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
3M Company COM 88579Y101 264 1,612 SH   DFND 1,2 0 1,612 0
Access Midstream Partners, LP UNIT 00434L109 15,216 280,740 SH   DFND 1,2 0 280,740 0
Aflac Inc Com COM 001055102 220 3,605 SH   DFND 1,2 0 3,605 0
Alliance Resource Partners, LP UT LTD PART 01877R108 20,239 470,138 SH   DFND 1,2 0 470,138 0
Allstate Corp Com COM 020002101 219 3,120 SH   DFND 1,2 0 3,120 0
Amgen Inc Com COM 031162100 1,318 8,279 SH   DFND 1,2 0 8,279 0
Apple Computer Inc COM 037833100 1,215 11,011 SH   DFND 1,2 0 11,011 0
Chevron Corp COM 166764100 209 1,869 SH   DFND 1,2 0 1,869 0
Coca-cola Co Com COM 191216100 373 8,852 SH   DFND 1,2 0 8,852 0
Conoco Phillips COM 20825C104 1,170 16,953 SH   DFND 1,2 0 16,953 0
Credit Suisse Cushing 30 MLP Index ETN EQL WGT MLP LKD 22542D852 23,991 751,373 SH   DFND 1,2 0 751,373 0
CSX Corp COM 126408103 232 6,431 SH   DFND 1,2 0 6,431 0
Deep Value ETF DEEP VALUE ETF 26922A701 196,904 7,795,101 SH   DFND 1,2 0 7,795,101 0
Enbridge Energy Partners, L.P. COM 29250R106 20,928 524,532 SH   DFND 1,2 0 524,532 0
Energy Transfer Equity, LP COM UT LTD PTN 29273V100 12,448 216,941 SH   DFND 1,2 0 216,941 0
Energy Transfer Partners L.P. UNIT LTD PARTN 29273R109 27,889 429,062 SH   DFND 1,2 0 429,062 0
Enterprise Products Partners LP COM 293792107 36,995 1,024,233 SH   DFND 1,2 0 1,024,233 0
Ev Energy Partners, LP COM UNITS 26926V107 3,701 192,102 SH   DFND 1,2 0 192,102 0
Exxon Mobil Corp COM 30231G102 1,480 16,009 SH   DFND 1,2 0 16,009 0
First Trust Energy Income & Growth COM 33738G104 14,612 400,348 SH   DFND 1,2 0 400,348 0
First Trust MLP and Energy Income Fund COM 33739B104 17,435 809,058 SH   DFND 1,2 0 809,058 0
General Electric COM 369604103 710 28,099 SH   DFND 1,2 0 28,099 0
Intel Corporation COM 458140100 693 19,113 SH   DFND 1,2 0 19,113 0
International Business Machines Corp. COM 459200101 366 2,282 SH   DFND 1,2 0 2,282 0
iShares Core Total US Bond Market ETF CORE US AGGBD ET 464287226 4,561 41,426 SH   DFND 1,2 0 41,426 0
iShares MSCI EAFE Index MSCI EAFE ETF 464287465 934 15,356 SH   DFND 1,2 0 15,356 0
iShares MSCI World MSCI WORLD ETF 464286392 888 12,396 SH   DFND 1,2 0 12,396 0
iShares S & P Europe Index EUROPE ETF 464287861 697 16,411 SH   DFND 1,2 0 16,411 0
iShares S&P 500 Growth Index Fund 500 GRWT ETF 464287309 120,749 1,081,988 SH   DFND 1,2 0 1,081,988 0
Ishares Tr S&p Gssi Technology Index Fund AMER TECH ETF 464287549 981 9,630 SH   DFND 1,2 0 9,630 0
Johnson & Johnson COM 478160104 330 3,158 SH   DFND 1,2 0 3,158 0
JPMorgan Alerian MLP ETN ALERIAN ML ETN 46625H365 35,403 770,486 SH   DFND 1,2 0 770,486 0
Jpmorgan Chase & Co COM 46625H100 591 9,446 SH   DFND 1,2 0 9,446 0
Kinder Morgan Inc Del Com COM 49456B101 655 15,496 SH   DFND 1,2 0 15,496 0
Magellan Midstream Partners LP COM UNIT RP LP 559080106 17,975 217,469 SH   DFND 1,2 0 217,469 0
Market Vectors Oil Services OIL SVCS ETF 57060U191 2,118 59,037 SH   DFND 1,2 0 59,037 0
Merck & Co. New COM 58933Y105 219 3,871 SH   DFND 1,2 0 3,871 0
Microsoft Corp. COM 594918104 911 19,618 SH   DFND 1,2 0 19,618 0
NGL Energy Partners, LP COM UNIT REPST 62913M107 10,058 359,373 SH   DFND 1,2 0 359,373 0
Nustar Energy L.P. UNIT COM 67058H102 8,152 141,171 SH   DFND 1,2 0 141,171 0
Oneok Partners LP UNIT LTD PARTN 68268N103 16,434 414,711 SH   DFND 1,2 0 414,711 0
Oracle Corp Com COM 68389X105 225 5,019 SH   DFND 1,2 0 5,019 0
Pfizer Inc. COM 717081103 369 11,846 SH   DFND 1,2 0 11,846 0
Philip Morris International, Inc. COM 718172109 416 5,112 SH   DFND 1,2 0 5,112 0
Plains All American Pipeline, L.P. UNIT LTD PARTN 726503105 23,664 461,121 SH   DFND 1,2 0 461,121 0
Procter & Gamble Co. COM 742718109 1,107 12,156 SH   DFND 1,2 0 12,156 0
Royal Dutch Shell Petroleum ADR SPONS ADR A 780259206 305 4,566 SH   DFND 1,2 0 4,566 0
Sector Spdr Energy Select SBI INT-ENERGY 81369Y506 1,118 14,127 SH   DFND 1,2 0 14,127 0
Select Sector Spdr Tr Health Care SBI HEALTHCARE 81369Y209 626 9,163 SH   DFND 1,2 0 9,163 0
Select Sector SPDR: Consumer Staples SBI CONS STPLS 81369Y308 224,511 4,630,074 SH   DFND 1,2 0 4,630,074 0
SPDR Gold Trust GOLD SHS 78463V107 82,135 723,159 SH   DFND 1,2 0 723,159 0
Spectra Energy Partners, LP COM 84756N109 19,373 340,068 SH   DFND 1,2 0 340,068 0
Targa Resources Partners LP COM UNIT 87611X105 5,872 122,660 SH   DFND 1,2 0 122,660 0
TC PipeLines, LP COM LTD PRT 87233Q108 16,565 232,595 SH   DFND 1,2 0 232,595 0
Teekay LNG Partners, LP PRTNRSP UNITS Y8564M105 13,444 312,652 SH   DFND 1,2 0 312,652 0
The Williams Co Inc COM 969457100 15,300 340,467 SH   DFND 1,2 0 340,467 0
United Technologies Co COM 913017109 391 3,405 SH   DFND 1,2 0 3,405 0
Vanguard Emerging Market ETF FTSE EMR MKT ETF 922042858 12,270 306,610 SH   DFND 1,2 0 306,610 0
Vanguard Natural Resources LLC COM UNIT 92205F106 7,813 518,474 SH   DFND 1,2 0 518,474 0
Walt Disney Co. COM DISNEY 254687106 748 7,944 SH   DFND 1,2 0 7,944 0
Wells Fargo & Co New Com COM 949746101 402 7,348 SH   DFND 1,2 0 7,348 0
Western Gas Partners L.P. COM UNIT LP IN 958254104 10,838 148,371 SH   DFND 1,2 0 148,371 0
Williams Partners Common Unit LP COM UNIT L P 96950F104 10,010 223,691 SH   DFND 1,2 0 223,691 0
Wisdomtree Tr Japan Hedged Equity Fund JAPN HEDGE EQT 97717W851 91,837 1,865,481 SH   DFND 1,2 0 1,865,481 0