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
ISHARES TR S&P MC 400VL ETF 464287705 243 1,590 SH   SOLE   0 0 1,590
ISHARES TR S&P MC 400GR ETF 464287606 211 1,043 SH   SOLE   0 0 1,043
ISHARES TR CORE S&P500 ETF 464287200 2,504 9,899 SH   SOLE   0 0 9,899
ISHARES TR RUS 1000 GRW ETF 464287614 4,244 33,938 SH   SOLE   0 0 33,938
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 218 4,102 SH   SOLE   0 0 4,102
ALTRIA GROUP INC COM 02209S103 313 4,937 SH   SOLE   0 0 4,937
AT&T INC COM 00206R102 403 10,287 SH   SOLE   0 0 10,287
VERIZON COMMUNICATIONS INC COM 92343V104 384 7,766 SH   SOLE   0 0 7,766
ISHARES TR RUS MID CAP ETF 464287499 9,580 48,594 SH   SOLE   0 0 48,594
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 281 2,969 SH   SOLE   0 0 2,969
FORD MTR CO DEL COM PAR $0.01 345370860 172 14,350 SH   SOLE   0 0 14,350
FEDERATED INVS INC PA CL B 314211103 88,091 2,966,041 SH   SOLE   0 0 2,966,041
APPLE INC COM 037833100 388 2,520 SH   SOLE   0 0 2,520
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 490 5,125 SH   SOLE   0 0 5,125
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 375 8,602 SH   SOLE   0 0 8,602
ISHARES TR CORE US AGGBD ET 464287226 754 6,878 SH   SOLE   0 0 6,878
ISHARES TR SELECT DIVID ETF 464287168 201 2,149 SH   SOLE   0 0 2,149
AETNA INC NEW COM 00817Y108 2,240 14,089 SH   SOLE   0 0 14,089
SPDR GOLD TRUST GOLD SHS 78463V107 403 3,315 SH   SOLE   0 0 3,315
VANGUARD INDEX FDS MID CAP ETF 922908629 10,875 73,977 SH   SOLE   0 0 73,977
VANGUARD INDEX FDS REIT ETF 922908553 538 6,480 SH   SOLE   0 0 6,480
VANGUARD INDEX FDS SMALL CP ETF 922908751 706 4,994 SH   SOLE   0 0 4,994
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 2,186 22,079 SH   SOLE   0 0 22,079
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 232 2,200 SH   SOLE   0 0 2,200
SPDR SERIES TRUST S&P 400 MDCP GRW 78464A821 1,253 8,495 SH   SOLE   0 0 8,495
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 1,522 19,073 SH   SOLE   0 0 19,073
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 303 3,580 SH   SOLE   0 0 3,580
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 12,423 286,175 SH   SOLE   0 0 286,175
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 302 6,998 SH   SOLE   0 0 6,998
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 5,493 164,103 SH   SOLE   0 0 164,103
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 938 15,618 SH   SOLE   0 0 15,618
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 514 19,102 SH   SOLE   0 0 19,102
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 583 11,558 SH   SOLE   0 0 11,558
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 1,917 8,306 SH   SOLE   0 0 8,306
SCHWAB STRATEGIC TR US REIT ETF 808524847 271 6,588 SH   SOLE   0 0 6,588
SANOFI RIGHT 12/31/2020 80105N113 9 25,000 SH   SOLE   0 0 25,000
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 430 9,380 SH   SOLE   0 0 9,380
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 1,148 21,927 SH   SOLE   0 0 21,927
ISHARES INC CORE MSCI EMKT 46434G103 376 6,963 SH   SOLE   0 0 6,963
ISHARES TR CORE MSCI EAFE 46432F842 1,012 15,769 SH   SOLE   0 0 15,769
ISHARES TR CORE 1 5 YR USD 46432F859 210 4,184 SH   SOLE   0 0 4,184
WISDOMTREE TR US QTLY DIV GRT 97717X669 423 11,072 SH   SOLE   0 0 11,072