Broadview Financial Management, LLC Concentrated Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD S&P 500 ETF	1,522 (+11.4%)	$954 (+14.1%)	0.6%	$387.33	—	ETF	922908363
IYR	ISHARES US REAL ESTATE ETF	20,680 (+10.1%)	$1,942 (+6.5%)	1.3%	$83.04	—	ETF	464287739
BND	VANGUARD TOTAL BOND MARKET ETF	152,169 (+1.2%)	$11,271 (+0.8%)	7.5%	$73.46	—	ETF	921937835
SCHF	SCHWAB INTERNATIONAL EQUITY ETF	32,045 (+2.9%)	$770 (+6.2%)	0.5%	$25.20	—	ETF	808524805
IXUS	ISHARES TRUST CORE MSCI TOTAL INTL STK ETF	12,006 (+1.9%)	$1,016 (+4.4%)	0.7%	$63.46	—	ETF	46432F834
VNQ	VANGUARD REIT INDEX ETF	29,363 (+2.2%)	$2,598 (-1.1%)	1.7%	$82.50	—	ETF	922908553
IWN	ISHARES RUSSELL 2000 VALUE	3,013 (+1.2%)	$546 (+3.8%)	0.4%	$99.64	—	ETF	464287630
QQQ	POWERSHARES QQQ TR	465 (+4.7%)	$285 (+7.2%)	0.2%	$380.47	—	ETF	46090E103
SPEM	STATE STREET SPDR PORTFOLIO EMERGING MARKETS ETF	16,126 (+1.2%)	$755 (+1.2%)	0.5%	$35.18	—	ETF	78463X509
JNK	STATE STREET SPDR BLOOMBERG HIGH YIELD BOND ETF	2,538 (+1.0%)	$247 (+0.2%)	0.2%	$94.83	—	ETF	78468R622

Decreased Positions (11)

IEMG ISHARES CORE MSCI EMERGING MKTS 5.6%

Value ($000) $8,318 (-7.3%) Shares 123,739 (-9.1%) Est. Cost $55.13 Unrealized —

IVV ISHARES S&P 500 INDEX 10.8%

Value ($000) $16,125 (+1.2%) Shares 23,543 (-1.1%) Est. Cost $281.24 Unrealized —

IEFA ISHARES CORE MSCI EAFE 15.8%

Value ($000) $23,571 (+0.8%) Shares 263,482 (-1.6%) Est. Cost $65.02 Unrealized —

FELC FIDELITY ENHANCED LARGE CAP CORE ETF 0.7%

Value ($000) $998 (-14.2%) Shares 26,147 (-16.2%) Est. Cost $27.14 Unrealized —

IVE ISHARES S&P 500 VALUE ETF 7.4%

Value ($000) $11,008 (+1.2%) Shares 51,906 (-1.4%) Est. Cost $118.10 Unrealized —

SCHE SCHWAB EMERGING MARKETS EQUITY ETF 0.6%

Value ($000) $887 (-7.7%) Shares 27,085 (-5.9%) Est. Cost $25.29 Unrealized —

MUB ISHARES NATIONAL MUNI BOND ETF 0.2%

Value ($000) $351 (-16.0%) Shares 3,273 (-16.4%) Est. Cost $104.48 Unrealized —

IJS ISHARES S&P SMALLCAP 600 VALUE ETF 2.2%

Value ($000) $3,359 (+1.2%) Shares 29,538 (-1.6%) Est. Cost $119.04 Unrealized —

IWF ISHARES RUSSELL 1000 GROWTH ETF 1.3%

Value ($000) $1,999 (-0.6%) Shares 4,223 (-1.6%) Est. Cost $136.11 Unrealized —

SCHA SCHWAB U.S. SMALL-CAP ETF 0.1%

Value ($000) $204 (+0.8%) Shares 7,146 (-1.3%) Est. Cost $27.90 Unrealized —

MDYV STATE STREET SPDR S&P 400 MID CAP VALUE ETF 0.5%

Value ($000) $716 (-0.1%) Shares 8,458 (-1.6%) Est. Cost $59.77 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IEMG	ISHARES CORE MSCI EMERGING MKTS	123,739 (-9.1%)	$8,318 (-7.3%)	5.6%	$55.13	—	ETF	46434G103
IVV	ISHARES S&P 500 INDEX	23,543 (-1.1%)	$16,125 (+1.2%)	10.8%	$281.24	—	ETF	464287200
IEFA	ISHARES CORE MSCI EAFE	263,482 (-1.6%)	$23,571 (+0.8%)	15.8%	$65.02	—	ETF	46432F842
FELC	FIDELITY ENHANCED LARGE CAP CORE ETF	26,147 (-16.2%)	$998 (-14.2%)	0.7%	$27.14	—	ETF	316092113
IVE	ISHARES S&P 500 VALUE ETF	51,906 (-1.4%)	$11,008 (+1.2%)	7.4%	$118.10	—	ETF	464287408
SCHE	SCHWAB EMERGING MARKETS EQUITY ETF	27,085 (-5.9%)	$887 (-7.7%)	0.6%	$25.29	—	ETF	808524706
MUB	ISHARES NATIONAL MUNI BOND ETF	3,273 (-16.4%)	$351 (-16.0%)	0.2%	$104.48	—	ETF	464288414
IJS	ISHARES S&P SMALLCAP 600 VALUE ETF	29,538 (-1.6%)	$3,359 (+1.2%)	2.2%	$119.04	—	ETF	464287879
IWF	ISHARES RUSSELL 1000 GROWTH ETF	4,223 (-1.6%)	$1,999 (-0.6%)	1.3%	$136.11	—	ETF	464287614
SCHA	SCHWAB U.S. SMALL-CAP ETF	7,146 (-1.3%)	$204 (+0.8%)	0.1%	$27.90	—	ETF	808524607
MDYV	STATE STREET SPDR S&P 400 MID CAP VALUE ETF	8,458 (-1.6%)	$716 (-0.1%)	0.5%	$59.77	—	ETF	78464A839

Unchanged Positions (20)

VEA VANGUARD FTSE DEVELOPED MARKETS ETF 4.3%

Value ($000) $6,437 Shares 103,043 Est. Cost $37.74 Unrealized —

IVW ISHARES S&P 500 GROWTH ETF 7.3%

Value ($000) $10,964 Shares 88,953 Est. Cost $86.96 Unrealized —

IWD ISHARES RUSSELL 1000 VALUE ETF 3.3%

Value ($000) $4,943 Shares 23,500 Est. Cost $119.34 Unrealized —

IJJ ISHARES S&P MIDCAP 400 VALUE ETF 3.9%

Value ($000) $5,847 Shares 44,432 Est. Cost $120.08 Unrealized —

IJK ISHARES S&P MID-CAP 400 GROWTH ETF 6.1%

Value ($000) $9,080 Shares 93,720 Est. Cost $108.96 Unrealized —

SCHG SCHWAB U.S. LARGE-CAP GROWTH ETF 2.5%

Value ($000) $3,673 Shares 112,594 Est. Cost $39.81 Unrealized —

SCHV SCHWAB U.S. LARGE-CAP VALUE ETF 1.8%

Value ($000) $2,686 Shares 90,704 Est. Cost $35.67 Unrealized —

SCHX SCHWAB U.S. LARGE-CAP ETF 2.3%

Value ($000) $3,382 Shares 125,690 Est. Cost $35.65 Unrealized —

IWB ISHARES RUSSELL 1000 ETF 1.6%

Value ($000) $2,371 Shares 6,348 Est. Cost $174.30 Unrealized —

IJH ISHARES CORE S&P MID CAP ETF 1.6%

Value ($000) $2,357 Shares 35,712 Est. Cost $86.96 Unrealized —

IJT ISHARES S&P SMALL-CAP 600 GROWTH ETF 1.8%

Value ($000) $2,746 Shares 19,455 Est. Cost $141.82 Unrealized —

IWM ISHARES RUSSELL 2000 ETF 0.7%

Value ($000) $986 Shares 4,007 Est. Cost $144.08 Unrealized —

IWS ISHARES RUSSELL MIDCAP VALUE INDEX 1.0%

Value ($000) $1,479 Shares 10,484 Est. Cost $85.17 Unrealized —

MDYG STATE STREET SPDR S&P 400 MID CAP GROWTH ETF 1.0%

Value ($000) $1,469 Shares 15,891 Est. Cost $67.24 Unrealized —

SCHB SCHWAB U.S. BROAD MARKET ETF 0.3%

Value ($000) $403 Shares 15,368 Est. Cost $39.14 Unrealized —

IJR ISHARES S&P SMALLCAP 600 ETF 0.8%

Value ($000) $1,180 Shares 9,817 Est. Cost $88.46 Unrealized —

SPY STATE STREET SPDR S&P 500 ETF 0.2%

Value ($000) $226 Shares 332 Est. Cost $618.41 Unrealized —

MDY STATE STREET SPDR S&P MIDCAP 400 ETF TRUST 0.4%

Value ($000) $595 Shares 986 Est. Cost $344.59 Unrealized —

IWR ISHARES TR RUSSELL MIDCAP INDEX FD 0.3%

Value ($000) $447 Shares 4,648 Est. Cost $47.18 Unrealized —

VXF VANGUARD EXTENDED MARKET ETF 0.2%

Value ($000) $250 Shares 1,193 Est. Cost $174.71 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEA	VANGUARD FTSE DEVELOPED MARKETS ETF	103,043	$6,437	4.3%	$37.74	—	ETF	921943858
IVW	ISHARES S&P 500 GROWTH ETF	88,953	$10,964	7.3%	$86.96	—	ETF	464287309
IWD	ISHARES RUSSELL 1000 VALUE ETF	23,500	$4,943	3.3%	$119.34	—	ETF	464287598
IJJ	ISHARES S&P MIDCAP 400 VALUE ETF	44,432	$5,847	3.9%	$120.08	—	ETF	464287705
IJK	ISHARES S&P MID-CAP 400 GROWTH ETF	93,720	$9,080	6.1%	$108.96	—	ETF	464287606
SCHG	SCHWAB U.S. LARGE-CAP GROWTH ETF	112,594	$3,673	2.5%	$39.81	—	ETF	808524300
SCHV	SCHWAB U.S. LARGE-CAP VALUE ETF	90,704	$2,686	1.8%	$35.67	—	ETF	808524409
SCHX	SCHWAB U.S. LARGE-CAP ETF	125,690	$3,382	2.3%	$35.65	—	ETF	808524201
IWB	ISHARES RUSSELL 1000 ETF	6,348	$2,371	1.6%	$174.30	—	ETF	464287622
IJH	ISHARES CORE S&P MID CAP ETF	35,712	$2,357	1.6%	$86.96	—	ETF	464287507
IJT	ISHARES S&P SMALL-CAP 600 GROWTH ETF	19,455	$2,746	1.8%	$141.82	—	ETF	464287887
IWM	ISHARES RUSSELL 2000 ETF	4,007	$986	0.7%	$144.08	—	ETF	464287655
IWS	ISHARES RUSSELL MIDCAP VALUE INDEX	10,484	$1,479	1.0%	$85.17	—	ETF	464287473
MDYG	STATE STREET SPDR S&P 400 MID CAP GROWTH ETF	15,891	$1,469	1.0%	$67.24	—	ETF	78464A821
SCHB	SCHWAB U.S. BROAD MARKET ETF	15,368	$403	0.3%	$39.14	—	ETF	808524102
IJR	ISHARES S&P SMALLCAP 600 ETF	9,817	$1,180	0.8%	$88.46	—	ETF	464287804
SPY	STATE STREET SPDR S&P 500 ETF	332	$226	0.2%	$618.41	—	ETF	78462F103
MDY	STATE STREET SPDR S&P MIDCAP 400 ETF TRUST	986	$595	0.4%	$344.59	—	ETF	78467Y107
IWR	ISHARES TR RUSSELL MIDCAP INDEX FD	4,648	$447	0.3%	$47.18	—	ETF	464287499
VXF	VANGUARD EXTENDED MARKET ETF	1,193	$250	0.2%	$174.71	—	ETF	922908652