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
BOSTON PRIVATE FINL HLDGS INC PFD 101119303 436 17,000 SH   SOLE   17,000 0 0
FIRST TR INTER DUR PFD & IN FD PFD 33718W103 452 21,000 SH   SOLE   21,000 0 0
FLAHERTY & CRUMRINE DYN PFD SH PFD 33848W106 469 21,000 SH   SOLE   21,000 0 0
MERRILL LYNCH CAP TR II PFD GD PFD 59024T203 554 21,949 SH   SOLE   21,949 0 0
MORGAN STANLEY CAP TR III CAP PFD 617460209 444 17,400 SH   SOLE   17,400 0 0
PRIVATEBANCORP INC SUB DEB 42 PFD 742962400 1,731 65,231 SH   SOLE   65,231 0 0
STIFEL FINL CORP SR NT 22 PFD 860630300 2,285 89,770 SH   SOLE   89,770 0 0
SVB CAP II PFD TR GTD 7% PFD 86959H201 1,437 55,815 SH   SOLE   55,815 0 0
WELLS FARGO & CO NEW DEP 1/100 PFD 949746465 221 8,000 SH   SOLE   8,000 0 0
ISHARES TR 7-10 Y TR BD ETF ETF 464287440 251 2,387 SH   SOLE   2,387 0 0
ISHARES TR CORE ST USDB ETF ETF 46432F859 508 5,057 SH   SOLE   5,057 0 0
VANGUARD SCOTTSDALE FDS SHRT T ETF 92206C409 1,208 15,182 SH   SOLE   15,182 0 0
3M CO COM COM 88579Y101 3,198 20,727 SH   SOLE   20,727 0 0
ABBOTT LABS COM COM 002824100 6,613 134,734 SH   SOLE   134,734 0 0
ABBVIE INC COM COM 00287Y109 422 6,288 SH   SOLE   6,288 0 0
ACCENTURE PLC IRELAND SHS CLAS COM G1151C101 5,957 61,555 SH   SOLE   61,555 0 0
ADOBE SYS INC COM COM 00724F101 215 2,655 SH   SOLE   2,655 0 0
ADVANCED EMISSIONS SOLUTS INC COM 00770C101 138 10,600 SH   SOLE   10,600 0 0
ALLEGHANY CORP DEL COM COM 017175100 220 469 SH   SOLE   469 0 0
AMAZON COM INC COM COM 023135106 5,114 11,781 SH   SOLE   11,781 0 0
AMPHENOL CORP NEW CL A COM 032095101 5,221 90,058 SH   SOLE   90,058 0 0
ANADARKO PETE CORP COM COM 032511107 4,116 52,727 SH   SOLE   52,727 0 0
APPLE INC COM COM 037833100 14,563 116,112 SH   SOLE   116,112 0 0
AT&T INC COM COM 00206R102 649 18,272 SH   SOLE   18,272 0 0
BANK AMER CORP COM COM 060505104 231 13,600 SH   SOLE   13,600 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670108 1,229 6 SH   SOLE   6 0 0
BERKSHIRE HATHAWAY INC DEL CL COM 084670702 705 5,179 SH   SOLE   5,179 0 0
BLACKROCK INC COM COM 09247X101 5,757 16,640 SH   SOLE   16,640 0 0
BOEING CO COM COM 097023105 2,974 21,437 SH   SOLE   21,437 0 0
BP PLC SPONSORED ADR COM 055622104 321 8,026 SH   SOLE   8,026 0 0
CAPITAL ONE FINL CORP COM COM 14040H105 6,043 68,696 SH   SOLE   68,696 0 0
CATERPILLAR INC DEL COM COM 149123101 211 2,487 SH   SOLE   2,487 0 0
CELGENE CORP COM COM 151020104 2,529 21,855 SH   SOLE   21,855 0 0
CHECK POINT SOFTWARE TECH LTD COM M22465104 4,828 60,690 SH   SOLE   60,690 0 0
CHEVRON CORP NEW COM COM 166764100 5,833 60,465 SH   SOLE   60,465 0 0
CHURCH & DWIGHT INC COM COM 171340102 5,749 70,864 SH   SOLE   70,864 0 0
CIGNA CORPORATION COM COM 125509109 7,848 48,447 SH   SOLE   48,447 0 0
CISCO SYS INC COM COM 17275R102 1,226 44,639 SH   SOLE   44,639 0 0
COBIZ FINANCIAL INC COM COM 190897108 1,014 77,570 SH   SOLE   77,570 0 0
COCA COLA CO COM COM 191216100 384 9,777 SH   SOLE   9,777 0 0
COSTCO WHSL CORP NEW COM COM 22160K105 5,980 44,278 SH   SOLE   44,278 0 0
DICKS SPORTING GOODS INC COM COM 253393102 755 14,585 SH   SOLE   14,585 0 0
DISCOVER FINL SVCS COM COM 254709108 4,127 71,617 SH   SOLE   71,617 0 0
DISNEY WALT CO COM DISNEY COM 254687106 8,916 78,112 SH   SOLE   78,112 0 0
DONALDSON INC COM COM 257651109 578 16,146 SH   SOLE   16,146 0 0
E M C CORP MASS COM COM 268648102 467 17,690 SH   SOLE   17,690 0 0
ECOLAB INC COM COM 278865100 6,535 57,800 SH   SOLE   57,800 0 0
EMERSON ELEC CO COM COM 291011104 832 15,017 SH   SOLE   15,017 0 0
EXXON MOBIL CORP COM COM 30231G102 2,143 25,752 SH   SOLE   25,752 0 0
F5 NETWORKS INC COM COM 315616102 5,500 45,700 SH   SOLE   45,700 0 0
FACEBOOK INC CL A COM 30303M102 4,888 56,993 SH   SOLE   56,993 0 0
FIRST REP BK SAN FRANCISCO CAL COM 33616C100 6,620 105,036 SH   SOLE   105,036 0 0
FRANKLIN COVEY CO COM COM 353469109 1,020 50,287 SH   SOLE   50,287 0 0
FRONTIER FDS INC MFG INFR INST COM 35908Y807 149 11,400 SH   SOLE   11,400 0 0
GENERAL DYNAMICS CORP COM COM 369550108 263 1,854 SH   SOLE   1,854 0 0
GENERAL ELECTRIC CO COM COM 369604103 1,671 62,897 SH   SOLE   62,897 0 0
GILEAD SCIENCES INC COM COM 375558103 7,725 65,982 SH   SOLE   65,982 0 0
GOOGLE INC CL A COM 38259P508 4,969 9,202 SH   SOLE   9,202 0 0
HONEYWELL INTL INC COM COM 438516106 7,228 70,882 SH   SOLE   70,882 0 0
HORMEL FOODS CORP COM COM 440452100 6,611 117,285 SH   SOLE   117,285 0 0
INTEL CORP COM COM 458140100 556 18,278 SH   SOLE   18,278 0 0
INTERNATIONAL BUSINESS MACHS C COM 459200101 536 3,297 SH   SOLE   3,297 0 0
INTUIT COM COM 461202103 5,651 56,081 SH   SOLE   56,081 0 0
JOHNSON & JOHNSON COM COM 478160104 6,739 69,150 SH   SOLE   69,150 0 0
JPMORGAN CHASE & CO COM COM 46625H100 9,255 136,580 SH   SOLE   136,580 0 0
KONINKLIJKE PHILIPS N V NY REG COM 500472303 393 15,453 SH   SOLE   15,453 0 0
LAUDER ESTEE COS INC CL A COM 518439104 4,560 52,616 SH   SOLE   52,616 0 0
LENNOX INTL INC COM COM 526107107 4,963 46,083 SH   SOLE   46,083 0 0
LOWES COS INC COM COM 548661107 5,252 78,428 SH   SOLE   78,428 0 0
MARRIOTT INTL INC NEW CL A COM 571903202 3,127 42,033 SH   SOLE   42,033 0 0
MASTERCARD INC CL A COM 57636Q104 7,392 79,077 SH   SOLE   79,077 0 0
MERCK & CO INC NEW COM COM 58933Y105 225 3,948 SH   SOLE   3,948 0 0
MICROSOFT CORP COM COM 594918104 491 11,122 SH   SOLE   11,122 0 0
NATIONAL OILWELL VARCO INC COM COM 637071101 269 5,567 SH   SOLE   5,567 0 0
NIKE INC CL B COM 654106103 9,008 83,395 SH   SOLE   83,395 0 0
NOVO-NORDISK A S ADR COM 670100205 5,837 106,590 SH   SOLE   106,590 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 4,933 50,232 SH   SOLE   50,232 0 0
O REILLY AUTOMOTIVE INC NEW CO COM 67103H107 8,399 37,169 SH   SOLE   37,169 0 0
ORACLE CORP COM COM 68389X105 5,240 130,019 SH   SOLE   130,019 0 0
PEPSICO INC COM COM 713448108 768 8,224 SH   SOLE   8,224 0 0
PFIZER INC COM COM 717081103 3,508 104,617 SH   SOLE   104,617 0 0
PPG INDS INC COM COM 693506107 321 2,800 SH   SOLE   2,800 0 0
PRAXAIR INC COM COM 74005P104 482 4,028 SH   SOLE   4,028 0 0
PRICE T ROWE GROUP INC COM COM 74144T108 5,171 66,521 SH   SOLE   66,521 0 0
PRINCIPAL FINL GROUP INC COM COM 74251V102 415 8,098 SH   SOLE   8,098 0 0
PROCTER & GAMBLE CO COM COM 742718109 1,019 13,023 SH   SOLE   13,023 0 0
QUALCOMM INC COM COM 747525103 1,096 17,505 SH   SOLE   17,505 0 0
ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 328 5,754 SH   SOLE   5,754 0 0
SCHLUMBERGER LTD COM COM 806857108 6,118 70,988 SH   SOLE   70,988 0 0
SONIC CORP COM COM 835451105 1,837 63,800 SH   SOLE   63,800 0 0
SOUTHWEST AIRLS CO COM COM 844741108 266 8,024 SH   SOLE   8,024 0 0
TORO CO COM COM 891092108 3,759 55,466 SH   SOLE   55,466 0 0
TRAVELERS COMPANIES INC COM COM 89417E109 5,745 59,430 SH   SOLE   59,430 0 0
UNION PAC CORP COM COM 907818108 5,293 55,504 SH   SOLE   55,504 0 0
UNITEDHEALTH GROUP INC COM COM 91324P102 7,035 57,665 SH   SOLE   57,665 0 0
US BANCORP DEL COM NEW COM 902973304 1,639 37,757 SH   SOLE   37,757 0 0
WABTEC CORP COM COM 929740108 5,418 57,489 SH   SOLE   57,489 0 0
WALGREENS BOOTS ALLIANCE INC C COM 931427108 659 7,804 SH   SOLE   7,804 0 0
WATERS CORP COM COM 941848103 360 2,802 SH   SOLE   2,802 0 0
WELLS FARGO & CO NEW COM COM 949746101 9,531 169,470 SH   SOLE   169,470 0 0
XCEL ENERGY INC COM COM 98389B100 259 8,051 SH   SOLE   8,051 0 0
ISHARES TR CORE S&P MCP ETF ETF 464287507 7,245 48,306 SH   SOLE   48,306 0 0
ISHARES TR CORE S&P500 ETF ETF 464287200 6,147 29,662 SH   SOLE   29,662 0 0
ISHARES TR RUS 1000 GRW ETF ETF 464287614 336 3,390 SH   SOLE   3,390 0 0
ISHARES TR RUS 1000 VAL ETF ETF 464287598 1,898 18,398 SH   SOLE   18,398 0 0
ISHARES TR S&P 500 GRWT ETF ETF 464287309 573 5,036 SH   SOLE   5,036 0 0
ISHARES TR S&P 500 VAL ETF ETF 464287408 2,043 22,154 SH   SOLE   22,154 0 0
ISHARES TR S&P MC 400GR ETF ETF 464287606 1,242 7,330 SH   SOLE   7,330 0 0
ISHARES TR S&P MC 400VL ETF ETF 464287705 1,879 14,568 SH   SOLE   14,568 0 0
POWERSHARES ETF TRUST DYNA BUY ETF 73935X286 1,946 40,032 SH   SOLE   40,032 0 0
RYDEX ETF TRUST GUG S&P500 EQ ETF 78355W106 26,613 333,490 SH   SOLE   333,490 0 0
SPDR S&P 500 ETF TR TR UNIT ETF 78462F103 311 1,509 SH   SOLE   1,509 0 0
SPDR SERIES TRUST S&P DIVID ET ETF 78464A763 17,614 231,119 SH   SOLE   231,119 0 0
VANGUARD INDEX FDS TOTAL STK M ETF 922908769 350 3,273 SH   SOLE   3,273 0 0
WISDOMTREE TR EQTY INC FD ETF 97717W208 7,360 123,768 SH   SOLE   123,768 0 0
WISDOMTREE TR MDCP EARN FUND ETF 97717W570 572 6,018 SH   SOLE   6,018 0 0
WISDOMTREE TR TOTAL DIVID FD ETF 97717W109 326 4,460 SH   SOLE   4,460 0 0
ISHARES TR CORE S&P SCP ETF ETF 464287804 16,124 136,780 SH   SOLE   136,780 0 0
ISHARES TR RUS 2000 GRW ETF ETF 464287648 345 2,235 SH   SOLE   2,235 0 0
ISHARES TR RUS 2000 VAL ETF ETF 464287630 2,215 21,726 SH   SOLE   21,726 0 0
ISHARES TR RUSSELL 2000 ETF ETF 464287655 351 2,814 SH   SOLE   2,814 0 0
ISHARES TR SP SMCP600GR ETF ETF 464287887 863 6,589 SH   SOLE   6,589 0 0
ISHARES TR SP SMCP600VL ETF ETF 464287879 1,349 11,457 SH   SOLE   11,457 0 0
WISDOMTREE TR SMALLCAP DIVID ETF 97717W604 3,548 50,376 SH   SOLE   50,376 0 0
ISHARES TR MSCI EAFE ETF ETF 464287465 2,208 34,770 SH   SOLE   34,770 0 0
WISDOMTREE TR EUROPE HEDGED EQ ETF 97717X701 3,060 49,689 SH   SOLE   49,689 0 0
ISHARES TR MSCI EMG MKT ETF ETF 464287234 1,279 32,274 SH   SOLE   32,274 0 0
VANGUARD INTL EQUITY INDEX FD ETF 922042858 429 10,490 SH   SOLE   10,490 0 0
WISDOMTREE TR EMG MKTS SMCAP ETF 97717W281 311 7,172 SH   SOLE   7,172 0 0
INDEXIQ ETF TR HEDGE MLTI ETF ETF 45409B107 1,600 54,086 SH   SOLE   54,086 0 0
IVY HIGH INC OPPORTUNITIES FD ETF 465893105 374 25,000 SH   SOLE   25,000 0 0
ALPS ETF TR ALERIAN MLP ETF 00162Q866 4,356 279,920 SH   SOLE   279,920 0 0
UBS AG JERSEY BRH ALERIAN INFR ETF 902641646 6,893 196,334 SH   SOLE   196,334 0 0
SPDR SERIES TRUST DJ REIT ETF ETF 78464A607 329 3,901 SH   SOLE   3,901 0 0
VANGUARD INDEX FDS REIT ETF ETF 922908553 971 13,001 SH   SOLE   13,001 0 0
DOUBLELINE INCOME SOLUTIONS FD ETF 258622109 448 22,636 SH   SOLE   22,636 0 0