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
3M Co cs 88579y101 210 1,273 SH   SOLE   0 1,273 0
Abbott Laboratories cs 002824100 2,928 63,196 SH   SOLE   0 63,196 0
Actavis PLC cs g0083b108 3,132 10,525 SH   SOLE   0 10,525 0
Allstate Corp cs 020002101 4,302 60,448 SH   SOLE   0 60,448 0
American Electric Power Inc cs 025537101 218 3,870 SH   SOLE   0 3,870 0
American Express Co cs 025816109 4,710 60,287 SH   SOLE   0 60,287 0
Apple Inc cs 037833100 7,138 57,369 SH   SOLE   0 57,369 0
Baker Hughes Inc cs 057224107 3,621 56,948 SH   SOLE   0 56,948 0
Bank Montreal Que cs 063671101 237 3,957 SH   SOLE   0 3,957 0
Baxter Intl Inc cs 071813109 203 2,964 SH   SOLE   0 2,964 0
Biogen Inc cs 09062x103 3,933 9,315 SH   SOLE   0 9,315 0
Celgene Corp cs 151020104 2,594 22,506 SH   SOLE   0 22,506 0
Check Point Software Tech Ltd cs m22465104 6,561 80,039 SH   SOLE   0 80,039 0
Church & Dwight Inc cs 171340102 6,268 73,379 SH   SOLE   0 73,379 0
Cisco Systems Inc cs 17275r102 313 11,376 SH   SOLE   0 11,376 0
Coca-Cola Co cs 191216100 220 5,426 SH   SOLE   0 5,426 0
Colgate Palmolive Co cs 194162103 561 8,096 SH   SOLE   0 8,096 0
ConocoPhillips cs 20825c104 2,908 46,701 SH   SOLE   0 46,701 0
Danaher Corp cs 235851102 1,747 20,575 SH   SOLE   0 20,575 0
DirecTV cs 25490a309 5,626 66,110 SH   SOLE   0 66,110 0
Disney Walt Co Disney cs 254687106 10,280 98,006 SH   SOLE   0 98,006 0
DTE Energy Co cs 233331107 210 2,605 SH   SOLE   0 2,605 0
Exxon Mobil Corp cs 30231g102 2,974 34,988 SH   SOLE   0 34,988 0
Fifth Third Bancorp cs 316773100 284 15,044 SH   SOLE   0 15,044 0
First Republic Bank San Fran C cs 33616c100 4,537 79,475 SH   SOLE   0 79,475 0
Fiserv Inc cs 337738108 5,455 68,709 SH   SOLE   0 68,709 0
Franklin Resources Inc cs 354613101 4,268 83,164 SH   SOLE   0 83,164 0
General Electric Co cs 369604103 800 32,255 SH   SOLE   0 32,255 0
Gilead Sciences Inc cs 375558103 2,057 20,962 SH   SOLE   0 20,962 0
Intel Corp cs 458140100 414 13,227 SH   SOLE   0 13,227 0
International Business Machine cs 459200101 319 1,987 SH   SOLE   0 1,987 0
Johnson & Johnson cs 478160104 940 9,340 SH   SOLE   0 9,340 0
JPMorgan Chase & Co cs 46625h100 484 7,992 SH   SOLE   0 7,992 0
Lowes Cos Inc cs 548661107 4,577 61,534 SH   SOLE   0 61,534 0
M & T Bank Corp cs 55261f104 307 2,415 SH   SOLE   0 2,415 0
McDonalds Corp cs 580135101 292 2,997 SH   SOLE   0 2,997 0
McKesson Corp cs 58155q103 2,458 10,865 SH   SOLE   0 10,865 0
Merck & Co Inc cs 58933y105 367 6,393 SH   SOLE   0 6,393 0
Microsoft Corp cs 594918104 396 9,739 SH   SOLE   0 9,739 0
Mylan NV Euro cs n59465109 6,178 104,099 SH   SOLE   0 104,099 0
Northrop Grumman Corp cs 666807102 246 1,526 SH   SOLE   0 1,526 0
NVIDIA Corp cs 67066g104 4,775 228,194 SH   SOLE   0 228,194 0
Pfizer Inc cs 717081103 1,212 34,841 SH   SOLE   0 34,841 0
Procter & Gamble Co cs 742718109 331 4,039 SH   SOLE   0 4,039 0
Stericycle Inc cs 858912108 1,836 13,075 SH   SOLE   0 13,075 0
Target Corp cs 87612e106 4,411 53,746 SH   SOLE   0 53,746 0
Texas Instruments Inc cs 882508104 7,153 125,089 SH   SOLE   0 125,089 0
Travelers Companies Inc cs 89417e109 4,117 38,076 SH   SOLE   0 38,076 0
Trustco Bank Corp NY cs 898349105 437 63,579 SH   SOLE   0 63,579 0
Union Pacific Corp cs 907818108 6,385 58,951 SH   SOLE   0 58,951 0
United Technologies Corp cs 913017109 4,899 41,802 SH   SOLE   0 41,802 0
Valero Energy Corp cs 91913y100 4,415 69,390 SH   SOLE   0 69,390 0
Verizon Communications Inc cs 92343v104 2,682 55,149 SH   SOLE   0 55,149 0
Walgreens Boots Alliance Inc cs 931427108 6,032 71,233 SH   SOLE   0 71,233 0
Yum Brands Inc cs 988498101 320 4,070 SH   SOLE   0 4,070 0
Anheuser-Busch InBev SA NV Sp ad 03524a108 4,067 33,359 SH   SOLE   0 33,359 0
British American Tobacco PLC S ad 110448107 233 2,241 SH   SOLE   0 2,241 0
Novartis AG Sp ADR ad 66987v109 303 3,068 SH   SOLE   0 3,068 0
Unilever NV NY ad 904784709 325 7,782 SH   SOLE   0 7,782 0
iShares Tr Index S&P Small Cap ui 464287887 302 2,318 SH   SOLE   0 2,318 0
iShares Tr MSCI ACWI Ex ui 464288240 10,541 235,823 SH   SOLE   0 235,823 0
iShares Tr Russell 3000 ui 464287689 859 6,936 SH   SOLE   0 6,936 0
iShares Tr S&P 500 Growth ui 464287309 6,620 58,098 SH   SOLE   0 58,098 0
iShares Tr S&P 500 Value ui 464287408 3,522 38,049 SH   SOLE   0 38,049 0
iShares Tr S&P Mid Cap 400 Gro ui 464287606 620 3,615 SH   SOLE   0 3,615 0
iShares Tr S&P Mid Cap Value ui 464287705 355 2,714 SH   SOLE   0 2,714 0
iShares Tr S&P Small Cap 600 ui 464287804 8,560 72,528 SH   SOLE   0 72,528 0
Select Sector SPDR Healthcare ui 81369y209 2,715 37,455 SH   SOLE   0 37,455 0
Select Sector SPDR Tr SBI Cons ui 81369y407 2,329 30,905 SH   SOLE   0 30,905 0
Select Sector SPDR Tr SBI Cons ui 81369y308 1,796 36,855 SH   SOLE   0 36,855 0
Select Sector SPDR Tr SBI Ener ui 81369y506 1,478 19,045 SH   SOLE   0 19,045 0
Select Sector SPDR Tr SBI Fina ui 81369y605 2,936 121,785 SH   SOLE   0 121,785 0
Select Sector SPDR Tr SBI Indu ui 81369y704 1,882 33,750 SH   SOLE   0 33,750 0
Select Sector SPDR Tr SBI Mate ui 81369y100 5,734 117,556 SH   SOLE   0 117,556 0
Select Sector SPDR Tr SBI Tech ui 81369y803 3,976 95,955 SH   SOLE   0 95,955 0
Select Sector SPDR Tr SBI Util ui 81369y886 4,271 96,127 SH   SOLE   0 96,127 0
SPDR S&P 500 Index ETF ui 78462f103 12,046 58,355 SH   SOLE   0 58,355 0
SPDR S&P Mid Cap 400 ETF Tr ui 78467y107 17,644 63,640 SH   SOLE   0 63,640 0
Vanguard Index Funds Stock Mkt ui 922908769 7,096 66,159 SH   SOLE   0 66,159 0
iShares 2018 Inv Grade Bond uh 46432fag2 2,269 22,735 SH   SOLE   0 22,735 0
iShares 2020 Cp Tm ETF uh 46432fbc0 1,567 14,704 SH   SOLE   0 14,704 0
iShares Tr Barclays 1-3 Years uh 464288646 3,839 36,377 SH   SOLE   0 36,377 0
iShares Tr Barclays 1-3 Yr uh 464287457 214 2,522 SH   SOLE   0 2,522 0
iShares Tr Barclays Interm Cre uh 464288638 3,846 34,750 SH   SOLE   0 34,750 0
iShares Tr Barclays Interm Gov uh 464288612 5,604 50,128 SH   SOLE   0 50,128 0
iShares Tr Barclays US Aggreg uh 464287226 831 7,461 SH   SOLE   0 7,461 0
ISHARES TR CMBS ETF uh 46429b366 6,944 133,123 SH   SOLE   0 133,123 0
iShares Tr US Pfd Index uh 464288687 255 6,358 SH   SOLE   0 6,358 0
Vanguard Bond Index Fund Inc S uh 921937827 2,673 33,202 SH   SOLE   0 33,202 0
Vanguard Bond Index Fund Inc T uh 921937835 379 4,550 SH   SOLE   0 4,550 0
Vanguard Index Funds Total Sto ui 922908728 15,279 292,245 SH   SOLE   0 292,245 0
Vanguard Tl Int Stock Index ui 921909818 802 29,726 SH   SOLE   0 29,726 0