Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UPS	UNITED PARCEL SERVICE INC CL B	334,222	$40.14M	24.1%	$120.09 *	$69.40	+26.5%	Stock	911312106
VNQ	VANGUARD REIT ETF	132,223	$10.99M	6.6%	$83.09	$78.71	+5.6%	ETF	922908553
TOTL	SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF	166,457	$8.201M	4.9%	$49.27	$49.39	-0.2%	ETF	78467V848
BIV	VANGUARD INTERMEDIATE-TERM BOND INDEX FUND	85,008	$7.197M	4.3%	$84.66	$85.34	-0.8%	ETF	921937819
FEZ	SPDR EURO STOXX 50 ETF	158,302	$6.53M	3.9%	$41.25	$34.84	+18.4%	ETF	78463X202
EFV	ISHARES MSCI EAFE VALUE ETF	110,072	$6.01M	3.6%	$54.60	$47.59	+14.7%	ETF	464288877
EFG	ISHARES MSCI EAFE GROWTH ETF	74,075	$5.733M	3.4%	$77.39	$68.93	+12.3%	ETF	464288885
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	107,530	$5.143M	3.1%	$47.83	$46.95	+1.9%	ETF	46434V407
ITB	ISHARES U.S. HOME CONSTRUCTION ETF	123,945	$4.529M	2.7%	$36.54	$28.91	+26.4%	ETF	464288752
SPSB	SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	145,896	$4.475M	2.7%	$30.67	$30.66	+0.0%	ETF	78464A474
BLV	VANGUARD LONG-TERM BOND INDEX FUND	45,367	$4.254M	2.6%	$93.77	$91.73	+2.2%	ETF	921937793
GUNR	FLEXSHARES GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND	130,129	$4.054M	2.4%	$31.15	$28.01	+11.2%	ETF	33939L407
IVE	ISHARES S&P 500 VALUE ETF	33,521	$3.617M	2.2%	$107.90	$91.66	+17.7%	ETF	464287408
IWS	ISHARES RUSSELL MID-CAP VALUE ETF	40,608	$3.449M	2.1%	$84.93	$75.49	+12.5%	ETF	464287473
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	37,539	$3.043M	1.8%	$81.06	$69.36	+16.9%	ETF	921946406
XLV	HEALTH CARE SELECT SECTOR SPDR FUND	35,554	$2.906M	1.7%	$81.73	$80.31	+1.8%	ETF	81369Y209
XLF	FINANCIAL SELECT SECTOR SPDR FUND	110,266	$2.851M	1.7%	$25.86	$24.95	+3.6%	ETF	81369Y605
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	22,020	$2.814M	1.7%	$127.79	$109.85	+16.3%	ETF	922908611
REM	ISHARES MORTGAGE REAL ESTATE CAPPED ETF	59,585	$2.791M	1.7%	$46.84	$46.63	+0.5%	ETF	46435G342
IVW	ISHARES S&P 500 GROWTH ETF	14,566	$2.089M	1.3%	$143.42 *	$28.63	+25.2%	ETF	464287309
PFF	ISHARES U.S. PREFERRED STOCK ETF	51,652	$2.005M	1.2%	$38.82	$38.96	-0.4%	ETF	464288687
IJK	ISHARES S&P MID-CAP 400 GROWTH ETF	9,487	$1.92M	1.2%	$202.38 *	$41.77	+21.1%	ETF	464287606
VB	VANGUARD SMALL-CAP INDEX FUND	13,277	$1.876M	1.1%	$141.30	$115.65	+22.2%	ETF	922908751
T	AT&T INC COM	43,616	$1.708M	1.0%	$39.16 *	$12.30	+32.2%	Stock	00206R102
RHI	ROBERT HALF INTL INC COM	29,826	$1.501M	0.9%	$50.33	$54.27	-7.2%	Stock	770323103
AMZN	AMAZON COM INC COM	1,530	$1.471M	0.9%	$961.44 *	$24.59	+95.5%	Stock	023135106
JNJ	JOHNSON & JOHNSON COM	10,534	$1.37M	0.8%	$130.06 *	$77.17	+33.9%	Stock	478160104
PCAR	PACCAR INC COM	16,961	$1.227M	0.7%	$72.34 *	$27.96	+24.1%	Stock	693718108
STWD	STARWOOD PPTY TR INC COM	52,265	$1.135M	0.7%	$21.72	$22.14	—	REIT	85571B105
INTC	INTEL CORP COM	29,019	$1.105M	0.7%	$38.08 *	$27.30	+16.4%	Stock	458140100
BA	BOEING CO COM	4,336	$1.102M	0.7%	$254.15 *	$114.95	+109.6%	Stock	097023105
AAPL	APPLE INC COM	7,120	$1.097M	0.7%	$154.07 *	$28.10	+28.0%	Stock	037833100
EMR	EMERSON ELEC CO COM	16,663	$1.047M	0.6%	$62.83 *	$43.55	+18.2%	Stock	291011104
CBU	COMMUNITY BK SYS INC COM	18,248	$1.008M	0.6%	$55.24 *	$25.98	+67.9%	Stock	203607106
JPM	JPMORGAN CHASE & CO COM	9,811	$937K	0.6%	$95.51 *	$53.17	+43.5%	Stock	46625H100
PG	PROCTER AND GAMBLE CO COM	9,832	$895K	0.5%	$91.03 *	$66.06	+10.6%	Stock	742718109
—	UMPQUA HLDGS CORP COM	43,244	$844K	0.5%	$19.52	$17.57	—	Stock	904214103
MSFT	MICROSOFT CORP COM	10,092	$752K	0.5%	$74.51 *	$40.91	+66.6%	Stock	594918104
UNH	UNITEDHEALTH GROUP INC COM	3,813	$747K	0.4%	$195.91 *	$115.03	+49.3%	Stock	91324P102
—	GENERAL ELECTRIC CO COM	30,652	$741K	0.4%	$24.17	$25.51	—	Stock	369604103
CVX	CHEVRON CORP NEW COM	6,165	$724K	0.4%	$117.44 *	$67.16	+22.7%	Stock	166764100
—	ALERIAN MLP ETF	57,036	$640K	0.4%	$11.22	$14.45	—	ETF	00162Q866
DUK	DUKE ENERGY CORP NEW COM NEW	7,629	$640K	0.4%	$83.89 *	$51.21	+17.0%	Stock	26441C204
O	REALTY INCOME CORP COM	9,830	$562K	0.3%	$57.17 *	$26.60	+40.4%	REIT	756109104
PPG	PPG INDS INC COM	5,098	$554K	0.3%	$108.67 *	$89.80	+3.6%	Stock	693506107
GPC	GENUINE PARTS CO COM	5,628	$538K	0.3%	$95.59 *	$71.18	+5.9%	Stock	372460105
NEE	NEXTERA ENERGY INC COM	3,625	$531K	0.3%	$146.48 *	$18.89	+58.0%	Stock	65339F101
CAT	CATERPILLAR INC DEL COM	4,008	$500K	0.3%	$124.75 *	$78.45	+32.7%	Stock	149123101
—	ROYAL DUTCH SHELL PLC SPONS ADR A	7,680	$465K	0.3%	$60.55	$60.55	—	ADR	780259206
LLY	LILLY ELI & CO COM	4,937	$422K	0.3%	$85.48 *	$55.19	+36.7%	Stock	532457108
KMB	KIMBERLY CLARK CORP COM	3,400	$400K	0.2%	$117.65 *	$76.09	+15.9%	Stock	494368103
—	LAZARD LTD SHS A	8,693	$393K	0.2%	$45.21	$37.95	—	Stock	G54050102
KHC	KRAFT HEINZ CO COM	4,986	$387K	0.2%	$77.62 *	$48.79	+7.6%	Stock	500754106
—	CELGENE CORP COM	2,584	$377K	0.2%	$145.90	$125.69	—	Stock	151020104
VZ	VERIZON COMMUNICATIONS INC COM	7,600	$376K	0.2%	$49.47 *	$27.82	+14.3%	Stock	92343V104
—	HEALTHSOUTH CORP COM NEW	7,880	$365K	0.2%	$46.32	$43.52	—	Stock	421924309
MCD	MCDONALDS CORP COM	2,209	$346K	0.2%	$156.63 *	$74.30	+73.8%	Stock	580135101
CSCO	CISCO SYS INC COM	9,926	$334K	0.2%	$33.65 *	$22.61	+15.5%	Stock	17275R102
DHI	D R HORTON INC COM	7,821	$312K	0.2%	$39.89 *	$24.36	+49.7%	Stock	23331A109
WELL	WELLTOWER INC COM	4,088	$287K	0.2%	$70.21 *	$44.80	+16.9%	REIT	95040Q104
—	POWERSHARES QQQ TRUST, SERIES 1	1,949	$284K	0.2%	$145.72	$114.65	—	ETF	73935A104
—	PIMCO HIGH INCOME FD COM SHS	33,614	$280K	0.2%	$8.33	$9.77	—	CEF	722014107
XLU	UTILITIES SELECT SECTOR SPDR FUND	5,054	$268K	0.2%	$53.03 *	$24.71	+7.4%	ETF	81369Y886
OEF	ISHARES S&P 100 ETF	2,258	$251K	0.2%	$111.16	$91.35	+21.8%	ETF	464287101
—	ABERDEEN ASIA PACIFIC INCOM FD COM	47,625	$246K	0.1%	$5.17	$5.07	—	CEF	003009107
SHY	ISHARES 1-3 YEAR TREASURY BOND ETF	2,881	$243K	0.1%	$84.35	$84.54	-0.1%	ETF	464287457
—	HCP INC COM	8,096	$225K	0.1%	$27.79	$37.44	—	REIT	40414L109
IBB	ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND	665	$222K	0.1%	$333.83 *	$95.13	+16.9%	ETF	464287556
IEI	ISHARES 3-7 YEAR TREASURY BOND ETF	1,776	$219K	0.1%	$123.31	$123.76	-0.2%	ETF	464288661