{"url":"https://nivawealth.com/firms/cordoba-advisory-partners-310199","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/310199","regulatoryAum":2814184308,"crd":"310199","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7941683","suffix":null,"lastName":"Antonio","firstName":"Jose Miguel","middleName":"Cadapan"},{"crd":"7785553","suffix":null,"lastName":"El Hoffi","firstName":"Omar","middleName":null},{"crd":"8155767","suffix":null,"lastName":"Kanafani","firstName":"Marwan","middleName":null},{"crd":"7696755","suffix":null,"lastName":"Perrault","firstName":"Mitchell","middleName":"Scott"},{"crd":"4564524","suffix":null,"lastName":"SARAFA","firstName":"RAMI","middleName":"RYAN"},{"crd":"6633769","suffix":null,"lastName":"SCARINGE","firstName":"FORREST","middleName":"CHRISTOPHER"},{"crd":"7808716","suffix":null,"lastName":"Tabbaa","firstName":"Sarah","middleName":null}],"total":7,"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":"2021-06-02","regulatoryAum":0,"clients":0,"employees":4,"offices":1},{"filedOn":"2022-04-30","regulatoryAum":1162388842,"clients":30,"employees":8,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":1098200000,"clients":49,"employees":10,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":1515091768,"clients":52,"employees":10,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":2609381208,"clients":57,"employees":9,"offices":1},{"filedOn":"2026-03-24","regulatoryAum":2814184308,"clients":62,"employees":11,"offices":1}],"secFileNumber":"801-121538","legalName":"Cordoba Advisory Partners LLC","displayName":"Cordoba Advisory Partners","slug":"cordoba-advisory-partners-310199","website":"https://cordobapartners.co/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/cordoba-advisory-partners-llc/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"488 Madison Avenue, 24th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10022"},"tradeNames":[],"registration":{"secApproved":"21 June 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":38805809.649122804,"staff":{"employees":11,"advisory":7,"brokerDealerReps":0,"insuranceAgents":0,"promoters":3},"aum":{"regulatory":2814184308,"discretionary":1814960292,"discretionaryAccounts":62,"nonDiscretionary":999224016,"nonDiscretionaryAccounts":16,"wrapProgram":null,"nonUsClientsPct":89,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":57,"regulatoryAum":2211931150},{"label":"Investment companies","clients":1,"regulatoryAum":1549074},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":35000000},{"label":"Charitable organizations","clients":1,"regulatoryAum":705322},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":564998762}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024482","versionId":1024482,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-24","documentName":"CORDOBA ADVISORY PARTNERS DISCLOSURE BROCHURE 2026","fee_rate_low":0.5,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Data Aggregation and Reporting Services","summary":"Reporting fees range from 0.12% to 0.50% annually, based on the scope, complexity and level of the reported assets.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024482","versionId":1024482,"submittedOn":"2026-03-24","documentName":"CORDOBA ADVISORY PARTNERS DISCLOSURE BROCHURE 2026"},{"role":"other","program":"Financial Planning Services","summary":"Financial planning is billed hourly at $500 to $1,500 per hour, or as a fixed engagement fee negotiated from the expected hours.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024482","versionId":1024482,"submittedOn":"2026-03-24","documentName":"CORDOBA ADVISORY PARTNERS DISCLOSURE BROCHURE 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:30:34.44012+00:00","documents":[{"name":"CORDOBA ADVISORY PARTNERS DISCLOSURE BROCHURE 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024482","versionId":1024482,"submittedOn":"2026-03-24"}]},"custodians":[{"name":"Pictet","shortName":"Pictet","location":"Geneva","smaAssets":175000000},{"name":"Mercury Investment Services LLC","shortName":"Mercury Investment Services","location":"San Francisco, CA","smaAssets":170000000},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":578000000}],"custodyNote":"Cordoba Advisory Partners has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Rami Sarafa","title":"Chief Executive Officer and Portfolio Manager","crd":"4564524"},{"name":"Natasha-Christina Akda","title":"Chief Compliance Officer / Chief Operating Officer / Chief Legal Counsel","crd":"7381028"}],"ownership":[{"label":"Cordoba International Holdings, LLC","detail":"Managing member in the 75% or more ownership band and a control person, since May 2021."},{"label":"Cordoba International","detail":"Managing member in the 75% or more ownership band and a control person, since May 2021."},{"label":"Rami Sarafa","detail":"Indirect owner: a managing member of Qaus Investments LLC in the 75% or more band and a control person, since September 2021.","parent":"Qaus Investments LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"488 Madison Avenue, 24th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-746-4806","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":60},{"label":"Non-exchange-traded equity securities","percent":10},{"label":"Cash and cash equivalents","percent":20},{"label":"Other","percent":10,"detail":"Properties, Art, Etc."}],"privateFunds":2},"sources":{"adv1FilingDate":"24 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/310199/PDF/310199.pdf","brochureDate":"24 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1024482","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cordoba Advisory Partners have?","answer":"Cordoba Advisory Partners has 62 clients and manages $2.81 billion for them, as of March 2026. They include 57 high-net-worth individuals, 2 pooled investment vehicles and 1 investment company.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cordoba Advisory Partners offer?","answer":"Cordoba Advisory Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Cordoba Advisory Partners charge?","answer":"Cordoba Advisory Partners charges 0.50%–1.50% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.","source":"CORDOBA ADVISORY PARTNERS DISCLOSURE BROCHURE 2026, filed 24 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Cordoba Advisory Partners use?","answer":"Cordoba Advisory Partners’ separately managed account assets are held at J.P. Morgan Securities LLC (New York, NY), with $578M, Pictet (Geneva), with $175M and Mercury Investment Services LLC (San Francisco, CA), with $170M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cordoba Advisory Partners have?","answer":"Cordoba Advisory Partners has 7 investment adviser representatives registered with state securities authorities, out of 11 employees, and 7 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Cordoba Advisory Partners invest in?","answer":"At the end of its last fiscal year, Cordoba Advisory Partners’ separately managed accounts held 60% exchange-traded equities, 20% cash and equivalents, 10% non-exchange-traded equities and 10% other. The 10% other category is described as: Properties, Art, Etc. It advises 2 private funds.","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 Cordoba Advisory Partners?","answer":"Cordoba Advisory Partners’ direct owners are Cordoba International Holdings, LLC (75% or more), Cordoba International (75% or more) and Rami Sarafa (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cordoba Advisory Partners get paid?","answer":"Cordoba Advisory Partners is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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":"How do I contact Cordoba Advisory Partners?","answer":"Cordoba Advisory Partners’ main office is at 488 Madison Avenue, 24th Floor, New York, NY 10022. Its phone number is 917-746-4806. Its website is cordobapartners.co.","source":"Form ADV Part 1A, Item 1.F, filed 24 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/cordoba-advisory-partners-310199/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-21","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2067133/000206713326000004/0002067133-26-000004-index.html","totalValue":471848971,"positionCount":144,"top10Share":0.4972619639346421,"top10":[{"issuer":"ISHARES TR","titleOfClass":"CORE US AGGBD ET","cusip":"464287226","value":88698012,"shares":896121,"shareType":"SH"},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":22662655,"shares":30274,"shareType":"SH","priorValue":47679951,"priorShares":73132},{"issuer":"ISHARES TR","titleOfClass":"IBOXX INV CP ETF","cusip":"464287242","value":18070936,"shares":165682,"shareType":"SH","priorValue":17851254,"priorShares":163788},{"issuer":"ISHARES TR","titleOfClass":"7-10 YR TRSY BD","cusip":"464287440","value":17105916,"shares":180881,"shareType":"SH","priorValue":16992138,"priorShares":178040},{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":15887417,"shares":92985,"shareType":"SH"},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":15706658,"shares":22869,"shareType":"SH","priorValue":13521959,"priorShares":22629},{"issuer":"ISHARES TR","titleOfClass":"PFD AND INCM SEC","cusip":"464288687","value":15536027,"shares":509545,"shareType":"SH","priorValue":14542260,"priorShares":479626},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EUROPE ETF","cusip":"922042874","value":13803801,"shares":155920,"shareType":"SH","priorValue":12679843,"priorShares":153826},{"issuer":"ISHARES TR","titleOfClass":"3 7 YR TREAS BD","cusip":"464288661","value":13777825,"shares":117308,"shareType":"SH","priorValue":13763411,"priorShares":116049},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":13383299,"shares":61411,"shareType":"SH","priorValue":11989586,"priorShares":61109}],"positionsListed":144,"positions":[{"issuer":"ISHARES TR","titleOfClass":"CORE US AGGBD ET","cusip":"464287226","value":88698012,"shares":896121,"shareType":"SH"},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":22662655,"shares":30274,"shareType":"SH","priorValue":47679951,"priorShares":73132},{"issuer":"ISHARES TR","titleOfClass":"IBOXX INV CP ETF","cusip":"464287242","value":18070936,"shares":165682,"shareType":"SH","priorValue":17851254,"priorShares":163788},{"issuer":"ISHARES TR","titleOfClass":"7-10 YR TRSY BD","cusip":"464287440","value":17105916,"shares":180881,"shareType":"SH","priorValue":16992138,"priorShares":178040},{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":15887417,"shares":92985,"shareType":"SH"},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":15706658,"shares":22869,"shareType":"SH","priorValue":13521959,"priorShares":22629},{"issuer":"ISHARES TR","titleOfClass":"PFD AND INCM SEC","cusip":"464288687","value":15536027,"shares":509545,"shareType":"SH","priorValue":14542260,"priorShares":479626},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EUROPE ETF","cusip":"922042874","value":13803801,"shares":155920,"shareType":"SH","priorValue":12679843,"priorShares":153826},{"issuer":"ISHARES TR","titleOfClass":"3 7 YR TREAS BD","cusip":"464288661","value":13777825,"shares":117308,"shareType":"SH","priorValue":13763411,"priorShares":116049},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":13383299,"shares":61411,"shareType":"SH","priorValue":11989586,"priorShares":61109},{"issuer":"PROSHARES TR","titleOfClass":"S&P 500 DV ARIST","cusip":"74348A467","value":12169142,"shares":216687,"shareType":"SH","priorValue":11424910,"priorShares":107772},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"FTSE EMR MKT ETF","cusip":"922042858","value":11169252,"shares":187121,"shareType":"SH","priorValue":9890718,"priorShares":182992},{"issuer":"INVESCO QQQ TR","titleOfClass":"UNIT SER 1","cusip":"46090E103","value":11068337,"shares":15025,"shareType":"SH","priorValue":16873311,"priorShares":29234},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"LG-TERM COR BD","cusip":"92206C813","value":10707097,"shares":142287,"shareType":"SH","priorValue":10126428,"priorShares":135525},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR P500ETF","cusip":"78464A854","value":10561687,"shares":120183,"shareType":"SH","priorValue":9674265,"priorShares":126395},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MID CAP ETF","cusip":"922908629","value":9777350,"shares":120997,"shareType":"SH","priorValue":8577681,"priorShares":29764},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"VAR RATE PFD","cusip":"46138G870","value":9716245,"shares":399681,"shareType":"SH","priorValue":9199807,"priorShares":383645},{"issuer":"PIMCO ETF TR","titleOfClass":"SR LN ACTIVE ETF","cusip":"72201R627","value":8468845,"shares":171747,"shareType":"SH","priorValue":8330255,"priorShares":168699},{"issuer":"ISHARES TR","titleOfClass":"20 YR TR BD ETF","cusip":"464287432","value":7572607,"shares":87626,"shareType":"SH","priorValue":7328983,"priorShares":84542},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"SR LN ETF","cusip":"46138G508","value":6209152,"shares":304818,"shareType":"SH","priorValue":6126552,"priorShares":300174},{"issuer":"GLOBAL X FDS","titleOfClass":"US INFR DEV ETF","cusip":"37954Y673","value":6038338,"shares":102307,"shareType":"SH","priorValue":5120429,"priorShares":100776},{"issuer":"ISHARES TR","titleOfClass":"RUS 1000 GRW ETF","cusip":"464287614","value":5914634,"shares":47652,"shareType":"SH","priorValue":4906916,"priorShares":11521},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SMALL CP ETF","cusip":"922908751","value":5484042,"shares":18043,"shareType":"SH","priorValue":4626326,"priorShares":17601},{"issuer":"ISHARES TR","titleOfClass":"CORE INTL AGGR","cusip":"46435G672","value":5280970,"shares":104367,"shareType":"SH","priorValue":5222525,"priorShares":104367},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":5251390,"shares":65667,"shareType":"SH","priorValue":5011484,"priorShares":62990},{"issuer":"ISHARES INC","titleOfClass":"MSCI JAPAN ETF","cusip":"46434G822","value":5168184,"shares":55411,"shareType":"SH","priorValue":4554103,"priorShares":53933},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"PFD ETF","cusip":"46138E511","value":5046790,"shares":465571,"shareType":"SH","priorValue":4992832,"priorShares":458900},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"S&P SMLCP INFO","cusip":"46138E115","value":4779228,"shares":51743,"shareType":"SH","priorValue":3292861,"priorShares":54840},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"REAL ESTATE ETF","cusip":"922908553","value":4337132,"shares":44977,"shareType":"SH","priorValue":3801771,"priorShares":42861},{"issuer":"ISHARES TR","titleOfClass":"EXPANDED TECH","cusip":"464287515","value":3708806,"shares":40941,"shareType":"SH","priorValue":2112607,"priorShares":26409},{"issuer":"ISHARES INC","titleOfClass":"MSCI PAC JP ETF","cusip":"464286665","value":3433885,"shares":64474,"shareType":"SH","priorValue":3238936,"priorShares":60951},{"issuer":"GLOBAL X FDS","titleOfClass":"GLB X MLP ENRG I","cusip":"37954Y293","value":3305566,"shares":44876,"shareType":"SH","priorValue":3287668,"priorShares":44464},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 EQL WGT","cusip":"46137V357","value":3217296,"shares":15121,"shareType":"SH","priorValue":2851356,"priorShares":14857},{"issuer":"ISHARES TR","titleOfClass":"CONV BD ETF","cusip":"46435G102","value":2737324,"shares":22485,"shareType":"SH","priorValue":2281826,"priorShares":22417},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":2674603,"shares":13367,"shareType":"SH","priorValue":897860,"priorShares":5148},{"issuer":"ISHARES TR","titleOfClass":"0-5YR HI YL CP","cusip":"46434V407","value":2290946,"shares":54019,"shareType":"SH","priorValue":2251442,"priorShares":53213},{"issuer":"ISHARES INC","titleOfClass":"MSCI EMRG CHN","cusip":"46434G764","value":2283336,"shares":22320,"shareType":"SH","priorValue":1676245,"priorShares":21310},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MCAP GR IDXVIP","cusip":"922908538","value":2222041,"shares":7263,"shareType":"SH","priorValue":1582955,"priorShares":6182},{"issuer":"ISHARES TR","titleOfClass":"US HOME CONS ETF","cusip":"464288752","value":2207146,"shares":21125,"shareType":"SH","priorValue":1569876,"priorShares":17336},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"GLB EX US ETF","cusip":"922042676","value":1790816,"shares":39929,"shareType":"SH","priorValue":1720304,"priorShares":38702},{"issuer":"VANGUARD WORLD FD","titleOfClass":"CONSUM STP ETF","cusip":"92204A207","value":1788319,"shares":7888,"shareType":"SH","priorValue":1771566,"priorShares":7888},{"issuer":"INVESCO ACTVELY MNGD ETC FD","titleOfClass":"OPTIMUM YIELD","cusip":"46090F100","value":1645533,"shares":103623,"shareType":"SH","priorValue":1794750,"priorShares":103623},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":1643338,"shares":4651,"shareType":"SH"},{"issuer":"KKR & CO INC","titleOfClass":"COM","cusip":"48251W104","value":1591374,"shares":17433,"shareType":"SH","priorValue":1590042,"priorShares":17259},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SML CP GRW ETF","cusip":"922908595","value":1486225,"shares":4064,"shareType":"SH","priorValue":1115553,"priorShares":3691},{"issuer":"ARES MANAGEMENT CORPORATION","titleOfClass":"CL A COM STK","cusip":"03990B101","value":1468792,"shares":13289,"shareType":"SH","priorValue":1487202,"priorShares":13669},{"issuer":"SPDR INDEX SHS FDS","titleOfClass":"ST MAR DIVID ETF","cusip":"78463X533","value":1451165,"shares":35431,"shareType":"SH","priorValue":1302840,"priorShares":33000},{"issuer":"SPDR INDEX SHS FDS","titleOfClass":"ST STR EU 50 ETF","cusip":"78463X202","value":1434794,"shares":20891,"shareType":"SH","priorValue":1106576,"priorShares":17825},{"issuer":"ISHARES TR","titleOfClass":"DEVSMCP EXNA ETF","cusip":"464288497","value":1361845,"shares":19677,"shareType":"SH","priorValue":1200175,"priorShares":18094},{"issuer":"BLACKSTONE INC","titleOfClass":"COM","cusip":"09260D107","value":1305409,"shares":11138,"shareType":"SH","priorValue":1291604,"priorShares":11287},{"issuer":"ISHARES TR","titleOfClass":"S&P MC 400GR ETF","cusip":"464287606","value":1304303,"shares":11129,"shareType":"SH","priorValue":1046738,"priorShares":10476},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":1265284,"shares":3542,"shareType":"SH","priorValue":876483,"priorShares":3048},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP HOME","cusip":"78464A888","value":1120104,"shares":9697,"shareType":"SH","priorValue":934125,"priorShares":9568},{"issuer":"HERCULES CAPITAL INC","titleOfClass":"COM","cusip":"427096508","value":1119681,"shares":70950,"shareType":"SH","priorValue":865569,"priorShares":58770},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"CHINA TECHNLGY","cusip":"46138E800","value":1091011,"shares":19193,"shareType":"SH","priorValue":880401,"priorShares":19193},{"issuer":"ARES CAPITAL CORP","titleOfClass":"COM","cusip":"04010L103","value":1088205,"shares":58179,"shareType":"SH","priorValue":855659,"priorShares":47141},{"issuer":"APOLLO GLOBAL MGMT INC","titleOfClass":"COM","cusip":"03769M106","value":1076016,"shares":9153,"shareType":"SH"},{"issuer":"VANECK ETF TRUST","titleOfClass":"SEMICONDUCTR ETF","cusip":"92189F676","value":1065821,"shares":1625,"shareType":"SH","priorValue":639511,"priorShares":1668},{"issuer":"FRANKLIN TEMPLETON ETF TR","titleOfClass":"SENIOR LOAN ETF","cusip":"35473P595","value":994155,"shares":43375,"shareType":"SH","priorValue":677488,"priorShares":29456},{"issuer":"VANECK ETF TRUST","titleOfClass":"BDC INCOME ETF","cusip":"92189F411","value":962970,"shares":76064,"shareType":"SH","priorValue":937510,"priorShares":73243},{"issuer":"ISHARES TR","titleOfClass":"GL CLEAN ENE ETF","cusip":"464288224","value":961350,"shares":46918,"shareType":"SH","priorValue":856118,"priorShares":46808},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":942622,"shares":2527,"shareType":"SH"},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":915246,"shares":3163,"shareType":"SH"},{"issuer":"MAIN STR CAP CORP","titleOfClass":"COM","cusip":"56035L104","value":883912,"shares":17045,"shareType":"SH","priorValue":665722,"priorShares":12582},{"issuer":"GLOBAL X FDS","titleOfClass":"GLOBAL X URANIUM","cusip":"37954Y871","value":867926,"shares":19861,"shareType":"SH","priorValue":952957,"priorShares":19677},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":864343,"shares":3625,"shareType":"SH","priorValue":245967,"priorShares":1181},{"issuer":"TC ENERGY CORP","titleOfClass":"COM","cusip":"87807B107","value":852508,"shares":12617,"shareType":"SH","priorValue":773239,"priorShares":12261},{"issuer":"ADVANCED MICRO DEVICES INC","titleOfClass":"COM","cusip":"007903107","value":834768,"shares":1437,"shareType":"SH","priorValue":375735,"priorShares":1847},{"issuer":"KINDER MORGAN INC DEL","titleOfClass":"COM","cusip":"49456B101","value":822077,"shares":25714,"shareType":"SH","priorValue":856826,"priorShares":25554},{"issuer":"SPDR SERIES TRUST","titleOfClass":"SP O&G EXPL PRO","cusip":"78468R556","value":797987,"shares":5173,"shareType":"SH","priorValue":936061,"priorShares":5148},{"issuer":"GOLDMAN SACHS BDC INC","titleOfClass":"SHS","cusip":"38147U107","value":779551,"shares":79546,"shareType":"SH","priorValue":593893,"priorShares":66009},{"issuer":"STATE STR SPDR DOW JONES IND","titleOfClass":"UT SER 1","cusip":"78467X109","value":770489,"shares":1474,"shareType":"SH","priorValue":683863,"priorShares":1474},{"issuer":"ALPS ETF TR","titleOfClass":"ALERIAN MLP","cusip":"00162Q452","value":764373,"shares":14742,"shareType":"SH","priorValue":762385,"priorShares":14483},{"issuer":"CARLYLE GROUP INC","titleOfClass":"COM","cusip":"14316J108","value":757420,"shares":18103,"shareType":"SH","priorValue":883776,"priorShares":18389},{"issuer":"ISHARES TR","titleOfClass":"GL TIMB FORE ETF","cusip":"464288174","value":617771,"shares":9326,"shareType":"SH","priorValue":661636,"priorShares":9325},{"issuer":"BROOKFIELD CORP","titleOfClass":"CL A LTD VT SH","cusip":"11271J107","value":605827,"shares":14235,"shareType":"SH","priorValue":553849,"priorShares":13795},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"GBL LISTED PVT","cusip":"46137V118","value":587190,"shares":10542,"shareType":"SH","priorValue":438934,"priorShares":7766},{"issuer":"BLUE OWL CAPITAL CORPORATION","titleOfClass":"COM","cusip":"69121K104","value":573525,"shares":51302,"shareType":"SH","priorValue":562188,"priorShares":49278},{"issuer":"ISHARES TR","titleOfClass":"MSCI JP VALUE","cusip":"46435U374","value":571631,"shares":13003,"shareType":"SH","priorValue":544811,"priorShares":12768},{"issuer":"VANGUARD SPECIALIZED FUNDS","titleOfClass":"DIV APP ETF","cusip":"921908844","value":524350,"shares":2216,"shareType":"SH","priorValue":476573,"priorShares":2216},{"issuer":"KLARNA GROUP PLC","titleOfClass":"SHS","cusip":"G5279N105","value":523933,"shares":25886,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"MSCI EURO FL ETF","cusip":"464289180","value":513147,"shares":13161,"shareType":"SH","priorValue":367807,"priorShares":10554},{"issuer":"RAYONIER INC","titleOfClass":"COM","cusip":"754907103","value":504178,"shares":23670,"shareType":"SH","priorValue":557045,"priorShares":27016},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"S&P SMLCP HELT","cusip":"46138E149","value":498077,"shares":9514,"shareType":"SH","priorValue":394970,"priorShares":9676},{"issuer":"MICRON TECHNOLOGY INC","titleOfClass":"COM","cusip":"595112103","value":489176,"shares":424,"shareType":"SH","priorValue":360012,"priorShares":1070},{"issuer":"FIRST SOLAR INC","titleOfClass":"COM","cusip":"336433107","value":482597,"shares":2049,"shareType":"SH","priorValue":407179,"priorShares":2082},{"issuer":"VANECK ETF TRUST","titleOfClass":"VANECK VIETNAM","cusip":"92189F817","value":476572,"shares":25808,"shareType":"SH","priorValue":457439,"priorShares":26423},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP REGBNK","cusip":"78464A698","value":475626,"shares":6358,"shareType":"SH","priorValue":410061,"priorShares":6358},{"issuer":"KRANESHARES TRUST","titleOfClass":"CSI CHI INTERNET","cusip":"500767306","value":462716,"shares":18917,"shareType":"SH","priorValue":443434,"priorShares":15622},{"issuer":"ISHARES INC","titleOfClass":"US INTL HGH YLD","cusip":"464286178","value":441260,"shares":9743,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"US REGNL BKS ETF","cusip":"464288778","value":440464,"shares":7076,"shareType":"SH","priorValue":396378,"priorShares":7401},{"issuer":"ETFS GOLD TR","titleOfClass":"PHYSCL GOLD SHS","cusip":"00326A104","value":434216,"shares":11358,"shareType":"SH","priorValue":506794,"priorShares":11358},{"issuer":"ARM HOLDINGS PLC","titleOfClass":"SPONSORED ADS","cusip":"042068205","value":429739,"shares":1212,"shareType":"SH","priorValue":254453,"priorShares":1682},{"issuer":"ISHARES INC","titleOfClass":"MSCI CDA ETF","cusip":"464286509","value":420426,"shares":7294,"shareType":"SH","priorValue":407528,"priorShares":7438},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"U S TEC LEA ETF","cusip":"46654Q732","value":413187,"shares":3704,"shareType":"SH","priorValue":294616,"priorShares":3704},{"issuer":"BROADCOM INC","titleOfClass":"COM","cusip":"11135F101","value":409859,"shares":1085,"shareType":"SH"},{"issuer":"VANGUARD TAX-MANAGED FDS","titleOfClass":"VAN FTSE DEV MKT","cusip":"921943858","value":407764,"shares":5723,"shareType":"SH","priorValue":223062,"priorShares":3481},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EURO","cusip":"46434V738","value":389230,"shares":5178,"shareType":"SH","priorValue":344393,"priorShares":4901},{"issuer":"IVANHOE ELECTRIC INC","titleOfClass":"COM","cusip":"46578C108","value":384563,"shares":40017,"shareType":"SH","priorValue":510080,"priorShares":43154},{"issuer":"UNITEDHEALTH GROUP INC","titleOfClass":"COM","cusip":"91324P102","value":380910,"shares":915,"shareType":"SH"},{"issuer":"LAM RESEARCH CORP","titleOfClass":"COM NEW","cusip":"512807306","value":377652,"shares":871,"shareType":"SH"},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR FINL ETF","cusip":"81369Y605","value":376235,"shares":7018,"shareType":"SH","priorValue":371262,"priorShares":7520},{"issuer":"OXFORD LANE CAP CORP","titleOfClass":"COM","cusip":"691543847","value":375841,"shares":42881,"shareType":"SH","priorValue":145370,"priorShares":14864},{"issuer":"ENBRIDGE INC","titleOfClass":"COM","cusip":"29250N105","value":370054,"shares":6806,"shareType":"SH","priorValue":394119,"priorShares":7285},{"issuer":"ABRDN SILVER ETF TRUST","titleOfClass":"PHYSCL SILVR SHS","cusip":"003264108","value":369084,"shares":6565,"shareType":"SH","priorValue":470120,"priorShares":6565},{"issuer":"QUANTINUUM INC","titleOfClass":"CL A COM","cusip":"74768A104","value":364479,"shares":4459,"shareType":"SH"},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":357126,"shares":634,"shareType":"SH"},{"issuer":"AMPLIFY ETF TR","titleOfClass":"AMPLIFY LITHIUM","cusip":"032108805","value":345882,"shares":22609,"shareType":"SH","priorValue":330173,"priorShares":22609},{"issuer":"MARVELL TECHNOLOGY INC","titleOfClass":"COM","cusip":"573874104","value":333637,"shares":1120,"shareType":"SH"},{"issuer":"ASTRAZENECA PLC","titleOfClass":"ORD","cusip":"G0593M107","value":332953,"shares":1758,"shareType":"SH"},{"issuer":"PALO ALTO NETWORKS INC","titleOfClass":"COM","cusip":"697435105","value":324651,"shares":952,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EAFE","cusip":"46432F842","value":317458,"shares":3287,"shareType":"SH","priorValue":322739,"priorShares":3565},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":316537,"shares":4105,"shareType":"SH","priorValue":277211,"priorShares":4105},{"issuer":"CONOCOPHILLIPS","titleOfClass":"COM","cusip":"20825C104","value":307935,"shares":2962,"shareType":"SH","priorValue":359964,"priorShares":2727},{"issuer":"ISHARES INC","titleOfClass":"CORE MSCI EMKT","cusip":"46434G103","value":306177,"shares":3696,"shareType":"SH","priorValue":244195,"priorShares":3501},{"issuer":"ELI LILLY & CO","titleOfClass":"COM","cusip":"532457108","value":294315,"shares":242,"shareType":"SH"},{"issuer":"XPEL INC","titleOfClass":"COM","cusip":"98379L100","value":285994,"shares":5766,"shareType":"SH","priorValue":255203,"priorShares":5766},{"issuer":"ST JOE CO","titleOfClass":"COM","cusip":"790148100","value":280251,"shares":4472,"shareType":"SH","priorValue":280767,"priorShares":4472},{"issuer":"JPMORGAN CHASE & CO","titleOfClass":"COM","cusip":"46625H100","value":274617,"shares":839,"shareType":"SH"},{"issuer":"CLOUDFLARE INC","titleOfClass":"CL A COM","cusip":"18915M107","value":274468,"shares":1119,"shareType":"SH","priorValue":302701,"priorShares":1467},{"issuer":"MORGAN STANLEY","titleOfClass":"COM NEW","cusip":"617446448","value":274048,"shares":1311,"shareType":"SH"},{"issuer":"ISHARES SILVER TR","titleOfClass":"ISHARES","cusip":"46428Q109","value":268419,"shares":5020,"shareType":"SH","priorValue":342063,"priorShares":5020},{"issuer":"ETF OPPORTUNITIES TRUST","titleOfClass":"BROO CATA BD ETF","cusip":"26923N470","value":267119,"shares":13580,"shareType":"SH"},{"issuer":"SHOPIFY INC","titleOfClass":"CL A SUB VTG SHS","cusip":"82509L107","value":263437,"shares":2306,"shareType":"SH"},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"INT-TERM CORP","cusip":"92206C870","value":261422,"shares":3163,"shareType":"SH","priorValue":261738,"priorShares":3163},{"issuer":"ON SEMICONDUCTOR CORP","titleOfClass":"COM","cusip":"682189105","value":259701,"shares":2747,"shareType":"SH","priorValue":207804,"priorShares":3356},{"issuer":"EPR PPTYS","titleOfClass":"COM SH BEN INT","cusip":"26884U109","value":258487,"shares":4432,"shareType":"SH","priorValue":222668,"priorShares":4432},{"issuer":"TWILIO INC","titleOfClass":"CL A","cusip":"90138F102","value":247802,"shares":1201,"shareType":"SH","priorValue":293412,"priorShares":2332},{"issuer":"TEXAS INSTRS INC","titleOfClass":"COM","cusip":"882508104","value":239946,"shares":805,"shareType":"SH"},{"issuer":"BLOOM ENERGY CORP","titleOfClass":"COM CL A","cusip":"093712107","value":238225,"shares":787,"shareType":"SH","priorValue":217597,"priorShares":1606},{"issuer":"EXXON MOBIL CORP","titleOfClass":"COM","cusip":"30231G102","value":238029,"shares":1741,"shareType":"SH","priorValue":245498,"priorShares":1447},{"issuer":"DATADOG INC","titleOfClass":"CL A COM","cusip":"23804L103","value":232241,"shares":892,"shareType":"SH"},{"issuer":"WEYERHAEUSER CO","titleOfClass":"COM NEW","cusip":"962166104","value":225995,"shares":9429,"shareType":"SH","priorValue":230292,"priorShares":9429},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP BIOT","cusip":"78464A870","value":225506,"shares":1425,"shareType":"SH"},{"issuer":"ONTO INNOVATION INC","titleOfClass":"COM","cusip":"683344105","value":225178,"shares":595,"shareType":"SH"},{"issuer":"MERCK & CO INC","titleOfClass":"COM","cusip":"58933Y105","value":216254,"shares":1673,"shareType":"SH"},{"issuer":"ARCHER DANIELS MIDLAND CO","titleOfClass":"COM","cusip":"039483102","value":207520,"shares":2715,"shareType":"SH"},{"issuer":"VANGUARD ADMIRAL FDS INC","titleOfClass":"500 GRTH IDX F","cusip":"921932505","value":206054,"shares":2494,"shareType":"SH","priorValue":204253,"priorShares":501},{"issuer":"JOHNSON & JOHNSON","titleOfClass":"COM","cusip":"478160104","value":204805,"shares":802,"shareType":"SH"},{"issuer":"GLOBAL X FDS","titleOfClass":"LITHIUM BTRY ETF","cusip":"37954Y855","value":201627,"shares":2567,"shareType":"SH","priorValue":218458,"priorShares":2938},{"issuer":"ISHARES TR","titleOfClass":"RUSSELL 2000 ETF","cusip":"464287655","value":201602,"shares":671,"shareType":"SH"},{"issuer":"JANUS DETROIT STR TR","titleOfClass":"B-BBB CLO ETF","cusip":"47103U753","value":201267,"shares":4230,"shareType":"SH"},{"issuer":"PHILIP MORRIS INTL INC","titleOfClass":"COM","cusip":"718172109","value":201165,"shares":1103,"shareType":"SH"},{"issuer":"BAIN CAP SPECIALTY FIN INC","titleOfClass":"COM STK","cusip":"05684B107","value":136193,"shares":10878,"shareType":"SH","priorValue":134887,"priorShares":10878}]},"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."}