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
SPDR KBW REGIONAL BANKING ETF ETF 78464A698 81,100 1,836,508 SH   SOLE   0 0 1,836,508
VANGUARD VALUE ETF ETF 922908744 3,308 39,688 SH   SOLE   0 0 39,688
JPM ALERIAN MLP ETN ETN 46625H365 106 2,680 SH   SOLE   0 0 2,680
ISHARES EMU ETF ETF 464286608 563 14,999 SH   SOLE   0 0 14,999
ISHARES MSCI EMG MKT ETF ETF 464287234 265 6,699 SH   SOLE   0 0 6,699
ISHARES EAFE SML CP ETF ETF 464288273 902 17,696 SH   SOLE   0 0 17,696
VANGUARD DIV APP ETF ETF 921908844 2,375 30,236 SH   SOLE   0 0 30,236
WISDOMTREE TR MDCP EARN FUND ETF ETF 97717W570 2,308 24,296 SH   SOLE   0 0 24,296
POWERSHARES FTSE US1500 SM ETF ETF 73935X567 1,121 10,806 SH   SOLE   0 0 10,806
ISHARES CORE SP500 ETF ETF 464287200 4,117 19,870 SH   SOLE   0 0 19,870
XTRAK MSCI EAFE ETF ETF 233051200 1,261 44,090 SH   SOLE   0 0 44,090
ISHARES INTL SEL DIV ETF ETF 464288448 237 7,346 SH   SOLE   0 0 4,376
ISHARES CORE MSCI EMKT ETF ETF 46434G103 888 18,502 SH   SOLE   0 0 18,502
FIRST TR NASD TECH DIV ETF ETF 33738R118 28,867 1,093,652 SH   SOLE   0 0 1,093,652
VANGUARD INTL EQUITY INDEX FD ETF ETF 922042676 65,535 1,181,666 SH   SOLE   0 0 1,181,666
SPDR SERIES TR SP OILGAS EXP ETF ETF 78464A730 15 324 SH   SOLE   0 0 324