0001086763-12-000002.txt : 20120215 0001086763-12-000002.hdr.sgml : 20120215 20120215155102 ACCESSION NUMBER: 0001086763-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120215 EFFECTIVENESS DATE: 20120215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FOUNDATION ADVISORS CENTRAL INDEX KEY: 0001086763 IRS NUMBER: 330221828 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05785 FILM NUMBER: 12615975 BUSINESS ADDRESS: STREET 1: 18101 VON KARMAN AVENUE STREET 2: STE 700 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 9494760300 MAIL ADDRESS: STREET 1: 18101 VON KARMAN AVENUE STREET 2: STE 700 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: KELLER GROUP INVESTMENT MANAGEMENT INC /CA/ DATE OF NAME CHANGE: 20010509 FORMER COMPANY: FORMER CONFORMED NAME: KELLER COLLINS HAKOPIAN & LEISURE INVESTMENT COUNSEL INC/CA DATE OF NAME CHANGE: 19990519 13F-HR 1 inftable13f1211.txt 13F-HR FOR 12-31-2011 13F-HR Form 13F Holdings Report UNITED STATES SECURITIES AND EXCHANGE COMMISION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year of Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number This Amendment (Check only one.):[ ] is a restatement [ ] adds new holding entries. Institutional Investment Manager Filing this Report: Name: First Foundation Advisors Address: 18101 Von Karman Avenue Suite 700 Irvine, CA 92612-1051 13F File Number: 28-05785 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedule, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gregory S. Bruce Title: Chief Compliance Officer Phone: 949-476-0300 Signature, Place, and Date of Signing: Gregory S. Bruce Irvine, California February 15, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 127 Form 13F Information Table Value Total: $416213 List of Other Included Managers: / NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M Company COM 88579y101 7693 94125 SH SOLE 83772 10353 Abbott Laboratories COM 002824100 271 4823 SH SOLE 4823 Aberdeen Asia Pacific Inc Fd COM 003009107 78 10700 SH SOLE 10700 Accenture Ltd Cl A SHS CLASS A G1151C101 8346 156796 SH SOLE 137712 19084 Alpine Total Dynamic Divid F COM SBI 021060108 114 26130 SH SOLE 26130 Altria Group Inc COM 02209s103 8300 279922 SH SOLE 250456 29466 Amercian Express COM 025816109 607 12870 SH SOLE 11370 1500 AMEX Financial Select SPDR SBI INT-FINL 81369y605 2618 201369 SH SOLE 176967 24402 Anheuser-Busch Inbev SA/NV SPONSORED ADR 03524a108 13586 222763 SH SOLE 197766 24997 AON Corp COM 037389103 11298 241421 SH SOLE 215474 25947 Apple Computer COM 037833100 1754 4330 SH SOLE 4135 195 Applied Materials Inc COM 038222105 6049 564810 SH SOLE 485424 79386 Archer-Daniels Midland COM 039483102 8142 284677 SH SOLE 252123 32554 AT&T COM 00206r102 962 31826 SH SOLE 31826 Bank of America Corp COM 060505104 582 104701 SH SOLE 104701 Bank of New York Mellon COM 064058100 6381 320492 SH SOLE 284767 35725 Berkshire Hathaway Inc Cl A CL A 084670108 1607 14 SH SOLE 14 Berkshire Hathaway Inc Cl B CL B 084670207 8144 106737 SH SOLE 94730 12007 Blackrock Build America Bond T SHS 09248x100 241 11290 SH SOLE 5730 5560 Blackrock Floating Rate Inc S COM 09255x100 5064 379073 SH SOLE 352974 26099 Blackrock Floating Rate Inc T COM 091941104 269 20000 SH SOLE 20000 Blackrock Inc COM 09247x101 10808 60640 SH SOLE 53923 6717 Boeing COM 097023105 301 4098 SH SOLE 3598 500 Brown Foreman Corp Cl B CL B 115637209 398 4949 SH SOLE 4949 Calamos Strategic Total Ret COM SH BEN INT 128125101 157 18805 SH SOLE 10487 8318 Canadian Natural Resources COM 136385101 9012 241155 SH SOLE 211588 29567 Capstead Mtg Corp COM NO PAR 14067e506 187 15000 SH SOLE 15000 Caterpillar COM 149123101 9861 108841 SH SOLE 96106 12735 CenturyLink, Inc COM 156700106 428 11509 SH SOLE 10509 1000 Chevron Corp COM 166764100 3188 29959 SH SOLE 29959 Chimera Investment Corp COM 16934q109 25 10000 SH SOLE 10000 Cisco Systems Inc. COM 17275r102 314 17370 SH SOLE 14719 2651 Coca Cola COM 191216100 301 4299 SH SOLE 4299 Colgate Palmolive COM 194162103 329 3566 SH SOLE 3566 ConocoPhillips COM 20825c104 320 4389 SH SOLE 4389 CVS Corp. COM 126650100 12234 300001 SH SOLE 262642 37359 Diageo ADR SPON ADR NEW 25243q205 10085 115360 SH SOLE 100138 15222 Disney Walt Co COM DISNEY 254687106 5732 152852 SH SOLE 135066 17786 Dominion Resources VA COM 25746u109 329 6190 SH SOLE 6190 Edison International COM 281020107 263 6356 SH SOLE 6356 Edward Life Sciences COM 28176e108 306 4330 SH SOLE 4330 Eli Lilly & Co. COM 532457108 382 9191 SH SOLE 9191 Emerson Electric COM 291011104 218 4678 SH SOLE 4678 Enterprise Partners LP COM 293792107 378 8150 SH SOLE 8150 Exxon Mobil Corp COM 30231g102 10349 122096 SH SOLE 109986 12110 Frontier Communications COM 35906a108 130 25281 SH SOLE 25281 General Dynamics COM 369550108 8550 128751 SH SOLE 114199 14552 General Electric Company COM 369604103 829 46281 SH SOLE 45032 1249 Goldman Sachs Group Inv COM 38141g104 5114 56547 SH SOLE 50082 6465 Haliburton Company COM 406216101 281 8148 SH SOLE 8148 Home Depot Inc COM 437076102 10008 238060 SH SOLE 203699 34361 Int'l Business Machines Corp COM 459200101 15540 84512 SH SOLE 74303 10209 Illinois Tool Works COM 452308109 495 10600 SH SOLE 10600 iPath DowJones AIG Commodity DJUBS CMDT ETN 06738c778 282 6679 SH SOLE 6679 iShares Barclays TIPS Bond BARCLYS TIPS BD 464287176 1129 9672 SH SOLE 120 9552 iShares iBoxx Invest Grade BD IBOXX INV CPBD 464287242 349 3070 SH SOLE 2357 713 iShares Iboxx High Yield Corp HIGH YIELD CORP 464288513 1590 17776 SH SOLE 17526 250 iShares JP Morgan Emerging BD JP MORGAN USD 464288281 2262 20615 SH SOLE 20476 139 iShares Lehman MBS Fixed Rate BARCLYS MBS BD 464288588 310 2865 SH SOLE 2865 iShares MSCI EAFE Index Fund MSCI EAFE IDX 464287465 2331 47070 SH SOLE 46221 849 iShares MSCI EAFE Small Cap MSCI SMALL CAP 464288273 298 8581 SH SOLE 8581 iShares MSCI Emerging Mkts Idx MSCI EMERG MKT 464287234 2131 56161 SH SOLE 53499 2662 iShares S&P 500 Index Fund S&P 500 Index 464287200 440 3494 SH SOLE 3494 iShares S&P California Muni S&P CAL AMTFR MN 464288356 260 2347 SH SOLE 2347 Johnson & Johnson COM 478160104 11066 168741 SH SOLE 139875 28866 Johnson Controls Inc COM 478366107 5260 168272 SH SOLE 149521 18751 Kinder Morgan Energy LP Unit UT LTD PARTNER 494550106 629 7406 SH SOLE 6806 600 Kraft Foods Inc A COM 50075n104 234 6274 SH SOLE 6274 Liberty All Star Equity Fund SH BEN INT 530158104 156 36963 SH SOLE 36963 Live Nation Inc COM 538034109 105 12687 SH SOLE 10487 2200 Lockheed Martin Corp COM 539830109 8501 105078 SH SOLE 93265 11813 McDonalds Corporation COM 580135101 847 8447 SH SOLE 8447 Medtronics Inc COM 585055106 252 6593 SH SOLE 6593 Merck & Company COM 58933y105 205 5448 SH SOLE 5448 MFA Financial Inc COM 55272x102 67 10000 SH SOLE 10000 Microsoft Corp. COM 594918104 11632 448063 SH SOLE 398238 49825 Morgan Stanley COM NEW 617446448 240 15831 SH SOLE 15831 Motricity COM 620107102 64 70836 SH SOLE 2065 68771 National Oilwell Varco Inc COM 637071101 754 11084 SH SOLE 11084 Neuberger Berman CA Int Muni FDCOM 64123c101 243 15900 SH SOLE 15900 Neuberger Berman Real Estate S COM 64190a103 38 10000 SH SOLE 10000 Nuveen Build Amercia Bond Fd COM 67074c103 489 23798 SH SOLE 10950 12848 Nuveen CA Muni Value Fund COM 67062c107 4300 452126 SH SOLE 439383 12743 Nuveen Multi-Strategy Inc & Gr COM 67073b106 203 25329 SH SOLE 13432 11897 Nuveen Multi-Strategy Inc & G2 COM SHS 67073d102 154 19174 SH SOLE 3710 15464 Nuveen Municipal Value Fund COM 670928100 126 12900 SH SOLE 12900 Nuveen Sel Tax Free Inc II SH BEN INT 67063c106 846 62400 SH SOLE 62400 Occidental Petroleum COM 674599105 9818 104778 SH SOLE 92685 12093 Oculus Innovative Sciences Inc COM 67575p108 35 33778 SH SOLE 33778 Office Max Inc COM 67622m108 50 11000 SH SOLE 11000 Oracle Corp COM 68389x105 295 11489 SH SOLE 11489 Paramount Gold & Silver Corp COM 69924p102 34 16000 SH SOLE 16000 PCM Fund Inc COM 69323t101 9552 886862 SH SOLE 819967 66895 Pepsico Inc COM 713448108 8426 126989 SH SOLE 113895 13094 Pfizer Inc. COM 717081103 706 32604 SH SOLE 32309 295 Phillip Morris International COM 718172109 14360 182977 SH SOLE 166116 16861 Pimco CA Muni Income Fund III COM 72201c109 1849 189472 SH SOLE 189472 Pimco Income Strategy Fund COM 72201h108 577 55443 SH SOLE 54901 542 Pimco Income Strategy Fund II COM 72201j104 5348 584529 SH SOLE 534177 50352 Proctor & Gamble Co COM 742718109 339 5082 SH SOLE 5082 Public Storage COM 74460d109 351 2611 SH SOLE 2611 Qualcomm Inc COM 747525103 15367 280931 SH SOLE 112146 168785 Republic Services Inc. COM 760759100 11090 402553 SH SOLE 351564 50989 Royal Bank of Scotland 7.25% T SP ADR PREF T 780097713 156 12200 SH SOLE 12200 Rubicon Minerals corp COM 780911103 53 14000 SH SOLE 14000 S&P Dep Receipts Trust Ser I UNIT SER I 78462f103 1595 12707 SH SOLE 9957 2750 Schlumberger Ltd COM 806857108 1111 16257 SH SOLE 16257 Schwab Emerging Markets ETF EMRG MKTEQ ETF 808524706 5556 242960 SH SOLE 214519 28441 Schwab Int'l Large Cap Eq ETF INTL EQTY ETF 808524805 4176 178232 SH SOLE 160053 18179 Schwab Large Cap Blend - ETF US LRG CAP ETF 808524201 2805 93972 SH SOLE 85407 8565 SPDR Gold Trust GOLD SHS 78463v107 961 6325 SH SOLE 6325 Starbucks Corp COM 855244109 238 5167 SH SOLE 5167 Starwood Property Trust COM 85571b105 235 12700 SH SOLE 11700 1000 Suncor Energy Inc COM 867224107 4109 142529 SH SOLE 125711 16818 Teva Pharmeceutical ADR 881624209 9099 225455 SH SOLE 201583 23872 TJX Companies Inc. COM 872540109 5041 78091 SH SOLE 69305 8786 Total S A Spon ADR SPONSORED ADR 89151E109 279 5461 SH SOLE 5350 111 TSW Strategic Income Fund Inc COM 872340104 122 25208 SH SOLE 5706 19502 United Parcel Service CL B CL B 911312106 9781 133634 SH SOLE 119896 13738 United Technologies Corp COM 913017109 313 4283 SH SOLE 4283 Verizon Communications COM 92343v104 262 6535 SH SOLE 6535 Wal Mart Stores Inc COM 931142103 215 3602 SH SOLE 3602 Wellpoint Health Networks COM 94973v107 9076 137003 SH SOLE 121053 15950 Wells Fargo & Co COM 949746101 393 14255 SH SOLE 14255 Wells Fargo Multi-Sect Inc FD COM SHS 94987d101 5621 380320 SH SOLE 352427 27893 Western Asset Inter Muni Fund COM 958435109 153 15600 SH SOLE 15600 Western Union Co COM 959802109 9915 542984 SH SOLE 475476 67508