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
ACTAVIS PLC SHS G0083B108 252 1,500 SH   OTR 1 0 1,500 0
AIRGAS INC COM 009363102 56 500 SH   OTR 1 0 500 0
ALLEGION PLC ORD SHS G0176J109 4 100 SH   OTR 1 0 100 0
ALPS EQ HIGH VOLATILITY PU US EQTHIVOLPT WR 00162Q734 3,808 149,499 SH   SOLE   149,499 0 0
ALTRIA GROUP INC COM 02209S103 8 200 SH   OTR 1 0 200 0
AMERICAN EXPRESS CO COM 025816109 200 2,200 SH   OTR 1 0 2,200 0
AMERICAN TOWER CORPORATION COM 03027X100 15,465 193,752 SH   SOLE   193,752 0 0
AMERISOURCEBERGEN CORP COM 03073E105 246 3,500 SH   OTR 1 0 3,500 0
APARTMENT INVT & MGMT CO -A CL A 03748R101 187 7,200 SH   OTR 1 0 7,200 0
AUTOMATIC DATA PROCESSING COM 053015103 250 3,100 SH   OTR 1 0 3,100 0
BARD (C.R.) INC COM 067383109 228 1,700 SH   OTR 1 0 1,700 0
BECTON DICKINSON & CO COM 075887109 243 2,200 SH   OTR 1 0 2,200 0
CA INC COM 12673P105 249 7,400 SH   OTR 1 0 7,400 0
CAMPBELL SOUP CO COM 134429109 160 3,700 SH   OTR 1 0 3,700 0
CARDINAL HEALTH INC COM 14149Y108 241 3,600 SH   OTR 1 0 3,600 0
CAREFUSION CORP COM 14170T101 4 100 SH   OTR 1 0 100 0
CHEVRON CORP COM 166764100 187 1,500 SH   OTR 1 0 1,500 0
CHUBB CORP COM 171232101 242 2,500 SH   OTR 1 0 2,500 0
CIGNA CORP COM 125509109 70 800 SH   OTR 1 0 800 0
CLOROX COMPANY COM 189054109 241 2,600 SH   OTR 1 0 2,600 0
COLGATE-PALMOLIVE CO COM 194162103 241 3,700 SH   OTR 1 0 3,700 0
CONAGRA FOODS INC COM 205887102 212 6,300 SH   OTR 1 0 6,300 0
CONSOLIDATED EDISON INC COM 209115104 210 3,800 SH   OTR 1 0 3,800 0
CONSUMER DISCRETIONARY SELT SBI CONS DISCR 81369Y407 5,508 82,413 SH   SOLE   32,642 0 49,771
CROWN CASTLE INTL CORP COM 228227104 213 2,900 SH   OTR 1 0 2,900 0
DENTSPLY INTERNATIONAL INC COM 249030107 82 1,700 SH   OTR 1 0 1,700 0
DOLLAR GENERAL CORP COM 256677105 235 3,900 SH   OTR 1 0 3,900 0
DOLLAR TREE INC COM 256746108 28 500 SH   OTR 1 0 500 0
DOMINION RESOURCES INC/VA COM 25746U109 233 3,600 SH   OTR 1 0 3,600 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 107 2,200 SH   OTR 1 0 2,200 0
DTE ENERGY COMPANY COM 233331107 206 3,100 SH   OTR 1 0 3,100 0
DUN & BRADSTREET CORP COM 26483E100 258 2,100 SH   OTR 1 0 2,100 0
DYNEGY INC COM 26817R108 17,634 819,416 SH   SOLE   819,416 0 0
EGSHARES LOW VOL EM MKTS ETF LOW VOL EM DIV 268461654 602 34,493 SH   SOLE   34,493 0 0
ELI LILLY & CO COM 532457108 209 4,100 SH   OTR 1 0 4,100 0
EMC CORP/MASS COM 268648102 23 900 SH   OTR 1 0 900 0
ENERGY SELECT SECTOR SPDR SBI INT-ENERGY 81369Y506 7,698 86,977 SH   SOLE   34,314 0 52,663
EXXON MOBIL CORP COM 30231G102 253 2,500 SH   OTR 1 0 2,500 0
FAMILY DOLLAR STORES COM 307000109 208 3,200 SH   OTR 1 0 3,200 0
FIDELITY NATIONAL INFORMATIO COM 31620M106 48 900 SH   OTR 1 0 900 0
FINANCIAL SELECT SECTOR SPDR SBI INT-FINL 81369Y605 6,386 292,145 SH   SOLE   115,207 0 176,938
FIRST TRUST NASDAQ GLOBAL AU AUTO INDEX FD 33734X309 2,323 58,500 SH   SOLE   58,500 0 0
FIRST TRUST US IPO INDEX FUN SHS 336920103 6,900 152,006 SH   SOLE   30,568 0 121,438
FOREST LABORATORIES INC COM 345838106 210 3,500 SH   OTR 1 0 3,500 0
GENERAL MILLS INC COM 370334104 220 4,400 SH   OTR 1 0 4,400 0
GOOGLE INC-CL A CL A 38259P508 224 200 SH   OTR 1 0 200 0
GUGGENHEIM CHINA SMALL CAP E GUGG CHN SML CAP 18383Q853 3,998 150,317 SH   SOLE   150,317 0 0
GUGGENHEIM SPIN-OFF ETF GUGG SPINOFF ETF 18383M605 13,351 296,617 SH   SOLE   176,141 0 120,476
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 4,665 84,147 SH   SOLE   33,559 0 50,588
HERSHEY CO/THE COM 427866108 233 2,400 SH   OTR 1 0 2,400 0
HORMEL FOODS CORP COM 440452100 239 5,300 SH   OTR 1 0 5,300 0
INDUSTRIAL SELECT SECT SPDR SBI INT-INDS 81369Y704 1,425 27,263 SH   SOLE   10,962 0 16,301
INTERCONTINENTALEXCHANGE GROUP COM 45866F104 247 1,100 SH   OTR 1 0 1,100 0
INTUIT INC COM 461202103 92 1,200 SH   OTR 1 0 1,200 0
ISHARES 20+ YEAR TREASURY BOND ETF 20+ YR TR BD ETF 464287432 9,295 91,250 SH   SOLE   91,250 0 0
ISHARES 7-10 YEAR TREASURY BOND ETF 7-10 Y TR BD ETF 464287440 12,402 124,971 SH   SOLE   124,971 0 0
ISHARES CORE TOTAL US BOND MARKET ETF CORE TOTUSBD ETF 464287226 25,110 235,933 SH   SOLE   235,933 0 0
ISHARES IBOXX $ INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 3,146 27,555 SH   SOLE   27,555 0 0
ISHARES IBOXX H/Y CORP BOND IBOXX HI YD ETF 464288513 9,217 99,238 SH   SOLE   99,238 0 0
ISHARES INTERMEDIATE CREDIT BOND ETF INTERM CR BD ETF 464288638 10,297 95,445 SH   SOLE   0 0 95,445
ISHARES MSCI CHINA ETF CHINA ETF 46429B671 1,351 28,018 SH   SOLE   28,018 0 0
ISHARES MSCI EAFE ETF MSCI EAFE ETF 464287465 9,075 135,250 SH   SOLE   135,250 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 1,328 39,365 SH   SOLE   39,365 0 0
ISHARES MSCI MALAYSIA MSCI MALAYSI ETF 464286830 295 18,675 SH   SOLE   18,675 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 273 8,654 SH   SOLE   8,654 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 2,516 84,779 SH   SOLE   84,779 0 0
ISHARES MSCI THAILAND CAPPED ETF MSCI THI CAP ETF 464286624 656 9,552 SH   SOLE   9,552 0 0
ISHARES RUSSELL 1000 ETF RUS 1000 ETF 464287622 6,442 62,436 SH   SOLE   62,436 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 1,972 17,092 SH   SOLE   17,092 0 0
ISHARES RUSSELL 3000 ETF RUSSELL 3000 ETF 464287689 6,444 58,235 SH   SOLE   58,235 0 0
ISHARES RUSSELL MIDCAP INDEX RUS MID-CAP ETF 464287499 2,553 17,024 SH   SOLE   0 0 17,024
ISHARES US HOME CONSTRUCTION US HOME CONS ETF 464288752 15,190 612,010 SH   SOLE   228,099 0 383,911
ISHARES USTECHNOLOGY ETF U.S. TECH ETF 464287721 11,732 132,657 SH   SOLE   52,396 0 80,261
JM SMUCKER CO/THE-NEW COMMON COM NEW 832696405 207 2,000 SH   OTR 1 0 2,000 0
JOHNSON & JOHNSON COM 478160104 229 2,500 SH   OTR 1 0 2,500 0
KELLOGG CO COM 487836108 232 3,800 SH   OTR 1 0 3,800 0
KOHLS CORP COM 500255104 125 2,200 SH   OTR 1 0 2,200 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 210 2,300 SH   OTR 1 0 2,300 0
LINEAR TECHNOLOGY CORP COM 535678106 82 1,800 SH   OTR 1 0 1,800 0
M & T BANK CORP COM 55261F104 233 2,000 SH   OTR 1 0 2,000 0
MACY'S INC COM 55616P104 246 4,600 SH   OTR 1 0 4,600 0
MARKET VECTORS AFRICA INDEX AFRICA ETF 57060U787 827 26,762 SH   SOLE   26,762 0 0
MARKET VECTORS TREASURY-HEDG HI YLD TREA BD 57061R775 478 18,860 SH   SOLE   18,860 0 0
MARKET VECTORS VIETNAM ETF VIETNAM ETF 57060U761 2,567 136,603 SH   SOLE   136,603 0 0
MARSH & MCLENNAN COS COM 571748102 242 5,000 SH   OTR 1 0 5,000 0
MCCORMICK & CO-NON VTG SHRS COM NON VTG 579780206 214 3,100 SH   OTR 1 0 3,100 0
MCDONALD'S CORP COM 580135101 243 2,500 SH   OTR 1 0 2,500 0
MCKESSON CORP COM 58155Q103 242 1,500 SH   OTR 1 0 1,500 0
MERCK & CO. INC. COM 58933Y105 50 1,000 SH   OTR 1 0 1,000 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 14 200 SH   OTR 1 0 200 0
MYLAN INC COM 628530107 217 5,000 SH   OTR 1 0 5,000 0
NETAPP INC COM 64110D104 243 5,900 SH   OTR 1 0 5,900 0
NEWS CORP-NEW CL A CL A 65249B109 9 500 SH   OTR 1 0 500 0
NORDSTROM INC COM 655664100 229 3,700 SH   OTR 1 0 3,700 0
NVIDIA CORP COM 67066G104 46 2,900 SH   OTR 1 0 2,900 0
OCCIDENTAL PETROLEUM CORP COM 674599105 29 300 SH   OTR 1 0 300 0
O'REILLY AUTOMOTIVE INC COM 67103H107 180 1,400 SH   OTR 1 0 1,400 0
PATTERSON COS INC COM 703395103 227 5,500 SH   OTR 1 0 5,500 0
PAYCHEX INC COM 704326107 255 5,600 SH   OTR 1 0 5,600 0
PEOPLE'S UNITED FINANCIAL COM 712704105 248 16,400 SH   OTR 1 0 16,400 0
PEPCO HOLDINGS INC COM 713291102 29 1,500 SH   OTR 1 0 1,500 0
PHILIP MORRIS INTERNATIONAL COM 718172109 96 1,100 SH   OTR 1 0 1,100 0
PIMCO ENHANCED SHORT MATURIT ENHAN SHRT MAT 72201R833 25,448 251,165 SH   SOLE   251,165 0 0
PINNACLE WEST CAPITAL COM 723484101 127 2,400 SH   OTR 1 0 2,400 0
POWERSHARES KBW BANK KBW BK PORT 73937B746 6,731 189,502 SH   SOLE   189,502 0 0
POWERSHARES S&P 500 BUYWRITE S&P 500 BUYWRT 73936G308 6,007 289,501 SH   SOLE   289,501 0 0
POWERSHARES S&P 500 LOW VOLA S&P500 LOW VOL 73937B779 23 700 SH   OTR 1 0 700 0
POWERSHARES S&P SC INFO TECH S&P SMCP IT PO 73937B860 5,474 122,919 SH   SOLE   60,971 0 61,948
POWERSHARES SENIOR LOAN SENIOR LN PORT 73936Q769 3,933 158,098 SH   SOLE   158,098 0 0
PRAXAIR INC COM 74005P104 208 1,600 SH   OTR 1 0 1,600 0
PROGRESSIVE CORP COM 743315103 52 1,900 SH   OTR 1 0 1,900 0
PROSHARES LARGE CAP CORE PLU PSHS LC COR PLUS 74347R248 5,511 62,687 SH   SOLE   62,687 0 0
PROSHARES ULTRASHORT EURO ULTRASHRT EURO 74347W882 4,285 251,157 SH   SOLE   251,157 0 0
PROSHARES ULTRASHORT YEN ULTRASHORT YEN N 74347W569 2,141 30,187 SH   SOLE   30,187 0 0
PUBLIC SERVICE ENTERPRISE GP COM 744573106 176 5,500 SH   OTR 1 0 5,500 0
QUALCOMM INC COM 747525103 126 1,700 SH   OTR 1 0 1,700 0
QUEST DIAGNOSTICS COM 74834L100 134 2,500 SH   OTR 1 0 2,500 0
REYNOLDS AMERICAN INC COM 761713106 185 3,700 SH   OTR 1 0 3,700 0
SCANA CORP COM 80589M102 197 4,200 SH   OTR 1 0 4,200 0
SIGMA-ALDRICH COM 826552101 254 2,700 SH   OTR 1 0 2,700 0
SIMON PROPERTY GROUP INC COM 828806109 46 300 SH   OTR 1 0 300 0
SOUTHERN CO COM 842587107 197 4,800 SH   OTR 1 0 4,800 0
SOUTHWESTERN ENERGY CO COM 845467109 244 6,200 SH   OTR 1 0 6,200 0
SPDR BARCLAYS HIGH YIELD BOND ETF BRC HGH YLD BD 78464A417 6,292 155,133 SH   SOLE   155,133 0 0
SPDR BARCLAYS SHORT-TERM HIG SHT TRM HGH YLD 78468R408 3,952 128,095 SH   SOLE   128,095 0 0
SPDR KBW REGIONAL BANKING ET S&P REGL BKG 78464A698 13,960 343,767 SH   SOLE   100,922 0 242,845
SPDR S&P 500 ETF TRUST TR UNIT 78462F103 0 0 SH   SOLE   0 0 0
SPDR S&P EMERGING EUROPE ETF EUROPE ETF 78463X608 449 11,149 SH   SOLE   11,149 0 0
SPECTRA ENERGY CORP COM 847560109 228 6,400 SH   OTR 1 0 6,400 0
STERICYCLE INC COM 858912108 232 2,000 SH   OTR 1 0 2,000 0
STRYKER CORP COM 863667101 120 1,600 SH   OTR 1 0 1,600 0
SYMANTEC CORP COM 871503108 120 5,100 SH   OTR 1 0 5,100 0
SYSCO CORP COM 871829107 231 6,400 SH   OTR 1 0 6,400 0
TARGET CORP COM 87612E106 228 3,600 SH   OTR 1 0 3,600 0
TECO ENERGY INC COM 872375100 203 11,800 SH   OTR 1 0 11,800 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 134 7,584 SH   SOLE   7,584 0 0
TORCHMARK CORP COM 891027104 180 2,300 SH   OTR 1 0 2,300 0
TRAVELERS COS INC/THE COM 89417E109 118 1,300 SH   OTR 1 0 1,300 0
US BANCORP COM NEW 902973304 178 4,400 SH   OTR 1 0 4,400 0
VANGUARD INFO TECH ETF INF TECH ETF 92204A702 14,591 162,959 SH   SOLE   90,406 0 72,553
VANGUARD MSCI EMERGING MARKETS FTSE EMR MKT ETF 922042858 1,022 24,840 SH   SOLE   24,840 0 0
VANGUARD REIT INDEX FUND ETF REIT ETF 922908553 6,185 95,800 SH   SOLE   95,800 0 0
VANGUARD TAX-MANAGED INTERNATIONAL FTSE DEV MKT ETF 921943858 3,898 93,517 SH   SOLE   93,517 0 0
VANGUARD TELECOM SERVICE ETF TELCOMM ETF 92204A884 2,892 34,571 SH   SOLE   13,681 0 20,890
VANGUARD TOTAL BOND MARKET INDEX F TOTAL BND MRKT 921937835 25,078 313,283 SH   SOLE   313,283 0 0
VANGUARD TOTAL STOCK MARKET INDEX TOTAL STK MKT 922908769 12,883 134,306 SH   SOLE   134,306 0 0
VERISIGN INC COM 92343E102 251 4,200 SH   OTR 1 0 4,200 0
VERIZON COMMUNICATIONS INC COM 92343V104 206 4,200 SH   OTR 1 0 4,200 0
VF CORP COM 918204108 249 4,000 SH   OTR 1 0 4,000 0
WISDOMTREE EUROPE HEDGED EQU EUROPE HEDGED EQ 97717X701 5,298 94,260 SH   SOLE   94,260 0 0
WISDOMTREE JAPAN HEDGED EQ JAPN HEDGE EQT 97717W851 5,252 103,310 SH   SOLE   103,310 0 0