# EDGAR Filing Document

**Accession Number:** 0000356343
**File Stem:** 0000356343-26-000002
**Filing Date:** 2026-3
**Character Count:** 2743
**Document Hash:** b55426699ab480c30c4616e0eced9703
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000356343-26-000002.hdr.sgml**: 20260312

**ACCESSION NUMBER**: 0000356343-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260312

**DATE AS OF CHANGE**: 20260312

**EFFECTIVENESS DATE**: 20260312

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAULSON INVESTMENT COMPANY LLC
- **CENTRAL INDEX KEY:** 0000356343

**ORGANIZATION NAME:**
- **EIN:** 300985788
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-26807
- **FILM NUMBER:** 26749376

**BUSINESS ADDRESS:**
- **STREET 1:** 10220 SW GREENBURG RD
- **STREET 2:** SUITE 380
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97223
- **BUSINESS PHONE:** 503-243-6003

**MAIL ADDRESS:**
- **STREET 1:** 10220 SW GREENBURG RD
- **STREET 2:** SUITE 380
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAULSON INVESTMENT COMPANY, INC.
- **DATE OF NAME CHANGE:** 20140812

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAULSON INVESTMENT COMPANY LLC
- **DATE OF NAME CHANGE:** 20140731

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAULSON INVESTMENT COMPANY, INC.
- **DATE OF NAME CHANGE:** 20020424

### Attached PDF Documents

**Attachment 1:** `PublicFiling.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:** 0000356343

**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:** PAULSON INVESTMENT COMPANY LLC

**Business Address:** 10220 SW GREENBURG RD, SUITE 380, PORTLAND, OR, 97223

**Contact Person:** Malcolm Winks

**Contact Phone:** 3129408327

### Independent Public Accountant Identification

**Accountant Name:** Ryan & Juraska LLP

**Accountant Address:** 141 W Jackson Blvd #2250, Chicago, IL, 60604

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

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

**Signature:** Malcolm Winks

**Title:** President/CFO