Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNDC	SCHWAB STRATEGIC TR	91,808	$4.575M	2.1%	$49.83	$50.09	-0.5%	FUNDAMENTAL INTL	808524748
SCYB	SCHWAB STRATEGIC TR	63,402	$1.6M	0.7%	$25.24	$25.91	-2.6%	HIGH YIEL BD ETF	808524631
SHM	SPDR SERIES TRUST	27,825	$1.298M	0.6%	$46.65	$47.54	-1.9%	ST NUVE TERM ETF	78468R739
SUB	ISHARES TR	11,286	$1.18M	0.5%	$104.54	$105.90	-1.3%	SHRT NAT MUN ETF	464288158
VGSH	VANGUARD SCOTTSDALE FDS	10,171	$585K	0.3%	$57.56	$57.95	-0.7%	SHORT TERM TREAS	92206C102
STIP	ISHARES TR	4,830	$482K	0.2%	$99.70	$100.77	-1.1%	0-5 YR TIPS ETF	46429B747

Increased Positions (16)

FNDA SCHWAB STRATEGIC TR 18.3%

Value $40.37M (+75.6%) Shares 1,153,317 (+91.0%) Share Price $35.00 Est. Cost/Share $32.32 Unrealized @ Report Date +8.3%

SCHP SCHWAB STRATEGIC TR 6.3%

Value $13.86M (+1915.9%) Shares 551,356 (+2025.8%) Share Price $25.13 Est. Cost/Share $25.93 Unrealized @ Report Date -3.1%

SCHO SCHWAB STRATEGIC TR 5.9%

Value $13M (+1804.8%) Shares 544,703 (+1827.1%) Share Price $23.86 Est. Cost/Share $24.03 Unrealized @ Report Date -0.7%

FNDX SCHWAB STRATEGIC TR 13.7%

Value $30.22M (+56.9%) Shares 960,309 (+55.0%) Share Price $31.47 Est. Cost/Share $26.61 Unrealized @ Report Date +18.3%

FNDF SCHWAB STRATEGIC TR 4.7%

Value $10.4M (+2539.0%) Shares 193,452 (+2490.4%) Share Price $53.75 Est. Cost/Share $53.95 Unrealized @ Report Date -0.4%

SCHI SCHWAB STRATEGIC TR 2.4%

Value $5.392M (+1918.4%) Shares 251,483 (+2031.4%) Share Price $21.44 Est. Cost/Share $22.17 Unrealized @ Report Date -3.3%

BKIE BNY MELLON ETF TRUST 1.8%

Value $4.071M (-43.1%) Shares 121,844 (+71.4%) Share Price $33.41 Est. Cost/Share $70.21 Unrealized @ Report Date -52.4%

BKLC BNY MELLON ETF TRUST 1.7%

Value $3.813M (-25.9%) Shares 78,033 (+117.6%) Share Price $48.86 Est. Cost/Share $85.40 Unrealized @ Report Date -42.8%

FNDE SCHWAB STRATEGIC TR 3.6%

Value $7.93M (+12.0%) Shares 189,393 (+6.2%) Share Price $41.87 Est. Cost/Share $27.94 Unrealized @ Report Date +49.8%

MSFT MICROSOFT CORP 0.8%

Value $1.827M (+46.7%) Shares 3,562 (+6.7%) Share Price $512.90 Est. Cost/Share $404.11 Unrealized @ Report Date +26.9%

META META PLATFORMS INC 0.2%

Value $402K (+38.8%) Shares 554 (+7.8%) Share Price $725.18 Est. Cost/Share $662.10 Unrealized @ Report Date +9.5%

NVDA NVIDIA CORPORATION 0.3%

Value $680K (+16.6%) Shares 2,978 (+2.2%) Share Price $228.38 Est. Cost/Share $155.63 Unrealized @ Report Date +46.7%

AMZN AMAZON COM INC 0.2%

Value $360K (+11.7%) Shares 1,443 (+6.8%) Share Price $249.15 Est. Cost/Share $229.09 Unrealized @ Report Date +8.8%

TSLA TESLA INC 0.1%

Value $290K (-7.5%) Shares 818 (+9.7%) Share Price $354.81 Est. Cost/Share $359.23 Unrealized @ Report Date -1.2%

DKNG DRAFTKINGS INC NEW 0.1%

Value $257K (-7.2%) Shares 13,537 (+23.4%) Share Price $19.00 Est. Cost/Share $30.49 Unrealized @ Report Date -37.7%

GOOG ALPHABET INC 0.2%

Value $386K (+0.8%) Shares 1,133 (+4.5%) Share Price $340.74 Est. Cost/Share $289.67 Unrealized @ Report Date +17.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FNDA	SCHWAB STRATEGIC TR	1,153,317 (+91.0%)	$40.37M (+75.6%)	18.3%	$35.00	$32.32	+8.3%	FUNDAMENTAL US S	808524763
SCHP	SCHWAB STRATEGIC TR	551,356 (+2025.8%)	$13.86M (+1915.9%)	6.3%	$25.13	$25.93	-3.1%	US TIPS ETF	808524870
SCHO	SCHWAB STRATEGIC TR	544,703 (+1827.1%)	$13M (+1804.8%)	5.9%	$23.86	$24.03	-0.7%	SHT TM US TRES	808524862
FNDX	SCHWAB STRATEGIC TR	960,309 (+55.0%)	$30.22M (+56.9%)	13.7%	$31.47	$26.61	+18.3%	FUNDAMENTAL US L	808524771
FNDF	SCHWAB STRATEGIC TR	193,452 (+2490.4%)	$10.4M (+2539.0%)	4.7%	$53.75	$53.95	-0.4%	FUNDAMENTAL INTL	808524755
SCHI	SCHWAB STRATEGIC TR	251,483 (+2031.4%)	$5.392M (+1918.4%)	2.4%	$21.44	$22.17	-3.3%	5 10YR CORP BD	808524698
BKIE	BNY MELLON ETF TRUST	121,844 (+71.4%)	$4.071M (-43.1%)	1.8%	$33.41	$70.21	-52.4%	INTERNATIONL EQT	09661T404
BKLC	BNY MELLON ETF TRUST	78,033 (+117.6%)	$3.813M (-25.9%)	1.7%	$48.86	$85.40	-42.8%	US LRG CP CORE	09661T107
FNDE	SCHWAB STRATEGIC TR	189,393 (+6.2%)	$7.93M (+12.0%)	3.6%	$41.87	$27.94	+49.8%	FUND EM EQUI ETF	808524730
MSFT	MICROSOFT CORP	3,562 (+6.7%)	$1.827M (+46.7%)	0.8%	$512.90	$404.11	+26.9%	COM	594918104
META	META PLATFORMS INC	554 (+7.8%)	$402K (+38.8%)	0.2%	$725.18	$662.10	+9.5%	CL A	30303M102
NVDA	NVIDIA CORPORATION	2,978 (+2.2%)	$680K (+16.6%)	0.3%	$228.38	$155.63	+46.7%	COM	67066G104
AMZN	AMAZON COM INC	1,443 (+6.8%)	$360K (+11.7%)	0.2%	$249.15	$229.09	+8.8%	COM	023135106
TSLA	TESLA INC	818 (+9.7%)	$290K (-7.5%)	0.1%	$354.81	$359.23	-1.2%	COM	88160R101
DKNG	DRAFTKINGS INC NEW	13,537 (+23.4%)	$257K (-7.2%)	0.1%	$19.00	$30.49	-37.7%	COM CL A	26142V105
GOOG	ALPHABET INC	1,133 (+4.5%)	$386K (+0.8%)	0.2%	$340.74	$289.67	+17.6%	CAP STK CL C	02079K107

Exited Positions (5)

KRE SPDR SERIES TRUST 0.2%

Value $406K Shares 5,419 Share Price $74.85 * Est. Cost/Share $44.72 Unrealized @ Report Date +55.3%

IGV ISHARES TR 0.1%

Value $310K Shares 3,422 Share Price $90.60 * Est. Cost/Share $88.91 Unrealized @ Report Date +19.8%

HYG ISHARES TR 0.1%

Value $217K Shares 2,716 Share Price $79.97 * Est. Cost/Share $74.95 Unrealized @ Report Date +3.0%

GEV GE VERNOVA INC 0.1%

Value $216K Shares 184 Share Price $1174.86 * Est. Cost/Share $1020.67 Unrealized @ Report Date -6.9%

GE GE AEROSPACE 0.1%

Value $207K Shares 554 Share Price $373.73 * Est. Cost/Share $313.08 Unrealized @ Report Date -0.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KRE	SPDR SERIES TRUST	5,419	$406K	0.2%	$74.85 *	$44.72	+55.3%	—	78464A698
IGV	ISHARES TR	3,422	$310K	0.1%	$90.60 *	$88.91	+19.8%	—	464287515
HYG	ISHARES TR	2,716	$217K	0.1%	$79.97 *	$74.95	+3.0%	—	464288513
GEV	GE VERNOVA INC	184	$216K	0.1%	$1174.86 *	$1020.67	-6.9%	—	36828A101
GE	GE AEROSPACE	554	$207K	0.1%	$373.73 *	$313.08	-0.3%	—	369604301

Decreased Positions (17)

RSP INVESCO EXCHANGE TRADED FD T 5.4%

Value $11.85M (-43.8%) Shares 56,977 (-42.5%) Share Price $208.02 Est. Cost/Share $145.27 Unrealized @ Report Date +43.2%

OEF ISHARES TR 5.9%

Value $12.96M (-40.6%) Shares 33,932 (-43.2%) Share Price $382.07 Est. Cost/Share $224.15 Unrealized @ Report Date +70.5%

VEA VANGUARD TAX-MANAGED FDS 4.8%

Value $10.71M (-43.5%) Shares 151,692 (-43.0%) Share Price $70.61 Est. Cost/Share $46.49 Unrealized @ Report Date +51.9%

IGSB ISHARES TR 2.1%

Value $4.543M (-58.4%) Shares 88,688 (-57.5%) Share Price $51.23 Est. Cost/Share $52.78 Unrealized @ Report Date -2.9%

TIP ISHARES TR 2.1%

Value $4.539M (-55.7%) Shares 43,625 (-53.4%) Share Price $104.04 Est. Cost/Share $104.83 Unrealized @ Report Date -0.8%

BKAG BNY MELLON ETF TRUST 1.7%

Value $3.722M (-58.2%) Shares 92,884 (-56.2%) Share Price $40.07 Est. Cost/Share $42.18 Unrealized @ Report Date -5.0%

ILCB ISHARES TR 2.7%

Value $5.933M (-43.2%) Shares 56,151 (-44.3%) Share Price $105.66 Est. Cost/Share $89.07 Unrealized @ Report Date +18.6%

SPHY SPDR SERIES TRUST 1.1%

Value $2.415M (-56.0%) Shares 106,896 (-54.4%) Share Price $22.59 Est. Cost/Share $23.75 Unrealized @ Report Date -4.9%

AOR ISHARES TR 2.0%

Value $4.479M (-25.8%) Shares 65,364 (-24.7%) Share Price $68.52 Est. Cost/Share $51.17 Unrealized @ Report Date +33.9%

AOA ISHARES TR 1.0%

Value $2.271M (-33.6%) Shares 23,350 (-33.4%) Share Price $97.27 Est. Cost/Share $75.95 Unrealized @ Report Date +28.1%

BSV VANGUARD BD INDEX FDS 0.1%

Value $276K (-60.6%) Shares 3,615 (-59.8%) Share Price $76.40 Est. Cost/Share $75.98 Unrealized @ Report Date +0.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.5%

Value $1.036M (-12.3%) Shares 2,081 (-11.8%) Share Price $497.95 Est. Cost/Share $366.80 Unrealized @ Report Date +35.8%

VTI VANGUARD INDEX FDS 0.1%

Value $223K (-38.2%) Shares 596 (-38.9%) Share Price $374.24 Est. Cost/Share $238.60 Unrealized @ Report Date +56.8%

TGT TARGET CORP 0.1%

Value $320K (-29.1%) Shares 2,045 (-40.9%) Share Price $156.69 Est. Cost/Share $111.29 Unrealized @ Report Date +40.8%

AOK ISHARES TR 0.2%

Value $523K (-17.0%) Shares 12,971 (-14.6%) Share Price $40.33 Est. Cost/Share $34.80 Unrealized @ Report Date +15.9%

AOM ISHARES TR 0.3%

Value $573K (-7.0%) Shares 11,747 (-4.8%) Share Price $48.74 Est. Cost/Share $42.02 Unrealized @ Report Date +16.0%

EEM ISHARES TR 0.2%

Value $467K (-7.2%) Shares 6,988 (-4.9%) Share Price $66.79 Est. Cost/Share $39.92 Unrealized @ Report Date +67.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RSP	INVESCO EXCHANGE TRADED FD T	56,977 (-42.5%)	$11.85M (-43.8%)	5.4%	$208.02	$145.27	+43.2%	S&P500 EQL WGT	46137V357
OEF	ISHARES TR	33,932 (-43.2%)	$12.96M (-40.6%)	5.9%	$382.07	$224.15	+70.5%	S&P 100 ETF	464287101
VEA	VANGUARD TAX-MANAGED FDS	151,692 (-43.0%)	$10.71M (-43.5%)	4.8%	$70.61	$46.49	+51.9%	VAN FTSE DEV MKT	921943858
IGSB	ISHARES TR	88,688 (-57.5%)	$4.543M (-58.4%)	2.1%	$51.23	$52.78	-2.9%	ISHS 1-5YR INVS	464288646
TIP	ISHARES TR	43,625 (-53.4%)	$4.539M (-55.7%)	2.1%	$104.04	$104.83	-0.8%	TIPS BD ETF	464287176
BKAG	BNY MELLON ETF TRUST	92,884 (-56.2%)	$3.722M (-58.2%)	1.7%	$40.07	$42.18	-5.0%	CORE BOND ETF	09661T602
ILCB	ISHARES TR	56,151 (-44.3%)	$5.933M (-43.2%)	2.7%	$105.66	$89.07	+18.6%	MORNINGSTR US EQ	464287127
SPHY	SPDR SERIES TRUST	106,896 (-54.4%)	$2.415M (-56.0%)	1.1%	$22.59	$23.75	-4.9%	ST PORT HIGH ETF	78468R606
AOR	ISHARES TR	65,364 (-24.7%)	$4.479M (-25.8%)	2.0%	$68.52	$51.17	+33.9%	CORE 60 BALA ETF	464289867
AOA	ISHARES TR	23,350 (-33.4%)	$2.271M (-33.6%)	1.0%	$97.27	$75.95	+28.1%	CORE 80 20 ETF	464289859
BSV	VANGUARD BD INDEX FDS	3,615 (-59.8%)	$276K (-60.6%)	0.1%	$76.40	$75.98	+0.5%	SHORT TRM BOND	921937827
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,081 (-11.8%)	$1.036M (-12.3%)	0.5%	$497.95	$366.80	+35.8%	CL B NEW	084670702
VTI	VANGUARD INDEX FDS	596 (-38.9%)	$223K (-38.2%)	0.1%	$374.24	$238.60	+56.8%	MRNGSTR TTL STK	922908769
TGT	TARGET CORP	2,045 (-40.9%)	$320K (-29.1%)	0.1%	$156.69	$111.29	+40.8%	COM	87612E106
AOK	ISHARES TR	12,971 (-14.6%)	$523K (-17.0%)	0.2%	$40.33	$34.80	+15.9%	CORE 30 70 ETF	464289883
AOM	ISHARES TR	11,747 (-4.8%)	$573K (-7.0%)	0.3%	$48.74	$42.02	+16.0%	CORE 40 MODE ETF	464289875
EEM	ISHARES TR	6,988 (-4.9%)	$467K (-7.2%)	0.2%	$66.79	$39.92	+67.3%	MSCI EMG MKT ETF	464287234

Unchanged Positions (11)

AAPL APPLE INC 2.0%

Value $4.438M Shares 13,327 Share Price $333.02 Est. Cost/Share $188.54 Unrealized @ Report Date +76.6%

USB US BANCORP 0.9%

Value $1.934M Shares 33,482 Share Price $57.76 Est. Cost/Share $33.10 Unrealized @ Report Date +74.5%

UNH UNITEDHEALTH GROUP INC 0.2%

Value $376K Shares 1,025 Share Price $367.08 Est. Cost/Share $509.10 Unrealized @ Report Date -27.9%

ALRS ALERUS FINL CORP 0.7%

Value $1.588M Shares 50,279 Share Price $31.58 Est. Cost/Share $17.33 Unrealized @ Report Date +82.3%

VOO VANGUARD INDEX FDS 0.5%

Value $1.007M Shares 1,437 Share Price $700.86 Est. Cost/Share $409.40 Unrealized @ Report Date +71.2%

THNQ EXCHANGE TRADED CONCEPTS TRU 0.1%

Value $303K Shares 3,115 Share Price $97.14 Est. Cost/Share $78.20 Unrealized @ Report Date +24.2%

OTTR OTTER TAIL CORP 0.2%

Value $373K Shares 4,238 Share Price $88.04 Est. Cost/Share $72.94 Unrealized @ Report Date +20.7%

IVW ISHARES TR 0.1%

Value $245K Shares 1,720 Share Price $142.26 Est. Cost/Share $132.05 Unrealized @ Report Date +7.7%

ISTB ISHARES TR 0.1%

Value $238K Shares 5,042 Share Price $47.25 Est. Cost/Share $46.69 Unrealized @ Report Date +1.2%

IYG ISHARES TR 0.1%

Value $285K Shares 3,165 Share Price $89.92 Est. Cost/Share $62.11 Unrealized @ Report Date +44.8%

IEFA ISHARES TR 0.1%

Value $274K Shares 2,826 Share Price $96.88 Est. Cost/Share $74.78 Unrealized @ Report Date +29.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAPL	APPLE INC	13,327	$4.438M	2.0%	$333.02	$188.54	+76.6%	COM	037833100
USB	US BANCORP	33,482	$1.934M	0.9%	$57.76	$33.10	+74.5%	COM NEW	902973304
UNH	UNITEDHEALTH GROUP INC	1,025	$376K	0.2%	$367.08	$509.10	-27.9%	COM	91324P102
ALRS	ALERUS FINL CORP	50,279	$1.588M	0.7%	$31.58	$17.33	+82.3%	COM	01446U103
VOO	VANGUARD INDEX FDS	1,437	$1.007M	0.5%	$700.86	$409.40	+71.2%	S&P 500 ETF SHS	922908363
THNQ	EXCHANGE TRADED CONCEPTS TRU	3,115	$303K	0.1%	$97.14	$78.20	+24.2%	ROBO GLB ARTIF	301505731
OTTR	OTTER TAIL CORP	4,238	$373K	0.2%	$88.04	$72.94	+20.7%	COM	689648103
IVW	ISHARES TR	1,720	$245K	0.1%	$142.26	$132.05	+7.7%	S&P 500 GRWT ETF	464287309
ISTB	ISHARES TR	5,042	$238K	0.1%	$47.25	$46.69	+1.2%	CORE 1 5 YR USD	46432F859
IYG	ISHARES TR	3,165	$285K	0.1%	$89.92	$62.11	+44.8%	U.S. FIN SVC ETF	464287770
IEFA	ISHARES TR	2,826	$274K	0.1%	$96.88	$74.78	+29.6%	CORE MSCI EAFE	46432F842