# EDGAR Filing Document

**Accession Number:** 0000844771
**File Stem:** 0000844771-26-000002
**Filing Date:** 2026-4
**Character Count:** 2681
**Document Hash:** 03873dd31f0bb9ab777a8fc1867e048f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000844771-26-000002.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0000844771-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**EFFECTIVENESS DATE**: 20260407

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MIDLAND SECURITIES, LTD
- **CENTRAL INDEX KEY:** 0000844771

**ORGANIZATION NAME:**
- **EIN:** 760147898
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-40685
- **FILM NUMBER:** 26843825

**BUSINESS ADDRESS:**
- **STREET 1:** 1605 LBJ FREEWAY
- **STREET 2:** SUITE 710
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234
- **BUSINESS PHONE:** 469-522-4309

**MAIL ADDRESS:**
- **STREET 1:** 1605 LBJ FREEWAY
- **STREET 2:** SUITE 710
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75234

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MIDLAND SECURITIES, LTD.
- **DATE OF NAME CHANGE:** 20150318

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLER, ANDERSON & CO., LTD.
- **DATE OF NAME CHANGE:** 20150305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GATEWAY SECURITIES, LTD.
- **DATE OF NAME CHANGE:** 20150223

### Attached PDF Documents

**Attachment 1:** `MS_Audit_SEC_2025.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:** 0000844771

**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:** MIDLAND SECURITIES, LTD

**Business Address:** 1605 LBJ FREEWAY, SUITE 710, DALLAS, TX, 75234

**Contact Person:** Alex Saldivar

**Contact Phone:** 469-522-4466

### Independent Public Accountant Identification

**Accountant Name:** George, Phillip V.

**Accountant Address:** 5179 CR 1026, Celeste, TX, 75423

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Bradford Phillips**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **MIDLAND SECURITIES, LTD**, as of **12-31-2025**, are true and correct.

**Signature:** Bradford Phillips

**Title:** CEO/FINOP