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
A T & T INC COM 00206r102 215 4,971 SH   SOLE   4,971 0 0
ACCRETIVE HEALTH INC COM COM 00438v103 251 125,338 SH   SOLE   125,338 0 0
ALTRIA GROUP INC COM 02209s103 867 12,575 SH   SOLE   12,575 0 0
APPLE INC COM 037833100 532 5,570 SH   SOLE   5,570 0 0
BCE INC COM NPV ISIN#CA05534B7 COM 05534b760 345 7,300 SH   SOLE   7,300 0 0
BERKSHIRE HATHAWAY B NEW CLASS COM 084670207 3,956 27,325 SH   SOLE   27,325 0 0
BERKSHIRE HATHAWAY INCDEL CL A COM 084670108 1,736 8 SH   SOLE   8 0 0
BlackRock Enhanced Equity Divi COM 09251A104 235 29,857 SH   SOLE   29,857 0 0
Brocade Communications Systems COM 111621306 1,257 136,981 SH   SOLE   136,981 0 0
CHARLES SCHWAB US REIT ETF COM 808524847 1,952 44,926 SH   SOLE   44,926 0 0
COMCAST CORPORATION CLASS A COM 20030n101 539 8,265 SH   SOLE   8,265 0 0
COMMERCIAL METALS CO COM 201723103 5,000 295,831 SH   SOLE   295,831 0 0
Calamos Global Dynamic Income COM 12811L107 96 13,710 SH   SOLE   13,710 0 0
Calamos Strategic Total Return COM 128125101 419 42,400 SH   SOLE   42,400 0 0
Cohen & Steers Infrastructure COM 19248A109 419 19,565 SH   SOLE   19,565 0 0
Consumer Discret Sel Sect SPDR COM 81369y407 1,402 17,963 SH   SOLE   17,963 0 0
DEUTSCH X TRKS MSCI EAFE HDG E COM 233051200 660 26,400 SH   SOLE   26,400 0 0
DURECT CORP COM COM 266605104 164 134,250 SH   SOLE   134,250 0 0
ENDURANCE INTERNATIONAL GROUP COM 29272B105 1,169 130,000 SH   SOLE   130,000 0 0
ENERGY SELECT SECTOR SPDR FUND COM 81369Y506 34,135 500,218 SH   SOLE   500,218 0 0
Eaton Vance Tax-Advantaged Div COM 27828G107 479 23,780 SH   SOLE   23,780 0 0
Eaton Vance Tax-Managed Divers COM 27828N102 130 12,509 SH   SOLE   12,509 0 0
FACEBOOK INC CLASS A COM 30303m102 376 3,288 SH   SOLE   3,288 0 0
First Trust Enhanced Equity In COM 337318109 243 18,500 SH   SOLE   18,500 0 0
GENERAL ELECTRIC CO COM 369604103 214 6,812 SH   SOLE   6,812 0 0
GLAUKOS CORPORATION COM 377322102 2,353 80,703 SH   SOLE   80,703 0 0
GOGO INC COM COM 38046c109 806 96,105 SH   SOLE   96,105 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 5,206 84,290 SH   SOLE   84,290 0 0
Guggenheim Enhanced Equity Inc COM 40167B100 114 15,180 SH   SOLE   15,180 0 0
ISHARES 20+ YEAR TREASURY BOND COM 464287432 19,436 139,930 SH   SOLE   139,930 0 0
ISHARES CALIF MUNI ETF COM 464288356 875 7,169 SH   SOLE   7,169 0 0
ISHARES CORE MSCI EAFE ETF ETF COM 46432F842 12,468 240,272 SH   SOLE   240,272 0 0
ISHARES CORE MSCI EMERGING ETF COM 46434g103 5,656 135,182 SH   SOLE   135,182 0 0
ISHARES CORE S&P MID-CAPETF COM 464287507 333 2,232 SH   SOLE   2,232 0 0
ISHARES CORE US AGGRGT BOND ET COM 464287226 4,653 41,314 SH   SOLE   41,314 0 0
ISHARES IBOXX INVT GRADE BOND COM 464287242 5,211 42,454 SH   SOLE   42,454 0 0
ISHARES MSCI ACWI ETF IV COM 464288257 9,246 164,431 SH   SOLE   164,431 0 0
ISHARES MSCI EAFE ETF COM 464287465 29,820 534,212 SH   SOLE   534,212 0 0
ISHARES MSCI EMERGING MKTS ETF COM 464287234 884 25,716 SH   SOLE   25,716 0 0
ISHARES NATIONL MUNI ETF COM 464288414 8,109 71,177 SH   SOLE   71,177 0 0
ISHARES RUSSELL 3000ETF COM 464287689 4,138 33,367 SH   SOLE   33,367 0 0
ISHARES SELECT DIVIDEND ETF COM 464287168 293 3,435 SH   SOLE   3,435 0 0
ISHARES U.S. REAL ESTATE COM 464287739 17,685 214,651 SH   SOLE   214,651 0 0
KLA-TENCOR CORP COM COM 482480100 633 8,644 SH   SOLE   8,644 0 0
LENDINGCLUB CORPORATION COM 52603A109 51 11,754 SH   SOLE   11,754 0 0
MAGELLAN MIDSTREAM P LP COM 559080106 274 3,606 SH   SOLE   3,606 0 0
MERCK & CO., INC. COM 58933Y105 1,696 29,439 SH   SOLE   29,439 0 0
Materials Select Sector SPDR E COM 81369y100 347 7,497 SH   SOLE   7,497 0 0
NEXT FIFTEEN COMMU ORDF COM g6500g109 114 34,803 SH   SOLE   34,803 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 3,452 45,688 SH   SOLE   45,688 0 0
PENUMBRA INC COM 70975l107 3,904 65,606 SH   SOLE   65,606 0 0
PIMCO TOTAL RETURN ACTIVE EXCH COM 72201R775 39,562 368,461 SH   SOLE   368,461 0 0
POWERSHARES QQQ TRUST SRS 1 ET COM 73935a104 479 4,450 SH   SOLE   4,450 0 0
REYNOLDS AMERICAN COM 761713106 752 13,940 SH   SOLE   13,940 0 0
SCHWAB U.S. BROAD COM 808524102 7,696 153,005 SH   SOLE   153,005 0 0
SECTOR SPDR HEALTH FUND SHARES COM 81369Y209 1,789 24,945 SH   SOLE   24,945 0 0
SECTOR SPDR INDL SELECT SHARES COM 81369y704 1,151 20,542 SH   SOLE   20,542 0 0
SECTOR SPDR TECH SELECT SHARES COM 81369y803 2,506 57,772 SH   SOLE   57,772 0 0
SECTOR SPDR TR CON STPLS SHARE COM 81369y308 1,078 19,538 SH   SOLE   19,538 0 0
SELECT SECTOR UTI SELECT SPDR COM 81369y886 2,591 49,389 SH   SOLE   49,389 0 0
SELECT STR FINANCIAL SELECT SP COM 81369y605 1,741 76,177 SH   SOLE   76,177 0 0
SERVICESOURCE INTL INCCOM COM 81763u100 940 233,152 SH   SOLE   233,152 0 0
SPDR GOLD SHARES ETF COM 78463v107 253 2,000 SH   SOLE   2,000 0 0
SPDR S&P 500 ETF IV COM 78462f103 3,401 16,235 SH   SOLE   16,235 0 0
Tekla Healthcare Investors COM 87911J103 384 16,386 SH   SOLE   16,386 0 0
VANGUARD FTSE DEVELOPED MKTS COM 921943858 57,090 1,614,525 SH   SOLE   1,614,525 0 0
VANGUARD FTSE EMERGING MKTS ET COM 922042858 57,325 1,627,153 SH   SOLE   1,627,153 0 0
VANGUARD INDEX FUNDS VANGUARD COM 922908769 92,757 865,598 SH   SOLE   865,598 0 0
VANGUARD LONG TERM GOV BD ETF COM 92206c847 232 2,728 SH   SOLE   2,728 0 0
VANGUARD REIT ETF COM 922908553 14,000 157,886 SH   SOLE   157,886 0 0
VANGUARD TOTAL BOND MARKET ETF COM 921937835 3,060 36,303 SH   SOLE   36,303 0 0
VANGUARD WORLD FDS VANGUARD EN COM 92204A306 15,476 162,697 SH   SOLE   162,697 0 0
WALT DISNEY CO COM 254687106 406 4,150 SH   SOLE   4,150 0 0
IVANHOE MINES LTD COMCL A ISIN ADR 46579r104 169 217,634 SH   SOLE   217,634 0 0