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
Dreyfus Strategic Municipals, ETF 261932107 328 38,140 SH   SOLE   38,140 0 0
Guggenheim BulletShares 2019 C ETF 18383m522 256 12,066 SH   SOLE   12,066 0 0
Guggenheim BulletShares 2020 C ETF 18383m514 207 9,694 SH   SOLE   9,694 0 0
Guggenheim S&P 500 Pure Growth ETF 78355w403 38,038 424,153 SH   SOLE   424,153 0 0
iShares Core S&P Mid-Cap ETF ETF 464287507 553 3,227 SH   SOLE   3,227 0 0
iShares Core Total US Bond Mar ETF 464287226 2,857 26,336 SH   SOLE   26,336 0 0
iShares Dow Jones Select Divid ETF 464287168 4,759 52,235 SH   SOLE   52,235 0 0
iShares FTSE NAREIT Residentia ETF 464288562 228 3,611 SH   SOLE   3,376 0 235
iShares High Dividend Fund ETF 46429b663 345 4,112 SH   SOLE   4,112 0 0
iShares iBoxx High Yield Corp ETF 464288513 537 6,121 SH   SOLE   6,032 0 89
iShares iBoxx Investment Grade ETF 464287242 403 3,422 SH   SOLE   3,422 0 0
iShares JPMorgan USD Emerging ETF 464288281 486 4,276 SH   SOLE   4,146 0 130
iShares MSCI EAFE ETF 464287465 2,796 44,886 SH   SOLE   44,886 0 0
iShares MSCI Emerging Markets ETF 464287234 2,480 62,956 SH   SOLE   62,956 0 0
iShares Russell 1000 Growth ETF 464287614 27,784 244,146 SH   SOLE   244,146 0 0
iShares Russell 1000 Value ETF 464287598 17,567 152,839 SH   SOLE   152,839 0 0
iShares Russell 2000 Index ETF 464287655 5,663 41,195 SH   SOLE   41,195 0 0
iShares Russell 2000 Value ETF 464287630 864 7,311 SH   SOLE   7,311 0 0
iShares Russell Midcap ETF 464287499 4,201 22,444 SH   SOLE   22,444 0 0
iShares S&P 500 Barra Value ETF 464287408 1,632 15,691 SH   SOLE   15,691 0 0
iShares S&P Mid Cap Growth ETF 464287606 278 1,456 SH   SOLE   1,456 0 0
iShares S&P Midcap 400 Value E ETF 464287705 1,053 7,096 SH   SOLE   7,096 0 0
iShares S&P US Preferred Stock ETF 464288687 2,108 54,464 SH   SOLE   54,464 0 0
PowerShares Buyback Achievers ETF 73935x286 554 10,658 SH   SOLE   10,658 0 0
Powershares Emerging Market So ETF 73936t573 859 29,550 SH   SOLE   29,550 0 0
PowerShares FTSE RAFI US 1500 ETF 73935x567 5,946 51,070 SH   SOLE   51,070 0 0
PowerShares Fundamental High Y ETF 73936t557 341 18,137 SH   SOLE   18,137 0 0
Real Estate Select Sector SPDR ETF 81369Y860 258 8,158 SH   SOLE   0 0 8,158
S&P Depositary Receipts S&P 50 ETF 78462f103 7,067 29,980 SH   SOLE   29,980 0 0
Schwab Emerging Markets Equity ETF 808524706 2,142 89,368 SH   SOLE   89,368 0 0
Schwab International Equity ETF 808524805 200 6,702 SH   SOLE   6,702 0 0
Schwab US Aggregate Bond ETF 808524839 1,435 27,709 SH   SOLE   24,615 0 3,094
Schwab US Large-Cap Growth ETF 808524300 46,146 762,990 SH   SOLE   761,606 0 1,384
Schwab US Large-Cap Value ETF 808524409 1,101 22,170 SH   SOLE   21,242 0 928
Schwab US Mid-Cap ETF 808524508 5,708 120,610 SH   SOLE   119,946 0 664
Schwab US REIT ETF 808524847 1,743 42,752 SH   SOLE   42,752 0 0
Schwab US Small-Cap ETF 808524607 8,665 137,583 SH   SOLE   136,604 0 979
SPDR Barclays Short Term Corp ETF 78464a474 640 20,907 SH   SOLE   19,907 0 1,000
SPDR Barclays Short Term High ETF 78468r408 401 14,333 SH   SOLE   14,058 0 275
SPDR Consumer Discretionary ETF 81369y407 1,442 16,400 SH   SOLE   0 0 16,400
SPDR Consumer Staples Sector ETF 81369y308 1,299 23,800 SH   SOLE   0 0 23,800
SPDR Financial Sector ETF 81369y605 1,595 67,233 SH   SOLE   0 0 67,233
SPDR Health Care Sector ETF 81369y209 1,234 16,600 SH   SOLE   0 0 16,600
SPDR Industrials Sector ETF 81369y704 1,016 15,618 SH   SOLE   0 0 15,618
SPDR Technology Sector ETF 81369y803 2,267 42,528 SH   SOLE   0 0 42,528
Vanguard Bond Index Fund ETF 921937819 908 10,861 SH   SOLE   10,861 0 0
Vanguard Growth ETF 922908736 1,593 13,096 SH   SOLE   13,096 0 0
Vanguard Large-Cap ETF 922908637 232 2,149 SH   SOLE   2,149 0 0
Vanguard Mid-Cap ETF 922908629 2,405 17,274 SH   SOLE   17,274 0 0
Vanguard Small-Cap ETF 922908751 2,469 18,527 SH   SOLE   18,527 0 0
WisdomTree Europe Hedged Equit ETF 97717x701 1,866 29,713 SH   SOLE   29,713 0 0
WisdomTree Japan Total Dividen ETF 97717w851 1,064 21,026 SH   SOLE   21,026 0 0
Buckeye Partners LP MLPS 118230101 2,163 31,556 SH   SOLE   31,556 0 0
Energy Transfer Equity LP MLPS 29273V100 1,837 93,091 SH   SOLE   93,091 0 0
Enterprise Products Partners L MLPS 293792107 3,038 110,020 SH   SOLE   110,020 0 0
Genesis Energy LP MLPS 371927104 1,518 46,823 SH   SOLE   46,823 0 0
Magellan Midstream Partners LP MLPS 559080106 3,188 41,450 SH   SOLE   41,450 0 0
MPLX Lp MLPS 55336V100 1,550 42,955 SH   SOLE   42,955 0 0
NGL Energy Partners LP MLPS 62913m107 642 28,403 SH   SOLE   28,403 0 0
Oneok Partners LP MLPS 68268n103 2,356 43,636 SH   SOLE   43,636 0 0
Plains All American Pipline LP MLPS 726503105 1,610 50,943 SH   SOLE   50,943 0 0
Western Gas Partners LP MLPS 958254104 2,234 36,956 SH   SOLE   36,956 0 0
Williams Partners LP MLPS 96949l105 1,738 42,572 SH   SOLE   42,572 0 0
Adverum Biotechnologies, Inc Common Stock 00773U108 64 23,746 SH   SOLE   23,746 0 0
Apple Computer Inc. Common Stock 037833100 354 2,465 SH   SOLE   2,465 0 0
Bemis Company Inc. Common Stock 081437105 303 6,210 SH   SOLE   6,210 0 0
Berkshire Hathaway Cl B Common Stock 084670702 257 1,540 SH   SOLE   1,540 0 0
Black Diamond, Inc Common Stock 09202G101 125 22,948 SH   SOLE   22,948 0 0
Boulevard Acquisition Corp. II Common Stock 10157q102 100 10,020 SH   SOLE   10,020 0 0
Century Communities, Inc. Common Stock 156504300 321 12,634 SH   SOLE   12,634 0 0
Cisco Systems Inc. Common Stock 17275r102 324 9,581 SH   SOLE   9,581 0 0
Fifth Street Finance Corp. Common Stock 31678a103 179 38,803 SH   SOLE   38,803 0 0
FS Investment Corp II - BDC Common Stock 35952V105 101 11,374 SH   SOLE   11,374 0 0
GDL Fund Common Stock 361570104 323 32,803 SH   SOLE   32,803 0 0
GSV Capital Corp Common Stock 36191J101 91 20,305 SH   SOLE   20,305 0 0
Home Depot Inc. Common Stock 437076102 276 1,877 SH   SOLE   0 0 1,877
Johnson Controls, Inc. Common Stock 478366107 223 5,283 SH   SOLE   0 0 5,283
Lockheed Martin Common Stock 539830109 486 1,816 SH   SOLE   0 0 1,816
MFC Bancorp Ltd Common Stock 55278T105 56 31,555 SH   SOLE   31,555 0 0
Owens Realty Mortgage, Inc. Common Stock 690828108 261 14,653 SH   SOLE   14,653 0 0
Raytheon Company Common Stock 755111507 230 1,506 SH   SOLE   0 0 1,506
Richardson Electronics, Ltd. Common Stock 763165107 277 46,015 SH   SOLE   46,015 0 0
Rocky Brands, Inc Common Stock 774515100 175 15,121 SH   SOLE   15,121 0 0
Ruby Tuesday, Inc Common Stock 781182100 140 49,658 SH   SOLE   49,658 0 0
Sherwin-Williams Co. Common Stock 824348106 319 1,027 SH   SOLE   0 0 1,027
Silver Bay Realty Trust Corp Common Stock 82735q102 262 12,213 SH   SOLE   12,213 0 0
Tropicana Entertainment Inc. Common Stock 89708x105 232 7,258 SH   SOLE   7,258 0 0
VOXX International Corp Common Stock 91829f104 246 47,364 SH   SOLE   47,364 0 0