{"url":"https://nivawealth.com/firms/financial-sense-advisors-111090","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111090","regulatoryAum":835564894,"crd":"111090","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"705891","suffix":null,"lastName":"BERNARD","firstName":"ROBERT","middleName":"THOMAS"},{"crd":"6677721","suffix":null,"lastName":"Colbert","firstName":"Crystal","middleName":"K"},{"crd":"7777842","suffix":null,"lastName":"Kile","firstName":"Nicholas","middleName":"D"},{"crd":"4001706","suffix":null,"lastName":"McMurtrie","firstName":"Brendan","middleName":"Robert"},{"crd":"6654122","suffix":null,"lastName":"Preiss","firstName":"Ryan","middleName":"Douglas"},{"crd":"5022365","suffix":null,"lastName":"PUPLAVA","firstName":"CHRISTOPHER","middleName":"MICHAEL"},{"crd":"736091","suffix":null,"lastName":"PUPLAVA","firstName":"JAMES","middleName":"JOSEPH"},{"crd":"3074049","suffix":null,"lastName":"PUPLAVA","firstName":"RYAN","middleName":"JAMES"},{"crd":"2027125","suffix":null,"lastName":"PUPLAVA","firstName":"WILLIAM","middleName":"TERRY"},{"crd":"7419307","suffix":null,"lastName":"Stonehouse","firstName":"Xavier","middleName":"I"}],"total":10,"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":"2021-03-29","regulatoryAum":561847898,"clients":993,"employees":17,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":601016692,"clients":1050,"employees":15,"offices":1},{"filedOn":"2023-06-23","regulatoryAum":584563111,"clients":1045,"employees":15,"offices":1},{"filedOn":"2024-05-09","regulatoryAum":568400487,"clients":1069,"employees":12,"offices":1},{"filedOn":"2025-04-30","regulatoryAum":681412925,"clients":1037,"employees":13,"offices":1},{"filedOn":"2026-08-31","regulatoryAum":835564894,"clients":597,"employees":11,"offices":1}],"secFileNumber":"801-25937","legalName":"Financial Sense Advisors, Inc.","displayName":"Financial Sense Advisors","slug":"financial-sense-advisors-111090","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/financial-sense-wealth-management/","founded":"1985","organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"10920 Via Frontera, Suite 500","city":"San Diego","state":"CA","stateName":"California","country":"United States","postalCode":"92127"},"tradeNames":["Financial Sense Wealth Management"],"registration":{"secApproved":"31 December 1985","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1382174.481292517,"staff":{"employees":11,"advisory":8,"brokerDealerReps":8,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":835564894,"discretionary":835564894,"discretionaryAccounts":1116,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":399,"regulatoryAum":206036373},{"label":"High-net-worth individuals","clients":189,"regulatoryAum":606682222},{"label":"Pension and profit-sharing plans","clients":3,"regulatoryAum":3053489},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":19792810}],"feePrograms":[{"role":"other","program":"Comprehensive financial planning","summary":"Comprehensive financial planning is a fixed fee, typically $1,500 to $5,000, or an hourly fee of $200 to $300 an hour, by mutual agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060754","versionId":1060754,"submittedOn":"2026-10-09","documentName":"FINANCIAL SENSE ADVISORS, INC. PAM BROCHURE"},{"role":"other","program":"Fee based annuity advice","summary":"Advice on the underlying investment options in certain annuities is charged a fixed fee set out in the Fee Based Annuity Agreement; no amount is stated.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060754","versionId":1060754,"submittedOn":"2026-10-09","documentName":"FINANCIAL SENSE ADVISORS, INC. PAM BROCHURE"},{"role":"other","program":"Retirement plan participant accounts","summary":"Discretionary management of held-away 401(k) participant accounts is charged 0.60% to 1% a year, based on account assets.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060754","versionId":1060754,"submittedOn":"2026-10-09","documentName":"FINANCIAL SENSE ADVISORS, INC. PAM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T06:13:52.760063+00:00","documents":[{"name":"FINANCIAL SENSE ADVISORS, INC. PAM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060754","versionId":1060754,"submittedOn":"2026-10-09"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060756","versionId":1060756,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060755","versionId":1060755,"submittedOn":null}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":871355000}],"custodyNote":"Financial Sense Advisors has custody of $544M in client assets for 587 clients.","otherCustodians":[],"leadership":[{"name":"James Puplava","title":"President","crd":"736091"},{"name":"Ryan Preiss","title":"COO","crd":"6654122"},{"name":"James Puplava","title":"CCO","crd":"736091"}],"ownership":[{"label":"James Puplava","detail":"President in the 75% or more ownership band and a control person, since March 1985. Also cco in the 75% or more ownership band and a control person, since November 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"10920 Via Frontera, Suite 500","city":"San Diego","headquarters":true}]}],"brochureServices":["insurance","retirement plan services"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"858-487-3939","stateRegisteredReps":8,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":62},{"label":"U.S. government/agency bonds","percent":4},{"label":"U.S. state and local bonds","percent":10},{"label":"Investment grade corporate bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":13},{"label":"Derivatives","percent":1},{"label":"Cash and cash equivalents","percent":7},{"label":"Other","percent":1,"detail":"Bullion"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111090/PDF/111090.pdf","brochureDate":"9 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060754","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 Financial Sense Advisors have?","answer":"Financial Sense Advisors has 597 clients and manages $836 million for them, as of August 2026. They include 399 individual clients, 189 high-net-worth individuals, and 6 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Financial Sense Advisors offer?","answer":"Financial Sense Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, insurance, and retirement plan services.","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":"Which custodians does Financial Sense Advisors use?","answer":"Financial Sense Advisors’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $871M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Financial Sense Advisors have?","answer":"Financial Sense Advisors has 8 investment adviser representatives registered with state securities authorities, out of 11 employees, and 8 perform investment advisory functions. 8 employees are registered representatives of a broker-dealer and 5 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 Financial Sense Advisors invest in?","answer":"At the end of its last fiscal year, Financial Sense Advisors’ separately managed accounts held 62% exchange-traded equities, 13% high-yield corporate bonds, 10% state and local bonds, 7% cash and equivalents, 4% U.S. government and agency bonds, 2% investment grade corporate bonds, 1% derivatives and 1% other. The 1% other category is described as: Bullion.","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 Financial Sense Advisors?","answer":"Financial Sense Advisors’ direct owner is James Puplava (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Financial Sense Advisors get paid?","answer":"Financial Sense Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or 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":"How do I contact Financial Sense Advisors?","answer":"Financial Sense Advisors’ main office is at 10920 Via Frontera, Suite 500, San Diego, CA 92127. Its phone number is 858-487-3939.","source":"Form ADV Part 1A, Item 1.F, filed 31 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/financial-sense-advisors-111090/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1358828/000135882826000003/0001358828-26-000003-index.html","totalValue":508435427,"positionCount":137,"top10Share":0.46468640943071027,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":40040263,"shares":58299,"shareType":"SH","priorValue":35566561,"priorShares":59521},{"issuer":"ISHARES TR","titleOfClass":"JPMORGAN USD EMG","cusip":"464288281","value":32709207,"shares":339166,"shareType":"SH","priorValue":24756314,"priorShares":263561},{"issuer":"BOEING CO","titleOfClass":"DEP CONV PFD A","cusip":"097023204","value":26167317,"shares":388816,"shareType":"SH","priorValue":26167662,"priorShares":403324},{"issuer":"FREEPORT MCMORAN INC","titleOfClass":"CL B","cusip":"35671D857","value":23463960,"shares":373095,"shareType":"SH","priorValue":21032874,"priorShares":357824},{"issuer":"NORTHERN OIL & GAS INC","titleOfClass":"NOTE 3.625% 4/1","cusip":"665531AJ8","value":22857026,"shares":23729000,"shareType":"SH","priorValue":20835509,"priorShares":18715000},{"issuer":"TESLA INC","titleOfClass":"COM","cusip":"88160R101","value":22531925,"shares":53571,"shareType":"SH","priorValue":19974559,"priorShares":53731},{"issuer":"NEXTERA ENERGY INC","titleOfClass":"UNIT 11/01/2027","cusip":"65339F119","value":21388259,"shares":430347,"shareType":"SH","priorValue":21477087,"priorShares":408776},{"issuer":"ISHARES TR","titleOfClass":"FLTG RATE NT ETF","cusip":"46429B655","value":17260300,"shares":338106,"shareType":"SH","priorValue":19730847,"priorShares":387259},{"issuer":"CHEVRON CORPORATION","titleOfClass":"COM","cusip":"166764100","value":16005249,"shares":96557,"shareType":"SH","priorValue":1427225,"priorShares":6898},{"issuer":"SPDR SERIES TRUST","titleOfClass":"SP O&G EXPL PRO","cusip":"78468R556","value":13839527,"shares":89716,"shareType":"SH"}],"positionsListed":137,"positions":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":40040263,"shares":58299,"shareType":"SH","priorValue":35566561,"priorShares":59521},{"issuer":"ISHARES TR","titleOfClass":"JPMORGAN USD EMG","cusip":"464288281","value":32709207,"shares":339166,"shareType":"SH","priorValue":24756314,"priorShares":263561},{"issuer":"BOEING CO","titleOfClass":"DEP CONV PFD A","cusip":"097023204","value":26167317,"shares":388816,"shareType":"SH","priorValue":26167662,"priorShares":403324},{"issuer":"FREEPORT MCMORAN INC","titleOfClass":"CL B","cusip":"35671D857","value":23463960,"shares":373095,"shareType":"SH","priorValue":21032874,"priorShares":357824},{"issuer":"NORTHERN OIL & GAS INC","titleOfClass":"NOTE 3.625% 4/1","cusip":"665531AJ8","value":22857026,"shares":23729000,"shareType":"SH","priorValue":20835509,"priorShares":18715000},{"issuer":"TESLA INC","titleOfClass":"COM","cusip":"88160R101","value":22531925,"shares":53571,"shareType":"SH","priorValue":19974559,"priorShares":53731},{"issuer":"NEXTERA ENERGY INC","titleOfClass":"UNIT 11/01/2027","cusip":"65339F119","value":21388259,"shares":430347,"shareType":"SH","priorValue":21477087,"priorShares":408776},{"issuer":"ISHARES TR","titleOfClass":"FLTG RATE NT ETF","cusip":"46429B655","value":17260300,"shares":338106,"shareType":"SH","priorValue":19730847,"priorShares":387259},{"issuer":"CHEVRON CORPORATION","titleOfClass":"COM","cusip":"166764100","value":16005249,"shares":96557,"shareType":"SH","priorValue":1427225,"priorShares":6898},{"issuer":"SPDR SERIES TRUST","titleOfClass":"SP O&G EXPL PRO","cusip":"78468R556","value":13839527,"shares":89716,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"LATN AMER 40 ETF","cusip":"464287390","value":10470403,"shares":310234,"shareType":"SH"},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":10180964,"shares":27293,"shareType":"SH","priorValue":4499120,"priorShares":12154},{"issuer":"MP MATERIALS CORP","titleOfClass":"COM CL A","cusip":"553368101","value":9904809,"shares":176840,"shareType":"SH"},{"issuer":"NUTRIEN LTD","titleOfClass":"COM","cusip":"67077M108","value":9294164,"shares":147644,"shareType":"SH","priorValue":10881445,"priorShares":144201},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL C","cusip":"02079K107","value":9255834,"shares":26196,"shareType":"SH"},{"issuer":"EXXON MOBIL CORP","titleOfClass":"COM","cusip":"30231G102","value":8585839,"shares":62799,"shareType":"SH","priorValue":5101722,"priorShares":30070},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR INDL ETF","cusip":"81369Y704","value":8565230,"shares":46241,"shareType":"SH","priorValue":1582197,"priorShares":9783},{"issuer":"PAN AMERN SILVER CORP","titleOfClass":"COM","cusip":"697900108","value":7132871,"shares":159251,"shareType":"SH","priorValue":13976970,"priorShares":255848},{"issuer":"CONOCOPHILLIPS","titleOfClass":"COM","cusip":"20825C104","value":7043463,"shares":67752,"shareType":"SH","priorValue":2103982,"priorShares":15939},{"issuer":"MERCK & CO INC","titleOfClass":"COM","cusip":"58933Y105","value":6347588,"shares":49398,"shareType":"SH","priorValue":5996922,"priorShares":49854},{"issuer":"ALPS ETF TR","titleOfClass":"ALERIAN MLP","cusip":"00162Q452","value":5599703,"shares":107998,"shareType":"SH","priorValue":5671011,"priorShares":107732},{"issuer":"TEVA PHARMACEUTICAL INDS LTD","titleOfClass":"SPONSORED ADS","cusip":"881624209","value":5525354,"shares":163086,"shareType":"SH","priorValue":4976909,"priorShares":165236},{"issuer":"ISHARES INC","titleOfClass":"MSCI BRAZIL ETF","cusip":"464286400","value":5476910,"shares":158751,"shareType":"SH"},{"issuer":"AGNICO EAGLE MINES LTD","titleOfClass":"COM","cusip":"008474108","value":5474387,"shares":35289,"shareType":"SH","priorValue":7314436,"priorShares":36035},{"issuer":"HESS MIDSTREAM LP","titleOfClass":"CL A SHS","cusip":"428103105","value":5465318,"shares":145354,"shareType":"SH","priorValue":5646538,"priorShares":145267},{"issuer":"NEXTERA ENERGY INC","titleOfClass":"COM","cusip":"65339F101","value":5216581,"shares":59435,"shareType":"SH","priorValue":5516913,"priorShares":59398},{"issuer":"QUALCOMM INC","titleOfClass":"COM","cusip":"747525103","value":5050888,"shares":27333,"shareType":"SH","priorValue":3355617,"priorShares":26057},{"issuer":"AMGEN INC","titleOfClass":"COM","cusip":"031162100","value":4990804,"shares":13782,"shareType":"SH","priorValue":3878563,"priorShares":11023},{"issuer":"ISHARES GOLD TR","titleOfClass":"ISHARES NEW","cusip":"464285204","value":4959346,"shares":65678,"shareType":"SH","priorValue":7111251,"priorShares":80663},{"issuer":"ALCOA CORP","titleOfClass":"COM","cusip":"013872106","value":4926539,"shares":94487,"shareType":"SH","priorValue":6217498,"priorShares":93736},{"issuer":"AMERICAN WTR WKS CO INC NEW","titleOfClass":"COM","cusip":"030420103","value":4659367,"shares":35411,"shareType":"SH","priorValue":4980486,"priorShares":36597},{"issuer":"PALANTIR TECHNOLOGIES INC","titleOfClass":"CL A","cusip":"69608A108","value":4293456,"shares":36800,"shareType":"SH","priorValue":5500128,"priorShares":37600},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR ENERG ETF","cusip":"81369Y506","value":4094036,"shares":77086,"shareType":"SH","priorValue":4778293,"priorShares":78000},{"issuer":"ALAMOS GOLD INC","titleOfClass":"COM CL A","cusip":"011532108","value":4063689,"shares":133938,"shareType":"SH"},{"issuer":"CORNING INC","titleOfClass":"COM","cusip":"219350105","value":3741668,"shares":14649,"shareType":"SH","priorValue":5746801,"priorShares":42265},{"issuer":"CHENIERE ENERGY INC","titleOfClass":"COM NEW","cusip":"16411R208","value":3546803,"shares":14840,"shareType":"SH","priorValue":3118681,"priorShares":10991},{"issuer":"BARRICK MNG CORP","titleOfClass":"COM SHS","cusip":"06849F108","value":3531509,"shares":96148,"shareType":"SH","priorValue":3679592,"priorShares":90208},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN INT","cusip":"46438F101","value":3511596,"shares":105485,"shareType":"SH","priorValue":3461950,"priorShares":90108},{"issuer":"GLOBAL X FDS","titleOfClass":"GLOBAL X COPPER","cusip":"37954Y830","value":3510751,"shares":45612,"shareType":"SH","priorValue":506043,"priorShares":6628},{"issuer":"WHEATON PRECIOUS METALS CORP","titleOfClass":"COM","cusip":"962879102","value":3501864,"shares":31178,"shareType":"SH","priorValue":7357444,"priorShares":56159},{"issuer":"SPROTT ASSET MANAGEMENT LP","titleOfClass":"PHYSICAL SILVER","cusip":"85207K107","value":3456381,"shares":183168,"shareType":"SH","priorValue":12060685,"priorShares":494493},{"issuer":"NIKE INC","titleOfClass":"CL B","cusip":"654106103","value":3217811,"shares":78388,"shareType":"SH","priorValue":5644588,"priorShares":106865},{"issuer":"ARK ETF TR","titleOfClass":"SPACE & DEFENSE","cusip":"00214Q807","value":3040365,"shares":89108,"shareType":"SH"},{"issuer":"FIRST TR EXCHANGE-TRADED FD","titleOfClass":"NAT GAS ETF","cusip":"33733E807","value":3036015,"shares":114093,"shareType":"SH","priorValue":3695857,"priorShares":116625},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 EQL WGT","cusip":"46137V357","value":3013335,"shares":14162,"shareType":"SH","priorValue":597842,"priorShares":3115},{"issuer":"NVIDIA CORPORATION","titleOfClass":"COM","cusip":"67066G104","value":2960471,"shares":14796,"shareType":"SH","priorValue":1172860,"priorShares":6725},{"issuer":"BWX TECHNOLOGIES INC","titleOfClass":"COM","cusip":"05605H100","value":2947158,"shares":15141,"shareType":"SH","priorValue":3231795,"priorShares":15804},{"issuer":"COREWEAVE INC","titleOfClass":"COM CL A","cusip":"21873S108","value":2552604,"shares":25644,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"RUS 2000 GRW ETF","cusip":"464287648","value":2550302,"shares":6474,"shareType":"SH","priorValue":2069297,"priorShares":6594},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":2491507,"shares":8610,"shareType":"SH","priorValue":2310889,"priorShares":9106},{"issuer":"WHIRLPOOL CORP","titleOfClass":"COM","cusip":"963320106","value":2268030,"shares":57535,"shareType":"SH","priorValue":3237088,"priorShares":60035},{"issuer":"VANECK ETF TRUST","titleOfClass":"RARE EAR STR ETF","cusip":"92189H805","value":2042934,"shares":23084,"shareType":"SH"},{"issuer":"ELI LILLY & CO","titleOfClass":"COM","cusip":"532457108","value":1969465,"shares":1642,"shareType":"SH","priorValue":1482670,"priorShares":1612},{"issuer":"EOG RES INC","titleOfClass":"COM","cusip":"26875P101","value":1885626,"shares":14535,"shareType":"SH"},{"issuer":"GLOBAL X FDS","titleOfClass":"DEFENSE TECH ETF","cusip":"37960A529","value":1754180,"shares":29378,"shareType":"SH","priorValue":2352762,"priorShares":33212},{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":1734229,"shares":10150,"shareType":"SH"},{"issuer":"TRUST FOR PROFESSIONAL MANAG","titleOfClass":"ACTIVEPASSIVE US","cusip":"89834G729","value":1672671,"shares":36205,"shareType":"SH","priorValue":1507329,"priorShares":37608},{"issuer":"GLOBAL X FDS","titleOfClass":"DAX GERMANY ETF","cusip":"37954Y491","value":1475308,"shares":33402,"shareType":"SH","priorValue":1590409,"priorShares":37723},{"issuer":"ISHARES TR","titleOfClass":"IBOXX INV CP ETF","cusip":"464287242","value":1446348,"shares":13261,"shareType":"SH","priorValue":1494211,"priorShares":13710},{"issuer":"ALTRIA GROUP INC","titleOfClass":"COM","cusip":"02209S103","value":1407123,"shares":19557,"shareType":"SH","priorValue":1289572,"priorShares":19542},{"issuer":"SPROTT ASSET MANAGEMENT LP","titleOfClass":"PHYSICAL GOLD TR","cusip":"85207H104","value":1406556,"shares":46621,"shareType":"SH","priorValue":2042089,"priorShares":57621},{"issuer":"ISHARES TR","titleOfClass":"U.S. INSRNCE ETF","cusip":"464288786","value":1405600,"shares":10000,"shareType":"SH"},{"issuer":"USA RARE EARTH INC","titleOfClass":"COM","cusip":"91733P107","value":1281572,"shares":59387,"shareType":"SH","priorValue":552050,"priorShares":36475},{"issuer":"ISHARES TR","titleOfClass":"RUS 1000 GRW ETF","cusip":"464287614","value":1263603,"shares":10176,"shareType":"SH","priorValue":1040341,"priorShares":2440},{"issuer":"BP PLC","titleOfClass":"SPONSORED ADR","cusip":"055622104","value":1229265,"shares":33268,"shareType":"SH","priorValue":7506243,"priorShares":159707},{"issuer":"ISHARES TR","titleOfClass":"US OIL EQ&SV ETF","cusip":"464288844","value":1170378,"shares":43508,"shareType":"SH","priorValue":1294860,"priorShares":44727},{"issuer":"UNITEDHEALTH GROUP INC","titleOfClass":"COM","cusip":"91324P102","value":1146062,"shares":2757,"shareType":"SH","priorValue":729632,"priorShares":2696},{"issuer":"AMERICAN EXPRESS CO","titleOfClass":"COM","cusip":"025816109","value":1080371,"shares":3194,"shareType":"SH"},{"issuer":"NORFOLK SOUTHN CORP","titleOfClass":"COM","cusip":"655844108","value":1075898,"shares":3420,"shareType":"SH","priorValue":981540,"priorShares":3420},{"issuer":"BROADCOM INC","titleOfClass":"COM","cusip":"11135F101","value":1073566,"shares":2842,"shareType":"SH","priorValue":870033,"priorShares":2811},{"issuer":"WISDOMTREE TR","titleOfClass":"ASIA DEFENSE FD","cusip":"97717Y311","value":1034210,"shares":33700,"shareType":"SH","priorValue":1338707,"priorShares":42200},{"issuer":"MOSAIC CO","titleOfClass":"COM","cusip":"61945C103","value":1032770,"shares":48739,"shareType":"SH","priorValue":846335,"priorShares":33190},{"issuer":"EQT CORP","titleOfClass":"COM","cusip":"26884L109","value":1015129,"shares":19092,"shareType":"SH","priorValue":1345533,"priorShares":21143},{"issuer":"INTERNATIONAL BUSINESS MACHS","titleOfClass":"COM","cusip":"459200101","value":958461,"shares":3408,"shareType":"SH","priorValue":822756,"priorShares":3394},{"issuer":"SOUTHERN COPPER CORP","titleOfClass":"COM","cusip":"84265V105","value":939436,"shares":5391,"shareType":"SH","priorValue":918457,"priorShares":5338},{"issuer":"DOMINION ENERGY INC","titleOfClass":"COM","cusip":"25746U109","value":929724,"shares":13614,"shareType":"SH","priorValue":840658,"priorShares":13598},{"issuer":"HEWLETT PACKARD ENTERPRISE C","titleOfClass":"7.625 MAND CONV","cusip":"42824C208","value":913714,"shares":7900,"shareType":"SH","priorValue":13796496,"priorShares":213866},{"issuer":"SPINNAKER ETF SERIES","titleOfClass":"SELE STO EUR ETF","cusip":"84858T772","value":907262,"shares":21509,"shareType":"SH","priorValue":992479,"priorShares":24361},{"issuer":"VIASAT INC","titleOfClass":"COM","cusip":"92552V100","value":892263,"shares":9935,"shareType":"SH","priorValue":610056,"priorShares":13320},{"issuer":"LAUDER ESTEE COS INC","titleOfClass":"CL A","cusip":"518439104","value":881284,"shares":11163,"shareType":"SH","priorValue":619734,"priorShares":8635},{"issuer":"GE VERNOVA INC","titleOfClass":"COM","cusip":"36828A101","value":866971,"shares":738,"shareType":"SH","priorValue":11979426,"priorShares":13724},{"issuer":"SPDR GOLD TR","titleOfClass":"GOLD SHS","cusip":"78463V107","value":834381,"shares":2265,"shareType":"SH","priorValue":974607,"priorShares":2265},{"issuer":"ISHARES TR","titleOfClass":"MSCI USA MIN ETF","cusip":"46429B697","value":817400,"shares":8474,"shareType":"SH","priorValue":784174,"priorShares":8456},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":812585,"shares":1088,"shareType":"SH","priorValue":630680,"priorShares":970},{"issuer":"INVESCO EXCHANGE TRADED FD T","titleOfClass":"S&P500 EQL TEC","cusip":"46137V282","value":810573,"shares":12567,"shareType":"SH"},{"issuer":"ABBVIE INC","titleOfClass":"COM","cusip":"00287Y109","value":753581,"shares":2995,"shareType":"SH","priorValue":654173,"priorShares":3008},{"issuer":"ISHARES TR","titleOfClass":"RUS MD CP GR ETF","cusip":"464287481","value":707775,"shares":4834,"shareType":"SH","priorValue":606984,"priorShares":4738},{"issuer":"TRUST FOR PROFESSIONAL MANAG","titleOfClass":"ACTIVEPASSIVE EQ","cusip":"89834G737","value":698805,"shares":18029,"shareType":"SH","priorValue":644053,"priorShares":18271},{"issuer":"BLACKROCK ETF TRUST","titleOfClass":"DYNAMIC EQTY ACT","cusip":"09290C723","value":675560,"shares":24353,"shareType":"SH","priorValue":663843,"priorShares":27307},{"issuer":"TRUST FOR PROFESSIONAL MANAG","titleOfClass":"ACTIVEPASSIVE CR","cusip":"89834G752","value":646810,"shares":21980,"shareType":"SH","priorValue":636798,"priorShares":21623},{"issuer":"PERMIAN BASIN RTY TR","titleOfClass":"UNIT BEN INT","cusip":"714236106","value":627272,"shares":25051,"shareType":"SH","priorValue":538000,"priorShares":25000},{"issuer":"NEWMONT CORP","titleOfClass":"COM","cusip":"651639106","value":620083,"shares":6639,"shareType":"SH","priorValue":8319372,"priorShares":76853},{"issuer":"DOW HLDGS INC","titleOfClass":"COM","cusip":"260557103","value":615600,"shares":22500,"shareType":"SH","priorValue":2202743,"priorShares":52887},{"issuer":"ADOBE INC","titleOfClass":"COM","cusip":"00724F101","value":609525,"shares":2973,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"NATIONAL MUN ETF","cusip":"464288414","value":597184,"shares":5549,"shareType":"SH","priorValue":577350,"priorShares":5439},{"issuer":"AT&T INC","titleOfClass":"COM","cusip":"00206R102","value":575054,"shares":27780,"shareType":"SH","priorValue":804508,"priorShares":27751},{"issuer":"SIMON PPTY GROUP INC NEW","titleOfClass":"COM","cusip":"828806109","value":564674,"shares":2525,"shareType":"SH","priorValue":466325,"priorShares":2500},{"issuer":"HONEYWELL INTL INC","titleOfClass":"COM","cusip":"438516205","value":542734,"shares":2424,"shareType":"SH"},{"issuer":"REALLOYS INC","titleOfClass":"COM","cusip":"75606V101","value":534650,"shares":37000,"shareType":"SH","priorValue":1015040,"priorShares":104000},{"issuer":"HONEYWELL AEROSPACE INC","titleOfClass":"COM","cusip":"43849R105","value":528603,"shares":2391,"shareType":"SH"},{"issuer":"VANECK ETF TRUST","titleOfClass":"BDC INCOME ETF","cusip":"92189F411","value":525390,"shares":41500,"shareType":"SH"},{"issuer":"VALERO ENERGY CORP","titleOfClass":"COM","cusip":"91913Y100","value":520880,"shares":2000,"shareType":"SH","priorValue":494160,"priorShares":2000},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":519167,"shares":1403,"shareType":"SH","priorValue":446889,"priorShares":1393},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"US LCAP GR ETF","cusip":"808524300","value":510951,"shares":15099,"shareType":"SH","priorValue":498590,"priorShares":17116},{"issuer":"J P MORGAN EXCHANGE TRADED F","titleOfClass":"NASDAQ EQT PREM","cusip":"46654Q203","value":458507,"shares":7460,"shareType":"SH","priorValue":402818,"priorShares":7255},{"issuer":"SPROTT ASSET MANAGEMENT LP","titleOfClass":"PHYSICAL GOLD AN","cusip":"85208R101","value":436536,"shares":10851,"shareType":"SH","priorValue":517810,"priorShares":10851},{"issuer":"WALMART INC","titleOfClass":"COM","cusip":"931142103","value":426206,"shares":3763,"shareType":"SH","priorValue":470678,"priorShares":3787},{"issuer":"BLACKROCK ETF TRUST","titleOfClass":"DISC VOLA EQ ETF","cusip":"09290C715","value":401577,"shares":15457,"shareType":"SH","priorValue":408507,"priorShares":16572},{"issuer":"LYONDELLBASELL INDUSTRIES NV","titleOfClass":"SHS - A -","cusip":"N53745100","value":394875,"shares":7500,"shareType":"SH","priorValue":604200,"priorShares":7500},{"issuer":"ISHARES TR","titleOfClass":"RUS 1000 VAL ETF","cusip":"464287598","value":387677,"shares":1599,"shareType":"SH","priorValue":387190,"priorShares":1812},{"issuer":"ROCKET LAB CORP","titleOfClass":"COM","cusip":"773121108","value":375191,"shares":3691,"shareType":"SH","priorValue":282568,"priorShares":4400},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":372948,"shares":498,"shareType":"SH","priorValue":261284,"priorShares":400},{"issuer":"ISHARES TR","titleOfClass":"CORE US AGGBD ET","cusip":"464287226","value":369381,"shares":3732,"shareType":"SH","priorValue":370310,"priorShares":3730},{"issuer":"KRATOS DEFENSE & SEC SOLUTIO","titleOfClass":"COM NEW","cusip":"50077B207","value":366870,"shares":7358,"shareType":"SH","priorValue":544408,"priorShares":7721},{"issuer":"AEROVIRONMENT INC","titleOfClass":"COM","cusip":"008073108","value":363154,"shares":2200,"shareType":"SH","priorValue":604065,"priorShares":3300},{"issuer":"STRATEGY INC","titleOfClass":"CL A NEW","cusip":"594972408","value":353632,"shares":4068,"shareType":"SH"},{"issuer":"DANAHER CORP DEL","titleOfClass":"COM","cusip":"235851102","value":347294,"shares":1823,"shareType":"SH","priorValue":345690,"priorShares":1823},{"issuer":"LABCORP HOLDINGS INC","titleOfClass":"COM SHS","cusip":"504922105","value":340980,"shares":1218,"shareType":"SH","priorValue":324058,"priorShares":1215},{"issuer":"SERVICENOW INC","titleOfClass":"COM","cusip":"81762P102","value":325341,"shares":3277,"shareType":"SH"},{"issuer":"VOLATILITY SHS TR","titleOfClass":"2X BITCOIN ETF","cusip":"92864M301","value":309600,"shares":30000,"shareType":"SH"},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST STR SP AERO","cusip":"78464A631","value":306972,"shares":1082,"shareType":"SH","priorValue":351899,"priorShares":1386},{"issuer":"CATERPILLAR INC","titleOfClass":"COM","cusip":"149123101","value":303497,"shares":285,"shareType":"SH"},{"issuer":"GOLDMAN SACHS GROUP INC","titleOfClass":"COM","cusip":"38141G104","value":303411,"shares":300,"shareType":"SH","priorValue":253797,"priorShares":300},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":287677,"shares":1207,"shareType":"SH","priorValue":251382,"priorShares":1207},{"issuer":"TRUST FOR PROFESSIONAL MANAG","titleOfClass":"ACTIVEPASSIVE MN","cusip":"89834G745","value":279827,"shares":11171,"shareType":"SH","priorValue":282581,"priorShares":11353},{"issuer":"NORTHERN OIL & GAS INC","titleOfClass":"COM","cusip":"665531307","value":271958,"shares":14984,"shareType":"SH","priorValue":1460887,"priorShares":49979},{"issuer":"ISHARES TR","titleOfClass":"CORE UNIVRSL USD","cusip":"46434V613","value":261302,"shares":5662,"shareType":"SH","priorValue":201666,"priorShares":4366},{"issuer":"RIGETTI COMPUTING INC","titleOfClass":"COMMON STOCK","cusip":"76655K103","value":257807,"shares":13344,"shareType":"SH"},{"issuer":"ENERGY FUELS INC","titleOfClass":"COM NEW","cusip":"292671708","value":248733,"shares":17154,"shareType":"SH","priorValue":2397722,"priorShares":131382},{"issuer":"ENDEAVOUR SILVER CORP","titleOfClass":"COM","cusip":"29258Y103","value":248400,"shares":30000,"shareType":"SH","priorValue":279300,"priorShares":30000},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR TECHN ETF","cusip":"81369Y803","value":243866,"shares":1280,"shareType":"SH","priorValue":728262,"priorShares":5480},{"issuer":"ISHARES TR","titleOfClass":"RUS MDCP VAL ETF","cusip":"464287473","value":243608,"shares":1480,"shareType":"SH","priorValue":215696,"priorShares":1480},{"issuer":"VANGUARD STAR FDS","titleOfClass":"VG TL INTL STK F","cusip":"921909768","value":229456,"shares":2684,"shareType":"SH","priorValue":206424,"priorShares":2677},{"issuer":"GE AEROSPACE","titleOfClass":"COM NEW","cusip":"369604301","value":220764,"shares":591,"shareType":"SH"},{"issuer":"SSGA ACTIVE TR","titleOfClass":"ST STR SECTO ETF","cusip":"78470P507","value":210254,"shares":8197,"shareType":"SH","priorValue":215611,"priorShares":8383},{"issuer":"AMPHASTAR PHARMACEUTICALS IN","titleOfClass":"NOTE 2.000% 3/1","cusip":"03209RAB9","value":200946,"shares":220000,"shareType":"SH","priorValue":198966,"priorShares":220000},{"issuer":"TRX GOLD CORPORATION","titleOfClass":"COM","cusip":"87283P109","value":27218,"shares":32991,"shareType":"SH","priorValue":1174487,"priorShares":782991}]},"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."}