# EDGAR Filing Document

**Accession Number:** 0001906711
**File Stem:** 0002085853-26-000115
**Filing Date:** 2026-1
**Character Count:** 23108
**Document Hash:** 5787b6920d22ded944c840627d74ae8b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000115.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002085853-26-000115

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**EFFECTIVENESS DATE**: 20260128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WMG Financial Advisors, LLC
- **CENTRAL INDEX KEY:** 0001906711

**ORGANIZATION NAME:**
- **EIN:** 201971280
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21993
- **FILM NUMBER:** 26568495

**BUSINESS ADDRESS:**
- **STREET 1:** 620 MABRY HOOD ROAD, SUITE 101
- **CITY:** KNOXVILLE
- **STATE:** TN
- **ZIP:** 37932
- **BUSINESS PHONE:** 865-290-4000

**MAIL ADDRESS:**
- **STREET 1:** 620 MABRY HOOD ROAD, SUITE 101
- **CITY:** KNOXVILLE
- **STATE:** TN
- **ZIP:** 37932

### 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:** WMG Financial Advisors LLC<br>**Address:** 620 Mabry Hood Road Suite 101<br>Knoxville, TN 37932

**Form 13F File Number:** 028-21993

**CRD Number (if applicable):** 000285824

**SEC File Number (if applicable):** 801-116718

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:** Elizabeth C. DeWan<br>**Title:** CCO<br>**Phone:** 865-290-4000

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

/s/ Elizabeth C. DeWan  Knoxville, TN  01-28-2026<br>[Signature]  [City, State]  [Date]

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

[ ] **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).)

[x] **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:** 1

**Form 13F Information Table Entry Total:** 197

**Form 13F Information Table Value Total:** $242754773

      (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.]

|   No. | Name                       | Form 13F File Number   |   CRD Number | SEC File Number   |
|---:|:---|:---|---:|:---|
|     1 | SEI INVESTMENTS CO         |  |    000105146 |  |
|     2 | CITY NATIONAL ROCHDALE LLC | 028-05392              |    000117198 |  |

### 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 |
| ABBVIE INC | COM | 00287Y109 |  | 42499 | 186 | SH |  | OTR | 1 | 0 | 186 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 76544 | 335 | SH |  | DFND | 1 | 0 | 109 | 226 |
| ABBVIE INC | COM | 00287Y109 |  | 144177 | 631 | SH |  | SOLE |  | 0 | 0 | 631 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 432505 | 2975 | SH |  | SOLE |  | 0 | 0 | 2975 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 1094344 | 5870 | SH |  | SOLE |  | 0 | 0 | 5870 |
| AGNC INVT CORP | COM | 00123Q104 |  | 136690 | 12751 | SH |  | SOLE |  | 0 | 0 | 12751 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 120499 | 384 | SH |  | DFND | 1 | 0 | 216 | 168 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 387074 | 1234 | SH |  | SOLE |  | 0 | 0 | 1234 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 744001 | 2377 | SH |  | SOLE |  | 0 | 0 | 2377 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 356820 | 1140 | SH |  | DFND | 1 | 0 | 463 | 677 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 15062 | 48 | SH |  | DFND | 1 | 0 | 0 | 48 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4707 | 15 | SH |  | OTR | 1 | 0 | 15 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 189365 | 605 | SH |  | DFND | 1 | 0 | 0 | 605 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 55714 | 178 | SH |  | OTR | 1 | 0 | 178 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 2186477 | 46501 | SH |  | SOLE |  | 0 | 0 | 46501 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 15222 | 264 | SH |  | OTR | 1 | 0 | 264 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 192873 | 3345 | SH |  | SOLE |  | 0 | 0 | 3345 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 115089 | 1996 | SH |  | DFND | 1 | 0 | 607 | 1389 |
| AMAZON COM INC | COM | 023135106 |  | 1624742 | 7039 | SH |  | SOLE |  | 0 | 0 | 7039 |
| AMAZON COM INC | COM | 023135106 |  | 403704 | 1749 | SH |  | DFND | 1 | 0 | 464 | 1285 |
| AMAZON COM INC | COM | 023135106 |  | 15696 | 68 | SH |  | OTR | 1 | 0 | 68 | 0 |
| AMERICAN CENTY ETF TR | EMERGING MKT VAL | 025072372 |  | 533537 | 9150 | SH |  | SOLE |  | 0 | 0 | 9150 |
| AMERICAN CENTY ETF TR | US LARGE CAP VLU | 025072349 |  | 4017419 | 53021 | SH |  | SOLE |  | 0 | 0 | 53021 |
| AMERICAN CENTY ETF TR | REAL ESTATE ETF | 025072356 |  | 3428377 | 78759 | SH |  | SOLE |  | 0 | 0 | 78759 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 56112921 | 501994 | SH |  | SOLE |  | 0 | 0 | 501994 |
| AMERICAN CENTY ETF TR | AVANTIS US MID C | 025072133 |  | 9819271 | 137911 | SH |  | SOLE |  | 0 | 0 | 137911 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 30529197 | 299365 | SH |  | SOLE |  | 0 | 0 | 299365 |
| AMERICAN CENTY ETF TR | AVANTIS ALL EQT | 025072232 |  | 1365792 | 15898 | SH |  | SOLE |  | 55 | 0 | 15843 |
| AMERICAN CENTY ETF TR | INTERNATIONAL LR | 025072364 |  | 299166 | 4200 | SH |  | SOLE |  | 0 | 0 | 4200 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 |  | 9626207 | 102439 | SH |  | SOLE |  | 0 | 0 | 102439 |
| AMERICAN CENTY ETF TR | AVANTIS US MID C | 025072125 |  | 1363352 | 19300 | SH |  | SOLE |  | 0 | 0 | 19300 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 8430984 | 109465 | SH |  | SOLE |  | 0 | 0 | 109465 |
| AMERICAN CENTY ETF TR | AVANTIS CORE FI | 025072562 |  | 1547839 | 36921 | SH |  | SOLE |  | 0 | 0 | 36921 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 17718339 | 215237 | SH |  | SOLE |  | 0 | 0 | 215237 |
| AMPLIFY ETF TR | BLOCKCHAIN TECHN | 032108607 |  | 2672692 | 46980 | SH |  | SOLE |  | 0 | 0 | 46980 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 424281 | 18975 | SH |  | SOLE |  | 0 | 0 | 18975 |
| APPLE INC | COM | 037833100 |  | 20118 | 74 | SH |  | OTR | 1 | 0 | 74 | 0 |
| APPLE INC | COM | 037833100 |  | 5799423 | 21332 | SH |  | SOLE |  | 0 | 0 | 21332 |
| APPLE INC | COM | 037833100 |  | 558400 | 2054 | SH |  | DFND | 1 | 0 | 662 | 1392 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 330801 | 42629 | SH |  | SOLE |  | 0 | 0 | 42629 |
| ARBUTUS BIOPHARMA CORP | COM | 03879J100 |  | 60630 | 12605 | SH |  | SOLE |  | 0 | 0 | 12605 |
| AT INC | COM | 00206R102 |  | 2744367 | 110482 | SH |  | SOLE |  | 0 | 0 | 110482 |
| AT INC | COM | 00206R102 |  | 20866 | 840 | SH |  | OTR | 1 | 0 | 840 | 0 |
| AT INC | COM | 00206R102 |  | 99733 | 4015 | SH |  | DFND | 1 | 0 | 1613 | 2402 |
| BANK AMERICA CORP | COM | 060505104 |  | 67375 | 1225 | SH |  | DFND | 1 | 0 | 106 | 1119 |
| BANK AMERICA CORP | COM | 060505104 |  | 228525 | 4155 | SH |  | SOLE |  | 0 | 0 | 4155 |
| BANK AMERICA CORP | COM | 060505104 |  | 28710 | 522 | SH |  | OTR | 1 | 0 | 522 | 0 |
| BED BATH  BEYOND INC | COM | 690370101 |  | 506961 | 92850 | SH |  | SOLE |  | 0 | 0 | 92850 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 938448 | 1867 | SH |  | SOLE |  | 0 | 0 | 1867 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 57302 | 114 | SH |  | DFND | 1 | 0 | 0 | 114 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 132197 | 263 | SH |  | DFND | 1 | 0 | 188 | 75 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 222608 | 16750 | SH |  | SOLE |  | 0 | 0 | 16750 |
| BOEING CO | COM | 097023105 |  | 497639 | 2292 | SH |  | SOLE |  | 0 | 0 | 2292 |
| BOEING CO | COM | 097023105 |  | 69913 | 322 | SH |  | DFND | 1 | 0 | 135 | 187 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 |  | 340180 | 116500 | SH |  | SOLE |  | 0 | 0 | 116500 |
| BROADCOM INC | COM | 11135F101 |  | 240193 | 694 | SH |  | DFND | 1 | 0 | 202 | 492 |
| BROADCOM INC | COM | 11135F101 |  | 40148 | 116 | SH |  | OTR | 1 | 0 | 116 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 732207 | 2116 | SH |  | SOLE |  | 0 | 0 | 2116 |
| CARVANA CO | CL A | 146869102 |  | 211010 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| CARVANA CO | CL A | 146869102 |  | 844 | 2 | SH |  | DFND | 1 | 0 | 1 | 1 |
| CHEVRON CORP NEW | COM | 166764100 |  | 121928 | 800 | SH |  | DFND | 1 | 0 | 255 | 545 |
| CHEVRON CORP NEW | COM | 166764100 |  | 78491 | 515 | SH |  | SOLE |  | 0 | 0 | 515 |
| CHEVRON CORP NEW | COM | 166764100 |  | 5487 | 36 | SH |  | OTR | 1 | 0 | 36 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 79335 | 92 | SH |  | DFND | 1 | 0 | 43 | 49 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 164707 | 191 | SH |  | SOLE |  | 0 | 0 | 191 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 367540 | 6173 | SH |  | SOLE |  | 0 | 0 | 6173 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 495472 | 10587 | SH |  | SOLE |  | 0 | 0 | 10587 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 793383 | 20818 | SH |  | SOLE |  | 0 | 0 | 20818 |
| EA SERIES TRUST | STRIVE ENHANCED | 02072L441 |  | 253000 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| ELI LILLY  CO | COM | 532457108 |  | 531967 | 495 | SH |  | SOLE |  | 0 | 0 | 495 |
| ELI LILLY  CO | COM | 532457108 |  | 8597 | 8 | SH |  | OTR | 1 | 0 | 8 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 147231 | 137 | SH |  | DFND | 1 | 0 | 34 | 103 |
| EMERSON ELEC CO | COM | 291011104 |  | 382688 | 2883 | SH |  | SOLE |  | 0 | 0 | 2883 |
| EMERSON ELEC CO | COM | 291011104 |  | 10883 | 82 | SH |  | DFND | 1 | 0 | 30 | 52 |
| EMERSON ELEC CO | COM | 291011104 |  | 2787 | 21 | SH |  | OTR | 1 | 0 | 21 | 0 |
| ETF OPPORTUNITIES TRUST | HEDGEYE CAPITAL | 26923Q747 |  | 3421273 | 123735 | SH |  | SOLE |  | 0 | 0 | 123735 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 60411 | 502 | SH |  | DFND | 1 | 0 | 33 | 469 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 641183 | 5328 | SH |  | SOLE |  | 0 | 0 | 5328 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 51144 | 425 | SH |  | OTR | 1 | 0 | 425 | 0 |
| GUGGENHEIM TAXABLE MUNICP BO | COM | 401664107 |  | 181278 | 12150 | SH |  | SOLE |  | 0 | 0 | 12150 |
| HIVE DIGITAL TECHNOLOGIES LT | COM NEW | 433921103 |  | 129000 | 50000 | SH |  | SOLE |  | 0 | 0 | 50000 |
| HOME DEPOT INC | COM | 437076102 |  | 84649 | 246 | SH |  | DFND | 1 | 0 | 73 | 173 |
| HOME DEPOT INC | COM | 437076102 |  | 120779 | 351 | SH |  | SOLE |  | 0 | 0 | 351 |
| HOME DEPOT INC | COM | 437076102 |  | 40260 | 117 | SH |  | OTR | 1 | 0 | 117 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 MOMNTM | 46138E339 |  | 1921678 | 16105 | SH |  | SOLE |  | 0 | 0 | 16105 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1345953 | 2191 | SH |  | SOLE |  | 0 | 0 | 2191 |
| INVESCO TR INVT GRADE MUNS | COM | 46131M106 |  | 112817 | 10879 | SH |  | SOLE |  | 0 | 0 | 10879 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 2057049 | 41431 | SH |  | SOLE |  | 0 | 0 | 41431 |
| ISHARES INC | MSCI ISRAEL ETF | 464286632 |  | 1277998 | 11615 | SH |  | SOLE |  | 0 | 0 | 11615 |
| ISHARES INC | MSCI STH AFR ETF | 464286780 |  | 220160 | 3200 | SH |  | SOLE |  | 0 | 0 | 3200 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 537907 | 8350 | SH |  | SOLE |  | 0 | 0 | 8350 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 177386 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 359695 | 4361 | SH |  | DFND | 1 | 0 | 252 | 4109 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 265756 | 3296 | SH |  | DFND | 1 | 0 | 2127 | 1169 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 213956 | 1274 | SH |  | SOLE |  | 0 | 0 | 1274 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2325966 | 9449 | SH |  | SOLE |  | 0 | 0 | 9449 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 224364 | 2574 | SH |  | SOLE |  | 0 | 0 | 2574 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 19200 | 78 | SH |  | DFND | 1 | 0 | 0 | 78 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 118789 | 574 | SH |  | DFND | 1 | 0 | 20 | 554 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 46978 | 227 | SH |  | OTR | 1 | 0 | 227 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 251570 | 1216 | SH |  | SOLE |  | 0 | 0 | 1216 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 86999 | 270 | SH |  | OTR | 1 | 0 | 270 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 182699 | 567 | SH |  | DFND | 1 | 0 | 79 | 488 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 689333 | 2139 | SH |  | SOLE |  | 0 | 0 | 2139 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 369 | 1 | SH |  | DFND | 1 | 0 | 0 | 1 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 443045 | 1202 | SH |  | SOLE |  | 0 | 0 | 1202 |
| MCDONALDS CORP | COM | 580135101 |  | 25673 | 84 | SH |  | OTR | 1 | 0 | 84 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 62349 | 204 | SH |  | SOLE |  | 0 | 0 | 204 |
| MCDONALDS CORP | COM | 580135101 |  | 112472 | 368 | SH |  | DFND | 1 | 0 | 141 | 227 |
| MERCK  CO INC | COM | 58933Y105 |  | 293796 | 2791 | SH |  | SOLE |  | 0 | 0 | 2791 |
| MERCK  CO INC | COM | 58933Y105 |  | 66419 | 631 | SH |  | DFND | 1 | 0 | 91 | 540 |
| MERCK  CO INC | COM | 58933Y105 |  | 30210 | 287 | SH |  | OTR | 1 | 0 | 287 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 528078 | 800 | SH |  | SOLE |  | 0 | 0 | 800 |
| META PLATFORMS INC | CL A | 30303M102 |  | 223110 | 338 | SH |  | DFND | 1 | 0 | 107 | 231 |
| META PLATFORMS INC | CL A | 30303M102 |  | 40265 | 61 | SH |  | OTR | 1 | 0 | 61 | 0 |
| MICROPOLIS AI ROBOTICS | ORD SHS | G6083M101 |  | 113980 | 82000 | SH |  | SOLE |  | 0 | 0 | 82000 |
| MICROSOFT CORP | COM | 594918104 |  | 600172 | 1241 | SH |  | DFND | 1 | 0 | 282 | 959 |
| MICROSOFT CORP | COM | 594918104 |  | 56584 | 117 | SH |  | OTR | 1 | 0 | 117 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1979780 | 4094 | SH |  | SOLE |  | 0 | 0 | 4094 |
| NIO INC | SPON ADS | 62914V106 |  | 62475 | 12250 | SH |  | SOLE |  | 0 | 0 | 12250 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 741711 | 3977 | SH |  | DFND | 1 | 0 | 1123 | 2854 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4446541 | 23842 | SH |  | SOLE |  | 0 | 0 | 23842 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 33757 | 181 | SH |  | OTR | 1 | 0 | 181 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 12976 | 73 | SH |  | DFND | 1 | 0 | 18 | 55 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2133 | 12 | SH |  | OTR | 1 | 0 | 12 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 202280 | 1138 | SH |  | SOLE |  | 0 | 0 | 1138 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 204510 | 1275 | SH |  | DFND | 1 | 0 | 179 | 1096 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 39940 | 249 | SH |  | OTR | 1 | 0 | 249 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 82260 | 574 | SH |  | DFND | 1 | 0 | 77 | 497 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 44569 | 311 | SH |  | OTR | 1 | 0 | 311 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 284668 | 1986 | SH |  | SOLE |  | 0 | 0 | 1986 |
| PROSHARES TR | ULTRAPRO QQQ | 74347X831 |  | 233343 | 4426 | SH |  | SOLE |  | 0 | 0 | 4426 |
| PROSPECT CAP CORP | COM | 74348T102 |  | 72391 | 27950 | SH |  | SOLE |  | 0 | 0 | 27950 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 8240 | 73 | SH |  | DFND | 1 | 0 | 20 | 53 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 30026 | 266 | SH |  | OTR | 1 | 0 | 266 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 839263 | 7435 | SH |  | SOLE |  | 0 | 0 | 7435 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 622775 | 72500 | SH |  | SOLE |  | 0 | 0 | 72500 |
| RBB FD INC | US TREAS 3 MNTH | 74933W452 |  | 1006857 | 20186 | SH |  | SOLE |  | 0 | 0 | 20186 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1288659 | 47552 | SH |  | SOLE |  | 0 | 0 | 47552 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 34986 | 1291 | SH |  | DFND | 1 | 0 | 205 | 1086 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 255008 | 10464 | SH |  | DFND | 1 | 0 | 0 | 10464 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 502022 | 15390 | SH |  | DFND | 1 | 0 | 875 | 14515 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 493095 | 16653 | SH |  | DFND | 1 | 0 | 966 | 15687 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 3643 | 123 | SH |  | SOLE |  | 0 | 0 | 123 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 8530 | 350 | SH |  | SOLE |  | 0 | 0 | 350 |
| SEANERGY MARITIME HLDGS CORP | SHS | Y73760400 |  | 159762 | 17309 | SH |  | SOLE |  | 0 | 0 | 17309 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 238841 | 5342 | SH |  | SOLE |  | 0 | 0 | 5342 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 53563 | 1198 | SH |  | DFND | 1 | 0 | 0 | 1198 |
| SERIES PORTFOLIOS TR | ELDRIDGE AAA CLO | 81752T486 |  | 2665081 | 104472 | SH |  | SOLE |  | 0 | 0 | 104472 |
| SERIES PORTFOLIOS TR | ELDRIDGE BBB B | 81752T528 |  | 3706882 | 139988 | SH |  | SOLE |  | 0 | 0 | 139988 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 392767 | 2440 | SH |  | SOLE |  | 0 | 0 | 2440 |
| SIMPLIFY EXCHANGE TRADED FUN | HEALTH CARE ETF | 82889N772 |  | 1009172 | 27573 | SH |  | SOLE |  | 0 | 0 | 27573 |
| SOUTHERN CO | COM | 842587107 |  | 25375 | 291 | SH |  | OTR | 1 | 0 | 291 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 563829 | 6466 | SH |  | SOLE |  | 0 | 0 | 6466 |
| SOUTHERN CO | COM | 842587107 |  | 3750 | 43 | SH |  | DFND | 1 | 0 | 0 | 43 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2840354 | 7167 | SH |  | SOLE |  | 0 | 0 | 7167 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1485120 | 2178 | SH |  | SOLE |  | 0 | 0 | 2178 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 49780 | 73 | SH |  | DFND | 1 | 0 | 0 | 73 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A888 |  | 679536 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 252266 | 14007 | SH |  | SOLE |  | 0 | 0 | 14007 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 176 | 6 | SH |  | DFND | 1 | 0 | 0 | 6 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 256113 | 8750 | SH |  | SOLE |  | 0 | 0 | 8750 |
| TESLA INC | COM | 88160R101 |  | 326047 | 725 | SH |  | SOLE |  | 0 | 0 | 725 |
| TESLA INC | COM | 88160R101 |  | 4047 | 9 | SH |  | OTR | 1 | 0 | 9 | 0 |
| TESLA INC | COM | 88160R101 |  | 165497 | 368 | SH |  | DFND | 1 | 0 | 128 | 240 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 261777 | 793 | SH |  | SOLE |  | 0 | 0 | 793 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 10894 | 33 | SH |  | OTR | 1 | 0 | 33 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 51827 | 157 | SH |  | DFND | 1 | 0 | 61 | 96 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 763613 | 17462 | SH |  | SOLE |  | 0 | 0 | 17462 |
| USA COMPRESSION PARTNERS LP | COM UNIT LTDPAR | 90290N109 |  | 508852 | 22124 | SH |  | SOLE |  | 0 | 0 | 22124 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 1349227 | 95150 | SH |  | SOLE |  | 0 | 0 | 95150 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 3457062 | 46673 | SH |  | OTR | 1 | 0 | 46673 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 11736 | 158 | SH |  | SOLE |  | 0 | 0 | 158 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 933060 | 12597 | SH |  | DFND | 1 | 0 | 503 | 12094 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 229625 | 3303 | SH |  | SOLE |  | 0 | 0 | 3303 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 1437640 | 29752 | SH |  | OTR | 1 | 0 | 29752 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 320893 | 6641 | SH |  | DFND | 1 | 0 | 191 | 6450 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 5042 | 104 | SH |  | SOLE |  | 0 | 0 | 104 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1923397 | 5737 | SH |  | OTR | 1 | 0 | 5737 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 321864 | 513 | SH |  | SOLE |  | 0 | 0 | 513 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 57894 | 173 | SH |  | SOLE |  | 0 | 0 | 173 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 249526 | 5045 | SH |  | DFND | 1 | 0 | 159 | 4886 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 28909 | 383 | SH |  | SOLE |  | 0 | 0 | 383 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1375052 | 18227 | SH |  | OTR | 1 | 0 | 18227 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 216646 | 3468 | SH |  | DFND | 1 | 0 | 0 | 3468 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 10592 | 170 | SH |  | OTR | 1 | 0 | 170 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 55911 | 895 | SH |  | SOLE |  | 0 | 0 | 895 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 3665010 | 4862 | SH |  | SOLE |  | 0 | 0 | 4862 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 262871 | 6454 | SH |  | SOLE |  | 0 | 0 | 6454 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 26515 | 651 | SH |  | OTR | 1 | 0 | 651 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 83945 | 2061 | SH |  | DFND | 1 | 0 | 534 | 1527 |
| VISA INC | COM CL A | 92826C839 |  | 59971 | 171 | SH |  | DFND | 1 | 0 | 12 | 159 |
| VISA INC | COM CL A | 92826C839 |  | 175004 | 499 | SH |  | SOLE |  | 0 | 0 | 499 |
| WALMART INC | COM | 931142103 |  | 2377670 | 21342 | SH |  | SOLE |  | 0 | 0 | 21342 |
| WALMART INC | COM | 931142103 |  | 100603 | 903 | SH |  | DFND | 1 | 0 | 328 | 575 |
| WALMART INC | COM | 931142103 |  | 51694 | 464 | SH |  | OTR | 1 | 0 | 464 | 0 |
| WISDOMTREE TR | ARTIFICIAL INTEL | 97717Y543 |  | 558031 | 19150 | SH |  | SOLE |  | 0 | 0 | 19150 |

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