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
ACS Actividades de Construccion Com 00089H106 195 28,268 SH   SOLE 0 497 0 27,771
AIA Group Ltd Com 001317205 260 7,750 SH   SOLE 0 129 0 7,621
AT&T Inc. Com 00206R102 412 11,341 SH   SOLE 0 2,431 0 8,910
AXT Inc. Com 00246W103 94 12,532 SH   SOLE 0 0 0 12,532
Abbott Laboratories Com 002824100 488 8,083 SH   SOLE 0 4,503 0 3,580
Abbvie Inc Com 00287Y109 432 3,726 SH   SOLE 0 3,726 0 0
Adobe Sys Inc. Com 00724F101 4,259 20,364 SH   SOLE 0 0 0 20,364
Airbus Group Com 009279100 275 9,167 SH   SOLE 0 178 0 8,989
Align Technology Inc Com 016255101 2,122 8,084 SH   SOLE 0 0 0 8,084
Allscripts Healthcare Solutions Com 01988P108 164 11,851 SH   SOLE 0 0 0 11,851
Alphabet Inc Class C Com 02079K107 3,319 3,004 SH   SOLE 0 0 0 3,004
Alphabet Inc Class A Com 02079K305 1,396 1,265 SH   SOLE 0 0 0 1,265
Altria Group Inc Com 02209S103 920 14,621 SH   SOLE 0 1,743 0 12,878
ADR AMBEV SA Sponsored Com 02319V103 240 35,529 SH   SOLE 0 633 0 34,896
American Eagle Outfitters Com 02553E106 286 14,825 SH   SOLE 0 0 0 14,825
Arcelormittal New Com 03938L203 237 6,954 SH   SOLE 0 154 0 6,800
Archer Daniels Midland Co Com 039483102 691 16,654 SH   SOLE 0 119 0 16,535
Astrazeneca Plc Adr Com 046353108 227 6,825 SH   SOLE 0 0 0 6,825
Automatic Data Processing Inc Com 053015103 2,558 22,181 SH   SOLE 0 78 0 22,103
Avery Dennison Corp Com 053611109 371 3,137 SH   SOLE 0 0 0 3,137
Axa SA Sponsored Adr Com 054536107 253 8,019 SH   SOLE 0 136 0 7,883
BB&T Corp Com 054937107 235 4,317 SH   SOLE 0 1,039 0 3,278
Bae Sys Plc Sponsored Adr Com 05523R107 216 6,777 SH   SOLE 0 115 0 6,662
BCE Inc New Com 05534B760 360 8,248 SH   SOLE 0 0 0 8,248
BHP Billiton Plc Com 05545E209 376 9,223 SH   SOLE 0 157 0 9,066
Baidu Inc Sponsored Adr Com 056752108 422 1,672 SH   SOLE 0 27 0 1,645
Banco De Santander Cent Hispano S A Adr Com 05964H105 229 33,403 SH   SOLE 0 0 0 33,403
Barnes Group Inc. Com 067806109 320 5,305 SH   SOLE 0 0 0 5,305
Bayer Ag Sponsored Adr Com 072730302 205 6,984 SH   SOLE 0 0 0 6,984
Boeing Co Com 097023105 341 942 SH   SOLE 0 337 0 605
Booking Hldgs Inc Com 09857L108 1,302 640 SH   SOLE 0 0 0 640
British Amern Tob Plc Sponsored Adr Com 110448107 433 7,327 SH   SOLE 0 0 0 7,327
Burlington Stores Inc Com 122017106 381 3,110 SH   SOLE 0 0 0 3,110
CIGNA Corporation Com 125509109 602 3,073 SH   SOLE 0 148 0 2,925
Ck Hutchison Hldgs Ltd Com 12562Y100 215 17,292 SH   SOLE 0 291 0 17,001
Cambrex Corp Com 132011107 320 6,152 SH   SOLE 0 0 0 6,152
Canadian Nat Res Ltd Com 136385101 209 6,632 SH   SOLE 0 115 0 6,517
Carlsberg Sponsored ADR Com 142795202 252 10,235 SH   SOLE 0 174 0 10,061
Carrefour Com 144430204 217 47,158 SH   SOLE 0 797 0 46,361
Carter's Inc Com 146229109 365 3,124 SH   SOLE 0 0 0 3,124
Charles River Laboratories Com 159864107 330 3,096 SH   SOLE 0 0 0 3,096
Chevron Corporation Com 166764100 709 6,334 SH   SOLE 0 3,039 0 3,295
Church & Dwight Co., Inc. Com 171340102 333 6,767 SH   SOLE 0 0 0 6,767
Cisco Systems Com 17275R102 721 16,100 SH   SOLE 0 1,301 0 14,799
Cintas Corp Com 172908105 465 2,724 SH   SOLE 0 0 0 2,724
Citigroup Inc Com New Com 172967424 1,667 22,089 SH   SOLE 0 189 0 21,900
Coca Cola Co Com 191216100 625 14,470 SH   SOLE 0 11,104 0 3,366
Cognex Corp Com 192422103 292 5,434 SH   SOLE 0 0 0 5,434
Comcast Corp New Cl A Com 20030N101 981 27,096 SH   SOLE 0 258 0 26,838
ConocoPhillips Com 20825C104 379 6,975 SH   SOLE 0 0 0 6,975
Constellation Brands Inc Cl B Com 21036P207 215 1,000 SH   SOLE 0 1,000 0 0
Continental Building Products Inc Com 211171103 239 8,782 SH   SOLE 0 0 0 8,782
Cooper Cos Inc. Com 216648402 386 1,673 SH   SOLE 0 24 0 1,649
Copart Inc Com 217204106 364 7,776 SH   SOLE 0 73 0 7,703
Corning Inc. Com 219350105 247 8,510 SH   SOLE 0 0 0 8,510
Curaegis Technologies Inc Com 23127Q102 5 14,900 SH   SOLE 0 14,900 0 0
Dbs Group Hldgs Ltd Sponsored Adr Com 23304Y100 240 2,766 SH   SOLE 0 62 0 2,704
DNB ASA Com 23328E106 231 11,646 SH   SOLE 0 214 0 11,432
DXC Technologies Co Com 23355L106 633 6,176 SH   SOLE 0 58 0 6,118
Danaher Corp Com 235851102 698 7,141 SH   SOLE 0 67 0 7,074
Deutsche Boerse Com 251542106 289 21,618 SH   SOLE 0 0 0 21,618
Diageo Plc New Adr Com 25243Q205 325 2,395 SH   SOLE 0 0 0 2,395
Dollar General Corp Com 256677105 2,031 21,473 SH   SOLE 0 0 0 21,473
Dover Corp Com 260003108 270 2,700 SH   SOLE 0 2,700 0 0
DowDuPont Inc Com 26078J100 423 6,014 SH   SOLE 0 232 0 5,782
Duke Energy Corp New Com 26441C204 760 10,082 SH   SOLE 0 95 0 9,987
EOG Resources Inc Com 26875P101 728 7,179 SH   SOLE 0 52 0 7,127
E.ON AG Com 268780103 218 21,353 SH   SOLE 0 365 0 20,988
Eastman Chemical Co. Com 277432100 352 3,478 SH   SOLE 0 2,053 0 1,425
Eaton Vance Floating Rate Class I Com 277911491 5,037 557,210 SH   SOLE 0 469,074 0 88,136
Encompass Health Corp Com 29261A100 334 6,280 SH   SOLE 0 0 0 6,280
Engie Sponsored ADR Com 29286D105 225 14,352 SH   SOLE 0 253 0 14,099
Equifax Inc. Com 294429105 248 2,198 SH   SOLE 0 21 0 2,177
Essilor Int'l Spons ADR Com 297284200 225 3,418 SH   SOLE 0 61 0 3,357
Exxon-Mobil Corp Com 30231G102 644 8,499 SH   SOLE 0 4,999 0 3,500
FPA New Income Com 302544101 45,230 4,536,613 SH   SOLE 0 4,531,455 0 5,158
Facebook Com 30303M102 2,123 11,903 SH   SOLE 0 0 0 11,903
Factset Resh Sys Inc Com 303075105 406 1,997 SH   SOLE 0 0 0 1,997
Fast Retailing Co. Ltd Com 31188H101 254 6,367 SH   SOLE 0 0 0 6,367
Fidelity Natl Information Svcs Inc. Com 31620M106 853 8,781 SH   SOLE 0 82 0 8,699
First Ctzns Bancshares Inc Ncl A Com 31946M103 388 953 SH   SOLE 0 0 0 953
First Republic Bank Com 33616C100 422 4,550 SH   SOLE 0 0 0 4,550
Fiserv Inc. Com 337738108 562 3,916 SH   SOLE 0 36 0 3,880
Gartner Inc Com 366651107 1,467 12,938 SH   SOLE 0 0 0 12,938
General Electric Co. Com 369604103 273 19,351 SH   SOLE 0 19,351 0 0
General Mills Inc Com 370334104 658 13,017 SH   SOLE 0 122 0 12,895
Genuine Parts Co Com 372460105 253 2,755 SH   SOLE 0 0 0 2,755
Goldman Sachs Group Inc. Com 38141G104 1,368 5,203 SH   SOLE 0 49 0 5,154
HSBC Hldgs Plc Spons Adr New Com 404280406 501 10,102 SH   SOLE 0 81 0 10,021
Hasbro Inc Com 418056107 352 3,688 SH   SOLE 0 232 0 3,456
Henry Jack & Assoc Inc Com 426281101 411 3,501 SH   SOLE 0 33 0 3,468
Honeywell Intl Inc Com 438516106 879 5,814 SH   SOLE 0 351 0 5,463
IAC / Interactive Corp Com 44919P508 204 1,367 SH   SOLE 0 0 0 1,367
IPG Photonics Corp Com 44980X109 366 1,490 SH   SOLE 0 0 0 1,490
Illinois Tool Works Inc Com 452308109 448 2,775 SH   SOLE 0 167 0 2,608
Intel Corp. Com 458140100 323 6,558 SH   SOLE 0 150 0 6,408
Intl Business Machines Corp Com 459200101 736 4,726 SH   SOLE 0 4,726 0 0
Intl Flavors & Fragrances Inc Com 459506101 361 2,555 SH   SOLE 0 0 0 2,555
ADR Intesa SanPaolo SPA Com 46115H107 252 11,114 SH   SOLE 0 188 0 10,926
JP Morgan Chase & Co Com 46625H100 3,113 26,956 SH   SOLE 0 2,364 0 24,592
Johnson & Johnson Com 478160104 3,060 23,563 SH   SOLE 0 6,845 0 16,718
Julius Baer Group LTD-UN ADR Com 48137C108 258 19,765 SH   SOLE 0 374 0 19,391
KVH Inds Inc Com 482738101 126 12,316 SH   SOLE 0 0 0 12,316
Kimberly Clark Corp Com 494368103 544 4,902 SH   SOLE 0 114 0 4,788
LCI Industries Com 50189K103 239 2,184 SH   SOLE 0 0 0 2,184
LSI Industries Inc Com 50216C108 79 10,143 SH   SOLE 0 0 0 10,143
Lamb Weston Holdings Com 513272104 347 6,423 SH   SOLE 0 0 0 6,423
Lazard Emerging Mkts Equity Port Instl Com 52106N889 7,443 359,564 SH   SOLE 0 329,158 0 30,406
BrandywineGlobal Global Opportunities Bond Fd Com 524686334 7,181 648,135 SH   SOLE 0 564,286 0 83,849
Lennox International Inc. Com 526107107 423 2,067 SH   SOLE 0 24 0 2,043
Lexington Rlty Tr Com Com 529043101 112 14,030 SH   SOLE 0 0 0 14,030
Liberty Ppty Tr Sh Ben Com 531172104 214 5,444 SH   SOLE 0 0 0 5,444
Lilly Eli & Co Com 532457108 234 3,033 SH   SOLE 0 0 0 3,033
Lloyds TSB Group plc Com 539439109 242 62,965 SH   SOLE 0 0 0 62,965
MFS International Value R6 Com 552746349 1,952 45,722 SH   SOLE 0 45,722 0 0
MKS Instruments Inc Com Com 55306N104 598 5,372 SH   SOLE 0 0 0 5,372
Masco Industries Inc Com 574599106 517 12,572 SH   SOLE 0 0 0 12,572
Mastercard Inc Cl A Com 57636Q104 1,249 7,108 SH   SOLE 0 0 0 7,108
McCormick & Co Inc Com 579780206 408 3,817 SH   SOLE 0 89 0 3,728
McKesson Corporation Com 58155Q103 532 3,565 SH   SOLE 0 34 0 3,531
Merck & Co Inc New Com 58933Y105 430 7,927 SH   SOLE 0 2,054 0 5,873
Metlife, Inc. Com 59156R108 1,108 23,994 SH   SOLE 0 1,497 0 22,497
Mettler-Toledo Intl Inc Com 592688105 427 693 SH   SOLE 0 0 0 693
Microsoft Corporation Com 594918104 3,772 40,230 SH   SOLE 0 1,901 0 38,329
Mitsubishi Estate Co Com 606783207 228 12,980 SH   SOLE 0 194 0 12,786
Federated Government Money Mkt Obligs Tr Com 60934N104 3,436 3,436,296 SH   SOLE 0 3,436,296 0 0
Monolithic Power Systems Com 609839105 428 3,659 SH   SOLE 0 38 0 3,621
Nasdaq Stk Mkt Inc Com 631103108 529 6,557 SH   SOLE 0 61 0 6,496
Nektar Therapeutics Com 640268108 200 2,314 SH   SOLE 0 0 0 2,314
Nestle Adr Com 641069406 2,447 30,718 SH   SOLE 0 97 0 30,621
NextEra Energy Inc Com 65339F101 452 2,969 SH   SOLE 0 316 0 2,653
Nike, Inc. Class B Com 654106103 2,699 40,272 SH   SOLE 0 0 0 40,272
Northrup Grumman Corp. Com 666807102 799 2,283 SH   SOLE 0 21 0 2,262
Novartis Ag Sponsored Adr Com 66987V109 286 3,430 SH   SOLE 0 0 0 3,430
O'Reilly Automotive Inc New Com Com 67103H107 2,093 8,572 SH   SOLE 0 0 0 8,572
Occidental Petroleum Com 674599105 506 7,707 SH   SOLE 0 49 0 7,658
Old Dominion Fght Lines Inc Com 679580100 355 2,558 SH   SOLE 0 0 0 2,558
On Assignment, Inc Com Com 682159108 295 3,851 SH   SOLE 0 0 0 3,851
Oracle Corporation Com 68389X105 2,721 53,691 SH   SOLE 0 71 0 53,620
Orange Com 684060106 216 12,686 SH   SOLE 0 214 0 12,472
Otsuka Holdings Co Com 689164101 242 9,573 SH   SOLE 0 174 0 9,399
PNC Financial Services Group Com 693475105 1,358 8,612 SH   SOLE 0 71 0 8,541
PPG Ind Inc Com 693506107 1,279 11,372 SH   SOLE 0 107 0 11,265
PVH Corp Com 693656100 404 2,797 SH   SOLE 0 0 0 2,797
ADR Panasonic Corp ADR Com 69832A205 261 16,621 SH   SOLE 0 421 0 16,200
Paychex Inc. Com 704326107 801 12,294 SH   SOLE 0 12,294 0 0
Pepsico Inc Com 713448108 1,228 11,193 SH   SOLE 0 5,969 0 5,224
Pfizer Inc. Com 717081103 1,835 50,534 SH   SOLE 0 11,814 0 38,720
Philip Morris Intl Inc Com 718172109 2,239 21,623 SH   SOLE 0 1,030 0 20,593
Pine Grove Alternative Instl FD Com 72255R101 911 947 SH   SOLE 0 0 0 947
Pool Corporation Com 73278L105 414 2,999 SH   SOLE 0 28 0 2,971
Procter & Gamble Co Com 742718109 662 8,425 SH   SOLE 0 6,635 0 1,790
Osterweis Strategic Income Fund Com 742935489 24,873 2,185,665 SH   SOLE 0 2,088,351 0 97,314
Rpc Energy Services, Inc. Com 749660106 299 15,208 SH   SOLE 0 0 0 15,208
Raymond James Financial Inc. Com 754730109 443 4,783 SH   SOLE 0 48 0 4,735
Raytheon Co Com New Com 755111507 432 1,985 SH   SOLE 0 0 0 1,985
Regal Beloit Corp Com 758750103 263 3,632 SH   SOLE 0 0 0 3,632
Regeneron Pharmaceuticals Inc Com 75886F107 1,416 4,420 SH   SOLE 0 25 0 4,395
Resmed Inc Com 761152107 446 4,685 SH   SOLE 0 0 0 4,685
Roche Holdings Ltd Adr Com 771195104 231 7,966 SH   SOLE 0 181 0 7,785
Koninklijke-Royal DSM NV ADR Com 780249108 250 9,632 SH   SOLE 0 203 0 9,429
Royal Dutch Shell Plc Adr Cl B Com 780259107 379 5,910 SH   SOLE 0 0 0 5,910
Royal Dutch Shell Plc Adr Cl A Com 780259206 403 6,363 SH   SOLE 0 99 0 6,264
Royal Kpn Adr Com 780641205 207 66,131 SH   SOLE 0 1,111 0 65,020
SS&C TECHNOLOGIES HLDGS INC COM Com 78467J100 413 8,340 SH   SOLE 0 0 0 8,340
Sandy Spring Bancorp Inc Com 800363103 215 5,539 SH   SOLE 0 0 0 5,539
SAP Ag Com 803054204 229 2,189 SH   SOLE 0 0 0 2,189
Schein Henry Inc Com 806407102 261 3,941 SH   SOLE 0 0 0 3,941
Schlumberger Ltd Com 806857108 1,482 22,578 SH   SOLE 0 1,071 0 21,507
Secom Co Ltd ADR Com 813113206 219 12,194 SH   SOLE 0 195 0 11,999
Selective Ins Group Inc Com 816300107 311 5,476 SH   SOLE 0 0 0 5,476
Seven & I Hldgs Co Ltd Adr Com 81783H105 238 11,392 SH   SOLE 0 190 0 11,202
Siemens AG ADR Com 826197501 284 4,290 SH   SOLE 0 0 0 4,290
Smith & Nephew PLC Sponsored ADR Com 83175M205 381 10,743 SH   SOLE 0 107 0 10,636
Snap-On Inc. Com 833034101 329 2,065 SH   SOLE 0 61 0 2,004
Starbucks Corp Com 855244109 2,104 36,856 SH   SOLE 0 0 0 36,856
State Street Corp. Com 857477103 586 5,523 SH   SOLE 0 52 0 5,471
Sterling Bancorp Com 85917A100 214 9,225 SH   SOLE 0 98 0 9,127
Sumitomo Mitsui Finl Group ADR Com 86562M209 366 42,020 SH   SOLE 0 735 0 41,285
Summit Hotel Properties Com 866082100 185 14,060 SH   SOLE 0 0 0 14,060
Suntrust Bks Inc Com 867914103 490 7,013 SH   SOLE 0 0 0 7,013
Synopsys Inc. Com 871607107 366 4,317 SH   SOLE 0 0 0 4,317
Target Corp. Com 87612E106 215 2,853 SH   SOLE 0 2,853 0 0
ADR Tata Mtrs Ltd Sponsored ADR Com 876568502 206 7,353 SH   SOLE 0 130 0 7,223
Texas Instruments Inc Com 882508104 909 8,387 SH   SOLE 0 580 0 7,807
Texas Roadhouse Inc Com Com 882681109 393 7,107 SH   SOLE 0 0 0 7,107
Thermo Fisher Scientific, Inc. Com 883556102 614 2,946 SH   SOLE 0 27 0 2,919
3M Company Com 88579Y101 850 3,609 SH   SOLE 0 2,160 0 1,449
Toray Industries Com 890880206 224 11,023 SH   SOLE 0 0 0 11,023
Total SA Adr Com 89151E109 232 4,087 SH   SOLE 0 72 0 4,015
Travelers Cos Inc. Com 89417E109 1,195 8,599 SH   SOLE 0 58 0 8,541
Trustco Bank Corp NY Com 898349105 104 12,201 SH   SOLE 0 0 0 12,201
US Bancorp Del New Com 902973304 1,153 21,219 SH   SOLE 0 199 0 21,020
Unilever Nv New York Shs New Com 904784709 292 5,590 SH   SOLE 0 0 0 5,590
Union Pacific Corp Com 907818108 1,025 7,868 SH   SOLE 0 73 0 7,795
United Financial Bancorp, Inc Com 910304104 191 12,265 SH   SOLE 0 0 0 12,265
United Fire Group Inc Com Com 910340108 260 5,836 SH   SOLE 0 0 0 5,836
United Technologies Corp Com 913017109 850 6,308 SH   SOLE 0 770 0 5,538
Vanguard Ultra Short Term Bond Admiral Com 922031711 1,126 56,507 SH   SOLE 0 56,507 0 0
Visa Com 92826C839 3,181 25,871 SH   SOLE 0 0 0 25,871
Wabco Hldgs Inc Com 92927K102 371 2,691 SH   SOLE 0 41 0 2,650
Wells Fargo & Company Com 949746101 1,748 29,921 SH   SOLE 0 194 0 29,727
Welltower Inc - REIT Com 95040Q104 283 5,385 SH   SOLE 0 0 0 5,385
Xcel Energy Inc Com 98389B100 628 14,520 SH   SOLE 0 110 0 14,410
Xcerra Corp Com 98400J108 153 15,331 SH   SOLE 0 0 0 15,331
Zoetis Inc Com 98978V103 2,270 28,072 SH   SOLE 0 0 0 28,072
Allegion PLC Com G0176J109 314 3,730 SH   SOLE 0 0 0 3,730
AON Plc Com Com G0408V102 734 5,231 SH   SOLE 0 49 0 5,182
Accenture PLC Com G1151C101 4,190 26,025 SH   SOLE 0 97 0 25,928
Eaton Corp PLC Com G29183103 1,010 12,511 SH   SOLE 0 538 0 11,973
Genpact Limited Com G3922B107 388 12,357 SH   SOLE 0 0 0 12,357
Ingersoll-Rand PLC Com G47791101 503 5,670 SH   SOLE 0 509 0 5,161
Johnson Ctls Intl Plc Com G51502105 1,032 27,997 SH   SOLE 0 204 0 27,793
Medtronic PLC Com G5960L103 1,389 17,385 SH   SOLE 0 390 0 16,995
Aptiv Plc Com G6095L109 512 5,606 SH   SOLE 0 52 0 5,554
STERIS PLC SHS USD Com G84720104 298 3,266 SH   SOLE 0 0 0 3,266
Chubb Limited Com H1467J104 1,577 11,114 SH   SOLE 0 79 0 11,035
Orbotech Ltd Ord Com M75253100 481 8,743 SH   SOLE 0 0 0 8,743
AerCap Holdings NV Com N00985106 328 6,617 SH   SOLE 0 115 0 6,502
Soper Company Common Com SOPCOM993 5,409 303 SH   SOLE 0 303 0 0
Soper-Wheeler CO. LLC Com SOPLLC998 233 30,319 SH   SOLE 0 30,319 0 0