X-17A-5: Submission Information

Report for the Period Beginning

01-01-2023

and Ending

12-31-2023

Type of Registrant

Broker-dealer

Security-based swap dealer

Major security-based swap participant

OTC derivatives dealer

Material Weakness

Does this submission include an accountant's report covering the compliance report that indentifies one or more material weaknesses?

Yes

X-17A-5: A. Registrant Identification

Name of Firm

VALLEY FINANCIAL MANAGEMENT, INC.

Address of Principal Place of Business (Do not use P.O. Box No.)

Address 1

350 MADISON AVE.

Address 2

4TH FLOOR, COMPLIANCE DEPARTMENT

City

NEW YORK

State/Country

NEW YORK

Mailing Zip/ Portal Code

10017

Name and Telephone Number of Person to Contact in Regard to this Report

Name

Jamie R Mayo

Telephone Number

19172075323

X-17A-5: B. Accountant Identification

Independent Public Accountant

Name - if individual, state last, first, and middle name

CohnReznick LLP

Address 1

1301 Avenue of the Americas

Address 2

7th Floor

City

New York

State/Country

NEW YORK

Mailing Zip/ Postal Code

10019

Check One

Certified Public Accountant
Radio button not checked

Certified Public Accountant not resident in United States or any of its possessions

X-17A-5: Signature

Oath or Affirmation

I, Joseph Colleran, swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of VALLEY FINANCIAL MANAGEMENT, INC., as of 02-27-2024, is true and correct. I further swear (or affirm) that neither the company nor any partner, proprietor, principal officer or director has any proprietary interest in any account classified solely as that of a customer, except as follows:

Signature

Joseph Colleran

Title

President

Notary Public

Checking this box acknowledges that this oath or affirmation has been notarized.

X-17A-5: Filer Information

Submission Contact Information

X-17A-5: Submission Information

Material Weakness

X-17A-5: A. Registrant Identification

Address of Principal Place of Business (Do not use P.O. Box No.)

Name and Telephone Number of Person to Contact in Regard to this Report

X-17A-5: B. Accountant Identification

Independent Public Accountant

X-17A-5: Signature

Oath or Affirmation

Notary Public