# EDGAR Filing Document

**Accession Number:** 0002054264
**File Stem:** 0002054264-25-000021
**Filing Date:** 2025-8
**Character Count:** 14386
**Document Hash:** b66bd5d1567e7aac2b5c1386683ae13e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002054264-25-000021.hdr.sgml**: 20250804

**ACCESSION NUMBER**: 0002054264-25-000021

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250804

**DATE AS OF CHANGE**: 20250804

**EFFECTIVENESS DATE**: 20250804

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Partners in Financial Planning
- **CENTRAL INDEX KEY:** 0002054264

**ORGANIZATION NAME:**
- **EIN:** 271047485
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24971
- **FILM NUMBER:** 251179617

**BUSINESS ADDRESS:**
- **STREET 1:** 421 SOUTH COLLEGE AVENUE
- **CITY:** SALEM
- **STATE:** VA
- **ZIP:** 24153
- **BUSINESS PHONE:** 5404442930

**MAIL ADDRESS:**
- **STREET 1:** 421 SOUTH COLLEGE AVENUE
- **CITY:** SALEM
- **STATE:** VA
- **ZIP:** 24153

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Partners in Financial Planning<br>**Address:** 421 SOUTH COLLEGE AVENUE<br>SALEM, VA 24153

**Form 13F File Number:** 028-24971

**CRD Number (if applicable):** 000151980

**SEC File Number (if applicable):** 801-70754

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:** Stephen Bain<br>**Title:** Member and CCO<br>**Phone:** 5404442930

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

Stephen Bain  Salem, VA  08-04-2025<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:** 107

**Form 13F Information Table Value Total:** $542290064

      (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 |  | 427711 | 3145 | SH |  | SOLE |  | 0 | 0 | 3145 |
| ABBVIE INC | COM | 00287Y109 |  | 244342 | 1316 | SH |  | SOLE |  | 0 | 0 | 1316 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 431551 | 2449 | SH |  | SOLE |  | 0 | 0 | 2449 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 457711 | 2580 | SH |  | SOLE |  | 0 | 0 | 2580 |
| AMAZON COM INC | COM | 023135106 |  | 1345299 | 6132 | SH |  | SOLE |  | 0 | 0 | 6132 |
| APPLE INC | COM | 037833100 |  | 1339298 | 6528 | SH |  | SOLE |  | 0 | 0 | 6528 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 810750 | 1669 | SH |  | SOLE |  | 0 | 0 | 1669 |
| BROADCOM INC | COM | 11135F101 |  | 401622 | 1457 | SH |  | SOLE |  | 0 | 0 | 1457 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 328714 | 1545 | SH |  | SOLE |  | 0 | 0 | 1545 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 363384 | 2163 | SH |  | SOLE |  | 0 | 0 | 2163 |
| CARTER BANKSHARES INC | COM NEW | 146103106 |  | 252245 | 14547 | SH |  | SOLE |  | 0 | 0 | 14547 |
| CHEVRON CORP | COM | 166764100 |  | 304263 | 2125 | SH |  | SOLE |  | 0 | 0 | 2125 |
| CSX CORP | COM | 126408103 |  | 516076 | 15816 | SH |  | SOLE |  | 0 | 0 | 15816 |
| CVS HEALTH CORP | COM | 126650100 |  | 406154 | 5888 | SH |  | SOLE |  | 0 | 0 | 5888 |
| DANAHER CORPORATION | COM | 235851102 |  | 370388 | 1875 | SH |  | SOLE |  | 0 | 0 | 1875 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 421185 | 14549 | SH |  | SOLE |  | 0 | 0 | 14549 |
| DIMENSIONAL ETF TRUST | INTL SMALL CAP E | 25434V773 |  | 368031 | 12333 | SH |  | SOLE |  | 0 | 0 | 12333 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 408668 | 9542 | SH |  | SOLE |  | 0 | 0 | 9542 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 752660 | 21001 | SH |  | SOLE |  | 0 | 0 | 21001 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 1026101 | 19016 | SH |  | SOLE |  | 0 | 0 | 19016 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 366374 | 12449 | SH |  | SOLE |  | 0 | 0 | 12449 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 798006 | 27171 | SH |  | SOLE |  | 0 | 0 | 27171 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 905985 | 11584 | SH |  | SOLE |  | 0 | 0 | 11584 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1360759 | 12623 | SH |  | SOLE |  | 0 | 0 | 12623 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 1078734 | 4954 | SH |  | SOLE |  | 0 | 0 | 4954 |
| GE AEROSPACE | COM NEW | 369604301 |  | 657812 | 2556 | SH |  | SOLE |  | 0 | 0 | 2556 |
| GE VERNOVA INC | COM | 36828A101 |  | 488830 | 924 | SH |  | SOLE |  | 0 | 0 | 924 |
| HESS CORP | COM | 42809H107 |  | 622876 | 4496 | SH |  | SOLE |  | 0 | 0 | 4496 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 2940971 | 57565 | SH |  | SOLE |  | 0 | 0 | 57565 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 742365 | 8893 | SH |  | SOLE |  | 0 | 0 | 8893 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 208534 | 3474 | SH |  | SOLE |  | 0 | 0 | 3474 |
| ISHARES TR | CORE S ETF | 464287200 |  | 879326 | 1416 | SH |  | SOLE |  | 0 | 0 | 1416 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 337061 | 5435 | SH |  | SOLE |  | 0 | 0 | 5435 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 250738 | 2294 | SH |  | SOLE |  | 0 | 0 | 2294 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 562586 | 5671 | SH |  | SOLE |  | 0 | 0 | 5671 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 988680 | 11060 | SH |  | SOLE |  | 0 | 0 | 11060 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 3705960 | 50997 | SH |  | SOLE |  | 0 | 0 | 50997 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 258109 | 5351 | SH |  | SOLE |  | 0 | 0 | 5351 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 4651098 | 44517 | SH |  | SOLE |  | 0 | 0 | 44517 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1630540 | 3840 | SH |  | SOLE |  | 0 | 0 | 3840 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 806309 | 4151 | SH |  | SOLE |  | 0 | 0 | 4151 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 200422 | 1270 | SH |  | SOLE |  | 0 | 0 | 1270 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 214461 | 611 | SH |  | SOLE |  | 0 | 0 | 611 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 471996 | 3403 | SH |  | SOLE |  | 0 | 0 | 3403 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 384527 | 2910 | SH |  | SOLE |  | 0 | 0 | 2910 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 395522 | 3592 | SH |  | SOLE |  | 0 | 0 | 3592 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 267433 | 1369 | SH |  | SOLE |  | 0 | 0 | 1369 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 9724877 | 91451 | SH |  | SOLE |  | 0 | 0 | 91451 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 |  | 1247257 | 19449 | SH |  | SOLE |  | 0 | 0 | 19449 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 410831 | 2690 | SH |  | SOLE |  | 0 | 0 | 2690 |
| LOWES COS INC | COM | 548661107 |  | 521168 | 2349 | SH |  | SOLE |  | 0 | 0 | 2349 |
| MCDONALDS CORP | COM | 580135101 |  | 471023 | 1612 | SH |  | SOLE |  | 0 | 0 | 1612 |
| META PLATFORMS INC | CL A | 30303M102 |  | 455402 | 617 | SH |  | SOLE |  | 0 | 0 | 617 |
| MICROSOFT CORP | COM | 594918104 |  | 1277621 | 2569 | SH |  | SOLE |  | 0 | 0 | 2569 |
| NATIONAL BANKSHARES INC VA COM | COM | 634865109 |  | 435495 | 16011 | SH |  | SOLE |  | 0 | 0 | 16011 |
| NIKE INC | CL B | 654106103 |  | 566609 | 7976 | SH |  | SOLE |  | 0 | 0 | 7976 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2260983 | 8833 | SH |  | SOLE |  | 0 | 0 | 8833 |
| PFIZER INC | COM | 717081103 |  | 208568 | 8604 | SH |  | SOLE |  | 0 | 0 | 8604 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 458057 | 2515 | SH |  | SOLE |  | 0 | 0 | 2515 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 641005 | 4023 | SH |  | SOLE |  | 0 | 0 | 4023 |
| RTX CORPORATION | COM | 75513E101 |  | 227645 | 1559 | SH |  | SOLE |  | 0 | 0 | 1559 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 301791 | 12986 | SH |  | SOLE |  | 0 | 0 | 12986 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 230928 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| SOUTHERN CO | COM | 842587107 |  | 219106 | 2386 | SH |  | SOLE |  | 0 | 0 | 2386 |
| SPDR SER TR | PORTFOLIO AGRGTE | 78464A649 |  | 2559610 | 99985 | SH |  | SOLE |  | 0 | 0 | 99985 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 11613089 | 286814 | SH |  | SOLE |  | 0 | 0 | 286814 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 2964971 | 69372 | SH |  | SOLE |  | 0 | 0 | 69372 |
| SPDR SER TR | PRTFLO S GW | 78464A409 |  | 4122104 | 43245 | SH |  | SOLE |  | 0 | 0 | 43245 |
| SPDR SER TR | PRTFLO S VL | 78464A508 |  | 4074573 | 77848 | SH |  | SOLE |  | 0 | 0 | 77848 |
| SPDR SER TR | PORTFOLIO SH TSR | 78468R101 |  | 1401908 | 47863 | SH |  | SOLE |  | 0 | 0 | 47863 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 567503 | 919 | SH |  | SOLE |  | 0 | 0 | 919 |
| SPDR SER TR | S 600 SMCP GRW | 78464A201 |  | 1640362 | 18483 | SH |  | SOLE |  | 0 | 0 | 18483 |
| SPDR SER TR | S 600 SMCP VAL | 78464A300 |  | 2483412 | 31136 | SH |  | SOLE |  | 0 | 0 | 31136 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 914375 | 7143 | SH |  | SOLE |  | 0 | 0 | 7143 |
| TESLA INC | COM | 88160R101 |  | 972357 | 3061 | SH |  | SOLE |  | 0 | 0 | 3061 |
| TEXAS PACIFIC LAND CORPORATION | COM | 88262P102 |  | 754262 | 714 | SH |  | SOLE |  | 0 | 0 | 714 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 636596 | 14808 | SH |  | SOLE |  | 0 | 0 | 14808 |
| UDR INC | COM | 902653104 |  | 504985 | 12368 | SH |  | SOLE |  | 0 | 0 | 12368 |
| UNION PAC CORP | COM | 907818108 |  | 276096 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 3115628 | 16167 | SH |  | SOLE |  | 0 | 0 | 16167 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1949144 | 28996 | SH |  | SOLE |  | 0 | 0 | 28996 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 14386757 | 107052 | SH |  | SOLE |  | 0 | 0 | 107052 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 44387624 | 778594 | SH |  | SOLE |  | 0 | 0 | 778594 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 15129943 | 305905 | SH |  | SOLE |  | 0 | 0 | 305905 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 1364200 | 29568 | SH |  | SOLE |  | 0 | 0 | 29568 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 62300439 | 142109 | SH |  | SOLE |  | 0 | 0 | 142109 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 1387993 | 17947 | SH |  | SOLE |  | 0 | 0 | 17947 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 6663806 | 80364 | SH |  | SOLE |  | 0 | 0 | 80364 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 2528707 | 8863 | SH |  | SOLE |  | 0 | 0 | 8863 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 4003847 | 14308 | SH |  | SOLE |  | 0 | 0 | 14308 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 391864 | 1378 | SH |  | SOLE |  | 0 | 0 | 1378 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 221819 | 1349 | SH |  | SOLE |  | 0 | 0 | 1349 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 13653803 | 153331 | SH |  | SOLE |  | 0 | 0 | 153331 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 6030390 | 10616 | SH |  | SOLE |  | 0 | 0 | 10616 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 35325628 | 448864 | SH |  | SOLE |  | 0 | 0 | 448864 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 19612757 | 100573 | SH |  | SOLE |  | 0 | 0 | 100573 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1644911 | 6941 | SH |  | SOLE |  | 0 | 0 | 6941 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 18435356 | 66568 | SH |  | SOLE |  | 0 | 0 | 66568 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 11678568 | 238192 | SH |  | SOLE |  | 0 | 0 | 238192 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 66269070 | 900028 | SH |  | SOLE |  | 0 | 0 | 900028 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 50519646 | 1020401 | SH |  | SOLE |  | 0 | 0 | 1020401 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1323737 | 19160 | SH |  | SOLE |  | 0 | 0 | 19160 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 10992791 | 36169 | SH |  | SOLE |  | 0 | 0 | 36169 |
| VANGUARD WELLINGTON FD | US MULTIFACTOR | 921935607 |  | 2692442 | 20019 | SH |  | SOLE |  | 0 | 0 | 20019 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 53119125 | 300550 | SH |  | SOLE |  | 0 | 0 | 300550 |
| WALMART INC | COM | 931142103 |  | 609267 | 6231 | SH |  | SOLE |  | 0 | 0 | 6231 |
| WILLIAMS COS INC | COM | 969457100 |  | 254066 | 4045 | SH |  | SOLE |  | 0 | 0 | 4045 |

---