The Howell Legacy Group Trust Q4 2025
Fourth Quarter 2025

THE HOWELL LEGACY GROUP

Quarterly Board Report

Building Wealth Across Generations

Reporting Period: October 1 - December 31, 2025

Prepared for: Board of Directors

Classification: CONFIDENTIAL

Executive Summary

The fourth quarter of 2025 concluded a transformative year for The Howell Legacy Group. This report provides a comprehensive overview of our financial performance, strategic initiatives, and operational accomplishments during Q4 2025.

$8.2M
Total AUM
+4.2% QoQ
12.8%
YTD Return
+2.1% vs benchmark
4
Active Entities
Fully operational
100%
Compliance
All requirements met

Q4 Key Accomplishments

  • Completed annual portfolio rebalancing ahead of year-end
  • Finalized Trust Declaration v11 with enhanced governance provisions
  • Launched professional development training portal for family members
  • Achieved all compliance and regulatory requirements

Financial Performance

Our investment portfolio demonstrated resilience and growth throughout the quarter, outperforming benchmark indices while maintaining our conservative risk profile.

Portfolio Performance Summary

Asset Class Allocation Q4 Return YTD Return
US Equities 45% +5.2% +18.4%
International Equities 15% +2.8% +9.2%
Fixed Income 25% +1.2% +4.8%
Real Assets 10% +3.1% +8.6%
Cash & Equivalents 5% +1.1% +4.2%

Portfolio Review

The investment committee conducted quarterly reviews of all portfolio positions, ensuring alignment with our Investment Policy Statement and long-term objectives.

Investment Strategy Updates

During Q4, we made tactical adjustments to position the portfolio for anticipated market conditions in 2026. Key changes included modest increases to quality dividend-paying equities and selective additions to investment-grade corporate bonds.

Portfolio Actions Taken

  • Rebalanced equity allocation to target weights
  • Extended fixed income duration modestly
  • Maintained real asset exposure for inflation protection
  • Increased cash reserves for opportunistic deployment

Operations Update

All operating entities within the four-tier organizational structure continue to function effectively, with clear lines of authority and responsibility.

Entity Status Summary

Entity Role Status
The Howell Legacy Group Trust Apex Entity Fully Operational
Howell Holdings LLC Trustee Entity Fully Operational
AITCH Holdings LLC Holding Company Fully Operational
AITCH Enterprises LLC Operations Fully Operational

Governance & Compliance

The Trust maintained full compliance with all governance requirements and regulatory obligations throughout Q4 2025.

Key Governance Activities

  • Completed annual review and update of Trust Declaration (v11)
  • Updated Investment Policy Statement with current market considerations
  • Conducted required trustee meetings and documented all resolutions
  • Completed annual beneficiary communications

Q1 2026 Outlook

Looking ahead to the first quarter of 2026, the Board has identified several priorities and strategic initiatives.

Priorities for Q1 2026

  • Complete annual tax planning and preparation
  • Review and update beneficiary designations as needed
  • Evaluate new investment opportunities aligned with IPS
  • Continue professional development initiatives for family members
  • Conduct mid-year governance review

The Board remains committed to prudent stewardship of family assets and the long-term vision of building wealth across generations.