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 1,044 18,788 SH   SOLE   0 0 18,788
VANGUARD VALUE ETF ETF 922908744 14,275 153,480 SH   SOLE   0 0 153,480
JPM ALERIAN MLP ETN ETN 46625H365 79 2,515 SH   SOLE   0 0 2,515
ISHARES EMU ETF ETF 464286608 75 2,186 SH   SOLE   0 0 2,186
ISHARES MSCI EMG MKT ETF ETF 464287234 95 2,716 SH   SOLE   0 0 2,716
ISHARES EAFE SML CP ETF ETF 464288273 1,549 31,080 SH   SOLE   0 0 31,080
VANGUARD DIV APP ETF ETF 921908844 5,528 64,908 SH   SOLE   0 0 64,908
WISDOMTREE TR MDCP EARN FUND ETF ETF 97717W570 3,820 37,209 SH   SOLE   0 0 37,209
POWERSHARES FTSE US1500 SM ETF ETF 73935X567 65,480 567,961 SH   SOLE   0 0 567,961
ISHARES CORE SP500 ETF ETF 464287200 7,026 31,228 SH   SOLE   0 0 31,228
XTRAK MSCI EAFE ETF ETF 233051200 90 3,209 SH   SOLE   0 0 3,209
ISHARES INTL SEL DIV ETF ETF 464288448 5 182 SH   SOLE   0 0 182
ISHARES CORE MSCI EMKT ETF ETF 46434G103 2,074 48,876 SH   SOLE   0 0 48,876
FIRST TR NASD TECH DIV ETF ETF 33738R118 84 2,847 SH   SOLE   0 0 2,847
VANGUARD INTL EQUITY INDEX FD ETF ETF 922042676 53,430 1,077,879 SH   SOLE   0 0 10,778,879
SPDR SERIES TR SP OILGAS EXP ETF ETF 78464A730 26 643 SH   SOLE   0 0 643
ISHARES MSCI EAFE ETF ETF 464287465 1,986 34,410 SH   SOLE   0 0 34,410
SPDR SP INTL SMLCP ETF ETF 78463X871 449 15,504 SH   SOLE   0 0 15,504
ISHARES US REGNL BKS ETF ETF 464288778 59 1,320 SH   SOLE   0 0 1,320
ISHARES CORE SP MCP ETF ETF 464287507 2,698 16,323 SH   SOLE   0 0 16,323
ISHARES SP500 VAL ETF ETF 464287408 1,062 10,483 SH   SOLE   0 0 10,483
VANGUARD FTSE EMR MKT ETF ETF 922042858 5 164 SH   SOLE   0 0 164
VANGUARD EXTEND MKT ETF ETF 922908652 14 150 SH   SOLE   0 0 150
SPDR SP 500 ETF TR ETF 78462F103 1,825 8,165 SH   SOLE   0 0 8,165