X-17A-5 0000724683 XXXXXXXX LIVE true false false 01-01-2024 12-31-2024 Broker-dealer N PIPER SANDLER & CO. 800 NICOLLET MALL Suite 900 MINNEAPOLIS MN 55402-7020 Nicole Tranby 612-303-6822 Ernst & Young 700 Nicollet Mall Suite 500 Minneapolis MN 55402 Certified Public Accountant Katherine P. Clune PIPER SANDLER & CO. 02-27-2025 Katherine P. Clune Chief Financial Officer Y