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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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
ISHARES DJ SELECT DIVIDEND ETF 464287168 376 5,008 SH   SOLE   0 0 5,008
ISHARES S&P 500 INDEX ETF 464287200 18,204 88,859 SH   SOLE   0 0 88,859
ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 7,564 234,973 SH   SOLE   0 0 234,973
ISHARES MSCI EAFE ETF ETF 464287465 6,982 118,900 SH   SOLE   0 0 118,900
ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ETF 464287556 201 593 SH   SOLE   0 0 593
ISHARES TR RUSSELL 1000 INDEX ETF ETF 464287622 9,206 81,246 SH   SOLE   0 0 81,246
ISHARES RUSSELL 2000 ETF ETF 464287655 18,766 166,628 SH   SOLE   0 0 166,628
ISHARES FTSE EPRA/NAREIT DEVELOPED REAL ESTATE EX-US INDEX FUND ETF 464288489 7,440 266,801 SH   SOLE   0 0 266,801
SCHWAB U.S. MID-CAP ETF ETF 808524508 8,771 218,893 SH   SOLE   0 0 218,893
SCHWAB U.S. SMALL-CAP ETF ETF 808524607 4,248 81,564 SH   SOLE   0 0 81,564
SCHWAB EMERGING MARKETS EQUITY ETF ETF 808524706 12,046 617,442 SH   SOLE   0 0 617,442
SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 18,494 671,058 SH   SOLE   0 0 671,058
SCHWAB U.S. REIT ETF ETF 808524847 211 5,315 SH   SOLE   0 0 5,315
VANGUARD DIVIDEND APPRECIATION INDEX FUND ETF 921908844 3,424 44,034 SH   SOLE   0 0 44,034
VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 54,306 1,478,913 SH   SOLE   0 0 1,478,913
VANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF 921946406 325 4,874 SH   SOLE   0 0 4,874
VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX ETF 922042676 6,395 125,141 SH   SOLE   0 0 125,141
VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 11,661 356,485 SH   SOLE   0 0 356,485
VANGUARD REIT INDEX ETF ETF 922908553 17,544 220,037 SH   SOLE   0 0 220,037
VANGUARD MID-CAP INDEX FUND ETF 922908629 29,650 246,855 SH   SOLE   0 0 246,855
VANGUARD SMALL CAP ETF ETF 922908751 1,453 13,135 SH   SOLE   0 0 13,135
VANGUARD TOTAL STK MKT ETF 922908769 1,359 13,033 SH   SOLE   0 0 13,033
PIMCO TOTAL RETURN ACTIVE EXCHANGE-TRADED FUND ETF 72201R775 230 2,209 SH   SOLE   0 0 2,209
POWERSHARES QQQ TR ETF 73935A104 5,003 44,725 SH   SOLE   0 0 44,725
POWERSHARES S&P 500 LOW VOLATILITY PORTFOLIO ETF 73937B779 809 20,974 SH   SOLE   0 0 20,974
SPDR S&P 500 TRUST ETF 78462F103 126,423 620,116 SH   SOLE   0 0 620,116
SPDR GOLD ETF ETF 78463V107 504 4,972 SH   SOLE   0 0 4,972
SPDR DOW JONES GLOBAL REAL ESTATE ETF ETF 78463X749 13,341 285,056 SH   SOLE   0 0 285,056
SPDR DOW JONES INTERNATIONAL REAL ESTATE ETF ETF 78463X863 765 19,554 SH   SOLE   0 0 19,554
SPDR DJ WILSHIRE REIT (ETF) ETF 78464A607 865 9,442 SH   SOLE   0 0 9,442
SPDR DOW JONES INDUSTRIAL ETF ETF 78467X109 951 5,467 SH   SOLE   0 0 5,467