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
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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
A T & T Corporation COM 00206R102 267 7,463 SH   SOLE NONE 7,463 0 0
AbbVie, Inc. COM 00287Y109 208 2,195 SH   SOLE NONE 2,178 0 17
Accenture plc SHS CLASS A G1151C101 2,999 19,532 SH   SOLE NONE 16,617 0 2,915
Alphabet, Inc. Cl A CAP STK CL A 02079K305 1,721 1,659 SH   SOLE NONE 1,447 0 212
Alphabet, Inc. Cl C CAP STK CL C 02079K107 2,786 2,700 SH   SOLE NONE 2,206 0 494
American Express Co. COM 025816109 397 4,248 SH   SOLE NONE 3,823 0 425
Apple, Inc. COM 037833100 761 4,534 SH   SOLE NONE 3,274 0 1,260
Bank of America Corporation COM 060505104 6,144 204,846 SH   SOLE NONE 173,368 0 31,478
Berkshire Hathaway A CL A 084670108 599 200 SH   SOLE NONE 200 0 0
BlackRock Corporation High Yield Fund VI COM 09255P107 388 36,579 SH   SOLE NONE 28,329 0 8,250
BlackRock, Inc. COM 09247X101 4,886 9,018 SH   SOLE NONE 7,723 0 1,295
Blackstone Mortgage Trust COM CL A 09257W1D0 3,393 107,976 SH   SOLE NONE 91,356 0 16,620
Boeing Co. COM 097023105 566 1,725 SH   SOLE NONE 1,655 0 70
C S X Corporation COM 126408103 428 7,673 SH   SOLE NONE 7,673 0 0
C&S REIT & Preferred Income Fund, Inc. COM 19247X100 477 25,495 SH   SOLE NONE 22,765 0 2,730
Carnival Corporation UNIT 99/99/9999 143658300 2,174 33,150 SH   SOLE NONE 28,135 0 5,015
Celgene Corporation COM 151020104 592 6,631 SH   SOLE NONE 5,281 0 1,350
Chevron Corporation COM 166764100 2,397 21,011 SH   SOLE NONE 19,546 0 1,465
Cisco Systems, Inc. COM 17275R102 1,426 33,236 SH   SOLE NONE 29,081 0 4,155
Duke Energy Corporation COM NEW 26441C204 427 5,503 SH   SOLE NONE 5,503 0 0
Eaton Corporation plc SHS G29183103 3,039 38,019 SH   SOLE NONE 32,565 0 5,454
Edwards Lifesciences COM 28176E108 646 4,630 SH   SOLE NONE 4,230 0 400
Exxon Mobil Corporation COM 30231G102 2,624 35,169 SH   SOLE NONE 30,297 0 4,872
General Electric Co. COM 369604103 1,459 108,231 SH   SOLE NONE 91,994 0 16,237
General Mills COM 370334104 604 13,400 SH   SOLE NONE 12,400 0 1,000
General Motors Corporation COM 37045v100 1,851 50,917 SH   SOLE NONE 45,290 0 5,627
Gilead Sciences COM 375558103 1,058 14,021 SH   SOLE NONE 11,365 0 2,656
Global Payments, Inc. COM 37940X102 3,351 30,043 SH   SOLE NONE 27,093 0 2,950
Guggenheim China Small Cap GUGG CHN SML CAP 18383Q853 2,937 94,674 SH   SOLE NONE 81,049 0 13,625
Health Care Select Sector SPDR SBI HEALTHCARE 81369Y209 234 2,865 SH   SOLE NONE 2,395 0 470
Honeywell International COM 438516106 599 4,141 SH   SOLE NONE 4,141 0 0
HSBC Holdings plc SPON ADR NEW 404280406 3,583 75,162 SH   SOLE NONE 64,027 0 11,135
Intel Corporation COM 458140100 6,945 133,348 SH   SOLE NONE 118,745 0 14,603
International Business Machines COM 459200101 316 2,057 SH   SOLE NONE 1,731 0 326
iShares China 25 Index CHINA LG-CAP ETF 464287184 1,193 25,247 SH   SOLE NONE 19,987 0 5,260
iShares Core Total Aggregate US Bond CORE US AGGBD ET 464287226 605 5,632 SH   SOLE NONE 4,532 0 1,100
iShares MSCI Emerging Markets Fund MSCI EMG MKT ETF 464287234 384 7,950 SH   SOLE NONE 6,550 0 1,400
iShares S&P 500 Index CORE S&P500 ETF 464287200 907 3,417 SH   SOLE NONE 3,417 0 0
iShares S&P Small Cap 600 Core CORE S&P SCP ETF 464287804 238 3,081 SH   SOLE NONE 3,081 0 0
Johnson & Johnson COM 478160104 3,529 27,535 SH   SOLE NONE 23,463 0 4,072
Kinder Morgan, Inc. COM 49456B101 580 38,503 SH   SOLE NONE 33,378 0 5,125
Merck & Company, Inc. COM 58933Y105 3,673 67,426 SH   SOLE NONE 58,285 0 9,141
MFS Multimarket Income Trust SH BEN INT 552737108 90 15,425 SH   SOLE NONE 15,425 0 0
Microsoft Corporation COM 594918104 4,491 49,198 SH   SOLE NONE 41,388 0 7,810
Mitsubishi UFJ Financial Group Inc. SPONSORED ADS 606822104 1,144 172,190 SH   SOLE NONE 151,240 0 20,950
Mohawk Industries, Inc. COM 608190104 3,217 13,853 SH   SOLE NONE 11,488 0 2,365
NXP Semiconductors N.V. COM N6596X109 2,151 18,383 SH   SOLE NONE 15,483 0 2,900
Occidental Petroleum Corporation COM 674599105 1,814 27,923 SH   SOLE NONE 23,182 0 4,741
Oracle Corporation COM 68389X105 2,466 53,895 SH   SOLE NONE 47,170 0 6,725
PepsiCo, Inc. COM 713448108 509 4,659 SH   SOLE NONE 4,659 0 0
Pfizer, Inc. COM 717081103 521 14,675 SH   SOLE NONE 13,317 0 1,358
Philip Morris International, Inc. COM 718172109 298 2,994 SH   SOLE NONE 2,439 0 555
PNC Financial Services COM 693475105 240 1,584 SH   SOLE NONE 1,584 0 0
PowerShares Emerging Mkts Sovereign Debt SOVEREIGN DEBT 73936T573 4,645 164,756 SH   SOLE NONE 144,085 0 20,671
Praxair, Inc. COM 74005P104 2,666 18,471 SH   SOLE NONE 15,418 0 3,053
Procter & Gamble COM 742718109 2,459 31,008 SH   SOLE NONE 25,830 0 5,178
ProShares Short 20 Year Treasury SHRT 20+ YR TRE 74347X849 1,710 75,315 SH   SOLE NONE 65,515 0 9,800
Quest Diagnostics Inc. COM 74834L100 2,931 29,218 SH   SOLE NONE 24,711 0 4,507
Siemens Aktiengesellschaft SPONSORED ADR 826197501 2,023 31,770 SH   SOLE NONE 27,740 0 4,030
SPDR DB Intl Govt Infl-Protected Bond DB INT GVT ETF 78464A490 6,053 101,634 SH   SOLE NONE 85,024 0 16,610
SPDR Financial Select Sector Fund SBI INT-FINL 81369Y605 344 12,473 SH   SOLE NONE 10,348 0 2,125
SPDR Industrial Select Sector SBI INT-INDS 81369Y704 220 2,956 SH   SOLE NONE 2,606 0 350
SPDR S&P China S&P CHINA ETF 78463X400 1,889 17,059 SH   SOLE NONE 14,687 0 2,372
SPDR Technology Select Sector TECHNOLOGY 81369Y803 488 7,458 SH   SOLE NONE 6,033 0 1,425
Sysco Corporation COM 871829107 235 3,910 SH   SOLE NONE 3,910 0 0
Thermo Fisher Scientific COM 883556102 3,198 15,486 SH   SOLE NONE 12,496 0 2,990
Time Warner, Inc. COM NEW 887317303 3,261 34,475 SH   SOLE NONE 30,730 0 3,745
Total SA SPONSORED ADR 89151E109 1,756 30,427 SH   SOLE NONE 26,092 0 4,335
UGI Corporation COM 902681105 239 5,364 SH   SOLE NONE 5,364 0 0
United Parcel Service CL B 911312106 1,825 17,432 SH   SOLE NONE 14,967 0 2,465
Vanguard Emerging Markets Stock ETF FTSE EMR MKT ETF 922042858 5,682 120,927 SH   SOLE NONE 103,768 0 17,159
Vanguard European Stock ETF FTSE EUROPE ETF 922042874 3,117 53,591 SH   SOLE NONE 45,724 0 7,867
Vanguard FTSE Developed Markets ETF FTSE DEV MKT ETF 921943858 10,023 226,486 SH   SOLE NONE 195,021 0 31,465
Vanguard Total Intl Bond Index ETF INTL BD IDX ETF 92203J407 439 8,019 SH   SOLE NONE 6,419 0 1,600
Verizon Communications COM 92343V104 469 9,788 SH   SOLE NONE 8,838 0 950
Vodafone Group plc SPONSORED ADR 92857W308 2,284 82,066 SH   SOLE NONE 71,175 0 10,891
W.P. Carey & Co. COM 92936U109 2,535 40,885 SH   SOLE NONE 35,180 0 5,705
Xylem, Inc. COM 98419M100 3,002 39,015 SH   SOLE NONE 33,940 0 5,075
Yum China Holdings Inc. COM 98850P109 316 7,604 SH   SOLE NONE 7,604 0 0
Yum! Brands, Inc. COM 988498101 658 7,722 SH   SOLE NONE 7,722 0 0