Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VUG	VANGUARD INDEX FDS GROWTH ETF	611,628	$47.8M	7.3%	$78.15 *	$13.19	-1.3%	COM	922908736
—	PROSHARES TR PSHS SHTRUSS2000	1,465,899	$30.24M	4.6%	$20.63	$20.63	—	COM	74347R826
LQD	ISHARES TR IBOXX INV CPBD	191,612	$21.78M	3.3%	$113.65	$118.92	-4.4%	COM	464287242
—	POWERSHARES ETF TR II ASIA PAC	742,200	$18.27M	2.8%	$24.61	$24.61	—	COM	73937B753
—	SPROTT PHYSICAL GOLD (NEW YORK	1,767,277	$18.1M	2.8%	$10.24	$10.24	—	COM	85207h104
—	POWERSHARES GLOBAL ETF TRUST F	879,046	$16.39M	2.5%	$18.64	$18.64	—	COM	73936T557
—	WILLIAMS PARTNERS L P COM UNIT	306,593	$15.82M	2.4%	$51.60	$51.60	—	LP	96950F104
—	POWERSHARES ETF TRUST II SENIO	603,587	$14.94M	2.3%	$24.75	$24.75	—	COM	73936Q769
—	NATIONAL GRID PLC SPON ADR NEW	223,073	$12.64M	1.9%	$56.67	$56.67	—	COM	636274300
—	TEEKAY LNG PARTNERS L P PRTNRS	289,245	$12.64M	1.9%	$43.70	$43.70	—	LP	Y8564M105
—	MARKET VECTORS ETF TR EM LC CU	503,818	$12.22M	1.9%	$24.26	$24.26	—	COM	57060U522
VTV	VANGUARD INDEX FDS VALUE ETF	180,535	$12.21M	1.9%	$67.61	$67.63	-0.0%	COM	922908744
EPD	ENTERPRISE PRODS PARTNERS L P	196,345	$12.2M	1.9%	$62.15	$62.15	—	LP	293792107
—	GENERAL ELECTRIC CO COM	517,385	$12M	1.8%	$23.19	$23.19	—	COM	369604103
—	VODAFONE GROUP PLC NEW SPONS A	406,334	$11.68M	1.8%	$28.74	$28.74	—	COM	92857W209
—	TEEKAY OFFSHORE PARTNERS L P P	332,369	$10.79M	1.6%	$32.47	$32.47	—	LP	Y8565J101
MSFT	MICROSOFT CORP COM	303,805	$10.49M	1.6%	$34.55 *	$26.70	+5.8%	COM	594918104
IVW	ISHARES TR S&P500 GRW	120,277	$10.1M	1.5%	$84.01 *	$21.20	-0.9%	COM	464287309
—	TESCO PLC SPONSORED ADR	653,287	$9.962M	1.5%	$15.25	$15.25	—	COM	881575302
—	HOME LOAN SERVICING SOLUTIONS	390,860	$9.369M	1.4%	$23.97	$23.97	—	COM	G6648D109
HYS	PIMCO ETF TR 0-5 HIGH YIELD	88,008	$9.036M	1.4%	$102.67	$104.80	-2.0%	COM	72201R783
VEU	VANGUARD INTL EQUITY INDEX FD	202,120	$8.938M	1.4%	$44.22	$46.78	-5.5%	COM	922042775
—	ANNALY CAP MGMT INC PFDSER D %	355,030	$8.745M	1.3%	$24.63	$24.63	—	PFD	035710805
TLT	ISHARES TR BARCLYS 20+ YR	75,428	$8.33M	1.3%	$110.44	$117.46	-6.0%	COM	464287432
JNJ	JOHNSON & JOHNSON COM	95,872	$8.232M	1.3%	$85.86 *	$59.66	+1.6%	COM	478160104
—	TC PIPELINES LP UT COM LTD PRT	169,855	$8.2M	1.3%	$48.28	$48.28	—	LP	87233Q108
AAPL	APPLE INC COM	20,391	$8.085M	1.2%	$396.50 *	$13.16	-7.7%	COM	037833100
—	EL PASO PIPELINE PARTNERS L P	177,816	$7.765M	1.2%	$43.67	$43.67	—	LP	283702108
—	ANNALY CAP MGMT INC COM	597,120	$7.506M	1.1%	$12.57	$12.57	—	COM	035710409
PFE	PFIZER INC COM	267,777	$7.5M	1.1%	$28.01 *	$16.46	-3.5%	COM	717081103
—	ROYAL DUTCH SHELL ADREA REP 2	110,967	$7.354M	1.1%	$66.27	$66.27	—	COM	780259107
—	PROSHARES TR PSHS SHRT S&P500	247,595	$7.351M	1.1%	$29.69	$29.69	—	COM	74347R503
—	SUMMIT MIDSTREAM PARTNERSLP CO	213,719	$7.299M	1.1%	$34.15	$34.15	—	LP	866142102
CVX	CHEVRON CORP NEW	57,310	$6.782M	1.0%	$118.34 *	$71.30	-1.7%	COM	166764100
—	GOOGLE INC CL A	7,530	$6.629M	1.0%	$880.35	$880.35	—	COM	38259P508
—	NORDSTROM INC COM	105,335	$6.314M	1.0%	$59.94	$59.94	—	COM	655664100
BRK/B	BERKSHIRE HATHAWAY INC DEL CL	54,318	$6.079M	0.9%	$111.92	$110.02	+1.7%	COM	084670702
QCOM	QUALCOMM INC COM	97,348	$5.947M	0.9%	$61.09 *	$45.06	-3.9%	COM	747525103
—	E M C CORP MASS COM	250,332	$5.913M	0.9%	$23.62	$23.62	—	COM	268648102
XOM	EXXON MOBIL CORP COM	64,056	$5.787M	0.9%	$90.34 *	$53.69	+0.7%	COM	30231G102
PEP	PEPSICO INC COM	69,591	$5.692M	0.9%	$81.79 *	$56.00	+0.7%	COM	713448108
—	UNILEVER N V N Y SHS NEW	137,322	$5.398M	0.8%	$39.31	$39.31	—	COM	904784709
INTC	INTEL CORP COM	221,212	$5.36M	0.8%	$24.23 *	$17.18	+2.9%	COM	458140100
SHY	ISHARES TR BARCLYS 1-3 YR	62,300	$5.251M	0.8%	$84.29	$84.42	-0.2%	COM	464287457
WFC	WELLS FARGO & CO NEW COM	126,523	$5.221M	0.8%	$41.27 *	$27.36	+6.2%	COM	949746101
YCS	PROSHARES TR II PROSHARES ULTR	80,232	$5.141M	0.8%	$64.08	$64.08	—	COM	74347W569
JPM	JPMORGAN CHASE & CO COM	92,603	$4.889M	0.7%	$52.80 *	$36.24	+3.9%	COM	46625H100
IWP	ISHARES TR RUSSELL MCP GR	68,032	$4.882M	0.7%	$71.76 *	$35.74	+0.4%	COM	464287481
IBM	INTERNATIONAL BUSINESS MACHS C	25,309	$4.837M	0.7%	$191.12 *	$118.94	-6.0%	COM	459200101
—	CORTS TR II PROVIDENT FING COR	167,191	$4.762M	0.7%	$28.48	$28.48	—	PFD	22081B200
ORCL	ORACLE CORP COM	153,341	$4.709M	0.7%	$30.71 *	$27.58	-7.4%	COM	68389X105
—	MORGAN STANLEY MKT VECTORS BAS	106,445	$4.656M	0.7%	$43.74	$43.74	—	COM	617480280
DIS	DISNEY WALT CO COM DISNEY	69,691	$4.401M	0.7%	$63.15 *	$56.11	-0.0%	COM	254687106
—	POWERSHARES ETF TR II BUILD AM	152,336	$4.293M	0.7%	$28.18	$28.18	—	COM	73937B407
—	MEDTRONIC INC COM	78,874	$4.06M	0.6%	$51.47	$51.47	—	COM	585055106
NEM	NEWMONT MINING CORP COM	134,650	$4.032M	0.6%	$29.94 *	$25.34	-10.1%	COM	651639106
—	JPMORGAN CHASE & CO ALERIAN ML	83,864	$3.911M	0.6%	$46.64	$46.64	—	COM	46625H365
OEF	ISHARES TR S&P 100 IDX FD	52,137	$3.752M	0.6%	$71.96	$72.66	-1.0%	COM	464287101
BK	BANK NEW YORK MELLON CORP COM	131,882	$3.699M	0.6%	$28.05 *	$21.22	-2.2%	COM	064058100
BDX	BECTON DICKINSON & CO COM	37,002	$3.657M	0.6%	$98.83 *	$78.11	+1.5%	COM	075887109
DE	DEERE & CO COM	44,431	$3.61M	0.6%	$81.25 *	$68.04	-5.4%	COM	244199105
FANUY	FANUC CORPORATION ADR	138,765	$3.354M	0.5%	$24.17	$25.52	-5.3%	COM	307305102
MCK	MCKESSON CORP COM	27,542	$3.154M	0.5%	$114.52 *	$101.46	+3.0%	COM	58155Q103
—	OMNICARE	65,105	$3.106M	0.5%	$47.71	$47.71	—	COM	681904108
—	DREAMWORKS ANIMATION SKG INC	119,485	$3.066M	0.5%	$25.66	$25.66	—	COM	26153c103
—	DIRECTV COM	49,546	$3.054M	0.5%	$61.64	$61.64	—	COM	25490A309
—	JOHNSON CTLS INC COM	83,189	$2.978M	0.5%	$35.80	$35.80	—	COM	478366107
AIG	AMERICAN INTL GROUP INC	66,130	$2.956M	0.5%	$44.70 *	$32.51	+4.2%	COM	026874784
—	ISHARES TR MRTG PLS CAP IDX	232,705	$2.946M	0.5%	$12.66	$12.66	—	COM	464288539
UPS	UNITED PARCEL SERVICE INC CL B	32,455	$2.807M	0.4%	$86.49 *	$55.38	+1.1%	COM	911312106
STT	STATE STR CORP COM	41,823	$2.727M	0.4%	$65.20 *	$44.60	+5.3%	COM	857477103
HAL	HALLIBURTON CO COM	65,198	$2.72M	0.4%	$41.72 *	$33.21	+0.0%	COM	406216101
GLW	CORNING INC COM	190,220	$2.707M	0.4%	$14.23 *	$10.49	-1.7%	COM	219350105
—	APACHE CORP COM	31,210	$2.617M	0.4%	$83.85	$83.85	—	COM	037411105
CCJ	CAMECO CORP COM	124,305	$2.568M	0.4%	$20.66 *	$17.58	+2.0%	COM	13321L108
—	PROSHARES TR REAL EST NEW 11	116,235	$2.467M	0.4%	$21.22	$21.22	—	COM	74348A871
CVS	CVS CAREMARK CORPORATION COM	42,974	$2.457M	0.4%	$57.17 *	$41.44	-1.2%	COM	126650100
—	MERRILL LYNCH CAP TR I GTD CAP	97,895	$2.441M	0.4%	$24.93	$24.93	—	PFD	590199204
—	BOMBARDIER INC CV CL B FSUBORD	532,150	$2.379M	0.4%	$4.47	$4.47	—	COM	097751200
—	DOW CHEM CO COM	73,337	$2.359M	0.4%	$32.17	$32.17	—	COM	260543103
—	PAA NAT GAS STORAGE L P COM UN	111,670	$2.35M	0.4%	$21.04	$21.04	—	LP	693139107
SLB	SCHLUMBERGER LTD COM	32,553	$2.332M	0.4%	$71.64 *	$52.90	-2.9%	COM	806857108
MOS	MOSAIC CO NEW COM	41,964	$2.258M	0.3%	$53.81 *	$46.26	-9.4%	COM	61945C103
SSW 9.5 PERP C	SEASPAN CORP PERP PFD-C9.5%	82,340	$2.218M	0.3%	$26.94	$26.94	—	PFD	Y75638125
—	TIME WARNER INC NEW COMNEW	38,013	$2.198M	0.3%	$57.82	$57.82	—	COM	887317303
—	DCP MIDSTREAM PARTNERS LP COM	40,105	$2.17M	0.3%	$54.11	$54.11	—	LP	23311P100
TEVA	TEVA PHARMACEUTICAL INDS LTD A	54,467	$2.135M	0.3%	$39.20	$38.94	+0.7%	COM	881624209
—	C&J ENERGY SVCS INC COM	108,215	$2.096M	0.3%	$19.37	$19.37	—	COM	12467B304
—	UNITED STATES CELLULAR CORP CA	77,240	$1.953M	0.3%	$25.28	$25.28	—	PFD	911684405
—	KKR FINANCIAL HOLDINGS	72,225	$1.871M	0.3%	$25.91	$25.91	—	PFD	48248A603
—	CHEUNG KONG INFRASTRUCTURE	277,850	$1.848M	0.3%	$6.65	$6.65	—	COM	G2098R102
PRE 7.25 PERP E	PARTNERRE LTD PFD SER E	66,850	$1.812M	0.3%	$27.11	$27.11	—	PFD	G68603508
PCAR	PACCAR INC COM	28,656	$1.538M	0.2%	$53.67 *	$21.67	+3.9%	COM	693718108
—	TEEKAY OFFSHORE PARTNERS PFD	57,400	$1.452M	0.2%	$25.30	$25.30	—	PFD	y8565j127
—	NUSTAR LOGISTICS LP	40,100	$1.043M	0.2%	$26.01	$26.01	—	PFD	67059T204
—	ANNALY CAP MGMT INC PFD STK C	36,795	$911K	0.1%	$24.76	$24.76	—	PFD	035710706
NRIM	NORTHRIM BANCORP INC COM	34,169	$827K	0.1%	$24.20 *	$3.58	+9.9%	COM	666762109
—	CORPORATE BACKED CALL TR CTFS	36,920	$695K	0.1%	$18.82	$18.82	—	PFD	21988T207
—	NUVEEN DIVID ADVANTAGE MUN INC	53,298	$534K	0.1%	$10.02	$10.02	—	PFD	67071L502
VZ	VERIZON COMMUNICATIONS INC COM	10,310	$519K	0.1%	$50.34 *	$27.04	-1.3%	COM	92343V104
—	WESTERN GAS EQUITY PARTNERS LP	12,500	$515K	0.1%	$41.20	$41.20	—	LP	95825R103
COLB	COLUMBIA BKG SYS INC COM	21,200	$505K	0.1%	$23.82 *	$12.82	+10.2%	COM	197236102
—	CENTRAL FD CDA LTD CL A	31,280	$425K	0.1%	$13.59	$13.59	—	COM	153501101
SBUX	STARBUCKS CORP COM	5,984	$392K	0.1%	$65.51 *	$24.37	+5.6%	COM	855244109
T	AT&T INC COM	10,352	$366K	0.1%	$35.36 *	$11.40	-3.6%	COM	00206R102
BA	BOEING CO COM	3,102	$317K	0.0%	$102.19 *	$80.37	+8.0%	COM	097023105
—	KINDER MORGAN ENERGY LP UNIT L	3,456	$295K	0.0%	$85.36	$85.36	—	LP	494550106
COST	COSTCO WHSL CORP NEW	2,515	$278K	0.0%	$110.54 *	$86.56	+1.3%	COM	22160K105
—	NUVEEN DIVID ADVANTAGE MUN FD	27,500	$277K	0.0%	$10.07	$10.07	—	PFD	67066V507
BMY	BRISTOL MYERS SQUIBB CO COM	6,145	$275K	0.0%	$44.75 *	$28.67	+3.0%	COM	110122108
—	ENBRIDGE ENERGY MNGMT SHS UNIT	8,655	$262K	0.0%	$30.27	$30.27	—	LP	29250X103
RWT	REDWOOD TR INC COM	14,885	$253K	0.0%	$17.00	$17.00	—	COM	758075402
PAA	PLAINS ALL AMERN PIPELINE L P	4,124	$230K	0.0%	$55.77	$55.77	—	LP	726503105
—	BUCKEYE PARTNERS L P UNIT LTD	3,246	$227K	0.0%	$69.93	$69.93	—	LP	118230101
WAFD	WASHINGTON FED INC COM	11,826	$223K	0.0%	$18.86 *	$12.07	+9.9%	COM	938824109
ABBV	ABBVIE INC COM	5,265	$218K	0.0%	$41.41 *	$26.55	-5.4%	COM	00287Y109
—	FIRST SOUND BK SEATTLE WASH CO	1,037,000	$187K	0.0%	$0.18	$0.18	—	COM	33647C103
—	AGJUNCTION INC ORD SHS	165,300	$150K	0.0%	$0.91	$0.91	—	COM	00847v108
—	911 ETC INC	25,000	$0	0.0%	$0.00	—	—	COM	965990146