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
ALPHA ARCHITECT ETF TR US QUAN VALUE 02072L102 2,190 72,531 SH   SOLE 72,531 0 0
ALPHA ARCHITECT ETF TR US QUAN VALUE 02072L102 1,856 61,450 SH   OTR 1 61,450 0 0
ALPHABET INC CAP STK CL A 02079K305 306 295 SH   SOLE 295 0 0
AMAZON COM INC COM 023135106 123 85 SH   OTR 1 85 0 0
AMAZON COM INC COM 023135106 136 94 SH   SOLE 94 0 0
APPLE INC COM 037833100 230 1,369 SH   SOLE 1,369 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 2,046 83,993 SH   OTR 1 83,993 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 5,594 229,802 SH   SOLE 229,802 0 0
DBX ETF TR XTRACK MSCI EAFE 233051200 4,010 130,563 SH   OTR 1 130,563 0 0
DBX ETF TR XTRACK MSCI EAFE 233051200 2,781 90,537 SH   SOLE 90,537 0 0
FACEBOOK INC CL A 30303M102 133 838 SH   SOLE 838 0 0
FACEBOOK INC CL A 30303M102 98 613 SH   OTR 1 613 0 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738D101 2,118 96,832 SH   SOLE 96,832 0 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738D101 729 33,252 SH   OTR 1 33,252 0 0
FIRST TR EXCHANGE TRADED FD WTR ETF 33733B100 10,485 219,592 SH   SOLE 219,592 0 0
HOME DEPOT INC COM 437076102 212 1,190 SH   SOLE 1,190 0 0
ISHARES INC CUR HD MSCI EM 46434G509 4,132 153,317 SH   OTR 1 153,317 0 0
ISHARES INC CUR HD MSCI EM 46434G509 1,959 72,773 SH   SOLE 72,773 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 503 4,841 SH   SOLE 4,841 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 504 6,029 SH   SOLE 6,029 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 4,660 45,164 SH   SOLE 45,164 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 225 2,186 SH   OTR 1 2,186 0 0
ISHARES TR CORE S&P500 ETF 464287200 6,191 23,312 SH   SOLE 23,312 0 0
ISHARES TR CORE S&P500 ETF 464287200 2,072 7,812 SH   OTR 1 7,812 0 0
ISHARES TR CORE US AGGBD ET 464287226 264 2,464 SH   OTR 1 2,464 0 0
ISHARES TR CORE US AGGBD ET 464287226 5,295 49,363 SH   SOLE 49,363 0 0
ISHARES TR FLTG RATE NT ETF 46429B655 1,005 19,739 SH   SOLE 19,739 0 0
ISHARES TR GLB INFRASTR ETF 464288372 1,703 39,705 SH   OTR 1 39,705 0 0
ISHARES TR GLB INFRASTR ETF 464288372 1,996 46,553 SH   SOLE 46,553 0 0
ISHARES TR IBOXX HI YD ETF 464288513 1,570 18,356 SH   SOLE 18,356 0 0
ISHARES TR IBOXX HI YD ETF 464288513 393 4,541 SH   OTR 1 4,541 0 0
ISHARES TR IBOXX INV CP ETF 464287242 3,466 29,523 SH   SOLE 29,523 0 0
ISHARES TR IBOXX INV CP ETF 464287242 483 4,116 SH   OTR 1 4,116 0 0
ISHARES TR JPMORGAN USD EMG 464288281 2,137 18,935 SH   OTR 1 18,935 0 0
ISHARES TR JPMORGAN USD EMG 464288281 6,282 55,688 SH   SOLE 55,688 0 0
ISHARES TR MBS ETF 464288588 522 4,986 SH   OTR 1 4,986 0 0
ISHARES TR MBS ETF 464288588 1,089 10,384 SH   SOLE 10,384 0 0
ISHARES TR MSCI EAFE ETF 464287465 585 8,400 SH   SOLE 8,400 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 2,378 17,449 SH   SOLE 17,449 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 2,213 16,269 SH   OTR 1 16,269 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 868 7,235 SH   OTR 1 7,235 0 0
ISHARES TR TIPS BD ETF 464287176 3,323 29,387 SH   SOLE 29,387 0 0
ISHARES TR TIPS BD ETF 464287176 497 4,399 SH   OTR 1 4,399 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 388 16,172 SH   OTR 1 16,172 0 0
JPMORGAN CHASE & CO COM 46625H100 372 3,383 SH   OTR 1 3,383 0 0
JPMORGAN CHASE & CO COM 46625H100 136 1,240 SH   SOLE 1,240 0 0
MASTERCARD INCORPORATED CL A 57636Q104 283 1,613 SH   SOLE 1,613 0 0
PIMCO ETF TR 15+ YR US TIPS 72201R304 3,296 49,102 SH   OTR 1 49,102 0 0
PIMCO ETF TR 15+ YR US TIPS 72201R304 2,139 31,932 SH   SOLE 31,932 0 0
PIMCO ETF TR 25YR+ ZERO U S 72201R882 563 4,900 SH   SOLE 4,900 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 613 26,446 SH   OTR 1 26,446 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,156 49,865 SH   SOLE 49,865 0 0
PROSHARES TR MSCI EMRG ETF 74347X302 832 8,675 SH   SOLE 8,675 0 0
PROSHARES TR MSCI EMRG ETF 74347X302 18 191 SH   OTR 1 191 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 1,331 12,628 SH   SOLE 12,628 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 63 595 SH   OTR 1 595 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 30 430 SH   OTR 1 430 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 872 12,618 SH   SOLE 12,618 0 0
PROSHARES TR ULTR MSCI ETF 74347X500 21 167 SH   OTR 1 167 0 0
PROSHARES TR ULTR MSCI ETF 74347X500 1,467 11,454 SH   SOLE 11,454 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 237 901 SH   OTR 1 901 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 13,124 49,874 SH   SOLE 49,874 0 0
SPDR SER TR BLOMBERG BRC INV 78468R200 502 16,341 SH   SOLE 16,341 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 89 2,483 SH   SOLE 2,483 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 685 19,127 SH   OTR 1 19,127 0 0
SPDR SERIES TRUST CITI INT GVT ETF 78464A490 4,674 78,574 SH   SOLE 78,574 0 0
SPDR SERIES TRUST CITI INT GVT ETF 78464A490 3,212 53,949 SH   OTR 1 53,949 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 3,091 56,476 SH   OTR 1 56,476 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 6,139 112,152 SH   SOLE 112,152 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1,514 20,073 SH   OTR 1 20,073 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 7,932 105,102 SH   SOLE 105,102 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 1,214 8,266 SH   SOLE 8,266 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6 138 SH   OTR 1 138 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 4,248 90,428 SH   SOLE 90,428 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 1,915 31,450 SH   SOLE 31,450 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 1,629 26,730 SH   OTR 1 26,730 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,869 25,377 SH   OTR 1 25,377 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1 20 SH   SOLE 20 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 2,144 23,456 SH   OTR 1 23,456 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 2,196 24,068 SH   SOLE 24,068 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 900 17,456 SH   OTR 1 17,456 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 521 11,783 SH   OTR 1 11,783 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 8,869 200,429 SH   SOLE 200,429 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 2,853 24,899 SH   OTR 1 24,899 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 3,635 31,715 SH   SOLE 31,715 0 0
WISDOMTREE TR US SMALLCP ERNGS 97717W562 1,443 40,309 SH   SOLE 40,309 0 0
WISDOMTREE TR US SMALLCP ERNGS 97717W562 886 24,788 SH   OTR 1 24,788 0 0