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
ALPS ETF TR C&S GLOBL ETF 00162Q106 2 60 SH   SOLE   0 0 60
BLDRS INDEX FDS TR DEV MK 100 ADR 09348R201 1,280 53,956 SH   SOLE   0 0 53,956
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 118 3,204 SH   SOLE   0 0 3,204
CLAYMORE EXCHANGE TRD FD TR GUGG BRIC ETF 18383M100 8,501 241,156 SH   SOLE   0 0 241,156
DIREXION SHS ETF TR TL BD MKT BEAR 25459Y306 1 15 SH   SOLE   0 0 15
DIREXION SHS ETF TR DLY FIN BULL NEW 25459Y694 1 11 SH   SOLE   0 0 11
ISHARES INC MSCI BRIC INDX 464286657 26 694 SH   SOLE   0 0 694
ISHARES TR LRGE GRW INDX 464287119 13 145 SH   SOLE   0 0 145
ISHARES TR LRGE CORE INDX 464287127 56 566 SH   SOLE   0 0 566
ISHARES TR BARCLYS TIPS BD 464287176 112,407 998,468 SH   SOLE   0 0 998,468
ISHARES CORE S&P500 ETF 464287200 24 144 SH   SOLE   0 0 144
ISHARES CORE TOTUSBD ETF 464287226 11 99 SH   SOLE   0 0 99
ISHARES TR MSCI EMERG MKT 464287234 4,145 101,695 SH   SOLE   0 0 101,695
ISHARES TR S&P500 GRW 464287309 8,166 91,386 SH   SOLE   0 0 91,386
ISHARES TR S&P 500 VALUE 464287408 7,645 97,614 SH   SOLE   0 0 97,614
ISHARES 20+ YR TR BD ETF 464287432 82 773 SH   SOLE   0 0 773
ISHARES TR BARCLYS 7-10 YR 464287440 32,751 320,742 SH   SOLE   0 0 320,742
ISHARES TR BARCLYS 1-3 YR 464287457 161,961 1,917,374 SH   SOLE   0 0 1,917,374
ISHARES TR MSCI EAFE INDEX 464287465 237,232 3,718,317 SH   SOLE   0 0 3,718,317
ISHARES TR RUSSELL MCP VL 464287473 2,313 37,972 SH   SOLE   0 0 37,972
ISHARES TR RUSSELL MCP GR 464287481 87,831 1,123,163 SH   SOLE   0 0 1,123,163
ISHARES TR RUSSELL MIDCAP 464287499 107 767 SH   SOLE   0 0 767
ISHARES TR COHEN&ST RLTY 464287564 1,130 14,700 SH   SOLE   0 0 14,700
ISHARES TR RUSSELL1000VAL 464287598 17,430 202,204 SH   SOLE   0 0 202,204
ISHARES S&P MC 400GR ETF 464287606 14 103 SH   SOLE   0 0 103
ISHARES TR RUSSELL1000GRW 464287614 1,460 18,669 SH   SOLE   0 0 18,669
ISHARES TR RUSSELL 1000 464287622 43 453 SH   SOLE   0 0 453
ISHARES TR RUSL 2000 VALU 464287630 33,584 366,476 SH   SOLE   0 0 366,476
ISHARES TR RUSL 2000 GROW 464287648 35,730 283,930 SH   SOLE   0 0 283,930
ISHARES TR RUSSELL 2000 464287655 46 436 SH   SOLE   0 0 436
ISHARES TR S&P MIDCP VALU 464287705 37 344 SH   SOLE   0 0 344
ISHARES TR DJ US REAL EST 464287739 116 1,814 SH   SOLE   0 0 1,814
ISHARES TR S&P SMLCAP 600 464287804 26 264 SH   SOLE   0 0 264
ISHARES TR S&P SMLCP VALU 464287879 886 8,669 SH   SOLE   0 0 8,669
ISHARES TR S&P SMLCP GROW 464287887 2,287 21,102 SH   SOLE   0 0 21,102
ISHARES TR S&P CITINT TBD 464288117 8,202 81,404 SH   SOLE   0 0 81,404
ISHARES TR S&PCITI1-3YRTB 464288125 3 34 SH   SOLE   0 0 34
ISHARES TR MSCI ACWI EX 464288240 18 399 SH   SOLE   0 0 399
ISHARES TR MSCI SMALL CAP 464288273 41,538 856,281 SH   SOLE   0 0 856,281
ISHARES TR JPMORGAN USD 464288281 31,606 289,889 SH   SOLE   0 0 289,889
ISHARES TR MID GRWTH INDX 464288307 4 28 SH   SOLE   0 0 28
ISHARES TR S&P GLO INFRAS 464288372 6,783 179,599 SH   SOLE   0 0 179,599
ISHARES TR S&P DEV EX-US 464288422 7,970 212,072 SH   SOLE   0 0 212,072
ISHARES TR HIGH YLD CORP 464288513 1,400 15,285 SH   SOLE   0 0 15,285
ISHARES TR BARCLYS MBS BD 464288588 227,787 2,150,555 SH   SOLE   0 0 2,150,555
ISHARES TR BARCLYS INTER GV 464288612 398,721 3,621,441 SH   SOLE   0 0 3,621,441
ISHARES TR BARCLYS 1-3YR CR 464288646 68 646 SH   SOLE   0 0 646
ISHARES TR BARCLYS 10-20YR 464288653 1,653 13,204 SH   SOLE   0 0 13,204
ISHARES TR BARCLYS 3-7 YR 464288661 1,538 12,678 SH   SOLE   0 0 12,678
ISHARES TR BARCLYS SH TREA 464288679 6,244 56,626 SH   SOLE   0 0 56,626
ISHARES MRNING SM CP ETF 464288703 3 26 SH   SOLE   0 0 26
ISHARES TR RSSL MCRCP IDX 464288869 1,267 18,505 SH   SOLE   0 0 18,505
ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 3 97 SH   SOLE   0 0 97
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 3,402 132,056 SH   SOLE   0 0 132,056
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 1,264 110,143 SH   SOLE   0 0 110,143
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 315 12,175 SH   SOLE   0 0 12,175
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 101 5,870 SH   SOLE   0 0 5,870
POWERSHARES ETF TRUST ZACKS MC PRTFL 73935X740 2 98 SH   SOLE   0 0 98
POWERSHARES ETF TRUST FND PR MIDGRT PT 73935X807 387 14,281 SH   SOLE   0 0 14,281
POWERSHARES ETF TRUST FND PUR SMVAL PT 73935X864 1,248 55,649 SH   SOLE   0 0 55,649
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 18 647 SH   SOLE   0 0 647
POWERSHARES GLOBAL ETF TRUST EMER MRKT PORT 73936T763 5,298 260,965 SH   SOLE   0 0 260,965
POWERSHARES GLOBAL ETF TRUST DEV MKTS EX-US 73936T789 24 567 SH   SOLE   0 0 567
POWERSHARES GLOBAL ETF TRUST DYN DEVINTLOPP 73936T805 68 3,530 SH   SOLE   0 0 3,530
PROSHARES TR ULTRASHRT TIPS 74347X336 1 18 SH   SOLE   0 0 18
PROSHARES TR ULTR MSCI ETF 74347X500 3 28 SH   SOLE   0 0 28
RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 21 330 SH   SOLE   0 0 330
RYDEX ETF TRUST GUG S&P MC400 PG 78355W601 23 204 SH   SOLE   0 0 204
SPDR S&P 500 ETF TR TR UNIT 78462F103 30 180 SH   SOLE   0 0 180
SPDR INDEX SHS FDS EMERG MKTS ETF 78463X509 11 180 SH   SOLE   0 0 180
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 7 169 SH   SOLE   0 0 169
SPDR INDEX SHS FDS S&P BRIC 40ETF 78463X798 3 112 SH   SOLE   0 0 112
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 7 220 SH   SOLE   0 0 220
SPDR SERIES TRUST S&P 600 SMCP VAL 78464A300 15 148 SH   SOLE   0 0 148
SPDR SERIES TRUST SHRT INTL ETF 78464A334 6 172 SH   SOLE   0 0 172
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 59,531 1,494,067 SH   SOLE   0 0 1,494,067
SPDR SERIES TRUST S&P 500 VALUE 78464A508 42 490 SH   SOLE   0 0 490
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 93,305 1,598,517 SH   SOLE   0 0 1,598,517
SPDR SERIES TRUST BRCLYS INTER ETF 78464A672 25,903 433,918 SH   SOLE   0 0 433,918
SPDR SERIES TRUST S&P 400 MDCP GRW 78464A821 234 2,261 SH   SOLE   0 0 2,261
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 44 600 SH   SOLE   0 0 600
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 39 174 SH   SOLE   0 0 174
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 70 2,857 SH   SOLE   0 0 2,857
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 279 9,174 SH   SOLE   0 0 9,174
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 11 352 SH   SOLE   0 0 352
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 4,588 109,220 SH   SOLE   0 0 109,220
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 21,625 427,454 SH   SOLE   0 0 427,454
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 7,832 196,776 SH   SOLE   0 0 196,776
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 21,923 361,580 SH   SOLE   0 0 361,580
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 10,066 121,409 SH   SOLE   0 0 121,409
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 24,863 1,249,090 SH   SOLE   0 0 1,249,090
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 15,920 343,073 SH   SOLE   0 0 343,073
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 13,813 431,124 SH   SOLE   0 0 431,124
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 3,385 90,570 SH   SOLE   0 0 90,570
VANGUARD WORLD FD MEGA GRWTH IND 921910816 10,411 159,014 SH   SOLE   0 0 159,014
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 35,563 428,363 SH   SOLE   0 0 428,363
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 13,763 164,829 SH   SOLE   0 0 164,829
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 34,919 434,475 SH   SOLE   0 0 434,475
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 34,346 424,659 SH   SOLE   0 0 424,659
VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 921943858 90 2,269 SH   SOLE   0 0 2,269
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 31 547 SH   SOLE   0 0 547
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 48,155 848,990 SH   SOLE   0 0 848,990
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 132 1,332 SH   SOLE   0 0 1,332
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 28 574 SH   SOLE   0 0 574
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 131,562 3,277,981 SH   SOLE   0 0 3,277,981
VANGUARD SCOTTSDALE FDS SHRT-TERM CORP 92206C409 84 1,055 SH   SOLE   0 0 1,055
VANGUARD SCOTTSDALE FDS FDS VNG RUS2000IDX 92206C664 17,378 202,846 SH   SOLE   0 0 202,846
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 206 4,002 SH   SOLE   0 0 4,002
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 125 1,500 SH   SOLE   0 0 1,500
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 88,505 1,208,594 SH   SOLE   0 0 1,208,594
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 3,210 37,676 SH   SOLE   0 0 37,676
VANGUARD INDEX FDS REIT ETF 922908553 32,407 489,977 SH   SOLE   0 0 489,977
VANGUARD INDEX FDS SML CP GRW ETF 922908595 2,040 17,820 SH   SOLE   0 0 17,820
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,873 20,756 SH   SOLE   0 0 20,756
VANGUARD INDEX FDS MID CAP ETF 922908629 34 328 SH   SOLE   0 0 328
VANGUARD INDEX FDS LARGE CAP ETF 922908637 16 208 SH   SOLE   0 0 208
VANGUARD INDEX FDS GROWTH ETF 922908736 341,932 4,041,276 SH   SOLE   0 0 4,041,276
VANGUARD INDEX FDS VALUE ETF 922908744 331,277 4,746,771 SH   SOLE   0 0 4,746,771
VANGUARD INDEX FDS SMALL CP ETF 922908751 28 272 SH   SOLE   0 0 272
WISDOMTREE TRUST EMERG MKTS ETF 97717W315 56 1,076 SH   SOLE   0 0 1,076
WISDOMTREE TRUST DEFA FD 97717W703 9,841 190,357 SH   SOLE   0 0 190,357