# EDGAR Filing Document

**Accession Number:** 0000709306
**File Stem:** 0000709306-26-000001
**Filing Date:** 2026-3
**Character Count:** 2851
**Document Hash:** 34d37d7e24546fffe0d61007306c2815
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000709306-26-000001.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0000709306-26-000001

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**EFFECTIVENESS DATE**: 20260302

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC.
- **CENTRAL INDEX KEY:** 0000709306

**ORGANIZATION NAME:**
- **EIN:** 330118651
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-28527
- **FILM NUMBER:** 26705591

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858 964-0500

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 910309
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92191

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DUNHAM AND ASSOCIATES INVESTMENT COUNSEL, INC.
- **DATE OF NAME CHANGE:** 20020318

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DUNHAM & ASSOCIATES INVESTMENT COUNSEL INC              /BD
- **DATE OF NAME CHANGE:** 20020318

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DUNHAM & GREER INVESTMENT COUNSEL INC                   /BD
- **DATE OF NAME CHANGE:** 19910524

### Attached PDF Documents

**Attachment 1:** `2025PublicAnnualReport.pdf`

_No text found in this document._

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

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0000709306

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** No

### Submission Information

**Report Period Begin Date:** 01-01-2025

**Report Period End Date:** 12-31-2025

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC.

**Business Address:** 6256 GREENWICH DRIVE, SUITE 550, SAN DIEGO, CA, 92122

**Contact Person:** Jennifer Kim Gardyne

**Contact Phone:** 8589640500

### Independent Public Accountant Identification

**Accountant Name:** PKF San Diego, LLP

**Accountant Address:** 2020 Camino del Rio North, Suite 1000, SAN DIEGO, CA, 92108

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Jennifer Gardyne**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC.**, as of **03-02-2026**, are true and correct.

**Signature:** Jennifer Gardyne

**Title:** CFO