Klingman & Associates 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
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	568	3,098	SH		SOLE	NONE	0	0	3,098
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	1,257	12,349	SH		SOLE	NONE	0	0	12,349
WESTERN ASSET EMRG MKT DEBT	COM	95766A101	862	54,741	SH		SOLE	NONE	0	0	54,741
EXXON MOBIL CORP	COM	30231G102	1,407	17,168	SH		SOLE	NONE	0	0	17,168
SPDR SERIES TRUST	CITI INT GVT ETF	78464A490	287	5,000	SH		SOLE	NONE	0	0	5,000
VERIZON COMMUNICATIONS INC	COM	92343V104	276	5,573	SH		SOLE	NONE	0	0	5,573
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	363	4,476	SH		SOLE	NONE	0	0	4,476
VANGUARD STAR FD	VG TL INTL STK F	921909768	854	15,600	SH		SOLE	NONE	0	0	15,600
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	348	3,250	SH		SOLE	NONE	0	0	3,250
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,300	29,832	SH		SOLE	NONE	0	0	29,832
INVESCO SR INCOME TR	COM	46131H107	484	107,687	SH		SOLE	NONE	0	0	107,687
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	329	2,852	SH		SOLE	NONE	0	0	2,852
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	16,380	331,240	SH		SOLE	NONE	0	0	331,240
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,173	9,058	SH		SOLE	NONE	0	0	9,058
POWERSHARES ETF TR II	VAR RATE PFD POR	73937B597	2,557	98,140	SH		SOLE	NONE	0	0	98,140
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	581	2,519	SH		SOLE	NONE	0	0	2,519
VANGUARD INDEX FDS	MID CAP ETF	922908629	452	3,075	SH		SOLE	NONE	0	0	3,075
VANGUARD INDEX FDS	REIT ETF	922908553	5,247	63,153	SH		SOLE	NONE	0	0	63,153
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	864	9,114	SH		SOLE	NONE	0	0	9,114
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	2,326	44,122	SH		SOLE	NONE	0	0	44,122
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	1,092	25,156	SH		SOLE	NONE	0	0	25,156
VANGUARD INDEX FDS	SMALL CP ETF	922908751	667	4,717	SH		SOLE	NONE	0	0	4,717
ISHARES TR	MIN VOL USA ETF	46429B697	4,684	93,045	SH		SOLE	NONE	0	0	93,045
ISHARES TR	TIPS BD ETF	464287176	13,489	118,759	SH		SOLE	NONE	0	0	118,759
SPDR S&P 500 ETF TR	TR UNIT	78462F103	36,674	145,980	SH		SOLE	NONE	0	0	145,980
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	5,072	110,777	SH		SOLE	NONE	0	0	110,777
ISHARES TR	PHLX SEMICND ETF	464287523	698	4,400	SH		SOLE	NONE	0	0	4,400
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	22,422	245,507	SH		SOLE	NONE	0	0	245,507
ISHARES TR	EAFE SML CP ETF	464288273	809	13,055	SH		SOLE	NONE	0	0	13,055
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	354	13,152	SH		SOLE	NONE	0	0	13,152
ROYAL BK CDA MONTREAL QUE	COM	780087102	988	12,763	SH		SOLE	NONE	0	0	12,763
SPDR INDEX SHS FDS	DJ INTL RL ETF	78463X863	444	11,564	SH		SOLE	NONE	0	0	11,564
OPPENHEIMER REV WEIGHTD ETF	LARGE CAP REV ET	68386C104	7,898	164,740	SH		SOLE	NONE	0	0	164,740
OPPENHEIMER REV WEIGHTD ETF	MID CAP REV ETF	68386C203	955	16,569	SH		SOLE	NONE	0	0	16,569
OPPENHEIMER REV WEIGHTD ETF	SMALL CAP REV ET	68386C302	774	11,296	SH		SOLE	NONE	0	0	11,296
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	626	6,550	SH		SOLE	NONE	0	0	6,550
COHEN & STEERS TOTAL RETURN	COM	19247R103	147	11,830	SH		SOLE	NONE	0	0	11,830
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	202	1,387	SH		SOLE	NONE	0	0	1,387
POWERSHARES ETF TR II	DEV MKTS EX-US	73936T789	258	5,848	SH		SOLE	NONE	0	0	5,848
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	20,811	194,223	SH		SOLE	NONE	0	0	194,223
PJT PARTNERS INC	COM CL A	69343T107	6,260	163,398	SH		SOLE	NONE	0	0	163,398
PROCTER AND GAMBLE CO	COM	742718109	228	2,501	SH		SOLE	NONE	0	0	2,501
PFIZER INC	COM	717081103	501	14,046	SH		SOLE	NONE	0	0	14,046
PEPSICO INC	COM	713448108	633	5,681	SH		SOLE	NONE	0	0	5,681
POWERSHARES ETF TR II	EX US SML PORT	73936T771	532	16,220	SH		SOLE	NONE	0	0	16,220
ISHARES TR	S&P 100 ETF	464287101	766	6,880	SH		SOLE	NONE	0	0	6,880
ISHARES U S ETF TR	SHT MAT BD ETF	46431W507	12,946	257,430	SH		SOLE	NONE	0	0	257,430
ISHARES TR	NATIONAL MUN ETF	464288414	232	2,097	SH		SOLE	NONE	0	0	2,097
MICROSOFT CORP	COM	594918104	630	8,452	SH		SOLE	NONE	0	0	8,452
MERCK & CO INC	COM	58933Y105	255	3,984	SH		SOLE	NONE	0	0	3,984
GLOBAL X FDS	GLB X MLP ENRG I	37950E226	1,430	103,723	SH		SOLE	NONE	0	0	103,723
UBS AG JERSEY BRH	ALERIAN INFRST	902641646	28,483	1,132,992	SH		SOLE	NONE	0	0	1,132,992
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	16,419	50,315	SH		SOLE	NONE	0	0	50,315
BARINGS CORPORATE INVS	COM	06759X107	197	12,500	SH		SOLE	NONE	0	0	12,500
JPMORGAN CHASE & CO	COM	46625H100	487	5,102	SH		SOLE	NONE	0	0	5,102
JOHNSON & JOHNSON	COM	478160104	3,472	26,707	SH		SOLE	NONE	0	0	26,707
ISHARES TR	RUS MID CAP ETF	464287499	503	2,551	SH		SOLE	NONE	0	0	2,551
ISHARES TR	RUSSELL 2000 ETF	464287655	5,269	35,560	SH		SOLE	NONE	0	0	35,560
ISHARES TR	RUS 1000 GRW ETF	464287614	600	4,801	SH		SOLE	NONE	0	0	4,801
ISHARES TR	RUS 1000 VAL ETF	464287598	402	3,392	SH		SOLE	NONE	0	0	3,392
ISHARES TR	RUS 1000 ETF	464287622	3,017	21,569	SH		SOLE	NONE	0	0	21,569
ISHARES TR	CORE S&P500 ETF	464287200	57,809	228,559	SH		SOLE	NONE	0	0	228,559
COHEN & STEERS GLOBAL INC BL	COM	19248M103	399	41,095	SH		SOLE	NONE	0	0	41,095
ISHARES TR	CORE S&P SCP ETF	464287804	15,293	206,054	SH		SOLE	NONE	0	0	206,054
ISHARES TR	S&P MC 400GR ETF	464287606	217	1,074	SH		SOLE	NONE	0	0	1,074
ISHARES TR	S&P MC 400VL ETF	464287705	258	1,687	SH		SOLE	NONE	0	0	1,687
ISHARES TR	CORE S&P MCP ETF	464287507	31,939	178,532	SH		SOLE	NONE	0	0	178,532
ISHARES TR	INTL SEL DIV ETF	464288448	8,007	237,167	SH		SOLE	NONE	0	0	237,167
HERSHEY CO	COM	427866108	349	3,200	SH		SOLE	NONE	0	0	3,200
HONEYWELL INTL INC	COM	438516106	283	1,994	SH		SOLE	NONE	0	0	1,994
ISHARES TR	CORE HIGH DV ETF	46429B663	1,930	22,452	SH		SOLE	NONE	0	0	22,452
ALPHABET INC	CAP STK CL C	02079K107	200	209	SH		SOLE	NONE	0	0	209
GENERAL ELECTRIC CO	COM	369604103	538	22,234	SH		SOLE	NONE	0	0	22,234
BLACKROCK FLOAT RATE OME STR	COM	09255X100	1,035	72,097	SH		SOLE	NONE	0	0	72,097
ISHARES TR	FLTG RATE NT ETF	46429B655	225	4,421	SH		SOLE	NONE	0	0	4,421
FIRST TR SR FLG RTE INCM FD	COM	33733U108	1,487	110,257	SH		SOLE	NONE	0	0	110,257
FACEBOOK INC	CL A	30303M102	304	1,777	SH		SOLE	NONE	0	0	1,777
SPDR INDEX SHS FDS	S&P EMKTSC ETF	78463X756	439	8,860	SH		SOLE	NONE	0	0	8,860
FIRST TR EXCHANGE TRADED FD	NO AMER ENERGY	33738D101	340	13,696	SH		SOLE	NONE	0	0	13,696
ISHARES TR	JPMORGAN USD EMG	464288281	401	3,446	SH		SOLE	NONE	0	0	3,446
ISHARES TR	MIN VOL EAFE ETF	46429B689	1,178	16,580	SH		SOLE	NONE	0	0	16,580
ISHARES TR	MSCI EAFE ETF	464287465	2,902	42,377	SH		SOLE	NONE	0	0	42,377
ISHARES TR	SELECT DIVID ETF	464287168	4,080	43,565	SH		SOLE	NONE	0	0	43,565
DISNEY WALT CO	COM DISNEY	254687106	346	3,507	SH		SOLE	NONE	0	0	3,507
WISDOMTREE TR	EMER MKT HIGH FD	97717W315	683	15,878	SH		SOLE	NONE	0	0	15,878
DBX ETF TR	XTRAK MSCI EAFE	233051200	274	8,829	SH		SOLE	NONE	0	0	8,829
CHEVRON CORP NEW	COM	166764100	254	2,161	SH		SOLE	NONE	0	0	2,161
CALAMOS CONV & HIGH INCOME F	COM SHS	12811P108	455	38,241	SH		SOLE	NONE	0	0	38,241
CITIZENS FINL GROUP INC	COM	174610105	5,377	141,976	SH		SOLE	NONE	0	0	141,976
CLAYMORE EXCHANGE TRD FD TR	2024 CORP BOND	18383M233	237	11,310	SH		SOLE	NONE	0	0	11,310
CLAYMORE EXCHANGE TRD FD TR	2023 CORP BOND	18383M241	209	9,890	SH		SOLE	NONE	0	0	9,890
AMAZON COM INC	COM	023135106	287	299	SH		SOLE	NONE	0	0	299
JPMORGAN CHASE & CO	ALERIAN ML ETN	46625H365	27,419	971,609	SH		SOLE	NONE	0	0	971,609
ABBVIE INC	COM	00287Y109	327	3,685	SH		SOLE	NONE	0	0	3,685
APPLE INC	COM	037833100	690	4,477	SH		SOLE	NONE	0	0	4,477