# EDGAR Filing Document

**Accession Number:** 0001871734
**File Stem:** 0001871734-26-000002
**Filing Date:** 2026-4
**Character Count:** 13503
**Document Hash:** 4c3ec4781bb74a03e4725f00dbae18e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001871734-26-000002.hdr.sgml**: 20260410

**ACCESSION NUMBER**: 0001871734-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260410

**DATE AS OF CHANGE**: 20260410

**EFFECTIVENESS DATE**: 20260410

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Level Financial Advisors
- **CENTRAL INDEX KEY:** 0001871734

**ORGANIZATION NAME:**
- **EIN:** 161140261
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21465
- **FILM NUMBER:** 26853638

**BUSINESS ADDRESS:**
- **STREET 1:** 9310 TRANSIT ROAD
- **STREET 2:** SUITE 300
- **CITY:** EAST AMHERST
- **STATE:** NY
- **ZIP:** 14051
- **BUSINESS PHONE:** 7166346113

**MAIL ADDRESS:**
- **STREET 1:** 9310 TRANSIT ROAD
- **STREET 2:** SUITE 300
- **CITY:** EAST AMHERST
- **STATE:** NY
- **ZIP:** 14051

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Level Financial Advisors, Inc.
- **DATE OF NAME CHANGE:** 20210708

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Level Financial Advisors<br>**Address:** 9310 TRANSIT ROAD<br>SUITE 300<br>EAST AMHERST, NY 14051

**Form 13F File Number:** 028-21465

**CRD Number (if applicable):** 000110641

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:** Bethany Wagner<br>**Title:** Chief Compliance  Cybersecurity Officer<br>**Phone:** 7166346113

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

Bethany Wagner  East Amherst, NY  04-10-2026<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:** 92

**Form 13F Information Table Value Total:** $392079469

      (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 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 752124 | 2616 | SH |  | SOLE | 0 | 0 | 0 | 2616 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 337061 | 1175 | SH |  | SOLE | 0 | 0 | 0 | 1175 |
| AMAZON COM INC | COM | 023135106 |  | 603150 | 2896 | SH |  | SOLE | 0 | 0 | 0 | 2896 |
| AMERICAN CENTY ETF TR | AVANTIS US SMALL | 025072323 |  | 5603866 | 89950 | SH |  | SOLE | 0 | 0 | 0 | 89950 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 3268947 | 29591 | SH |  | SOLE | 0 | 0 | 0 | 29591 |
| AMERICAN CENTY ETF TR | REAL ESTATE ETF | 025072356 |  | 7626241 | 173245 | SH |  | SOLE | 0 | 0 | 0 | 173245 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 |  | 991691 | 9931 | SH |  | SOLE | 0 | 0 | 0 | 9931 |
| AMERICAN CENTY ETF TR | US LARGE CAP VLU | 025072349 |  | 566756 | 7031 | SH |  | SOLE | 0 | 0 | 0 | 7031 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 2733518 | 32220 | SH |  | SOLE | 0 | 0 | 0 | 32220 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 5414401 | 67193 | SH |  | SOLE | 0 | 0 | 0 | 67193 |
| AMERICAN CENTY ETF TR | AVANTIS RESPONSI | 025072315 |  | 410893 | 6172 | SH |  | SOLE | 0 | 0 | 0 | 6172 |
| APPLE INC | COM | 037833100 |  | 2156819 | 8498 | SH |  | SOLE | 0 | 0 | 0 | 8498 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 948816 | 1980 | SH |  | SOLE | 0 | 0 | 0 | 1980 |
| BOEING CO | COM | 097023105 |  | 213758 | 1074 | SH |  | SOLE | 0 | 0 | 0 | 1074 |
| CHEVRON CORPORATION | COM | 166764100 |  | 268058 | 1296 | SH |  | SOLE | 0 | 0 | 0 | 1296 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 |  | 15416748 | 419389 | SH |  | SOLE | 0 | 0 | 0 | 419389 |
| DIMENSIONAL ETF TRUST | INFLATION PROTE | 25434V856 |  | 14293720 | 342611 | SH |  | SOLE | 0 | 0 | 0 | 342611 |
| DIMENSIONAL ETF TRUST | GLOBAL SUSTAINA | 25434V674 |  | 520465 | 10059 | SH |  | SOLE | 0 | 0 | 0 | 10059 |
| DIMENSIONAL ETF TRUST | INTL SMALL CAP E | 25434V773 |  | 9092808 | 270057 | SH |  | SOLE | 0 | 0 | 0 | 270057 |
| DIMENSIONAL ETF TRUST | INTERNATIONAL | 25434V690 |  | 1470384 | 34679 | SH |  | SOLE | 0 | 0 | 0 | 34679 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 1053325 | 19957 | SH |  | SOLE | 0 | 0 | 0 | 19957 |
| DIMENSIONAL ETF TRUST | US SUSTAINABILTY | 25434V716 |  | 2798270 | 68101 | SH |  | SOLE | 0 | 0 | 0 | 68101 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 |  | 13394381 | 387681 | SH |  | SOLE | 0 | 0 | 0 | 387681 |
| DIMENSIONAL ETF TRUST | NATL MUN BD ETF | 25434V849 |  | 276796 | 5775 | SH |  | SOLE | 0 | 0 | 0 | 5775 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 3172688 | 93700 | SH |  | SOLE | 0 | 0 | 0 | 93700 |
| DIMENSIONAL ETF TRUST | DIMENSIONAL INTE | 25434V575 |  | 385616 | 7352 | SH |  | SOLE | 0 | 0 | 0 | 7352 |
| DIMENSIONAL ETF TRUST | GLOBAL REAL EST | 25434V658 |  | 15477120 | 582284 | SH |  | SOLE | 0 | 0 | 0 | 582284 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 9360857 | 193167 | SH |  | SOLE | 0 | 0 | 0 | 193167 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VAL | 25434V666 |  | 10376511 | 290577 | SH |  | SOLE | 0 | 0 | 0 | 290577 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 4312963 | 69063 | SH |  | SOLE | 0 | 0 | 0 | 69063 |
| DIMENSIONAL ETF TRUST | EMERGING MARKETS | 25434V682 |  | 365261 | 8621 | SH |  | SOLE | 0 | 0 | 0 | 8621 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 4846044 | 138300 | SH |  | SOLE | 0 | 0 | 0 | 138300 |
| ELI LILLY  CO | COM | 532457108 |  | 411003 | 447 | SH |  | SOLE | 0 | 0 | 0 | 447 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 461645 | 2721 | SH |  | SOLE | 0 | 0 | 0 | 2721 |
| GE AEROSPACE | COM NEW | 369604301 |  | 240353 | 847 | SH |  | SOLE | 0 | 0 | 0 | 847 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 213203 | 4041 | SH |  | SOLE | 0 | 0 | 0 | 4041 |
| HOME DEPOT INC | COM | 437076102 |  | 246524 | 750 | SH |  | SOLE | 0 | 0 | 0 | 750 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 309851 | 2191 | SH |  | SOLE | 0 | 0 | 0 | 2191 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 472325 | 3316 | SH |  | SOLE | 0 | 0 | 0 | 3316 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 285228 | 5700 | SH |  | SOLE | 0 | 0 | 0 | 5700 |
| ISHARES TR | MICRO-CAP ETF | 464288869 |  | 1585247 | 9932 | SH |  | SOLE | 0 | 0 | 0 | 9932 |
| ISHARES TR | NEW YORK MUN ETF | 464288323 |  | 1742336 | 32800 | SH |  | SOLE | 0 | 0 | 0 | 32800 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 873433 | 34847 | SH |  | SOLE | 0 | 0 | 0 | 34847 |
| ISHARES TR | GNMA BOND ETF | 46429B333 |  | 243992 | 5504 | SH |  | SOLE | 0 | 0 | 0 | 5504 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 1967440 | 10257 | SH |  | SOLE | 0 | 0 | 0 | 10257 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 749948 | 7843 | SH |  | SOLE | 0 | 0 | 0 | 7843 |
| ISHARES TR | CORE S ETF | 464287200 |  | 582376 | 892 | SH |  | SOLE | 0 | 0 | 0 | 892 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 1008125 | 40084 | SH |  | SOLE | 0 | 0 | 0 | 40084 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 5097392 | 120477 | SH |  | SOLE | 0 | 0 | 0 | 120477 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 660923 | 2247 | SH |  | SOLE | 0 | 0 | 0 | 2247 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 1506730 | 7052 | SH |  | SOLE | 0 | 0 | 0 | 7052 |
| LINDE PLC | SHS | G54950103 |  | 1456047 | 2937 | SH |  | SOLE | 0 | 0 | 0 | 2937 |
| M  T BK CORP | COM | 55261F104 |  | 349819 | 1692 | SH |  | SOLE | 0 | 0 | 0 | 1692 |
| MANAGER DIRECTED PORTFOLIOS | VERT GLB SUST RE | 56170L695 |  | 1070415 | 103622 | SH |  | SOLE | 0 | 0 | 0 | 103622 |
| META PLATFORMS INC | CL A | 30303M102 |  | 465714 | 814 | SH |  | SOLE | 0 | 0 | 0 | 814 |
| MICROSOFT CORP | COM | 594918104 |  | 829917 | 2242 | SH |  | SOLE | 0 | 0 | 0 | 2242 |
| NETFLIX INC. | COM | 64110L106 |  | 357678 | 3720 | SH |  | SOLE | 0 | 0 | 0 | 3720 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 603124 | 6494 | SH |  | SOLE | 0 | 0 | 0 | 6494 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 523278 | 767 | SH |  | SOLE | 0 | 0 | 0 | 767 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1069804 | 6134 | SH |  | SOLE | 0 | 0 | 0 | 6134 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 4996072 | 34589 | SH |  | SOLE | 0 | 0 | 0 | 34589 |
| PUTNAM ETF TRUST | FRANKLIN NY MUNI | 746729763 |  | 118264 | 15162 | SH |  | SOLE | 0 | 0 | 0 | 15162 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 1224983 | 1884 | SH |  | SOLE | 0 | 0 | 0 | 1884 |
| TESLA INC | COM | 88160R101 |  | 238664 | 642 | SH |  | SOLE | 0 | 0 | 0 | 642 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 1218141 | 12382 | SH |  | SOLE | 0 | 0 | 0 | 12382 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 3689539 | 53643 | SH |  | SOLE | 0 | 0 | 0 | 53643 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 17781799 | 226780 | SH |  | SOLE | 0 | 0 | 0 | 226780 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 3103099 | 40206 | SH |  | SOLE | 0 | 0 | 0 | 40206 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 10303973 | 214443 | SH |  | SOLE | 0 | 0 | 0 | 214443 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 1001214 | 4609 | SH |  | SOLE | 0 | 0 | 0 | 4609 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 10102274 | 51490 | SH |  | SOLE | 0 | 0 | 0 | 51490 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 10607110 | 24284 | SH |  | SOLE | 0 | 0 | 0 | 24284 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2489081 | 9503 | SH |  | SOLE | 0 | 0 | 0 | 9503 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 7127763 | 22218 | SH |  | SOLE | 0 | 0 | 0 | 22218 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 246652 | 2781 | SH |  | SOLE | 0 | 0 | 0 | 2781 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 218570 | 1186 | SH |  | SOLE | 0 | 0 | 0 | 1186 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 54864947 | 91816 | SH |  | SOLE | 0 | 0 | 0 | 91816 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 2036758 | 13970 | SH |  | SOLE | 0 | 0 | 0 | 13970 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 5570087 | 103054 | SH |  | SOLE | 0 | 0 | 0 | 103054 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 1765897 | 35353 | SH |  | SOLE | 0 | 0 | 0 | 35353 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 238025 | 4771 | SH |  | SOLE | 0 | 0 | 0 | 4771 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 29916689 | 511047 | SH |  | SOLE | 0 | 0 | 0 | 511047 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 14605443 | 184249 | SH |  | SOLE | 0 | 0 | 0 | 184249 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 202666 | 2162 | SH |  | SOLE | 0 | 0 | 0 | 2162 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 12222452 | 260329 | SH |  | SOLE | 0 | 0 | 0 | 260329 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 501722 | 4574 | SH |  | SOLE | 0 | 0 | 0 | 4574 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 264094 | 1228 | SH |  | SOLE | 0 | 0 | 0 | 1228 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 28932962 | 451513 | SH |  | SOLE | 0 | 0 | 0 | 451513 |
| VANGUARD WELLINGTON FD | SHORT TRM TAX EX | 921935870 |  | 231813 | 2292 | SH |  | SOLE | 0 | 0 | 0 | 2292 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 474356 | 4225 | SH |  | SOLE | 0 | 0 | 0 | 4225 |
| VANGUARD WORLD FD | ESG US CORP BD | 921910691 |  | 1606060 | 25562 | SH |  | SOLE | 0 | 0 | 0 | 25562 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 284374 | 3965 | SH |  | SOLE | 0 | 0 | 0 | 3965 |

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