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
DBX ETF TR XTRAK MSCI EAFE 233051200 11,235 430,783 SH   SOLE   47,807 0 382,976
ISHARES EAFE SML CP ETF 464288273 7,348 153,821 SH   SOLE   12,088 0 141,733
ISHARES CUR HDG MS EMU 46434V639 310 12,503 SH   SOLE   157 0 12,346
ISHARES U.S. REAL ES ETF 464287739 1,236 17,421 SH   SOLE   6,302 0 11,119
ISHARES TR IBOXX INV CP ETF 464287242 5,774 49,734 SH   SOLE   6,957 0 42,777
ISHARES IBOXX HI YD ETF 464288513 1,299 15,596 SH   SOLE   5,383 0 10,213
ISHARES TR AEFE GRWTH ETF 464288885 3,515 55,096 SH   SOLE   4,360 0 50,736
ISHARES AEFE VALUE ETF 464288877 203 4,390 SH   SOLE   0 0 4,390
ISHARES TR RUS 2000 GRW ETF 464287648 4,444 33,171 SH   SOLE   2,224 0 30,947
ISHARES TR RUS 1000 GRW ETF 464287614 14,353 154,331 SH   SOLE   19,480 0 134,851
ISHARES TR RUS 1000 VAL ETF 464287598 5,650 60,567 SH   SOLE   7,864 0 52,703
ISHARES TR S&P 100 ETF 464287101 3,181 37,520 SH   SOLE   3,262 0 34,258
ISHARES MODERT ALLOC ETF 464289875 543 16,030 SH   SOLE   0 0 16,030
ISHARES U.S. PFD STK ETF 464288687 1,442 37,346 SH   SOLE   12,641 0 24,705
MARKET VECTORS ETF HG YLD MUN ETF 57060U878 378 12,370 SH   SOLE   0 0 12,370
RYDEX ETF TRUST GUG RUSS TOP 50 78355W205 311 2,343 SH   SOLE   31 0 2,312
SPDR INDEX SHS FDS DJ WILS DJ GLB RL ES ETF 78463X749 3,216 71,225 SH   SOLE   6,175 0 65,050
SPDR INDEX SHS FDS DJWS DJ INTL RL ETF 78463X863 1,400 35,599 SH   SOLE   11,988 0 23,611
SPDR SER TR SHT TRM HGH YLD 78468R408 9,086 337,284 SH   SOLE   54,136 0 283,148
SPDR SERIES TRUST BRC CNV SECS ETF 78464A359 6,198 138,595 SH   SOLE   27,522 0 111,073
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 11,396 142,962 SH   SOLE   26,215 0 116,747