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
Estimated average burden
hours per response: 23.8
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
ABBVIE INC COM 00287Y109 270 4,315 SH   SOLE   0 0 4,315
ALPHABET INC CAP STK CL C 02079K107 215 278 SH   SOLE   0 0 278
ALPHABET INC CAP STK CL A 02079K305 229 289 SH   SOLE   0 0 289
ALPS ETF TR ALERIAN MLP 00162Q866 366 29,062 SH   SOLE   0 0 29,062
ALTRIA GROUP INC COM 02209S103 1,126 16,649 SH   SOLE   0 0 16,649
AMAZON COM INC COM 023135106 427 570 SH   SOLE   0 0 570
APPLE INC COM 037833100 2,799 24,168 SH   SOLE   0 0 24,168
AT&T INC COM 00206R102 1,047 24,608 SH   SOLE   0 0 24,608
BANK AMER CORP COM 060505104 292 250 SH   SOLE   0 0 250
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 494 20,372 SH   SOLE   0 0 20,372
BARRETT BILL CORP COM 06846N104 246 35,228 SH   SOLE   0 0 35,228
BECTON DICKINSON & CO COM 075887109 509 3,077 SH   SOLE   0 0 3,077
BERKSHIRE HATHAWAY INC DEL CL A 084670108 732 3 SH   SOLE   0 0 3
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,953 30,392 SH   SOLE   0 0 30,392
BRISTOL MYERS SQUIBB CO COM 110122108 340 5,811 SH   SOLE   0 0 5,811
COBIZ FINANCIAL INC COM 190897108 438 25,937 SH   SOLE   0 0 25,937
COCA COLA CO COM 191216100 858 20,695 SH   SOLE   0 0 20,695
COMCAST CORP NEW CL A 20030N101 222 3,213 SH   SOLE   0 0 3,213
CULLEN FROST BANKERS INC COM 229899109 3,310 37,517 SH   SOLE   0 0 37,517
DBX ETF TR XTRAK MSCI EAFE 233051200 63,800 2,273,709 SH   SOLE   0 0 2,273,709
DISNEY WALT CO COM DISNEY 254687106 206 1,981 SH   SOLE   0 0 1,981
ENTERPRISE PRODS PARTNERS L COM 293792107 591 21,840 SH   SOLE   0 0 21,840
EOG RES INC COM 26875P101 232 2,290 SH   SOLE   0 0 2,290
EXPRESS SCRIPTS HLDG CO COM 30219G108 297 4,316 SH   SOLE   0 0 4,316
EXXON MOBIL CORP COM 30231G102 2,502 27,723 SH   SOLE   0 0 27,723
GENERAL ELECTRIC CO COM 369604103 633 20,043 SH   SOLE   0 0 20,043
GENERAL MTRS CO COM 37045V100 222 6,378 SH   SOLE   0 0 6,378
GLOBAL NET LEASE INC COM 379378102 3,042 388,493 SH   SOLE   0 0 388,493
HARTFORD FINL SVCS GROUP INC COM 416515104 1,420 29,809 SH   SOLE   0 0 29,809
HOME DEPOT INC COM 437076102 308 2,300 SH   SOLE   0 0 2,300
INDEXIQ ETF TR HEDGE MLTI ETF 45409B107 785 27,372 SH   SOLE   0 0 27,372
INTEL CORP COM 458140100 848 23,369 SH   SOLE   0 0 23,369
INTERNATIONAL BUSINESS MACHS COM 459200101 413 2,486 SH   SOLE   0 0 2,486
ISHARES MIN VOL GBL ETF 464286525 494 6,806 SH   SOLE   0 0 6,806
ISHARES INC CORE MSCI EMKT 46434G103 38,805 914,140 SH   SOLE   0 0 914,140
ISHARES TR SELECT DIVID ETF 464287168 288 3,248 SH   SOLE   0 0 3,248
ISHARES TR TIPS BD ETF 464287176 749 6,622 SH   SOLE   0 0 6,622
ISHARES TR CORE S&P500 ETF 464287200 57,277 254,574 SH   SOLE   0 0 254,574
ISHARES TR CORE US AGGBD ET 464287226 468 4,331 SH   SOLE   0 0 4,331
ISHARES TR MSCI EMG MKT ETF 464287234 4,941 141,122 SH   SOLE   0 0 141,122
ISHARES TR S&P 500 VAL ETF 464287408 383 3,774 SH   SOLE   0 0 3,774
ISHARES TR 1-3 YR TR BD ETF 464287457 492 5,830 SH   SOLE   0 0 5,830
ISHARES TR MSCI EAFE ETF 464287465 18,096 313,462 SH   SOLE   0 0 313,462
ISHARES TR RUS MDCP VAL ETF 464287473 849 10,554 SH   SOLE   0 0 10,554
ISHARES TR CORE S&P MCP ETF 464287507 611 3,693 SH   SOLE   0 0 3,693
ISHARES TR RUS 1000 VAL ETF 464287598 544 4,852 SH   SOLE   0 0 4,852
ISHARES TR RUS 1000 GRW ETF 464287614 499 4,760 SH   SOLE   0 0 4,760
ISHARES TR RUS 1000 ETF 464287622 40,929 328,853 SH   SOLE   0 0 328,853
ISHARES TR RUS 2000 VAL ETF 464287630 679 5,708 SH   SOLE   0 0 5,708
ISHARES TR RUSSELL 2000 ETF 464287655 8,308 61,607 SH   SOLE   0 0 61,607
ISHARES TR S&P MC 400VL ETF 464287705 238 1,639 SH   SOLE   0 0 1,639
ISHARES TR U.S. REAL ES ETF 464287739 1,811 23,544 SH   SOLE   0 0 23,544
ISHARES TR CORE S&P SCP ETF 464287804 1,462 10,634 SH   SOLE   0 0 10,634
ISHARES TR SP SMCP600VL ETF 464287879 358 2,558 SH   SOLE   0 0 2,558
ISHARES TR EAFE SML CP ETF 464288273 3,281 65,828 SH   SOLE   0 0 65,828
ISHARES TR INTL DEVPPTY ETF 464288422 2,301 68,462 SH   SOLE   0 0 68,462
ISHARES TR IBOXX HI YD ETF 464288513 769 8,888 SH   SOLE   0 0 8,888
ISHARES TR RESID RL EST CAP 464288562 1,164 18,764 SH   SOLE   0 0 18,764
ISHARES TR MBS ETF 464288588 239 2,250 SH   SOLE   0 0 2,250
ISHARES TR 1-3 YR CR BD ETF 464288646 324 3,092 SH   SOLE   0 0 3,092
ISHARES TR 3-7 YR TR BD ETF 464288661 295 2,404 SH   SOLE   0 0 2,404
ISHARES TR MICRO-CAP ETF 464288869 11,988 139,660 SH   SOLE   0 0 139,660
ISHARES TR FLTG RATE BD ETF 46429B655 1,695 33,412 SH   SOLE   0 0 33,412
ISHARES TR MIN VOL USA ETF 46429B697 509 11,258 SH   SOLE   0 0 11,258
ISHARES TR USA QUALITY FCTR 46432F339 93,567 1,354,077 SH   SOLE   0 0 1,354,077
ISHARES TR USA MOMENTUM FCT 46432F396 386 5,085 SH   SOLE   0 0 5,085
ISHARES TR CORE MSCI EAFE 46432F842 630 11,742 SH   SOLE   0 0 11,742
ISHARES TR HDG MSCI EAFE 46434V803 17,511 670,407 SH   SOLE   0 0 670,407
JOHNSON & JOHNSON COM 478160104 1,934 16,788 SH   SOLE   0 0 16,788
JPMORGAN CHASE & CO COM 46625H100 1,034 11,980 SH   SOLE   0 0 11,980
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 254 8,020 SH   SOLE   0 0 8,020
KIMBERLY CLARK CORP COM 494368103 295 2,582 SH   SOLE   0 0 2,582
KRAFT HEINZ CO COM 500754106 348 3,982 SH   SOLE   0 0 3,982
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 258 4,576 SH   SOLE   0 0 4,576
LIBERTY GLOBAL PLC SHS CL C G5480U120 269 9,053 SH   SOLE   0 0 9,053
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 200 2,646 SH   SOLE   0 0 2,646
MCKESSON CORP COM 58155Q103 240 1,706 SH   SOLE   0 0 1,706
MERCK & CO INC COM 58933Y105 428 7,269 SH   SOLE   0 0 7,269
MICROSOFT CORP COM 594918104 1,554 25,015 SH   SOLE   0 0 25,015
NORTHROP GRUMMAN CORP COM 666807102 343 1,476 SH   SOLE   0 0 1,476
PEPSICO INC COM 713448108 329 3,140 SH   SOLE   0 0 3,140
PFIZER INC COM 717081103 1,018 31,352 SH   SOLE   0 0 31,352
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 2,559 25,253 SH   SOLE   0 0 25,253
POWERSHARES ETF TR II EX RTE SEN LOW 73937B563 282 10,113 SH   SOLE   0 0 10,113
POWERSHARES ETF TR II PWRSHS SP500 LOW 73937B654 1,024 26,130 SH   SOLE   0 0 26,130
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 2,635 63,378 SH   SOLE   0 0 63,378
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 456 3,850 SH   SOLE   0 0 3,850
PROCTER AND GAMBLE CO COM 742718109 598 7,108 SH   SOLE   0 0 7,108
PROSHARES TR INVT INT RT HG 74347B607 214 2,810 SH   SOLE   0 0 2,810
PRUDENTIAL FINL INC COM 744320102 330 3,168 SH   SOLE   0 0 3,168
QUALCOMM INC COM 747525103 210 3,217 SH   SOLE   0 0 3,217
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 3,850 72,278 SH   SOLE   0 0 72,278
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 308 6,822 SH   SOLE   0 0 6,822
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 922 15,004 SH   SOLE   0 0 15,004
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 1,447 67,102 SH   SOLE   0 0 67,102
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 1,078 24,752 SH   SOLE   0 0 24,752
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 740 26,746 SH   SOLE   0 0 26,746
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 498 9,667 SH   SOLE   0 0 9,667
SCHWAB STRATEGIC TR US REIT ETF 808524847 1,175 28,632 SH   SOLE   0 0 28,632
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 1,679 33,300 SH   SOLE   0 0 33,300
SCHWAB STRATEGIC TR US TIPS ETF 808524870 869 15,854 SH   SOLE   0 0 15,854
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 488 16,768 SH   SOLE   0 0 16,768
SPDR GOLD TRUST GOLD SHS 78463V107 296 2,701 SH   SOLE   0 0 2,701
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 14,394 398,955 SH   SOLE   0 0 398,955
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,225 5,482 SH   SOLE   0 0 5,482
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 223 740 SH   SOLE   0 0 740
SPDR SER TR NUVEEN BLMBRG SR 78468R739 1,145 23,880 SH   SOLE   0 0 23,880
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 753 12,900 SH   SOLE   0 0 12,900
SPX FLOW INC COM 78469X107 244 7,617 SH   SOLE   0 0 7,617
SUNCOR ENERGY INC NEW COM 867224107 289 8,839 SH   SOLE   0 0 8,839
TEXTRON INC COM 883203101 340 7,000 SH   SOLE   0 0 7,000
TORO CO COM 891092108 4,476 80,000 SH   SOLE   0 0 80,000
UNION PAC CORP COM 907818108 56,056 540,666 SH   SOLE   0 0 540,666
US BANCORP DEL COM NEW 902973304 560 10,898 SH   SOLE   0 0 10,898
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 409 5,144 SH   SOLE   0 0 5,144
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 702 8,690 SH   SOLE   0 0 8,690
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 608 11,194 SH   SOLE   0 0 11,194
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 34,266 166,899 SH   SOLE   0 0 166,899
VANGUARD INDEX FDS REIT ETF 922908553 41,925 508,002 SH   SOLE   0 0 508,002
VANGUARD INDEX FDS SM CP VAL ETF 922908611 480 3,966 SH   SOLE   0 0 3,966
VANGUARD INDEX FDS MID CAP ETF 922908629 298 2,265 SH   SOLE   0 0 2,265
VANGUARD INDEX FDS SMALL CP ETF 922908751 18,122 140,526 SH   SOLE   0 0 140,526
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 1,426 15,170 SH   SOLE   0 0 15,170
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 8,316 232,415 SH   SOLE   0 0 232,415
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 219 3,775 SH   SOLE   0 0 3,775
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 208 4,335 SH   SOLE   0 0 4,335
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 277 5,300 SH   SOLE   0 0 5,300
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 29,646 811,332 SH   SOLE   0 0 811,332
VERIZON COMMUNICATIONS INC COM 92343V104 799 14,968 SH   SOLE   0 0 14,968
VISA INC COM CL A 92826C839 276 3,541 SH   SOLE   0 0 3,541
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 292 11,937 SH   SOLE   0 0 11,937
WAL-MART STORES INC COM 931142103 657 9,498 SH   SOLE   0 0 9,498
WELLS FARGO & CO NEW COM 949746101 1,504 18,536 SH   SOLE   0 0 18,536
WEYERHAEUSER CO COM 962166104 554 18,400 SH   SOLE   0 0 18,400
WISDOMTREE TR TOTAL DIVID FD 97717W109 270 3,323 SH   SOLE   0 0 3,323
WISDOMTREE TR MDCP EARN FUND 97717W570 269 2,620 SH   SOLE   0 0 2,620
WISDOMTREE TR SMALLCAP DIVID 97717W604 649 7,851 SH   SOLE   0 0 7,851
XCEL ENERGY INC COM 98389B100 408 10,037 SH   SOLE   0 0 10,037