FINANCIAL LIFE ADVISORS

Registered adviser

CIK

1730813

Location

SAN ANTONIO, TX

Portfolio Value

Small $182,402,137

Diversification

Diversified

Filing Date

Global Rank

#4,635 / 8,807 ▲ 1590 · as of Jun 2026

Top Industry

Semiconductors 27.3%

Period ended 20 days ago

Filed Oct 14, 2026 · 6d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 128502

Roster of Oct 1, 2026

Regulatory AUM

$366,325,843

Main clients

Individuals and high net worth (97% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$366,325,843	Individuals and high net worth (97%)
Mar 2025 to Feb 2026	$345,754,163	Individuals and high net worth (86%)
Apr 2024 to Feb 2025	$324,125,865	Individuals and high net worth (84%)
May 2023 to Mar 2024	$286,662,650	Individuals and high net worth (84%)
Apr 2023	$286,662,650	Individuals and high net worth (84%)
Apr 2022 to Mar 2023	$360,556,322	Individuals and high net worth (77%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 94.3% of the book (60%+)

Turnover

Low turnover

19.9% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.9 quarters (12+), a floor since 35.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 94.6%; sector active share 89.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

60 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

21.0%

−24.9 pts

Top 5

75.3%

−5.2 pts

Top 10

91.5%

−2.8 pts

HHI

1,318

Diversified−1,151

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	97.2%	$177,279,674	51
Technology	1.3%	$2,305,761	4
Healthcare	0.5%	$966,695	1
Consumer Cyclical	0.5%	$892,704	1
Energy	0.2%	$365,536	1
Communication Services	0.2%	$309,051	1
Financial Services	0.2%	$282,716	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
SCHZ	Schwab U.S. Aggregate Bond ETF	+68,027	1,641,270	$36,272,067
IUSB	iShares Core Universal USD Bond ETF	+63,348	433,116	$0
BAI	BlackRock ETF Trust	+13,090	153,347	$7,236,444
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+9,140	271,002	$16,073,127
SPTL	State Street(R) SPDR(R) Portfolio Long Term Treasury ETF	+8,178	22,914	$546,498
BLCR		+7,998	96,067	$4,703,440
NVDA	Nvidia Corp	+5,009	6,119	$1,397,457
EFG	iShares MSCI EAFE Growth ETF	+4,508	104,336	$0
EFV	iShares MSCI EAFE Value ETF	+3,895	232,991	$0
BINC		+3,197	80,199	$4,073,307
IVE	iShares S&P 500 Value ETF	+3,064	166,034	$0
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+2,819	65,910	$3,244,090
IVW	iShares S&P 500 Growth ETF	+727	338,408	$0
SYSB	iShares Systematic Bond ETF	+634	17,116	$0
SCHX	Schwab U.S. Large-Cap ETF	+439	16,147	$484,410
ITA	iShares U.S. Aerospace & Defense ETF	+413	20,846	$0
ICVT	iShares Convertible Bond ETF	+297	9,416	$0
VUG	VANGUARD GROWTH INDEX FUND	+275	164,076	$14,784,888
XOM	ExxonMobil Holdings Corp	+30	2,246	$365,536
SPY	Spdr S&P 500 ETF Trust	+1	1,087	$828,978
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	−17,142	292,671	$14,674,523
PZA	Invesco National AMT-Free Municipal Bond ETF	−7,581	96,159	$2,056,841
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	−7,076	1,293,923	$27,353,532
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−3,517	75,472	$3,574,353
MUB	iShares National Muni Bond ETF	−3,054	45,089	$0
IYW	iShares, Inc.	−2,917	21,236	$0
GLDM	World Gold Trust	−1,936	41,396	$3,401,923
OEF	iShares S&P 100 ETF	−1,797	8,651	$0
DYNF	iShares U.S. Equity Factor Rotation Active ETF	−1,703	304,703	$21,103,729
XCEM	Columbia EM Core ex-China ETF	−1,418	27,478	$1,412,643
AGG	iShares Core U.S. Aggregate Bond ETF	−948	2,189	$0
EHC	Encompass Health Corp	−800	7,957	$966,695
VTV	VANGUARD VALUE INDEX FUND	−745	31,334	$6,770,650
SPLV	Invesco S&P 500 Low Volatility ETF	−680	18,351	$1,293,929
USMV	iShares MSCI USA Min Vol Factor ETF	−568	4,219	$0
QUAL	iShares MSCI USA Quality Factor ETF	−303	47,897	$0
AAPL	Apple Inc.	−13	1,741	$579,787
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
JMUB	JPMorgan Municipal ETF	9,889	$470,518
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	5,622	$394,383
SCMB	Schwab Municipal Bond ETF	12,776	$308,668
VTEL	VANGUARD LONG-TERM TAX-EXEMPT BOND ETF	2,968	$285,165
HPE	Hewlett Packard Enterprise Co	4,162	$265,910
CORO		5,917	$215,082
USIO	Usio, Inc.	23,274	$62,607
IWB	iShares Russell 1000 ETF	484	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
—		17,905	$820,049
TLH	iShares 10-20 Year Treasury Bond ETF	4,395	$441,038
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	5,562	$260,357
VO	VANGUARD MID-CAP INDEX FUND	2,995	$241,307
HEFA	iShares Currency Hedged MSCI EAFE ETF	4,903	$230,097
IJR	iShares Core S&P Small-Cap ETF	1,429	$211,934
IJH	iShares Core S&P Mid-Cap ETF	2,663	$205,343
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	8,727	$204,560
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

60 tracked positions · $182,402,137 total · filing declares 62 positions · $352,254,343 · as of Sep 30, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Technology

Showing 1–50 of 60 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SCHZ	Schwab U.S. Aggregate Bond ETF	Added	1,641,270	+68,027	$36,272,067	−0.3%	19.89%
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	Reduced	1,293,923	-7,076	$27,353,532	−5.8%	15.00%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Reduced	304,703	-1,703	$21,103,729	+1.3%	11.57%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	271,002	+9,140	$16,073,127	+2.8%	8.81%
VUG	VANGUARD GROWTH INDEX FUND	Added	164,076	+275	$14,784,888	+4.8%	8.11%
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	Reduced	292,671	-17,142	$14,674,523	−14.2%	8.05%
BAI	BlackRock ETF Trust	Added	153,347	+13,090	$7,236,444	−2.1%	3.97%
VTV	VANGUARD VALUE INDEX FUND	Reduced	31,334	-745	$6,770,650	−3.2%	3.71%
BLCR		Added	96,067	+7,998	$4,703,440	+6.0%	2.58%
BINC		Added	80,199	+3,197	$4,073,307	+1.1%	2.23%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	75,472	-3,517	$3,574,353	−10.5%	1.96%
GLDM	World Gold Trust	Reduced	41,396	-1,936	$3,401,923	−1.1%	1.87%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Added	65,910	+2,819	$3,244,090	+2.4%	1.78%
PZA	Invesco National AMT-Free Municipal Bond ETF	Reduced	96,159	-7,581	$2,056,841	−15.7%	1.13%
XCEM	Columbia EM Core ex-China ETF	Reduced	27,478	-1,418	$1,412,643	−7.6%	0.77%
NVDA	Nvidia Corp Technology	Added	6,119	+5,009	$1,397,457	+529.2%	0.77%
VEA	Vanguard FTSE Developed Markets ETF	Held	19,743	0	$1,394,053	−0.9%	0.76%
SPLV	Invesco S&P 500 Low Volatility ETF	Reduced	18,351	-680	$1,293,929	−9.2%	0.71%
EMXC	iShares MSCI Emerging Markets ex China ETF	Held	12,401	0	$1,228,691	−3.1%	0.67%
SCHG	Schwab U.S. Large-Cap Growth ETF	Held	33,702	0	$1,210,912	+6.2%	0.66%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Held	7,697	0	$967,281	+5.1%	0.53%
EHC	Encompass Health Corp Healthcare	Reduced	7,957	-800	$966,695	+9.2%	0.53%
AMZN	Amazon Com Inc Consumer Cyclical	Held	3,583	0	$892,704	+4.5%	0.49%
SPY	Spdr S&P 500 ETF Trust	Added	1,087	+1	$828,978	+2.2%	0.45%
AAPL	Apple Inc. Technology	Reduced	1,741	-13	$579,787	+14.2%	0.32%
SPTL	State Street(R) SPDR(R) Portfolio Long Term Treasury ETF	Added	22,914	+8,178	$546,498	+41.4%	0.30%
SCHX	Schwab U.S. Large-Cap ETF	Added	16,147	+439	$484,410	+4.8%	0.27%
JMUB	JPMorgan Municipal ETF	NEW	9,889	NEW	$470,518	NEW	0.26%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	NEW	5,622	NEW	$394,383	NEW	0.22%
NULG	Nuveen ESG Large-Cap Growth ETF	Held	3,231	0	$367,332	−2.9%	0.20%
XOM	ExxonMobil Holdings Corp Energy	Added	2,246	+30	$365,536	+20.7%	0.20%
GOOG	Alphabet Inc. Communication Services	Held	907	0	$309,051	−3.6%	0.17%
SCMB	Schwab Municipal Bond ETF	NEW	12,776	NEW	$308,668	NEW	0.17%
VTEL	VANGUARD LONG-TERM TAX-EXEMPT BOND ETF	NEW	2,968	NEW	$285,165	NEW	0.16%
PB	Prosperity Bancshares Inc Financial Services	Held	4,270	0	$282,716	−9.3%	0.15%
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	Held	2,537	0	$275,771	+2.2%	0.15%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	728	0	$272,446	+1.1%	0.15%
HPE	Hewlett Packard Enterprise Co Technology	NEW	4,162	NEW	$265,910	NEW	0.15%
CORO		NEW	5,917	NEW	$215,082	NEW	0.12%
USIO	Usio, Inc. Technology	NEW	23,274	NEW	$62,607	NEW	0.03%
RSP	Victory Portfolios II	Held	993	0	$0	−100.0%	0.00%
IYW	iShares, Inc.	Reduced	21,236	-2,917	$0	−100.0%	0.00%
AGG	iShares Core U.S. Aggregate Bond ETF	Reduced	2,189	-948	$0	−100.0%	0.00%
EFA	iShares MSCI EAFE ETF	Held	2,715	0	$0	−100.0%	0.00%
EFG	iShares MSCI EAFE Growth ETF	Added	104,336	+4,508	$0	−100.0%	0.00%
EFV	iShares MSCI EAFE Value ETF	Added	232,991	+3,895	$0	−100.0%	0.00%
ICVT	iShares Convertible Bond ETF	Added	9,416	+297	$0	−100.0%	0.00%
IEMG	iShares Trust	Held	5,799	0	$0	−100.0%	0.00%
ITA	iShares U.S. Aerospace & Defense ETF	Added	20,846	+413	$0	−100.0%	0.00%
IUSB	iShares Core Universal USD Bond ETF	Added	433,116	+63,348	$0	−100.0%	0.00%

Showing the top 50 of 60 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.