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
Goldman Sachs Grp Inc PFD 38144x500 287 11,200 SH   SOLE   0 0 11,200
A T & T Corp COM 00206R102 341 10,472 SH   SOLE   0 0 10,472
A. J. Gallagher & Co COM 363576109 14,906 361,099 SH   SOLE   0 0 361,099
Abbvie Inc COM 00287Y109 10,057 184,831 SH   SOLE   0 0 184,831
Air Products & Chemicals Inc COM 009158106 6,883 53,954 SH   SOLE   0 0 53,954
Alphabet Class-C Share COM 02079K107 2,835 4,659 SH   SOLE   0 0 4,659
Alphabet Inc. Class A COM 02079K305 12,690 19,879 SH   SOLE   0 0 19,879
Amazon COM 023135106 5,148 10,057 SH   SOLE   0 0 10,057
American Electric Power Inc COM 025537101 8,874 156,067 SH   SOLE   0 0 156,067
Amerigas Partners Inc COM 030975106 6,193 149,132 SH   SOLE   0 0 149,132
Anadarko Petroleum COM 032511107 4,923 81,513 SH   SOLE   0 0 81,513
Avago Technologies COM y0486s104 9,331 74,646 SH   SOLE   0 0 74,646
Avis Budget Car Group COM 053774105 8,913 204,052 SH   SOLE   0 0 204,052
Berry Plastics Group COM 08579W103 2,449 81,435 SH   SOLE   0 0 81,435
Bristol-Myers Squibb COM 110122108 10,849 183,264 SH   SOLE   0 0 183,264
Canadian National Railroad COM 136375102 1,108 19,522 SH   SOLE   0 0 19,522
CB Richard Ellis Group COM 12504l109 7,308 228,389 SH   SOLE   0 0 228,389
Chevron Corp COM 166764100 308 3,900 SH   SOLE   0 0 3,900
Colgate-Palmolive Co COM 194162103 2,400 37,812 SH   SOLE   0 0 37,812
Consumer Staples Select Sector COM 81369y308 4,881 103,442 SH   SOLE   0 0 103,442
Diageo Corp COM 25243Q205 284 2,633 SH   SOLE   0 0 2,633
Dow Chemical Co COM 260543103 593 13,976 SH   SOLE   0 0 13,976
Duke Energy COM 26441c204 6,373 88,594 SH   SOLE   0 0 88,594
Dunkin Brands Group Inc COM 265504100 10,892 222,290 SH   SOLE   0 0 222,290
Enterprise Products COM 293792107 11,994 481,692 SH   SOLE   0 0 481,692
Equinix Inc COM 29444U700 15,724 57,512 SH   SOLE   0 0 57,512
Exxon Mobil Corp COM 30231G102 617 8,296 SH   SOLE   0 0 8,296
Facebook Inc COM 30303M102 4,580 50,942 SH   SOLE   0 0 50,942
First American Financial COM 31847r102 8,675 222,033 SH   SOLE   0 0 222,033
Flextronics Intl Ltd COM Y2573F102 9,219 874,678 SH   SOLE   0 0 874,678
Frontier Communications Corp COM 35906A108 1,539 323,925 SH   SOLE   0 0 323,925
General Dynamics Corp COM 369550108 10,391 75,328 SH   SOLE   0 0 75,328
General Electric COM 369604103 1,964 77,879 SH   SOLE   0 0 77,879
General Mills Inc COM 370334104 2,821 50,252 SH   SOLE   0 0 50,252
HD Supply Hkdgs Inc COM 40416M105 6,398 223,534 SH   SOLE   0 0 223,534
Interxion Holdings COM n47279109 2,876 106,216 SH   SOLE   0 0 106,216
Intl Business Machines COM 459200101 465 3,210 SH   SOLE   0 0 3,210
Ishares Tr Dow Jones Select Di COM 464287168 726 9,984 SH   SOLE   0 0 9,984
Ishares Tr MSCI ACWI EX US Ind COM 464288240 3,048 78,060 SH   SOLE   0 0 78,060
Ishares Tr Msci Eafe Index Fd COM 464287465 292 5,090 SH   SOLE   0 0 5,090
Ishares Tr S&P Smallcap 600 In COM 464287804 256 2,400 SH   SOLE   0 0 2,400
Johnson & Johnson COM 478160104 2,440 26,137 SH   SOLE   0 0 26,137
Kraft Heinz Co COM 500754106 1,952 27,654 SH   SOLE   0 0 27,654
Marsh & McLennan Cos Inc COM 571748102 5,492 105,162 SH   SOLE   0 0 105,162
Merck & Co COM 58933y105 285 5,765 SH   SOLE   0 0 5,765
Mondelez Intl Inc COM 609207105 1,691 40,382 SH   SOLE   0 0 40,382
Netflix COM 64110L106 3,304 31,994 SH   SOLE   0 0 31,994
Norfolk Southern COM 655844108 392 5,135 SH   SOLE   0 0 5,135
Northrop Grumman Corp COM 666807102 5,860 35,311 SH   SOLE   0 0 35,311
Northstar Realty Fin Corp COM 66704R704 6,915 559,905 SH   SOLE   0 0 559,905
Novartis AG-Sponsored ADR COM 66987v109 7,442 80,963 SH   SOLE   0 0 80,963
Pepsico COM 713448108 4,064 43,097 SH   SOLE   0 0 43,097
Phillips 66 COM 718546104 13,357 173,829 SH   SOLE   0 0 173,829
Phillips 66 Partners LP COM 718549207 6,263 127,114 SH   SOLE   0 0 127,114
Schlumberger Ltd COM 806857108 1,450 21,025 SH   SOLE   0 0 21,025
Sector Spdr Tr Ben Int Financi COM 81369y605 6,888 303,987 SH   SOLE   0 0 303,987
Sector Spdr Tr Utilities Index COM 81369y886 1,521 35,139 SH   SOLE   0 0 35,139
Select Sector Spdr Fd Health C COM 81369y209 6,739 101,744 SH   SOLE   0 0 101,744
Select Sector Spdr Fd Material COM 81369y100 1,131 28,336 SH   SOLE   0 0 28,336
Select Sector Spdr Tr COM 81369Y704 4,248 85,141 SH   SOLE   0 0 85,141
Select Sector Spdr Tr Consumer COM 81369Y407 6,146 82,766 SH   SOLE   0 0 82,766
Select Sector Spdr Tr Energy COM 81369y506 2,887 47,173 SH   SOLE   0 0 47,173
Signature Bank NY COM 82669G104 9,014 65,529 SH   SOLE   0 0 65,529
Smucker J M Co. New COM 832696405 9,533 83,558 SH   SOLE   0 0 83,558
Southern Co COM 842587107 2,032 45,451 SH   SOLE   0 0 45,451
SPDR S&P 500 ETF Trust COM 78462F103 8,975 46,836 SH   SOLE   0 0 46,836
SPDR S&P Midcap 400 ETF Trust COM 78467Y107 4,310 17,318 SH   SOLE   0 0 17,318
Spdr Ser Tr S&P 600 Small Cap COM 78464A813 3,121 32,000 SH   SOLE   0 0 32,000
Spdr Ser Tr S&P Telecom ETF COM 78464A540 923 17,444 SH   SOLE   0 0 17,444
Spirit Aerosystems Hldgs COM 848574109 14,458 299,095 SH   SOLE   0 0 299,095
Spirit Airlines Inc COM 848577102 3,372 71,287 SH   SOLE   0 0 71,287
Starbucks Co COM 855244109 9,738 171,319 SH   SOLE   0 0 171,319
T-Mobile COM 872590104 217 5,450 SH   SOLE   0 0 5,450
Technology Select Sector SPDR COM 81369Y803 8,946 226,476 SH   SOLE   0 0 226,476
Thermo Fisher Scientific COM 883556102 2,525 20,650 SH   SOLE   0 0 20,650
Time Inc COM 887228104 8,308 436,094 SH   SOLE   0 0 436,094
Time Warner Inc COM 887317303 11,489 167,106 SH   SOLE   0 0 167,106
Towers Watson & Co. COM 891894107 2,429 20,694 SH   SOLE   0 0 20,694
Union Pacific COM 907818108 2,396 27,101 SH   SOLE   0 0 27,101
United Technologies COM 913017109 259 2,915 SH   SOLE   0 0 2,915
VCA, Inc. COM 918194101 5,873 111,542 SH   SOLE   0 0 111,542
Visteon Corp COM 92839u206 10,313 101,871 SH   SOLE   0 0 101,871
Wabco Holdings COM 92927k102 2,199 20,980 SH   SOLE   0 0 20,980
Xcel Energy Inc COM 98389B100 3,010 85,007 SH   SOLE   0 0 85,007
Yahoo, Inc. COM 984332106 2,136 73,893 SH   SOLE   0 0 73,893