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
IPATH DJ-UBS COMMODITY TOTAL RETURN ETN ETF 06738C778 1,989 53,379 SH   SOLE   0 0 53,379
IPATH DJ-UBS AGRICULTURE TR SUB-IDX ETN ETF 06739H206 1,415 28,746 SH   SOLE   0 0 28,746
ISHARES DJ SELECT DIVIDEND ETF ETF 464287168 407 6,141 SH   SOLE   0 0 6,141
ISHARES S&P 500 INDEX ETF ETF 464287200 10,587 62,684 SH   SOLE   0 0 62,684
ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 833 20,441 SH   SOLE   0 0 20,441
ISHARES MSCI EAFE ETF ETF 464287465 6,450 101,092 SH   SOLE   0 0 101,092
ISHARES TR RUSSELL 1000 INDEX ETF ETF 464287622 8,020 85,170 SH   SOLE   0 0 85,170
ISHARES RUSSELL 2000 ETF ETF 464287655 16,695 156,595 SH   SOLE   0 0 156,595
ISHARES TR FTSE EPRA/NAREIT GLOBAL REAL ESTATE EX-US ETF 464288489 3,633 108,381 SH   SOLE   0 0 108,381
SCHWAB US MID-CAP ETF ETF 808524508 1,242 35,884 SH   SOLE   0 0 35,884
SCHWAB ETFS- US SMALL-CAP ETF ETF 808524607 586 12,157 SH   SOLE   0 0 12,157
SCHWAB EMERGING MARKET EQ ETF ETF 808524706 243 9,864 SH   SOLE   0 0 9,864
SCHWAB STRATEGIC TR INTL EQTY ETF ETF 808524805 2,065 67,957 SH   SOLE   0 0 67,957
VANGUARD DIVIDEND APPRECIATION ETF ETF 921908844 2,170 31,166 SH   SOLE   0 0 31,166
VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 51,099 1,291,030 SH   SOLE   0 0 1,291,030
VANGUARD HIGH DIVIDEND YIELD ETF 921946406 271 4,708 SH   SOLE   0 0 4,708
VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 16,573 412,930 SH   SOLE   0 0 412,930
VANGUARD REIT INDEX ETF 922908553 13,919 210,449 SH   SOLE   0 0 210,449
VANGUARD MID CAP ETF 922908629 25,120 245,121 SH   SOLE   0 0 245,121
VANGUARD SMALL CAP ETF ETF 922908751 1,299 12,677 SH   SOLE   0 0 12,677
VANGUARD TOTAL STK MKT ETF 922908769 290 3,308 SH   SOLE   0 0 3,308
POWERSHARES QQQ TR ETF 73935A104 1,582 20,058 SH   SOLE   0 0 20,058
SPDR S&P 500 ETF ETF 78462F103 100,816 600,061 SH   SOLE   0 0 600,061
SPDR GOLD ETF ETF 78463V107 1,537 11,993 SH   SOLE   0 0 11,993
SPDR DJ WILSHIRE INTL REAL EST ETF 78463X863 754 17,889 SH   SOLE   0 0 17,889
SPDR INDEX SHS FDS S&P INTL SMALL CAP ETF ETF 78463X871 1,099 33,605 SH   SOLE   0 0 33,605
SPDR DJ WILSHIRE REIT (ETF) ETF 78464A607 625 8,571 SH   SOLE   0 0 8,571
SPDR DOW JONES INDUSTRIAL ETF ETF 78467X109 1,154 7,644 SH   SOLE   0 0 7,644