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
AGILENT TECHNOLOGIES INC COM 00846U101 445 6,649 SH   SOLE   0 0 6,649
ALPS ETF TR ALERIAN MLP 00162Q866 97 10,340 SH   SOLE   0 0 10,340
AMAZON COM INC COM 023135106 224 155 SH   SOLE   0 0 155
APPLE INC COM 037833100 374 2,231 SH   SOLE   0 0 2,231
ARCHER DANIELS MIDLAND CO COM 039483102 256 5,899 SH   SOLE   0 0 5,899
AT&T INC COM 00206R102 1,842 51,672 SH   SOLE   0 0 51,672
BLUEROCK RESIDENTIAL GRW REI COM CL A 09627J102 85 10,000 SH   SOLE   0 0 10,000
COSTCO WHSL CORP NEW COM 22160K105 347 1,844 SH   SOLE   0 0 1,844
EDISON INTL COM 281020107 200 3,146 SH   SOLE   0 0 3,146
ETFS TR BBG COMMD K 1 26923J503 50,429 2,071,854 SH   SOLE   0 0 2,071,854
FACEBOOK INC CL A 30303M102 266 1,663 SH   SOLE   0 0 1,663
FIDELITY MSCI FINLS IDX 316092501 23,838 590,189 SH   SOLE   0 0 590,189
FIDELITY MSCI INFO TECH I 316092808 22,173 427,466 SH   SOLE   0 0 427,466
FIRST COMWLTH FINL CORP PA COM 319829107 833 58,981 SH   SOLE   0 0 58,981
GLOBAL X FDS GLBL X MLP ETF 37950E473 547 64,394 SH   SOLE   0 0 64,394
HOME DEPOT INC COM 437076102 264 1,480 SH   SOLE   0 0 1,480
ISHARES INC CORE MSCI EMKT 46434G103 6,517 111,600 SH   SOLE   0 0 111,600
ISHARES TR 1 3 YR CR BD ETF 464288646 550 5,296 SH   SOLE   0 0 5,296
ISHARES TR CORE MSCI EAFE 46432F842 14,849 225,401 SH   SOLE   0 0 225,401
ISHARES TR CORE S&P MCP ETF 464287507 61,895 329,985 SH   SOLE   0 0 329,985
ISHARES TR CORE S&P SCP ETF 464287804 38,926 505,462 SH   SOLE   0 0 505,462
ISHARES TR CORE S&P500 ETF 464287200 23,771 89,576 SH   SOLE   0 0 89,576
ISHARES TR CORE US AGGBD ET 464287226 58,797 548,228 SH   SOLE   0 0 548,228
ISHARES TR FLTG RATE NT ETF 46429B655 164,141 3,222,884 SH   SOLE   0 0 3,222,884
ISHARES TR IBOXX HI YD ETF 464288513 867 10,129 SH   SOLE   0 0 10,129
ISHARES TR INTL DEV RE ETF 464288489 256 8,620 SH   SOLE   0 0 8,620
ISHARES TR MSCI EAFE ETF 464287465 2,404 34,501 SH   SOLE   0 0 34,501
ISHARES TR RUSSELL 2000 ETF 464287655 2,312 15,229 SH   SOLE   0 0 15,229
ISHARES TR S&P US PFD STK 464288687 4,776 127,164 SH   SOLE   0 0 127,164
MARCUS & MILLICHAP INC COM 566324109 306 8,497 SH   SOLE   0 0 8,497
MCDONALDS CORP COM 580135101 1,423 9,102 SH   SOLE   0 0 9,102
NETAPP INC COM 64110D104 432 7,000 SH   SOLE   0 0 7,000
NUVEEN CALIF MUN VALUE FD COM 67062C107 142 15,250 SH   SOLE   0 0 15,250
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 2,138 21,449 SH   SOLE   0 0 21,449
POWERSHARES ETF TR II VAR RATE PFD POR 73937B597 39,324 1,562,329 SH   SOLE   0 0 1,562,329
PROCTER AND GAMBLE CO COM 742718109 254 3,208 SH   SOLE   0 0 3,208
QUALCOMM INC COM 747525103 384 6,937 SH   SOLE   0 0 6,937
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,560 24,725 SH   SOLE   0 0 24,725
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 1,266 23,932 SH   SOLE   0 0 23,932
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 966 13,971 SH   SOLE   0 0 13,971
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,307 12,568 SH   SOLE   0 0 12,568
SPDR SER TR BLOOMBERG SRT TR 78468R408 26,756 977,558 SH   SOLE   0 0 977,558
TORTOISE PIPELINE & ENERGY F COM 89148H108 257 16,000 SH   SOLE   0 0 16,000
UNITED PARCEL SERVICE INC CL B 911312106 1,085 10,367 SH   SOLE   0 0 10,367
VANECK VECTORS ETF TR INVT GRADE FLTG 92189F486 1,566 61,987 SH   SOLE   0 0 61,987
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 2,611 32,668 SH   SOLE   0 0 32,668
VANGUARD GROUP DIV APP ETF 921908844 636 6,290 SH   SOLE   0 0 6,290
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,972 16,270 SH   SOLE   0 0 16,270
VANGUARD INDEX FDS MID CAP ETF 922908629 1,121 7,269 SH   SOLE   0 0 7,269
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 71,650 295,977 SH   SOLE   0 0 295,977
VANGUARD INDEX FDS SMALL CP ETF 922908751 427 2,908 SH   SOLE   0 0 2,908
VANGUARD INDEX FDS TOTAL STK MKT 922908769 2,692 19,838 SH   SOLE   0 0 19,838
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 4,289 78,886 SH   SOLE   0 0 78,886
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 39,952 850,396 SH   SOLE   0 0 850,396
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 149,539 3,379,402 SH   SOLE   0 0 3,379,402
VERIZON COMMUNICATIONS INC COM 92343V104 378 7,909 SH   SOLE   0 0 7,909