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	391	8,810	SH		SOLE		0	0	8,810
AGNICO EAGLE MINES LTD	COM	008474108	616	14,526	SH		SOLE		0	0	14,526
AMAZON COM INC	COM	023135106	4,278	4,825	SH		SOLE		0	0	4,825
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	10,942	512,017	SH		SOLE		0	0	512,017
AMERICAN INTL GROUP INC	COM NEW	026874784	4,452	71,317	SH		SOLE		0	0	71,317
AMGEN INC	COM	031162100	1,196	7,291	SH		SOLE		0	0	7,291
ANNALY CAP MGMT INC	COM	035710409	349	31,410	SH		SOLE		0	0	31,410
APPLE INC	COM	037833100	3,754	26,128	SH		SOLE		0	0	26,128
BANK OF AMERICA CORPORATION	COM	060505104	8,118	344,117	SH		SOLE		0	0	344,117
BARRICK GOLD CORP	COM	067901108	2,429	127,908	SH		SOLE		0	0	127,908
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	1,249	5	SH		SOLE		0	0	5
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,995	17,971	SH		SOLE		0	0	17,971
BLACKROCK INTL GRWTH & INC T	COM BENE INTER	092524107	2,219	383,315	SH		SOLE		0	0	383,315
CASEYS GEN STORES INC	COM	147528103	1,122	9,996	SH		SOLE		0	0	9,996
CATERPILLAR INC DEL	COM	149123101	2,961	31,924	SH		SOLE		0	0	31,924
CELGENE CORP	COM	151020104	3,138	25,222	SH		SOLE		0	0	25,222
COCA COLA CO	COM	191216100	205	4,831	SH		SOLE		0	0	4,831
COLUMBIA PPTY TR INC	COM NEW	198287203	204	9,161	SH		SOLE		0	0	9,161
DANAHER CORP DEL	COM	235851102	209	2,440	SH		SOLE		0	0	2,440
DEL TACO RESTAURANTS INC	COM	245496104	252	18,994	SH		SOLE		0	0	18,994
DISNEY WALT CO	COM DISNEY	254687106	476	4,202	SH		SOLE		0	0	4,202
DU PONT E I DE NEMOURS & CO	COM	263534109	358	4,451	SH		SOLE		0	0	4,451
FS INVT CORP	COM	302635107	7,241	738,843	SH		SOLE		0	0	738,843
FORD MTR CO DEL	COM PAR $0.01	345370860	199	17,085	SH		SOLE		0	0	17,085
GENERAL ELECTRIC CO	COM	369604103	861	28,905	SH		SOLE		0	0	28,905
GREEN BRICK PARTNERS INC	COM	392709101	353	35,442	SH		SOLE		0	0	35,442
INTEL CORP	COM	458140100	365	10,106	SH		SOLE		0	0	10,106
INTERNATIONAL BUSINESS MACHS	COM	459200101	369	2,119	SH		SOLE		0	0	2,119
ISHARES GOLD TRUST	ISHARES	464285105	307	25,562	SH		SOLE		0	0	25,562
ISHARES	TIPS BD ETF	464287176	219	1,908	SH		SOLE		0	0	1,908
ISHARES	CORE TOTUSBD ETF	464287226	1,269	11,699	SH		SOLE		0	0	11,699
ISHARES	GLOBAL TECH ETF	464287291	478	3,849	SH		SOLE		0	0	3,849
ISHARES	GLOB HLTHCRE ETF	464287325	439	4,273	SH		SOLE		0	0	4,273
ISHARES	GLOBAL FINLS ETF	464287333	409	6,716	SH		SOLE		0	0	6,716
ISHARES TR	MSCI EAFE ETF	464287465	727	11,679	SH		SOLE		0	0	11,679
ISHARES	CORE S&P MCP ETF	464287507	1,561	9,117	SH		SOLE		0	0	9,117
ISHARES	S&P MC 400VL ETF	464287705	262	1,767	SH		SOLE		0	0	1,767
ISHARES	CORE S&P SCP ETF	464287804	1,030	14,892	SH		SOLE		0	0	14,892
ISHARES	SP SMCP600GR ETF	464287887	323	2,107	SH		SOLE		0	0	2,107
ISHARES	NAT AMT FREE BD	464288414	365	3,352	SH		SOLE		0	0	3,352
ISHARES	INTERM CR BD ETF	464288638	310	2,846	SH		SOLE		0	0	2,846
ISHARES	U.S. PFD STK ETF	464288687	1,572	40,627	SH		SOLE		0	0	40,627
JOHNSON & JOHNSON	COM	478160104	602	4,836	SH		SOLE		0	0	4,836
KEMPHARM INC	COM	488445107	4,171	851,221	SH		SOLE		0	0	851,221
MICROSOFT CORP	COM	594918104	659	10,007	SH		SOLE		0	0	10,007
OAKTREE CAP GROUP LLC	UNIT CL A	674001201	417	9,213	SH		SOLE		0	0	9,213
PENNANTPARK INVT CORP	COM	708062104	410	50,333	SH		SOLE		0	0	50,333
PEPSICO INC	COM	713448108	289	2,585	SH		SOLE		0	0	2,585
PFIZER INC	COM	717081103	470	13,741	SH		SOLE		0	0	13,741
PROCTOR & GAMBLE CO	COM	742718109	828	9,212	SH		SOLE		0	0	9,212
SHERWIN WILLIAMS CO	COM	824348106	226	727	SH		SOLE		0	0	727
SILVER WHEATON CORP	COM	828336107	2,626	126,021	SH		SOLE		0	0	126,021
STARBUCKS CORP	COM	855244109	278	4,758	SH		SOLE		0	0	4,758
US BANCORP DEL	COM NEW	902973304	264	5,133	SH		SOLE		0	0	5,133
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	229	2,734	SH		SOLE		0	0	2,734
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	572	11,950	SH		SOLE		0	0	11,950
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	7,769	35,911	SH		SOLE		0	0	35,911
VANGUARD INDEX FDS	REIT ETF	922908553	271	3,280	SH		SOLE		0	0	3,280
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,507	13,945	SH		SOLE		0	0	13,945
VANGUARD INDEX FDS	SMALL CP ETF	922908751	200	1,503	SH		SOLE		0	0	1,503
WELLS FARGO & CO NEW	COM	949746101	621	11,158	SH		SOLE		0	0	11,158
XENIA HOTELS & RESORTS INC	COM	984017103	720	42,186	SH		SOLE		0	0	42,186
AALS ETF TR	ALERIAN MLP	00162Q866	5,757	452,976	SH		SOLE		0	0	452,976
AT&T INC	COM	00206R102	550	13,241	SH		SOLE		0	0	13,241
ABBVIE INC	COM	00287Y109	631	9,684	SH		SOLE		0	0	9,684
ADVENT CLAYMORE CV SECS & IN	COM	00764C109	2,263	144,523	SH		SOLE		0	0	144,523
ALPHABET INC	CAP STK CL C	02079K107	747	901	SH		SOLE		0	0	901
ALPHABET INC	CAP STK CL A	02079K305	3,452	4,072	SH		SOLE		0	0	4,072
BARCLAYS BANK PLC	ADR PFD SR 5	06739H362	830	32,089	SH		SOLE		0	0	32,089
CISCO SYS INC	COM	17275R102	1,621	47,958	SH		SOLE		0	0	47,958
CLAYMORE EXCHANGE TRD FD TR	GUGG ENH SHT DUR	18383M654	988	19,664	SH		SOLE		0	0	19,664
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	585	27,134	SH		SOLE		0	0	27,134
CONOCOPHILLIPS	COM	20825C104	213	4,264	SH		SOLE		0	0	4,264
DREYFUS STRATEGIC MUN BD FD	COM	26202F107	2,148	259,443	SH		SOLE		0	0	259,443
EOG RES INC	COM	26875P101	5,647	57,886	SH		SOLE		0	0	57,886
EXXON MOBIL CORP	COM	30231G102	1,036	12,628	SH		SOLE		0	0	12,628
GLOBAL X FDS	GLBL X MLP ETF	37950E473	765	65,863	SH		SOLE		0	0	65,863
GOLDMAN SACHS GROUP INC	COM	38141G104	2,190	9,533	SH		SOLE		0	0	9,533
HOWARD HUGHES CORP	COM	44267D107	3,200	27,292	SH		SOLE		0	0	27,292
INVESCO SR INCOME TR	COM	46131H107	1,343	290,142	SH		SOLE		0	0	290,142
JPMORGAN CHASE & CO	COM	46625H100	668	7,606	SH		SOLE		0	0	7,606
MEDLEY CAP CORP	COM	58503F106	220	28,620	SH		SOLE		0	0	28,620
NETFLIX INC	COM	64110L106	329	2,228	SH		SOLE		0	0	2,228
NORTHSTAR REALTY EUROPE CORP	COM	66706L101	119	10,231	SH		SOLE		0	0	10,231
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	2,422	23,969	SH		SOLE		0	0	23,969
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	1,391	10,507	SH		SOLE		0	0	10,507
POWERSHARES ETF TR II	SOVEREIGN DEBT	73936T573	793	27,282	SH		SOLE		0	0	27,282
PRINCIPAL FINL GROUP INC	COM	74251V102	387	6,136	SH		SOLE		0	0	6,136
PROSPECT CAPITAL CORPORATION	COM	74348T102	202	22,325	SH		SOLE		0	0	22,325
PRUDENTIAL SHT DURATION HG Y	COM	74442F107	345	22,432	SH		SOLE		0	0	22,432
RETAIL PPTYS AMER INC	CL A	76131V202	509	35,272	SH		SOLE		0	0	35,272
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	857	9,440	SH		SOLE		0	0	9,440
SPDR S&P 500 ETF TR	TR UNIT	78462F103	789	3,347	SH		SOLE		0	0	3,347
SPDR GOLD TRUST	GOLD SHS	78463V107	236	1,984	SH		SOLE		0	0	1,984
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	351	7,458	SH		SOLE		0	0	7,458
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	324	8,772	SH		SOLE		0	0	8,772
SPDR SERIES TRUST	S&P REGL BKG	78464A698	3,389	62,055	SH		SOLE		0	0	62,055
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	338	6,342	SH		SOLE		0	0	6,342
SELECT INCOME REIT	COM SH BEN INT	81618T100	680	26,371	SH		SOLE		0	0	26,371
SPIRIT RLTY CAP INC NEW	COM	84860W102	149	14,745	SH		SOLE		0	0	14,745
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	126	18,200	SH		SOLE		0	0	18,200
TIER REIT INC	COM NEW	88650V208	198	11,431	SH		SOLE		0	0	11,431
TORTOISE MLP FD INC	COM	89148B101	3,130	150,606	SH		SOLE		0	0	150,606
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	436	25,025	SH		SOLE		0	0	25,025
VEREIT INC	COM	92339V100	525	61,854	SH		SOLE		0	0	61,854
VERIZON COMMUNICATIONS INC	COM	92343V104	954	19,577	SH		SOLE		0	0	19,577
VISA INC	COM CL A	92826C839	373	4,196	SH		SOLE		0	0	4,196
WESTERN ASSET EMRG MKT DEBT	COM	95766A101	430	27,744	SH		SOLE		0	0	27,744
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	270	2,254	SH		SOLE		0	0	2,254
BLACKROCK GLOBAL OPP EQTY TR	COM	092501105	518	41,741	SH		SOLE		0	0	41,741
BLACKROCK CR ALLCTN INC TR	COM	092508100	419	31,807	SH		SOLE		0	0	31,807
BLACKROCK MUNI INTER DR FD I	COM	09253X102	527	38,021	SH		SOLE		0	0	38,021
CF INDS HLDGS INC	COM	125269100	4,677	159,347	SH		SOLE		0	0	159,347
CITIGROUP INC	COM NEW	172967424	220	3,684	SH		SOLE		0	0	3,684
FIDELITY	TOTAL BD ETF	316188309	895	17,956	SH		SOLE		0	0	17,956
ISHARES SILVER TRUST	ISHARES	46428Q109	189	10,952	SH		SOLE		0	0	10,952
ISHARES TR	CORE DIV GRWTH	46434V621	1,886	61,935	SH		SOLE		0	0	61,935
NEW SR INVT GROUP INC	COM	648691103	305	29,945	SH		SOLE		0	0	29,945
NUVEEN ENHANCED MUN CREDIT O	COM SH BEN INT	67070X101	547	38,018	SH		SOLE		0	0	38,018
NUVEEN PREFERRED SECURITIES	COM	67072C105	1,158	121,433	SH		SOLE		0	0	121,433
TEMPLETON GLOBAL INCOME FD	COM	880198106	1,341	201,596	SH		SOLE		0	0	201,596
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	5,268	230,954	SH		SOLE		0	0	230,954
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	888	9,870	SH		SOLE		0	0	9,870
VANGUARD SCOTTSDALE FDS	VNG RUS2000IDX	92206C664	557	5,050	SH		SOLE		0	0	5,050
ALLIANCEBERNSTEIN NATL MUNI	COM	01864U106	527	39,417	SH		SOLE		0	0	39,417
COMPANHIA SIDERURGICA NACION	SPONSORED ADR	20440W105	44	15,116	SH		SOLE		0	0	15,116
FIRST TR ENHANCED EQTY INC F	COM	337318109	2,198	152,201	SH		SOLE		0	0	152,201
ICAHN ENTERPRISES LP	DEPOSITARY UNIT	451100101	399	7,790	SH		SOLE		0	0	7,790
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	2,161	395,714	SH		SOLE		0	0	395,714
MERCK & CO INC	COM	58933Y105	869	13,682	SH		SOLE		0	0	13,682
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	534	39,976	SH		SOLE		0	0	39,976
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	804	34,555	SH		SOLE		0	0	34,555
3M CO	COM	88579Y101	256	1,336	SH		SOLE		0	0	1,336
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	648	16,478	SH		SOLE		0	0	16,478
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	384	9,667	SH		SOLE		0	0	9,667
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	210	1,527	SH		SOLE		0	0	1,527
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	514	4,239	SH		SOLE		0	0	4,239
SEADRILL PARTNERS LLC	COMUNIT REP LB	Y7545W109	88	24,367	SH		SOLE		0	0	24,367
ISHARES TR	RUS 1000 GRW ETF	464287614	461	4,052	SH		SOLE		0	0	4,052
AEGON N V	NY REGISTRY SH	007924103	86	16,809	SH		SOLE		0	0	16,809
ALTRIA GROUP INC	COM	02209S103	309	4,326	SH		SOLE		0	0	4,326
APOLLO COML REAL EST FIN INC	COM	03762U105	485	25,780	SH		SOLE		0	0	25,780
ARCHER DANIELS MIDLAND CO	COM	039483102	508	11,037	SH		SOLE		0	0	11,037
ATHERSYS INC	COM	04744L106	24	13,849	SH		SOLE		0	0	13,849
BLACKROCK DEBT STRAT FD INC	COM NEW	09255R202	333	28,922	SH		SOLE		0	0	28,922
BOEING CO	COM	097023105	424	2,395	SH		SOLE		0	0	2,395
CA INC	COM	12673P105	552	17,408	SH		SOLE		0	0	17,408
CANADIAN PAC RY LTD	COM	13645T100	2,814	19,156	SH		SOLE		0	0	19,156
CHEVRON CORP NEW	COM	166764100	255	2,375	SH		SOLE		0	0	2,375
CHROMADEX CORP	COM NEW	171077407	175	65,093	SH		SOLE		0	0	65,093
DOW CHEM CO	COM	260543103	275	4,333	SH		SOLE		0	0	4,333
EATON VANCE TX MNG BY WRT OP	COM	27828Y108	189	12,415	SH		SOLE		0	0	12,415
GILEAD SCIENCES INC	COM	375558103	565	8,323	SH		SOLE		0	0	8,323
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	499	11,828	SH		SOLE		0	0	11,828
GUGGENHEIM ENHNCD EQTY INCM	COM	40167B100	195	24,135	SH		SOLE		0	0	24,135
INDEPENDENCE RLTY TR INC	COM	45378A106	930	99,300	SH		SOLE		0	0	99,300
ISHARES TR	CORE HIGH DV ETF	46429B663	537	6,403	SH		SOLE		0	0	6,403
METLIFE INC	COM	59156R108	601	11,371	SH		SOLE		0	0	11,371
NEW GOLD INC CDA	COM	644535106	2,120	711,410	SH		SOLE		0	0	711,410
NEW RESIDENTIAL INVT CORP	COM NEW	64828T201	460	27,110	SH		SOLE		0	0	27,110
NORTHWEST BANCSHARES INC MD	COM	667340103	216	12,825	SH		SOLE		0	0	12,825
NVIDIA CORP	COM	67066G104	314	2,884	SH		SOLE		0	0	2,884
OCLARO INC	COM NEW	67555N206	2,821	287,316	SH		SOLE		0	0	287,316
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	404	3,972	SH		SOLE		0	0	3,972
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	596	19,054	SH		SOLE		0	0	19,054
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	257	2,921	SH		SOLE		0	0	2,921
SCHWAB STRATEGIC TR	SCHWAB FDT US LG	808524771	274	8,100	SH		SOLE		0	0	8,100
SOUTHERN CO	COM	842587107	354	7,119	SH		SOLE		0	0	7,119
U S SILICA HLDGS INC	COM	90346E103	3,025	63,040	SH		SOLE		0	0	63,040
UNITED STATES STL CORP NEW	COM	912909108	3,363	99,453	SH		SOLE		0	0	99,453
VANGUARD WORLD FDS	INF TECH ETF	92204A702	332	2,445	SH		SOLE		0	0	2,445
VANGUARD INDEX FDS	GROWTH ETF	922908736	309	2,541	SH		SOLE		0	0	2,541
VANGUARD INDEX FDS	VALUE ETF	922908744	311	3,264	SH		SOLE		0	0	3,264
VIRTU FINL INC	CL A	928254101	601	35,325	SH		SOLE		0	0	35,325
WEST CORP	COM	952355204	376	15,400	SH		SOLE		0	0	15,400
XEROX CORP	COM	984121103	380	51,765	SH		SOLE		0	0	51,765
CORE LABORATORIES N V	COM	N22717107	3,112	26,939	SH		SOLE		0	0	26,939
REALTY INCOME CORP	COM	756109104	386	6,490	SH		SOLE		0	0	6,490
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	2,828	95,211	SH		SOLE		0	0	95,211
CVS HEALTH CORP	COM	126650100	515	6,557	SH		SOLE		0	0	6,557
COLONY NORTHSTAR INC	CL A COM	19625W104	1,011	78,282	SH		SOLE		0	0	78,282
FACEBOOK INC	CL A	30303M102	326	2,297	SH		SOLE		0	0	2,297
FIFTH STR SR FLOATNG RATE CO	COM	31679F101	1,288	146,038	SH		SOLE		0	0	146,038
FIRST TR EXCHANGE TRADED FD	SENIOR LN FD	33738D309	356	7,350	SH		SOLE		0	0	7,350
FLOWSERVE CORP	COM	34354P105	2,765	57,112	SH		SOLE		0	0	57,112
GLOBAL NET LEASE INC	COM NEW	379378201	280	11,614	SH		SOLE		0	0	11,614
ISHARES TR	EAFE SML CP ETF	464288273	285	5,255	SH		SOLE		0	0	5,255
ISHARES TR	1-3 YR CR BD ETF	464288646	242	2,301	SH		SOLE		0	0	2,301
ISHARES TR	FLTG RATE BD ETF	46429B655	633	12,450	SH		SOLE		0	0	12,450
L3 TECHNOLOGIES INC	COM	502413107	3,038	18,378	SH		SOLE		0	0	18,378
LIBERTY MEDIA CORP DELAWARE	COM A BRAVES GRP	531229706	1,210	50,559	SH		SOLE		0	0	50,559
LIBERTY MEDIA CORP DELAWARE	COM C BRAVES GRP	531229888	2,193	92,709	SH		SOLE		0	0	92,709
LIONS GATE ENTMNT CORP	CL B NON VTG	535919500	2,118	86,872	SH		SOLE		0	0	86,872
MARATHON PETE CORP	COM	56585A102	504	9,964	SH		SOLE		0	0	9,964
OMEGA HEALTHCARE INVS INC	COM	681936100	216	6,560	SH		SOLE		0	0	6,560
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	500	2,423	SH		SOLE		0	0	2,423
VIACOM INC NEW	CL B	92553P201	592	12,695	SH		SOLE		0	0	12,695
WESTERN UN CO	COM	959802109	401	19,700	SH		SOLE		0	0	19,700
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	230	4,551	SH		SOLE		0	0	4,551