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
ACADIA HEALTHCARE COMPANY Common Stocks 00404A109 422 8,711 SH   SOLE 0 7,574 0 1,137
ACE LTD Common Stocks H0023R105 675 6,434 SH   SOLE 0 5,651 0 783
ACETO CORPORATION Common Stocks 004446100 321 16,627 SH   SOLE 0 14,459 0 2,168
ALEXANDER & BALDWIN INC Common Stocks 014491104 566 15,724 SH   SOLE 0 13,682 0 2,042
ALLETE INC Common Stocks 018522300 347 7,817 SH   SOLE 0 6,795 0 1,022
AMERICAN ELECTRIC POWER INC Common Stocks 025537101 1,227 23,496 SH   SOLE 0 19,229 0 4,267
AMERICAN INTL GROUP INC Common Stocks 026874784 2,610 48,313 SH   SOLE 0 39,926 0 8,387
AMN HEALTHCARE SERVICES Common Stocks 001744101 291 18,542 SH   SOLE 0 16,157 0 2,385
ANADARKO PETROLEUM CORP Common Stocks 032511107 1,202 11,854 SH   SOLE 0 9,685 0 2,169
APACHE CORP Common Stocks 037411105 1,147 12,224 SH   SOLE 0 10,024 0 2,200
APPLE COMPUTER INC Common Stocks 037833100 1,012 10,049 SH   SOLE 0 7,435 0 2,614
ARTHUR J GALLAGHER & CO Common Stocks 363576109 1,643 36,225 SH   SOLE 0 30,359 0 5,866
ASHFORD HOSPITALITY PRIME Common Stocks 044102101 343 22,529 SH   SOLE 0 20,048 0 2,481
ASPEN TECHNOLOGY INC Common Stocks 045327103 235 6,239 SH   SOLE 0 5,422 0 817
AT&T INC Common Stocks 00206R102 624 17,694 SH   SOLE 0 15,897 0 1,797
BANK OF AMERICA Common Stocks 060505104 1,480 86,829 SH   SOLE 0 72,185 0 14,644
BAXTER INTL INC Common Stocks 071813109 2,032 28,319 SH   SOLE 0 23,670 0 4,649
BED BATH & BEYOND INC Common Stocks 075896100 689 10,461 SH   SOLE 0 7,459 0 3,002
BIOGEN IDEC INC Common Stocks 09062X103 518 1,565 SH   SOLE 0 1,076 0 489
BOEING COMPANY Common Stocks 097023105 1,269 9,964 SH   SOLE 0 7,888 0 2,076
CABELA`S INC Common Stocks 126804301 777 13,200 SH   SOLE 0 10,141 0 3,059
CARRIAGE SERVICES INC Common Stocks 143905107 602 34,732 SH   SOLE 0 30,199 0 4,533
CEVA INC Common Stocks 157210105 353 26,282 SH   SOLE 0 22,860 0 3,422
CHAMBERS STREET PROPERTIES Common Stocks 157842105 1,067 141,713 SH   SOLE 0 125,210 0 16,503
CHART INDUSTRIES INC Common Stocks 16115Q308 263 4,299 SH   SOLE 0 3,736 0 563
CHEVRONTEXACO CORPORATION Common Stocks 166764100 666 5,580 SH   SOLE 0 5,048 0 532
CHICAGO BRIDGE & IRON Common Stocks 167250109 1,160 20,050 SH   SOLE 0 15,817 0 4,233
CINEMARK HOLDINGS INC Common Stocks 17243V102 458 13,457 SH   SOLE 0 11,707 0 1,750
CISCO SYSTEMS INC Common Stocks 17275R102 575 22,845 SH   SOLE 0 16,648 0 6,197
CNO FINANCIAL GROUP INC Common Stocks 12621E103 541 31,886 SH   SOLE 0 27,733 0 4,153
COCA-COLA CO Common Stocks 191216100 2,197 51,501 SH   SOLE 0 41,914 0 9,587
COHERENT INC Common Stocks 192479103 287 4,679 SH   SOLE 0 4,067 0 612
COLGATE-PALMOLIVE CO Common Stocks 194162103 598 9,165 SH   SOLE 0 6,508 0 2,657
COLUMBIA BANKING SYSTEM Common Stocks 197236102 505 20,368 SH   SOLE 0 17,728 0 2,640
COMCAST CORP Common Stocks 20030N101 677 12,583 SH   SOLE 0 8,932 0 3,651
COMFORT SYSTEMS USA Common Stocks 199908104 240 17,702 SH   SOLE 0 15,384 0 2,318
CORE-MARK HOLDING CO INC Common Stocks 218681104 485 9,138 SH   SOLE 0 7,940 0 1,198
CORESITE REALTY CORP Common Stocks 21870Q105 260 7,924 SH   SOLE 0 6,877 0 1,047
CORRECTIONS CORP OF AMERICA Common Stocks 22025Y407 1,823 53,049 SH   SOLE 0 43,673 0 9,376
COSTAR GROUP INC Common Stocks 22160N109 525 3,374 SH   SOLE 0 2,928 0 446
COTT CORPORATION Common Stocks 22163N106 309 44,959 SH   SOLE 0 39,107 0 5,852
DEALERTRACK TECHNOLOGIES INC Common Stocks 242309102 265 6,114 SH   SOLE 0 5,294 0 820
DOMTAR CORP Common Stocks 257559203 1,349 38,406 SH   SOLE 0 31,321 0 7,085
EL PASO ELECTRIC CO Common Stocks 283677854 262 7,162 SH   SOLE 0 6,227 0 935
EMC CORP MASS Common Stocks 268648102 1,783 60,947 SH   SOLE 0 48,199 0 12,748
EMERGENT BIOSOLUTIONS INC Common Stocks 29089Q105 268 12,561 SH   SOLE 0 10,899 0 1,662
EXPRESS SCRIPTS INC Common Stocks 30219G108 737 10,441 SH   SOLE 0 7,507 0 2,934
EXXON MOBIL CORP Common Stocks 30231G102 1,124 11,948 SH   SOLE 0 10,670 0 1,278
FLEETMATICS GROUP PLC Common Stocks G35569105 432 14,161 SH   SOLE 0 12,438 0 1,723
FLOWER FOODS INC Common Stocks 343498101 1,927 104,945 SH   SOLE 0 88,000 0 16,945
FORUM ENERGY TECHNOLOGIES INC Common Stocks 34984V100 340 11,116 SH   SOLE 0 9,666 0 1,450
FRANKLIN RESOURCES INC Common Stocks 354613101 1,621 29,681 SH   SOLE 0 24,369 0 5,312
GENERAL ELECTRIC CO Common Stocks 369604103 1,323 51,651 SH   SOLE 0 46,300 0 5,351
GENESEE & WYOMING INC-CL A Common Stocks 371559105 351 3,680 SH   SOLE 0 3,211 0 469
GEO GROUP INC (REIT) Common Stocks 36162J106 570 14,902 SH   SOLE 0 12,964 0 1,938
GNC HOLDINGS Common Stocks 36191G107 1,944 50,176 SH   SOLE 0 41,544 0 8,632
GOLDCORP INC Common Stocks 380956409 1,088 47,234 SH   SOLE 0 38,310 0 8,924
GRAPHIC PACKAGING HOLDING Common Stocks 388689101 444 35,725 SH   SOLE 0 31,033 0 4,692
GUIDEWIRE SOFTWARE INC Common Stocks 40171V100 502 11,331 SH   SOLE 0 9,847 0 1,484
HEALTH STREAM INC Common Stocks 42222N103 261 10,883 SH   SOLE 0 9,426 0 1,457
HSN INC Common Stocks 404303109 382 6,229 SH   SOLE 0 5,402 0 827
HUNTINGTON BANCSHARES INC Common Stocks 446150104 1,074 110,341 SH   SOLE 0 98,575 0 11,766
IPATH BLOOMBERG COMMDTY INDX ETN ETF 06738C778 4 117 SH   OTR 0 0 0 0
IPATH BLOOMBERG COMMDTY INDX ETN ETF 06738C778 8,884 258,494 SH   SOLE 0 253,949 0 4,545
ISHARES BARCLAYS TIPS BONDS ETF 464287176 38 343 SH   OTR 0 0 0 0
ISHARES BARCLAYS TIPS BONDS ETF 464287176 1,646 14,689 SH   SOLE 0 8,766 0 5,923
ISHARES MSCI JAPAN ETF ETF 464286848 138 11,697 SH   SOLE 0 11,697 0 0
ISHARES S&P 500 INDEX FUND ETF 464287200 30 151 SH   OTR 0 0 0 0
ISHARES S&P 500 INDEX FUND ETF 464287200 8,097 40,842 SH   SOLE 0 31,886 0 8,956
ISHARES S&P MIDCAP 400 INDEX FUND ETF 464287507 511 3,740 SH   SOLE 0 3,323 0 417
ISHARES TR MSCI EAFE INDEX ETF 464287465 6,238 97,290 SH   SOLE 0 97,290 0 0
ISHARES TR RUSSL 2000 INDEX ETF 464287655 9 82 SH   OTR 0 0 0 0
ISHARES TR RUSSL 2000 INDEX ETF 464287655 4,652 42,541 SH   SOLE 0 38,073 0 4,468
JOHNSON & JOHNSON Common Stocks 478160104 2,106 19,761 SH   SOLE 0 16,730 0 3,031
JPMORGAN CHASE & CO Common Stocks 46625H100 1,972 32,733 SH   SOLE 0 26,875 0 5,858
KAR AUCTION SERVICES INC Common Stocks 48238T109 2,619 91,473 SH   SOLE 0 76,197 0 15,276
MASTEC INC Common Stocks 576323109 266 8,693 SH   SOLE 0 7,527 0 1,166
MATSON INC Common Stocks 57686G105 332 13,265 SH   SOLE 0 11,535 0 1,730
MCDONALDS CORP Common Stocks 580135101 2,006 21,161 SH   SOLE 0 17,533 0 3,628
MEDTRONIC INC Common Stocks 585055106 648 10,456 SH   SOLE 0 9,280 0 1,176
MERCK & CO INC Common Stocks 58933Y105 1,926 32,488 SH   SOLE 0 26,908 0 5,580
MICROSOFT CORP Common Stocks 594918104 1,660 35,797 SH   SOLE 0 29,404 0 6,393
MITSUBISHI UFJ FINANCIAL GRP Common Stocks 606822104 64 11,342 SH   SOLE 0 11,342 0 0
MOMENTA PHARMACEUTICALS Common Stocks 60877T100 140 12,343 SH   SOLE 0 10,712 0 1,631
NATIONAL OILWELL VARCO INC Common Stocks 637071101 1,238 16,264 SH   SOLE 0 13,396 0 2,868
NEXTERA ENERGY INC Common Stocks 65339F101 698 7,439 SH   SOLE 0 6,621 0 818
NIELSEN N.V. Common Stocks N63218106 2,135 48,164 SH   SOLE 0 40,030 0 8,134
NORFOLK SOUTHN CORP Common Stocks 655844108 746 6,683 SH   SOLE 0 5,989 0 694
OCCIDENTAL PETE CORP Common Stocks 674599105 2,133 22,183 SH   SOLE 0 18,159 0 4,024
OCEANEERING INTL INC Common Stocks 675232102 488 7,482 SH   SOLE 0 5,305 0 2,177
ORACLE CORP Common Stocks 68389X105 2,465 64,384 SH   SOLE 0 52,101 0 12,283
PBF ENERGY INC Common Stocks 69318G106 1,449 60,386 SH   SOLE 0 49,386 0 11,000
PFIZER INC Common Stocks 717081103 1,882 63,650 SH   SOLE 0 52,630 0 11,020
PG&E CORPORATION Common Stocks 69331C108 1,525 33,859 SH   SOLE 0 28,298 0 5,561
PNC FINL SVCS GROUP INC Common Stocks 693475105 1,761 20,575 SH   SOLE 0 17,284 0 3,291
PROASSURANCE CORP Common Stocks 74267C106 373 8,470 SH   SOLE 0 7,373 0 1,097
PROCTER & GAMBLE CO Common Stocks 742718109 1,928 23,020 SH   SOLE 0 19,121 0 3,899
PRUDENTIAL FINANCIAL INC Common Stocks 744320102 1,850 21,035 SH   SOLE 0 17,746 0 3,289
RESOLUTE ENERGY COMPANY Common Stocks 76116A108 333 53,138 SH   SOLE 0 46,234 0 6,904
SABRA HEALTHCARE REIT Common Stocks 78573L106 347 14,284 SH   SOLE 0 12,423 0 1,861
SEMGROUP CORP CL A Common Stocks 81663A105 485 5,819 SH   SOLE 0 5,052 0 767
SOTHEBY`S Common Stocks 835898107 1,702 47,653 SH   SOLE 0 39,312 0 8,341
SPDR BARCLAYS HIGH YLD BOND ETF ETF 78464A417 42 1,055 SH   OTR 0 0 0 0
SPDR BARCLAYS HIGH YLD BOND ETF ETF 78464A417 15,100 375,812 SH   SOLE 0 353,821 0 21,991
SPDR BARCLAYS INTL TREASURY BOND ETF ETF 78464A516 3,617 63,046 SH   SOLE 0 63,046 0 0
SPDR S&P 500 ETF TRUST ETF 78462F103 2,978 15,115 SH   SOLE 0 0 0 0
SS&C TECHNOLOGIES HLDGS INC Common Stocks 78467J100 979 22,316 SH   SOLE 0 17,595 0 4,721
STATE BANK FINANCIAL CORP Common Stocks 856190103 268 16,518 SH   SOLE 0 14,306 0 2,212
SUMMIT HOTEL PROPERTIES Common Stocks 866082100 341 31,625 SH   SOLE 0 27,502 0 4,123
SYMMETRY MEDICAL INC Common Stocks 871546206 558 55,286 SH   SOLE 0 48,071 0 7,215
UNION PACIFIC CORP Common Stocks 907818108 844 7,781 SH   SOLE 0 5,557 0 2,224
VALMONT INDS INC Common Stocks 920253101 233 1,726 SH   SOLE 0 1,495 0 231
VANGUARD FTSE DEVELOPED ETF ETF 921943858 22 552 SH   OTR 0 0 0 0
VANGUARD FTSE DEVELOPED ETF ETF 921943858 24,989 628,656 SH   SOLE 0 597,150 0 31,506
VANGUARD INTL EQ INDEX MSCI EMR MKT ETF ETF 922042858 4 106 SH   OTR 0 0 0 0
VANGUARD INTL EQ INDEX MSCI EMR MKT ETF ETF 922042858 354 8,485 SH   SOLE 0 6,301 0 2,184
VANGUARD REIT ETF ETF 922908553 5 64 SH   OTR 0 0 0 0
VANGUARD REIT ETF ETF 922908553 4,287 59,665 SH   SOLE 0 54,853 0 4,812
VANGUARD SMALL CAP ETF ETF 922908751 1,161 10,491 SH   SOLE 0 10,491 0 0
VANGUARD TOTAL BOND MARKET ETF ETF 921937835 166 2,029 SH   OTR 0 0 0 0
VANGUARD TOTAL BOND MARKET ETF ETF 921937835 9,746 118,953 SH   SOLE 0 72,086 0 46,867
VERIZON COMMUNICATIONS Common Stocks 92343V104 1,347 26,949 SH   SOLE 0 21,361 0 5,588
VISA INC- CLASS A SHARES Common Stocks 92826C839 1,140 5,342 SH   SOLE 0 4,332 0 1,010
WELLS FARGO Common Stocks 949746101 1,927 37,141 SH   SOLE 0 31,565 0 5,576