Information Required of Brokers and Dealers (Form X-17A-5)

Report for the Period Beginning	01-01-2025
and Ending	12-31-2025
Type of Registrant	Broker-dealer
	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 No

Name of Broker-dealer

NATIONAL FINANCIAL SERVICES LLC

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

Address 1	245 SUMMER STREET
Address 2	MAIL ZONE L10C
City	BOSTON
State/Country	MASSACHUSETTS
Mailing Zip/ Portal Code	02210

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

Name	Noah Rhodes
Telephone Number	608-358-9139

Independent Public Accountant

Name - if individual, state last, first, and middle name	PricewaterhouseCoopers LLP
Address 1	300 Madison Avenue
City	New York
State/Country	NEW YORK
Mailing Zip/ Postal Code	10017
Check One	Certified Public Accountant Certified Public Accountant not resident in United States or any of its possessions

Oath or Affirmation

I, Noah Rhodes, swear (or affirm) that, to the best of my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of NATIONAL FINANCIAL SERVICES LLC, as of 12-31-2025, are 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	Noah Rhodes
Title	Chief Financial Officer

Notary Public

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