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
ALCOA INC COM 013817101 137 12,900 SH   SOLE 0 0 12,900
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364w105 2,853 122,075 SH   SOLE 0 0 122,075
AMERICAN EXPRESS CO COM 025816109 2,109 23,250 SH   SOLE 0 0 23,250
APPLE INC COM 037833100 7,866 14,020 SH   SOLE 0 0 14,020
AT&T INC COM 00206R102 2,311 65,732 SH   SOLE 0 0 65,732
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 3,569 288,050 SH   SOLE 0 0 288,050
BANCO SANTANDER SA ADR 05964H105 4,401 485,184 SH   SOLE 0 0 485,184
BANK OF AMERICA CORPORATION COM 060505104 12,287 789,131 SH   SOLE 0 0 789,131
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,827 49,150 SH   SOLE 0 0 49,150
CATERPILLAR INC DEL COM 149123101 6,455 71,080 SH   SOLE 0 0 71,080
CEMEX SAB DE CV SPON ADR NEW 151290889 14,391 1,216,483 SH   SOLE 0 0 1,216,483
CHINA MOBILE LIMITED SPONSORED ADR 16941m109 2,489 47,600 SH   SOLE 0 0 47,600
CITIGROUP INC COM NEW 172967424 1,521 29,189 SH   SOLE 0 0 29,189
COCA COLA CO COM 191216100 480 11,630 SH   SOLE 0 0 11,630
COMPANHIA SIDERURGICA NACION SPONSORED ADR 20440W105 902 145,500 SH   SOLE 0 0 145,500
CRANE CO COM 224399105 847 12,600 SH   SOLE 0 0 12,600
DEERE & CO COM 244199105 3,818 41,800 SH   SOLE 0 0 41,800
DIAGEO P L C SPON ADR NEW 25243Q205 411 3,100 SH   SOLE 0 0 3,100
EMPRESAS ICA S A DE CV SPONS ADR NEW 292448206 634 75,000 SH   SOLE 0 0 75,000
EXXON MOBIL CORP COM 30231g102 3,486 34,450 SH   SOLE 0 0 34,450
FREEPORT-MCMORAN COPPER & GO COM 35671D857 713 18,900 SH   SOLE 0 0 18,900
GENERAL ELECTRIC CO COM 369604103 11,054 394,376 SH   SOLE 0 0 394,376
GERDAU S A SPON ADR REP PFD 373737105 1,395 177,900 SH   SOLE 0 0 177,900
GOOGLE INC CL A 38259P508 1,402 1,251 SH   SOLE 0 0 1,251
HEWLETT PACKARD CO COM 428236103 2,513 89,820 SH   SOLE 0 0 89,820
HONDA MOTOR LTD AMERN SHS 438128308 271 6,550 SH   SOLE 0 0 6,550
INTEL CORP COM 458140100 624 24,057 SH   SOLE 0 0 24,057
INTERNATIONAL BUSINESS MACHS COM 459200101 2,335 12,450 SH   SOLE 0 0 12,450
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 642 61,000 SH   SOLE 0 0 61,000
ISHARES CHINA LG-CAP ETF 464287184 207 5,400 SH   SOLE 0 0 5,400
ISHARES CORE S&P MCP ETF 464287507 1,738 12,989 SH   SOLE 0 0 12,989
ISHARES EAFE SML CP ETF 464288273 1,157 22,700 SH   SOLE 0 0 22,700
ISHARES EAFE VALUE ETF 464288877 1,324 23,154 SH   SOLE 0 0 23,154
ISHARES EUROPE ETF 464287861 711 14,990 SH   SOLE 0 0 14,990
ISHARES MSCI AC ASIA ETF 464288182 282 4,675 SH   SOLE 0 0 4,675
ISHARES MSCI EAFE ETF 464287465 1,841 27,435 SH   SOLE 0 0 27,435
ISHARES MSCI EMG MKT ETF 464287234 820 19,613 SH   SOLE 0 0 19,613
ISHARES MSCI PAC JP ETF 464286665 630 13,475 SH   SOLE 0 0 13,475
ISHARES NA NAT RES 464287374 1,035 23,847 SH   SOLE 0 0 23,847
ISHARES RUS 1000 GRW ETF 464287614 281 3,271 SH   SOLE 0 0 3,271
ISHARES RUS 1000 VAL ETF 464287598 2,927 31,084 SH   SOLE 0 0 31,084
ISHARES RUSSELL 2000 ETF 464287655 1,072 9,290 SH   SOLE 0 0 9,290
ISHARES S&P 100 ETF 464287101 478 5,800 SH   SOLE 0 0 5,800
ISHARES SP SMCP600VL ETF 464287879 1,461 13,132 SH   SOLE 0 0 13,132
JOHNSON & JOHNSON COM 478160104 1,433 15,650 SH   SOLE 0 0 15,650
JPMORGAN CHASE & CO COM 46625H100 1,026 17,552 SH   SOLE 0 0 17,552
MACYS INC COM 55616P104 214 4,000 SH   SOLE 0 0 4,000
MCDONALDS CORP COM 580135101 865 8,911 SH   SOLE 0 0 8,911
MERCK & CO INC NEW COM 58933Y105 2,219 44,328 SH   SOLE 0 0 44,328
MICROSOFT CORP COM 594918104 2,524 67,481 SH   SOLE 0 0 67,481
NOVARTIS A G SPONSORED ADR 66987v109 1,423 17,700 SH   SOLE 0 0 17,700
PEABODY ENERGY CORP COM 704549104 386 19,780 SH   SOLE 0 0 19,780
PEPSICO INC COM 713448108 2,370 28,575 SH   SOLE 0 0 28,575
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654v408 2,550 185,050 SH   SOLE 0 0 185,050
PFIZER INC COM 717081103 400 13,073 SH   SOLE 0 0 13,073
POTASH CORP SASK INC COM 73755l107 239 7,250 SH   SOLE 0 0 7,250
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1,306 50,903 SH   SOLE 0 0 50,903
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1,343 15,270 SH   SOLE 0 0 15,270
PROCTER & GAMBLE CO COM 742718109 2,937 36,082 SH   SOLE 0 0 36,082
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 605 8,050 SH   SOLE 0 0 8,050
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 5,621 78,870 SH   SOLE 0 0 78,870
SANOFI SPONSORED ADR 80105N105 563 10,500 SH   SOLE 0 0 10,500
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 2,032 30,400 SH   SOLE 0 0 30,400
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1,137 51,993 SH   SOLE 0 0 51,993
SONY CORP ADR NEW 835699307 346 20,000 SH   SOLE 0 0 20,000
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 6,384 38,584 SH   SOLE 0 0 38,584
SPDR GOLD TRUST GOLD SHS 78463V107 2,989 25,740 SH   SOLE 0 0 25,740
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 578 17,211 SH   SOLE 0 0 17,211
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 1,809 46,000 SH   SOLE 0 0 46,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 7,067 38,265 SH   SOLE 0 0 38,265
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 653 2,675 SH   SOLE 0 0 2,675
TELEFONICA S A SPONSORED ADR 879382208 6,729 411,836 SH   SOLE 0 0 411,836
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 715 17,850 SH   SOLE 0 0 17,850
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 1,975 16,200 SH   SOLE 0 0 16,200
UNILEVER N V N Y SHS NEW 904784709 2,186 54,330 SH   SOLE 0 0 54,330
VALE S A ADR 91912E105 2,045 134,100 SH   SOLE 0 0 134,100
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1,548 18,714 SH   SOLE 0 0 18,714
VANGUARD INDEX FDS GROWTH ETF 922908736 3,088 33,188 SH   SOLE 0 0 33,188
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,314 15,500 SH   SOLE 0 0 15,500
VANGUARD INDEX FDS REIT ETF 922908553 680 10,539 SH   SOLE 0 0 10,539
VANGUARD INDEX FDS SM CP VAL ETF 922908611 1,405 14,429 SH   SOLE 0 0 14,429
VANGUARD INDEX FDS TOTAL STK MKT 922908769 4,295 44,776 SH   SOLE 0 0 44,776
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 1,825 35,984 SH   SOLE 0 0 35,984
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 3,528 85,747 SH   SOLE 0 0 85,747
VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 283 5,199 SH   SOLE 0 0 5,199
VANGUARD INTL EQUITY INDEX F MEGA CAP GRO ETF 922042866 1,445 23,580 SH   SOLE 0 0 23,580
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857w209 1,620 41,200 SH   SOLE 0 0 41,200
WALGREEN CO COM 931422109 517 9,000 SH   SOLE 0 0 9,000
WAL-MART STORES INC COM 931142103 1,920 24,400 SH   SOLE 0 0 24,400
WASTE MGMT INC DEL COM 94106l109 285 6,350 SH   SOLE 0 0 6,350