# EDGAR Filing Document

**Accession Number:** 0001494443
**File Stem:** 0001494443-26-000003
**Filing Date:** 2026-3
**Character Count:** 2489
**Document Hash:** 6e2c2149bb03477c6a432d3cb9ea560b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001494443-26-000003.hdr.sgml**: 20260311

**ACCESSION NUMBER**: 0001494443-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260311

**DATE AS OF CHANGE**: 20260311

**EFFECTIVENESS DATE**: 20260311

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MSEC, LLC
- **CENTRAL INDEX KEY:** 0001494443

**ORGANIZATION NAME:**
- **EIN:** 272587292
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-68627
- **FILM NUMBER:** 26744431

**BUSINESS ADDRESS:**
- **STREET 1:** 5700 W 112TH STREET
- **STREET 2:** SUITE 500
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66211
- **BUSINESS PHONE:** 913-378-1750

**MAIL ADDRESS:**
- **STREET 1:** 5700 W 112TH STREET
- **STREET 2:** SUITE 500
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MONTAGE SECURITIES, LLC
- **DATE OF NAME CHANGE:** 20100616

### Attached PDF Documents

**Attachment 1:** `msecpublic2025.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:** 0001494443

**Filer CCC:** XXXXXXXX

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

**Would you like a Return Copy?:** Yes

### 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:** MSEC, LLC

**Business Address:** 5700 W 112TH STREET, SUITE 500, OVERLAND PARK, KS, 66211

**Contact Person:** Ann Erskine

**Contact Phone:** 913-378-1750

### Independent Public Accountant Identification

**Accountant Name:** KPMG LLP

**Accountant Address:** 1000 Walnut Street, Suite 1000, Kansas City, MO, 64106

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Karen Steighner**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **MSEC, LLC**, as of **12-31-2025**, are true and correct.

**Signature:** Karen Steighner

**Title:** Financial & Operations Principal

**Notarized:** Yes