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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 239 2,068 SH   DFND   0 0 2,068
ADVANCE AUTO PARTS INC COM 00751Y106 492 3,066 SH   DFND   0 0 3,066
ADVENT CLAY CONV SEC INC FD COM 007639107 291 53,600 SH   DFND   0 0 53,600
ADVENT CLAYMORE CV SECS & IN COM 00764C109 194 14,700 SH   DFND   0 0 14,700
ALLIANZGI NFJ DIVID INT & PR COM 01883A107 177 14,400 SH   DFND   0 0 14,400
ALPHABET INC CAP STK CL A 02079K305 908 1,190 SH   DFND   0 0 1,190
ALPINE GLOBAL PREMIER PPTYS COM SBI 02083A103 190 33,900 SH   DFND   0 0 33,900
ALPINE TOTAL DYNAMIC DIVID F COM SH BEN INT N 021060207 141 18,800 SH   DFND   0 0 18,800
ALTRIA GROUP INC COM 02209S103 206 3,281 SH   DFND   0 0 3,281
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 172 10,345 SH   DFND   0 0 10,345
APPLE INC COM 037833100 1,966 24,477 SH   DFND   0 0 24,477
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 141 13,800 SH   DFND   0 0 13,800
AT&T INC COM 00206R102 477 12,170 SH   DFND   0 0 12,170
ATHENAHEALTH INC COM 04685W103 440 3,168 SH   DFND   0 0 3,168
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,629 17 SH   DFND   0 0 17
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,661 11,705 SH   DFND   0 0 11,705
BLACKROCK RES & COMM STRAT T SHS 09257A108 141 19,500 SH   DFND   0 0 19,500
BOULDER GROWTH & INCOME FD I COM 101507101 203 25,800 SH   DFND   0 0 25,800
BRISTOL MYERS SQUIBB CO COM 110122108 206 3,226 SH   DFND   0 0 3,226
BROOKFIELD GLOBL LISTED INFR COM SHS 11273Q109 184 16,200 SH   DFND   0 0 16,200
CALAMOS GBL DYN INCOME FUND COM 12811L107 193 27,400 SH   DFND   0 0 27,400
CALPINE CORP COM NEW 131347304 1,221 80,500 SH   DFND   0 0 80,500
CISCO SYS INC COM 17275R102 861 30,235 SH   DFND   0 0 30,235
CLAYMORE EXCHANGE TRD FD TR GUGG TIMBER ETF 18383Q879 333 14,427 SH   DFND   0 0 14,427
CLOUGH GLOBAL OPPORTUNITIES SH BEN INT 18914E106 166 17,300 SH   DFND   0 0 17,300
CONSOLIDATED EDISON INC COM 209115104 291 3,800 SH   DFND   0 0 3,800
COPART INC COM 217204106 584 14,333 SH   DFND   0 0 14,333
CUSHING RENAISSANCE FD COM 231647108 175 12,500 SH   DFND   0 0 12,500
DECKERS OUTDOOR CORP COM 243537107 303 5,053 SH   DFND   0 0 5,053
DELAWARE ENHANCED GBL DIV & COM 246060107 174 19,000 SH   DFND   0 0 19,000
DIVIDEND & INCOME FUND COM NEW 25538A204 192 17,200 SH   DFND   0 0 17,200
DUFF & PHELPS GLB UTL INC FD COM 26433C105 369 23,200 SH   DFND   0 0 23,200
DUKE REALTY CORP COM NEW 264411505 682 30,271 SH   DFND   0 0 30,271
EBAY INC COM 278642103 404 16,931 SH   DFND   0 0 16,931
ENTERPRISE PRODS PARTNERS L COM 293792107 200 8,140 SH   DFND   0 0 8,140
EXXON MOBIL CORP COM 30231G102 389 4,655 SH   DFND   0 0 4,655
FIDELITY NATL INFORMATION SV COM 31620M106 341 5,388 SH   DFND   0 0 5,388
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 1,868 141,550 SH   DFND   0 0 141,550
GDL FUND COM SH BEN IT 361570104 344 34,300 SH   DFND   0 0 34,300
GENERAL ELECTRIC CO COM 369604103 225 7,082 SH   DFND   0 0 7,082
HARRIS & HARRIS GROUP INC COM 413833104 65 39,141 SH   DFND   0 0 39,141
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 277 13,908 SH   DFND   0 0 13,908
INNERWORKINGS INC COM 45773Y105 86 10,849 SH   DFND   0 0 10,849
INOVIO PHARMACEUTICALS INC COM NEW 45773H201 640 73,500 SH   DFND   0 0 73,500
INTERNATIONAL BUSINESS MACHS COM 459200101 245 1,614 SH   DFND   0 0 1,614
ISHARES TR S&P 100 ETF 464287101 4,534 49,627 SH   DFND   0 0 49,627
ISHARES TR SELECT DIVID ETF 464287168 3,391 41,520 SH   DFND   0 0 41,520
ISHARES TR CORE S&P500 ETF 464287200 3,072 14,866 SH   DFND   0 0 14,866
ISHARES TR CORE US AGGBD ET 464287226 582 5,254 SH   DFND   0 0 5,254
ISHARES TR MSCI EMG MKT ETF 464287234 1,582 46,192 SH   DFND   0 0 46,192
ISHARES TR MSCI EAFE ETF 464287465 290 5,079 SH   DFND   0 0 5,079
ISHARES TR RUS MID-CAP ETF 464287499 9,682 59,428 SH   DFND   0 0 59,428
ISHARES TR RUS 1000 VAL ETF 464287598 4,306 43,577 SH   DFND   0 0 43,577
ISHARES TR RUS 1000 GRW ETF 464287614 2,811 28,168 SH   DFND   0 0 28,168
ISHARES TR RUS 1000 ETF 464287622 14,789 129,647 SH   DFND   0 0 129,647
ISHARES TR RUS 2000 GRW ETF 464287648 1,051 7,926 SH   DFND   0 0 7,926
ISHARES TR RUSSELL 2000 ETF 464287655 5,396 48,776 SH   DFND   0 0 48,776
ISHARES TR CORE US VAL ETF 464287663 246 1,914 SH   DFND   0 0 1,914
ISHARES TR RUSSELL 3000 ETF 464287689 1,544 12,776 SH   DFND   0 0 12,776
ISHARES TR U.S. ENERGY ETF 464287796 1,326 38,126 SH   DFND   0 0 38,126
ISHARES TR CORE S&P SCP ETF 464287804 6,323 56,166 SH   DFND   0 0 56,166
ISHARES TR EUROPE ETF 464287861 4,200 107,379 SH   DFND   0 0 107,379
ISHARES TR MSCI AC ASIA ETF 464288182 1,625 29,737 SH   DFND   0 0 29,737
ISHARES TR MSCI ACWI EX US 464288240 1,337 33,871 SH   DFND   0 0 33,871
ISHARES TR U.S. PFD STK ETF 464288687 222 5,700 SH   DFND   0 0 5,700
ISHARES TR CORE MSCI EURO 46434V738 3,725 90,670 SH   DFND   0 0 90,670
JOHNSON & JOHNSON COM 478160104 473 4,374 SH   DFND   0 0 4,374
JPMORGAN CHASE & CO COM 46625H100 525 8,868 SH   DFND   0 0 8,868
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 5,063 186,898 SH   DFND   0 0 186,898
KELLOGG CO COM 487836108 696 9,093 SH   DFND   0 0 9,093
KINDER MORGAN INC DEL COM 49456B101 967 54,170 SH   DFND   0 0 54,170
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 5 140,000 SH   DFND   0 0 140,000
KOPIN CORP COM 500600101 294 177,000 SH   DFND   0 0 177,000
LAZARD WORLD DIVID & INCOME COM 521076109 183 20,300 SH   DFND   0 0 20,300
LEGG MASON BW GLB INC OPP FD COM 52469B100 204 16,500 SH   DFND   0 0 16,500
LEXICON PHARMACEUTICALS INC COM NEW 528872302 258 21,611 SH   DFND   0 0 21,611
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 143 28,700 SH   DFND   0 0 28,700
MADISON SQUARE GARDEN CO NEW CL A 55825T103 414 2,487 SH   DFND   0 0 2,487
MARKET VECTORS ETF TR EMKT HIYLD BD 57061R403 690 30,087 SH   DFND   0 0 30,087
MOLSON COORS BREWING CO CL B 60871R209 446 4,638 SH   DFND   0 0 4,638
MORGAN STANLEY EMER MKTS DEB COM 61744H105 310 35,300 SH   DFND   0 0 35,300
NEW MTN FIN CORP COM 647551100 14,443 1,142,617 SH   DFND   0 0 1,142,617
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 455 8,238 SH   DFND   0 0 8,238
NUVEEN REAL ASSET INC & GROW COM 67074Y105 180 11,700 SH   DFND   0 0 11,700
PEOPLES UNITED FINANCIAL INC COM 712704105 161 10,135 SH   DFND   0 0 10,135
PFIZER INC COM 717081103 743 25,057 SH   DFND   0 0 25,057
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 225 2,130 SH   DFND   0 0 2,130
PIONEER FLOATING RATE TR COM 72369J102 1,558 139,263 SH   DFND   0 0 139,263
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 87 10,000 SH   DFND   0 0 10,000
PRINCIPAL REAL ESTATE INCOME SHS BEN INT 74255X104 172 10,400 SH   DFND   0 0 10,400
PROCTER & GAMBLE CO COM 742718109 685 8,322 SH   DFND   0 0 8,322
RETROPHIN INC COM 761299106 820 60,000 SH   DFND   0 0 60,000
RMR REAL ESTATE INCOME FUND COM 76970B101 322 16,700 SH   DFND   0 0 16,700
ROYCE GLOBAL VALUE TR INC COM 78081T104 181 24,600 SH   DFND   0 0 24,600
ROYCE VALUE TR INC COM 780910105 144 12,270 SH   DFND   0 0 12,270
SEACOR HOLDINGS INC COM 811904101 236 4,341 SH   DFND   0 0 4,341
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,794 13,595 SH   DFND   0 0 13,595
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3,384 12,880 SH   DFND   0 0 12,880
SPROTT FOCUS TR INC COM 85208J109 199 32,600 SH   DFND   0 0 32,600
STONE HBR EMERG MKTS TL INC COM 86164W100 155 12,532 SH   DFND   0 0 12,532
TEKLA WORLD HEALTHCARE FD BEN INT SHS 87911L108 164 11,700 SH   DFND   0 0 11,700
TELIGENT INC NEW COM 87960W104 76 15,577 SH   DFND   0 0 15,577
UBS AG LONDON BRH ETRAC ALER MLP 90267B682 8,357 491,884 SH   DFND   0 0 491,884
UNION PAC CORP COM 907818108 386 4,856 SH   DFND   0 0 4,856
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 255 1,351 SH   DFND   0 0 1,351
VANGUARD INDEX FDS REIT ETF 922908553 5,169 61,682 SH   DFND   0 0 61,682
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 3,546 82,169 SH   DFND   0 0 82,169
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,883 54,440 SH   DFND   0 0 54,440
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 705 8,810 SH   DFND   0 0 8,810
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,512 97,882 SH   DFND   0 0 97,882
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 983 7,267 SH   DFND   0 0 7,267
VOYA INFRASTRUCTURE INDLS & COM 92912X101 131 10,500 SH   DFND   0 0 10,500
WESTERN ASSET EMRG MKT INCM COM 95766E103 281 27,400 SH   DFND   0 0 27,400
WESTERN ASSET WORLDWIDE INCO COM 957668106 183 17,600 SH   DFND   0 0 17,600
WISDOMTREE TR LARGECAP DIVID 97717W307 434 5,910 SH   DFND   0 0 5,910
WISDOMTREE TR WSDM EMKTBD FD 97717X784 991 14,760 SH   DFND   0 0 14,760
ZOETIS INC CL A 98978V103 697 15,721 SH   DFND   0 0 15,721