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 192 11,222 SH   SOLE   11,222 0 0
ETFS PRECIOUS METALS BASKET PHYS PM BSKT 26922W109 46,960 760,283 SH   SOLE   760,283 0 0
FLEXSHARES TR IBOXX 5YR TRGT 33939L605 193,632 7,757,682 SH   SOLE   7,757,682 0 0
FLEXSHARES TR INTL QLTDV IDX 33939L837 8,692 345,188 SH   SOLE   345,188 0 0
GLOBAL X FDS GLBL X MLP ETF 37950E473 25,039 2,292,894 SH   SOLE   2,292,894 0 0
ISHARES GOLD TRUST ISHARES 464285105 697,489 58,416,138 SH   SOLE   58,409,041 0 7,097
ISHARES INC CORE MSCI EMKT 46434G103 158,131 3,160,077 SH   SOLE   3,160,077 0 0
ISHARES TR 0-5 YR TIPS ETF 46429B747 625 6,227 SH   SOLE   6,227 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 1,252,859 26,177,584 SH   SOLE   26,174,654 0 2,930
ISHARES TR 3 7 YR TREAS BD 464288661 86,034 696,234 SH   SOLE   696,234 0 0
ISHARES TR AGENCY BOND ETF 464288166 58,158 511,499 SH   SOLE   511,499 0 0
ISHARES TR CALIF MUN BD ETF 464288356 29,443 250,174 SH   SOLE   250,174 0 0
ISHARES TR CMBS ETF 46429B366 28,122 547,112 SH   SOLE   547,112 0 0
ISHARES TR EAFE SML CP ETF 464288273 75,587 1,306,841 SH   SOLE   1,306,841 0 0
ISHARES TR IBOXX INV CP ETF 464287242 98,397 816,507 SH   SOLE   816,507 0 0
ISHARES TR INTL DEV RE ETF 464288489 1,153 40,482 SH   SOLE   40,482 0 0
ISHARES TR INTL TREA BD ETF 464288117 1,344 14,041 SH   SOLE   14,041 0 0
ISHARES TR MICRO-CAP ETF 464288869 51,273 576,558 SH   SOLE   576,558 0 0
ISHARES TR PFD AND INCM SEC 464288687 528 13,482 SH   SOLE   13,482 0 0
ISHARES TR RUS 1000 ETF 464287622 462,783 3,421,182 SH   SOLE   3,421,182 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 145,017 1,029,070 SH   SOLE   1,029,070 0 0
ISHARES TR TIPS BD ETF 464287176 53,892 475,109 SH   SOLE   475,109 0 0
POWERSHARES ACT MANG COMM FD OPT YLD DIV 73937V106 118,151 7,487,332 SH   SOLE   7,487,332 0 0
POWERSHARES ETF TR II CALI MUNI ETF 73936T441 55,447 2,135,021 SH   SOLE   2,135,021 0 0
POWERSHARES ETF TR II DEV MKTS EX-US 73936T789 56,852 1,362,049 SH   SOLE   1,362,049 0 0
POWERSHARES ETF TR II EMER MRKT PORT 73936T763 37,837 1,906,106 SH   SOLE   1,906,106 0 0
POWERSHARES ETF TR II EX US SML PORT 73936T771 35,904 1,150,028 SH   SOLE   1,150,027 0 1
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 104,336 1,009,348 SH   SOLE   1,009,348 0 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 43,754 369,757 SH   SOLE   369,757 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 205,422 8,877,375 SH   SOLE   8,877,375 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 218 1,587 SH   SOLE   1,587 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 570,241 22,947,349 SH   SOLE   22,944,960 0 2,389
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 1,139,295 35,849,422 SH   SOLE   35,846,194 0 3,228
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 518,848 15,428,145 SH   SOLE   15,426,367 0 1,778
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 335,301 6,212,725 SH   SOLE   6,212,240 0 485
SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 1,884,195 55,712,470 SH   SOLE   55,706,515 0 5,955
SCHWAB STRATEGIC TR SCHWAB FDT US SC 808524763 1,205,016 34,676,718 SH   SOLE   34,672,975 0 3,743
SCHWAB STRATEGIC TR SCHWB FDT EMK LG 808524730 730,965 27,459,224 SH   SOLE   27,456,011 0 3,213
SCHWAB STRATEGIC TR SCHWB FDT INT LG 808524755 1,354,372 48,353,186 SH   SOLE   48,348,151 0 5,035
SCHWAB STRATEGIC TR SCHWB FDT INT SC 808524748 727,776 22,222,151 SH   SOLE   22,219,629 0 2,522
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 266,085 5,899,907 SH   SOLE   5,899,907 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,632,833 28,264,368 SH   SOLE   28,261,662 0 2,706
SCHWAB STRATEGIC TR US REIT ETF 808524847 557,014 13,516,466 SH   SOLE   13,515,229 0 1,237
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 792,401 12,398,700 SH   SOLE   12,397,548 0 1,152
SCHWAB STRATEGIC TR US TIPS ETF 808524870 216,250 3,927,534 SH   SOLE   3,927,534 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 136,287 2,099,296 SH   SOLE   2,099,296 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 157,562 4,095,719 SH   SOLE   4,095,719 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 171,664 4,388,131 SH   SOLE   4,388,131 0 0
SPDR SER TR NUVEEN BRC MUNIC 78468R721 53,955 1,108,132 SH   SOLE   1,108,132 0 0
SPDR SERIES TRUST BLOMBRG BRC MRTG 78464A383 2,879 109,526 SH   SOLE   109,526 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 80,458 2,162,828 SH   SOLE   2,162,828 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 77,254 830,864 SH   SOLE   830,864 0 0
SPDR SERIES TRUST PORTFOLIO INTRMD 78464A375 343,988 9,996,747 SH   SOLE   9,996,265 0 482
SPDR SERIES TRUST WELLS FG PFD ETF 78464A292 41,018 912,114 SH   SOLE   912,114 0 0
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 933,342 49,409,318 SH   SOLE   49,404,134 0 5,184
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 456,066 8,389,724 SH   SOLE   8,388,850 0 874
VANGUARD GROUP DIV APP ETF 921908844 243 2,622 SH   SOLE   2,622 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 8,611 103,454 SH   SOLE   103,454 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 79,323 357,210 SH   SOLE   357,210 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 40,064 295,585 SH   SOLE   295,585 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 31,544 291,745 SH   SOLE   291,745 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 349,155 6,207,195 SH   SOLE   6,206,541 0 654
VANGUARD MUN BD FD INC TAX EXEMPT BD 922907746 180,816 3,523,300 SH   SOLE   3,523,300 0 0
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 92206C706 6,352 98,253 SH   SOLE   98,253 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 3,045 34,791 SH   SOLE   34,791 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 1,054,037 20,015,904 SH   SOLE   20,014,590 0 1,314
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 469,831 11,370,556 SH   SOLE   11,370,556 0 0
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 62,933 785,678 SH   SOLE   785,678 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 8,708 111,411 SH   SOLE   111,411 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 141,756 2,726,075 SH   SOLE   2,726,075 0 0