# EDGAR Filing Document

**Accession Number:** 0001919749
**File Stem:** 0001104659-25-112072
**Filing Date:** 2025-11
**Character Count:** 15082
**Document Hash:** dfa5fbaf0b343085f00330b5a704b8ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-112072.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001104659-25-112072

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Carter Financial Group, INC.
- **CENTRAL INDEX KEY:** 0001919749

**ORGANIZATION NAME:**
- **EIN:** 364339370
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22446
- **FILM NUMBER:** 251482322

**BUSINESS ADDRESS:**
- **STREET 1:** 222 S. COOK ST.
- **CITY:** BARRINGTON
- **STATE:** IL
- **ZIP:** 60010
- **BUSINESS PHONE:** 847-713-2700

**MAIL ADDRESS:**
- **STREET 1:** 222 S. COOK ST.
- **CITY:** BARRINGTON
- **STATE:** IL
- **ZIP:** 60010

### 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:** Carter Financial Group INC.<br>**Address:** 222 S. COOK ST.<br>BARRINGTON, IL 60010

**Form 13F File Number:** 028-22446

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:** Kevin Carter<br>**Title:** President<br>**Phone:** 847-713-2700

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

/s/ Kevin Carter  Barrington, IL  11-13-2025<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:** 116

**Form 13F Information Table Value Total:** $165546835

      (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 |  | 227959 | 1469 | SH |  | SOLE |  | 0 | 0 | 1469 |
| ABBVIE INC | COM | 00287Y109 |  | 250878 | 1084 | SH |  | SOLE |  | 0 | 0 | 1084 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2712443 | 11137 | SH |  | SOLE |  | 0 | 0 | 11137 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1910802 | 7860 | SH |  | SOLE |  | 0 | 0 | 7860 |
| AMAZON COM INC | COM | 023135106 |  | 1740971 | 7929 | SH |  | SOLE |  | 0 | 0 | 7929 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 247242 | 2484 | SH |  | SOLE |  | 0 | 0 | 2484 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 500811 | 1508 | SH |  | SOLE |  | 0 | 0 | 1508 |
| AMGEN INC | COM | 031162100 |  | 619961 | 2197 | SH |  | SOLE |  | 0 | 0 | 2197 |
| AMPLIFY ETF TR | BLOCKCHAIN LDR | 032108607 |  | 8529762 | 127234 | SH |  | SOLE |  | 0 | 0 | 127234 |
| AMPLIFY ETF TR | CWP ENHANCED DIV | 032108409 |  | 7642431 | 171470 | SH |  | SOLE |  | 0 | 0 | 171470 |
| AMPLIFY ETF TR | ONLIN RETL ETF | 032108102 |  | 454752 | 5970 | SH |  | SOLE |  | 0 | 0 | 5970 |
| APPLE INC | COM | 037833100 |  | 6394862 | 25114 | SH |  | SOLE |  | 0 | 0 | 25114 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 266578 | 371 | SH |  | SOLE |  | 0 | 0 | 371 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 1177483 | 8081 | SH |  | SOLE |  | 0 | 0 | 8081 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 215791 | 2813 | SH |  | SOLE |  | 0 | 0 | 2813 |
| AT INC | COM | 00206R102 |  | 360348 | 12760 | SH |  | SOLE |  | 0 | 0 | 12760 |
| BANK AMERICA CORP | COM | 060505104 |  | 357249 | 6925 | SH |  | SOLE |  | 0 | 0 | 6925 |
| BANK MONTREAL QUE | COM | 063671101 |  | 244355 | 1876 | SH |  | SOLE |  | 0 | 0 | 1876 |
| BARCLAYS PLC | ADR | 06738E204 |  | 228396 | 11050 | SH |  | SOLE |  | 0 | 0 | 11050 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 20949498 | 41671 | SH |  | SOLE |  | 0 | 0 | 41671 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 8053379 | 129434 | SH |  | SOLE |  | 0 | 0 | 129434 |
| BLOCK INC | CL A | 852234103 |  | 453422 | 6274 | SH |  | SOLE |  | 0 | 0 | 6274 |
| BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 |  | 50933 | 19665 | SH |  | SOLE |  | 0 | 0 | 19665 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 202936 | 3823 | SH |  | SOLE |  | 0 | 0 | 3823 |
| BROADCOM INC | COM | 11135F101 |  | 841649 | 2551 | SH |  | SOLE |  | 0 | 0 | 2551 |
| CAMBRIA ETF TR | GBL REAL EST ETF | 132061813 |  | 3864944 | 149663 | SH |  | SOLE |  | 0 | 0 | 149663 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 345390 | 1625 | SH |  | SOLE |  | 0 | 0 | 1625 |
| CISCO SYS INC | COM | 17275R102 |  | 275593 | 4028 | SH |  | SOLE |  | 0 | 0 | 4028 |
| CITIGROUP INC | COM NEW | 172967424 |  | 407065 | 4010 | SH |  | SOLE |  | 0 | 0 | 4010 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 549434 | 1628 | SH |  | SOLE |  | 0 | 0 | 1628 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 348809 | 1060 | SH |  | SOLE |  | 0 | 0 | 1060 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 221652 | 452 | SH |  | SOLE |  | 0 | 0 | 452 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 |  | 6037371 | 130060 | SH |  | SOLE |  | 0 | 0 | 130060 |
| ENTREPRENEURSHARES SERIES TR | ERSHARES PRIVATE | 293828877 |  | 600991 | 28456 | SH |  | SOLE |  | 0 | 0 | 28456 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 359580 | 3428 | SH |  | SOLE |  | 0 | 0 | 3428 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1107810 | 9825 | SH |  | SOLE |  | 0 | 0 | 9825 |
| FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 |  | 222405 | 5080 | SH |  | SOLE |  | 0 | 0 | 5080 |
| GABELLI ETFS TRUST | FINL SVCS OPPTYS | 36261K400 |  | 2942157 | 61032 | SH |  | SOLE |  | 0 | 0 | 61032 |
| GE AEROSPACE | COM NEW | 369604301 |  | 411325 | 1366 | SH |  | SOLE |  | 0 | 0 | 1366 |
| GE VERNOVA INC | COM | 36828A101 |  | 211526 | 344 | SH |  | SOLE |  | 0 | 0 | 344 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 |  | 1727119 | 24589 | SH |  | SOLE |  | 0 | 0 | 24589 |
| GLOBAL X FDS | AUTONMOUS EV ETF | 37954Y624 |  | 227245 | 8036 | SH |  | SOLE |  | 0 | 0 | 8036 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 406993 | 511 | SH |  | SOLE |  | 0 | 0 | 511 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 290815 | 4097 | SH |  | SOLE |  | 0 | 0 | 4097 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1159248 | 4418 | SH |  | SOLE |  | 0 | 0 | 4418 |
| INTEL CORP | COM | 458140100 |  | 326531 | 9733 | SH |  | SOLE |  | 0 | 0 | 9733 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 509200 | 1805 | SH |  | SOLE |  | 0 | 0 | 1805 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 11541322 | 46703 | SH |  | SOLE |  | 0 | 0 | 46703 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 |  | 1574865 | 10131 | SH |  | SOLE |  | 0 | 0 | 10131 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2448477 | 4074 | SH |  | SOLE |  | 0 | 0 | 4074 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 391037 | 5932 | SH |  | SOLE |  | 0 | 0 | 5932 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 357648 | 9467 | SH |  | SOLE |  | 0 | 0 | 9467 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 379870 | 7415 | SH |  | SOLE |  | 0 | 0 | 7415 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 735268 | 7724 | SH |  | SOLE |  | 0 | 0 | 7724 |
| ISHARES TR | MBS ETF | 464288588 |  | 846279 | 8894 | SH |  | SOLE |  | 0 | 0 | 8894 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 432042 | 4948 | SH |  | SOLE |  | 0 | 0 | 4948 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 398240 | 3972 | SH |  | SOLE |  | 0 | 0 | 3972 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 317748 | 1313 | SH |  | SOLE |  | 0 | 0 | 1313 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 316739 | 1514 | SH |  | SOLE |  | 0 | 0 | 1514 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 342139 | 2370 | SH |  | SOLE |  | 0 | 0 | 2370 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 1180223 | 3115 | SH |  | SOLE |  | 0 | 0 | 3115 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 359652 | 2469 | SH |  | SOLE |  | 0 | 0 | 2469 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 576790 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 1765917 | 34810 | SH |  | SOLE |  | 0 | 0 | 34810 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 1678234 | 36747 | SH |  | SOLE |  | 0 | 0 | 36747 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 870965 | 2761 | SH |  | SOLE |  | 0 | 0 | 2761 |
| LENNOX INTL INC | COM | 526107107 |  | 287723 | 542 | SH |  | SOLE |  | 0 | 0 | 542 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 236433 | 416 | SH |  | SOLE |  | 0 | 0 | 416 |
| MCDONALDS CORP | COM | 580135101 |  | 294013 | 967 | SH |  | SOLE |  | 0 | 0 | 967 |
| META PLATFORMS INC | CL A | 30303M102 |  | 750175 | 1022 | SH |  | SOLE |  | 0 | 0 | 1022 |
| MICROSOFT CORP | COM | 594918104 |  | 3551414 | 6857 | SH |  | SOLE |  | 0 | 0 | 6857 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 267027 | 16752 | SH |  | SOLE |  | 0 | 0 | 16752 |
| MIZUHO FINANCIAL GROUP INC | SPONSORED ADR | 60687Y109 |  | 148191 | 22118 | SH |  | SOLE |  | 0 | 0 | 22118 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 204105 | 1284 | SH |  | SOLE |  | 0 | 0 | 1284 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 |  | 146863 | 10379 | SH |  | SOLE |  | 0 | 0 | 10379 |
| NEOS ETF TRUST | NEOS ENHCD INME | 78433H402 |  | 4304687 | 90416 | SH |  | SOLE |  | 0 | 0 | 90416 |
| NEOS ETF TRUST | NEOS ENH INC 1-3 | 78433H501 |  | 467467 | 9401 | SH |  | SOLE |  | 0 | 0 | 9401 |
| NETFLIX INC | COM | 64110L106 |  | 437606 | 365 | SH |  | SOLE |  | 0 | 0 | 365 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 389333 | 64889 | SH |  | SOLE |  | 0 | 0 | 64889 |
| NORTHWEST BANCSHARES INC MD | COM | 667340103 |  | 192386 | 15528 | SH |  | SOLE |  | 0 | 0 | 15528 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4999494 | 26794 | SH |  | SOLE |  | 0 | 0 | 26794 |
| ORACLE CORP | COM | 68389X105 |  | 1789834 | 6364 | SH |  | SOLE |  | 0 | 0 | 6364 |
| PACER FDS TR | US SMALL CAP CAS | 69374H857 |  | 4462651 | 101934 | SH |  | SOLE |  | 0 | 0 | 101934 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2880777 | 15792 | SH |  | SOLE |  | 0 | 0 | 15792 |
| RTX CORPORATION | COM | 75513E101 |  | 821236 | 4908 | SH |  | SOLE |  | 0 | 0 | 4908 |
| SAP SE | SPON ADR | 803054204 |  | 291998 | 1093 | SH |  | SOLE |  | 0 | 0 | 1093 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 |  | 2327609 | 51145 | SH |  | SOLE |  | 0 | 0 | 51145 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 1656896 | 76815 | SH |  | SOLE |  | 0 | 0 | 76815 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 223565 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 266087 | 9873 | SH |  | SOLE |  | 0 | 0 | 9873 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 244503 | 1368 | SH |  | SOLE |  | 0 | 0 | 1368 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 360528 | 2426 | SH |  | SOLE |  | 0 | 0 | 2426 |
| SNAP ON INC | COM | 833034101 |  | 597246 | 1724 | SH |  | SOLE |  | 0 | 0 | 1724 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 271231 | 9421 | SH |  | SOLE |  | 0 | 0 | 9421 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1326739 | 1987 | SH |  | SOLE |  | 0 | 0 | 1987 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 383234 | 11308 | SH |  | SOLE |  | 0 | 0 | 11308 |
| SPDR SERIES TRUST | S 600 SMCP VAL | 78464A300 |  | 875468 | 9876 | SH |  | SOLE |  | 0 | 0 | 9876 |
| TESLA INC | COM | 88160R101 |  | 1997292 | 4491 | SH |  | SOLE |  | 0 | 0 | 4491 |
| TIDAL TRUST III | VISTASHARES ARTI | 45259A845 |  | 331422 | 9435 | SH |  | SOLE |  | 0 | 0 | 9435 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 1298060 | 3977 | SH |  | SOLE |  | 0 | 0 | 3977 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 1170155 | 23659 | SH |  | SOLE |  | 0 | 0 | 23659 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1209136 | 1973 | SH |  | SOLE |  | 0 | 0 | 1973 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 292265 | 1146 | SH |  | SOLE |  | 0 | 0 | 1146 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2746142 | 50686 | SH |  | SOLE |  | 0 | 0 | 50686 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1005456 | 20081 | SH |  | SOLE |  | 0 | 0 | 20081 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 704693 | 8378 | SH |  | SOLE |  | 0 | 0 | 8378 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 665744 | 11090 | SH |  | SOLE |  | 0 | 0 | 11090 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 243440 | 5184 | SH |  | SOLE |  | 0 | 0 | 5184 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 375917 | 4703 | SH |  | SOLE |  | 0 | 0 | 4703 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 443951 | 7544 | SH |  | SOLE |  | 0 | 0 | 7544 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 |  | 249403 | 3728 | SH |  | SOLE |  | 0 | 0 | 3728 |
| VISA INC | COM CL A | 92826C839 |  | 507213 | 1486 | SH |  | SOLE |  | 0 | 0 | 1486 |
| WALMART INC | COM | 931142103 |  | 819797 | 7955 | SH |  | SOLE |  | 0 | 0 | 7955 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 213520 | 2547 | SH |  | SOLE |  | 0 | 0 | 2547 |
| ZACKS TRUST | EARNGS CONSTANT | 98888G105 |  | 1523817 | 45325 | SH |  | SOLE |  | 0 | 0 | 45325 |
| ZACKS TRUST | SMALL/MID CAP | 98888G204 |  | 591344 | 15833 | SH |  | SOLE |  | 0 | 0 | 15833 |

---