Securities Act Registration No. 333 -20635

Investment Company Act Registration No. 811 -08037

FORM N-1A

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

Pre-Effective Amendment No.___

o

Post-Effective Amendment No. 85

x

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY

ACT OF 1940

Amendment No.  86

x

ADVISORONE FUNDS

17605 Wright Street

Omaha, NE 68130

(402) 493-3313

 Brian Nielsen, Secretary

Copies to:

James Ash, Esq.	JoAnn Strasser,Esq.
Senior Vice President	Thompson Hine LLP
Gemini Fund Services, LLC	41 South High Street, 17th Floor
80 Arkay Drive, Suite 110	Columbus, Ohio 43215
Hauppauge, New York 11788-0132

It is proposed that this filing will become effective:

[X]	immediately upon filing pursuant to Rule 485, paragraph (b)
[   ]	on _______________ pursuant to Rule 485, paragraph (b)
[  ]	60 days after filing pursuant to Rule 485, paragraph (a) (i)
[   ]	on [date] pursuant to Rule 485, paragraph (a) (i)
[   ]	75 days after filing pursuant to Rule 485, paragraph (a) (ii)
[   ]	pursuant to Rule 485, paragraph (a) (ii)
[   ]	this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

If appropriate, check the following box:

o  This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

This filing relates solely to the Premium Class shares, Financial Class shares, Invesor  Class shares and Institutional Class shares of the Milestone Treasury Obligations Fund, a series of the Registrant.

SIGNATURES

Pursuant to the requirements of the Securities Act and the Investment Company Act, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Omaha, State of Nebraska, on April 16, 2014.

ADVISORONE FUNDS (Registrant)

By: /s/ Ryan Beach

      Ryan Beach,   President

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

By:

***

Todd  Clarke

Interested Trustee

April 16, 2014

              ***

-------------------------------

Eric Clarke

Interested Trustee

April 16, 2014

*

--------------------------

Larry A. Carter

Trustee

April 16, 2014

*

--------------------------

John W. Davidson

Trustee

April 16, 2014

*

--------------------------

 Edward D. Foy

Trustee

April 16, 2014

*

--------------------------

 Gary Lanzen

Trustee

April 16, 2014

            **

----------------------------

Principal Financial Officer & Treasurer

April 16, 2014

Dawn Borelli

/s/ Ryan Beach

April 16, 2014

Ryan Beach

Pricipal Executive Officer & President

By:/s/ Brian Nielsen

Brian Nielsen

(*)(**)(***)Attorney-in-Fact

April 16, 2014

* Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 62 on March 15, 2012 are incorporated herein by reference.

** Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 65 on August 28, 2012 are incorporated herein by reference

***Pursuant to Powers of Attorney previously filed in Post-Effective Amendment No. 68 on December 26, 2012  are incorporated herein by reference.

Index No.	Description of Exhibit
EX-101.INS	XBRL Instance Document
EX-101.SCH	XBRL Taxonomy Extension Schema Document
EX-101.CAL	XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF	XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB	XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE	XBRL Taxonomy Extension Presentation Linkbase