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
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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
EBIX INC COM NEW COM NEW 278715206 201 4,000 SH   SOLE   0 0 4,000
ESSEX PPTY TR INC COM COM 297178105 477 1,634 SH   SOLE   0 0 1,634
ISHARES TR COHEN STEER REIT COHEN STEER REIT 464287564 2,309 20,500 SH   SOLE   0 0 20,500
MICROSOFT CORP COM COM 594918104 536 4,000 SH   SOLE   0 0 4,000
OLD DOMINION FGHT LINES INC CO COM 679580100 605 4,050 SH   SOLE   0 0 4,050
INVESCO OPTIMUM YIELD DIVERSIF OPTIMUM YIELD 46090F100 43,787 2,674,834 SH   SOLE   1,793,037 0 881,797
INVESCO QQQ TR UNIT SER 1 UNIT SER 1 46090E103 2,708 14,499 SH   SOLE   0 0 14,499
ISHARES INC MSCI JPN ETF NEW MSCI JPN ETF NEW 46434G822 750 13,750 SH   SOLE   0 0 13,750
ISHARES INC MSCI THAILND ETF MSCI THAILND ETF 464286624 239 2,501 SH   SOLE   0 0 2,501
ISHARES MORNINGSTAR LARGE CAP MRNGSTR LG-CP ET 464287127 215 1,299 SH   SOLE   0 0 1,299
ISHARES TR CHINA LG-CAP ETF CHINA LG-CAP ETF 464287184 518 12,100 SH   SOLE   0 0 12,100
ISHARES TR CORE MSCI EAFE CORE MSCI EAFE 46432F842 368 6,000 SH   SOLE   0 0 6,000
ISHARES TR CORE S&P TTL STK CORE S&P TTL STK 464287150 1,652 24,799 SH   SOLE   0 0 24,799
ISHARES TR CORE S&P US VLU CORE S&P US VLU 464287663 255 4,500 SH   SOLE   0 0 4,500
ISHARES TR MIN VOL USA ETF MIN VOL USA ETF 46429B697 3,253 52,701 SH   SOLE   0 0 52,701
ISHARES TR NASDAQ BIOTECH NASDAQ BIOTECH 464287556 1,604 14,700 SH   SOLE   0 0 14,700
JP MORGAN EXCH TRADED NT ALERI ALERIAN ML ETN 46625h365 16,091 640,831 SH   SOLE   471,928 0 168,903
SCHWAB STRATEGIC TR US DIVIDEN US DIVIDEND EQ 808524797 398 7,500 SH   SOLE   0 0 7,500
SELECT SECTOR SPDR TR SBI CONS SBI CONS DISCR 81369Y407 238 2,000 SH   SOLE   0 0 2,000
SELECT SECTOR SPDR TR SBI CONS SBI CONS STPLS 81369Y308 755 13,000 SH   SOLE   0 0 13,000
SELECT SECTOR SPDR TR SBI INT- SBI INT-UTILS 81369Y886 1,598 26,800 SH   SOLE   0 0 26,800
SPDR DOW JONES INDUSTRIAL AVER UT SER 1 78467x109 266 999 SH   SOLE   0 0 999
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 4,425 15,101 SH   SOLE   0 0 15,101
SPDR SERIES TRUST S&P BIOTECH S&P BIOTECH 78464A870 1,184 13,500 SH   SOLE   0 0 13,500
SPDR SERIES TRUST S&P HOMEBUIL S&P HOMEBUILD 78464A888 792 19,001 SH   SOLE   0 0 19,001
VANECK VECTORS ETF TR AGRIBUSI AGRIBUSINESS ETF 92189F700 1,583 23,701 SH   SOLE   0 0 23,701
VANGUARD FTSE EUROPE ETF FTSE EUROPE ETF 922042874 26,952 490,936 SH   SOLE   352,531 0 138,405
VANGUARD GLOBAL EX US REAL EST GLB EX US ETF 922042676 24,716 418,915 SH   SOLE   303,874 0 115,041
VANGUARD GROUP DIV APP ETF DIV APP ETF 921908844 1,267 11,000 SH   SOLE   0 0 11,000
VANGUARD INDEX FDS EXTEND MKT EXTEND MKT ETF 922908652 296 2,500 SH   SOLE   0 0 2,500
VANGUARD INDEX FDS MCAP VL IDX MCAP VL IDXVIP 922908512 835 7,500 SH   SOLE   0 0 7,500
VANGUARD INDEX FDS MID CAP ETF MID CAP ETF 922908629 1,346 8,052 SH   SOLE   0 0 8,052
VANGUARD INDEX FDS REAL ESTATE REIT ETF 922908553 2,619 29,971 SH   SOLE   0 0 29,971
VANGUARD INDEX FDS S&P 500 ETF S&P 500 ETF SHS 922908363 2,707 10,059 SH   SOLE   0 0 10,059
VANGUARD INDEX FDS SM CP VAL E SM CP VAL ETF 922908611 3,120 23,900 SH   SOLE   0 0 23,900
VANGUARD INDEX FDS SMALL CP ET SMALL CP ETF 922908751 1,114 7,108 SH   SOLE   0 0 7,108
VANGUARD INDEX FDS TOTAL STK M STK MRK ETF 922908769 53,456 356,158 SH   SOLE   222,608 0 133,550
VANGUARD INDEX FDS VALUE ETF VALUE ETF 922908744 42,683 384,805 SH   SOLE   282,319 0 102,486
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 922042775 1,151 22,577 SH   SOLE   0 0 22,577
VANGUARD INTL EQUITY INDEX FD EMR MKT ETF 922042858 61,983 1,457,394 SH   SOLE   943,930 0 513,464
VANGUARD INTL EQUITY INDEX FD FTSE SMCAP ETF 922042718 23,997 227,974 SH   SOLE   148,710 0 79,264
VANGUARD INTL EQUITY INDEX FD TT WRLD ST ETF 922042742 2,820 37,520 SH   SOLE   0 0 37,520
VANGUARD MEGA CAP GROWTH ETF MEGA GRWTH IND 921910816 259 2,001 SH   SOLE   0 0 2,001
VANGUARD TAX MANAGED INTL FD F FTSE DEV MKT ETF 921943858 78,218 1,875,289 SH   SOLE   1,349,706 0 525,583
VANGUARD WHITEHALL FDS INC HIG HIGH DIV YLD 921946406 1,966 22,500 SH   SOLE   0 0 22,500
VANGUARD WORLD FDS CONSUM DIS CONSUM DIS ETF 92204A108 206 1,151 SH   SOLE   0 0 1,151
VANGUARD WORLD FDS CONSUM STP CONSUM STP ETF 92204A207 665 4,470 SH   SOLE   0 0 4,470
VANGUARD WORLD FDS FINANCIALS FINANCIALS ETF 92204A405 603 8,737 SH   SOLE   0 0 8,737
VANGUARD WORLD FDS HEALTH CAR HEALTH CAR ETF 92204A504 2,541 14,610 SH   SOLE   0 0 14,610
VANGUARD WORLD FDS MATERIALS E MATERIALS ETF 92204A801 744 5,800 SH   SOLE   0 0 5,800
VANGUARD WORLD FDS UTILITIES E UTILITIES ETF 92204A876 712 5,357 SH   SOLE   0 0 5,357
ISHARES TR CORE US AGGBD ET CORE US AGGBD ET 464287226 500 4,487 SH   SOLE   0 0 4,487
ISHARES TR NATIONAL MUN ETF NATIONAL MUN ETF 464288414 333 2,944 SH   SOLE   0 0 2,944
ISHARES TR SHRT NAT MUN ETF SHRT NAT MUN ETF 464288158 35,408 332,312 SH   SOLE   13,704 0 318,608
SPDR SER TR BLOOMBERG BRC INV BLOMBERG BRC INV 78468R200 25,311 823,671 SH   SOLE   466,522 0 357,149
SPDR SERIES TRUST PORTFOLIO SH PORTFOLIO SHORT 78464A474 36,027 1,170,480 SH   SOLE   680,283 0 490,197
SPDR SERIES TRUST SHRT INTL ET BLOMBERG BRC INT 78464A334 28,260 909,265 SH   SOLE   524,696 0 384,569
SSGA ACTIVE ETF TR BLKSTN GSOS BLKSTN GSOSRLN 78467V608 20,560 444,834 SH   SOLE   272,437 0 172,397
VANECK VECTORS JP MORGAN EM LO JP MORGAN MKTS 92189H300 2,281 65,730 SH   SOLE   0 0 65,730
VANGUARD CHARLOTTE FDS INTL BD INTL BD IDX ETF 92203J407 3,586 62,591 SH   SOLE   0 0 62,591
VANGUARD MALVERN FDS STRM INFP STRM INFPROIDX 922020805 23,274 471,898 SH   SOLE   282,576 0 189,322
VANGUARD WHITEHALL FDS INC EME EMERG MKT BD ETF 921946885 2,335 29,036 SH   SOLE   0 0 29,036