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
ALPS ETF TR ALERIAN MLP 00162Q866 7,284 383,376 SH   SOLE   383,376 0 0
CLAYMORE EXCHANGE TRD FD TR GUG BULL2020 E 18383M514 15 712 SH   SOLE   712 0 0
FIRST TR EXCH TRD ALPHA FD I EUROPE ALPHA 33737J117 9,606 276,911 SH   SOLE   276,911 0 0
FIRST TR EXCHANGE TRADED FD MATERIALS ALPH 33734X168 6,732 197,127 SH   SOLE   197,127 0 0
FIRST TR MULTI CP VAL ALPHA COM SHS 33733C108 15,184 318,259 SH   SOLE   318,259 0 0
FIRST TR NASDAQ100 TECH INDE SHS 337345102 7,174 179,582 SH   SOLE   179,582 0 0
INDEXIQ ETF TR IQ MRGR ARB ETF 45409B800 3,831 137,707 SH   SOLE   137,707 0 0
ISHARES RUS 1000 ETF 464287622 73 666 SH   SOLE   666 0 0
ISHARES RUS 3000 VAL ETF 464287663 2,944 22,209 SH   SOLE   22,209 0 0
ISHARES RUSSELL 2000 ETF 464287655 800 6,732 SH   SOLE   6,732 0 0
ISHARES U.S. ENERGY ETF 464287796 923 16,248 SH   SOLE   16,248 0 0
ISHARES CNTRY MIN VL ETF 464286525 10,003 149,750 SH   SOLE   149,750 0 0
ISHARES MSCI EAFE ETF 464287465 3,844 56,228 SH   SOLE   56,228 0 0
ISHARES U.S. BAS MTL ETF 464287838 863 9,858 SH   SOLE   9,858 0 0
ISHARES U.S. HLTHCARE ETF 464287762 2,246 17,518 SH   SOLE   17,518 0 0
ISHARES U.S. INDS ETF 464287754 842 8,129 SH   SOLE   8,129 0 0
ISHARES U.S. PHARMA ETF 464288836 5,328 39,432 SH   SOLE   39,432 0 0
ISHARES U.S. TECH ETF 464287721 917 9,467 SH   SOLE   9,467 0 0
ISHARES TR CMBS ETF 46429b366 351 6,793 SH   SOLE   6,793 0 0
POWERSHARES ETF TR II BUILD AMER ETF 73937B407 9 321 SH   SOLE   321 0 0
POWERSHARES ETF TR II FND INV GR CP 73937B761 2,781 108,753 SH   SOLE   108,753 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 7,913 318,177 SH   SOLE   318,177 0 0
POWERSHARES GLOBAL ETF FD S&P 500 BUYWRT 73936G308 2,610 122,034 SH   SOLE   122,034 0 0
RYDEX ETF TRUST GUG S&P500EQWTEN 78355W866 7,114 76,817 SH   SOLE   76,817 0 0
RYDEX ETF TRUST GUG S&P500EQWTHC 78355W841 63 507 SH   SOLE   507 0 0
RYDEX ETF TRUST GUG S&P500EQWTTE 78355W817 62 744 SH   SOLE   744 0 0
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 38 727 SH   SOLE   727 0 0
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 95 1,963 SH   SOLE   1,963 0 0
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 152 3,554 SH   SOLE   3,554 0 0
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 187 5,034 SH   SOLE   5,034 0 0
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 89 2,263 SH   SOLE   2,263 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 344 11,122 SH   SOLE   11,122 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 4 89 SH   SOLE   89 0 0
SPDR SERIES TRUST BRC ISSUER SCORD 78464A144 18 540 SH   SOLE   540 0 0
SPDR SERIES TRUST S&P TRANSN ETF 78464A532 6,542 69,729 SH   SOLE   69,729 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 7,739 94,127 SH   SOLE   94,127 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 10,278 103,926 SH   SOLE   103,926 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 16,937 209,230 SH   SOLE   209,230 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 19,569 374,234 SH   SOLE   374,234 0 0