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
ALTRIA GROUP INC COM 02209S103 266 7,112 SH   SOLE   6,124 0 988
AMBEV SA SPONSORED ADR 02319V103 343 46,271 SH   SOLE   40,983 0 5,288
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 337 3,200 SH   SOLE   2,834 0 366
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 287 2,578 SH   SOLE   2,220 0 358
COUPONS COM INC COM 22265J102 8,874 360,000 SH   SOLE   360,000 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 324 2,601 SH   SOLE   2,304 0 297
EGA EMERGING GLOBAL SHS TR EGS EMKTCONS ETF 268461779 2,718 102,463 SH   SOLE   90,867 0 11,596
ISHARES MBS ETF 464288588 289 2,724 SH   SOLE   0 0 2,724
ISHARES MSCI UK ETF 464286699 936 45,443 SH   SOLE   40,222 0 5,221
ISHARES CORE S&P MCP ETF 464287507 1,917 13,945 SH   SOLE   12,292 0 1,653
ISHARES CORE S&P SCP ETF 464287804 888 8,065 SH   SOLE   7,107 0 958
ISHARES EMU ETF 464286608 2,561 60,589 SH   SOLE   53,660 0 6,929
ISHARES IBOXX INV CP ETF 464287242 1,462 12,504 SH   SOLE   1,278 0 11,226
ISHARES MSCI CDA ETF 464286509 3,468 117,344 SH   SOLE   103,457 0 13,887
ISHARES MSCI EAFE ETF 464287465 33,129 492,993 SH   SOLE   435,262 0 57,731
ISHARES MSCI EMG MKT ETF 464287234 5,675 138,382 SH   SOLE   122,721 0 15,661
ISHARES MSCI JAPAN ETF 464286848 859 75,847 SH   SOLE   67,107 0 8,740
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1,361 29,237 SH   SOLE   25,896 0 3,341
KAYNE ANDERSON MLP INVT CO COM 486606106 1,277 34,796 SH   SOLE   30,820 0 3,976
MARIN SOFTWARE INC COM 56804T106 2,840 268,664 SH   SOLE   268,664 0 0
MOLSON COORS BREWING CO CL B 60871R209 355 6,029 SH   SOLE   5,340 0 689
PHILIP MORRIS INTL INC COM 718172109 253 3,096 SH   SOLE   2,666 0 430
PLUM CREEK TIMBER CO INC COM 729251108 822 19,551 SH   SOLE   17,352 0 2,199
RAYONIER INC COM 754907103 895 19,503 SH   SOLE   17,188 0 2,315
REYNOLDS AMERICAN INC COM 761713106 288 5,389 SH   SOLE   4,641 0 748
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 6,433 88,138 SH   SOLE   77,686 0 10,452
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,130 17,453 SH   SOLE   15,419 0 2,034
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,234 28,648 SH   SOLE   25,279 0 3,369
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,332 22,779 SH   SOLE   20,101 0 2,678
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 1,285 14,426 SH   SOLE   12,728 0 1,698
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2,488 111,349 SH   SOLE   98,121 0 13,228
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 1,107 21,154 SH   SOLE   18,701 0 2,453
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 2,620 72,068 SH   SOLE   63,552 0 8,516
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,242 17,338 SH   SOLE   15,298 0 2,040
TEEKAY CORPORATION COM Y8564W103 14,060 250,000 SH   SOLE   250,000 0 0
TREMOR VIDEO INC COM 89484Q100 2,359 572,667 SH   SOLE   572,667 0 0
WEYERHAEUSER CO COM 962166104 868 29,565 SH   SOLE   26,309 0 3,256