ETF SER SOLUTIONS

Two RIAs dominate: KFG Wealth Management ($19.0M) and Uniting Wealth Partners ($12.6M) together account for roughly 90% of the disclosed book, with Aptus Capital Advisors ($1.1M) a distant third. That concentration is typical of buffer ETFs, which are adopted wholesale by advisors implementing risk-managed equity strategies.

For readers, JULB's 13F profile is an advisory-adoption story: two wealth managers using the buffered product at scale in client portfolios. The signal is model-portfolio allocation rather than conviction in an underlying issuer.