President

0001398344-14-000723.txt : 20140210 0001398344-14-000723.hdr.sgml : 20140210 20140210164421 ACCESSION NUMBER: 0001398344-14-000723 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20131231 FILED AS OF DATE: 20140210 DATE AS OF CHANGE: 20140210 EFFECTIVENESS DATE: 20140210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORNERSTONE ADVISORS INC CENTRAL INDEX KEY: 0001166880 IRS NUMBER: 562233730 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10085 FILM NUMBER: 14589682 BUSINESS ADDRESS: STREET 1: 1075 HENDERSONVILLE ROAD, SUITE 250 CITY: ASHEVILLE STATE: NC ZIP: 28803 BUSINESS PHONE: 8282108184 MAIL ADDRESS: STREET 1: 1075 HENDERSONVILLE ROAD, SUITE 250 CITY: ASHEVILLE STATE: NC ZIP: 28803 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001166880 XXXXXXXX 12-31-2013 12-31-2013 false CORNERSTONE ADVISORS INC

1075 Hendersonville Road, Suite 250 Asheville NC 28803

13F HOLDINGS REPORT 028-10085 N Ralph W. Bradshaw President 828-210-8184 /s/ Ralph W. Bradshaw Asheville NC 02-10-2014 0 259 407235 INFORMATION TABLE 2 fp0009513_13fhr-table.xml 13F INFORMATION TABLE Abbott Laboratories Common 002824100 1388 36200 SH SOLE 36200 0 0 AbbVie Inc. Common 00287Y109 1172 22200 SH SOLE 22200 0 0 Aberdeen Asia-Pac Prme Fd Common 003009107 543 94300 SH SOLE 94300 0 0 Aberdeen Global Income Fd Common 003013109 271 26134 SH SOLE 26134 0 0 Aberdeen Greater China Fd, Inc Common 003031101 1014 99849 SH SOLE 99849 0 0 Aberdeen Singapore Fund, Inc. Common 003244100 688 53892 SH SOLE 53892 0 0 Adams Express Co. Common 006212104 2202 168454 SH SOLE 168454 0 0 Advent Claymore Enh Gwth&Incm Common 00765E104 844 83351 SH SOLE 83351 0 0 AES Corporation Common 00130H105 183 12600 SH SOLE 12600 0 0 Aetna Inc. Common 00817Y108 206 3000 SH SOLE 3000 0 0 AFLAC Inc. Common 001055102 367 5500 SH SOLE 5500 0 0 Air Products & Chemicals Common 009158106 391 3500 SH SOLE 3500 0 0 Allergan Inc. Common 018490102 1000 9000 SH SOLE 9000 0 0 AllianzGI Equity & Convertible Common 018829101 1412 72361 SH SOLE 72361 0 0 Allstate Corporation Common 020002101 573 10500 SH SOLE 10500 0 0 Alpine Global Dynamic Div Common 02082E205 2663 522202 SH SOLE 522202 0 0 Alpine Global Premier Prop Fd Sh Ben Int 02083A103 696 96754 SH SOLE 96754 0 0 Alpine Total Dynamic Div. Sh Ben Int 021060207 11711 2795054 SH SOLE 2795054 0 0 Altria Group Inc Common 02209S103 1298 33800 SH SOLE 33800 0 0 American Intl Group, Inc. Common 026874784 1940 38000 SH SOLE 38000 0 0 Ameriprise Financial, Inc. Common 03076C106 288 2500 SH SOLE 2500 0 0 Amgen Inc. Common 031162100 2260 19800 SH SOLE 19800 0 0 Anadarko Petroleum Corp Common 032511107 1190 15000 SH SOLE 15000 0 0 Aon Corp cl A Common G0408V102 671 8000 SH SOLE 8000 0 0 Apple Inc. Common 037833100 5555 9900 SH SOLE 9900 0 0 Archer Daniels Midland Common 039483102 391 9000 SH SOLE 9000 0 0 AT&T Inc. Common 00206R102 2624 74628 SH SOLE 74628 0 0 Bank of America Corp Common 060505104 3130 201000 SH SOLE 201000 0 0 Bank of New York Mellon Corp. Common 064058100 1013 29000 SH SOLE 29000 0 0 Baxter International Common 071813109 396 5700 SH SOLE 5700 0 0 BB&T Corp Common 054937107 728 19500 SH SOLE 19500 0 0 Becton Dickinson & Co. Common 075887109 442 4000 SH SOLE 4000 0 0 Berkshire Hathaway cl B Common 084670702 2964 25000 SH SOLE 25000 0 0 BlackRock Debt Strat. Fd Common 09255R103 336 84173 SH SOLE 84173 0 0 Blackrock Ecosolut. Invest Tr Common 092546100 1865 237843 SH SOLE 237843 0 0 BlackRock Energy and Res Trust Common 09250U101 5590 230061 SH SOLE 230061 0 0 BlackRock Enh Eqty Div Tr Common 09251A104 3411 429635 SH SOLE 429635 0 0 BlackRock Enhanced Cap & Inc Common 09256A109 1389 101619 SH SOLE 101619 0 0 Blackrock Global Opportunities Common 092501105 12544 838509 SH SOLE 838509 0 0 BlackRock High Yld Fd VI Common 09255P107 534 43880 SH SOLE 43880 0 0 Blackrock Inc. Common 09247X101 475 1500 SH SOLE 1500 0 0 Blackrock Intl Growth & Inc Tr Sh Ben Int 092524107 7665 942839 SH SOLE 942839 0 0 BlackRock MuniHldgs Qlty Fd Common 09254A101 259 21868 SH SOLE 21868 0 0 BlackRock MuniHldgs Qlty Fd 2 Common 09254C107 169 13953 SH SOLE 13953 0 0 Blackrock Real Asset Equity Common 09254B109 8622 989848 SH SOLE 989848 0 0 Blackrock Resources&Commod. Common 09257A108 5513 475687 SH SOLE 475687 0 0 BlackRock Util and Infra Trust Common 09248D104 3854 215674 SH SOLE 215674 0 0 Boeing Company Common 097023105 1092 8000 SH SOLE 8000 0 0 Boston Scientific Corp Common 101137107 168 14000 SH SOLE 14000 0 0 Brookfield Global Inc Fnd Inc Common 11273Q109 923 46700 SH SOLE 46700 0 0 Calamos Global Dynamic Income Common 12811L107 1179 131409 SH SOLE 131409 0 0 Calamos Strategic Total Return Sh Ben Int 128125101 5006 459677 SH SOLE 459677 0 0 Capital One Financial Corp. Common 14040H105 766 10000 SH SOLE 10000 0 0 Cardinal Health Inc. Common 14149Y108 999 14950 SH SOLE 14950 0 0 CBS Corp. cl B Common, Cl B 124857202 574 9000 SH SOLE 9000 0 0 Chevron Corp Common 166764100 841 6732 SH SOLE 6732 0 0 China Fund Common 169373107 3512 168763 SH SOLE 168763 0 0 Cigna Corporation Common 125509109 394 4500 SH SOLE 4500 0 0 Cisco Systems Inc. Common 17275R102 2963 132000 SH SOLE 132000 0 0 Citigroup Inc. Common 172967424 4169 80000 SH SOLE 80000 0 0 Clarion Global Real Est Inc Common 12504G100 6827 861935 SH SOLE 861935 0 0 Clough Global Allocat. Fd Sh Ben Int 18913Y103 1164 75669 SH SOLE 75669 0 0 Coca-Cola Company Common 191216100 1487 36000 SH SOLE 36000 0 0 Cognizant Tech Solutions Common 192446102 808 8000 SH SOLE 8000 0 0 Cohen & Steers Div Mjrs Fd Inc Common 19248G106 1663 114057 SH SOLE 114057 0 0 Cohen & Steers Infrastr Fd Common 19248A109 496 24085 SH SOLE 24085 0 0 Cohen & Steers Ltd Dur Pfd Fd Common 19248C105 235 10400 SH SOLE 10400 0 0 Cohen & Steers Quality Common 19247L106 6381 673079 SH SOLE 673079 0 0 Cohen & Steers REIT & Pfd Common 19247X100 7893 502763 SH SOLE 502763 0 0 Cohen & Steers Total Common 19247R103 495 41272 SH SOLE 41272 0 0 Comcast cl A Common, Cl A 20030N101 3431 66025 SH SOLE 66025 0 0 Comcast cl A Special Common 20030N200 212 4250 SH SOLE 4250 0 0 ConocoPhillips Common 20825C104 2118 29974 SH SOLE 29974 0 0 Consolidated Edison, Inc. Common 209115104 249 4500 SH SOLE 4500 0 0 Corning Inc. Common 219350105 321 18000 SH SOLE 18000 0 0 Costco Wholesale Corp Common 22160K105 298 2500 SH SOLE 2500 0 0 Credit Suisse Asset Mgmt Fd Common 224916106 78 22000 SH SOLE 22000 0 0 CSX Corporation Common 126408103 230 8000 SH SOLE 8000 0 0 CVS Caremark Corp. Common 126650100 1691 23630 SH SOLE 23630 0 0 Deere & Company Common 244199105 1187 13000 SH SOLE 13000 0 0 Delaware Enhanced Glbl Div Common 246060107 3204 262203 SH SOLE 262203 0 0 Devon Energy Corp Common 25179M103 835 13500 SH SOLE 13500 0 0 DIRECTV Common 25490A309 933 13500 SH SOLE 13500 0 0 Dow Chemical Company Common 260543103 1621 36500 SH SOLE 36500 0 0 Duff & Phelps Glbl Utl Inc Fnd Common 26433C105 1845 96706 SH SOLE 96706 0 0 DWS Hi Incm Opportunities Fd Common 23339M204 2406 167106 SH SOLE 167106 0 0 DWS High Income Trust Common 23337C208 357 39091 SH SOLE 39091 0 0 DWS Multi-Mkt Income Trst Common 23338L108 260 27730 SH SOLE 27730 0 0 Eaton Vance Floating-Rate Inc Common 278279104 440 28800 SH SOLE 28800 0 0 Eaton Vance Natl Muni Opps Tr Common 27829L105 435 23570 SH SOLE 23570 0 0 Eaton Vance Tax Adv Bnd & Optn Sh Ben Int 27829M103 181 12761 SH SOLE 12761 0 0 eBay Inc. Common 278642103 1043 19000 SH SOLE 19000 0 0 Ecolab Inc Common 278865100 469 4500 SH SOLE 4500 0 0 Eli Lilly & Co. Common 532457108 1556 30500 SH SOLE 30500 0 0 EMC Corporation Common 268648102 1207 48000 SH SOLE 48000 0 0 Emerson Electric Co. Common 291011104 983 14000 SH SOLE 14000 0 0 EOG Resources Inc Common 26875P101 1259 7500 SH SOLE 7500 0 0 Exelon Corp Common 30161N101 630 23000 SH SOLE 23000 0 0 Express Scripts Holding Co. Common 30219G108 1264 18000 SH SOLE 18000 0 0 Exxon Mobil Corporation Common 30231G102 8191 80936 SH SOLE 80936 0 0 Facebook, Inc. cl A Common 30303M102 1913 35000 SH SOLE 35000 0 0 Federated Enhanced Trsry In Fd Sh Ben Int 314162108 796 62272 SH SOLE 62272 0 0 Fifth Third Bancorp Common 316773100 389 18500 SH SOLE 18500 0 0 First Trust / Ab Emerging Opp Common 33731K102 302 16750 SH SOLE 16750 0 0 First Trust Dividend & Incm Fd Common 33731L100 300 34118 SH SOLE 34118 0 0 First Trust Mortgage Incm Fd Common 33734E103 815 52347 SH SOLE 52347 0 0 First Trust Strategic Fund II Common 337353106 1157 72077 SH SOLE 72077 0 0 Ford Motor Company Common 345370860 1296 84000 SH SOLE 84000 0 0 Franklin Universal Trust Sh Ben Int 355145103 160 23017 SH SOLE 23017 0 0 Gabelli Global Utly & Income Common 36242L105 576 28750 SH SOLE 28750 0 0 GAMCO Global Gold Natural Res Sh Ben Int 36465A109 2346 260121 SH SOLE 260121 0 0 GAMCO Natural Resources Gold Common 36465E101 576 57450 SH SOLE 57450 0 0 Gap Inc. Common 364760108 274 7000 SH SOLE 7000 0 0 General American Investors Co. Common 368802104 3067 87143 SH SOLE 87143 0 0 General Dynamics Corp. Common 369550108 764 8000 SH SOLE 8000 0 0 General Electric Company Common 369604103 7876 281000 SH SOLE 281000 0 0 General Mills Inc. Common 370334104 399 8000 SH SOLE 8000 0 0 Goldman Sachs Group Inc Common 38141G104 2393 13500 SH SOLE 13500 0 0 Google Inc Common 38259P508 4483 4000 SH SOLE 4000 0 0 Guggenheim Eql Wt Eqty Incm Fd Common 40167M106 2254 119324 SH SOLE 119324 0 0 Hancock J Inc Secs Common 410123103 178 12472 SH SOLE 12472 0 0 Hancock J Invest Common 410142103 212 11408 SH SOLE 11408 0 0 Hewlett-Packard Co Common 428236103 1354 48400 SH SOLE 48400 0 0 Home Depot Inc. Common 437076102 3302 40100 SH SOLE 40100 0 0 Honeywell Intl Inc Common 438516106 1553 17000 SH SOLE 17000 0 0 IBM Corp Common 459200101 5365 28600 SH SOLE 28600 0 0 India Fund, Inc. Common 454089103 2096 104788 SH SOLE 104788 0 0 Ing APEC High Div Eqty Inc Fd Common 44983J107 865 67890 SH SOLE 67890 0 0 ING Emerging Mkts High Div Fd Common 45685X104 1406 119670 SH SOLE 119670 0 0 ING Gl. Adv. & Prem. Opp. Fd. Common 44982N109 448 38076 SH SOLE 38076 0 0 ING Risk Managed Nat'l Res Common 449810100 2203 224565 SH SOLE 224565 0 0 Intel Corporation Common 458140100 2596 100000 SH SOLE 100000 0 0 International Paper Co. Common 460146103 309 6300 SH SOLE 6300 0 0 Invesco Advantage Muni Incm II Common 92112K107 1399 133008 SH SOLE 133008 0 0 Invesco Bond Fund Common 46132L107 829 46866 SH SOLE 46866 0 0 Invesco Municipal Opportnty Tr Common 46132C107 3435 293309 SH SOLE 293309 0 0 Invesco Municipal Trust Common 46131J103 909 78460 SH SOLE 78460 0 0 Invesco Senior Income Trust Common 46131H107 193 38300 SH SOLE 38300 0 0 Invesco Trust for Invest Grade Common 46131M106 1675 137522 SH SOLE 137522 0 0 iShares Core S&P 500 ETF ETF 464287200 5570 30000 SH SOLE 30000 0 0 John Hancock Prem Div Fd Common 41013T105 1712 147609 SH SOLE 147609 0 0 John Hancock Tax-Adv Div Fund Common 41013V100 777 42643 SH SOLE 42643 0 0 Johnson & Johnson Common 478160104 2793 30500 SH SOLE 30500 0 0 Johnson Controls, Inc. Common 478366107 1077 21000 SH SOLE 21000 0 0 JPMorgan Chase & Co Common 46625H100 4464 76332 SH SOLE 76332 0 0 Kellogg Company Common 487836108 611 10000 SH SOLE 10000 0 0 Kimberly-Clark Corp. Common 494368103 313 3000 SH SOLE 3000 0 0 Kroger Company Common 501044101 593 15000 SH SOLE 15000 0 0 LMP Capital and Income Fund Common 50208A102 933 59179 SH SOLE 59179 0 0 LMP Real Estate Income Fd Inc Common 50208C108 1215 120801 SH SOLE 120801 0 0 Lockheed Martin Corp. Common 539830109 1412 9500 SH SOLE 9500 0 0 Macy's Inc. Common 55616P104 587 11000 SH SOLE 11000 0 0 Marathon Oil Corp Common 565849106 667 18900 SH SOLE 18900 0 0 Marsh & McLennan Company Inc Common 571748102 580 12000 SH SOLE 12000 0 0 Mastercard Inc. Common 57636Q104 1003 1200 SH SOLE 1200 0 0 McDonald's Corp. Common 580135101 2038 21000 SH SOLE 21000 0 0 McKesson Corp Common 58155Q103 613 3800 SH SOLE 3800 0 0 Medtronic Inc. Common 585055106 1607 28000 SH SOLE 28000 0 0 Merck & Co. Inc. Common 58933Y105 2866 57267 SH SOLE 57267 0 0 MetLife, Inc. Common 59156R108 1806 33500 SH SOLE 33500 0 0 MFS Charter Inco Tr Sh Ben Int 552727109 585 64650 SH SOLE 64650 0 0 MFS High Income Municipal Trus Common 59318D104 408 91205 SH SOLE 91205 0 0 MFS High Yield Municipal Trust Common 59318E102 95 22608 SH SOLE 22608 0 0 MFS Intermediate High Income F Common 59318T109 112 38669 SH SOLE 38669 0 0 MFS Intermediate Incme Tr Common 55273C107 1048 202236 SH SOLE 202236 0 0 MFS Invstmt Grade Muni Trust Common 59318B108 289 33606 SH SOLE 33606 0 0 Microsoft Corporation Common 594918104 5607 149800 SH SOLE 149800 0 0 Morgan Stanley Common 617446448 1223 39000 SH SOLE 39000 0 0 MS Emerging Mkts Debt Fund Common 617477104 346 26549 SH SOLE 26549 0 0 MS Turkish Invest Fund Common 900145103 538 36646 SH SOLE 36646 0 0 MSDW India Invest Common 61745C105 3154 180461 SH SOLE 180461 0 0 Neuberger Berman High Yd St Fd Common 64128C106 993 74923 SH SOLE 74923 0 0 Neuberger Berman Real Est Sec Common 64190A103 2568 591760 SH SOLE 591760 0 0 New Ireland Fund Inc Common 645673104 347 27013 SH SOLE 27013 0 0 Newmont Mining Corp Common 651639106 207 9000 SH SOLE 9000 0 0 NextEra Energy, Inc. Common 65339F101 514 6000 SH SOLE 6000 0 0 Nike Inc cl B Common 654106103 1337 17000 SH SOLE 17000 0 0 Norfolk Southern Corp Common 655844108 557 6000 SH SOLE 6000 0 0 Northrop Grumman Corp Common 666807102 229 2000 SH SOLE 2000 0 0 Nuv Div Adv Mun Fd 2 Common 67070F100 1170 92224 SH SOLE 92224 0 0 Nuv Div Adv Mun Fd 3 Sh Ben Int 67070X101 2242 181549 SH SOLE 181549 0 0 Nuv Diver Div & Income Common 6706EP105 691 61294 SH SOLE 61294 0 0 Nuv Mun Adv Fund Common 67062H106 168 13790 SH SOLE 13790 0 0 Nuv Mun Mkt Opp Fd Common 67062W103 131 10918 SH SOLE 10918 0 0 Nuv Qlty Inc Mun Fd Common 670977107 881 71930 SH SOLE 71930 0 0 Nuv Qlty Pfd Inc 3 Common 67072W101 934 119025 SH SOLE 119025 0 0 Nuv Qlty Pref Inc Common 67071S101 95 12410 SH SOLE 12410 0 0 Nuv Qlty Pref Inc 2 Common 67072C105 279 34238 SH SOLE 34238 0 0 Nuv Sel Qlty Mun Fd Common 670973106 1304 105150 SH SOLE 105150 0 0 Nuv Senior Income Fd Common 67067Y104 131 18430 SH SOLE 18430 0 0 Nuveen Bld America Bnd Opp Fd Common 67074Q102 358 18441 SH SOLE 18441 0 0 Nuveen Div Adv Muni Incm Fd Common 67071L106 707 56470 SH SOLE 56470 0 0 Nuveen Diversified Currency Op Common 67090N109 2029 201248 SH SOLE 201248 0 0 Nuveen Energy MLP Total Rtrn Common 67074U103 1411 72150 SH SOLE 72150 0 0 Nuveen Floating Rate Inc Opp Sh Ben Int 6706EN100 342 28090 SH SOLE 28090 0 0 Nuveen Global Value Opp Common 6706EH103 1671 126912 SH SOLE 126912 0 0 Occidental Petroleum Corp Common 674599105 476 5000 SH SOLE 5000 0 0 Omnicom Group Inc Common 681919106 335 4500 SH SOLE 4500 0 0 Oracle Corporation Common 68389X105 3247 84872 SH SOLE 84872 0 0 PepsiCo, Inc. Common 713448108 995 12000 SH SOLE 12000 0 0 Petroleum & Resource Corp. Common 716549100 3172 115848 SH SOLE 115848 0 0 Pfizer Inc. Common 717081103 964 31462 SH SOLE 31462 0 0 Philip Morris Intl Common 718172109 697 8000 SH SOLE 8000 0 0 Phillips 66 Common 718546104 809 10487 SH SOLE 10487 0 0 PNC Financial Services Common 693475105 1009 13000 SH SOLE 13000 0 0 PPG Industries Inc. Common 693506107 569 3000 SH SOLE 3000 0 0 PPL Corporation Common 69351T106 301 10000 SH SOLE 10000 0 0 Praxair, Inc. Common 74005P104 975 7500 SH SOLE 7500 0 0 Precision Castparts Corp Common 740189105 943 3500 SH SOLE 3500 0 0 Prudential Financial Inc Common 744320102 1199 13000 SH SOLE 13000 0 0 Public Service Enterprise Grp Common 744573106 336 10500 SH SOLE 10500 0 0 Putnam High Income Sec Common 746779107 207 25096 SH SOLE 25096 0 0 Putnam Prem Inc Tr Sh Ben Int 746853100 113 20822 SH SOLE 20822 0 0 Qualcomm Inc. Common 747525103 1893 25500 SH SOLE 25500 0 0 Reaves Utility Income Fund Sh Ben Int 756158101 7482 298222 SH SOLE 298222 0 0 RMR Real Estate Income Fund Common 76970B101 1027 60738 SH SOLE 60738 0 0 Schlumberger Ltd. Common 806857108 3379 37500 SH SOLE 37500 0 0 Southern Company Common 842587107 493 12000 SH SOLE 12000 0 0 SPDR S&P 500 ETF Trust ETF 78462F103 5540 30000 SH SOLE 30000 0 0 St. Jude Medical Inc. Common 790849103 558 9000 SH SOLE 9000 0 0 Starbucks Corporation Common 855244109 706 9000 SH SOLE 9000 0 0 State Street Corp Common 857477103 367 5000 SH SOLE 5000 0 0 Stryker Corp Common 863667101 225 3000 SH SOLE 3000 0 0 SunTrust Banks, Inc. Common 867914103 405 11000 SH SOLE 11000 0 0 Swiss Helvetia Fund Common 870875101 521 37363 SH SOLE 37363 0 0 T Rowe Price Group Inc Common 74144T108 377 4500 SH SOLE 4500 0 0 Taiwan Fund Common 874036106 646 33450 SH SOLE 33450 0 0 Templeton Dragon Common 88018T101 500 19329 SH SOLE 19329 0 0 Templeton Rus & East Euro Common 88022F105 407 26440 SH SOLE 26440 0 0 Thermo Fisher Scientific, Inc. Common 883556102 779 7000 SH SOLE 7000 0 0 Time Warner Cable Inc. Common 88732J207 881 6500 SH SOLE 6500 0 0 Time Warner Inc Common 887317303 1211 17366 SH SOLE 17366 0 0 TJX Companies Inc. Common 872540109 1147 18000 SH SOLE 18000 0 0 Transamerica Inc Shrs Common 893506105 542 25943 SH SOLE 25943 0 0 Tri-Continental Corp. Common 895436103 1551 77642 SH SOLE 77642 0 0 Twenty-First Cent Fox Inc Cl B Common, Cl B 90130A200 260 7500 SH SOLE 7500 0 0 Union Pacific Corp. Common 907818108 1512 9000 SH SOLE 9000 0 0 United Parcel Service Inc. Common 911312106 630 6000 SH SOLE 6000 0 0 UnitedHealth Group, Inc. Common 91324P102 678 9000 SH SOLE 9000 0 0 Valero Energy Corp. Common 91913Y100 378 7500 SH SOLE 7500 0 0 Verizon Communications, Inc. Common 92343V104 3686 75000 SH SOLE 75000 0 0 Viacom Inc cl B Common, Cl B 92553P201 520 5950 SH SOLE 5950 0 0 Virtus Total Return Fund Common 92829A103 934 232860 SH SOLE 232860 0 0 VISA Inc. Common 92826C839 2895 13000 SH SOLE 13000 0 0 W. Asset Claymore Infl-link Op Common 95766R104 846 75055 SH SOLE 75055 0 0 W. Asset Managed High Inc Fund Common 95766L107 204 35964 SH SOLE 35964 0 0 W. Asset Worldwide Income Fund Common 957668106 132 10800 SH SOLE 10800 0 0 Walgreen Company Common 931422109 689 12000 SH SOLE 12000 0 0 Wal-Mart Stores, Inc. Common 931142103 7609 96700 SH SOLE 96700 0 0 Walt Disney Company Common 254687106 3568 46700 SH SOLE 46700 0 0 Waste Management Inc. Common 94106L109 449 10000 SH SOLE 10000 0 0 WellPoint, Inc. Common 94973V107 1016 11000 SH SOLE 11000 0 0 Wells Fargo & Co Common 949746101 3124 68800 SH SOLE 68800 0 0 Wells Fargo Adv Global Div Opp Common 94987C103 3548 489359 SH SOLE 489359 0 0 Western Asset Emg Mkts Incm Fd Common 95766E103 938 79207 SH SOLE 79207 0 0 Weyerhaeuser Co Common 962166104 347 11000 SH SOLE 11000 0 0 Xcel Energy Inc Common 98389B100 265 9500 SH SOLE 9500 0 0 Yahoo! Inc. Common 984332106 849 21000 SH SOLE 21000 0 0 Zweig Total Return Common 989837208 1364 97850 SH SOLE 97850 0 0