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
SPDR KBW REGIONAL BANKING ETF ETF 78464A698 956 25,408 SH   SOLE   0 0 25,408
VANGUARD VALUE ETF ETF 922908744 13,050 158,395 SH   SOLE   0 0 158,395
JPM ALERIAN MLP ETN ETN 46625H365 68 2,515 SH   SOLE   0 0 2,515
ISHARES EMU ETF ETF 464286608 980 28,510 SH   SOLE   0 0 28,510
ISHARES MSCI EMG MKT ETF ETF 464287234 198 5,808 SH   SOLE   0 0 5,808
ISHARES EAFE SML CP ETF ETF 464288273 781 15,687 SH   SOLE   0 0 15,687
VANGUARD DIV APP ETF ETF 921908844 3,014 37,099 SH   SOLE   0 0 37,099
WISDOMTREE TR MDCP EARN FUND ETF ETF 97717W570 1,634 18,138 SH   SOLE   0 0 18,138
POWERSHARES FTSE US1500 SM ETF ETF 73935X567 56,096 594,562 SH   SOLE   0 0 594,562
ISHARES CORE SP500 ETF ETF 464287200 4,637 22,441 SH   SOLE   0 0 22,441
XTRAK MSCI EAFE ETF ETF 233051200 1,370 53,664 SH   SOLE   0 0 53,664
ISHARES INTL SEL DIV ETF ETF 464288448 5 182 SH   SOLE   0 0 182
ISHARES CORE MSCI EMKT ETF ETF 46434G103 1,282 30,804 SH   SOLE   0 0 30,804
FIRST TR NASD TECH DIV ETF ETF 33738R118 77 2,869 SH   SOLE   0 0 2,869
VANGUARD INTL EQUITY INDEX FD ETF ETF 922042676 58,674 1,096,513 SH   SOLE   0 0 1,096,513
SPDR SERIES TR SP OILGAS EXP ETF ETF 78464A730 19 643 SH   SOLE   0 0 643
ISHARES MSCI EAFE ETF ETF 464287465 162 2,837 SH   SOLE   0 0 2,837
SPDR SP INTL SMLCP ETF ETF 78463X871 548 19,211 SH   SOLE   0 0 19,211
ISHARES HDG MSCI EAFE ETF ETF 46434V803 239 10,021 SH   SOLE   0 0 10,021
ISHARES US REGNL BKS ETF ETF 464288778 71 2,254 SH   SOLE   0 0 2,254
ISHARES CORE SP MCP ETF ETF 464287507 2,726 18,908 SH   SOLE   0 0 18,908
ISHARES SP500 VAL ETF ETF 464287408 1,279 14,223 SH   SOLE   0 0 14,223
VANGUARD FTSE EMR MKT ETF ETF 922042858 142 4,119 SH   SOLE   0 0 4,119
VANGUARD EXTEND MKT ETF ETF 922908652 68 822 SH   SOLE   0 0 822
SPDR SP 500 ETF TR ETF 78462F103 2,047 9,963 SH   SOLE   0 0 9,963