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 242 1,511 SH   SOLE   1,511 0 0
AIG Warrants Expire 1/19/21 COM 026874156 61 381,276 SH   SOLE   381,276 0 0
AT&T, Inc. COM 00206R102 2,439 85,549 SH   SOLE   85,549 0 0
Agilent Technologies Inc. COM 00846U101 406 4,021 SH   SOLE   4,021 0 0
Alibaba Group Holding Limited COM 01609w102 821 2,792 SH   SOLE   2,792 0 0
Alphabet Inc Cl A COM 02079k305 563 384 SH   SOLE   384 0 0
Alphabet Inc Cl C COM 02079k107 742 505 SH   SOLE   505 0 0
Amazon.Com Inc. COM 023135106 778 247 SH   SOLE   247 0 0
American Express Company COM 025816109 1,372 13,683 SH   SOLE   13,683 0 0
American International Group N COM 026874784 989 35,931 SH   SOLE   35,931 0 0
Amgen Inc. COM 031162100 566 2,227 SH   SOLE   2,227 0 0
Apollo Commercial Real Estate COM 03762U105 371 41,200 SH   SOLE   41,200 0 0
Apollo Global Management Inc. COM 03768e105 2,742 61,270 SH   SOLE   61,270 0 0
Apple Inc. COM 037833100 13,884 119,885 SH   SOLE   119,885 0 0
Applied Materials Inc COM 038222105 470 7,900 SH   SOLE   7,900 0 0
Assurant Inc. COM 04621X108 218 1,800 SH   SOLE   1,800 0 0
Autodesk Inc COM 052769106 328 1,420 SH   SOLE   1,420 0 0
Banco Santander, S.A. (ADR) COM 05964h105 57 30,725 SH   SOLE   30,725 0 0
Bank of America Corp. COM 060505104 4,229 175,563 SH   SOLE   175,563 0 0
Becton Dickinson & Co COM 075887109 784 3,370 SH   SOLE   3,370 0 0
Berkshire Hathaway Cl B COM 084670702 1,813 8,513 SH   SOLE   8,513 0 0
Blackstone Group Inc. Cl A COM 09260D107 3,495 66,955 SH   SOLE   66,955 0 0
Blackstone Mortgage Trust, Inc COM 09257W100 286 13,000 SH   SOLE   13,000 0 0
Boeing Company COM 097023105 964 5,832 SH   SOLE   5,832 0 0
Bristol-Myers Squibb Co. COM 110122108 1,011 16,763 SH   SOLE   16,763 0 0
Brookfield Asset Management Cl COM 112585104 1,392 42,118 SH   SOLE   42,118 0 0
CSX Corp. COM 126408103 295 3,800 SH   SOLE   3,800 0 0
CVS Health Corp. COM 126650100 1,671 28,615 SH   SOLE   28,615 0 0
Carlyle Group COM 14316J108 3,345 135,600 SH   SOLE   135,600 0 0
Caterpillar Inc. COM 149123101 935 6,271 SH   SOLE   6,271 0 0
Charles Schwab Corp. COM 808513105 1,509 41,649 SH   SOLE   41,649 0 0
Chevron Corporation COM 166764100 395 5,491 SH   SOLE   5,491 0 0
Cisco Systems Inc COM 17275R102 1,598 40,565 SH   SOLE   40,565 0 0
Citigroup Inc. COM 172967424 2,435 56,487 SH   SOLE   56,487 0 0
Coca-Cola Co. COM 191216100 209 4,239 SH   SOLE   4,239 0 0
Comcast Corp New Cl A COM 20030N101 2,823 61,015 SH   SOLE   61,015 0 0
ConocoPhillips COM 20825C104 345 10,500 SH   SOLE   10,500 0 0
Costco Wholesale Corp. New COM 22160K105 1,946 5,481 SH   SOLE   5,481 0 0
DXC Technology Company Com. COM 23355l106 502 28,111 SH   SOLE   28,111 0 0
Danaher Corporation COM 235851102 301 1,400 SH   SOLE   1,400 0 0
Dell Inc COM 24703l202 497 7,342 SH   SOLE   7,342 0 0
Discovery Communications Ser C COM 25470F302 532 27,163 SH   SOLE   27,163 0 0
Exxon Mobil Corp. COM 30231G102 409 11,928 SH   SOLE   11,928 0 0
Facebook Inc. COM 30303m102 752 2,870 SH   SOLE   2,870 0 0
FedEx Corp. COM 31428X106 3,401 13,520 SH   SOLE   13,520 0 0
Fiat Chrysler Automobiles N.V. COM N31738102 428 35,050 SH   SOLE   35,050 0 0
General Electric Company COM 369604103 2,336 374,910 SH   SOLE   374,910 0 0
Gilead Sciences Inc. COM 375558103 318 5,040 SH   SOLE   5,040 0 0
Goldman Sachs Group Inc. COM 38141G104 307 1,530 SH   SOLE   1,530 0 0
HP Inc. COM 40434l105 738 38,866 SH   SOLE   38,866 0 0
Hewlett Packard Enterprise Com COM 42824c109 374 39,946 SH   SOLE   39,946 0 0
Home Depot Inc. COM 437076102 3,608 12,992 SH   SOLE   12,992 0 0
Honeywell International Inc. COM 438516106 1,552 9,426 SH   SOLE   9,426 0 0
Host Hotels & Resorts, Inc. COM 44107P104 307 28,423 SH   SOLE   28,423 0 0
Humana Inc. COM 444859102 1,175 2,840 SH   SOLE   2,840 0 0
Impinj Inc. COM 453204109 215 8,150 SH   SOLE   8,150 0 0
Intel Corp. COM 458140100 2,133 41,186 SH   SOLE   41,186 0 0
International Bancshares Corp. COM 459044103 8,548 328,025 SH   SOLE   328,025 0 0
International Business Machine COM 459200101 773 6,352 SH   SOLE   6,352 0 0
JPMorgan Chase & Co. COM 46625H100 3,109 32,296 SH   SOLE   32,296 0 0
Johnson & Johnson COM 478160104 1,647 11,060 SH   SOLE   11,060 0 0
Johnson Controls Inc. COM g51502105 391 9,562 SH   SOLE   9,562 0 0
KKR & Co. Inc. LP Delaware COM 48251w104 4,394 127,965 SH   SOLE   127,965 0 0
Koninklijke Philips Electronic COM 500472303 1,244 26,387 SH   SOLE   26,387 0 0
Lockheed Martin Corp. COM 539830109 940 2,453 SH   SOLE   2,453 0 0
Lowe's Companies, Inc. COM 548661107 576 3,475 SH   SOLE   3,475 0 0
Lumen Technologies, Inc. COM 156700106 1,872 185,489 SH   SOLE   185,489 0 0
Marriott International, Inc. C COM 571903202 389 4,200 SH   SOLE   4,200 0 0
Marsh & McLennan Companies, In COM 571748102 289 2,520 SH   SOLE   2,520 0 0
McDonald's Corp. COM 580135101 2,092 9,531 SH   SOLE   9,531 0 0
McKesson Corp. COM 58155Q103 370 2,487 SH   SOLE   2,487 0 0
Medtronic Inc. COM g5960L103 428 4,120 SH   SOLE   4,120 0 0
Merck & Co. Inc. New COM 58933Y105 386 4,651 SH   SOLE   4,651 0 0
Microsoft Corp. COM 594918104 5,892 28,015 SH   SOLE   28,015 0 0
Motorola Solutions Inc. COM 620076307 203 1,297 SH   SOLE   1,297 0 0
Nike Inc. Cl B COM 654106103 700 5,576 SH   SOLE   5,576 0 0
Nokia Corp (ADR) COM 654902204 587 150,047 SH   SOLE   150,047 0 0
Oracle Corp. COM 68389X105 2,292 38,385 SH   SOLE   38,385 0 0
PNC Financial Services Group, COM 693475105 382 3,475 SH   SOLE   3,475 0 0
Paypal Holdings Inc. COM 70450y103 3,614 18,343 SH   SOLE   18,343 0 0
Pepsico, Inc. COM 713448108 679 4,901 SH   SOLE   4,901 0 0
Pfizer, Inc. COM 717081103 1,149 31,309 SH   SOLE   31,309 0 0
Philip Morris International In COM 718172109 421 5,612 SH   SOLE   5,612 0 0
Procter & Gamble Co. COM 742718109 2,389 17,186 SH   SOLE   17,186 0 0
Qualcomm Inc. COM 747525103 1,060 9,008 SH   SOLE   9,008 0 0
Qurate Retail Group COM 74915m100 97 13,490 SH   SOLE   13,490 0 0
Raytheon Technologies Corp COM 75513E101 386 6,700 SH   SOLE   6,700 0 0
Royal Dutch Shell Plc COM 780259107 270 11,155 SH   SOLE   11,155 0 0
SAP AG (ADR) COM 803054204 890 5,710 SH   SOLE   5,710 0 0
SJW Group Com COM 784305104 423 6,945 SH   SOLE   6,945 0 0
Sony Corp. (ADR) COM 835699307 1,534 19,992 SH   SOLE   19,992 0 0
Southwest Airlines Co. COM 844741108 206 5,500 SH   SOLE   5,500 0 0
TE Connectivity Ltd. F COM h84989104 1,080 11,050 SH   SOLE   11,050 0 0
Tesla Motors Inc. COM 88160r101 215 500 SH   SOLE   500 0 0
Teva Pharmaceutical Industries COM 881624209 427 47,368 SH   SOLE   47,368 0 0
The Walt Disney Co. COM 254687106 1,855 14,952 SH   SOLE   14,952 0 0
Thermo Fisher Scientific Inc. COM 883556102 928 2,102 SH   SOLE   2,102 0 0
Toyota Motor Corp. (ADR) COM 892331307 219 1,650 SH   SOLE   1,650 0 0
UBS Group CHF0.10 COM H42097107 509 45,680 SH   SOLE   45,680 0 0
UnitedHealth Group, Inc. COM 91324P102 5,210 16,710 SH   SOLE   16,710 0 0
Verizon Communications Inc. COM 92343V104 614 10,329 SH   SOLE   10,329 0 0
ViacomCBS Class B COM 92556H206 989 35,313 SH   SOLE   35,313 0 0
Visa, Inc. Cl A COM 92826C839 418 2,089 SH   SOLE   2,089 0 0
Vishay Intertechnology Inc. COM 928298108 174 11,200 SH   SOLE   11,200 0 0
WPP PLC F Sponsored ADR COM 92937A102 348 8,875 SH   SOLE   8,875 0 0
Wal-Mart Inc. COM 931142103 1,403 10,030 SH   SOLE   10,030 0 0
Waste Management Inc. COM 94106L109 622 5,500 SH   SOLE   5,500 0 0
Wells Fargo & Co. New COM 949746101 1,487 63,259 SH   SOLE   63,259 0 0
Yum China Holdings Inc. COM 98850p109 648 12,230 SH   SOLE   12,230 0 0
Yum! Brands, Inc. COM 988498101 1,085 11,879 SH   SOLE   11,879 0 0
eBay, Inc. COM 278642103 1,015 19,480 SH   SOLE   19,480 0 0
Consumer Discret Sel Sect SPDR COM 81369Y407 245 1,665 SH   SOLE   1,665 0 0
Direxion Daily Financial Bull COM 25459y694 406 12,000 SH   SOLE   12,000 0 0
Energy Select Sector SPDR COM 81369Y506 3,038 101,425 SH   SOLE   101,425 0 0
Financial Select Sector SPDR COM 81369Y605 946 39,318 SH   SOLE   39,318 0 0
Global X MLP & Energy Infrastr COM 37954y293 2,661 120,497 SH   SOLE   120,497 0 0
Global X Robotics & AI Themati COM 37954y715 4,815 172,755 SH   SOLE   172,755 0 0
Global X Silver Miners ETF COM 37954y848 348 8,025 SH   SOLE   8,025 0 0
Health Care Sector Select SPDR COM 81369Y209 1,262 11,964 SH   SOLE   11,964 0 0
Industrial Select Sector SPDR COM 81369y704 1,411 18,325 SH   SOLE   18,325 0 0
Invesco KBW Bank ETF COM 46138e628 12,270 327,294 SH   SOLE   327,294 0 0
Invesco KBW Regional Banking COM 46138e578 221 6,900 SH   SOLE   6,900 0 0
Invesco QQQ Trust Series 1 COM 46090e103 13,373 48,133 SH   SOLE   48,133 0 0
Materials Select Sector SPDR E COM 81369Y100 1,102 17,315 SH   SOLE   17,315 0 0
ProShares Ultra Pro S&P500 COM 74347x864 1,006 18,000 SH   SOLE   18,000 0 0
SPDR Dow Jones Global Real Est COM 78463x749 1,694 42,883 SH   SOLE   42,883 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 1,038 3,740 SH   SOLE   3,740 0 0
SPDR Gold Trust ETF COM 78463v107 338 1,910 SH   SOLE   1,910 0 0
SPDR KBW Regional Banking ETF COM 78464A698 696 19,500 SH   SOLE   19,500 0 0
SPDR S&P 400 Mid Cap Value ETF COM 78464A839 419 9,655 SH   SOLE   9,655 0 0
SPDR S&P 500 Index ETF COM 78462F103 2,656 7,931 SH   SOLE   7,931 0 0
SPDR S&P Bank ETF COM 78464A797 201 6,817 SH   SOLE   6,817 0 0
SPDR S&P Global Natural Resour COM 78463X541 3,771 100,432 SH   SOLE   100,432 0 0
SPDR S&P Homebuilders ETF COM 78464a888 285 5,285 SH   SOLE   5,285 0 0
SPDR S&P MidCap 400 ETF COM 78467Y107 939 2,772 SH   SOLE   2,772 0 0
Schwab 1000 Index ETF COM 808524722 402 12,175 SH   SOLE   12,175 0 0
Schwab Emerging Markets Equity COM 808524706 695 25,971 SH   SOLE   25,971 0 0
Schwab Fundamental Intl Large COM 808524755 350 14,233 SH   SOLE   14,233 0 0
Schwab Fundamental US Broad Mk COM 808524789 255 6,677 SH   SOLE   6,677 0 0
Schwab Fundamental US Large Co COM 808524771 368 9,500 SH   SOLE   9,500 0 0
Schwab International Equity ET COM 808524805 643 20,480 SH   SOLE   20,480 0 0
Schwab International Small Cap COM 808524888 1,303 40,040 SH   SOLE   40,040 0 0
Schwab Strategic US Large Cap COM 808524300 462 4,010 SH   SOLE   4,010 0 0
Schwab US Broad Market ETF COM 808524102 1,174 14,740 SH   SOLE   14,740 0 0
Schwab US Large Cap Value ETF COM 808524409 521 9,982 SH   SOLE   9,982 0 0
Schwab US Mid Cap ETF COM 808524508 646 11,640 SH   SOLE   11,640 0 0
Technology Select Sector SPDR COM 81369Y803 609 5,220 SH   SOLE   5,220 0 0
Vaneck Vectors Gold Miners ETF COM 92189f106 403 10,300 SH   SOLE   10,300 0 0
Vanguard Dividend Appreciation COM 921908844 560 4,355 SH   SOLE   4,355 0 0
Vanguard Emerging Markets ETF COM 922042858 4,521 104,566 SH   SOLE   104,566 0 0
Vanguard Energy ETF COM 92204A306 265 6,570 SH   SOLE   6,570 0 0
Vanguard European ETF COM 922042874 1,906 36,360 SH   SOLE   36,360 0 0
Vanguard Extended Market Index COM 922908652 4,916 37,894 SH   SOLE   37,894 0 0
Vanguard FTSE All World Ex-US COM 922042775 4,949 98,100 SH   SOLE   98,100 0 0
Vanguard FTSE All-World Ex-US COM 922042718 1,444 13,710 SH   SOLE   13,710 0 0
Vanguard FTSE Developed Market COM 921943858 450 11,012 SH   SOLE   11,012 0 0
Vanguard Financials ETF COM 92204A405 3,727 63,710 SH   SOLE   63,710 0 0
Vanguard Global ex-US Real Est COM 922042676 1,027 21,134 SH   SOLE   21,134 0 0
Vanguard Growth ETF COM 922908736 2,522 11,081 SH   SOLE   11,081 0 0
Vanguard Health Care ETF COM 92204A504 735 3,602 SH   SOLE   3,602 0 0
Vanguard High Dividend Yield E COM 921946406 552 6,825 SH   SOLE   6,825 0 0
Vanguard Index Fund Small Cap COM 922908611 305 2,755 SH   SOLE   2,755 0 0
Vanguard Large Cap Index FDS E COM 922908637 235 1,500 SH   SOLE   1,500 0 0
Vanguard Mega Cap 300 Growth I COM 921910816 8,736 47,122 SH   SOLE   47,122 0 0
Vanguard Mega Cap 300 Index ET COM 921910873 454 3,785 SH   SOLE   3,785 0 0
Vanguard Mega Cap 300 Value In COM 921910840 7,426 96,813 SH   SOLE   96,813 0 0
Vanguard Mid Cap Growth ETF COM 922908538 1,968 10,925 SH   SOLE   10,925 0 0
Vanguard Mid-Cap ETF COM 922908629 13,864 78,659 SH   SOLE   78,659 0 0
Vanguard Mid-Cap Value ETF COM 922908512 3,250 32,065 SH   SOLE   32,065 0 0
Vanguard REIT ETF COM 922908553 414 5,239 SH   SOLE   5,239 0 0
Vanguard S&P 500 ETF COM 922908363 240 780 SH   SOLE   780 0 0
Vanguard S&P 500 Growth ETF COM 921932505 315 1,510 SH   SOLE   1,510 0 0
Vanguard Small Cap ETF COM 922908751 1,632 10,613 SH   SOLE   10,613 0 0
Vanguard Small Cap Growth ETF COM 922908595 251 1,170 SH   SOLE   1,170 0 0
Vanguard Total International S COM 921909768 4,352 83,415 SH   SOLE   83,415 0 0
Vanguard Total Stock Mkt ETF COM 922908769 2,980 17,498 SH   SOLE   17,498 0 0
Vanguard Value ETF COM 922908744 6,193 59,257 SH   SOLE   59,257 0 0
iShares Core EAFE COM 46432F842 1,031 17,111 SH   SOLE   17,111 0 0
iShares Core High Dividend ETF COM 46429B663 241 3,000 SH   SOLE   3,000 0 0
iShares Core MSCI Emerging Mkt COM 46434g103 8,131 153,994 SH   SOLE   153,994 0 0
iShares Core Russell US Growth COM 464287671 360 4,500 SH   SOLE   4,500 0 0
iShares Core S&P 500 ETF COM 464287200 1,059 3,150 SH   SOLE   3,150 0 0
iShares Core S&P Midcap ETF COM 464287507 4,000 21,583 SH   SOLE   21,583 0 0
iShares Core S&P Small Cap ETF COM 464287804 1,260 17,937 SH   SOLE   17,937 0 0
iShares Core S&P Total US Stoc COM 464287150 402 5,325 SH   SOLE   5,325 0 0
iShares DJ US Home Constructio COM 464288752 2,386 42,125 SH   SOLE   42,125 0 0
iShares FTSE DM Property UCITS COM G4R53X463 157 33,300 SH   SOLE   33,300 0 0
iShares MSCI ACWI ex US COM 464288240 207 4,500 SH   SOLE   4,500 0 0
iShares MSCI Brazil Index ETF COM 464286400 1,855 67,070 SH   SOLE   67,070 0 0
iShares MSCI EAFE Growth ETF COM 464288885 603 6,710 SH   SOLE   6,710 0 0
iShares MSCI EAFE Index ETF COM 464287465 473 7,437 SH   SOLE   7,437 0 0
iShares MSCI EAFE Value Index COM 464288877 2,616 64,830 SH   SOLE   64,830 0 0
iShares MSCI EMU Index Fund ET COM 464286608 1,160 30,600 SH   SOLE   30,600 0 0
iShares MSCI Emerging Markets COM 464287234 648 14,700 SH   SOLE   14,700 0 0
iShares MSCI Japan Index ETF COM 46434g822 875 14,812 SH   SOLE   14,812 0 0
iShares Nasdaq Biotechnology COM 464287556 2,109 15,576 SH   SOLE   15,576 0 0
iShares Russell 1000 Growth In COM 464287614 2,704 12,465 SH   SOLE   12,465 0 0
iShares Russell 1000 Value Ind COM 464287598 4,543 38,460 SH   SOLE   38,460 0 0
iShares Russell 2000 Index ETF COM 464287655 2,904 19,388 SH   SOLE   19,388 0 0
iShares Russell 2000 Value Ind COM 464287630 541 5,445 SH   SOLE   5,445 0 0
iShares Russell 3000 Index Fun COM 464287689 290 1,482 SH   SOLE   1,482 0 0
iShares Russell Midcap Index F COM 464287499 235 4,100 SH   SOLE   4,100 0 0
iShares Russell Midcap Value I COM 464287473 1,552 19,196 SH   SOLE   19,196 0 0
iShares S & P Small Cap 600 Va COM 464287879 272 2,225 SH   SOLE   2,225 0 0
iShares S&P 100 Index ETF COM 464287101 747 4,795 SH   SOLE   4,795 0 0
iShares S&P 500/Barra Growth E COM 464287309 846 3,661 SH   SOLE   3,661 0 0
iShares S&P 500/Barra Value ET COM 464287408 2,358 20,972 SH   SOLE   20,972 0 0
iShares S&P Global Healthcare COM 464287325 244 3,400 SH   SOLE   3,400 0 0
iShares S&P Global Technology COM 464287291 6,316 23,955 SH   SOLE   23,955 0 0
iShares S&P Midcap 400/Growth COM 464287606 423 1,767 SH   SOLE   1,767 0 0
iShares S&P Midcap 400/Value E COM 464287705 2,036 15,096 SH   SOLE   15,096 0 0
iShares Trust - iShares Core U COM 464287663 279 5,130 SH   SOLE   5,130 0 0
PCM Fund, Inc. COM 69323T101 1,767 174,637 SH   SOLE   174,637 0 0
PIMCO Short Maturity ETF COM 72201r833 6,267 61,470 SH   SOLE   61,470 0 0
SPDR SSgA Ultra Short Term Bon COM 78467V707 655 16,200 SH   SOLE   16,200 0 0
Templeton Global Income Fund COM 880198106 53 10,000 SH   SOLE   10,000 0 0
Vanguard Short-Term Corporate COM 92206c409 364 4,390 SH   SOLE   4,390 0 0
iShares Short Maturity Bond ET COM 46431W507 2,651 52,910 SH   SOLE   52,910 0 0
iShares Short Treasury Bond ET COM 464288679 4,412 39,851 SH   SOLE   39,851 0 0