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 Company COM 88579Y101 237 1,522 SH   SOLE   1,522 0 0
AIG Warrants Expire 1/19/21 COM 026874156 570 407,476 SH   SOLE   407,476 0 0
AT&T, Inc. COM 00206R102 2,619 86,649 SH   SOLE   86,649 0 0
Agilent Technologies Inc. COM 00846U101 359 4,061 SH   SOLE   4,061 0 0
Alibaba Group Holding Limited COM 01609w102 591 2,742 SH   SOLE   2,742 0 0
Alphabet Inc Cl A COM 02079k305 573 404 SH   SOLE   404 0 0
Alphabet Inc Cl C COM 02079k107 753 533 SH   SOLE   533 0 0
Amazon.Com Inc. COM 023135106 753 273 SH   SOLE   273 0 0
American Express Company COM 025816109 1,332 13,988 SH   SOLE   13,988 0 0
American International Group N COM 026874784 1,104 35,406 SH   SOLE   35,406 0 0
Amgen Inc. COM 031162100 526 2,230 SH   SOLE   2,230 0 0
Apollo Commercial Real Estate COM 03762U105 314 32,000 SH   SOLE   32,000 0 0
Apollo Global Management Inc. COM 03768e105 3,041 60,925 SH   SOLE   60,925 0 0
Apple Inc. COM 037833100 11,072 30,350 SH   SOLE   30,350 0 0
Applied Materials Inc COM 038222105 478 7,900 SH   SOLE   7,900 0 0
Autodesk Inc COM 052769106 340 1,420 SH   SOLE   1,420 0 0
Banco Santander, S.A. (ADR) COM 05964h105 93 38,726 SH   SOLE   38,726 0 0
Bank of America Corp. COM 060505104 3,298 138,858 SH   SOLE   138,858 0 0
Becton Dickinson & Co COM 075887109 806 3,370 SH   SOLE   3,370 0 0
Berkshire Hathaway Cl B COM 084670702 1,645 9,213 SH   SOLE   9,213 0 0
Blackstone Group Inc. Cl A COM 09260D107 3,775 66,625 SH   SOLE   66,625 0 0
Blackstone Mortgage Trust, Inc COM 09257W100 291 12,100 SH   SOLE   12,100 0 0
Boeing Company COM 097023105 1,060 5,782 SH   SOLE   5,782 0 0
Bristol-Myers Squibb Co. COM 110122108 989 16,813 SH   SOLE   16,813 0 0
Brookfield Asset Management Cl COM 112585104 1,263 38,398 SH   SOLE   38,398 0 0
CSX Corp. COM 126408103 265 3,800 SH   SOLE   3,800 0 0
CVS Health Corp. COM 126650100 1,856 28,566 SH   SOLE   28,566 0 0
Carlyle Group COM 14316J108 3,879 139,045 SH   SOLE   139,045 0 0
Caterpillar Inc. COM 149123101 793 6,271 SH   SOLE   6,271 0 0
CenturyLink Inc. COM 156700106 1,904 189,839 SH   SOLE   189,839 0 0
Charles Schwab Corp. COM 808513105 1,341 39,752 SH   SOLE   39,752 0 0
Chevron Corporation COM 166764100 511 5,730 SH   SOLE   5,730 0 0
Cisco Systems Inc COM 17275R102 1,836 39,365 SH   SOLE   39,365 0 0
Citigroup Inc. COM 172967424 1,935 37,872 SH   SOLE   37,872 0 0
Comcast Corp New Cl A COM 20030N101 2,378 61,015 SH   SOLE   61,015 0 0
ConocoPhillips COM 20825C104 454 10,800 SH   SOLE   10,800 0 0
Costco Wholesale Corp. New COM 22160K105 1,738 5,731 SH   SOLE   5,731 0 0
DXC Technology Company Com. COM 23355l106 464 28,111 SH   SOLE   28,111 0 0
Danaher Corporation COM 235851102 248 1,400 SH   SOLE   1,400 0 0
Dell Inc COM 24703l202 407 7,417 SH   SOLE   7,417 0 0
Discovery Communications Ser C COM 25470F302 482 25,013 SH   SOLE   25,013 0 0
Exxon Mobil Corp. COM 30231G102 487 10,881 SH   SOLE   10,881 0 0
Facebook Inc. COM 30303m102 686 3,020 SH   SOLE   3,020 0 0
FedEx Corp. COM 31428X106 1,953 13,925 SH   SOLE   13,925 0 0
Fiat Chrysler Automobiles N.V. COM N31738102 359 35,050 SH   SOLE   35,050 0 0
General Electric Company COM 369604103 2,559 374,650 SH   SOLE   374,650 0 0
Gilead Sciences Inc. COM 375558103 407 5,290 SH   SOLE   5,290 0 0
GlaxoSmithKline Plc (ADR) COM 37733W105 202 4,959 SH   SOLE   4,959 0 0
Goldman Sachs Group Inc. COM 38141G104 302 1,530 SH   SOLE   1,530 0 0
HP Inc. COM 40434l105 677 38,866 SH   SOLE   38,866 0 0
Hewlett Packard Enterprise Com COM 42824c109 426 43,796 SH   SOLE   43,796 0 0
Home Depot Inc. COM 437076102 3,378 13,484 SH   SOLE   13,484 0 0
Honeywell International Inc. COM 438516106 1,363 9,426 SH   SOLE   9,426 0 0
Host Hotels & Resorts, Inc. COM 44107P104 287 26,573 SH   SOLE   26,573 0 0
Humana Inc. COM 444859102 1,101 2,840 SH   SOLE   2,840 0 0
Impinj Inc. COM 453204109 224 8,150 SH   SOLE   8,150 0 0
Intel Corp. COM 458140100 2,392 39,986 SH   SOLE   39,986 0 0
International Bancshares Corp. COM 459044103 10,503 328,025 SH   SOLE   328,025 0 0
International Business Machine COM 459200101 807 6,685 SH   SOLE   6,685 0 0
JPMorgan Chase & Co. COM 46625H100 2,123 22,566 SH   SOLE   22,566 0 0
Johnson & Johnson COM 478160104 1,510 10,735 SH   SOLE   10,735 0 0
Johnson Controls Inc. COM g51502105 326 9,562 SH   SOLE   9,562 0 0
KKR & Co. Inc. LP Delaware COM 48251w104 4,019 130,150 SH   SOLE   130,150 0 0
Koninklijke Philips Electronic COM 500472303 1,222 26,090 SH   SOLE   26,090 0 0
Lockheed Martin Corp. COM 539830109 895 2,453 SH   SOLE   2,453 0 0
Lowe's Companies, Inc. COM 548661107 500 3,700 SH   SOLE   3,700 0 0
Marriott International, Inc. C COM 571903202 351 4,100 SH   SOLE   4,100 0 0
Marsh & McLennan Companies, In COM 571748102 271 2,520 SH   SOLE   2,520 0 0
McDonald's Corp. COM 580135101 1,758 9,531 SH   SOLE   9,531 0 0
McKesson Corp. COM 58155Q103 382 2,487 SH   SOLE   2,487 0 0
Medtronic Inc. COM g5960L103 378 4,120 SH   SOLE   4,120 0 0
Merck & Co. Inc. New COM 58933Y105 360 4,651 SH   SOLE   4,651 0 0
Microsoft Corp. COM 594918104 5,875 28,866 SH   SOLE   28,866 0 0
Nike Inc. Cl B COM 654106103 547 5,576 SH   SOLE   5,576 0 0
Nokia Corp (ADR) COM 654902204 664 150,797 SH   SOLE   150,797 0 0
Oracle Corp. COM 68389X105 2,115 38,267 SH   SOLE   38,267 0 0
PNC Financial Services Group, COM 693475105 366 3,475 SH   SOLE   3,475 0 0
Paypal Holdings Inc. COM 70450y103 3,251 18,658 SH   SOLE   18,658 0 0
Pepsico, Inc. COM 713448108 653 4,936 SH   SOLE   4,936 0 0
Pfizer, Inc. COM 717081103 1,029 31,456 SH   SOLE   31,456 0 0
Philip Morris International In COM 718172109 418 5,971 SH   SOLE   5,971 0 0
Procter & Gamble Co. COM 742718109 2,076 17,366 SH   SOLE   17,366 0 0
Qualcomm Inc. COM 747525103 837 9,173 SH   SOLE   9,173 0 0
Qurate Retail Group COM 74915m100 128 13,490 SH   SOLE   13,490 0 0
Raytheon Technologies Corp COM 75513E101 387 6,284 SH   SOLE   6,284 0 0
Royal Dutch Shell Plc COM 780259107 298 9,775 SH   SOLE   9,775 0 0
SAP AG (ADR) COM 803054204 799 5,710 SH   SOLE   5,710 0 0
SJW Group Com COM 784305104 431 6,945 SH   SOLE   6,945 0 0
Schlumberger Ltd F COM 806857108 257 13,955 SH   SOLE   13,955 0 0
Sony Corp. (ADR) COM 835699307 1,411 20,417 SH   SOLE   20,417 0 0
TE Connectivity Ltd. F COM h84989104 917 11,239 SH   SOLE   11,239 0 0
Teva Pharmaceutical Industries COM 881624209 609 49,368 SH   SOLE   49,368 0 0
The Walt Disney Co. COM 254687106 1,651 14,802 SH   SOLE   14,802 0 0
Thermo Fisher Scientific Inc. COM 883556102 798 2,202 SH   SOLE   2,202 0 0
Toyota Motor Corp. (ADR) COM 892331307 207 1,650 SH   SOLE   1,650 0 0
UBS Group CHF0.10 COM H42097107 539 46,680 SH   SOLE   46,680 0 0
UnitedHealth Group, Inc. COM 91324P102 5,201 17,633 SH   SOLE   17,633 0 0
Verizon Communications Inc. COM 92343V104 569 10,329 SH   SOLE   10,329 0 0
ViacomCBS Class B COM 92556H206 804 34,470 SH   SOLE   34,470 0 0
Visa, Inc. Cl A COM 92826C839 404 2,089 SH   SOLE   2,089 0 0
Vishay Intertechnology Inc. COM 928298108 171 11,200 SH   SOLE   11,200 0 0
WPP PLC F Sponsored ADR COM 92937A102 355 9,075 SH   SOLE   9,075 0 0
Wal-Mart Inc. COM 931142103 1,225 10,230 SH   SOLE   10,230 0 0
Waste Management Inc. COM 94106L109 583 5,500 SH   SOLE   5,500 0 0
Wells Fargo & Co. New COM 949746101 1,357 53,020 SH   SOLE   53,020 0 0
Yum China Holdings Inc. COM 98850p109 588 12,230 SH   SOLE   12,230 0 0
Yum! Brands, Inc. COM 988498101 1,032 11,879 SH   SOLE   11,879 0 0
eBay, Inc. COM 278642103 1,028 19,600 SH   SOLE   19,600 0 0
Consumer Discret Sel Sect SPDR COM 81369Y407 213 1,665 SH   SOLE   1,665 0 0
DB X-Trackers MSCI Europe UCIT COM 233051853 515 8,145 SH   SOLE   8,145 0 0
Direxion Daily Financial Bull COM 25459y694 375 12,000 SH   SOLE   12,000 0 0
Energy Select Sector SPDR COM 81369Y506 3,763 99,420 SH   SOLE   99,420 0 0
Financial Select Sector SPDR COM 81369Y605 910 39,318 SH   SOLE   39,318 0 0
Global X MLP & Energy Infrastr COM 37954y293 2,978 119,705 SH   SOLE   119,705 0 0
Global X Robotics & AI Themati COM 37954y715 4,332 181,485 SH   SOLE   181,485 0 0
Global X Silver Miners ETF COM 37954y848 352 9,495 SH   SOLE   9,495 0 0
Health Care Sector Select SPDR COM 81369Y209 1,182 11,814 SH   SOLE   11,814 0 0
Industrial Select Sector SPDR COM 81369y704 1,277 18,595 SH   SOLE   18,595 0 0
Invesco KBW Bank ETF COM 46138e628 11,340 296,627 SH   SOLE   296,627 0 0
Invesco KBW Regional Banking COM 46138e578 694 19,271 SH   SOLE   19,271 0 0
Invesco QQQ Trust Series 1 COM 46090e103 12,467 50,353 SH   SOLE   50,353 0 0
Materials Select Sector SPDR E COM 81369Y100 998 17,715 SH   SOLE   17,715 0 0
ProShares Ultra Pro S&P500 COM 74347x864 798 18,000 SH   SOLE   18,000 0 0
SPDR Dow Jones Global Real Est COM 78463x749 1,641 42,038 SH   SOLE   42,038 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 964 3,740 SH   SOLE   3,740 0 0
SPDR Gold Trust ETF COM 78463v107 326 1,950 SH   SOLE   1,950 0 0
SPDR KBW Regional Banking ETF COM 78464A698 1,032 26,895 SH   SOLE   26,895 0 0
SPDR S&P 400 Mid Cap Value ETF COM 78464A839 412 9,655 SH   SOLE   9,655 0 0
SPDR S&P 500 Index ETF COM 78462F103 2,446 7,931 SH   SOLE   7,931 0 0
SPDR S&P Bank ETF COM 78464A797 244 7,737 SH   SOLE   7,737 0 0
SPDR S&P Global Natural Resour COM 78463X541 3,847 104,177 SH   SOLE   104,177 0 0
SPDR S&P Homebuilders ETF COM 78464a888 245 5,575 SH   SOLE   5,575 0 0
SPDR S&P MidCap 400 ETF COM 78467Y107 899 2,772 SH   SOLE   2,772 0 0
Schwab 1000 Index ETF COM 808524722 370 12,175 SH   SOLE   12,175 0 0
Schwab Emerging Markets Equity COM 808524706 621 25,512 SH   SOLE   25,512 0 0
Schwab Fundamental Intl Large COM 808524755 388 16,328 SH   SOLE   16,328 0 0
Schwab Fundamental US Broad Mk COM 808524789 404 11,139 SH   SOLE   11,139 0 0
Schwab Fundamental US Large Co COM 808524771 350 9,500 SH   SOLE   9,500 0 0
Schwab International Equity ET COM 808524805 610 20,505 SH   SOLE   20,505 0 0
Schwab International Small Cap COM 808524888 1,208 40,840 SH   SOLE   40,840 0 0
Schwab Strategic US Large Cap COM 808524300 372 3,660 SH   SOLE   3,660 0 0
Schwab US Broad Market ETF COM 808524102 1,044 14,207 SH   SOLE   14,207 0 0
Schwab US Large Cap Value ETF COM 808524409 492 9,827 SH   SOLE   9,827 0 0
Schwab US Mid Cap ETF COM 808524508 607 11,540 SH   SOLE   11,540 0 0
Technology Select Sector SPDR COM 81369Y803 572 5,470 SH   SOLE   5,470 0 0
Vaneck Vectors Gold Miners ETF COM 92189f106 378 10,300 SH   SOLE   10,300 0 0
Vanguard Dividend Appreciation COM 921908844 496 4,235 SH   SOLE   4,235 0 0
Vanguard Emerging Markets ETF COM 922042858 3,971 100,241 SH   SOLE   100,241 0 0
Vanguard Energy ETF COM 92204A306 318 6,320 SH   SOLE   6,320 0 0
Vanguard European ETF COM 922042874 1,810 35,960 SH   SOLE   35,960 0 0
Vanguard Extended Market Index COM 922908652 4,314 36,453 SH   SOLE   36,453 0 0
Vanguard FTSE All World Ex-US COM 922042775 4,658 97,830 SH   SOLE   97,830 0 0
Vanguard FTSE All-World Ex-US COM 922042718 1,325 13,710 SH   SOLE   13,710 0 0
Vanguard FTSE Developed Market COM 921943858 401 10,337 SH   SOLE   10,337 0 0
Vanguard Financials ETF COM 92204A405 3,557 62,180 SH   SOLE   62,180 0 0
Vanguard Global ex-US Real Est COM 922042676 964 20,650 SH   SOLE   20,650 0 0
Vanguard Growth ETF COM 922908736 2,235 11,061 SH   SOLE   11,061 0 0
Vanguard Health Care ETF COM 92204A504 692 3,592 SH   SOLE   3,592 0 0
Vanguard High Dividend Yield E COM 921946406 528 6,700 SH   SOLE   6,700 0 0
Vanguard Index Fund Small Cap COM 922908611 273 2,555 SH   SOLE   2,555 0 0
Vanguard Large Cap Index FDS E COM 922908637 214 1,500 SH   SOLE   1,500 0 0
Vanguard Mega Cap 300 Growth I COM 921910816 8,250 50,457 SH   SOLE   50,457 0 0
Vanguard Mega Cap 300 Index ET COM 921910873 376 3,435 SH   SOLE   3,435 0 0
Vanguard Mega Cap 300 Value In COM 921910840 7,279 99,412 SH   SOLE   99,412 0 0
Vanguard Mid Cap Growth ETF COM 922908538 1,826 11,060 SH   SOLE   11,060 0 0
Vanguard Mid-Cap ETF COM 922908629 13,473 82,199 SH   SOLE   82,199 0 0
Vanguard Mid-Cap Value ETF COM 922908512 3,075 32,130 SH   SOLE   32,130 0 0
Vanguard REIT ETF COM 922908553 358 4,555 SH   SOLE   4,555 0 0
Vanguard S&P 500 ETF COM 922908363 221 780 SH   SOLE   780 0 0
Vanguard S&P 500 Growth ETF COM 921932505 282 1,510 SH   SOLE   1,510 0 0
Vanguard Small Cap ETF COM 922908751 1,474 10,113 SH   SOLE   10,113 0 0
Vanguard Small Cap Growth ETF COM 922908595 232 1,160 SH   SOLE   1,160 0 0
Vanguard Total International S COM 921909768 4,045 82,273 SH   SOLE   82,273 0 0
Vanguard Total Stock Mkt ETF COM 922908769 2,653 16,950 SH   SOLE   16,950 0 0
Vanguard Value ETF COM 922908744 5,201 52,225 SH   SOLE   52,225 0 0
iShares Core EAFE COM 46432F842 952 16,649 SH   SOLE   16,649 0 0
iShares Core High Dividend ETF COM 46429B663 243 3,000 SH   SOLE   3,000 0 0
iShares Core MSCI Emerging Mkt COM 46434g103 7,082 148,784 SH   SOLE   148,784 0 0
iShares Core Russell US Growth COM 464287671 323 4,500 SH   SOLE   4,500 0 0
iShares Core S&P 500 ETF COM 464287200 999 3,226 SH   SOLE   3,226 0 0
iShares Core S&P Midcap ETF COM 464287507 3,834 21,562 SH   SOLE   21,562 0 0
iShares Core S&P Small Cap ETF COM 464287804 1,113 16,297 SH   SOLE   16,297 0 0
iShares Core S&P Total US Stoc COM 464287150 372 5,362 SH   SOLE   5,362 0 0
iShares DJ US Home Constructio COM 464288752 2,062 46,715 SH   SOLE   46,715 0 0
iShares MSCI Brazil Index ETF COM 464286400 1,954 67,955 SH   SOLE   67,955 0 0
iShares MSCI EAFE Growth ETF COM 464288885 558 6,710 SH   SOLE   6,710 0 0
iShares MSCI EAFE Index ETF COM 464287465 453 7,437 SH   SOLE   7,437 0 0
iShares MSCI EAFE Value Index COM 464288877 2,539 63,530 SH   SOLE   63,530 0 0
iShares MSCI EMU Index Fund ET COM 464286608 1,228 33,675 SH   SOLE   33,675 0 0
iShares MSCI Emerging Markets COM 464287234 588 14,700 SH   SOLE   14,700 0 0
iShares MSCI Japan Index ETF COM 46434g822 840 15,287 SH   SOLE   15,287 0 0
iShares Nasdaq Biotechnology COM 464287556 2,148 15,716 SH   SOLE   15,716 0 0
iShares Russell 1000 Growth In COM 464287614 2,450 12,765 SH   SOLE   12,765 0 0
iShares Russell 1000 Value Ind COM 464287598 4,247 37,710 SH   SOLE   37,710 0 0
iShares Russell 2000 Index ETF COM 464287655 3,323 23,206 SH   SOLE   23,206 0 0
iShares Russell 2000 Value Ind COM 464287630 531 5,445 SH   SOLE   5,445 0 0
iShares Russell 3000 Index Fun COM 464287689 267 1,482 SH   SOLE   1,482 0 0
iShares Russell Midcap Index F COM 464287499 220 4,100 SH   SOLE   4,100 0 0
iShares Russell Midcap Value I COM 464287473 1,469 19,196 SH   SOLE   19,196 0 0
iShares S & P Small Cap 600 Va COM 464287879 257 2,135 SH   SOLE   2,135 0 0
iShares S&P 100 Index ETF COM 464287101 683 4,795 SH   SOLE   4,795 0 0
iShares S&P 500/Barra Growth E COM 464287309 768 3,701 SH   SOLE   3,701 0 0
iShares S&P 500/Barra Value ET COM 464287408 2,214 20,457 SH   SOLE   20,457 0 0
iShares S&P Global Healthcare COM 464287325 234 3,400 SH   SOLE   3,400 0 0
iShares S&P Global Technology COM 464287291 5,839 24,790 SH   SOLE   24,790 0 0
iShares S&P Midcap 400/Growth COM 464287606 396 1,767 SH   SOLE   1,767 0 0
iShares S&P Midcap 400/Value E COM 464287705 2,007 15,096 SH   SOLE   15,096 0 0
iShares Trust - iShares Core U COM 464287663 268 5,130 SH   SOLE   5,130 0 0
Invesco Currency Shares Euro T COM 46138K103 676 6,375 SH   SOLE   6,375 0 0
PCM Fund, Inc. COM 69323T101 1,622 172,137 SH   SOLE   172,137 0 0
PIMCO Short Maturity ETF COM 72201r833 5,769 56,735 SH   SOLE   56,735 0 0
Templeton Global Income Fund COM 880198106 54 10,000 SH   SOLE   10,000 0 0
Vanguard Short-Term Corporate COM 92206c409 360 4,350 SH   SOLE   4,350 0 0
iShares Short Maturity Bond ET COM 46431W507 501 10,010 SH   SOLE   10,010 0 0
iShares Short Treasury Bond ET COM 464288679 15,413 139,178 SH   SOLE   139,178 0 0