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 1,659 11,579 SH   SOLE 0 11,579 0 0
ABERDEEN ASIA PACIFIC INCOM COM 003009107 72 11,500 SH   SOLE 0 11,500 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 760 25,412 SH   SOLE 0 25,412 0 0
ACE LTD SHS H0023R105 870 8,394 SH   SOLE 0 8,394 0 0
ADOBE SYS INC COM 00724F101 382 5,273 SH   SOLE 0 5,273 0 0
AMGEN INC COM 031162100 983 8,301 SH   SOLE 0 7,901 0 400
ANNALY CAP MGMT INC COM 035710409 2,123 185,703 SH   SOLE 0 181,303 0 4,400
APPLE INC COM 037833100 1,445 15,547 SH   SOLE 0 14,147 0 1,400
ARCBEST CORP COM 03937C105 605 13,910 SH   SOLE 0 13,910 0 0
AT&T INC COM 00206R102 3,355 94,872 SH   SOLE 0 92,508 0 2,364
AUTOMATIC DATA PROCESSING IN COM 053015103 498 6,283 SH   SOLE 0 6,283 0 0
BAKER HUGHES INC COM 057224107 323 4,334 SH   SOLE 0 3,334 0 1,000
BANK OF AMERICA CORPORATION COM 060505104 1,002 65,171 SH   SOLE 0 65,071 0 100
BARNES GROUP INC COM 067806109 301 7,800 SH   SOLE 0 7,800 0 0
BLACKROCK BUILD AMER BD TR SHS 09248X100 794 36,600 SH   SOLE 0 36,600 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 564 38,000 SH   SOLE 0 38,000 0 0
BP PLC SPONSORED ADR 055622104 2,239 42,440 SH   SOLE 0 42,140 0 300
CABELAS INC COM 126804301 3,351 53,705 SH   SOLE 0 53,705 0 0
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 308 20,800 SH   SOLE 0 20,800 0 0
CANON INC SPONSORED ADR 138006309 588 17,950 SH   SOLE 0 17,950 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 776 85,200 SH   SOLE 0 85,200 0 0
CBRE GROUP INC CL A 12504L109 1,012 31,600 SH   SOLE 0 31,600 0 0
CENOVUS ENERGY INC COM 15135U109 473 14,611 SH   SOLE 0 14,611 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 983 33,544 SH   SOLE 0 33,544 0 0
CHESAPEAKE ENERGY CORP PFD CONV 165167842 378 3,875 SH   SOLE 0 3,875 0 0
CHEVRON CORP NEW COM 166764100 7,472 57,238 SH   SOLE 0 57,238 0 0
CIMAREX ENERGY CO COM 171798101 875 6,100 SH   SOLE 0 6,100 0 0
CISCO SYS INC COM 17275R102 522 21,018 SH   SOLE 0 20,977 0 41
CITIGROUP INC COM NEW 172967101 1,182 25,086 SH   SOLE 0 24,786 0 300
CLAYMORE EXCHANGE TRD FD TR GUGG S&P GBL WTR 18383Q507 395 13,100 SH   SOLE 0 13,100 0 0
COACH INC COM 189754104 285 8,326 SH   SOLE 0 8,326 0 0
COCA COLA CO COM 191216100 319 7,536 SH   SOLE 0 6,136 0 1,400
COHEN & STEERS INFRASTRUCTUR COM 19248A109 1,523 62,201 SH   SOLE 0 60,201 0 2,000
COHEN & STEERS TOTAL RETURN COM 19247R103 127 10,208 SH   SOLE 0 4,068 0 6,140
COMCAST CORP NEW CL A 20030N101 1,859 34,624 SH   SOLE 0 32,824 0 1,800
COVANTA HLDG CORP COM 22282E102 404 19,600 SH   SOLE 0 19,600 0 0
COVIDIEN PLC SHS G2554F113 487 5,400 SH   SOLE 0 5,400 0 0
CURIS INC COM 231269101 19 10,000 SH   SOLE 0 10,000 0 0
CVS CAREMARK CORPORATION COM 126650100 711 9,437 SH   SOLE 0 9,437 0 0
DOW CHEM CO COM 260543103 342 6,637 SH   SOLE 0 6,637 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,289 19,694 SH   SOLE 0 19,694 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 295 3,982 SH   SOLE 0 3,982 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A119 85 27,500 SH   SOLE 0 27,500 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 586 85,986 SH   SOLE 0 85,986 0 0
EMERSON ELEC CO COM 291011104 621 9,358 SH   SOLE 0 9,358 0 0
ENCANA CORP COM 292505104 234 9,853 SH   SOLE 0 9,853 0 0
ENERPLUS CORP COM 292766102 880 34,950 SH   SOLE 0 34,950 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 275 3,515 SH   SOLE 0 3,515 0 0
EQT CORP COM 26884L109 547 5,115 SH   SOLE 0 5,115 0 0
ESSEX PPTY TR INC COM 297178105 236 1,274 SH   SOLE 0 1,274 0 0
EXXON MOBIL CORP COM 30231G102 1,834 18,216 SH   SOLE 0 18,216 0 0
FEDEX CORP COM 31428X106 1,060 7,005 SH   SOLE 0 7,005 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,281 35,098 SH   SOLE 0 33,430 0 1,668
FRONTIER COMMUNICATIONS CORP COM 35906A108 269 46,108 SH   SOLE 0 45,808 0 300
GANNETT INC COM 364730101 279 8,900 SH   SOLE 0 8,300 0 600
GENERAL ELECTRIC CO COM 369604103 1,770 67,334 SH   SOLE 0 67,334 0 0
GENUINE PARTS CO COM 372460105 1,537 17,510 SH   SOLE 0 17,510 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 373 6,200 SH   SOLE 0 6,200 0 0
GOLUB CAP BDC INC COM 38173M102 308 17,400 SH   SOLE 0 17,400 0 0
H & Q LIFE SCIENCES INVS SH BEN INT 404053100 299 14,413 SH   SOLE 0 14,413 0 0
HEWLETT PACKARD CO COM 428236103 723 21,474 SH   SOLE 0 20,474 0 1,000
HOME DEPOT INC COM 437076102 1,324 16,348 SH   SOLE 0 16,348 0 0
HONEYWELL INTL INC COM 438516106 743 7,991 SH   SOLE 0 7,991 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 277 9,100 SH   SOLE 0 9,100 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 377 7,427 SH   SOLE 0 7,427 0 0
INTEL CORP COM 458140100 2,790 90,296 SH   SOLE 0 84,676 0 5,620
INTERNATIONAL BUSINESS MACHS COM 459200101 1,305 7,201 SH   SOLE 0 7,201 0 0
INVESCO SR INCOME TR COM 46131H107 1,302 259,916 SH   SOLE 0 259,916 0 0
ISHARES MSCI CDA ETF 464286509 515 16,000 SH   SOLE 0 16,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 1,076 68,075 SH   SOLE 0 68,075 0 0
ISHARES MSCI GERMANY ETF 464286806 1,006 32,175 SH   SOLE 0 32,175 0 0
ISHARES MSCI JAPAN ETF 464286848 679 56,378 SH   SOLE 0 56,378 0 0
ISHARES GLOB TELECOM ETF 464287275 493 7,825 SH   SOLE 0 7,825 0 0
ISHARES GLOB HLTHCRE ETF 464287325 682 7,230 SH   SOLE 0 7,230 0 0
ISHARES 1-3 YR TR BD ETF 464287457 504 5,956 SH   SOLE 0 5,956 0 0
ISHARES CORE S&P MCP ETF 464287507 240 1,680 SH   SOLE 0 1,680 0 0
ISHARES N AMER TECH ETF 464287549 918 9,640 SH   SOLE 0 9,415 0 225
ISHARES 1-3 YR CR BD ETF 464288646 1,674 15,840 SH   SOLE 0 15,840 0 0
JOHNSON & JOHNSON COM 478160104 3,079 29,432 SH   SOLE 0 29,432 0 0
KIMBERLY CLARK CORP COM 494368103 339 3,049 SH   SOLE 0 3,049 0 0
KINDER MORGAN INC DEL COM 49456B101 952 26,261 SH   SOLE 0 26,008 0 253
KINDER MORGAN INC DEL W EXP 05/25/201 49456B119 99 35,776 SH   SOLE 0 35,392 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 422 7,042 SH   SOLE 0 6,709 0 333
L-3 COMMUNICATIONS HLDGS INC COM 502424104 531 4,400 SH   SOLE 0 4,400 0 0
MACYS INC COM 55616P104 856 14,754 SH   SOLE 0 14,754 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 100 47,102 SH   SOLE 0 47,102 0 0
MARKET VECTORS ETF TR HG YLD MUN ETF 57060U878 552 18,317 SH   SOLE 0 18,317 0 0
MERCK & CO INC NEW COM 58933Y105 320 5,531 SH   SOLE 0 5,531 0 0
METLIFE INC COM 59156R108 1,838 33,082 SH   SOLE 0 33,082 0 0
MICROSOFT CORP COM 594918104 994 23,835 SH   SOLE 0 23,715 0 120
MOLSON COORS BREWING CO CL B 60871R209 3,108 41,911 SH   SOLE 0 41,661 0 250
MONDELEZ INTL INC CL A 609207105 367 9,754 SH   SOLE 0 8,754 0 1,000
NEW IRELAND FUND INC COM 645673104 268 19,671 SH   SOLE 0 19,671 0 0
NEWELL RUBBERMAID INC COM 651229106 324 10,469 SH   SOLE 0 8,969 0 1,500
NEXTERA ENERGY INC COM 65339F101 336 3,274 SH   SOLE 0 2,574 0 700
NORFOLK SOUTHERN CORP COM 655844108 2,734 26,540 SH   SOLE 0 26,540 0 0
NOVO-NORDISK A S ADR 670100205 705 15,265 SH   SOLE 0 15,265 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 722 74,450 SH   SOLE 0 74,450 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 755 20,489 SH   SOLE 0 20,489 0 0
ORACLE CORP COM 68389X105 487 12,024 SH   SOLE 0 12,024 0 0
PENN WEST PETE LTD NEW COM 707887105 219 22,400 SH   SOLE 0 22,400 0 0
PEPSICO INC COM 713448108 437 4,895 SH   SOLE 0 4,725 0 170
PFIZER INC COM 717081103 1,636 55,118 SH   SOLE 0 51,616 0 3,502
PIMCO ETF TR ENHAN SHRT MAT 72201R833 406 4,000 SH   SOLE 0 4,000 0 0
PIMCO INCOME STRATEGY FUND I COM 72201J104 242 21,900 SH   SOLE 0 21,900 0 0
PROCTER & GAMBLE CO COM 742718109 260 3,303 SH   SOLE 0 3,303 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 122 14,050 SH   SOLE 0 14,050 0 0
QUALCOMM INC COM 747525103 1,360 17,173 SH   SOLE 0 17,173 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 293 3,823 SH   SOLE 0 3,823 0 0
SCHLUMBERGER LTD COM 806857108 312 2,642 SH   SOLE 0 1,712 0 930
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2,013 40,558 SH   SOLE 0 40,558 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,278 21,017 SH   SOLE 0 21,017 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 894 20,200 SH   SOLE 0 20,200 0 0
SOUTHERN CO COM 842587107 225 4,952 SH   SOLE 0 4,952 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 295 1,759 SH   SOLE 0 1,759 0 0
SPDR INDEX SHS FDS RUSS NOM SC JP 78463X822 638 12,242 SH   SOLE 0 12,242 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,243 6,351 SH   SOLE 0 6,351 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 250 959 SH   SOLE 0 959 0 0
SPDR SERIES TRUST GLB DOW ETF 78464A706 515 7,132 SH   SOLE 0 7,132 0 0
SPECTRA ENERGY CORP COM 847560109 213 5,007 SH   SOLE 0 5,007 0 0
STRATEGIC GLOBAL INCOME FD COM 862719101 789 84,393 SH   SOLE 0 84,393 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 211 4,474 SH   SOLE 0 4,474 0 0
SWISS HELVETIA FD INC COM 870875101 481 33,036 SH   SOLE 0 31,768 0 1,268
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,605 121,792 SH   SOLE 0 121,792 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 176 21,342 SH   SOLE 0 21,342 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 506 13,100 SH   SOLE 0 13,100 0 0
THE ADT CORPORATION COM 00101J106 205 5,858 SH   SOLE 0 5,858 0 0
TIME WARNER CABLE INC COM 88732J207 662 4,492 SH   SOLE 0 4,492 0 0
TIME WARNER INC COM NEW 887317303 1,020 14,522 SH   SOLE 0 14,522 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,840 19,555 SH   SOLE 0 19,555 0 0
TYCO INTERNATIONAL LTD SHS H89128104 402 8,815 SH   SOLE 0 8,815 0 0
UNITED STATES STL CORP NEW COM 912909108 1,113 42,755 SH   SOLE 0 42,755 0 0
UNITED TECHNOLOGIES CORP COM 913017109 923 7,995 SH   SOLE 0 7,195 0 800
US BANCORP DEL COM NEW 902973304 298 6,874 SH   SOLE 0 6,874 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 366 4,163 SH   SOLE 0 4,163 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,259 46,160 SH   SOLE 0 44,855 0 1,305
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 2,005 60,034 SH   SOLE 0 59,634 0 400
WALGREEN CO COM 931422109 1,888 25,473 SH   SOLE 0 25,473 0 0
WAL-MART STORES INC COM 931142103 1,857 24,740 SH   SOLE 0 24,340 0 400
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 260 10,000 SH   SOLE 0 10,000 0 0
WELLS FARGO & CO NEW COM 949746101 606 11,524 SH   SOLE 0 10,624 0 900
WEYERHAEUSER CO COM 962166104 748 22,607 SH   SOLE 0 20,207 0 2,400
WINNEBAGO INDS INC COM 974637100 539 21,392 SH   SOLE 0 21,392 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 1,111 14,670 SH   SOLE 0 14,270 0 400
XL GROUP PLC SHS G98290102 278 8,500 SH   SOLE 0 8,500 0 0
ZIMMER HLDGS INC COM 98956P102 500 4,813 SH   SOLE 0 4,813 0 0