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
Blackrock Core Bond Trust COM 09249e101 285 21,765 SH   SOLE   0 0 21,765
Eaton Vance Ltd Duration Incom COM 27828h105 152 11,700 SH   SOLE   0 0 11,700
FIRST TRUST SENIOR FLOATING COM 33733U108 771 58,309 SH   SOLE   7,010 0 51,299
High Yield L/S ETF - First Tru COM 33738d408 812 17,050 SH   SOLE   17,050 0 0
INVESCO MUNICIPAL TRUST COM 46131J103 338 28,930 SH   SOLE   4,360 0 24,570
ISHARES 1-3 YEAR CREDIT BOND COM 464288646 263 2,533 SH   SOLE   2,060 0 473
ISHARES IBONDS DEC 2018 TERM COM 46434VAA8 321 12,770 SH   SOLE   9,106 0 3,664
ISHARES JP MORGAN EM CORPORA COM 464286251 149 2,976 SH   SOLE   2,409 0 567
Invesco Quality Muni Income COM 46133g107 412 34,590 SH   SOLE   0 0 34,590
MORGAN STANLEY EMERGING MARK COM 617477104 508 65,004 SH   SOLE   11,713 0 53,291
PIMCO 0-5 YEAR H/Y CORP BOND COM 72201R783 235 2,357 SH   SOLE   1,513 0 844
PIMCO ENHANCED SHORT MATURIT COM 72201R833 1,593 15,689 SH   SOLE   3,723 0 11,966
POWERSHARES SENIOR LOAN COM 73936Q769 195 8,443 SH   SOLE   6,567 0 1,876
PRUDENTIAL GL SH DUR HI YLD COM 74433A109 529 38,118 SH   SOLE   6,571 0 31,547
SPDR BBG BARC INTL TREASURY COM 78464A516 1,552 52,588 SH   SOLE   911 0 51,677
SPDR NUVEEN BBG BARC ST MUNI COM 78468R739 77 1,614 SH   SOLE   1,018 0 596
SSGA ACTIVE ETF TRUST BLKSTN G COM 78467V608 914 19,280 SH   SOLE   8,640 0 10,640
POWERSHARES DB COMMODITY IND COM 73935S105 2,512 147,936 SH   SOLE   2,538 0 145,398
ABBVIE INC COMMON STOCK COM 00287y109 6 59 SH   SOLE   59 0 0
ADOBE SYSTEMS INC COM 00724f101 6 27 SH   SOLE   27 0 0
AMAZON COM INC COM 023135106 6 4 SH   SOLE   4 0 0
AT&T INC. COM 00206r102 6 159 SH   SOLE   159 0 0
BOEING CO COM 097023105 6 18 SH   SOLE   18 0 0
BOOKING HOLDINGS INC COM 09857l108 6 3 SH   SOLE   3 0 0
BURLINGTON STORES INC COM 122017106 6 43 SH   SOLE   43 0 0
CISCO SYSTEMS INC COM 17275r102 6 136 SH   SOLE   136 0 0
CONSTELLATION BRAND CLASS A COM 21036p108 32 141 SH   SOLE   141 0 0
ConocoPhillips COM 20825C104 6 96 SH   SOLE   96 0 0
ESTEE LAUDER COMPANIES INC - C COM 518439104 6 39 SH   SOLE   39 0 0
EXXON MOBIL CORP COMMON STOCK COM 30231G102 37 502 SH   SOLE   502 0 0
FACEBOOK INC-A COM 30303M102 6 37 SH   SOLE   37 0 0
FORD MOTOR COMPANY COMMON STOC COM 345370860 6 527 SH   SOLE   527 0 0
GENERAL MOTORS CO COMMON STOCK COM 37045v100 6 161 SH   SOLE   161 0 0
GLOBAL X SCIENT COM 37954Y103 7,370 238,590 SH   SOLE   168,706 0 69,884
GOLDMAN ACTIVEBETA US LC ETF COM 381430503 1,798 33,657 SH   SOLE   1,537 0 32,120
HOME DEPOT INC COM 437076102 35 195 SH   SOLE   0 0 195
HOVNANIAN ENTERPRISES INC COM COM 442487203 33 18,180 SH   SOLE   0 0 18,180
INTEL CORPORATION COM 458140100 6 116 SH   SOLE   116 0 0
ISHARES CORE S&P 500 ETF COM 464287200 2,262 8,523 SH   SOLE   836 0 7,687
LAS VEGAS SANDS CORP COMMON ST COM 517834107 6 81 SH   SOLE   81 0 0
MASTERCARD INC COMMON STOCK COM 57636Q104 6 34 SH   SOLE   34 0 0
MONSTER BEVERAGE COR COM 61174x109 6 100 SH   SOLE   100 0 0
MSCI Inc COM 55354G100 6 37 SH   SOLE   37 0 0
NASDAQ STOCK MARKET INC COM ST COM 631103108 6 68 SH   SOLE   68 0 0
NETFLIX INC COM 64110l106 6 19 SH   SOLE   19 0 0
NVIDIA CORP COM 67066g104 6 26 SH   SOLE   26 0 0
PAYPAL HOLDINGS INCO COM 70450y103 6 77 SH   SOLE   77 0 0
PFIZER INCORPORATED COM 717081103 6 156 SH   SOLE   156 0 0
PRICE T ROWE GROUP INC COM COM 74144t108 6 54 SH   SOLE   54 0 0
PRINCIPAL FINANCIAL GROUP COMM COM 74251v102 6 95 SH   SOLE   95 0 0
Polo Ralph Lauren Corp. COM 751212101 6 52 SH   SOLE   52 0 0
SCHWAB (CHARLES) CORP COM 808513105 6 110 SH   SOLE   110 0 0
SPDR MSCI U COM 78468R812 778 10,179 SH   SOLE   0 0 10,179
SQUARE INC CLASS A COM 852234103 6 122 SH   SOLE   122 0 0
Sprint Nextel Corp COM 85207u105 23 4,720 SH   SOLE   4,720 0 0
T-MOBILE US INC COM 872590104 5 90 SH   SOLE   90 0 0
TAPESTRY INC COM 876030107 6 108 SH   SOLE   108 0 0
TARGET CORPORATION COMMON STOC COM 87612e106 6 80 SH   SOLE   80 0 0
WELLS FARGO COMPANY COMMON STO COM 949746101 5 98 SH   SOLE   98 0 0
FINANCIAL SELECT SECTOR SPDR COM 81369Y605 253 9,167 SH   SOLE   1,127 0 8,040
SPDR S&P 500 TR UNIT ETF COM 78462F103 24,423 92,810 SH   SOLE   58,039 0 34,771
FERRARI N V F COM n3167y103 6 48 SH   SOLE   48 0 0
GLOBAL X MSCI N COM 37950E747 2,389 173,608 SH   SOLE   91,708 0 81,900
ISHARES MSCI A COM 464286202 3,272 129,041 SH   SOLE   70,787 0 58,254
ISHARES MSCI B COM 464286400 709 15,796 SH   SOLE   11,439 0 4,357
ISHARES MSCI C COM 464286640 904 17,050 SH   SOLE   9,964 0 7,086
ISHARES MSCI M COM 464286822 1,380 26,791 SH   SOLE   12,593 0 14,198
ISHARES MSCI P COM 46429B606 2,653 105,699 SH   SOLE   59,668 0 46,031
ISHARES MSCI S COM 46434G780 1,499 56,187 SH   SOLE   21,780 0 34,407
ISHARES MSCI S COM 464286764 3,293 101,300 SH   SOLE   45,081 0 56,219
ISHARES MSCI T COM 464286624 2,568 25,760 SH   SOLE   12,811 0 12,949
ISHARES CORE MSCI EMERGING COM 46434G103 1,630 27,918 SH   SOLE   982 0 26,936
ISHARES INC MSCI I COM 46434G830 798 24,812 SH   SOLE   16,753 0 8,059
ISHARES INC MSCI T COM 46434G772 141 3,666 SH   SOLE   248 0 3,418
ISHARES MSCI JAPAN COM 46434G822 11,461 188,883 SH   SOLE   83,036 0 105,847
ISHARES MSCI SOUTH COM 464286772 7,028 93,150 SH   SOLE   41,576 0 51,574
ISHARES MSCI AUSTRALIA ETF COM 464286103 3,514 159,588 SH   SOLE   65,901 0 93,687
ISHARES MSCI CANADA ETF COM 464286509 4,875 176,891 SH   SOLE   80,137 0 96,754
ISHARES MSCI CHINA ETF COM 46429B671 12,284 179,142 SH   SOLE   84,727 0 94,415
ISHARES MSCI EAFE INDEX FUND COM 464287465 276 3,960 SH   SOLE   0 0 3,960
ISHARES MSCI EMERGING MARKET COM 464287234 1,170 24,240 SH   SOLE   0 0 24,240
ISHARES MSCI FRANCE ETF COM 464286707 397 12,645 SH   SOLE   0 0 12,645
ISHARES MSCI GERMANY ETF COM 464286806 352 10,985 SH   SOLE   0 0 10,985
ISHARES MSCI HONG KONG ETF COM 464286871 932 36,826 SH   SOLE   741 0 36,085
ISHARES MSCI NETHERLANDSETF COM 464286814 1,912 59,795 SH   SOLE   32,745 0 27,050
ISHARES MSCI SOUTH AFRICA COM 464286780 2,041 29,712 SH   SOLE   12,353 0 17,359
ISHARES MSCI TURKEY ETF COM 464286715 3,320 78,268 SH   SOLE   40,932 0 37,336
ISHARES TR ETF MSCI UTD K COM 46435G334 1,365 39,267 SH   SOLE   224 0 39,043
JD.COM INC F SPONSORED ADR 1 A COM 47215p106 23 560 SH   SOLE   560 0 0
SPDR EURO STOXX 50 ETF FUND COM 78463x202 282 7,000 SH   SOLE   0 0 7,000
X TRACKERS JAPAN COM 233051663 5,562 187,168 SH   SOLE   88,476 0 98,692
X TRACKERS MSCI S COM 233051812 254 8,063 SH   SOLE   0 0 8,063
ISHARES MSCI ACWI EX US ETF COM 464288240 2,689 54,119 SH   SOLE   5,081 0 49,038
CONSUMER DISCRETIONARY SELT COM 81369Y407 816 8,053 SH   SOLE   321 0 7,732
EMERGING MRKTS INTERNET & EC E COM 301505889 367 9,300 SH   SOLE   0 0 9,300
POWERSHARES KBW BANK COM 73937B746 2,025 36,833 SH   SOLE   0 0 36,833
TECHNOLOGY SELECT SECT SPDR COM 81369Y803 2,273 34,744 SH   SOLE   528 0 34,216