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
0-5 Year High Yield ETF - PIMC COM 72201r783 1,244 12,278 SH   SOLE   6,139 0 6,139
20 yr Treasury ETF - iShares COM 464287432 5,570 44,518 SH   SOLE   22,259 0 22,259
Barclays 1-3 Yr Credit Bond ET COM 464288646 984 9,340 SH   SOLE   4,670 0 4,670
Blackrock Core Bond Trust COM 09249E101 668 48,130 SH   SOLE   24,065 0 24,065
Blackrock Limited Duration CEF COM 09249w101 902 57,156 SH   SOLE   28,578 0 28,578
Blackrock Multi-Sector Income COM 09258A107 1,492 82,308 SH   SOLE   41,154 0 41,154
Blackstone/GSO Senior Loan ETF COM 78467V608 1,578 33,280 SH   SOLE   16,640 0 16,640
Eaton Vance Ltd Duration Incom COM 27828h105 475 33,654 SH   SOLE   16,827 0 16,827
High Yield 0-5yr Bond ETF - SP COM 78468R408 1,181 42,240 SH   SOLE   21,120 0 21,120
High Yield L/S ETF - First Tru COM 33738d408 1,676 34,100 SH   SOLE   17,050 0 17,050
Invesco Cali Value Muni CEF COM 46132H106 293 23,200 SH   SOLE   11,600 0 11,600
Invesco Muni CEF COM 46131j103 1,571 122,410 SH   SOLE   61,205 0 61,205
Invesco Quality Muni Income COM 46133g107 904 70,930 SH   SOLE   35,465 0 35,465
MS EM Domestic Debt CEF COM 617477104 859 108,342 SH   SOLE   54,171 0 54,171
PIMCO Enhanced Short Maturity COM 72201R833 8,137 79,996 SH   SOLE   39,998 0 39,998
Senior Loan ETF - Powershares COM 73936q769 763 32,970 SH   SOLE   16,485 0 16,485
Short Term Muni Bond ETF - SPD COM 78468r739 575 11,846 SH   SOLE   5,923 0 5,923
Sr Floating Rate CEF - FirstTr COM 33733u108 1,494 112,270 SH   SOLE   56,135 0 56,135
iBonds Dec18 Corp ETF -iShares COM 46434vaa8 721 28,632 SH   SOLE   14,316 0 14,316
AT&T Inc COM 00206R102 509 13,492 SH   SOLE   6,746 0 6,746
AbbVie Inc. COM 00287Y109 582 8,020 SH   SOLE   4,010 0 4,010
Activision Inc. COM 00507v109 562 9,758 SH   SOLE   4,879 0 4,879
Adobe Systems Inc COM 00724f101 493 3,488 SH   SOLE   1,744 0 1,744
Best Buy Inc COM 086516101 592 10,322 SH   SOLE   5,161 0 5,161
Boeing Co COM 097023105 487 2,462 SH   SOLE   1,231 0 1,231
Bristol-Myers Squibb Co. COM 110122108 588 10,560 SH   SOLE   5,280 0 5,280
Cisco Systems Inc COM 17275r102 552 17,648 SH   SOLE   8,824 0 8,824
Coach Inc COM 189754104 516 10,898 SH   SOLE   5,449 0 5,449
Constellation Brands, Inc. COM 21036P108 532 2,744 SH   SOLE   1,372 0 1,372
Darden Restaurants Inc COM 237194105 506 5,590 SH   SOLE   2,795 0 2,795
Electronic Arts COM 285512109 510 4,824 SH   SOLE   2,412 0 2,412
Facebook Inc COM 30303m102 637 4,222 SH   SOLE   2,111 0 2,111
Ford Motor Co. COM 345370860 517 46,162 SH   SOLE   23,081 0 23,081
Gap Inc COM 364760108 501 22,772 SH   SOLE   11,386 0 11,386
General Motors Corp. COM 37045V100 517 14,804 SH   SOLE   7,402 0 7,402
Gilead Sciences Inc COM 375558103 556 7,852 SH   SOLE   3,926 0 3,926
Hasbro Inc. COM 418056107 503 4,512 SH   SOLE   2,256 0 2,256
Hovnanian Enterprises Inc. COM 442487203 102 36,360 SH   SOLE   18,180 0 18,180
Kohls Corp COM 500255104 515 13,320 SH   SOLE   6,660 0 6,660
Mastercard Inc COM 57636q104 496 4,082 SH   SOLE   2,041 0 2,041
McDonalds Corp COM 580135101 508 3,316 SH   SOLE   1,658 0 1,658
Metlife Inc COM 59156r108 519 9,446 SH   SOLE   4,723 0 4,723
Monster Beverage Corp COM 61174x109 510 10,256 SH   SOLE   5,128 0 5,128
Pfizer Inc COM 717081103 535 15,938 SH   SOLE   7,969 0 7,969
Priceline.com Inc New COM 741503403 486 260 SH   SOLE   130 0 130
Quality S&P500 - SPDR ETF COM 78468R812 14,314 205,218 SH   SOLE   102,609 0 102,609
Royal Caribbean Cruises Ltd. COM V7780T103 500 4,576 SH   SOLE   2,288 0 2,288
Schwab Charles Corp COM 808513105 532 12,392 SH   SOLE   6,196 0 6,196
Scientific Beta US ETF - Globa COM 37954Y103 13,319 464,234 SH   SOLE   232,117 0 232,117
Sherwin Williams Co COM 824348106 497 1,416 SH   SOLE   708 0 708
Square Inc - A COM 852234103 494 21,070 SH   SOLE   10,535 0 10,535
T-Mobile US Inc. COM 872590104 505 8,326 SH   SOLE   4,163 0 4,163
Tesla Motors Inc COM 88160R101 498 1,378 SH   SOLE   689 0 689
US Large Cap ETF - Goldman Sac COM 381430503 4,549 94,560 SH   SOLE   47,280 0 47,280
US S&P 500 Index ETF - SPDR COM 78462F103 48,518 200,652 SH   SOLE   100,326 0 100,326
US S&P500 ETF - iShares COM 464287200 10,994 45,168 SH   SOLE   22,584 0 22,584
Zillow Group Inc. COM 98954m101 527 10,798 SH   SOLE   5,399 0 5,399
Australia ETF - iShares COM 464286103 6,431 296,646 SH   SOLE   148,323 0 148,323
Austria ETF - iShares COM 464286202 4,364 205,444 SH   SOLE   102,722 0 102,722
Brazil ETF - iShares COM 464286400 504 14,754 SH   SOLE   7,377 0 7,377
Canada ETF - iShares COM 464286509 1,007 37,632 SH   SOLE   18,816 0 18,816
China ETF - iShares COM 46429b671 17,907 327,420 SH   SOLE   163,710 0 163,710
Core Emerging Markets - iShare COM 46434G103 948 18,940 SH   SOLE   9,470 0 9,470
DJ Euro Stoxx 50 ETF - SPDR COM 78463x202 539 14,000 SH   SOLE   7,000 0 7,000
Denmark ETF - iShares COM 46429B523 2,000 31,918 SH   SOLE   15,959 0 15,959
EAFE Index ETF - iShares COM 464287465 10,119 155,200 SH   SOLE   77,600 0 77,600
Ferrari NV COM n3167y103 501 5,830 SH   SOLE   2,915 0 2,915
France ETF - iShares COM 464286707 13,246 460,574 SH   SOLE   230,287 0 230,287
Germany ETF - iShares COM 464286806 13,491 445,698 SH   SOLE   222,849 0 222,849
India ETF - iShares COM 464289529 816 24,282 SH   SOLE   12,141 0 12,141
Japan Nikkei 400 ETF - Deutsch COM 233051663 9,243 351,668 SH   SOLE   175,834 0 175,834
Japan Yen Hedged ETF - Deutsch COM 233051507 9,496 243,872 SH   SOLE   121,936 0 121,936
Korea Hedged ETF - Deutsche Ba COM 233051812 12,422 419,236 SH   SOLE   209,618 0 209,618
MSCI Emerging Markets ETF - iS COM 464287234 8,497 205,302 SH   SOLE   102,651 0 102,651
Molson Coors Brewing Co Cl B COM 60871R209 505 5,854 SH   SOLE   2,927 0 2,927
Netherlands ETF - iShares COM 464286814 4,932 170,496 SH   SOLE   85,248 0 85,248
Poland ETF - iShares COM 46429B606 4,219 173,784 SH   SOLE   86,892 0 86,892
Spain ETF - iShares COM 464286764 4,176 127,172 SH   SOLE   63,586 0 63,586
Sweden ETF - iShares COM 464286756 2,971 87,592 SH   SOLE   43,796 0 43,796
Taiwan ETF - iShares COM 46434g772 4,910 137,301 SH   SOLE   68,650 0 68,650
Turkey ETF - iShares COM 464286715 1,949 46,952 SH   SOLE   23,476 0 23,476
United Kingdom ETF - iShares COM 46435g334 3,638 109,142 SH   SOLE   54,571 0 54,571
ACWI ex US ETF - iShares COM 464288240 10,870 238,424 SH   SOLE   119,212 0 119,212
Emerging Markets Internet & EC COM 301505889 590 18,600 SH   SOLE   9,300 0 9,300
KBW Bank ETF - Powershares COM 73937B746 5,793 117,410 SH   SOLE   58,705 0 58,705
Technology Select Sector ETF - COM 81369Y803 5,758 105,224 SH   SOLE   52,612 0 52,612