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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
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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
INVESCO OPTIMUM YIELD DIVERSIF OPTIMUM YIELD 46090F100 30,113 1,998,204 SH   SOLE   1,407,564 0 590,640
JP MORGAN EXCH TRADED NT ALERI ALERIAN ML ETN 46625h365 14,426 646,324 SH   SOLE   472,372 0 173,952
VANGUARD FTSE EUROPE ETF FTSE EUROPE ETF 922042874 5,179 106,511 SH   SOLE   7,222 0 99,289
VANGUARD GLOBAL EX US REAL EST GLB EX US ETF 922042676 16,099 307,166 SH   SOLE   204,257 0 102,909
VANGUARD INDEX FDS MID CAP ETF MID CAP ETF 922908629 219 1,582 SH   SOLE   0 0 1,582
VANGUARD INDEX FDS REAL ESTATE REIT ETF 922908553 418 5,607 SH   SOLE   0 0 5,607
VANGUARD INDEX FDS S&P 500 ETF S&P 500 ETF SHS 922908363 345 1,500 SH   SOLE   0 0 1,500
VANGUARD INDEX FDS SMALL CP ET SMALL CP ETF 922908751 219 1,659 SH   SOLE   0 0 1,659
VANGUARD INDEX FDS TOTAL STK M STK MRK ETF 922908769 16,970 132,959 SH   SOLE   75,564 0 57,395
VANGUARD INDEX FDS VALUE ETF VALUE ETF 922908744 25,901 264,429 SH   SOLE   172,563 0 91,866
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 922042775 796 17,470 SH   SOLE   0 0 17,470
VANGUARD INTL EQUITY INDEX FD EMR MKT ETF 922042858 33,467 878,388 SH   SOLE   577,866 0 300,522
VANGUARD INTL EQUITY INDEX FD FTSE SMCAP ETF 922042718 20,599 217,569 SH   SOLE   167,680 0 49,889
VANGUARD SECTOR INDEXFDS VANGU ENERGY ETF 92204a306 451 5,844 SH   SOLE   0 0 5,844
VANGUARD TAX MANAGED INTL FD F FTSE DEV MKT ETF 921943858 27,435 739,485 SH   SOLE   437,641 0 301,844
VANGUARD WORLD FDS CONSUM DIS CONSUM DIS ETF 92204A108 268 1,781 SH   SOLE   0 0 1,781
VANGUARD WORLD FDS INF TECH ET INF TECH ETF 92204A702 263 1,575 SH   SOLE   0 0 1,575
ISHARES TR NATIONAL MUN ETF NATIONAL MUN ETF 464288414 269 2,471 SH   SOLE   0 0 2,471
ISHARES TR SHRT NAT MUN ETF SHRT NAT MUN ETF 464288158 6,086 57,740 SH   SOLE   5,752 0 51,988
SPDR SER TR BLOOMBERG BRC INV BLOMBERG BRC INV 78468R200 49,860 1,641,739 SH   SOLE   1,015,618 0 626,121
SPDR SER TR NUVEEN BLMBRG SR NUVN BR SHT MUNI 78468R739 447 9,303 SH   SOLE   0 0 9,303
SPDR SERIES TRUST PORTFOLIO SH PORTFOLIO SHORT 78464A474 26,953 894,272 SH   SOLE   631,168 0 263,104
SPDR SERIES TRUST SHRT INTL ET BLOMBERG BRC INT 78464A334 39,106 1,273,809 SH   SOLE   868,366 0 405,443
SSGA ACTIVE ETF TR BLKSTN GSOS BLKSTN GSOSRLN 78467V608 30,436 680,893 SH   SOLE   499,576 0 181,317
VANECK VECTORS JP MORGAN EM LO JP MORGAN MKTS 92189H300 9,631 291,838 SH   SOLE   279,268 0 12,570
VANGUARD BD INDEX FD INC SHORT SHORT TRM BOND 921937827 44,934 571,896 SH   SOLE   536,313 0 35,583
VANGUARD CHARLOTTE FDS INTL BD INTL BD IDX ETF 92203J407 18,690 344,522 SH   SOLE   331,337 0 13,185
VANGUARD MALVERN FDS STRM INFP STRM INFPROIDX 922020805 24,084 502,584 SH   SOLE   392,367 0 110,217