Receivables From Broker Dealers and Clearing Organizations and Other Receivables

12 Months Ended

Sep. 30, 2018

Receivables From Broker Dealers and Clearing Organizations and Other Receivables

RECEIVABLES FROM BROKER DEALERS AND CLEARING ORGANIZATIONS AND OTHER RECEIVABLES

At September 30, 2018 and 2017, the receivables of $3,967,000 and $2,850,000, respectively, from broker-dealers and clearing organizations represent net amounts due for commissions and fees associated with the Company’s retail brokerage business as well as asset based fee revenue associated with the Company’s asset management advisory business.

Other receivables at September 30, 2018 and 2017 consist of the following:



	September 30,
	2018			2017
Trailing fees	1,086,000			1,156,000
Accounts receivable for tax and accounting services	661,000			698,000
Allowance for doubtful accounts - tax and accounting services	(286,000		)	(390,000		)
Advances to registered representatives	393,000			881,000
Allowance for doubtful accounts - advances to registered representatives	(263,000		)	(154,000		)
Investment banking receivable	357,000			1,086,000
Advisory fees	559,000			510,000
Notes receivable (Note 4)	746,000			676,000
Other	1,012,000			717,000
Total	$	4,265,000		$	5,180,000