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

Report for the Period Beginning	08-01-2025
and Ending	07-31-2026
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

BROWN ASSOCIATES, INC.

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

Address 1	819 BROAD STREET
City	CHATTANOOGA
State/Country	TENNESSEE
Mailing Zip/ Portal Code	37402-2613

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

Name	HUXLEY BROWN
Telephone Number	423-267-3776

Independent Public Accountant

Name - if individual, state last, first, and middle name	RODEFER MOSS & CO., PLLC
Address 1	608 MABRY HOOD ROAD
City	KNOXVILLE
State/Country	TENNESSEE
Mailing Zip/ Postal Code	37932
Check One	Certified Public Accountant Certified Public Accountant not resident in United States or any of its possessions

Oath or Affirmation

I, HUXLEY BROWN, swear (or affirm) that, to the best of my knowledge and belief the accompanying financial statement and supporting schedules pertaining to the firm of BROWN ASSOCIATES, INC., as of 07-31-2026, 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	HUXLEY BROWN
Title	PRESIDENT

Notary Public

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