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
ADVISORSHARES TR DORSY SHRT ETF 00768Y529 13,811 605,348 SH   SOLE   605,348 0 0
BARCLAYS BK PLC BARC ETN+SHILL 06742A669 13,049 87,538 SH   SOLE   87,538 0 0
DBX ETF TR XTRACK MSCI EAFE 233051200 24,562 727,118 SH   SOLE   727,118 0 0
GOLDMAN SACHS ETF TR ACTIVEBETA INT 381430107 19,181 634,087 SH   SOLE   634,087 0 0
INVESCO EXCHANGE TRADED FD T FTSE RAFI 1500 46137V597 37,665 275,509 SH   SOLE   275,509 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 4,082 90,977 SH   SOLE   90,977 0 0
ISHARES TR MSCI ACWI ETF 464288257 12,289 155,060 SH   SOLE   155,060 0 0
ISHARES TR MSCI MIN VOL ETF 46429B697 646 9,847 SH   SOLE   9,846 0 0
ISHARES TR USA QUALITY FCTR 46432F339 25,494 252,418 SH   SOLE   252,418 0 0
ISHARES TR EDGE MSCI USA VL 46432F388 1,883 20,990 SH   SOLE   20,990 0 0
ISHARES TR MULTIFACTOR GLBL 46434V316 40,382 1,294,293 SH   SOLE   1,294,293 0 0
PACER FDS TR TRENDP 100 ETF 69374H303 454 11,265 SH   SOLE   11,264 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,831 11,901 SH   SOLE   11,901 0 0
SPDR INDEX SHS FDS PORTFLI MSCI GBL 78463x475 15,537 361,869 SH   SOLE   361,868 0 0
SPDR SERIES TRUST PORTFOLIO MD ETF 78464A847 43,687 1,205,813 SH   SOLE   1,205,813 0 0
SCHWAB STRATEGIC TR 1000 INDEX ETF 808524722 23,608 747,789 SH   SOLE   747,788 0 0
SCHWAB STRATEGIC TR SCHWAB FDT US SC 808524763 1,871 46,497 SH   SOLE   46,497 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 14,709 330,764 SH   SOLE   330,764 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 38,506 321,281 SH   SOLE   321,281 0 0