      |
|  | Indirect    | Kovack Financial LLC          | Brian John Kovack             | Member                   | 09-01-2010      | C - 25% but less than 50%                               | Yes               |  | 2809477      |
|  | Indirect    | Ronald J. Kovack Family Trust | Brian John Kovack             | Trustee                  | 02-01-2020      | F - Other (general partner, trustee, or elected member) | Yes               |  | 2809477      |
|  | Indirect    | Ronald J. Kovack Family Trust | Priscilla Smith Kovack        | Trustee                  | 02-01-2020      | F - Other (general partner, trustee, or elected member) | Yes               |  | 000000000    |

### Disclosure Reporting Pages (DRPs)

**Regulatory DRP for: Applicant (Responding to Questions: 9-E2)**

  - **Associated Person:** —

  - **CRD Number:** 44848

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Securities Inc.

  - **Disclosure Number:** 2224442

**Regulatory DRP for: Applicant (Responding to Questions: 9-D4)**

  - **Associated Person:** —

  - **CRD Number:** 44848

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Securities Inc.

  - **Disclosure Number:** 1981145

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2, 9-D4)**

  - **Associated Person:** —

  - **CRD Number:** 44848

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Securities Inc.

  - **Disclosure Number:** 1881276

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2, 9-C4, 9-C5, 9-E2)**

  - **Associated Person:** —

  - **CRD Number:** 44848

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Securities Inc.

  - **Disclosure Number:** 1446320

**Regulatory DRP for: Applicant (Responding to Questions: 9-D2, 9-D4)**

  - **Associated Person:** —

  - **CRD Number:** 44848

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Securities Inc.

  - **Disclosure Number:** 709584

**Regulatory DRP for: Applicant (Responding to Questions: 9-D1, 9-D2)**

  - **Associated Person:** —

  - **CRD Number:** 140808

  - **Filed On (AP):** Form ADV/BD/U4 for Kovack Advisors Inc.

  - **Disclosure Number:** 154790

### Execution Page

**Signature:** Brian Kovack

**Signer Name:** Brian Kovack

**Title:** President / Member

**Date:** 02-24-2026

**CRD Number:** 2809477