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
DIREXION SHS ETF TR ZACKS MLP HG INC 25459Y298 208 11,021 SH   SOLE   11,021 0 0
ETFS PRECIOUS METALS BASKET PHYS PM BSKT 26922W109 44,981 781,469 SH   SOLE   781,469 0 0
FLEXSHARES TR IBOXX 5YR TRGT 33939L605 191,304 7,646,047 SH   SOLE   7,646,047 0 0
FLEXSHARES TR INTL QLTDV IDX 33939L837 8,432 374,408 SH   SOLE   374,408 0 0
GLOBAL X FDS GLBL X MLP ETF 37950E473 15,633 1,351,137 SH   SOLE   1,351,137 0 0
ISHARES GOLD TRUST ISHARES 464285105 416,006 37,545,613 SH   SOLE   37,537,864 0 7,749
ISHARES INC CORE MSCI EMKT 46434G103 142,949 3,367,471 SH   SOLE   3,367,471 0 0
ISHARES TR 0-5 YR TIPS ETF 46429B747 291 2,890 SH   SOLE   2,890 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 794,221 16,776,969 SH   SOLE   16,773,825 0 3,144
ISHARES TR 3-7 YR TR BD ETF 464288661 83,839 684,348 SH   SOLE   684,348 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 53,916 514,370 SH   SOLE   514,370 0 0
ISHARES TR AGENCY BOND ETF 464288166 56,625 502,802 SH   SOLE   502,802 0 0
ISHARES TR CALIF MUN BD ETF 464288356 30,447 263,660 SH   SOLE   263,660 0 0
ISHARES TR CMBS ETF 46429B366 27,552 539,592 SH   SOLE   539,592 0 0
ISHARES TR EAFE SML CP ETF 464288273 92,711 1,860,177 SH   SOLE   1,860,177 0 0
ISHARES TR IBOXX INV CP ETF 464287242 94,636 807,615 SH   SOLE   807,615 0 0
ISHARES TR INTL DEV RE ETF 464288489 771 29,323 SH   SOLE   29,323 0 0
ISHARES TR INTL TREA BD ETF 464288117 668 7,441 SH   SOLE   7,441 0 0
ISHARES TR MICRO-CAP ETF 464288869 54,867 639,171 SH   SOLE   639,171 0 0
ISHARES TR MIN VOL USA ETF 46429B697 103,966 2,299,119 SH   SOLE   2,299,119 0 0
ISHARES TR RUS 1000 ETF 464287622 470,200 3,777,921 SH   SOLE   3,777,921 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 153,132 1,135,574 SH   SOLE   1,135,574 0 0
ISHARES TR TIPS BD ETF 464287176 53,699 474,493 SH   SOLE   474,493 0 0
ISHARES TR U.S. PFD STK ETF 464288687 277 7,457 SH   SOLE   7,457 0 0
POWERSHARES ACT MANG COMM FD OPT YLD DIV 73937V106 125,376 7,255,591 SH   SOLE   7,255,591 0 0
POWERSHARES ETF TR II CALI MUNI ETF 73936T441 24,913 983,540 SH   SOLE   983,540 0 0
POWERSHARES ETF TR II DEV MKTS EX-US 73936T789 54,792 1,459,185 SH   SOLE   1,459,185 0 0
POWERSHARES ETF TR II EMER MRKT PORT 73936T763 37,891 2,087,656 SH   SOLE   2,087,656 0 0
POWERSHARES ETF TR II EX US SML PORT 73936T771 33,714 1,248,654 SH   SOLE   1,248,653 0 1
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 105,843 1,063,209 SH   SOLE   1,063,209 0 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 43,647 378,582 SH   SOLE   378,582 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 181,120 7,753,400 SH   SOLE   7,753,400 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 375,346 17,409,382 SH   SOLE   17,406,790 0 2,591
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 738,146 26,667,140 SH   SOLE   26,663,616 0 3,524
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 311,142 10,692,166 SH   SOLE   10,690,245 0 1,921
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 226,402 4,243,704 SH   SOLE   4,243,183 0 521
SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 1,182,239 36,231,683 SH   SOLE   36,225,159 0 6,524
SCHWAB STRATEGIC TR SCHWAB FDT US SC 808524763 779,913 22,871,353 SH   SOLE   22,867,281 0 4,072
SCHWAB STRATEGIC TR SCHWB FDT EMK LG 808524730 460,397 19,263,476 SH   SOLE   19,259,985 0 3,491
SCHWAB STRATEGIC TR SCHWB FDT INT LG 808524755 804,058 32,034,216 SH   SOLE   32,028,711 0 5,505
SCHWAB STRATEGIC TR SCHWB FDT INT SC 808524748 436,834 15,392,349 SH   SOLE   15,389,610 0 2,739
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 154,179 3,538,640 SH   SOLE   3,538,640 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,093,658 20,534,327 SH   SOLE   20,531,365 0 2,961
SCHWAB STRATEGIC TR US REIT ETF 808524847 392,540 9,564,820 SH   SOLE   9,563,478 0 1,342
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 536,746 8,730,403 SH   SOLE   8,729,146 0 1,257
SCHWAB STRATEGIC TR US TIPS ETF 808524870 148,461 2,707,152 SH   SOLE   2,707,152 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 93,287 2,586,989 SH   SOLE   2,586,989 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 219 980 SH   SOLE   980 0 0
SPDR SER TR NUVEEN BRC MUNIC 78468R721 58,611 1,235,485 SH   SOLE   1,235,485 0 0
SPDR SERIES TRUST BLOMBRG BRC INTR 78464A375 217,833 6,423,871 SH   SOLE   6,423,361 0 510
SPDR SERIES TRUST BLOMBRG BRC MRTG 78464A383 1,738 66,120 SH   SOLE   66,120 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 79,807 2,189,497 SH   SOLE   2,189,497 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 105,573 1,130,945 SH   SOLE   1,130,945 0 0
SPDR SERIES TRUST WELLS FG PFD ETF 78464A292 22,340 532,532 SH   SOLE   532,532 0 0
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 543,912 30,904,077 SH   SOLE   30,898,453 0 5,623
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 292,729 5,391,954 SH   SOLE   5,391,026 0 927
VANGUARD INDEX FDS REIT ETF 922908553 6,442 78,057 SH   SOLE   78,057 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 77,767 378,777 SH   SOLE   378,777 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 2,987 24,683 SH   SOLE   24,683 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 39,296 304,716 SH   SOLE   304,716 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 29,182 310,346 SH   SOLE   310,346 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 201,013 4,055,145 SH   SOLE   4,054,433 0 712
VANGUARD MUN BD FD INC TAX EXEMPT BD 922907746 83,162 1,654,635 SH   SOLE   1,654,635 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 1,262 14,721 SH   SOLE   14,721 0 0
VANGUARD SCOTTSDALE FDS INT-TERM GOV 92206C706 6,338 99,155 SH   SOLE   99,155 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 810,853 15,506,852 SH   SOLE   15,505,454 0 1,398
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 425,758 11,651,847 SH   SOLE   11,651,847 0 0
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 63,383 817,427 SH   SOLE   817,427 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 7,469 98,572 SH   SOLE   98,572 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 137,097 2,767,401 SH   SOLE   2,767,401 0 0