# EDGAR Filing Document

**Accession Number:** 0001723681
**File Stem:** 0001723681-26-000003
**Filing Date:** 2026-4
**Character Count:** 14180
**Document Hash:** a0467f4926554c986abf05874e6f6400
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001723681-26-000003.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001723681-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Affiance Financial, LLC
- **CENTRAL INDEX KEY:** 0001723681

**ORGANIZATION NAME:**
- **EIN:** 411991971
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18187
- **FILM NUMBER:** 26859527

**BUSINESS ADDRESS:**
- **STREET 1:** 600 HIGHWAY 169 S., SUITE 1750
- **CITY:** ST. LOUIS PARK
- **STATE:** MN
- **ZIP:** 55426
- **BUSINESS PHONE:** 952-253-2588

**MAIL ADDRESS:**
- **STREET 1:** 600 HIGHWAY 169 S., SUITE 1750
- **CITY:** ST. LOUIS PARK
- **STATE:** MN
- **ZIP:** 55426

### 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:** Affiance Financial LLC<br>**Address:** 600 HIGHWAY 169 S. SUITE 1750<br>ST. LOUIS PARK, MN 55426

**Form 13F File Number:** 028-18187

**CRD Number (if applicable):** 000113200

**SEC File Number (if applicable):** 801-78208

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:** Eric Unger<br>**Title:** CCO<br>**Phone:** 952-253-2588

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

/s/Eric Unger  St. Louis Park, MN  04-14-2026<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:** 106

**Form 13F Information Table Value Total:** $617118733

      (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 |
| 3M CO | COM | 88579Y101 |  | 1374253 | 9462 | SH |  | SOLE |  | 0 | 0 | 9462 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 246511 | 2401 | SH |  | SOLE |  | 0 | 0 | 2401 |
| ABBVIE INC | COM | 00287Y109 |  | 597228 | 2746 | SH |  | SOLE |  | 0 | 0 | 2746 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2718017 | 9452 | SH |  | SOLE |  | 0 | 0 | 9452 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4058566 | 14148 | SH |  | SOLE |  | 0 | 0 | 14148 |
| AMAZON COM INC | COM | 023135106 |  | 3565208 | 17118 | SH |  | SOLE |  | 0 | 0 | 17118 |
| APPLE INC | COM | 037833100 |  | 9907599 | 39038 | SH |  | SOLE |  | 0 | 0 | 39038 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2087515 | 4356 | SH |  | SOLE |  | 0 | 0 | 4356 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 690146 | 13206 | SH |  | SOLE |  | 0 | 0 | 13206 |
| BOEING CO | COM | 097023105 |  | 221719 | 1114 | SH |  | SOLE |  | 0 | 0 | 1114 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 2182371 | 56803 | SH |  | SOLE |  | 0 | 0 | 56803 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 6053952 | 142312 | SH |  | SOLE |  | 0 | 0 | 142312 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 7859043 | 351792 | SH |  | SOLE |  | 0 | 0 | 351792 |
| CATERPILLAR INC | COM | 149123101 |  | 393195 | 555 | SH |  | SOLE |  | 0 | 0 | 555 |
| CHEVRON CORPORATION | COM | 166764100 |  | 311385 | 1505 | SH |  | SOLE |  | 0 | 0 | 1505 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 460346 | 461 | SH |  | SOLE |  | 0 | 0 | 461 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 275678 | 3702 | SH |  | SOLE |  | 0 | 0 | 3702 |
| DONALDSON INC | COM | 257651109 |  | 429188 | 5057 | SH |  | SOLE |  | 0 | 0 | 5057 |
| ECOLAB INC | COM | 278865100 |  | 553093 | 2079 | SH |  | SOLE |  | 0 | 0 | 2079 |
| ELI LILLY  CO | COM | 532457108 |  | 1292277 | 1405 | SH |  | SOLE |  | 0 | 0 | 1405 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 383534 | 2260 | SH |  | SOLE |  | 0 | 0 | 2260 |
| GENERAL MILLS INC | COM | 370334104 |  | 424885 | 11415 | SH |  | SOLE |  | 0 | 0 | 11415 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 386612 | 2774 | SH |  | SOLE |  | 0 | 0 | 2774 |
| HONEYWELL INTL INC | COM | 438516106 |  | 610055 | 2699 | SH |  | SOLE |  | 0 | 0 | 2699 |
| INSPIREMD INC | COM | 45779A846 |  | 408103 | 250370 | SH |  | SOLE |  | 0 | 0 | 250370 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2055331 | 3560 | SH |  | SOLE |  | 0 | 0 | 3560 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 519462 | 900 | SH | Put | SOLE |  | 0 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 2335157 | 51356 | SH |  | SOLE |  | 0 | 0 | 51356 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 34488720 | 380964 | SH |  | SOLE |  | 0 | 0 | 380964 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 11356807 | 168174 | SH |  | SOLE |  | 0 | 0 | 168174 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 5346200 | 43007 | SH |  | SOLE |  | 0 | 0 | 43007 |
| ISHARES TR | CORE S ETF | 464287200 |  | 5730925 | 8773 | SH |  | SOLE |  | 0 | 0 | 8773 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 96500832 | 972104 | SH |  | SOLE |  | 0 | 0 | 972104 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 2670653 | 23980 | SH |  | SOLE |  | 0 | 0 | 23980 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 3582690 | 37468 | SH |  | SOLE |  | 0 | 0 | 37468 |
| ISHARES TR | ESG AWR MSCI USA | 46436E221 |  | 1310412 | 41167 | SH |  | SOLE |  | 0 | 0 | 41167 |
| ISHARES TR | ESG SELECT SCRE | 46436E551 |  | 1123497 | 24763 | SH |  | SOLE |  | 0 | 0 | 24763 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 |  | 321648 | 4800 | SH |  | SOLE |  | 0 | 0 | 4800 |
| ISHARES TR | GLOBAL 100 ETF | 464287572 |  | 236133 | 1952 | SH |  | SOLE |  | 0 | 0 | 1952 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 1426140 | 24755 | SH |  | SOLE |  | 0 | 0 | 24755 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1453745 | 14967 | SH |  | SOLE |  | 0 | 0 | 14967 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1265054 | 22276 | SH |  | SOLE |  | 0 | 0 | 22276 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 1005559 | 9473 | SH |  | SOLE |  | 0 | 0 | 9473 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 26157082 | 61344 | SH |  | SOLE |  | 0 | 0 | 61344 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 2189476 | 10247 | SH |  | SOLE |  | 0 | 0 | 10247 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 849564 | 6631 | SH |  | SOLE |  | 0 | 0 | 6631 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 404775 | 1917 | SH |  | SOLE |  | 0 | 0 | 1917 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 344458 | 2275 | SH |  | SOLE |  | 0 | 0 | 2275 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 798248 | 4400 | SH |  | SOLE |  | 0 | 0 | 4400 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 786256 | 15535 | SH |  | SOLE |  | 0 | 0 | 15535 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 996826 | 4078 | SH |  | SOLE |  | 0 | 0 | 4078 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2509773 | 8532 | SH |  | SOLE |  | 0 | 0 | 8532 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 566918 | 938 | SH |  | SOLE |  | 0 | 0 | 938 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1231419 | 3765 | SH |  | SOLE |  | 0 | 0 | 3765 |
| MCDONALDS CORP | COM | 580135101 |  | 1253105 | 4032 | SH |  | SOLE |  | 0 | 0 | 4032 |
| MEDICAL PROPERTIES TRUST INC | COM | 58463J304 |  | 260766 | 56321 | SH |  | SOLE |  | 0 | 0 | 56321 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 258130 | 2979 | SH |  | SOLE |  | 0 | 0 | 2979 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2605613 | 4554 | SH |  | SOLE |  | 0 | 0 | 4554 |
| MICROSOFT CORP | COM | 594918104 |  | 4047091 | 10933 | SH |  | SOLE |  | 0 | 0 | 10933 |
| NETFLIX INC. | COM | 64110L106 |  | 405176 | 4214 | SH |  | SOLE |  | 0 | 0 | 4214 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 446185 | 654 | SH |  | SOLE |  | 0 | 0 | 654 |
| NUSHARES ETF TR | NUVEEN ESG SMLCP | 67092P607 |  | 694780 | 15419 | SH |  | SOLE |  | 0 | 0 | 15419 |
| NVENT ELEC PLC | SHS | G6700G107 |  | 250754 | 2120 | SH |  | SOLE |  | 0 | 0 | 2120 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2554611 | 14648 | SH |  | SOLE |  | 0 | 0 | 14648 |
| OLD REP INTL CORP | COM | 680223104 |  | 207629 | 5203 | SH |  | SOLE |  | 0 | 0 | 5203 |
| ORACLE CORP | COM | 68389X105 |  | 638741 | 4341 | SH |  | SOLE |  | 0 | 0 | 4341 |
| PENTAIR PLC | SHS | G7S00T104 |  | 204796 | 2351 | SH |  | SOLE |  | 0 | 0 | 2351 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 8980351 | 97316 | SH |  | SOLE |  | 0 | 0 | 97316 |
| PRIVIA HEALTH GROUP INC | COM | 74276R102 |  | 714643 | 34742 | SH |  | SOLE |  | 0 | 0 | 34742 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 382707 | 2649 | SH |  | SOLE |  | 0 | 0 | 2649 |
| PROFESIONALLY MANAGED PORTFO | AKRE FOCUS ETF | 74316P579 |  | 19676795 | 372314 | SH |  | SOLE |  | 0 | 0 | 372314 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 461924 | 4728 | SH |  | SOLE |  | 0 | 0 | 4728 |
| RTX CORPORATION | COM | 75513E101 |  | 261187 | 1354 | SH |  | SOLE |  | 0 | 0 | 1354 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 459089 | 15760 | SH |  | SOLE |  | 0 | 0 | 15760 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 |  | 1628861 | 19869 | SH |  | SOLE |  | 0 | 0 | 19869 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 859428 | 5862 | SH |  | SOLE |  | 0 | 0 | 5862 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 457309 | 3441 | SH |  | SOLE |  | 0 | 0 | 3441 |
| SEMPRA | COM | 816851109 |  | 212025 | 2182 | SH |  | SOLE |  | 0 | 0 | 2182 |
| SERVICENOW INC | COM | 81762P102 |  | 521705 | 4990 | SH |  | SOLE |  | 0 | 0 | 4990 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X509 |  | 11676476 | 248912 | SH |  | SOLE |  | 0 | 0 | 248912 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R531 |  | 2813007 | 44594 | SH |  | SOLE |  | 0 | 0 | 44594 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 3986949 | 6130 | SH |  | SOLE |  | 0 | 0 | 6130 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 238500 | 1325 | SH |  | SOLE |  | 0 | 0 | 1325 |
| TARGET CORP | COM | 87612E106 |  | 1121951 | 9257 | SH |  | SOLE |  | 0 | 0 | 9257 |
| TESLA INC | COM | 88160R101 |  | 850564 | 2288 | SH |  | SOLE |  | 0 | 0 | 2288 |
| UNION PAC CORP | COM | 907818108 |  | 443509 | 1828 | SH |  | SOLE |  | 0 | 0 | 1828 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1595737 | 5897 | SH |  | SOLE |  | 0 | 0 | 5897 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 569771 | 4984 | SH |  | SOLE |  | 0 | 0 | 4984 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 425445 | 3705 | SH |  | SOLE |  | 0 | 0 | 3705 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 14552735 | 70713 | SH |  | SOLE |  | 0 | 0 | 70713 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 3257483 | 11343 | SH |  | SOLE |  | 0 | 0 | 11343 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 116309133 | 194643 | SH |  | SOLE |  | 0 | 0 | 194643 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 73103412 | 227871 | SH |  | SOLE |  | 0 | 0 | 227871 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 20318507 | 103560 | SH |  | SOLE |  | 0 | 0 | 103560 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 11487135 | 212527 | SH |  | SOLE |  | 0 | 0 | 212527 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 4664065 | 33719 | SH |  | SOLE |  | 0 | 0 | 33719 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 358977 | 6485 | SH |  | SOLE |  | 0 | 0 | 6485 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 352556 | 3761 | SH |  | SOLE |  | 0 | 0 | 3761 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 2992560 | 13915 | SH |  | SOLE |  | 0 | 0 | 13915 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 2011491 | 26086 | SH |  | SOLE |  | 0 | 0 | 26086 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 33477786 | 522437 | SH |  | SOLE |  | 0 | 0 | 522437 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 1890628 | 2709 | SH |  | SOLE |  | 0 | 0 | 2709 |
| VISA INC | COM CL A | 92826C839 |  | 253008 | 837 | SH |  | SOLE |  | 0 | 0 | 837 |
| WALMART INC | COM | 931142103 |  | 2301914 | 18522 | SH |  | SOLE |  | 0 | 0 | 18522 |
| WELLS FARGO  CO | COM | 949746101 |  | 203006 | 2550 | SH |  | SOLE |  | 0 | 0 | 2550 |
| XCEL ENERGY INC | COM | 98389B100 |  | 364788 | 4592 | SH |  | SOLE |  | 0 | 0 | 4592 |

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