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
3M COMPANY Common 88579Y101 458 3,379 SH   SOLE   3,379 0 0
ACCENTURE PLC IRELAND - CLASS A Common G1151C101 436 5,470 SH   SOLE   5,470 0 0
ADOBE SYSTEMS INC Common 00724F101 496 7,557 SH   SOLE   7,557 0 0
AFLAC INC Common 001055102 419 6,652 SH   SOLE   6,652 0 0
AGILENT TECHNOLOGIES INC Common 00846U101 432 7,729 SH   SOLE   7,729 0 0
ALASKA AIR GROUP INC Common 011659109 1,385 14,850 SH   SOLE   14,850 0 0
ALLIANCE DATA SYS CORP Common 018581108 501 1,840 SH   SOLE   1,840 0 0
AMERICAN EXPRESS COMPANY Common 025816109 1,978 21,975 SH   SOLE   21,975 0 0
APPLE COMPUTER INC Common 037833100 456 850 SH   SOLE   850 0 0
ASML HOLDING N V N Y REGISTRY Common N07059210 481 5,158 SH   SOLE   5,158 0 0
AVAGO TECHNOLOGIES LTD SHS Common Y0486S104 526 8,179 SH   SOLE   8,179 0 0
AVIANCA HOLDINGS ADR ADR 05367G100 8,098 475,001 SH   SOLE   475,001 0 0
BARD, C R INC Common 067383109 473 3,201 SH   SOLE   3,201 0 0
BERKSHIRE HATHAWAY CL B Common 084670702 10,424 83,416 SH   SOLE   83,416 0 0
BIOGEN IDEC INC Common 09062X103 436 1,426 SH   SOLE   1,426 0 0
BOEING CO Common 097023105 431 3,436 SH   SOLE   3,436 0 0
CAPITAL ONE FINL CORP Common 14040H105 1,997 25,885 SH   SOLE   25,885 0 0
CEMEX S A ADR SPONSORED NEW ADR 151290889 36,349 2,993,158 SH   SOLE   2,993,158 0 0
CHECK POINT SOFTWARE TECH Order M22465104 470 6,950 SH   SOLE   6,950 0 0
CIGNA CORPORATION Common 125509109 955 11,410 SH   SOLE   11,410 0 0
CITIGROUP INC Common 172967424 1,277 26,828 SH   SOLE   26,828 0 0
COACH INC Common 189754104 473 9,533 SH   SOLE   9,533 0 0
COLGATE-PALMOLIVE CO Common 194162103 441 6,802 SH   SOLE   6,802 0 0
COLONY FINL INC COM Common 19624R106 10,136 461,804 SH   SOLE   461,804 0 0
COOPER TIRE & RUBR CO COM Common 216831107 379 15,599 SH   SOLE   15,599 0 0
CREDIT SUISSE CUSHING 30 MLP ETN ETN 22542D852 18,535 580,701 SH   SOLE   580,701 0 0
DIRECTV Common 25490A309 499 6,537 SH   SOLE   6,537 0 0
DISCOVER FINL SVCS Common 254709108 463 7,968 SH   SOLE   7,968 0 0
DISH NETWORK CORPORATION Common 25470M109 497 7,990 SH   SOLE   7,990 0 0
DWS MUN INCOME TR COM Common 23338M106 437 33,510 SH   SOLE   33,510 0 0
EBAY INC Common 278642103 925 16,756 SH   SOLE   16,756 0 0
ENERGIZER HLDGS INC Common 29266R108 448 4,449 SH   SOLE   4,449 0 0
ENSCO PLC SHS CLASS A Common G3157S106 596 11,309 SH   SOLE   11,309 0 0
EXPRESS SCRIPTS HOLDING COMPANY Common 30219G108 1,486 19,798 SH   SOLE   19,798 0 0
FIFTH STREET FINANCE CORP Common 31678A103 6,101 644,996 SH   SOLE   644,996 0 0
FOOT LOCKER INC Common 344849104 846 18,010 SH   SOLE   18,010 0 0
FORD MOTOR CO Common 345370860 627 40,256 SH   SOLE   40,256 0 0
GENERAL ELECTRIC COMPANY Common 369604103 1,240 47,921 SH   SOLE   47,921 0 0
GENERAL MTRS CO COM Common 37045V100 8,236 239,294 SH   SOLE   239,294 0 0
GILEAD SCIENCES INC Common 375558103 379 5,356 SH   SOLE   5,356 0 0
GLOBAL X TOP GURU HOLDINGS ETF ETF 37950E341 25,068 1,015,334 SH   SOLE   1,015,334 0 0
GOLDMAN SACHS GROUP INC Common 38141G104 421 2,573 SH   SOLE   2,573 0 0
GOOGLE INC CL A Common 38259P508 405 364 SH   SOLE   364 0 0
GUGGENHEIM/BEACON SPIN-OFF ETF ETF 18383M605 37,465 825,964 SH   SOLE   825,964 0 0
GUGGENHEIM/RAYMOND JAMES SB1 ETF ETF 18383M613 37,980 1,104,834 SH   SOLE   1,104,834 0 0
GUGGENHEIM/SABRIENT INSIDER ETF ETF 18383M209 35,657 748,643 SH   SOLE   748,643 0 0
HCA HOLDINGS INC COM Common 40412C101 851 16,213 SH   SOLE   16,213 0 0
HEWLETT-PACKARD COMPANY Common 428236103 500 15,456 SH   SOLE   15,456 0 0
HUNTINGTON BANCSHARES INC Common 446150104 32,800 3,289,962 SH   SOLE   3,289,962 0 0
ILLINOIS TOOL WORKS INC Common 452308109 438 5,391 SH   SOLE   5,391 0 0
INTERNATIONAL BUSINESS MACHINE Common 459200101 475 2,470 SH   SOLE   2,470 0 0
INVESCO MORTGAGE CAPITAL INCCOM Common 46131B100 374 22,723 SH   SOLE   22,723 0 0
IPATH DJ-UBS COCOA ETN ETN 06739H313 20,289 522,930 SH   SOLE   522,930 0 0
ISHARES BARCLAYS TIPS ETF ETF 464287176 759 6,776 SH   SOLE   6,776 0 0
ISHARES GOLD TRUST ETF ETF 464285105 117 9,408 SH   SOLE   9,408 0 0
ISHARES INC MSCI FRANCE ETF 464286707 2,126 72,838 SH   SOLE   72,838 0 0
ISHARES INC MSCI GERMANY ETF 464286806 1,819 58,047 SH   SOLE   58,047 0 0
ISHARES INC MSCI SPAIN ETF 464286764 2,519 61,761 SH   SOLE   61,761 0 0
ISHARES INC MSCI UTD KINGDM ETF 464286699 4,952 240,533 SH   SOLE   240,533 0 0
ISHARES LEHMAN 1-3 YEAR TREASURY BOND ETF 464287457 136 1,621 SH   SOLE   1,621 0 0
ISHARES LEHMAN SHORT TREASURY BOND ETF 464288679 132 1,202 SH   SOLE   1,202 0 0
ISHARES MSCI CANADA ETF ETF 464286509 2,592 87,729 SH   SOLE   87,729 0 0
ISHARES MSCI EUROPE FINANCIALS ETF ETF 464289180 35,356 1,389,271 SH   SOLE   1,389,271 0 0
ISHARES MSCI JAPAN ETF ETF 464286848 1,706 150,648 SH   SOLE   150,648 0 0
ISHARES RUSSELL 3000 INDEX ETF ETF 464287689 2,086 18,582 SH   SOLE   18,582 0 0
ISHARES TR INDEX DJ OIL EQUIP ETF 464288844 832 12,171 SH   SOLE   12,171 0 0
ISHARES TR RUSSELL 1000 GROWTH ETF 464287614 53,226 615,055 SH   SOLE   615,055 0 0
J.P. MORGAN CHASE & CO Common 46625H100 2,846 46,880 SH   SOLE   46,880 0 0
JPMORGAN ALERIAN MLP INDEX ETN ETN 46625H365 23,692 509,076 SH   SOLE   509,076 0 0
KOHLS CORP Common 500255104 489 8,617 SH   SOLE   8,617 0 0
LINCOLN NATL CORP IND Common 534187109 1,961 38,719 SH   SOLE   38,719 0 0
LORILLARD INC Common 544147101 480 8,894 SH   SOLE   8,894 0 0
MARKET VECTORS ETF TR GOLD MINER ETF ETF 57060U100 29,374 1,244,427 SH   SOLE   1,244,427 0 0
MARKET VECTORS SEMICONDUCTOR ETF ETF 57060U233 33,495 734,390 SH   SOLE   734,390 0 0
MATTEL INCORPORATED Common 577081102 475 11,862 SH   SOLE   11,862 0 0
MICROSOFT CORP Common 594918104 30,904 753,955 SH   SOLE   753,955 0 0
MOODYS CORP Common 615369105 453 5,716 SH   SOLE   5,716 0 0
MYLAN LABS INC Common 628530107 1,633 33,454 SH   SOLE   33,454 0 0
NEUBERGER BERMAN INTER MUNI COM Common 64124P101 975 67,340 SH   SOLE   67,340 0 0
NORDSTROM INC Common 655664100 1,179 18,889 SH   SOLE   18,889 0 0
NORTHSTAR RLTY FIN CORP COM Common 66704R100 9,391 581,892 SH   SOLE   581,892 0 0
ODYSSEY MARINE EXPLORATION Common 676118102 36,757 16,051,223 SH   SOLE   16,051,223 0 0
ORACLE CORPORATION Common 68389X105 1,993 48,726 SH   SOLE   48,726 0 0
PEPSICO INCORPORATED Common 713448108 476 5,703 SH   SOLE   5,703 0 0
PHILIP MORRIS INTL INC Common 718172109 461 5,631 SH   SOLE   5,631 0 0
POWERSHARES BUYBACK ACHIEVERS ETF ETF 73935X286 28,629 657,849 SH   SOLE   657,849 0 0
PRICELINE COM INC NEW Common 741503403 508 427 SH   SOLE   427 0 0
PROSHARES SHORT 20+YR TREASURY ETF 74347X849 6,495 213,874 SH   SOLE   213,874 0 0
PROSHARES SHORT MSCI EAFE ETF ETF 74347R370 1,052 32,007 SH   SOLE   32,007 0 0
PROSHARES SHORT MSCI EM ETF ETF 74347R396 78,413 2,964,578 SH   SOLE   2,964,578 0 0
PROSHARES SHORT QQQ ETF 74347R602 28,577 1,582,798 SH   SOLE   1,582,798 0 0
PROSHARES SHORT R2000 ETF ETF 74347R826 217,294 13,153,401 SH   SOLE   13,153,401 0 0
PROSHARES SHORT REAL ESTATE ETF ETF 74347X641 13,056 535,537 SH   SOLE   535,537 0 0
PRUDENTIAL FINL INC Common 744320102 1,417 16,741 SH   SOLE   16,741 0 0
QUALCOMM INC Common 747525103 487 6,177 SH   SOLE   6,177 0 0
ROCKWELL INTL CORP NEW Common 773903109 469 3,771 SH   SOLE   3,771 0 0
ROGERS COMMUNICATIONS INC Common 775109200 421 10,162 SH   SOLE   10,162 0 0
SALLY BEAUTY HLDGS INC Common 79546E104 829 30,259 SH   SOLE   30,259 0 0
SCHLUMBERGER LTD Common 806857108 569 5,839 SH   SOLE   5,839 0 0
SEADRILL LIMITED SHS Common G7945E105 1,206 34,318 SH   SOLE   34,318 0 0
SECTOR SPDR SBI ENERGY ETF 81369Y506 2,385 26,779 SH   SOLE   26,779 0 0
SPDR INDEX SHS FDS INTL HLTH ETF ETF 78463X681 4,119 87,972 SH   SOLE   87,972 0 0
SPDR KBW BANK ETF ETF 78464A797 14,831 435,718 SH   SOLE   435,718 0 0
SPDR S&P DIVIDEND ETF ETF 78464A763 1,367 18,592 SH   SOLE   18,592 0 0
SPDR S&P INTL DIVIDEND ETF 78463X772 15,053 309,878 SH   SOLE   309,878 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP ETF 78467Y107 5,499 21,949 SH   SOLE   21,949 0 0
SPDR TECHNOLOGY ETF ETF 81369Y803 8,142 223,990 SH   SOLE   223,990 0 0
SPDR TR UNIT SER 1 ETF 78462F103 8,341 44,607 SH   SOLE   44,607 0 0
SPIRIT AIRLS INC COM Common 848577102 1,661 27,967 SH   SOLE   27,967 0 0
STARWOOD HOTELS & RESORTS WRLDWD Common 85590A401 475 5,979 SH   SOLE   5,979 0 0
STARWOOD PROPERTY TRUST Common 85571B105 23,972 1,016,207 SH   SOLE   1,016,207 0 0
STARWOOD WAYPOINT RESIDENTL COM SHS Common 85571W109 5,671 197,010 SH   SOLE   197,010 0 0
STATE STR CORP Common 857477103 1,585 22,791 SH   SOLE   22,791 0 0
TAIWAN SEMICONDUCTOR MFG CO Common 874039100 500 24,980 SH   SOLE   24,980 0 0
TIME WARNER CABLE INC Common 88732J207 467 3,409 SH   SOLE   3,409 0 0
TJX COS INC NEW Common 872540109 442 7,291 SH   SOLE   7,291 0 0
UNION PACIFIC CORP Common 907818108 478 2,551 SH   SOLE   2,551 0 0
UNISYS CORP COM NEW Common 909214306 12,596 413,534 SH   SOLE   413,534 0 0
UNITEDHEALTH GROUP INC Common 91324P102 503 6,147 SH   SOLE   6,147 0 0
VALEANT PHARMACEUTICALS INTL INC COM Common 91911K102 858 6,511 SH   SOLE   6,511 0 0
VANGUARD EMERGING MKTS ETF ETF 922042858 5,118 126,122 SH   SOLE   126,122 0 0
VANGUARD TOTAL BOND MARKET ETF ETF 921937835 13,426 165,373 SH   SOLE   165,373 0 0
VANGUARD TOTAL STOCK MKT ETF Common 922908769 37,119 380,832 SH   SOLE   380,832 0 0
WALGREEN COMPANY ETF 931422109 1,049 15,891 SH   SOLE   15,891 0 0
WATERS CORP Common 941848103 426 3,934 SH   SOLE   3,934 0 0
WELLS FARGO NEW Common 949746101 480 9,666 SH   SOLE   9,666 0 0
WESTERN DIGITAL CORP Common 958102105 481 5,241 SH   SOLE   5,241 0 0
WISDOMTREE JAPAN HEDGED EQUITY ETF 97717W851 70,778 1,495,119 SH   SOLE   1,495,119 0 0
WISDOMTREE JAPAN HEDGED SMALL CAP ETF ETF 97717W521 10,050 345,018 SH   SOLE   345,018 0 0
WYNDHAM WORLDWIDE CORP Common 98310W108 474 6,482 SH   SOLE   6,482 0 0
WYNN RESORT LTD Common 983134107 453 2,040 SH   SOLE   2,040 0 0
XILINX INC Common 983919101 1,223 22,538 SH   SOLE   22,538 0 0
YAMANA GOLD INC Common 98462Y100 15,120 1,722,148 SH   SOLE   1,722,148 0 0
YANDEX N V SHS CLASS A Common N97284108 788 26,110 SH   SOLE   26,110 0 0