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
FLEXSHARES TR INTL QLTDV IDX 33939L837 48,279 1,841,289 SH   SOLE   0 0 1,841,289
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 176,172 9,626,868 SH   SOLE   0 0 9,626,868
ISHARES EM MKTS CURR ETF 464286517 8 156 SH   SOLE   0 0 156
ISHARES TR MRNGSTR LG-CP GR 464287119 2 16 SH   SOLE   0 0 16
ISHARES TR CORE S&P TTL STK 464287150 1,119,733 19,429,693 SH   SOLE   0 0 19,429,693
ISHARES TR TIPS BD ETF 464287176 52,383 461,202 SH   SOLE   0 0 461,202
ISHARES TR CORE US AGGBD ET 464287226 1,564,317 14,274,263 SH   SOLE   0 0 14,274,263
ISHARES TR S&P 500 GRWT ETF 464287309 2,947 20,545 SH   SOLE   0 0 20,545
ISHARES TR S&P 500 VAL ETF 464287408 4,218 39,090 SH   SOLE   0 0 39,090
ISHARES TR 7-10 Y TR BD ETF 464287440 3,931 36,900 SH   SOLE   0 0 36,900
ISHARES TR 1-3 YR TR BD ETF 464287457 124,967 1,479,777 SH   SOLE   0 0 1,479,777
ISHARES TR MSCI EAFE ETF 464287465 141,265 2,062,865 SH   SOLE   0 0 2,062,865
ISHARES TR RUS MDCP VAL ETF 464287473 1,541 18,140 SH   SOLE   0 0 18,140
ISHARES TR RUS MD CP GR ETF 464287481 730 6,453 SH   SOLE   0 0 6,453
ISHARES TR RUS 1000 VAL ETF 464287598 9,853 83,140 SH   SOLE   0 0 83,140
ISHARES TR RUS 1000 GRW ETF 464287614 809 6,465 SH   SOLE   0 0 6,465
ISHARES TR RUS 2000 VAL ETF 464287630 88,694 714,586 SH   SOLE   0 0 714,586
ISHARES TR RUS 2000 GRW ETF 464287648 59,909 334,763 SH   SOLE   0 0 334,763
ISHARES TR CORE S&P US ETF 464287671 25 496 SH   SOLE   0 0 496
ISHARES TR S&P MC 400VL ETF 464287705 204 1,337 SH   SOLE   0 0 1,337
ISHARES TR SP SMCP600VL ETF 464287879 1,059 7,141 SH   SOLE   0 0 7,141
ISHARES TR SP SMCP600GR ETF 464287887 1,600 9,729 SH   SOLE   0 0 9,729
ISHARES EAFE SML CP ETF 464288273 36,543 589,397 SH   SOLE   0 0 589,397
ISHARES JP MOR EM MK ETF 464288281 111,942 961,533 SH   SOLE   0 0 961,533
ISHARES GLB INFRASTR ETF 464288372 2 52 SH   SOLE   0 0 52
ISHARES TR MRGSTR MD CP VAL 464288406 1 7 SH   SOLE   0 0 7
ISHARES INTL DEVPPTY ETF 464288422 10,622 278,845 SH   SOLE   0 0 278,845
ISHARES IBOXX HI YD ETF 464288513 2,582 29,085 SH   SOLE   0 0 29,085
ISHARES MBS ETF 464288588 25,139 234,729 SH   SOLE   0 0 234,729
ISHARES INTRM GOV/CR ETF 464288612 49,823 449,257 SH   SOLE   0 0 449,257
ISHARES 1-3 YR CR BD ETF 464288646 28 269 SH   SOLE   0 0 269
ISHARES 10-20 YR TRS ETF 464288653 1,550 11,363 SH   SOLE   0 0 11,363
ISHARES 3-7 YR TR BD ETF 464288661 206 1,670 SH   SOLE   0 0 1,670
ISHARES SHRT TRS BD ETF 464288679 2,018 18,280 SH   SOLE   0 0 18,280
ISHARES MICRO-CAP ETF 464288869 5,873 62,185 SH   SOLE   0 0 62,185
ISHARES TR CORE MSCITOTAL 46432F834 26 422 SH   SOLE   0 0 422
ISHARES INC CORE MSCI EMKT 46434G103 287 5,307 SH   SOLE   0 0 5,307
PIMCO ETF TR 1-3YR USTREIDX 72201R106 3 59 SH   SOLE   0 0 59
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 10,784 851,164 SH   SOLE   0 0 851,164
POWERSHARES ETF TRUST DYNM LRG CP GR 73935X609 20 513 SH   SOLE   0 0 513
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 120 3,212 SH   SOLE   0 0 3,212
POWERSHARES ETF TRUST FND PUR SMVAL PT 73935X864 1,578 52,155 SH   SOLE   0 0 52,155
POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 13 677 SH   SOLE   0 0 677
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 325 10,913 SH   SOLE   0 0 10,913
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 82 1,333 SH   SOLE   0 0 1,333
RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 63 630 SH   SOLE   0 0 630
SPDR SERIES TRUST S&P 600 SMCP GRW 78464A201 6 26 SH   SOLE   0 0 26
SPDR SERIES TRUST S&P 600 SMCP VAL 78464A300 14 114 SH   SOLE   0 0 114
SPDR SERIES TRUST BLOMBRG BRC INTR 78464A375 191,536 5,550,165 SH   SOLE   0 0 5,550,165
SPDR SERIES TRUST S&P 500 GROWTH 78464A409 23 189 SH   SOLE   0 0 189
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 189,011 5,064,598 SH   SOLE   0 0 5,064,598
SPDR SERIES TRUST S&P 500 VALUE 78464A508 16 140 SH   SOLE   0 0 140
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 28 1,004 SH   SOLE   0 0 1,004
SPDR SERIES TRUST BARCLYS TIPS ETF 78464A656 4 68 SH   SOLE   0 0 68
SPDR SERIES TRUST BRCLYS INTER ETF 78464A672 2,724 45,372 SH   SOLE   0 0 45,372
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 61 617 SH   SOLE   0 0 617
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 25 385 SH   SOLE   0 0 385
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 15 287 SH   SOLE   0 0 287
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 30 523 SH   SOLE   0 0 523
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 99,660 1,219,387 SH   SOLE   0 0 1,219,387
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 17,517 324,507 SH   SOLE   0 0 324,507
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 5,408 60,033 SH   SOLE   0 0 60,033
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 24,713 360,874 SH   SOLE   0 0 360,874
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 81,291 3,143,521 SH   SOLE   0 0 3,143,521
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 31,318 441,097 SH   SOLE   0 0 441,097
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 115,955 1,962,012 SH   SOLE   0 0 1,962,012
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4 81 SH   SOLE   0 0 81
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 250,480 13,045,845 SH   SOLE   0 0 13,045,845
VANGUARD WORLD FD MEGA GRWTH IND 921910816 3,839 36,663 SH   SOLE   0 0 36,663
VANGUARD WORLD FD MEGA CAP VAL ETF 921910840 6 81 SH   SOLE   0 0 81
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 97,049 1,034,963 SH   SOLE   0 0 1,034,963
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 1,616 19,092 SH   SOLE   0 0 19,092
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 30,595 383,295 SH   SOLE   0 0 383,295
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 147,638 1,801,337 SH   SOLE   0 0 1,801,337
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 932,064 21,471,181 SH   SOLE   0 0 21,471,181
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 251 3,101 SH   SOLE   0 0 3,101
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 88,311 1,785,872 SH   SOLE   0 0 1,785,872
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 24,273 444,643 SH   SOLE   0 0 444,643
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 82,839 720,775 SH   SOLE   0 0 720,775
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 664,721 15,256,391 SH   SOLE   0 0 15,256,391
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 116,544 1,454,431 SH   SOLE   0 0 1,454,431
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 1 6 SH   SOLE   0 0 6
VANGUARD SCOTTSDALE FDS INT-TERM GOV 92206C706 56,489 873,634 SH   SOLE   0 0 873,634
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 26,167 495,773 SH   SOLE   0 0 495,773
VANGUARD SCOTTSDALE FDS LONG-TERM GOV 92206C847 0 3 SH   SOLE   0 0 3
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 158 1,794 SH   SOLE   0 0 1,794
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 187,839 1,778,105 SH   SOLE   0 0 1,778,105
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 36,518 299,941 SH   SOLE   0 0 299,941
VANGUARD INDEX FDS REIT ETF 922908553 5,280 63,548 SH   SOLE   0 0 63,548
VANGUARD INDEX FDS SML CP GRW ETF 922908595 7,354 48,178 SH   SOLE   0 0 48,178
VANGUARD INDEX FDS SM CP VAL ETF 922908611 13,707 107,261 SH   SOLE   0 0 107,261
VANGUARD INDEX FDS MID CAP ETF 922908629 274,761 1,869,122 SH   SOLE   0 0 1,869,122
VANGUARD INDEX FDS GROWTH ETF 922908736 271,767 2,047,211 SH   SOLE   0 0 2,047,211
VANGUARD INDEX FDS VALUE ETF 922908744 348,309 3,489,372 SH   SOLE   0 0 3,489,372
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,902 14,683 SH   SOLE   0 0 14,683