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

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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
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	474	2,399	SH		SOLE		0	0	2,399
ISHARES	MSCI HONG KG ETF	464286871	318	16,310	SH		SOLE		0	0	16,310
ISHARES INC	MSCI JPN ETF NEW	46434G822	877	17,940	SH		OTR	1	17,940	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	17,661	361,459	SH		SOLE		0	0	361,459
ISHARES	MSCI EURZONE ETF	464286608	4,719	136,395	SH		SOLE		0	0	136,395
ISHARES TR	EUROPE ETF	464287861	8,012	206,438	SH		SOLE		0	0	206,438
ISHARES TR	CORE S&P MCP ETF	464287507	100	604	SH		SOLE		0	0	604
ISHARES TR	S&P MC 400VL ETF	464287705	5	37	SH		SOLE		0	0	37
ISHARES TR	S&P MC 400GR ETF	464287606	16	86	SH		SOLE		0	0	86
ISHARES TR	CORE S&P SCP ETF	464287804	37	271	SH		SOLE		0	0	271
ISHARES TR	SP SMCP600VL ETF	464287879	4	29	SH		SOLE		0	0	29
ISHARES TR	SP SMCP600GR ETF	464287887	5	34	SH		SOLE		0	0	34
ISHARES TR	S&P 500 VAL ETF	464287408	1,164	11,480	SH		SOLE		0	0	11,480
ISHARES TR	CORE S&P500 ETF	464287200	3,970	17,645	SH		SOLE		15,660	0	1,985
ISHARES TR	S&P 500 GRWT ETF	464287309	82	670	SH		SOLE		0	0	670
ISHARES TR	RUS 1000 VAL ETF	464287598	33,785	301,567	SH		SOLE		0	0	301,567
ISHARES TR	RUS 1000 GRW ETF	464287614	965	9,199	SH		SOLE		0	0	9,199
ISHARES TR	RUSSELL 2000 ETF	464287655	0	2	SH		SOLE		0	0	2
ISHARES TR	RUS 2000 VAL ETF	464287630	9	72	SH		SOLE		0	0	72
ISHARES TR	CORE RUSSELL VAL	464287663	299	6,090	SH		SOLE		0	0	6,090
ISHARES TR	U.S. REAL ES ETF	464287739	3,369	43,790	SH		SOLE		0	0	43,790
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	80	265	SH		SOLE		0	0	265
SPDR S&P 500 ETF TR	TR UNIT	78462F103	295	1,321	SH		SOLE		0	0	1,321
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	24	504	SH		SOLE		0	0	504
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	353	2,168	SH		SOLE		0	0	2,168
BOEING CO	COM	097023105	243	1,558	SH		SOLE		0	0	1,558
AMGEN INC	COM	031162100	6	40	SH		SOLE		0	0	40
CONAGRA BRANDS INC	COM	205887102	16	397	SH		SOLE		0	0	397
ALTRIA GROUP INC	COM	02209S103	120	1,777	SH		SOLE		0	0	1,777
FEDEX CORP	COM	31428X106	1,111	5,965	SH		SOLE		0	0	5,965
HORMEL FOODS CORP	COM	440452100	1,294	37,166	SH		SOLE		0	0	37,166
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	213	5,543	SH		SOLE		0	0	5,543
INTEL CORP	COM	458140100	52	1,424	SH		SOLE		0	0	1,424
ILLINOIS TOOL WKS INC	COM	452308109	18	146	SH		SOLE		0	0	146
ISHARES TR	RUS 2000 GRW ETF	464287648	32	210	SH		SOLE		0	0	210
DISNEY WALT CO	COM DISNEY	254687106	10	92	SH		SOLE		0	0	92
HONEYWELL INTL INC	COM	438516106	4	35	SH		SOLE		0	0	35
SHERWIN WILLIAMS CO	COM	824348106	12	46	SH		SOLE		0	0	46
SYSCO CORP	COM	871829107	313	5,660	SH		SOLE		0	0	5,660
US BANCORP DEL	COM NEW	902973304	2	45	SH		SOLE		0	0	45
JOHNSON & JOHNSON	COM	478160104	381	3,308	SH		SOLE		0	0	3,308
PFIZER INC	COM	717081103	25	763	SH		SOLE		0	0	763
EDISON INTL	COM	281020107	13	175	SH		SOLE		0	0	175
KROGER CO	COM	501044101	1	40	SH		SOLE		0	0	40
ISHARES TR	US OIL EQ&SV ETF	464288844	2,000	44,000	SH		SOLE		0	0	44,000
LOWES COS INC	COM	548661107	130	1,832	SH		SOLE		0	0	1,832
ISHARES TR	MSCI EAFE ETF	464287465	1,070	18,536	SH		SOLE		12,500	0	6,036
AMERISOURCEBERGEN CORP	COM	03073E105	4	53	SH		SOLE		0	0	53
CHEVRON CORP NEW	COM	166764100	62	525	SH		SOLE		0	0	525
MICROSOFT CORP	COM	594918104	44	710	SH		SOLE		0	0	710
ISHARES TR	LATN AMER 40 ETF	464287390	0	14	SH		SOLE		0	0	14
ISHARES	MSCI PAC JP ETF	464286665	257	6,500	SH		OTR	1	6,500	0	0
ISHARES	MSCI PAC JP ETF	464286665	1,530	38,667	SH		SOLE		0	0	38,667
UNITED PARCEL SERVICE INC	CL B	911312106	334	2,916	SH		SOLE		0	0	2,916
AT&T INC	COM	00206R102	384	9,021	SH		SOLE		0	0	9,021
CITIGROUP INC	COM NEW	172967424	16	266	SH		SOLE		0	0	266
CA INC	COM	12673P105	36	1,142	SH		SOLE		0	0	1,142
CISCO SYS INC	COM	17275R102	4	141	SH		SOLE		0	0	141
INTERNATIONAL BUSINESS MACHS	COM	459200101	7	42	SH		SOLE		0	0	42
COCA COLA CO	COM	191216100	15	368	SH		SOLE		0	0	368
LOCKHEED MARTIN CORP	COM	539830109	320	1,279	SH		SOLE		0	0	1,279
PEPSICO INC	COM	713448108	265	2,537	SH		SOLE		0	0	2,537
VERIZON COMMUNICATIONS INC	COM	92343V104	14	270	SH		SOLE		0	0	270
SPDR SERIES TRUST	S&P 500 GROWTH	78464A409	36	338	SH		SOLE		0	0	338
ISHARES	MSCI AUST ETF	464286103	3,358	166,000	SH		SOLE		0	0	166,000
ISHARES	MSCI GERMANY ETF	464286806	160	6,032	SH		SOLE		0	0	6,032
ISHARES INC	MSCI ITL ETF NEW	46434G830	2,173	89,750	SH		SOLE		0	0	89,750
ISHARES	MSCI SWEDEN ETF	464286756	957	33,300	SH		SOLE		0	0	33,300
ISHARES	MSCI CDA ETF	464286509	382	14,614	SH		SOLE		0	0	14,614
ISHARES TR	RUS MID-CAP ETF	464287499	134	749	SH		SOLE		0	0	749
ISHARES TR	RUS MD CP GR ETF	464287481	156	1,601	SH		SOLE		0	0	1,601
ISHARES TR	RUS MDCP VAL ETF	464287473	10	129	SH		SOLE		0	0	129
ISHARES TR	GLOBAL 100 ETF	464287572	10,914	142,259	SH		SOLE		0	0	142,259
ISHARES TR	COHEN&STEER REIT	464287564	22	218	SH		SOLE		0	0	218
ISHARES TR	GLOBAL ENERG ETF	464287341	140	4,037	SH		OTR	1	4,037	0	0
ISHARES TR	GLOBAL ENERG ETF	464287341	25,668	737,600	SH		SOLE		0	0	737,600
ISHARES TR	GLOB HLTHCRE ETF	464287325	156	1,643	SH		OTR	1	1,643	0	0
ISHARES TR	GLOB HLTHCRE ETF	464287325	26,112	275,387	SH		SOLE		0	0	275,387
ISHARES TR	U.S. TELECOM ETF	464287713	1	43	SH		SOLE		0	0	43
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	1	25	SH		SOLE		0	0	25
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	737	9,784	SH		OTR	1	9,784	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	7,168	95,169	SH		SOLE		0	0	95,169
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,428	61,417	SH		OTR	1	61,417	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	42,889	1,844,704	SH		SOLE		0	0	1,844,704
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	4	66	SH		SOLE		0	0	66
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	1,682	34,774	SH		OTR	1	34,774	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	42,064	869,800	SH		SOLE		0	0	869,800
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	4	72	SH		SOLE		0	0	72
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	4	62	SH		SOLE		0	0	62
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	6	69	SH		SOLE		0	0	69
ISHARES INC	MSCI TAIWAN ETF	46434G772	888	30,250	SH		SOLE		0	0	30,250
ISHARES	MSCI MEX CAP ETF	464286822	44	1,000	SH		OTR	1	1,000	0	0
ISHARES	MSCI MEX CAP ETF	464286822	1,192	27,100	SH		SOLE		0	0	27,100
ISHARES	AUSTRIA CAPD ETF	464286202	1,653	100,000	SH		SOLE		0	0	100,000
ISHARES	MSCI SPAN CP ETF	464286764	126	4,770	SH		OTR	1	4,770	0	0
ISHARES	MSCI SPAN CP ETF	464286764	2,804	105,759	SH		SOLE		0	0	105,759
ISHARES	MSCI SZ CAP ETF	464286749	348	11,800	SH		SOLE		0	0	11,800
ISHARES TR	MSCI UK ETF NEW	46435G334	611	19,900	SH		SOLE		0	0	19,900
ISHARES TR	U.S. FIN SVC ETF	464287770	4,357	41,000	SH		SOLE		0	0	41,000
TIME WARNER INC	COM NEW	887317303	9	94	SH		SOLE		0	0	94
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	1,466	17,216	SH		OTR	1	17,216	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	70,231	824,503	SH		SOLE		0	0	824,503
AMETEK INC NEW	COM	031100100	33	675	SH		SOLE		0	0	675
BANK AMER CORP	COM	060505104	36	1,650	SH		SOLE		0	0	1,650
STARBUCKS CORP	COM	855244109	1,274	22,945	SH		SOLE		0	0	22,945
ANALOG DEVICES INC	COM	032654105	23	316	SH		SOLE		0	0	316
AUTOMATIC DATA PROCESSING IN	COM	053015103	349	3,391	SH		SOLE		0	0	3,391
EXXON MOBIL CORP	COM	30231G102	493	5,457	SH		SOLE		0	0	5,457
AFLAC INC	COM	001055102	12	179	SH		SOLE		0	0	179
WAL-MART STORES INC	COM	931142103	1	20	SH		SOLE		0	0	20
UNION PAC CORP	COM	907818108	54	518	SH		SOLE		0	0	518
TEXAS INSTRS INC	COM	882508104	4	48	SH		SOLE		0	0	48
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	4	156	SH		SOLE		0	0	156
TARGET CORP	COM	87612E106	270	3,739	SH		SOLE		0	0	3,739
COSTCO WHSL CORP NEW	COM	22160K105	53	332	SH		SOLE		0	0	332
CVS HEALTH CORP	COM	126650100	991	12,559	SH		SOLE		0	0	12,559
DIAGEO P L C	SPON ADR NEW	25243Q205	243	2,342	SH		SOLE		0	0	2,342
SCHLUMBERGER LTD	COM	806857108	99	1,176	SH		SOLE		0	0	1,176
DANAHER CORP DEL	COM	235851102	26	331	SH		SOLE		0	0	331
MERCK & CO INC	COM	58933Y105	13	223	SH		SOLE		0	0	223
FIFTH THIRD BANCORP	COM	316773100	2	79	SH		SOLE		0	0	79
PROCTER AND GAMBLE CO	COM	742718109	34	402	SH		SOLE		0	0	402
GENERAL ELECTRIC CO	COM	369604103	34	1,087	SH		SOLE		0	0	1,087
GILEAD SCIENCES INC	COM	375558103	18	250	SH		SOLE		0	0	250
GOLDMAN SACHS GROUP INC	COM	38141G104	9	38	SH		SOLE		0	0	38
HOME DEPOT INC	COM	437076102	41	304	SH		SOLE		0	0	304
INGERSOLL-RAND PLC	SHS	G47791101	3	42	SH		SOLE		0	0	42
MCDONALDS CORP	COM	580135101	8	66	SH		SOLE		0	0	66
JPMORGAN CHASE & CO	COM	46625H100	6	65	SH		SOLE		0	0	65
LEVEL 3 COMMUNICATIONS INC	COM NEW	52729N308	53	938	SH		SOLE		0	0	938
TJX COS INC NEW	COM	872540109	5	66	SH		SOLE		0	0	66
MONDELEZ INTL INC	CL A	609207105	19	428	SH		SOLE		0	0	428
PRICELINE GRP INC	COM NEW	741503403	4	3	SH		SOLE		0	0	3
WELLS FARGO & CO NEW	COM	949746101	151	2,744	SH		SOLE		0	0	2,744
ISHARES TR	1-3 YR TR BD ETF	464287457	4,198	49,714	SH		SOLE		0	0	49,714
ISHARES TR	7-10 Y TR BD ETF	464287440	9,110	86,913	SH		SOLE		0	0	86,913
ISHARES TR	20 YR TR BD ETF	464287432	1,787	15,000	SH		SOLE		15,000	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	5	43	SH		SOLE		0	0	43
CORNING INC	COM	219350105	3	118	SH		SOLE		0	0	118
MONSANTO CO NEW	COM	61166W101	5	51	SH		SOLE		0	0	51
XCEL ENERGY INC	COM	98389B100	18	434	SH		SOLE		0	0	434
FISERV INC	COM	337738108	74	700	SH		SOLE		0	0	700
FORD MTR CO DEL	COM PAR $0.01	345370860	67	5,504	SH		SOLE		0	0	5,504
UNITEDHEALTH GROUP INC	COM	91324P102	1,221	7,629	SH		SOLE		0	0	7,629
TEMPLETON GLOBAL INCOME FD	COM	880198106	949	146,395	SH		SOLE		0	0	146,395
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	8	69	SH		SOLE		0	0	69
UNITED TECHNOLOGIES CORP	COM	913017109	10	92	SH		SOLE		0	0	92
3M CO	COM	88579Y101	269	1,505	SH		SOLE		0	0	1,505
COMCAST CORP NEW	CL A	20030N101	17	250	SH		SOLE		0	0	250
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	40,596	352,033	SH		SOLE		0	0	352,033
TEXTRON INC	COM	883203101	4	81	SH		SOLE		0	0	81
SMUCKER J M CO	COM NEW	832696405	14	107	SH		SOLE		0	0	107
NORFOLK SOUTHERN CORP	COM	655844108	14	126	SH		SOLE		0	0	126
WELLTOWER INC	COM	95040Q104	42	630	SH		SOLE		0	0	630
NEXTERA ENERGY INC	COM	65339F101	16	133	SH		SOLE		0	0	133
APPLE INC	COM	037833100	1,564	13,506	SH		SOLE		0	0	13,506
ALLSTATE CORP	COM	020002101	1,247	16,829	SH		SOLE		0	0	16,829
INTL PAPER CO	COM	460146103	1,562	29,445	SH		SOLE		0	0	29,445
ISHARES TR	MSCI EMG MKT ETF	464287234	397	11,352	SH		SOLE		0	0	11,352
PPL CORP	COM	69351T106	0	6	SH		SOLE		0	0	6
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	20	209	SH		SOLE		0	0	209
COACH INC	COM	189754104	1,053	30,056	SH		SOLE		0	0	30,056
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	19,694	227,309	SH		SOLE		0	0	227,309
CELGENE CORP	COM	151020104	63	541	SH		SOLE		0	0	541
CHUBB LIMITED	COM	H1467J104	3	26	SH		SOLE		0	0	26
EQUIFAX INC	COM	294429105	84	711	SH		SOLE		0	0	711
DEVON ENERGY CORP NEW	COM	25179M103	25	537	SH		SOLE		0	0	537
HALLIBURTON CO	COM	406216101	4	73	SH		SOLE		0	0	73
ECOLAB INC	COM	278865100	90	768	SH		SOLE		0	0	768
ISHARES TR	PHLX SEMICND ETF	464287523	7,854	64,000	SH		SOLE		0	0	64,000
ISHARES TR	S&P 100 ETF	464287101	48,778	491,219	SH		SOLE		0	0	491,219
AMERICAN EXPRESS CO	COM	025816109	6	84	SH		SOLE		0	0	84
BOISE CASCADE CO DEL	COM	09739D100	5	200	SH		SOLE		0	0	200
GENERAL MLS INC	COM	370334104	265	4,294	SH		SOLE		0	0	4,294
NIPPON TELEG & TEL CORP	SPONSORED ADR	654624105	3	75	SH		SOLE		0	0	75
DOW CHEM CO	COM	260543103	123	2,155	SH		SOLE		0	0	2,155
GENERAL DYNAMICS CORP	COM	369550108	20	117	SH		SOLE		0	0	117
ALLERGAN PLC	SHS	G0177J108	10	49	SH		SOLE		0	0	49
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	34,917	975,881	SH		SOLE		12,000	0	963,881
PAYCHEX INC	COM	704326107	15	253	SH		SOLE		0	0	253
NORTHROP GRUMMAN CORP	COM	666807102	7	31	SH		SOLE		0	0	31
ISHARES TR	MSCI AC ASIA ETF	464288182	798	14,526	SH		OTR	1	14,526	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	976	4	SH		SOLE		0	0	4
ANNALY CAP MGMT INC	COM	035710409	10	974	SH		SOLE		0	0	974
PNC FINL SVCS GROUP INC	COM	693475105	10	89	SH		SOLE		0	0	89
MYLAN N V	SHS EURO	N59465109	756	19,805	SH		SOLE		0	0	19,805
CME GROUP INC	COM	12572Q105	6	50	SH		SOLE		0	0	50
ISHARES TR	CORE US AGGBD ET	464287226	13,171	121,885	SH		SOLE		90,626	0	31,259
W P CAREY INC	COM	92936U109	243	4,116	SH		SOLE		0	0	4,116
ISHARES TR	TIPS BD ETF	464287176	823	7,276	SH		OTR	1	7,276	0	0
ISHARES TR	TIPS BD ETF	464287176	47,512	419,830	SH		SOLE		87,548	0	332,282
ROYCE VALUE TR INC	COM	780910105	2,107	157,379	SH		SOLE		0	0	157,379
CARNIVAL CORP	UNIT 99/99/9999	143658300	10	200	SH		SOLE		0	0	200
CLOROX CO DEL	COM	189054109	269	2,238	SH		SOLE		0	0	2,238
AIR PRODS & CHEMS INC	COM	009158106	13	90	SH		SOLE		0	0	90
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	14	470	SH		SOLE		0	0	470
BIO TECHNE CORP	COM	09073M104	41	400	SH		SOLE		0	0	400
TIFFANY & CO NEW	COM	886547108	1,207	15,590	SH		SOLE		0	0	15,590
TRAVELERS COMPANIES INC	COM	89417E109	6	51	SH		SOLE		0	0	51
NATIONAL RETAIL PPTYS INC	COM	637417106	10	220	SH		SOLE		0	0	220
HARRIS CORP DEL	COM	413875105	13	129	SH		SOLE		0	0	129
GALLAGHER ARTHUR J & CO	COM	363576109	284	5,471	SH		SOLE		0	0	5,471
TASER INTL INC	COM	87651B104	13	525	SH		SOLE		0	0	525
SNAP ON INC	COM	833034101	86	500	SH		SOLE		0	0	500
FACTSET RESH SYS INC	COM	303075105	10	64	SH		SOLE		0	0	64
CINCINNATI FINL CORP	COM	172062101	13	170	SH		SOLE		0	0	170
BECTON DICKINSON & CO	COM	075887109	16	99	SH		SOLE		0	0	99
ENTERPRISE PRODS PARTNERS L	COM	293792107	87	3,228	SH		SOLE		0	0	3,228
METLIFE INC	COM	59156R108	312	5,798	SH		SOLE		0	0	5,798
YUM BRANDS INC	COM	988498101	16	252	SH		SOLE		0	0	252
AMPHENOL CORP NEW	CL A	032095101	66	986	SH		SOLE		0	0	986
ALLIANCE DATA SYSTEMS CORP	COM	018581108	23	100	SH		SOLE		0	0	100
LIBERTY PPTY TR	SH BEN INT	531172104	16	400	SH		SOLE		0	0	400
ALPHABET INC	CAP STK CL A	02079K305	6	8	SH		SOLE		0	0	8
CBRE CLARION GLOBAL REAL EST	COM	12504G100	1,841	252,239	SH		SOLE		0	0	252,239
SPDR GOLD TRUST	GOLD SHS	78463V107	23	206	SH		SOLE		0	0	206
GROUPE CGI INC	CL A SUB VTG	39945C109	5	99	SH		SOLE		0	0	99
MERCURY GENL CORP NEW	COM	589400100	308	5,112	SH		SOLE		0	0	5,112
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	439	7,556	SH		OTR	1	7,556	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	15,634	269,000	SH		SOLE		0	0	269,000
VANGUARD INDEX FDS	VALUE ETF	922908744	18,325	197,020	SH		SOLE		14,105	0	182,915
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	47	372	SH		SOLE		0	0	372
VANGUARD INDEX FDS	MID CAP ETF	922908629	1	4	SH		SOLE		0	0	4
GLOBAL X FDS	GLBX MSCI COLUM	37950E200	447	49,000	SH		SOLE		0	0	49,000
VANGUARD INDEX FDS	REIT ETF	922908553	653	7,913	SH		SOLE		0	0	7,913
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	9	77	SH		SOLE		0	0	77
INTUITIVE SURGICAL INC	COM NEW	46120E602	1,344	2,119	SH		SOLE		0	0	2,119
FIRST TR STOXX EURO DIV FD	COMMON SHS	33735T109	447	37,681	SH		OTR	1	37,681	0	0
FIRST TR STOXX EURO DIV FD	COMMON SHS	33735T109	5,021	423,000	SH		SOLE		0	0	423,000
CANADIAN NATL RY CO	COM	136375102	8	126	SH		SOLE		0	0	126
VANGUARD INDEX FDS	SMALL CP ETF	922908751	56	434	SH		SOLE		0	0	434
VANGUARD INDEX FDS	GROWTH ETF	922908736	2,588	23,212	SH		SOLE		4,000	0	19,212
POWERSHARES ETF TRUST	DYN PHRMA PORT	73935X799	1	22	SH		SOLE		0	0	22
BLACKROCK MUNIYIELD ARIZ FD	COM	09254K109	29	2,000	SH		SOLE		0	0	2,000
EATON VANCE TAX ADVT DIV INC	COM	27828G107	23	1,141	SH		SOLE		0	0	1,141
HALCON RES CORP	COM PAR NEW	40537Q605	1	124	SH		SOLE		0	0	124
REPUBLIC SVCS INC	COM	760759100	1,467	25,716	SH		SOLE		0	0	25,716
FINISH LINE INC	CL A	317923100	0	4	SH		SOLE		0	0	4
EATON VANCE TX ADV GLBL DIV	COM	27828S101	17	1,239	SH		SOLE		0	0	1,239
EATON VANCE TAX MNGED BUY WR	COM	27828X100	21	1,241	SH		SOLE		0	0	1,241
BAIDU INC	SPON ADR REP A	056752108	2	12	SH		SOLE		0	0	12
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	1,892	174,719	SH		SOLE		78,416	0	96,303
WINDSTREAM HLDGS INC	COM NEW	97382A200	7	1,000	SH		SOLE		0	0	1,000
NASDAQ INC	COM	631103108	4	61	SH		SOLE		0	0	61
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	11	86	SH		SOLE		0	0	86
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	7	125	SH		SOLE		0	0	125
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	39	659	SH		SOLE		0	0	659
GUESS INC	COM	401617105	811	67,044	SH		SOLE		0	0	67,044
PVH CORP	COM	693656100	1,023	11,338	SH		SOLE		0	0	11,338
GRANITE CONSTR INC	COM	387328107	55	1,000	SH		SOLE		0	0	1,000
WESTERN ASSET EMRG MKT DEBT	COM	95766A101	590	40,116	SH		SOLE		0	0	40,116
UNITED CONTL HLDGS INC	COM	910047109	73	1,005	SH		SOLE		0	0	1,005
THERMO FISHER SCIENTIFIC INC	COM	883556102	57	406	SH		SOLE		0	0	406
FIDELITY NATL INFORMATION SV	COM	31620M106	78	1,037	SH		SOLE		0	0	1,037
ISHARES TR	EAFE VALUE ETF	464288877	118	2,500	SH		OTR	1	2,500	0	0
ISHARES TR	EAFE VALUE ETF	464288877	41,769	884,002	SH		SOLE		16,000	0	868,002
ISHARES TR	EAFE GRWTH ETF	464288885	62	972	SH		SOLE		0	0	972
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	16	159	SH		SOLE		0	0	159
M & T BK CORP	COM	55261F104	358	2,289	SH		SOLE		0	0	2,289
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	948	59,818	SH		OTR	1	59,818	0	0
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	33,755	2,131,000	SH		SOLE		0	0	2,131,000
RYDEX ETF TRUST	GUGGENHM S&P 500	78355W205	2,010	12,760	SH		SOLE		0	0	12,760
VANGUARD WORLD FDS	INF TECH ETF	92204A702	29,479	242,629	SH		SOLE		0	0	242,629
SPDR SERIES TRUST	S&P BIOTECH	78464A870	1,125	19,000	SH		SOLE		0	0	19,000
SPDR INDEX SHS FDS	STOXX EUR 50 ETF	78463X103	611	20,425	SH		SOLE		0	0	20,425
RYDEX ETF TRUST	GUG S&P SC600 PV	78355W700	285	3,906	SH		OTR	1	3,906	0	0
RYDEX ETF TRUST	GUG S&P SC600 PV	78355W700	5,004	68,528	SH	��	SOLE		0	0	68,528
RELX PLC	SPONSORED ADR	759530108	5	260	SH		SOLE		0	0	260
SPDR SER TR	NUVEEN BLMBRG SR	78468R739	5,964	124,399	SH		SOLE		42,533	0	81,866
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	2,929	140,000	SH		SOLE		0	0	140,000
BARCLAYS BK PLC	DJUBS CMDT ETN36	06738C778	4,092	168,883	SH		SOLE		0	0	168,883
KITE RLTY GROUP TR	COM NEW	49803T300	42	1,770	SH		SOLE		0	0	1,770
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	2,032	42,379	SH		OTR	1	42,379	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	52,046	1,085,659	SH		SOLE		0	0	1,085,659
CDN IMPERIAL BK COMM TORONTO	COM	136069101	268	3,286	SH		SOLE		0	0	3,286
ISHARES TR	U.S. INSRNCE ETF	464288786	5,785	97,500	SH		SOLE		0	0	97,500
WISDOMTREE TR	EUROPE SMCP DV	97717W869	5,080	93,000	SH		SOLE		0	0	93,000
ISHARES TR	U.S. MED DVC ETF	464288810	5,126	38,500	SH		SOLE		0	0	38,500
VANECK VECTORS ETF TR	HIGH YLD MUN ETF	92189F361	1,908	64,280	SH		SOLE		0	0	64,280
COMPASS DIVERSIFIED HOLDINGS	SH BEN INT	20451Q104	15	860	SH		SOLE		0	0	860
APTARGROUP INC	COM	038336103	18	250	SH		SOLE		0	0	250
WISDOMTREE TR	INTL EQUITY FD	97717W703	8,796	189,570	SH		SOLE		0	0	189,570
WISDOMTREE TR	GLB US QTLY DIV	97717W844	682	14,805	SH		SOLE		0	0	14,805
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	2,547	51,415	SH		SOLE		0	0	51,415
WISDOMTREE TR	MIDCAP DIVI FD	97717W505	5,351	56,696	SH		SOLE		0	0	56,696
WISDOMTREE TR	SMALLCAP DIVID	97717W604	1,364	16,494	SH		SOLE		0	0	16,494
FIDELITY COMWLTH TR	NDQ CP IDX TRK	315912808	66	313	SH		SOLE		0	0	313
ISHARES TR	CORE S&P TTL STK	464287150	2,148	41,878	SH		SOLE		0	0	41,878
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	666	6,510	SH		SOLE		0	0	6,510
MUELLER WTR PRODS INC	COM SER A	624758108	82	6,197	SH		SOLE		0	0	6,197
NORTHSTAR RLTY FIN CORP	COM	66704R803	16	1,070	SH		SOLE		0	0	1,070
COSTAR GROUP INC	COM	22160N109	760	4,031	SH		SOLE		0	0	4,031
CLAYMORE EXCHANGE TRD FD TR	GUG MULTI ASSET	18383M506	36	1,766	SH		SOLE		0	0	1,766
PROSHARES TR	PSHS ULT MCAP400	74347R404	1	13	SH		SOLE		0	0	13
POWERSHARES ETF TRUST	GBL LSTD PVT EQT	73935X195	72	6,463	SH		SOLE		0	0	6,463
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	67	632	SH		SOLE		0	0	632
EATON VANCE TAX MNGD GBL DV	COM	27829F108	5,778	720,504	SH		SOLE		0	0	720,504
FIRST TR EXCHANGE TRADED FD	CAP STRENGTH ETF	33733E104	2,123	52,011	SH		SOLE		0	0	52,011
PROSHARES TR	SHORT S&P 500 NE	74347B425	10	270	SH		SOLE		0	0	270
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	624	14,123	SH		OTR	1	14,123	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	31,963	723,471	SH		SOLE		0	0	723,471
HSBC HLDGS PLC	ADR A 1/40PF A	404280604	3	115	SH		SOLE		0	0	115
POWERSHARES ETF TRUST	FINL PFD PTFL	73935X229	15	858	SH		SOLE		0	0	858
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	37,658	653,902	SH		SOLE		0	0	653,902
ISHARES TR	SHRT TRS BD ETF	464288679	0	2	SH		SOLE		0	0	2
ISHARES TR	IBOXX HI YD ETF	464288513	13,686	158,128	SH		SOLE		101,080	0	57,048
ISHARES TR	US CREDIT BD ETF	464288620	3,654	33,453	SH		SOLE		33,450	0	3
ISHARES TR	1-3 YR CR BD ETF	464288646	41,474	395,213	SH		SOLE		0	0	395,213
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	22,771	286,607	SH		SOLE		0	0	286,607
MORGAN STANLEY CHINA A SH FD	COM	617468103	109	6,406	SH		OTR	1	6,406	0	0
MORGAN STANLEY CHINA A SH FD	COM	617468103	3,001	176,656	SH		SOLE		0	0	176,656
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	87	1,047	SH		SOLE		0	0	1,047
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	28,390	351,403	SH		SOLE		92,385	0	259,018
ISHARES TR	MSCI KLD400 SOC	464288570	475	5,761	SH		SOLE		0	0	5,761
BLACKROCK INTL GRWTH & INC T	COM BENE INTER	092524107	6	1,000	SH		SOLE		0	0	1,000
CLAYMORE EXCHANGE TRD FD TR	GUGG S&P SPINOFF	18383M605	3,214	74,000	SH		SOLE		0	0	74,000
VANECK VECTORS ETF TR	RUSSIA ETF	92189F403	518	24,400	SH		SOLE		0	0	24,400
SPDR INDEX SHS FDS	MSCI ACWI EXUS	78463X848	3,301	104,819	SH		SOLE		0	0	104,819
SPDR INDEX SHS FDS	ASIA PACIF ETF	78463X301	23,591	314,000	SH		SOLE		0	0	314,000
ISHARES TR	U.S. PFD STK ETF	464288687	2,800	75,257	SH		SOLE		46,775	0	28,482
RYDEX ETF TRUST	GUG S&P500EQWTTE	78355W817	687	6,334	SH		SOLE		0	0	6,334
BANK NEW YORK MELLON CORP	COM	064058100	1,436	30,303	SH		SOLE		0	0	30,303
ISHARES TR	INTL SEL DIV ETF	464288448	3,678	124,419	SH		SOLE		0	0	124,419
WISDOMTREE TR	EMER MKT HIGH FD	97717W315	1,572	42,097	SH		OTR	1	42,097	0	0
WISDOMTREE TR	EMER MKT HIGH FD	97717W315	6,983	187,004	SH		SOLE		0	0	187,004
ISHARES TR	3-7 YR TR BD ETF	464288661	5,047	41,200	SH		SOLE		41,200	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	16,547	229,659	SH		SOLE		0	0	229,659
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	1,692	22,325	SH		SOLE		17,000	0	5,325
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	137	3,759	SH		SOLE		0	0	3,759
ISHARES TR	NATIONAL MUN ETF	464288414	5,651	52,235	SH		SOLE		31,275	0	20,960
SPDR SER TR	NUVEEN BRC MUNIC	78468R721	1,235	26,032	SH		SOLE		0	0	26,032
VANECK VECTORS ETF TR	AGRIBUSINESS ETF	92189F700	7	145	SH		SOLE		0	0	145
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	52	4,800	SH		SOLE		0	0	4,800
ISHARES TR	MTG REL ETF NEW	46435G342	63	1,497	SH		SOLE		0	0	1,497
VANGUARD INTL EQUITY INDEX F	FTSE SMCAP ETF	922042718	2,069	22,000	SH		SOLE		0	0	22,000
CLAYMORE EXCHANGE TRD FD TR	GUGG MSCI GB ETF	18383Q879	4,148	167,452	SH		SOLE		0	0	167,452
POWERSHARES ETF TR II	SOVEREIGN DEBT	73936T573	1,182	41,838	SH		OTR	1	41,838	0	0
POWERSHARES ETF TR II	SOVEREIGN DEBT	73936T573	57,880	2,048,130	SH		SOLE		112,561	0	1,935,569
ISHARES TR	JP MOR EM MK ETF	464288281	14,830	134,550	SH		SOLE		50,350	0	84,200
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	17	495	SH		SOLE		0	0	495
SPDR SERIES TRUST	BLMBRG BR 1 3 MT	78464A680	0	7	SH		SOLE		0	0	7
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	2,328	88,000	SH		SOLE		88,000	0	0
ISHARES TR	INTL DEV RE ETF	464288489	3,061	116,458	SH		SOLE		0	0	116,458
POWERSHARES ETF TR II	DEV MKTS EX-US	73936T789	2,347	62,500	SH		SOLE		0	0	62,500
ISHARES TR	INTERM CR BD ETF	464288638	9,245	85,448	SH		SOLE		85,380	0	68
SPDR SERIES TRUST	BLOOMBERG BRCLYS	78464A417	5,445	149,378	SH		SOLE		0	0	149,378
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	11,650	431,000	SH		SOLE		0	0	431,000
POWERSHARES GLOBAL ETF FD	S&P 500 BUYWRT	73936G308	162	7,603	SH		SOLE		0	0	7,603
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	1	10	SH		SOLE		0	0	10
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	11,894	177,277	SH		SOLE		0	0	177,277
POWERSHARES ETF TR II	EMER MRKT PORT	73936T763	339	18,694	SH		OTR	1	18,694	0	0
POWERSHARES ETF TR II	EMER MRKT PORT	73936T763	41,161	2,267,808	SH		SOLE		0	0	2,267,808
VISA INC	COM CL A	92826C839	1,266	16,225	SH		SOLE		0	0	16,225
SPDR SERIES TRUST	CITI INT GVT ETF	78464A490	3,312	63,675	SH		SOLE		63,675	0	0
ISHARES	MSCI ISR CAP ETF	464286632	473	10,200	SH		SOLE		0	0	10,200
ISHARES TR	MSCI ACWI EX US	464288240	470	11,659	SH		SOLE		0	0	11,659
FIRST TR EXCHANGE TRADED FD	US EQTY OPPT ETF	336920103	2,598	48,000	SH		SOLE		0	0	48,000
ISHARES	MSCI TURKEY ETF	464286715	601	18,500	SH		SOLE		0	0	18,500
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	114	1,488	SH		SOLE		0	0	1,488
ISHARES TR	CALIF MUN BD ETF	464288356	379	3,279	SH		SOLE		0	0	3,279
POWERSHARES ETF TR II	PFD PORTFOLIO	73936T565	1,262	88,701	SH		SOLE		88,700	0	1
POWERSHARES ETF TR II	FDM HG YLD RAFI	73936T557	188	10,000	SH		OTR	1	10,000	0	0
POWERSHARES ETF TR II	FDM HG YLD RAFI	73936T557	17,609	937,152	SH		SOLE		0	0	937,152
POWERSHARES ETF TR II	CALI MUNI ETF	73936T441	332	13,088	SH		SOLE		0	0	13,088
RYDEX ETF TRUST	GUG S&P500EQWTEN	78355W866	341	5,331	SH		SOLE		0	0	5,331
RYDEX ETF TRUST	GUG S&P500EQWTFI	78355W858	262	7,103	SH		SOLE		0	0	7,103
VANGUARD NAT RES LLC	COM UNIT	92205F106	0	682	SH		SOLE		0	0	682
ISHARES TR	MSCI ACWI ETF	464288257	7,277	122,978	SH		SOLE		0	0	122,978
INDEXIQ ETF TR	HEDGE MLTI ETF	45409B107	101	3,537	SH		SOLE		0	0	3,537
ISHARES TR	SHRT NAT MUN ETF	464288158	2,441	23,231	SH		SOLE		0	0	23,231
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	8,097	94,483	SH		SOLE		94,483	0	0
PROSHARES TR	PSHS LC COR PLUS	74347R248	4,633	83,856	SH		SOLE		0	0	83,856
PIMCO ETF TR	1-5 US TIP IDX	72201R205	30,763	586,293	SH		SOLE		71,372	0	514,921
VANECK VECTORS ETF TR	VIETNAM ETF	92189F817	339	26,000	SH		SOLE		0	0	26,000
VERISK ANALYTICS INC	COM	92345Y106	53	650	SH		SOLE		0	0	650
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	451	4,452	SH		OTR	1	4,452	0	0
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	30,217	298,204	SH		SOLE		160,167	0	138,037
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	2,574	47,503	SH		SOLE		0	0	47,503
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	738	26,651	SH		SOLE		0	0	26,651
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	0	5	SH		SOLE		0	0	5
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	3,296	41,532	SH		SOLE		39,375	0	2,157
INDEXIQ ETF TR	IQ MRGR ARB ETF	45409B800	84	2,855	SH		SOLE		0	0	2,855
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	2,747	57,114	SH		SOLE		0	0	57,114
PIMCO ETF TR	INTER MUN BD ACT	72201R866	242	4,609	SH		SOLE		0	0	4,609
VANGUARD SCOTTSDALE FDS	MORTG-BACK SEC	92206C771	2,144	41,000	SH		SOLE		41,000	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	1,442	66,893	SH		SOLE		0	0	66,893
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	12	216	SH		SOLE		0	0	216
SPDR SERIES TRUST	BLOMBERG BRC SRT	78464A474	8,681	284,337	SH		SOLE		0	0	284,337
ISHARES	MSCI EURO FL ETF	464289180	325	17,156	SH		OTR	1	17,156	0	0
ISHARES	MSCI EURO FL ETF	464289180	16,706	881,102	SH		SOLE		0	0	881,102
PIMCO ETF TR	SHTRM MUN BD ACT	72201R874	213	4,316	SH		SOLE		0	0	4,316
POWERSHARES ETF TRUST II	CEF INC COMPST	73936Q843	7,134	318,325	SH		SOLE		0	0	318,325
ISHARES TR	MSCI POL CAP ETF	46429B606	420	23,200	SH		SOLE		0	0	23,200
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	4,001	79,349	SH		SOLE		0	0	79,349
NXP SEMICONDUCTORS N V	COM	N6596X109	11	115	SH		SOLE		0	0	115
ALPS ETF TR	ALERIAN MLP	00162Q866	10,909	865,780	SH		SOLE		99,500	0	766,280
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	3,072	56,026	SH		SOLE		0	0	56,026
UNITED STS COMMODITY INDEX F	COMM IDX FND	911717106	1,432	35,802	SH		SOLE		35,500	0	302
COLUMBIA ETF TR II	EMRG MARKETS ETF	19762B509	243	10,982	SH		OTR	1	10,982	0	0
COLUMBIA ETF TR II	EMRG MARKETS ETF	19762B509	14,633	660,620	SH		SOLE		0	0	660,620
SPDR INDEX SHS FDS	GLB NAT RESRCE	78463X541	131	3,179	SH		OTR	1	3,179	0	0
SPDR INDEX SHS FDS	GLB NAT RESRCE	78463X541	6,472	157,500	SH		SOLE		0	0	157,500
ISHARES INC	MSCI RUS ETF NEW	46434G798	7,458	222,500	SH		SOLE		0	0	222,500
GENERAL MTRS CO	COM	37045V100	8	235	SH		SOLE		0	0	235
ISHARES TR	0-5 YR TIPS ETF	46429B747	6	58	SH		SOLE		0	0	58
POWERSHARES ETF TRUST II	KBW YIELD REIT	73936Q819	37	973	SH		SOLE		0	0	973
PROSHARES TR	RAFI LG SHT FD	74347X310	286	7,148	SH		SOLE		0	0	7,148
WISDOMTREE TR	FUTRE STRAT FD	97717W125	249	6,000	SH		OTR	1	6,000	0	0
WISDOMTREE TR	FUTRE STRAT FD	97717W125	13,415	323,553	SH		SOLE		0	0	323,553
ADVISORSHARES TR	RANGER EQUITY BE	00768Y883	31	3,361	SH		SOLE		0	0	3,361
VANGUARD STAR FD	VG TL INTL STK F	921909768	1,689	36,820	SH		SOLE		0	0	36,820
SPDR INDEX SHS FDS	S&P EM MKT DIV	78463X533	37,272	1,408,600	SH		SOLE		0	0	1,408,600
GLOBAL X FDS	GB MSCI AR ETF	37950E259	21	914	SH		SOLE		0	0	914
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	32	1,377	SH		OTR	1	1,377	0	0
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	44,631	1,910,593	SH		SOLE		529,800	0	1,380,793
ISHARES TR	CORE HIGH DV ETF	46429B663	6,654	80,897	SH		SOLE		0	0	80,897
ISHARES TR	CHINA ETF	46429B671	20	459	SH		SOLE		0	0	459
GENERAL MTRS CO	*W EXP 07/10/201	37045V126	2	126	SH		SOLE		0	0	126
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	9	208	SH		SOLE		0	0	208
DBX ETF TR	XTRAK MSCI EAFE	233051200	276	9,840	SH		OTR	1	9,840	0	0
DBX ETF TR	XTRAK MSCI EAFE	233051200	49,498	1,763,996	SH		SOLE		0	0	1,763,996
DBX ETF TR	XTRAK MSCI JAPN	233051507	39	1,046	SH		SOLE		0	0	1,046
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	181	1,808	SH		OTR	1	1,808	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	23,857	238,901	SH		SOLE		56,295	0	182,606
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	2,180	42,334	SH		SOLE		0	0	42,334
DUNKIN BRANDS GROUP INC	COM	265504100	1,095	20,889	SH		SOLE		0	0	20,889
HORIZON PHARMA PLC	SHS	G4617B105	4	227	SH		SOLE		0	0	227
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	430	15,000	SH		OTR	1	15,000	0	0
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	18,145	633,102	SH		SOLE		0	0	633,102
FLEXSHARES TR	IBOXX 5YR TRGT	33939L605	250	10,000	SH		OTR	1	10,000	0	0
PROSHARES TR II	SHT VIX ST TRM	74347W627	1,092	12,000	SH		SOLE		0	0	12,000
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	367	8,425	SH		SOLE		0	0	8,425
ISHARES TR	MIN VOL USA ETF	46429B697	31	680	SH		OTR	1	680	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	11,848	262,007	SH		SOLE		0	0	262,007
ISHARES TR	MIN VOL EAFE ETF	46429B689	131	2,138	SH		OTR	1	2,138	0	0
ISHARES TR	MIN VOL EAFE ETF	46429B689	29,427	480,673	SH		SOLE		0	0	480,673
ISHARES	MIN VOL GBL ETF	464286525	814	11,217	SH		SOLE		0	0	11,217
ISHARES	MIN VOL EMRG MKT	464286533	130	2,664	SH		OTR	1	2,664	0	0
ISHARES	MIN VOL EMRG MKT	464286533	15,852	324,100	SH		SOLE		0	0	324,100
ISHARES	EM MKTS CURR ETF	464286517	2,245	52,400	SH		SOLE		52,400	0	0
PHILLIPS 66	COM	718546104	39	454	SH		SOLE		0	0	454
ISHARES	GLB AGRIC PR ETF	464286350	226	9,045	SH		SOLE		0	0	9,045
ISHARES TR	MSCI INDIA ETF	46429B598	1,512	56,403	SH		SOLE		0	0	56,403
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	43,398	416,763	SH		SOLE		59,909	0	356,854
VANTIV INC	CL A	92210H105	15	250	SH		SOLE		0	0	250
SPDR SER TR	BLOOMBERG SRT TR	78468R408	11,356	410,242	SH		SOLE		216,775	0	193,467
CLAYMORE EXCHANGE TRD FD TR	GUG BULL2019 E	18383M522	1,964	92,884	SH		SOLE		0	0	92,884
CLAYMORE EXCHANGE TRD FD TR	GUG BULL2018 E	18383M530	25	1,185	SH		SOLE		0	0	1,185
FACEBOOK INC	CL A	30303M102	32	275	SH		SOLE		0	0	275
VANECK VECTORS ETF TR	INTL HIGH YIELD	92189F445	1,798	75,500	SH		SOLE		0	0	75,500
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	396	13,373	SH		OTR	1	13,373	0	0
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	32,641	1,103,483	SH		SOLE		0	0	1,103,483
INDEXIQ ETF TR	US RL EST SMCP	45409B628	8	300	SH		SOLE		0	0	300
VANECK VECTORS ETF TR	MORNINGSTAR WIDE	92189F643	9,590	275,350	SH		SOLE		0	0	275,350
ISHARES INC	CORE MSCI EMKT	46434G103	1,104	26,001	SH		OTR	1	26,001	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	22,035	519,079	SH		SOLE		0	0	519,079
ISHARES TR	CORE MSCITOTAL	46432F834	19,640	388,990	SH		SOLE		0	0	388,990
ISHARES TR	CORE MSCI EAFE	46432F842	13,234	246,768	SH		SOLE		0	0	246,768
ISHARES TR	CORE ST USDB ETF	46432F859	1,379	27,582	SH		SOLE		0	0	27,582
ABBVIE INC	COM	00287Y109	1,016	16,222	SH		SOLE		0	0	16,222
FIRST TR EXCH TRD ALPHA FD I	EUROPE ALPHADEX	33737J117	466	15,981	SH		OTR	1	15,981	0	0
FIRST TR EXCH TRD ALPHA FD I	EUROPE ALPHADEX	33737J117	5,253	180,000	SH		SOLE		0	0	180,000
PIMCO DYNMIC CREDIT AND MRT	COM SHS	72202D106	3,636	179,803	SH		SOLE		0	0	179,803
SPDR SER TR	SSGA US SMAL ETF	78468R887	12	133	SH		SOLE		0	0	133
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	142	3,000	SH		OTR	1	3,000	0	0
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	12,907	271,785	SH		SOLE		82,500	0	189,285
COLUMBIA ETF TR II	BEYOND BRICS ETF	19762B103	1,868	125,799	SH		SOLE		0	0	125,799
ISHARES TR	USA MOMENTUM FCT	46432F396	517	6,819	SH		OTR	1	6,819	0	0
ISHARES TR	USA MOMENTUM FCT	46432F396	18,184	239,700	SH		SOLE		0	0	239,700
WISDOMTREE TR	US QTLY DIV GRT	97717X669	1,300	39,079	SH		SOLE		0	0	39,079
VANGUARD CHARLOTTE FDS	INTL BD IDX ETF	92203J407	45	827	SH		OTR	1	827	0	0
VANGUARD CHARLOTTE FDS	INTL BD IDX ETF	92203J407	3,257	60,000	SH		SOLE		0	0	60,000
VANGUARD WHITEHALL FDS INC	EMERG MKT BD ETF	921946885	545	7,025	SH		SOLE		0	0	7,025
FLEXSHARES TR	INTL QLTDV IDX	33939L837	889	39,492	SH		SOLE		0	0	39,492
ISHARES TR	USA VALUE FACTOR	46432F388	1,088	15,502	SH		OTR	1	15,502	0	0
ISHARES TR	USA VALUE FACTOR	46432F388	83,663	1,191,948	SH		SOLE		0	0	1,191,948
EXCHANGE LISTED FDS TR	HRZN S&P500 CV C	30151E103	211	4,643	SH		SOLE		0	0	4,643
SCHWAB STRATEGIC TR	SCHWB FDT EMK LG	808524730	1,789	74,863	SH		SOLE		0	0	74,863
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	1,639	65,309	SH		SOLE		0	0	65,309
ISHARES TR	USA QUALITY FCTR	46432F339	1,519	21,989	SH		OTR	1	21,989	0	0
ISHARES TR	USA QUALITY FCTR	46432F339	78,797	1,140,335	SH		SOLE		0	0	1,140,335
ISHARES U S ETF TR	SHT MAT BD ETF	46431W507	2	40	SH		SOLE		0	0	40
FLEXSHARES TR	STOXX GLOBR INF	33939L795	101	2,338	SH		OTR	1	2,338	0	0
FLEXSHARES TR	STOXX GLOBR INF	33939L795	5,633	130,187	SH		SOLE		0	0	130,187
DBX ETF TR	DB XTR MSCI EUR	233051853	2,816	111,000	SH		SOLE		0	0	111,000
FIDELITY	MSCI ENERGY IDX	316092402	2,012	95,000	SH		SOLE		0	0	95,000
FIDELITY	MSCI HLTH CARE I	316092600	147	4,460	SH		SOLE		0	0	4,460
FIDELITY	MSCI INFO TECH I	316092808	2,621	71,000	SH		SOLE		0	0	71,000
TWITTER INC	COM	90184L102	26	1,600	SH		SOLE		0	0	1,600
DBX ETF TR	DBXTR HAR CS 300	233051879	1,384	59,000	SH		SOLE		0	0	59,000
FIRST TR EXCHAN TRADED FD VI	FST TR GLB FD	33739H101	9	436	SH		SOLE		0	0	436
FLEXSHARES TR	GLB QLT R/E IDX	33939L787	10	175	SH		SOLE		0	0	175
WISDOMTREE TR	BLMBG US BULL	97717W471	5	188	SH		SOLE		0	0	188
GLOBAL X FDS	GBL X MSCI NGR	37950E424	388	91,000	SH		SOLE		0	0	91,000
FIDELITY	MSCI FINLS IDX	316092501	6,502	188,016	SH		SOLE		0	0	188,016
ONE GAS INC	COM	68235P108	32	501	SH		SOLE		0	0	501
ISHARES TR	HDG MSCI JAPAN	46434V886	6,008	216,133	SH		SOLE		0	0	216,133
ISHARES TR	HDG MSCI EAFE	46434V803	185	7,072	SH		SOLE		0	0	7,072
ALPHABET INC	CAP STK CL C	02079K107	6	8	SH		SOLE		0	0	8
CAMBRIA ETF TR	GLOBAL VALUE ETF	132061409	1,982	98,100	SH		SOLE		0	0	98,100
POWERSHARES ETF TR II	VAR RATE PFD POR	73937B597	6,146	249,755	SH		SOLE		0	0	249,755
ISHARES TR	CORE MSCI EURO	46434V738	1,402	34,453	SH		SOLE		0	0	34,453
J P MORGAN EXCHANGE TRADED F	DIV RTN GLB EQ	46641Q100	5,773	113,493	SH		SOLE		0	0	113,493
FIRST TR EXCHANGE TRADED FD	DORSEY WRIGHT	33738R886	5,841	343,000	SH		SOLE		0	0	343,000
CDK GLOBAL INC	COM	12508E101	4	69	SH		SOLE		0	0	69
FIDELITY	TOTAL BD ETF	316188309	1,737	34,883	SH		OTR	1	34,883	0	0
FIDELITY	TOTAL BD ETF	316188309	11,952	240,000	SH		SOLE		0	0	240,000
POWERSHARES ACT MANG COMM FD	OPT YLD DIV	73937V106	17	958	SH		SOLE		0	0	958
J P MORGAN EXCHANGE TRADED F	DIV RTN INT EQ	46641Q209	47,831	977,331	SH		SOLE		0	0	977,331
ISHARES U S ETF TR	COMMOD SEL STG	46431W853	20,538	598,957	SH		SOLE		0	0	598,957
SSGA ACTIVE ETF TR	SPDR TR TACTIC	78467V848	196	4,053	SH		OTR	1	4,053	0	0
SSGA ACTIVE ETF TR	SPDR TR TACTIC	78467V848	51,441	1,063,058	SH		SOLE		310,414	0	752,644
ETF SER SOLUTIONS	US GLB JETS	26922A842	474	17,000	SH		SOLE		0	0	17,000
KRAFT HEINZ CO	COM	500754106	13	152	SH		SOLE		0	0	152
VANGUARD MUN BD FD INC	TAX EXEMPT BD	922907746	75	1,500	SH		OTR	1	1,500	0	0
VANGUARD MUN BD FD INC	TAX EXEMPT BD	922907746	7,657	152,356	SH		SOLE		10,000	0	142,356
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	2	86	SH		SOLE		0	0	86
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	5,264	171,176	SH		SOLE		0	0	171,176
GOLDMAN SACHS ETF TR	ACTIVEBETA EME	381430206	13,755	514,000	SH		SOLE		0	0	514,000
VANGUARD WHITEHALL FDS INC	INTL DVD ETF	921946810	475	9,000	SH		SOLE		0	0	9,000
CHARTER COMMUNICATIONS INC N	CL A	16119P108	3	9	SH		SOLE		0	0	9
RYDEX ETF TRUST	GUGGENHEIM SP	78355W486	68	2,586	SH		SOLE		0	0	2,586
ISHARES TR	MSCI GLOBAL IMP	46435G532	639	13,400	SH		SOLE		0	0	13,400
FORTIVE CORP	COM	34959J108	8	150	SH		SOLE		0	0	150
J P MORGAN EXCHANGE TRADED F	DIVERSIFIED ET	46641Q803	34	1,337	SH		SOLE		0	0	1,337
YUM CHINA HLDGS INC	COM	98850P109	7	252	SH		SOLE		0	0	252