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
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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
A T & T COM 00206R102 2,387 68,055 SH   SOLE   68,055 0 0
Abbott Laboratories COM 002824100 1,673 43,440 SH   SOLE   43,440 0 0
Apple Inc. COM 037833100 2,697 5,025 SH   SOLE   5,025 0 0
BCE, Inc. COM 05534B760 2,222 51,515 SH   SOLE   51,515 0 0
Centurytel Inc. COM 156700106 1,360 41,425 SH   SOLE   41,425 0 0
Chevron Corp. COM 166764100 2,597 21,840 SH   SOLE   21,840 0 0
Cisco Systems, Inc. COM 17275R102 2,116 94,407 SH   SOLE   94,407 0 0
Coca-Cola COM 191216100 1,778 45,995 SH   SOLE   45,995 0 0
Coeur d'Alene Mines Corp. COM 192108504 1,421 152,930 SH   SOLE   152,930 0 0
ConocoPhillips COM 20825C104 2,614 37,155 SH   SOLE   37,155 0 0
EMC Corporation COM 268648102 2,634 96,105 SH   SOLE   96,105 0 0
Ericsson COM 294821608 1,699 127,445 SH   SOLE   127,445 0 0
Financial Select Sector SPDR F COM 81369Y605 5,683 254,400 SH   SOLE   254,400 0 0
Ford Motor Co. COM 345370860 1,252 80,280 SH   SOLE   80,280 0 0
General Electric COM 369604103 3,701 142,950 SH   SOLE   142,950 0 0
Intel Corp. COM 458140100 1,778 68,865 SH   SOLE   68,865 0 0
International Business Machine COM 459200101 1,295 6,730 SH   SOLE   6,730 0 0
Johnson & Johnson COM 478160104 3,006 30,605 SH   SOLE   30,605 0 0
Merck & Co. Inc. COM 58933y105 2,601 45,810 SH   SOLE   45,810 0 0
Microsoft Corp. COM 594918104 2,536 61,860 SH   SOLE   61,860 0 0
Northern Trust Corporation COM 665859104 1,452 22,155 SH   SOLE   22,155 0 0
Occidental Petroleum Corporati COM 674599105 1,686 17,690 SH   SOLE   17,690 0 0
Pfizer Inc. COM 717081103 2,565 79,845 SH   SOLE   79,845 0 0
Procter & Gamble Co. COM 742718109 2,950 36,595 SH   SOLE   36,595 0 0
Qualcomm Incorporated COM 747525103 2,184 27,695 SH   SOLE   27,695 0 0
Wal-Mart Stores Inc. COM 931142103 3,298 43,157 SH   SOLE   43,157 0 0
iShares Dow Jones Select Divid COM 464287168 13,533 184,580 SH   SOLE   184,580 0 0
iShares Russell 2000 Index COM 464287655 457 3,930 SH   SOLE   3,930 0 0
SPDR MSCI ACWI ex-US ETF COM 78463X848 752 21,000 SH   SOLE   21,000 0 0
iShares MSCI ACWI ex US Index COM 464288240 245 5,255 SH   SOLE   5,255 0 0
BlackRock Build America Bond T COM 09248X100 4,165 205,800 SH   SOLE   205,800 0 0
Guggenheim Multi-Asset Income COM 18383M506 12,513 497,925 SH   SOLE   497,925 0 0
Utilities Select Sector SPDR F COM 81369Y886 7,092 171,060 SH   SOLE   171,060 0 0
iShares U.S. Preferred Stock I COM 464288687 3,855 98,760 SH   SOLE   98,760 0 0
iShares iBoxx Investment Grade ETF 464287242 15,397 131,668 SH   SOLE   131,668 0 0
ProShares Ultra Short S&P 500 ETF 74347B300 284 10,000 SH   SOLE   10,000 0 0
SPDR Gold Shares ETF 78463V107 2,418 19,560 SH   SOLE   19,560 0 0
ALPS Alerian MLP ETF UT LTD PARTNER 00162Q866 4,146 234,780 SH   SOLE   234,780 0 0