Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
UPS	UNITED PARCEL SERVICE CL B	333,100	$32.29M	21.6%	$96.94 *	$69.40	-5.2%	CL B	911312106
VNQ	VANGUARD REIT ETF INDEX	179,200	$15.11M	10.1%	$84.31	$78.56	+7.3%	REIT ETF	922908553
BIV	VANGUARD INTERMEDIATE TERM BON	166,953	$14.39M	9.6%	$86.21	$85.54	+0.8%	INTERMED TERM	921937819
SPSB	SPDR BARCLAYS SHORT TERM CORP	293,603	$9.028M	6.0%	$30.75	$30.67	+0.3%	BARC SHT TR CP	78464A474
BLV	VANGUARD LONG TERM BOND FUND	62,152	$5.986M	4.0%	$96.31	$92.28	+4.4%	LONG TERM BOND	921937793
IDV	ISHARES INTL SELECT DIV ETF	172,001	$5.786M	3.9%	$33.64	$35.05	-4.0%	INTL SEL DIV ETF	464288448
IJK	ISHARES S&P MID-CAP 400 GROWTH	30,595	$5.247M	3.5%	$171.50 *	$39.15	+9.5%	S&P MC 400GR ETF	464287606
VYM	VANGUARD HIGH DIVIDEND YIELD E	71,621	$4.892M	3.3%	$68.30	$68.10	+0.3%	HIGH DIV YLD	921946406
EFG	ISHARES MSCI EAFE GROWTH INDEX	62,627	$4.388M	2.9%	$70.07	$66.99	+4.6%	EAFE GRWTH ETF	464288885
IWS	ISHARES RUSSELL MID-CAP VALUE	56,978	$4.288M	2.9%	$75.26	$71.87	+4.7%	RUS MDCP VAL ETF	464287473
FEZ	SPDR EURO STOXX 50 FUND	91,749	$3.562M	2.4%	$38.82	$37.81	+2.7%	EURO STOXX 50	78463X202
EFV	ISHARES MSCI EAFE VALUE INDEX	66,235	$3.529M	2.4%	$53.28	$52.76	+1.0%	EAFE VALUE ETF	464288877
XLK	SELECT SECTOR SPDR TRUST TECHN	76,262	$3.16M	2.1%	$41.44 *	$20.30	+2.1%	TECHNOLOGY	81369Y803
XLV	SELECT SECTOR SPDR TRUST HEALT	40,423	$2.931M	2.0%	$72.51	$66.93	+8.3%	SBI HEALTHCARE	81369Y209
VBK	VANGUARD CRSP US SM CAP GROWTH	18,649	$2.458M	1.6%	$131.80	$125.39	+5.1%	SML CP GRW ETF	922908595
IVW	ISHARES S&P 500 GROWTH ETF	19,199	$2.188M	1.5%	$113.96 *	$27.32	+4.3%	S&P 500 GRWT ETF	464287309
RHI	ROBERT HALF INTL INC COM	33,876	$2.05M	1.4%	$60.51	$54.27	+11.5%	COM	770323103
VBR	VANGUARD CRSP US SMALL CAP VAL	16,632	$1.82M	1.2%	$109.43	$103.12	+6.1%	SM CP VAL ETF	922908611
IVE	ISHARES S&P 500 VALUE ETF	16,695	$1.545M	1.0%	$92.54	$91.62	+1.0%	S&P 500 VAL ETF	464287408
WOOD	ISHARES GLOBAL TIMBER & FOREST	23,955	$1.308M	0.9%	$54.60	$51.41	+6.2%	GL TIMB FORE ETF	464288174
XLE	SELECT SECTOR SPDR TRUST ENERG	15,648	$1.214M	0.8%	$77.58 *	$41.57	-6.7%	SBI INT-ENERGY	81369Y506
IYM	ISHARES US BASIC MATERIALS ETF	12,937	$1.06M	0.7%	$81.94	$83.10	-1.4%	U.S. BAS MTL ETF	464287838
—	AMERIGAS PARTNERS-LP COM	18,507	$884K	0.6%	$47.77	$47.87	—	UNIT L P INT	030975106
—	NEW YORK COMMUNITY BANCORP COM	51,071	$854K	0.6%	$16.72	$16.35	—	COM	649445103
F	FORD MOTOR COM	52,341	$845K	0.6%	$16.14 *	$8.59	+5.4%	COM	345370860
T	AT&T INC COM	24,982	$816K	0.5%	$32.66 *	$11.80	-3.0%	COM	00206R102
PG	PROCTER GAMBLE CO COM	9,063	$743K	0.5%	$81.98 *	$64.24	-5.5%	COM	742718109
EMR	EMERSON ELEC CO COM	12,560	$711K	0.5%	$56.61 *	$45.18	-6.1%	COM	291011104
—	GENERAL ELECTRIC CO COM	28,520	$708K	0.5%	$24.82	$25.11	—	COM	369604103
BA	BOEING CO COM	4,510	$677K	0.5%	$150.11 *	$110.65	+19.4%	COM	097023105
MSFT	MICROSOFT CORP COM	16,451	$669K	0.4%	$40.67 *	$39.83	-12.4%	COM	594918104
CBU	COMMUNITY BANK SYSTEM INC COM	18,839	$667K	0.4%	$35.41 *	$25.98	-2.1%	COM	203607106
VZ	VERIZON COMMUNICATIONS COM	12,615	$613K	0.4%	$48.59 *	$27.66	+0.7%	COM	92343V104
—	DU PONT E I DE NEMOURS & CO CO	8,310	$594K	0.4%	$71.48	$73.92	—	COM	263534109
PCAR	PACCAR INC COM	9,191	$580K	0.4%	$63.11 *	$28.21	-0.8%	COM	693718108
PPG	PPG INDUSTRIES INC COM	2,549	$575K	0.4%	$225.58 *	$85.21	+9.2%	COM	693506107
GPC	GENUINE PARTS CO COM	5,700	$531K	0.4%	$93.16 *	$71.18	-3.9%	COM	372460105
—	ENERGY TRANSFER PARTNERS LP CO	9,410	$525K	0.4%	$55.79	$64.73	—	UNIT LTD PARTN	29273R109
CSCO	CISCO SYSTEMS INC COM	18,471	$508K	0.3%	$27.50 *	$20.10	-1.5%	COM	17275R102
—	PLUM CREEK TIMBER CO INC COM	11,597	$504K	0.3%	$43.46	$43.11	—	COM	729251108
JNJ	JOHNSON & JOHNSON COM	4,887	$492K	0.3%	$100.68 *	$77.30	-3.5%	COM	478160104
INTC	INTEL CORP COM	15,617	$488K	0.3%	$31.25 *	$26.63	-9.3%	COM	458140100
—	UMPQUA HOLDINGS CORP COM	28,199	$484K	0.3%	$17.16	$17.16	—	COM	904214103
DUK	DUKE ENERGY HOLDINGS CORP COM	6,200	$476K	0.3%	$76.77 *	$50.97	-3.4%	COM	26441C204
O	REALTY INCOME CORPORATION COM	9,091	$469K	0.3%	$51.59 *	$26.33	+14.9%	COM	756109104
—	KRAFT FOODS GROUP INC COM	4,986	$434K	0.3%	$87.04	$62.58	—	COM	50076Q106
NEE	NEXTERA ENERGY INC COM	3,625	$377K	0.3%	$104.00 *	$18.89	+4.2%	COM	65339F101
AMZN	AMAZON.COM INC COM	1,002	$373K	0.2%	$372.26 *	$15.58	+19.4%	COM	023135106
KMB	KIMBERLY CLARK CORP COM	3,400	$364K	0.2%	$107.06 *	$76.09	-2.2%	COM	494368103
LLY	ELI LILLY & CO COM	4,937	$359K	0.2%	$72.72 *	$55.19	+8.8%	COM	532457108
MFIN	MEDALLION FINANCIAL GROUP COM	37,113	$344K	0.2%	$9.27 *	$6.88	-4.8%	COM	583928106
—	HOSPITALITY PROPERTIES TRUST C	10,249	$338K	0.2%	$32.98	$32.98	—	COM SH BEN INT	44106M102
—	ALPS ETF TRUST ALERIAN MLP	18,312	$303K	0.2%	$16.55	$16.55	—	ALERIAN MLP	00162Q866
OEF	ISHARES S&P 100 ETF	3,333	$301K	0.2%	$90.31	$90.99	-0.8%	S&P 100 ETF	464287101
—	POWERSHARES QQQ	2,850	$301K	0.2%	$105.61	$105.61	—	UNIT SER 1	73935A104
EPD	ENTERPRISE PRODUCTS PARTNERS L	9,000	$296K	0.2%	$32.89	$36.11	—	COM	293792107
—	CENTURYLINK INC COM	8,522	$294K	0.2%	$34.50	$39.54	—	COM	156700106
—	HEALTHSOUTH CORP NEW COM	6,608	$293K	0.2%	$44.34	$44.34	—	COM	421924309
—	HEALTH CARE REIT INC COM	3,615	$280K	0.2%	$77.46	$75.80	—	COM	42217K106
STWD	STARWOOD PROPERTY TRUST COM	10,638	$259K	0.2%	$24.35	$24.35	—	COM	85571B105
BAX	BAXTER INTERNATIONAL INC CM	3,787	$259K	0.2%	$68.39 *	$31.65	-1.3%	COM	071813109
—	DOW CHEMICAL COM	5,355	$257K	0.2%	$47.99	$47.99	—	COM	260543103
—	TOTAL S A SPONSORED ADR	5,145	$256K	0.2%	$49.76	$51.19	—	SPONSORED ADR	89151E109
—	WINDSTREAM HOLDINGS INC COM	34,417	$255K	0.2%	$7.41	$8.25	—	COM	97382A101
MS	MORGAN STANLEY COM	6,814	$243K	0.2%	$35.66 *	$26.41	+0.5%	COM	617446448
COST	COSTCO WHOLESALE CORPORATION C	1,479	$224K	0.1%	$151.45 *	$120.91	+4.6%	COM	22160K105
MAS	MASCO CORP COM	8,079	$216K	0.1%	$26.74 *	$17.51	+14.1%	COM	574599106
PEP	PEPSICO INC COM	2,100	$201K	0.1%	$95.71 *	$68.61	+0.8%	COM	713448108
—	OAKTREE CAPITAL GROUP LLC UNIT	3,872	$200K	0.1%	$51.65	$51.65	—	UNIT CL A	674001201
—	ABERDEEN ASIA-PAC PRIME INC CO	12,179	$66,000	0.0%	$5.42	$5.42	—	COM	003009107