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
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
ALPHA ARCHITECT ETF TR US QUAN VALUE 02072l102 2,834 91,249 SH   SOLE 91,249 0 0
ALPHA ARCHITECT ETF TR US QUAN VALUE 02072l102 1,909 61,453 SH   OTR 1 61,453 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738c778 2,266 93,025 SH   OTR 1 93,025 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738c778 6,156 252,852 SH   SOLE 252,852 0 0
DBX ETF TR XTRACK MSCI EAFE 233051200 4,207 133,987 SH   OTR 1 133,987 0 0
DBX ETF TR XTRACK MSCI EAFE 233051200 3,976 126,634 SH   SOLE 126,634 0 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738d101 777 33,513 SH   OTR 1 33,513 0 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738d101 2,561 110,412 SH   SOLE 110,412 0 0
FIRST TR EXCHANGE TRADED FD WTR ETF 33733B100 15,330 318,685 SH   SOLE 318,685 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138g508 651 28,419 SH   OTR 1 28,419 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138g508 1,402 61,102 SH   SOLE 61,102 0 0
ISHARES INC CUR HD MSCI EM 46434g509 2,595 101,366 SH   SOLE 101,366 0 0
ISHARES INC CUR HD MSCI EM 46434g509 4,310 168,256 SH   OTR 1 168,256 0 0
ISHARES TR 0-5 YR TIPS ETF 46429B747 1,505 15,100 SH   SOLE 15,100 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 1,081 9,010 SH   SOLE 9,010 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 57 474 SH   OTR 1 474 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 215 2,101 SH   OTR 1 2,101 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 5,740 56,004 SH   SOLE 56,004 0 0
ISHARES TR CORE S&P500 ETF 464287200 2,184 7,998 SH   OTR 1 7,998 0 0
ISHARES TR CORE S&P500 ETF 464287200 9,183 33,641 SH   SOLE 33,641 0 0
ISHARES TR CORE US AGGBD ET 464287226 305 2,876 SH   OTR 1 2,876 0 0
ISHARES TR CORE US AGGBD ET 464287226 5,306 49,919 SH   SOLE 49,919 0 0
ISHARES TR FLTG RATE NT ETF 46429b655 1,012 19,843 SH   SOLE 19,843 0 0
ISHARES TR GLB INFRASTR ETF 464288372 1,921 44,751 SH   OTR 1 44,751 0 0
ISHARES TR GLB INFRASTR ETF 464288372 4,121 95,956 SH   SOLE 95,956 0 0
ISHARES TR IBOXX HI YD ETF 464288513 3,238 38,079 SH   SOLE 38,079 0 0
ISHARES TR IBOXX HI YD ETF 464288513 393 4,591 SH   OTR 1 4,591 0 0
ISHARES TR IBOXX INV CP ETF 464287242 293 2,554 SH   OTR 1 2,554 0 0
ISHARES TR IBOXX INV CP ETF 464287242 3,413 29,786 SH   SOLE 29,786 0 0
ISHARES TR JPMORGAN USD EMG 464288281 7,691 72,059 SH   SOLE 72,059 0 0
ISHARES TR JPMORGAN USD EMG 464288281 2,062 19,290 SH   OTR 1 19,290 0 0
ISHARES TR MBS ETF 464288588 588 5,634 SH   OTR 1 5,634 0 0
ISHARES TR MBS ETF 464288588 2,604 25,014 SH   SOLE 25,014 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 3,095 21,592 SH   SOLE 21,592 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 2,526 17,579 SH   OTR 1 17,579 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 1,087 8,951 SH   OTR 1 8,951 0 0
ISHARES TR TIPS BD ETF 464287176 3,382 29,968 SH   SOLE 29,968 0 0
ISHARES TR TIPS BD ETF 464287176 510 4,512 SH   OTR 1 4,512 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625h365 437 16,458 SH   OTR 1 16,458 0 0
JPMORGAN CHASE & CO COM 46625h100 354 3,400 SH   OTR 1 3,400 0 0
JPMORGAN CHASE & CO COM 46625h100 2 21 SH   SOLE 21 0 0
PIMCO ETF TR 15+ YR US TIPS 72201R304 3,716 54,946 SH   OTR 1 54,946 0 0
PIMCO ETF TR 15+ YR US TIPS 72201R304 3,475 51,497 SH   SOLE 51,497 0 0
PIMCO ETF TR 25YR+ ZERO U S 72201R882 569 4,934 SH   SOLE 4,934 0 0
PROSHARES TR MSCI EMRG ETF 74347X302 15 191 SH   OTR 1 191 0 0
PROSHARES TR MSCI EMRG ETF 74347X302 709 9,150 SH   SOLE 9,150 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 1,456 13,081 SH   SOLE 13,081 0 0
PROSHARES TR PSHS ULT S&P 500 74347R107 61 548 SH   OTR 1 548 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 23 287 SH   OTR 1 287 0 0
PROSHARES TR PSHS ULTRUSS2000 74347R842 1,029 12,930 SH   SOLE 12,930 0 0
PROSHARES TR ULTR MSCI ETF 74347X500 1,470 36,378 SH   SOLE 36,378 0 0
PROSHARES TR ULTR MSCI ETF 74347X500 20 501 SH   OTR 1 501 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 336 1,239 SH   OTR 1 1,239 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 13,513 49,814 SH   SOLE 49,814 0 0
SPDR SER TR BLOMBERG BRC INV 78468R200 505 16,427 SH   SOLE 16,427 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 729 20,542 SH   OTR 1 20,542 0 0
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 120 3,387 SH   SOLE 3,387 0 0
SPDR SERIES TRUST FTSE INT GVT ETF 78464A490 5,069 93,399 SH   SOLE 93,399 0 0
SPDR SERIES TRUST FTSE INT GVT ETF 78464A490 3,212 59,215 SH   OTR 1 59,215 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203j407 8,619 157,482 SH   SOLE 157,482 0 0
VANGUARD CHARLOTTE FDS INTL BD IDX ETF 92203j407 3,424 62,560 SH   OTR 1 62,560 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1,998 24,512 SH   OTR 1 24,512 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 10,818 132,842 SH   SOLE 132,842 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 1,290 8,286 SH   SOLE 8,286 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6 139 SH   OTR 1 139 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3,841 91,017 SH   SOLE 91,017 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 2,132 36,699 SH   SOLE 36,699 0 0
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 1,765 30,377 SH   OTR 1 30,377 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,876 25,568 SH   OTR 1 25,568 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 2 20 SH   SOLE 20 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 2,382 27,191 SH   OTR 1 27,191 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 4,203 48,020 SH   SOLE 48,020 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 899 17,481 SH   OTR 1 17,481 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 514 11,976 SH   OTR 1 11,976 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 8,706 202,956 SH   SOLE 202,956 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 2,878 25,083 SH   OTR 1 25,083 0 0
VANGUARD WORLD FD EXTENDED DUR 921910709 6,927 60,346 SH   SOLE 60,346 0 0
WISDOMTREE TR US SMALLCP ERNGS 97717w562 2,357 60,877 SH   SOLE 60,877 0 0
WISDOMTREE TR US SMALLCP ERNGS 97717w562 961 24,902 SH   OTR 1 24,902 0 0