RECEIVEABLES FROM BROKER-DEALERS AND CLEARING ORGANIZATIONS AND OTHER RECEIVABLES

6 Months Ended

Mar. 31, 2019

RECEIVEABLES FROM BROKER-DEALERS AND CLEARING ORGANIZATIONS AND OTHER RECEIVABLES

RECEIVABLES FROM BROKER-DEALERS AND CLEARING ORGANIZATIONS AND OTHER RECEIVABLES

At March 31, 2019 and September 30, 2018, the receivables of $3,451,000 and $3,967,000, respectively, from broker-dealers and clearing organizations represent net amounts due for fees and commissions associated with the Company’s retail brokerage business as well as asset based fee revenues associated with the Company’s investment advisory business.

Other receivables at March 31, 2019 and September 30, 2018 consist of the following:



	March 31,			September 30,
	2019			2018
Trailing fees	$	959,000		$	1,086,000
Accounts receivable for tax and accounting services	1,172,000			661,000
Allowance for doubtful accounts - tax and accounting services	(304,000		)	(286,000		)
Advances to registered representatives	757,000			393,000
Investment banking receivable	516,000			357,000
Advisory fees	464,000			559,000
Notes receivable	688,000			746,000
Other	888,000			749,000
Total other receivables, net	$	5,140,000		$	4,265,000