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
DELPHAX TECHNOLOGIES COM 24712X106 0 13,000 SH   SOLE   0 0 13,000
GREIF INC CL A 397624107 571 9,750 SH   SOLE   0 0 9,750
INDEXIQ ETF TR HEDGE MLTI ETF 45409B107 245 8,206 SH   SOLE   0 0 8,206
ISHARES TR CORE ST USDB ETF 46432F859 308 6,117 SH   SOLE   0 0 6,117
ISHARES TR CORE MSCITOTAL 46432F834 2,228 36,542 SH   SOLE   0 0 36,542
ISHARES TR CORE S&P500 ETF 464287200 4,236 16,747 SH   SOLE   0 0 16,747
ISHARES TR CORE S&P MCP ETF 464287507 5,577 31,176 SH   SOLE   0 0 31,176
ISHARES TR CORE S&P SCP ETF 464287804 3,795 51,130 SH   SOLE   0 0 51,130
ISHARES TR 0-5YR HI YL CP 46434V407 387 8,087 SH   SOLE   0 0 8,087
ISHARES TR MIN VOL EAFE ETF 46429B689 6,188 87,087 SH   SOLE   0 0 87,087
ISHARES TR NATIONAL MUN ETF 464288414 4,327 39,029 SH   SOLE   0 0 39,029
ISHARES RUS TP200 VL ETF 464289420 313 6,256 SH   SOLE   0 0 6,256
ISHARES TR S&P 500 GRWT ETF 464287309 218 1,522 SH   SOLE   0 0 1,522
ISHARES TR S&P MC 400VL ETF 464287705 361 2,367 SH   SOLE   0 0 2,367
ISHARES TR SP SMCP600VL ETF 464287879 216 1,458 SH   SOLE   0 0 1,458
ISHARES TR EAFE SML CP ETF 464288273 214 3,447 SH   SOLE   0 0 3,447
ISHARES TR TIPS BD ETF 464287176 230 2,029 SH   SOLE   0 0 2,029
LEGG MASON ETF EQUITY TR LOW DIVI ETF 52468L406 699 23,091 SH   SOLE   0 0 23,091
POWERSHARES ETF TR II SOVEREIGN DEBT 73936T573 367 12,318 SH   SOLE   0 0 12,318
POWERSHARES ETF TR II PWRSHS SP500 LOW 73937B654 737 17,974 SH   SOLE   0 0 17,974
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 6,267 136,869 SH   SOLE   0 0 136,869
POWERSHARES ETF TR II S&P400 LOVL PT 73937B647 8,234 187,602 SH   SOLE   0 0 187,602
POWERSHARES ETF TR II S&P600 LOVL PT 73937B639 6,590 143,457 SH   SOLE   0 0 143,457
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 9,637 287,921 SH   SOLE   0 0 287,921
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 226 8,414 SH   SOLE   0 0 8,414
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 786 15,015 SH   SOLE   0 0 15,015
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 17,989 299,611 SH   SOLE   0 0 299,611
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 294 4,454 SH   SOLE   0 0 4,454
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 216 4,159 SH   SOLE   0 0 4,159
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 15,921 317,727 SH   SOLE   0 0 317,727
SCHWAB STRATEGIC TR US REIT ETF 808524847 7,872 191,393 SH   SOLE   0 0 191,393
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 12,049 178,844 SH   SOLE   0 0 178,844
SSGA ACTIVE ETF TR SPDR TR TACTIC 78467V848 1,563 31,725 SH   SOLE   0 0 31,725
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 212 4,437 SH   SOLE   0 0 4,437
SPDR SER TR NUVN BR SHT MUNI 78468R739 3,647 75,045 SH   SOLE   0 0 75,045
VANGUARD BD INDEX FD INC LONG TERM BOND 921937793 288 3,070 SH   SOLE   0 0 3,070
VANGUARD INDEX FDS GROWTH ETF 922908736 211 1,592 SH   SOLE   0 0 1,592
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 214 2,610 SH   SOLE   0 0 2,610
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 3,104 56,855 SH   SOLE   0 0 56,855