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
AT&T INC COM 00206R102 265 8,124 SH   DFND   0 0 8,124
ALTRIA GROUP INC COM 02209S103 372 6,834 SH   DFND   0 0 6,834
APPLE INC COM 037833100 1,442 13,071 SH   DFND   0 0 13,071
AXOGEN INC COM 05463X106 103 25,000 SH   DFND   0 0 25,000
BERKSHIRE HATHAWAY NEW CLASS B COM 084670702 209 1,600 SH   DFND   0 0 1,600
BERKSHIRE HTWY CL.A 100 SHS=1 WHOLE 084990175 586 300 SH   DFND   0 0 300
CHEVRON CORP NEW COM 166764100 628 7,959 SH   DFND   0 0 7,959
GUGGENHEIM BULLETSHS 2017 CORPORATE BOND ET 18383M548 1,928 84,980 SH   DFND   0 0 84,980
GUGGENHEIM BULLETSHS 2016 CORP BOND ETF 18383M555 9,125 411,220 SH   DFND   7,550 0 403,670
GUGGENHEIM BULLETSHS 2015 CORP BOND ETF 18383M563 5,304 245,200 SH   DFND   570 0 244,630
DETTO TECHNOLOGIES INC COM 251463105 0 32,000 SH   DFND   0 0 32,000
DISNEY WALT CO (HOLDING CO) COM 254687106 1,048 10,258 SH   DFND   0 0 10,258
VANGUARD S&P 500 UCITS ETF USD COM 27399X646 1,336 37,300 SH   DFND   0 0 37,300
EDISON INTERNATIONAL COM 281020107 233 3,688 SH   DFND   0 0 3,688
EXXON MOBIL CORP (NEW) COM 30231G102 439 5,911 SH   DFND   0 0 5,911
INTEL CORP COM 458140100 300 9,970 SH   DFND   0 0 9,970
INVESTORS BANCORP INC COM 46146L101 1,050 85,100 SH   DFND   0 0 85,100
iSHARES RUSSELL MIDCAP GRWTH COM 464287481 274 3,090 SH   DFND   0 0 3,090
iSHARES S&P MIDCAP 400 GRWTH COM 464287606 783 4,985 SH   DFND   60 0 4,925
iSHARES S&P EURO 35O IDX COM 464287861 937 23,555 SH   DFND   170 0 23,385
iSHS MSCI USA DIV IQ UCITS ETF COM 464288SST 430 18,000 SH   DFND   0 0 18,000
iSHARES NASDAQ 100 UCITS ETF COM 464288STT 721 3,200 SH   DFND   0 0 3,200
iSHS CHINA LRGE CAP UCITS ETF COM 464288YRT 359 3,700 SH   DFND   0 0 3,700
iSHARES MSCI WORLD UCITS ETF COM 464288YWT 479 12,500 SH   DFND   0 0 12,500
iSHARES MSCI CHINA COM 46429B671 3,521 80,370 SH   DFND   450 0 79,920
J2 GLOBAL COM 48123V102 1,117 15,770 SH   DFND   0 0 15,770
MARSH& MCLENNAN COS INC COM 571748102 973 18,635 SH   DFND   0 0 18,635
MASTERCARD INCORPORATED COM 57636Q104 1,135 12,595 SH   DFND   0 0 12,595
MICROSOFT CORP COM 594918104 1,297 29,310 SH   DFND   0 0 29,310
NVR, INC COM 62944T105 682 447 SH   DFND   0 0 447
NIKE INC CL B COM 654106103 215 1,746 SH   DFND   0 0 1,746
NORTHERN GRAPHITE CORP F COM 66516A105 4 20,000 SH   DFND   0 0 20,000
NOVAGOLD RES INC NEW F COM 66987E206 641 177,500 SH   DFND   0 0 177,500
NOVO-NORDISK A S ADR COM 670100205 1,287 23,730 SH   DFND   0 0 23,730
ORANGE COUNTY BUS BANK COM 684193105 307 27,832 SH   DFND   0 0 27,832
PFIZER INC COM 717081103 428 13,616 SH   DFND   0 0 13,616
POWERSHARES QQQ COM 73935A104 8,454 83,080 SH   DFND   540 0 82,540
GUGGENHEIM S&P 500 EQUAL WEIGHT HEALTH CA 78355W841 874 6,220 SH   DFND   60 0 6,160
SPDR S&P 500 ETF COM 78462F103 242 1,263 SH   DFND   0 0 1,263
SPDR MSCI ACWI (ex-US) COM 78463X848 352 11,564 SH   DFND   0 0 11,564
SPDR S&P HI YLD DIV ETF COM 78464A763 10,604 146,945 SH   DFND   565 0 146,380
SPDR S&P BANK ETF COM 78464A797 2,597 78,140 SH   DFND   410 0 77,730
ST JUDE MEDICAL INC COM 790849103 1,102 17,460 SH   DFND   0 0 17,460
HENRY SCHEIN INC COM 806407102 468 3,525 SH   DFND   0 0 3,525
SCHWAB US BROAD MKT ETF COM 808524102 455 9,800 SH   DFND   0 0 9,800
SCHWAB US LARGE CAP GROWTH ETF COM 808524300 7,008 140,215 SH   DFND   280 0 139,935
SECTOR SPDR FINCL SELECT SHS COM 81369Y605 4,073 179,745 SH   DFND   1,020 0 178,725
STRYKER CORP COM 863667101 1,174 12,475 SH   DFND   0 0 12,475
TORCHMARK CORP COM 891027104 961 17,045 SH   DFND   0 0 17,045
VANGUARD INTER-TRM BOND ETF COM 921937819 395 4,650 SH   DFND   0 0 4,650
VANGUARD US LRG CAP GR IND ETF COM 922908736 4,533 45,195 SH   DFND   0 0 45,195
WELLS FARGO& CO (NEW) COM 949746101 1,049 20,435 SH   DFND   0 0 20,435
AVAGO TECHNOLOGIES LIMITED COM Y0486S104 1,034 8,270 SH   DFND   0 0 8,270