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
ALPS ETF TR ALERIAN MLP 00162Q866 1,788 149,459 SH   SOLE   0 0 149,459
APPLE INC COM 037833100 263 1,826 SH   SOLE   0 0 1,826
GOLDMAN SACHS ETF TR EQUITY ETF 381430503 16,495 342,870 SH   SOLE   0 0 342,870
INTEL CORP COM 458140100 844 25,000 SH   SOLE   0 0 25,000
ISHARES TR EUROPE ETF 464287861 1,451 32,730 SH   SOLE   0 0 32,730
ISHARES TR CORE S&P500 ETF 464287200 248 1,020 SH   SOLE   0 0 1,020
ISHARES TR U.S. FINLS ETF 464287788 1,546 14,376 SH   SOLE   0 0 14,376
ISHARES TR MSCI AC ASIA ETF 464288182 397 5,883 SH   SOLE   0 0 5,883
ISHARES TR MSCI KLD400 SOC 464288570 470 5,267 SH   SOLE   0 0 5,267
ISHARES TR CMBS ETF 46429B366 332 6,451 SH   SOLE   0 0 6,451
LIBERTY MEDIA CORP DEB 4.000%11/1 530715AG6 31 50,000 PRN   SOLE   0 0 50,000
PIMCO ETF TR ACTIVE BD ETF 72201R775 719 6,780 SH   SOLE   0 0 6,780
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 66,572 644,014 SH   SOLE   0 0 644,014
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 6,113 51,665 SH   SOLE   0 0 51,665
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,466 63,372 SH   SOLE   0 0 63,372
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 2,059 35,220 SH   SOLE   0 0 35,220
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 1,220 38,380 SH   SOLE   0 0 38,380
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 790 31,801 SH   SOLE   0 0 31,801
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 3,641 69,689 SH   SOLE   0 0 69,689
SCHWAB STRATEGIC TR SCHWB FDT INT LG 808524755 1,173 41,870 SH   SOLE   0 0 41,870
SCHWAB STRATEGIC TR SCHWAB FDT US BM 808524789 1,961 58,154 SH   SOLE   0 0 58,154
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,766 33,985 SH   SOLE   0 0 33,985
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,677 31,168 SH   SOLE   0 0 31,168
SELECT SECTOR SPDR TR ENERGY 81369Y506 3,043 46,879 SH   SOLE   0 0 46,879
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 5,820 235,929 SH   SOLE   0 0 235,929
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 6,164 90,495 SH   SOLE   0 0 90,495
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 13,718 250,694 SH   SOLE   0 0 250,694
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 5,491 99,938 SH   SOLE   0 0 99,938
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 8,632 108,936 SH   SOLE   0 0 108,936
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 7,387 82,414 SH   SOLE   0 0 82,414
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 1,386 43,057 SH   SOLE   0 0 43,057
SPDR S&P 500 ETF TR TR UNIT 78462F103 979 4,047 SH   SOLE   0 0 4,047
SPDR SER TR NUVEEN BLMBRG SR 78468R739 1,175 24,222 SH   SOLE   0 0 24,222
SSGA ACTIVE ETF TR MULT ASS RLRTN 78467V103 468 19,511 SH   SOLE   0 0 19,511
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 5,839 73,120 SH   SOLE   0 0 73,120
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 1,040 12,307 SH   SOLE   0 0 12,307
VANGUARD INDEX FDS MID CAP ETF 922908629 6,216 43,615 SH   SOLE   0 0 43,615
VANGUARD INDEX FDS REIT ETF 922908553 252 3,023 SH   SOLE   0 0 3,023
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 66,923 1,337,651 SH   SOLE   0 0 1,337,651
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 11,475 143,361 SH   SOLE   0 0 143,361
VANGUARD SCOTTSDALE FDS SHTRM GVT BD ETF 92206C102 1,096 18,044 SH   SOLE   0 0 18,044
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 451 3,198 SH   SOLE   0 0 3,198
VANGUARD WORLD FDS ENERGY ETF 92204A306 964 10,892 SH   SOLE   0 0 10,892
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 512 3,472 SH   SOLE   0 0 3,472
VANGUARD WORLD FDS FINANCIALS ETF 92204A405 351 5,612 SH   SOLE   0 0 5,612
VANGUARD WORLD FDS UTILITIES ETF 92204A876 211 1,847 SH   SOLE   0 0 1,847
VANGUARD WORLD FDS INF TECH ETF 92204A702 620 4,403 SH   SOLE   0 0 4,403
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 292 2,053 SH   SOLE   0 0 2,053
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 252 1,959 SH   SOLE   0 0 1,959
WISDOMTREE TR JAPN HEDGE EQT 97717W851 438 8,428 SH   SOLE   0 0 8,428
WISDOMTREE TR US LARGECAP DIVD 97717W307 201 2,388 SH   SOLE   0 0 2,388