Broker-Dealers and Clearing Organizations and Other Receivables

12 Months Ended

Sep. 30, 2015

Brokers and Dealers [Abstract]

Broker-Dealers and Clearing Organizations and Other Receivables

BROKER-DEALERS AND CLEARING ORGANIZATIONSAND OTHERRECEIVABLES

At September 30, 2015 and 2014, the receivables of $3,078,000 and $4,985,000, 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, 2015 and 2014 of $3,709,000 and 3,998,000, respectively, principally represent trailing commissions, tax and accounting fees and investment banking fees and are net of an allowance for uncollectable accounts of $573,000 and $336,000, respectively.