Managing Director

0001666179-17-000002.txt : 20170214 0001666179-17-000002.hdr.sgml : 20170214 20170214125745 ACCESSION NUMBER: 0001666179-17-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170214 DATE AS OF CHANGE: 20170214 EFFECTIVENESS DATE: 20170214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Laurel Wealth Advisors, Inc. CENTRAL INDEX KEY: 0001666179 IRS NUMBER: 452299422 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-17401 FILM NUMBER: 17606113 BUSINESS ADDRESS: STREET 1: 8008 GIRARD AVENUE STREET 2: SUITE 330 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: 858-459-1101 MAIL ADDRESS: STREET 1: 8008 GIRARD AVENUE STREET 2: SUITE 330 CITY: LA JOLLA STATE: CA ZIP: 92037 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001666179 XXXXXXXX 12-31-2016 12-31-2016 Laurel Wealth Advisors, Inc.

8008 GIRARD AVENUE SUITE 330 LA JOLLA CA 92037

13F HOLDINGS REPORT 028-17401 N Mark Welsh Managing Director 858-459-1101 Mark Welsh La Jolla CA 02-14-2017 0 291 226002 false INFORMATION TABLE 2 lwa13f4thqtr.xml 3M CO COMMON STOCK 88579Y101 4733 26507 SH SOLE 0 26507 0 0 AAON INC COM PAR $0.004 COMMON STOCK 000360206 496 15000 SH SOLE 0 15000 0 0 ABBOTT LABS COMMON STOCK 002824100 430 11187 SH SOLE 0 11187 0 0 ABBVIE INC COMMON STOCK 00287Y109 872 13931 SH SOLE 0 13931 0 0 ALERIAN MLP ETF 00162Q866 213 16903 SH SOLE 0 16903 0 0 ALLERGAN PLC SHS COMMON STOCK G0177J108 342 1629 SH SOLE 0 1464 0 165 ALPHABET INC CAPT STK CL A STOCK 02079K305 843 1064 SH SOLE 0 819 0 245 ALPHABET INC CAPT STK CL C COMMON STOCK 02079K107 2647 3429 SH SOLE 0 3384 0 45 ALPS SECTOR DIVIDEND DOGS ETF 00162Q858 2640 62748 SH SOLE 0 62748 0 0 ALTISOURCE RESIDENTIAL CORP CL B REIT 02153W100 611 55327 SH SOLE 0 55327 0 0 ALTRIA GROUP INC COMMON STOCK 02209S103 2378 35168 SH SOLE 0 35168 0 0 AMAZON COM INC COMMON STOCK 023135106 769 1026 SH SOLE 0 1026 0 0 AMAZON COM INC CALL 023135106 750 1000 SH SOLE 0 1000 0 0 AMERICAN ELEC PWR INC COMMON STOCK 025537101 1502 23858 SH SOLE 0 23858 0 0 AMERICAN EXPRESS CO COMMON STOCK 025816109 311 4193 SH SOLE 0 4193 0 0 AMERIGAS PARTNERS LP COMMON STOCK 030975106 1786 37285 SH SOLE 0 37285 0 0 AMGEN INC COMMON STOCK 031162100 690 4722 SH SOLE 0 3124 0 1598 AMGEN INC CALL 031162100 14 100 SH SOLE 0 100 0 0 ANNALY CAP MGMT INC COMMON STOCK 035710409 160 16143 SH SOLE 0 16143 0 0 AON PLC SHS CL A COMMON STOCK G0408V102 393 3532 SH SOLE 0 3532 0 0 APPLE INC COMMON STOCK 037833100 12251 105777 SH SOLE 0 101253 0 4524 APPLE INC CALL 037833100 115 1000 SH SOLE 0 1000 0 0 APPLE INC CALL 037833100 11 100 SH SOLE 0 100 0 0 APTEVO THERAPEUTICS INC COM COMMON STOCK 03835L108 41 16850 SH SOLE 0 16850 0 0 ARCHER DANIELS MIDLAND CO COMMON STOCK 039483102 286 6285 SH SOLE 0 1621 0 4664 ASHFORD HOSPITALITY PRIME INC REIT 044102101 188 13845 SH SOLE 0 13845 0 0 AT&T INC COMMON STOCK 00206R102 3098 72859 SH SOLE 0 72859 0 0 AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 248 2413 SH SOLE 0 2413 0 0 AVISTA CORP COMMON STOCK 05379B107 1539 38488 SH SOLE 0 38488 0 0 BANK AMER CORP 7.25%CNV PFD L 060505682 315 270 SH SOLE 0 270 0 0 BANK AMER CORP COMMON STOCK 060505104 1596 72248 SH SOLE 0 72248 0 0 BANK AMER CORP CALL 060505104 22 1000 SH SOLE 0 1000 0 0 BANK N S HALIFAX COM COMMON STOCK 064149107 467 8405 SH SOLE 0 8405 0 0 BCE INC COM NEW COMMON STOCK 05534B760 1415 32743 SH SOLE 0 32743 0 0 BERKSHIRE HATHAWAY INC DEL CL A COMMON STOCK 084670108 244 1 SH SOLE 0 1 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW COMMON STOCK 084670702 1055 6479 SH SOLE 0 6479 0 0 BIOGEN INC COM COMMON STOCK 09062X103 264 934 SH SOLE 0 934 0 0 BLACKROCK MUNIYIELD CALI QLTY COM CEF 09254N103 411 28370 SH SOLE 0 28370 0 0 BLACKROCK TAX MUNICIPAL BOND TRUST CEF 09248X100 452 20930 SH SOLE 0 20930 0 0 BLACKSTONE GROUP LP MLP 09253U108 245 9100 SH SOLE 0 2000 0 7100 BLUEROCK RESIDENTIAL GRW REIT COM CL A REIT 09627J102 170 12400 SH SOLE 0 12400 0 0 BOEING CO COM COMMON STOCK 097023105 643 4135 SH SOLE 0 4135 0 0 BP PLC SPONSORED ADR ADR 055622104 221 5918 SH SOLE 0 5918 0 0 BRISTOL MYERS SQUIBB CO COM COMMON STOCK 110122108 383 6558 SH SOLE 0 6558 0 0 BROADCOM LTD SHS COMMON STOCK Y09827109 294 1668 SH SOLE 0 1668 0 0 BROADCOM LTD SHS CALL Y09827109 17 100 SH SOLE 0 100 0 0 BROOKFIELD INFRAST PARTNERS LP LP INT UNIT MLP G16252101 1561 46650 SH SOLE 0 46650 0 0 CARNIVAL CORP PAIRED CTF COMMON STOCK 143658300 350 6737 SH SOLE 0 6737 0 0 CARNIVAL CORP PAIRED CTF CALL 143658300 20 400 SH SOLE 0 400 0 0 CATERPILLAR INC DEL COM COMMON STOCK 149123101 241 2599 SH SOLE 0 2599 0 0 CELGENE CORP COM COMMON STOCK 151020104 415 3587 SH SOLE 0 3587 0 0 CELGENE CORP COM CALL 151020104 11 100 SH SOLE 0 100 0 0 CHEVRON CORP NEW COM COMMON STOCK 166764100 5008 42551 SH SOLE 0 41701 0 850 CHIPOTLE MEXICAN GRILL INC COM COMMON STOCK 169656105 99 263 SH SOLE 0 263 0 0 CHIPOTLE MEXICAN GRILL INC COM CALL 169656105 37 100 SH SOLE 0 100 0 0 CHIPOTLE MEXICAN GRILL INC COM CALL 169656105 37 100 SH SOLE 0 100 0 0 CHIPOTLE MEXICAN GRILL INC COM CALL 169656105 113 300 SH SOLE 0 300 0 0 CISCO SYS INC COMMON STOCK 17275R102 2494 82544 SH SOLE 0 82544 0 0 CISCO SYS INC CALL 17275R102 30 1000 SH SOLE 0 1000 0 0 CITIGROUP INC COM NEW COMMON STOCK 172967424 1121 18868 SH SOLE 0 12818 0 6050 CLEARBRIDGE ENERGY MLP FD INC COM CEF 184692101 373 23991 SH SOLE 0 23991 0 0 CLEARBRIDGE ENERGY MLP OPP FD COM CEF 18469P100 185 14178 SH SOLE 0 14178 0 0 CLOROX CO COMMON STOCK 189054109 221 1845 SH SOLE 0 1845 0 0 COCA COLA CO COM COMMON STOCK 191216100 2035 49089 SH SOLE 0 49089 0 0 COMCAST CORP NEW CL A COMMON STOCK 20030N101 348 5042 SH SOLE 0 4892 0 150 COMPASS MINERALS INTL INC COM COMMON STOCK 20451N101 238 3041 SH SOLE 0 3041 0 0 CONOCOPHILLIPS COM COMMON STOCK 20825C104 432 8618 SH SOLE 0 4494 0 4124 CONSOLIDATED EDISON INC COM COMMON STOCK 209115104 4149 56320 SH SOLE 0 56320 0 0 CONSTELLATION BRANDS INC CL A COMMON STOCK 21036P108 1522 9931 SH SOLE 0 9931 0 0 CONSUMER STAPLES SELECT SECTOR SPDR FUND ETF 81369Y308 5002 96750 SH SOLE 0 96750 0 0 CORE LABORATORIES N V COM COMMON STOCK N22717107 240 2006 SH SOLE 0 110 0 1896 COSTCO WHSL CORP NEW COM COMMON STOCK 22160K105 425 2655 SH SOLE 0 2655 0 0 COTY INC COM CL A COMMON STOCK 222070203 520 28408 SH SOLE 0 28408 0 0 CVS HEALTH CORP COM COMMON STOCK 126650100 342 4336 SH SOLE 0 4336 0 0 DEERE & CO COM COMMON STOCK 244199105 308 2990 SH SOLE 0 735 0 2255 DEPOMED INC COM COMMON STOCK 249908104 213 11835 SH SOLE 0 11835 0 0 DIAGEO PLC ADR 25243Q205 1140 10970 SH SOLE 0 10970 0 0 DISNEY WALT CO COM DISNEY COMMON STOCK 254687106 2135 20488 SH SOLE 0 20488 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 20 200 SH SOLE 0 200 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 10 100 SH SOLE 0 100 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 20 200 SH SOLE 0 200 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 31 300 SH SOLE 0 300 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 208 2000 SH SOLE 0 2000 0 0 DOUBLELINE OPPORTUNISTIC CR FD COM CEF 258623107 233 10097 SH SOLE 0 10097 0 0 DOW CHEM CO COM COMMON STOCK 260543103 450 7874 SH SOLE 0 7874 0 0 DREYFUS STRATEGIC MUN BD FD COM CEF 26202F107 325 40450 SH SOLE 0 40450 0 0 DU PONT E I DE NEMOURS & CO COM COMMON STOCK 263534109 462 6305 SH SOLE 0 6305 0 0 DUKE ENERGY CORP NEW COM NEW COMMON STOCK 26441C204 1028 13249 SH SOLE 0 13249 0 0 EATON VANCE TXMGD DL BUYWR OPP COM CEF 27829C105 423 42050 SH SOLE 0 42050 0 0 EDISON INTL COM COMMON STOCK 281020107 453 6304 SH SOLE 0 6304 0 0 EMERSON ELEC CO COM COMMON STOCK 291011104 835 14994 SH SOLE 0 14994 0 0 ENERGY TRANSFER EQUITY L P COM UT LTD PTN MLP 29273V100 603 31237 SH SOLE 0 31237 0 0 ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN MLP 29273R109 201 5627 SH SOLE 0 5627 0 0 ENTERPRISE PRODS PARTNERS L P COM MLP 293792107 564 20892 SH SOLE 0 20892 0 0 EPR PPTYS PFD C CNV 5.75% 26884U208 387 13600 SH SOLE 0 13600 0 0 EXPRESS SCRIPTS HLDG CO COM COMMON STOCK 30219G108 696 10118 SH SOLE 0 10118 0 0 EXXON MOBIL CORPORATION COMMON STOCK 30231G102 2462 27282 SH SOLE 0 27278 0 4 FACEBOOK INC CL A COMMON STOCK 30303M102 1286 11185 SH SOLE 0 11060 0 125 FACEBOOK INC CL A CALL 30303M102 230 2000 SH SOLE 0 2000 0 0 FEDEX CORP COM COMMON STOCK 31428X106 205 1101 SH SOLE 0 1101 0 0 FIDELITY NATL INFORMATION SVCS COM COMMON STOCK 31620M106 221 2928 SH SOLE 0 2928 0 0 FIFTH THIRD BANCORP COM COMMON STOCK 316773100 322 11955 SH SOLE 0 105 0 11850 FIRST TRUST LARGE CAP CORE ALPHADEX FUND ETF 33734K109 623 12784 SH SOLE 0 12784 0 0 FIRST TRUST MORNINGSTARDIVIDEND LEADERS ETF 336917109 200 7207 SH SOLE 0 7207 0 0 FIRST TRUST PREFERRED SECURITIES AND INCOME ETF ETF 33739E108 298 15734 SH SOLE 0 15734 0 0 FIRST TRUST SMALL CAP CORE ALPHADEX FUND ETF 33734Y109 329 6118 SH SOLE 0 6118 0 0 FIRST TRUST VALUE LINE DIVIDEND INDEX FUND ETF 33734H106 213 7620 SH SOLE 0 7620 0 0 FORD MTR CO DEL COM PAR $0.01 COMMON STOCK 345370860 484 39952 SH SOLE 0 39952 0 0 FORD MTR CO DEL COM PAR $0.02 CALL 345370860 14 1200 SH SOLE 0 1200 0 0 FRONTIER COMMUNICATIONS CORP COM COMMON STOCK 35906A108 73 21885 SH SOLE 0 21885 0 0 GALECTIN THERAPEUTICS INC COM COMMON STOCK 363225202 9 10000 SH SOLE 0 10000 0 0 GENERAL ELECTRIC CO COM COMMON STOCK 369604103 5617 177758 SH SOLE 0 170809 0 6949 GENERAL MTRS CO COM COMMON STOCK 37045V100 694 19923 SH SOLE 0 19923 0 0 GENUINE PARTS CO COM COMMON STOCK 372460105 1188 12438 SH SOLE 0 12438 0 0 GILEAD SCIENCES INC COM COMMON STOCK 375558103 515 7192 SH SOLE 0 4262 0 2930 GILEAD SCIENCES INC COM CALL 375558103 7 100 SH SOLE 0 100 0 0 GILEAD SCIENCES INC COM CALL 375558103 21 300 SH SOLE 0 300 0 0 GILEAD SCIENCES INC COM CALL 375558103 71 1000 SH SOLE 0 1000 0 0 GILEAD SCIENCES INC COM CALL 375558103 14 200 SH SOLE 0 200 0 0 GILEAD SCIENCES INC COM CALL 375558103 50 700 SH SOLE 0 700 0 0 GILEAD SCIENCES INC COM CALL 375558103 14 200 SH SOLE 0 200 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR ADR 37733W105 1109 28801 SH SOLE 0 28801 0 0 GLOBAL X SUPERDIVIDEND ETF ETF 37950E549 212 10200 SH SOLE 0 10200 0 0 GLOBALSTAR INC COM COMMON STOCK 378973408 16 10700 SH SOLE 0 10700 0 0 GOLDMAN SACHS ACTIVEBETA U.S. ETF 381430503 1172 26437 SH SOLE 0 26437 0 0 GRAN TIERRA ENERGY INC COM COMMON STOCK 38500T101 30 10000 SH SOLE 0 10000 0 0 HCP INC COM REIT 40414L109 703 23664 SH SOLE 0 23664 0 0 HEALTH CARE SELECT SECTOR SPDR FUND ETF 81369Y209 206 3001 SH SOLE 0 3001 0 0 HOME DEPOT INC COM COMMON STOCK 437076102 872 6511 SH SOLE 0 6511 0 0 HONEYWELL INTL INC COM COMMON STOCK 438516106 222 1917 SH SOLE 0 1917 0 0 ILLINOIS TOOL WORKS INC COMMON STOCK 452308109 444 3629 SH SOLE 0 3629 0 0 ILLUMINA INC COM COMMON STOCK 452327109 649 5073 SH SOLE 0 5073 0 0 ILLUMINA INC COM CALL 452327109 12 100 SH SOLE 0 100 0 0 INTEL CORP COM COMMON STOCK 458140100 723 19941 SH SOLE 0 19941 0 0 INTL BUSINESS MACHINES COMMON STOCK 459200101 963 5806 SH SOLE 0 5806 0 0 ISHARES CORE S&P 500 ETF ETF 464287200 3655 16249 SH SOLE 0 16249 0 0 ISHARES GLOBAL INFRASTRUCTURE ETF ETF 464288372 285 7301 SH SOLE 0 7301 0 0 ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF 464287242 478 4080 SH SOLE 0 4080 0 0 ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF ETF 464288281 669 6072 SH SOLE 0 6072 0 0 ISHARES MSCI EAFE ETF ETF 464287465 679 11767 SH SOLE 0 11767 0 0 ISHARES MSCI EAFE VALUE ETF ETF 464288877 374 7916 SH SOLE 0 7916 0 0 ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 195 5595 SH SOLE 0 5475 0 120 ISHARES MSCI EMERGING MARKETS ETF CALL 464287234 35 1000 SH SOLE 0 1000 0 0 ISHARES AMT-FREE MUNI BOND ETF ETF 464288414 1079 9975 SH SOLE 0 9975 0 0 ISHARES RUSSELL 2000 ETF ETF 464287655 1265 9387 SH SOLE 0 9387 0 0 ISHARES RUSSELL 2000 VALUE ETF ETF 464287630 561 4722 SH SOLE 0 4722 0 0 ISHARES S&P 500 GROWTH ETF ETF 464287309 205 1688 SH SOLE 0 1688 0 0 ISHARES S&P 500 VALUE ETF ETF 464287408 507 5008 SH SOLE 0 5008 0 0 ISHARES S&P MID-CAP 400 VALUE ETF ETF 464287705 490 3376 SH SOLE 0 3376 0 0 ISHARES S&P MIDCAP FUND ETF 464287507 1178 7125 SH SOLE 0 7125 0 0 ISHARES SELECT DIVIDEND ETF ETF 464287168 204 2313 SH SOLE 0 2313 0 0 ISHARES U.S. PREFERRED STOCK ETF ETF 464288687 557 14982 SH SOLE 0 14982 0 0 JOHNSON & JOHNSON COM COMMON STOCK 478160104 5354 46479 SH SOLE 0 46429 0 50 JPMORGAN CHASE & CO COM COMMON STOCK 46625H100 1043 12091 SH SOLE 0 12091 0 0 JPMORGAN CHASE & CO COM CALL 46625H100 86 1000 SH SOLE 0 1000 0 0 KB HOME COM COMMON STOCK 48666K109 728 46109 SH SOLE 0 46109 0 0 KELLOGG CO COMMON STOCK 487836108 828 11239 SH SOLE 0 11239 0 0 KEYCORP NEW PFD 7.75% SR A 493267405 780 5785 SH SOLE 0 5785 0 0 KIMBERLY CLARK CORP COM COMMON STOCK 494368103 1628 14272 SH SOLE 0 14272 0 0 KINDER MORGAN INC COMMON STOCK 49456B101 751 36309 SH SOLE 0 28116 0 8193 KINDER MORGAN INC DEL COM CALL 49456B101 20 1000 SH SOLE 0 1000 0 0 KINGSTONE COS INC COM COMMON STOCK 496719105 406 29570 SH SOLE 0 29570 0 0 KKR & CO L P DEL COM UNITS COMMON STOCK 48248M102 166 10850 SH SOLE 0 10725 0 125 KNOWLES CORP COM COMMON STOCK 49926D109 234 14045 SH SOLE 0 14045 0 0 Kraft Heinz Co COMMON STOCK 500754106 1344 15399 SH SOLE 0 15399 0 0 LASALLE HOTEL PPTYS COM SH BEN INT REIT 517942108 939 30825 SH SOLE 0 30825 0 0 LIBERTY ALL STAR EQUITY FD SH BEN INT CEF 530158104 73 14244 SH SOLE 0 14244 0 0 LIBERTY ALL-STAR GROWTH FD INC COM CEF 529900102 96 23165 SH SOLE 0 23165 0 0 LILLY ELI & CO COM COMMON STOCK 532457108 385 5242 SH SOLE 0 5242 0 0 LILLY ELI & CO COM CALL 532457108 14 200 SH SOLE 0 200 0 0 LOCKHEED MARTIN CORP COMMON STOCK 539830109 406 1625 SH SOLE 0 1625 0 0 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP MLP 559080106 1858 24573 SH SOLE 0 24573 0 0 MAGNEGAS CORP COM NEW COMMON STOCK 55939L202 7 16900 SH SOLE 0 16900 0 0 MCDONALD'S CORP COMMON STOCK 580135101 681 5599 SH SOLE 0 5599 0 0 MERCK & CO INC COMMON STOCK 58933Y105 1080 18346 SH SOLE 0 14688 0 3658 MGM RESORTS INTERNATIONAL COM COMMON STOCK 552953101 248 8631 SH SOLE 0 8631 0 0 MICROSOFT CORP COMMON STOCK 594918104 4464 71849 SH SOLE 0 71849 0 0 MICROSOFT CORP CALL 594918104 12 200 SH SOLE 0 200 0 0 MITSUBISHI UFJ FINL GROUP INC SPONSORED ADR ADR 606822104 139 22658 SH SOLE 0 22658 0 0 MONDELEZ INTL INC CL A COMMON STOCK 609207105 463 10465 SH SOLE 0 10465 0 0 MONMOUTH REAL ESTATE INVT CORP CL A REIT 609720107 1582 103864 SH SOLE 0 103864 0 0 MONSANTO CO NEW COM COMMON STOCK 61166W101 394 3753 SH SOLE 0 3753 0 0 MOSAIC CO NEW COM COMMON STOCK 61945C103 304 10383 SH SOLE 0 4228 0 6155 NATIONAL GRID PLC SPON ADR NEW ADR 636274300 364 6245 SH SOLE 0 6245 0 0 NAVIGATOR HOLDINGS LTD SHS COMMON STOCK Y62132108 107 11607 SH SOLE 0 200 0 11407 NETFLIX INC COM COMMON STOCK 64110L106 408 3302 SH SOLE 0 3302 0 0 NOKIA CORP SPONSORED ADR ADR 654902204 125 26087 SH SOLE 0 26087 0 0 NOVARTIS AG ADR ADR 66987V109 1252 17201 SH SOLE 0 17201 0 0 NU SKIN ENTERPRISES INC CL A COMMON STOCK 67018T105 238 5000 SH SOLE 0 5000 0 0 NUVECTRA CORP COM COMMON STOCK 67075N108 1081 215020 SH SOLE 0 215020 0 0 NUVEEN AMT FREE QLTY MUN INCME COM CEF 670657105 218 16354 SH SOLE 0 16354 0 0 NUVEEN CA QUALTY MUN INCOME FD COM CEF 67066Y105 273 19339 SH SOLE 0 19339 0 0 NUVEEN S&P 500 BUY-WRITE INC COM CEF 6706ER101 203 16000 SH SOLE 0 16000 0 0 OCCIDENTAL PETE CORP DEL COM COMMON STOCK 674599105 313 4399 SH SOLE 0 4399 0 0 OCEANEERING INTL INC COM COMMON STOCK 675232102 240 8522 SH SOLE 0 2590 0 5932 PARKER DRILLING CO COM COMMON STOCK 701081101 26 10000 SH SOLE 0 10000 0 0 PAYCHEX INC COMMON STOCK 704326107 326 5368 SH SOLE 0 5368 0 0 PEPSICO INC COM COMMON STOCK 713448108 1887 18041 SH SOLE 0 18041 0 0 PFIZER INC COM COMMON STOCK 717081103 1661 51144 SH SOLE 0 45501 0 5643 PG&E CORP COM COMMON STOCK 69331C108 207 3418 SH SOLE 0 3418 0 0 PHILIP MORRIS INTL INC COMMON STOCK 718172109 1205 13180 SH SOLE 0 13180 0 0 PHILLIPS 66 COMMON STOCK 718546104 1690 19562 SH SOLE 0 17984 0 1578 PINNACLE WEST CAP CORP COM COMMON STOCK 723484101 441 5661 SH SOLE 0 5661 0 0 POLARIS INDS INC COM COMMON STOCK 731068102 324 3943 SH SOLE 0 3943 0 0 POTLATCH CORP NEW COM REIT 737630103 786 18879 SH SOLE 0 18879 0 0 POWERSHARES BUILD AMERICA BOND PORTFOLIO ETF 73937B407 297 10242 SH SOLE 0 10242 0 0 POWERSHARES FTSE RAFI US 1000 PORTFOLIO ETF 73935X583 406 4080 SH SOLE 0 4080 0 0 POWERSHARES QQQ ETF ETF 73935A104 1460 12327 SH SOLE 0 12327 0 0 POWERSHARES S&P 500 HIGH DIVIDEND LOW VOLATILITY PORTFOLIO ETF 73937B654 514 13125 SH SOLE 0 13125 0 0 PPL CORP COM COMMON STOCK 69351T106 2556 75068 SH SOLE 0 75068 0 0 PRAXAIR INC COMMON STOCK 74005P104 375 3208 SH SOLE 0 3208 0 0 PROCTER & GAMBLE CO COM COMMON STOCK 742718109 5100 60659 SH SOLE 0 60659 0 0 PUBLIC STORAGE COM COMMON STOCK 74460D109 265 1188 SH SOLE 0 1188 0 0 PUBLIC SVC ENTERPRISE GROUP COM COMMON STOCK 744573106 281 6414 SH SOLE 0 6414 0 0 QUALCOMM INC COMMON STOCK 747525103 1561 23953 SH SOLE 0 23953 0 0 QUALCOMM INC COM CALL 747525103 1304 20000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 260 4000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 260 4000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 260 4000 SH SOLE 0 0 0 0 REALTY INCOME CORP COM REIT 756109104 2064 35909 SH SOLE 0 359009 0 0 ROYAL CARIBBEAN CRUISES LTD COM COMMON STOCK V7780T103 792 9655 SH SOLE 0 9655 0 0 ROYAL DUTCH SHELL PLC SPON ADR B ADR 780259107 560 9665 SH SOLE 0 9665 0 0 S&P GLOBAL INC COM COMMON STOCK 78409V104 528 4916 SH SOLE 0 4916 0 0 SCHLUMBERGER LTD COM COMMON STOCK 806857108 688 8196 SH SOLE 0 3126 0 5070 SCHWAB CHARLES CORP NEW COM COMMON STOCK 808513105 287 7274 SH SOLE 0 1896 0 5378 SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 283 10246 SH SOLE 0 10246 0 0 SCHWAB SHORT-TERM U.S. TREASURY ETF ETF 808524862 1590 31551 SH SOLE 0 31551 0 0 SCHWAB U.S. BROAD MARKET ETF ETF 808524102 249 4600 SH SOLE 0 4600 0 0 SCHWAB U.S. LARGE-CAP ETF ETF 808524201 441 8284 SH SOLE 0 8284 0 0 SEMPRA ENERGY COM COMMON STOCK 816851109 1157 11502 SH SOLE 0 11502 0 0 SOPHIRIS BIO INC COM NEW COMMON STOCK 83578Q209 28 10000 SH SOLE 0 10000 0 0 SOTHERLY HOTELS INC COM REIT 83600C103 926 136450 SH SOLE 0 136450 0 0 SOUTHERN CO COM COMMON STOCK 842587107 1465 29794 SH SOLE 0 29794 0 0 SPDR DOW JONES INDUSTRIAL AVERAGE ETF ETF 78467X109 4 23 SH SOLE 0 23 0 0 SPDR DOW JONES INDUSTRIAL AVERAGE ETF PUT 78467X109 197 1000 SH SOLE 0 1000 0 0 SPDR S&P 500 ETF ETF 78462F103 1295 5795 SH SOLE 0 5795 0 0 SPDR S&P DIVIDEND ETF ETF 78464A763 1361 15916 SH SOLE 0 15916 0 0 SPECTRA ENERGY PARTNERS LP COM MLP 84756N109 1320 28802 SH SOLE 0 28802 0 0 STARBUCKS CORP COM COMMON STOCK 855244109 481 8681 SH SOLE 0 8681 0 0 STATOIL ASA SPONSORED ADR ADR 85771P102 313 17185 SH SOLE 0 17185 0 0 SUNCOR ENERGY INC NEW COM COMMON STOCK 867224107 235 7204 SH SOLE 0 1174 0 6030 SYSCO CORP COM COMMON STOCK 871829107 559 10103 SH SOLE 0 10103 0 0 TARGET CORP COM COMMON STOCK 87612E106 256 3550 SH SOLE 0 3550 0 0 TASER INTL INC COM COMMON STOCK 87651B104 268 11062 SH SOLE 0 4535 0 6527 TC PIPELINES LP UT COM LTD PRT MLP 87233Q108 822 13977 SH SOLE 0 13977 0 0 TELEFONICA S A SPONSORED ADR ADR 879382208 106 11591 SH SOLE 0 11591 0 0 TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 674 18611 SH SOLE 0 18611 0 0 TEXAS INSTRS INC COM COMMON STOCK 882508104 243 3340 SH SOLE 0 3340 0 0 TIME INC NEW COM COMMON STOCK 887228104 393 22017 SH SOLE 0 22017 0 0 TJX COS INC NEW COM COMMON STOCK 872540109 208 2777 SH SOLE 0 2777 0 0 TOWN SPORTS INTL HLDGS INC COM COMMON STOCK 89214A102 37 15000 SH SOLE 0 15000 0 0 UNITED PARCEL SERVICE INC CL B COMMON STOCK 911312106 357 3119 SH SOLE 0 3119 0 0 UNITEDHEALTH GROUP INC COM COMMON STOCK 91324P102 391 2445 SH SOLE 0 2445 0 0 US BANCORP DEL COM NEW COMMON STOCK 902973304 511 9955 SH SOLE 0 9955 0 0 UTILITIES SELECT SECTOR SPDR ETF ETF 81369Y886 1660 34193 SH SOLE 0 34193 0 0 V F CORP COM COMMON STOCK 918204108 240 4502 SH SOLE 0 4502 0 0 VALIDUS HOLDINGS LTD COM SHS COMMON STOCK G9319H102 453 8250 SH SOLE 0 8250 0 0 VANECK VECTORS INVESTMENT GRADE FLOATING ETF 92189F486 610 24427 SH SOLE 0 24427 0 0 VANECK VECTORS MORNINGSTAR WIDE MOAT ETF ETF 92189F643 251 6200 SH SOLE 0 6200 0 0 VANGUARD CONSUMER STAPLES FUND ETF 92204A207 404 3017 SH SOLE 0 3017 0 0 VANGUARD DIVIDEND APPRECIATION INDEX FUND ETF 921908844 383 4498 SH SOLE 0 4498 0 0 VANGUARD EXTENDED MARKET INDEX FUND ETF 922908652 214 2239 SH SOLE 0 2239 0 0 VANGUARD FTSE ALL-WORLD EX US INDEX FUND ETF 922042775 345 7820 SH SOLE 0 7820 0 0 VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 371 10171 SH SOLE 0 10171 0 0 VANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF 921946406 720 9513 SH SOLE 0 9513 0 0 VANGUARD INFORMATION TECHNOLOGY INDEX FUND ETF 92204A702 237 1950 SH SOLE 0 1950 0 0 VANGUARD REIT ETF ETF 922908553 325 3947 SH SOLE 0 3947 0 0 VANGUARD S&P 500 ETF ETF 922908363 1855 9038 SH SOLE 0 9038 0 0 VANGUARD SHORT-TERM BOND INDEX FUND ETF 921937827 221 2794 SH SOLE 0 2794 0 0 VANGUARD SMALL-CAP INDEX FUND ETF 922908751 510 3961 SH SOLE 0 3961 0 0 VANGUARD TOTAL BOND MARKET ETF ETF 921937835 1468 18175 SH SOLE 0 18175 0 0 VANGUARD TOTAL INTERNATIONAL BOND ETF ETF 92203J407 247 4565 SH SOLE 0 4565 0 0 VANGUARD TOTAL STOCK MARKET INDEX FUND ETF 922908769 3411 29579 SH SOLE 0 29579 0 0 VANGUARD VALUE ETF ETF 922908744 266 2867 SH SOLE 0 2867 0 0 VECTRUS INC COM COMMON STOCK 92242T101 548 23012 SH SOLE 0 23012 0 0 VENTAS INC COM REIT 92276F100 465 7440 SH SOLE 0 7440 0 0 VERIZON COMMUNICATIONS COMMON STOCK 92343V104 3997 74881 SH SOLE 0 74881 0 0 VIRNETX HLDG CORP COM COMMON STOCK 92823T108 121 55200 SH SOLE 0 55200 0 0 VISA INC COM CL A COMMON STOCK 92826C839 323 4150 SH SOLE 0 4150 0 0 VMWARE INC CL A COM COMMON STOCK 928563402 359 4571 SH SOLE 0 4571 0 0 WALGREENS BOOTS ALLIANCE INC COMMON STOCK 931427108 221 2677 SH SOLE 0 2677 0 0 WAL-MART STORES INC COM COMMON STOCK 931142103 662 9588 SH SOLE 0 9588 0 0 WEATHERFORD INTL PLC ORD SHS COMMON STOCK G48833100 62 12526 SH SOLE 0 12526 0 0 WEC ENERGY GROUP INC COM COMMON STOCK 92939U106 448 7652 SH SOLE 0 7652 0 0 WELLS FARGO & CO NEW COM COMMON STOCK 949746101 1753 31824 SH SOLE 0 31824 0 0 WELLS FARGO & CO NEW COM CALL 949746101 27 500 SH SOLE 0 500 0 0 WELLTOWER INC COM REIT 95040Q104 1315 19661 SH SOLE 0 19661 0 0 WESTAR ENERGY INC COM COMMON STOCK 95709T100 291 5175 SH SOLE 0 5175 0 0 WEYERHAEUSER CO COM REIT 962166104 1102 36628 SH SOLE 0 36628 0 0 WISDOMTREE EUROPE HEDGED EQUITY FUND ETF 97717X701 1278 22272 SH SOLE 0 22272 0 0 ZEDGE INC CL B COMMON STOCK 98923T104 1065 340510 SH SOLE 0 340510 0 0