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
ALTRIA GROUP INC COM 02209S103 301 6,119 SH   SOLE   6,119 0 0
AMBEV SA SPONSORED ADR 02319V103 124 19,991 SH   SOLE   19,991 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 304 2,820 SH   SOLE   2,820 0 0
ISHARES TR CORE S&P MCP ETF 464287507 1,500 10,359 SH   SOLE   10,359 0 0
ISHARES TR CORE S&P SCP ETF 464287804 710 6,227 SH   SOLE   6,227 0 0
ISHARES TR IBOXX INV CP ETF 464287242 3,604 30,180 SH   SOLE   30,180 0 0
ISHARES MSCI PAC JP ETF 464286665 1,385 31,520 SH   SOLE   31,520 0 0
ISHARES MSCI CDA ETF 464286509 2,243 77,731 SH   SOLE   77,731 0 0
ISHARES TR MSCI EAFE ETF 464287465 11,794 193,851 SH   SOLE   193,851 0 0
ISHARES MSCI JAPAN ETF 464286848 2,504 222,768 SH   SOLE   222,768 0 0
ISHARES MSCI SWEDEN ETF 464286756 501 15,808 SH   SOLE   15,808 0 0
ISHARES MSCI SZ CAP ETF 464286749 1,400 44,178 SH   SOLE   44,178 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1,557 33,881 SH   SOLE   33,881 0 0
KAYNE ANDERSON MLP INVT CO COM 486606106 1,570 41,134 SH   SOLE   41,134 0 0
PHILIP MORRIS INTL INC COM 718172109 301 3,695 SH   SOLE   3,695 0 0
PLUM CREEK TIMBER CO INC COM 729251108 871 20,351 SH   SOLE   20,351 0 0
RAYONIER INC COM 754907103 863 30,893 SH   SOLE   30,893 0 0
REYNOLDS AMERICAN INC COM 761713106 310 4,817 SH   SOLE   4,817 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 5,144 64,265 SH   SOLE   64,265 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 2,530 68,651 SH   SOLE   68,651 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,133 15,709 SH   SOLE   15,709 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,134 23,376 SH   SOLE   23,376 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,232 18,011 SH   SOLE   18,011 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 988 12,481 SH   SOLE   12,481 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2,257 91,247 SH   SOLE   91,247 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 1,052 18,590 SH   SOLE   18,590 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 2,587 62,564 SH   SOLE   62,564 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 601 2,926 SH   SOLE   2,926 0 0
TEEKAY CORPORATION COM Y8564W103 12,722 250,000 SH   SOLE   250,000 0 0
TREMOR VIDEO INC COM 89484Q100 111 38,667 SH   SOLE   38,667 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6,273 156,736 SH   SOLE   156,736 0 0
WEYERHAEUSER CO COM 962166104 852 23,748 SH   SOLE   23,748 0 0