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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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
CLAYMORE EXCHANGE TRD FD TR GUGG TIMBER ETF 18383Q879 7,614 294,779 SH   SOLE   294,779 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 52 750 SH   SOLE   750 0 0
FLEXSHARES TR IBOXX 3R TARGT 33939L506 27,080 1,087,113 SH   SOLE   1,087,113 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 11,183 326,028 SH   SOLE   326,028 0 0
ISHARES FLTG RATE BD ETF 46429B655 1,739 34,299 SH   SOLE   34,299 0 0
ISHARES INC MSCI BRAZIL 464286400 1,708 38,484 SH   SOLE   38,484 0 0
ISHARES MSCI FRN TR 100ETF 464286145 2,369 70,941 SH   SOLE   70,941 0 0
ISHARES TR BARCLY USAGG B 464287226 9,631 90,404 SH   SOLE   90,404 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 1,345 15,937 SH   SOLE   15,937 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 7,820 65,074 SH   SOLE   65,074 0 0
ISHARES TR BARCLYS INTER GV 464288612 2 18 SH   SOLE   18 0 0
ISHARES TR COHEN&ST RLTY 464287564 2,677 35,668 SH   SOLE   35,668 0 0
ISHARES TR HIGH YLD CORP 464288513 9,621 103,656 SH   SOLE   103,656 0 0
ISHARES TR IBOXX INV CPBD 464287242 12,715 111,067 SH   SOLE   111,067 0 0
ISHARES TR MSCI EAFE INDEX 464287465 7,984 119,436 SH   SOLE   119,436 0 0
ISHARES TR MSCI EMERG MKT 464287234 5,031 121,298 SH   SOLE   121,298 0 0
ISHARES TR RUSSELL 2000 464287655 1 7 SH   SOLE   7 0 0
ISHARES TR RUSSELL1000GRW 464287614 2 19 SH   SOLE   19 0 0
ISHARES TR RUSSELL1000VAL 464287598 4 42 SH   SOLE   42 0 0
ISHARES TR S&P 500 INDEX 464287200 9,915 53,631 SH   SOLE   53,631 0 0
ISHARES TR S&P 500 VALUE 464287408 28,186 330,933 SH   SOLE   330,933 0 0
ISHARES TR S&P MIDCAP 400 464287507 27,822 208,407 SH   SOLE   208,407 0 0
ISHARES TR S&P NA NAT RES 464287374 1 28 SH   SOLE   28 0 0
ISHARES TR S&P SMLCAP 600 464287804 27,623 253,211 SH   SOLE   253,211 0 0
ISHARES TR S&P500 GRW 464287309 29,294 298,041 SH   SOLE   298,041 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 110 2,034 SH   SOLE   2,034 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 704 6,618 SH   SOLE   6,618 0 0
PIMCO ETF TR 1-5 US TIP IDX 72201R205 1,309 24,746 SH   SOLE   24,746 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 505 4,984 SH   SOLE   4,984 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 103 4,026 SH   SOLE   4,026 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 4,092 164,588 SH   SOLE   164,588 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 106 1,205 SH   SOLE   1,205 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 9,693 237,756 SH   SOLE   237,756 0 0
SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 2,008 26,028 SH   SOLE   26,028 0 0
SPDR SERIES TRUST BARC CAPTL ETF 78464A474 4,314 140,649 SH   SOLE   140,649 0 0
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 6,578 162,391 SH   SOLE   162,391 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 3,699 63,207 SH   SOLE   63,207 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 5,513 76,823 SH   SOLE   76,823 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 2 19 SH   SOLE   19 0 0
VANGUARD INDEX FDS REIT ETF 922908553 2 28 SH   SOLE   28 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 34,848 689,640 SH   SOLE   689,640 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 5,624 54,924 SH   SOLE   54,924 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 9,096 222,838 SH   SOLE   222,838 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,131 75,255 SH   SOLE   75,255 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 7,249 157,448 SH   SOLE   157,448 0 0