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 MSCI JAPAN ETF 464286848 639 50,928 SH   DFND   0 50,928 0
ISHARES GOLD TRUST ISHARES 464285105 1,153 90,874 SH   DFND   0 90,874 0
ISHARES TR RUS MD CP GR ETF 464287481 8,258 84,812 SH   DFND   0 84,812 0
ISHARES TR EAFE VALUE ETF 464288877 6,007 130,141 SH   DFND   0 130,141 0
ISHARES TR U.S. PFD STK ETF 464288687 1,405 35,573 SH   DFND   0 35,573 0
ISHARES TR CORE US CR BD 464288620 1,418 12,456 SH   DFND   0 12,456 0
ISHARES TR MRGSTR SM CP ETF 464288505 570 3,936 SH   DFND   0 3,936 0
ISHARES TR RUS 1000 GRW ETF 464287614 388 3,727 SH   DFND   0 3,727 0
ISHARES TR MSCI EAFE ETF 464287465 2,081 35,188 SH   DFND   0 35,188 0
ISHARES TR CORE S&P500 ETF 464287200 1,968 9,045 SH   DFND   0 9,045 0
ISHARES TR TIPS BD ETF 464287176 416 3,571 SH   DFND   0 3,571 0
ISHARES TR SELECT DIVID ETF 464287168 622 7,261 SH   DFND   0 7,261 0
ISHARES TR S&P 100 ETF 464287101 13,760 143,443 SH   DFND   0 143,443 0
ISHARES TR RUS 2000 GRW ETF 464287648 3,349 22,489 SH   DFND   0 22,489 0
POWERSHARES ETF TR II PWRS INT BUYBK 73937B621 268 9,416 SH   DFND   0 9,416 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 800 7,588 SH   DFND   0 7,588 0
POWERSHARES ETF TRUST DYNA BUYBK ACH 73935X286 868 18,292 SH   DFND   0 18,292 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 6,531 55,012 SH   DFND   0 55,012 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 584 17,833 SH   DFND   0 17,833 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2,521 130,603 SH   DFND   0 130,603 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2,627 37,199 SH   DFND   0 37,199 0
SIENTRA INC COM 82621J105 150 16,735 SH   DFND   0 16,735 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,679 21,321 SH   DFND   0 21,321 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 218 1,009 SH   DFND   0 1,009 0
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 1,418 49,182 SH   DFND   0 49,182 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 778 21,191 SH   DFND   0 21,191 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 3,785 46,830 SH   DFND   0 46,830 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 2,492 29,621 SH   DFND   0 29,621 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,881 16,895 SH   DFND   0 16,895 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 387 4,238 SH   DFND   0 4,238 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3,738 99,340 SH   DFND   0 99,340 0
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 2,368 39,097 SH   DFND   0 39,097 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 10,569 125,930 SH   DFND   0 125,930 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 278 7,420 SH   DFND   0 7,420 0