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
CLAYMORE EXCHANGE TRD FD TR GUGG TIMBER ETF 18383Q879 2,817 115,648 SH   SOLE   115,648 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 105 1,350 SH   SOLE   1,350 0 0
FLEXSHARES TR IBOXX 3R TARGT 33939L506 29,053 1,196,098 SH   SOLE   1,196,098 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 14,345 463,194 SH   SOLE   463,194 0 0
ISHARES FLTG RATE BD ETF 46429B655 1,254 24,813 SH   SOLE   24,813 0 0
ISHARES TR BARCLY USAGG B 464287226 14,595 132,569 SH   SOLE   132,569 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 1,515 17,937 SH   SOLE   17,937 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 7,902 64,684 SH   SOLE   64,684 0 0
ISHARES TR COHEN&ST RLTY 464287564 3,759 38,178 SH   SOLE   38,178 0 0
ISHARES TR HIGH YLD CORP 464288513 10,525 117,153 SH   SOLE   117,153 0 0
ISHARES TR IBOXX INV CPBD 464287242 13,621 114,144 SH   SOLE   114,144 0 0
ISHARES TR MSCI EAFE INDEX 464287465 11,835 193,324 SH   SOLE   193,324 0 0
ISHARES TR MSCI EMERG MKT 464287234 586 14,927 SH   SOLE   14,927 0 0
ISHARES TR S&P 500 INDEX 464287200 15,401 73,688 SH   SOLE   73,688 0 0
ISHARES TR S&P 500 VALUE 464287408 35,469 374,344 SH   SOLE   374,344 0 0
ISHARES TR S&P MIDCAP 400 464287507 26,050 178,035 SH   SOLE   178,035 0 0
ISHARES TR S&P SMLCAP 600 464287804 28,021 244,151 SH   SOLE   244,151 0 0
ISHARES TR S&P500 GRW 464287309 30,824 273,360 SH   SOLE   273,360 0 0
ISHARES TR SP SMCP600GR ETF 464287887 4,155 33,702 SH   SOLE   33,702 0 0
ISHARES TR SP SMCP600VL ETF 464287879 4,123 34,789 SH   SOLE   34,789 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 747 7,388 SH   SOLE   7,388 0 0
PIMCO ETF TR 1-5 US TIP IDX 72201R205 1,314 25,455 SH   SOLE   25,455 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 569 5,630 SH   SOLE   5,630 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 4,660 194,735 SH   SOLE   194,735 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 11,429 109,553 SH   SOLE   109,553 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 45 1,800 SH   SOLE   1,800 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 104 2,119 SH   SOLE   2,119 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 110 953 SH   SOLE   953 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 10,308 246,074 SH   SOLE   246,074 0 0
SPDR SERIES TRUST BARC CAPTL ETF 78464A474 8,468 277,104 SH   SOLE   277,104 0 0
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 5,297 136,597 SH   SOLE   136,597 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 12,215 132,227 SH   SOLE   132,227 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 1,959 36,870 SH   SOLE   36,870 0 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 9,192 101,774 SH   SOLE   101,774 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 8,061 64,676 SH   SOLE   64,676 0 0
VANGUARD INDEX FDS REIT ETF 922908553 7,976 96,812 SH   SOLE   96,812 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 5,520 46,954 SH   SOLE   46,954 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 36,765 781,072 SH   SOLE   781,072 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 5,889 61,710 SH   SOLE   61,710 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 11,839 295,831 SH   SOLE   295,831 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,057 80,223 SH   SOLE   80,223 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 113 1,080 SH   SOLE   1,080 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 8,297 199,677 SH   SOLE   199,677 0 0
WISDOMTREE TR EMG MKTS SMCAP 97717W281 2,167 50,241 SH   SOLE   50,241 0 0