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 DOW JONES INDL AVRG ETF UT SER 1 78467X109 30,412 181,145 SH   SOLE 0 174,086 0 7,059
ISHARES MSCI HONG KG ETF 464286871 363 17,390 SH   SOLE 0 0 0 17,390
ISHARES EMU ETF 464286608 5,231 123,600 SH   SOLE 1 123,600 0 0
ISHARES CORE S&P MCP ETF 464287507 19,295 134,853 SH   SOLE 0 31,550 0 103,303
ISHARES S&P MC 400GR ETF 464287606 100 637 SH   SOLE 0 0 0 637
ISHARES S&P 500 VAL ETF 464287408 20,981 232,396 SH   SOLE 0 200,545 0 31,851
ISHARES RUS 1000 GRW ETF 464287614 10,590 116,462 SH   SOLE 1 116,462 0 0
ISHARES RUS 1000 GRW ETF 464287614 103,416 1,137,316 SH   SOLE 0 685,040 0 452,276
ISHARES RUSSELL 3000 ETF 464287689 280 2,379 SH   SOLE 0 0 0 2,379
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 10,247 39,327 SH   SOLE 0 33,600 0 5,727
SPDR S&P 500 ETF TR TR UNIT 78462F103 25,027 127,869 SH   SOLE 0 121,890 0 5,979
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,649 28,836 SH   SOLE 0 27,230 0 1,606
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 10 200 SH   SOLE 0 0 0 200
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 11,783 125,474 SH   SOLE 1 125,474 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 54,690 582,361 SH   SOLE 0 577,420 0 4,941
CONAGRA FOODS INC COM 205887102 61 2,050 SH   SOLE 0 0 0 2,050
ALTRIA GROUP INC COM 02209S103 13 315 SH   SOLE 0 0 0 315
ORACLE CORP COM 68389X105 466 11,499 SH   SOLE 0 0 0 11,499
SHERWIN WILLIAMS CO COM 824348106 137 664 SH   SOLE 0 0 0 664
MEDTRONIC INC COM 585055106 26 400 SH   SOLE 0 0 0 400
LOWES COS INC COM 548661107 5 114 SH   SOLE 0 0 0 114
ISHARES MSCI EAFE ETF 464287465 13,175 192,696 SH   SOLE 1 192,696 0 0
ISHARES MSCI EAFE ETF 464287465 86,543 1,265,800 SH   SOLE 0 1,218,075 0 47,725
MICROSOFT CORP COM 594918104 187 4,483 SH   SOLE 0 0 0 4,483
CITIGROUP INC COM NEW 172967424 8 162 SH   SOLE 0 0 0 162
CA INC COM 12673P105 30 1,052 SH   SOLE 0 0 0 1,052
INTERNATIONAL BUSINESS MACHS COM 459200101 10 57 SH   SOLE 0 0 0 57
LOCKHEED MARTIN CORP COM 539830109 40 246 SH   SOLE 0 0 0 246
PPG INDS INC COM 693506107 12 59 SH   SOLE 0 0 0 59
ISHARES MSCI CDA ETF 464286509 2,168 67,299 SH   SOLE 0 64,000 0 3,299
ISHARES RUS MDCP VAL ETF 464287473 1,162 16,000 SH   SOLE 0 16,000 0 0
ISHARES GLOBAL 100 ETF 464287572 38,024 482,900 SH   SOLE 0 482,900 0 0
ISHARES U.S. ENERGY ETF 464287796 12 219 SH   SOLE 0 0 0 219
ISHARES U.S. FINLS ETF 464287788 6,485 78,000 SH   SOLE 0 78,000 0 0
ISHARES U.S. INDS ETF 464287754 8,184 79,000 SH   SOLE 0 79,000 0 0
ISHARES U.S. TELECOM ETF 464287713 546 18,000 SH   SOLE 0 18,000 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 3,758 75,700 SH   SOLE 0 75,700 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 9,413 94,033 SH   SOLE 1 94,033 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 38,626 1,698,604 SH   SOLE 0 1,697,157 0 1,447
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 586 10,842 SH   SOLE 1 10,842 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 4,882 109,410 SH   SOLE 1 109,410 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 5,165 84,910 SH   SOLE 1 84,910 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 1,409 8,394 SH   SOLE 1 8,394 0 0
ISHARES EMU ETF 464286608 32,899 777,375 SH   SOLE 0 773,200 0 4,175
ISHARES EUROPE ETF 464287861 1,272 26,194 SH   SOLE 0 0 0 26,194
ISHARES CORE S&P500 ETF 464287200 630 3,200 SH   SOLE 1 3,200 0 0
ISHARES CORE S&P500 ETF 464287200 19,358 98,265 SH   SOLE 0 91,815 0 6,450
ISHARES S&P 500 GRWT ETF 464287309 33,317 316,731 SH   SOLE 0 286,170 0 30,561
ISHARES RUS 1000 VAL ETF 464287598 22,850 225,636 SH   SOLE 0 67,000 0 158,636
ISHARES RUSSELL 2000 ETF 464287655 9,314 78,393 SH   SOLE 0 62,260 0 16,133
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 711 2,730 SH   SOLE 1 2,730 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 419 2,140 SH   SOLE 1 2,140 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 389 3,070 SH   SOLE 1 3,070 0 0
BOEING CO COM 097023105 167 1,311 SH   SOLE 0 0 0 1,311
FEDEX CORP COM 31428X106 24 161 SH   SOLE 0 0 0 161
HORMEL FOODS CORP COM 440452100 548 11,097 SH   SOLE 0 0 0 11,097
INTEL CORP COM 458140100 224 7,262 SH   SOLE 0 0 0 7,262
QUALCOMM INC COM 747525103 794 10,019 SH   SOLE 0 0 0 10,019
DISNEY WALT CO COM DISNEY 254687106 600 6,996 SH   SOLE 0 0 0 6,996
JOHNSON & JOHNSON COM 478160104 59 568 SH   SOLE 0 0 0 568
PFIZER INC COM 717081103 176 5,921 SH   SOLE 0 0 0 5,921
ISHARES US OIL EQ&SV ETF 464288844 698 9,000 SH   SOLE 0 9,000 0 0
CHEVRON CORP NEW COM 166764100 48 371 SH   SOLE 0 0 0 371
ISHARES LATN AMER 40 ETF 464287390 26 688 SH   SOLE 0 0 0 688
MOLSON COORS BREWING CO CL B 60871R209 193 2,601 SH   SOLE 0 0 0 2,601
CISCO SYS INC COM 17275R102 2 92 SH   SOLE 0 0 0 92
ISHARES MSCI GERMANY ETF 464286806 1,357 43,383 SH   SOLE 0 0 0 43,383
ISHARES MSCI ITALCPD ETF 464286855 131 7,560 SH   SOLE 1 7,560 0 0
ISHARES MSCI ITALCPD ETF 464286855 3,495 201,087 SH   SOLE 0 201,000 0 87
ISHARES RUS MID-CAP ETF 464287499 315 1,935 SH   SOLE 1 1,935 0 0
ISHARES RUS MID-CAP ETF 464287499 4,046 24,887 SH   SOLE 0 17,230 0 7,657
ISHARES RUS MD CP GR ETF 464287481 16,140 180,220 SH   SOLE 0 36,000 0 144,220
ISHARES GLOBAL 100 ETF 464287572 10,798 137,130 SH   SOLE 1 137,130 0 0
ISHARES GLOBAL ENERG ETF 464287341 2,101 43,293 SH   SOLE 1 43,293 0 0
ISHARES GLOBAL ENERG ETF 464287341 14,785 304,726 SH   SOLE 0 301,933 0 2,793
ISHARES GLOB HLTHCRE ETF 464287325 4,245 45,000 SH   SOLE 0 45,000 0 0
ISHARES GLOBAL TECH ETF 464287291 4,537 51,000 SH   SOLE 0 51,000 0 0
ISHARES US HLTHCARE ETF 464287762 7,839 61,144 SH   SOLE 0 61,000 0 144
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 277 5,580 SH   SOLE 1 5,580 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 39,291 392,522 SH   SOLE 0 392,430 0 92
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 9,996 439,580 SH   SOLE 1 439,580 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 5,201 96,200 SH   SOLE 0 96,200 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 13,406 349,566 SH   SOLE 1 349,566 0 0
ISHARES N AMER TECH ETF 464287549 4,093 43,000 SH   SOLE 0 43,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 7 432 SH   SOLE 0 0 0 432
ISHARES MSCI BRZ CAP ETF 464286400 1,362 28,500 SH   SOLE 0 28,500 0 0
ISHARES MSCI MEX CAP ETF 464286822 121 1,780 SH   SOLE 1 1,780 0 0
ISHARES MSCI MEX CAP ETF 464286822 1,112 16,400 SH   SOLE 0 16,400 0 0
ISHARES MSCI SPAN CP ETF 464286764 1,884 44,000 SH   SOLE 0 44,000 0 0
ISHARES MSCI UK ETF 464286699 1,086 52,000 SH   SOLE 0 52,000 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 25,638 328,897 SH   SOLE 1 328,897 0 0
BANK OF AMERICA CORPORATION COM 060505104 30 1,960 SH   SOLE 0 0 0 1,960
UNION PAC CORP COM 907818108 229 2,293 SH   SOLE 0 0 0 2,293
BAXTER INTL INC COM 071813109 7 100 SH   SOLE 0 0 0 100
TOTAL S A SPONSORED ADR 89151E109 180 2,493 SH   SOLE 0 0 0 2,493
GENERAL ELECTRIC CO COM 369604103 18 681 SH   SOLE 0 0 0 681
GILEAD SCIENCES INC COM 375558103 8 100 SH   SOLE 0 0 0 100
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 41 938 SH   SOLE 0 0 0 938
MONDELEZ INTL INC CL A 609207105 131 3,475 SH   SOLE 0 0 0 3,475
PRICELINE GRP INC COM NEW 741503403 11 9 SH   SOLE 0 0 0 9
ISHARES 1-3 YR TR BD ETF 464287457 36,706 434,082 SH   SOLE 0 421,041 0 13,041
ISHARES 20+ YR TR BD ETF 464287432 568 5,000 SH   SOLE 1 5,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 93 5,378 SH   SOLE 0 0 0 5,378
UNITEDHEALTH GROUP INC COM 91324P102 553 6,760 SH   SOLE 0 0 0 6,760
SOUTHWEST AIRLS CO COM 844741108 593 22,092 SH   SOLE 0 0 0 22,092
ENCANA CORP COM 292505104 2 105 SH   SOLE 0 0 0 105
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 13 155 SH   SOLE 0 0 0 155
VANGUARD INDEX FDS TOTAL STK MKT 922908769 10,314 101,349 SH   SOLE 0 67,060 0 34,289
CONOCOPHILLIPS COM 20825C104 206 2,400 SH   SOLE 0 0 0 2,400
APPLE INC COM 037833100 580 6,237 SH   SOLE 0 0 0 6,237
ALLSTATE CORP COM 020002101 882 15,025 SH   SOLE 0 0 0 15,025
AMERICAN STRATEGIC INCOME II COM 03009T101 9 1,171 SH   SOLE 0 0 0 1,171
ISHARES MSCI EMG MKT ETF 464287234 13,084 302,662 SH   SOLE 0 220,785 0 81,877
PETSMART INC COM 716768106 576 9,635 SH   SOLE 0 0 0 9,635
SKYWORKS SOLUTIONS INC COM 83088M102 634 13,498 SH   SOLE 0 0 0 13,498
ISHARES NA TEC MULTM ETF 464287531 2,176 62,000 SH   SOLE 0 62,000 0 0
ISHARES PHLX SEMICND ETF 464287523 4,234 49,000 SH   SOLE 0 49,000 0 0
ISHARES S&P 100 ETF 464287101 1,748 20,200 SH   SOLE 1 20,200 0 0
ISHARES S&P 100 ETF 464287101 71,977 831,816 SH   SOLE 0 278,000 0 553,816
NATIONAL OILWELL VARCO INC COM 637071101 481 5,839 SH   SOLE 0 0 0 5,839
PIMCO CORPORATE & INCOME OPP COM 72201B101 26 1,380 SH   SOLE 0 0 0 1,380
ACTAVIS PLC SHS G0083B108 396 1,777 SH   SOLE 0 0 0 1,777
AVERY DENNISON CORP COM 053611109 473 9,237 SH   SOLE 0 0 0 9,237
MYLAN INC COM 628530107 23 450 SH   SOLE 0 0 0 450
ISHARES CORE TOTUSBD ETF 464287226 12,023 109,899 SH   SOLE 0 90,626 0 19,273
ARRIS GROUP INC NEW COM 04270V106 523 16,074 SH   SOLE 0 0 0 16,074
W P CAREY INC COM 92936U109 177 2,751 SH   SOLE 0 0 0 2,751
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 49,463 1,289,784 SH   SOLE 0 1,282,130 0 7,654
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 19,285 432,201 SH   SOLE 0 432,200 0 1
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 17,842 293,301 SH   SOLE 0 293,300 0 1
ISHARES MSCI BRZ CAP ETF 464286400 152 3,180 SH   SOLE 1 3,180 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 130,384 1,672,665 SH   SOLE 0 1,152,316 0 520,349
AMETEK INC NEW COM 031100100 8 157 SH   SOLE 0 0 0 157
EXXON MOBIL CORP COM 30231G102 30 296 SH   SOLE 0 0 0 296
APPLIED MATLS INC COM 038222105 1 25 SH   SOLE 0 0 0 25
TARGET CORP COM 87612E106 1 20 SH   SOLE 0 0 0 20
CVS CAREMARK CORPORATION COM 126650100 547 7,258 SH   SOLE 0 0 0 7,258
PROCTER & GAMBLE CO COM 742718109 8 100 SH   SOLE 0 0 0 100
HARLEY DAVIDSON INC COM 412822108 535 7,664 SH   SOLE 0 0 0 7,664
MCDONALDS CORP COM 580135101 12 115 SH   SOLE 0 0 0 115
NIKE INC CL B 654106103 14 180 SH   SOLE 0 0 0 180
BROADCOM CORP CL A 111320107 487 13,121 SH   SOLE 0 0 0 13,121
WELLS FARGO & CO NEW COM 949746101 114 2,170 SH   SOLE 0 0 0 2,170
ISHARES 1-3 YR TR BD ETF 464287457 563 6,660 SH   SOLE 1 6,660 0 0
ISHARES 7-10 Y TR BD ETF 464287440 6 59 SH   SOLE 0 0 0 59
ISHARES 20+ YR TR BD ETF 464287432 2,199 19,374 SH   SOLE 0 19,000 0 374
ISHARES IBOXX INV CP ETF 464287242 2,206 18,500 SH   SOLE 1 18,500 0 0
ISHARES IBOXX INV CP ETF 464287242 11,278 94,571 SH   SOLE 0 89,525 0 5,046
FISERV INC COM 337738108 22 370 SH   SOLE 0 0 0 370
TEMPLETON GLOBAL INCOME FD COM 880198106 6 670 SH   SOLE 0 0 0 670
UNITED TECHNOLOGIES CORP COM 913017109 7 63 SH   SOLE 0 0 0 63
VANGUARD INDEX FDS TOTAL STK MKT 922908769 769 7,560 SH   SOLE 1 7,560 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 2,548 22,000 SH   SOLE 0 22,000 0 0
INTL PAPER CO COM 460146103 158 3,136 SH   SOLE 0 0 0 3,136
ISHARES MSCI EMG MKT ETF 464287234 1,734 40,100 SH   SOLE 1 40,100 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 7,671 100,000 SH   SOLE 0 100,000 0 0
ISHARES NA TEC-SFTWR ETF 464287515 386 4,494 SH   SOLE 1 4,494 0 0
ISHARES NA TEC-SFTWR ETF 464287515 12,470 145,000 SH   SOLE 0 145,000 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 435 7,818 SH   SOLE 0 0 0 7,818
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 12 600 SH   SOLE 0 0 0 600
KELLOGG CO COM 487836108 102 1,548 SH   SOLE 0 0 0 1,548
EASTMAN CHEM CO COM 277432100 522 5,974 SH   SOLE 0 0 0 5,974
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 23,552 546,079 SH   SOLE 0 0 0 546,079
ISHARES MSCI AC ASIA ETF 464288182 5,145 82,075 SH   SOLE 0 82,000 0 75
BERKSHIRE HATHAWAY INC DEL CL A 084670108 760 4 SH   SOLE 0 0 0 4
TIDEWATER INC COM 886423102 399 7,108 SH   SOLE 0 0 0 7,108
BLACKROCK DEBT STRAT FD INC COM 09255R103 2 455 SH   SOLE 0 0 0 455
ENSCO PLC SHS CLASS A G3157S106 168 3,023 SH   SOLE 0 0 0 3,023
ISHARES TIPS BD ETF 464287176 7,977 69,150 SH   SOLE 1 69,150 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 3 186 SH   SOLE 0 0 0 186
AGL RES INC COM 001204106 178 3,238 SH   SOLE 0 0 0 3,238
CARNIVAL CORP PAIRED CTF 143658300 4 100 SH   SOLE 0 0 0 100
TRAVELERS COMPANIES INC COM 89417E109 168 1,790 SH   SOLE 0 0 0 1,790
ISHARES MRNGSTR LG-CP ET 464287127 6,489 57,000 SH   SOLE 0 57,000 0 0
SONOCO PRODS CO COM 835495102 161 3,655 SH   SOLE 0 0 0 3,655
CBIZ INC COM 124805102 14 1,544 SH   SOLE 0 0 0 1,544
SOUTHERN COPPER CORP COM 84265V105 0 2 SH   SOLE 0 0 0 2
ENTERPRISE PRODS PARTNERS L COM 293792107 42 541 SH   SOLE 0 0 0 541
AMPHENOL CORP NEW CL A 032095101 10 100 SH   SOLE 0 0 0 100
ISHARES 3YRTB ETF 464288125 539 5,600 SH   SOLE 0 5,600 0 0
GOOGLE INC CL A 38259P508 6 11 SH   SOLE 0 0 0 11
SPDR GOLD TRUST GOLD SHS 78463V107 25 196 SH   SOLE 0 0 0 196
VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF 922042866 1,196 19,212 SH   SOLE 0 19,000 0 212
VANGUARD INDEX FDS VALUE ETF 922908744 17,398 214,918 SH   SOLE 0 156,795 0 58,123
VANGUARD INDEX FDS REIT ETF 922908553 220 2,940 SH   SOLE 0 0 0 2,940
INTUITIVE SURGICAL INC COM NEW 46120E602 563 1,368 SH   SOLE 0 0 0 1,368
FOOT LOCKER INC COM 344849104 447 8,809 SH   SOLE 0 0 0 8,809
VANGUARD INDEX FDS SMALL CP ETF 922908751 700 5,980 SH   SOLE 1 5,980 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 36,361 367,651 SH   SOLE 0 220,370 0 147,281
HALCON RES CORP COM NEW 40537Q209 123 16,914 SH   SOLE 0 0 0 16,914
REPUBLIC SVCS INC COM 760759100 571 15,035 SH   SOLE 0 0 0 15,035
MOSAIC CO NEW COM 61945C103 461 9,321 SH   SOLE 0 0 0 9,321
ALPHA NATURAL RESOURCES INC COM 02076X102 0 100 SH   SOLE 0 0 0 100
VANGUARD INDEX FDS SML CP GRW ETF 922908595 422 3,309 SH   SOLE 0 0 0 3,309
NRG ENERGY INC COM NEW 629377508 4 100 SH   SOLE 0 0 0 100
POWERSHARES ETF TRUST S&P 500 HGH QLTY 73935X682 708 33,000 SH   SOLE 1 33,000 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 2,830 32,000 SH   SOLE 0 32,000 0 0
SILVER WHEATON CORP COM 828336107 9 352 SH   SOLE 0 0 0 352
WYNN RESORTS LTD COM 983134107 580 2,795 SH   SOLE 0 0 0 2,795
SPDR SERIES TRUST S&P CAP MKTS 78464A771 1,969 40,000 SH   SOLE 0 40,000 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 167 2,339 SH   SOLE 0 0 0 2,339
POWERSHARES ETF TRUST DYN LSR & ENT 73935X757 2,452 72,000 SH   SOLE 0 72,000 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 40,265 416,007 SH   SOLE 0 217,650 0 198,357
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 2,710 26,000 SH   SOLE 0 26,000 0 0
MASTERCARD INC CL A 57636Q104 4 51 SH   SOLE 0 0 0 51
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 1,307 21,800 SH   SOLE 1 21,800 0 0
CDN IMPERIAL BK COMM TORONTO COM 136069101 173 1,900 SH   SOLE 0 0 0 1,900
SEABRIDGE GOLD INC COM 811916105 1 100 SH   SOLE 0 0 0 100
KIRBY CORP COM 497266106 341 2,910 SH   SOLE 0 0 0 2,910
WISDOMTREE TR EUROPE SMCP DV 97717W869 5,138 85,044 SH   SOLE 0 85,000 0 44
ISHARES U.S. MED DVC ETF 464288810 6,529 64,000 SH   SOLE 0 64,000 0 0
MARKET VECTORS ETF TR HG YLD MUN ETF 57060U878 271 8,975 SH   SOLE 0 0 0 8,975
WISDOMTREE TR DEFA FD 97717W703 347 6,196 SH   SOLE 0 0 0 6,196
ISHARES SELECT DIVID ETF 464287168 18 237 SH   SOLE 0 0 0 237
ISHARES TIPS BD ETF 464287176 30,941 268,210 SH   SOLE 0 265,000 0 3,210
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 12 270 SH   SOLE 0 0 0 270
WEYERHAEUSER CO COM 962166104 170 5,141 SH   SOLE 0 0 0 5,141
AVNET INC COM 053807103 371 8,367 SH   SOLE 0 0 0 8,367
ISHARES MRGSTR MD CP ETF 464288208 147 1,045 SH   SOLE 0 0 0 1,045
ISHARES MRNGSTR LG-CP GR 464287119 6,826 64,000 SH   SOLE 0 64,000 0 0
ISHARES MRNGSTR LG-CP VL 464288109 5,847 69,000 SH   SOLE 0 69,000 0 0
RYDER SYS INC COM 783549108 330 3,744 SH   SOLE 0 0 0 3,744
SNAP ON INC COM 833034101 174 1,472 SH   SOLE 0 0 0 1,472
MAGNA INTL INC COM 559222401 699 6,489 SH   SOLE 0 0 0 6,489
ISHARES CHINA LG-CAP ETF 464287184 8 216 SH   SOLE 0 0 0 216
POWERSHARES ETF TRUST DYNAMIC MKT PT 73935X104 5,686 78,000 SH   SOLE 0 78,000 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 570 5,110 SH   SOLE 1 5,110 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 5,843 52,340 SH   SOLE 0 45,850 0 6,490
VANGUARD INDEX FDS MID CAP ETF 922908629 1,055 8,889 SH   SOLE 0 0 0 8,889
VANGUARD WORLD FDS MATERIALS ETF 92204A801 1,229 11,000 SH   SOLE 0 11,000 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 19,265 164,493 SH   SOLE 0 53,750 0 110,743
VANGUARD INDEX FDS GROWTH ETF 922908736 1,010 10,211 SH   SOLE 1 10,211 0 0
POWERSHARES ETF TRUST DYN PHRMA PORT 73935X799 4,215 69,000 SH   SOLE 0 69,000 0 0
FOSTER WHEELER AG COM H27178104 3 100 SH   SOLE 0 0 0 100
WOLVERINE WORLD WIDE INC COM 978097103 6 230 SH   SOLE 0 0 0 230
TENNECO INC COM 880349105 684 10,413 SH   SOLE 0 0 0 10,413
ROCK-TENN CO CL A 772739207 12 115 SH   SOLE 0 0 0 115
GUESS INC COM 401617105 395 14,638 SH   SOLE 0 0 0 14,638
ALLEGHENY TECHNOLOGIES INC COM 01741R102 679 15,062 SH   SOLE 0 0 0 15,062
POWERSHARES ETF TRUST S&P 500 HGH QLTY 73935X682 9,717 453,000 SH   SOLE 0 453,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 455 3,854 SH   SOLE 0 0 0 3,854
ISHARES EAFE VALUE ETF 464288877 3,977 67,908 SH   SOLE 0 16,000 0 51,908
ISHARES EAFE GRWTH ETF 464288885 7,421 102,432 SH   SOLE 0 0 0 102,432
FUEL TECH INC COM 359523107 1 100 SH   SOLE 0 0 0 100
BLACKROCK MUNIYIELD CALI QLT COM 09254N103 39 2,623 SH   SOLE 0 0 0 2,623
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 348 13,111 SH   SOLE 1 13,111 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 10,977 412,992 SH   SOLE 0 400,800 0 12,192
RYDEX ETF TRUST GUG RUSS TOP 50 78355W205 4,131 30,656 SH   SOLE 0 29,500 0 1,156
ATWOOD OCEANICS INC COM 050095108 10 200 SH   SOLE 0 0 0 200
VANGUARD WORLD FDS INF TECH ETF 92204A702 3,794 39,200 SH   SOLE 1 39,200 0 0
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 1,618 41,105 SH   SOLE 0 0 0 41,105
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 916 37,665 SH   SOLE 1 37,665 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 19,666 808,297 SH   SOLE 0 520,908 0 287,389
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 397 15,000 SH   SOLE 1 15,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1,587 60,000 SH   SOLE 0 60,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 39,857 664,832 SH   SOLE 0 107,000 0 557,832
WISDOMTREE TR GLB EX UD DVD GR 97717W844 1,178 22,000 SH   SOLE 1 22,000 0 0
WISDOMTREE TR SMALLCAP DIVID 97717W604 913 13,037 SH   SOLE 0 0 0 13,037
ISHARES CORE S&P TTL STK 464287150 46 508 SH   SOLE 0 0 0 508
POWERSHARES ETF TRUST DYNM LRG CP VL 73935X708 11 349 SH   SOLE 0 0 0 349
VANGUARD INDEX FDS LARGE CAP ETF 922908637 7,690 85,430 SH   SOLE 1 85,430 0 0
CLAYMORE EXCHANGE TRD FD TR GUG MULTI ASSET 18383M506 411 15,741 SH   SOLE 0 0 0 15,741
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 5,339 433,000 SH   SOLE 0 433,000 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 12,965 670,742 SH   SOLE 1 670,742 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 5,261 191,592 SH   SOLE 1 191,592 0 0
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 2,795 29,006 SH   SOLE 0 0 0 29,006
PROSHARES TR PSHS SHRT S&P500 74347R503 31,249 1,337,731 SH   SOLE 0 738,000 0 599,731
PROSHARES TR PSHS SHTRUSS2000 74347R826 417 26,000 SH   SOLE 1 26,000 0 0
PROSHARES TR PSHS SHTRUSS2000 74347R826 7,312 456,135 SH   SOLE 0 451,000 0 5,135
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 26,234 501,698 SH   SOLE 0 428,500 0 73,198
HSBC HLDGS PLC ADR A 1/40PF A 404280604 18 705 SH   SOLE 0 0 0 705
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 2,174 119,461 SH   SOLE 0 119,461 0 0
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 4,782 88,000 SH   SOLE 0 88,000 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 117 1,451 SH   SOLE 0 0 0 1,451
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 9,398 114,307 SH   SOLE 0 85,885 0 28,422
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 618 16,656 SH   SOLE 0 0 0 16,656
RYDEX ETF TRUST GUG S&P500EQWTTE 78355W817 853 10,184 SH   SOLE 0 0 0 10,184
BANK NEW YORK MELLON CORP COM 064058100 670 17,866 SH   SOLE 0 0 0 17,866
ISHARES INTL SEL DIV ETF 464288448 8,169 204,779 SH   SOLE 0 203,000 0 1,779
WISDOMTREE TR EMERG MKTS ETF 97717W315 46,025 887,824 SH   SOLE 0 839,514 0 48,310
ISHARES 3-7 YR TR BD ETF 464288661 10,112 83,018 SH   SOLE 0 83,000 0 18
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 777 14,125 SH   SOLE 1 14,125 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 2,529 45,979 SH   SOLE 0 45,938 0 41
FIRST MAJESTIC SILVER CORP COM 32076V103 9 788 SH   SOLE 0 0 0 788
SPDR SERIES TRUST BRC CNV SECS ETF 78464A359 51 1,014 SH   SOLE 0 0 0 1,014
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 10,023 343,716 SH   SOLE 0 0 0 343,716
WISDOMTREE TR EMG MKTS SMCAP 97717W281 1 19 SH   SOLE 0 0 0 19
ISHARES JP MOR EM MK ETF 464288281 9,692 84,083 SH   SOLE 0 64,610 0 19,473
GREENHAVEN CONT CMDTY INDEX UNIT BEN INT 395258106 349 12,480 SH   SOLE 1 12,480 0 0
ISHARES INTL DEV RE ETF 464288489 2,039 63,461 SH   SOLE 0 0 0 63,461
ISHARES MSCI JAPN SMCETF 464286582 740 13,025 SH   SOLE 0 13,000 0 25
VANGUARD WORLD FD MEGA GRWTH IND 921910816 13,303 173,258 SH   SOLE 0 153,200 0 20,058
REVENUESHARES ETF TR LARGECAP FD 761396100 849 22,000 SH   SOLE 1 22,000 0 0
REVENUESHARES ETF TR LARGECAP FD 761396100 3,282 85,000 SH   SOLE 0 85,000 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 4,599 74,173 SH   SOLE 0 63,675 0 10,498
PHILIP MORRIS INTL INC COM 718172109 11 125 SH   SOLE 0 0 0 125
VANGUARD WORLD FD MEGA CAP INDEX 921910873 5,536 82,699 SH   SOLE 1 82,699 0 0
ISHARES U.S. INSRNCE ETF 464288786 8,413 176,000 SH   SOLE 0 176,000 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 7,255 112,000 SH   SOLE 0 112,000 0 0
PROSHARES TR PSHS SHORT DOW30 74347R701 7,896 313,079 SH   SOLE 0 311,600 0 1,479
WISDOMTREE TR GLB EX UD DVD GR 97717W844 4,276 79,879 SH   SOLE 0 78,000 0 1,879
WISDOMTREE TR JAPN HEDGE EQT 97717W851 11,106 224,992 SH   SOLE 0 0 0 224,992
WISDOMTREE TR LARGECAP DIVID 97717W307 51 720 SH   SOLE 0 0 0 720
WISDOMTREE TR MIDCAP DIVI FD 97717W505 3,053 37,387 SH   SOLE 0 0 0 37,387
WISDOMTREE TR TOTAL DIVID FD 97717W109 5 64 SH   SOLE 0 0 0 64
FIDELITY COMWLTH TR NDQ CP IDX TRK 315912808 53 305 SH   SOLE 0 0 0 305
NUVEEN CA DIVIDEND ADV MUN F COM 67066Y105 59 4,207 SH   SOLE 0 0 0 4,207
VANGUARD INDEX FDS LARGE CAP ETF 922908637 32,584 362,009 SH   SOLE 0 341,790 0 20,219
IHS INC CL A 451734107 9 70 SH   SOLE 0 0 0 70
TRIUMPH GROUP INC NEW COM 896818101 484 6,926 SH   SOLE 0 0 0 6,926
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 45,436 2,350,553 SH   SOLE 0 2,350,198 0 355
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 18,085 658,608 SH   SOLE 0 658,608 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 1,855 46,000 SH   SOLE 0 46,000 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 551 16,500 SH   SOLE 0 16,500 0 0
VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 4 48 SH   SOLE 0 0 0 48
FIRST TR EXCHANGE TRADED FD CAP STRENGTH ETF 33733E104 1,093 31,000 SH   SOLE 0 31,000 0 0
SPDR SERIES TRUST OILGAS EQUIP 78464A748 4,090 83,000 SH   SOLE 0 83,000 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 6,412 122,630 SH   SOLE 1 122,630 0 0
ISHARES IBOXX HI YD ETF 464288513 18,421 193,501 SH   SOLE 0 120,080 0 73,421
ISHARES CREDIT BD ETF 464288620 6,412 57,542 SH   SOLE 0 33,450 0 24,092
ISHARES 1-3 YR CR BD ETF 464288646 34,735 328,679 SH   SOLE 0 134,000 0 194,679
CLAYMORE EXCHANGE TRD FD TR GUGG SPINOFF ETF 18383M605 3,425 74,000 SH   SOLE 0 74,000 0 0
ISHARES GLOB INDSTRL ETF 464288729 5,319 73,000 SH   SOLE 0 73,000 0 0
ISHARES MBS ETF 464288588 234 2,159 SH   SOLE 0 0 0 2,159
ISHARES U.S. PFD STK ETF 464288687 15,109 378,564 SH   SOLE 0 114,775 0 263,789
WISDOMTREE TR EMERG MKTS ETF 97717W315 11,156 215,207 SH   SOLE 1 215,207 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 1,194 18,000 SH   SOLE 0 18,000 0 0
ISHARES NAT AMT FREE BD 464288414 6,355 58,491 SH   SOLE 0 24,775 0 33,716
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 2,612 110,299 SH   SOLE 0 0 0 110,299
SPDR INDEX SHS FDS EUROPE ETF 78463X608 8 191 SH   SOLE 0 0 0 191
CLAYMORE EXCHANGE TRD FD TR GUGG TIMBER ETF 18383Q879 4,212 167,000 SH   SOLE 0 167,000 0 0
ISHARES JP MOR EM MK ETF 464288281 1,113 9,655 SH   SOLE 1 9,655 0 0
GREENHAVEN CONT CMDTY INDEX UNIT BEN INT 395258106 3,072 110,000 SH   SOLE 0 110,000 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 247 11,620 SH   SOLE 1 11,620 0 0
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 18,933 890,550 SH   SOLE 0 274,000 0 616,550
SPDR SERIES TRUST NUVN CALI MUNI 78464A441 269 11,506 SH   SOLE 0 0 0 11,506
ISHARES INTERM CR BD ETF 464288638 13,388 121,501 SH   SOLE 0 103,380 0 18,121
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 599 14,343 SH   SOLE 0 0 0 14,343
B & G FOODS INC NEW COM 05508R106 49 1,500 SH   SOLE 0 0 0 1,500
VANGUARD WORLD FD MEGA GRWTH IND 921910816 292 3,800 SH   SOLE 1 3,800 0 0
VANGUARD WORLD FD MEGA CAP VAL ETF 921910840 9 158 SH   SOLE 0 0 0 158
ISHARES MSCI ACWI US ETF 464288240 1,457 30,333 SH   SOLE 1 30,333 0 0
ISHARES MSCI ACWI US ETF 464288240 12,958 269,851 SH   SOLE 0 267,229 0 2,622
FIRST TR US IPO INDEX FD SHS 336920103 2,310 48,000 SH   SOLE 0 48,000 0 0
VANGUARD WORLD FD MEGA CAP INDEX 921910873 18,408 275,000 SH   SOLE 0 275,000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CHN SML CAP 18383Q853 185 7,340 SH   SOLE 1 7,340 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CHN SML CAP 18383Q853 2,173 86,200 SH   SOLE 0 86,200 0 0
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 73936T565 1,298 88,700 SH   SOLE 0 88,700 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 36 1,995 SH   SOLE 0 0 0 1,995
PIMCO ETF TR ENHAN SHRT MAT 72201R833 5,170 50,983 SH   SOLE 1 50,983 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 49,293 486,122 SH   SOLE 0 478,515 0 7,607
ISHARES RUS TP200 GR ETF 464289438 3,031 63,500 SH   SOLE 1 63,500 0 0
ISHARES RUS TP200 GR ETF 464289438 9,763 204,500 SH   SOLE 0 204,500 0 0
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 1,109 23,242 SH   SOLE 0 0 0 23,242
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 127 3,836 SH   SOLE 0 0 0 3,836
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 2,054 43,862 SH   SOLE 0 0 0 43,862
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 2,157 41,000 SH   SOLE 0 41,000 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 3,317 107,653 SH   SOLE 1 107,653 0 0
POWERSHARES ETF TR II S&P SMCP IND P 73937B878 2,052 45,000 SH   SOLE 0 45,000 0 0
ISHARES TR IRELAND CAPD ETF 46429B507 1,791 50,000 SH   SOLE 0 50,000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2015 18383M563 1,422 64,937 SH   SOLE 0 0 0 64,937
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 262 5,170 SH   SOLE 0 0 0 5,170
SCHWAB STRATEGIC TR US TIPS ETF 808524870 501 9,000 SH   SOLE 1 9,000 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870 1,950 35,000 SH   SOLE 0 35,000 0 0
UNITED STS COMMODITY INDEX F COMM IDX FND 911717106 3,156 52,063 SH   SOLE 0 50,000 0 2,063
VISTEON CORP COM NEW 92839U206 440 4,535 SH   SOLE 0 0 0 4,535
GENERAL MTRS CO COM 37045V100 5 134 SH   SOLE 0 0 0 134
ADVISORSHARES TR PERITUS HG YLD 00768Y503 1,847 34,646 SH   SOLE 0 33,700 0 946
ETFS WHITE METALS BASKET TR PHY WM BSK SHS 26923B104 3 64 SH   SOLE 0 0 0 64
WISDOMTREE TR FUTRE STRAT FD 97717W125 494 11,825 SH   SOLE 1 11,825 0 0
WISDOMTREE TR FUTRE STRAT FD 97717W125 4,264 102,086 SH   SOLE 0 101,956 0 130
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,327 53,342 SH   SOLE 1 53,342 0 0
FIRST TR EXCNGE TRD ALPHADEX SML CAP VAL AL 33737M409 1 29 SH   SOLE 0 0 0 29
DBX ETF TR XTRAK MSCI EAFE 233051200 3,588 130,000 SH   SOLE 0 130,000 0 0
ISHARES TR FLTG RATE BD ETF 46429B655 6,817 134,191 SH   SOLE 1 134,191 0 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 1,529 39,947 SH   SOLE 0 0 0 39,947
ISHARES TR USA MIN VOL ETF 46429B697 3,212 86,290 SH   SOLE 0 78,000 0 8,290
POWERSHARES ETF TR II KBW RG BK PORT 73937B712 1,633 42,000 SH   SOLE 0 42,000 0 0
ISHARES EM MK MINVOL ETF 464286533 2,042 34,000 SH   SOLE 0 34,000 0 0
CRESTWOOD MIDSTREAM PARTNERS UNIT LTD PARTNER 226378107 24 1,080 SH   SOLE 0 0 0 1,080
GLOBAL X FDS FTSE GREECE 20 37950E366 115 5,120 SH   SOLE 1 5,120 0 0
GLOBAL X FDS FTSE GREECE 20 37950E366 1,035 46,000 SH   SOLE 0 46,000 0 0
ISHARES GLB AGRIC PR ETF 464286350 6 201 SH   SOLE 0 0 0 201
PIMCO ETF TR TOTL RETN ETF 72201R775 7,582 69,559 SH   SOLE 1 69,559 0 0
RETAIL PPTYS AMER INC CL A 76131V202 6 403 SH   SOLE 0 0 0 403
SPDR SER TR SHT TRM HGH YLD 78468R408 417 13,483 SH   SOLE 1 13,483 0 0
FIRST TR EXCHANGE TRADED FD NASD TECH DIV 33738R118 288 10,882 SH   SOLE 1 10,882 0 0
FIRST TR EXCHANGE TRADED FD NASD TECH DIV 33738R118 10,543 398,158 SH   SOLE 0 291,318 0 106,840
KRAFT FOODS GROUP INC COM 50076Q106 72 1,197 SH   SOLE 0 0 0 1,197
MARKET VECTORS ETF TR MKT VECTR WIDE 57060U134 10,317 336,600 SH   SOLE 0 336,600 0 0
ISHARES INC CORE MSCI EMKT 46434G103 1,189 23,000 SH   SOLE 1 23,000 0 0
ISHARES TR CORE MSCITOTAL 46432F834 24 408 SH   SOLE 0 0 0 408
SPDR SER TR SPDR BOFA ML 78468R507 90 2,917 SH   SOLE 0 0 0 2,917
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 5,750 115,006 SH   SOLE 0 114,000 0 1,006
ISHARES TR MSCI USAMOMFCT 46432F396 3,859 61,000 SH   SOLE 0 61,000 0 0
ISHARES TR MSCI USA QLT FAC 46432F339 51,125 878,595 SH   SOLE 0 873,653 0 4,942
DBX ETF TR DB XTR MSCI EUR 233051853 3 119 SH   SOLE 0 0 0 119
FIDELITY MSCI INFO TECH I 316092808 2,071 71,000 SH   SOLE 0 71,000 0 0
ISHARES TR HDG MSCI JAPAN 46434V886 2 64 SH   SOLE 0 0 0 64
GOOGLE INC CL C 38259P706 6 11 SH   SOLE 0 0 0 11
POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 863 44,055 SH   SOLE 0 0 0 44,055
RYDEX ETF TRUST GUG S&P500EQWTEN 78355W866 21 225 SH   SOLE 0 0 0 225
PROSHARES TR PSHS ULTSH 20YRS 74347B201 395 6,500 SH   SOLE 0 6,500 0 0
FIRST TR EXCHANGE TRADED FD NASDAQ 100 EX 33733E401 1,695 47,000 SH   SOLE 0 47,000 0 0
MONOTYPE IMAGING HOLDINGS IN COM 61022P100 7 245 SH   SOLE 0 0 0 245
ISHARES SHT NTLAMTFR ETF 464288158 1,748 16,450 SH   SOLE 0 16,450 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG SHIPPNG ETF 18383Q796 2,175 95,000 SH   SOLE 0 95,000 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 511 5,900 SH   SOLE 1 5,900 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 8,299 95,876 SH   SOLE 0 89,025 0 6,851
PROSHARES TR PSHS LC COR PLUS 74347R248 4,370 46,000 SH   SOLE 0 46,000 0 0
PIMCO ETF TR 1-5 US TIP IDX 72201R205 3,189 59,530 SH   SOLE 0 57,500 0 2,030
ETFS GOLD TR SHS 26922Y105 8 59 SH   SOLE 0 0 0 59
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 9,698 120,662 SH   SOLE 0 85,875 0 34,787
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 611 11,144 SH   SOLE 0 0 0 11,144
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 2,662 54,868 SH   SOLE 0 0 0 54,868
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 779 18,191 SH   SOLE 0 0 0 18,191
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 1,171 44,983 SH   SOLE 0 0 0 44,983
SPDR SERIES TRUST BARC SHT TR CP 78464A474 18,232 591,765 SH   SOLE 0 591,765 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2014 18383M571 4,169 197,415 SH   SOLE 0 163,930 0 33,485
ISHARES TR MSCI POL CAP ETF 46429B606 470 16,000 SH   SOLE 0 16,000 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 3,771 198,499 SH   SOLE 0 0 0 198,499
UNITED STS COMMODITY INDEX F COMM IDX FND 911717106 727 12,000 SH   SOLE 1 12,000 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 26 3,116 SH   SOLE 0 0 0 3,116
POWERSHARES ETF TRUST II KBW YIELD REIT 73936Q819 34 1,027 SH   SOLE 0 0 0 1,027
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 1,528 37,978 SH   SOLE 0 0 0 37,978
SPDR SERIES TRUST BRCLY EM LOCL 78464A391 428 13,720 SH   SOLE 0 0 0 13,720
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 67,628 2,719,256 SH   SOLE 0 871,597 0 1,847,659
ISHARES TR HIGH DIVIDND ETF 46429B663 6,163 81,744 SH   SOLE 0 0 0 81,744
GENERAL MTRS CO *W EXP 07/10/201 37045V118 3 123 SH   SOLE 0 0 0 123
GENERAL MTRS CO *W EXP 07/10/201 37045V126 2 123 SH   SOLE 0 0 0 123
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 2,110 59,300 SH   SOLE 0 59,300 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 2,137 19,996 SH   SOLE 1 19,996 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 30,665 286,942 SH   SOLE 0 215,995 0 70,947
ISHARES TR FLTG RATE BD ETF 46429B655 42,824 842,997 SH   SOLE 0 832,816 0 10,181
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 539 10,388 SH   SOLE 0 0 0 10,388
ISHARES EM MKT SM-CP ETF 464286475 3,532 71,000 SH   SOLE 0 71,000 0 0
ADVISORSHARES TR TRIMTABS FLT 00768Y818 1,230 24,000 SH   SOLE 0 24,000 0 0
ISHARES TR EAFE MIN VOL ETF 46429B689 4,055 62,029 SH   SOLE 0 62,000 0 29
ISHARES CNTRY MIN VL ETF 464286525 2,338 35,000 SH   SOLE 0 35,000 0 0
ISHARES EM MKTS CURR ETF 464286517 2,701 52,400 SH   SOLE 0 52,400 0 0
ISHARES MSCI FRNTR100ETF 464286145 295 8,191 SH   SOLE 1 8,191 0 0
ISHARES MSCI FRNTR100ETF 464286145 2,668 73,979 SH   SOLE 0 73,979 0 0
ISHARES TR U.S. TRS BD ETF 46429B267 280 11,275 SH   SOLE 0 0 0 11,275
PIMCO ETF TR TOTL RETN ETF 72201R775 31,057 284,925 SH   SOLE 0 284,925 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 15,387 496,981 SH   SOLE 0 494,975 0 2,006
MARKET VECTORS ETF TR MKT VECTR WIDE 57060U134 274 8,928 SH   SOLE 1 8,928 0 0
ISHARES INC CORE MSCI EMKT 46434G103 10,878 210,397 SH   SOLE 0 205,000 0 5,397
ISHARES TR CORE ST USDB ETF 46432F859 42 417 SH   SOLE 0 0 0 417
ISHARES TR MSCI USAVALFCT 46432F388 506 8,000 SH   SOLE 0 8,000 0 0
ARATANA THERAPEUTICS INC COM 03874P101 104 6,636 SH   SOLE 0 0 0 6,636
ISHARES TR MSCI USA QLT FAC 46432F339 11,869 203,977 SH   SOLE 1 203,977 0 0
FIRST TR EXCHAN TRADED FD VI FST TR GLB FD 33739H101 5 157 SH   SOLE 0 0 0 157
WISDOMTREE TR BLMBG US BULL 97717W471 165 6,690 SH   SOLE 0 0 0 6,690
CAMBRIA ETF TR GLOBAL VALUE ETF 132061409 751 29,000 SH   SOLE 0 29,000 0 0