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 1,339 53,436 SH   SOLE   0 0 53,436
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 127 3,430 SH   SOLE   0 0 3,430
CLAYMORE EXCHANGE TRD FD TR GUGG BRIC ETF 18383M100 8,443 243,678 SH   SOLE   0 0 243,678
ISHARES INC MSCI BRIC INDX 464286657 26 698 SH   SOLE   0 0 698
ISHARES TR LRGE GRW INDX 464287119 14 145 SH   SOLE   0 0 145
ISHARES TR LRGE CORE INDX 464287127 11 106 SH   SOLE   0 0 106
ISHARES TR BARCLYS TIPS BD 464287176 118,385 1,077,203 SH   SOLE   0 0 1,077,203
ISHARES TR MSCI EMERG MKT 464287234 4,436 106,126 SH   SOLE   0 0 106,126
ISHARES TR S&P500 GRW 464287309 8,663 87,727 SH   SOLE   0 0 87,727
ISHARES TR S&P 500 VALUE 464287408 8,312 97,266 SH   SOLE   0 0 97,266
ISHARES TR BARCLYS 7-10 YR 464287440 32,057 323,029 SH   SOLE   0 0 323,029
ISHARES TR BARCLYS 1-3 YR 464287457 167,118 1,980,545 SH   SOLE   0 0 1,980,545
ISHARES TR MSCI EAFE INDEX 464287465 274,539 4,091,792 SH   SOLE   0 0 4,091,792
ISHARES TR RUSSELL MCP VL 464287473 2,499 38,025 SH   SOLE   0 0 38,025
ISHARES TR RUSSELL MCP GR 464287481 97,721 1,158,379 SH   SOLE   0 0 1,158,379
ISHARES TR RUSSELL MIDCAP 464287499 33 217 SH   SOLE   0 0 217
ISHARES TR COHEN&ST RLTY 464287564 1,103 14,762 SH   SOLE   0 0 14,762
ISHARES TR RUSSELL1000VAL 464287598 19,140 203,251 SH   SOLE   0 0 203,251
ISHARES TR RUSSELL1000GRW 464287614 1,521 17,694 SH   SOLE   0 0 17,694
ISHARES TR RUSSELL 1000 464287622 19 182 SH   SOLE   0 0 182
ISHARES TR RUSL 2000 VALU 464287630 37,896 380,868 SH   SOLE   0 0 380,868
ISHARES TR RUSL 2000 GROW 464287648 39,665 292,710 SH   SOLE   0 0 292,710
ISHARES TR RUSSELL 2000 464287655 7 64 SH   SOLE   0 0 64
ISHARES TR S&P MIDCP VALU 464287705 56 482 SH   SOLE   0 0 482
ISHARES TR DJ US REAL EST 464287739 93 1,478 SH   SOLE   0 0 1,478
ISHARES TR S&P SMLCAP 600 464287804 8 77 SH   SOLE   0 0 77
ISHARES TR S&P SMLCP VALU 464287879 954 8,579 SH   SOLE   0 0 8,579
ISHARES TR S&P SMLCP GROW 464287887 2,442 20,589 SH   SOLE   0 0 20,589
ISHARES TR S&P CITINT TBD 464288117 8,203 81,877 SH   SOLE   0 0 81,877
ISHARES TR S&PCITI1-3YRTB 464288125 3 34 SH   SOLE   0 0 34
ISHARES TR MSCI ACWI EX 464288240 19 399 SH   SOLE   0 0 399
ISHARES TR MSCI SMALL CAP 464288273 49,575 972,433 SH   SOLE   0 0 972,433
ISHARES TR JPMORGAN USD 464288281 33,986 314,224 SH   SOLE   0 0 314,224
ISHARES TR MID GRWTH INDX 464288307 4 28 SH   SOLE   0 0 28
ISHARES TR S&P GLO INFRAS 464288372 9,399 241,364 SH   SOLE   0 0 241,364
ISHARES TR S&P DEV EX-US 464288422 11,437 305,975 SH   SOLE   0 0 305,975
ISHARES TR HIGH YLD CORP 464288513 1,469 15,819 SH   SOLE   0 0 15,819
ISHARES TR BARCLYS MBS BD 464288588 232,937 2,227,567 SH   SOLE   0 0 2,227,567
ISHARES TR BARCLYS INTER GV 464288612 416,112 3,802,888 SH   SOLE   0 0 3,802,888
ISHARES TR BARCLYS 1-3YR CR 464288646 68 646 SH   SOLE   0 0 646
ISHARES TR BARCLYS 10-20YR 464288653 1,578 13,050 SH   SOLE   0 0 13,050
ISHARES TR BARCLYS 3-7 YR 464288661 1,388 11,567 SH   SOLE   0 0 11,567
ISHARES TR BARCLYS SH TREA 464288679 6,021 54,610 SH   SOLE   0 0 54,610
ISHARES MRNING SM CP ETF 464288703 3 26 SH   SOLE   0 0 26
ISHARES TR RSSL MCRCP IDX 464288869 1,875 24,962 SH   SOLE   0 0 24,962
ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 1 21 SH   SOLE   0 0 21
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 27 1,053 SH   SOLE   0 0 1,053
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 1,800 148,750 SH   SOLE   0 0 148,750
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 284 10,006 SH   SOLE   0 0 10,006
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 64 3,493 SH   SOLE   0 0 3,493
POWERSHARES ETF TRUST ZACKS MC PRTFL 73935X740 6 364 SH   SOLE   0 0 364
POWERSHARES ETF TRUST FND PR MIDGRT PT 73935X807 408 14,063 SH   SOLE   0 0 14,063
POWERSHARES ETF TRUST FND PUR SMVAL PT 73935X864 1,376 55,384 SH   SOLE   0 0 55,384
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 18 669 SH   SOLE   0 0 669
POWERSHARES GLOBAL ETF TRUST EMER MRKT PORT 73936T763 5,307 259,012 SH   SOLE   0 0 259,012
POWERSHARES GLOBAL ETF TRUST DEV MKTS EX-US 73936T789 25 567 SH   SOLE   0 0 567
POWERSHARES GLOBAL ETF TRUST DYN DEVINTLOPP 73936T805 55 2,784 SH   SOLE   0 0 2,784
RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 23 330 SH   SOLE   0 0 330
RYDEX ETF TRUST GUG S&P MC400 PG 78355W601 17 137 SH   SOLE   0 0 137
SPDR S&P 500 ETF TR TR UNIT 78462F103 69 374 SH   SOLE   0 0 374
SPDR INDEX SHS FDS EMERG MKTS ETF 78463X509 12 185 SH   SOLE   0 0 185
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 3 83 SH   SOLE   0 0 83
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 10 303 SH   SOLE   0 0 303
SPDR SERIES TRUST S&P 600 SMCP VAL 78464A300 16 148 SH   SOLE   0 0 148
SPDR SERIES TRUST SHRT INTL ETF 78464A334 6 178 SH   SOLE   0 0 178
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 65,407 1,612,600 SH   SOLE   0 0 1,612,600
SPDR SERIES TRUST S&P 500 VALUE 78464A508 45 481 SH   SOLE   0 0 481
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 95,766 1,658,567 SH   SOLE   0 0 1,658,567
SPDR SERIES TRUST BRCLYS INTER ETF 78464A672 25,471 430,832 SH   SOLE   0 0 430,832
SPDR SERIES TRUST S&P 400 MDCP GRW 78464A821 246 2,198 SH   SOLE   0 0 2,198
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 71 894 SH   SOLE   0 0 894
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 28 116 SH   SOLE   0 0 116
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 71 2,870 SH   SOLE   0 0 2,870
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 289 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 6,582 142,399 SH   SOLE   0 0 142,399
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 30,664 553,103 SH   SOLE   0 0 553,103
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 11,094 258,119 SH   SOLE   0 0 258,119
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 32,642 488,434 SH   SOLE   0 0 488,434
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 14,049 158,724 SH   SOLE   0 0 158,724
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 28,800 1,317,481 SH   SOLE   0 0 1,317,481
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 22,559 431,677 SH   SOLE   0 0 431,677
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 29,115 814,637 SH   SOLE   0 0 814,637
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4,618 121,617 SH   SOLE   0 0 121,617
VANGUARD WORLD FD MEGA GRWTH IND 921910816 11,411 157,438 SH   SOLE   0 0 157,438
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 36,789 450,570 SH   SOLE   0 0 450,570
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 13,657 167,165 SH   SOLE   0 0 167,165
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 46,382 580,285 SH   SOLE   0 0 580,285
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 45,928 573,743 SH   SOLE   0 0 573,743
VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 921943858 97 2,334 SH   SOLE   0 0 2,334
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 34 547 SH   SOLE   0 0 547
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 49,387 906,518 SH   SOLE   0 0 906,518
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 134 1,302 SH   SOLE   0 0 1,302
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 40 781 SH   SOLE   0 0 781
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 150,883 3,667,539 SH   SOLE   0 0 3,667,539
VANGUARD SCOTTSDALE FDS SHRT-TERM CORP 92206C409 24 297 SH   SOLE   0 0 297
VANGUARD SCOTTSDALE FDS FDS VNG RUS2000IDX 92206C664 24,294 264,041 SH   SOLE   0 0 264,041
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 225 4,407 SH   SOLE   0 0 4,407
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 251 3,034 SH   SOLE   0 0 3,034
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 99,147 1,242,749 SH   SOLE   0 0 1,242,749
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 3,386 37,520 SH   SOLE   0 0 37,520
VANGUARD INDEX FDS REIT ETF 922908553 34,418 533,115 SH   SOLE   0 0 533,115
VANGUARD INDEX FDS SML CP GRW ETF 922908595 2,057 16,823 SH   SOLE   0 0 16,823
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,883 19,336 SH   SOLE   0 0 19,336
VANGUARD INDEX FDS MID CAP ETF 922908629 30 271 SH   SOLE   0 0 271
VANGUARD INDEX FDS LARGE CAP ETF 922908637 2 18 SH   SOLE   0 0 18
VANGUARD INDEX FDS GROWTH ETF 922908736 388,487 4,175,036 SH   SOLE   0 0 4,175,036
VANGUARD INDEX FDS VALUE ETF 922908744 375,192 4,911,526 SH   SOLE   0 0 4,911,526
VANGUARD INDEX FDS SMALL CP ETF 922908751 7 68 SH   SOLE   0 0 68
WISDOMTREE TRUST EMERG MKTS ETF 97717W315 17 324 SH   SOLE   0 0 324
WISDOMTREE TRUST DEFA FD 97717W703 10,197 187,246 SH   SOLE   0 0 187,246