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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
ISHARES TR MSCI AC ASIA ETF 464288182 3,595 46,364 SH   SOLE   46,364 0 0
ISHARES TR MSCI ACWI ETF 464288257 2,451 34,180 SH   SOLE   30,203 0 3,977
ISHARES TR CORE US AGGBD ET 464287226 24,022 223,983 SH   SOLE   78,139 0 145,844
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 1,332 16,981 SH   SOLE   0 0 16,981
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,449 85,308 SH   SOLE   0 0 85,308
ISHARES MSCI CDA ETF 464286509 408 14,793 SH   SOLE   0 0 14,793
ISHARES MSCI STH AFR ETF 464286780 16,770 244,103 SH   SOLE   0 0 244,103
SPDR GOLD TRUST GOLD SHS 78463V107 77,054 612,559 SH   SOLE   65,660 0 546,899
SPDR INDEX SHS FDS GLB NAT RESRCE 78463X541 29,471 609,148 SH   SOLE   495,054 0 114,094
ISHARES TR CORE US TR BD 46429B267 10,138 410,617 SH   SOLE   0 0 410,617
ISHARES TR HDG MSCI EAFE 46434V803 6,771 235,763 SH   SOLE   235,763 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 8,717 84,477 SH   SOLE   84,477 0 0
ISHARES TR CORE MSCI EAFE 46432F842 1,840 27,935 SH   SOLE   0 0 27,935
ISHARES TR CORE S&P500 ETF 464287200 15,475 58,315 SH   SOLE   53,563 0 4,752
ISHARES TR CORE MSCITOTAL 46432F834 2,757 43,733 SH   SOLE   0 0 43,733
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 14,584 42,678 SH   SOLE   34,003 0 8,675
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,776 48,551 SH   SOLE   0 0 48,551
ISHARES TR 10-20 YR TRS ETF 464288653 4,250 32,130 SH   SOLE   0 0 32,130
ISHARES TR 20+ YR TR BD ETF 464287432 2,268 17,876 SH   SOLE   0 0 17,876
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 96,820 2,188,013 SH   SOLE   423,567 0 1,764,446
VANGUARD INDEX FDS REIT ETF 922908553 8,832 117,025 SH   SOLE   33,495 0 83,530
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 15,326 145,959 SH   SOLE   0 0 145,959
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 63,629 262,844 SH   SOLE   73,579 0 189,265
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 61,754 838,708 SH   SOLE   40,372 0 798,336
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,829 13,474 SH   SOLE   0 0 13,474
VANGUARD INDEX FDS GROWTH ETF 922908736 40,278 283,886 SH   SOLE   144,095 0 139,791
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 44,834 954,320 SH   SOLE   236,821 0 717,499