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 LABS COM 002824100 266 6,500 SH   SOLE   6,500 0 0
APPLE INC COM 037833100 279 4,950 SH   SOLE   4,950 0 0
ADVANCED MICRO DEVICES INC COM 007903107 419 100,000 SH   SOLE   100,000 0 0
AIR LEASE CORP CL A 00912X302 2,280 59,110 SH   SOLE   59,110 0 0
ALTRIA GROUP INC COM 02209S103 967 23,061 SH   SOLE   23,061 0 0
AMERICAN ELEC PWR INC COM 025537101 949 17,024 SH   SOLE   17,024 0 0
AMGEN INC COM 031162100 912 7,708 SH   SOLE   7,708 0 0
APPLE INC COM 037833100 2,279 24,526 SH   SOLE   24,526 0 0
AT&T INC COM 00206R102 2,205 62,358 SH   SOLE   62,358 0 0
ATHLON ENERGY INC COM 047477104 964 20,200 SH   SOLE   20,200 0 0
ATRION CORP COM 049904105 456 1,400 SH   SOLE   1,400 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 350 4,417 SH   SOLE   4,417 0 0
B/E AEROSPACE INC COM 073302101 1,853 20,030 SH   SOLE   20,030 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 147 10,100 SH   SOLE   10,100 0 0
BANK OF AMERICA CORPORATION COM 060505104 2,055 133,721 SH   SOLE   133,721 0 0
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 397 15,348 SH   SOLE   15,348 0 0
BARCLAYS BK PLC ADR 2 PREF 2 06739F390 652 25,699 SH   SOLE   25,699 0 0
BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 639 24,810 SH   SOLE   24,810 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 845 32,988 SH   SOLE   32,988 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,810 22,200 SH   SOLE   22,200 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 380 2 SH   SOLE   2 0 0
BIOGEN IDEC INC COM 09062X103 290 920 SH   SOLE   920 0 0
BOEING CO COM 097023105 242 1,900 SH   SOLE   1,900 0 0
BOSTON PRIVATE FINL HLDGS IN DEP SHS 101119303 1,215 48,800 SH   SOLE   48,800 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,469 50,896 SH   SOLE   50,896 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 211 3,308 SH   SOLE   3,308 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 378 14,640 SH   SOLE   14,640 0 0
CELGENE CORP COM 151020104 618 7,200 SH   SOLE   7,200 0 0
CHENIERE ENERGY INC COM NEW 16411R208 2,123 29,611 SH   SOLE   29,611 0 0
CHEVRON CORP NEW COM 166764100 1,973 15,297 SH   SOLE   15,297 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 152 14,200 SH   SOLE   14,200 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 1,906 45,000 SH   SOLE   45,000 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 799 17,600 SH   SOLE   17,600 0 0
COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 180 22,550 SH   SOLE   22,550 0 0
CONOCOPHILLIPS COM 20825C104 2,539 30,411 SH   SOLE   30,411 0 0
CONSOLIDATED EDISON INC COM 209115104 530 9,178 SH   SOLE   9,178 0 0
COSTCO WHSL CORP NEW COM 22160K105 376 2,970 SH   SOLE   2,970 0 0
COSTAMARE INC SHS Y1771G102 396 16,963 SH   SOLE   16,963 0 0
CSX CORP COM 126408103 1,704 55,298 SH   SOLE   55,298 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 1,054 96,600 SH   SOLE   96,600 0 0
DOMINION RES INC VA NEW COM 25746U109 2,765 38,655 SH   SOLE   38,655 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 947 14,477 SH   SOLE   14,477 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 1,018 13,720 SH   SOLE   13,720 0 0
EASTMAN CHEM CO COM 277432100 1,885 21,579 SH   SOLE   21,579 0 0
EATON CORP PLC SHS G29183103 583 7,550 SH   SOLE   7,550 0 0
LILLY ELI & CO COM 532457108 373 6,000 SH   SOLE   6,000 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 423 5,400 SH   SOLE   5,400 0 0
EQUIFAX INC COM 294429105 991 13,661 SH   SOLE   13,661 0 0
EXXON MOBIL CORP COM 30231G102 4,192 41,633 SH   SOLE   41,633 0 0
FACEBOOK INC CL A 30303M102 216 3,207 SH   SOLE   3,207 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 465 8,496 SH   SOLE   8,496 0 0
FIRST HORIZON NATL CORP COM 320517105 4,148 718,373 SH   SOLE   718,373 0 0
FLOWERS FOODS INC COM 343498101 491 23,300 SH   SOLE   23,300 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,603 92,999 SH   SOLE   92,999 0 0
FORTINET INC COM 34959E109 1,642 65,325 SH   SOLE   65,325 0 0
GENERAL ELECTRIC CO COM 369604103 5,258 200,092 SH   SOLE   200,092 0 0
GILEAD SCIENCES INC COM 375558103 1,640 19,775 SH   SOLE   19,775 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 396 7,400 SH   SOLE   7,400 0 0
HEALTH CARE REIT INC COM 42217K106 227 3,621 SH   SOLE   3,621 0 0
HESS CORP COM 42809H107 1,431 14,470 SH   SOLE   14,470 0 0
HOME DEPOT INC COM 437076102 584 7,215 SH   SOLE   7,215 0 0
INGLES MKTS INC CL A 457030104 4 150 SH   SOLE   150 0 0
INGLES MKTS INC CL A 457030104 344 11,133 SH   SOLE   11,133 0 0
ISHARES 1-3 YR TR BD ETF 464287457 203 2,400 SH   SOLE   2,400 0 0
ISHARES MSCI EAFE ETF 464287465 653 9,546 SH   SOLE   9,546 0 0
ISHARES MSCI EMG MKT ETF 464287234 475 10,991 SH   SOLE   10,991 0 0
ISHARES S&P MC 400GR ETF 464287606 207 1,317 SH   SOLE   1,317 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 408 20,152 SH   SOLE   20,152 0 0
ISHARES U.S. PFD STK ETF 464288687 620 15,542 SH   SOLE   15,542 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 221 4,150 SH   SOLE   4,150 0 0
HANCOCK JOHN PFD INCOME FD I COM 41013X106 277 13,405 SH   SOLE   13,405 0 0
HANCOCK JOHN PREMUIM DIV FD COM SH BEN INT 41013T105 143 10,537 SH   SOLE   10,537 0 0
JOHNSON & JOHNSON COM 478160104 3,007 28,743 SH   SOLE   28,743 0 0
JPMORGAN CHASE & CO COM 46625H100 539 9,358 SH   SOLE   9,358 0 0
KELLOGG CO COM 487836108 530 8,070 SH   SOLE   8,070 0 0
KIMBERLY CLARK CORP COM 494368103 844 7,589 SH   SOLE   7,589 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 805 9,795 SH   SOLE   9,795 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 0 48 SH   SOLE   48 0 0
MACROGENICS INC COM 556099109 623 28,650 SH   SOLE   28,650 0 0
MARATHON PETE CORP COM 56585A102 1,174 29,414 SH   SOLE   29,414 0 0
MARATHON PETE CORP COM 56585A102 1,272 16,298 SH   SOLE   16,298 0 0
MCDONALDS CORP COM 580135101 1,288 12,784 SH   SOLE   12,784 0 0
MERCK & CO INC NEW COM 58933Y105 589 10,188 SH   SOLE   10,188 0 0
METLIFE INC COM 59156R108 988 17,775 SH   SOLE   17,775 0 0
MICRON TECHNOLOGY INC COM 595112103 1,269 38,500 SH   SOLE   38,500 0 0
MONDELEZ INTL INC CL A 609207105 564 15,002 SH   SOLE   15,002 0 0
NEXTERA ENERGY INC COM 65339F101 361 3,527 SH   SOLE   3,527 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,966 19,084 SH   SOLE   19,084 0 0
NOVARTIS A G SPONSORED ADR 66987V109 267 2,950 SH   SOLE   2,950 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 987 9,615 SH   SOLE   9,615 0 0
PFIZER INC COM 717081103 214 7,227 SH   SOLE   7,227 0 0
PHILLIPS 66 COM 718546104 2,482 30,864 SH   SOLE   30,864 0 0
PIONEER NAT RES CO COM 723787107 954 4,150 SH   SOLE   4,150 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,490 15,865 SH   SOLE   15,865 0 0
PPL CORP COM 69351T106 551 15,500 SH   SOLE   15,500 0 0
PROCTER & GAMBLE CO COM 742718109 3,037 38,642 SH   SOLE   38,642 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 1,619 56,200 SH   SOLE   56,200 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 212 5,200 SH   SOLE   5,200 0 0
REDWOOD TR INC COM 758075402 310 15,922 SH   SOLE   15,922 0 0
REGIONS FINL CORP NEW COM 7591EP100 1,234 116,193 SH   SOLE   116,193 0 0
ROSETTA RESOURCES INC COM 777779307 911 16,600 SH   SOLE   16,600 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 395 4,800 SH   SOLE   4,800 0 0
SCHLUMBERGER LTD COM 806857108 1,224 10,376 SH   SOLE   10,376 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 3,029 18,040 SH   SOLE   18,040 0 0
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 268 5,755 SH   SOLE   5,755 0 0
ISHARES GOLD TRUST ISHARES 464285105 421 3,290 SH   SOLE   3,290 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 1,020 3,915 SH   SOLE   3,915 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 749 24,177 SH   SOLE   24,177 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,907 9,744 SH   SOLE   9,744 0 0
STRYKER CORP COM 863667101 208 2,463 SH   SOLE   2,463 0 0
SYNOVUS FINL CORP COM 87161C105 577 23,682 SH   SOLE   23,682 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 405 25,786 SH   SOLE   25,786 0 0
TRANSCANADA CORP COM 89353D107 350 7,330 SH   SOLE   7,330 0 0
UNION PAC CORP COM 907818108 1,761 17,650 SH   SOLE   17,650 0 0
UNITED TECHNOLOGIES CORP COM 913017109 467 4,043 SH   SOLE   4,043 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,566 19,153 SH   SOLE   19,153 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 254 2,493 SH   SOLE   2,493 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,212 24,763 SH   SOLE   24,763 0 0
DISNEY WALT CO COM DISNEY 254687106 2,821 32,901 SH   SOLE   32,901 0 0
WASTE MGMT INC DEL COM 94106L109 1,026 22,935 SH   SOLE   22,935 0 0
WELLPOINT INC COM 94973V107 270 2,509 SH   SOLE   2,509 0 0
WELLS FARGO & CO NEW COM 949746101 386 7,348 SH   SOLE   7,348 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 534 41,263 SH   SOLE   41,263 0 0