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
180 DEGREE CAP CORP COM 68235B109 146 90,302 SH   DFND   0 0 90,302
3M CO COM 88579Y101 721 3,463 SH   DFND   0 0 3,463
ABBVIE INC COM 00287Y109 229 3,155 SH   DFND   0 0 3,155
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 327 2,647 SH   DFND   0 0 2,647
ADVANCE AUTO PARTS INC COM 00751Y106 271 2,327 SH   DFND   0 0 2,327
ALBANY MOLECULAR RESH INC COM 012423109 205 9,425 SH   DFND   0 0 9,425
ALPHABET INC CAP STK CL A 02079K305 526 566 SH   DFND   0 0 566
ALTRIA GROUP INC COM 02209S103 308 4,140 SH   DFND   0 0 4,140
AMAZON COM INC COM 023135106 706 729 SH   DFND   0 0 729
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 184 15,310 SH   DFND   0 0 15,310
APPLE INC COM 037833100 1,509 10,481 SH   DFND   0 0 10,481
ARES CAP CORP COM 04010L103 167 10,225 SH   DFND   0 0 10,225
AT&T INC COM 00206R102 565 14,981 SH   DFND   0 0 14,981
ATHENAHEALTH INC COM 04685W103 445 3,168 SH   DFND   0 0 3,168
BCE INC COM NEW 05534B760 219 4,860 SH   DFND   0 0 4,860
BERKSHIRE HATHAWAY INC DEL CL A 084670108 255 1 SH   DFND   0 0 1
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,020 35,546 SH   DFND   0 0 35,546
BOEING CO COM 097023105 217 1,097 SH   DFND   0 0 1,097
BRISTOL MYERS SQUIBB CO COM 110122108 224 4,018 SH   DFND   0 0 4,018
CALPINE CORP COM NEW 131347304 1,089 80,500 SH   DFND   0 0 80,500
CF INDS HLDGS INC COM 125269100 280 10,000 SH   DFND   0 0 10,000
CISCO SYS INC COM 17275R102 547 17,463 SH   DFND   0 0 17,463
CLAYMORE EXCHANGE TRD FD TR GUGG MSCI GB ETF 18383Q879 412 14,427 SH   DFND   0 0 14,427
COCA COLA CO COM 191216100 509 11,351 SH   DFND   0 0 11,351
CROWN HOLDINGS INC COM 228368106 364 6,103 SH   DFND   0 0 6,103
DUKE REALTY CORP COM NEW 264411505 790 28,271 SH   DFND   0 0 28,271
DXC TECHNOLOGY CO COM 23355L106 247 3,214 SH   DFND   0 0 3,214
EBAY INC COM 278642103 291 8,323 SH   DFND   0 0 8,323
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 197 10,980 SH   DFND   0 0 10,980
ENTERPRISE PRODS PARTNERS L COM 293792107 611 22,570 SH   DFND   0 0 22,570
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 293 3,925 SH   DFND   0 0 3,925
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 274 14,175 SH   DFND   0 0 14,175
EXXON MOBIL CORP COM 30231G102 560 6,942 SH   DFND   0 0 6,942
FNB CORP PA COM 302520101 172 12,155 SH   DFND   0 0 12,155
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 2,066 132,445 SH   DFND   0 0 132,445
FS INVT CORP COM 302635107 136 14,820 SH   DFND   0 0 14,820
GENERAL MTRS CO COM 37045V100 252 7,212 SH   DFND   0 0 7,212
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 118 21,000 SH   DFND   0 0 21,000
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 161 14,800 SH   DFND   0 0 14,800
HOME DEPOT INC COM 437076102 291 1,899 SH   DFND   0 0 1,899
INNERWORKINGS INC COM 45773Y105 150 12,939 SH   DFND   0 0 12,939
INOVIO PHARMACEUTICALS INC COM NEW 45773H201 1,015 129,500 SH   DFND   0 0 129,500
INTEL CORP COM 458140100 249 7,376 SH   DFND   0 0 7,376
INTERNATIONAL BUSINESS MACHS COM 459200101 321 2,088 SH   DFND   0 0 2,088
ISHARES MSCI PAC JP ETF 464286665 6,214 139,705 SH   DFND   0 0 139,705
ISHARES TR CORE MSCI EURO 46434V738 2,061 43,977 SH   DFND   0 0 43,977
ISHARES TR CORE S&P SCP ETF 464287804 8,950 127,656 SH   DFND   0 0 127,656
ISHARES TR CORE S&P500 ETF 464287200 27,031 111,050 SH   DFND   0 0 111,050
ISHARES TR CORE US AGGBD ET 464287226 458 4,185 SH   DFND   0 0 4,185
ISHARES TR EUROPE ETF 464287861 9,240 208,492 SH   DFND   0 0 208,492
ISHARES TR INTL SEL DIV ETF 464288448 962 29,413 SH   DFND   0 0 29,413
ISHARES TR JP MOR EM MK ETF 464288281 228 1,998 SH   DFND   0 0 1,998
ISHARES TR MSCI AC ASIA ETF 464288182 1,224 18,153 SH   DFND   0 0 18,153
ISHARES TR MSCI ACWI EX US 464288240 880 19,302 SH   DFND   0 0 19,302
ISHARES TR MSCI EMG MKT ETF 464287234 324 7,839 SH   DFND   0 0 7,839
ISHARES TR RUS 1000 ETF 464287622 14,642 108,245 SH   DFND   0 0 108,245
ISHARES TR RUS 1000 GRW ETF 464287614 3,081 25,884 SH   DFND   0 0 25,884
ISHARES TR RUS 1000 VAL ETF 464287598 3,850 33,071 SH   DFND   0 0 33,071
ISHARES TR RUS 2000 GRW ETF 464287648 4,107 24,333 SH   DFND   0 0 24,333
ISHARES TR RUS MID CAP ETF 464287499 21,324 111,001 SH   DFND   0 0 111,001
ISHARES TR RUSSELL 2000 ETF 464287655 13,347 94,714 SH   DFND   0 0 94,714
ISHARES TR RUSSELL 3000 ETF 464287689 1,606 11,148 SH   DFND   0 0 11,148
ISHARES TR S&P 100 ETF 464287101 4,767 44,589 SH   DFND   0 0 44,589
ISHARES TR SELECT DIVID ETF 464287168 3,220 34,922 SH   DFND   0 0 34,922
ISHARES TR U.S. AER&DEF ETF 464288760 227 1,443 SH   DFND   0 0 1,443
ISHARES TR U.S. ENERGY ETF 464287796 518 14,601 SH   DFND   0 0 14,601
ISHARES TR U.S. FIN SVC ETF 464287770 7,538 66,488 SH   DFND   0 0 66,488
ISHARES TR U.S. PFD STK ETF 464288687 223 5,700 SH   DFND   0 0 5,700
ISHARES TR U.S. PHARMA ETF 464288836 6,937 44,719 SH   DFND   0 0 44,719
JOHNSON & JOHNSON COM 478160104 743 5,620 SH   DFND   0 0 5,620
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 26,164 880,956 SH   DFND   0 0 880,956
JPMORGAN CHASE & CO COM 46625H100 829 9,069 SH   DFND   0 0 9,069
KELLOGG CO COM 487836108 200 2,886 SH   DFND   0 0 2,886
KINDER MORGAN INC DEL COM 49456B101 1,089 56,849 SH   DFND   0 0 56,849
KOPIN CORP COM 500600101 657 177,000 SH   DFND   0 0 177,000
LEXICON PHARMACEUTICALS INC COM NEW 528872302 356 21,611 SH   DFND   0 0 21,611
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 68 12,073 SH   DFND   0 0 12,073
MEDTRONIC PLC SHS G5960L103 460 5,183 SH   DFND   0 0 5,183
MICROSOFT CORP COM 594918104 311 4,505 SH   DFND   0 0 4,505
MOLSON COORS BREWING CO CL B 60871R209 418 4,840 SH   DFND   0 0 4,840
MOTOROLA SOLUTIONS INC COM NEW 620076307 385 4,436 SH   DFND   0 0 4,436
NEW MTN FIN CORP COM 647551100 18,921 1,300,398 SH   DFND   0 0 1,300,398
NIKE INC CL B 654106103 241 4,089 SH   DFND   0 0 4,089
PFIZER INC COM 717081103 480 14,303 SH   DFND   0 0 14,303
POLYONE CORP COM 73179P106 405 10,451 SH   DFND   0 0 10,451
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,068 46,155 SH   DFND   0 0 46,155
PPG INDS INC COM 693506107 252 2,296 SH   DFND   0 0 2,296
PUBLIC SVC ENTERPRISE GROUP COM 744573106 205 4,760 SH   DFND   0 0 4,760
QUALCOMM INC COM 747525103 215 3,895 SH   DFND   0 0 3,895
REGAL ENTMT GROUP CL A 758766109 231 11,295 SH   DFND   0 0 11,295
RETROPHIN INC COM 761299106 679 35,000 SH   DFND   0 0 35,000
RITE AID CORP COM 767754104 52 17,470 SH   DFND   0 0 17,470
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 251 4,605 SH   DFND   0 0 4,605
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 638 12,004 SH   DFND   0 0 12,004
SANCHEZ ENERGY CORP COM 79970Y105 1,000 139,300 SH   DFND   0 0 139,300
SANOFI SPONSORED ADR 80105N105 230 4,805 SH   DFND   0 0 4,805
SCHLUMBERGER LTD COM 806857108 236 3,581 SH   DFND   0 0 3,581
SCHWAB CHARLES CORP NEW COM 808513105 203 4,724 SH   DFND   0 0 4,724
SPDR GOLD TRUST GOLD SHS 78463V107 301 2,550 SH   DFND   0 0 2,550
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,755 15,530 SH   DFND   0 0 15,530
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 2,931 9,227 SH   DFND   0 0 9,227
SPDR SERIES TRUST S&P PHARMAC 78464A722 201 4,680 SH   DFND   0 0 4,680
TELIGENT INC NEW COM 87960W104 166 18,174 SH   DFND   0 0 18,174
UBS AG LONDON BRH ETRAC ALER MLP 90267B682 4,601 245,502 SH   DFND   0 0 245,502
UNITED PARCEL SERVICE INC CL B 911312106 329 2,978 SH   DFND   0 0 2,978
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 273 3,341 SH   DFND   0 0 3,341
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1,045 10,213 SH   DFND   0 0 10,213
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 19,094 381,657 SH   DFND   0 0 381,657
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 963 23,595 SH   DFND   0 0 23,595
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 15,352 371,531 SH   DFND   0 0 371,531
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 627 4,447 SH   DFND   0 0 4,447
VERIZON COMMUNICATIONS INC COM 92343V104 236 5,290 SH   DFND   0 0 5,290
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 244 8,497 SH   DFND   0 0 8,497
WALGREENS BOOTS ALLIANCE INC COM 931427108 227 2,895 SH   DFND   0 0 2,895
WEYERHAEUSER CO COM 962166104 228 6,792 SH   DFND   0 0 6,792
WHIRLPOOL CORP COM 963320106 268 1,396 SH   DFND   0 0 1,396