Form D Raw Data - Electronic Filing Depository

EFDID: 319494EFD: Raw Data

Issuer: Passco Grand Oaks DST (0001785627) - D/A

Accession: 0001785627-20-000001 () (EDGAR Files) (Form D)

Edgar Posted: Mar. 18, 2020
EFD Posted: Mar. 19, 2020

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001785627 </ cik >

< entityName > Passco Grand Oaks DST </ entityName >

- < issuerAddress >

< street1 > 2050 MAIN STREET, SUITE 650 </ street1 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > (949) 263-7900 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > Statutory Trust </ entityTypeOtherDesc >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2019 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Larry </ firstName >

< middleName > K. </ middleName >

< lastName > Sullivan </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > President of the Sole Member of the Issuer's Manager </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > William </ firstName >

< middleName > O. </ middleName >

< lastName > Passo </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Belden </ firstName >

< lastName > Brown </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Thomas </ firstName >

< middleName > B. </ middleName >

< lastName > Jahncke </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Passco Companies, LLC </ firstName >

< lastName > Passco Companies, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Passco Grand Oaks Depositor, LLC </ firstName >

< lastName > Passco Grand Oaks Depositor, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Passco Grand Oaks Manager, LLC </ firstName >

< lastName > Passco Grand Oaks Manager, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Residential </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001785627-19-000001 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2019-08-16 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 25000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Passco Capital, Inc. </ recipientName >

< recipientCRDNumber > 117323 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2050 Main Street, Suite 650 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > VT </ state >

< description > VERMONT </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ronald David Birnbaum </ recipientName >

< recipientCRDNumber > 2382580 </ recipientCRDNumber >

< associatedBDName > Advisory Group Equity Services Ltd. </ associatedBDName >

< associatedBDCRDNumber > 15427 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > One Gateway Center, Suite 350 </ street1 >

< city > Newton </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 02458 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Derek James Elrod </ recipientName >

< recipientCRDNumber > 4793202 </ recipientCRDNumber >

< associatedBDName > APW Capital, Inc. </ associatedBDName >

< associatedBDCRDNumber > 43814 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 986 W. Alluvial Avenue, Suite 101 </ street1 >

< city > Fresno </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 93711 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Roger William Bowlin </ recipientName >

< recipientCRDNumber > 1905652 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2731 - 77th Avenue SE, Suite 100 </ street1 >

< city > Mercer Island </ city >

< stateOrCountry > WA </ stateOrCountry >

< stateOrCountryDescription > WASHINGTON </ stateOrCountryDescription >

< zipCode > 98040 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Barry William LeMay </ recipientName >

< recipientCRDNumber > 306332 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2242 Camden Avenue, Suite 102 </ street1 >

< city > San Jose </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 95124 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > ID </ state >

< description > IDAHO </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Roy Vincent Pfleger II </ recipientName >

< recipientCRDNumber > 5896655 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 417 East Main Street, 3rd Floor </ street1 >

< city > Port Jefferson </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 11777 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Daniel Philip Raupp </ recipientName >

< recipientCRDNumber > 4079107 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 417 East Main Street, 3rd Floor </ street1 >

< city > Port Jefferson </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 11777 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Eric Stuart Scaff </ recipientName >

< recipientCRDNumber > 5281210 </ recipientCRDNumber >

< associatedBDName > Concorde Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 44 Montgomery Street, Suite 610 </ street1 >

< city > San Francisco </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94101 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > UT </ state >

< description > UTAH </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Stacey Jim Morimoto </ recipientName >

< recipientCRDNumber > 4420782 </ recipientCRDNumber >

< associatedBDName > Stax Capital </ associatedBDName >

< associatedBDCRDNumber > 300607 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4901 Morena Boulevard, Suite 121 </ street1 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92117 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christina Suzanne Nielson </ recipientName >

< recipientCRDNumber > 4866971 </ recipientCRDNumber >

< associatedBDName > DAI Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 36673 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 650 Town Center Drive, Suite 1400 </ street1 >

< city > Costa Mesa </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92626 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Matthew D. Poole </ recipientName >

< recipientCRDNumber > 5074516 </ recipientCRDNumber >

< associatedBDName > DFPG Investments, LLC </ associatedBDName >

< associatedBDCRDNumber > 155576 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 5531 Cancha De Golf, Suite 201 </ street1 >

< city > Rancho Santa Fe </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92091 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Scott Sheehan </ recipientName >

< recipientCRDNumber > 2328614 </ recipientCRDNumber >

< associatedBDName > DFPG Investments, LLC </ associatedBDName >

< associatedBDCRDNumber > 155576 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2 Orr Hatch Drive </ street1 >

< city > Cornwall </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 12518 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Michael Allan Bendix </ recipientName >

< recipientCRDNumber > 5379777 </ recipientCRDNumber >

< associatedBDName > DFPG Investments, LLC </ associatedBDName >

< associatedBDCRDNumber > 155576 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 903 Springwood Lane </ street1 >

< city > Encinitas </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92024 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christopher Thomas Miller </ recipientName >

< recipientCRDNumber > 4044818 </ recipientCRDNumber >

< associatedBDName > Emerson Equity LLC </ associatedBDName >

< associatedBDCRDNumber > 130032 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 155 Bovet Road, Suite 725 </ street1 >

< city > San Mateo </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94402 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Matthew Scott Merwin </ recipientName >

< recipientCRDNumber > 1142898 </ recipientCRDNumber >

< associatedBDName > FMN Capital Corporation </ associatedBDName >

< associatedBDCRDNumber > 38105 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 9916 Lone Tree Lane </ street1 >

< city > Orlando </ city >

< stateOrCountry > FL </ stateOrCountry >

< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 32836 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > HI </ state >

< description > HAWAII </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Tyrone Hagen Wynfield </ recipientName >

< recipientCRDNumber > 1341666 </ recipientCRDNumber >

< associatedBDName > Hagen Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 27353 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2112 Century Park Lane, #415 </ street1 >

< city > Los Angeles </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90067 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Peter Alexander Finnegan </ recipientName >

< recipientCRDNumber > 1336798 </ recipientCRDNumber >

< associatedBDName > Huntwicke Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 146993 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 65 Washington Street </ street1 >

< city > Hanover </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 02339 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kelly H. Clyde </ recipientName >

< recipientCRDNumber > 4825839 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4041 Macarthur Boulevard, Suite 240 </ street1 >

< city > Newport Beach </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92660 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Leslie Margaret Pappas </ recipientName >

< recipientCRDNumber > 1735372 </ recipientCRDNumber >

< associatedBDName > Lightpath Capital, Inc. </ associatedBDName >

< associatedBDCRDNumber > 34617 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3130 Baker Street </ street1 >

< city > San Francisco </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94123 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Frank Piscitelli </ recipientName >

< recipientCRDNumber > 6935623 </ recipientCRDNumber >

< associatedBDName > Lightpath Capital, Inc. </ associatedBDName >

< associatedBDCRDNumber > 34617 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3130 Baker Street </ street1 >

< city > San Francisco </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94123 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MT </ state >

< description > MONTANA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Corbin Scott Thomas </ recipientName >

< recipientCRDNumber > 4234748 </ recipientCRDNumber >

< associatedBDName > McDermott Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 154926 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 101 Main Street, Suite 260 </ street1 >

< city > Huntington Beach </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92648 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christopher Michael Vizzi </ recipientName >

< recipientCRDNumber > 5095868 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4041 MacArthur Boulevard, Suite 240 </ street1 >

< city > Newport Beach </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92660 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Larry Jerome Steckler </ recipientName >

< recipientCRDNumber > 2621508 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 14259 Danielson Street </ street1 >

< city > Poway </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92064 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Robert Alan Horning </ recipientName >

< recipientCRDNumber > 2311640 </ recipientCRDNumber >

< associatedBDName > McDermott Investment Services, LLC </ associatedBDName >

< associatedBDCRDNumber > 154926 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 6633 S. Halm Avenue </ street1 >

< city > Los Angeles </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 90056 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Eric Arthur Bicknese </ recipientName >

< recipientCRDNumber > 2829451 </ recipientCRDNumber >

< associatedBDName > Nationwide Planning Associates Inc. </ associatedBDName >

< associatedBDCRDNumber > 31029 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 600 Third Avenue, 3rd Floor </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10016 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Scott David Offerman </ recipientName >

< recipientCRDNumber > 4619093 </ recipientCRDNumber >

< associatedBDName > Nextrend Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 43710 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 321 West 44th Street, Suite 200 </ street1 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 10036 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > UT </ state >

< description > UTAH </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Christina Suzanne Nielson </ recipientName >

< recipientCRDNumber > 4866971 </ recipientCRDNumber >

< associatedBDName > Primex </ associatedBDName >

< associatedBDCRDNumber > 29394 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 650 Town Center Drive, Suite 1400 </ street1 >

< city > Costa Mesa </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92626 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Thomas Burgess Hamlin </ recipientName >

< recipientCRDNumber > 2208505 </ recipientCRDNumber >

< associatedBDName > Somerset Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 2493 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4600 S.W. Kelly Avenue </ street1 >

< city > Portland </ city >

< stateOrCountry > OR </ stateOrCountry >

< stateOrCountryDescription > OREGON </ stateOrCountryDescription >

< zipCode > 97239 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > VT </ state >

< description > VERMONT </ description >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Thomas Book Jahncke </ recipientName >

< recipientCRDNumber > 1078444 </ recipientCRDNumber >

< associatedBDName > Titan Securities </ associatedBDName >

< associatedBDCRDNumber > 131392 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 16775 Addison Road, Suite 202 </ street1 >

< city > Addison </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 75001 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > VT </ state >

< description > VERMONT </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Michelle N. Vizzi </ recipientName >

< recipientCRDNumber > 4780371 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4041 MacArthur Boulevard, Suite 240 </ street1 >

< city > Newport Beach </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92660 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Alan Lee Shorr </ recipientName >

< recipientCRDNumber > 1040305 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2900 Loch Fern Court </ street1 >

< city > Bakersfield </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 93306 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Paul Getty </ recipientName >

< recipientCRDNumber > 6470002 </ recipientCRDNumber >

< associatedBDName > Lightpath Capital, Inc. </ associatedBDName >

< associatedBDCRDNumber > 34617 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 97 East Brokaw Road, Suite 350 </ street1 >

< city > San Jose </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 95112 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > MT </ state >

< description > MONTANA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jean-Louis Guinchard </ recipientName >

< recipientCRDNumber > 1983431 </ recipientCRDNumber >

< associatedBDName > RCX Capital Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 114290 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 500 West Putnam Avenue, Suite 400 </ street1 >

< city > Greenwich </ city >

< stateOrCountry > CT </ stateOrCountry >

< stateOrCountryDescription > CONNECTICUT </ stateOrCountryDescription >

< zipCode > 06830 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > RI </ state >

< description > RHODE ISLAND </ description >

< state > VT </ state >

< description > VERMONT </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > ME </ state >

< description > MAINE </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > MI </ state >

< description > MICHIGAN </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > IA </ state >

< description > IOWA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

< state > AR </ state >

< description > ARKANSAS </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > UT </ state >

< description > UTAH </ description >

< state > IN </ state >

< description > INDIANA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > MS </ state >

< description > MISSISSIPPI </ description >

< state > NH </ state >

< description > NEW HAMPSHIRE </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > NM </ state >

< description > NEW MEXICO </ description >

< state > AK </ state >

< description > ALASKA </ description >

< state > AL </ state >

< description > ALABAMA </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

< state > ND </ state >

< description > NORTH DAKOTA </ description >

< state > NE </ state >

< description > NEBRASKA </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > NV </ state >

< description > NEVADA </ description >

< state > TN </ state >

< description > TENNESSEE </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OK </ state >

< description > OKLAHOMA </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > SD </ state >

< description > SOUTH DAKOTA </ description >

< state > SC </ state >

< description > SOUTH CAROLINA </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > WV </ state >

< description > WEST VIRGINIA </ description >

< state > DC </ state >

< description > DISTRICT OF COLUMBIA </ description >

< state > WI </ state >

< description > WISCONSIN </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > KS </ state >

< description > KANSAS </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > LA </ state >

< description > LOUISIANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Anthony Brown </ recipientName >

< recipientCRDNumber > 6900485 </ recipientCRDNumber >

< associatedBDName > Stax Capital </ associatedBDName >

< associatedBDCRDNumber > 300607 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4901 Morena Boulevard, Suite 121 </ street1 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92117 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > James Lamont </ recipientName >

< recipientCRDNumber > 2846228 </ recipientCRDNumber >

< associatedBDName > Whitehall-Parker Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 10608 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 117 Paul Drive, Suite B </ street1 >

< city > San Rafael </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94903 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 29525000 </ totalOfferingAmount >

< totalAmountSold > 29525000 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 75 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 2583437 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 4094484 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ grossProceedsUsed >

< clarificationOfResponse > Passco Grand Oaks Depositor, LLC was responsible for paying certain fees and costs of approximately $3,643,484. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Passco Grand Oaks DST </ issuerName >

< signatureName > /s/ Larry K. Sullivan </ signatureName >

< nameOfSigner > Larry K. Sullivan </ nameOfSigner >

< signatureTitle > President of the Sole Member of the Issuer's Manager </ signatureTitle >

< signatureDate > 2020-03-18 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >