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
ISHARES DJ SELECT DIVIDEND ETF 464287168 361 4,963 SH   SOLE   0 0 4,963
ISHARES CORE S&P 500 ETF ETF 464287200 16,813 87,247 SH   SOLE   0 0 87,247
ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 7,309 222,972 SH   SOLE   0 0 222,972
ISHARES MSCI EAFE ETF ETF 464287465 6,474 112,944 SH   SOLE   0 0 112,944
ISHARES RUSSELL 1000 ETF ETF 464287622 8,713 81,396 SH   SOLE   0 0 81,396
ISHARES RUSSELL 2000 ETF ETF 464287655 18,121 165,944 SH   SOLE   0 0 165,944
ISHARES FTSE EPRA/NAREIT DEVELOPED REAL ESTATE EX-US INDEX FUND ETF 464288489 7,303 260,715 SH   SOLE   0 0 260,715
SCHWAB U.S. MID-CAP ETF ETF 808524508 7,719 198,328 SH   SOLE   0 0 198,328
SCHWAB U.S. SMALL-CAP ETF ETF 808524607 3,691 72,679 SH   SOLE   0 0 72,679
SCHWAB EMERGING MARKETS EQUITY ETF ETF 808524706 11,207 554,277 SH   SOLE   0 0 554,277
SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 16,533 604,062 SH   SOLE   0 0 604,062
VANGUARD DIVIDEND APPRECIATION INDEX FUND ETF 921908844 3,427 46,480 SH   SOLE   0 0 46,480
VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 52,260 1,466,323 SH   SOLE   0 0 1,466,323
VANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF 921946406 303 4,832 SH   SOLE   0 0 4,832
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX ETF 922042676 6,096 119,600 SH   SOLE   0 0 119,600
VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 11,003 332,514 SH   SOLE   0 0 332,514
VANGUARD REIT INDEX ETF ETF 922908553 16,229 214,841 SH   SOLE   0 0 214,841
VANGUARD MID-CAP INDEX FUND ETF 922908629 28,860 247,365 SH   SOLE   0 0 247,365
VANGUARD SMALL-CAP INDEX FUND ETF 922908751 1,397 12,945 SH   SOLE   0 0 12,945
VANGUARD TOTAL STOCK MARKET INDEX FUND ETF 922908769 1,290 13,063 SH   SOLE   0 0 13,063
IPATH DJ-UBS COMMODITY TOTAL RETURN ETN ETF 06738C778 1,074 43,926 SH   SOLE   0 0 43,926
PIMCO TOTAL RETURN ACTIVE EXCHANGE-TRADED FUND ETF 72201R775 213 2,024 SH   SOLE   0 0 2,024
POWERSHARES QQQ TRUST, SERIES 1 ETF 73935A104 4,566 44,869 SH   SOLE   0 0 44,869
POWERSHARES S&P 500 LOW VOLATILITY PORTFOLIO ETF 73937B779 757 21,052 SH   SOLE   0 0 21,052
SPDR S&P 500 TRUST ETF 78462F103 118,489 618,324 SH   SOLE   0 0 618,324
SPDR GOLD ETF ETF 78463V107 531 4,972 SH   SOLE   0 0 4,972
SPDR DOW JONES GLOBAL REAL ESTATE ETF ETF 78463X749 12,481 276,376 SH   SOLE   0 0 276,376
SPDR DOW JONES INTERNATIONAL REAL ESTATE ETF ETF 78463X863 759 19,302 SH   SOLE   0 0 19,302
SPDR DOW JONES REIT ETF ETF 78464A607 805 9,347 SH   SOLE   0 0 9,347
SPDR DOW JONES INDUSTRIAL AVERAGE ETF ETF 78467X109 898 5,525 SH   SOLE   0 0 5,525