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 2,311 83,342 SH   SOLE   0 0 83,342
ISHARES DJ SELECT DIVIDEND ETF 464287168 499 6,408 SH   SOLE   0 0 6,408
ISHARES MSCI EAFE ETF ETF 464287465 6,880 107,210 SH   SOLE   0 0 107,210
ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 1,184 29,494 SH   SOLE   0 0 29,494
ISHARES NASDAQ BIOTECHNOLOGY ETF 464287556 204 593 SH   SOLE   0 0 593
ISHARES RUSSELL 2000 ETF ETF 464287655 20,170 162,180 SH   SOLE   0 0 162,180
ISHARES S&P 500 INDEX ETF 464287200 16,543 79,598 SH   SOLE   0 0 79,598
ISHARES TR FTSE EPRA/NAREIT GLOBAL REAL ESTATE EX-US ETF 464288489 3,622 116,639 SH   SOLE   0 0 116,639
ISHARES TR RUSSELL 1000 INDEX ETF ETF 464287622 9,527 82,238 SH   SOLE   0 0 82,238
POWERSHARES QQQ TR ETF 73935A104 4,963 388,416 SH   SOLE   0 0 47,002
POWERSHARES SP500 LOW VOLATILITY ETF ETF 73937B779 822 21,672 SH   SOLE   0 0 21,672
SCHWAB EMERGING MARKETS EQUITY ETF ETF 808524706 7,430 305,015 SH   SOLE   0 0 305,015
SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 15,262 504,866 SH   SOLE   0 0 504,866
SCHWAB U.S. MID-CAP ETF ETF 808524508 7,464 172,982 SH   SOLE   0 0 172,982
SCHWAB U.S. SMALL-CAP ETF ETF 808524607 3,431 59,593 SH   SOLE   0 0 59,593
SPDR DJ WILSHIRE INTL REAL EST ETF 78463X863 824 19,015 SH   SOLE   0 0 19,015
SPDR DJ WILSHIRE REIT (ETF) ETF 78464A607 869 9,188 SH   SOLE   0 0 9,188
SPDR DOW JONES GLOBAL REAL ESTATE ETF ETF 78463X749 13,523 272,147 SH   SOLE   0 0 272,147
SPDR DOW JONES INDUSTRIAL ETF ETF 78467X109 1,004 5,653 SH   SOLE   0 0 5,653
SPDR GOLD ETF ETF 78463V107 545 4,799 SH   SOLE   0 0 4,799
SPDR S&P 500 ETF ETF 78462F103 125,737 609,101 SH   SOLE   0 0 609,101
VANGUARD DIVIDEND APPRECIATION ETF ETF 921908844 3,696 45,926 SH   SOLE   0 0 45,926
VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 57,058 1,432,550 SH   SOLE   0 0 1,432,550
VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 21,731 531,718 SH   SOLE   0 0 531,718
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX ETF 922042676 10,288 182,832 SH   SOLE   0 0 182,832
VANGUARD HIGH DIVIDEND YIELD ETF 921946406 325 4,754 SH   SOLE   0 0 4,754
VANGUARD MID CAP ETF 922908629 32,083 241,771 SH   SOLE   0 0 241,771
VANGUARD REIT INDEX ETF ETF 922908553 17,208 204,109 SH   SOLE   0 0 204,109
VANGUARD SHORT TERM CORP BOND FD ETF ETF 92206C409 215 2,685 SH   SOLE   0 0 2,685
VANGUARD SMALL CAP ETF ETF 922908751 1,596 13,023 SH   SOLE   0 0 13,023
VANGUARD TOTAL STK MKT ETF 922908769 1,401 13,063 SH   SOLE   0 0 13,063