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 5,281 224,614 SH   SOLE   224,614 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 94 1,250 SH   SOLE   1,250 0 0
FLEXSHARES TR IBOXX 3R TARGT 33939L506 28,727 1,162,548 SH   SOLE   1,162,548 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 11,273 327,696 SH   SOLE   327,696 0 0
ISHARES FLTG RATE BD ETF 46429B655 2,081 40,945 SH   SOLE   40,945 0 0
ISHARES 20+ YR TR BD ETF 464287432 5,609 48,242 SH   SOLE   48,242 0 0
ISHARES MSCI FRN TR 100ETF 464286145 2,733 72,237 SH   SOLE   72,237 0 0
ISHARES TR BARCLY USAGG B 464287226 14,198 130,129 SH   SOLE   130,129 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 1,401 16,581 SH   SOLE   16,581 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 7,798 64,278 SH   SOLE   64,278 0 0
ISHARES TR BARCLYS INTER GV 464288612 2 19 SH   SOLE   19 0 0
ISHARES TR COHEN&ST RLTY 464287564 3,198 37,862 SH   SOLE   37,862 0 0
ISHARES TR HIGH YLD CORP 464288513 10,134 110,214 SH   SOLE   110,214 0 0
ISHARES TR IBOXX INV CPBD 464287242 13,412 113,452 SH   SOLE   113,452 0 0
ISHARES TR MSCI EAFE INDEX 464287465 12,182 189,983 SH   SOLE   189,983 0 0
ISHARES TR MSCI EMERG MKT 464287234 600 14,433 SH   SOLE   14,433 0 0
ISHARES TR RUSSELL 2000 464287655 1 7 SH   SOLE   7 0 0
ISHARES TR RUSSELL1000GRW 464287614 2 20 SH   SOLE   20 0 0
ISHARES TR RUSSELL1000VAL 464287598 4 43 SH   SOLE   43 0 0
ISHARES TR S&P 500 INDEX 464287200 14,491 73,091 SH   SOLE   73,091 0 0
ISHARES TR S&P 500 VALUE 464287408 34,250 380,255 SH   SOLE   380,255 0 0
ISHARES TR S&P MIDCAP 400 464287507 24,482 179,037 SH   SOLE   179,037 0 0
ISHARES TR S&P NA NAT RES 464287374 1 28 SH   SOLE   28 0 0
ISHARES TR S&P SMLCAP 600 464287804 21,611 207,205 SH   SOLE   207,205 0 0
ISHARES TR S&P500 GRW 464287309 30,631 286,752 SH   SOLE   286,752 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 2,183 97,160 SH   SOLE   97,160 0 0
PIMCO DYNAMIC INCOME FD SHS 72201Y101 2,156 68,300 SH   SOLE   68,300 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 690 6,661 SH   SOLE   6,661 0 0
PIMCO ETF TR 1-5 US TIP IDX 72201R205 1,309 24,919 SH   SOLE   24,919 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 526 5,186 SH   SOLE   5,186 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 4,532 186,675 SH   SOLE   186,675 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 46 1,800 SH   SOLE   1,800 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 60 1,211 SH   SOLE   1,211 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 93 800 SH   SOLE   800 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 9,872 238,391 SH   SOLE   238,391 0 0
SPDR SERIES TRUST BARC CAPTL ETF 78464A474 4,955 161,447 SH   SOLE   161,447 0 0
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 5,339 132,886 SH   SOLE   132,886 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 3,934 66,978 SH   SOLE   66,978 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 6,697 83,917 SH   SOLE   83,917 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 2 20 SH   SOLE   20 0 0
VANGUARD INDEX FDS REIT ETF 922908553 2 29 SH   SOLE   29 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 5,089 46,001 SH   SOLE   46,001 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 35,449 719,930 SH   SOLE   719,930 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 5,581 54,648 SH   SOLE   54,648 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 11,816 283,292 SH   SOLE   283,292 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,080 77,487 SH   SOLE   77,487 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 8,080 181,177 SH   SOLE   181,177 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 2,204 47,687 SH   SOLE   47,687 0 0