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
AETNA INC NEW COM 00817Y108 270 1,470 SH   SOLE   0 0 1,470
ALTRIA GROUP INC COM 02209S103 245 4,320 SH   SOLE   0 0 4,320
APPLE INC COM 037833100 975 5,269 SH   SOLE   0 0 5,269
AT&T INC COM 00206R102 372 11,587 SH   SOLE   0 0 11,587
BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 260 6,763 SH   SOLE   0 0 6,763
FEDERATED INVS INC PA CL B 314211103 71,035 3,046,084 SH   SOLE   0 0 3,046,084
FEDERATED PREM MUN INC FD COM 31423P108 176 13,260 SH   SOLE   0 0 13,260
FORD MTR CO DEL COM PAR $0.01 345370860 132 11,960 SH   SOLE   0 0 11,960
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 341 3,349 SH   SOLE   0 0 3,349
INVESCO EXCHNG TRADED FD TR S&P500 LOW VOL 46138E354 239 5,041 SH   SOLE   0 0 5,041
INVESCO EXCHNG TRADED FD TR FNDMNTL HY CRP 46138E719 245 13,411 SH   SOLE   0 0 13,411
INVESCO EXCHNG TRADED FD TR DWA TACTCL MLT 46138E834 287 11,254 SH   SOLE   0 0 11,254
ISHARES INC CORE MSCI EMKT 46434G103 418 7,967 SH   SOLE   0 0 7,967
ISHARES TR CORE S&P500 ETF 464287200 2,719 9,958 SH   SOLE   0 0 9,958
ISHARES TR CORE US AGGBD ET 464287226 574 5,403 SH   SOLE   0 0 5,403
ISHARES TR MSCI EMG MKT ETF 464287234 295 6,800 SH   SOLE   0 0 6,800
ISHARES TR MSCI EAFE ETF 464287465 821 12,255 SH   SOLE   0 0 12,255
ISHARES TR RUS MID CAP ETF 464287499 9,759 46,005 SH   SOLE   0 0 46,005
ISHARES TR CORE S&P MCP ETF 464287507 397 2,039 SH   SOLE   0 0 2,039
ISHARES TR S&P MC 400GR ETF 464287606 234 1,043 SH   SOLE   0 0 1,043
ISHARES TR RUS 1000 GRW ETF 464287614 5,731 39,856 SH   SOLE   0 0 39,856
ISHARES TR S&P MC 400VL ETF 464287705 219 1,353 SH   SOLE   0 0 1,353
ISHARES TR CORE S&P SCP ETF 464287804 352 4,221 SH   SOLE   0 0 4,221
ISHARES TR CORE MSCI EAFE 46432F842 1,030 16,256 SH   SOLE   0 0 16,256
JOHN HANCOCK EXCHANGE TRADED MLTFCTR LRG CAP 47804J107 643 18,260 SH   SOLE   0 0 18,260
JOHNSON & JOHNSON COM 478160104 231 1,901 SH   SOLE   0 0 1,901
JP MORGAN EXCHANGE TRADED FD DIV RTN INT EQ 46641Q209 1,521 26,412 SH   SOLE   0 0 26,412
MICROSOFT CORP COM 594918104 358 3,630 SH   SOLE   0 0 3,630
PIMCO ETF TR INV GRD CRP BD 72201R817 704 7,022 SH   SOLE   0 0 7,022
PNC FINL SVCS GROUP INC COM 693475105 327 2,421 SH   SOLE   0 0 2,421
SANOFI RIGHT 12/31/2020 80105N113 13 25,000 SH   SOLE   0 0 25,000
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,944 29,907 SH   SOLE   0 0 29,907
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 632 11,509 SH   SOLE   0 0 11,509
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 419 5,700 SH   SOLE   0 0 5,700
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 542 20,916 SH   SOLE   0 0 20,916
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 4,900 148,270 SH   SOLE   0 0 148,270
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 2,939 58,045 SH   SOLE   0 0 58,045
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 634 12,746 SH   SOLE   0 0 12,746
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 213 4,102 SH   SOLE   0 0 4,102
SPDR GOLD TRUST GOLD SHS 78463V107 393 3,315 SH   SOLE   0 0 3,315
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,666 9,828 SH   SOLE   0 0 9,828
SPDR SERIES TRUST BLMBRG BRC CNVRT 78464A359 339 6,396 SH   SOLE   0 0 6,396
SPDR SERIES TRUST S&P 400 MDCP GRW 78464A821 1,254 23,226 SH   SOLE   0 0 23,226
SPDR SERIES TRUST S&P 400 MDCP VAL 78464A839 2,095 40,272 SH   SOLE   0 0 40,272
VANGUARD BD INDEX FD INC INTERMED TERM 921937819 290 3,580 SH   SOLE   0 0 3,580
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 816 10,433 SH   SOLE   0 0 10,433
VANGUARD GROUP DIV APP ETF 921908844 340 3,348 SH   SOLE   0 0 3,348
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 2,274 9,113 SH   SOLE   0 0 9,113
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 330 4,049 SH   SOLE   0 0 4,049
VANGUARD INDEX FDS MID CAP ETF 922908629 14,436 91,574 SH   SOLE   0 0 91,574
VANGUARD INDEX FDS SMALL CP ETF 922908751 700 4,496 SH   SOLE   0 0 4,496
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 11,034 257,206 SH   SOLE   0 0 257,206
VERIZON COMMUNICATIONS INC COM 92343V104 441 8,773 SH   SOLE   0 0 8,773