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
ABBVIE INC COM 00287Y109 7,759 115,480 SH   DFND 1 0 115,480 0
AMAZON COM INC COM 023135106 291 672 SH   DFND 1 0 672 0
AMERICAN INTL GROUP INC COM NEW 026874784 671 10,857 SH   DFND 1 0 10,857 0
APPLE INC COM 037833100 5,754 45,875 SH   DFND 1 0 45,875 0
ARES CAP CORP COM 04010L103 256 15,560 SH   DFND 1 0 15,560 0
ARMOUR RESIDENTIAL REIT INC COM 042315101 98 35,000 SH   DFND 1 0 35,000 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 69 11,000 SH   DFND 1 0 11,000 0
BANK AMER CORP COM 060505104 475 27,925 SH   DFND 1 0 27,925 0
BGC PARTNERS INC CL A 05541T101 1,486 169,818 SH   DFND 1 0 169,818 0
BOEING CO COM 097023105 289 2,083 SH   DFND 1 0 2,083 0
CALUMET SPECIALTY PRODS PTNR UT LTD PARTNER 131476103 204 8,000 SH   DFND 1 0 8,000 0
CHEVRON CORP NEW COM 166764100 221 2,291 SH   DFND 1 0 2,291 0
CORNERSTONE STRATEGIC VALUE COM PAR $0.001 21924B302 202 9,650 SH   DFND 1 0 9,650 0
CUMMINS INC COM 231021106 295 2,250 SH   DFND 1 0 2,250 0
CVR PARTNERS LP COM 126633106 328 26,000 SH   DFND 1 0 26,000 0
ENTERPRISE PRODS PARTNERS L COM 293792107 228 7,620 SH   DFND 1 0 7,620 0
EXXON MOBIL CORP COM 30231G102 217 2,611 SH   DFND 1 0 2,611 0
FACEBOOK INC CL A 30303M102 2,899 33,800 SH   DFND 1 0 33,800 0
FIRST TR EXCHANGE TRADED FD NO AMER ENERGY 33738D101 1,613 63,590 SH   DFND 1 0 63,590 0
GENERAL ELECTRIC CO COM 369604103 325 12,215 SH   DFND 1 0 12,214 0
GILEAD SCIENCES INC COM 375558103 1,122 9,502 SH   DFND 1 0 9,502 0
GOLDMAN SACHS GROUP INC COM 38141G104 223 1,066 SH   DFND 1 0 1,066 0
GOOGLE INC CL A 38259P508 359 665 SH   DFND 1 0 665 0
GOOGLE INC CL C 38259P706 361 694 SH   DFND 1 0 694 0
INTEL CORP COM 458140100 504 16,576 SH   DFND 1 0 16,575 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 368 1,525 SH   DFND 1 0 1,525 0
ISHARES JP MOR EM MK ETF 464288281 1,212 11,026 SH   DFND 1 0 11,026 0
ISHARES NAT AMT FREE BD 464288414 1,053 9,735 SH   DFND 1 0 9,735 0
ISHARES GOLD TRUST ISHARES 464285105 1,424 125,547 SH   DFND 1 0 125,547 0
ISHARES TR TIPS BD ETF 464287176 11,146 99,472 SH   DFND 1 0 99,472 0
ISHARES TR CORE US AGGBD ET 464287226 313 2,878 SH   DFND 1 0 2,878 0
ISHARES TR MSCI EMG MKT ETF 464287234 5,094 128,570 SH   DFND 1 0 128,569 0
ISHARES TR MSCI EAFE ETF 464287465 29,079 458,004 SH   DFND 1 0 458,004 0
ISHARES TR RUS 1000 VAL ETF 464287598 239 2,319 SH   DFND 1 0 2,319 0
ISHARES TR RUS 1000 ETF 464287622 743 6,400 SH   DFND 1 0 6,400 0
ISHARES TR RUSSELL 2000 ETF 464287655 2,817 22,559 SH   DFND 1 0 22,559 0
ISHARES TR U.S. REAL ES ETF 464287739 425 5,962 SH   DFND 1 0 5,962 0
JOHNSON & JOHNSON COM 478160104 230 2,362 SH   DFND 1 0 2,361 0
JPMORGAN CHASE & CO COM 46625H100 481 7,105 SH   DFND 1 0 7,105 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1,470 37,111 SH   DFND 1 0 37,111 0
KINDER MORGAN INC DEL COM 49456B101 229 5,946 SH   DFND 1 0 5,945 0
LILLY ELI & CO COM 532457108 231 2,765 SH   DFND 1 0 2,765 0
LO-JACK CORP COM 539451104 66 19,110 SH   DFND 1 0 19,110 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1,851 104,201 SH   DFND 1 0 104,201 0
MERCK & CO INC NEW COM 58933Y105 327 5,737 SH   DFND 1 0 5,736 0
MERGE HEALTHCARE INC COM 589499102 48 10,081 SH   DFND 1 0 10,081 0
MICROSOFT CORP COM 594918104 1,448 32,767 SH   DFND 1 0 32,767 0
NVIDIA CORP COM 67066G104 979 48,700 SH   DFND 1 0 48,700 0
ORACLE CORP COM 68389X105 2,511 62,310 SH   DFND 1 0 62,310 0
ORCHID IS CAP INC COM 68571X103 280 25,000 SH   DFND 1 0 25,000 0
PACIFIC ETHANOL INC COM PAR $.001 69423U305 206 20,000 SH   DFND 1 0 20,000 0
PIMCO CALIF MUN INCOME FD II COM 72200M108 116 12,354 SH   DFND 1 0 12,354 0
PIMCO ETF TR TTL RTN ACTV ETF 72201R775 1,092 10,205 SH   DFND 1 0 10,205 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,700 61,975 SH   DFND 1 0 61,975 0
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 231 8,324 SH   DFND 1 0 8,324 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 374 3,489 SH   DFND 1 0 3,488 0
PRICELINE GRP INC COM NEW 741503403 869 755 SH   DFND 1 0 755 0
PROCTER & GAMBLE CO COM 742718109 3,308 42,275 SH   DFND 1 0 42,275 0
PROOFPOINT INC COM 743424103 891 14,000 SH   DFND 1 0 14,000 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 498 10,000 SH   DFND 1 0 10,000 0
SALESFORCE COM INC COM 79466L302 7,255 104,200 SH   DFND 1 0 104,200 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2,308 30,704 SH   DFND 1 0 30,704 0
SPDR GOLD TRUST GOLD SHS 78463V107 877 7,801 SH   DFND 1 0 7,801 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 31,229 151,706 SH   DFND 1 0 151,706 0
SPDR SERIES TRUST BARCLYS TIPS ETF 78464A656 2,175 39,030 SH   DFND 1 0 39,030 0
TESLA MTRS INC COM 88160R101 266 990 SH   DFND 1 0 990 0
TRANSOCEAN LTD REG SHS H8817H100 823 51,050 SH   DFND 1 0 51,050 0
US BANCORP DEL COM NEW 902973304 700 16,118 SH   DFND 1 0 16,118 0
VAALCO ENERGY INC COM NEW 91851C201 29 13,500 SH   DFND 1 0 13,500 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 1,837 9,728 SH   DFND 1 0 9,728 0
VANGUARD INDEX FDS VALUE ETF 922908744 276 3,315 SH   DFND 1 0 3,315 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 215 1,772 SH   DFND 1 0 1,772 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 565 5,259 SH   DFND 1 0 5,259 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 4,032 83,052 SH   DFND 1 0 83,052 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,962 47,981 SH   DFND 1 0 47,981 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 236 2,965 SH   DFND 1 0 2,965 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 1,265 31,878 SH   DFND 1 0 31,878 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 242 3,521 SH   DFND 1 0 3,521 0
VONAGE HLDGS CORP COM 92886T201 57 11,650 SH   DFND 1 0 11,650 0
WELLS FARGO & CO NEW COM 949746101 337 6,000 SH   DFND 1 0 6,000 0
WESTMORELAND COAL CO COM 960878106 2,240 107,782 SH   DFND 1 0 107,782 0