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
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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
ABBOTT LABS	COM	002824100	447	9,110	SH		SOLE		0	0	9,110
AMAZON COM INC	COM	023135106	2,387	5,500	SH		SOLE		0	0	5,500
AMERICAN APPAREL INC	COM	023850100	40	80,640	SH		SOLE		0	0	80,640
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	4,841	174,715	SH		SOLE		0	0	174,715
AMERICAN INTL GROUP INC	COM NEW	026874784	11,484	185,758	SH		SOLE		0	0	185,758
AMGEN INC	COM	031162100	352	2,290	SH		SOLE		0	0	2,290
ANNALY CAP MGMT INC	COM	035710409	234	25,503	SH		SOLE		0	0	25,503
APPLE INC	COM	037833100	10,137	80,820	SH		SOLE		0	0	80,820
APPLE INC	CALL	037833900	266	49	SH	Call	SOLE		0	0	49
BANK OF AMERICA CORPORATION	COM	060505104	17,876	1,050,317	SH		SOLE		0	0	1,050,317
BANK OF AMERICA CORPORATION	*W EXP 01/16/201	060505146	1,860	301,475	SH		SOLE		0	0	301,475
BARRICK GOLD CORP	COM	067901108	1,006	94,405	SH		SOLE		0	0	94,405
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	819	4	SH		SOLE		0	0	4
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,604	11,783	SH		SOLE		0	0	11,783
BLOCK H & R INC	COM	093671105	239	8,051	SH		SOLE		0	0	8,051
BROOKDALE SR LIVING INC	COM	112463104	228	6,583	SH		SOLE		0	0	6,583
CASELLA WASTE SYS INC	CL A	147448104	84	15,000	SH		SOLE		0	0	15,000
CASEYS GEN STORES INC	COM	147528103	957	9,992	SH		SOLE		0	0	9,992
CATERPILLAR INC DEL	COM	149123101	232	2,741	SH		SOLE		0	0	2,741
CELGENE CORP	COM	151020104	386	3,336	SH		SOLE		0	0	3,336
CHESAPEAKE ENERGY CORP	COM	165167107	863	77,259	SH		SOLE		0	0	77,259
COCA COLA CO	COM	191216100	527	13,421	SH		SOLE		0	0	13,421
COLUMBIA PPTY TR INC	COM NEW	198287203	303	12,334	SH		SOLE		0	0	12,334
DANAHER CORP DEL	COM	235851102	274	3,203	SH		SOLE		0	0	3,203
DEERE & CO	COM	244199105	271	2,794	SH		SOLE		0	0	2,794
DIGITAL RLTY TR INC	COM	253868103	1,735	26,016	SH		SOLE		0	0	26,016
DISNEY WALT CO	COM DISNEY	254687106	2,457	21,530	SH		SOLE		0	0	21,530
ENCANA CORP	COM	292505104	273	24,813	SH		SOLE		0	0	24,813
FS INVT CORP	COM	302635107	10,108	1,027,185	SH		SOLE		0	0	1,027,185
FASTENAL CO	COM	311900104	704	16,699	SH		SOLE		0	0	16,699
FORD MTR CO DEL	COM PAR $0.01	345370860	163	10,851	SH		SOLE		0	0	10,851
GENERAL ELECTRIC CO	COM	369604103	577	21,713	SH		SOLE		0	0	21,713
GLOBAL NET LEASE INC	COM	379378102	1,515	171,335	SH		SOLE		0	0	171,335
GRAINGER W W INC	COM	384802104	642	2,714	SH		SOLE		0	0	2,714
GREEN BRICK PARTNERS INC	COM	392709101	388	35,442	SH		SOLE		0	0	35,442
HEARTLAND EXPRESS INC	COM	422347104	677	33,446	SH		SOLE		0	0	33,446
HUNT J B TRANS SVCS INC	COM	445658107	209	2,552	SH		SOLE		0	0	2,552
ILLUMINA INC	COM	452327109	2,399	10,986	SH		SOLE		0	0	10,986
INTERNATIONAL BUSINESS MACHS	COM	459200101	1,172	7,206	SH		SOLE		0	0	7,206
ISHARES	TIPS BD ETF	464287176	588	5,244	SH		SOLE		0	0	5,244
ISHARES TR	CORE S&P500 ETF	464287200	263	1,270	SH		SOLE		0	0	1,270
ISHARES	CORE TOTUSBD ETF	464287226	553	5,085	SH		SOLE		0	0	5,085
ISHARES	GLOBAL TECH ETF	464287291	454	4,743	SH		SOLE		0	0	4,743
ISHARES	S&P 500 GRWT ETF	464287309	864	7,585	SH		SOLE		0	0	7,585
ISHARES	GLOB HLTHCRE ETF	464287325	625	5,747	SH		SOLE		0	0	5,747
ISHARES	GLOBAL FINLS ETF	464287333	522	9,107	SH		SOLE		0	0	9,107
ISHARES	S&P 500 VAL ETF	464287408	667	7,235	SH		SOLE		0	0	7,235
ISHARES TR	MSCI EAFE ETF	464287465	1,246	19,622	SH		SOLE		0	0	19,622
ISHARES TR	RUS MID-CAP ETF	464287499	304	1,786	SH		SOLE		0	0	1,786
ISHARES	CORE S&P MCP ETF	464287507	1,118	7,454	SH		SOLE		0	0	7,454
ISHARES TR	NASDQ BIOTEC ETF	464287556	387	1,050	SH		SOLE		0	0	1,050
ISHARES TR	S&P MC 400GR ETF	464287606	614	3,625	SH		SOLE		0	0	3,625
ISHARES TR	RUS 2000 GRW ETF	464287648	352	2,275	SH		SOLE		0	0	2,275
ISHARES TR	RUSSELL 2000 ETF	464287655	851	6,815	SH		SOLE		0	0	6,815
ISHARES	S&P MC 400VL ETF	464287705	708	5,490	SH		SOLE		0	0	5,490
ISHARES	INTERM CR BD ETF	464288638	317	2,911	SH		SOLE		0	0	2,911
ISHARES	U.S. PFD STK ETF	464288687	421	10,753	SH		SOLE		0	0	10,753
LEUCADIA NATL CORP	COM	527288104	1,660	68,373	SH		SOLE		0	0	68,373
LOEWS CORP	COM	540424108	430	11,176	SH		SOLE		0	0	11,176
OAKTREE CAP GROUP LLC	UNIT CL A	674001201	344	6,463	SH		SOLE		0	0	6,463
PENNANTPARK INVT CORP	COM	708062104	547	62,349	SH		SOLE		0	0	62,349
PFIZER INC	COM	717081103	218	6,489	SH		SOLE		0	0	6,489
PROCTOR & GAMBLE CO	COM	742718109	325	4,150	SH		SOLE		0	0	4,150
SALEM COMMUNICATIONS CORP DE	CL A	794093104	113	17,858	SH		SOLE		0	0	17,858
SHERWIN WILLIAMS CO	COM	824348106	221	802	SH		SOLE		0	0	802
STARBUCKS CORP	COM	855244109	2,587	48,243	SH		SOLE		0	0	48,243
US BANCORP DEL	COM NEW	902973304	221	5,099	SH		SOLE		0	0	5,099
UNITED DEV FDG IV	COM	910187103	524	29,962	SH		SOLE		0	0	29,962
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	528	6,294	SH		SOLE		0	0	6,294
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	555	6,919	SH		SOLE		0	0	6,919
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	459	9,446	SH		SOLE		0	0	9,446
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	374	6,935	SH		SOLE		0	0	6,935
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	445	2,356	SH		SOLE		0	0	2,356
VANGUARD INDEX FDS	REIT ETF	922908553	227	3,034	SH		SOLE		0	0	3,034
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,258	13,265	SH		SOLE		0	0	13,265
WELLS FARGO & CO NEW	COM	949746101	239	4,248	SH		SOLE		0	0	4,248
XENIA HOTELS & RESORTS INC	COM	984017103	1,019	46,868	SH		SOLE		0	0	46,868
NOVAGOLD RES INC	COM NEW	66987E206	787	230,111	SH		SOLE		0	0	230,111
AT&T INC	COM	00206R102	321	9,049	SH		SOLE		0	0	9,049
ABBVIE INC	COM	00287Y109	656	9,760	SH		SOLE		0	0	9,760
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	1,041	12,648	SH		SOLE		0	0	12,648
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	330	40,576	SH		SOLE		0	0	40,576
BARCLAYS BANK PLC	ADR PFD SR 5	06739H362	1,153	44,349	SH		SOLE		0	0	44,349
BLACKROCK MUNIVEST FN INC	COM	09253R105	328	34,420	SH		SOLE		0	0	34,420
CME GROUP INC	COM	12572Q105	2,211	23,760	SH		SOLE		0	0	23,760
CISCO SYS INC	COM	17275R102	481	17,525	SH		SOLE		0	0	17,525
DIREXION SHS ETF TR	ALL CP INSIDER	25459Y769	393	5,548	SH		SOLE		0	0	5,548
DREYFUS STRATEGIC MUN BD FD	COM	26202F107	1,070	139,567	SH		SOLE		0	0	139,567
EATON VANCE RISK MNGD DIV EQ	COM	27829G106	899	83,184	SH		SOLE		0	0	83,184
EXXON MOBIL CORP	COM	30231G102	305	3,668	SH		SOLE		0	0	3,668
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	915	38,551	SH		SOLE		0	0	38,551
FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH	33734X143	335	4,863	SH		SOLE		0	0	4,863
FIVE STAR QUALITY CARE INC	COM	33832D106	65	13,595	SH		SOLE		0	0	13,595
GLOBAL X FDS	SILVER MNR ETF	37950E853	107	12,540	SH		SOLE		0	0	12,540
GOLDMAN SACHS GROUP INC	COM	38141G104	322	1,543	SH		SOLE		0	0	1,543
GOOGLE INC	CL A	38259P508	2,451	4,539	SH		SOLE		0	0	4,539
GREENHUNTER RES INC	COM	39530A104	32	46,000	SH		SOLE		0	0	46,000
HOWARD HUGHES CORP	COM	44267D107	210	1,463	SH		SOLE		0	0	1,463
INVESCO DYNAMIC CR OPP FD	COM	46132R104	146	12,593	SH		SOLE		0	0	12,593
INVESCO MUNI INCOME OPP TRST	COM	46132X101	330	49,437	SH		SOLE		0	0	49,437
JPMORGAN CHASE & CO	COM	46625H100	444	6,557	SH		SOLE		0	0	6,557
LEGG MASON BW GLB INC OPP FD	COM	52469B100	1,039	73,034	SH		SOLE		0	0	73,034
LEVY ACQUISITION CORP	COM	52748T104	628	41,245	SH		SOLE		0	0	41,245
LEVY ACQUISITION CORP	UNIT 99/99/9999	52748T203	324	18,400	SH		SOLE		0	0	18,400
LIBERATOR MEDICAL HLDGS INC	COM	53012L108	50	22,000	SH		SOLE		0	0	22,000
LINKEDIN CORP	COM CL A	53578A108	2,242	10,850	SH		SOLE		0	0	10,850
MEDLEY CAP CORP	COM	58503F106	241	27,050	SH		SOLE		0	0	27,050
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	1,238	137,201	SH		SOLE		0	0	137,201
NEW YORK REIT INC	COM	64976L109	900	90,463	SH		SOLE		0	0	90,463
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	175	11,031	SH		SOLE		0	0	11,031
NUVEEN MUN ADVANTAGE FD INC	COM	67062H106	326	25,057	SH		SOLE		0	0	25,057
NUVEEN PREM INCOME MUN FD 2	COM	67063W102	326	24,547	SH		SOLE		0	0	24,547
NUVEEN QUALITY PFD INC FD 3	COM	67072W101	841	103,208	SH		SOLE		0	0	103,208
NYMOX PHARMACEUTICAL CORP	COM	67076P102	13	10,000	SH		SOLE		0	0	10,000
PTC INC	COM	69370C100	1,957	47,705	SH		SOLE		0	0	47,705
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	1,147	11,489	SH		SOLE		0	0	11,489
POWERSHARES ETF TRUST	GBL LSTD PVT EQT	73935X195	327	28,204	SH		SOLE		0	0	28,204
POWERSHARES GLOBAL ETF FD	S&P 500 BUYWRT	73936G308	237	11,287	SH		SOLE		0	0	11,287
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	383	7,700	SH		SOLE		0	0	7,700
PROSPECT CAPITAL CORPORATION	COM	74348T102	161	21,900	SH		SOLE		0	0	21,900
RCS CAP CORP	COM CL A	74937W102	374	48,792	SH		SOLE		0	0	48,792
RETAIL PPTYS AMER INC	CL A	76131V202	483	34,676	SH		SOLE		0	0	34,676
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,399	16,511	SH		SOLE		0	0	16,511
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	394	8,597	SH		SOLE		0	0	8,597
SPDR SERIES TRUST	BRC CNV SECS ETF	78464A359	517	10,866	SH		SOLE		0	0	10,866
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	532	13,838	SH		SOLE		0	0	13,838
SPDR SERIES TRUST	S&P REGL BKG	78464A698	2,216	50,184	SH		SOLE		0	0	50,184
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	893	3,269	SH		SOLE		0	0	3,269
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	627	8,196	SH		SOLE		0	0	8,196
SELECT INCOME REIT	COM SH BEN INT	81618T100	795	38,512	SH		SOLE		0	0	38,512
SKYWORKS SOLUTIONS INC	COM	83088M102	2,715	26,078	SH		SOLE		0	0	26,078
SPIRIT RLTY CAP INC NEW	COM	84860W102	216	22,368	SH		SOLE		0	0	22,368
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	116	18,800	SH		SOLE		0	0	18,800
STANDARD PAC CORP NEW	COM	85375C101	124	13,863	SH		SOLE		0	0	13,863
SUNOPTA INC	COM	8676EP108	183	17,050	SH		SOLE		0	0	17,050
TORTOISE MLP FD INC	COM	89148B101	1,047	49,289	SH		SOLE		0	0	49,289
UBS AG LONDON BRH	2X LEV LNG LKD	90267B765	264	12,950	SH		SOLE		0	0	12,950
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	682	33,675	SH		SOLE		0	0	33,675
VERIZON COMMUNICATIONS INC	COM	92343V104	661	14,181	SH		SOLE		0	0	14,181
VISA INC	COM CL A	92826C839	264	3,924	SH		SOLE		0	0	3,924
SHIP FINANCE INTERNATIONAL L	SHS	G81075106	222	13,587	SH		SOLE		0	0	13,587