VSR Financial Services, Inc. Form 13F-HR Filed 2015-08-06

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
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
ALPS ETF TR	US EQTHIVOLPT WR	00162Q734	823	35,537	SH		SOLE		0	0	35,537
ALPS ETF TR	ALERIAN MLP	00162Q866	1,190	76,486	SH		SOLE		0	0	76,486
ANI PHARMACEUTICALS INC	COM	00182C103	245	3,951	SH		SOLE		0	0	3,951
AT&T INC	COM	00206R102	11,461	322,654	SH		SOLE		0	0	322,654
ABBOTT LABS	COM	002824100	795	16,191	SH		SOLE		0	0	16,191
ABBVIE INC	COM	00287Y109	1,066	15,861	SH		SOLE		0	0	15,861
ADVISORSHARES TR	TRIMTABS FLT	00768Y818	790	13,830	SH		SOLE		0	0	13,830
ADVISORSHARES TR	RANGER EQUITY BE	00768Y883	113	10,393	SH		SOLE		0	0	10,393
ADVANCED MICRO DEVICES INC	COM	007903107	243	101,350	SH		SOLE		0	0	101,350
AETNA INC NEW	COM	00817Y108	1,164	9,134	SH		SOLE		0	0	9,134
AFFYMETRIX INC	COM	00826T108	199	18,206	SH		SOLE		0	0	18,206
AGILENT TECHNOLOGIES INC	COM	00846U101	967	25,057	SH		SOLE		0	0	25,057
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	2,128	25,867	SH		SOLE		0	0	25,867
ALLIANT ENERGY CORP	COM	018802108	733	12,702	SH		SOLE		0	0	12,702
ALLIANCEBERNSTEIN INCOME FUN	COM	01881E101	220	29,548	SH		SOLE		0	0	29,548
ALLIANCEBERNSTEIN HOLDING LP	UNIT LTD PARTN	01881G106	201	6,815	SH		SOLE		0	0	6,815
ALLIANZGI CONV & INCOME FD	COM	018828103	287	35,348	SH		SOLE		0	0	35,348
ALLSCRIPTS HEALTHCARE SOLUTN	COM	01988P108	208	15,240	SH		SOLE		0	0	15,240
ALPINE TOTAL DYNAMIC DIVID F	COM SH BEN INT N	021060207	394	45,620	SH		SOLE		0	0	45,620
ALTRIA GROUP INC	COM	02209S103	2,307	47,161	SH		SOLE		0	0	47,161
AMAZON COM INC	COM	023135106	519	1,197	SH		SOLE		0	0	1,197
AMERICAN AIRLS GROUP INC	COM	02376R102	1,141	28,579	SH		SOLE		0	0	28,579
AMERICAN CAPITAL AGENCY CORP	COM	02503X105	315	17,157	SH		SOLE		0	0	17,157
AMERICAN CAP LTD	COM	02503Y103	817	60,283	SH		SOLE		0	0	60,283
AMERICAN EXPRESS CO	COM	025816109	736	9,475	SH		SOLE		0	0	9,475
AMERICAN INTL GROUP INC	COM NEW	026874784	244	3,946	SH		SOLE		0	0	3,946
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	2,864	352,324	SH		SOLE		0	0	352,324
AMERICAN TOWER CORP NEW	COM	03027X100	605	6,486	SH		SOLE		0	0	6,486
AMERISOURCEBERGEN CORP	COM	03073E105	319	3,005	SH		SOLE		0	0	3,005
AMERIGAS PARTNERS L P	UNIT L P INT	030975106	443	9,694	SH		SOLE		0	0	9,694
AMGEN INC	COM	031162100	2,113	13,763	SH		SOLE		0	0	13,763
ANALOGIC CORP	COM PAR $0.05	032657207	209	2,649	SH		SOLE		0	0	2,649
ANDERSONS INC	COM	034164103	203	5,193	SH		SOLE		0	0	5,193
ANNALY CAP MGMT INC	COM	035710409	277	30,101	SH		SOLE		0	0	30,101
APACHE CORP	COM	037411105	237	4,122	SH		SOLE		0	0	4,122
APOLLO INVT CORP	COM	03761U106	194	27,411	SH		SOLE		0	0	27,411
APPLE INC	COM	037833100	7,682	61,247	SH		SOLE		0	0	61,247
ARCHER DANIELS MIDLAND CO	COM	039483102	1,216	25,227	SH		SOLE		0	0	25,227
ARENA PHARMACEUTICALS INC	COM	040047102	70	15,000	SH		SOLE		0	0	15,000
ARES CAP CORP	COM	04010L103	1,317	79,992	SH		SOLE		0	0	79,992
ARTESIAN RESOURCES CORP	CL A	043113208	423	20,075	SH		SOLE		0	0	20,075
ATLATSA RES CORP	COM	049477102	1	10,000	SH		SOLE		0	0	10,000
AXOGEN INC	COM	05463X106	31	10,000	SH		SOLE		0	0	10,000
BB&T CORP	COM	054937107	394	9,766	SH		SOLE		0	0	9,766
B & G FOODS INC NEW	COM	05508R106	384	13,445	SH		SOLE		0	0	13,445
BP PLC	SPONSORED ADR	055622104	4,151	103,886	SH		SOLE		0	0	103,886
BAIDU INC	SPON ADR REP A	056752108	927	4,656	SH		SOLE		0	0	4,656
BANK AMER CORP	COM	060505104	1,763	103,600	SH		SOLE		0	0	103,600
BANK OF THE OZARKS INC	COM	063904106	378	8,268	SH		SOLE		0	0	8,268
BARCLAYS BK PLC	DJUBS CMDT ETN36	06738C778	652	22,431	SH		SOLE		0	0	22,431
BARCLAYS BANK PLC	ADR PFD SR 5	06739H362	298	11,456	SH		SOLE		0	0	11,456
BAXTER INTL INC	COM	071813109	516	7,382	SH		SOLE		0	0	7,382
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	7,430	54,587	SH		SOLE		0	0	54,587
BIOGEN INC	COM	09062X103	277	687	SH		SOLE		0	0	687
BLACKROCK FLOATING RATE INCO	COM	091941104	163	12,538	SH		SOLE		0	0	12,538
BLACKROCK CR ALLCTN INC TR	COM	092508100	950	75,000	SH		SOLE		0	0	75,000
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	1,001	24,504	SH		SOLE		0	0	24,504
BLACKROCK FLOAT RATE OME STR	COM	09255X100	364	26,902	SH		SOLE		0	0	26,902
BLACKSTONE GSO FLTING RTE FU	COM	09256U105	344	20,021	SH		SOLE		0	0	20,021
BLOCK H & R INC	COM	093671105	241	8,129	SH		SOLE		0	0	8,129
BOEING CO	COM	097023105	1,584	11,416	SH		SOLE		0	0	11,416
BOSTON SCIENTIFIC CORP	COM	101137107	433	24,481	SH		SOLE		0	0	24,481
BOVIE MEDICAL CORP	COM	10211F100	54	19,250	SH		SOLE		0	0	19,250
BRISTOL MYERS SQUIBB CO	COM	110122108	864	12,985	SH		SOLE		0	0	12,985
CBRE CLARION GLOBAL REAL EST	COM	12504G100	863	108,405	SH		SOLE		0	0	108,405
CF INDS HLDGS INC	COM	125269100	333	5,175	SH		SOLE		0	0	5,175
CVS HEALTH CORP	COM	126650100	1,031	9,832	SH		SOLE		0	0	9,832
CYS INVTS INC	COM	12673A108	128	16,585	SH		SOLE		0	0	16,585
CAL MAINE FOODS INC	COM NEW	128030202	206	3,946	SH		SOLE		0	0	3,946
CALAMOS CONV & HIGH INCOME F	COM SHS	12811P108	172	12,922	SH		SOLE		0	0	12,922
CALAMOS STRATEGIC TOTL RETN	COM SH BEN INT	128125101	653	59,504	SH		SOLE		0	0	59,504
CALIX INC	COM	13100M509	88	11,549	SH		SOLE		0	0	11,549
CAMBREX CORP	COM	132011107	216	4,925	SH		SOLE		0	0	4,925
CANADIAN NATL RY CO	COM	136375102	212	3,673	SH		SOLE		0	0	3,673
CANADIAN NAT RES LTD	COM	136385101	336	12,370	SH		SOLE		0	0	12,370
CARDINAL HEALTH INC	COM	14149Y108	2,407	28,779	SH		SOLE		0	0	28,779
CAREER EDUCATION CORP	COM	141665109	157	47,550	SH		SOLE		0	0	47,550
CATERPILLAR INC DEL	COM	149123101	3,228	38,056	SH		SOLE		0	0	38,056
CELGENE CORP	COM	151020104	665	5,750	SH		SOLE		0	0	5,750
CENTURYLINK INC	COM	156700106	3,252	110,691	SH		SOLE		0	0	110,691
CHAMBERS STR PPTYS	COM	157842105	1,323	166,447	SH		SOLE		0	0	166,447
CHEVRON CORP NEW	COM	166764100	3,436	35,619	SH		SOLE		0	0	35,619
CHICAGO BRIDGE & IRON CO N V	COM	167250109	2,717	54,306	SH		SOLE		0	0	54,306
CHIMERA INVT CORP	COM NEW	16934Q208	193	14,093	SH		SOLE		0	0	14,093
CHURCH & DWIGHT INC	COM	171340102	558	6,882	SH		SOLE		0	0	6,882
CINCINNATI BELL INC NEW	COM	171871106	88	23,079	SH		SOLE		0	0	23,079
CISCO SYS INC	COM	17275R102	1,161	42,281	SH		SOLE		0	0	42,281
CITIGROUP INC	COM NEW	172967424	528	9,566	SH		SOLE		0	0	9,566
CLAYMORE EXCHANGE TRD FD TR	GUG BULL2019 E	18383M522	625	29,645	SH		SOLE		0	0	29,645
CLAYMORE EXCHANGE TRD FD TR	GUG BULL2018 E	18383M530	458	21,552	SH		SOLE		0	0	21,552
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2017	18383M548	962	42,299	SH		SOLE		0	0	42,299
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2016	18383M555	841	37,860	SH		SOLE		0	0	37,860
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2015	18383M563	696	32,149	SH		SOLE		0	0	32,149
CLAYMORE EXCHANGE TRD FD TR	GUGG SPINOFF ETF	18383M605	616	13,434	SH		SOLE		0	0	13,434
CLAYMORE EXCHANGE TRD FD TR	GUGG ENH SHT DUR	18383M654	1,834	36,630	SH		SOLE		0	0	36,630
CLAYMORE EXCHANGE TRD FD TR	GUG MIDCAP CORE	18383M720	1,272	25,001	SH		SOLE		0	0	25,001
CLAYMORE EXCHANGE TRD FD TR	GUGGEN DEFN EQTY	18383M878	338	9,106	SH		SOLE		0	0	9,106
COCA COLA CO	COM	191216100	4,732	120,619	SH		SOLE		0	0	120,619
COEUR MNG INC	NOTE 3.250% 3/1	192108AR9	10	10,000	PRN		SOLE		0	0	10,000
COHEN & STEERS QUALITY RLTY	COM	19247L106	814	76,130	SH		SOLE		0	0	76,130
COHEN & STEERS REIT & PFD IN	COM	19247X100	755	43,180	SH		SOLE		0	0	43,180
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	596	28,362	SH		SOLE		0	0	28,362
COHEN & STEERS LTD DUR PFD I	COM	19248C105	955	41,524	SH		SOLE		0	0	41,524
COHEN & STEERS SLT PFD INCM	COM	19248Y107	6,242	258,992	SH		SOLE		0	0	258,992
COLGATE PALMOLIVE CO	COM	194162103	413	6,311	SH		SOLE		0	0	6,311
COMCAST CORP NEW	CL A	20030N101	446	7,423	SH		SOLE		0	0	7,423
COMMERCIAL VEH GROUP INC	COM	202608105	883	122,449	SH		SOLE		0	0	122,449
CONAGRA FOODS INC	COM	205887102	438	10,022	SH		SOLE		0	0	10,022
CONOCOPHILLIPS	COM	20825C104	1,992	32,436	SH		SOLE		0	0	32,436
CONVERGYS CORP	COM	212485106	345	13,548	SH		SOLE		0	0	13,548
COPART INC	COM	217204106	248	6,999	SH		SOLE		0	0	6,999
CORNING INC	COM	219350105	655	33,192	SH		SOLE		0	0	33,192
COSTCO WHSL CORP NEW	COM	22160K105	422	3,126	SH		SOLE		0	0	3,126
CREDIT SUISSE ASSET MGMT INC	COM	224916106	44	13,700	SH		SOLE		0	0	13,700
CRAY INC	COM NEW	225223304	359	12,178	SH		SOLE		0	0	12,178
CROCS INC	COM	227046109	1,119	76,073	SH		SOLE		0	0	76,073
DBX ETF TR	XTRAK MSCI JAPN	233051507	208	4,985	SH		SOLE		0	0	4,985
DBX ETF TR	DB XTR MSCI EUR	233051853	219	8,149	SH		SOLE		0	0	8,149
DARDEN RESTAURANTS INC	COM	237194105	200	2,820	SH		SOLE		0	0	2,820
DEAN FOODS CO NEW	COM NEW	242370203	205	12,698	SH		SOLE		0	0	12,698
DEERE & CO	COM	244199105	1,912	19,706	SH		SOLE		0	0	19,706
DELUXE CORP	COM	248019101	12,118	195,448	SH		SOLE		0	0	195,448
DEVON ENERGY CORP NEW	COM	25179M103	358	6,021	SH		SOLE		0	0	6,021
DIAGEO P L C	SPON ADR NEW	25243Q205	529	4,555	SH		SOLE		0	0	4,555
DIGITAL RLTY TR INC	COM	253868103	381	5,713	SH		SOLE		0	0	5,713
DIREXION SHS ETF TR	ALL CP INSIDER	25459Y769	622	8,773	SH		SOLE		0	0	8,773
DISNEY WALT CO	COM DISNEY	254687106	2,238	19,606	SH		SOLE		0	0	19,606
DOMINION RES INC VA NEW	COM	25746U109	286	4,273	SH		SOLE		0	0	4,273
DOMTAR CORP	COM NEW	257559203	296	7,144	SH		SOLE		0	0	7,144
DONNELLEY R R & SONS CO	COM	257867101	2,093	120,096	SH		SOLE		0	0	120,096
DOUBLELINE OPPORTUNISTIC CR	COM	258623107	209	9,016	SH		SOLE		0	0	9,016
DOVER CORP	COM	260003108	301	4,284	SH		SOLE		0	0	4,284
DOW CHEM CO	COM	260543103	3,803	74,327	SH		SOLE		0	0	74,327
DREYFUS MUN INCOME INC	COM	26201R102	89	10,000	SH		SOLE		0	0	10,000
DU PONT E I DE NEMOURS & CO	COM	263534109	2,458	38,432	SH		SOLE		0	0	38,432
DUKE ENERGY CORP NEW	COM NEW	26441C204	1,074	15,215	SH		SOLE		0	0	15,215
EGA EMERGING GLOBAL SHS TR	EGS EMKTCONS ETF	268461779	299	11,458	SH		SOLE		0	0	11,458
EATON VANCE MUN BD FD	COM	27827X101	334	27,468	SH		SOLE		0	0	27,468
EATON VANCE TAX ADVT DIV INC	COM	27828G107	467	23,561	SH		SOLE		0	0	23,561
EATON VANCE TX ADV GLBL DIV	COM	27828S101	292	17,299	SH		SOLE		0	0	17,299
EATON VANCE TX MNG BY WRT OP	COM	27828Y108	258	17,365	SH		SOLE		0	0	17,365
EATON VANCE TXMGD GL BUYWR O	COM	27829C105	144	12,217	SH		SOLE		0	0	12,217
EATON VANCE TAX MNGD GBL DV	COM	27829F108	212	21,867	SH		SOLE		0	0	21,867
EATON VANCE NATL MUN OPPORT	COM SHS	27829L105	566	28,058	SH		SOLE		0	0	28,058
EMERSON ELEC CO	COM	291011104	260	4,699	SH		SOLE		0	0	4,699
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	1,919	36,772	SH		SOLE		0	0	36,772
ENTERPRISE PRODS PARTNERS L	COM	293792107	275	9,190	SH		SOLE		0	0	9,190
EXAMWORKS GROUP INC	COM	30066A105	315	8,062	SH		SOLE		0	0	8,062
EXELON CORP	COM	30161N101	569	18,099	SH		SOLE		0	0	18,099
EXPRESS SCRIPTS HLDG CO	COM	30219G108	500	5,618	SH		SOLE		0	0	5,618
EXXON MOBIL CORP	COM	30231G102	7,528	90,476	SH		SOLE		0	0	90,476
FS INVT CORP	COM	302635107	22,419	2,278,314	SH		SOLE		0	0	2,278,314
FACEBOOK INC	CL A	30303M102	1,229	14,334	SH		SOLE		0	0	14,334
FEDEX CORP	COM	31428X106	298	1,748	SH		SOLE		0	0	1,748
FIDUS INVT CORP	COM	316500107	904	60,638	SH		SOLE		0	0	60,638
FIRST FINL BANKSHARES	COM	32020R109	201	5,796	SH		SOLE		0	0	5,796
FIRST TR US IPO INDEX FD	SHS	336920103	1,639	30,055	SH		SOLE		0	0	30,055
FIRST TR EXCHANGE TRADED FD	NY ARCA BIOTECH	33733E203	2,120	17,096	SH		SOLE		0	0	17,096
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	1,629	24,239	SH		SOLE		0	0	24,239
FIRST TR VALUE LINE DIVID IN	SHS	33734H106	414	17,717	SH		SOLE		0	0	17,717
FIRST TR EXCHANGE TRADED FD	CONSUMR DISCRE	33734X101	2,694	73,797	SH		SOLE		0	0	73,797
FIRST TR EXCHANGE TRADED FD	CONSUMR STAPLE	33734X119	3,307	75,122	SH		SOLE		0	0	75,122
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	1,230	51,836	SH		SOLE		0	0	51,836
FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH	33734X143	5,359	77,833	SH		SOLE		0	0	77,833
FIRST TR EXCHANGE TRADED FD	TECH ALPHADEX	33734X176	1,146	32,405	SH		SOLE		0	0	32,405
FIRST TR SML CP CORE ALPHA F	COM SHS	33734Y109	2,549	50,998	SH		SOLE		0	0	50,998
FIRST TR MID CAP CORE ALPHAD	COM SHS	33735B108	2,451	45,491	SH		SOLE		0	0	45,491
FIRST TR LRG CP VL ALPHADEX	COM SHS	33735J101	542	12,780	SH		SOLE		0	0	12,780
FIRST TR LRG CP GRWTH ALPHAD	COM SHS	33735K108	319	6,575	SH		SOLE		0	0	6,575
FIRST TR EXCH TRD ALPHA FD I	CHINA ALPHADEX	33737J141	228	8,813	SH		SOLE		0	0	8,813
FIRST TR EXCH TRD ALPHA FD I	DEV MRK EX US	33737J174	1,317	25,880	SH		SOLE		0	0	25,880
FIRST TR EXCNGE TRD ALPHADEX	MID CP GR ALPH	33737M102	2,043	66,426	SH		SOLE		0	0	66,426
FIRST TR EXCNGE TRD ALPHADEX	SML CP GRW ALP	33737M300	2,066	65,030	SH		SOLE		0	0	65,030
FIRST TR EXCNGE TRD ALPHADEX	SML CAP VAL AL	33737M409	1,943	59,749	SH		SOLE		0	0	59,749
FIRST TR EXCHANGE TRADED FD	SENIOR LN FD	33738D309	3,751	76,716	SH		SOLE		0	0	76,716
FIRST TR EXCHANGE TRADED FD	MULTI ASSET DI	33738R100	1,522	76,248	SH		SOLE		0	0	76,248
FIRST TR EXCHANGE TRADED FD	DORSEY WRT 5 ETF	33738R605	6,320	258,494	SH		SOLE		0	0	258,494
FIRST TR EXCHANGE TRADED FD	DORSEY WRIGHT	33738R886	4,408	225,596	SH		SOLE		0	0	225,596
FISERV INC	COM	337738108	314	3,790	SH		SOLE		0	0	3,790
FIRSTENERGY CORP	COM	337932107	1,997	61,365	SH		SOLE		0	0	61,365
FLAHERTY&CRMN PFD SEC INCOM	COM	338478100	187	10,000	SH		SOLE		0	0	10,000
FLAHERTY & CRUMRINE PFD INC	COM	33848E106	143	13,474	SH		SOLE		0	0	13,474
FLEXSHARES TR	IBOXX 3R TARGT	33939L506	2,669	108,604	SH		SOLE		0	0	108,604
FLEXSHARES TR	M STAR DEV MKT	33939L803	976	16,025	SH		SOLE		0	0	16,025
FLEXSHARES TR	QLT DIV DEF IDX	33939L845	468	13,176	SH		SOLE		0	0	13,176
FLUOR CORP NEW	COM	343412102	451	8,515	SH		SOLE		0	0	8,515
FORD MTR CO DEL	COM PAR $0.01	345370860	1,583	105,444	SH		SOLE		0	0	105,444
FREEPORT-MCMORAN INC	CL B	35671D857	934	50,156	SH		SOLE		0	0	50,156
FRONTIER COMMUNICATIONS CORP	COM	35906A108	293	59,203	SH		SOLE		0	0	59,203
GABELLI DIVD & INCOME TR	COM	36242H104	1,391	66,822	SH		SOLE		0	0	66,822
GABELLI GLB SML & MD CP VAL	COM	36249W104	517	48,515	SH		SOLE		0	0	48,515
GALENA BIOPHARMA INC	COM	363256108	35	20,407	SH		SOLE		0	0	20,407
GAMCO GLOBAL GOLD NAT RES &	COM SH BEN INT	36465A109	190	29,196	SH		SOLE		0	0	29,196
GENERAL DYNAMICS CORP	COM	369550108	364	2,572	SH		SOLE		0	0	2,572
GENERAL ELECTRIC CO	COM	369604103	10,994	413,782	SH		SOLE		0	0	413,782
GENERAL MLS INC	COM	370334104	1,389	24,931	SH		SOLE		0	0	24,931
GENERAL MTRS CO	COM	37045V100	2,079	62,384	SH		SOLE		0	0	62,384
GEVO INC	COM NEW	374396208	192	58,739	SH		SOLE		0	0	58,739
GILEAD SCIENCES INC	COM	375558103	2,462	21,026	SH		SOLE		0	0	21,026
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	453	10,879	SH		SOLE		0	0	10,879
GLOBAL CASH ACCESS HLDGS INC	COM	378967103	78	10,060	SH		SOLE		0	0	10,060
GLOBAL X FDS	GLB X GURU INDEX	37950E341	399	15,143	SH		SOLE		0	0	15,143
GLOBAL X FDS	GLB X SUPERDIV	37950E549	565	25,531	SH		SOLE		0	0	25,531
GOLDMAN SACHS GROUP INC	COM	38141G104	630	3,019	SH		SOLE		0	0	3,019
GOOGLE INC	CL A	38259P508	448	831	SH		SOLE		0	0	831
GOOGLE INC	CL C	38259P706	4,868	9,352	SH		SOLE		0	0	9,352
GOPRO INC	CL A	38268T103	379	7,196	SH		SOLE		0	0	7,196
HCP INC	COM	40414L109	1,376	37,719	SH		SOLE		0	0	37,719
HALLIBURTON CO	COM	406216101	1,129	26,212	SH		SOLE		0	0	26,212
HANGER INC	COM NEW	41043F208	215	9,179	SH		SOLE		0	0	9,179
HEALTH CARE REIT INC	COM	42217K106	232	3,529	SH		SOLE		0	0	3,529
HEALTH NET INC	COM	42222G108	220	3,428	SH		SOLE		0	0	3,428
HEALTHCARE TR AMER INC	CL A NEW	42225P501	258	10,789	SH		SOLE		0	0	10,789
HERCULES TECH GROWTH CAP INC	COM	427096508	641	55,473	SH		SOLE		0	0	55,473
HEWLETT PACKARD CO	COM	428236103	1,007	33,557	SH		SOLE		0	0	33,557
HIGHLAND FDS I	HI LD IBOXX SRLN	430101774	3,270	170,060	SH		SOLE		0	0	170,060
HOLLYFRONTIER CORP	COM	436106108	575	13,467	SH		SOLE		0	0	13,467
HOME BANCSHARES INC	COM	436893200	342	9,342	SH		SOLE		0	0	9,342
HOME DEPOT INC	COM	437076102	1,567	14,105	SH		SOLE		0	0	14,105
HONEYWELL INTL INC	COM	438516106	1,032	10,120	SH		SOLE		0	0	10,120
HORMEL FOODS CORP	COM	440452100	1,262	22,386	SH		SOLE		0	0	22,386
HUDSON GLOBAL INC	COM	443787106	23	10,000	SH		SOLE		0	0	10,000
INLAND REAL ESTATE CORP	COM NEW	457461200	774	82,122	SH		SOLE		0	0	82,122
INTEL CORP	COM	458140100	3,506	115,273	SH		SOLE		0	0	115,273
INTER PARFUMS INC	COM	458334109	212	6,242	SH		SOLE		0	0	6,242
INTERNATIONAL BUSINESS MACHS	COM	459200101	4,330	26,620	SH		SOLE		0	0	26,620
INVESCO MUN TR	COM	46131J103	124	10,350	SH		SOLE		0	0	10,350
ISHARES	MSCI FRNTR100ETF	464286145	695	23,739	SH		SOLE		0	0	23,739
ISHARES	MSCI STH KOR ETF	464286772	355	6,446	SH		SOLE		0	0	6,446
ISHARES	MSCI JAPAN ETF	464286848	659	51,448	SH		SOLE		0	0	51,448
ISHARES TR	SELECT DIVID ETF	464287168	242	3,227	SH		SOLE		0	0	3,227
ISHARES TR	TIPS BD ETF	464287176	7,368	65,753	SH		SOLE		0	0	65,753
ISHARES TR	CHINA LG-CAP ETF	464287184	1,409	30,556	SH		SOLE		0	0	30,556
ISHARES TR	CORE S&P500 ETF	464287200	26,514	127,952	SH		SOLE		0	0	127,952
ISHARES TR	CORE US AGGBD ET	464287226	1,013	9,316	SH		SOLE		0	0	9,316
ISHARES TR	MSCI EMG MKT ETF	464287234	3,385	85,432	SH		SOLE		0	0	85,432
ISHARES TR	IBOXX INV CP ETF	464287242	4,075	35,219	SH		SOLE		0	0	35,219
ISHARES TR	S&P 500 GRWT ETF	464287309	5,932	52,096	SH		SOLE		0	0	52,096
ISHARES TR	S&P 500 VAL ETF	464287408	1,663	18,032	SH		SOLE		0	0	18,032
ISHARES TR	20+ YR TR BD ETF	464287432	274	2,329	SH		SOLE		0	0	2,329
ISHARES TR	7-10 Y TR BD ETF	464287440	2,229	21,227	SH		SOLE		0	0	21,227
ISHARES TR	1-3 YR TR BD ETF	464287457	596	7,028	SH		SOLE		0	0	7,028
ISHARES TR	MSCI EAFE ETF	464287465	11,674	183,864	SH		SOLE		0	0	183,864
ISHARES TR	RUS MDCP VAL ETF	464287473	1,285	17,419	SH		SOLE		0	0	17,419
ISHARES TR	RUS MD CP GR ETF	464287481	1,027	10,603	SH		SOLE		0	0	10,603
ISHARES TR	RUS MID-CAP ETF	464287499	17,027	99,976	SH		SOLE		0	0	99,976
ISHARES TR	CORE S&P MCP ETF	464287507	1,495	9,969	SH		SOLE		0	0	9,969
ISHARES TR	NASDQ BIOTEC ETF	464287556	2,098	5,687	SH		SOLE		0	0	5,687
ISHARES TR	COHEN&STEER REIT	464287564	400	4,465	SH		SOLE		0	0	4,465
ISHARES TR	U.S. CNSM SV ETF	464287580	664	4,636	SH		SOLE		0	0	4,636
ISHARES TR	RUS 1000 VAL ETF	464287598	2,281	22,116	SH		SOLE		0	0	22,116
ISHARES TR	S&P MC 400GR ETF	464287606	2,593	15,300	SH		SOLE		0	0	15,300
ISHARES TR	RUS 1000 GRW ETF	464287614	2,531	25,559	SH		SOLE		0	0	25,559
ISHARES TR	RUS 1000 ETF	464287622	2,155	18,572	SH		SOLE		0	0	18,572
ISHARES TR	RUS 2000 GRW ETF	464287648	607	3,925	SH		SOLE		0	0	3,925
ISHARES TR	RUSSELL 2000 ETF	464287655	9,450	75,687	SH		SOLE		0	0	75,687
ISHARES TR	RUSSELL 3000 ETF	464287689	758	6,118	SH		SOLE		0	0	6,118
ISHARES TR	S&P MC 400VL ETF	464287705	4,587	35,567	SH		SOLE		0	0	35,567
ISHARES TR	U.S. INDS ETF	464287754	540	5,126	SH		SOLE		0	0	5,126
ISHARES TR	US HLTHCARE ETF	464287762	723	4,553	SH		SOLE		0	0	4,553
ISHARES TR	CORE S&P SCP ETF	464287804	6,825	57,895	SH		SOLE		0	0	57,895
ISHARES TR	EUROPE ETF	464287861	1,207	27,597	SH		SOLE		0	0	27,597
ISHARES TR	SP SMCP600VL ETF	464287879	4,464	37,905	SH		SOLE		0	0	37,905
ISHARES TR	SP SMCP600GR ETF	464287887	4,637	35,398	SH		SOLE		0	0	35,398
ISHARES	MSCI AC ASIA ETF	464288182	819	12,997	SH		SOLE		0	0	12,997
ISHARES	JP MOR EM MK ETF	464288281	210	1,912	SH		SOLE		0	0	1,912
ISHARES	NAT AMT FREE BD	464288414	1,881	17,382	SH		SOLE		0	0	17,382
ISHARES	INTL SEL DIV ETF	464288448	759	23,471	SH		SOLE		0	0	23,471
ISHARES	IBOXX HI YD ETF	464288513	1,084	12,206	SH		SOLE		0	0	12,206
ISHARES	MBS ETF	464288588	701	6,453	SH		SOLE		0	0	6,453
ISHARES	INTERM CR BD ETF	464288638	12,915	118,637	SH		SOLE		0	0	118,637
ISHARES	1-3 YR CR BD ETF	464288646	5,396	51,231	SH		SOLE		0	0	51,231
ISHARES	U.S. PFD STK ETF	464288687	1,855	47,354	SH		SOLE		0	0	47,354
ISHARES	U.S. AER&DEF ETF	464288760	843	7,078	SH		SOLE		0	0	7,078
ISHARES	US REGNL BKS ETF	464288778	763	20,840	SH		SOLE		0	0	20,840
ISHARES	U.S. PHARMA ETF	464288836	2,271	12,991	SH		SOLE		0	0	12,991
ISHARES	MICRO-CAP ETF	464288869	1,331	16,326	SH		SOLE		0	0	16,326
ISHARES	EAFE GRWTH ETF	464288885	1,002	14,339	SH		SOLE		0	0	14,339
ISHARES	AGGRES ALLOC ETF	464289859	1,418	29,887	SH		SOLE		0	0	29,887
ISHARES	GRWT ALLOCAT ETF	464289867	2,937	72,442	SH		SOLE		0	0	72,442
ISHARES	MODERT ALLOC ETF	464289875	4,673	132,577	SH		SOLE		0	0	132,577
ISHARES	CONSER ALLOC ETF	464289883	811	24,977	SH		SOLE		0	0	24,977
ISHARES SILVER TRUST	ISHARES	46428Q109	927	61,697	SH		SOLE		0	0	61,697
ISHARES TR	MSCI FINLND ETF	46429B515	395	12,140	SH		SOLE		0	0	12,140
ISHARES TR	MSCI POL CAP ETF	46429B606	322	14,084	SH		SOLE		0	0	14,084
ISHARES TR	CORE HIGH DV ETF	46429B663	572	7,771	SH		SOLE		0	0	7,771
ISHARES TR	0-5 YR TIPS ETF	46429B747	312	3,125	SH		SOLE		0	0	3,125
ISHARES TR	MRNGSTR INC ETF	46432F875	761	30,817	SH		SOLE		0	0	30,817
JPMORGAN CHASE & CO	COM	46625H100	3,860	56,963	SH		SOLE		0	0	56,963
JPMORGAN CHASE & CO	ALERIAN ML ETN	46625H365	208	5,257	SH		SOLE		0	0	5,257
JOHNSON & JOHNSON	COM	478160104	3,214	32,974	SH		SOLE		0	0	32,974
JOHNSON CTLS INC	COM	478366107	875	17,662	SH		SOLE		0	0	17,662
KANSAS CITY SOUTHERN	COM NEW	485170302	224	2,456	SH		SOLE		0	0	2,456
KELLOGG CO	COM	487836108	847	13,504	SH		SOLE		0	0	13,504
KIMBERLY CLARK CORP	COM	494368103	291	2,744	SH		SOLE		0	0	2,744
KINDER MORGAN INC DEL	COM	49456B101	2,783	72,506	SH		SOLE		0	0	72,506
KITE RLTY GROUP TR	COM NEW	49803T300	1,083	44,240	SH		SOLE		0	0	44,240
KRAFT FOODS GROUP INC	COM	50076Q106	371	4,353	SH		SOLE		0	0	4,353
KROGER CO	COM	501044101	696	9,594	SH		SOLE		0	0	9,594
LEXMARK INTL NEW	CL A	529771107	384	8,690	SH		SOLE		0	0	8,690
LIBERTY ALL STAR EQUITY FD	SH BEN INT	530158104	71	12,339	SH		SOLE		0	0	12,339
LINCOLN NATL CORP IND	COM	534187109	200	3,378	SH		SOLE		0	0	3,378
LOCKHEED MARTIN CORP	COM	539830109	374	2,011	SH		SOLE		0	0	2,011
LOWES COS INC	COM	548661107	414	6,190	SH		SOLE		0	0	6,190
MAGELLAN HEALTH INC	COM NEW	559079207	217	3,094	SH		SOLE		0	0	3,094
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	324	4,420	SH		SOLE		0	0	4,420
MAIN STREET CAPITAL CORP	COM	56035L104	491	15,385	SH		SOLE		0	0	15,385
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	2,241	126,170	SH		SOLE		0	0	126,170
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	502	16,363	SH		SOLE		0	0	16,363
MARKET VECTORS ETF TR	EM LC CURR DBT	57060U522	461	23,615	SH		SOLE		0	0	23,615
MARKET VECTORS ETF TR	VECTRS POL ETF	57060U571	194	11,000	SH		SOLE		0	0	11,000
MARKET VECTORS ETF TR	MKTVEC INTMUETF	57060U845	353	15,209	SH		SOLE		0	0	15,209
MARKET VECTORS ETF TR	HG YLD MUN ETF	57060U878	1,606	53,727	SH		SOLE		0	0	53,727
MARRIOTT INTL INC NEW	CL A	571903202	330	4,441	SH		SOLE		0	0	4,441
MASTERCARD INC	CL A	57636Q104	334	3,573	SH		SOLE		0	0	3,573
MCDERMOTT INTL INC	COM	580037109	81	15,171	SH		SOLE		0	0	15,171
MCDONALDS CORP	COM	580135101	1,816	19,100	SH		SOLE		0	0	19,100
MEDASSETS INC	COM	584045108	217	9,839	SH		SOLE		0	0	9,839
MEDICAL PPTYS TRUST INC	COM	58463J304	171	13,043	SH		SOLE		0	0	13,043
MEDIFAST INC	COM	58470H101	214	6,618	SH		SOLE		0	0	6,618
MEDNAX INC	COM	58502B106	220	2,974	SH		SOLE		0	0	2,974
MERCK & CO INC NEW	COM	58933Y105	2,170	38,119	SH		SOLE		0	0	38,119
METLIFE INC	COM	59156R108	299	5,332	SH		SOLE		0	0	5,332
MFS HIGH YIELD MUN TR	SH BEN INT	59318E102	85	20,688	SH		SOLE		0	0	20,688
MICROSOFT CORP	COM	594918104	4,620	104,655	SH		SOLE		0	0	104,655
MICROCHIP TECHNOLOGY INC	COM	595017104	271	5,706	SH		SOLE		0	0	5,706
MILLENNIAL MEDIA INC	COM	60040N105	71	43,979	SH		SOLE		0	0	43,979
MOLSON COORS BREWING CO	CL B	60871R209	270	3,872	SH		SOLE		0	0	3,872
MONDELEZ INTL INC	CL A	609207105	449	10,920	SH		SOLE		0	0	10,920
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	7,397	820,100	SH		SOLE		0	0	820,100
MORGAN STANLEY EMER MKTS DEB	COM	61744H105	94	10,408	SH		SOLE		0	0	10,408
NATIONAL HEALTHCARE CORP	COM	635906100	2,476	38,103	SH		SOLE		0	0	38,103
NATIONAL HEALTHCARE CORP	PFD CONV SER A	635906209	318	20,727	SH		SOLE		0	0	20,727
NEUBERGER BERMAN RE ES SEC F	COM	64190A103	1,800	379,724	SH		SOLE		0	0	379,724
NEW MTN FIN CORP	COM	647551100	1,082	74,650	SH		SOLE		0	0	74,650
NEWLINK GENETICS CORP	COM	651511107	372	8,406	SH		SOLE		0	0	8,406
NIKE INC	CL B	654106103	508	4,707	SH		SOLE		0	0	4,707
NORFOLK SOUTHERN CORP	COM	655844108	500	5,721	SH		SOLE		0	0	5,721
NORTHROP GRUMMAN CORP	COM	666807102	396	2,498	SH		SOLE		0	0	2,498
NORTHSTAR RLTY FIN CORP	COM NEW	66704R704	1,047	65,847	SH		SOLE		0	0	65,847
NOVARTIS A G	SPONSORED ADR	66987V109	355	3,614	SH		SOLE		0	0	3,614
NOVO-NORDISK A S	ADR	670100205	625	11,418	SH		SOLE		0	0	11,418
NUVEEN INVT QUALITY MUN FD I	COM	67062E103	231	15,929	SH		SOLE		0	0	15,929
NUVEEN AMT-FREE MUN INCOME F	COM	670657105	356	27,910	SH		SOLE		0	0	27,910
NUVEEN GLOBAL EQUITY INCOME	COM	6706EH103	242	19,401	SH		SOLE		0	0	19,401
NUVEEN DIV ADVANTAGE MUN FD	COM	67070F100	204	15,211	SH		SOLE		0	0	15,211
NUVEEN QUALITY PFD INCOME FD	COM	67072C105	478	56,415	SH		SOLE		0	0	56,415
NUVEEN PFD INCOME OPPRTNY FD	COM	67073B106	863	94,227	SH		SOLE		0	0	94,227
NUVEEN PFD & INCOME TERM FD	COM	67075A106	717	32,261	SH		SOLE		0	0	32,261
OGE ENERGY CORP	COM	670837103	414	14,507	SH		SOLE		0	0	14,507
OCCIDENTAL PETE CORP DEL	COM	674599105	840	10,803	SH		SOLE		0	0	10,803
OMEGA HEALTHCARE INVS INC	COM	681936100	247	7,195	SH		SOLE		0	0	7,195
ONCOLYTICS BIOTECH INC	COM	682310107	66	131,630	SH		SOLE		0	0	131,630
ONEOK INC NEW	COM	682680103	209	5,299	SH		SOLE		0	0	5,299
ORACLE CORP	COM	68389X105	2,058	51,076	SH		SOLE		0	0	51,076
PG&E CORP	COM	69331C108	261	5,323	SH		SOLE		0	0	5,323
PPL CORP	COM	69351T106	226	7,669	SH		SOLE		0	0	7,669
PALO ALTO NETWORKS INC	COM	697435105	215	1,230	SH		SOLE		0	0	1,230
PENNANTPARK INVT CORP	COM	708062104	102	11,597	SH		SOLE		0	0	11,597
PENNANTPARK FLOATING RATE CA	COM	70806A106	633	45,600	SH		SOLE		0	0	45,600
PEPCO HOLDINGS INC	COM	713291102	503	18,678	SH		SOLE		0	0	18,678
PEPSICO INC	COM	713448108	3,028	32,444	SH		SOLE		0	0	32,444
PERKINELMER INC	COM	714046109	575	10,917	SH		SOLE		0	0	10,917
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	209	23,137	SH		SOLE		0	0	23,137
PFIZER INC	COM	717081103	1,010	30,132	SH		SOLE		0	0	30,132
PHILIP MORRIS INTL INC	COM	718172109	570	7,111	SH		SOLE		0	0	7,111
PHILLIPS 66	COM	718546104	2,751	34,143	SH		SOLE		0	0	34,143
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	356	20,225	SH		SOLE		0	0	20,225
PIMCO MUN INCOME FD II	COM	72200W106	141	12,262	SH		SOLE		0	0	12,262
PIMCO HIGH INCOME FD	COM SHS	722014107	410	41,134	SH		SOLE		0	0	41,134
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	2,097	19,597	SH		SOLE		0	0	19,597
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	1,144	11,451	SH		SOLE		0	0	11,451
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	582	5,754	SH		SOLE		0	0	5,754
PIMCO INCOME OPPORTUNITY FD	COM	72202B100	917	37,905	SH		SOLE		0	0	37,905
PIMCO DYNAMIC CR INCOME FD	COM SHS	72202D106	5,717	283,299	SH		SOLE		0	0	283,299
PIONEER MUN HIGH INCOME ADV	COM	723762100	192	15,357	SH		SOLE		0	0	15,357
PITNEY BOWES INC	COM	724479100	373	17,916	SH		SOLE		0	0	17,916
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	7,597	70,958	SH		SOLE		0	0	70,958
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	244	13,579	SH		SOLE		0	0	13,579
POWERSHARES ETF TRUST	DWA MOMENTUM PTF	73935X153	3,145	73,040	SH		SOLE		0	0	73,040
POWERSHARES ETF TRUST	GBL LSTD PVT EQT	73935X195	1,712	147,744	SH		SOLE		0	0	147,744
POWERSHARES ETF TRUST	DYNA BUYBK ACH	73935X286	2,256	46,418	SH		SOLE		0	0	46,418
POWERSHARES ETF TRUST	FTSE US1500 SM	73935X567	599	5,777	SH		SOLE		0	0	5,777
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	5,538	61,070	SH		SOLE		0	0	61,070
POWERSHARES ETF TRUST	DYN SEMCT PORT	73935X781	1,263	47,124	SH		SOLE		0	0	47,124
POWERSHARES ETF TRUST	DYN PHRMA PORT	73935X799	1,731	22,093	SH		SOLE		0	0	22,093
POWERSHARES ETF TRUST II	DWA DEVMKTMOM PT	73936Q108	302	12,650	SH		SOLE		0	0	12,650
POWERSHARES ETF TRUST II	DWA EMKT MOM PTF	73936Q207	278	15,362	SH		SOLE		0	0	15,362
POWERSHARES ETF TRUST II	DWA SC MOMNT PTF	73936Q744	1,101	26,539	SH		SOLE		0	0	26,539
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	5,673	238,454	SH		SOLE		0	0	238,454
POWERSHARES ETF TRUST II	KBW YIELD REIT	73936Q819	1,343	43,125	SH		SOLE		0	0	43,125
POWERSHARES ETF TRUST II	INTL CORP BOND	73936Q835	1,720	65,299	SH		SOLE		0	0	65,299
POWERSHARES ETF TRUST II	CEF INC COMPST	73936Q843	313	13,718	SH		SOLE		0	0	13,718
POWERSHARES GLOBAL ETF TRUST	AGG PFD PORT	73936T565	3,808	262,063	SH		SOLE		0	0	262,063
POWERSHARES GLOBAL ETF TRUST	DEV MKTS EX-US	73936T789	453	11,115	SH		SOLE		0	0	11,115
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	357	9,740	SH		SOLE		0	0	9,740
PRINCIPAL FINL GROUP INC	COM	74251V102	278	5,418	SH		SOLE		0	0	5,418
PROCTER & GAMBLE CO	COM	742718109	6,562	83,866	SH		SOLE		0	0	83,866
PROSHARES TR	PSHS SHRT S&P500	74347R503	298	13,957	SH		SOLE		0	0	13,957
PROSPECT CAPITAL CORPORATION	COM	74348T102	1,109	150,437	SH		SOLE		0	0	150,437
QUALCOMM INC	COM	747525103	386	6,166	SH		SOLE		0	0	6,166
QUANTA SVCS INC	COM	74762E102	288	10,000	SH		SOLE		0	0	10,000
RCS CAP CORP	COM CL A	74937W102	142	18,526	SH		SOLE		0	0	18,526
REALTY INCOME CORP	COM	756109104	258	5,819	SH		SOLE		0	0	5,819
REAVES UTIL INCOME FD	COM SH BEN INT	756158101	254	8,850	SH		SOLE		0	0	8,850
RETAIL PPTYS AMER INC	CL A	76131V202	922	66,215	SH		SOLE		0	0	66,215
REVENUESHARES ETF TR	SMALL CAP FD	761396308	626	10,772	SH		SOLE		0	0	10,772
REYNOLDS AMERICAN INC	COM	761713106	339	4,540	SH		SOLE		0	0	4,540
ROCKY BRANDS INC	COM	774515100	764	40,848	SH		SOLE		0	0	40,848
ROYAL BK CDA MONTREAL QUE	COM	780087102	801	13,095	SH		SOLE		0	0	13,095
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	2,412	42,301	SH		SOLE		0	0	42,301
ROYCE VALUE TR INC	COM	780910105	1,660	120,401	SH		SOLE		0	0	120,401
ROYCE MICRO-CAP TR INC	COM	780915104	1,062	115,204	SH		SOLE		0	0	115,204
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	8,488	106,372	SH		SOLE		0	0	106,372
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	1,067	19,912	SH		SOLE		0	0	19,912
RYDEX ETF TRUST	GUG S&P500 PU GR	78355W403	388	4,776	SH		SOLE		0	0	4,776
RYDEX ETF TRUST	GUG RUSS1000 EQL	78355W593	487	9,482	SH		SOLE		0	0	9,482
RYDEX ETF TRUST	GUG S&P MC400 PG	78355W601	838	6,332	SH		SOLE		0	0	6,332
RYDEX ETF TRUST	GUG S&P SC600 PG	78355W809	1,001	11,129	SH		SOLE		0	0	11,129
SPDR S&P 500 ETF TR	TR UNIT	78462F103	20,164	97,954	SH		SOLE		0	0	97,954
SPDR GOLD TRUST	GOLD SHS	78463V107	1,728	15,383	SH		SOLE		0	0	15,383
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	4,301	115,013	SH		SOLE		0	0	115,013
SPDR INDEX SHS FDS	S&P EM MKT DIV	78463X533	1,221	37,315	SH		SOLE		0	0	37,315
SPDR INDEX SHS FDS	S&P INTL ETF	78463X772	2,935	70,774	SH		SOLE		0	0	70,774
SPDR SERIES TRUST	BRCLY INTL CRP	78464A151	364	11,607	SH		SOLE		0	0	11,607
SPDR SERIES TRUST	NUV HGHYLD MUN	78464A284	1,383	24,957	SH		SOLE		0	0	24,957
SPDR SERIES TRUST	BRC CNV SECS ETF	78464A359	5,531	116,264	SH		SOLE		0	0	116,264
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	1,009	26,266	SH		SOLE		0	0	26,266
SPDR SERIES TRUST	NUVN BRCLY MUNI	78464A458	217	9,150	SH		SOLE		0	0	9,150
SPDR SERIES TRUST	BARC SHT TR CP	78464A474	212	6,920	SH		SOLE		0	0	6,920
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	2,461	32,295	SH		SOLE		0	0	32,295
SPDR SERIES TRUST	S&P INS ETF	78464A789	658	9,661	SH		SOLE		0	0	9,661
SPDR SERIES TRUST	S&P 400 MDCP GRW	78464A821	233	1,858	SH		SOLE		0	0	1,858
SSGA ACTIVE ETF TR	MULT ASS RLRTN	78467V103	1,623	62,742	SH		SOLE		0	0	62,742
SSGA ACTIVE ETF TR	GLOBL ALLO ETF	78467V400	1,602	46,207	SH		SOLE		0	0	46,207
SSGA ACTIVE ETF TR	SPDR TR TACTIC	78467V848	380	7,683	SH		SOLE		0	0	7,683
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	1,797	10,221	SH		SOLE		0	0	10,221
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	1,865	6,827	SH		SOLE		0	0	6,827
SPDR SER TR	SHT TRM HGH YLD	78468R408	3,607	124,756	SH		SOLE		0	0	124,756
ST JUDE MED INC	COM	790849103	282	3,856	SH		SOLE		0	0	3,856
SANDRIDGE ENERGY INC	COM	80007P307	44	50,368	SH		SOLE		0	0	50,368
SANDRIDGE MISSISSIPPIAN TR I	SH BEN INT	80007V106	47	11,150	SH		SOLE		0	0	11,150
SCHLUMBERGER LTD	COM	806857108	246	2,849	SH		SOLE		0	0	2,849
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	1,709	34,024	SH		SOLE		0	0	34,024
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	2,660	53,942	SH		SOLE		0	0	53,942
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	3,625	67,543	SH		SOLE		0	0	67,543
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	3,844	89,328	SH		SOLE		0	0	89,328
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	4,188	98,212	SH		SOLE		0	0	98,212
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	5,785	100,652	SH		SOLE		0	0	100,652
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	2,624	106,734	SH		SOLE		0	0	106,734
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	6,192	203,224	SH		SOLE		0	0	203,224
SCHWAB STRATEGIC TR	US REIT ETF	808524847	1,036	28,523	SH		SOLE		0	0	28,523
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	447	8,333	SH		SOLE		0	0	8,333
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	363	7,153	SH		SOLE		0	0	7,153
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	2,057	37,953	SH		SOLE		0	0	37,953
SEALED AIR CORP NEW	COM	81211K100	218	4,246	SH		SOLE		0	0	4,246
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,119	15,038	SH		SOLE		0	0	15,038
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	332	6,979	SH		SOLE		0	0	6,979
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	1,064	14,162	SH		SOLE		0	0	14,162
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	2,653	108,810	SH		SOLE		0	0	108,810
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	256	4,728	SH		SOLE		0	0	4,728
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	794	19,152	SH		SOLE		0	0	19,152
SILVER WHEATON CORP	COM	828336107	271	15,620	SH		SOLE		0	0	15,620
SINCLAIR BROADCAST GROUP INC	CL A	829226109	719	25,771	SH		SOLE		0	0	25,771
SKYWORKS SOLUTIONS INC	COM	83088M102	292	2,805	SH		SOLE		0	0	2,805
SMART TECHNOLOGIES INC	COM SHS	83172R108	10	10,000	SH		SOLE		0	0	10,000
SMUCKER J M CO	COM NEW	832696405	668	6,166	SH		SOLE		0	0	6,166
SNAP ON INC	COM	833034101	370	2,326	SH		SOLE		0	0	2,326
SOUTH JERSEY INDS INC	COM	838518108	495	20,003	SH		SOLE		0	0	20,003
SOUTHERN CO	COM	842587107	545	13,004	SH		SOLE		0	0	13,004
SPECTRA ENERGY CORP	COM	847560109	510	15,645	SH		SOLE		0	0	15,645
SPEED COMM INC	COM	84764T106	24	87,306	SH		SOLE		0	0	87,306
SPIRIT RLTY CAP INC NEW	COM	84860W102	1,843	190,594	SH		SOLE		0	0	190,594
STARBUCKS CORP	COM	855244109	827	15,425	SH		SOLE		0	0	15,425
STATE STR CORP	COM	857477103	895	11,621	SH		SOLE		0	0	11,621
STELLUS CAP INVT CORP	COM	858568108	765	67,064	SH		SOLE		0	0	67,064
STONEMOR PARTNERS L P	COM UNITS	86183Q100	473	15,700	SH		SOLE		0	0	15,700
SUMMIT HOTEL PPTYS	COM	866082100	274	21,072	SH		SOLE		0	0	21,072
SYSCO CORP	COM	871829107	597	16,539	SH		SOLE		0	0	16,539
TECO ENERGY INC	COM	872375100	341	19,330	SH		SOLE		0	0	19,330
TCP CAP CORP	COM	87238Q103	557	36,455	SH		SOLE		0	0	36,455
TPG SPECIALTY LENDING INC	COM	87265K102	222	13,070	SH		SOLE		0	0	13,070
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	283	12,478	SH		SOLE		0	0	12,478
TARGA RESOURCES PARTNERS LP	COM UNIT	87611X105	876	22,686	SH		SOLE		0	0	22,686
TARGET CORP	COM	87612E106	389	4,772	SH		SOLE		0	0	4,772
TEMPLETON GLOBAL INCOME FD	COM	880198106	80	11,427	SH		SOLE		0	0	11,427
TEMPLETON RUS AND EAST EUR F	COM	88022F105	135	13,420	SH		SOLE		0	0	13,420
TESORO CORP	COM	881609101	448	5,311	SH		SOLE		0	0	5,311
TESLA MTRS INC	COM	88160R101	269	1,004	SH		SOLE		0	0	1,004
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	674	11,410	SH		SOLE		0	0	11,410
THERMO FISHER SCIENTIFIC INC	COM	883556102	387	2,983	SH		SOLE		0	0	2,983
3M CO	COM	88579Y101	3,925	25,437	SH		SOLE		0	0	25,437
TIME WARNER INC	COM NEW	887317303	247	2,824	SH		SOLE		0	0	2,824
TORONTO DOMINION BK ONT	COM NEW	891160509	354	8,320	SH		SOLE		0	0	8,320
TOTAL S A	SPONSORED ADR	89151E109	507	10,313	SH		SOLE		0	0	10,313
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	224	1,676	SH		SOLE		0	0	1,676
TRIANGLE CAP CORP	COM	895848109	2,410	102,810	SH		SOLE		0	0	102,810
TRINITY INDS INC	COM	896522109	398	15,054	SH		SOLE		0	0	15,054
TUPPERWARE BRANDS CORP	COM	899896104	2,435	37,721	SH		SOLE		0	0	37,721
TURKISH INVT FD INC	COM	900145103	99	10,000	SH		SOLE		0	0	10,000
TURQUOISE HILL RES LTD	COM	900435108	1,471	388,153	SH		SOLE		0	0	388,153
TURTLE BEACH CORP	COM	900450107	132	58,000	SH		SOLE		0	0	58,000
TWITTER INC	COM	90184L102	833	23,012	SH		SOLE		0	0	23,012
TWO HBRS INVT CORP	COM	90187B101	161	16,480	SH		SOLE		0	0	16,480
TYSON FOODS INC	CL A	902494103	352	8,252	SH		SOLE		0	0	8,252
UBS AG JERSEY BRH	EXCH SEC LKD41	902641588	774	34,688	SH		SOLE		0	0	34,688
US BANCORP DEL	COM NEW	902973304	1,008	23,226	SH		SOLE		0	0	23,226
UNDER ARMOUR INC	CL A	904311107	317	3,800	SH		SOLE		0	0	3,800
UNILEVER PLC	SPON ADR NEW	904767704	487	11,347	SH		SOLE		0	0	11,347
UNION PAC CORP	COM	907818108	1,889	19,812	SH		SOLE		0	0	19,812
UNITED DEV FDG IV	COM	910187103	20,402	1,167,156	SH		SOLE		0	0	1,167,156
UNITED PARCEL SERVICE INC	CL B	911312106	3,065	31,624	SH		SOLE		0	0	31,624
UNITED TECHNOLOGIES CORP	COM	913017109	412	3,712	SH		SOLE		0	0	3,712
UNITED THERAPEUTICS CORP DEL	COM	91307C102	724	4,160	SH		SOLE		0	0	4,160
UNITEDHEALTH GROUP INC	COM	91324P102	623	5,108	SH		SOLE		0	0	5,108
VALERO ENERGY CORP NEW	COM	91913Y100	876	13,987	SH		SOLE		0	0	13,987
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	1,129	14,362	SH		SOLE		0	0	14,362
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	1,143	19,085	SH		SOLE		0	0	19,085
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	1,366	16,292	SH		SOLE		0	0	16,292
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	2,048	25,534	SH		SOLE		0	0	25,534
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	6,520	80,238	SH		SOLE		0	0	80,238
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	4,441	111,996	SH		SOLE		0	0	111,996
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	414	6,157	SH		SOLE		0	0	6,157
VANGUARD WHITEHALL FDS INC	EMERG MKT BD ETF	921946885	239	3,100	SH		SOLE		0	0	3,100
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	3,225	66,243	SH		SOLE		0	0	66,243
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	985	16,008	SH		SOLE		0	0	16,008
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	4,345	89,498	SH		SOLE		0	0	89,498
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	8,087	197,821	SH		SOLE		0	0	197,821
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	7,546	139,791	SH		SOLE		0	0	139,791
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	1,048	8,393	SH		SOLE		0	0	8,393
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	298	5,995	SH		SOLE		0	0	5,995
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	2,619	18,711	SH		SOLE		0	0	18,711
VANGUARD WORLD FDS	UTILITIES ETF	92204A876	442	4,918	SH		SOLE		0	0	4,918
VANGUARD WORLD FDS	TELCOMM ETF	92204A884	220	2,536	SH		SOLE		0	0	2,536
VANGUARD NAT RES LLC	COM UNIT	92205F106	206	13,775	SH		SOLE		0	0	13,775
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	308	1,634	SH		SOLE		0	0	1,634
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	2,659	29,364	SH		SOLE		0	0	29,364
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	6,872	64,480	SH		SOLE		0	0	64,480
VANGUARD INDEX FDS	REIT ETF	922908553	3,563	47,708	SH		SOLE		0	0	47,708
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	998	7,433	SH		SOLE		0	0	7,433
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	1,479	13,716	SH		SOLE		0	0	13,716
VANGUARD INDEX FDS	MID CAP ETF	922908629	1,161	9,110	SH		SOLE		0	0	9,110
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,288	13,586	SH		SOLE		0	0	13,586
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	1,305	14,191	SH		SOLE		0	0	14,191
VANGUARD INDEX FDS	GROWTH ETF	922908736	5,946	55,540	SH		SOLE		0	0	55,540
VANGUARD INDEX FDS	VALUE ETF	922908744	3,985	47,805	SH		SOLE		0	0	47,805
VANGUARD INDEX FDS	SMALL CP ETF	922908751	9,119	75,069	SH		SOLE		0	0	75,069
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	26,599	248,539	SH		SOLE		0	0	248,539
VERIZON COMMUNICATIONS INC	COM	92343V104	5,724	122,808	SH		SOLE		0	0	122,808
VISA INC	COM CL A	92826C839	291	4,334	SH		SOLE		0	0	4,334
VODAFONE GROUP PLC NEW	SPNSR ADR NO PAR	92857W308	861	23,617	SH		SOLE		0	0	23,617
WADDELL & REED FINL INC	CL A	930059100	473	10,000	SH		SOLE		0	0	10,000
WAL-MART STORES INC	COM	931142103	2,520	35,526	SH		SOLE		0	0	35,526
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,651	31,392	SH		SOLE		0	0	31,392
WASTE MGMT INC DEL	COM	94106L109	476	10,268	SH		SOLE		0	0	10,268
WELLS FARGO & CO NEW	COM	949746101	6,510	115,761	SH		SOLE		0	0	115,761
WESTERN ASSET EMRG MKT INCM	COM	95766E103	364	33,940	SH		SOLE		0	0	33,940
WESTERN UN CO	COM	959802109	276	13,576	SH		SOLE		0	0	13,576
WEYERHAEUSER CO	COM	962166104	329	10,445	SH		SOLE		0	0	10,445
WHITESTONE REIT	COM	966084204	254	19,485	SH		SOLE		0	0	19,485
WILLIAMS COS INC DEL	COM	969457100	547	9,538	SH		SOLE		0	0	9,538
WINNEBAGO INDS INC	COM	974637100	434	18,380	SH		SOLE		0	0	18,380
WISDOMTREE TR	FUTRE STRAT FD	97717W125	1,761	41,261	SH		SOLE		0	0	41,261
WISDOMTREE TR	EMG MKTS SMCAP	97717W281	1,687	38,880	SH		SOLE		0	0	38,880
WISDOMTREE TR	EMERG MKTS ETF	97717W315	563	12,964	SH		SOLE		0	0	12,964
WISDOMTREE TR	DIV EX-FINL FD	97717W406	971	13,200	SH		SOLE		0	0	13,200
WISDOMTREE TR	MIDCAP DIVI FD	97717W505	2,210	26,737	SH		SOLE		0	0	26,737
WISDOMTREE TR	SMLCAP EARN FD	97717W562	539	6,370	SH		SOLE		0	0	6,370
WISDOMTREE TR	SMALLCAP DIVID	97717W604	1,430	20,299	SH		SOLE		0	0	20,299
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	6,239	109,071	SH		SOLE		0	0	109,071
WORKDAY INC	CL A	98138H101	383	5,018	SH		SOLE		0	0	5,018
XCEL ENERGY INC	COM	98389B100	346	10,766	SH		SOLE		0	0	10,766
XENIA HOTELS & RESORTS INC	COM	984017103	3,136	144,241	SH		SOLE		0	0	144,241
YAHOO INC	COM	984332106	291	7,419	SH		SOLE		0	0	7,419
YELP INC	CL A	985817105	299	6,950	SH		SOLE		0	0	6,950
YUM BRANDS INC	COM	988498101	651	7,224	SH		SOLE		0	0	7,224
ALLERGAN PLC	SHS	G0177J108	998	3,288	SH		SOLE		0	0	3,288
LAZARD LTD	SHS A	G54050102	236	4,200	SH		SOLE		0	0	4,200
MALLINCKRODT PUB LTD CO	SHS	G5785G107	402	3,411	SH		SOLE		0	0	3,411
MEDTRONIC PLC	SHS	G5960L103	1,401	18,913	SH		SOLE		0	0	18,913
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	213	4,486	SH		SOLE		0	0	4,486
PERRIGO CO PLC	SHS	G97822103	575	3,109	SH		SOLE		0	0	3,109
STRATASYS LTD	SHS	M85548101	405	11,595	SH		SOLE		0	0	11,595
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,208	11,668	SH		SOLE		0	0	11,668
NXP SEMICONDUCTORS N V	COM	N6596X109	337	3,436	SH		SOLE		0	0	3,436
TEEKAY TANKERS LTD	CL A	Y8565N102	69	10,500	SH		SOLE		0	0	10,500

Check here if Amendment:	☐ Amendment Number:
This Amendment (Check only one.):	☐ is a restatement. ☐ adds new holdings entries.

Name:	VSR Financial Services, Inc.
Address:	8620 W 110TH ST

	OVERLAND PARK, KS 66210
Form 13F File Number:	028-13344

Name:	Chris Cokinis
Title:	CCO
Phone:	913-234-8390

Number of Other Included Managers:	0
Form 13F Information table Entry Total:	591
Form 13F Information table Value Total:	943837 (thousands)

Institutional Investment Manager Filing this Report:

Signature, Place, and Date of Signing:

Report Type (Check only one.):

Form 13F Summary Page

Report Summary:

List of Other Included Managers: