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 1,923 82,291 SH   SOLE   82,291 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 693 12,128 SH   SOLE   12,128 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 11,317 426,910 SH   SOLE   426,910 0 0
FLEXSHARES TR IBOXX 3R TARGT 33939L506 16,073 652,571 SH   SOLE   652,571 0 0
ISHARES TR BARCLY USAGG B 464287226 4,851 43,833 SH   SOLE   43,833 0 0
ISHARES TR IBOXX INV CPBD 464287242 9,462 79,125 SH   SOLE   79,125 0 0
ISHARES TR S&P500 GRW 464287309 21,451 182,441 SH   SOLE   182,441 0 0
ISHARES TR S&P 500 VALUE 464287408 24,660 266,360 SH   SOLE   266,360 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 3,418 40,243 SH   SOLE   40,243 0 0
ISHARES TR S&P MIDCAP 400 464287507 18,276 123,946 SH   SOLE   123,946 0 0
ISHARES TR S&P SMLCAP 600 464287804 21,299 185,402 SH   SOLE   185,402 0 0
ISHARES TR SP SMCP600GR ETF 464287887 4,402 34,743 SH   SOLE   34,743 0 0
ISHARES TR HIGH YLD CORP 464288513 6,852 82,086 SH   SOLE   82,086 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 8,103 64,602 SH   SOLE   64,602 0 0
ISHARES FLTG RATE BD ETF 46429B655 899 17,825 SH   SOLE   17,825 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 735 7,719 SH   SOLE   7,719 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 555 5,498 SH   SOLE   5,498 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 11,648 105,279 SH   SOLE   105,279 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 99 4,653 SH   SOLE   4,653 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 3,313 144,528 SH   SOLE   144,528 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 1,273 19,130 SH   SOLE   19,130 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 4,128 34,696 SH   SOLE   34,696 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 5,958 140,211 SH   SOLE   140,211 0 0
SPDR SERIES TRUST BARC CAPTL ETF 78464A474 5,699 185,928 SH   SOLE   185,928 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 10,151 108,834 SH   SOLE   108,834 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 16,720 335,095 SH   SOLE   335,095 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 8,883 166,033 SH   SOLE   166,033 0 0
SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 11,135 368,473 SH   SOLE   368,473 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 13,811 486,989 SH   SOLE   486,989 0 0
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 11,003 208,031 SH   SOLE   208,031 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 1,804 44,388 SH   SOLE   44,388 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,197 25,430 SH   SOLE   25,430 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 1,303 19,601 SH   SOLE   19,601 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 4,602 122,656 SH   SOLE   122,656 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 1,841 33,736 SH   SOLE   33,736 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 1,909 34,641 SH   SOLE   34,641 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 4,136 42,735 SH   SOLE   42,735 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 26,445 587,012 SH   SOLE   587,012 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 16,622 467,686 SH   SOLE   467,686 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 96 920 SH   SOLE   920 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,472 18,359 SH   SOLE   18,359 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 15,629 81,113 SH   SOLE   81,113 0 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 9,117 102,830 SH   SOLE   102,830 0 0
VANGUARD INDEX FDS REIT ETF 922908553 5,445 66,076 SH   SOLE   66,076 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 8,003 64,942 SH   SOLE   64,942 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 450 11,473 SH   SOLE   11,473 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 5,709 151,633 SH   SOLE   151,633 0 0