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
3M CO COM 88579Y101 1,704 12,029 SH   SOLE 0 12,029 0 0
ABERDEEN ASIA PACIFIC INCOM COM 003009107 68 11,500 SH   SOLE 0 11,500 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 716 26,194 SH   SOLE 0 26,194 0 0
ACE LTD SHS H0023R105 1,038 9,894 SH   SOLE 0 9,894 0 0
ADOBE SYS INC COM 00724F101 407 5,888 SH   SOLE 0 5,888 0 0
AMGEN INC COM 031162100 1,166 8,301 SH   SOLE 0 7,901 0 400
ANNALY CAP MGMT INC COM 035710409 2,068 193,653 SH   SOLE 0 188,403 0 5,250
APPLE INC COM 037833100 1,561 15,492 SH   SOLE 0 14,092 0 1,400
ARCBEST CORP COM 03937C105 519 13,910 SH   SOLE 0 13,910 0 0
AT&T INC COM 00206R102 3,440 97,620 SH   SOLE 0 95,256 0 2,364
AUTOMATIC DATA PROCESSING IN COM 053015103 522 6,283 SH   SOLE 0 6,283 0 0
BAKER HUGHES INC COM 057224107 282 4,334 SH   SOLE 0 3,334 0 1,000
BANK AMER CORP COM 060505104 1,171 68,677 SH   SOLE 0 68,577 0 100
BARNES GROUP INC COM 067806109 237 7,800 SH   SOLE 0 7,800 0 0
BLACKROCK BUILD AMER BD TR SHS 09248X100 811 38,600 SH   SOLE 0 38,600 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 551 38,000 SH   SOLE 0 38,000 0 0
BP PLC SPONSORED ADR 055622104 2,539 57,760 SH   SOLE 0 57,460 0 300
CABELAS INC COM 126804301 3,199 54,305 SH   SOLE 0 54,305 0 0
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 295 20,800 SH   SOLE 0 20,200 0 600
CANON INC SPONSORED ADR 138006309 570 17,500 SH   SOLE 0 17,500 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 714 85,200 SH   SOLE 0 85,200 0 0
CBRE GROUP INC CL A 12504L109 984 33,100 SH   SOLE 0 33,100 0 0
CENOVUS ENERGY INC COM 15135U109 393 14,611 SH   SOLE 0 14,611 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 806 32,449 SH   SOLE 0 32,449 0 0
CHESAPEAKE ENERGY CORP PFD CONV 165167842 305 3,175 SH   SOLE 0 3,175 0 0
CHEVRON CORP NEW COM 166764100 6,830 57,238 SH   SOLE 0 57,238 0 0
CIMAREX ENERGY CO COM 171798101 772 6,100 SH   SOLE 0 6,100 0 0
CISCO SYS INC COM 17275R102 539 21,418 SH   SOLE 0 21,377 0 41
CITIGROUP INC COM NEW 172967424 1,326 25,586 SH   SOLE 0 25,286 0 300
CLAYMORE EXCHANGE TRD FD TR GUGG S&P GBL WTR 18383Q507 364 13,200 SH   SOLE 0 13,200 0 0
COACH INC COM 189754104 296 8,326 SH   SOLE 0 8,326 0 0
COCA COLA CO COM 191216100 321 7,536 SH   SOLE 0 6,136 0 1,400
COHEN & STEERS INFRASTRUCTUR COM 19248A109 1,428 61,701 SH   SOLE 0 59,701 0 2,000
COHEN & STEERS TOTAL RETURN COM 19247R103 123 10,331 SH   SOLE 0 4,068 0 6,263
COMCAST CORP NEW CL A 20030N101 1,931 35,899 SH   SOLE 0 34,099 0 1,800
COVANTA HLDG CORP COM 22282E102 416 19,600 SH   SOLE 0 19,600 0 0
COVIDIEN PLC SHS G2554F113 484 5,595 SH   SOLE 0 5,595 0 0
CURIS INC COM 231269101 14 10,000 SH   SOLE 0 10,000 0 0
CVS HEALTH CORP COM 126650100 762 9,575 SH   SOLE 0 9,575 0 0
DOW CHEM CO COM 260543103 348 6,637 SH   SOLE 0 6,637 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,420 19,794 SH   SOLE 0 19,794 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 298 3,982 SH   SOLE 0 3,982 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A119 33 36,000 SH   SOLE 0 36,000 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 606 93,157 SH   SOLE 0 76,900 0 16,257
ELLSWORTH FUND LTD COM 289074106 128 14,750 SH   SOLE 0 14,750 0 0
EMERSON ELEC CO COM 291011104 586 9,358 SH   SOLE 0 9,358 0 0
ENCANA CORP COM 292505104 209 9,853 SH   SOLE 0 9,853 0 0
ENERPLUS CORP COM 292766102 667 35,150 SH   SOLE 0 35,150 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 283 7,030 SH   SOLE 0 7,030 0 0
EQT CORP COM 26884L109 468 5,115 SH   SOLE 0 5,115 0 0
ESSEX PPTY TR INC COM 297178105 228 1,274 SH   SOLE 0 1,274 0 0
EXXON MOBIL CORP COM 30231G102 1,814 19,291 SH   SOLE 0 19,291 0 0
FEDEX CORP COM 31428X106 1,143 7,080 SH   SOLE 0 7,080 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,148 35,158 SH   SOLE 0 33,490 0 1,668
FRONTIER COMMUNICATIONS CORP COM 35906A108 307 47,108 SH   SOLE 0 46,808 0 300
GANNETT INC COM 364730101 264 8,900 SH   SOLE 0 8,300 0 600
GENERAL ELECTRIC CO COM 369604103 1,908 74,487 SH   SOLE 0 74,487 0 0
GENUINE PARTS CO COM 372460105 1,536 17,510 SH   SOLE 0 17,510 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 412 6,200 SH   SOLE 0 6,200 0 0
GOLUB CAP BDC INC COM 38173M102 474 29,700 SH   SOLE 0 29,700 0 0
H & Q LIFE SCIENCES INVS SH BEN INT 404053100 287 12,995 SH   SOLE 0 12,995 0 0
HEWLETT PACKARD CO COM 428236103 762 21,474 SH   SOLE 0 20,474 0 1,000
HOME DEPOT INC COM 437076102 1,507 16,423 SH   SOLE 0 16,423 0 0
HONEYWELL INTL INC COM 438516106 744 7,991 SH   SOLE 0 7,991 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 231 8,600 SH   SOLE 0 8,600 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 385 7,566 SH   SOLE 0 7,566 0 0
INTEL CORP COM 458140100 3,358 96,446 SH   SOLE 0 90,826 0 5,620
INTERNATIONAL BUSINESS MACHS COM 459200101 1,397 7,361 SH   SOLE 0 7,361 0 0
INVESCO SR INCOME TR COM 46131H107 1,267 266,743 SH   SOLE 0 260,743 0 6,000
ISHARES 1-3 YR CR BD ETF 464288646 1,668 15,840 SH   SOLE 0 15,840 0 0
ISHARES MSCI CDA ETF 464286509 482 15,700 SH   SOLE 0 15,700 0 0
ISHARES MSCI GERMANY ETF 464286806 922 33,275 SH   SOLE 0 33,275 0 0
ISHARES MSCI JAPAN ETF 464286848 692 58,800 SH   SOLE 0 58,800 0 0
ISHARES MSCI TAIWAN ETF 464286731 1,034 67,725 SH   SOLE 0 67,725 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 503 5,956 SH   SOLE 0 5,956 0 0
ISHARES TR GLOB HLTHCRE ETF 464287325 723 7,405 SH   SOLE 0 7,405 0 0
ISHARES TR N AMER TECH ETF 464287549 944 9,640 SH   SOLE 0 9,415 0 225
ISHARES TR CORE S&P MCP ETF 464287507 230 1,680 SH   SOLE 0 1,680 0 0
ISHARES TR GLOB TELECOM ETF 464287275 511 8,125 SH   SOLE 0 8,125 0 0
JOHNSON & JOHNSON COM 478160104 3,244 30,432 SH   SOLE 0 30,432 0 0
KIMBERLY CLARK CORP COM 494368103 336 3,124 SH   SOLE 0 3,124 0 0
KINDER MORGAN INC DEL COM 49456B101 1,019 26,566 SH   SOLE 0 26,313 0 253
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 140 38,400 SH   SOLE 0 38,016 0 384
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 231 7,289 SH   SOLE 0 7,289 0 0
KRAFT FOODS GROUP INC COM 50076Q106 407 7,208 SH   SOLE 0 6,875 0 333
L-3 COMMUNICATIONS HLDGS INC COM 502424104 529 4,450 SH   SOLE 0 4,450 0 0
MACYS INC COM 55616P104 858 14,754 SH   SOLE 0 14,754 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 94 47,102 SH   SOLE 0 47,102 0 0
MARKET VECTORS ETF TR HG YLD MUN ETF 57060U878 563 18,324 SH   SOLE 0 18,324 0 0
MERCK & CO INC NEW COM 58933Y105 387 6,531 SH   SOLE 0 6,531 0 0
METLIFE INC COM 59156R108 1,777 33,082 SH   SOLE 0 33,082 0 0
MICROSOFT CORP COM 594918104 1,209 26,085 SH   SOLE 0 25,965 0 120
MOLSON COORS BREWING CO CL B 60871R209 3,187 42,811 SH   SOLE 0 42,561 0 250
MONDELEZINTL INC CL A 609207105 351 10,254 SH   SOLE 0 9,254 0 1,000
NEW IRELAND FUND INC COM 645673104 357 28,171 SH   SOLE 0 28,171 0 0
NEWELL RUBBERMAID INC COM 651229106 366 10,644 SH   SOLE 0 9,144 0 1,500
NEXTERA ENERGY INC COM 65339F101 307 3,274 SH   SOLE 0 2,574 0 700
NORFOLK SOUTHERN CORP COM 655844108 3,026 27,115 SH   SOLE 0 27,115 0 0
NOVO-NORDISK A S ADR 670100205 708 14,865 SH   SOLE 0 14,865 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 705 76,650 SH   SOLE 0 76,650 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 704 20,589 SH   SOLE 0 20,589 0 0
ORACLE CORP COM 68389X105 460 12,024 SH   SOLE 0 12,024 0 0
PENN WEST PETE LTD NEW COM 707887105 150 22,200 SH   SOLE 0 22,200 0 0
PEPSICO INC COM 713448108 456 4,895 SH   SOLE 0 4,725 0 170
PFIZER INC COM 717081103 2,016 68,184 SH   SOLE 0 63,282 0 4,902
PHH CORP COM NEW 693320202 245 10,955 SH   SOLE 0 10,855 0 100
PIMCO ETF TR ENHAN SHRT MAT 72201R833 380 3,750 SH   SOLE 0 3,750 0 0
PIMCO INCOME STRATEGY FUND I COM 72201J104 220 20,900 SH   SOLE 0 20,900 0 0
PROCTER & GAMBLE CO COM 742718109 277 3,306 SH   SOLE 0 3,306 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 117 14,050 SH   SOLE 0 14,050 0 0
QUALCOMM INC COM 747525103 1,514 20,248 SH   SOLE 0 20,248 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 290 3,823 SH   SOLE 0 3,823 0 0
SCHLUMBERGER LTD COM 806857108 289 2,842 SH   SOLE 0 1,912 0 930
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,357 21,240 SH   SOLE 0 21,240 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,994 40,212 SH   SOLE 0 40,212 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 810 19,250 SH   SOLE 0 19,250 0 0
SOUTHERN CO COM 842587107 216 4,952 SH   SOLE 0 4,952 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 299 1,760 SH   SOLE 0 1,760 0 0
SPDR INDEX SHS FDS RUSS NOM SC JP 78463X822 633 12,642 SH   SOLE 0 12,642 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,333 6,766 SH   SOLE 0 6,766 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 253 1,014 SH   SOLE 0 1,014 0 0
SPDR SERIES TRUST GLB DOW ETF 78464A706 548 7,818 SH   SOLE 0 7,818 0 0
STRATEGIC GLOBAL INCOME FD COM 862719101 751 85,093 SH   SOLE 0 75,715 0 9,378
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 216 4,474 SH   SOLE 0 4,474 0 0
SWISS HELVETIA FD INC COM 870875101 456 33,681 SH   SOLE 0 32,397 0 1,284
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,566 127,151 SH   SOLE 0 127,151 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 170 21,342 SH   SOLE 0 21,342 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 408 13,100 SH   SOLE 0 13,100 0 0
THE ADT CORPORATION COM 00101J106 211 5,945 SH   SOLE 0 5,945 0 0
TIME WARNER CABLE INC COM 88732J207 664 4,625 SH   SOLE 0 4,625 0 0
TIME WARNER INC COM NEW 887317303 1,132 15,055 SH   SOLE 0 15,055 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,927 20,512 SH   SOLE 0 20,512 0 0
TYCO INTERNATIONAL LTD SHS H89128104 401 8,990 SH   SOLE 0 8,990 0 0
UNITED STATES STL CORP NEW COM 912909108 1,685 43,005 SH   SOLE 0 43,005 0 0
UNITED TECHNOLOGIES CORP COM 913017109 894 8,470 SH   SOLE 0 7,670 0 800
US BANCORP DEL COM NEW 902973304 288 6,874 SH   SOLE 0 6,874 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 350 4,013 SH   SOLE 0 4,013 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,338 46,775 SH   SOLE 0 45,470 0 1,305
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 2,023 61,496 SH   SOLE 0 61,096 0 400
WALGREEN CO COM 931422109 2,037 34,373 SH   SOLE 0 34,273 0 100
WAL-MART STORES INC COM 931142103 1,935 25,310 SH   SOLE 0 24,910 0 400
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 254 10,000 SH   SOLE 0 10,000 0 0
WELLS FARGO & CO NEW COM 949746101 676 13,024 SH   SOLE 0 12,124 0 900
WEYERHAEUSER CO COM 962166104 2,101 65,936 SH   SOLE 0 63,536 0 2,400
WINNEBAGO INDS INC COM 974637100 466 21,392 SH   SOLE 0 21,392 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 1,192 14,670 SH   SOLE 0 14,270 0 400
XL GROUP PLC SHS G98290102 282 8,500 SH   SOLE 0 8,500 0 0
ZIMMER HLDGS INC COM 98956P102 484 4,813 SH   SOLE 0 4,813 0 0