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
ABBOTT LABS COM 002824100 732 17,298 SH   SOLE 1 0 0 17,298
APPLE INC COM 037833100 902 7,979 SH   SOLE 1 0 0 7,979
BP PLC SPONSORED ADR 055622104 520 14,795 SH   SOLE 1 0 0 14,795
BOEING CO COM 097023105 432 3,278 SH   SOLE 1 0 0 3,278
CBL & ASSOC PPTYS INC COM 124830100 135 11,107 SH   SOLE 1 0 0 11,107
DBX ETF TR XTRAK MSCI EAFE 233051200 6,019 228,181 SH   SOLE 1 0 0 228,181
DOW CHEM CO COM 260543103 331 6,382 SH   SOLE 1 0 0 6,382
EASTMAN CHEM CO COM 277432100 346 5,119 SH   SOLE 1 0 0 5,119
GILEAD SCIENCES INC COM 375558103 845 10,679 SH   SOLE 1 0 0 10,679
GLADSTONE COML CORP COM 376536108 241 12,924 SH   SOLE 1 0 0 12,924
ISHARES TR CORE S&P500 ETF 464287200 2,894 13,302 SH   SOLE 1 0 0 13,302
ISHARES TR CORE US AGGBD ET 464287226 8,999 80,045 SH   SOLE 1 0 0 80,045
ISHARES TR MSCI EMG MKT ETF 464287234 13,144 350,962 SH   SOLE 1 0 0 350,962
ISHARES TR IBOXX INV CP ETF 464287242 4,959 40,262 SH   SOLE 1 0 0 40,262
ISHARES TR S&P 500 GRWT ETF 464287309 10,904 89,623 SH   SOLE 1 0 0 89,623
ISHARES TR RUS MID-CAP ETF 464287499 792 4,542 SH   SOLE 1 0 0 4,542
ISHARES TR CORE S&P MCP ETF 464287507 10,061 65,034 SH   SOLE 1 0 0 65,034
ISHARES TR RUS 1000 GRW ETF 464287614 8,475 81,359 SH   SOLE 1 0 0 81,359
ISHARES TR RUS 2000 VAL ETF 464287630 9,142 87,272 SH   SOLE 1 0 0 87,272
ISHARES TR RUSSELL 2000 ETF 464287655 452 3,643 SH   SOLE 1 0 0 3,643
ISHARES TR NATIONAL MUN ETF 464288414 1,475 13,082 SH   SOLE 1 0 0 13,082
ISHARES TR U.S. PFD STK ETF 464288687 382 9,669 SH   SOLE 1 0 0 9,669
MAGNA INTL INC COM 559222401 523 12,179 SH   SOLE 1 0 0 12,179
NEW MTN FIN CORP COM 647551100 250 18,203 SH   SOLE 1 0 0 18,203
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 500 9,986 SH   SOLE 1 0 0 9,986
US BANCORP DEL COM NEW 902973304 846 19,720 SH   SOLE 1 0 0 19,720
UNITED PARCEL SERVICE INC CL B 911312106 602 5,506 SH   SOLE 1 0 0 5,506
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 4,248 50,489 SH   SOLE 1 0 0 50,489
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 6,466 106,257 SH   SOLE 1 0 0 106,257
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 3,485 76,721 SH   SOLE 1 0 0 76,721
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3,922 104,224 SH   SOLE 1 0 0 104,224
VANGUARD INDEX FDS SML CP GRW ETF 922908595 8,780 66,624 SH   SOLE 1 0 0 66,624
VANGUARD INDEX FDS MID CAP ETF 922908629 8,511 65,754 SH   SOLE 1 0 0 65,754
VANGUARD INDEX FDS VALUE ETF 922908744 9,407 108,128 SH   SOLE 1 0 0 108,128
VANGUARD INDEX FDS SMALL CP ETF 922908751 8,480 69,403 SH   SOLE 1 0 0 69,403
WAL-MART STORES INC COM 931142103 758 10,505 SH   SOLE 1 0 0 10,505
BT GROUP PLC ADR 05577E101 502 19,745 SH   SOLE 1 0 0 19,745
TARGET CORP COM 87612E106 832 12,121 SH   SOLE 1 0 0 12,121
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX 33733E302 763 9,350 SH   SOLE 1 0 0 9,350
ALPS ETF TR ALERIAN MLP 00162Q866 2,464 194,143 SH   SOLE 1 0 0 194,143
AMERIPRISE FINL INC COM 03076C106 858 8,596 SH   SOLE 1 0 0 8,596
APOLLO COML REAL EST FIN INC COM 03762U105 186 11,385 SH   SOLE 1 0 0 11,385
ARES CAP CORP COM 04010L103 183 11,803 SH   SOLE 1 0 0 11,803
BAY BANCORP INC COM 07203T106 122 22,217 SH   SOLE 1 0 0 22,217
CISCO SYS INC COM 17275R102 951 29,988 SH   SOLE 1 0 0 29,988
DIAGEO P L C SPON ADR NEW 25243Q205 744 6,408 SH   SOLE 1 0 0 6,408
FIRST TR EXCHANGE TRADED FD CONSUMR DISCRE 33734X101 672 19,060 SH   SOLE 1 0 0 19,060
FIRST TR EXCHANGE TRADED FD CONSUMR STAPLE 33734X119 2,643 56,920 SH   SOLE 1 0 0 56,920
FIRST TR EXCHANGE TRADED FD ENERGY ALPHADX 33734X127 709 45,989 SH   SOLE 1 0 0 45,989
FIRST TR EXCHANGE TRADED FD UTILITIES ALPH 33734X184 680 26,228 SH   SOLE 1 0 0 26,228
FIRST TR EXCHANGE TRADED FD FIRST TR TA HIYL 33738D408 755 15,519 SH   SOLE 1 0 0 15,519
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 753 17,462 SH   SOLE 1 0 0 17,462
ISHARES TR MSCI INDIA ETF 46429B598 4,266 145,065 SH   SOLE 1 0 0 145,065
ISHARES TR USA QUALITY FCTR 46432F339 12,434 184,237 SH   SOLE 1 0 0 184,237
MACYS INC COM 55616P104 534 14,421 SH   SOLE 1 0 0 14,421
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 751 39,400 SH   SOLE 1 0 0 39,400
POWERSHARES ETF TRUST DYNM LRG CP GR 73935X609 2,550 80,507 SH   SOLE 1 0 0 80,507
POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 867 21,349 SH   SOLE 1 0 0 21,349
POWERSHS DB MULTI SECT COMM DB SILVER FUND 73936B309 866 28,679 SH   SOLE 1 0 0 28,679
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 2,113 91,039 SH   SOLE 1 0 0 91,039
POWERSHARES ETF TR II VAR RATE PFD POR 73937B597 752 29,490 SH   SOLE 1 0 0 29,490
POWERSHARES ETF TR II PWRSHS SP500 LOW 73937B654 2,603 66,900 SH   SOLE 1 0 0 66,900
PRUDENTIAL PLC ADR 74435K204 592 16,573 SH   SOLE 1 0 0 16,573
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,341 57,056 SH   SOLE 1 0 0 57,056
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 1,483 45,658 SH   SOLE 1 0 0 45,658
SPDR SERIES TRUST S&P DIVID ETF 78464A763 4,318 51,186 SH   SOLE 1 0 0 51,186
SPDR SERIES TRUST S&P BK ETF 78464A797 5,168 154,835 SH   SOLE 1 0 0 154,835
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 2,646 52,710 SH   SOLE 1 0 0 52,710
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 8,676 181,693 SH   SOLE 1 0 0 181,693
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 666 12,515 SH   SOLE   0 0 12,515
SOLAR CAP LTD COM 83413U100 267 13,012 SH   SOLE 1 0 0 13,012
STARWOOD PPTY TR INC COM 85571B105 225 9,974 SH   SOLE 1 0 0 9,974
VALERO ENERGY CORP NEW COM 91913Y100 482 9,095 SH   SOLE 1 0 0 9,095
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 498 18,855 SH   SOLE   0 0 18,855
VANECK VECTORS ETF TR HIGH YLD MUN ETF 92189F361 1,128 34,962 SH   SOLE 1 0 0 34,962
VANGUARD WORLD FDS INF TECH ETF 92204A702 8,962 74,456 SH   SOLE 1 0 0 74,456
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 724 24,846 SH   SOLE 1 0 0 24,846
WISDOMTREE TR JAPN HEDGE EQT 97717W851 5,237 122,040 SH   SOLE 1 0 0 122,040