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
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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
DBX ETF TR XTRAK MSCI EAFE 233051200 11,892 440,469 SH   SOLE   61,219 0 379,250
ISHARES EAFE SML CP ETF 464288273 11,470 245,563 SH   SOLE   34,444 0 211,119
ISHARES TR IBOXX INV CP ETF 464287242 19,108 160,014 SH   SOLE   27,936 0 132,078
ISHARES TR NA NAT RES 464287374 454 11,846 SH   SOLE   970 0 10,876
ISHARES IBOXX HI YD ETF 464288513 2,143 23,912 SH   SOLE   5,676 0 18,236
ISHARES AEFE VALUE ETF 464288877 224 4,390 SH   SOLE   0 0 4,390
ISHARES TR RUS 2000 GRW ETF 464287648 7,376 51,807 SH   SOLE   6,805 0 45,002
ISHARES TR RUS 1000 GRW ETF 464287614 22,060 229,732 SH   SOLE   34,191 0 195,541
ISHARES TR RUS 1000 VAL ETF 464287598 25,721 246,375 SH   SOLE   41,106 0 205,269
ISHARES TR S&P 100 ETF 464287101 5,593 61,499 SH   SOLE   9,003 0 52,496
ISHARES MODERT ALLOC ETF 464289875 759 21,580 SH   SOLE   0 0 21,580
ISHARES U.S. PFD STK ETF 464288687 2,245 56,932 SH   SOLE   13,508 0 43,424
MARKET VECTORS ETF TR HG YLD MUN ETF 57060U878 468 15,180 SH   SOLE   0 0 15,180
MORGAN STANLEY CUSHNG MLP ETN 61760E846 156 11,480 SH   SOLE   0 0 11,480
RXDEX ETF TRUST GUG RUSS TOP 50 78355W205 419 2,954 SH   SOLE   256 0 2,698
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 2,427 58,384 SH   SOLE   12,886 0 45,498
SPDR SER TR SHT TRM HGH YLD 78468R408 14,918 516,015 SH   SOLE   89,433 0 426,582
SPDR SERIES TRUST BRC CNV SECS ETF 78464A359 17,510 373,441 SH   SOLE   66,145 0 307,296
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 12,512 157,132 SH   SOLE   30,656 0 126,476