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
QUALCOMM INC COMMON STOCK 747525103 57,709 771,821 SH   SOLE None 0 0 771,821
CHEVRON CORP COMMON STOCK 166764100 21,810 182,787 SH   SOLE None 0 0 182,787
GENERAL ELEC CO COMMON STOCK 369604103 21,378 834,411 SH   SOLE None 0 0 834,411
EXXON MOBIL CORP COMMON STOCK 30231G102 17,963 190,996 SH   SOLE None 0 0 190,996
JOHNSON & JOHNSON COMMON STOCK 478160104 17,547 164,620 SH   SOLE None 0 0 164,620
INTERNATIONAL BUS MACH COMMON STOCK 459200101 17,005 89,582 SH   SOLE None 0 0 89,582
PFIZER INC COMMON STOCK 717081103 16,788 567,741 SH   SOLE None 0 0 567,741
INTEL CORP COMMON STOCK 458140100 16,778 481,861 SH   SOLE None 0 0 481,861
MERCK & CO INC COMMON STOCK 58933Y105 14,847 250,458 SH   SOLE None 0 0 250,458
BANK OF AMERICA CORP COMMON STOCK 060505104 14,803 868,192 SH   SOLE None 0 0 868,192
KINDER MORGAN INC COMMON STOCK 49456B101 13,628 355,439 SH   SOLE None 0 0 355,439
GILEAD SCIENCES INC. COMMON STOCK 375558103 13,184 123,854 SH   SOLE None 0 0 123,854
J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 12,951 214,991 SH   SOLE None 0 0 214,991
FREEPORT-MCMORAN INC COMMON STOCK 35671D857 12,618 386,467 SH   SOLE None 0 0 386,467
APPLE COMPUTER INC COMMON STOCK 037833100 11,713 116,253 SH   SOLE None 0 0 116,253
CITIGROUP INC COMMON STOCK 172967424 11,538 222,657 SH   SOLE None 0 0 222,657
HOME DEPOT INC COMMON STOCK 437076102 11,202 122,110 SH   SOLE None 0 0 122,110
UNITED TECHNOLOGIES CP COMMON STOCK 913017109 10,788 102,162 SH   SOLE None 0 0 102,162
SIGMA ALDRICH COMMON STOCK 826552101 10,486 77,095 SH   SOLE None 0 0 77,095
COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 10,465 160,451 SH   SOLE None 0 0 160,451
TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 9,668 179,862 SH   SOLE None 0 0 179,862
E M C CORP MASS COMMON STOCK 268648102 9,370 320,240 SH   SOLE None 0 0 320,240
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 9,253 180,800 SH   SOLE None 0 0 180,800
PEPSICO INC COMMON STOCK 713448108 8,912 95,733 SH   SOLE None 0 0 95,733
EMERSON ELEC CO COM COMMON STOCK 291011104 8,812 140,806 SH   SOLE None 0 0 140,806
AT&T INC COMMON STOCK 00206R102 8,563 243,002 SH   SOLE None 0 0 243,002
ORACLE CORPORATION COMMON STOCK 68389X105 8,077 210,989 SH   SOLE None 0 0 210,989
NOVARTIS AG-ADR COMMON STOCK 66987V109 7,455 79,195 SH   SOLE None 0 0 79,195
VISA INC COMMON STOCK 92826C839 7,331 34,356 SH   SOLE None 0 0 34,356
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 7,220 57,611 SH   SOLE None 0 0 57,611
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 7,103 216,100 SH   SOLE None 0 0 216,100
WELLS FARGO COMPANY COMMON STOCK 949746101 7,024 135,420 SH   SOLE None 0 0 135,420
EL PASO PIPELINE PTNRS LP COMMON STOCK 283702108 6,954 173,150 SH   SOLE None 0 0 173,150
TRANSOCEAN INC COMMON STOCK 050546683 6,934 216,879 SH   SOLE None 0 0 216,879
VALE SA COMMON STOCK 91912E105 6,578 597,469 SH   SOLE None 0 0 597,469
SOUTHERN CO COMMON STOCK 842587107 5,836 133,702 SH   SOLE None 0 0 133,702
PENTAIR PLC COMMON STOCK 709631105 5,790 88,405 SH   SOLE None 0 0 88,405
DUKE ENERGY CORP COMMON STOCK 26441C204 5,764 77,088 SH   SOLE None 0 0 77,088
BP PLC-ADR COMMON STOCK 055622104 5,688 129,413 SH   SOLE None 0 0 129,413
MICROSOFT CORP COMMON STOCK 594918104 5,628 121,404 SH   SOLE None 0 0 121,404
WALT DISNEY COMPANY COMMON STOCK 254687106 5,578 62,651 SH   SOLE None 0 0 62,651
MONSANTO CO COMMON STOCK 61166W101 5,282 46,948 SH   SOLE None 0 0 46,948
AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 5,031 152,602 SH   SOLE None 0 0 152,602
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 5,026 5,026,297 SH   SOLE None 0 0 5,026,297
CHINA MOBILE HD ADR F COMMON STOCK 16941M109 4,641 78,990 SH   SOLE None 0 0 78,990
ITRON INC COMMON STOCK 465741106 4,581 116,530 SH   SOLE None 0 0 116,530
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 4,479 53,489 SH   SOLE None 0 0 53,489
PHILIP MORRIS INTL COMMON STOCK 718172109 4,379 52,501 SH   SOLE None 0 0 52,501
XYLEM INC COMMON STOCK 98419M100 3,995 112,557 SH   SOLE None 0 0 112,557
HEALTH CARE REIT INC COMMON STOCK 42217K106 3,910 62,697 SH   SOLE None 0 0 62,697
WALGREEN CO COMMON STOCK 931422109 3,790 63,950 SH   SOLE None 0 0 63,950
FLUOR CORP (NEW) COMMON STOCK 343412102 3,731 55,862 SH   SOLE None 0 0 55,862
CISCO SYS INC COMMON STOCK 17275R102 3,673 145,914 SH   SOLE None 0 0 145,914
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3,648 26,410 SH   SOLE None 0 0 26,410
OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 3,594 37,380 SH   SOLE None 0 0 37,380
REALTY INCOME CORP COMMON STOCK 756109104 3,418 83,805 SH   SOLE None 0 0 83,805
STARBUCKS CORP COMMON STOCK 855244109 3,262 43,232 SH   SOLE None 0 0 43,232
ALLSTATE CORP COMMON STOCK 020002101 3,054 49,771 SH   SOLE None 0 0 49,771
NEW YORK COMMUNITY BANK COMMON STOCK 649445103 2,834 178,575 SH   SOLE None 0 0 178,575
GOOGLE INC-CL C COMMON STOCK 38259P706 2,782 4,819 SH   SOLE None 0 0 4,819
DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 2,553 22,123 SH   SOLE None 0 0 22,123
UNDER ARMOUR INC CL A COMMON STOCK 904311107 2,407 34,835 SH   SOLE None 0 0 34,835
YUM BRANDS INC COMMON STOCK 988498101 2,374 32,981 SH   SOLE None 0 0 32,981
WAL MART STORES INC COMMON STOCK 931142103 2,269 29,670 SH   SOLE None 0 0 29,670
REPUBLIC SERVICES INC-CL A COMMON STOCK 760759100 2,012 51,565 SH   SOLE None 0 0 51,565
PENN WEST ENERGY TRUST COMMON STOCK 707887105 1,902 281,760 SH   SOLE None 0 0 281,760
WYNN RESORTS LTD COMMON STOCK 983134107 1,870 9,994 SH   SOLE None 0 0 9,994
BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 1,862 900 SH   SOLE None 0 0 900
EATON CORP PLC COMMON STOCK 086353296 1,740 27,450 SH   SOLE None 0 0 27,450
GOOGLE INC-CL A COMMON STOCK 38259P508 1,675 2,847 SH   SOLE None 0 0 2,847
ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1,594 20,932 SH   SOLE None 0 0 20,932
AMERICAN EXPRESS CO COMMON STOCK 025816109 1,479 16,893 SH   SOLE None 0 0 16,893
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515761 1,400 1,400,000 SH   SOLE None 0 0 1,400,000
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 1,337 19,605 SH   SOLE None 0 0 19,605
BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 1,270 49,350 SH   SOLE None 0 0 49,350
SEMPRA ENERGY COMMON STOCK 816851109 1,265 12,000 SH   SOLE None 0 0 12,000
JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 1,262 55,600 SH   SOLE None 0 0 55,600
3D SYSTEMS CORP COMMON STOCK 88554D205 1,230 26,515 SH   SOLE None 0 0 26,515
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1,085 21,710 SH   SOLE None 0 0 21,710
CONOCOPHILLIPS COMMON STOCK 20825C104 1,067 13,949 SH   SOLE None 0 0 13,949
DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 1,038 37,450 SH   SOLE None 0 0 37,450
KB HOME COMMON STOCK 48666K109 982 65,715 SH   SOLE None 0 0 65,715
BLACKROCK INC COMMON STOCK 09247X101 891 2,715 SH   SOLE None 0 0 2,715
SPX CORP COMMON STOCK 784635104 888 9,452 SH   SOLE None 0 0 9,452
SCHLUMBERGER LTD COMMON STOCK 806857108 867 8,529 SH   SOLE None 0 0 8,529
SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 848 847,841 SH   SOLE None 0 0 847,841
RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 833 56,914 SH   SOLE None 0 0 56,914
SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 800 800,000 SH   SOLE None 0 0 800,000
STRYKER CORP COMMON STOCK 863667101 772 9,560 SH   SOLE None 0 0 9,560
EDISON INTERNATIONAL COMMON STOCK 281020107 743 13,279 SH   SOLE None 0 0 13,279
EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 735 10,408 SH   SOLE None 0 0 10,408
AMAZON.COM INC COMMON STOCK 023135106 696 2,157 SH   SOLE None 0 0 2,157
BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 691 26,596 SH   SOLE None 0 0 26,596
NESTLE S A COMMON STOCK 641069406 679 9,222 SH   SOLE None 0 0 9,222
EQT CORP COMMON STOCK 26884L109 632 6,908 SH   SOLE None 0 0 6,908
PACWEST BANCORP COMMON STOCK 695263103 618 14,995 SH   SOLE None 0 0 14,995
COCA COLA CO COMMON STOCK 191216100 592 13,877 SH   SOLE None 0 0 13,877
3M COMPANY COMMON STOCK 88579Y101 560 3,954 SH   SOLE None 0 0 3,954
SYMANTEC CORP COMMON STOCK 871503108 544 23,150 SH   SOLE None 0 0 23,150
P G & E CORPORATION COMMON STOCK 69331C108 522 11,600 SH   SOLE None 0 0 11,600
CATERPILLAR INC COMMON STOCK 149123101 513 5,178 SH   SOLE None 0 0 5,178
ABBVIE INC COMMON STOCK 00287Y109 462 7,996 SH   SOLE None 0 0 7,996
AIR PRODS & CHEMS INC COMMON STOCK 009158106 456 3,500 SH   SOLE None 0 0 3,500
NIKE INC - CL B COMMON STOCK 654106103 424 4,751 SH   SOLE None 0 0 4,751
TESLA MOTORS INC COMMON STOCK 88160R101 423 1,745 SH   SOLE None 0 0 1,745
REALTY INCOME CORP 6.625% SER PREFERRED STOCK 756109807 412 15,750 SH   SOLE None 0 0 15,750
UNION PACIFIC CORP COMMON STOCK 907818108 410 3,780 SH   SOLE None 0 0 3,780
VF CORP COMMON STOCK 918204108 400 6,060 SH   SOLE None 0 0 6,060
AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 394 3,190 SH   SOLE None 0 0 3,190
HONEYWELL INTL INC COMMON STOCK 438516106 391 4,200 SH   SOLE None 0 0 4,200
SOUTHWEST GAS CORP. COMMON STOCK 844895102 379 7,800 SH   SOLE None 0 0 7,800
URBAN OUTFITTERS INC COMMON STOCK 917047102 364 9,920 SH   SOLE None 0 0 9,920
PHILLIPS 66 COMMON STOCK 718546104 362 4,455 SH   SOLE None 0 0 4,455
ENERGY TRANSFER PARTNERS LP COMMON STOCK 29273R109 359 5,606 SH   SOLE None 0 0 5,606
ABBOTT LABS COMMON STOCK 002824100 337 8,099 SH   SOLE None 0 0 8,099
LOWE'S COMPANIES COMMON STOCK 548661107 323 6,100 SH   SOLE None 0 0 6,100
MCDONALDS CORP COMMON STOCK 580135101 320 3,378 SH   SOLE None 0 0 3,378
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 311 5,290 SH   SOLE None 0 0 5,290
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 305 8,197 SH   SOLE None 0 0 8,197
BOEING CO COMMON STOCK 097023105 300 2,354 SH   SOLE None 0 0 2,354
HSBC USA INC SERIES H 6.50% PF PREFERRED STOCK 40428H862 288 11,500 SH   SOLE None 0 0 11,500
LAACO LTD UNIT PARTNERSHIP COMMON STOCK 505346106 271 208 SH   SOLE None 0 0 208
PUBLIC STORAGE INC. COMMON STOCK 74460D109 267 1,610 SH   SOLE None 0 0 1,610
ONEOK PARTNERS LP COMMON STOCK 68268N103 265 4,736 SH   SOLE None 0 0 4,736
SOLAR POWER INC COMMON STOCK 83490A100 261 173,000 SH   SOLE None 0 0 173,000
KIMBERLY-CLARK CORP COMMON STOCK 494368103 246 2,285 SH   SOLE None 0 0 2,285
ONEOK INC COMMON STOCK 682680103 244 3,726 SH   SOLE None 0 0 3,726
ALTRIA GROUP INC COMMON STOCK 02209S103 240 5,226 SH   SOLE None 0 0 5,226
NEXTERA ENERGY INC COMMON STOCK 65339F101 237 2,520 SH   SOLE None 0 0 2,520
KINDER MORGAN ENERGY PTNRS LP COMMON STOCK 494550106 233 2,495 SH   SOLE None 0 0 2,495
BANK OF AMERICA CORP PFD 7.25% PREFERRED STOCK 060505682 229 200 SH   SOLE None 0 0 200
FIRSTENERGY CORP COMMON STOCK 337932107 225 6,698 SH   SOLE None 0 0 6,698
KIMCO REALTY CORP COMMON STOCK 49446R109 224 10,210 SH   SOLE None 0 0 10,210
BIOGEN IDEC INC COMMON STOCK 09062X103 219 662 SH   SOLE None 0 0 662
DOMINION RES INC VA COMMON STOCK 25746U109 217 3,140 SH   SOLE None 0 0 3,140
BAXTER INTL INC COMMON STOCK 071813109 216 3,015 SH   SOLE None 0 0 3,015
ASHLAND INC. COMMON STOCK 044209104 208 2,000 SH   SOLE None 0 0 2,000
GOGO INC COMMON STOCK 38046C109 199 11,798 SH   SOLE None 0 0 11,798
VALLEY BANKCORP COMMON STOCK 919794107 107 11,024 SH   SOLE None 0 0 11,024
PENNEY J C INC COM COMMON STOCK 708160106 100 10,005 SH   SOLE None 0 0 10,005
MEDICAL MARIJUANA INC COMMON STOCK 58463A105 4 33,300 SH   SOLE None 0 0 33,300
E DIGITAL CORP COMMON STOCK 26841Y103 2 46,811 SH   SOLE None 0 0 46,811
IRELAND INC COMMON STOCK 46267T206 2 11,500 SH   SOLE None 0 0 11,500
VANTEX RESOURCES LTD COMMON STOCK 921945408 0 10,400 SH   SOLE None 0 0 10,400
BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12,500 SH   SOLE None 0 0 12,500