FORBES FINANCIAL PLANNING, INC.

Filed: 10/28/2025ACC: 0001911316-25-000002

📋 What this filing means

FORBES FINANCIAL PLANNING, INC. filed this quarterly 13F‑HR report disclosing 32 equity positions with a total reported market value of $151.27M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$151.27M

Total AUM (reported)

1.86M

Total Shares

Allocation by class

TOTAL BD ETF$15.01M9.9%

CORE S&P500 ETF$14.71M9.7%

SHRT TRM CORP BD$13.46M8.9%

TOTAL STK MKT$9.73M6.4%

SM CP VAL ETF$9.54M6.3%

S&P 600 SMCP GRW$9.37M6.2%

ENHANCED INTL$8.56M5.7%

Portfolio Concentration

Top 3$43.18M28.5%

4–10$60.55M40.0%

11–25$45.00M29.7%

Rest$2.54M1.7%

Top 3 weight

28.5%

Top 10 weight

68.6%

Voting Authority Distribution

Total shares with voting rights: 1.86M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.86M

% of voting shares100.0%

Investment Discretion (by position count)

Sole32

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings32

Rows:

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares321.88K

TypeSH

Market value$15.01M

9.92%

Sole

0.00

Shared

0.00

None

321.88K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares21.82K

TypeSH

Market value$14.71M

9.72%

Sole

0.00

Shared

0.00

None

21.82K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares166.91K

TypeSH

Market value$13.46M

8.90%

Sole

0.00

Shared

0.00

None

166.91K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares29.48K

TypeSH

Market value$9.73M

6.43%

Sole

0.00

Shared

0.00

None

29.48K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares45.33K

TypeSH

Market value$9.54M

6.31%

Sole

0.00

Shared

0.00

None

45.33K

SPDR SERIES TRUST

SOLE

S&P 600 SMCP GRW

Shares98.52K

TypeSH

Market value$9.37M

6.19%

Sole

0.00

Shared

0.00

None

98.52K

FIDELITY COVINGTON TRUST

SOLE

ENHANCED INTL

Shares240.56K

TypeSH

Market value$8.56M

5.66%

Sole

0.00

Shared

0.00

None

240.56K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares137.71K

TypeSH

Market value$8.25M

5.46%

Sole

0.00

Shared

0.00

None

137.71K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares58.76K

TypeSH

Market value$7.66M

5.06%

Sole

0.00

Shared

0.00

None

58.76K

SPDR SERIES TRUST

SOLE

PORTFOLIO INTRMD

Shares217.60K

TypeSH

Market value$7.44M

4.92%

Sole

0.00

Shared

0.00

None

217.60K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares34.83K

TypeSH

Market value$6.55M

4.33%

Sole

0.00

Shared

0.00

None

34.83K

FIDELITY COVINGTON TRUST

SOLE

VLU FACTOR ETF

Shares85.57K

TypeSH

Market value$5.94M

3.93%

Sole

0.00

Shared

0.00

None

85.57K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares73.05K

TypeSH

Market value$5.47M

3.61%

Sole

0.00

Shared

0.00

None

73.05K

ISHARES TR

SOLE

CORE DIV GRWTH

Shares77.50K

TypeSH

Market value$5.29M

3.50%

Sole

0.00

Shared

0.00

None

77.50K

FIDELITY COVINGTON TRUST

SOLE

BLUE CHIP GRWTH

Shares82.55K

TypeSH

Market value$4.48M

2.96%

Sole

0.00

Shared

0.00

None

82.55K

SPDR SERIES TRUST

SOLE

S&P DIVID ETF

Shares27.03K

TypeSH

Market value$3.77M

2.49%

Sole

0.00

Shared

0.00

None

27.03K

SELECT SECTOR SPDR TR

SOLE

TECHNOLOGY

Shares12.36K

TypeSH

Market value$3.48M

2.30%

Sole

0.00

Shared

0.00

None

12.36K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares3.27K

TypeSH

Market value$2.18M

1.44%

Sole

0.00

Shared

0.00

None

3.27K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares45.62K

TypeSH

Market value$2.14M

1.41%

Sole

0.00

Shared

0.00

None

45.62K

ISHARES U S ETF TR

SOLE

SHORT DURATION B

Shares25.24K

TypeSH

Market value$1.28M

0.85%

Sole

0.00

Shared

0.00

None

25.24K

SELECT SECTOR SPDR TR

SOLE

ENERGY

Shares13.63K

TypeSH

Market value$1.22M

0.81%

Sole

0.00

Shared

0.00

None

13.63K

MICROSOFT CORP

SOLE

COM

Shares1.96K

TypeSH

Market value$1.02M

0.67%

Sole

0.00

Shared

0.00

None

1.96K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares13.38K

TypeSH

Market value$922.6K

0.61%

Sole

0.00

Shared

0.00

None

13.38K

AMAZON COM INC

SOLE

COM

Shares2.90K

TypeSH

Market value$636.8K

0.42%

Sole

0.00

Shared

0.00

None

2.90K

ISHARES TR

SOLE

S&P SML 600 GWT

Shares4.43K

TypeSH

Market value$627.6K

0.41%

Sole

0.00

Shared

0.00

None

4.43K

Issuer	Class	Shares	Type	Value / Portfolio %	None
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	321.88K	SH	$15.01M 9.92%	321.88K
ISHARES TRSOLE	CORE S&P500 ETF	21.82K	SH	$14.71M 9.72%	21.82K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	166.91K	SH	$13.46M 8.90%	166.91K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	29.48K	SH	$9.73M 6.43%	29.48K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	45.33K	SH	$9.54M 6.31%	45.33K
SPDR SERIES TRUSTSOLE	S&P 600 SMCP GRW	98.52K	SH	$9.37M 6.19%	98.52K
FIDELITY COVINGTON TRUSTSOLE	ENHANCED INTL	240.56K	SH	$8.56M 5.66%	240.56K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	137.71K	SH	$8.25M 5.46%	137.71K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	58.76K	SH	$7.66M 5.06%	58.76K
SPDR SERIES TRUSTSOLE	PORTFOLIO INTRMD	217.60K	SH	$7.44M 4.92%	217.60K
VANGUARD INDEX FDSSOLE	VALUE ETF	34.83K	SH	$6.55M 4.33%	34.83K
FIDELITY COVINGTON TRUSTSOLE	VLU FACTOR ETF	85.57K	SH	$5.94M 3.93%	85.57K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	73.05K	SH	$5.47M 3.61%	73.05K
ISHARES TRSOLE	CORE DIV GRWTH	77.50K	SH	$5.29M 3.50%	77.50K
FIDELITY COVINGTON TRUSTSOLE	BLUE CHIP GRWTH	82.55K	SH	$4.48M 2.96%	82.55K
SPDR SERIES TRUSTSOLE	S&P DIVID ETF	27.03K	SH	$3.77M 2.49%	27.03K
SELECT SECTOR SPDR TRSOLE	TECHNOLOGY	12.36K	SH	$3.48M 2.30%	12.36K
SPDR S&P 500 ETF TRSOLE	TR UNIT	3.27K	SH	$2.18M 1.44%	3.27K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	45.62K	SH	$2.14M 1.41%	45.62K
ISHARES U S ETF TRSOLE	SHORT DURATION B	25.24K	SH	$1.28M 0.85%	25.24K
SELECT SECTOR SPDR TRSOLE	ENERGY	13.63K	SH	$1.22M 0.81%	13.63K
MICROSOFT CORPSOLE	COM	1.96K	SH	$1.02M 0.67%	1.96K
ISHARES INCSOLE	CORE MSCI EMKT	13.38K	SH	$922.6K 0.61%	13.38K
AMAZON COM INCSOLE	COM	2.90K	SH	$636.8K 0.42%	2.90K
ISHARES TRSOLE	S&P SML 600 GWT	4.43K	SH	$627.6K 0.41%	4.43K

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