The Howell Legacy Group Trust Q3 2025
Third Quarter 2025

THE HOWELL LEGACY GROUP

Quarterly Board Report

Building Wealth Across Generations

Reporting Period: July 1 - September 30, 2025

Prepared for: Board of Directors

Classification: CONFIDENTIAL

Executive Summary

The third quarter of 2025 marked continued progress in strengthening our organizational infrastructure and investment performance. This report provides an overview of key accomplishments and financial results for Q3 2025.

$7.9M
Total AUM
+3.8% QoQ
8.6%
YTD Return
+1.8% vs benchmark
4
Active Entities
Fully operational
100%
Compliance
All requirements met

Q3 Key Accomplishments

  • Initiated development of family training and education portal
  • Completed mid-year portfolio review and rebalancing
  • Began Trust Declaration v11 drafting process
  • Established new investment monitoring protocols

Financial Performance

Despite market volatility during Q3, our diversified portfolio maintained positive momentum with disciplined risk management.

Portfolio Performance Summary

Asset Class Allocation Q3 Return YTD Return
US Equities44%+3.8%+13.2%
International Equities16%+1.9%+6.4%
Fixed Income25%+0.8%+3.6%
Real Assets10%+2.4%+5.5%
Cash & Equivalents5%+1.0%+3.1%

Portfolio Review

The investment committee conducted comprehensive reviews focusing on risk-adjusted returns and alignment with our long-term strategic objectives.

Portfolio Actions Taken

  • Reduced exposure to growth-oriented equities in favor of value
  • Maintained defensive positioning in fixed income
  • Evaluated alternative investment opportunities
  • Updated risk monitoring dashboards

Operations Update

All entities within the organizational structure continue to operate effectively with enhanced coordination and communication.

Entity Status Summary

EntityRoleStatus
The Howell Legacy Group TrustApex EntityFully Operational
Howell Holdings LLCTrustee EntityFully Operational
AITCH Holdings LLCHolding CompanyFully Operational
AITCH Enterprises LLCOperationsFully Operational

Governance & Compliance

Governance activities during Q3 focused on preparation for year-end requirements and documentation updates.

Key Governance Activities

  • Initiated comprehensive review of Trust Declaration for v11 updates
  • Completed quarterly compliance certifications
  • Conducted board meeting with full attendance
  • Reviewed and updated operating agreements

Q4 2025 Outlook

Looking ahead to Q4, the Board has established priorities for closing the year strong.

Priorities for Q4 2025

  • Finalize Trust Declaration v11
  • Complete annual portfolio rebalancing
  • Launch family training portal
  • Prepare year-end tax documentation
  • Complete annual governance review