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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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 2,031 81,980 SH   SOLE   81,980 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 117 1,792 SH   SOLE   1,792 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 10,508 366,652 SH   SOLE   366,652 0 0
FLEXSHARES TR IBOXX 3R TARGT 33939L506 13,487 546,028 SH   SOLE   546,028 0 0
ISHARES TR BARCLY USAGG B 464287226 2,527 23,389 SH   SOLE   23,389 0 0
ISHARES TR IBOXX INV CPBD 464287242 9,250 78,938 SH   SOLE   78,938 0 0
ISHARES TR S&P500 GRW 464287309 21,974 180,427 SH   SOLE   180,427 0 0
ISHARES TR S&P 500 VALUE 464287408 25,727 253,771 SH   SOLE   253,771 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 2,829 33,498 SH   SOLE   33,498 0 0
ISHARES TR S&P MIDCAP 400 464287507 18,917 114,415 SH   SOLE   114,415 0 0
ISHARES TR S&P SMLCAP 600 464287804 18,309 133,136 SH   SOLE   133,136 0 0
ISHARES TR HIGH YLD CORP 464288513 6,995 80,821 SH   SOLE   80,821 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 8,759 71,497 SH   SOLE   71,497 0 0
ISHARES FLTG RATE BD ETF 46429B655 979 19,293 SH   SOLE   19,293 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 795 7,959 SH   SOLE   7,959 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 611 6,033 SH   SOLE   6,033 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 132 6,629 SH   SOLE   6,629 0 0
POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 368 38,057 SH   SOLE   38,057 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 6,930 296,671 SH   SOLE   296,671 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 2,174 28,549 SH   SOLE   28,549 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,819 25,714 SH   SOLE   25,714 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 5,449 151,036 SH   SOLE   151,036 0 0
SPDR SERIES TRUST BARC CAPTL ETF 78464A474 5,913 193,678 SH   SOLE   193,678 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 4,725 50,617 SH   SOLE   50,617 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 16,441 308,689 SH   SOLE   308,689 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 25,990 422,746 SH   SOLE   422,746 0 0
SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 6,615 202,733 SH   SOLE   202,733 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 17,705 639,624 SH   SOLE   639,624 0 0
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 9,175 178,153 SH   SOLE   178,153 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 884 21,532 SH   SOLE   21,532 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 132 2,664 SH   SOLE   2,664 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 130 1,730 SH   SOLE   1,730 0 0
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 5,322 302,380 SH   SOLE   302,380 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 7,883 215,749 SH   SOLE   215,749 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 1,901 35,016 SH   SOLE   35,016 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 879 17,726 SH   SOLE   17,726 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 4,065 43,229 SH   SOLE   43,229 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 26,263 594,446 SH   SOLE   594,446 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 33,758 943,501 SH   SOLE   943,501 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 135 1,264 SH   SOLE   1,264 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,656 20,860 SH   SOLE   20,860 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 3,504 67,008 SH   SOLE   67,008 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 20,025 97,534 SH   SOLE   97,534 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 407 10,414 SH   SOLE   10,414 0 0