13F-HR 1 vm063011.txt VALMARK ADVISERS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: ValMark Advisers, Inc. Address: 130 Springside Drive Suite 300 Akron, Ohio 44333 13F File Number: 028-12433 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Michael McClary Title: VP, CIO, ValMark Advisers,Inc. Phone: 800-765-5201 Signature, Place, and Date of Signing: Michael McClary Akron, OH July 29, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 36 Form 13F Information Table Value Total: $551,218 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 028- None FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CLAYMORE ETF TRUST 2 BEACON GLB TIMBR 18383Q879 10458 495626 SH SOLE 0 FIRST TR BICK INDEX FD COM SHS 33733H107 411 12896 SH SOLE 0 FIRST TR ISE CHINDIA INDEX F COM 33733A102 9730 385662 SH SOLE 0 INTERNATIONAL BUSINESS MACHS COM 459200101 268 1564 SH SOLE 0 ISHARES TR DJ SEL DIV INX 464287168 254 4808 SH SOLE 0 ISHARES TR BARCLYS TIPS BD 464287176 58520 528920 SH SOLE 0 ISHARES TR IBOXX INV CPBD 464287242 37643 341807 SH SOLE 0 ISHARES TR S&P500 GRW 464287309 56616 814847 SH SOLE 0 ISHARES TR S&P 500 VALUE 464287408 54803 883925 SH SOLE 0 ISHARES TR BARCLYS 7-10 YR 464287440 17768 185357 SH SOLE 0 ISHARES TR BARCLYS 1-3 YR 464287457 1735 20582 SH SOLE 0 ISHARES TR S&P MIDCAP 400 464287507 53428 546856 SH SOLE 0 ISHARES TR S&P SMLCAP 600 464287804 43355 591311 SH SOLE 0 ISHARES TR S&P NTL AMTFREE 464288414 874 8446 SH SOLE 0 ISHARES TR HIGH YLD CORP 464288513 28024 306910 SH SOLE 0 ISHARES TR US PFD STK IDX 464288687 13961 352022 SH SOLE 0 PROCTER & GAMBLE CO COM 742718109 255 4013 SH SOLE 0 SHERWIN WILLIAMS CO COM 824348106 1363 16255 SH SOLE 0 SPDR GOLD TRUST GOLD SHS 78463V107 217 1483 SH SOLE 0 SPDR INDEX SHS FDS GLB NAT RESRCE 78463X541 24723 413940 SH SOLE 0 SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 15242 377456 SH SOLE 0 SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 603 24886 SH SOLE 0 SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 1408 62175 SH SOLE 0 SPDR SERIES TRUST BARC CAPTL ETF 78464A474 580 18978 SH SOLE 0 SPDR SERIES TRUST DB INT GVT ETF 78464A490 14426 232974 SH SOLE 0 SPDR SERIES TRUST DJ REIT ETF 78464A607 13032 195681 SH SOLE 0 UNITEDHEALTH GROUP INC COM 91324P102 267 5174 SH SOLE 0 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 10994 107023 SH SOLE 0 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 63040 1265619 SH SOLE 0 VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 12574 258620 SH SOLE 0 VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 224 3997 SH SOLE 0 VANGUARD TAX-MANAGED FD EUROPE PAC ETF 921943858 2613 68612 SH SOLE 0 VANGUARD WORLD FDS ENERGY ETF 92204A306 467 4225 SH SOLE 0 VANGUARD WORLD FDS MATERIALS ETF 92204A801 356 4138 SH SOLE 0 WESBANCO INC COM 950810101 286 14540 SH SOLE 0 WISDOMTREE TR EM LCL DEBT FD 97717X867 700 13070 SH SOLE 0