Investments & Financial Planning, LLC

Registered adviser

CIK

1909307

Location

LEXINGTON, KY

Portfolio Value

Small $211,181,968

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,378 / 8,827 ▼ 1

Top Industry

Semiconductors 49.3%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

18 quarters · since Dec 2021

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, Nov 1, 2026

Form ADV adviser

CRD 164333

Roster of Nov 1, 2026

Regulatory AUM

$318,664,226

Main clients

Individuals and high net worth (100% 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 Nov 2026	$318,664,226	Individuals and high net worth (100%)
Mar 2025 to Feb 2026	$278,443,881	Individuals and high net worth (100%)
Mar 2024 to Feb 2025	$241,444,815	Individuals and high net worth (100%)
May 2023 to Feb 2024	$198,035,900	Individuals and high net worth (100%)
Apr 2023	$198,035,900	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$223,016,793	Individuals and high net worth (99%)

2 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 96.7% of the book (60%+)

Turnover

Low turnover

5.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 18.3 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 87.3%; sector active share 81.8% against the combined 13F book's sector weights.

Over time 18 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

40 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

32.2%

+0.2 pts

Top 5

82.7%

+1.1 pts

Top 10

96.7%

−0.1 pts

HHI

1,927

Moderately concentrated+43

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	94.7%	$199,978,599	28
Technology	3.4%	$7,195,195	6
Consumer Cyclical	1.5%	$3,062,438	3
Financial Services	0.2%	$513,801	1
Industrials	0.1%	$228,592	1
Communication Services	0.1%	$203,343	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
VO	VANGUARD MID-CAP INDEX FUND	+176,927	234,793	$18,917,272
VUG	VANGUARD GROWTH INDEX FUND	+17,871	21,440	$1,846,841
CGGR	Capital Group Growth ETF	+5,896	261,680	$12,351,296
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+4,158	369,041	$43,912,188
IJH	iShares Core S&P Mid-Cap ETF	+2,367	408,629	$31,509,382
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	+2,313	73,848	$3,131,893
URTH	iShares MSCI World ETF	+1,492	57,341	$11,619,580
VB	Vanguard Index Funds	+801	149,530	$45,325,533
MUB	iShares National Muni Bond ETF	+591	9,642	$1,037,672
SUB	iShares Short-Term National Muni Bond ETF	+535	4,499	$479,008
SCHV	Schwab U.S. Large-Cap Value ETF	+532	19,748	$687,427
MSFT	Microsoft Corp	+145	1,955	$729,254
TSLA	Tesla, Inc.	+52	5,634	$2,369,660
NVDA	Nvidia Corp	+41	24,848	$4,971,836
AAPL	Apple Inc.	+30	2,404	$695,621
VTV	VANGUARD VALUE INDEX FUND	+19	4,644	$1,012,066
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	+16	2,311	$222,711
VEA	Vanguard FTSE Developed Markets ETF	+12	3,965	$282,506
VOE	VANGUARD MID-CAP VALUE INDEX FUND	+10	2,674	$528,382
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	+1	1,840	$447,101
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−10,893	125,029	$9,881,041
SYBT	Stock Yards Bancorp, Inc.	−3,263	6,719	$513,801
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	−1,164	4,900	$329,476
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	−813	16,988	$433,533
BNDX	Vanguard Total International Bond ETF	−760	13,955	$675,840
BIV	Vanguard Bond Index Funds	−578	53,474	$4,101,455
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	−270	9,482	$833,278
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	−264	8,231	$414,760
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−150	10,067	$611,972
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	−144	53,265	$8,359,941
SCHG	Schwab U.S. Large-Cap Growth ETF	−92	13,299	$450,038
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	−30	3,410	$371,928
ASML	Asml Holding NV	−29	127	$252,658
AMZN	Amazon Com Inc	−20	2,053	$489,312
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
MU	Micron Technology Inc	266	$307,041
TSM	Taiwan Semiconductor Manufacturing Co Ltd	500	$238,785
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	3,949	$204,479
CASY	Caseys General Stores Inc	256	$203,466
GOOGL	Alphabet Inc.	569	$203,343
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
SCHW	Schwab Charles Corp	2,511	$235,983
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

40 tracked positions · $211,181,968 total · filing declares 40 positions · $211,180,759 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VB	Vanguard Index Funds	Added	149,530	+801	$45,325,533	+16.4%	19	before history	21.46%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	369,041	+4,158	$43,912,188	+22.9%	19	before history	20.79%
IJH	iShares Core S&P Mid-Cap ETF	Added	408,629	+2,367	$31,509,382	+14.9%	19	before history	14.92%
VO	VANGUARD MID-CAP INDEX FUND	Added	234,793	+176,927	$18,917,272	+13.8%	17	before history	8.96%
CGGR	Capital Group Growth ETF	Added	261,680	+5,896	$12,351,296	+20.1%	17	before history	5.85%
URTH	iShares MSCI World ETF	Added	57,341	+1,492	$11,619,580	+15.6%	17	before history	5.50%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	125,029	-10,893	$9,881,041	−8.3%	19	before history	4.68%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Reduced	53,265	-144	$8,359,941	+13.2%	19	before history	3.96%
NVDA	Nvidia Corp Technology	Added	24,848	+41	$4,971,836	+14.9%	19	before history	2.35%
BIV	Vanguard Bond Index Funds	Reduced	53,474	-578	$4,101,455	−1.7%	19	before history	1.94%
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	Added	73,848	+2,313	$3,131,893	+3.5%	19	before history	1.48%
TSLA	Tesla, Inc. Consumer Cyclical	Added	5,634	+52	$2,369,660	+14.2%	19	before history	1.12%
VUG	VANGUARD GROWTH INDEX FUND	Added	21,440	+17,871	$1,846,841	+18.5%	19	before history	0.87%
MUB	iShares National Muni Bond ETF	Added	9,642	+591	$1,037,672	+8.0%	19	before history	0.49%
VTV	VANGUARD VALUE INDEX FUND	Added	4,644	+19	$1,012,066	+11.5%	19	before history	0.48%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	9,482	-270	$833,278	+11.6%	19	before history	0.39%
MSFT	Microsoft Corp Technology	Added	1,955	+145	$729,254	+8.8%	6	$413.95	0.35%
AAPL	Apple Inc. Technology	Added	2,404	+30	$695,621	+15.5%	19	before history	0.33%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	19,748	+532	$687,427	+17.3%	15	before history	0.33%
BNDX	Vanguard Total International Bond ETF	Reduced	13,955	-760	$675,840	−4.4%	19	before history	0.32%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	10,067	-150	$611,972	+5.9%	19	before history	0.29%
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Added	2,674	+10	$528,382	+7.6%	19	before history	0.25%
SYBT	Stock Yards Bancorp, Inc. Financial Services	Reduced	6,719	-3,263	$513,801	−22.4%	2	$66.63	0.24%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,053	-20	$489,312	+13.3%	13	$126.86	0.23%
SUB	iShares Short-Term National Muni Bond ETF	Added	4,499	+535	$479,008	+13.5%	19	before history	0.23%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	13,299	-92	$450,038	+15.4%	10	unpriced	0.21%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Added	1,840	+1	$447,101	+11.9%	19	before history	0.21%
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	Reduced	16,988	-813	$433,533	−4.9%	19	before history	0.21%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	8,231	-264	$414,760	+7.0%	19	before history	0.20%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Reduced	3,410	-30	$371,928	−0.8%	19	before history	0.18%
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	Reduced	4,900	-1,164	$329,476	−17.3%	19	before history	0.16%
MU	Micron Technology Inc Technology	NEW	266	NEW	$307,041	NEW	1	$749.89	0.15%
VEA	Vanguard FTSE Developed Markets ETF	Added	3,965	+12	$282,506	+11.5%	2	$66.01	0.13%
ASML	Asml Holding NV Technology	Reduced	127	-29	$252,658	+22.6%	2	$1,370.36	0.12%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	NEW	500	NEW	$238,785	NEW	1	$405.79	0.11%
BA	Boeing Co Industrials	Held	1,056	0	$228,592	+8.8%	7	$156.93	0.11%
JNK	State Street(R) SPDR(R) Bloomberg High Yield Bond ETF	Added	2,311	+16	$222,711	+1.4%	19	before history	0.11%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	NEW	3,949	NEW	$204,479	NEW	1	$51.14	0.10%
CASY	Caseys General Stores Inc Consumer Cyclical	NEW	256	NEW	$203,466	NEW	1	$805.69	0.10%
GOOGL	Alphabet Inc. Communication Services	NEW	569	NEW	$203,343	NEW	1	$359.97	0.10%

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.