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 EMU ETF 464286608 78,552 1,898,315 SH   SOLE 1,898,315 0 0
ISHARES TIPS BD ETF 464287176 24,267 220,813 SH   SOLE 220,813 0 0
ISHARES MSCI EMG MKT ETF 464287234 36,580 875,222 SH   SOLE 875,222 0 0
ISHARES S&P 500 VAL ETF 464287408 572 6,692 SH   SOLE 6,692 0 0
ISHARES MSCI EAFE ETF 464287465 270,648 4,033,797 SH   SOLE 4,033,797 0 0
ISHARES RUS 1000 ETF 464287622 298,011 2,888,539 SH   SOLE 2,888,539 0 0
ISHARES RUSSELL 2000 ETF 464287655 101,681 881,423 SH   SOLE 881,423 0 0
ISHARES CORE S&P SCP ETF 464287804 218 2,002 SH   SOLE 2,002 0 0
ISHARES AGENCY BOND ETF 464288166 42,337 382,967 SH   SOLE 382,967 0 0
ISHARES EAFE SML CP ETF 464288273 62,056 1,217,262 SH   SOLE 1,217,262 0 0
ISHARES NAT AMT FREE BD 464288414 59,197 570,626 SH   SOLE 570,626 0 0
ISHARES INTL DEV RE ETF 464288489 48,169 1,561,146 SH   SOLE 1,561,146 0 0
ISHARES MBS ETF 464288588 286,784 2,742,512 SH   SOLE 2,742,512 0 0
ISHARES INTERM CR BD ETF 464288638 120,636 1,118,240 SH   SOLE 1,118,240 0 0
ISHARES 3-7 YR TR BD ETF 464288661 78,862 657,017 SH   SOLE 657,017 0 0
ISHARES MICRO-CAP ETF 464288869 38,790 516,378 SH   SOLE 516,378 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 114,614 1,077,609 SH   SOLE 1,077,609 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 16,121 664,800 SH   SOLE 664,800 0 0
POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 51,278 1,850,936 SH   SOLE 1,850,936 0 0
POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 23,970 1,421,729 SH   SOLE 1,421,729 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 206,935 4,694,525 SH   SOLE 4,694,525 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 70,103 1,335,291 SH   SOLE 1,335,291 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 24,888 1,011,718 SH   SOLE 1,011,718 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 185,449 5,881,684 SH   SOLE 5,881,684 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 45,200 1,494,199 SH   SOLE 1,494,199 0 0
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 54,146 1,039,872 SH   SOLE 1,039,872 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870 17,924 339,663 SH   SOLE 339,663 0 0
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 37,779 1,183,565 SH   SOLE 1,183,565 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 78,264 3,580,242 SH   SOLE 3,580,242 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 21,433 184,579 SH   SOLE 184,579 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 37,814 932,300 SH   SOLE 932,300 0 0
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 40,931 708,889 SH   SOLE 708,889 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 65,206 914,915 SH   SOLE 914,915 0 0
SPDR SERIES TRUST S&P SEMICNDCTR 78464A862 38,595 631,563 SH   SOLE 631,563 0 0
VANGUARD ADMIRAL FDS INC 500 VAL IDX FD 921932703 1,201 14,643 SH   SOLE 14,643 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 510 3,014 SH   SOLE 3,014 0 0
VANGUARD INDEX FDS REIT ETF 922908553 589 9,130 SH   SOLE 9,130 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 302 3,100 SH   SOLE 3,100 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 333 3,576 SH   SOLE 3,576 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 426 5,575 SH   SOLE 5,575 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,788 18,645 SH   SOLE 18,645 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 361 3,918 SH   SOLE 3,918 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 857 20,560 SH   SOLE 20,560 0 0
VANGUARD WORLD FD MEGA CAP VAL ETF 921910840 284 5,164 SH   SOLE 5,164 0 0