Cosner Financial Group, LLC

The Architecture Is Index Construction, Not Stock Selection

The portfolio's ten largest positions are all iShares ETFs: IMCG (mid-cap growth, $21.5M, 11.8%), ITOT (total U.S. stock market, $19.9M, 10.9%), USIG (investment-grade corporate bonds, $18.7M, 10.3%), IVE (S&P 500 value, $18.3M, 10.1%), IUSV (broad value, $14.3M, 7.9%), IVV (S&P 500 core, $14.0M, 7.7%), IWY (Russell 2000 growth, $13.0M, 7.1%), IUSG (S&P 500 growth, $12.1M, 6.6%), AGG (aggregate bonds, $10.6M, 5.8%), and IVW (S&P 500 growth, $8.5M, 4.7%). The equity side alone spans large-cap value, large-cap growth, mid-cap growth, broad total-market, and Russell 2000 growth — a full U.S. equity factor mosaic delivered through ETF wrappers rather than individual names. The fixed-income sleeve covers aggregate bonds, short-term investment-grade, high-yield, emerging-markets corporates, munis (SUB), and Treasuries (GOVT). None of this requires manager-specific research to construct; it requires an iShares account and a target allocation.