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
BROOKFIELD PROPERTY PARTNERS LP UNIT LTD PARTN g16249107 1,045 46,922 SH   DFND   0 0 46,922
AT&T INC COM 00206r102 1,377 33,158 SH   DFND   0 0 33,158
ABBVIE INC COM 00287y109 1,486 22,811 SH   DFND   0 0 22,811
APPLE INC COM 037833100 263 1,834 SH   DFND   0 0 1,834
AUTOMATIC DATA PROCESSING INC COM 053015103 216 2,108 SH   DFND   0 0 2,108
BEST BUY INC COM 086516101 1,645 33,457 SH   DFND   0 0 33,457
BLACKSTONE GROUP LP COM UNIT LTD 09253u108 1,326 44,616 SH   DFND   0 0 44,616
CISCO SYSTEMS INC COM 17275r102 1,182 34,975 SH   DFND   0 0 34,975
CONSOLIDATED EDISON INC COM 209115104 841 10,820 SH   DFND   0 0 10,820
DU PONT E I DE NEMOURS & CO COM 263534109 1,118 13,922 SH   DFND   0 0 13,922
DUKE ENERGY CORP COM 26441c204 1,072 13,074 SH   DFND   0 0 13,074
EMERSON ELECTRIC CO COM 291011104 1,091 18,225 SH   DFND   0 0 18,225
ENTERGY CORP COM 29364g103 1,040 13,690 SH   DFND   0 0 13,690
EXELON CORP COM 30161n101 1,349 37,468 SH   DFND   0 0 37,468
FIRSTENERGY CORP COM 337932107 988 31,063 SH   DFND   0 0 31,063
FORD MOTOR CO COM 345370860 1,227 105,463 SH   DFND   0 0 105,463
GENERAL MOTORS CO COM 37045v100 1,326 37,508 SH   DFND   0 0 37,508
GILEAD SCIENCES INC COM 375558103 1,098 16,170 SH   DFND   0 0 16,170
HCP INC COM 40414l109 1,201 38,382 SH   DFND   0 0 38,382
HP INC COM 40434l105 1,707 95,442 SH   DFND   0 0 95,442
INTL BUSINESS MACHINES COM 459200101 1,448 8,311 SH   DFND   0 0 8,311
ISHARES MIN VOL GLBL ETF 464286525 3,309 42,902 SH   DFND   0 0 42,902
ISHARES CORE US AGGBD ETF 464287226 48,165 443,961 SH   DFND   0 0 443,961
ISHARES TR MSCI EAFE ETF 464287465 410 6,589 SH   DFND   0 0 6,589
ISHARES TR CORE S&P MCP ETF 464287507 50,101 292,613 SH   DFND   0 0 292,613
ISHARES TR COHEN&STEER REIT 464287564 17,130 171,725 SH   DFND   0 0 171,725
ISHARES TR RUS 1000 ETF 464287622 11,854 90,318 SH   DFND   0 0 90,318
ISHARES TR CORE S&P SCP ETF 464287804 24,558 355,088 SH   DFND   0 0 355,088
ISHARES TR EUROPE ETF 464287861 425 10,164 SH   DFND   0 0 10,164
ISHARES TR MBS ETF 464288588 17,135 160,809 SH   DFND   0 0 160,809
ISHARES TR INTERM CR BD ETF 464288638 15,539 142,605 SH   DFND   0 0 142,605
ISHARES TR 1-3 YR CR BD ETF 464288646 7,008 66,591 SH   DFND   0 0 66,591
ISHARES TR US PFD STK ETF 464288687 12,385 320,051 SH   DFND   0 0 320,051
ISHARES TR MIN VOL USA ETF 46429b697 2,808 58,848 SH   DFND   0 0 58,848
KKR & CO LP DEL COM UNITS 48248m102 1,521 83,440 SH   DFND   0 0 83,440
KIMBERLY CLARK CORP COM 494368103 1,645 12,495 SH   DFND   0 0 12,495
LEGGETT & PLATT INC COM 524660107 814 16,177 SH   DFND   0 0 16,177
LILLY ELI & CO COM 532457108 1,407 16,726 SH   DFND   0 0 16,726
MACYS INC COM 55616p104 1,024 34,531 SH   DFND   0 0 34,531
MICROSOFT CORP COM 594918104 1,531 23,251 SH   DFND   0 0 23,251
PFIZER INC COM 717081103 1,320 38,592 SH   DFND   0 0 38,592
PIMCO ETF TR 0-5 HIGH YIELD 72201r783 251 2,487 SH   DFND   0 0 2,487
POWERSHARES ETF TR UNIT SER 1 73935a104 416 3,141 SH   DFND   0 0 3,141
POWERSHARES ETF TR FINL PFD PTFL 73935x229 1,813 97,154 SH   DFND   0 0 97,154
PRINCIPAL FINANCIAL GROUP INC COM 74251v102 1,719 27,242 SH   DFND   0 0 27,242
PROCTER AND GAMBLE CO COM 742718109 1,116 12,421 SH   DFND   0 0 12,421
PUBLIC SERVICE ENTERPRISE GROU COM 744573106 1,004 22,646 SH   DFND   0 0 22,646
RYDEX ETF TR GUG S&P 500 EQ WT 78355w106 387 4,258 SH   DFND   0 0 4,258
SPDR S&P 500 ETF TR TR UNIT 78462f103 96,680 410,115 SH   DFND   0 0 410,115
SPDR SERIES TR BLOOMBERG BARCLAYS 78464a417 20,994 568,461 SH   DFND   0 0 568,461
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467v848 20,047 410,220 SH   DFND   0 0 410,220
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369y209 450 6,049 SH   DFND   0 0 6,049
SELECT SECTOR SPDR TR SBI CONS STPLS 81369y308 593 10,863 SH   DFND   0 0 10,863
SELECT SECTOR SPDR TR SBI INT-UTILS 81369y886 347 6,763 SH   DFND   0 0 6,763
SOUTHERN CO COM 842587107 1,285 25,804 SH   DFND   0 0 25,804
TELUS CORP COM 87971m103 1,017 31,292 SH   DFND   0 0 31,292
UNITED PARCEL SERVICE INC CL B COM 911312106 792 7,382 SH   DFND   0 0 7,382
VALERO ENERGY CORP COM 91913y100 1,502 22,658 SH   DFND   0 0 22,658
VANGUARD BD INDEX FD INC TOTAL BND MKT 921937835 268 3,301 SH   DFND   0 0 3,301
VANGUARD TAX MGD INTL FD FTSE DEV MKT ETF 921943858 31,418 799,444 SH   DFND   0 0 799,444
VANGUARD INTL EQUITY INDEX FD FTSE EMER MKT ETF 922042858 14,114 355,320 SH   DFND   0 0 355,320
VANGUARD INDEX FDS LARGE CAP ETF 922908637 342 3,161 SH   DFND   0 0 3,161
VERIZON COMMUNICATIONS INC COM 92343v104 1,520 31,177 SH   DFND   0 0 31,177
WAL-MART STORES INC COM 931142103 1,065 14,770 SH   DFND   0 0 14,770