{"url":"https://nivawealth.com/firms/brown-wealth-management-324695","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/324695","regulatoryAum":530789306,"crd":"324695","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4993109","suffix":null,"lastName":"Aagaard","firstName":"Gregory","middleName":"Scott"},{"crd":"5608638","suffix":null,"lastName":"BROWN","firstName":"SCOTT","middleName":"ALEXANDER"},{"crd":"7552196","suffix":null,"lastName":"Dykema","firstName":"Jack","middleName":null},{"crd":"5651851","suffix":null,"lastName":"IMBROGNO","firstName":"MELISSA","middleName":"ANNE"},{"crd":"6677737","suffix":null,"lastName":"Jones","firstName":"Tyler","middleName":"Paul"},{"crd":"6219999","suffix":null,"lastName":"WEST","firstName":"WILLIAM","middleName":"SCOTT"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-07-25","regulatoryAum":242290134,"clients":298,"employees":8,"offices":1},{"filedOn":"2024-03-14","regulatoryAum":326110449,"clients":383,"employees":8,"offices":1},{"filedOn":"2025-05-02","regulatoryAum":408633850,"clients":414,"employees":8,"offices":1},{"filedOn":"2026-03-11","regulatoryAum":530789306,"clients":450,"employees":12,"offices":1}],"secFileNumber":"801-127594","legalName":"Brown Wealth Management, LLC","displayName":"Brown Wealth Management","slug":"brown-wealth-management-324695","website":"https://raiwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/rai-wealth/?trk=company_name","xUrl":"https://x.com/raiwealth","founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1700 Park Street, Suite 106","city":"Naperville","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60563"},"tradeNames":[],"registration":{"secApproved":"5 April 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1066531.8229665072,"staff":{"employees":12,"advisory":6,"brokerDealerReps":2,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":530789306,"discretionary":472998575,"discretionaryAccounts":1205,"nonDiscretionary":57790731,"nonDiscretionaryAccounts":15,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":2},"clientTypes":[{"label":"Individuals (other than HNW)","clients":281,"regulatoryAum":87787548},{"label":"High-net-worth individuals","clients":137,"regulatoryAum":358022754},{"label":"Pension and profit-sharing plans","clients":15,"regulatoryAum":57790731},{"label":"Charitable organizations","clients":15,"regulatoryAum":23191498},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":3996775}],"feePrograms":[{"role":"main","program":"Portfolio Management & Sub-Adviser Fees","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":1.25,"from":0},{"to":2000000,"pct":1,"from":500000},{"to":5000000,"pct":0.85,"from":2000000},{"to":null,"pct":0.75,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017527","versionId":1017527,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-11","documentName":"ADV 2A","fee_rate_low":0.75,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Stand-alone financial planning is a negotiated fixed fee of $300 to $2,500 per project; clients with at least $500,000 under management receive planning at no added cost.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017527","versionId":1017527,"submittedOn":"2026-03-11","documentName":"ADV 2A"},{"role":"other","program":"Tax Preparation","summary":"Tax preparation is a fixed fee of $250 to $4,000, depending on complexity, billed directly to the client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017527","versionId":1017527,"submittedOn":"2026-03-11","documentName":"ADV 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:16:44.466291+00:00","documents":[{"name":"ADV 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017527","versionId":1017527,"submittedOn":"2026-03-11"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":471424813}],"custodyNote":"Brown Wealth Management has custody of $153M in client assets for 174 clients.","leadership":[{"name":"Gregory Aagaard","title":"Owner/Member","crd":"4993109"},{"name":"Scott Brown","title":"Managing Partner","crd":"5608638"},{"name":"Melissa Imbrogno","title":"Partner & CCO","crd":"5651851"},{"name":"William West","title":"Owner/Member","crd":"6219999"}],"ownership":[{"label":"Scott Brown","detail":"Managing partner in the 75% or more ownership band and a control person, since November 2014."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"1700 Park Street, Suite 106","city":"Naperville","headquarters":true}]}],"brochureServices":["business succession planning","education planning","estate planning","insurance","philanthropic planning","tax planning","tax preparation"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"630-733-8434","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":79},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"11 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/324695/PDF/324695.pdf","brochureDate":"11 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017527","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-26","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Brown Wealth Management have?","answer":"Brown Wealth Management has 450 clients and manages $531 million for them, as of March 2026. They include 281 individual clients, 137 high-net-worth individuals, and 15 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 11 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brown Wealth Management offer?","answer":"Brown Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, education planning, estate planning, insurance, philanthropic planning, tax planning, and tax preparation.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Brown Wealth Management charge?","answer":"Brown Wealth Management charges 0.75%–1.25% a year for its Portfolio Management & Sub-Adviser Fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"ADV 2A, filed 11 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Brown Wealth Management use?","answer":"Brown Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $471M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brown Wealth Management have?","answer":"Brown Wealth Management has 5 investment adviser representatives registered with state securities authorities, out of 12 employees, and 6 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Brown Wealth Management invest in?","answer":"At the end of its last fiscal year, Brown Wealth Management’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 9% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Brown Wealth Management?","answer":"Brown Wealth Management’s direct owner is Scott Brown (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 11 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brown Wealth Management get paid?","answer":"Brown Wealth Management is paid through a percentage of assets under management, fixed fees and commissions. Its Form ADV lists no performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Brown Wealth Management registered with the SEC?","answer":"Yes, Brown Wealth Management has been registered with the SEC as an investment adviser since 5 April 2023. Its CRD number is 324695 and its SEC file number is 801-127594.","source":"Form ADV Part 1A, Item 1, filed 11 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Brown Wealth Management?","answer":"Brown Wealth Management’s main office is at 1700 Park Street, Suite 106, Naperville, IL 60563. Its phone number is 630-733-8434. Its website is raiwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 11 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/brown-wealth-management-324695/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-20","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1987005/000110465926084985/0001104659-26-084985-index.html","totalValue":447180367,"positionCount":134,"top10Share":0.5747152937955347,"top10":[{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":78596908,"shares":104951,"shareType":"SH","priorValue":67212853,"priorShares":102896},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV MKT","cusip":"921943858","value":31751572,"shares":445636,"shareType":"SH","priorValue":28073156,"priorShares":438095},{"issuer":"VANGUARD BD INDEX FDS","titleOfClass":"INTERMED TERM","cusip":"921937819","value":29792440,"shares":388428,"shareType":"SH","priorValue":26758372,"priorShares":346701},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":22966916,"shares":105387,"shareType":"SH","priorValue":19360069,"priorShares":98675},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH ETF","cusip":"922908736","value":22124731,"shares":256846,"shareType":"SH","priorValue":18725593,"priorShares":42871},{"issuer":"ISHARES TR","titleOfClass":"NATIONAL MUN ETF","cusip":"464288414","value":20822815,"shares":193485,"shareType":"SH","priorValue":17912856,"priorShares":168750},{"issuer":"ISHARES TR","titleOfClass":"SHRT NAT MUN ETF","cusip":"464288158","value":17898176,"shares":168105,"shareType":"SH","priorValue":16549910,"priorShares":155398},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EMR MKT ETF","cusip":"922042858","value":11460149,"shares":191994,"shareType":"SH","priorValue":9100928,"priorShares":168380},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI INTL","cusip":"46435G326","value":11442973,"shares":128558,"shareType":"SH","priorValue":9726227,"priorShares":116384},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"POWER BUFFER SET","cusip":"45783Y723","value":10144716,"shares":275784,"shareType":"SH","priorValue":10778907,"priorShares":312704}],"positionsListed":134,"positions":[{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":78596908,"shares":104951,"shareType":"SH","priorValue":67212853,"priorShares":102896},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV MKT","cusip":"921943858","value":31751572,"shares":445636,"shareType":"SH","priorValue":28073156,"priorShares":438095},{"issuer":"VANGUARD BD INDEX FDS","titleOfClass":"INTERMED TERM","cusip":"921937819","value":29792440,"shares":388428,"shareType":"SH","priorValue":26758372,"priorShares":346701},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":22966916,"shares":105387,"shareType":"SH","priorValue":19360069,"priorShares":98675},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"GROWTH ETF","cusip":"922908736","value":22124731,"shares":256846,"shareType":"SH","priorValue":18725593,"priorShares":42871},{"issuer":"ISHARES TR","titleOfClass":"NATIONAL MUN ETF","cusip":"464288414","value":20822815,"shares":193485,"shareType":"SH","priorValue":17912856,"priorShares":168750},{"issuer":"ISHARES TR","titleOfClass":"SHRT NAT MUN ETF","cusip":"464288158","value":17898176,"shares":168105,"shareType":"SH","priorValue":16549910,"priorShares":155398},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EMR MKT ETF","cusip":"922042858","value":11460149,"shares":191994,"shareType":"SH","priorValue":9100928,"priorShares":168380},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI INTL","cusip":"46435G326","value":11442973,"shares":128558,"shareType":"SH","priorValue":9726227,"priorShares":116384},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"POWER BUFFER SET","cusip":"45783Y723","value":10144716,"shares":275784,"shareType":"SH","priorValue":10778907,"priorShares":312704},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"SHT TM US TRES","cusip":"808524862","value":9896379,"shares":409958,"shareType":"SH","priorValue":9635879,"priorShares":397028},{"issuer":"JANUS DETROIT STR TR","titleOfClass":"HENDRSON AAA CL","cusip":"47103U845","value":8863243,"shares":175545,"shareType":"SH","priorValue":5370276,"priorShares":106617},{"issuer":"PROSHARES TR","titleOfClass":"S&P 500 DV ARIST","cusip":"74348A467","value":7274501,"shares":129532,"shareType":"SH","priorValue":6600753,"priorShares":62265},{"issuer":"VANGUARD CHARLOTTE FDS","titleOfClass":"TOTAL INT BD ETF","cusip":"92203J407","value":7177097,"shares":148195,"shareType":"SH","priorValue":6556964,"priorShares":136461},{"issuer":"ISHARES TR","titleOfClass":"20 YR TR BD ETF","cusip":"464287432","value":7103372,"shares":82196,"shareType":"SH","priorValue":6499844,"priorShares":74978},{"issuer":"GLOBAL X FDS","titleOfClass":"ARTIFICIAL ETF","cusip":"37954Y632","value":6495850,"shares":99007,"shareType":"SH","priorValue":3198902,"priorShares":68543},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":6152198,"shares":79785,"shareType":"SH","priorValue":5276952,"priorShares":78142},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":5959503,"shares":29784,"shareType":"SH","priorValue":5054737,"priorShares":28984},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":5776452,"shares":19963,"shareType":"SH","priorValue":4854604,"priorShares":19128},{"issuer":"VANGUARD WHITEHALL FDS","titleOfClass":"EM MK GOV BD ETF","cusip":"921946885","value":5735325,"shares":85296,"shareType":"SH","priorValue":8225656,"priorShares":125219},{"issuer":"VANGUARD MUN BD FDS","titleOfClass":"TAX EXEMPT BD","cusip":"922907746","value":5679904,"shares":112295,"shareType":"SH","priorValue":6329402,"priorShares":126867},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP VA ETF","cusip":"808524409","value":5604494,"shares":161002,"shareType":"SH","priorValue":4948557,"priorShares":162248},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP GR ETF","cusip":"808524300","value":5363016,"shares":158482,"shareType":"SH","priorValue":4689441,"priorShares":160983},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"DEFINED WLT SHLD","cusip":"45783Y855","value":5340363,"shares":155832,"shareType":"SH","priorValue":4932975,"priorShares":147407},{"issuer":"NEW YORK LIFE INVESTMENTS ET","titleOfClass":"NYLI HEDGE MULTI","cusip":"45409B107","value":4861036,"shares":132815,"shareType":"SH","priorValue":4388111,"priorShares":128608},{"issuer":"ISHARES TR","titleOfClass":"MSCI EMG MKT ETF","cusip":"464287234","value":4212276,"shares":61574,"shareType":"SH","priorValue":3382895,"priorShares":59569},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN INT","cusip":"46438F101","value":3374141,"shares":101356,"shareType":"SH","priorValue":2998066,"priorShares":78034},{"issuer":"ISHARES TR","titleOfClass":"MSCI USA MIN VOL","cusip":"46429B697","value":3311178,"shares":34327,"shareType":"SH","priorValue":3198157,"priorShares":34485},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EAFE","cusip":"46432F842","value":2799786,"shares":28989,"shareType":"SH","priorValue":2586692,"priorShares":28573},{"issuer":"ABRDN PRECIOUS METALS BASKET","titleOfClass":"PHYSCL PRECS MET","cusip":"003263100","value":2718518,"shares":15007,"shareType":"SH","priorValue":3185657,"priorShares":14565},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SML CP GRW ETF","cusip":"922908595","value":2393978,"shares":6546,"shareType":"SH","priorValue":1989793,"priorShares":6583},{"issuer":"VANGUARD WELLINGTON FD","titleOfClass":"SHORT TRM TAX EX","cusip":"921935870","value":2287686,"shares":22581,"shareType":"SH","priorValue":2510666,"priorShares":24824},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":2200584,"shares":6228,"shareType":"SH","priorValue":1804938,"priorShares":6292},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SM CP VAL ETF","cusip":"922908611","value":2187111,"shares":9001,"shareType":"SH","priorValue":1918779,"priorShares":8832},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFINED P","cusip":"45784N858","value":2066018,"shares":78199,"shareType":"SH","priorValue":1860939,"priorShares":72622},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":2039475,"shares":8557,"shareType":"SH","priorValue":1724684,"priorShares":8281},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQTY PWR BUF","cusip":"45782C748","value":1963334,"shares":45416,"shareType":"SH","priorValue":307301,"priorShares":7347},{"issuer":"VANECK ETF TRUST","titleOfClass":"HIGH YLD MUNIETF","cusip":"92189H409","value":1879615,"shares":36490,"shareType":"SH","priorValue":1651075,"priorShares":32929},{"issuer":"ISHARES TR","titleOfClass":"MSCI EAFE MIN VL","cusip":"46429B689","value":1810773,"shares":20645,"shareType":"SH","priorValue":1901044,"priorShares":20806},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":1743801,"shares":2368,"shareType":"SH","priorValue":780929,"priorShares":1353},{"issuer":"VANGUARD MALVERN FDS","titleOfClass":"STRM INFPROIDX","cusip":"922020805","value":1706675,"shares":33977,"shareType":"SH","priorValue":1708638,"priorShares":34207},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 3000 ETF","cusip":"464287689","value":1699854,"shares":3987,"shareType":"SH","priorValue":985846,"priorShares":2660},{"issuer":"JPMORGAN CHASE & CO","titleOfClass":"COM","cusip":"46625H100","value":1638954,"shares":5007,"shareType":"SH","priorValue":1427270,"priorShares":4852},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":1546458,"shares":4179,"shareType":"SH","priorValue":1370996,"priorShares":4274},{"issuer":"ROBINHOOD MKTS INC","titleOfClass":"COM CL A","cusip":"770700102","value":1541604,"shares":15373,"shareType":"SH","priorValue":955994,"priorShares":13795},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P SCP ETF","cusip":"464287804","value":1509809,"shares":10180,"shareType":"SH","priorValue":1794053,"priorShares":14432},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":1420820,"shares":3809,"shareType":"SH","priorValue":1877682,"priorShares":5072},{"issuer":"TESLA INC","titleOfClass":"COM","cusip":"88160R101","value":1324469,"shares":3149,"shareType":"SH","priorValue":1333096,"priorShares":3586},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":1324054,"shares":3705,"shareType":"SH","priorValue":1041829,"priorShares":3623},{"issuer":"JBT MAREL CORPORATION","titleOfClass":"COM","cusip":"477839104","value":1280640,"shares":8832,"shareType":"SH","priorValue":1129348,"priorShares":8832},{"issuer":"BROADCOM INC","titleOfClass":"COM","cusip":"11135F101","value":1130606,"shares":2993,"shareType":"SH","priorValue":847438,"priorShares":2738},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"S&P500 LOW VOL","cusip":"46138E354","value":1097422,"shares":14652,"shareType":"SH","priorValue":1071442,"priorShares":14649},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFINED P","cusip":"45784N106","value":1068305,"shares":38764,"shareType":"SH","priorValue":909483,"priorShares":34035},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFINED P","cusip":"45784N742","value":1063395,"shares":37689,"shareType":"SH","priorValue":907462,"priorShares":32896},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFND 1YR","cusip":"45784N643","value":1058488,"shares":38638,"shareType":"SH","priorValue":903829,"priorShares":33582},{"issuer":"ISHARES TR","titleOfClass":"RUS 2000 GRW ETF","cusip":"464287648","value":977471,"shares":2481,"shareType":"SH","priorValue":791399,"priorShares":2522},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 EQL WGT","cusip":"46137V357","value":951758,"shares":4473,"shareType":"SH","priorValue":778769,"priorShares":4058},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":942547,"shares":1372,"shareType":"SH","priorValue":797307,"priorShares":1334},{"issuer":"CVS HEALTH CORP","titleOfClass":"COM","cusip":"126650100","value":922464,"shares":8917,"shareType":"SH","priorValue":859039,"priorShares":11961},{"issuer":"SPDR SERIES TRUST","titleOfClass":"STATE STREET SPD","cusip":"78468R739","value":869989,"shares":18138,"shareType":"SH","priorValue":822628,"priorShares":17199},{"issuer":"ISHARES TR","titleOfClass":"RUS 2000 VAL ETF","cusip":"464287630","value":830222,"shares":3753,"shareType":"SH","priorValue":732745,"priorShares":3865},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US DIVIDEND EQ","cusip":"808524797","value":803976,"shares":25354,"shareType":"SH","priorValue":486063,"priorShares":15843},{"issuer":"SPDR SERIES TRUST","titleOfClass":"STATE STREET SPD","cusip":"78464A284","value":759493,"shares":29854,"shareType":"SH","priorValue":811804,"priorShares":32734},{"issuer":"SPDR SERIES TRUST","titleOfClass":"STATE STREET SPD","cusip":"78468R606","value":739629,"shares":31554,"shareType":"SH"},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US REIT ETF","cusip":"808524847","value":739591,"shares":31233,"shareType":"SH","priorValue":778536,"priorShares":36228},{"issuer":"ADVANCED MICRO DEVICES INC","titleOfClass":"COM","cusip":"007903107","value":735432,"shares":1266,"shareType":"SH","priorValue":260797,"priorShares":1282},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":723742,"shares":969,"shareType":"SH","priorValue":547024,"priorShares":841},{"issuer":"ISHARES INC","titleOfClass":"CORE MSCI EMKT","cusip":"46434G103","value":722746,"shares":8725,"shareType":"SH","priorValue":488392,"priorShares":7002},{"issuer":"ALTIMMUNE INC","titleOfClass":"COM NEW","cusip":"02155H200","value":717853,"shares":236136,"shareType":"SH","priorValue":727299,"priorShares":236136},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"EQUITY PREMIUM","cusip":"46641Q332","value":709954,"shares":12570,"shareType":"SH"},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":669868,"shares":1189,"shareType":"SH","priorValue":818809,"priorShares":1431},{"issuer":"MICRON TECHNOLOGY INC","titleOfClass":"COM","cusip":"595112103","value":664913,"shares":576,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"S&P 500 GRWT ETF","cusip":"464287309","value":626862,"shares":4558,"shareType":"SH","priorValue":515555,"priorShares":4558},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFINED P","cusip":"45783Y251","value":599760,"shares":20012,"shareType":"SH","priorValue":615262,"priorShares":21165},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B NEW","cusip":"084670702","value":564440,"shares":1128,"shareType":"SH","priorValue":438947,"priorShares":916},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQUITY ACCELE","cusip":"45783Y103","value":564433,"shares":13140,"shareType":"SH","priorValue":702179,"priorShares":17739},{"issuer":"TRAVELERS COMPANIES INC","titleOfClass":"COM","cusip":"89417E109","value":563582,"shares":1707,"shareType":"SH","priorValue":582193,"priorShares":1996},{"issuer":"VANGUARD WORLD FD","titleOfClass":"MEGA GRWTH IND","cusip":"921910816","value":559782,"shares":6368,"shareType":"SH","priorValue":455816,"priorShares":1241},{"issuer":"ELI LILLY & CO","titleOfClass":"COM","cusip":"532457108","value":552937,"shares":461,"shareType":"SH","priorValue":1808268,"priorShares":1966},{"issuer":"APPLIED OPTOELECTRONICS INC","titleOfClass":"COM","cusip":"03823U102","value":519301,"shares":3505,"shareType":"SH","priorValue":436400,"priorShares":5159},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQTY PWR BUF","cusip":"45782C540","value":518190,"shares":11292,"shareType":"SH","priorValue":479910,"priorShares":11292},{"issuer":"GOLDMAN SACHS ETF TR","titleOfClass":"NASDAQ-100 PREMI","cusip":"38149W630","value":514514,"shares":8675,"shareType":"SH"},{"issuer":"CATERPILLAR INC","titleOfClass":"COM","cusip":"149123101","value":483465,"shares":454,"shareType":"SH","priorValue":307472,"priorShares":434},{"issuer":"GOLDMAN SACHS ETF TR","titleOfClass":"S&P 500 PREMIUM","cusip":"38149W622","value":482514,"shares":8683,"shareType":"SH"},{"issuer":"EDWARDS LIFESCIENCES CORP","titleOfClass":"COM","cusip":"28176E108","value":478352,"shares":5288,"shareType":"SH","priorValue":418738,"priorShares":5229},{"issuer":"DTE ENERGY CO","titleOfClass":"COM","cusip":"233331107","value":465461,"shares":3055,"shareType":"SH","priorValue":446674,"priorShares":3055},{"issuer":"ISHARES TR","titleOfClass":"GLB INFRASTR ETF","cusip":"464288372","value":442490,"shares":6644,"shareType":"SH"},{"issuer":"ABBVIE INC","titleOfClass":"COM","cusip":"00287Y109","value":433324,"shares":1722,"shareType":"SH","priorValue":357771,"priorShares":1645},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"S&P INTL LOW","cusip":"46138E230","value":428856,"shares":12433,"shareType":"SH","priorValue":428363,"priorShares":12433},{"issuer":"TIDAL TRUST II","titleOfClass":"ROUNDHILL GENER","cusip":"88636J600","value":421391,"shares":4270,"shareType":"SH","priorValue":265045,"priorShares":4285},{"issuer":"WAYSTAR HLDG CORP","titleOfClass":"COM","cusip":"946784105","value":413023,"shares":20118,"shareType":"SH"},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQTY PWR BUF","cusip":"45782C656","value":412884,"shares":8966,"shareType":"SH","priorValue":386076,"priorShares":8966},{"issuer":"COSTCO WHOLESALE CORPORATION","titleOfClass":"COM","cusip":"22160K105","value":412542,"shares":441,"shareType":"SH","priorValue":426472,"priorShares":428},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LRG CAP ETF","cusip":"808524201","value":401557,"shares":13644,"shareType":"SH","priorValue":351545,"priorShares":13711},{"issuer":"ISHARES TR","titleOfClass":"S&P 500 VAL ETF","cusip":"464287408","value":398036,"shares":1753,"shareType":"SH","priorValue":370146,"priorShares":1753},{"issuer":"WALMART INC","titleOfClass":"COM","cusip":"931142103","value":372634,"shares":3290,"shareType":"SH","priorValue":392103,"priorShares":3155},{"issuer":"MORGAN STANLEY","titleOfClass":"COM NEW","cusip":"617446448","value":367195,"shares":1757,"shareType":"SH","priorValue":283815,"priorShares":1725},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"INDEX AUTOCALLAB","cusip":"45784N585","value":354391,"shares":13925,"shareType":"SH"},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY AUTOCALLA","cusip":"45784N593","value":335336,"shares":14488,"shareType":"SH"},{"issuer":"CHEVRON CORPORATION","titleOfClass":"COM","cusip":"166764100","value":329756,"shares":1989,"shareType":"SH","priorValue":394831,"priorShares":1908},{"issuer":"NEOS ETF TRUST","titleOfClass":"GOLD HIGH INCOME","cusip":"78433H550","value":329557,"shares":6802,"shareType":"SH"},{"issuer":"VANGUARD WORLD FD","titleOfClass":"MEGA CAP VAL ETF","cusip":"921910840","value":325053,"shares":1989,"shareType":"SH","priorValue":285290,"priorShares":1968},{"issuer":"EXXON MOBIL CORP","titleOfClass":"COM","cusip":"30231G102","value":324847,"shares":2376,"shareType":"SH","priorValue":397513,"priorShares":2343},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQTY PWR BF","cusip":"45782C680","value":323040,"shares":7078,"shareType":"SH","priorValue":302372,"priorShares":7078},{"issuer":"PROCTER & GAMBLE CO","titleOfClass":"COM","cusip":"742718109","value":321932,"shares":2195,"shareType":"SH","priorValue":386975,"priorShares":2679},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DUAL NOV","cusip":"45784N452","value":316847,"shares":15783,"shareType":"SH","priorValue":299880,"priorShares":15783},{"issuer":"APPLIED MATLS INC","titleOfClass":"COM","cusip":"038222105","value":309444,"shares":428,"shareType":"SH"},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"US EQTY PWR BUF","cusip":"45782C813","value":307747,"shares":6305,"shareType":"SH","priorValue":293181,"priorShares":6378},{"issuer":"GOLDMAN SACHS GROUP INC","titleOfClass":"COM","cusip":"38141G104","value":289160,"shares":286,"shareType":"SH","priorValue":235024,"priorShares":278},{"issuer":"ONDAS INC","titleOfClass":"COM NEW","cusip":"68236H204","value":288400,"shares":35000,"shareType":"SH","priorValue":316400,"priorShares":35000},{"issuer":"INNOVATOR ETFS TRUST","titleOfClass":"EQUITY DEFINED P","cusip":"45783Y111","value":283088,"shares":10281,"shareType":"SH","priorValue":273750,"priorShares":10281},{"issuer":"CISCO SYS INC","titleOfClass":"COM","cusip":"17275R102","value":282726,"shares":2407,"shareType":"SH"},{"issuer":"FIRST TR EXCHNG TRADED FD VI","titleOfClass":"FT VEST US EQT","cusip":"33740U307","value":280908,"shares":5100,"shareType":"SH","priorValue":256683,"priorShares":5100},{"issuer":"GE AEROSPACE","titleOfClass":"COM NEW","cusip":"369604301","value":274303,"shares":734,"shareType":"SH","priorValue":218407,"priorShares":770},{"issuer":"JOHNSON & JOHNSON","titleOfClass":"COM","cusip":"478160104","value":273018,"shares":1075,"shareType":"SH","priorValue":315083,"priorShares":1289},{"issuer":"SPDR SERIES TRUST","titleOfClass":"STATE STREET SPD","cusip":"78464A854","value":271545,"shares":3090,"shareType":"SH","priorValue":224654,"priorShares":2935},{"issuer":"MARVELL TECHNOLOGY INC","titleOfClass":"COM","cusip":"573874104","value":270484,"shares":908,"shareType":"SH"},{"issuer":"ORACLE CORP","titleOfClass":"COM","cusip":"68389X105","value":267285,"shares":1824,"shareType":"SH","priorValue":263688,"priorShares":1792},{"issuer":"INTEL CORP","titleOfClass":"COM","cusip":"458140100","value":264738,"shares":1896,"shareType":"SH"},{"issuer":"DT MIDSTREAM INC","titleOfClass":"COMMON STOCK","cusip":"23345M107","value":259991,"shares":1772,"shareType":"SH","priorValue":238605,"priorShares":1772},{"issuer":"ISHARES TR","titleOfClass":"JPMORGAN USD EMG","cusip":"464288281","value":257074,"shares":2666,"shareType":"SH","priorValue":255394,"priorShares":2719},{"issuer":"DELL TECHNOLOGIES INC","titleOfClass":"CL C","cusip":"24703L202","value":253267,"shares":587,"shareType":"SH"},{"issuer":"NETFLIX INC.","titleOfClass":"COM","cusip":"64110L106","value":250685,"shares":3511,"shareType":"SH","priorValue":353159,"priorShares":3673},{"issuer":"ISHARES TR","titleOfClass":"MSCI EAFE ETF","cusip":"464287465","value":245476,"shares":2363,"shareType":"SH"},{"issuer":"LAM RESEARCH CORP","titleOfClass":"COM NEW","cusip":"512807306","value":244831,"shares":565,"shareType":"SH"},{"issuer":"UNITEDHEALTH GROUP INC","titleOfClass":"COM","cusip":"91324P102","value":237325,"shares":571,"shareType":"SH"},{"issuer":"MERCK & CO INC","titleOfClass":"COM","cusip":"58933Y105","value":235541,"shares":1833,"shareType":"SH","priorValue":239979,"priorShares":1995},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"STATE STREET TEC","cusip":"81369Y803","value":224726,"shares":1180,"shareType":"SH"},{"issuer":"GE VERNOVA INC","titleOfClass":"COM","cusip":"36828A101","value":223223,"shares":190,"shareType":"SH"},{"issuer":"CALAMOS ETF TR","titleOfClass":"AUTOCALLABLE INC","cusip":"12811T571","value":212603,"shares":7813,"shareType":"SH","priorValue":243680,"priorShares":9693},{"issuer":"CIPHER DIGITAL INC","titleOfClass":"COM","cusip":"17253J106","value":209132,"shares":8536,"shareType":"SH"},{"issuer":"PALANTIR TECHNOLOGIES INC","titleOfClass":"CL A","cusip":"69608A108","value":200556,"shares":1719,"shareType":"SH","priorValue":300605,"priorShares":2055},{"issuer":"BELLRING BRANDS INC","titleOfClass":"COMMON STOCK","cusip":"07831C103","value":182816,"shares":14128,"shareType":"SH"},{"issuer":"VERRA MOBILITY CORP","titleOfClass":"CL A COM STK","cusip":"92511U102","value":156387,"shares":36797,"shareType":"SH"}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}