# EDGAR Filing Document

**Accession Number:** 0001553932
**File Stem:** 0001553932-23-000003
**Filing Date:** 2023-3
**Character Count:** 26657
**Document Hash:** 624e3d3f789c8f4ff0efb2c1afc8df7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001553932-23-000003.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001553932-23-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**EFFECTIVENESS DATE**: 20230316

**PERIOD START**: 20220101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVANCED STRATEGIES BROKER DEALER LLC
- **CENTRAL INDEX KEY:** 0001553932
- **IRS NUMBER:** 455589415
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-69118
- **FILM NUMBER:** 23738620

**BUSINESS ADDRESS:**
- **STREET 1:** 1308 DALLAS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37405
- **BUSINESS PHONE:** 423 580-4307

**MAIL ADDRESS:**
- **STREET 1:** 1308 DALLAS ROAD
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37405

### Attached PDF Documents

**Attachment 1:** `asbdllc2022finalaudit17a5.pdf`

# UNITED STATES

# SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0123

Expires: Oct. 31, 2023

Estimated average burden

hours per response: 12

# ANNUAL REPORTS

# FORM X-17A-5

# PART III

SEC FILE NUMBER

8-69118

# FACING PAGE

Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934

FILING FOR THE PERIOD BEGINNING 01/01/2022 AND ENDING 12/31/2022
MM/DD/YY MM/DD/YY

# A. REGISTRANT IDENTIFICATION

NAME OF FIRM: ADVANCED STRATEGIES BROKER DEALER LLC

TYPE OF REGISTRANT (check all applicable boxes):

☑ Broker-dealer

☐ Security-based swap dealer

☐ Major security-based swap participant

☐ Check here if respondent is also an OTC derivatives dealer

ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)

1308 DALLAS ROAD

| (No. and Street) |  |  |
| --- | --- | --- |
| CHATTANOOGA | TN | 37405 |
| (City) | (State) | (Zip Code) |

PERSON TO CONTACT WITH REGARD TO THIS FILING

| CHARLES BIKAS | 423-580-4307 | cbikas@asbdllc.com |
| --- | --- | --- |
| (Name) | (Area Code - Telephone Number) | (Email Address) |

# B. ACCOUNTANT IDENTIFICATION

INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*

OHAB AND COMPANY, PA

| (Name - if individual, state last, first, and middle name) |  |  |  |
| --- | --- | --- | --- |
| 100 E SYBELIA AVE, SUITE 130 | MAITLAND | FL | 32751 |
| (Address) | (City) | (State) | (Zip Code) |
| JULY 28, 2004 |  | 1839 |  |

(Date of Registration with PCAOB)(if applicable)

(PCAOB Registration Number, if applicable)

# FOR OFFICIAL USE ONLY

* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

# OATH OR AFFIRMATION

I, Charles Bikas, swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of Advanced Strategies Broker Dealer LLC, as of March 14th, 2023, is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer.

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

This filing** contains (check all applicable boxes):

(a) Statement of financial condition.
(b) Notes to consolidated statement of financial condition.
(c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).
(d) Statement of cash flows.
(e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
(f) Statement of changes in liabilities subordinated to claims of creditors.
(g) Notes to consolidated financial statements.
(h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
(i) Computation of tangible net worth under 17 CFR 240.18a-2.
(j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.
(k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.
(1) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
(m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
(n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
(o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
(p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.
(q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.
(r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(t) Independent public accountant's report based on an examination of the statement of financial condition.
(u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
(v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable.
(y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).
□ (z) Other:

**To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.

# **Advanced Strategies Broker Dealer LLC**  
**Statement of Financial Condition**  
**December 31, 2022**

# ASSETS

| Cash | $11,658 |
| --- | --- |
| Prepaid Expenses | 99 |
| Receivable from Mutual Funds | 1,253 |
| Total Assets | $13,010 |

# LIABILITIES AND MEMBER'S EQUITY

# LIABILITIES

| Due to Outside Vendors | 1 |
| --- | --- |
| Due to Member | 694 |
| Due to Brokers | 914 |
| Total Liabilities | 1608 |
| MEMBER'S EQUITY | 11,401 |
| Total Liabilities and Member's Equity | $13,010 |

The accompanying notes are an integral part of these financial statements

# **Advanced Strategies Broker Dealer LLC**  
**Statement of Operations**  
**For the Year Ended December 31, 2022**

# **REVENUES**

| Mutual Fund Fees - 12b1 | $10,380 |
| --- | --- |
| Commissions - Mutual Fund and Variable Annuity Sales | 12,573 |
| 529 Plan Sales | 1,649 |
| Fees from Brokers | 2,055 |
| Total Revenues | 26,657 |

# **EXPENSES**

| Commissions | 15,554 |
| --- | --- |
| Occupancy | 338 |
| Communications | 2,872 |
| Other Operating Expenses | 12,336 |
| Total Expenses | 31,100 |

# **NET INCOME (Loss)**

$(4,443)

The accompanying notes are an integral part of these financial statements

# **Advanced Strategies Broker Dealer LLC**  
**Statement of Cash Flows**  
**For the Year Ended December 31, 2022**

# **CASH FLOWS FROM OPERATING ACTIVITIES:**

Adjustments to Reconcile Net Income to Net Cash Provided by Operations:

| Net Income | ($4,443) |
| --- | --- |
| Accounts Receivable | 532 |
| Prepaid Expenses | 55 |
| Due to Member | 488 |
| Due to Brokers | (711) |

# **NET CASH PROVIDED BY OPERATING ACTIVITIES**

**($4,079)**

# **CASH FLOW FROM FINANCING ACTIVITIES**

| Member contributions | 0 |
| --- | --- |

# **NET CASH PROVIDED BY FINANCING ACTIVITIES**

-

# **NET INCREASE IN CASH**

**($4,079)**

# **CASH BALANCE**

| Beginning of Period | 15,737 |
| --- | --- |
| End of Period | 11,658 |

# **SUPPLEMENTAL DISCLOSURE**

| Cash paid for interest | 0 |
| --- | --- |
| Cash paid for taxes | 0 |

The accompanying notes are an integral part of these financial statements

# **Advanced Strategies Broker Dealer LLC**  
**Statement of Changes in Member's Equity**  
**For the Year Ended December 31, 2022**

| Beginning Balance, December 31, 2021 | $15,844 |
| --- | --- |
|  | - |
| 2022 Net Income | (4,443) |
| 2022 Contributions | 0 |
| Ending Balance, December 31, 2022 | $11,401 |

The accompanying notes are an integral part of these financial statements

# **Advanced Strategies Broker Dealer LLC**  
**Notes to Financial Statements**  
**December 31, 2022**

# NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and Description of Business: Advanced Strategies Broker Dealer, LLC (the 'Company'), a limited liability company, was organized in June 2012 and became a broker-dealer in August 2013. The Company is a securities broker-dealer registered with the Securities and Exchange Commission ('SEC') and a member of the Financial Industry Regulatory Authority ('FINRA').

As a Limited Liability Company, the Member's liability is limited to this investment.

The Company's primary business is brokerage of mutual funds, 529 plans and variable annuities, and it operates under the provisions of paragraph (k)(1) of Rule 15c3-3 of the Securities Exchange Act of 1934. The Company operates from an office located in Chattanooga, Tennessee and its customers are primarily in Tennessee, Georgia, North Carolina and South Carolina.

Cash and Cash Equivalents: For purposes of reporting the statement of cash flows, the Company considers all cash accounts, which are not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash balances in excess of FDIC and similar insurance coverage are subject to the usual banking risks associated with funds in excess of those limits. As of December 31, 2022, the Company had no uninsured cash balances.

Income Taxes: The Company is a sole proprietorship for income tax reporting purposes. Income or losses flow through to the member and no income taxes are recorded in the accompanying financial statements.

The Company has adopted the provisions of FASB Accounting Standards Codification 740-10, Accounting for Uncertainty in Income Taxes. Under FASB ASC 740-10, the Company is required to evaluate each of its tax positions to determine if they are more likely than not to be sustained if the taxing authority examines the respective position. A tax position includes an entity's status, including its status as a pass-through entity, and the decision not to file a return. The Company has evaluated each of its tax positions and has determined that it has no uncertain tax positions for which a provision or liability for income taxes is necessary.

page 1 of 4

# **Advanced Strategies Broker Dealer LLC**  
**Notes to Financial Statements**  
**December 31, 2022**

# NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES CONTINUED...

Estimates: Management uses estimates and assumptions in preparing financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could vary from the estimates that were assumed in preparing the financial statements.

Commissions - Mutual Fund and Variable Annuity Sales: Revenue is recognized in accordance with FASB ASC Topic 606 as services are rendered and the contracts identified performance obligations have been satisfied. Commissions and fees received from the sale of mutual funds and variable annuities are recognized at the time the associated service is fulfilled, including the investment company receiving the application which is based on the trade date.

Mutual Fund - Fees 12b-1: The company enters into arrangements with managed accounts or other pooled investment vehicles (funds) to distribute shares to investors. The Company may receive distribution fees paid by the fund up front, over time, upon the investor's exit from the fund (that is, a contingent deferred sales charge), or as in a combination thereof. The Company believes that its performance obligation is the sales of securities to investors and as such this is fulfilled on the trade date. Any fixed amounts are recognized on the trade date and variable amounts are recognized to the extent it is probable that a significant revenue reversal will not occur once the uncertainty is resolved. For variable amounts, as the uncertainty is dependent on the value of the shares at future points in time as well as the length of time the investor remains in the fund, both of which are highly susceptible to factors outside the Company's influence, the Company does not believe that it can overcome this constraint until the market value of the fund and the investor activities are known, which are usually monthly or quarterly. Distribution fees recognized in the current period are primarily related to performance obligations that have been satisfied in prior periods.

page 2 of 4

# **Advanced Strategies Broker Dealer LLC**  
**Notes to Financial Statements**  
**December 31, 2022**

# Significant Judgements:

Revenue from contracts with customer includes fees from investment banking. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgement is required to determine whether performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; whether contraints on variable consideration should be applied due to uncertain future events.

Accounts Receivable: Accounts receivable are non-interest bearing uncollateralized obligations receivable in accordance with the terms agreed upon with each mutual fund or insurance company.

The carrying amount of the accounts receivable is reduced by a valuation allowance that reflects management's best estimate of the amounts that will not be collected. Management individually reviews all delinquent accounts receivable balances and based on assessment of the current credit worthiness, estimates the portion, if any, of the balance that will not be collected. Generally, receivables are believed to be fully collectible; accordingly, no allowance for doubtful accounts is reflected in the accompanying financial statements.

# **NOTE B - NET CAPITAL**

The Company, as a registered broker dealer is subject to the Securities and Exchange Commission Uniform Net Capital Rule (Rule 15c3-1) which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2022 the Company had net capital of $11,302 which was $6,302 in excess of its required net capital of $5,000 and its ratio of aggregate indebtedness to net capital was .14.

page 3 of 4

# **Advanced Strategies Broker Dealer LLC**  
**Notes to Financial Statements**  
**December 31, 2022**

# **NOTE D - RELATED PARTY**

The Company has an expense sharing agreement with its Member. Under the terms of the agreement, the Company pays the Member for certain costs provided to the Company, primarily utility expenses for the office premise provided.

The amount expensed for the year ended December 31, 2022 was approximately $585. The balance due to the Member on the accompanying statement of financial condition arose from this agreement.

The Company also paid its member $650 as an agreed upon amount for consulting.

# **NOTE E - COMMITMENTS AND CONTINGENCIES**

The company does not have any commitments or contingencies.

# **NOTE F - SUBSEQUENT EVENTS**

In accordance with the *Subsequent Events* Topic of the FASB Accounting Standards Codification No. 855 ('FASB ASC 855'), the Company has evaluated those events and transactions that occurred from the date the financial statements were available to be issued. No material events or transactions have occurred during this period which would render these financial statements to be misleading.

**page 4 of 4**

# **Advanced Strategies Broker Dealer LLC**

# **Schedule I**

# **Computation of Net Capital Under Rule 15c3-1  
of the Securities and Exchange Commission Act of 1934  
As of December 31, 2022**

# **NET CAPITAL:**

| Total Member's Equity | $11,401 |
| --- | --- |
| Less: |  |
| Prepaid Expenses | (99) |
| Net Capital Before haircuts | 11,302 |
| Less haircuts | 0 |
| Net Capital | 11,302 |
| Minimum Net Capital Required | 5,000 |
| Excess Net Capital | 6,302 |
| Aggregate Indebtedness | 1,608 |
| Minimum Net Capital Required Based on Aggregate Indebtedness | $107 |
| Ratio of Aggregate Indebtedness to Net Capital | 0.14 |

RECONCILIATION WITH COMPANY'S COMPUTATION OF NET CAPITAL INCLUDED IN PART IIA OF FORM X-17a-5 AS OF DECEMBER 31, 2022

There is no material difference between net capital as reported on Form X-17A-5 and net capital as computed above.

# Advanced Strategies Broker Dealer LLC

## Schedule II

COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS  
UNDER RULE 15C3-3 OF THE SECURITIES AND EXCHANGE COMMISSION  
AS OF DECEMBER 31, 2022

The Company is exempt from the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934, pursuant to paragraph (k)(1) of the rule.

# **Advanced Strategies Broker Dealer LLC**

# **Schedule III**

# INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS UNDER
RULE 15C3-3 OF THE SECURITIES AND EXCHANGE COMMISSION
AS OF DECEMBER 31, 2022

The company is exempt from the provisions of Rule 15c3-3 under the Securities and Exchange Act of 1934, pursuant to paragraph (k)(1) of the rule.

[LOGO]

Chab and Company, P.A.

100 E. Sybelia Ave. Suite 130

Maitland, FL 32751

Certified Public Accountants

Email: pam@ohabco.com

Telephone 407-740-7311

Fax 407-740-6441

# REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Member's
of Advanced Strategies Broker Dealer LLC

# Opinion on the Financial Statements

We have audited the accompanying statement of financial condition of Advanced Strategies Broker Dealer LLC as of December 31, 2022, the related statements of operations, changes in member's equity, and cash flows for the year then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Advanced Strategies Broker Dealer LLC as of December 31, 2022, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

# Basis for Opinion

These financial statements are the responsibility of Advanced Strategies Broker Dealer LLC's management. Our responsibility is to express an opinion on Advanced Strategies Broker Dealer LLC's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Advanced Strategies Broker Dealer LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

# Auditor's Report on Supplemental Information

The Schedules I, II and III have been subjected to audit procedures performed in conjunction with the audit of Advanced Strategies Broker Dealer LLC's financial statements. The supplemental information is the responsibility of Advanced Strategies Broker Dealer LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the Schedules I, II and III are fairly stated, in all material respects, in relation to the financial statements as a whole.

Chab and Company, P.A.

We have served as Advanced Strategies Broker Dealer LLC's auditor since 2020.

Maitland, Florida

March 6, 2023

O

hab and Company, P.A.

100 E. Sybelia Ave. Suite 130

Maitland, FL 32751

Certified Public Accountants

Email: pam@ohabco.com

Telephone 407-740-7311

Fax 407-740-6441

# REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Member's

of Advanced Strategies Broker Dealer LLC

We have reviewed management's statements, included in the accompanying Exemption Report, in which (1) Advanced Strategies Broker Dealer LLC identified the following provision of 17 C.F.R. §15c3-3(k) under which Advanced Strategies Broker Dealer LLC claimed an exemption from 17 C.F.R. §240.15c3-3: (k)(1) (exemption provision) and (2) Advanced Strategies Broker Dealer LLC stated that Advanced Strategies Broker Dealer LLC met the identified exemption provision throughout the most recent fiscal year without exception. Advanced Strategies Broker Dealer LLC's management is responsible for compliance with the exemption provision and its statements.

Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Advanced Strategies Broker Dealer LLC's compliance with the exemption provision. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provision set forth in paragraph (k)(1) of Rule 15c3-3 under the Securities Exchange Act of 1934.

Ohab and Company

Maitland, Florida

March 6, 2023

Advanced Strategies Broker Dealer LLC
1308 Dallas Road
Chattanooga, TN 37405

E-Mail

cbikas@asbdllc.com

Cell Phone

(423) 580-4307

VIA Mail

John Pantuso

Senior Accountant

Ohab and Company, P.A.

100 E. Sybelia Avenue, Suite 130

Maitland, FL 32751

# Advanced Strategies Broker Dealer LLC Exemption Report for 2022 Annual Audit

Dear Mr. Pantuso,

Advanced Strategies Broker Dealer LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following:

The Company claimed an exemption from 17 C.F.R. § 240.15c3-3 under the following provisions of 17 C.F.R. §240.15c3-3(k)(1).

The Company met and identified exemption provisions in 17 C.F.R. §240.15c3-3(k) throughout the most recent fiscal year without exception.

Advanced Strategies Broker Dealer LLC

I, Charles Bikas, affirm that, to the best of my knowledge and belief, this Exemption Report is true and correct.

By: Charles Bikas

Charles Bikas

Managing Member

Date of Report: March 4th, 2023

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

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0001553932

**Filer CCC:** XXXXXXXX

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

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

### Submission Information

**Report Period Begin Date:** 01-01-2022

**Report Period End Date:** 12-31-2022

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** ADVANCED STRATEGIES BROKER DEALER LLC

**Business Address:** 1308 DALLAS ROAD, CHATTANOOGA, TN, 37405

**Contact Person:** Charles Bikas

**Contact Phone:** 4235804307

### Independent Public Accountant Identification

**Accountant Name:** OHAB AND COMPANY, P.A.

**Accountant Address:** 100 E SYBELIA AVE, SUITE 130, MAITLAND, FL, 32751

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Charles Bikas**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **ADVANCED STRATEGIES BROKER DEALER LLC**, as of **03-16-2023**, are true and correct.

**Signature:** Charles Bikas

**Title:** Managing Member

**Notarized:** Yes