# EDGAR Filing Document

**Accession Number:** 0001844454
**File Stem:** 0001844454-23-000002
**Filing Date:** 2023-2
**Character Count:** 10761
**Document Hash:** 54219700ffa8c441a945ec138859565c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001844454-23-000002.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001844454-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Wells Financial Advisors INC
- **CENTRAL INDEX KEY:** 0001844454
- **IRS NUMBER:** 043318813
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20674
- **FILM NUMBER:** 23585451

**BUSINESS ADDRESS:**
- **STREET 1:** 205 NEWBURY STREET
- **STREET 2:** SUITE 201
- **CITY:** FRAMINGHAM
- **STATE:** MA
- **ZIP:** 01701
- **BUSINESS PHONE:** 5086559303

**MAIL ADDRESS:**
- **STREET 1:** 205 NEWBURY STREET
- **STREET 2:** SUITE 201
- **CITY:** FRAMINGHAM
- **STATE:** MA
- **ZIP:** 01701

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Wells Financial Advisors INC<br>**Address:** 205 NEWBURY STREET<br>SUITE 201<br>FRAMINGHAM, MA 01701

**Form 13F File Number:** 028-20674

**CRD Number (if applicable):** 000125209

**SEC File Number (if applicable):** 801-116680

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:** Terry Wells<br>**Title:** Chief Compliance Officer<br>**Phone:** 508.655.9303

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

Terry Wells  Farmingham, MA  02-03-2023<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:** 64

**Form 13F Information Table Value Total:** $120828493

      (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 | Stock | 02079K305 |  | 38821 | 440 | SH |  | SOLE |  | 0 | 0 | 440 |
| AMAZON COM INC COM | Stock | 023135106 |  | 23520 | 280 | SH |  | SOLE |  | 0 | 0 | 280 |
| ARK INNOVATION ETF | ETF | 00214Q104 |  | 4030 | 129 | SH |  | SOLE |  | 0 | 0 | 129 |
| BLACKROCK ULTRA SHORT-TERM BOND ETF | ETF | 46434V878 |  | 4445554 | 88840 | SH |  | SOLE |  | 0 | 0 | 88840 |
| ENERGY SELECT SECTOR SPDR FUND | ETF | 81369Y506 |  | 217800 | 2490 | SH |  | SOLE |  | 0 | 0 | 2490 |
| INVESCO QQQ TRUST | ETF | 46090E103 |  | 1331 | 5 | SH |  | SOLE |  | 0 | 0 | 5 |
| ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF | ETF | 46434V407 |  | 1184174 | 28960 | SH |  | SOLE |  | 0 | 0 | 28960 |
| ISHARES CORE DIVIDEND GROWTH ETF | ETF | 46434V621 |  | 1031550 | 20631 | SH |  | SOLE |  | 0 | 0 | 20631 |
| ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF | ETF | 46432F834 |  | 5672 | 98 | SH |  | SOLE |  | 0 | 0 | 98 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 1557203 | 4053 | SH |  | SOLE |  | 0 | 0 | 4053 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | ETF | 464287226 |  | 812388 | 8376 | SH |  | SOLE |  | 0 | 0 | 8376 |
| ISHARES ESG AWARE 1-5 YEAR USD CORPORATE BOND ETF | ETF | 46435G243 |  | 214405 | 9020 | SH |  | SOLE |  | 0 | 0 | 9020 |
| ISHARES ESG AWARE MSCI USA SMALL-CAP ETF | ETF | 46435U663 |  | 267084 | 8123 | SH |  | SOLE |  | 0 | 0 | 8123 |
| ISHARES ESG AWARE USD CORPORATE BOND ETF | ETF | 46435G193 |  | 174701 | 7835 | SH |  | SOLE |  | 0 | 0 | 7835 |
| ISHARES FLOATING RATE BOND ETF | ETF | 46429B655 |  | 728023 | 14465 | SH |  | SOLE |  | 0 | 0 | 14465 |
| ISHARES IBONDS DEC 2023 TERM CORPORATE ETF | ETF | 46434VAX8 |  | 647126 | 25854 | SH |  | SOLE |  | 0 | 0 | 25854 |
| ISHARES IBONDS DEC 2024 TERM CORPORATE ETF | ETF | 46434VBG4 |  | 526617 | 21565 | SH |  | SOLE |  | 0 | 0 | 21565 |
| ISHARES IBONDS DEC 2025 TERM CORPORATE ETF | ETF | 46434VBD1 |  | 455027 | 18710 | SH |  | SOLE |  | 0 | 0 | 18710 |
| ISHARES IBONDS DEC 2026 TERM CORPORATE ETF | ETF | 46435GAA0 |  | 232566 | 9960 | SH |  | SOLE |  | 0 | 0 | 9960 |
| ISHARES IBONDS DEC 2027 TERM CORPORATE ETF | ETF | 46435UAA9 |  | 134378 | 5750 | SH |  | SOLE |  | 0 | 0 | 5750 |
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF | ETF | 46435U515 |  | 135052 | 5560 | SH |  | SOLE |  | 0 | 0 | 5560 |
| ISHARES IBONDS DEC 2029 TERM CORPORATE ETF | ETF | 46436E205 |  | 88680 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF | ETF | 464288513 |  | 22089 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| ISHARES MSCI INTL QUALITY FACTOR ETF | ETF | 46434V456 |  | 3590820 | 110862 | SH |  | SOLE |  | 0 | 0 | 110862 |
| ISHARES MSCI KLD 400 SOCIAL ETF | ETF | 464288570 |  | 13209 | 184 | SH |  | SOLE |  | 0 | 0 | 184 |
| ISHARES MSCI USA MIN VOL FACTOR ETF | ETF | 46429B697 |  | 17370831 | 240927 | SH |  | SOLE |  | 0 | 0 | 240927 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 1092648 | 9588 | SH |  | SOLE |  | 0 | 0 | 9588 |
| ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ETF | ETF | 464287556 |  | 16149 | 123 | SH |  | SOLE |  | 0 | 0 | 123 |
| ISHARES S MID-CAP FUND ETF | ETF | 464287507 |  | 686000 | 2836 | SH |  | SOLE |  | 0 | 0 | 2836 |
| ISHARES S SMALL-CAP FUND ETF | ETF | 464287804 |  | 647716 | 6844 | SH |  | SOLE |  | 0 | 0 | 6844 |
| ISHARES U.S. OIL  GAS EXPLORATION  PRODUCTION ETF | ETF | 464288851 |  | 55716 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 40769 | 170 | SH |  | SOLE |  | 0 | 0 | 170 |
| NUVEEN ESG LARGE-CAP VALUE ETF | ETF | 67092P300 |  | 100049 | 2922 | SH |  | SOLE |  | 0 | 0 | 2922 |
| ROBLOX CORP CL A | Stock | 771049103 |  | 4269 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| SCHWAB U.S. BROAD MARKET ETF | ETF | 808524102 |  | 2868 | 64 | SH |  | SOLE |  | 0 | 0 | 64 |
| SPDR BLACKSTONE SENIOR LOAN ETF | ETF | 78467V608 |  | 593582 | 14513 | SH |  | SOLE |  | 0 | 0 | 14513 |
| SPDR BLOOMBERG CONVERTIBLE SECURITIES ETF | ETF | 78464A359 |  | 165354 | 2570 | SH |  | SOLE |  | 0 | 0 | 2570 |
| SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF | ETF | 78468R408 |  | 2858890 | 117941 | SH |  | SOLE |  | 0 | 0 | 117941 |
| SPDR GOLD SHARES ETF | ETF | 78463V107 |  | 3491191 | 20580 | SH |  | SOLE |  | 0 | 0 | 20580 |
| SPDR PORTFOLIO S 500 GROWTH ETF | ETF | 78464A409 |  | 9606797 | 189595 | SH |  | SOLE |  | 0 | 0 | 189595 |
| SPDR PORTFOLIO S 500 VALUE ETF | ETF | 78464A508 |  | 13301274 | 342023 | SH |  | SOLE |  | 0 | 0 | 342023 |
| SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF | ETF | 78464A474 |  | 804248 | 27374 | SH |  | SOLE |  | 0 | 0 | 27374 |
| VANGUARD DIVIDEND APPRECIATION INDEX FUND ETF | ETF | 921908844 |  | 804805 | 5300 | SH |  | SOLE |  | 0 | 0 | 5300 |
| VANGUARD ESG INTERNATIONAL STOCK ETF | ETF | 921910725 |  | 17659 | 359 | SH |  | SOLE |  | 0 | 0 | 359 |
| VANGUARD ESG U.S. STOCK ETF | ETF | 921910733 |  | 17387 | 264 | SH |  | SOLE |  | 0 | 0 | 264 |
| VANGUARD GROWTH INDEX FUND ETF | ETF | 922908736 |  | 4533442 | 21273 | SH |  | SOLE |  | 0 | 0 | 21273 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 6205735 | 57349 | SH |  | SOLE |  | 0 | 0 | 57349 |
| VANGUARD INTERMEDIATE-TERM TREASURY ETF | ETF | 92206C706 |  | 5946480 | 101684 | SH |  | SOLE |  | 0 | 0 | 101684 |
| VANGUARD LARGE-CAP INDEX FUND ETF | ETF | 922908637 |  | 2616310 | 15019 | SH |  | SOLE |  | 0 | 0 | 15019 |
| VANGUARD MEGA CAP ETF | ETF | 921910873 |  | 207471 | 1567 | SH |  | SOLE |  | 0 | 0 | 1567 |
| VANGUARD MEGA CAP GROWTH ETF | ETF | 921910816 |  | 3363280 | 19546 | SH |  | SOLE |  | 0 | 0 | 19546 |
| VANGUARD MEGA CAP VALUE ETF | ETF | 921910840 |  | 2402576 | 23360 | SH |  | SOLE |  | 0 | 0 | 23360 |
| VANGUARD MID-CAP GROWTH INDEX FUND ETF | ETF | 922908538 |  | 243755 | 1356 | SH |  | SOLE |  | 0 | 0 | 1356 |
| VANGUARD MID-CAP INDEX FUND ETF | ETF | 922908629 |  | 7503265 | 36815 | SH |  | SOLE |  | 0 | 0 | 36815 |
| VANGUARD MID-CAP VALUE INDEX FUND ETF | ETF | 922908512 |  | 181898 | 1345 | SH |  | SOLE |  | 0 | 0 | 1345 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 140536 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF | ETF | 922020805 |  | 135459 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 7195063 | 124439 | SH |  | SOLE |  | 0 | 0 | 124439 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 287202 | 1432 | SH |  | SOLE |  | 0 | 0 | 1432 |
| VANGUARD SMALL-CAP INDEX FUND ETF | ETF | 922908751 |  | 7649627 | 41678 | SH |  | SOLE |  | 0 | 0 | 41678 |
| VANGUARD SMALL-CAP VALUE INDEX FUND ETF | ETF | 922908611 |  | 279901 | 1763 | SH |  | SOLE |  | 0 | 0 | 1763 |
| VANGUARD TOTAL BOND MARKET ETF | ETF | 921937835 |  | 1435579 | 19983 | SH |  | SOLE |  | 0 | 0 | 19983 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 21413 | 112 | SH |  | SOLE |  | 0 | 0 | 112 |
| VANGUARD VALUE FUND ETF | ETF | 922908744 |  | 2249479 | 16025 | SH |  | SOLE |  | 0 | 0 | 16025 |

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