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 473 8,039 SH   SOLE   0 0 8,039
VANGUARD VALUE ETF ETF 922908744 165,678 155,835 SH   SOLE   0 0 155,835
JPM ALERIAN MLP ETN ETN 46625H365 89 3,250 SH   SOLE   0 0 3,250
ISHARES EMU ETF ETF 464286608 40 927 SH   SOLE   0 0 927
ISHARES MSCI EMG MKT ETF ETF 464287234 131 2,776 SH   SOLE   0 0 2,776
ISHARES EAFE SML CP ETF ETF 464288273 2,488 38,576 SH   SOLE   0 0 38,576
VANGUARD DIV APP ETF ETF 921908844 6,485 63,565 SH   SOLE   0 0 63,565
WISDOMTREE TR MDCP EARN FUND ETF ETF 97717W570 6,840 172,398 SH   SOLE   0 0 172,398
POWERSHARES FTSE US1500 SM ETF ETF 73935X567 75,663 582,523 SH   SOLE   0 0 582,523
ISHARES CORE SP500 ETF ETF 464287200 12,000 44,634 SH   SOLE   0 0 44,634
XTRAK MSCI EAFE ETF ETF 233051200 65 2,033 SH   SOLE   0 0 2,033
ISHARES INTL SEL DIV ETF ETF 464288448 9 282 SH   SOLE   0 0 282
ISHARES CORE MSCI EMKT ETF ETF 46434G103 5,919 104,028 SH   SOLE   0 0 104,028
VANGUARD INTL EQUITY INDEX FD ETF ETF 922042676 73,966 1,222,591 SH   SOLE   0 0 1,222,591
SPDR SERIES TR SP OILGAS EXP ETF ETF 78464A730 10 278 SH   SOLE   0 0 278
ISHARES MSCI EAFE ETF ETF 464287465 2,143 30,480 SH   SOLE   0 0 30,480
SPDR SP INTL SMLCP ETF ETF 78463X871 549 15,474 SH   SOLE   0 0 15,474
ISHARES US REGNL BKS ETF ETF 464288778 65 1,320 SH   SOLE   0 0 1,320
ISHARES CORE SP MCP ETF ETF 464287507 2,229 11,746 SH   SOLE   0 0 11,746
ISHARES SP500 VAL ETF ETF 464287408 1,340 11,730 SH   SOLE   0 0 11,730
VANGUARD FTSE EMR MKT ETF ETF 922042858 30 662 SH   SOLE   0 0 662
VANGUARD EXTEND MKT ETF ETF 922908652 11 100 SH   SOLE   0 0 100
SPDR SP 500 ETF TR ETF 78462F103 2,424 9,087 SH   SOLE   0 0 9,087