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
AFLAC INC COM COM 001055102 699 9,515 SH   SOLE NONE 177 0 9,338
APOLLO INVT CORP COM COM 03761U106 114 18,715 SH   SOLE NONE 0 0 18,715
BANK N S HALIFAX COM COM 064149107 1,034 18,832 SH   SOLE NONE 8,603 0 10,229
CDN IMPERIAL BK COMM TORONTO C COM 136069101 524 5,982 SH   SOLE NONE 5,982 0 0
CAPITAL ONE FINL CORP COM COM 14040H105 1,552 19,541 SH   SOLE NONE 9,292 0 10,249
CHESAPEAKE ENERGY CORP COM COM 165167107 104 18,523 SH   SOLE NONE 18,311 0 212
CISCO SYS INC COM COM 17275R102 1,562 46,697 SH   SOLE NONE 24,775 0 21,922
COCA COLA CO COM COM 191216100 2,157 49,490 SH   SOLE NONE 27,039 0 22,451
CONOCOPHILLIPS COM COM 20825C104 495 10,535 SH   SOLE NONE 10,535 0 0
CREDIT SUISSE GROUP SPONSORED COM 225401108 717 48,819 SH   SOLE NONE 48,819 0 0
DBX ETF TR DEUTSCHE USD ETF COM 233051432 23,887 467,188 SH   SOLE NONE 371,844 0 95,344
DBX ETF TR DB XTR MSCI EUR COM 233051853 73,027 2,569,579 SH   SOLE NONE 2,005,733 0 563,846
DDR CORP COM COM 23317H102 672 71,076 SH   SOLE NONE 71,076 0 0
FIRST TR EXCH TRADED FD III HO COM 33739P871 496 15,534 SH   SOLE NONE 0 0 15,534
FIRST TR EXCH TRADED FD III HO COM 33739P889 1,231 57,646 SH   SOLE NONE 0 0 57,646
GENERAL MTRS CO COM COM 37045V100 508 15,106 SH   SOLE NONE 14,125 0 981
GLOBAL X FDS GLB X SUPERDIV COM 37950E549 18,744 889,177 SH   SOLE NONE 889,177 0 0
GLOBAL X FDS SCIEN BETA US COM 37954Y103 7,458 266,630 SH   SOLE NONE 266,630 0 0
HSBC HLDGS PLC SPON ADR NEW COM 404280406 1,457 32,803 SH   SOLE NONE 10,784 0 22,019
HANESBRANDS INC COM COM 410345102 522 24,351 SH   SOLE NONE 24,351 0 0
HONDA MOTOR LTD AMERN SHS COM 438128308 722 25,681 SH   SOLE NONE 25,681 0 0
HONEYWELL INTL INC COM COM 438516106 873 6,640 SH   SOLE NONE 3,601 0 3,039
HORIZON TECHNOLOGY FIN CORP CO COM 44045A102 132 11,512 SH   SOLE NONE 0 0 11,512
INTEL CORP COM COM 458140100 1,529 43,027 SH   SOLE NONE 20,410 0 22,617
INTERNATIONAL BUSINESS MACHS C COM 459200101 1,987 12,932 SH   SOLE NONE 6,461 0 6,471
ISHARES TR CORE SP500 ETF COM 464287200 2,832 11,770 SH   SOLE NONE 0 0 11,770
ISHARES TR CORE US AGGBD ET COM 464287226 7,682 70,527 SH   SOLE NONE 0 0 70,527
ISHARES TR MSCI EMG MKT ETF COM 464287234 226 5,489 SH   SOLE NONE 0 0 5,489
ISHARES TR IBOXX INV CP ETF COM 464287242 31,242 262,469 SH   SOLE NONE 208,585 0 53,884
ISHARES TR SP 500 VAL ETF COM 464287408 371 3,580 SH   SOLE NONE 0 0 3,580
ISHARES TR BARCLAYS 7 10 YR COM 464287440 38,893 366,257 SH   SOLE NONE 292,444 0 73,813
ISHARES TR 1 3 YR TREAS BD COM 464287457 5,327 63,017 SH   SOLE NONE 0 0 63,017
ISHARES TR RUS MID CAP ETF COM 464287499 4,699 24,949 SH   SOLE NONE 0 0 24,949
ISHARES TR CORE SP MCP ETF COM 464287507 1,317 7,683 SH   SOLE NONE 0 0 7,683
ISHARES TR RUSSELL 2000 ETF COM 464287655 436 3,173 SH   SOLE NONE 0 0 3,173
ISHARES TR JPMORGAN USD EMG COM 464288281 26,215 228,017 SH   SOLE NONE 181,349 0 46,668
ISHARES TR NATIONAL MUN ETF COM 464288414 821 7,500 SH   SOLE NONE 0 0 7,500
ISHARES TR IBOXX HI YD ETF COM 464288513 3,885 44,161 SH   SOLE NONE 0 0 44,161
ISHARES TR 1 3 YR CR BD ETF COM 464288646 1,771 16,825 SH   SOLE NONE 0 0 16,825
ISHARES TR 3 7 YR TREAS BD COM 464288661 18,180 147,194 SH   SOLE NONE 118,429 0 28,765
ISHARES TR SHORT TREAS BD COM 464288679 603 5,470 SH   SOLE NONE 0 0 5,470
ISHARES TR SP US PFD STK COM 464288687 2,586 66,498 SH   SOLE NONE 0 0 66,498
ISHARES TR US AER DEF ETF COM 464288760 45,249 295,978 SH   SOLE NONE 230,982 0 64,996
ISHARES TR USA QUALITY FCTR COM 46432F339 4,084 55,785 SH   SOLE NONE 0 0 55,785
ISHARES TR CORE MSCI EAFE COM 46432F842 98,658 1,622,931 SH   SOLE NONE 1,261,544 0 361,387
ISHARES INC CORE MSCI EMKT COM 46434G103 143,072 2,864,298 SH   SOLE NONE 2,222,296 0 642,002
ISHARES TR EXPONENTIAL TECH COM 46434V381 23,809 763,849 SH   SOLE NONE 608,721 0 155,128
JOHNSON JOHNSON COM COM 478160104 1,173 9,486 SH   SOLE NONE 3,601 0 5,885
KIMBERLY CLARK CORP COM COM 494368103 1,828 14,286 SH   SOLE NONE 5,792 0 8,494
KOHLS CORP COM COM 500255104 1,633 44,760 SH   SOLE NONE 25,123 0 19,637
LOWES COS INC COM COM 548661107 1,973 23,259 SH   SOLE NONE 9,970 0 13,289
MEDLEY CAP CORP COM COM 58503F106 98 16,332 SH   SOLE NONE 0 0 16,332
MERCK CO INC COM COM 58933Y105 1,278 20,107 SH   SOLE NONE 7,903 0 12,204
NOVARTIS A G SPONSORED ADR COM 66987V109 1,241 15,418 SH   SOLE NONE 5,753 0 9,665
NOVO-NORDISK A S ADR COM 670100205 1,157 28,499 SH   SOLE NONE 17,466 0 11,033
PARK HOTELS RESORTS INC COM COM 700517105 685 27,488 SH   SOLE NONE 27,488 0 0
PFIZER INC COM COM 717081103 490 14,835 SH   SOLE NONE 14,835 0 0
POTASH CORP SASK INC COM COM 73755L107 678 41,573 SH   SOLE NONE 41,573 0 0
POWERSHARES ETF TRUST FINL PFD COM 73935X229 21,624 1,136,933 SH   SOLE NONE 890,518 0 246,415
POWERSHARES ETF TRUST DYNM LRG COM 73935X609 6,046 171,969 SH   SOLE NONE 0 0 171,969
POWERSHARES ETF TR II SP600 LO COM 73937B639 4,042 94,363 SH   SOLE NONE 0 0 94,363
POWERSHARES ETF TR II PWRSHS S COM 73937B654 16,229 409,718 SH   SOLE NONE 0 0 409,718
PROCTER AND GAMBLE CO COM COM 742718109 1,240 14,385 SH   SOLE NONE 7,945 0 6,440
ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 652 13,405 SH   SOLE NONE 13,405 0 0
SPDR INDEX SHS FDS EURO STOXX COM 78463X202 99,373 2,541,504 SH   SOLE NONE 1,976,773 0 564,731
SPDR INDEX SHS FDS MSCI ACWI E COM 78463X848 12,206 343,143 SH   SOLE NONE 0 0 343,143
SSGA ACTIVE ETF TR SPDR TR TAC COM 78467V848 76,209 1,552,753 SH   SOLE NONE 1,233,072 0 319,681
SANOFI SPONSORED ADR COM 80105N105 1,478 29,444 SH   SOLE NONE 9,574 0 19,870
THL CR INC COM COM 872438106 116 12,460 SH   SOLE NONE 0 0 12,460
TELEFONICA BRASIL SA SPONSORED COM 87936R106 743 48,159 SH   SOLE NONE 48,159 0 0
TERADATA CORP DEL COM COM 88076W103 218 7,560 SH   SOLE NONE 7,560 0 0
TOTAL S A SPONSORED ADR COM 89151E109 1,498 27,754 SH   SOLE NONE 9,323 0 18,431
VANGUARD BD INDEX FD INC TOTAL COM 921937835 598 7,351 SH   SOLE NONE 0 0 7,351
VANGUARD WHITEHALL FDS INC HIG COM 921946406 50,316 652,781 SH   SOLE NONE 453,802 0 198,979
VANGUARD INTL EQUITY INDEX F F COM 922042866 48,616 755,381 SH   SOLE NONE 588,112 0 167,269
VANGUARD SCOTTSDALE FDS INT-TE COM 92206C870 26,217 301,106 SH   SOLE NONE 239,278 0 61,828
VANGUARD INDEX FDS GROWTH ETF COM 922908736 208,672 1,658,500 SH   SOLE NONE 1,278,738 0 379,762
VANGUARD INDEX FDS VALUE ETF COM 922908744 123,516 1,300,578 SH   SOLE NONE 977,597 0 322,981
VANGUARD INDEX FDS SMALL CP ET COM 922908751 25,087 188,399 SH   SOLE NONE 142,023 0 46,376
WAL-MART STORES INC COM COM 931142103 1,582 20,891 SH   SOLE NONE 10,784 0 10,107
WESTERN UN CO COM COM 959802109 847 43,916 SH   SOLE NONE 43,916 0 0
TRANSOCEAN LTD REG SHS COM H8817H100 148 13,965 SH   SOLE NONE 13,965 0 0
AETNA INC NEW COM COM 00817Y108 597 4,179 SH   DFND 1 0 0 4,179
BAY BANCORP INC COM COM 07203T106 252 22,217 SH   DFND 1 0 0 22,217
CBOE HLDGS INC COM COM 12503M108 769 7,146 SH   DFND 1 0 0 7,146
CMS ENERGY CORP COM COM 125896100 617 13,540 SH   DFND 1 0 0 13,540
CENTERPOINT ENERGY INC COM COM 15189T107 348 11,900 SH   DFND 1 0 0 11,900
CHURCH DWIGHT INC COM COM 171340102 1,670 33,261 SH   DFND 1 0 0 33,261
CLOROX CO DEL COM COM 189054109 1,407 10,649 SH   DFND 1 0 0 10,649
COCA COLA CO COM COM 191216100 2,296 52,663 SH   DFND 1 0 0 52,663
CONSOLIDATED EDISON INC COM COM 209115104 456 5,708 SH   DFND 1 0 0 5,708
DBX ETF TR XTRAK MSCI EAFE COM 233051200 11,995 389,077 SH   DFND 1 0 0 389,077
DTE ENERGY CO COM COM 233331107 671 6,362 SH   DFND 1 0 0 6,362
DANAHER CORP DEL COM COM 235851102 696 8,397 SH   DFND 1 0 0 8,397
DOMINION ENERGY INC COM COM 25746U109 533 6,837 SH   DFND 1 0 0 6,837
DUKE ENERGY CORP NEW COM NEW COM 26441C204 845 10,128 SH   DFND 1 0 0 10,128
ECOLAB INC COM COM 278865100 1,297 10,084 SH   DFND 1 0 0 10,084
EDISON INTL COM COM 281020107 526 6,679 SH   DFND 1 0 0 6,679
ENTERGY CORP NEW COM COM 29364G103 347 4,586 SH   DFND 1 0 0 4,586
EQUITY RESIDENTIAL SH BEN INT COM 29476L107 726 11,186 SH   DFND 1 0 0 11,186
EVERSOURCE ENERGY COM COM 30040W108 644 10,758 SH   DFND 1 0 0 10,758
EXXON MOBIL CORP COM COM 30231G102 1,091 13,220 SH   DFND 1 0 0 13,220
FIDELITY NATL INFORMATION SV C COM 31620M106 2,184 26,274 SH   DFND 1 0 0 26,274
FIRST TR EXCHANGE TRADED FD CH COM 33733A102 331 9,646 SH   DFND 1 0 0 9,646
FIRST TR EXCHANGE TRADED FD DJ COM 33733E302 639 6,797 SH   DFND 1 0 0 6,797
FIRST TR BICK INDEX FD COM SHS COM 33733H107 300 11,725 SH   DFND 1 0 0 11,725
FIRST TR NASDAQ100 TECH INDE S COM 337345102 620 9,866 SH   DFND 1 0 0 9,866
FIRST TR EXCHANGE TRADED FD IN COM 33734X150 630 18,205 SH   DFND 1 0 0 18,205
FIRST TR EXCHANGE TRADED FD UT COM 33734X184 616 22,797 SH   DFND 1 0 0 22,797
FIRST TR EXCH TRD ALPHA FD I D COM 33737J174 316 5,819 SH   DFND 1 0 0 5,819
FIRST TR EXCH TRD ALPHA FD I G COM 33737J190 353 8,317 SH   DFND 1 0 0 8,317
FIRST TR EXCH TRD ALPHA FD I S COM 33737J232 347 7,166 SH   DFND 1 0 0 7,166
FIRST TR EXCHANGE TRADED FD NA COM 33738R860 661 25,797 SH   DFND 1 0 0 25,797
FISERV INC COM COM 337738108 1,639 13,687 SH   DFND 1 0 0 13,687
GALLAGHER ARTHUR J CO COM COM 363576109 838 13,611 SH   DFND 1 0 0 13,611
HARTFORD FINL SVCS GROUP INC C COM 416515104 764 15,574 SH   DFND 1 0 0 15,574
HERSHEY CO COM COM 427866108 1,252 11,692 SH   DFND 1 0 0 11,692
HONEYWELL INTL INC COM COM 438516106 1,878 14,284 SH   DFND 1 0 0 14,284
INTERNATIONAL BUSINESS MACHS C COM 459200101 1,196 7,784 SH   DFND 1 0 0 7,784
ISHARES TR CORE US AGGBD ET COM 464287226 5,979 54,893 SH   DFND 1 0 0 54,893
ISHARES TR IBOXX INV CP ETF COM 464287242 2,916 24,499 SH   DFND 1 0 0 24,499
ISHARES TR RUS 1000 GRW ETF COM 464287614 7,435 63,359 SH   DFND 1 0 0 63,359
ISHARES TR IBOXX HI YD ETF COM 464288513 2,291 26,044 SH   DFND 1 0 0 26,044
ISHARES TR USA QUALITY FCTR COM 46432F339 4,477 61,154 SH   DFND 1 0 0 61,154
JOHNSON JOHNSON COM COM 478160104 1,045 8,454 SH   DFND 1 0 0 8,454
KIMBERLY CLARK CORP COM COM 494368103 1,287 10,052 SH   DFND 1 0 0 10,052
KRAFT HEINZ CO COM COM 500754106 1,240 15,993 SH   DFND 1 0 0 15,993
LOCKHEED MARTIN CORP COM COM 539830109 1,029 3,793 SH   DFND 1 0 0 3,793
LOEWS CORP COM COM 540424108 998 21,810 SH   DFND 1 0 0 21,810
MARSH MCLENNAN COS INC COM COM 571748102 884 12,041 SH   DFND 1 0 0 12,041
MASTERCARD INCORPORATED CL A COM 57636Q104 909 7,761 SH   DFND 1 0 0 7,761
MCDONALDS CORP COM COM 580135101 985 6,773 SH   DFND 1 0 0 6,773
MERCK CO INC COM COM 58933Y105 989 15,556 SH   DFND 1 0 0 15,556
NASDAQ INC COM COM 631103108 960 14,210 SH   DFND 1 0 0 14,210
NEXTERA ENERGY INC COM COM 65339F101 436 3,219 SH   DFND 1 0 0 3,219
NISOURCE INC COM COM 65473P105 200 8,220 SH   DFND 1 0 0 8,220
NORTHROP GRUMMAN CORP COM COM 666807102 1,217 4,918 SH   DFND 1 0 0 4,918
PGE CORP COM COM 69331C108 312 4,701 SH   DFND 1 0 0 4,701
PPL CORP COM COM 69351T106 1,023 26,399 SH   DFND 1 0 0 26,399
PEPSICO INC COM COM 713448108 2,421 21,446 SH   DFND 1 0 0 21,446
PFIZER INC COM COM 717081103 1,802 54,586 SH   DFND 1 0 0 54,586
PINNACLE WEST CAP CORP COM COM 723484101 584 6,889 SH   DFND 1 0 0 6,889
PROCTER AND GAMBLE CO COM COM 742718109 2,254 26,147 SH   DFND 1 0 0 26,147
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 224 5,228 SH   DFND 1 0 0 5,228
QUEST DIAGNOSTICS INC COM COM 74834L100 618 5,803 SH   DFND 1 0 0 5,803
RAYTHEON CO COM NEW COM 755111507 892 4,800 SH   DFND 1 0 0 4,800
REPUBLIC SVCS INC COM COM 760759100 2,299 36,679 SH   DFND 1 0 0 36,679
ROPER TECHNOLOGIES INC COM COM 776696106 622 2,810 SH   DFND 1 0 0 2,810
SPDR SP 500 ETF TR TR UNIT COM 78462F103 14,150 59,209 SH   DFND 1 0 0 59,209
SSGA ACTIVE ETF TR SPDR TR TAC COM 78467V848 2,928 59,658 SH   DFND 1 0 0 59,658
SEMPRA ENERGY COM COM 816851109 517 4,631 SH   DFND 1 0 0 4,631
SOUTHERN CO COM COM 842587107 471 9,435 SH   DFND 1 0 0 9,435
3M CO COM COM 88579Y101 1,278 6,500 SH   DFND 1 0 0 6,500
TORCHMARK CORP COM COM 891027104 911 12,108 SH   DFND 1 0 0 12,108
UNITEDHEALTH GROUP INC COM COM 91324P102 777 4,523 SH   DFND 1 0 0 4,523
VANGUARD BD INDEX FD INC TOTAL COM 921937835 6,283 77,229 SH   DFND 1 0 0 77,229
VANGUARD INTL EQUITY INDEX F A COM 922042775 8,552 171,591 SH   DFND 1 0 0 171,591
VANGUARD INTL EQUITY INDEX F F COM 922042858 11,106 271,335 SH   DFND 1 0 0 271,335
VANGUARD INDEX FDS MID CAP ETF COM 922908629 13,952 99,364 SH   DFND 1 0 0 99,364
VANGUARD INDEX FDS VALUE ETF COM 922908744 15,643 164,714 SH   DFND 1 0 0 164,714
VANGUARD INDEX FDS SMALL CP ET COM 922908751 4,981 37,405 SH   DFND 1 0 0 37,405
VISA INC COM CL A COM 92826C839 1,669 17,996 SH   DFND 1 0 0 17,996
WEC ENERGY GROUP INC COM COM 92939U106 456 7,327 SH   DFND 1 0 0 7,327
WASTE MGMT INC DEL COM COM 94106L109 2,159 30,003 SH   DFND 1 0 0 30,003
XCEL ENERGY INC COM COM 98389B100 598 13,120 SH   DFND 1 0 0 13,120
YUM BRANDS INC COM COM 988498101 861 12,501 SH   DFND 1 0 0 12,501
AON PLC SHS CL A COM G0408V102 1,359 10,941 SH   DFND 1 0 0 10,941
MEDTRONIC PLC SHS COM G5960L103 915 10,967 SH   DFND 1 0 0 10,967
SPDR S&P 500 ETF TRUST COM 78462F103 15,074 60,000 SH Call SOLE NONE 0 0 60,000
SPDR S&P 500 ETF TRUST COM 78462F103 10,049 40,000 SH Call SOLE NONE 0 0 40,000
SPDR S&P 500 ETF TRUST COM 78462F103 16,330 65,000 SH Call SOLE NONE 0 0 65,000
iShares Russell 2000 COM 464287655 48,159 325,000 SH Call SOLE NONE 0 0 325,000
SPDR INDEX SHS FDS EURO STOXX COM 78463X202 30,938 750,000 SH Put SOLE NONE 0 0 750,000
ISHARES TR MSCI EMG MKT ETF COM 78462F103 33,608 750,000 SH Put SOLE NONE 0 0 750,000
SPDR S&P 500 ETF TRUST COM 78462F103 62,808 250,000 SH Put SOLE NONE 0 0 250,000