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 Laboratories COM 002824100 521 13,576 SH   SOLE   0 0 13,576
AbbVie Inc COM 00287Y109 532 8,491 SH   SOLE   0 0 8,491
Accenture plc COM G1151C101 702 5,995 SH   SOLE   0 0 5,995
AFLAC Inc COM 001055102 1,161 16,681 SH   SOLE   15,410 0 1,271
Allstate Corporation COM 020002101 1,529 20,630 SH   SOLE   20,296 0 334
Alphabet Inc Cl A COM 02079K305 516 651 SH   SOLE   417 0 234
Alphabet Inc Cl C COM 02079K107 409 530 SH   SOLE   43 0 487
Altria Group Inc COM 02209S103 384 5,685 SH   SOLE   5,393 0 292
Amazon.com, Inc COM 023135106 315 420 SH   SOLE   16 0 404
Amdocs Ltd COM G02602103 346 5,934 SH   SOLE   5,865 0 69
American Equity Investment Lif COM 025676206 360 15,986 SH   SOLE   15,986 0 0
American Tower REIT COM 03027X100 920 8,702 SH   SOLE   5,802 0 2,900
Amgen Inc COM 031162100 507 3,466 SH   SOLE   300 0 3,166
Apple Inc COM 037833100 4,741 40,931 SH   SOLE   33,829 0 7,102
Argonaut Gold Inc COM 04016A101 24 15,300 SH   SOLE   0 0 15,300
AT&T Inc COM 00206R102 794 18,665 SH   SOLE   18,306 0 359
Automatic Data Processing COM 053015103 789 7,673 SH   SOLE   0 0 7,673
AutoZone Inc COM 053332102 296 375 SH   SOLE   0 0 375
Berkshire Hathaway Inc CL B COM 084670702 620 3,803 SH   SOLE   50 0 3,753
Berkshire Hills Bancorp Inc COM 084680107 1,005 27,262 SH   SOLE   26,966 0 296
BlackRock, Inc. COM 09247X101 301 790 SH   SOLE   0 0 790
Bristol Myers Squibb Co COM 110122108 366 6,268 SH   SOLE   0 0 6,268
Buckeye Partners LP COM 118230101 1,191 18,000 SH   SOLE   0 0 18,000
Business Development Co COM 12325J101 2,425 282,586 SH   SOLE   282,586 0 0
Capital One Financial Corp COM 14040H105 520 5,955 SH   SOLE   600 0 5,355
Caviton Energy Systems Inc COM BEK996500 0 19,160 SH   SOLE   0 0 19,160
Celgene Corporation COM 151020104 356 3,075 SH   SOLE   90 0 2,985
Charter Communications Inc. COM 16119P108 331 1,149 SH   SOLE   0 0 1,149
Chevron Corporation COM 166764100 392 3,332 SH   SOLE   600 0 2,732
Chicago Bridge & Iron Company COM 167250109 206 6,497 SH   SOLE   6,497 0 0
Chubb Limited COM H1467J104 333 2,522 SH   SOLE   0 0 2,522
Church & Dwight Company, Inc. COM 171340102 225 5,099 SH   SOLE   72 0 5,027
Cisco Systems Inc COM 17275R102 253 8,370 SH   SOLE   8,070 0 300
Citigroup Inc COM 172967424 943 15,869 SH   SOLE   15,681 0 188
Colonial BancGroup Inc COM 195493309 0 15,000 SH   SOLE   15,000 0 0
Comcast Corporation COM 20030N101 278 4,030 SH   SOLE   264 0 3,766
Computer Sciences Corporation COM 205363104 220 3,707 SH   SOLE   3,707 0 0
ConAgra Foods, Inc. COM 205887102 328 8,283 SH   SOLE   8,190 0 93
Connecture Inc COM 20786J106 127 75,600 SH   SOLE   75,600 0 0
Corning Incorporated COM 219350105 459 18,923 SH   SOLE   1,000 0 17,923
Costco Wholesale Corporation COM 22160K105 271 1,693 SH   SOLE   93 0 1,600
CVS Caremark Corp COM 126650100 258 3,274 SH   SOLE   502 0 2,772
Dycom Industries Inc COM 267475101 4,381 54,568 SH   SOLE   54,371 0 197
Ecolab Incorporated COM 278865100 207 1,764 SH   SOLE   0 0 1,764
Eli Lilly & Company COM 532457108 556 7,565 SH   SOLE   2,100 0 5,465
Enterprise Products Partners L COM 293792107 2,174 80,412 SH   SOLE   1,536 0 78,876
Exxon Mobil Corporation COM 30231G102 930 10,302 SH   SOLE   3,406 0 6,896
Facebook Inc COM 30303M102 259 2,255 SH   SOLE   415 0 1,840
General Electric Company COM 369604103 865 27,379 SH   SOLE   9,633 0 17,746
Gilead Sciences Inc COM 375558103 222 3,100 SH   SOLE   219 0 2,881
Global Net Lease, Inc. COM 379378102 443 56,556 SH   SOLE   56,556 0 0
Golden Arch Resources Ltd. COM 38079K101 0 23,000 SH   SOLE   0 0 23,000
Goldman Sachs Group Inc COM 38141G104 958 4,000 SH   SOLE   0 0 4,000
Holly Energy Partners LP COM 435763107 256 8,000 SH   SOLE   0 0 8,000
Home Depot Incorporated COM 437076102 3,296 24,580 SH   SOLE   23,286 0 1,294
Honeywell International Inc COM 438516106 403 3,477 SH   SOLE   2,922 0 555
Hormel Foods Corp COM 440452100 204 5,854 SH   SOLE   0 0 5,854
Intellitar Inc Series A Pfd COM 458998663 0 12,000 SH   SOLE   12,000 0 0
International Business Machine COM 459200101 816 4,914 SH   SOLE   180 0 4,734
iShares MSCI All Country Asia COM 464288182 6,754 122,963 SH   SOLE   79,910 0 43,053
iShares MSCI Canada Index COM 464286509 8,051 307,869 SH   SOLE   238,132 0 69,737
iShares MSCI Emerging Markets COM 464287234 7,618 217,583 SH   SOLE   128,934 0 88,649
iShares Russell 2000 Index COM 464287655 9,395 69,670 SH   SOLE   49,022 0 20,649
iShares S&P MidCap 400 Index COM 464287507 236 1,427 SH   SOLE   498 0 929
iShares S&P SmallCap 600 Index COM 464287804 212 1,545 SH   SOLE   414 0 1,131
iShares S&P U.S. Preferred Sto COM 464288687 1,585 42,604 SH   SOLE   33,587 0 9,016
J. C. Penney Company, Inc. COM 708160106 449 54,000 SH   SOLE   0 0 54,000
Johnson & Johnson Company COM 478160104 735 6,378 SH   SOLE   4,443 0 1,935
JP Morgan Chase & Company COM 46625H100 287 3,329 SH   SOLE   338 0 2,991
L-3 Technologies, Inc. COM 502413107 522 3,435 SH   SOLE   3,435 0 0
Lam Research Corp COM 512807108 243 2,294 SH   SOLE   0 0 2,294
Lowe's Companies Inc. COM 548661107 586 8,240 SH   SOLE   4,902 0 3,338
Magellan Midstream Partners LP COM 559080106 1,232 16,289 SH   SOLE   289 0 16,000
Mastercard Inc. COM 57636Q104 346 3,355 SH   SOLE   3,316 0 39
Microchip Technology Inc. COM 595017104 229 3,564 SH   SOLE   0 0 3,564
Microsoft Corporation COM 594918104 448 7,214 SH   SOLE   1,992 0 5,222
Nantech Inds Inc COM 630100105 0 10,000 SH   SOLE   10,000 0 0
NextEra Energy, Inc. COM 65339F101 414 3,467 SH   SOLE   237 0 3,230
NIC Inc COM 62914B100 899 37,618 SH   SOLE   37,168 0 450
Nike Inc COM 654106103 487 9,587 SH   SOLE   0 0 9,587
Novo Nordisk A/S COM 670100205 281 7,848 SH   SOLE   0 0 7,848
ONEOK Partners, L.P. COM 68268N103 559 13,000 SH   SOLE   0 0 13,000
Oracle Corp COM 68389X105 205 5,324 SH   SOLE   0 0 5,324
PC Connection Inc COM 69318J100 1,146 40,788 SH   SOLE   40,509 0 279
Pepsico Inc COM 713448108 1,814 17,336 SH   SOLE   3,543 0 13,793
Perseus Mining Ltd NPV COM Q74174105 18 78,500 SH   SOLE   0 0 78,500
Pfizer Inc COM 717081103 619 19,065 SH   SOLE   12,592 0 6,473
Philip Morris International In COM 718172109 355 3,878 SH   SOLE   3,715 0 163
Phillips Van Heusen Corp. COM 693656100 519 5,750 SH   SOLE   5,699 0 51
ProAssurance Corp COM 74267C106 663 11,806 SH   SOLE   11,806 0 0
Procter & Gamble Co COM 742718109 561 6,678 SH   SOLE   6,056 0 622
Quintiles Transnational Holdin COM 74876Y101 224 2,950 SH   SOLE   0 0 2,950
Reata Pharmaceuticals, Inc. COM 75615P103 1,188 54,432 SH   SOLE   18,942 0 35,490
Reynolds American Inc COM 761713106 455 8,123 SH   SOLE   8,076 0 47
Rockwell Automation Inc COM 773903109 230 1,713 SH   SOLE   0 0 1,713
Rollins Inc COM 775711104 1,107 32,757 SH   SOLE   32,537 0 220
Rolls-Royce Holdings plc COM G76225138 0 380,540 SH   SOLE   380,540 0 0
Ross Stores Inc COM 778296103 2,588 39,457 SH   SOLE   39,219 0 238
Royal Bank of Canada COM 780087102 2,386 35,237 SH   SOLE   35,237 0 0
Rydex S&P Equal Weight COM 78355W106 656 7,567 SH   SOLE   0 0 7,567
Schlumberger Limited COM 806857108 216 2,568 SH   SOLE   712 0 1,856
ServisFirst Bancshares Inc COM 81768T108 313 8,362 SH   SOLE   8,362 0 0
Southern Company COM 842587107 220 4,465 SH   SOLE   1,965 0 2,500
SPDR Gold Trust ETF COM 78463V107 651 5,937 SH   SOLE   773 0 5,164
SPDR S&P 500 ETF COM 78462F103 10,171 45,503 SH   SOLE   35,484 0 10,018
Sprott Physical Silver Trust COM 85207K107 130 21,300 SH   SOLE   0 0 21,300
Starbucks Corporation COM 855244109 267 4,813 SH   SOLE   0 0 4,813
Synchronoss Technologies Inc COM 87157B103 938 24,486 SH   SOLE   24,269 0 217
Synovus Financial Corp COM 87161C501 236 5,744 SH   SOLE   235 0 5,509
SYSCO Corporation COM 871829107 318 5,735 SH   SOLE   0 0 5,735
Target Corporation COM 87612E106 734 10,161 SH   SOLE   0 0 10,161
Teradyne Inc COM 880770102 284 11,200 SH   SOLE   11,200 0 0
Teranga Gold Corporation CDA COM 880797105 56 92,000 SH   SOLE   0 0 92,000
The Coca-Cola Company COM 191216100 705 17,002 SH   SOLE   10,060 0 6,942
The TJX Companies, Inc COM 872540109 213 2,841 SH   SOLE   0 0 2,841
The Walt Disney Company COM 254687106 754 7,232 SH   SOLE   1,705 0 5,527
Trustmark Corp COM 898402102 210 5,891 SH   SOLE   0 0 5,891
United Technologies Corp COM 913017109 872 7,958 SH   SOLE   0 0 7,958
UTG, Inc. COM 293747341 380 21,739 SH   SOLE   0 0 21,739
V.F. Corporation COM 918204108 233 4,364 SH   SOLE   0 0 4,364
Vail Resorts Inc COM 91879Q109 1,420 8,804 SH   SOLE   8,758 0 46
Vanguard Growth ETF COM 922908736 4,444 39,862 SH   SOLE   38,430 0 1,432
Vanguard Small-Cap Value VIPER COM 922908611 4,420 36,533 SH   SOLE   35,501 0 1,032
Vanguard Small Cap Growth ETF COM 922908595 3,404 25,567 SH   SOLE   24,530 0 1,037
VEREIT, Inc. COM 92339V100 353 41,736 SH   SOLE   41,736 0 0
Verizon Communications Inc. COM 92343V104 719 13,465 SH   SOLE   8,581 0 4,884
Visa Inc COM 92826C839 911 11,674 SH   SOLE   5,742 0 5,932
Wells Fargo & Company COM 949746101 539 9,778 SH   SOLE   6,206 0 3,572
West Bancorporation Inc COM 95123P106 245 9,923 SH   SOLE   9,923 0 0
Westamerica Bancorp. COM 957090103 804 12,784 SH   SOLE   12,661 0 123
Weyerhaeuser Co. COM 962166104 457 15,200 SH   SOLE   0 0 15,200
WisdomTree Japan Hedged Equity COM 97717W851 7,831 158,081 SH   SOLE   122,290 0 35,792
VEREIT Series F Pfd 6.7 PFD 92339V209 1,036 40,962 SH   SOLE   40,962 0 0
Deutsche X-trackers MSCI EAFE COM 233051200 415 14,775 SH   SOLE   0 0 14,775
Energy Select Sector SPDR COM 81369Y506 7,553 100,276 SH   SOLE   77,603 0 22,673
Financial Select Sector SPDR E COM 81369Y605 8,249 354,777 SH   SOLE   276,131 0 78,647
First Trust Health Care AlphaD COM 33734X143 277 4,830 SH   SOLE   4,830 0 0
First Trust Large Cap Core Alp COM 33734K109 1,352 27,721 SH   SOLE   27,721 0 0
First Trust Mid Cap Core Alpha COM 33735B108 282 5,003 SH   SOLE   5,003 0 0
Guggenheim BulletShares 2017 H COM 18383M399 1,733 67,117 SH   SOLE   67,117 0 0
Industrial Select Sector SPDR COM 81369Y704 7,782 125,065 SH   SOLE   96,829 0 28,237
iShares Barclays Aggregate Bon COM 464287226 32,410 299,924 SH   SOLE   141,748 0 158,176
iShares Barclays TIPS Bond Fun COM 464287176 20,095 177,565 SH   SOLE   111,685 0 65,880
ishares Currency Hedge MSCI EA COM 46434V803 7,176 274,738 SH   SOLE   210,426 0 64,312
iShares Dow Jones US Aerospace COM 464288760 7,710 54,865 SH   SOLE   42,791 0 12,075
iShares MSCI ACWI ETF COM 464288257 273 4,611 SH   SOLE   4,611 0 0
iShares MSCI EAFE Index Fund E COM 464287465 300 5,202 SH   SOLE   0 0 5,202
iShares Russell 1000 Value Ind COM 464287598 8,330 74,353 SH   SOLE   57,693 0 16,660
iShares Russell 3000 Index Fun COM 464287689 675 5,075 SH   SOLE   0 0 5,075
iShares S&P 500 Index ETF COM 464287200 706 3,138 SH   SOLE   1,540 0 1,598
iShares Silver Trust ETF COM 46428Q109 363 24,034 SH   SOLE   3,879 0 20,155
PowerShares S&P SmallCap Finan COM 73937B803 308 5,899 SH   SOLE   5,899 0 0
Schwab US Large-Cap ETF COM 808524201 4,569 85,779 SH   SOLE   85,779 0 0
Schwab US Mid-Cap ETF COM 808524508 388 8,602 SH   SOLE   8,602 0 0
SPDR Euro Stoxx 50 COM 78463X202 383 11,440 SH   SOLE   0 0 11,440
Technology Select Sector SPDR COM 81369Y803 7,869 162,724 SH   SOLE   126,381 0 36,343
Vanguard Dividend Appreciation COM 921908844 1,110 13,033 SH   SOLE   0 0 13,033
Vanguard FTSE Developed Market COM 921943858 36,559 1,000,517 SH   SOLE   617,827 0 382,690
Vanguard High Dividend Yield I COM 921946406 1,048 13,837 SH   SOLE   11,929 0 1,908
Vanguard REIT Index ETF COM 922908553 15,711 190,363 SH   SOLE   105,093 0 85,270
Vanguard Russell 2000 Index ET COM 92206C664 18,815 174,260 SH   SOLE   85,427 0 88,833
Vanguard S&P 500 ETF COM 922908363 81,391 396,428 SH   SOLE   190,869 0 205,559
Vanguard Small Cap ETF COM 922908751 19,494 151,165 SH   SOLE   95,880 0 55,285
Vanguard Value ETF COM 922908744 8,936 96,080 SH   SOLE   92,630 0 3,450