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 CO COM 88579Y101 803,613 7,349 SH   SOLE 7,349 0 0
ABBOTT LABS COM 002824100 382,389 10,963 SH   SOLE 10,963 0 0
ABBVIE INC COM 00287Y109 461,478 11,163 SH   SOLE 11,163 0 0
APPLE INC COM 037833100 396,133 999 SH   SOLE 999 0 0
AT&T INC COM 00206R102 212,683 6,008 SH   SOLE 6,008 0 0
BAXTER INTL INC COM 071813109 408,693 5,900 SH   SOLE 5,900 0 0
BECTON DICKINSON & CO COM 075887109 296,984 3,005 SH   SOLE 3,005 0 0
BOEING CO COM 097023105 215,124 2,100 SH   SOLE 2,100 0 0
CARNIVAL CORP PAIRED CTF 143658300 364,331 10,625 SH   SOLE 10,625 0 0
CENTURYLINK INC COM 156700106 3,070,770 86,868 SH   SOLE 86,868 0 0
CHEVRON CORP NEW COM 166764100 1,533,568 12,959 SH   SOLE 12,959 0 0
CISCO SYS INC COM 17275R102 534,557 21,967 SH   SOLE 21,967 0 0
COCA COLA CO COM 191216100 1,791,513 44,665 SH   SOLE 44,665 0 0
COLGATE PALMOLIVE CO COM 194162103 1,644,796 28,710 SH   SOLE 28,710 0 0
COMCAST CORP NEW CL A 20030N101 316,549 7,582 SH   SOLE 7,582 0 0
COMCAST CORP NEW CL A SPL 20030N200 1,042,409 26,277 SH   SOLE 26,277 0 0
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 373,500 10,000 SH   SOLE 10,000 0 0
CURRENCYSHARES CDN DLR TR CDN DOLLAR SHS 23129X105 321,470 3,400 SH   SOLE 3,400 0 0
DEVON ENERGY CORP NEW COM 25179M103 634,925 12,238 SH   SOLE 12,238 0 0
DIRECTV COM 25490A309 529,796 8,595 SH   SOLE 8,595 0 0
EXXON MOBIL CORP COM 30231G102 2,734,714 30,268 SH   SOLE 30,268 0 0
FACEBOOK INC CL A 30303M102 1,323,367 53,190 SH   SOLE 53,190 0 0
GENERAL MLS INC COM 370334104 413,954 8,530 SH   SOLE 8,530 0 0
HOME DEPOT INC COM 437076102 201,499 2,601 SH   SOLE 2,601 0 0
INDEXIQ ETF TR HEDGE MLTI ETF 45409B107 356,629 12,889 SH   SOLE 12,889 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 981,316 5,135 SH   SOLE 5,135 0 0
IPASS INC COM 46261V108 32,635 17,267 SH   SOLE 17,267 0 0
ISHARES INC MSCI JAPAN 464286848 1,090,584 97,200 SH   SOLE 97,200 0 0
ISHARES TR BARCLYS TIPS BD 464287176 2,178,595 19,450 SH   SOLE 19,450 0 0
ISHARES TR IBOXX INV CPBD 464287242 471,988 4,153 SH   SOLE 4,153 0 0
ISHARES TR MSCI EAFE INDEX 464287465 1,363,339 23,793 SH   SOLE 23,793 0 0
ISHARES TR S&P NTL AMTFREE 464288414 1,368,146 13,025 SH   SOLE 13,025 0 0
JOHNSON & JOHNSON COM 478160104 1,275,542 14,856 SH   SOLE 14,856 0 0
JPMORGAN CHASE & CO COM 46625H100 271,499 5,143 SH   SOLE 5,143 0 0
KIMBERLY CLARK CORP COM 494368103 357,572 3,681 SH   SOLE 3,681 0 0
LIBERTY GLOBAL INC COM SER A 530555101 373,697 5,085 SH   SOLE 5,085 0 0
LIBERTY GLOBAL INC COM SER C 530555309 474,212 6,985 SH   SOLE 6,985 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 208,379 9,056 SH   SOLE 9,056 0 0
LILLY ELI & CO COM 532457108 303,277 6,174 SH   SOLE 6,174 0 0
LOEWS CORP COM 540424108 372,928 2,942 SH   SOLE 2,942 0 0
MCDONALDS CORP COM 580135101 360,261 3,639 SH   SOLE 3,639 0 0
MEDTRONIC INC COM 585055106 319,783 6,213 SH   SOLE 6,213 0 0
MERCK & CO INC NEW COM 58933Y105 254,314 5,475 SH   SOLE 5,475 0 0
MICROSOFT CORP COM 594918104 659,650 19,095 SH   SOLE 19,095 0 0
MOLSON COORS BREWING CO CL B 60871R209 569,151 11,892 SH   SOLE 11,892 0 0
NOKIA CORP SPONSORED ADR 654902204 56,100 15,000 SH   SOLE 15,000 0 0
NUVEEN CALIF MUN VALUE FD COM 67062C107 94,200 10,000 SH   SOLE 10,000 0 0
NUVEEN MUN VALUE FD INC COM 670928100 845,242 88,322 SH   SOLE 88,322 0 0
ORACLE CORP COM 68389X105 315,545 10,275 SH   SOLE 10,275 0 0
PEPSICO INC COM 713448108 309,504 3,784 SH   SOLE 3,784 0 0
PFIZER INC COM 717081103 624,231 22,286 SH   SOLE 22,286 0 0
PIMCO ETF TR INTER MUN BD ST 72201R866 310,246 5,987 SH   SOLE 5,987 0 0
POWERSHARES ETF TRUST S&P 500 HGH QLTY 73935X682 39,718,666 2,223,889 SH   SOLE 2,223,889 0 0
PROCTER & GAMBLE CO COM 742718109 861,056 11,184 SH   SOLE 11,184 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 680,347 14,290 SH   SOLE 14,290 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 225,127 5,675 SH   SOLE 5,675 0 0
SOUFUN HLDGS LTD ADR 836034108 265,822 10,710 SH   SOLE 10,710 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 4,172,303 26,009 SH   SOLE 26,009 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 378,180 1,800 SH   SOLE 1,800 0 0
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 282,504 12,358 SH   SOLE 12,358 0 0
TEXAS INSTRS INC COM 882508104 230,938 6,627 SH   SOLE 6,627 0 0
URANERZ ENERGY CORP COM 91688T104 11,000 10,000 SH   SOLE 10,000 0 0
USA TECHNOLOGIES INC COM NO PAR 90328S500 17,400 10,000 SH   SOLE 10,000 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 719,229 8,700 SH   SOLE 8,700 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 2,858,358 36,136 SH   SOLE 36,136 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 37,500,011 566,465 SH   SOLE 566,465 0 0
WESTERN ASST MNGD MUN FD INC COM 95766M105 347,580 26,075 SH   SOLE 26,075 0 0