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 47,037 751,030 SH   SOLE None 0 0 751,030
GENERAL ELEC CO COMMON STOCK 369604103 21,826 821,454 SH   SOLE None 0 0 821,454
KINDER MORGAN INC COMMON STOCK 49456B101 19,977 520,369 SH   SOLE None 0 0 520,369
CHEVRON CORP COMMON STOCK 166764100 18,942 196,355 SH   SOLE None 0 0 196,355
PFIZER INC COMMON STOCK 717081103 18,846 562,058 SH   SOLE None 0 0 562,058
EXXON MOBIL CORP COMMON STOCK 30231G102 16,616 199,706 SH   SOLE None 0 0 199,706
INTERNATIONAL BUS MACH COMMON STOCK 459200101 15,802 97,146 SH   SOLE None 0 0 97,146
MERCK & CO INC COMMON STOCK 58933Y105 15,342 269,480 SH   SOLE None 0 0 269,480
J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 14,985 221,146 SH   SOLE None 0 0 221,146
BANK OF AMERICA CORP COMMON STOCK 060505104 14,953 878,584 SH   SOLE None 0 0 878,584
JOHNSON & JOHNSON COMMON STOCK 478160104 14,419 147,948 SH   SOLE None 0 0 147,948
INTEL CORP COMMON STOCK 458140100 13,649 448,751 SH   SOLE None 0 0 448,751
APPLE COMPUTER INC COMMON STOCK 037833100 13,448 107,222 SH   SOLE None 0 0 107,222
HOME DEPOT INC COMMON STOCK 437076102 13,016 117,123 SH   SOLE None 0 0 117,123
CITIGROUP INC COMMON STOCK 172967424 12,930 234,074 SH   SOLE None 0 0 234,074
GILEAD SCIENCES INC. COMMON STOCK 375558103 12,323 105,252 SH   SOLE None 0 0 105,252
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 11,887 178,639 SH   SOLE None 0 0 178,639
UNITED TECHNOLOGIES CP COMMON STOCK 913017109 11,610 104,658 SH   SOLE None 0 0 104,658
AT&T INC COMMON STOCK 00206R102 11,146 313,793 SH   SOLE None 0 0 313,793
COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 10,223 156,293 SH   SOLE None 0 0 156,293
VISA INC COMMON STOCK 92826C839 9,600 142,961 SH   SOLE None 0 0 142,961
EMERSON ELEC CO COM COMMON STOCK 291011104 8,626 155,615 SH   SOLE None 0 0 155,615
ORACLE CORPORATION COMMON STOCK 68389X105 8,363 207,521 SH   SOLE None 0 0 207,521
TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 8,289 140,258 SH   SOLE None 0 0 140,258
FREEPORT-MCMORAN INC COMMON STOCK 35671D857 8,201 440,451 SH   SOLE None 0 0 440,451
E M C CORP MASS COMMON STOCK 268648102 8,101 306,990 SH   SOLE None 0 0 306,990
PENTAIR PLC COMMON STOCK 709631105 7,998 116,328 SH   SOLE None 0 0 116,328
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 7,722 57,175 SH   SOLE None 0 0 57,175
WALT DISNEY COMPANY COMMON STOCK 254687106 7,552 66,164 SH   SOLE None 0 0 66,164
WELLS FARGO COMPANY COMMON STOCK 949746101 7,477 132,945 SH   SOLE None 0 0 132,945
NOVARTIS AG-ADR COMMON STOCK 66987V109 7,204 73,255 SH   SOLE None 0 0 73,255
PEPSICO INC COMMON STOCK 713448108 6,944 74,396 SH   SOLE None 0 0 74,396
AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 5,984 152,602 SH   SOLE None 0 0 152,602
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 5,879 5,878,563 SH   SOLE None 0 0 5,878,563
BP PLC-ADR COMMON STOCK 055622104 5,236 131,029 SH   SOLE None 0 0 131,029
STARBUCKS CORP COMMON STOCK 855244109 5,131 95,707 SH   SOLE None 0 0 95,707
MICROSOFT CORP COMMON STOCK 594918104 5,127 116,125 SH   SOLE None 0 0 116,125
WALGREENS BOOTS ALLIANCE INC COMMON STOCK 931427108 4,906 58,100 SH   SOLE None 0 0 58,100
FLUOR CORP (NEW) COMMON STOCK 343412102 4,875 91,962 SH   SOLE None 0 0 91,962
MONSANTO CO COMMON STOCK 61166W101 4,862 45,611 SH   SOLE None 0 0 45,611
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 4,511 57,662 SH   SOLE None 0 0 57,662
EATON CORP PLC COMMON STOCK 086353296 4,504 66,738 SH   SOLE None 0 0 66,738
SOUTHERN CO COMMON STOCK 842587107 4,487 107,077 SH   SOLE None 0 0 107,077
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 4,434 210,727 SH   SOLE None 0 0 210,727
TRANSOCEAN INC COMMON STOCK 050546683 4,248 263,535 SH   SOLE None 0 0 263,535
DUKE ENERGY CORP COMMON STOCK 26441C204 4,146 58,712 SH   SOLE None 0 0 58,712
XYLEM INC COMMON STOCK 98419M100 4,110 110,872 SH   SOLE None 0 0 110,872
CENTERPOINT ENERGY INC COMMON STOCK 15189T107 4,053 212,977 SH   SOLE None 0 0 212,977
OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 4,022 51,720 SH   SOLE None 0 0 51,720
CISCO SYS INC COMMON STOCK 17275R102 3,786 137,867 SH   SOLE None 0 0 137,867
HEALTH CARE REIT INC COMMON STOCK 42217K106 3,710 56,525 SH   SOLE None 0 0 56,525
GOOGLE INC-CL C COMMON STOCK 38259P706 3,373 6,481 SH   SOLE None 0 0 6,481
UNDER ARMOUR INC CL A COMMON STOCK 904311107 3,359 40,255 SH   SOLE None 0 0 40,255
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3,181 23,369 SH   SOLE None 0 0 23,369
ALLSTATE CORP COMMON STOCK 020002101 3,151 48,578 SH   SOLE None 0 0 48,578
WYNN RESORTS LTD COMMON STOCK 983134107 3,047 30,879 SH   SOLE None 0 0 30,879
ITRON INC COMMON STOCK 465741106 2,961 85,980 SH   SOLE None 0 0 85,980
VALE SA COMMON STOCK 91912E105 2,601 441,614 SH   SOLE None 0 0 441,614
REALTY INCOME CORP COMMON STOCK 756109104 2,585 58,244 SH   SOLE None 0 0 58,244
CHINA MOBILE HD ADR F COMMON STOCK 16941M109 2,486 38,785 SH   SOLE None 0 0 38,785
NEW YORK COMMUNITY BANK COMMON STOCK 649445103 2,450 133,290 SH   SOLE None 0 0 133,290
DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 2,320 19,991 SH   SOLE None 0 0 19,991
MICRON TECHNOLOGY INC. COMMON STOCK 595112103 2,146 113,900 SH   SOLE None 0 0 113,900
PHILIP MORRIS INTL COMMON STOCK 718172109 2,139 26,685 SH   SOLE None 0 0 26,685
REPUBLIC SERVICES INC-CL A COMMON STOCK 760759100 1,894 48,365 SH   SOLE None 0 0 48,365
PACWEST BANCORP COMMON STOCK 695263103 1,859 39,765 SH   SOLE None 0 0 39,765
BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 1,844 900 SH   SOLE None 0 0 900
EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 1,683 18,918 SH   SOLE None 0 0 18,918
GOOGLE INC-CL A COMMON STOCK 38259P508 1,466 2,715 SH   SOLE None 0 0 2,715
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 1,438 24,170 SH   SOLE None 0 0 24,170
JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 1,252 53,100 SH   SOLE None 0 0 53,100
ADAMAS PHARMACEUTICALS INC COMMON STOCK 00548A106 1,250 47,690 SH   SOLE None 0 0 47,690
AMERICAN EXPRESS CO COMMON STOCK 025816109 1,212 15,600 SH   SOLE None 0 0 15,600
SEMPRA ENERGY COMMON STOCK 816851109 1,190 12,030 SH   SOLE None 0 0 12,030
ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1,182 20,732 SH   SOLE None 0 0 20,732
KB HOME COMMON STOCK 48666K109 1,179 71,015 SH   SOLE None 0 0 71,015
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1,096 23,518 SH   SOLE None 0 0 23,518
PANERA BREAD COMPANY -CL A COMMON STOCK 69840W108 1,075 6,150 SH   SOLE None 0 0 6,150
BLACKROCK INC COMMON STOCK 09247X101 1,070 3,093 SH   SOLE None 0 0 3,093
BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 959 36,900 SH   SOLE None 0 0 36,900
DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 958 35,350 SH   SOLE None 0 0 35,350
STRYKER CORP COMMON STOCK 863667101 914 9,560 SH   SOLE None 0 0 9,560
SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 813 812,910 SH   SOLE None 0 0 812,910
CONOCOPHILLIPS COMMON STOCK 20825C104 774 12,611 SH   SOLE None 0 0 12,611
RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 748 53,694 SH   SOLE None 0 0 53,694
SPX CORP COMMON STOCK 784635104 684 9,452 SH   SOLE None 0 0 9,452
NESTLE S A COMMON STOCK 641069406 658 9,124 SH   SOLE None 0 0 9,124
BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 656 25,257 SH   SOLE None 0 0 25,257
DISCOVER FINANCIAL SERVICES COMMON STOCK 254709108 648 11,240 SH   SOLE None 0 0 11,240
ABBVIE INC COMMON STOCK 00287Y109 621 9,236 SH   SOLE None 0 0 9,236
SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 600 600,000 SH   SOLE None 0 0 600,000
P G & E CORPORATION COMMON STOCK 69331C108 568 11,575 SH   SOLE None 0 0 11,575
EQT CORP COMMON STOCK 26884L109 562 6,908 SH   SOLE None 0 0 6,908
AMAZON.COM INC COMMON STOCK 023135106 551 1,270 SH   SOLE None 0 0 1,270
NIKE INC - CL B COMMON STOCK 654106103 513 4,752 SH   SOLE None 0 0 4,752
COCA COLA CO COMMON STOCK 191216100 489 12,457 SH   SOLE None 0 0 12,457
AIR PRODS & CHEMS INC COMMON STOCK 009158106 479 3,500 SH   SOLE None 0 0 3,500
RECEPTOS INC COMMON STOCK 756207106 475 2,500 SH   SOLE None 0 0 2,500
ALIBABA GROUP HOLDING LTD COMMON STOCK 01609W102 475 5,773 SH   SOLE None 0 0 5,773
SCHLUMBERGER LTD COMMON STOCK 806857108 428 4,971 SH   SOLE None 0 0 4,971
HONEYWELL INTL INC COMMON STOCK 438516106 428 4,200 SH   SOLE None 0 0 4,200
VF CORP COMMON STOCK 918204108 425 6,091 SH   SOLE None 0 0 6,091
SOUTHWEST GAS CORP. COMMON STOCK 844895102 415 7,800 SH   SOLE None 0 0 7,800
BOEING CO COMMON STOCK 097023105 412 2,968 SH   SOLE None 0 0 2,968
LOWE'S COMPANIES COMMON STOCK 548661107 411 6,139 SH   SOLE None 0 0 6,139
TESLA MOTORS INC COMMON STOCK 88160R101 405 1,510 SH   SOLE None 0 0 1,510
ABBOTT LABS COMMON STOCK 002824100 400 8,146 SH   SOLE None 0 0 8,146
AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 399 3,192 SH   SOLE None 0 0 3,192
EDISON INTERNATIONAL COMMON STOCK 281020107 378 6,805 SH   SOLE None 0 0 6,805
ALTRIA GROUP INC COMMON STOCK 02209S103 369 7,548 SH   SOLE None 0 0 7,548
3D SYSTEMS CORP COMMON STOCK 88554D205 361 18,500 SH   SOLE None 0 0 18,500
UNION PACIFIC CORP COMMON STOCK 907818108 361 3,785 SH   SOLE None 0 0 3,785
PHILLIPS 66 COMMON STOCK 718546104 357 4,430 SH   SOLE None 0 0 4,430
CARNIVAL CORP CL A COMMON STOCK 143658300 350 7,080 SH   SOLE None 0 0 7,080
YUM BRANDS INC COMMON STOCK 988498101 322 3,575 SH   SOLE None 0 0 3,575
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 322 8,197 SH   SOLE None 0 0 8,197
3M COMPANY COMMON STOCK 88579Y101 311 2,014 SH   SOLE None 0 0 2,014
CATERPILLAR INC COMMON STOCK 149123101 308 3,628 SH   SOLE None 0 0 3,628
ENERGY TRANSFER PARTNERS LP COMMON STOCK 29273R109 293 5,606 SH   SOLE None 0 0 5,606
PUBLIC STORAGE INC. COMMON STOCK 74460D109 291 1,580 SH   SOLE None 0 0 1,580
BIOGEN IDEC INC COMMON STOCK 09062X103 267 662 SH   SOLE None 0 0 662
MCKESSON CORPORATION COMMON STOCK 58155Q103 254 1,128 SH   SOLE None 0 0 1,128
HSBC USA INC SERIES H 6.50% PF PREFERRED STOCK 40428H862 253 10,000 SH   SOLE None 0 0 10,000
GOGO INC COMMON STOCK 38046C109 253 11,798 SH   SOLE None 0 0 11,798
LILLY ELI & CO COMMON STOCK 532457108 252 3,020 SH   SOLE None 0 0 3,020
DOW CHEM CO COMMON STOCK 260543103 248 4,851 SH   SOLE None 0 0 4,851
ASHLAND INC. COMMON STOCK 044209104 244 2,000 SH   SOLE None 0 0 2,000
MCDONALDS CORP COMMON STOCK 580135101 243 2,553 SH   SOLE None 0 0 2,553
KIMBERLY-CLARK CORP COMMON STOCK 494368103 236 2,225 SH   SOLE None 0 0 2,225
MARATHON PETROLEUM CORP COMMON STOCK 56585A102 235 4,488 SH   SOLE None 0 0 4,488
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 230 5,290 SH   SOLE None 0 0 5,290
KIMCO REALTY CORP COMMON STOCK 49446R109 230 10,210 SH   SOLE None 0 0 10,210
NEXTERA ENERGY INC COMMON STOCK 65339F101 219 2,230 SH   SOLE None 0 0 2,230
ONEOK INC COMMON STOCK 682680103 215 5,456 SH   SOLE None 0 0 5,456
ILLINOIS TOOL WORKS COMMON STOCK 452308109 215 2,339 SH   SOLE None 0 0 2,339
BAXTER INTL INC COMMON STOCK 071813109 211 3,015 SH   SOLE None 0 0 3,015
DOMINION RES INC VA COMMON STOCK 25746U109 210 3,140 SH   SOLE None 0 0 3,140
FIRSTENERGY CORP COMMON STOCK 337932107 209 6,436 SH   SOLE None 0 0 6,436
PPG INDUSTRIES INC COMMON STOCK 693506107 209 1,820 SH   SOLE None 0 0 1,820
VALLEY BANKCORP COMMON STOCK 919794107 114 11,024 SH   SOLE None 0 0 11,024
PENN WEST ENERGY TRUST COMMON STOCK 707887105 93 53,750 SH   SOLE None 0 0 53,750
PENNEY J C INC COM COMMON STOCK 708160106 85 10,005 SH   SOLE None 0 0 10,005
E DIGITAL CORP COMMON STOCK 26841Y103 4 46,811 SH   SOLE None 0 0 46,811
MEDICAL MARIJUANA INC COMMON STOCK 58463A105 2 33,300 SH   SOLE None 0 0 33,300
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