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
Abbott Laboratories Common Stock 002824100 2,003 57,423 SH   SOLE 0 0 57,423 0
Abbvie Inc Common Stock 00287y109 2,085 50,424 SH   SOLE 0 0 50,424 0
Allstate Corp Common Stock 020002101 218 4,531 SH   SOLE 0 0 4,531 0
American Express Co Common Stock 025816109 4,346 58,139 SH   SOLE 0 0 58,139 0
Baxter Intl Inc Common Stock 071813109 3,342 48,251 SH   SOLE 0 0 48,251 0
Cameron International Corp Common Stock 13342b105 218 3,570 SH   SOLE 0 0 3,570 0
Church & Dwight Inc Common Stock 171340102 5,841 94,654 SH   SOLE 0 0 94,654 0
Cisco Systems Inc Common Stock 17275r102 250 10,280 SH   SOLE 0 0 10,280 0
Coach Inc Common Stock 189754104 3,079 53,925 SH   SOLE 0 0 53,925 0
Colgate Palmolive Co Common Stock 194162103 5,761 100,551 SH   SOLE 0 0 100,551 0
ConocoPhillips Common Stock 20825c104 2,503 41,374 SH   SOLE 0 0 41,374 0
DirecTV Common Stock 25490a309 3,696 59,965 SH   SOLE 0 0 59,965 0
Disney Walt Co Disney Common Stock 254687106 5,833 92,371 SH   SOLE 0 0 92,371 0
Ensco PLC Class A Common Stock g3157s106 2,125 36,556 SH   SOLE 0 0 36,556 0
Exxon Mobil Corp Common Stock 30231g102 2,985 33,033 SH   SOLE 0 0 33,033 0
Fifth Third Bancorp Common Stock 316773100 4,128 228,693 SH   SOLE 0 0 228,693 0
First Republic Bank San Fran C Common Stock 33616c100 2,711 70,452 SH   SOLE 0 0 70,452 0
Franklin Resources Inc Common Stock 354613101 3,607 26,521 SH   SOLE 0 0 26,521 0
General Electric Co Common Stock 369604103 3,339 143,979 SH   SOLE 0 0 143,979 0
Hasbro Inc Common Stock 418056107 3,092 68,965 SH   SOLE 0 0 68,965 0
Intel Corp Common Stock 458140100 302 12,470 SH   SOLE 0 0 12,470 0
International Business Machine Common Stock 459200101 5,407 28,292 SH   SOLE 0 0 28,292 0
Johnson & Johnson Common Stock 478160104 298 3,475 SH   SOLE 0 0 3,475 0
JPMorgan Chase & Co Common Stock 46625h100 5,081 96,248 SH   SOLE 0 0 96,248 0
M & T Bank Corp Common Stock 55261f104 245 2,197 SH   SOLE 0 0 2,197 0
McDonalds Corp Common Stock 580135101 313 3,157 SH   SOLE 0 0 3,157 0
Merck & Co Inc Common Stock 58933y105 2,603 56,034 SH   SOLE 0 0 56,034 0
Microsoft Corp Common Stock 594918104 244 7,062 SH   SOLE 0 0 7,062 0
Oracle Corp Common Stock 68389x105 5,407 176,059 SH   SOLE 0 0 176,059 0
Pfizer Inc Common Stock 717081103 2,923 104,352 SH   SOLE 0 0 104,352 0
Procter & Gamble Co Common Stock 742718109 314 4,078 SH   SOLE 0 0 4,078 0
Target Corp Common Stock 87612e106 249 3,610 SH   SOLE 0 0 3,610 0
Texas Instruments Inc Common Stock 882508104 4,360 125,096 SH   SOLE 0 0 125,096 0
Travelers Companies Inc Common Stock 89417e109 2,840 35,533 SH   SOLE 0 0 35,533 0
Trustco Bank Corp NY Common Stock 898349105 340 62,583 SH   SOLE 0 0 62,583 0
Union Pacific Corp Common Stock 907818108 4,286 27,780 SH   SOLE 0 0 27,780 0
United Technologies Corp Common Stock 913017109 3,234 34,798 SH   SOLE 0 0 34,798 0
Verizon Communications Inc Common Stock 92343v104 2,415 47,972 SH   SOLE 0 0 47,972 0
Walgreen Co Common Stock 931422109 309 6,985 SH   SOLE 0 0 6,985 0
Yum Brands Inc Common Stock 988498101 255 3,681 SH   SOLE 0 0 3,681 0
Anheuser-Busch InBev SA NV Sp Common Stock 03524a108 2,826 31,310 SH   SOLE 0 0 31,310 0
Diageo PLC Sp ADR Common Stock 25243q205 203 1,765 SH   SOLE 0 0 1,765 0
Unilever NV NY Common Stock 904784709 335 8,522 SH   SOLE 0 0 8,522 0
iShares Tr Russell 3000 Exchange Traded Fund 464287689 673 6,978 SH   SOLE 0 0 6,978 0
iShares Tr S&P 500 Growth Exchange Traded Fund 464287309 1,207 14,372 SH   SOLE 0 0 14,372 0
iShares Tr S&P 500 Value Exchange Traded Fund 464287408 2,258 29,803 SH   SOLE 0 0 29,803 0
iShares Tr S&P Mid Cap Value Exchange Traded Fund 464287705 211 2,079 SH   SOLE 0 0 2,079 0
iShares Tr S&P Small Cap 600 Exchange Traded Fund 464287804 6,158 68,186 SH   SOLE 0 0 68,186 0
Select Sector SPDR Healthcare Exchange Traded Fund 81369y209 2,438 51,200 SH   SOLE 0 0 51,200 0
Select Sector SPDR Tr SBI Cons Exchange Traded Fund 81369y407 2,416 42,845 SH   SOLE 0 0 42,845 0
Select Sector SPDR Tr SBI Cons Exchange Traded Fund 81369y308 2,087 52,600 SH   SOLE 0 0 52,600 0
Select Sector SPDR Tr SBI Ener Exchange Traded Fund 81369y506 900 11,495 SH   SOLE 0 0 11,495 0
Select Sector SPDR Tr SBI Fina Exchange Traded Fund 81369y605 1,300 66,865 SH   SOLE 0 0 66,865 0
Select Sector SPDR Tr SBI Indu Exchange Traded Fund 81369y704 824 19,330 SH   SOLE 0 0 19,330 0
Select Sector SPDR Tr SBI Mate Exchange Traded Fund 81369y100 2,640 68,840 SH   SOLE 0 0 68,840 0
Select Sector SPDR Tr SBI Tech Exchange Traded Fund 81369y803 2,071 67,700 SH   SOLE 0 0 67,700 0
Select Sector SPDR Tr SBI Util Exchange Traded Fund 81369y886 6,790 180,440 SH   SOLE 0 0 180,440 0
SPDR S&P 500 Index ETF Exchange Traded Fund 78462f103 9,393 58,554 SH   SOLE 0 0 58,554 0
SPDR S&P Mid Cap 400 ETF Tr Exchange Traded Fund 78467y107 12,276 58,427 SH   SOLE 0 0 58,427 0
SPDR Series Trust S&P Div ETF Exchange Traded Fund 78464a763 336 5,065 SH   SOLE 0 0 5,065 0
Vanguard Emerg Mkt ETF Exchange Traded Fund 922042858 2,603 67,092 SH   SOLE 0 0 67,092 0
Vanguard Index Funds Stock Mkt Exchange Traded Fund 922908769 4,490 54,309 SH   SOLE 0 0 54,309 0
Vanguard Intl Equity Index Fun Exchange Traded Fund 922042775 295 6,678 SH   SOLE 0 0 6,678 0
Vanguard Mid Cap 400 Index Exchange Traded Fund 921932885 348 4,468 SH   SOLE 0 0 4,468 0
Vanguard S&P 500 ETF Sh Exchange Traded Fund 922908413 3,689 50,304 SH   SOLE 0 0 50,304 0
Vanguard Tax-Managed Fund Euro Exchange Traded Fund 921943858 5,728 160,896 SH   SOLE 0 0 160,896 0
Vanguard World Fund Mega Growt Exchange Traded Fund 921910816 213 3,526 SH   SOLE 0 0 3,526 0
Vanguard World Fund Mega Value Exchange Traded Fund 921910840 396 8,075 SH   SOLE 0 0 8,075 0
iShares 2018 Inv Grade Bond Exchange Traded Fund 46432fag2 2,403 24,730 SH   SOLE 0 0 24,730 0
iShares Barclays CMBS Exchange Traded Fund 46429b366 7,623 148,923 SH   SOLE 0 0 148,923 0
iShares Tr Barclays 1-3 Years Exchange Traded Fund 464288646 2,978 28,355 SH   SOLE 0 0 28,355 0
iShares Tr Barclays 1-3 Yr Exchange Traded Fund 464287457 228 2,702 SH   SOLE 0 0 2,702 0
iShares Tr Barclays Interm Cre Exchange Traded Fund 464288638 5,513 51,182 SH   SOLE 0 0 51,182 0
iShares Tr Barclays Interm Gov Exchange Traded Fund 464288612 6,896 62,785 SH   SOLE 0 0 62,785 0
iShares Tr Barclays US Aggreg Exchange Traded Fund 464287226 11,537 107,616 SH   SOLE 0 0 107,616 0
Vanguard Bond Index Fund Inc T Exchange Traded Fund 921937835 4,114 50,868 SH   SOLE 0 0 50,868 0