Marshall Financial 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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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
ADOBE INC	COM	00724F101	2,180,842	4,277	SH		SOLE		0	0	4,277
ADVANCED MICRO DEVICES INC	COM	007903107	1,065,455	10,362	SH		SOLE		0	0	10,362
AGILENT TECHNOLOGIES INC	COM	00846U101	679,866	6,080	SH		SOLE		0	0	6,080
ALIGN TECHNOLOGY INC	COM	016255101	203,343	666	SH		SOLE		0	0	666
ALPHABET INC	CAP STK CL A	02079K305	429,875	3,285	SH		SOLE		0	0	3,285
ALPHABET INC	CAP STK CL C	02079K107	3,787,128	28,723	SH		SOLE		0	0	28,723
AMAZON COM INC	COM	023135106	867,340	6,823	SH		SOLE		0	0	6,823
AMETEK INC	COM	031100100	890,075	6,024	SH		SOLE		0	0	6,024
AMGEN INC	COM	031162100	898,196	3,342	SH		SOLE		0	0	3,342
AMPHENOL CORP NEW	CL A	032095101	701,233	8,349	SH		SOLE		0	0	8,349
APPLE INC	COM	037833100	8,749,421	51,103	SH		SOLE		0	0	51,103
ARISTA NETWORKS INC	COM	040413106	353,697	1,923	SH		SOLE		0	0	1,923
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	937,735	1,593	SH		SOLE		0	0	1,593
AT&T INC	COM	00206R102	214,496	14,281	SH		SOLE		0	0	14,281
AUTODESK INC	COM	052769106	686,941	3,320	SH		SOLE		0	0	3,320
AUTOMATIC DATA PROCESSING IN	COM	053015103	1,839,690	7,647	SH		SOLE		0	0	7,647
BANK AMERICA CORP	COM	060505104	607,781	22,198	SH		SOLE		0	0	22,198
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	883,807	2,523	SH		SOLE		0	0	2,523
BLACKSTONE INC	COM	09260D107	359,455	3,355	SH		SOLE		0	0	3,355
BROADCOM INC	COM	11135F101	2,262,785	2,724	SH		SOLE		0	0	2,724
BROWN FORMAN CORP	CL B	115637209	686,989	11,908	SH		SOLE		0	0	11,908
CADENCE DESIGN SYSTEM INC	COM	127387108	1,090,432	4,654	SH		SOLE		0	0	4,654
CANADIAN NATL RY CO	COM	136375102	783,551	7,233	SH		SOLE		0	0	7,233
CINTAS CORP	COM	172908105	927,868	1,929	SH		SOLE		0	0	1,929
CIRRUS LOGIC INC	COM	172755100	491,168	6,641	SH		SOLE		0	0	6,641
CISCO SYS INC	COM	17275R102	226,808	4,219	SH		SOLE		0	0	4,219
COCA COLA CO	COM	191216100	1,844,670	32,952	SH		SOLE		0	0	32,952
COMMERCE BANCSHARES INC	COM	200525103	543,613	11,330	SH		SOLE		0	0	11,330
CONSOLIDATED EDISON INC	COM	209115104	1,993,711	23,310	SH		SOLE		0	0	23,310
CONSTELLATION ENERGY CORP	COM	21037T109	691,894	6,343	SH		SOLE		0	0	6,343
COPART INC	COM	217204106	1,142,919	26,524	SH		SOLE		0	0	26,524
CORNERSTONE STRATEGIC VALUE	COM	21924B302	80,500	10,000	SH		SOLE		0	0	10,000
CSX CORP	COM	126408103	1,721,729	55,991	SH		SOLE		0	0	55,991
DIGITAL RLTY TR INC	COM	253868103	2,330,462	19,257	SH		SOLE		0	0	19,257
DIMENSIONAL ETF TRUST	US CORE EQT MKT	25434V104	2,510,589	83,826	SH		SOLE		0	0	83,826
DIMENSIONAL ETF TRUST	EMGR CRE EQT MNG	25434V302	714,702	31,666	SH		SOLE		0	0	31,666
DIMENSIONAL ETF TRUST	INTL CORE EQT MK	25434V203	1,772,373	67,881	SH		SOLE		0	0	67,881
DIODES INC	COM	254543101	583,101	7,396	SH		SOLE		0	0	7,396
DUKE ENERGY CORP NEW	COM NEW	26441C204	1,945,341	22,041	SH		SOLE		0	0	22,041
EATON CORP PLC	SHS	G29183103	568,818	2,667	SH		SOLE		0	0	2,667
EATON VANCE RISK-MANAGED DIV	COM	27829G106	157,194	20,468	SH		SOLE		0	0	20,468
ELI LILLY & CO	COM	532457108	2,887,286	5,375	SH		SOLE		0	0	5,375
EQUITY LIFESTYLE PPTYS INC	COM	29472R108	777,708	12,207	SH		SOLE		0	0	12,207
EXELON CORP	COM	30161N101	679,237	17,974	SH		SOLE		0	0	17,974
EXTRA SPACE STORAGE INC	COM	30225T102	623,949	5,132	SH		SOLE		0	0	5,132
EXXON MOBIL CORP	COM	30231G102	346,038	2,943	SH		SOLE		0	0	2,943
FACTSET RESH SYS INC	COM	303075105	1,025,375	2,345	SH		SOLE		0	0	2,345
FERRARI N V	COM	N3167Y103	686,244	2,322	SH		SOLE		0	0	2,322
FIRST TR EXCH TRADED FD III	INSTL PFD SECS	33739P855	3,800,836	225,168	SH		SOLE		0	0	225,168
FIRST TR EXCHANGE-TRADED FD	CBOE VEST RISING	33738D879	343,188	16,288	SH		SOLE		0	0	16,288
FIRST TR EXCHANGE-TRADED FD	LNG DUR OPRTUN	33738D606	9,839,546	485,185	SH		SOLE		0	0	485,185
FIRST TR EXCHANGE-TRADED FD	MNGD FUTRS STRGY	33739G103	7,855,647	160,373	SH		SOLE		0	0	160,373
FIRST TR EXCHNG TRADED FD VI	US EQT BUFFER	33740F763	1,424,056	36,533	SH		SOLE		0	0	36,533
FIRST TR EXCHNG TRADED FD VI	FT CBOE VEST BFR	33740F623	878,738	24,075	SH		SOLE		0	0	24,075
FIRST TR EXCHNG TRADED FD VI	CBOE VEST BUFERD	33740U760	2,130,537	108,204	SH		SOLE		0	0	108,204
FIRST TR EXCHNG TRADED FD VI	VEST US BUFFER	33740F862	225,401	6,030	SH		SOLE		0	0	6,030
FLEXSHARES TR	CR SCORED LONG	33939L753	239,976	6,012	SH		SOLE		0	0	6,012
FS CREDIT OPPORTUNITIES CORP	COMMON STOCK	30290Y101	59,365	10,953	SH		SOLE		0	0	10,953
GAMING & LEISURE PPTYS INC	COM	36467J108	724,928	15,915	SH		SOLE		0	0	15,915
GARMIN LTD	SHS	H2906T109	1,465,331	13,929	SH		SOLE		0	0	13,929
GENERAL MLS INC	COM	370334104	636,613	9,949	SH		SOLE		0	0	9,949
GENTEX CORP	COM	371901109	826,783	25,408	SH		SOLE		0	0	25,408
GSK PLC	SPONSORED ADR	37733W204	1,435,645	39,604	SH		SOLE		0	0	39,604
HARTFORD FDS EXCHANGE TRADED	TOTAL RTRN ETF	41653L305	24,089,452	750,684	SH		SOLE		0	0	750,684
HENRY JACK & ASSOC INC	COM	426281101	801,062	5,300	SH		SOLE		0	0	5,300
HERSHEY CO	COM	427866108	792,224	3,960	SH		SOLE		0	0	3,960
HOME DEPOT INC	COM	437076102	773,161	2,559	SH		SOLE		0	0	2,559
IDEX CORP	COM	45167R104	797,955	3,836	SH		SOLE		0	0	3,836
IDEXX LABS INC	COM	45168D104	589,877	1,349	SH		SOLE		0	0	1,349
ILLINOIS TOOL WKS INC	COM	452308109	277,293	1,204	SH		SOLE		0	0	1,204
INFOSYS LTD	SPONSORED ADR	456788108	887,256	51,856	SH		SOLE		0	0	51,856
INVESCO EXCH TRADED FD TR II	NASDAQ 100 ETF	46138G649	528,170	3,583	SH		SOLE		0	0	3,583
INVESCO EXCH TRADED FD TR II	S&P MDCP 400 REV	46138G672	701,366	7,475	SH		SOLE		0	0	7,475
INVESCO EXCH TRADED FD TR II	S&P SMALLCAP 600	46138G664	490,684	13,473	SH		SOLE		0	0	13,473
INVESCO EXCH TRADED FD TR II	PFD ETF	46138E511	216,153	19,740	SH		SOLE		0	0	19,740
INVESCO EXCH TRADED FD TR II	S&P 500 REVENUE	46138G698	540,707	6,920	SH		SOLE		0	0	6,920
INVESCO EXCHANGE TRADED FD T	S&P SMCP VLU MNT	46137V480	3,230,672	67,096	SH		SOLE		0	0	67,096
INVESCO EXCHANGE TRADED FD T	BUYBACK ACHIEV	46137V308	324,342	3,605	SH		SOLE		0	0	3,605
INVESCO QQQ TR	UNIT SER 1	46090E103	4,666,202	13,024	SH		SOLE		0	0	13,024
ISHARES INC	MSCI EMRG CHN	46434G764	6,039,595	121,204	SH		SOLE		0	0	121,204
ISHARES TR	RUSSELL 2000 ETF	464287655	264,933	1,499	SH		SOLE		0	0	1,499
ISHARES TR	ESG AWRE USD ETF	46435G193	378,002	17,371	SH		SOLE		0	0	17,371
ISHARES TR	MRGSTR MD CP ETF	464288208	1,726,316	28,902	SH		SOLE		0	0	28,902
ISHARES TR	CORE DIV GRWTH	46434V621	2,834,404	57,226	SH		SOLE		0	0	57,226
ISHARES TR	US HLTHCARE ETF	464287762	217,354	805	SH		SOLE		0	0	805
ISHARES TR	ESG AWRE 1 5 YR	46435G243	332,344	13,982	SH		SOLE		0	0	13,982
ISHARES TR	EAFE SML CP ETF	464288273	493,717	8,743	SH		SOLE		0	0	8,743
ISHARES TR	MSCI INTL QUALTY	46434V456	6,837,081	203,424	SH		SOLE		0	0	203,424
ISHARES TR	CORE S&P500 ETF	464287200	972,659	2,265	SH		SOLE		0	0	2,265
JANUS DETROIT STR TR	HENDRSON AAA CL	47103U845	5,836,562	115,966	SH		SOLE		0	0	115,966
JOHNSON & JOHNSON	COM	478160104	2,351,994	15,101	SH		SOLE		0	0	15,101
JPMORGAN CHASE & CO	COM	46625H100	377,761	2,605	SH		SOLE		0	0	2,605
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	647,922	4,897	SH		SOLE		0	0	4,897
KLA CORP	COM NEW	482480100	1,116,608	2,435	SH		SOLE		0	0	2,435
KROGER CO	COM	501044101	1,916,159	42,819	SH		SOLE		0	0	42,819
LAM RESEARCH CORP	COM	512807108	2,220,239	3,542	SH		SOLE		0	0	3,542
LOCKHEED MARTIN CORP	COM	539830109	267,460	654	SH		SOLE		0	0	654
MARRIOTT INTL INC NEW	CL A	571903202	918,454	4,673	SH		SOLE		0	0	4,673
MASTERCARD INCORPORATED	CL A	57636Q104	1,474,409	3,724	SH		SOLE		0	0	3,724
MCCORMICK & CO INC	COM NON VTG	579780206	1,778,145	23,508	SH		SOLE		0	0	23,508
MCDONALDS CORP	COM	580135101	2,256,439	8,565	SH		SOLE		0	0	8,565
MERCK & CO INC	COM	58933Y105	1,647,569	16,004	SH		SOLE		0	0	16,004
META PLATFORMS INC	CL A	30303M102	829,780	2,764	SH		SOLE		0	0	2,764
MICROSOFT CORP	COM	594918104	2,973,917	9,419	SH		SOLE		0	0	9,419
MONDELEZ INTL INC	CL A	609207105	385,101	5,549	SH		SOLE		0	0	5,549
MONOLITHIC PWR SYS INC	COM	609839105	210,210	455	SH		SOLE		0	0	455
MOODYS CORP	COM	615369105	404,785	1,280	SH		SOLE		0	0	1,280
NASDAQ INC	COM	631103108	724,477	14,910	SH		SOLE		0	0	14,910
NORDSON CORP	COM	655663102	730,659	3,274	SH		SOLE		0	0	3,274
NORFOLK SOUTHN CORP	COM	655844108	721,158	3,662	SH		SOLE		0	0	3,662
NOVO-NORDISK A S	ADR	670100205	1,264,521	13,905	SH		SOLE		0	0	13,905
NUSHARES ETF TR	NUVEEN ESG MIDCP	67092P409	219,044	5,975	SH		SOLE		0	0	5,975
NVIDIA CORPORATION	COM	67066G104	4,626,432	10,636	SH		SOLE		0	0	10,636
OLD DOMINION FREIGHT LINE IN	COM	679580100	1,965,358	4,804	SH		SOLE		0	0	4,804
PAMPA ENERGIA S A	SPONS ADR LVL I	697660207	744,996	19,941	SH		SOLE		0	0	19,941
PAYCHEX INC	COM	704326107	992,651	8,607	SH		SOLE		0	0	8,607
PAYCOM SOFTWARE INC	COM	70432V102	716,882	2,765	SH		SOLE		0	0	2,765
PFIZER INC	COM	717081103	406,432	12,253	SH		SOLE		0	0	12,253
PROCTER AND GAMBLE CO	COM	742718109	3,512,259	24,080	SH		SOLE		0	0	24,080
PROSHARES TR	PSHS ULT S&P 500	74347R107	651,183	12,199	SH		SOLE		0	0	12,199
PUBLIC STORAGE	COM	74460D109	1,715,186	6,509	SH		SOLE		0	0	6,509
QUALCOMM INC	COM	747525103	1,455,306	13,104	SH		SOLE		0	0	13,104
RANGE RES CORP	COM	75281A109	826,390	25,498	SH		SOLE		0	0	25,498
REGENERON PHARMACEUTICALS	COM	75886F107	708,569	861	SH		SOLE		0	0	861
RELX PLC	SPONSORED ADR	759530108	923,414	27,401	SH		SOLE		0	0	27,401
RESTAURANT BRANDS INTL INC	COM	76131D103	1,411,678	21,190	SH		SOLE		0	0	21,190
S&P GLOBAL INC	COM	78409V104	963,586	2,637	SH		SOLE		0	0	2,637
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	7,129,203	225,109	SH		SOLE		0	0	225,109
SCHWAB STRATEGIC TR	INT-TRM U.S TRES	808524854	10,497,093	218,963	SH		SOLE		0	0	218,963
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	558,159	16,436	SH		SOLE		0	0	16,436
SIMPSON MFG INC	COM	829073105	1,740,493	11,618	SH		SOLE		0	0	11,618
SKYLINE CHAMPION CORPORATION	COM	830830105	607,252	9,530	SH		SOLE		0	0	9,530
SKYWORKS SOLUTIONS INC	COM	83088M102	750,429	7,612	SH		SOLE		0	0	7,612
SMUCKER J M CO	COM NEW	832696405	1,780,696	14,488	SH		SOLE		0	0	14,488
SPDR DOW JONES INDL AVERAGE	UT SER 1	78467X109	217,718	650	SH		SOLE		0	0	650
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,361,380	3,185	SH		SOLE		0	0	3,185
SPDR SER TR	PORTFOLIO SH TSR	78468R101	576,232	20,064	SH		SOLE		0	0	20,064
SPDR SER TR	S&P 500 ESG ETF	78468R531	314,218	7,573	SH		SOLE		0	0	7,573
SPDR SER TR	SSGA US SMAL ETF	78468R887	928,770	9,391	SH		SOLE		0	0	9,391
SPDR SER TR	RUSSELL LOW VOL	78468R754	1,235,683	11,782	SH		SOLE		0	0	11,782
SPDR SER TR	S&P DIVID ETF	78464A763	245,086	2,131	SH		SOLE		0	0	2,131
SSGA ACTIVE ETF TR	SPDR TR TACTIC	78467V848	965,932	24,992	SH		SOLE		0	0	24,992
SSGA ACTIVE ETF TR	BLACKSTONE SENR	78467V608	426,251	10,166	SH		SOLE		0	0	10,166
SSGA ACTIVE TR	SPDR BLACKSTONE	78470P846	422,544	15,329	SH		SOLE		0	0	15,329
TERADYNE INC	COM	880770102	819,236	8,155	SH		SOLE		0	0	8,155
TESLA INC	COM	88160R101	2,414,873	9,651	SH		SOLE		0	0	9,651
TEXAS INSTRS INC	COM	882508104	841,799	5,294	SH		SOLE		0	0	5,294
UNION PAC CORP	COM	907818108	947,898	4,655	SH		SOLE		0	0	4,655
UNITED PARCEL SERVICE INC	CL B	911312106	286,957	1,841	SH		SOLE		0	0	1,841
VANGUARD ADMIRAL FDS INC	500 VAL IDX FD	921932703	521,896	3,510	SH		SOLE		0	0	3,510
VANGUARD INDEX FDS	SMALL CP ETF	922908751	2,233,728	11,814	SH		SOLE		0	0	11,814
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	790,520	20,161	SH		SOLE		0	0	20,161
VANGUARD INTL EQUITY INDEX F	FTSE SMCAP ETF	922042718	357,894	3,370	SH		SOLE		0	0	3,370
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	15,078,704	200,648	SH		SOLE		0	0	200,648
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	4,026,072	26,510	SH		SOLE		0	0	26,510
VANGUARD WORLD FD	EXTENDED DUR	921910709	4,747,630	67,794	SH		SOLE		0	0	67,794
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	271,877	3,385	SH		SOLE		0	0	3,385
VERISK ANALYTICS INC	COM	92345Y106	1,068,750	4,524	SH		SOLE		0	0	4,524
VERIZON COMMUNICATIONS INC	COM	92343V104	2,566,259	79,181	SH		SOLE		0	0	79,181
VERTEX PHARMACEUTICALS INC	COM	92532F100	1,642,028	4,722	SH		SOLE		0	0	4,722
VISA INC	COM CL A	92826C839	2,250,927	9,786	SH		SOLE		0	0	9,786
WALMART INC	COM	931142103	2,610,483	16,323	SH		SOLE		0	0	16,323
XP INC	CL A	G98239109	1,169,741	50,748	SH		SOLE		0	0	50,748