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
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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
AIRGAS INC COM 009363102 1,790 12,940 SH   SOLE   12,940 0 0
ALTRIA GROUP INC COM 02209S103 649 11,150 SH   SOLE   11,150 0 0
BAKER HUGHES INC COM 057224107 786 17,013 SH   SOLE   17,013 0 0
BANK AMER CORP COM 060505104 474 28,147 SH   SOLE   28,147 0 0
BERRY PLASTICS GROUP INC COM 08579W103 628 17,354 SH   SOLE   17,354 0 0
BIOMED REALTY TRUST INC COM 09063H107 2,487 105,000 SH   SOLE   105,000 0 0
BROADCOM CORP CL A 111320107 3,907 67,571 SH   SOLE   67,571 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 2,153 67,500 SH   SOLE   67,500 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 2,699 42,713 SH   SOLE   42,713 0 0
CHUBB CORP COM 171232101 1,347 10,159 SH   SOLE   10,159 0 0
E M C CORP MASS COM 268648102 1,894 73,751 SH   SOLE   73,751 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 313 10,568 SH   SOLE   10,568 0 0
EP ENERGY CORP CL A 268785102 876 200,000 SH   SOLE   200,000 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 1,677 154,570 SH   SOLE   154,570 0 0
GENERAL ELECTRIC CO COM 369604103 1,153 37,024 SH   SOLE   37,024 0 0
ISHARES TR TIPS BD ETF 464287176 15,195 138,540 SH   SOLE   138,540 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 8,600 267,168 SH   SOLE   267,168 0 0
ISHARES TR MSCI EAFE ETF 464287465 51,643 879,043 SH   SOLE   879,043 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 12,883 131,648 SH   SOLE   131,648 0 0
ISHARES TR MSCI ACWI ETF 464288257 56,516 1,012,469 SH   SOLE   1,012,469 0 0
ISHARES TR U.S. PFD STK ETF 464288687 1,478 38,045 SH   SOLE   38,045 0 0
JARDEN CORP COM 471109108 2,285 40,000 SH   SOLE   40,000 0 0
KEURIG GREEN MTN INC COM 49271M100 1,691 18,790 SH   SOLE   18,790 0 0
KLA-TENCOR CORP COM 482480100 1,548 22,320 SH   SOLE   22,320 0 0
MARATHON PETE CORP COM 56585A102 674 13,001 SH   SOLE   13,001 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 7,907 576,308 SH   SOLE   576,308 0 0
MGM RESORTS INTERNATIONAL COM 552953101 690 30,340 SH   SOLE   30,340 0 0
MICROSOFT CORP COM 594918104 679 12,249 SH   SOLE   12,249 0 0
MOLSON COORS BREWING CO CL B 60871R209 1,887 20,096 SH   SOLE   20,096 0 0
NIKE INC CL B 654106103 813 13,000 SH   SOLE   13,000 0 0
NIKE INC CL B 654106103 1,250 20,000 SH Call SOLE   20,000 0 0
NXP SEMICONDUCTORS N V COM N6596X109 1,289 15,300 SH   SOLE   15,300 0 0
OLIN CORP COM PAR $1 680665205 414 24,000 SH   SOLE   24,000 0 0
PEPCO HOLDINGS INC COM 713291102 1,231 47,328 SH   SOLE   47,328 0 0
PLUM CREEK TIMBER CO INC COM 729251108 2,212 46,350 SH   SOLE   46,350 0 0
PRECISION CASTPARTS CORP COM 740189105 2,825 12,178 SH   SOLE   12,178 0 0
QUESTAR CORP COM 748356102 279 14,323 SH   SOLE   14,323 0 0
RITE AID CORP COM 767754104 1,439 183,500 SH   SOLE   183,500 0 0
SAGE THERAPEUTICS INC COM 78667J108 888 41,986 SH   SOLE   41,986 0 0
SANDISK CORP COM 80004C101 1,607 21,144 SH   SOLE   21,144 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 19,425 320,807 SH   SOLE   320,807 0 0
SOLERA HOLDINGS INC COM 83421A104 548 10,000 SH   SOLE   10,000 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 4,651 118,899 SH   SOLE   118,899 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 25,616 125,638 SH   SOLE   125,638 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 1,645 23,750 SH   SOLE   23,750 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 656 10,000 SH   SOLE   10,000 0 0
TIME WARNER CABLE INC COM 88732J207 3,433 18,500 SH   SOLE   18,500 0 0
UTI WORLDWIDE INC ORD G87210103 651 92,630 SH   SOLE   92,630 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 7,369 91,241 SH   SOLE   91,241 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 7,496 141,751 SH   SOLE   141,751 0 0
VANGUARD INDEX FDS REIT ETF 922908553 3,188 39,980 SH   SOLE   39,980 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 6,709 131,300 SH   SOLE   131,300 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3,306 101,080 SH   SOLE   101,080 0 0
WESTERN UN CO COM 959802109 255 14,238 SH   SOLE   14,238 0 0
WHITEWAVE FOODS CO COM 966244105 650 16,710 SH   SOLE   16,710 0 0
WILLIAMS COS INC DEL COM 969457100 2,904 112,980 SH   SOLE   112,980 0 0
WISDOMTREE TR ITL HDG QTLY DIV 97717X594 1,959 74,127 SH   SOLE   74,127 0 0
YOUKU TUDOU INC SPONSORED ADR 98742U100 822 30,300 SH   SOLE   30,300 0 0
ZOETIS INC CL A 98978V103 507 10,580 SH   SOLE   10,580 0 0