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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGF INVTS TR US MARKET NETRL 00110G408   1,275,261 64,998 SH   SOLE   64,998 0 0
ALPS ETF TR OSHARES US QUALT 00162Q387   5,267,654 106,159 SH   SOLE   106,159 0 0
ALPS ETF TR ALERIAN MLP 00162Q452   2,531,041 52,752 SH   SOLE   52,752 0 0
DOUBLELINE ETF TRUST OPPORTUNISTIC BD 25861R105   1,223,322 26,945 SH   SOLE   26,945 0 0
FIDELITY COVINGTON TRUST MSCI CONSM DIS 316092204   4,043,920 49,919 SH   SOLE   49,919 0 0
FIDELITY COVINGTON TRUST MSCI COMMNTN SVC 316092873   4,308,054 82,482 SH   SOLE   82,482 0 0
FIRST TR EXCHANGE TRADED FD NASDQ CLN EDGE 33737A108   496,647 4,297 SH   SOLE   4,297 0 0
GLOBAL X FDS GBL X FTSE ETF 37950E648   563,028 38,776 SH   SOLE   38,776 0 0
INVESCO EXCH TRADED FD TR II S&P 500 HB ETF 46138E370   504,589 5,975 SH   SOLE   5,975 0 0
INVESCO EXCHANGE TRADED FD T S&P500 PUR VAL 46137V258   1,260,309 15,108 SH   SOLE   15,108 0 0
ISHARES INC MSCI EMRG CHN 46434G764   1,785,472 30,160 SH   SOLE   30,160 0 0
ISHARES TR NATIONAL MUN ETF 464288414   2,471,321 23,194 SH   SOLE   23,194 0 0
ISHARES TR INTRM GOV CR ETF 464288612   389,073 3,751 SH   SOLE   3,751 0 0
ISHARES TR GOV/CRED BD ETF 464288596   287,790 2,802 SH   SOLE   2,802 0 0
ISHARES TR RUS MID CAP ETF 464287499   289,212 3,567 SH   SOLE   3,567 0 0
ISHARES TR LATN AMER 40 ETF 464287390   359,565 14,522 SH   SOLE   14,522 0 0
ISHARES TR USD INV GRDE ETF 464288620   3,996,565 79,597 SH   SOLE   79,597 0 0
ISHARES TR S&P MC 400VL ETF 464287705   232,253 2,047 SH   SOLE   2,047 0 0
ISHARES TR RUS 1000 VAL ETF 464287598   3,011,178 17,259 SH   SOLE   17,259 0 0
ISHARES TR CORE US AGGBD ET 464287226   4,048,954 41,712 SH   SOLE   41,712 0 0
ISHARES TR MSCI INDIA ETF 46429B598   1,057,645 18,961 SH   SOLE   18,961 0 0
POWERSHARES ACTIVELY MANAGED VAR RATE INVT 46090A879   3,773,187 150,087 SH   SOLE   150,087 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870   1,522,957 29,282 SH   SOLE   29,282 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308   4,110,205 53,672 SH   SOLE   53,672 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   4,077,473 99,184 SH   SOLE   99,184 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209   4,021,210 27,590 SH   SOLE   27,590 0 0
SELECT SECTOR SPDR TR INDL 81369Y704   4,016,264 32,955 SH   SOLE   32,955 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   4,440,334 48,715 SH   SOLE   48,715 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886   4,289,036 62,944 SH   SOLE   62,944 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100   3,968,050 44,933 SH   SOLE   44,933 0 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860   3,919,522 102,044 SH   SOLE   102,044 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803   4,333,668 19,156 SH   SOLE   19,156 0 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889   1,670,795 47,628 SH   SOLE   47,628 0 0
SPDR SER TR S&P BK ETF 78464A797   217,152 4,681 SH   SOLE   4,681 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   1,510,851 10,386 SH   SOLE   10,386 0 0
SPDR SER TR S&P CAP MKTS 78464A771   515,606 4,675 SH   SOLE   4,675 0 0
SPDR SER TR PORTFOLIO AGRGTE 78464A649   14,294,601 569,733 SH   SOLE   569,733 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629   5,018,007 20,727 SH   SOLE   20,727 0 0
VANGUARD INDEX FDS SML CP GRW ETF 922908595   2,414,755 9,654 SH   SOLE   9,654 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775   3,411,961 58,185 SH   SOLE   58,185 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742   248,440 2,206 SH   SOLE   2,206 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   1,227,555 15,886 SH   SOLE   15,886 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813   2,651,686 34,955 SH   SOLE   34,955 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   6,120,321 123,843 SH   SOLE   123,843 0 0
WISDOMTREE TR BLMBG US BULL 97717W471   2,791,760 103,055 SH   SOLE   103,055 0 0
WISDOMTREE TR CHINADIV EX FI 97717X719   1,881,561 70,922 SH   SOLE   70,922 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422   2,070,582 42,887 SH   SOLE   42,887 0 0