The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
FRANKLIN BSP REALTY TRUS COM 35243J101 167 14,291 SH   DFND   0 14,291 0
BRIGHTSPIRE CAPITAL INC CLASS A COM 10949T109 111 16,197 SH   DFND   0 16,197 0
THE NECESSITY RETAIL REICLASS A COM 02607T109 149 23,853 SH   DFND   0 23,853 0
SCHWAB FUNDAMENTAL US LARGE CO ETF ETF 808524771 209 4,135 SH   DFND   0 4,135 0
MAIN STREET CAPITAL COM 56035L104 256 7,183 SH   DFND   0 7,183 0
FS KKR CAPITAL CORP COM 302635206 260 14,210 SH   DFND   0 14,210 0
GLOBAL NET LEASE INCORPO COM 379378201 263 23,120 SH   DFND   0 23,120 0
FIDELITY LOW VOLATILITY FACTR ETF ETF 316092824 272 6,182 SH   DFND   0 6,182 0
VANGUARD S&P 500 ETF ETF 922908363 284 822 SH   DFND   0 822 0
ISHARES US UTILITIES ETF ETF 464287697 286 3,367 SH   DFND   0 3,367 0
COSTAR GROUP INC COM 22160N109 297 4,000 SH   DFND   0 4,000 0
ISHARES US INDUSTRIALS ETF ETF 464287754 337 3,795 SH   DFND   0 3,795 0
SOUTHWEST AIRLINES COM 844741108 345 10,507 SH   DFND   0 10,507 0
INVSC S P 500 EQUAL WGHTENRGY ETF ETF 46137V365 354 5,346 SH   DFND   0 5,346 0
VANGUARD HEALTH CARE ETF ETF 92204A504 412 1,773 SH   DFND   0 1,773 0
SPDR FUND CONSUMER STAPLES ETF ETF 81369Y308 456 6,615 SH   DFND   0 6,615 0
REALTY INCOME CORP DISCOREIT COM 756109104 472 7,761 SH   DFND   0 7,761 0
ISHARES DOW JONES US ETF ETF 464287846 539 5,833 SH   DFND   0 5,833 0
ISHARES TOTAL US STOCK MARKET ETF ETF 464287150 553 6,604 SH   DFND   0 6,604 0
ISHARES S&P SMALL CAP 600 ETF ETF 464287879 572 6,562 SH   DFND   0 6,562 0
APPLE INC COM 037833100 592 4,057 SH   DFND   0 4,057 0
INVESCO S P 500 REVENUE ETF ETF 46138G698 648 9,149 SH   DFND   0 9,149 0
ISHARES SELECT DIVIDEND ETF ETF 464287168 686 6,084 SH   DFND   0 6,084 0
SPDR S&P GLOBAL NATURAL RESOURCS ETF ETF 78463X541 762 14,401 SH   DFND   0 14,401 0
PROSHARES S&P 500 DIV ARISTOCRAT ETF ETF 74348A467 770 9,166 SH   DFND   0 9,166 0
ISHARES US REAL ESTATE ETF ETF 464287739 872 10,259 SH   DFND   0 10,259 0
ISHARES US BASIC MATERIALS ETF ETF 464287838 876 7,594 SH   DFND   0 7,594 0
ISHARES CORE S&P 500 ETF ETF 464287200 958 2,537 SH   DFND   0 2,537 0
ISHARES S&P MID CAP 400 VALUE ETF ETF 464287705 965 10,150 SH   DFND   0 10,150 0
ISHARES S&P 500 VALUE ETF ETF 464287408 1,164 8,615 SH   DFND   0 8,615 0
ISHARES U S CONSUMER STAPLES ETF ETF 464287812 1,242 6,679 SH   DFND   0 6,679 0
PHILLIPS EDISON & CO INC COM 71844V201 1,399 47,301 SH   DFND   0 47,301 0
SCHWAB SHORT TERM US TREASURY ETF ETF 808524862 1,478 30,578 SH   DFND   0 30,578 0
VANGUARD UTILITIES ETF ETF 92204A876 1,497 10,026 SH   DFND   0 10,026 0
SCHWAB US LARGE CAP VALUE ETF ETF 808524409 1,709 27,741 SH   DFND   0 27,741 0
INVSC SP 500 EQUAL WEIGHT UTILTS ETF ETF 46137V274 1,872 16,695 SH   DFND   0 16,695 0
ISHARES US HEALTHCARE ETF ETF 464287762 1,924 7,330 SH   DFND   0 7,330 0
SCHWAB US DIVIDEND EQUITY ETF ETF 808524797 2,170 31,132 SH   DFND   0 31,132 0
VANGUARD VALUE ETF ETF 922908744 2,426 18,721 SH   DFND   0 18,721 0
SPDR S&P 500 ETF ETF 78462F103 2,602 6,916 SH   DFND   0 6,916 0
SCHWAB US LARGE CAP ETF ETF 808524201 2,777 62,260 SH   DFND   0 62,260 0
SCHWAB US BROAD MARKET ETF ETF 808524102 4,536 102,486 SH   DFND   0 102,486 0