# EDGAR Filing Document

**Accession Number:** 0001802080
**File Stem:** 0001172661-26-000762
**Filing Date:** 2026-2
**Character Count:** 18509
**Document Hash:** d58ba82953921ffcb2a123e8fbfd32af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-000762.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001172661-26-000762

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOBIAS FINANCIAL ADVISORS, INC.
- **CENTRAL INDEX KEY:** 0001802080

**ORGANIZATION NAME:**
- **EIN:** 591961720
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19737
- **FILM NUMBER:** 26630787

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 S. PINE ISLAND ROAD
- **STREET 2:** SUITE 450
- **CITY:** PLANTATION
- **STATE:** FL
- **ZIP:** 33324
- **BUSINESS PHONE:** 954-424-1660

**MAIL ADDRESS:**
- **STREET 1:** 1000 S. PINE ISLAND ROAD
- **STREET 2:** SUITE 450
- **CITY:** PLANTATION
- **STATE:** FL
- **ZIP:** 33324

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** TOBIAS FINANCIAL ADVISORS INC.<br>**Address:** 1000 S. Pine Island Road<br>Suite 450<br>Plantation, FL 33324

**Form 13F File Number:** 028-19737

**CRD Number (if applicable):** 000104711

**SEC File Number (if applicable):** 801-33972

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Edgar Collado<br>**Title:** Chief Compliance Officer<br>**Phone:** 954-424-1660

**Signature, Place, and Date of Signing:**

/s/ Edgar Collado  Plantation, FL  02-13-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 146

**Form 13F Information Table Value Total:** $707857024

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 297612 | 2375 | SH |  | SOLE |  | 0 | 0 | 2375 |
| ABBVIE INC | COM | 00287Y109 |  | 347963 | 1523 | SH |  | SOLE |  | 0 | 0 | 1523 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1828940 | 5843 | SH |  | SOLE |  | 0 | 0 | 5843 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1325226 | 4223 | SH |  | SOLE |  | 0 | 0 | 4223 |
| AMAZON COM INC | COM | 023135106 |  | 3342486 | 14481 | SH |  | SOLE |  | 0 | 0 | 14481 |
| AMGEN INC | COM | 031162100 |  | 213241 | 651 | SH |  | SOLE |  | 0 | 0 | 651 |
| APPLE INC | COM | 037833100 |  | 7227029 | 26584 | SH |  | SOLE |  | 0 | 0 | 26584 |
| ASSURANT INC | COM | 04621X108 |  | 712434 | 2958 | SH |  | SOLE |  | 0 | 0 | 2958 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 243063 | 2644 | SH |  | SOLE |  | 0 | 0 | 2644 |
| BANK AMERICA CORP | COM | 060505104 |  | 204584 | 3720 | SH |  | SOLE |  | 0 | 0 | 3720 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 623789 | 1241 | SH |  | SOLE |  | 0 | 0 | 1241 |
| BLACKROCK INC | COM | 09290D101 |  | 254808 | 238 | SH |  | SOLE |  | 0 | 0 | 238 |
| BROADCOM INC | COM | 11135F101 |  | 1447601 | 4183 | SH |  | SOLE |  | 0 | 0 | 4183 |
| CHEVRON CORP NEW | COM | 166764100 |  | 302575 | 1985 | SH |  | SOLE |  | 0 | 0 | 1985 |
| CISCO SYS INC | COM | 17275R102 |  | 355802 | 4619 | SH |  | SOLE |  | 0 | 0 | 4619 |
| COCA COLA CO | COM | 191216100 |  | 358233 | 5124 | SH |  | SOLE |  | 0 | 0 | 5124 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 643566 | 746 | SH |  | SOLE |  | 0 | 0 | 746 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 13635920 | 414592 | SH |  | SOLE |  | 0 | 0 | 414592 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 27567855 | 552462 | SH |  | SOLE |  | 0 | 0 | 552462 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 1543396 | 25922 | SH |  | SOLE |  | 0 | 0 | 25922 |
| DIMENSIONAL ETF TRUST | INTL SMALL CAP E | 25434V773 |  | 18815272 | 571198 | SH |  | SOLE |  | 0 | 0 | 571198 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VAL | 25434V666 |  | 20525234 | 599978 | SH |  | SOLE |  | 0 | 0 | 599978 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 9770342 | 209709 | SH |  | SOLE |  | 0 | 0 | 209709 |
| DISNEY WALT CO | COM | 254687106 |  | 206518 | 1815 | SH |  | SOLE |  | 0 | 0 | 1815 |
| EATON CORP PLC | SHS | G29183103 |  | 237608 | 746 | SH |  | SOLE |  | 0 | 0 | 746 |
| ELECTROCORE INC | COM NEW | 28531P202 |  | 44850 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ELI LILLY  CO | COM | 532457108 |  | 632228 | 588 | SH |  | SOLE |  | 0 | 0 | 588 |
| EMPIRE ST RLTY TR INC | CL A | 292104106 |  | 92506 | 14188 | SH |  | SOLE |  | 0 | 0 | 14188 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 542047 | 4504 | SH |  | SOLE |  | 0 | 0 | 4504 |
| FIRST TR EXCHANGE TRADED FD | RBA INDL ETF | 33738R704 |  | 249340 | 2536 | SH |  | SOLE |  | 0 | 0 | 2536 |
| GE AEROSPACE | COM NEW | 369604301 |  | 204254 | 663 | SH |  | SOLE |  | 0 | 0 | 663 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 1414638 | 10687 | SH |  | SOLE |  | 0 | 0 | 10687 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 354478 | 403 | SH |  | SOLE |  | 0 | 0 | 403 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 941450 | 6832 | SH |  | SOLE |  | 0 | 0 | 6832 |
| HOME DEPOT INC | COM | 437076102 |  | 777267 | 2259 | SH |  | SOLE |  | 0 | 0 | 2259 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 246680 | 833 | SH |  | SOLE |  | 0 | 0 | 833 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 39416919 | 155847 | SH |  | SOLE |  | 0 | 0 | 155847 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP GROWTH | 46137V746 |  | 2061384 | 16217 | SH |  | SOLE |  | 0 | 0 | 16217 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 254775 | 1330 | SH |  | SOLE |  | 0 | 0 | 1330 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 4426021 | 7205 | SH |  | SOLE |  | 0 | 0 | 7205 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 213694 | 4304 | SH |  | SOLE |  | 0 | 0 | 4304 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 26723719 | 397556 | SH |  | SOLE |  | 0 | 0 | 397556 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 3285177 | 32038 | SH |  | SOLE |  | 0 | 0 | 32038 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 47313049 | 1040991 | SH |  | SOLE |  | 0 | 0 | 1040991 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 3091769 | 14579 | SH |  | SOLE |  | 0 | 0 | 14579 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 5852388 | 54849 | SH |  | SOLE |  | 0 | 0 | 54849 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 1002517 | 12931 | SH |  | SOLE |  | 0 | 0 | 12931 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 6517619 | 52877 | SH |  | SOLE |  | 0 | 0 | 52877 |
| ISHARES TR | RESIDENTIAL MULT | 464288562 |  | 238352 | 2884 | SH |  | SOLE |  | 0 | 0 | 2884 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 12126886 | 25622 | SH |  | SOLE |  | 0 | 0 | 25622 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2281103 | 3330 | SH |  | SOLE |  | 0 | 0 | 3330 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 3506510 | 19351 | SH |  | SOLE |  | 0 | 0 | 19351 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 243116 | 2037 | SH |  | SOLE |  | 0 | 0 | 2037 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 376801 | 3914 | SH |  | SOLE |  | 0 | 0 | 3914 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 2762666 | 28769 | SH |  | SOLE |  | 0 | 0 | 28769 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 20616711 | 103800 | SH |  | SOLE |  | 0 | 0 | 103800 |
| ISHARES TR | CORE 60/40 BALAN | 464289867 |  | 230166 | 3540 | SH |  | SOLE |  | 0 | 0 | 3540 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 605430 | 3032 | SH |  | SOLE |  | 0 | 0 | 3032 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 3648284 | 66684 | SH |  | SOLE |  | 0 | 0 | 66684 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 5698531 | 57054 | SH |  | SOLE |  | 0 | 0 | 57054 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 230428 | 1073 | SH |  | SOLE |  | 0 | 0 | 1073 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 14034553 | 43449 | SH |  | SOLE |  | 0 | 0 | 43449 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 2673154 | 29881 | SH |  | SOLE |  | 0 | 0 | 29881 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 274306 | 2282 | SH |  | SOLE |  | 0 | 0 | 2282 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 3370256 | 23875 | SH |  | SOLE |  | 0 | 0 | 23875 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 236560 | 961 | SH |  | SOLE |  | 0 | 0 | 961 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 1684316 | 18807 | SH |  | SOLE |  | 0 | 0 | 18807 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 458109 | 4277 | SH |  | SOLE |  | 0 | 0 | 4277 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 3606607 | 17147 | SH |  | SOLE |  | 0 | 0 | 17147 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 1564611 | 13758 | SH |  | SOLE |  | 0 | 0 | 13758 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 1362076 | 19074 | SH |  | SOLE |  | 0 | 0 | 19074 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 16557071 | 289257 | SH |  | SOLE |  | 0 | 0 | 289257 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 560936 | 11088 | SH |  | SOLE |  | 0 | 0 | 11088 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1204918 | 5822 | SH |  | SOLE |  | 0 | 0 | 5822 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1138617 | 3534 | SH |  | SOLE |  | 0 | 0 | 3534 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 236161 | 11651 | SH |  | SOLE |  | 0 | 0 | 11651 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 716027 | 1254 | SH |  | SOLE |  | 0 | 0 | 1254 |
| MESOBLAST LTD | SPONS ADR | 590717401 |  | 249457 | 13828 | SH |  | SOLE |  | 0 | 0 | 13828 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1126475 | 1707 | SH |  | SOLE |  | 0 | 0 | 1707 |
| MICROSOFT CORP | COM | 594918104 |  | 3384526 | 6998 | SH |  | SOLE |  | 0 | 0 | 6998 |
| NETFLIX INC | COM | 64110L106 |  | 448386 | 4782 | SH |  | SOLE |  | 0 | 0 | 4782 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 387375 | 4825 | SH |  | SOLE |  | 0 | 0 | 4825 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 216110 | 379 | SH |  | SOLE |  | 0 | 0 | 379 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3886560 | 20839 | SH |  | SOLE |  | 0 | 0 | 20839 |
| ORACLE CORP | COM | 68389X105 |  | 288272 | 1479 | SH |  | SOLE |  | 0 | 0 | 1479 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 336165 | 1825 | SH |  | SOLE |  | 0 | 0 | 1825 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 260172 | 296 | SH |  | SOLE |  | 0 | 0 | 296 |
| PIMCO ETF TR | ENHNCD LW DUR AC | 72201R718 |  | 253592 | 2643 | SH |  | SOLE |  | 0 | 0 | 2643 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 272392 | 2926 | SH |  | SOLE |  | 0 | 0 | 2926 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 221254 | 1060 | SH |  | SOLE |  | 0 | 0 | 1060 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 273948 | 1912 | SH |  | SOLE |  | 0 | 0 | 1912 |
| PROGRESSIVE CORP | COM | 743315103 |  | 315392 | 1385 | SH |  | SOLE |  | 0 | 0 | 1385 |
| RTX CORPORATION | COM | 75513E101 |  | 402380 | 2194 | SH |  | SOLE |  | 0 | 0 | 2194 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 454267 | 16881 | SH |  | SOLE |  | 0 | 0 | 16881 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 487331 | 17910 | SH |  | SOLE |  | 0 | 0 | 17910 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 340069 | 12398 | SH |  | SOLE |  | 0 | 0 | 12398 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 257887 | 5768 | SH |  | SOLE |  | 0 | 0 | 5768 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 704244 | 3804 | SH |  | SOLE |  | 0 | 0 | 3804 |
| SKYX PLATFORMS CORP | COM | 78471E105 |  | 35903 | 16545 | SH |  | SOLE |  | 0 | 0 | 16545 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 1715635 | 3570 | SH |  | SOLE |  | 0 | 0 | 3570 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 922213 | 2327 | SH |  | SOLE |  | 0 | 0 | 2327 |
| SPDR INDEX SHS FDS | S INTL SMLCP | 78463X871 |  | 4047496 | 99058 | SH |  | SOLE |  | 0 | 0 | 99058 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 3226462 | 68927 | SH |  | SOLE |  | 0 | 0 | 68927 |
| SPDR INDEX SHS FDS | MSCI ACWI EXUS | 78463X848 |  | 6840425 | 190435 | SH |  | SOLE |  | 0 | 0 | 190435 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2112677 | 3098 | SH |  | SOLE |  | 0 | 0 | 3098 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A300 |  | 315035 | 3463 | SH |  | SOLE |  | 0 | 0 | 3463 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A201 |  | 1691437 | 17958 | SH |  | SOLE |  | 0 | 0 | 17958 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A649 |  | 100553443 | 3904988 | SH |  | SOLE |  | 0 | 0 | 3904988 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 1133102 | 19945 | SH |  | SOLE |  | 0 | 0 | 19945 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 8584639 | 80456 | SH |  | SOLE |  | 0 | 0 | 80456 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R788 |  | 1477224 | 34155 | SH |  | SOLE |  | 0 | 0 | 34155 |
| SSGA ACTIVE ETF TR | STATE STREET MUL | 78467V103 |  | 32803980 | 1043052 | SH |  | SOLE |  | 0 | 0 | 1043052 |
| STRYKER CORPORATION | COM | 863667101 |  | 233728 | 665 | SH |  | SOLE |  | 0 | 0 | 665 |
| T ROWE PRICE ETF INC | US EQUITY RESEAR | 87283Q503 |  | 1084302 | 25346 | SH |  | SOLE |  | 0 | 0 | 25346 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 236426 | 778 | SH |  | SOLE |  | 0 | 0 | 778 |
| TESLA INC | COM | 88160R101 |  | 281992 | 627 | SH |  | SOLE |  | 0 | 0 | 627 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 285094 | 492 | SH |  | SOLE |  | 0 | 0 | 492 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 332029 | 853 | SH |  | SOLE |  | 0 | 0 | 853 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 906052 | 4423 | SH |  | SOLE |  | 0 | 0 | 4423 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 39853707 | 505694 | SH |  | SOLE |  | 0 | 0 | 505694 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 9914350 | 133851 | SH |  | SOLE |  | 0 | 0 | 133851 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 416802 | 665 | SH |  | SOLE |  | 0 | 0 | 665 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 2130756 | 7053 | SH |  | SOLE |  | 0 | 0 | 7053 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 4135223 | 21652 | SH |  | SOLE |  | 0 | 0 | 21652 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 15539906 | 175612 | SH |  | SOLE |  | 0 | 0 | 175612 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 835508 | 2492 | SH |  | SOLE |  | 0 | 0 | 2492 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 35973875 | 73738 | SH |  | SOLE |  | 0 | 0 | 73738 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 2093572 | 9885 | SH |  | SOLE |  | 0 | 0 | 9885 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 267946 | 1039 | SH |  | SOLE |  | 0 | 0 | 1039 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 3500072 | 24420 | SH |  | SOLE |  | 0 | 0 | 24420 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1942431 | 26406 | SH |  | SOLE |  | 0 | 0 | 26406 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 21453588 | 399062 | SH |  | SOLE |  | 0 | 0 | 399062 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000VAL | 92206C649 |  | 1225224 | 7661 | SH |  | SOLE |  | 0 | 0 | 7661 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 353786 | 3833 | SH |  | SOLE |  | 0 | 0 | 3833 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 827190 | 8312 | SH |  | SOLE |  | 0 | 0 | 8312 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3301865 | 15024 | SH |  | SOLE |  | 0 | 0 | 15024 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 799654 | 10600 | SH |  | SOLE |  | 0 | 0 | 10600 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1032647 | 16530 | SH |  | SOLE |  | 0 | 0 | 16530 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 4812245 | 52622 | SH |  | SOLE |  | 0 | 0 | 52622 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1232980 | 8591 | SH |  | SOLE |  | 0 | 0 | 8591 |
| VISA INC | COM CL A | 92826C839 |  | 1467983 | 4186 | SH |  | SOLE |  | 0 | 0 | 4186 |
| WALMART INC | COM | 931142103 |  | 1317515 | 11826 | SH |  | SOLE |  | 0 | 0 | 11826 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 382250 | 4101 | SH |  | SOLE |  | 0 | 0 | 4101 |
| WISDOMTREE TR | INTL EQUITY FD | 97717W703 |  | 3630126 | 52794 | SH |  | SOLE |  | 0 | 0 | 52794 |
| WISDOMTREE TR | US LARGECAP DIVD | 97717W307 |  | 5891235 | 66885 | SH |  | SOLE |  | 0 | 0 | 66885 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 205912 | 2412 | SH |  | SOLE |  | 0 | 0 | 2412 |

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