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
ALPS ETF TR ALERIAN MLP ETF 00162Q866 458 25,929 SH   SOLE NONE 25,929 0 0
AMERICAN EXPRESS CO CS 025816109 218 2,425 SH   SOLE NONE 2,425 0 0
AMGEN INC CS 031162100 2,005 16,255 SH   SOLE NONE 16,255 0 0
APPLE COMPUTER INC CS 037833100 11,236 20,934 SH   SOLE NONE 20,934 0 0
ARRIS GROUP INC NEW CS 04270V106 869 30,825 SH   SOLE NONE 30,825 0 0
ASML HOLDING N V N Y REGISTRY ADR N07059210 1,410 15,100 SH   SOLE NONE 15,100 0 0
AT&T INC CS 00206R102 1,620 46,193 SH   SOLE NONE 46,193 0 0
BANK OF AMERICA CORPORATION CS 060505104 13,416 779,986 SH   SOLE NONE 779,986 0 0
BANK OF AMERICA CORPORATION WT WT 060505146 1,485 180,675 SH   SOLE NONE 180,675 0 0
BE AEROSPACE INC CS 073302101 4,878 56,210 SH   SOLE NONE 56,210 0 0
BERKSHIRE HATHAWAY INC DEL CL CS 084670702 512 4,100 SH   SOLE NONE 4,100 0 0
BOEING CO CS 097023105 5,440 43,353 SH   SOLE NONE 43,353 0 0
BRISTOL MYERS SQUIBB CO CS 110122108 3,057 58,849 SH   SOLE NONE 58,849 0 0
CABLEVISION SYS CORP CS 12686C109 1,269 75,206 SH   SOLE NONE 75,206 0 0
CARBO CERAMICS INC CS 140781105 3,615 26,200 SH   SOLE NONE 26,200 0 0
CELGENE CORP CS 151020104 15,150 108,524 SH   SOLE NONE 108,524 0 0
CHART INDS INC CS 16115Q308 7,756 97,625 SH   SOLE NONE 97,625 0 0
CHIMERIX INC CS 16934W106 1,454 63,675 SH   SOLE NONE 63,675 0 0
CONOCOPHILLIPS CS 20825C104 2,911 41,373 SH   SOLE NONE 41,373 0 0
CORE LABORATORIES N V CS N22717107 5,915 29,805 SH   SOLE NONE 29,805 0 0
DIGITALGLOBE INC CS 25389M877 3,040 104,806 SH   SOLE NONE 104,806 0 0
DISCOVERY COMMUNICATNS NEW CS 25470F104 1,872 22,635 SH   SOLE NONE 22,635 0 0
DU PONT E I DE NEMOURS AND CO CS 263534109 3,142 46,828 SH   SOLE NONE 46,828 0 0
DUKE ENERGY CORP NEW COM NEW CS 26441C204 2,547 35,769 SH   SOLE NONE 35,769 0 0
EBAY INC CS 278642103 394 7,125 SH   SOLE NONE 7,125 0 0
ENERGY TRANSFER EQUITY L P CS 29273V100 580 12,400 SH   SOLE NONE 12,400 0 0
EXXON MOBIL CORP CS 30231G102 1,793 18,352 SH   SOLE NONE 18,352 0 0
F M C CORP CS 302491303 2,680 35,009 SH   SOLE NONE 35,009 0 0
FEDERATED INVS INC PA CS 314211103 2,401 78,603 SH   SOLE NONE 78,603 0 0
FEDEX CORP CS 31428X106 265 2,000 SH   SOLE NONE 2,000 0 0
FORD MTR CO DEL CS 345370860 15,414 988,092 SH   SOLE NONE 988,092 0 0
FURIEX PHARMACEUTICALS INC CS 36106P101 1,707 19,625 SH   SOLE NONE 19,625 0 0
GENERAL MLS INC CS 370334104 2,629 50,736 SH   SOLE NONE 50,736 0 0
GENESEE AND WYO INC CS 371559105 994 10,215 SH   SOLE NONE 10,215 0 0
GILEAD SCIENCES INC CS 375558103 12,161 171,623 SH   SOLE NONE 171,623 0 0
GLOBAL X FDS GLB X SUPERDIV ETF 37950E549 233 9,485 SH   SOLE NONE 9,485 0 0
GOOGLE INC - CLASS A CS 38259P508 5,734 5,145 SH   SOLE NONE 5,145 0 0
IDEXX LABS INC CS 45168D104 8,044 66,260 SH   SOLE NONE 66,260 0 0
ILLUMINA INC CS 452327109 10,573 71,120 SH   SOLE NONE 71,120 0 0
INTEL CORP CS 458140100 1,462 56,622 SH   SOLE NONE 56,622 0 0
INTERCEPT PHARMACEUTICALS IN CS 45845P108 726 2,200 SH   SOLE NONE 2,200 0 0
INTUITIVE SURGICAL INC CS 46120E602 13,569 30,980 SH   SOLE NONE 30,980 0 0
ISHARES INC MSCI GERMAN ETF 464286806 1,539 49,085 SH   SOLE NONE 49,085 0 0
ISHARES INC MSCI SPAIN ETF 464286764 1,326 32,509 SH   SOLE NONE 32,509 0 0
ISHARES INC MSCI SWEDEN ETF 464286756 1,520 41,520 SH   SOLE NONE 41,520 0 0
ISHARES INC MSCI SWITZERLD ETF 464286749 1,500 43,685 SH   SOLE NONE 43,685 0 0
ISHARES TR 1-3 YR TRS BD ETF 464287457 288 3,405 SH   SOLE NONE 3,405 0 0
ISHARES TR DJ US TOTL MKT ETF 464287846 1,557 16,420 SH   SOLE NONE 16,420 0 0
ISHARES TR GS CORP BD FD ETF 464287242 675 5,768 SH   SOLE NONE 5,768 0 0
ISHARES TR HGH DIV EQT FD ETF 46429B663 327 4,580 SH   SOLE NONE 4,580 0 0
ISHARES TR HIGH YLD CORP ETF 464288513 672 7,116 SH   SOLE NONE 7,116 0 0
ISHARES TR LEHMAN INTER C ETF 464288638 560 5,135 SH   SOLE NONE 5,135 0 0
ISHARES TR SANDP CITINT TBD ETF 464288117 623 6,049 SH   SOLE NONE 6,049 0 0
J P MORGAN CHASE AND CO CS 46625H100 7,875 129,717 SH   SOLE NONE 129,717 0 0
JOHNSON AND JOHNSON CS 478160104 325 3,310 SH   SOLE NONE 3,310 0 0
JPMORGAN CHASE AND CO WT 46634E114 19,291 955,008 SH   SOLE NONE 955,008 0 0
KINDER MORGAN INC DEL CS 49456B101 1,835 56,465 SH   SOLE NONE 56,465 0 0
LOCKHEED MARTIN CORP CS 539830109 2,756 16,880 SH   SOLE NONE 16,880 0 0
MACQUARIE INFRASTR CO LLC CS 55608B105 2,293 40,031 SH   SOLE NONE 40,031 0 0
MASTERCARD INC CS 57636Q104 18,169 243,225 SH   SOLE NONE 243,225 0 0
MCDONALDS CORP CS 580135101 2,269 23,150 SH   SOLE NONE 23,150 0 0
MERCK & CO INC NEW CS 58933Y105 636 11,200 SH   SOLE NONE 11,200 0 0
MOLYCORP INC DEL CS 608753109 185 39,500 SH   SOLE NONE 39,500 0 0
NBT BANCORP INC CS 628778102 253 10,355 SH   SOLE NONE 10,355 0 0
PACIRA PHARMACEUTICALS INC CS 695127100 18,886 269,836 SH   SOLE NONE 269,836 0 0
PEPSICO INC CS 713448108 255 3,050 SH   SOLE NONE 3,050 0 0
PHILIP MORRIS INTL INC CS 718172109 2,456 29,999 SH   SOLE NONE 29,999 0 0
POWERSHARES ETF TRUST DYNA BUY ETF 73935X286 346 7,945 SH   SOLE NONE 7,945 0 0
POWERSHARES ETF TRUST II DWA D ETF 73936Q108 1,679 62,336 SH   SOLE NONE 62,336 0 0
POWERSHARES ETF TRUST II DWA E ETF 73936Q207 1,419 80,154 SH   SOLE NONE 80,154 0 0
PROCTER AND GAMBLE CO CS 742718109 358 4,445 SH   SOLE NONE 4,445 0 0
QUALCOMM INC CS 747525103 4,282 54,300 SH   SOLE NONE 54,300 0 0
REGADO BIOSCIENCES INC CS 75874Q107 1,800 143,775 SH   SOLE NONE 143,775 0 0
SANOFI CONTGNT VAL RT RT 80105N113 5 17,300 SH   SOLE NONE 17,300 0 0
SEADRILL LIMITED CS G7945E105 1,597 45,422 SH   SOLE NONE 45,422 0 0
SOUTHERN CO CS 842587107 2,225 50,642 SH   SOLE NONE 50,642 0 0
SUNOCO LOGISTICS PRTNRS L P CS 86764L108 380 4,183 SH   SOLE NONE 4,183 0 0
SUSSEX BANCORP CS 869245100 191 21,953 SH   SOLE NONE 21,953 0 0
TESLA MTRS INC CS 88160R101 521 2,500 SH   SOLE NONE 2,500 0 0
TIME WARNER CABLE INC CS 88732J207 1,837 13,391 SH   SOLE NONE 13,391 0 0
TIME WARNER CABLE INC OP 88732J207 19 10,000 SH   SOLE NONE 10,000 0 0
TORONTO DOMINION BK ONT CS 891160509 2,506 53,367 SH   SOLE NONE 53,367 0 0
UNITED RENTALS INC CS 911363109 9,744 102,637 SH   SOLE NONE 102,637 0 0
US BANCORP DEL CS 902973304 214 5,000 SH   SOLE NONE 5,000 0 0
V F CORP CS 918204108 2,837 45,843 SH   SOLE NONE 45,843 0 0
VERIZON COMMUNICATIONS CS 92343V104 2,018 42,419 SH   SOLE NONE 42,419 0 0
WELLS FARGO AND CO NEW CS 949746101 332 6,675 SH   SOLE NONE 6,675 0 0
WELLS FARGO AND CO NEW WT EXP PFD 949746119 1,037 55,650 SH   SOLE NONE 55,650 0 0
WESTERN GAS PARTNERS LP CS 958254104 298 4,500 SH   SOLE NONE 4,500 0 0
WILLIAMS PARTNERS L P CS 96950F104 355 6,973 SH   SOLE NONE 6,973 0 0
WISDOMTREE TRUST DIVID TOP 100 ETF 97717W406 339 4,830 SH   SOLE NONE 4,830 0 0
WISDOMTREE TRUST HG-YIELDING E ETF 97717W208 339 5,990 SH   SOLE NONE 5,990 0 0
WISDOMTREE TRUST MIDCAP DIVI F ETF 97717W505 354 4,590 SH   SOLE NONE 4,590 0 0