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
DBX ETF TR XTRAK MSCI EAFE 233051200 84,726 3,119,525 SH   SOLE   3,119,525 0 0
DIREXION SHS ETF TR ZACKS HG INC SHS 25459Y298 271 15,574 SH   SOLE   15,574 0 0
ETFS PRECIOUS METALS BASKET PHYS PM BSKT 26922W109 23,612 451,552 SH   SOLE   451,552 0 0
FLEXSHARES TR IBOXX 5YR TRGT 33939L605 186,522 7,669,479 SH   SOLE   7,669,479 0 0
GLOBAL X FDS GLBL X MLP ETF 37950E473 2,196 211,365 SH   SOLE   211,365 0 0
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 169,987 9,417,602 SH   SOLE   9,417,602 0 0
ISHARES GOLD TRUST ISHARES 464285105 195,165 19,077,714 SH   SOLE   19,076,786 0 928
ISHARES INC CORE MSCI EMKT 46434G103 47,299 1,200,785 SH   SOLE   1,200,785 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 325,601 7,311,936 SH   SOLE   7,311,589 0 347
ISHARES TR 3-7 YR TR BD ETF 464288661 32,002 261,012 SH   SOLE   261,012 0 0
ISHARES TR AGENCY BOND ETF 464288166 57,183 505,376 SH   SOLE   505,376 0 0
ISHARES TR CALI AMT-FRE ETF 464288356 1,427 12,077 SH   SOLE   12,077 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 48,293 1,368,479 SH   SOLE   1,368,479 0 0
ISHARES TR CMBS ETF 46429B366 25,962 512,474 SH   SOLE   512,474 0 0
ISHARES TR EAFE SML CP ETF 464288273 102,757 2,057,185 SH   SOLE   2,057,185 0 0
ISHARES TR IBOXX INV CP ETF 464287242 115,876 1,016,373 SH   SOLE   1,016,373 0 0
ISHARES TR INTERM CR BD ETF 464288638 25,996 242,315 SH   SOLE   242,315 0 0
ISHARES TR MBS ETF 464288588 496 4,606 SH   SOLE   4,606 0 0
ISHARES TR MICRO-CAP ETF 464288869 46,058 638,807 SH   SOLE   638,807 0 0
ISHARES TR RUS 1000 ETF 464287622 379,067 3,345,400 SH   SOLE   3,345,400 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 129,180 1,147,049 SH   SOLE   1,147,049 0 0
ISHARES TR TIPS BD ETF 464287176 4,125 37,612 SH   SOLE   37,612 0 0
ISHARES TR U.S. PFD STK ETF 464288687 939 24,178 SH   SOLE   24,178 0 0
MARKET VECTORS ETF TR JP MORGAN EM LC 57060U522 227,958 13,409,285 SH   SOLE   13,408,560 0 725
MARKET VECTORS ETF TR MKTVEC INTMUETF 57060U845 6,862 286,287 SH   SOLE   286,287 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 142,999 1,560,787 SH   SOLE   1,560,787 0 0
POWERSHARES ACT MANG COMM FD DB OPT YLD DIV 73937V106 177,766 11,387,900 SH   SOLE   11,387,900 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 51,357 591,464 SH   SOLE   591,464 0 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 48,602 517,647 SH   SOLE   517,647 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,419 63,315 SH   SOLE   63,315 0 0
POWERSHARES GLOBAL ETF TRUST DEV MKTS EX-US 73936T789 52,603 1,453,112 SH   SOLE   1,453,112 0 0
POWERSHARES GLOBAL ETF TRUST EMER MRKT PORT 73936T763 21,314 1,529,014 SH   SOLE   1,529,014 0 0
POWERSHARES GLOBAL ETF TRUST EX US SML PORT 73936T771 25,053 966,601 SH   SOLE   966,601 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 157,307 8,062,918 SH   SOLE   8,062,549 0 369
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 443,844 16,104,643 SH   SOLE   16,104,279 0 364
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 178,990 6,208,438 SH   SOLE   6,208,226 0 212
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 102,924 1,920,232 SH   SOLE   1,920,207 0 25
SCHWAB STRATEGIC TR SCHWAB FDT US LG 808524771 517,604 18,072,765 SH   SOLE   18,071,953 0 812
SCHWAB STRATEGIC TR SCHWAB FDT US SC 808524763 270,357 9,665,966 SH   SOLE   9,665,479 0 487
SCHWAB STRATEGIC TR SCHWB FDT EMK LG 808524730 206,980 11,291,889 SH   SOLE   11,291,354 0 535
SCHWAB STRATEGIC TR SCHWB FDT INT LG 808524755 332,204 13,946,422 SH   SOLE   13,945,787 0 635
SCHWAB STRATEGIC TR SCHWB FDT INT SC 808524748 213,810 8,034,644 SH   SOLE   8,034,252 0 392
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 27,371 709,823 SH   SOLE   709,823 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 555,491 11,436,929 SH   SOLE   11,436,593 0 336
SCHWAB STRATEGIC TR US REIT ETF 808524847 244,684 6,172,652 SH   SOLE   6,172,488 0 164
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 255,961 4,914,289 SH   SOLE   4,914,132 0 157
SCHWAB STRATEGIC TR US TIPS ETF 808524870 36,557 688,064 SH   SOLE   688,064 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 109,343 1,398,945 SH   SOLE   1,398,945 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 106,073 4,451,246 SH   SOLE   4,451,246 0 0
SPDR INDEX SHS FDS S&P GLBDIV ETF 78463X459 1,790 31,424 SH   SOLE   31,424 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 14,374 430,878 SH   SOLE   430,878 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 81,188 2,394,204 SH   SOLE   2,394,204 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 125,135 1,365,663 SH   SOLE   1,365,663 0 0
SPDR SERIES TRUST INTR TRM CORP BD 78464A375 83,678 2,503,072 SH   SOLE   2,503,015 0 57
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 50,816 2,084,322 SH   SOLE   2,084,322 0 0
SPDR SERIES TRUST NUVN CALI MUNI 78464A441 22,378 922,425 SH   SOLE   922,425 0 0
SPDR SERIES TRUST WELLS FG PFD ETF 78464A292 11,147 249,459 SH   SOLE   249,459 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203J407 135,456 2,561,572 SH   SOLE   2,561,472 0 100
VANGUARD INDEX FDS REIT ETF 922908553 1,243 15,593 SH   SOLE   15,593 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 60,688 324,656 SH   SOLE   324,656 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 26,840 242,582 SH   SOLE   242,582 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 5,346 57,564 SH   SOLE   57,564 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 101,113 1,978,730 SH   SOLE   1,978,652 0 78
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 582,774 11,054,142 SH   SOLE   11,054,010 0 132
VANGUARD STAR FD VG TL INTL STK F 921909768 770 17,076 SH   SOLE   17,076 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 404,980 11,028,862 SH   SOLE   11,028,862 0 0
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 45,988 621,793 SH   SOLE   621,793 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 1,269 19,004 SH   SOLE   19,004 0 0
VANGUARD WORLD FD MEGA CAP VAL ETF 921910840 499 8,450 SH   SOLE   8,450 0 0