Alliance Wealth Management Group

Alliance Wealth Management Group's $461M, 97-name 13F is a compact multi-ETF allocation framework whose top positions — Schwab U.S. Large-Cap ETF (SCHX, 12.2%), iShares Core S&P 500 (IVV, 7.8%), iShares High Yield Corporate Bond (HYG, 5.2%), Schwagg U.S. Total Bond Market (SCHZ, 5.2%), iShares Investment Grade Corporate Bond (LQD, 4.4%), and Schwab International Equity (SCHF, 4.3%) — establish a complete asset-allocation base across U.S. large-cap equity, U.S. investment-grade credit, high-yield credit, and developed-markets equity. Of the 97 total holdings, the ETF layer occupies the top six positions and likely accounts for the majority of AUM. The three Q1 initiations — PCY (Invesco Emerging Markets Sovereign Bond ETF), QQQ (Nasdaq-100), and MRK (Merck) — span emerging-market credit, large-cap growth equity, and a single healthcare position; the grouping confirms that Q1 changes were infrastructure adjustments within the ETF model rather than fundamental stock-picking. With single-stock positions held at de minimis weights below the ETF layer and whaleScore of 54.50 reflecting $461M in a compact structure, this fund is best classified passive_index.