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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
Expires: July 31, 2015
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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
BLACKROCK ETF TRUST II ETF 092528603 3,054,037 58,350 SH SOLE 0 58,350 0 0
BLACKROCK ETF TRUST ETF 09290C103 9,548,475 140,398 SH SOLE 0 140,398 0 0
ISHARES TR ETF 464288281 6,159,501 63,869 SH SOLE 0 63,869 0 0
GOLDMAN SACHS ETF TR ETF 381430529 8,436,195 84,227 SH SOLE 0 84,227 0 0
ISHARES TR ETF 464287150 21,841,192 132,959 SH SOLE 0 132,959 0 0
ISHARES TR ETF 464287242 11,882,381 108,943 SH SOLE 0 108,943 0 0
ISHARES U S ETF TR ETF 46431W507 2,098,153 41,416 SH SOLE 0 41,416 0 0
ETFS GOLD TR ETF 00326A104 434,977 11,378 SH SOLE 0 11,378 0 0
VANGUARD SCOTTSDALE FDS ETF 92206C409 11,953,095 151,248 SH SOLE 0 151,248 0 0
VANGUARD TAX-MANAGED FDS ETF 921943858 8,966,720 125,849 SH SOLE 0 125,849 0 0
VANGUARD SCOTTSDALE FDS ETF 92206C771 5,511,470 117,741 SH SOLE 0 117,741 0 0
VANGUARD INDEX FDS ETF 922908553 3,932,616 40,782 SH SOLE 0 40,782 0 0
VANGUARD MUN BD FDS ETF 922907746 4,883,787 96,556 SH SOLE 0 96,556 0 0
VANGUARD MALVERN FDS ETF 922020805 9,464,656 188,426 SH SOLE 0 188,426 0 0
VANGUARD INTL EQUITY INDEX F ETF 922042858 10,776,170 180,536 SH SOLE 0 180,536 0 0