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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES MSCI JAPAN ETF 464286848   1,951 171,014 SH   DFND   0 171,014 0
ISHARES TR SELECT DIVID ETF 464287168   594 7,276 SH   DFND   0 7,276 0
ISHARES TR RUS 2000 GRW ETF 464287648   1,806 13,617 SH   DFND   0 13,617 0
ISHARES TR US HLTHCARE ETF 464287762   202 1,437 SH   DFND   0 1,437 0
ISHARES TR MRGSTR SM CP ETF 464288505   1,791 13,445 SH   DFND   0 13,445 0
ISHARES TR CORE US CR BD 464288620   1,916 17,369 SH   DFND   0 17,369 0
ISHARES TR U.S. PFD STK ETF 464288687   1,286 32,943 SH   DFND   0 32,943 0
ISHARES TR EAFE VALUE ETF 464288877   10,935 243,767 SH   DFND   0 243,767 0
ISHARES TR CORE S&P MCP ETF 464287507   329 2,279 SH   DFND   0 2,279 0
ISHARES TR RUS MD CP GR ETF 464287481   11,170 121,207 SH   DFND   0 121,207 0
ISHARES TR MSCI EAFE ETF 464287465   5,762 100,801 SH   DFND   0 100,801 0
ISHARES TR RUS 1000 GRW ETF 464287614   500 5,012 SH   DFND   0 5,012 0
ISHARES TR TIPS BD ETF 464287176   521 4,549 SH   DFND   0 4,549 0
ISHARES TR S&P 100 ETF 464287101   13,771 150,714 SH   DFND   0 150,714 0
ISHARES TR CORE S&P500 ETF 464287200   4,503 21,789 SH   DFND   0 21,789 0
MANNKIND CORP COM 56400P201   17 10,253 SH   DFND   0 10,253 0
POWERSHARES ETF TR II PWRS INT BUYBK 73937B621   697 25,527 SH   DFND   0 25,527 0
POWERSHARES ETF TRUST DYNA BUYBK ACH 73935X286   3,125 68,944 SH   DFND   0 68,944 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567   1,292 13,696 SH   DFND   0 13,696 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104   9,106 83,389 SH   DFND   0 83,389 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605   3,045 135,324 SH   DFND   0 135,324 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506   1,259 20,346 SH   DFND   0 20,346 0
SPDR GOLD TRUST GOLD SHS 78463V107   1,653 14,052 SH   DFND   0 14,052 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   711 3,460 SH   DFND   0 3,460 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107   471 1,794 SH   DFND   0 1,794 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417   1,620 47,290 SH   DFND   0 47,290 0
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516   1,313 23,561 SH   DFND   0 23,561 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835   1,607 19,402 SH   DFND   0 19,402 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827   4,521 56,077 SH   DFND   0 56,077 0
VANGUARD INDEX FDS REIT ETF 922908553   214 2,556 SH   DFND   0 2,556 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652   393 4,749 SH   DFND   0 4,749 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769   1,916 18,276 SH   DFND   0 18,276 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858   4,454 128,814 SH   DFND   0 128,814 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874   6,042 124,523 SH   DFND   0 124,523 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844   8,235 101,351 SH   DFND   0 101,351 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858   753 20,986 SH   DFND   0 20,986 0