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 CORE MSCI EMERGING ETF 46434G103 63,963 1,035,673 SH   SOLE   0 0 1,035,673
ISHARES CORE MSCI EUROPE ETF 46434V738 40,462 721,755 SH   SOLE   0 0 721,755
ISHARES CORE MSCI PACIFIC ET ETF 46434V696 27,487 410,496 SH   SOLE   0 0 410,496
ISHARES CORE S&P 500 ETF ETF 464287200 18,523 42,994 SH   SOLE   0 0 42,994
ISHARES CORE S&P SMALL-CAP E ETF 464287804 3,022 27,673 SH   SOLE   0 0 27,673
ISHARES CORE S&P TOTAL U.S. ETF 464287150 65,131 662,033 SH   SOLE   0 0 662,033
ISHARES CORE S&P U.S. VALUE ETF 464287663 3,805 53,676 SH   SOLE   0 0 53,676
ISHARES IBOXX HIGH YLD CORP ETF 464288513 1,743 19,924 SH   SOLE   0 0 19,924
ISHARES MSCI CANADA ETF ETF 464286509 4,062 111,911 SH   SOLE   0 0 111,911
ISHARES MSCI EAFE SMALL-CAP ETF 464288273 5,180 69,611 SH   SOLE   0 0 69,611
ISHARES NATIONAL MUNI BOND E ETF 464288414 1,690 14,551 SH   SOLE   0 0 14,551
ISHARES RUSSELL 1000 VALUE E ETF 464287598 282 1,800 SH   SOLE   0 0 1,800
ISHARES TIPS BOND ETF ETF 464287176 5,875 46,006 SH   SOLE   0 0 46,006
SCHWAB INTL SMALL-CAP EQUITY ETF 808524888 2,586 62,277 SH   SOLE   0 0 62,277
SCHWAB US BROAD MARKET ETF ETF 808524102 712 6,852 SH   SOLE   0 0 6,852
SCHWAB US REIT ETF ETF 808524847 11,648 255,000 SH   SOLE   0 0 255,000
SPDR BBG BARC 1-3 MONTH TBIL ETF 78468R663 13,476 147,343 SH   SOLE   0 0 147,343
SPDR S&P 500 ETF TRUST ETF 78462F103 667 1,554 SH   SOLE   0 0 1,554
VANGUARD FTSE ALL WO X-US SC ETF 922042718 250 1,873 SH   SOLE   0 0 1,873
VANGUARD FTSE EMERGING MARKE ETF 922042858 80,555 1,610,780 SH   SOLE   0 0 1,610,780
VANGUARD FTSE EUROPE ETF ETF 922042874 84,805 1,292,566 SH   SOLE   0 0 1,292,566
VANGUARD FTSE PACIFIC ETF ETF 922042866 38,704 477,585 SH   SOLE   0 0 477,585
VANGUARD GLBL EX-US REAL EST ETF 922042676 10,816 192,077 SH   SOLE   0 0 192,077
VANGUARD INTERMEDIATE-TERM T ETF 92206C706 979 14,500 SH   SOLE   0 0 14,500
VANGUARD REAL ESTATE ETF ETF 922908553 31,872 313,148 SH   SOLE   0 0 313,148
VANGUARD S&P 500 ETF ETF 922908363 25,891 65,647 SH   SOLE   0 0 65,647
VANGUARD SHORT-TERM TREASURY ETF 92206C102 4,432 72,170 SH   SOLE   0 0 72,170
VANGUARD SMALL-CAP ETF ETF 922908751 16,949 77,510 SH   SOLE   0 0 77,510
VANGUARD TAX-EXEMPT BOND ETF ETF 922907746 1,100 20,085 SH   SOLE   0 0 20,085
VANGUARD TOTAL BOND MARKET ETF 921937835 472 5,529 SH   SOLE   0 0 5,529
VANGUARD TOTAL STOCK MKT ETF ETF 922908769 138,682 624,527 SH   SOLE   0 0 624,527
VANGUARD VALUE ETF ETF 922908744 12,272 90,652 SH   SOLE   0 0 90,652
XTRACKERS USD HIGH YIELD COR ETF 233051432 8,025 200,226 SH   SOLE   0 0 200,226
ISHARES GOLD TRUST ETF 464285204 2,912 87,161 SH   SOLE   0 0 87,161
JPMORGAN BETABUILDERS CANADA ETF 46641Q209 20,138 319,898 SH   SOLE   0 0 319,898