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
Abbott Laboratories Common Stock 002824100 2,328 60,739 SH   SOLE   0 60,739 0
Abbvie Inc Common Stock 00287y109 2,749 52,048 SH   SOLE   0 52,048 0
Allstate Corp Common Stock 020002101 245 4,491 SH   SOLE   0 4,491 0
American Express Co Common Stock 025816109 5,460 60,174 SH   SOLE   0 60,174 0
Bank Montreal Que Common Stock 063671101 222 3,328 SH   SOLE   0 3,328 0
Baxter Intl Inc Common Stock 071813109 3,454 49,657 SH   SOLE   0 49,657 0
Cameron International Corp Common Stock 13342b105 204 3,423 SH   SOLE   0 3,423 0
Check Point Software Tech Ltd Common Stock m22465104 5,039 78,130 SH   SOLE   0 78,130 0
Church & Dwight Inc Common Stock 171340102 6,517 98,322 SH   SOLE   0 98,322 0
Cisco Systems Inc Common Stock 17275r102 234 10,426 SH   SOLE   0 10,426 0
Colgate Palmolive Co Common Stock 194162103 6,824 104,639 SH   SOLE   0 104,639 0
ConocoPhillips Common Stock 20825c104 3,092 43,770 SH   SOLE   0 43,770 0
DirecTV Common Stock 25490a309 4,396 63,655 SH   SOLE   0 63,655 0
Disney Walt Co Disney Common Stock 254687106 7,475 97,846 SH   SOLE   0 97,846 0
Exxon Mobil Corp Common Stock 30231g102 3,434 33,934 SH   SOLE   0 33,934 0
Fifth Third Bancorp Common Stock 316773100 4,876 231,883 SH   SOLE   0 231,883 0
First Republic Bank San Fran C Common Stock 33616c100 3,837 73,293 SH   SOLE   0 73,293 0
Franklin Resources Inc Common Stock 354613101 4,740 82,113 SH   SOLE   0 82,113 0
General Electric Co Common Stock 369604103 4,196 149,705 SH   SOLE   0 149,705 0
Halliburton Co Common Stock 406216101 2,056 40,512 SH   SOLE   0 40,512 0
Hasbro Inc Common Stock 418056107 3,903 70,951 SH   SOLE   0 70,951 0
Intel Corp Common Stock 458140100 325 12,530 SH   SOLE   0 12,530 0
International Business Machine Common Stock 459200101 4,690 25,006 SH   SOLE   0 25,006 0
Johnson & Johnson Common Stock 478160104 599 6,541 SH   SOLE   0 6,541 0
Johnson Controls Inc Common Stock 478366107 3,710 72,325 SH   SOLE   0 72,325 0
JPMorgan Chase & Co Common Stock 46625h100 5,782 98,872 SH   SOLE   0 98,872 0
M & T Bank Corp Common Stock 55261f104 257 2,207 SH   SOLE   0 2,207 0
McDonalds Corp Common Stock 580135101 309 3,185 SH   SOLE   0 3,185 0
Merck & Co Inc Common Stock 58933y105 2,989 59,716 SH   SOLE   0 59,716 0
Microsoft Corp Common Stock 594918104 336 8,978 SH   SOLE   0 8,978 0
Mylan Inc Common Stock 628530107 4,623 106,515 SH   SOLE   0 106,515 0
Northrop Grumman Corp Common Stock 666807102 206 1,797 SH   SOLE   0 1,797 0
Oracle Corp Common Stock 68389x105 5,388 140,826 SH   SOLE   0 140,826 0
Pfizer Inc Common Stock 717081103 3,792 123,795 SH   SOLE   0 123,795 0
Procter & Gamble Co Common Stock 742718109 306 3,759 SH   SOLE   0 3,759 0
Target Corp Common Stock 87612e106 231 3,652 SH   SOLE   0 3,652 0
Texas Instruments Inc Common Stock 882508104 5,309 120,904 SH   SOLE   0 120,904 0
Travelers Companies Inc Common Stock 89417e109 3,337 36,859 SH   SOLE   0 36,859 0
Trustco Bank Corp NY Common Stock 898349105 449 62,583 SH   SOLE   0 62,583 0
Union Pacific Corp Common Stock 907818108 4,896 29,144 SH   SOLE   0 29,144 0
United Technologies Corp Common Stock 913017109 4,151 36,481 SH   SOLE   0 36,481 0
Verizon Communications Inc Common Stock 92343v104 2,510 51,074 SH   SOLE   0 51,074 0
Walgreen Co Common Stock 931422109 388 6,760 SH   SOLE   0 6,760 0
Yum Brands Inc Common Stock 988498101 274 3,622 SH   SOLE   0 3,622 0
Anheuser-Busch InBev SA NV Sp Common Stock 03524a108 3,504 32,918 SH   SOLE   0 32,918 0
British American Tobacco PLC S Common Stock 110448107 206 1,921 SH   SOLE   0 1,921 0
BT Group PLC ADR Common Stock 05577e101 252 3,995 SH   SOLE   0 3,995 0
Diageo PLC Sp ADR Common Stock 25243q205 233 1,757 SH   SOLE   0 1,757 0
Novartis AG Sp ADR Common Stock 66987v109 223 2,779 SH   SOLE   0 2,779 0
Unilever NV NY Common Stock 904784709 338 8,407 SH   SOLE   0 8,407 0
iShares Tr MSCI ACWI Ex Exchange Traded Fund 464288240 9,935 212,869 SH   SOLE   0 212,869 0
iShares Tr Russell 3000 Exchange Traded Fund 464287689 764 6,908 SH   SOLE   0 6,908 0
iShares Tr S&P 500 Growth Exchange Traded Fund 464287309 2,981 30,187 SH   SOLE   0 30,187 0
iShares Tr S&P 500 Value Exchange Traded Fund 464287408 1,545 18,083 SH   SOLE   0 18,083 0
iShares Tr S&P Mid Cap 400 Gro Exchange Traded Fund 464287606 283 1,885 SH   SOLE   0 1,885 0
iShares Tr S&P Small Cap 600 Exchange Traded Fund 464287804 7,781 71,300 SH   SOLE   0 71,300 0
Select Sector SPDR Healthcare Exchange Traded Fund 81369y209 2,408 43,440 SH   SOLE   0 43,440 0
Select Sector SPDR Tr SBI Cons Exchange Traded Fund 81369y407 2,372 35,490 SH   SOLE   0 35,490 0
Select Sector SPDR Tr SBI Cons Exchange Traded Fund 81369y308 830 19,300 SH   SOLE   0 19,300 0
Select Sector SPDR Tr SBI Ener Exchange Traded Fund 81369y506 861 9,730 SH   SOLE   0 9,730 0
Select Sector SPDR Tr SBI Fina Exchange Traded Fund 81369y605 3,329 152,295 SH   SOLE   0 152,295 0
Select Sector SPDR Tr SBI Indu Exchange Traded Fund 81369y704 2,169 41,510 SH   SOLE   0 41,510 0
Select Sector SPDR Tr SBI Mate Exchange Traded Fund 81369y100 3,295 71,290 SH   SOLE   0 71,290 0
Select Sector SPDR Tr SBI Tech Exchange Traded Fund 81369y803 1,700 47,570 SH   SOLE   0 47,570 0
Select Sector SPDR Tr SBI Util Exchange Traded Fund 81369y886 3,323 87,518 SH   SOLE   0 87,518 0
SPDR S&P 500 Index ETF Exchange Traded Fund 78462f103 10,894 58,985 SH   SOLE   0 58,985 0
SPDR S&P Mid Cap 400 ETF Tr Exchange Traded Fund 78467y107 15,008 61,459 SH   SOLE   0 61,459 0
SPDR Series Trust S&P Div ETF Exchange Traded Fund 78464a763 368 5,068 SH   SOLE   0 5,068 0
Vanguard Index Funds Stock Mkt Exchange Traded Fund 922908769 6,635 69,176 SH   SOLE   0 69,176 0
iShares 2018 Inv Grade Bond Exchange Traded Fund 46432fag2 2,377 24,300 SH   SOLE   0 24,300 0
iShares Barclays CMBS Exchange Traded Fund 46429b366 7,357 144,123 SH   SOLE   0 144,123 0
iShares Sht Mat Bond ETF Exchange Traded Fund 46431w507 412 8,210 SH   SOLE   0 8,210 0
iShares Tr Barclays 1-3 Years Exchange Traded Fund 464288646 3,858 36,580 SH   SOLE   0 36,580 0
iShares Tr Barclays 1-3 Yr Exchange Traded Fund 464287457 224 2,652 SH   SOLE   0 2,652 0
iShares Tr Barclays Interm Cre Exchange Traded Fund 464288638 4,989 46,248 SH   SOLE   0 46,248 0
iShares Tr Barclays Interm Gov Exchange Traded Fund 464288612 6,152 56,223 SH   SOLE   0 56,223 0
iShares Tr Barclays US Aggreg Exchange Traded Fund 464287226 937 8,803 SH   SOLE   0 8,803 0
Vanguard Bond Index Fund Inc S Exchange Traded Fund 921937827 2,539 31,760 SH   SOLE   0 31,760 0
Vanguard Bond Index Fund Inc T Exchange Traded Fund 921937835 293 3,665 SH   SOLE   0 3,665 0
Vanguard Index Funds Total Sto Exchange Traded Fund 922908488 13,333 295,892 SH   SOLE   0 295,892 0
Vanguard Total Intl Stock Sign Exchange Traded Fund 921909792 804 23,938 SH   SOLE   0 23,938 0