CLS Investments 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	28,290	166,345	SH		SOLE	0	159,286	0	7,059
ISHARES	MSCI HONG KG ETF	464286871	348	17,108	SH		SOLE	0	0	0	17,108
ISHARES	EMU ETF	464286608	4,759	123,600	SH		SOLE	1	123,600	0	0
ISHARES TR	EUROPE ETF	464287861	1,233	27,344	SH		SOLE	0	0	0	27,344
ISHARES TR	CORE S&P500 ETF	464287200	781	3,940	SH		SOLE	1	3,940	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	32,812	307,172	SH		SOLE	0	275,015	0	32,157
ISHARES TR	RUS 1000 VAL ETF	464287598	23,017	229,965	SH		SOLE	0	67,000	0	162,965
ISHARES TR	RUSSELL 3000 ETF	464287689	597	5,111	SH		SOLE	0	0	0	5,111
ISHARES TR	U.S. REAL ES ETF	464287739	4,145	59,896	SH		SOLE	0	0	0	59,896
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	5,952	23,874	SH		SOLE	0	18,683	0	5,191
SPDR S&P 500 ETF TR	TR UNIT	78462F103	24,319	123,435	SH		SOLE	0	117,890	0	5,545
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	3,983	28,836	SH		SOLE	0	27,230	0	1,606
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	11	200	SH		SOLE	0	0	0	200
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	12,398	125,494	SH		SOLE	1	125,494	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	57,456	581,594	SH		SOLE	0	577,420	0	4,174
CONAGRA FOODS INC	COM	205887102	1	17	SH		SOLE	0	0	0	17
ALTRIA GROUP INC	COM	02209S103	14	315	SH		SOLE	0	0	0	315
SHERWIN WILLIAMS CO	COM	824348106	145	664	SH		SOLE	0	0	0	664
MEDTRONIC INC	COM	585055106	25	400	SH		SOLE	0	0	0	400
LOWES COS INC	COM	548661107	6	114	SH		SOLE	0	0	0	114
ISHARES TR	MSCI EAFE ETF	464287465	78,191	1,219,446	SH		SOLE	0	1,172,120	0	47,326
MICROSOFT CORP	COM	594918104	19	400	SH		SOLE	0	0	0	400
ISHARES TR	LATN AMER 40 ETF	464287390	715	19,388	SH		SOLE	0	18,700	0	688
CITIGROUP INC	COM NEW	172967424	8	162	SH		SOLE	0	0	0	162
CA INC	COM	12673P105	30	1,061	SH		SOLE	0	0	0	1,061
INTERNATIONAL BUSINESS MACHS	COM	459200101	11	57	SH		SOLE	0	0	0	57
LOCKHEED MARTIN CORP	COM	539830109	45	246	SH		SOLE	0	0	0	246
PPG INDS INC	COM	693506107	12	59	SH		SOLE	0	0	0	59
ISHARES	MSCI CDA ETF	464286509	91	2,952	SH		SOLE	0	0	0	2,952
ISHARES TR	RUS MID-CAP ETF	464287499	306	1,935	SH		SOLE	1	1,935	0	0
ISHARES TR	RUS MID-CAP ETF	464287499	3,912	24,707	SH		SOLE	0	17,230	0	7,477
ISHARES TR	RUS MD CP GR ETF	464287481	16,170	183,017	SH		SOLE	0	36,000	0	147,017
ISHARES TR	GLOBAL ENERG ETF	464287341	1,898	43,293	SH		SOLE	1	43,293	0	0
ISHARES TR	GLOBAL ENERG ETF	464287341	12,672	289,051	SH		SOLE	0	285,933	0	3,118
ISHARES TR	GLOB HLTHCRE ETF	464287325	4,397	45,000	SH		SOLE	0	45,000	0	0
ISHARES TR	US HLTHCARE ETF	464287762	4,307	32,056	SH		SOLE	0	32,000	0	56
ISHARES TR	U.S. INDS ETF	464287754	7,989	79,000	SH		SOLE	0	79,000	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	3,754	75,700	SH		SOLE	0	75,700	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	8,499	93,783	SH		SOLE	1	93,783	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	35,232	1,520,604	SH		SOLE	0	1,519,157	0	1,447
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	565	10,632	SH		SOLE	1	10,632	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	4,976	110,310	SH		SOLE	1	110,310	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	5,427	84,910	SH		SOLE	1	84,910	0	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	1,428	8,394	SH		SOLE	1	8,394	0	0
ISHARES	EMU ETF	464286608	27,287	708,763	SH		SOLE	0	703,200	0	5,563
ISHARES TR	CORE S&P MCP ETF	464287507	18,985	138,839	SH		SOLE	0	32,300	0	106,539
ISHARES TR	S&P MC 400GR ETF	464287606	96	637	SH		SOLE	0	0	0	637
ISHARES TR	S&P 500 VAL ETF	464287408	21,318	236,678	SH		SOLE	0	204,300	0	32,378
ISHARES TR	CORE S&P500 ETF	464287200	25,679	129,521	SH		SOLE	0	116,520	0	13,001
ISHARES TR	RUS 1000 GRW ETF	464287614	10,659	116,322	SH		SOLE	1	116,322	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	100,062	1,092,020	SH		SOLE	0	674,040	0	417,980
ISHARES TR	RUSSELL 2000 ETF	464287655	5,752	52,599	SH		SOLE	0	41,300	0	11,299
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	261	1,047	SH		SOLE	1	1,047	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	418	2,120	SH		SOLE	1	2,120	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	0	2	SH		SOLE	0	0	0	2
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	424	3,070	SH		SOLE	1	3,070	0	0
BOEING CO	COM	097023105	179	1,403	SH		SOLE	0	0	0	1,403
HORMEL FOODS CORP	COM	440452100	581	11,304	SH		SOLE	0	0	0	11,304
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	162	3,516	SH		SOLE	0	0	0	3,516
INTEL CORP	COM	458140100	216	6,192	SH		SOLE	0	0	0	6,192
QUALCOMM INC	COM	747525103	568	7,593	SH		SOLE	0	0	0	7,593
DISNEY WALT CO	COM DISNEY	254687106	606	6,803	SH		SOLE	0	0	0	6,803
JOHNSON & JOHNSON	COM	478160104	61	568	SH		SOLE	0	0	0	568
PFIZER INC	COM	717081103	187	6,327	SH		SOLE	0	0	0	6,327
ISHARES	US OIL EQ&SV ETF	464288844	929	14,000	SH		SOLE	0	14,000	0	0
ISHARES TR	MSCI EAFE ETF	464287465	12,358	192,726	SH		SOLE	1	192,726	0	0
CHEVRON CORP NEW	COM	166764100	44	371	SH		SOLE	0	0	0	371
MOLSON COORS BREWING CO	CL B	60871R209	181	2,426	SH		SOLE	0	0	0	2,426
CISCO SYS INC	COM	17275R102	2	92	SH		SOLE	0	0	0	92
ISHARES	MSCI GERMANY ETF	464286806	1,193	43,060	SH		SOLE	0	0	0	43,060
ISHARES	MSCI ITALCPD ETF	464286855	119	7,560	SH		SOLE	1	7,560	0	0
ISHARES	MSCI ITALCPD ETF	464286855	3,487	222,222	SH		SOLE	0	222,000	0	222
ISHARES TR	GLOBAL 100 ETF	464287572	10,623	137,130	SH		SOLE	1	137,130	0	0
ISHARES TR	GLOBAL 100 ETF	464287572	37,410	482,900	SH		SOLE	0	482,900	0	0
ISHARES TR	GLOB HLTHCRE ETF	464287325	98	1,000	SH		SOLE	1	1,000	0	0
ISHARES TR	GLOBAL TECH ETF	464287291	201	2,200	SH		SOLE	1	2,200	0	0
ISHARES TR	GLOBAL TECH ETF	464287291	4,667	51,000	SH		SOLE	0	51,000	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	277	5,580	SH		SOLE	1	5,580	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	35,570	392,522	SH		SOLE	0	392,430	0	92
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	8,568	369,810	SH		SOLE	1	369,810	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	5,113	96,200	SH		SOLE	0	96,200	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	13,948	349,566	SH		SOLE	1	349,566	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	51,129	1,281,418	SH		SOLE	0	1,274,130	0	7,288
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	19,857	440,201	SH		SOLE	0	440,200	0	1
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	18,745	293,301	SH		SOLE	0	293,300	0	1
ISHARES	MSCI BRZ CAP ETF	464286400	138	3,180	SH		SOLE	1	3,180	0	0
ISHARES	MSCI TAIWAN ETF	464286731	7	432	SH		SOLE	0	0	0	432
ISHARES	MSCI BRZ CAP ETF	464286400	2,368	54,500	SH		SOLE	0	54,500	0	0
ISHARES	MSCI MEX CAP ETF	464286822	122	1,780	SH		SOLE	1	1,780	0	0
ISHARES	MSCI MEX CAP ETF	464286822	1,608	23,400	SH		SOLE	0	23,400	0	0
ISHARES	MSCI SPAN CP ETF	464286764	2,062	53,000	SH		SOLE	0	53,000	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	23,154	300,897	SH		SOLE	1	300,897	0	0
BANK AMER CORP	COM	060505104	33	1,960	SH		SOLE	0	0	0	1,960
UNION PAC CORP	COM	907818108	588	5,421	SH		SOLE	0	0	0	5,421
BAXTER INTL INC	COM	071813109	7	100	SH		SOLE	0	0	0	100
TOTAL S A	SPONSORED ADR	89151E109	158	2,454	SH		SOLE	0	0	0	2,454
CVS HEALTH CORP	COM	126650100	586	7,358	SH		SOLE	0	0	0	7,358
GENERAL ELECTRIC CO	COM	369604103	17	681	SH		SOLE	0	0	0	681
KIMBERLY CLARK CORP	COM	494368103	169	1,572	SH		SOLE	0	0	0	1,572
GILEAD SCIENCES INC	COM	375558103	11	100	SH		SOLE	0	0	0	100
LEVEL 3 COMMUNICATIONS INC	COM NEW	52729N308	43	938	SH		SOLE	0	0	0	938
MONDELEZ INTL INC	CL A	609207105	110	3,219	SH		SOLE	0	0	0	3,219
PRICELINE GRP INC	COM NEW	741503403	10	9	SH		SOLE	0	0	0	9
ISHARES TR	1-3 YR TR BD ETF	464287457	461	5,460	SH		SOLE	1	5,460	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	2,187	18,500	SH		SOLE	1	18,500	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	80	5,378	SH		SOLE	0	0	0	5,378
UNITEDHEALTH GROUP INC	COM	91324P102	582	6,749	SH		SOLE	0	0	0	6,749
SOUTHWEST AIRLS CO	COM	844741108	486	14,384	SH		SOLE	0	0	0	14,384
ENCANA CORP	COM	292505104	2	105	SH		SOLE	0	0	0	105
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	13	155	SH		SOLE	0	0	0	155
MARSH & MCLENNAN COS INC	COM	571748102	11	201	SH		SOLE	0	0	0	201
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	10,814	106,814	SH		SOLE	0	67,060	0	39,754
SMUCKER J M CO	COM NEW	832696405	159	1,611	SH		SOLE	0	0	0	1,611
APPLE INC	COM	037833100	999	9,913	SH		SOLE	0	0	0	9,913
ALLSTATE CORP	COM	020002101	551	8,984	SH		SOLE	0	0	0	8,984
ISHARES TR	MSCI EMG MKT ETF	464287234	1,667	40,100	SH		SOLE	1	40,100	0	0
PETSMART INC	COM	716768106	668	9,527	SH		SOLE	0	0	0	9,527
ISHARES TR	NA TEC-SFTWR ETF	464287515	389	4,494	SH		SOLE	1	4,494	0	0
ISHARES TR	S&P 100 ETF	464287101	67,003	760,011	SH		SOLE	0	213,000	0	547,011
NATIONAL OILWELL VARCO INC	COM	637071101	511	6,709	SH		SOLE	0	0	0	6,709
ACTAVIS PLC	SHS	G0083B108	394	1,632	SH		SOLE	0	0	0	1,632
AVERY DENNISON CORP	COM	053611109	321	7,193	SH		SOLE	0	0	0	7,193
MYLAN INC	COM	628530107	20	450	SH		SOLE	0	0	0	450
ISHARES TR	CORE US AGGBD ET	464287226	11,923	109,274	SH		SOLE	0	90,626	0	18,648
ARRIS GROUP INC NEW	COM	04270V106	326	11,492	SH		SOLE	0	0	0	11,492
W P CAREY INC	COM	92936U109	178	2,799	SH		SOLE	0	0	0	2,799
ISHARES TR	TIPS BD ETF	464287176	7,750	69,150	SH		SOLE	1	69,150	0	0
ISHARES TR	TIPS BD ETF	464287176	31,327	279,527	SH		SOLE	0	276,248	0	3,279
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	12	270	SH		SOLE	0	0	0	270
SEI INVESTMENTS CO	COM	784117103	72	2,000	SH		SOLE	0	0	0	2,000
WEYERHAEUSER CO	COM	962166104	162	5,088	SH		SOLE	0	0	0	5,088
AVNET INC	COM	053807103	333	8,028	SH		SOLE	0	0	0	8,028
ISHARES	MRGSTR MD CP ETF	464288208	145	1,045	SH		SOLE	0	0	0	1,045
RYDER SYS INC	COM	783549108	349	3,875	SH		SOLE	0	0	0	3,875
SNAP ON INC	COM	833034101	177	1,459	SH		SOLE	0	0	0	1,459
MAGNA INTL INC	COM	559222401	834	8,785	SH		SOLE	0	0	0	8,785
POWERSHARES ETF TRUST	DYNAMIC MKT PT	73935X104	5,610	78,000	SH		SOLE	0	78,000	0	0
AETNA INC NEW	COM	00817Y108	16	200	SH		SOLE	0	0	0	200
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	598	5,110	SH		SOLE	1	5,110	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	8,439	72,133	SH		SOLE	0	67,050	0	5,083
VANGUARD INDEX FDS	MID CAP ETF	922908629	1,038	8,849	SH		SOLE	0	0	0	8,849
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	2,314	21,000	SH		SOLE	0	21,000	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	2	65	SH		SOLE	0	0	0	65
VANGUARD INDEX FDS	SMALL CP ETF	922908751	18,245	164,915	SH		SOLE	0	53,750	0	111,165
VANGUARD INDEX FDS	GROWTH ETF	922908736	994	9,971	SH		SOLE	1	9,971	0	0
POWERSHARES ETF TRUST	DYN PHRMA PORT	73935X799	4,137	65,000	SH		SOLE	0	65,000	0	0
FOSTER WHEELER AG	COM	H27178104	3	100	SH		SOLE	0	0	0	100
WOLVERINE WORLD WIDE INC	COM	978097103	6	230	SH		SOLE	0	0	0	230
TENNECO INC	COM	880349105	524	10,026	SH		SOLE	0	0	0	10,026
ROCK-TENN CO	CL A	772739207	11	230	SH		SOLE	0	0	0	230
PVH CORP	COM	693656100	614	5,070	SH		SOLE	0	0	0	5,070
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	577	15,553	SH		SOLE	0	0	0	15,553
POWERSHARES ETF TRUST	S&P 500 HGH QLTY	73935X682	9,236	428,000	SH		SOLE	0	428,000	0	0
AMERICAN STS WTR CO	COM	029899101	12	400	SH		SOLE	0	0	0	400
THERMO FISHER SCIENTIFIC INC	COM	883556102	423	3,478	SH		SOLE	0	0	0	3,478
ISHARES	EAFE VALUE ETF	464288877	3,299	60,338	SH		SOLE	0	16,000	0	44,338
ISHARES	EAFE GRWTH ETF	464288885	12,433	182,596	SH		SOLE	0	0	0	182,596
FUEL TECH INC	COM	359523107	0	100	SH		SOLE	0	0	0	100
BLACKROCK MUNIYIELD CALI QLT	COM	09254N103	38	2,623	SH		SOLE	0	0	0	2,623
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	441	18,981	SH		SOLE	1	18,981	0	0
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	10,121	435,879	SH		SOLE	0	419,800	0	16,079
RYDEX ETF TRUST	GUG RUSS TOP 50	78355W205	174	1,257	SH		SOLE	0	0	0	1,257
ATWOOD OCEANICS INC	COM	050095108	9	200	SH		SOLE	0	0	0	200
VANGUARD WORLD FDS	INF TECH ETF	92204A702	3,923	39,200	SH		SOLE	1	39,200	0	0
SPDR INDEX SHS FDS	STOXX EUR 50 ETF	78463X103	4,712	128,210	SH		SOLE	0	0	0	128,210
SPDR SERIES TRUST	NUVN BR SHT MUNI	78464A425	919	37,665	SH		SOLE	1	37,665	0	0
SPDR SERIES TRUST	NUVN BR SHT MUNI	78464A425	17,588	720,655	SH		SOLE	0	403,908	0	316,747
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	320	15,000	SH		SOLE	1	15,000	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	1,281	60,000	SH		SOLE	0	60,000	0	0
BARCLAYS BK PLC	DJUBS CMDT ETN36	06738C778	13,695	398,463	SH		SOLE	0	0	0	398,463
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	52,700	954,372	SH		SOLE	0	371,500	0	582,872
ISHARES	U.S. INSRNCE ETF	464288786	3,534	75,000	SH		SOLE	0	75,000	0	0
WISDOMTREE TR	INTL SMCAP DIV	97717W760	2,918	49,300	SH		SOLE	0	49,300	0	0
ISHARES TR	MSCI UTD KNGDM	46434V548	1,008	52,000	SH		SOLE	0	52,000	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	130,368	1,694,194	SH		SOLE	0	1,152,316	0	541,878
AMETEK INC NEW	COM	031100100	8	157	SH		SOLE	0	0	0	157
EXXON MOBIL CORP	COM	30231G102	28	296	SH		SOLE	0	0	0	296
APPLIED MATLS INC	COM	038222105	1	25	SH		SOLE	0	0	0	25
PROCTER & GAMBLE CO	COM	742718109	8	100	SH		SOLE	0	0	0	100
HOME DEPOT INC	COM	437076102	42	454	SH		SOLE	0	0	0	454
HARLEY DAVIDSON INC	COM	412822108	510	8,769	SH		SOLE	0	0	0	8,769
MCDONALDS CORP	COM	580135101	11	115	SH		SOLE	0	0	0	115
NIKE INC	CL B	654106103	16	180	SH		SOLE	0	0	0	180
WELLS FARGO & CO NEW	COM	949746101	110	2,120	SH		SOLE	0	0	0	2,120
ISHARES TR	1-3 YR TR BD ETF	464287457	35,367	418,491	SH		SOLE	0	405,041	0	13,450
ISHARES TR	7-10 Y TR BD ETF	464287440	7	67	SH		SOLE	0	0	0	67
ISHARES TR	20+ YR TR BD ETF	464287432	581	5,000	SH		SOLE	1	5,000	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	2,299	19,773	SH		SOLE	0	19,000	0	773
ISHARES TR	IBOXX INV CP ETF	464287242	11,098	93,876	SH		SOLE	0	89,525	0	4,351
FISERV INC	COM	337738108	24	370	SH		SOLE	0	0	0	370
TEMPLETON GLOBAL INCOME FD	COM	880198106	7	822	SH		SOLE	0	0	0	822
UNITED TECHNOLOGIES CORP	COM	913017109	7	63	SH		SOLE	0	0	0	63
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	753	7,440	SH		SOLE	1	7,440	0	0
NORFOLK SOUTHERN CORP	COM	655844108	367	3,292	SH		SOLE	0	0	0	3,292
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	2,585	22,000	SH		SOLE	0	22,000	0	0
INTL PAPER CO	COM	460146103	164	3,428	SH		SOLE	0	0	0	3,428
ISHARES TR	MSCI EMG MKT ETF	464287234	13,887	334,133	SH		SOLE	0	248,200	0	85,933
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	7,200	95,000	SH		SOLE	0	95,000	0	0
ISHARES TR	PHLX SEMICND ETF	464287523	4,256	49,000	SH		SOLE	0	49,000	0	0
ISHARES TR	NA TEC-SFTWR ETF	464287515	12,540	145,000	SH		SOLE	0	145,000	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	476	7,081	SH		SOLE	0	0	0	7,081
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	15	600	SH		SOLE	0	0	0	600
KELLOGG CO	COM	487836108	152	2,461	SH		SOLE	0	0	0	2,461
EASTMAN CHEM CO	COM	277432100	387	4,788	SH		SOLE	0	0	0	4,788
VISHAY INTERTECHNOLOGY INC	COM	928298108	314	21,952	SH		SOLE	0	0	0	21,952
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	23,657	567,173	SH		SOLE	0	0	0	567,173
ISHARES	MSCI AC ASIA ETF	464288182	8,780	143,187	SH		SOLE	0	143,000	0	187
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	828	4	SH		SOLE	0	0	0	4
BLACKROCK DEBT STRAT FD INC	COM	09255R103	2	556	SH		SOLE	0	0	0	556
ISHARES TR	SELECT DIVID ETF	464287168	18	237	SH		SOLE	0	0	0	237
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	3	219	SH		SOLE	0	0	0	219
AGL RES INC	COM	001204106	166	3,230	SH		SOLE	0	0	0	3,230
CARNIVAL CORP	PAIRED CTF	143658300	4	100	SH		SOLE	0	0	0	100
TRAVELERS COMPANIES INC	COM	89417E109	173	1,837	SH		SOLE	0	0	0	1,837
SONOCO PRODS CO	COM	835495102	153	3,901	SH		SOLE	0	0	0	3,901
CBIZ INC	COM	124805102	12	1,544	SH		SOLE	0	0	0	1,544
PROSHARES TR	PSHS SHORT DOW30	74347R701	7,750	314,260	SH		SOLE	0	311,600	0	2,660
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	37	930	SH		SOLE	0	0	0	930
WISDOMTREE TR	GLB EX UD DVD GR	97717W844	4,160	82,087	SH		SOLE	0	78,000	0	4,087
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	11,384	217,587	SH		SOLE	0	0	0	217,587
WISDOMTREE TR	LARGECAP DIVID	97717W307	63	881	SH		SOLE	0	0	0	881
WISDOMTREE TR	MIDCAP DIVI FD	97717W505	3,364	42,973	SH		SOLE	0	0	0	42,973
WISDOMTREE TR	TOTAL DIVID FD	97717W109	11	148	SH		SOLE	0	0	0	148
FIDELITY COMWLTH TR	NDQ CP IDX TRK	315912808	54	305	SH		SOLE	0	0	0	305
ISHARES TR	CORE S&P TTL STK	464287150	62	689	SH		SOLE	0	0	0	689
NUVEEN CA DIVIDEND ADV MUN F	COM	67066Y105	42	2,955	SH		SOLE	0	0	0	2,955
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	18,695	206,667	SH		SOLE	0	185,790	0	20,877
IHS INC	CL A	451734107	9	70	SH		SOLE	0	0	0	70
TRIUMPH GROUP INC NEW	COM	896818101	343	5,270	SH		SOLE	0	0	0	5,270
POWERSHARES ETF TRUST	INTL DIV ACHV	73935X716	43,518	2,351,034	SH		SOLE	0	2,350,198	0	836
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	16,838	659,011	SH		SOLE	0	658,608	0	403
SPDR SERIES TRUST	S&P REGL BKG	78464A698	1,742	46,000	SH		SOLE	0	46,000	0	0
SPDR SERIES TRUST	S&P BK ETF	78464A797	1,340	42,000	SH		SOLE	0	42,000	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	10	112	SH		SOLE	0	0	0	112
FIRST TR EXCHANGE TRADED FD	CAP STRENGTH ETF	33733E104	1,102	31,000	SH		SOLE	0	31,000	0	0
SPDR SERIES TRUST	OILGAS EQUIP	78464A748	3,535	88,000	SH		SOLE	0	88,000	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	6,038	122,630	SH		SOLE	1	122,630	0	0
ISHARES	IBOXX HI YD ETF	464288513	15,358	167,024	SH		SOLE	0	89,080	0	77,944
ISHARES	CORE US CR BD	464288620	6,135	55,512	SH		SOLE	0	33,450	0	22,062
ISHARES	1-3 YR CR BD ETF	464288646	29,262	277,947	SH		SOLE	0	67,000	0	210,947
CLAYMORE EXCHANGE TRD FD TR	GUGG SPINOFF ETF	18383M605	3,339	74,000	SH		SOLE	0	74,000	0	0
SPDR INDEX SHS FDS	ASIA PACIF ETF	78463X301	1,341	16,000	SH		SOLE	0	16,000	0	0
ISHARES	MBS ETF	464288588	233	2,159	SH		SOLE	0	0	0	2,159
ISHARES	U.S. PFD STK ETF	464288687	8,927	225,895	SH		SOLE	0	114,775	0	111,120
WISDOMTREE TR	EMERG MKTS ETF	97717W315	11,606	242,897	SH		SOLE	1	242,897	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	1,727	26,000	SH		SOLE	0	26,000	0	0
ISHARES	NAT AMT FREE BD	464288414	7,150	65,195	SH		SOLE	0	31,275	0	33,920
SPDR SERIES TRUST	NUVN BRCLY MUNI	78464A458	2,768	115,337	SH		SOLE	0	0	0	115,337
SPDR INDEX SHS FDS	EUROPE ETF	78463X608	7	191	SH		SOLE	0	0	0	191
CLAYMORE EXCHANGE TRD FD TR	GUGG TIMBER ETF	18383Q879	3,946	167,862	SH		SOLE	0	167,000	0	862
ISHARES	JP MOR EM MK ETF	464288281	1,512	13,401	SH		SOLE	1	13,401	0	0
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	3,307	133,635	SH		SOLE	0	132,000	0	1,635
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	126	5,520	SH		SOLE	1	5,520	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	5,042	220,461	SH		SOLE	0	217,000	0	3,461
SPDR SERIES TRUST	NUVN CALI MUNI	78464A441	275	11,584	SH		SOLE	0	0	0	11,584
ISHARES	INTERM CR BD ETF	464288638	11,771	107,680	SH		SOLE	0	90,380	0	17,300
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	757	18,833	SH		SOLE	0	0	0	18,833
B & G FOODS INC NEW	COM	05508R106	41	1,500	SH		SOLE	0	0	0	1,500
SOUTHERN COPPER CORP	COM	84265V105	0	2	SH		SOLE	0	0	0	2
DOVER CORP	COM	260003108	16	200	SH		SOLE	0	0	0	200
ENTERPRISE PRODS PARTNERS L	COM	293792107	44	1,082	SH		SOLE	0	0	0	1,082
ISHARES TR	CHINA LG-CAP ETF	464287184	716	18,700	SH		SOLE	0	18,700	0	0
AMPHENOL CORP NEW	CL A	032095101	10	100	SH		SOLE	0	0	0	100
ISHARES	3YRTB ETF	464288125	500	5,600	SH		SOLE	0	5,600	0	0
GOOGLE INC	CL A	38259P508	6	11	SH		SOLE	0	0	0	11
SPDR GOLD TRUST	GOLD SHS	78463V107	23	196	SH		SOLE	0	0	0	196
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	1,139	19,212	SH		SOLE	0	19,000	0	212
VANGUARD INDEX FDS	VALUE ETF	922908744	16,848	207,482	SH		SOLE	0	150,000	0	57,482
CELANESE CORP DEL	COM SER A	150870103	270	4,609	SH		SOLE	0	0	0	4,609
VANGUARD INDEX FDS	REIT ETF	922908553	210	2,926	SH		SOLE	0	0	0	2,926
INTUITIVE SURGICAL INC	COM NEW	46120E602	641	1,389	SH		SOLE	0	0	0	1,389
FOOT LOCKER INC	COM	344849104	385	6,909	SH		SOLE	0	0	0	6,909
VANGUARD INDEX FDS	SMALL CP ETF	922908751	662	5,980	SH		SOLE	1	5,980	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	36,554	366,748	SH		SOLE	0	224,110	0	142,638
HALCON RES CORP	COM NEW	40537Q209	67	16,914	SH		SOLE	0	0	0	16,914
REPUBLIC SVCS INC	COM	760759100	602	15,422	SH		SOLE	0	0	0	15,422
MOSAIC CO NEW	COM	61945C103	430	9,688	SH		SOLE	0	0	0	9,688
TREEHOUSE FOODS INC	COM	89469A104	325	4,034	SH		SOLE	0	0	0	4,034
ALPHA NATURAL RESOURCES INC	COM	02076X102	0	100	SH		SOLE	0	0	0	100
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	427	3,551	SH		SOLE	0	0	0	3,551
NRG ENERGY INC	COM NEW	629377508	3	100	SH		SOLE	0	0	0	100
POWERSHARES ETF TRUST	S&P 500 HGH QLTY	73935X682	712	33,000	SH		SOLE	1	33,000	0	0
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	2,813	32,000	SH		SOLE	0	32,000	0	0
SILVER WHEATON CORP	COM	828336107	7	352	SH		SOLE	0	0	0	352
WYNN RESORTS LTD	COM	983134107	541	2,890	SH		SOLE	0	0	0	2,890
ROYAL BK CDA MONTREAL QUE	COM	780087102	168	2,358	SH		SOLE	0	0	0	2,358
POWERSHARES ETF TRUST	DYN LSR & ENT	73935X757	2,174	65,000	SH		SOLE	0	65,000	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	38,802	387,706	SH		SOLE	0	186,650	0	201,056
VANGUARD WORLD FDS	INDUSTRIAL ETF	92204A603	2,637	26,000	SH		SOLE	0	26,000	0	0
MASTERCARD INC	CL A	57636Q104	4	51	SH		SOLE	0	0	0	51
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	1,701	30,800	SH		SOLE	1	30,800	0	0
CDN IMPERIAL BK COMM TORONTO	COM	136069101	170	1,887	SH		SOLE	0	0	0	1,887
SEABRIDGE GOLD INC	COM	811916105	1	100	SH		SOLE	0	0	0	100
WISDOMTREE TR	EUROPE SMCP DV	97717W869	4,463	85,119	SH		SOLE	0	85,000	0	119
ISHARES	U.S. MED DVC ETF	464288810	6,362	64,000	SH		SOLE	0	64,000	0	0
MARKET VECTORS ETF TR	HG YLD MUN ETF	57060U878	333	10,823	SH		SOLE	0	0	0	10,823
WISDOMTREE TR	DEFA FD	97717W703	542	10,375	SH		SOLE	0	0	0	10,375
WISDOMTREE TR	GLB EX UD DVD GR	97717W844	1,115	22,000	SH		SOLE	1	22,000	0	0
WISDOMTREE TR	SMALLCAP DIVID	97717W604	986	15,178	SH		SOLE	0	0	0	15,178
POWERSHARES ETF TRUST	DYNM LRG CP VL	73935X708	25	814	SH		SOLE	0	0	0	814
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,362	15,053	SH		SOLE	1	15,053	0	0
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	296	3,800	SH		SOLE	1	3,800	0	0
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	22	367	SH		SOLE	0	0	0	367
BARCLAYS BK PLC	ETN DJUBS COPR37	06739F101	12	331	SH		SOLE	0	0	0	331
ISHARES	MSCI ACWI US ETF	464288240	1,563	34,363	SH		SOLE	1	34,363	0	0
ISHARES	MSCI ACWI US ETF	464288240	20,583	452,576	SH		SOLE	0	442,229	0	10,347
FIRST TR US IPO INDEX FD	SHS	336920103	2,308	48,000	SH		SOLE	0	48,000	0	0
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	18,576	275,000	SH		SOLE	0	275,000	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CHN SML CAP	18383Q853	192	7,340	SH		SOLE	1	7,340	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CHN SML CAP	18383Q853	2,752	105,200	SH		SOLE	0	105,200	0	0
POWERSHARES GLOBAL ETF TRUST	AGG PFD PORT	73936T565	1,283	88,700	SH		SOLE	0	88,700	0	0
ENTERPRISE FINL SVCS CORP	COM	293712105	67	3,995	SH		SOLE	0	0	0	3,995
DISCOVERY COMMUNICATNS NEW	COM SER C	25470F302	7	195	SH		SOLE	0	0	0	195
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	5,167	50,983	SH		SOLE	1	50,983	0	0
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	56,588	558,339	SH		SOLE	0	478,515	0	79,824
ISHARES	RUS TP200 GR ETF	464289438	3,084	63,500	SH		SOLE	1	63,500	0	0
ISHARES	RUS TP200 GR ETF	464289438	9,931	204,500	SH		SOLE	0	204,500	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	1,041	21,884	SH		SOLE	0	0	0	21,884
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	33	1,078	SH		SOLE	0	0	0	1,078
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	1,997	42,488	SH		SOLE	0	0	0	42,488
VANGUARD SCOTTSDALE FDS	MORTG-BACK SEC	92206C771	2,155	41,000	SH		SOLE	0	41,000	0	0
SPDR SERIES TRUST	BARC SHT TR CP	78464A474	2,806	91,433	SH		SOLE	1	91,433	0	0
ISHARES TR	IRELAND CAPD ETF	46429B507	1,723	50,000	SH		SOLE	0	50,000	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2015	18383M563	1,396	64,203	SH		SOLE	0	0	0	64,203
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	187	3,704	SH		SOLE	0	0	0	3,704
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	488	9,000	SH		SOLE	1	9,000	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	1,896	35,000	SH		SOLE	0	35,000	0	0
UNITED STS COMMODITY INDEX F	COMM IDX FND	911717106	5,104	92,657	SH		SOLE	0	90,491	0	2,166
LEAR CORP	COM NEW	521865204	226	2,615	SH		SOLE	0	0	0	2,615
GENERAL MTRS CO	COM	37045V100	4	134	SH		SOLE	0	0	0	134
ADVISORSHARES TR	PERITUS HG YLD	00768Y503	1,791	35,730	SH		SOLE	0	33,700	0	2,030
ETFS WHITE METALS BASKET TR	PHY WM BSK SHS	26923B104	2	64	SH		SOLE	0	0	0	64
PROSHARES TR	RAFI LG SHT FD	74347X310	9	213	SH		SOLE	0	0	0	213
WISDOMTREE TR	FUTRE STRAT FD	97717W125	913	20,939	SH		SOLE	1	20,939	0	0
WISDOMTREE TR	FUTRE STRAT FD	97717W125	5,623	128,950	SH		SOLE	0	127,932	0	1,018
FIRST TR EXCNGE TRD ALPHADEX	SML CAP VAL AL	33737M409	2	65	SH		SOLE	0	0	0	65
DBX ETF TR	XTRAK MSCI EAFE	233051200	139	5,000	SH		SOLE	1	5,000	0	0
DBX ETF TR	XTRAK MSCI EAFE	233051200	3,688	133,000	SH		SOLE	0	133,000	0	0
ISHARES TR	FLTG RATE BD ETF	46429B655	6,999	137,691	SH		SOLE	1	137,691	0	0
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	40	1,166	SH		SOLE	0	0	0	1,166
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	1,488	38,602	SH		SOLE	0	0	0	38,602
ISHARES TR	USA MIN VOL ETF	46429B697	3,233	85,798	SH		SOLE	0	78,000	0	7,798
CRESTWOOD MIDSTREAM PARTNERS	UNIT LTD PARTNER	226378107	24	1,080	SH		SOLE	0	0	0	1,080
GLOBAL X FDS	FTSE GREECE 20	37950E366	95	5,120	SH		SOLE	1	5,120	0	0
GLOBAL X FDS	FTSE GREECE 20	37950E366	1,097	59,000	SH		SOLE	0	59,000	0	0
ISHARES	GLB AGRIC PR ETF	464286350	7	277	SH		SOLE	0	0	0	277
PIMCO ETF TR	TOTL RETN ETF	72201R775	7,987	73,559	SH		SOLE	1	73,559	0	0
RETAIL PPTYS AMER INC	CL A	76131V202	6	403	SH		SOLE	0	0	0	403
SPDR SER TR	SHT TRM HGH YLD	78468R408	404	13,483	SH		SOLE	1	13,483	0	0
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	295	10,882	SH		SOLE	1	10,882	0	0
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	12,043	444,728	SH		SOLE	0	315,318	0	129,410
INDEXIQ ETF TR	US RL EST SMCP	45409B628	16	639	SH		SOLE	0	0	0	639
KRAFT FOODS GROUP INC	COM	50076Q106	60	1,059	SH		SOLE	0	0	0	1,059
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	10,539	336,600	SH		SOLE	0	336,600	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	1,927	38,500	SH		SOLE	1	38,500	0	0
ISHARES TR	CORE MSCITOTAL	46432F834	32	560	SH		SOLE	0	0	0	560
SPDR SER TR	SPDR BOFA ML	78468R507	90	2,995	SH		SOLE	0	0	0	2,995
GRANITE REAL ESTATE INVT TR	UNIT 99/99/9999	387437114	3	100	SH		SOLE	0	0	0	100
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	2,071	42,143	SH		SOLE	0	40,000	0	2,143
EGA EMERGING GLOBAL SHS TR	EGSHR BYND BRC	268461639	129	5,788	SH		SOLE	1	5,788	0	0
EGA EMERGING GLOBAL SHS TR	EGSHR BYND BRC	268461639	4,495	202,126	SH		SOLE	0	127,503	0	74,623
ISHARES TR	MSCI USAMOMFCT	46432F396	3,957	61,000	SH		SOLE	0	61,000	0	0
ISHARES TR	MSCI USA QLT FAC	46432F339	58,077	974,280	SH		SOLE	0	963,653	0	10,627
DBX ETF TR	DB XTR MSCI EUR	233051853	1,500	55,302	SH		SOLE	0	55,000	0	302
FIDELITY	MSCI INFO TECH I	316092808	2,136	71,000	SH		SOLE	0	71,000	0	0
ISHARES TR	HDG MSCI JAPAN	46434V886	4	158	SH		SOLE	0	0	0	158
FIRST TR EXCHANGE TRADED FD	DORSEY WRT 5 ETF	33738R605	4	187	SH		SOLE	0	0	0	187
GOOGLE INC	CL C	38259P706	6	11	SH		SOLE	0	0	0	11
POWERSHARES ETF TR II	VAR RATE PFD POR	73937B597	5,691	228,903	SH		SOLE	0	0	0	228,903
POWERSHARES ACTIVE MNG ETF T	ALT MULTI STRG	73935B870	4	153	SH		SOLE	0	0	0	153
TIMKENSTEEL CORP	COM	887399103	8	171	SH		SOLE	0	0	0	171
DIVERSIFIED REAL ASSET INC F	COM SHS	25533B108	10	547	SH		SOLE	0	0	0	547
CLAYMORE EXCHANGE TRD FD TR	GUG MULTI ASSET	18383M506	447	18,387	SH		SOLE	0	0	0	18,387
POWERSHARES ETF TRUST	GBL LSTD PVT EQT	73935X195	2,383	214,643	SH		SOLE	0	214,000	0	643
POWERSHARES ETF TRUST	INTL DIV ACHV	73935X716	12,045	650,742	SH		SOLE	1	650,742	0	0
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	4,895	191,592	SH		SOLE	1	191,592	0	0
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	2,693	27,969	SH		SOLE	0	0	0	27,969
PROSHARES TR	PSHS SHRT S&P500	74347R503	32,301	1,403,800	SH		SOLE	0	746,000	0	657,800
PROSHARES TR	PSHS SHTRUSS2000	74347R826	792	46,082	SH		SOLE	1	46,082	0	0
PROSHARES TR	PSHS SHTRUSS2000	74347R826	10,223	595,041	SH		SOLE	0	589,906	0	5,135
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	26,713	542,510	SH		SOLE	0	428,500	0	114,010
HSBC HLDGS PLC	ADR A 1/40PF A	404280604	18	705	SH		SOLE	0	0	0	705
POWERSHARES ETF TRUST	FINL PFD PTFL	73935X229	2,151	119,461	SH		SOLE	0	119,461	0	0
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	4,230	80,000	SH		SOLE	0	80,000	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	116	1,451	SH		SOLE	0	0	0	1,451
POWERSHS DB MULTI SECT COMM	DB BASE METALS	73936B705	10	606	SH		SOLE	0	0	0	606
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	9,717	118,604	SH		SOLE	0	85,885	0	32,719
SPDR INDEX SHS FDS	MSCI ACWI EXUS	78463X848	752	21,449	SH		SOLE	0	0	0	21,449
RYDEX ETF TRUST	GUG S&P500EQWTTE	78355W817	837	9,842	SH		SOLE	0	0	0	9,842
BANK NEW YORK MELLON CORP	COM	064058100	676	17,449	SH		SOLE	0	0	0	17,449
ISHARES	INTL SEL DIV ETF	464288448	7,406	206,928	SH		SOLE	0	203,000	0	3,928
WISDOMTREE TR	EMERG MKTS ETF	97717W315	51,878	1,085,774	SH		SOLE	0	1,007,460	0	78,314
ISHARES	3-7 YR TR BD ETF	464288661	11,309	93,218	SH		SOLE	0	93,200	0	18
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	747	14,125	SH		SOLE	1	14,125	0	0
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	2,435	46,034	SH		SOLE	0	45,938	0	96
FIRST MAJESTIC SILVER CORP	COM	32076V103	6	788	SH		SOLE	0	0	0	788
SPDR SERIES TRUST	BRC CNV SECS ETF	78464A359	107	2,147	SH		SOLE	0	0	0	2,147
POWERSHARES GLOBAL ETF TRUST	SOVEREIGN DEBT	73936T573	10,195	358,232	SH		SOLE	0	0	0	358,232
WISDOMTREE TR	EMG MKTS SMCAP	97717W281	2	43	SH		SOLE	0	0	0	43
ISHARES	JP MOR EM MK ETF	464288281	18,608	164,888	SH		SOLE	0	143,514	0	21,374
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	371	14,980	SH		SOLE	1	14,980	0	0
ISHARES	INTL DEV RE ETF	464288489	2,511	83,592	SH		SOLE	0	0	0	83,592
ISHARES	MSCI JAPN SMCETF	464286582	3	61	SH		SOLE	0	0	0	61
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	11,912	153,144	SH		SOLE	0	129,200	0	23,944
REVENUESHARES ETF TR	LARGECAP FD	761396100	851	22,000	SH		SOLE	1	22,000	0	0
REVENUESHARES ETF TR	LARGECAP FD	761396100	3,289	85,000	SH		SOLE	0	85,000	0	0
SPDR SERIES TRUST	DB INT GVT ETF	78464A490	4,308	73,361	SH		SOLE	0	63,675	0	9,686
PHILIP MORRIS INTL INC	COM	718172109	10	125	SH		SOLE	0	0	0	125
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	5,586	82,699	SH		SOLE	1	82,699	0	0
POWERSHARES GLOBAL ETF TRUST	FDM HG YLD RAFI	73936T557	830	43,595	SH		SOLE	0	0	0	43,595
RYDEX ETF TRUST	GUG S&P500EQWTEN	78355W866	23	282	SH		SOLE	0	0	0	282
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	253	4,500	SH		SOLE	0	4,500	0	0
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	24	541	SH		SOLE	0	0	0	541
MONOTYPE IMAGING HOLDINGS IN	COM	61022P100	7	245	SH		SOLE	0	0	0	245
INDEXIQ ETF TR	HEDGE MLTI ETF	45409B107	11	382	SH		SOLE	0	0	0	382
ISHARES	SHT NTLAMTFR ETF	464288158	1,747	16,450	SH		SOLE	0	16,450	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG SHIPPNG ETF	18383Q796	2,474	120,000	SH		SOLE	0	120,000	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	506	5,900	SH		SOLE	1	5,900	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	8,685	101,256	SH		SOLE	0	95,025	0	6,231
PROSHARES TR	PSHS LC COR PLUS	74347R248	4,429	46,109	SH		SOLE	0	46,000	0	109
PIMCO ETF TR	1-5 US TIP IDX	72201R205	12,162	231,480	SH		SOLE	0	57,500	0	173,980
ETFS GOLD TR	SHS	26922Y105	7	59	SH		SOLE	0	0	0	59
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	9,637	120,662	SH		SOLE	0	85,875	0	34,787
INDEXIQ ETF TR	IQ MRGR ARB ETF	45409B800	5	192	SH		SOLE	0	0	0	192
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	588	11,447	SH		SOLE	0	0	0	11,447
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	2,670	54,286	SH		SOLE	0	0	0	54,286
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	784	18,389	SH		SOLE	0	0	0	18,389
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	1,130	44,492	SH		SOLE	0	0	0	44,492
SPDR SERIES TRUST	BARC SHT TR CP	78464A474	14,678	478,265	SH		SOLE	0	478,265	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2014	18383M571	3,745	177,668	SH		SOLE	0	143,930	0	33,738
ALPS ETF TR	ALERIAN MLP	00162Q866	4,322	225,468	SH		SOLE	0	0	0	225,468
UNITED STS COMMODITY INDEX F	COMM IDX FND	911717106	926	16,811	SH		SOLE	1	16,811	0	0
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	21	3,093	SH		SOLE	0	0	0	3,093
POWERSHARES ETF TRUST II	KBW YIELD REIT	73936Q819	67	2,168	SH		SOLE	0	0	0	2,168
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	1,460	37,729	SH		SOLE	0	0	0	37,729
SPDR SERIES TRUST	BRCLY EM LOCL	78464A391	417	14,073	SH		SOLE	0	0	0	14,073
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	44,455	1,830,936	SH		SOLE	0	647,800	0	1,183,136
ISHARES TR	CORE HIGH DV ETF	46429B663	9,056	120,365	SH		SOLE	0	0	0	120,365
GENERAL MTRS CO	*W EXP 07/10/201	37045V118	3	123	SH		SOLE	0	0	0	123
GENERAL MTRS CO	*W EXP 07/10/201	37045V126	2	123	SH		SOLE	0	0	0	123
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	2,074	59,300	SH		SOLE	0	59,300	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	714	6,886	SH		SOLE	1	6,886	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	23,090	222,770	SH		SOLE	0	161,395	0	61,375
ISHARES TR	FLTG RATE BD ETF	46429B655	46,627	917,314	SH		SOLE	0	917,314	0	0
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	503	9,718	SH		SOLE	0	0	0	9,718
ADVISORSHARES TR	TRIMTABS FLT	00768Y818	1,243	24,000	SH		SOLE	0	24,000	0	0
ISHARES TR	EAFE MIN VOL ETF	46429B689	3,136	50,074	SH		SOLE	0	50,000	0	74
ISHARES	CNTRY MIN VL ETF	464286525	2,335	35,000	SH		SOLE	0	35,000	0	0
ISHARES	EM MKTS CURR ETF	464286517	2,544	52,400	SH		SOLE	0	52,400	0	0
ISHARES	MSCI FRNTR100ETF	464286145	310	8,191	SH		SOLE	1	8,191	0	0
ISHARES	MSCI FRNTR100ETF	464286145	3,443	90,979	SH		SOLE	0	90,979	0	0
ISHARES TR	CORE US TR BD	46429B267	427	17,201	SH		SOLE	0	0	0	17,201
PIMCO ETF TR	TOTL RETN ETF	72201R775	37,011	340,868	SH		SOLE	0	340,868	0	0
SPDR SER TR	SHT TRM HGH YLD	78468R408	11,013	367,975	SH		SOLE	0	367,975	0	0
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	280	8,928	SH		SOLE	1	8,928	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	34,504	689,530	SH		SOLE	0	669,920	0	19,610
GLOBAL X FDS	GLB X GURU INDEX	37950E341	4	142	SH		SOLE	0	0	0	142
ISHARES TR	CORE ST USDB ETF	46432F859	57	568	SH		SOLE	0	0	0	568
ARATANA THERAPEUTICS INC	COM	03874P101	67	6,636	SH		SOLE	0	0	0	6,636
EXCHANGE TRADED CONCEPTS TR	HRZN S&P500 CV C	30151E103	4	80	SH		SOLE	0	0	0	80
ISHARES TR	MSCI USA QLT FAC	46432F339	12,159	203,977	SH		SOLE	1	203,977	0	0
FIRST TR EXCHAN TRADED FD VI	FST TR GLB FD	33739H101	21	733	SH		SOLE	0	0	0	733
WISDOMTREE TR	BLMBG US BULL	97717W471	5	179	SH		SOLE	0	0	0	179
CAMBRIA ETF TR	GLOBAL VALUE ETF	132061409	1,113	49,000	SH		SOLE	0	49,000	0	0