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
APPLE INC COM 037833100 2,369 23,516 SH   SOLE   23,516 0 0
APPLE INC COM 037833100 170 2,950 SH   SOLE   2,950 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 367 4,417 SH   SOLE   4,417 0 0
AMERICAN ELEC PWR INC COM 025537101 615 11,774 SH   SOLE   11,774 0 0
AIR LEASE CORP CL A 00912X302 1,788 55,026 SH   SOLE   55,026 0 0
AMGEN INC COM 031162100 1,083 7,709 SH   SOLE   7,709 0 0
ATRION CORP COM 049904105 1,168 20,050 SH   SOLE   20,050 0 0
AUDIOCODES LTD ORD M15342104 427 1,400 SH   SOLE   1,400 0 0
BOEING CO COM 097023105 245 1,925 SH   SOLE   1,925 0 0
BANK AMER CORP COM 060505104 2,297 134,725 SH   SOLE   134,725 0 0
BARCLAYS BK PLC ADR 2 PREF 2 06739F390 582 22,984 SH   SOLE   22,984 0 0
BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 824 32,019 SH   SOLE   32,019 0 0
BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 565 21,847 SH   SOLE   21,847 0 0
BARCLAYS BANK PLC ADR PFD SR 5 06739H362 240 9,226 SH   SOLE   9,226 0 0
B/E AEROSPACE INC COM 073302101 1,585 18,880 SH   SOLE   18,880 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,357 46,054 SH   SOLE   46,054 0 0
BOSTON PRIVATE FINL HLDGS IN DEP SHS 101119303 1,176 47,275 SH   SOLE   47,275 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 414 2 SH   SOLE   2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,956 21,400 SH   SOLE   21,400 0 0
CONAGRA FOODS INC COM 205887102 20 600 SH   SOLE   600 0 0
CONAGRA FOODS INC COM 205887102 209 2,788 SH   SOLE   2,788 0 0
CELGENE CORP COM 151020104 682 7,200 SH   SOLE   7,200 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 219 3,308 SH   SOLE   3,308 0 0
COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 140 22,550 SH   SOLE   22,550 0 0
CONOCOPHILLIPS COM 20825C104 2,240 29,268 SH   SOLE   29,268 0 0
COSTCO WHSL CORP NEW COM 22160K105 372 2,970 SH   SOLE   2,970 0 0
CSX CORP COM 126408103 1,626 50,708 SH   SOLE   50,708 0 0
CHEVRON CORP NEW COM 166764100 1,629 13,648 SH   SOLE   13,648 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 329 14,640 SH   SOLE   14,640 0 0
DOMINION RES INC VA NEW COM 25746U109 2,412 34,910 SH   SOLE   34,910 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 223 9,600 SH   SOLE   9,600 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 845 11,777 SH   SOLE   11,777 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 2,941 17,292 SH   SOLE   17,292 0 0
DISNEY WALT CO COM DISNEY 254687106 2,806 31,518 SH   SOLE   31,518 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 749 10,023 SH   SOLE   10,023 0 0
CONSOLIDATED EDISON INC COM 209115104 333 5,878 SH   SOLE   5,878 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 353 8,491 SH   SOLE   8,491 0 0
ISHARES TR MSCI EAFE ETF 464287465 516 8,046 SH   SOLE   8,046 0 0
EQUIFAX INC COM 294429105 1,021 13,661 SH   SOLE   13,661 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 653 54,276 SH   SOLE   54,276 0 0
EASTMAN CHEM CO COM 277432100 2,452 30,310 SH   SOLE   30,310 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 435 10,800 SH   SOLE   10,800 0 0
EATON CORP PLC SHS G29183103 453 7,151 SH   SOLE   7,151 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 1,541 104,163 SH   SOLE   104,163 0 0
FACEBOOK INC CL A 30303M102 253 3,207 SH   SOLE   3,207 0 0
FIRST HORIZON NATL CORP COM 320517105 2,280 185,649 SH   SOLE   185,649 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 478 8,496 SH   SOLE   8,496 0 0
FLOWERS FOODS INC COM 343498101 428 23,300 SH   SOLE   23,300 0 0
FORTINET INC COM 34959E109 1,577 62,425 SH   SOLE   62,425 0 0
GENERAL ELECTRIC CO COM 369604103 4,798 187,261 SH   SOLE   187,261 0 0
GILEAD SCIENCES INC COM 375558103 1,911 17,950 SH   SOLE   17,950 0 0
ISHARES GOLD TRUST ISHARES 464285105 318 2,740 SH   SOLE   2,740 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 340 7,400 SH   SOLE   7,400 0 0
HCA HOLDINGS INC COM 40412C101 236 3,350 SH   SOLE   3,350 0 0
HEALTH CARE REIT INC COM 42217K106 226 3,621 SH   SOLE   3,621 0 0
HOME DEPOT INC COM 437076102 443 4,825 SH   SOLE   4,825 0 0
HESS CORP COM 42809H107 1,186 12,570 SH   SOLE   12,570 0 0
HANCOCK JOHN PFD INCOME FD I COM 41013X106 260 13,005 SH   SOLE   13,005 0 0
INGLES MKTS INC CL A 457030104 4 150 SH   SOLE   150 0 0
INGLES MKTS INC CL A 457030104 388 11,149 SH   SOLE   11,149 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 201 1,880 SH   SOLE   1,880 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 203 4,150 SH   SOLE   4,150 0 0
JOHNSON & JOHNSON COM 478160104 2,801 26,280 SH   SOLE   26,280 0 0
JPMORGAN CHASE & CO COM 46625H100 672 11,162 SH   SOLE   11,162 0 0
KELLOGG CO COM 487836108 473 7,673 SH   SOLE   7,673 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 0 48 SH   SOLE   48 0 0
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 741 7,945 SH   SOLE   7,945 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 1,636 38,359 SH   SOLE   38,359 0 0
KITE RLTY GROUP TR COM NEW 49803T300 374 15,425 SH   SOLE   15,425 0 0
LILLY ELI & CO COM 532457108 363 5,600 SH   SOLE   5,600 0 0
CHENIERE ENERGY INC COM NEW 16411R208 2,357 29,451 SH   SOLE   29,451 0 0
MCDONALDS CORP COM 580135101 1,018 10,739 SH   SOLE   10,739 0 0
MONDELEZ INTL INC CL A 609207105 540 15,752 SH   SOLE   15,752 0 0
MEDIDATA SOLUTIONS INC COM 58471A105 791 17,850 SH   SOLE   17,850 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 976 3,915 SH   SOLE   3,915 0 0
METLIFE INC COM 59156R108 911 16,950 SH   SOLE   16,950 0 0
MACROGENICS INC COM 556099109 553 26,450 SH   SOLE   26,450 0 0
ALTRIA GROUP INC COM 02209S103 890 19,365 SH   SOLE   19,365 0 0
MARATHON PETE CORP COM 56585A102 1,368 16,152 SH   SOLE   16,152 0 0
MERCK & CO INC NEW COM 58933Y105 468 7,895 SH   SOLE   7,895 0 0
MARATHON PETE CORP COM 56585A102 1,001 26,619 SH   SOLE   26,619 0 0
MICRON TECHNOLOGY INC COM 595112103 1,192 34,800 SH   SOLE   34,800 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,655 14,831 SH   SOLE   14,831 0 0
NOVARTIS A G SPONSORED ADR 66987V109 278 2,950 SH   SOLE   2,950 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 826 8,590 SH   SOLE   8,590 0 0
HANCOCK JOHN PREMUIM DIV FD COM SH BEN INT 41013T105 139 10,537 SH   SOLE   10,537 0 0
ISHARES U.S. PFD STK ETF 464288687 583 14,757 SH   SOLE   14,757 0 0
PROCTER & GAMBLE CO COM 742718109 2,891 34,529 SH   SOLE   34,529 0 0
PPL CORP COM 69351T106 410 12,500 SH   SOLE   12,500 0 0
PHILLIPS 66 COM 718546104 2,275 27,981 SH   SOLE   27,981 0 0
PIONEER NAT RES CO COM 723787107 699 3,550 SH   SOLE   3,550 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,454 14,715 SH   SOLE   14,715 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 350 4,600 SH   SOLE   4,600 0 0
REGIONS FINL CORP NEW COM 7591EP100 1,020 101,622 SH   SOLE   101,622 0 0
ROSETTA RESOURCES INC COM 777779307 719 16,141 SH   SOLE   16,141 0 0
SPDR INDEX SHS FDS DJ GLB RL ES ETF 78463X749 233 5,255 SH   SOLE   5,255 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 108 13,270 SH   SOLE   13,270 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 203 2,400 SH   SOLE   2,400 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 724 24,187 SH   SOLE   24,187 0 0
SCHLUMBERGER LTD COM 806857108 953 9,376 SH   SOLE   9,376 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 325 19,852 SH   SOLE   19,852 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,821 9,244 SH   SOLE   9,244 0 0
AT&T INC COM 00206R102 1,819 51,609 SH   SOLE   51,609 0 0
PROSHARES TR SHRT 20+YR TRE 74347X849 1,387 50,000 SH   SOLE   50,000 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 353 25,959 SH   SOLE   25,959 0 0
TRANSCANADA CORP COM 89353D107 378 7,330 SH   SOLE   7,330 0 0
TIME WARNER INC COM NEW 887317303 247 3,279 SH   SOLE   3,279 0 0
UNION PAC CORP COM 907818108 1,773 16,350 SH   SOLE   16,350 0 0
UNITED TECHNOLOGIES CORP COM 913017109 427 4,043 SH   SOLE   4,043 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 241 2,376 SH   SOLE   2,376 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,187 23,749 SH   SOLE   23,749 0 0
WELLS FARGO & CO NEW COM 949746101 298 5,748 SH   SOLE   5,748 0 0
WASTE MGMT INC DEL COM 94106L109 926 19,485 SH   SOLE   19,485 0 0
EXXON MOBIL CORP COM 30231G102 3,819 40,608 SH   SOLE   40,608 0 0
MCKESSON CORP COM 58155Q103 234 1,200 SH   SOLE   1,200 0 0