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
ALLIANCEBERNSTEIN NATL MUNI COM 01864U106 1,784 130,336 SH   OTR 1 0 130,336 0
BLACKROCK MUN INCOME TR SH BEN INT 09248F109 1,491 101,706 SH   OTR 1 0 101,706 0
BLACKROCK LONG-TERM MUNI ADV COM 09250B103 521 45,322 SH   OTR 1 0 45,322 0
DREYFUS STRATEGIC MUN BD FD COM 26202F107 1,945 240,474 SH   OTR 1 0 240,474 0
EATON VANCE MUN BD FD II COM 27827K109 245 19,076 SH   OTR 1 0 19,076 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 1,465 105,629 SH   OTR 1 0 105,629 0
FEDERATED PREM MUN INC FD COM 31423P108 342 22,825 SH   OTR 1 0 22,825 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 829 66,017 SH   OTR 1 0 66,017 0
DEUTSCHE MUN INCOME COM 25160C106 531 37,909 SH   OTR 1 0 37,909 0
DREYFUS STRATEGIC MUNS INC COM 261932107 1,705 203,224 SH   OTR 1 0 203,224 0
BLACKROCK MUNIENHANCED FD IN COM 09253Y100 1,413 121,293 SH   OTR 1 0 121,293 0
MFS MUN INCOME TR SH BEN INT 552738106 699 103,577 SH   OTR 1 0 103,577 0
PIONEER MUN HIGH INCOME TR COM SHS 723763108 2,058 141,808 SH   OTR 1 0 141,808 0
MAINSTAY DEFINEDTERM MN OPP COM 56064K100 1,044 56,208 SH   OTR 1 0 56,208 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 288 21,446 SH   OTR 1 0 21,446 0
BLACKROCK MUNIHLDGS FD II IN COM 09253P109 510 33,071 SH   OTR 1 0 33,071 0
BLACKROCK MUNIVEST FD II INC COM 09253T101 288 17,763 SH   OTR 1 0 17,763 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 1,559 102,680 SH   OTR 1 0 102,680 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 1,063 74,832 SH   OTR 1 0 74,832 0
NUVEEN MUN OPPORTUNITY FD IN COM 670984103 1,116 76,016 SH   OTR 1 0 76,016 0
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 696 49,018 SH   OTR 1 0 49,018 0
NUVEEN PERFORMANCE PLUS MUN COM 67062P108 1,772 119,188 SH   OTR 1 0 119,188 0
NUVEEN PREM INCOME MUN FD 4 COM 6706K4105 1,066 79,610 SH   OTR 1 0 79,610 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 457 32,557 SH   OTR 1 0 32,557 0
PIMCO MUN INCOME FD II COM 72200W106 2,018 161,735 SH   OTR 1 0 161,735 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 1,612 218,105 SH   OTR 1 0 218,105 0
PIMCO MUN INCOME FD III COM 72201A103 2,304 199,318 SH   OTR 1 0 199,318 0
INVESCO TR INVT GRADE MUNS COM 46131M106 2,123 157,841 SH   OTR 1 0 157,841 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 1,915 163,013 SH   OTR 1 0 163,013 0
INVESCO MUN TR COM 46131J103 1,180 92,218 SH   OTR 1 0 92,218 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 708 54,626 SH   OTR 1 0 54,626 0
ISHARES TR 1-3 YR TR BD ETF 464287457 299 3,518 SH   OTR 2 0 3,518 0
ISHARES TR 20+ YR TR BD ETF 464287432 256 1,959 SH   OTR 2 0 1,959 0
ISHARES TR 7-10 Y TR BD ETF 464287440 633 5,840 SH   OTR 2 0 5,840 0
CREDIT SUISSE NASSAU BRH INVRS VIX MDTERM 22542D829 214 5,095 SH   OTR 2 0 5,095 0
POWERSHARES ETF TR II BUILD AMER ETF 73937B407 251 8,253 SH   OTR 2 0 8,253 0
POWERSHARES ETF TRUST DYNA BUYBK ACH 73935X286 205 4,156 SH   OTR 2 0 4,156 0
UBS AG JERSEY BRH CMCI GOLD ETN 902641810 344 11,234 SH   OTR 2 0 11,234 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 541 5,047 SH   OTR 2 0 5,047 0