# EDGAR Filing Document

**Accession Number:** 0002049157
**File Stem:** 0001420506-25-002960
**Filing Date:** 2025-10
**Character Count:** 13175
**Document Hash:** d17b26208335ddc5a3c02b536cf0702c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-002960.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001420506-25-002960

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tandem Financial, LLC
- **CENTRAL INDEX KEY:** 0002049157

**ORGANIZATION NAME:**
- **EIN:** 824386489
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24630
- **FILM NUMBER:** 251441384

**BUSINESS ADDRESS:**
- **STREET 1:** 8400 E PRENTICE AVENUE
- **STREET 2:** SUITE 1360
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 7208455700

**MAIL ADDRESS:**
- **STREET 1:** 8400 E PRENTICE AVENUE
- **STREET 2:** SUITE 1360
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Tandem Financial LLC<br>**Address:** 8400 E PRENTICE AVENUE<br>SUITE 1360<br>GREENWOOD VILLAGE, CO 80111

**Form 13F File Number:** 028-24630

**CRD Number (if applicable):** 000292565

**SEC File Number (if applicable):** 801-122130

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:** Tammi Ellis<br>**Title:** Compliance Consultant<br>**Phone:** 7204145177

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

Tammi Ellis Compliance Consultant  Broomfield, CO  10-31-2025<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:** 89

**Form 13F Information Table Value Total:** $268835863

      (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 |  | 1010344 | 4156 | SH |  | SOLE |  | 4016 | 0 | 140 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 792756 | 3255 | SH |  | SOLE |  | 2988 | 0 | 267 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 965304 | 20569 | SH |  | SOLE |  | 20353 | 0 | 216 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 383295 | 5709 | SH |  | SOLE |  | 982 | 0 | 4727 |
| AMAZON COM INC | COM | 023135106 |  | 468124 | 2132 | SH |  | SOLE |  | 1823 | 0 | 309 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 444944 | 21279 | SH |  | SOLE |  | 21279 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 2269196 | 8912 | SH |  | SOLE |  | 6128 | 0 | 2784 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 571113 | 1136 | SH |  | SOLE |  | 1063 | 0 | 73 |
| BROADCOM INC | COM | 11135F101 |  | 200528 | 608 | SH |  | SOLE |  | 255 | 0 | 353 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 623372 | 10442 | SH |  | SOLE |  | 9495 | 0 | 947 |
| CHEVRON CORP NEW | COM | 166764100 |  | 570277 | 3672 | SH |  | SOLE |  | 3174 | 0 | 498 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 237992 | 257 | SH |  | SOLE |  | 146 | 0 | 111 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS VA | 25434V740 |  | 651162 | 20419 | SH |  | SOLE |  | 19266 | 0 | 1153 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 1844033 | 58485 | SH |  | SOLE |  | 56615 | 0 | 1870 |
| DIMENSIONAL ETF TRUST | GLOBAL CORE PLUS | 25434V583 |  | 1111901 | 20009 | SH |  | SOLE |  | 16664 | 0 | 3345 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 792988 | 17194 | SH |  | SOLE |  | 17194 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 2310318 | 70458 | SH |  | SOLE |  | 70458 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 3680889 | 80439 | SH |  | SOLE |  | 80439 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 2460574 | 63795 | SH |  | SOLE |  | 63795 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 |  | 1194061 | 31614 | SH |  | SOLE |  | 31614 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 520839 | 16358 | SH |  | SOLE |  | 16358 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 450048 | 3992 | SH |  | SOLE |  | 3977 | 0 | 15 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST S 500 | 33739Q705 |  | 2901302 | 58838 | SH |  | SOLE |  | 40872 | 0 | 17966 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 1033180 | 26983 | SH |  | SOLE |  | 26228 | 0 | 755 |
| GLOBAL X FDS | GLB X MLP ENRG I | 37954Y293 |  | 587656 | 9371 | SH |  | SOLE |  | 7621 | 16 | 1734 |
| GOLDMAN SACHS ETF TR | NASDAQ-100 PREMI | 38149W630 |  | 1229191 | 23431 | SH |  | SOLE |  | 18851 | 0 | 4580 |
| GOLDMAN SACHS ETF TR | S 500 PREMIUM | 38149W622 |  | 943274 | 18060 | SH |  | SOLE |  | 14687 | 0 | 3373 |
| GOLDMAN SACHS PHYSICAL GOLD | UNIT | 38150K103 |  | 6223853 | 163270 | SH |  | SOLE |  | 162797 | 0 | 473 |
| INVESCO EXCH TRADED FD TR II | NATL AMT MUNI | 46138E537 |  | 276319 | 11967 | SH |  | SOLE |  | 11967 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | RAFI STRATGIC US | 46138J742 |  | 4118501 | 74597 | SH |  | SOLE |  | 63085 | 0 | 11512 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 9811360 | 16329 | SH |  | SOLE |  | 12241 | 0 | 4088 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 217080 | 2429 | SH |  | SOLE |  | 2419 | 0 | 10 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 932865 | 9671 | SH |  | SOLE |  | 7798 | 0 | 1873 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 363888 | 5345 | SH |  | SOLE |  | 0 | 0 | 5345 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 327883 | 2759 | SH |  | SOLE |  | 2121 | 0 | 638 |
| ISHARES TR | CORE S ETF | 464287200 |  | 53228750 | 79529 | SH |  | SOLE |  | 77691 | 2 | 1836 |
| ISHARES TR | MORNINGSTAR VALU | 464288109 |  | 5908733 | 65638 | SH |  | SOLE |  | 65638 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP GRW | 464288307 |  | 7794594 | 94217 | SH |  | SOLE |  | 74432 | 9 | 19776 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 4732604 | 10104 | SH |  | SOLE |  | 6052 | 0 | 4052 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 4083757 | 20059 | SH |  | SOLE |  | 11303 | 0 | 8756 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 3421681 | 14142 | SH |  | SOLE |  | 11511 | 4 | 2627 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 2780358 | 13287 | SH |  | SOLE |  | 12537 | 0 | 750 |
| J P MORGAN EXCHANGE TRADED F | ACTIVE BOND ETF | 46654Q716 |  | 5680301 | 104880 | SH |  | SOLE |  | 102877 | 0 | 2003 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 901514 | 15788 | SH |  | SOLE |  | 15512 | 0 | 276 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 |  | 505508 | 10016 | SH |  | SOLE |  | 10016 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 818050 | 14222 | SH |  | SOLE |  | 14222 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 |  | 7356885 | 116943 | SH |  | SOLE |  | 116943 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 218611 | 1179 | SH |  | SOLE |  | 1139 | 0 | 40 |
| KKR  CO INC | COM | 48251W104 |  | 234040 | 1801 | SH |  | SOLE |  | 1801 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2597782 | 5016 | SH |  | SOLE |  | 4705 | 2 | 309 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 2906680 | 43338 | SH |  | SOLE |  | 41313 | 0 | 2025 |
| NEWMONT CORP | COM | 651639106 |  | 885971 | 10508 | SH |  | SOLE |  | 10508 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 1235136 | 137065 | SH |  | SOLE |  | 109472 | 0 | 27593 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 807376 | 4327 | SH |  | SOLE |  | 4037 | 0 | 290 |
| ORACLE CORP | COM | 68389X105 |  | 621541 | 2210 | SH |  | SOLE |  | 2210 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2309404 | 14238 | SH |  | SOLE |  | 145 | 0 | 14093 |
| QUANTA SVCS INC | COM | 74762E102 |  | 4606342 | 11115 | SH |  | SOLE |  | 10405 | 0 | 710 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 414345 | 6277 | SH |  | SOLE |  | 6277 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL EMER | 808524730 |  | 10177630 | 281461 | SH |  | SOLE |  | 237402 | 0 | 44059 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 912775 | 33435 | SH |  | SOLE |  | 33435 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 326411 | 11213 | SH |  | SOLE |  | 11213 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 731784 | 2596 | SH |  | SOLE |  | 1999 | 0 | 597 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 3476853 | 9781 | SH |  | SOLE |  | 7833 | 3 | 1945 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 333090 | 500 | PRN | Put | SOLE |  | 0 | 0 | 500 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 10867879 | 16270 | SH |  | SOLE |  | 14060 | 3 | 2207 |
| SPDR SERIES TRUST | COMP SOFTWARE | 78464A599 |  | 3618445 | 18297 | SH |  | SOLE |  | 15200 | 0 | 3097 |
| SPDR SERIES TRUST | PORTFOLIO AGRGTE | 78464A649 |  | 1070992 | 41431 | SH |  | SOLE |  | 36846 | 0 | 4585 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 2276369 | 37670 | SH |  | SOLE |  | 31772 | 0 | 5898 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 2290411 | 57548 | SH |  | SOLE |  | 55069 | 0 | 2479 |
| TIDAL TRUST I | FUNDSTRAT GRANNY | 886364231 |  | 596037 | 23851 | SH |  | SOLE |  | 17340 | 0 | 6511 |
| ULTIMUS MANAGERS TR | WESTWOOD SALIENT | 90386K589 |  | 203611 | 7623 | SH |  | SOLE |  | 7530 | 0 | 93 |
| VANECK ETF TRUST | CLO ETF | 92189H748 |  | 5822787 | 109657 | SH |  | SOLE |  | 106170 | 0 | 3487 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 14421432 | 188762 | SH |  | SOLE |  | 163095 | 20 | 25647 |
| VANECK ETF TRUST | LONG MUNI ETF | 92189F536 |  | 216246 | 12371 | SH |  | SOLE |  | 9197 | 0 | 3174 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 |  | 761854 | 42873 | SH |  | SOLE |  | 42873 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 21405250 | 274110 | SH |  | SOLE |  | 274110 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 4992790 | 100946 | SH |  | SOLE |  | 100946 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1045421 | 2177 | SH |  | SOLE |  | 2177 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 252614 | 1205 | SH |  | SOLE |  | 1205 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 937379 | 3145 | SH |  | SOLE |  | 1746 | 0 | 1399 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 503503 | 2686 | SH |  | SOLE |  | 2686 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 3334021 | 61536 | SH |  | SOLE |  | 59720 | 0 | 1816 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 217035 | 1575 | SH |  | SOLE |  | 204 | 0 | 1371 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 438814 | 8764 | SH |  | SOLE |  | 8764 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 647757 | 8342 | SH |  | SOLE |  | 7047 | 0 | 1295 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 7194749 | 126534 | SH |  | SOLE |  | 108549 | 0 | 17985 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 321701 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 2655176 | 44312 | SH |  | SOLE |  | 44312 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 214674 | 2083 | SH |  | SOLE |  | 1642 | 0 | 441 |

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