Note 7 - Receivables from Broker Dealers and Clearing Organizations and Other Receivables

12 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Due to and from Broker-Dealers and Clearing Organizations Disclosure [Text Block]

NOTE

7

. RECEIVABLES FROM BROKER DEALERS AND CLEARING ORGANIZATIONS

AND OTHER

RECEIVABLES

At

September 30, 2020

and

2019

, the receivables of $

3,367,000

and $

3,490,000

, 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, 2020

and

2019

consist of the following:

	September 30,
	2020			2019
Trailing fees		1,391,000			947,000
Accounts receivable for tax and accounting services		1,009,000			686,000
Allowance for doubtful accounts - tax and accounting services		(347,000	)		(282,000	)
Advances to registered representatives		1,834,000			1,383,000
Investment banking receivable		2,383,000			411,000
Advisory fees		771,000			483,000
Notes receivable (Note 4)		1,229,000			665,000
Other		4,124,000			1,379,000
Total	$	12,394,000		$	5,672,000