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 1,656 11,804 SH   SOLE 0 11,804 0 0
ABERDEEN ASIA PACIFIC INCOM COM 003009107 66 11,500 SH   SOLE 0 11,500 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 790 28,172 SH   SOLE 0 28,172 0 0
ACE LTD ORD H0023R105 978 9,450 SH   SOLE 0 9,450 0 0
AMGEN INC COM 031162100 999 8,760 SH   SOLE 0 8,760 0 0
ANNALY CAP MGMT INC COM 035710409 1,886 189,150 SH   SOLE 0 189,150 0 0
APPLE INC COM 037833100 1,713 3,054 SH   SOLE 0 2,854 0 200
ARKANSAS BEST CORP DEL COM 040790107 478 14,200 SH   SOLE 0 14,200 0 0
AT&T INC COM 00206R102 1,329 37,792 SH   SOLE 0 35,708 0 2,084
AUTOMATIC DATA PROCESSING IN COM 053015103 507 6,275 SH   SOLE 0 6,275 0 0
BAKER HUGHES INC COM 057224107 239 4,325 SH   SOLE 0 4,325 0 0
BANK OF AMERICA CORPORATION COM 060505104 1,055 67,757 SH   SOLE 0 67,657 0 100
BANK OF MARIN BANCORP COM 063425102 239 5,500 SH   SOLE 0 5,500 0 0
BARNES GROUP INC COM 067806109 299 7,800 SH   SOLE 0 7,800 0 0
BLACKROCK BUILD AMER BD TR SHS 09248X100 739 38,600 SH   SOLE 0 38,600 0 0
BLACKROCK CALIF MUN INCOME T SH BEN INT 09248E102 520 38,000 SH   SOLE 0 38,000 0 0
BP PLC ADR 055622104 2,233 45,940 SH   SOLE 0 45,562 0 378
BRE PROPERTIES INC CL A 05564E106 235 4,300 SH   SOLE 0 4,300 0 0
CABELAS INC COM 126804301 2,840 42,600 SH   SOLE 0 42,600 0 0
CALAMOS CONV & HIGH INCOME F COM SHS 12811P108 269 20,800 SH   SOLE 0 20,800 0 0
CANON INC ADR 138006309 597 18,650 SH   SOLE 0 18,650 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 683 86,200 SH   SOLE 0 86,200 0 0
CBRE GROUP INC CL A 12504L109 876 33,300 SH   SOLE 0 33,300 0 0
CENOVUS ENERGY INC COM 15135U109 419 14,611 SH   SOLE 0 14,611 0 0
CENTRAL EUR RUSS & TURK FD I COM 153436100 969 31,733 SH   SOLE 0 31,733 0 0
CHESAPEAKE ENERGY CORP PFD CONV 165167842 455 4,950 SH   SOLE 0 4,950 0 0
CHEVRON CORP NEW COM 166764100 7,507 60,098 SH   SOLE 0 60,098 0 0
CIMAREX ENERGY CO COM 171798101 640 6,100 SH   SOLE 0 6,100 0 0
CISCO SYS INC COM 17275R102 476 21,223 SH   SOLE 0 21,182 0 41
CLAYMORE EXCHANGE TRD FD TR S&P GBL WATER 18383Q507 373 13,500 SH   SOLE 0 13,500 0 0
COACH INC COM 189754104 463 8,244 SH   SOLE 0 8,244 0 0
COCA COLA CO COM 191216100 307 7,424 SH   SOLE 0 5,624 0 1,800
COHEN & STEERS INFRASTRUCTUR COM 19248A109 1,265 61,401 SH   SOLE 0 61,401 0 0
COMCAST CORP NEW CL A 20030N101 1,652 31,787 SH   SOLE 0 29,987 0 1,800
COVANTA HLDG CORP COM 22282E102 211 11,875 SH   SOLE 0 11,875 0 0
COVIDIEN PLC SHS G2554F113 374 5,486 SH   SOLE 0 5,486 0 0
CURIS INC COM 231269101 28 10,000 SH   SOLE 0 10,000 0 0
CVS CAREMARK CORPORATION COM 126650100 694 9,693 SH   SOLE 0 9,693 0 0
DOW CHEM CO COM 260543103 277 6,233 SH   SOLE 0 6,233 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,284 19,767 SH   SOLE 0 19,767 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 275 3,982 SH   SOLE 0 3,982 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A119 155 33,750 SH   SOLE 0 33,750 0 0
EATON VANCE SR INCOME TR SH BEN INT 13F 27826S103 640 92,652 SH   SOLE 0 92,652 0 0
EMERSON ELEC CO COM 291011104 656 9,349 SH   SOLE 0 9,349 0 0
ENCANA CORP COM 292505104 185 10,253 SH   SOLE 0 10,253 0 0
ENERPLUS CORP COM 292766102 683 37,550 SH   SOLE 0 37,550 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 233 3,515 SH   SOLE 0 3,515 0 0
EQT CORP COM 26884L109 454 5,060 SH   SOLE 0 5,060 0 0
EXXON MOBIL CORP COM 30231G102 1,971 19,474 SH   SOLE 0 19,074 0 400
FEDEX CORP COM 31428X106 1,125 7,825 SH   SOLE 0 7,825 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 940 24,918 SH   SOLE 0 24,918 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 223 48,000 SH   SOLE 0 48,000 0 0
GANNETT INC COM 364730101 263 8,900 SH   SOLE 0 8,100 0 800
GENERAL ELECTRIC CO COM 369604103 2,067 73,752 SH   SOLE 0 71,504 0 2,248
GENUINE PARTS CO COM 372460105 1,459 17,540 SH   SOLE 0 17,540 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 218 6,000 SH   SOLE 0 6,000 0 0
H & Q LIFE SCIENCES INVS SH BEN INT 404053100 228 11,160 SH   SOLE 0 11,160 0 0
HEWLETT PACKARD CO COM 428236103 600 21,456 SH   SOLE 0 19,656 0 1,800
HOME DEPOT INC COM 437076102 1,297 15,747 SH   SOLE 0 15,150 0 597
HONEYWELL INTL INC COM 438516106 729 7,980 SH   SOLE 0 7,980 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 262 9,675 SH   SOLE 0 9,675 0 0
HSBC HLDGS PLC ADR NEW 404280406 796 14,444 SH   SOLE 0 14,444 0 0
INTEL CORP COM 458140100 2,504 96,457 SH   SOLE 0 93,287 0 3,170
INTERNATIONAL BUSINESS MACHS COM 459200101 1,556 8,293 SH   SOLE 0 8,293 0 0
INVESCO SR INCOME TR COM 46131H107 1,331 264,110 SH   SOLE 0 258,110 0 6,000
ISHARES BARCLYS 1-3YR CR 464288646 1,723 16,340 SH   SOLE 0 16,340 0 0
ISHARES MCSI CDA INDEX 464286509 478 16,400 SH   SOLE 0 16,400 0 0
ISHARES MSCI GERMAN 464286806 1,068 33,625 SH   SOLE 0 33,625 0 0
ISHARES MSCI JAPAN 464286848 706 58,178 SH   SOLE 0 58,178 0 0
ISHARES MSCI TAIWAN 464286731 993 68,850 SH   SOLE 0 68,850 0 0
ISHARES S&P GSTI TECHN 464287549 871 9,725 SH   SOLE 0 9,725 0 0
ISHARES CORE S&P MCP ETF 464287507 225 1,680 SH   SOLE 0 1,680 0 0
ISHARES S&P GBL HLTHCR 464287325 629 7,305 SH   SOLE 0 7,305 0 0
ISHARES S&P GBL TELCM 464287275 630 9,216 SH   SOLE 0 9,216 0 0
ISHARES 1-3 YR TR BD ETF 464287457 503 5,956 SH   SOLE 0 5,956 0 0
JOHNSON & JOHNSON COM 478160104 2,829 30,884 SH   SOLE 0 30,484 0 400
KIMBERLY CLARK CORP COM 494368103 329 3,150 SH   SOLE 0 3,150 0 0
KINDER MORGAN INC DEL COM 49456B101 929 25,794 SH   SOLE 0 25,794 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 156 38,400 SH   SOLE 0 38,400 0 0
KONINKLIJKE PHILIPS N V NY REG SH NEW 500472303 266 7,193 SH   SOLE 0 7,193 0 0
KRAFT FOODS GROUP INC COM 50076Q106 323 5,991 SH   SOLE 0 5,658 0 333
L-3 COMMUNICATIONS HLDGS INC COM 502424104 476 4,450 SH   SOLE 0 4,450 0 0
MACYS INC COM 55616P104 782 14,650 SH   SOLE 0 14,650 0 0
MANAGED HIGH YIELD PLUS FD I COM 561911108 96 47,102 SH   SOLE 0 47,102 0 0
MERCK & CO INC NEW COM 58933Y105 202 4,035 SH   SOLE 0 4,035 0 0
METLIFE INC COM 59156R108 265 4,907 SH   SOLE 0 4,907 0 0
MICROSOFT CORP COM 594918104 916 24,497 SH   SOLE 0 24,497 0 0
MOLSON COORS BREWING CO CL B 60871R209 2,437 43,400 SH   SOLE 0 43,400 0 0
MONDELEZ INTL INC CL A 609207105 360 10,189 SH   SOLE 0 10,189 0 0
NEW IRELAND FUND INC COM 645673104 330 25,671 SH   SOLE 0 25,671 0 0
NEWELL RUBBERMAID INC COM 651229106 345 10,644 SH   SOLE 0 9,144 0 1,500
NEXPOINT CR STRATEGIES FD COM 65340G106 137 14,553 SH   SOLE 0 14,553 0 0
NEXTERA ENERGY INC COM 65339F101 280 3,274 SH   SOLE 0 2,574 0 700
NORFOLK SOUTHERN CORP COM 655844108 2,459 26,488 SH   SOLE 0 26,488 0 0
NOVO-NORDISK A S ADR 670100205 699 3,783 SH   SOLE 0 3,783 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 703 79,242 SH   SOLE 0 79,242 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 622 20,889 SH   SOLE 0 20,889 0 0
ORACLE CORP COM 68389X105 455 11,893 SH   SOLE 0 11,893 0 0
PENN WEST PETE LTD NEW COM 707887105 140 16,707 SH   SOLE 0 16,707 0 0
PEPSICO INC COM 713448108 404 4,870 SH   SOLE 0 4,700 0 170
PFIZER INC COM 717081103 1,692 55,249 SH   SOLE 0 50,861 0 4,388
PHH CORP COM NEW 693320202 267 10,962 SH   SOLE 0 10,962 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 405 4,000 SH   SOLE 0 4,000 0 0
PIMCO INCOME STRATEGY FUND I COM 72201J104 218 21,900 SH   SOLE 0 21,900 0 0
PROCTER & GAMBLE CO COM 742718109 297 3,650 SH   SOLE 0 3,650 0 0
PUTMAN HIGH INCOME SEC FUND SHS BEN INT 746779107 116 14,050 SH   SOLE 0 14,050 0 0
QUALCOMM INC COM 747525103 1,400 18,856 SH   SOLE 0 18,856 0 0
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 272 3,823 SH   SOLE 0 3,823 0 0
SCHLUMBERGER LTD COM 806857108 247 2,739 SH   SOLE 0 2,739 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1,856 40,153 SH   SOLE 0 40,153 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 813 21,400 SH   SOLE 0 21,400 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1,175 21,192 SH   SOLE 0 21,192 0 0
SOUTHERN CO COM 842587107 204 4,952 SH   SOLE 0 4,952 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 291 1,759 SH   SOLE 0 1,759 0 0
SPDR INDEX SHS FDS RUSS NOM SC JP 78463X822 602 11,992 SH   SOLE 0 11,992 0 0
SPDR S&P 500 ETF TR UNIT SER 1 13F 78462F103 1,173 6,351 SH   SOLE 0 6,351 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 249 1,018 SH   SOLE 0 1,018 0 0
SPDR SERIES TRUST DJ GLB TITANS 78464A706 548 7,918 SH   SOLE 0 7,918 0 0
STRATEGIC GLOBAL INCOME FD COM 862719101 787 87,191 SH   SOLE 0 87,191 0 0
SWISS HELVETIA FD INC COM 870875101 472 33,852 SH   SOLE 0 33,852 0 0
TAIWAN SEMICONDUCTOR MFG LTD ADR 874039100 2,195 125,851 SH   SOLE 0 125,851 0 0
TEMPLETON GLOBAL INCOME FD COM 880198106 170 21,342 SH   SOLE 0 21,342 0 0
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 527 13,100 SH   SOLE 0 13,100 0 0
TIME WARNER CABLE INC COM 88732J207 622 4,589 SH   SOLE 0 4,589 0 0
TIME WARNER INC COM 887317303 1,049 15,044 SH   SOLE 0 14,983 0 61
TRAVELERS COMPANIES INC COM 89417E109 1,840 20,321 SH   SOLE 0 20,321 0 0
TYCO INTERNATIONAL LTD SHS H89128104 368 8,974 SH   SOLE 0 8,730 0 244
UNITED STATES STL CORP NEW COM 912909108 1,300 44,055 SH   SOLE 0 44,055 0 0
UNITED TECHNOLOGIES CORP COM 913017109 908 7,975 SH   SOLE 0 7,175 0 800
US BANCORP DEL COM NEW 902973304 276 6,827 SH   SOLE 0 6,827 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 357 4,263 SH   SOLE 0 4,263 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,297 26,401 SH   SOLE 0 24,053 0 2,348
VODAFONE GROUP PLC NEW ADR NEW 92857W209 2,647 67,329 SH   SOLE 0 66,929 0 400
WALGREEN CO COM 931422109 1,470 25,600 SH   SOLE 0 25,600 0 0
WAL-MART STORES INC COM 931142103 1,985 25,230 SH   SOLE 0 24,830 0 400
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 257 11,000 SH   SOLE 0 11,000 0 0
WELLS FARGO & CO NEW COM 949746101 628 13,831 SH   SOLE 0 12,931 0 900
WEYERHAEUSER CO COM 962166104 317 10,027 SH   SOLE 0 10,027 0 0
WINNEBAGO INDS INC COM 974637100 587 21,392 SH   SOLE 0 21,392 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 1,096 14,870 SH   SOLE 0 14,470 0 400
XL GROUP PLC SHS G98290102 271 8,500 SH   SOLE 0 8,500 0 0
ZIMMER HLDGS INC COM 98956P102 445 4,773 SH   SOLE 0 4,773 0 0