X-17A-5 0001028553 XXXXXXXX LIVE false false false 01-01-2025 12-31-2025 Broker-dealer N DOUGALL & ASSOCIATES INC. 8883 WINDING TRAIL APT 2203 SAINT JOHN IN 46373 Chad Bluett (312) 663-2670 Sanville & Company LLC 2617 Huntingdon Pike Huntingdon Valley PA 19006 Certified Public Accountant Chad Bluett DOUGALL & ASSOCIATES INC. 03-31-2026 Chad Bluett President & Chief Executive Officer