Arete Wealth Management 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
AMERICAN APPAREL INC	COM	023850100	57	80,640	SH		SOLE		0	0	80,640
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	3,798	173,585	SH		SOLE		0	0	173,585
AMERICAN INTL GROUP INC	COM NEW	026874784	15,146	276,441	SH		SOLE		0	0	276,441
ANNALY CAP MGMT INC	COM	035710409	252	24,222	SH		SOLE		0	0	24,222
APPLE INC	COM	037833100	8,993	72,350	SH		SOLE		0	0	72,350
APPLE INC	CALL	037833900	262	49	SH	Call	SOLE		0	0	49
BANK OF AMERICA CORPORATION	COM	060505104	16,691	1,084,556	SH		SOLE		0	0	1,084,556
BANK OF AMERICA CORPORATION	*W EXP 01/16/201	060505146	1,720	293,000	SH		SOLE		0	0	293,000
BARRICK GOLD CORP	COM	067901108	1,065	97,166	SH		SOLE		0	0	97,166
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	870	4	SH		SOLE		0	0	4
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,478	10,241	SH		SOLE		0	0	10,241
BLOCK H & R INC	COM	093671105	257	8,001	SH		SOLE		0	0	8,001
CASELLA WASTE SYS INC	CL A	147448104	83	15,000	SH		SOLE		0	0	15,000
CASEYS GEN STORES INC	COM	147528103	899	9,976	SH		SOLE		0	0	9,976
CATERPILLAR INC DEL	COM	149123101	225	2,815	SH		SOLE		0	0	2,815
CELGENE CORP	COM	151020104	392	3,426	SH		SOLE		0	0	3,426
CHESAPEAKE ENERGY CORP	COM	165167107	1,235	87,213	SH		SOLE		0	0	87,213
COLUMBIA PPTY TR INC	COM NEW	198287203	332	12,304	SH		SOLE		0	0	12,304
CREDIT SUISSE ASSET MGMT INC	COM	224916106	169	52,280	SH		SOLE		0	0	52,280
DANAHER CORP DEL	COM	235851102	309	3,638	SH		SOLE		0	0	3,638
DIGITAL RLTY TR INC	COM	253868103	1,690	25,629	SH		SOLE		0	0	25,629
EXCO RESOURCES INC	COM	269279402	349	190,473	SH		SOLE		0	0	190,473
ENCANA CORP	COM	292505104	303	27,202	SH		SOLE		0	0	27,202
FS INVT CORP	COM	302635107	11,300	1,115,495	SH		SOLE		0	0	1,115,495
FORD MTR CO DEL	COM PAR $0.01	345370860	256	16,010	SH		SOLE		0	0	16,010
GENERAL ELECTRIC CO	COM	369604103	567	22,846	SH		SOLE		0	0	22,846
HEARTLAND EXPRESS INC	COM	422347104	795	33,446	SH		SOLE		0	0	33,446
INTERNATIONAL BUSINESS MACHS	COM	459200101	789	4,922	SH		SOLE		0	0	4,922
ISHARES	TIPS BD ETF	464287176	618	5,443	SH		SOLE		0	0	5,443
ISHARES	CORE TOTUSBD ETF	464287226	724	6,498	SH		SOLE		0	0	6,498
ISHARES	GLOBAL TECH ETF	464287291	570	5,880	SH		SOLE		0	0	5,880
ISHARES	S&P 500 GRWT ETF	464287309	859	7,540	SH		SOLE		0	0	7,540
ISHARES	GLOB HLTHCRE ETF	464287325	621	5,757	SH		SOLE		0	0	5,757
ISHARES	GLOBAL FINLS ETF	464287333	519	9,107	SH		SOLE		0	0	9,107
ISHARES	S&P 500 VAL ETF	464287408	669	7,228	SH		SOLE		0	0	7,228
ISHARES	CORE S&P MCP ETF	464287507	1,033	6,799	SH		SOLE		0	0	6,799
ISHARES	S&P MC 400VL ETF	464287705	713	5,445	SH		SOLE		0	0	5,445
ISHARES	INTERM CR BD ETF	464288638	322	2,911	SH		SOLE		0	0	2,911
LEUCADIA NATL CORP	COM	527288104	1,520	68,194	SH		SOLE		0	0	68,194
PENNANTPARK INVT CORP	COM	708062104	597	66,280	SH		SOLE		0	0	66,280
SALEM COMMUNICATIONS CORP DE	CL A	794093104	109	17,684	SH		SOLE		0	0	17,684
US BANCORP DEL	COM NEW	902973304	222	5,094	SH		SOLE		0	0	5,094
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	542	6,283	SH		SOLE		0	0	6,283
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	549	6,814	SH		SOLE		0	0	6,814
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	442	9,079	SH		SOLE		0	0	9,079
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,263	13,265	SH		SOLE		0	0	13,265
WELLS FARGO & CO NEW	COM	949746101	224	4,127	SH		SOLE		0	0	4,127
NOVAGOLD RES INC	COM NEW	66987E206	680	229,889	SH		SOLE		0	0	229,889
AT&T INC	COM	00206R102	298	9,129	SH		SOLE		0	0	9,129
ACHILLION PHARMACEUTICALS IN	COM	00448Q201	128	13,000	SH		SOLE		0	0	13,000
ADVENT CLAYMORE CV SECS & IN	COM	00764C109	590	34,172	SH		SOLE		0	0	34,172
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	376	38,576	SH		SOLE		0	0	38,576
BARCLAYS BANK PLC	ADR PFD SR 5	06739H362	1,259	47,910	SH		SOLE		0	0	47,910
BLACKROCK RES & COMM STRAT T	SHS	09257A108	640	67,275	SH		SOLE		0	0	67,275
CISCO SYS INC	COM	17275R102	505	18,352	SH		SOLE		0	0	18,352
CLOUGH GLOBAL EQUITY FD	COM	18914C100	737	49,021	SH		SOLE		0	0	49,021
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	604	26,581	SH		SOLE		0	0	26,581
CONOCOPHILLIPS	COM	20825C104	203	3,256	SH		SOLE		0	0	3,256
ETFS PALLADIUM TR	SH BEN INT	26923A106	876	12,282	SH		SOLE		0	0	12,282
EATON VANCE TXMGD GL BUYWR O	COM	27829C105	711	60,297	SH		SOLE		0	0	60,297
EATON VANCE RISK MNGD DIV EQ	COM	27829G106	1,373	126,863	SH		SOLE		0	0	126,863
EXXON MOBIL CORP	COM	30231G102	311	3,659	SH		SOLE		0	0	3,659
GLOBAL X FDS	SILVER MNR ETF	37950E853	105	12,540	SH		SOLE		0	0	12,540
GOOGLE INC	CL A	38259P508	1,668	3,007	SH		SOLE		0	0	3,007
GREENHUNTER RES INC	COM	39530A104	8	11,000	SH		SOLE		0	0	11,000
HOWARD HUGHES CORP	COM	44267D107	227	1,463	SH		SOLE		0	0	1,463
INVESCO DYNAMIC CR OPP FD	COM	46132R104	126	10,537	SH		SOLE		0	0	10,537
INVESCO MUNI INCOME OPP TRST	COM	46132X101	341	48,105	SH		SOLE		0	0	48,105
JPMORGAN CHASE & CO	COM	46625H100	397	6,553	SH		SOLE		0	0	6,553
LEGG MASON BW GLB INC OPP FD	COM	52469B100	1,426	89,521	SH		SOLE		0	0	89,521
LEVY ACQUISITION CORP	COM	52748T104	502	38,200	SH		SOLE		0	0	38,200
LEVY ACQUISITION CORP	*W EXP 11/19/201	52748T112	134	32,750	SH		SOLE		0	0	32,750
LEVY ACQUISITION CORP	UNIT 99/99/9999	52748T203	284	18,400	SH		SOLE		0	0	18,400
LIBERATOR MEDICAL HLDGS INC	COM	53012L108	77	22,000	SH		SOLE		0	0	22,000
NEW YORK REIT INC	COM	64976L109	810	77,585	SH		SOLE		0	0	77,585
NUVEEN QUALITY PFD INC FD 3	COM	67072W101	1,242	143,394	SH		SOLE		0	0	143,394
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	1,008	9,927	SH		SOLE		0	0	9,927
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	320	7,874	SH		SOLE		0	0	7,874
RETAIL PPTYS AMER INC	CL A	76131V202	567	35,440	SH		SOLE		0	0	35,440
SPDR S&P 500 ETF TR	TR UNIT	78462F103	4,669	22,620	SH		SOLE		0	0	22,620
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	581	11,685	SH		SOLE		0	0	11,685
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	587	14,956	SH		SOLE		0	0	14,956
SPDR SERIES TRUST	S&P REGL BKG	78464A698	260	6,379	SH		SOLE		0	0	6,379
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	896	3,232	SH		SOLE		0	0	3,232
SANDRIDGE ENERGY INC	COM	80007P307	18	10,035	SH		SOLE		0	0	10,035
SPIRIT RLTY CAP INC NEW	COM	84860W102	362	29,688	SH		SOLE		0	0	29,688
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	122	18,800	SH		SOLE		0	0	18,800
STANDARD PAC CORP NEW	COM	85375C101	125	13,863	SH		SOLE		0	0	13,863
SUNOPTA INC	COM	8676EP108	151	13,850	SH		SOLE		0	0	13,850
VERIZON COMMUNICATIONS INC	COM	92343V104	699	14,366	SH		SOLE		0	0	14,366
VISA INC	COM CL A	92826C839	256	3,920	SH		SOLE		0	0	3,920
WELLS FARGO ADVANTAGE INCOME	COM SHS	94987B105	224	25,345	SH		SOLE		0	0	25,345
WESTERN ASSET EMRG MKT DEBT	COM	95766A101	707	44,851	SH		SOLE		0	0	44,851
WPX ENERGY INC	COM	98212B103	4,677	427,943	SH		SOLE		0	0	427,943
ADVENT CLAY CONV SEC INC FD	COM	007639107	437	65,230	SH		SOLE		0	0	65,230
BLACKROCK MUNIVEST FN INC	COM	09253R105	341	33,548	SH		SOLE		0	0	33,548
BROOKDALE SR LIVING INC	COM	112463104	249	6,583	SH		SOLE		0	0	6,583
DREYFUS STRATEGIC MUN BD FD	COM	26202F107	924	114,256	SH		SOLE		0	0	114,256
FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH	33734X143	754	11,251	SH		SOLE		0	0	11,251
KITE RLTY GROUP TR	COM NEW	49803T300	203	7,206	SH		SOLE		0	0	7,206
NUVEEN MUN ADVANTAGE FD INC	COM	67062H106	334	24,274	SH		SOLE		0	0	24,274
NUVEEN PREM INCOME MUN FD 2	COM	67063W102	338	23,821	SH		SOLE		0	0	23,821
NUVEEN GLOBAL EQUITY INCOME	COM	6706EH103	184	14,250	SH		SOLE		0	0	14,250
NUVEEN CR STRATEGIES INCM FD	COM SHS	67073D102	190	20,905	SH		SOLE		0	0	20,905
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	673	25,981	SH		SOLE		0	0	25,981
PROCTOR & GAMBLE CO	COM	742718109	293	3,581	SH		SOLE		0	0	3,581
TORTOISE MLP FD INC	COM	89148B101	1,379	57,324	SH		SOLE		0	0	57,324
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	690	31,275	SH		SOLE		0	0	31,275
AMGEN INC	COM	031162100	359	2,290	SH		SOLE		0	0	2,290
COCA COLA CO	COM	191216100	435	10,721	SH		SOLE		0	0	10,721
CREDIT SUISSE HIGH YLD BND F	SH BEN INT	22544F103	589	212,664	SH		SOLE		0	0	212,664
DEERE & CO	COM	244199105	271	3,094	SH		SOLE		0	0	3,094
DELTA AIR LINES INC DEL	COM NEW	247361702	1,624	36,128	SH		SOLE		0	0	36,128
GOLDMAN SACHS GROUP INC	COM	38141G104	252	1,340	SH		SOLE		0	0	1,340
ISHARES	U.S. PFD STK ETF	464288687	423	10,546	SH		SOLE		0	0	10,546
LINKEDIN CORP	COM CL A	53578A108	1,838	7,355	SH		SOLE		0	0	7,355
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	705	18,580	SH		SOLE		0	0	18,580
SHERWIN WILLIAMS CO	COM	824348106	222	780	SH		SOLE		0	0	780
SKYWORKS SOLUTIONS INC	COM	83088M102	1,856	18,887	SH		SOLE		0	0	18,887
STARBUCKS CORP	COM	855244109	1,612	17,033	SH		SOLE		0	0	17,033
VANGUARD INDEX FDS	REIT ETF	922908553	254	3,017	SH		SOLE		0	0	3,017
CME GROUP INC	COM	12572Q105	1,513	15,972	SH		SOLE		0	0	15,972
FIVE STAR QUALITY CARE INC	COM	33832D106	60	13,595	SH		SOLE		0	0	13,595
GREEN BRICK PARTNERS INC	COM	392709101	376	45,442	SH		SOLE		0	0	45,442
ILLUMINA INC	COM	452327109	1,388	7,477	SH		SOLE		0	0	7,477
HUNT J B TRANS SVCS INC	COM	445658107	209	2,446	SH		SOLE		0	0	2,446
UBS AG LONDON BRH	2X LEV LNG LKD	90267B765	241	10,950	SH		SOLE		0	0	10,950
PROSPECT CAPITAL CORPORATION	COM	74348T102	195	23,200	SH		SOLE		0	0	23,200
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	1,920	206,003	SH		SOLE		0	0	206,003
SPDR SERIES TRUST	S&P RETAIL ETF	78464A714	413	4,083	SH		SOLE		0	0	4,083
TEKLA HEALTHCARE INVS	SH BEN INT	87911J103	431	12,550	SH		SOLE		0	0	12,550
ABBOTT LABS	COM	002824100	571	12,315	SH		SOLE		0	0	12,315
ABBVIE INC	COM	00287Y109	983	16,787	SH		SOLE		0	0	16,787
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	1,052	12,641	SH		SOLE		0	0	12,641
DIREXION SHS ETF TR	ALL CP INSIDER	25459Y769	273	3,846	SH		SOLE		0	0	3,846
GOLDMAN SACHS MLP ENERGY REN	COM	38148G107	148	10,650	SH		SOLE		0	0	10,650
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	244	11,501	SH		SOLE		0	0	11,501
ISHARES GOLD TRUST	ISHARES	464285105	116	10,108	SH		SOLE		0	0	10,108
ISHARES	MSCI JAPAN ETF	464286848	826	65,955	SH		SOLE		0	0	65,955
ISHARES TR	MSCI EAFE ETF	464287465	1,276	19,889	SH		SOLE		0	0	19,889
ISHARES TR	NASDQ BIOTEC ETF	464287556	476	1,386	SH		SOLE		0	0	1,386
ISHARES TR	RUS 2000 GRW ETF	464287648	412	2,719	SH		SOLE		0	0	2,719
ISHARES TR	RUSSELL 2000 ETF	464287655	2,844	22,868	SH		SOLE		0	0	22,868
LOEWS CORP	COM	540424108	459	11,243	SH		SOLE		0	0	11,243
OAKTREE CAP GROUP LLC	UNIT CL A	674001201	336	6,495	SH		SOLE		0	0	6,495
PFIZER INC	COM	717081103	221	6,344	SH		SOLE		0	0	6,344
RCS CAP CORP	COM CL A	74937W102	114	10,562	SH		SOLE		0	0	10,562
SALESFORCE COM INC	COM	79466L302	1,191	17,825	SH		SOLE		0	0	17,825
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	1,481	19,658	SH		SOLE		0	0	19,658
SELECT INCOME REIT	COM SH BEN INT	81618T100	656	26,295	SH		SOLE		0	0	26,295
UNITED DEV FDG IV	COM	910187103	449	25,662	SH		SOLE		0	0	25,662
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	459	2,427	SH		SOLE		0	0	2,427
XENIA HOTELS & RESORTS INC	COM	984017103	963	42,533	SH		SOLE		0	0	42,533