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
ISHARES MRNGSTR LG-CP GR 464287119 13 124 SH   SOLE   0 0 124
ISHARES TIPS BD ETF 464287176 108,845 971,228 SH   SOLE   0 0 971,228
ISHARES S&P 500 GRWT ETF 464287309 7,584 71,000 SH   SOLE   0 0 71,000
ISHARES S&P 500 VAL ETF 464287408 7,948 88,247 SH   SOLE   0 0 88,247
ISHARES 7-10 Y TR BD ETF 464287440 34,446 332,427 SH   SOLE   0 0 332,427
ISHARES 1-3 YR TR BD ETF 464287457 222,270 2,630,108 SH   SOLE   0 0 2,630,108
ISHARES MSCI EAFE ETF 464287465 102,019 1,591,069 SH   SOLE   0 0 1,591,069
ISHARES RUS MDCP VAL ETF 464287473 2,625 37,495 SH   SOLE   0 0 37,495
ISHARES RUS MD CP GR ETF 464287481 116,687 1,320,735 SH   SOLE   0 0 1,320,735
ISHARES COHEN&STEER REIT 464287564 71 844 SH   SOLE   0 0 844
ISHARES RUS 1000 VAL ETF 464287598 18,064 180,476 SH   SOLE   0 0 180,476
ISHARES RUS 1000 GRW ETF 464287614 1,440 15,720 SH   SOLE   0 0 15,720
ISHARES RUS 2000 VAL ETF 464287630 41,585 444,476 SH   SOLE   0 0 444,476
ISHARES RUS 2000 GRW ETF 464287648 43,381 334,498 SH   SOLE   0 0 334,498
ISHARES S&P MC 400VL ETF 464287705 54 452 SH   SOLE   0 0 452
ISHARES U.S. REAL ES ETF 464287739 1 15 SH   SOLE   0 0 15
ISHARES SP SMCP600VL ETF 464287879 906 8,447 SH   SOLE   0 0 8,447
ISHARES SP SMCP600GR ETF 464287887 2,138 18,997 SH   SOLE   0 0 18,997
ISHARES INTL TREA BD ETF 464288117 5,920 59,645 SH   SOLE   0 0 59,645
ISHARES 3YRTB ETF 464288125 3 37 SH   SOLE   0 0 37
ISHARES EAFE SML CP ETF 464288273 25,295 521,545 SH   SOLE   0 0 521,545
ISHARES JP MOR EM MK ETF 464288281 61,998 549,380 SH   SOLE   0 0 549,380
ISHARES MRGSTR MD CP GRW 464288307 4 24 SH   SOLE   0 0 24
ISHARES GLB INFRASTR ETF 464288372 17,663 416,293 SH   SOLE   0 0 416,293
ISHARES INTL DEVPPTY ETF 464288422 8,811 240,794 SH   SOLE   0 0 240,794
ISHARES IBOXX HI YD ETF 464288513 1,654 17,988 SH   SOLE   0 0 17,988
ISHARES MBS ETF 464288588 326,168 3,016,998 SH   SOLE   0 0 3,016,998
ISHARES INTRM GOV/CR ETF 464288612 502,562 4,558,387 SH   SOLE   0 0 4,558,387
ISHARES 1-3 YR CR BD ETF 464288646 73 694 SH   SOLE   0 0 694
ISHARES 10-20 YR TRS ETF 464288653 1,775 13,624 SH   SOLE   0 0 13,624
ISHARES 3-7 YR TR BD ETF 464288661 1,616 13,320 SH   SOLE   0 0 13,320
ISHARES SHRT TRS BD ETF 464288679 6,627 60,106 SH   SOLE   0 0 60,106
ISHARES MRNING SM CP ETF 464288703 3 25 SH   SOLE   0 0 25
ISHARES MICRO-CAP ETF 464288869 7,581 109,041 SH   SOLE   0 0 109,041
ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 3 105 SH   SOLE   0 0 105
PIMCO ETF TR BROAD US TIPS 72201R403 7 132 SH   SOLE   0 0 132
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 6 251 SH   SOLE   0 0 251
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 3,822 344,309 SH   SOLE   0 0 344,309
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 253 8,320 SH   SOLE   0 0 8,320
POWERSHARES ETF TRUST ZACKS MC PRTFL 73935X740 8 502 SH   SOLE   0 0 502
POWERSHARES ETF TRUST FND PR MIDGRT PT 73935X807 445 14,583 SH   SOLE   0 0 14,583
POWERSHARES ETF TRUST FND PUR SMVAL PT 73935X864 1,214 51,115 SH   SOLE   0 0 51,115
POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 6 291 SH   SOLE   0 0 291
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 26 914 SH   SOLE   0 0 914
RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 23 301 SH   SOLE   0 0 301
RYDEX ETF TRUST GUG S&P MC400 PG 78355W601 18 151 SH   SOLE   0 0 151
SPDR SERIES TRUST S&P 600 SMCP VAL 78464A300 12 121 SH   SOLE   0 0 121
SPDR SERIES TRUST SHRT INTL ETF 78464A334 5 141 SH   SOLE   0 0 141
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 84,486 2,102,681 SH   SOLE   0 0 2,102,681
SPDR SERIES TRUST S&P 500 VALUE 78464A508 56 569 SH   SOLE   0 0 569
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 102,024 1,778,350 SH   SOLE   0 0 1,778,350
SPDR SERIES TRUST BRCLYS INTER ETF 78464A672 25,930 435,205 SH   SOLE   0 0 435,205
SPDR SERIES TRUST S&P 400 MDCP GRW 78464A821 259 2,300 SH   SOLE   0 0 2,300
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 68 832 SH   SOLE   0 0 832
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 43,242 871,997 SH   SOLE   0 0 871,997
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 51,139 800,178 SH   SOLE   0 0 800,178
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 12,866 285,219 SH   SOLE   0 0 285,219
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 8,841 132,562 SH   SOLE   0 0 132,562
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 37,564 414,520 SH   SOLE   0 0 414,520
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 25,480 1,099,700 SH   SOLE   0 0 1,099,700
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 12,694 238,836 SH   SOLE   0 0 238,836
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 78,367 1,964,088 SH   SOLE   0 0 1,964,088
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 21,821 518,434 SH   SOLE   0 0 518,434
VANGUARD WORLD FD MEGA GRWTH IND 921910816 10,800 138,855 SH   SOLE   0 0 138,855
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 48,430 536,743 SH   SOLE   0 0 536,743
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 14,060 166,860 SH   SOLE   0 0 166,860
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 82,043 1,024,638 SH   SOLE   0 0 1,024,638
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 94,802 1,157,114 SH   SOLE   0 0 1,157,114
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 268,362 6,751,249 SH   SOLE   0 0 6,751,249
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 35 530 SH   SOLE   0 0 530
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 29,155 535,449 SH   SOLE   0 0 535,449
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 67,346 659,410 SH   SOLE   0 0 659,410
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 226,870 5,439,224 SH   SOLE   0 0 5,439,224
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 34 424 SH   SOLE   0 0 424
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 25,018 284,234 SH   SOLE   0 0 284,234
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 312 5,929 SH   SOLE   0 0 5,929
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 268 3,129 SH   SOLE   0 0 3,129
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 159,570 1,879,500 SH   SOLE   0 0 1,879,500
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 25,432 264,147 SH   SOLE   0 0 264,147
VANGUARD INDEX FDS REIT ETF 922908553 41,930 583,571 SH   SOLE   0 0 583,571
VANGUARD INDEX FDS SML CP GRW ETF 922908595 1,902 15,800 SH   SOLE   0 0 15,800
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,675 16,790 SH   SOLE   0 0 16,790
VANGUARD INDEX FDS GROWTH ETF 922908736 419,161 4,205,486 SH   SOLE   0 0 4,205,486
VANGUARD INDEX FDS VALUE ETF 922908744 402,500 4,956,897 SH   SOLE   0 0 4,956,897