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
3M CO COM 88579Y101 655 3,421 SH   DFND   0 0 3,421
ABB LTD SPONSORED ADR 000375204 236 10,095 SH   DFND   0 0 10,095
ABBVIE INC COM 00287Y109 212 3,257 SH   DFND   0 0 3,257
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 272 2,266 SH   DFND   0 0 2,266
ADVANCE AUTO PARTS INC COM 00751Y106 229 1,543 SH   DFND   0 0 1,543
ALPHABET INC CAP STK CL A 02079K305 495 584 SH   DFND   0 0 584
ALTRIA GROUP INC COM 02209S103 267 3,735 SH   DFND   0 0 3,735
AMAZON COM INC COM 023135106 621 701 SH   DFND   0 0 701
APPLE INC COM 037833100 1,377 9,587 SH   DFND   0 0 9,587
ARES CAP CORP COM 04010L103 177 10,186 SH   DFND   0 0 10,186
AT&T INC COM 00206R102 518 12,469 SH   DFND   0 0 12,469
ATHENAHEALTH INC COM 04685W103 357 3,168 SH   DFND   0 0 3,168
BCE INC COM NEW 05534B760 215 4,860 SH   DFND   0 0 4,860
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,757 34,540 SH   DFND   0 0 34,540
CALPINE CORP COM NEW 131347304 890 80,500 SH   DFND   0 0 80,500
CF INDS HLDGS INC COM 125269100 294 10,000 SH   DFND   0 0 10,000
CISCO SYS INC COM 17275R102 596 17,643 SH   DFND   0 0 17,643
CLAYMORE EXCHANGE TRD FD TR GUGG MSCI GB ETF 18383Q879 380 14,427 SH   DFND   0 0 14,427
COCA COLA CO COM 191216100 398 9,385 SH   DFND   0 0 9,385
CONSOLIDATED EDISON INC COM 209115104 228 2,935 SH   DFND   0 0 2,935
COPART INC COM 217204106 248 4,006 SH   DFND   0 0 4,006
CROWN HOLDINGS INC COM 228368106 239 4,522 SH   DFND   0 0 4,522
DUKE REALTY CORP COM NEW 264411505 743 28,271 SH   DFND   0 0 28,271
EBAY INC COM 278642103 259 7,707 SH   DFND   0 0 7,707
ENTERPRISE PRODS PARTNERS L COM 293792107 461 16,705 SH   DFND   0 0 16,705
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 244 3,175 SH   DFND   0 0 3,175
EXXON MOBIL CORP COM 30231G102 580 7,068 SH   DFND   0 0 7,068
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 2,742 132,445 SH   DFND   0 0 132,445
FS INVT CORP COM 302635107 145 14,820 SH   DFND   0 0 14,820
GENERAL MTRS CO COM 37045V100 236 6,677 SH   DFND   0 0 6,677
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 238 5,637 SH   DFND   0 0 5,637
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 163 21,000 SH   DFND   0 0 21,000
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 257 14,800 SH   DFND   0 0 14,800
HOME DEPOT INC COM 437076102 208 1,416 SH   DFND   0 0 1,416
INNERWORKINGS INC COM 45773Y105 130 13,056 SH   DFND   0 0 13,056
INOVIO PHARMACEUTICALS INC COM NEW 45773H201 857 129,500 SH   DFND   0 0 129,500
INTERNATIONAL BUSINESS MACHS COM 459200101 340 1,953 SH   DFND   0 0 1,953
ISHARES MSCI PAC JP ETF 464286665 6,247 139,786 SH   DFND   0 0 139,786
ISHARES TR CORE MSCI EURO 46434V738 2,814 63,995 SH   DFND   0 0 63,995
ISHARES TR CORE S&P SCP ETF 464287804 8,839 127,806 SH   DFND   0 0 127,806
ISHARES TR CORE S&P500 ETF 464287200 24,071 101,450 SH   DFND   0 0 101,450
ISHARES TR CORE US AGGBD ET 464287226 603 5,562 SH   DFND   0 0 5,562
ISHARES TR EUROPE ETF 464287861 8,655 206,814 SH   DFND   0 0 206,814
ISHARES TR INTL SEL DIV ETF 464288448 889 28,260 SH   DFND   0 0 28,260
ISHARES TR JP MOR EM MK ETF 464288281 227 1,998 SH   DFND   0 0 1,998
ISHARES TR MSCI AC ASIA ETF 464288182 1,142 18,145 SH   DFND   0 0 18,145
ISHARES TR MSCI ACWI EX US 464288240 838 19,203 SH   DFND   0 0 19,203
ISHARES TR MSCI EAFE ETF 464287465 251 4,034 SH   DFND   0 0 4,034
ISHARES TR MSCI EMG MKT ETF 464287234 201 5,114 SH   DFND   0 0 5,114
ISHARES TR RUS 1000 ETF 464287622 15,717 119,752 SH   DFND   0 0 119,752
ISHARES TR RUS 1000 GRW ETF 464287614 3,320 29,174 SH   DFND   0 0 29,174
ISHARES TR RUS 1000 VAL ETF 464287598 4,563 39,699 SH   DFND   0 0 39,699
ISHARES TR RUS 2000 GRW ETF 464287648 3,584 22,173 SH   DFND   0 0 22,173
ISHARES TR RUS MID CAP ETF 464287499 22,044 117,772 SH   DFND   0 0 117,772
ISHARES TR RUSSELL 2000 ETF 464287655 13,218 96,144 SH   DFND   0 0 96,144
ISHARES TR RUSSELL 3000 ETF 464287689 1,560 11,148 SH   DFND   0 0 11,148
ISHARES TR S&P 100 ETF 464287101 5,171 49,389 SH   DFND   0 0 49,389
ISHARES TR SELECT DIVID ETF 464287168 3,687 40,472 SH   DFND   0 0 40,472
ISHARES TR U.S. AER&DEF ETF 464288760 8,619 57,954 SH   DFND   0 0 57,954
ISHARES TR U.S. ENERGY ETF 464287796 439 11,387 SH   DFND   0 0 11,387
ISHARES TR U.S. FIN SVC ETF 464287770 8,205 75,207 SH   DFND   0 0 75,207
ISHARES TR U.S. PFD STK ETF 464288687 221 5,700 SH   DFND   0 0 5,700
ISHARES TR U.S. PHARMA ETF 464288836 7,363 48,783 SH   DFND   0 0 48,783
JOHNSON & JOHNSON COM 478160104 596 4,782 SH   DFND   0 0 4,782
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 26,211 811,474 SH   DFND   0 0 811,474
JPMORGAN CHASE & CO COM 46625H100 776 8,840 SH   DFND   0 0 8,840
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 0 140,029 SH   DFND   0 0 140,029
KINDER MORGAN INC DEL COM 49456B101 1,178 54,189 SH   DFND   0 0 54,189
KOPIN CORP COM 500600101 726 177,000 SH   DFND   0 0 177,000
LEXICON PHARMACEUTICALS INC COM NEW 528872302 310 21,611 SH   DFND   0 0 21,611
MEDTRONIC PLC SHS G5960L103 356 4,424 SH   DFND   0 0 4,424
MOLSON COORS BREWING CO CL B 60871R209 263 2,746 SH   DFND   0 0 2,746
MOTOROLA SOLUTIONS INC COM NEW 620076307 368 4,267 SH   DFND   0 0 4,267
NEW MTN FIN CORP COM 647551100 15,797 1,060,169 SH   DFND   0 0 1,060,169
NIKE INC CL B 654106103 202 3,629 SH   DFND   0 0 3,629
PFIZER INC COM 717081103 631 18,449 SH   DFND   0 0 18,449
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,044 44,900 SH   DFND   0 0 44,900
PROSHARES TR II PROSHS SHT EUR 74347W742 742 16,664 SH   DFND   0 0 16,664
PUBLIC SVC ENTERPRISE GROUP COM 744573106 215 4,859 SH   DFND   0 0 4,859
QUALCOMM INC COM 747525103 234 4,088 SH   DFND   0 0 4,088
REGAL ENTMT GROUP CL A 758766109 202 8,940 SH   DFND   0 0 8,940
RETROPHIN INC COM 761299106 923 50,000 SH   DFND   0 0 50,000
RITE AID CORP COM 767754104 54 12,680 SH   DFND   0 0 12,680
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 257 4,605 SH   DFND   0 0 4,605
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 633 12,004 SH   DFND   0 0 12,004
SANCHEZ ENERGY CORP COM 79970Y105 995 104,300 SH   DFND   0 0 104,300
SANOFI SPONSORED ADR 80105N105 217 4,805 SH   DFND   0 0 4,805
SCHLUMBERGER LTD COM 806857108 214 2,745 SH   DFND   0 0 2,745
SCHWAB CHARLES CORP NEW COM 808513105 200 4,913 SH   DFND   0 0 4,913
SKYWORKS SOLUTIONS INC COM 83088M102 220 2,243 SH   DFND   0 0 2,243
SPDR GOLD TRUST GOLD SHS 78463V107 303 2,550 SH   DFND   0 0 2,550
SPDR S&P 500 ETF TR TR UNIT 78462F103 4,155 17,627 SH   DFND   0 0 17,627
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3,299 10,561 SH   DFND   0 0 10,561
SPDR SERIES TRUST S&P PHARMAC 78464A722 221 5,290 SH   DFND   0 0 5,290
SPDR SERIES TRUST S&P REGL BKG 78464A698 242 4,440 SH   DFND   0 0 4,440
SPECTRA ENERGY PARTNERS LP COM 84756N109 243 5,561 SH   DFND   0 0 5,561
TELIGENT INC NEW COM 87960W104 152 19,478 SH   DFND   0 0 19,478
UBS AG LONDON BRH ETRAC ALER MLP 90267B682 4,416 217,418 SH   DFND   0 0 217,418
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 307 3,791 SH   DFND   0 0 3,791
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 547 5,478 SH   DFND   0 0 5,478
VANGUARD INDEX FDS REIT ETF 922908553 475 5,746 SH   DFND   0 0 5,746
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 17,819 372,540 SH   DFND   0 0 372,540
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 852 21,462 SH   DFND   0 0 21,462
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 682 8,550 SH   DFND   0 0 8,550
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 14,383 365,967 SH   DFND   0 0 365,967
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 625 4,447 SH   DFND   0 0 4,447
VERIZON COMMUNICATIONS INC COM 92343V104 263 5,398 SH   DFND   0 0 5,398
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 225 8,497 SH   DFND   0 0 8,497
WALGREENS BOOTS ALLIANCE INC COM 931427108 308 3,712 SH   DFND   0 0 3,712
WEYERHAEUSER CO COM 962166104 231 6,792 SH   DFND   0 0 6,792