Managing Director

0001666179-17-000006.txt : 20170815 0001666179-17-000006.hdr.sgml : 20170815 20170814191507 ACCESSION NUMBER: 0001666179-17-000006 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170815 DATE AS OF CHANGE: 20170814 EFFECTIVENESS DATE: 20170815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Laurel Wealth Advisors, Inc. CENTRAL INDEX KEY: 0001666179 IRS NUMBER: 452299422 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-17401 FILM NUMBER: 171032076 BUSINESS ADDRESS: STREET 1: 8008 GIRARD AVENUE STREET 2: SUITE 330 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: 858-459-1101 MAIL ADDRESS: STREET 1: 8008 GIRARD AVENUE STREET 2: SUITE 330 CITY: LA JOLLA STATE: CA ZIP: 92037 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001666179 XXXXXXXX 06-30-2017 06-30-2017 Laurel Wealth Advisors, Inc.

8008 GIRARD AVENUE SUITE 330 LA JOLLA CA 92037

13F HOLDINGS REPORT 028-17401 N Mark Welsh Managing Director 858-459-1101 Mark Welsh La Jolla CA 08-14-2017 0 330 281358 false INFORMATION TABLE 2 lwa13f2017SECONDQTRTESTa.xml 3M CO COMMON STOCK 88579Y101 5475 26299 SH SOLE 0 26299 0 0 AAON INC COM PAR $0.004 COMMON STOCK 000360206 552 15000 SH SOLE 0 15000 0 0 ABBOTT LABS COMMON STOCK 002824100 596 12265 SH SOLE 0 12265 0 0 ABBVIE INC COMMON STOCK 00287Y109 1125 15522 SH SOLE 0 15522 0 0 AETNA INC NEW COM COMMON STOCK 00817Y108 202 1335 SH SOLE 0 1314 0 21 ALERIAN MLP ETF 00162Q866 217 18156 SH SOLE 0 18156 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS ADR 01609W102 236 1678 SH SOLE 0 1678 0 0 ALLERGAN PLC SHS COMMON STOCK G0177J108 308 1269 SH SOLE 0 1124 0 145 ALPHABET INC CAPT STK CL A STOCK 02079K305 1163 1251 SH SOLE 0 1012 0 239 ALPHABET INC CAP STK CL A CALL 02079K305 92 100 SH SOLE 0 100 0 0 ALPHABET INC CAPT STK CL C COMMON STOCK 02079K107 3566 3925 SH SOLE 0 3878 0 47 ALPS SECTOR DIVIDEND DOGS ETF 00162Q858 3400 79703 SH SOLE 0 79703 0 0 ALTISOURCE PORTFOLIO SOLNS SA REG SHS COMMON STOCK L0175J104 1287 58991 SH SOLE 0 58991 0 0 ALTISOURCE RESIDENTIAL CORP CL B REIT 02153W100 775 59893 SH SOLE 0 59893 0 0 ALTRIA GROUP INC COMMON STOCK 02209S103 2910 39085 SH SOLE 0 39085 0 0 AMAZON COM INC COMMON STOCK 023135106 2215 2289 SH SOLE 0 2274 0 15 AMEREN CORP COM COMMON STOCK 023608102 461 8435 SH SOLE 0 8435 0 0 AMERICAN ELEC PWR INC COMMON STOCK 025537101 1635 23541 SH SOLE 0 23318 0 223 AMERICAN EXPRESS CO COMMON STOCK 025816109 388 4608 SH SOLE 0 4608 0 0 AMERIGAS PARTNERS LP COMMON STOCK 030975106 1669 36967 SH SOLE 0 36967 0 0 AMGEN INC COMMON STOCK 031162100 762 4424 SH SOLE 0 2869 0 1555 ANNALY CAP MGMT INC COMMON STOCK 035710409 198 16472 SH SOLE 0 16472 0 0 AON PLC SHS CL A COMMON STOCK G0408V102 465 3502 SH SOLE 0 3502 0 0 APPLE INC COMMON STOCK 037833100 16300 113178 SH SOLE 0 108941 0 4237 APPLE INC CALL 037833100 144 1000 SH SOLE 0 1000 0 0 APPLE INC COMMON STOCK 037833100 6 43 SH SOLE 0 0 0 43 ARCHER DANIELS MIDLAND CO COMMON STOCK 039483102 256 6210 SH SOLE 0 1621 0 4589 AT&T INC COMMON STOCK 00206R102 3579 94876 SH SOLE 0 94876 0 0 AUTOMATIC DATA PROCESSING COMMON STOCK 053015103 213 2081 SH SOLE 0 2081 0 0 AVISTA CORP COMMON STOCK 05379B107 1627 38323 SH SOLE 0 38323 0 0 AXON ENTERPRISE INC COM COMMON STOCK 05464C101 308 12262 SH SOLE 0 5735 0 6527 BANK AMER CORP 7.25%CNV PFD L 060505682 594 471 SH SOLE 0 471 0 0 BANK AMER CORP COMMON STOCK 060505104 1664 68591 SH SOLE 0 68591 0 0 BANK N S HALIFAX COM COMMON STOCK 064149107 523 8705 SH SOLE 0 8705 0 0 BB&T CORP COM COMMON STOCK 054937107 364 8032 SH SOLE 0 8032 0 0 BCE INC COM NEW COMMON STOCK 05534B760 1815 40304 SH SOLE 0 40304 0 0 BERKSHIRE HATHAWAY INC DEL CL A COMMON STOCK 084670108 254 1 SH SOLE 0 1 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW COMMON STOCK 084670702 1377 8132 SH SOLE 0 8132 0 0 BIOGEN INC COM COMMON STOCK 09062X103 271 1002 SH SOLE 0 1002 0 0 BLACKROCK CALIF MUN INCOME TR SH BEN INT CEF 09248E102 169 11767 SH SOLE 0 11767 0 0 BLACKROCK MUNIHLDNGS CALI QLTY COM CEF 09254L107 156 10818 SH SOLE 0 10818 0 0 BLACKROCK MUNIYIELD CALI QLTY COM CEF 09254N103 425 28370 SH SOLE 0 28370 0 0 BLACKROCK MUNIYIELD QUALITY FD COM CEF 09254F100 166 10831 SH SOLE 0 10831 0 0 BLACKROCK TAX MUNICIPAL BOND TRUST CEF 09248X100 519 22680 SH SOLE 0 22680 0 0 BLACKSTONE GROUP LP COMMON STOCK 09253U108 323 9700 SH SOLE 0 2700 0 7000 BLUEROCK RESIDENTIAL GRW REIT COM CL A REIT 09627J102 134 10400 SH SOLE 0 10400 0 0 BOEING CO COM COMMON STOCK 097023105 84 425 SH SOLE 0 0 0 425 BOEING CO COM COMMON STOCK 097023105 1392 7039 SH SOLE 0 7039 0 0 BP PLC SPONSORED ADR ADR 055622104 523 15098 SH SOLE 0 15098 0 0 BRISTOL MYERS SQUIBB CO COM COMMON STOCK 110122108 351 6314 SH SOLE 0 6314 0 0 BROADCOM LTD SHS COMMON STOCK Y09827109 343 1476 SH SOLE 0 1459 0 17 BROOKFIELD ASSET MGMT INC CL A LTD VT SH REIT 112585104 255 6504 SH SOLE 0 6504 0 0 BROOKFIELD INFRAST PARTNERS LP LP INT UNIT MLP G16252101 1883 46040 SH SOLE 0 46040 0 0 CALAMOS CONV OPP AND INC FD SH BEN INT CEF 128117108 189 16810 SH SOLE 0 16810 0 0 CANADIAN PAC RY LTD COM COMMON STOCK 13645T100 215 1338 SH SOLE 0 1338 0 0 CARNIVAL CORP PAIRED CTF COMMON STOCK 143658300 379 5789 SH SOLE 0 5789 0 0 CARNIVAL PLC ADR ADR 14365C103 304 4600 SH SOLE 0 4600 0 0 CATERPILLAR INC DEL COM COMMON STOCK 149123101 325 3032 SH SOLE 0 3032 0 0 CDN IMPERIAL BK COMM TORONTO O COM COMMON STOCK 136069101 486 6000 SH SOLE 0 6000 0 0 CELGENE CORP COM COMMON STOCK 151020104 279 2156 SH SOLE 0 2128 0 28 CELGENE CORP COM CALL 151020104 25 200 SH SOLE 0 200 0 0 CERNER CORP COM COMMON STOCK 156782104 259 3909 SH SOLE 0 334 0 3575 CHEVRON CORP NEW COM COMMON STOCK 166764100 4592 44016 SH SOLE 0 43306 0 710 CISCO SYS INC COMMON STOCK 17275R102 2934 93768 SH SOLE 0 93768 0 0 CITIGROUP INC COM NEW COMMON STOCK 172967424 1858 27787 SH SOLE 0 22487 0 5300 CLEARBRIDGE ENERGY MLP FD INC COM CEF 184692101 790 51779 SH SOLE 0 51779 0 0 CLEARBRIDGE ENERGY MLP OPP FD COM CEF 18469P100 613 48103 SH SOLE 0 48103 0 0 COCA COLA CO COM COMMON STOCK 191216100 1645 36686 SH SOLE 0 35986 0 700 COMCAST CORP NEW CL A COMMON STOCK 20030N101 487 12524 SH SOLE 0 12224 0 300 CONOCOPHILLIPS COM COMMON STOCK 20825C104 383 8734 SH SOLE 0 4610 0 4124 CONSOLIDATED EDISON INC COM COMMON STOCK 209115104 4306 53290 SH SOLE 0 53290 0 0 CONSTELLATION BRANDS INC CL A COMMON STOCK 21036P108 1920 9911 SH SOLE 0 9911 0 0 CONSUMER STAPLES SELECT SECTOR SPDR FUND ETF 81369Y308 6183 112549 SH SOLE 0 112549 0 0 CORE LABORATORIES N V COM COMMON STOCK N22717107 206 2041 SH SOLE 0 100 0 1941 COSTCO WHSL CORP NEW COM COMMON STOCK 22160K105 426 2668 SH SOLE 0 2668 0 0 COTY INC COM CL A COMMON STOCK 222070203 923 49223 SH SOLE 0 49223 0 0 CSX CORP COM COMMON STOCK 126408103 226 4155 SH SOLE 0 4155 0 0 CVS HEALTH CORP COM COMMON STOCK 126650100 372 4632 SH SOLE 0 4632 0 0 DEERE & CO COM COMMON STOCK 244199105 335 2715 SH SOLE 0 535 0 2180 DELTA AIR LINES INC DEL COM NEW COMMON STOCK 247361702 303 5651 SH SOLE 0 5651 0 0 DEUTSCHE X-TRACKERS MSCI EUROPE HEDGED EQUITY ETF 233051853 226 8283 SH SOLE 0 8283 0 0 DIAGEO PLC ADR 25243Q205 1299 10842 SH SOLE 0 10842 0 0 DIREXION NASDAQ-100 EQUAL WEIGHTED INDEX SHARES ETF 25459Y207 869 21839 SH SOLE 0 21839 0 0 DISNEY WALT CO COM DISNEY COMMON STOCK 254687106 2537 23886 SH SOLE 0 23425 0 461 DISNEY WALT CO COM DISNEY CALL 254687106 21 200 SH SOLE 0 200 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 10 100 SH SOLE 0 100 0 0 DISNEY WALT CO COM DISNEY CALL 254687106 21 200 SH SOLE 0 200 0 0 DOUBLELINE OPPORTUNISTIC CR FD COM CEF 258623107 260 10308 SH SOLE 0 10308 0 0 DOW CHEM CO COM COMMON STOCK 260543103 600 9526 SH SOLE 0 9376 0 150 DREYFUS STRATEGIC MUN BD FD COM CEF 26202F107 366 43030 SH SOLE 0 43030 0 0 DU PONT E I DE NEMOURS & CO COM COMMON STOCK 263534109 740 9171 SH SOLE 0 9171 0 0 DUKE ENERGY CORP NEW COM NEW COMMON STOCK 26441C204 1056 12643 SH SOLE 0 12643 0 0 EATON VANCE TAX ADVT DIV INCM COM CEF 27828G107 467 21369 SH SOLE 0 21369 0 0 EATON VANCE TX MNG BY WRT OPP CVOM CEF 27828Y108 460 30215 SH SOLE 0 30215 0 0 EATON VANCE TXMGD DL BUYWR OPP COM CEF 27829C105 471 41450 SH SOLE 0 41450 0 0 EDISON INTL COM COMMON STOCK 281020107 490 6270 SH SOLE 0 6270 0 0 EMERSON ELEC CO COM COMMON STOCK 291011104 835 14021 SH SOLE 0 14021 0 0 ENERGY TRANSFER EQUITY L P COM UT LTD PTN COMMON STOCK 29273V100 561 31237 SH SOLE 0 31237 0 0 ENERGY TRANSFER PRTNRS L P UNIT LTD PRT INT COMMON STOCK 29278N103 222 10914 SH SOLE 0 10914 0 0 ENTERPRISE PRODS PARTNERS L P COM COMMON STOCK 293792107 577 21334 SH SOLE 0 21334 0 0 EPR PPTYS PFD C CNV 5.75% 26884U208 384 13600 SH SOLE 0 13600 0 0 EXPRESS SCRIPTS HLDG CO COM COMMON STOCK 30219G108 722 11317 SH SOLE 0 11317 0 0 EXXON MOBIL CORPORATION COMMON STOCK 30231G102 3286 40712 SH SOLE 0 40508 0 204 FACEBOOK INC CL A COMMON STOCK 30303M102 2508 16618 SH SOLE 0 16394 0 224 FACEBOOK INC CL A CALL 30303M102 30 200 SH SOLE 0 200 0 0 FIDELITY NATL INFORMATION SVCS COM COMMON STOCK 31620M106 278 3260 SH SOLE 0 3260 0 0 FIFTH THIRD BANCORP COM COMMON STOCK 316773100 301 11605 SH SOLE 0 105 0 11500 FIRST TRUST DOW JONES STOXX EUROPEAN SELECT ETF 33735T109 143 11000 SH SOLE 0 11000 0 0 FIRST TRUST EMERGING MARKETS ALPHADEX FUND ETF 33737J182 219 9392 SH SOLE 0 9392 0 0 FIRST TRUST ENHANCED SHORT MATURITY ETF ETF 33739Q408 683 11385 SH SOLE 0 11385 0 0 FIRST TRUST FINANCIALS ALPHADEX FUND ETF 33734X135 331 11595 SH SOLE 0 11595 0 0 FIRST TRUST LARGE CAP CORE ALPHADEX FUND ETF 33734K109 806 15174 SH SOLE 0 15174 0 0 FIRST TRUST MORNINGSTAR DIVIDEND LEADERS ETF 336917109 273 9709 SH SOLE 0 9709 0 0 FIRST TRUST NASDAQ ABA COMMUNITY BANK INDEX FUND ETF 33736Q104 268 5300 SH SOLE 0 5300 0 0 FIRST TRUST PREFERRED SECURITIES AND INCOME ETF ETF 33739E108 302 15134 SH SOLE 0 15134 0 0 FIRST TRUST SENIOR LOAN FUND ETF 33738D309 309 6402 SH SOLE 0 6402 0 0 FIRST TRUST SMALL CAP CORE ALPHADEX FUND ETF 33734Y109 345 6207 SH SOLE 0 6207 0 0 FIRST TRUST VALUE LINE DIVIDEND INDEX FUND ETF 33734H106 584 19966 SH SOLE 0 19966 0 0 FOMENTO ECONOMICO MEXICANO SAB SPON ADR ADR 344419106 202 2060 SH SOLE 0 2060 0 0 FORD MTR CO DEL COM PAR $0.01 COMMON STOCK 345370860 710 63484 SH SOLE 0 63484 0 0 FRONTIER COMMUNICATIONS CORP COM COMMON STOCK 35906A306 25 21861 SH SOLE 0 21861 0 0 GALECTIN THERAPEUTICS INC COM COMMON STOCK 363225202 39 16000 SH SOLE 0 16000 0 0 GENERAL ELECTRIC CO COM COMMON STOCK 369604103 5671 209978 SH SOLE 0 203329 0 6649 GENERAL MTRS CO COM COMMON STOCK 37045V100 781 22387 SH SOLE 0 22387 0 0 GENERAL MTRS CO COM CALL 37045V100 13 400 SH SOLE 0 400 0 0 GENUINE PARTS CO COM COMMON STOCK 372460105 1122 12099 SH SOLE 0 12099 0 0 GILEAD SCIENCES INC COM COMMON STOCK 375558103 522 7382 SH SOLE 0 4631 0 2751 GILEAD SCIENCES INC COM CALL 375558103 14 200 SH SOLE 0 200 0 0 GILEAD SCIENCES INC COM PUT 375558103 7 100 SH SOLE 0 100 0 0 GILEAD SCIENCES INC COM CALL 375558103 21 300 SH SOLE 0 300 0 0 GILEAD SCIENCES INC COM CALL 375558103 28 400 SH SOLE 0 400 0 0 GLAXOSMITHKLINE PLC SPONSORED ADR ADR 37733W105 1196 27757 SH SOLE 0 27757 0 0 GLOBAL X SUPERDIVIDEND ETF ETF 37950E549 221 10200 SH SOLE 0 10200 0 0 GLOBALSTAR INC COM COMMON STOCK 378973408 22 10700 SH SOLE 0 10700 0 0 GOLDMAN SACHS ACTIVEBETA INTERNATIONAL EQUITY ETF 381430107 206 7449 SH SOLE 0 7449 0 0 GOLDMAN SACHS ACTIVEBETA U.S. ETF 381430503 1507 31338 SH SOLE 0 31338 0 0 GOLDMAN SACHS GROUP INC COM COMMON STOCK 38141G104 276 1247 SH SOLE 0 1247 0 0 GRAN TIERRA ENERGY INC COM COMMON STOCK 38500T101 22 10000 SH SOLE 0 10000 0 0 HANCOCK JOHN TAX-ADV DIC INCM COM CEF 41013V100 276 10812 SH SOLE 0 10812 0 0 HCP INC COM REIT 40414L109 750 23468 SH SOLE 0 23468 0 0 HEALTH CARE SELECT SECTOR SPDR FUND ETF 81369Y209 382 4829 SH SOLE 0 4829 0 0 HOME DEPOT INC COM COMMON STOCK 437076102 1094 7132 SH SOLE 0 7098 0 34 HONEYWELL INTL INC COM COMMON STOCK 438516106 251 1889 SH SOLE 0 1864 0 25 HORMEL FOODS CORP COM COMMON STOCK 440452100 1268 37176 SH SOLE 0 37176 0 0 ILLINOIS TOOL WORKS INC COMMON STOCK 452308109 521 3638 SH SOLE 0 3638 0 0 INTEL CORP COM COMMON STOCK 458140100 729 21610 SH SOLE 0 20410 0 1200 INTL BUSINESS MACHINES COMMON STOCK 459200101 1821 11841 SH SOLE 0 11691 0 150 ISHARES COMEX GOLD TRUST ETF 464285105 398 33400 SH SOLE 0 32071 0 1329 ISHARES CORE S&P 500 ETF ETF 464287200 4074 16737 SH SOLE 0 16737 0 0 ISHARES GLOBAL INFRASTRUCTURE ETF ETF 464288372 320 7300 SH SOLE 0 7300 0 0 ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF 464287242 488 4057 SH SOLE 0 4057 0 0 ISHARES MSCI EAFE ETF ETF 464287465 809 12419 SH SOLE 0 11674 0 745 ISHARES MSCI EAFE VALUE ETF ETF 464288877 420 8140 SH SOLE 0 8140 0 0 ISHARES MSCI EMERGING MARKETS ETF ETF 464287234 248 5999 SH SOLE 0 5999 0 0 ISHARES AMT-FREE MUNI BOND ETF ETF 464288414 1225 11130 SH SOLE 0 11130 0 0 ISHARES RUSSELL 1000 VALUE ETF ETF 464287598 247 2127 SH SOLE 0 1866 0 261 ISHARES RUSSELL 2000 ETF ETF 464287655 1506 10691 SH SOLE 0 10240 0 451 ISHARES RUSSELL 2000 VALUE ETF ETF 464287630 561 4727 SH SOLE 0 4727 0 0 ISHARES S&P 500 GROWTH ETF ETF 464287309 286 2092 SH SOLE 0 2092 0 0 ISHARES S&P 500 VALUE ETF ETF 464287408 637 6071 SH SOLE 0 6071 0 0 ISHARES S&P MID-CAP 400 VALUE ETF ETF 464287705 510 3435 SH SOLE 0 3435 0 0 ISHARES S&P MIDCAP FUND ETF 464287507 1308 7522 SH SOLE 0 7522 0 0 ISHARES SELECT DIVIDEND ETF ETF 464287168 215 2342 SH SOLE 0 2342 0 0 ISHARES U.S. HEALTHCARE ETF ETF 464287762 290 1750 SH SOLE 0 1750 0 0 ISHARES U.S. PREFERRED STOCK ETF ETF 464288687 551 14075 SH SOLE 0 14075 0 0 JOHNSON & JOHNSON COM COMMON STOCK 478160104 6653 50296 SH SOLE 0 50246 0 50 JOHNNSON & JOHNSON COM CALL 478160104 26 200 SH SOLE 0 200 0 0 JOHNSON & JOHNSON COM CALL 478160104 13 100 SH SOLE 0 100 0 0 JPMORGAN CHASE & CO COM COMMON STOCK 46625H100 1984 21715 SH SOLE 0 21715 0 0 JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF ETF 46641Q407 356 5452 SH SOLE 0 5452 0 0 KB HOME COM COMMON STOCK 48666K109 697 29109 SH SOLE 0 29109 0 0 KELLOGG CO COMMON STOCK 487836108 655 9442 SH SOLE 0 9442 0 0 KEYCORP NEW COMMON STOCK 493267108 897 47870 SH SOLE 0 47870 0 0 KIMBERLY CLARK CORP COM COMMON STOCK 494368103 2089 16182 SH SOLE 0 16182 0 0 KINDER MORGAN INC COMMON STOCK 49456B101 696 36371 SH SOLE 0 28178 0 8193 KINGSTONE COS INC COM COMMON STOCK 496719105 1328 86850 SH SOLE 0 86850 0 0 KKR & CO L P DEL COM UNITS COMMON STOCK 48248M102 203 10917 SH SOLE 0 10792 0 125 KLONDEX MNS LTD COM COMMON STOCK 498696103 37 11000 SH SOLE 0 11000 0 0 Kraft Heinz Co COMMON STOCK 500754106 1361 15902 SH SOLE 0 15769 0 133 LASALLE HOTEL PPTYS COM SH BEN INT REIT 517942108 925 31050 SH SOLE 0 31050 0 0 LIBERTY ALL STAR EQUITY FD SH BEN INT CEF 530158104 108 19244 SH SOLE 0 19244 0 0 LIBERTY ALL-STAR GROWTH FD INC COM CEF 529900102 113 23165 SH SOLE 0 23165 0 0 LILLY ELI & CO COM COMMON STOCK 532457108 391 4754 SH SOLE 0 4709 0 45 LILLY ELI & CO COM CALL 532457108 16 200 SH SOLE 0 200 0 0 LOCKHEED MARTIN CORP COMMON STOCK 539830109 467 1684 SH SOLE 0 1684 0 0 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP MLP 559080106 1597 22414 SH SOLE 0 22414 0 0 MAGNA INTL INC COM COMMON STOCK 559222401 248 5361 SH SOLE 0 5361 0 0 MANULIFE FINL CORP COM COMMON STOCK 56501R106 281 15000 SH SOLE 0 15000 0 0 MCDONALD'S CORP COMMON STOCK 580135101 2308 15073 SH SOLE 0 15073 0 0 MERCK & CO INC COMMON STOCK 58933Y105 1547 24148 SH SOLE 0 20590 0 3558 MERCK & CO INC COMMON STOCK 58933Y105 19 300 SH SOLE 0 300 0 0 MGM RESORTS INTERNATIONAL COM COMMON STOCK 552953101 236 7572 SH SOLE 0 7572 0 0 MICROSOFT CORP COMMON STOCK 594918104 5096 73943 SH SOLE 0 73943 0 0 MICROSOFT CORP CALL 594918104 34 500 SH SOLE 0 500 0 0 MITSUBISHI UFJ FINL GROUP INC SPONSORED ADR ADR 606822104 152 22658 SH SOLE 0 22658 0 0 MONDELEZ INTL INC CL A COMMON STOCK 609207105 607 14076 SH SOLE 0 13605 0 471 MONMOUTH REAL ESTATE INVT CORP CL A REIT 609720107 1408 93558 SH SOLE 0 93558 0 0 MONSANTO CO NEW COM COMMON STOCK 61166W101 439 3713 SH SOLE 0 3713 0 0 MOSAIC CO NEW COM COMMON STOCK 61945C103 236 10357 SH SOLE 0 4202 0 6155 NATIONAL GRID PLC SPON ADR NEW ADR 636274409 350 5578 SH SOLE 0 5578 0 0 NAVIGATOR HOLDINGS LTD SHS COMMON STOCK Y62132108 96 11607 SH SOLE 0 200 0 11407 NETFLIX INC COM COMMON STOCK 64110L106 515 3452 SH SOLE 0 3452 0 0 NEXTERA ENERGY INC COM COMMON STOCK 65339F101 288 2058 SH SOLE 0 1651 0 407 NOVARTIS AG ADR ADR 66987V109 1548 18553 SH SOLE 0 18553 0 0 NU SKIN ENTERPRISES INC CL A COMMON STOCK 67018T105 314 5000 SH SOLE 0 5000 0 0 NUVECTRA CORP COM COMMON STOCK 67075N108 958 72165 SH SOLE 0 72165 0 0 NUVEEN AMT FREE QLTY MUN INCME COM CEF 670657105 214 15698 SH SOLE 0 15698 0 0 NUVEEN CA QUALTY MUN INCOME FD COM CEF 67066Y105 443 29485 SH SOLE 0 29485 0 0 NUVEEN CALIF MUN VALUE FD COM CEF 67062C107 273 26643 SH SOLE 0 26643 0 0 NUVEEN S&P 500 BUY-WRITE INC COM CEF 6706ER101 221 16000 SH SOLE 0 16000 0 0 NVIDIA CORP COM COMMON STOCK 67066G104 286 1984 SH SOLE 0 1984 0 0 NVIDIA CORP COM CALL 67066G104 14 100 SH SOLE 0 100 0 0 OCCIDENTAL PETE CORP DEL COM COMMON STOCK 674599105 260 4346 SH SOLE 0 4346 0 0 OPPENHEIMER ULTRA DIVIDEND REVENUE ETF ETF 68386C401 739 21835 SH SOLE 0 21835 0 0 ORACLE CORP COM COMMON STOCK 68389X105 207 4129 SH SOLE 0 4129 0 0 PARKER DRILLING CO COM COMMON STOCK 701081101 13 10000 SH SOLE 0 10000 0 0 PAYCHEX INC COMMON STOCK 704326107 365 6416 SH SOLE 0 6416 0 0 PEPSICO INC COM COMMON STOCK 713448108 2337 20237 SH SOLE 0 20237 0 0 PFIZER INC COM COMMON STOCK 717081103 1947 57974 SH SOLE 0 52581 0 5393 PG&E CORP COM COMMON STOCK 69331C108 217 3275 SH SOLE 0 3275 0 0 PHILIP MORRIS INTL INC COMMON STOCK 718172109 2060 17539 SH SOLE 0 17492 0 47 PHILLIPS 66 COMMON STOCK 718546104 1575 19058 SH SOLE 0 17480 0 1578 PINNACLE WEST CAP CORP COM COMMON STOCK 723484101 482 5661 SH SOLE 0 5661 0 0 POTLATCH CORP NEW COM REIT 737630103 969 21219 SH SOLE 0 21219 0 0 POWERSHARES FTSE RAFI US 1000 PORTFOLIO ETF 73935X583 357 3456 SH SOLE 0 3456 0 0 POWERSHARES QQQ ETF ETF 73935A104 1855 13482 SH SOLE 0 13482 0 0 POWERSHARES S&P 500 HIGH DIVIDEND LOW VOLATILITY PORTFOLIO ETF 73937B654 528 13125 SH SOLE 0 13125 0 0 POWERSHARES S&P 500 LOW VOLATILITY PORTFOLIO ETF 73937B779 371 8305 SH SOLE 0 8305 0 0 POWERSHARES BUILD AMERICA BOND PORTFOLIO ETF 73937B407 278 9283 SH SOLE 0 9283 0 0 PPL CORP COM COMMON STOCK 69351T106 882 22820 SH SOLE 0 22820 0 0 PRAXAIR INC COMMON STOCK 74005P104 450 3398 SH SOLE 0 3398 0 0 PROCTER & GAMBLE CO COM COMMON STOCK 742718109 5046 57910 SH SOLE 0 57810 0 100 PUBLIC STORAGE COM REIT 74460D109 596 2860 SH SOLE 0 2860 0 0 PUBLIC SVC ENTERPRISE GROUP COM COMMON STOCK 744573106 273 6364 SH SOLE 0 6364 0 0 QUALCOMM INC COM COMMON STOCK 747525103 18 326 SH SOLE 0 0 0 326 QUALCOMM INC COMMON STOCK 747525103 1519 27514 SH SOLE 0 27514 0 0 QUALCOMM INC COM CALL 747525103 552 10000 SH SOLE 0 0 0 0 QUALCOMM INC COM CALL 747525103 552 10000 SH SOLE 0 0 0 0 QUALCOMM INC COM CALL 747525103 552 10000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 220 4000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 220 4000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 220 4000 SH SOLE 0 0 0 0 QUALCOMM INC COM PUT 747525103 165 3000 SH SOLE 0 0 0 0 REALTY INCOME CORP COM REIT 756109104 1984 35958 SH SOLE 0 35958 0 0 ROYAL CARIBBEAN CRUISES LTD COM COMMON STOCK V7780T103 1086 9945 SH SOLE 0 9945 0 0 ROYAL DUTCH SHELL PLC SPON ADR B ADR 780259107 505 9295 SH SOLE 0 9295 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A ADR 780259206 200 3765 SH SOLE 0 3765 0 0 SCHLUMBERGER LTD COM COMMON STOCK 806857108 511 7769 SH SOLE 0 2899 0 4870 SCHWAB CHARLES CORP NEW COM COMMON STOCK 808513105 339 7907 SH SOLE 0 2529 0 5378 SCHWAB INTERNATIONAL EQUITY ETF ETF 808524805 301 9489 SH SOLE 0 9489 0 0 SCHWAB U.S. BROAD MARKET ETF ETF 808524102 290 4971 SH SOLE 0 4971 0 0 SCHWAB U.S. LARGE-CAP ETF ETF 808524201 493 8548 SH SOLE 0 8548 0 0 SCHWAB U.S. LARGE-CAP GROWTH ETF ETF 808524300 286 4526 SH SOLE 0 4526 0 0 SCHWAB U.S. LARGE-CAP VALUE ETF ETF 808524409 268 5340 SH SOLE 0 5340 0 0 SCHWAB US AGGREGATE BOND ETF ETF 808524839 215 4122 SH SOLE 0 4122 0 0 SEMPRA ENERGY COM COMMON STOCK 816851109 1592 14125 SH SOLE 0 14125 0 0 SOCIEDAD QUIMICA MINERA DE CH SPON ADR SER B ADR 833635105 225 6824 SH SOLE 0 6824 0 0 SOPHIRIS BIO INC COM NEW COMMON STOCK 83578Q209 22 10000 SH SOLE 0 10000 0 0 SOTHERLY HOTELS INC COM REIT 83600C103 920 135800 SH SOLE 0 135800 0 0 SOUTHERN CO COM COMMON STOCK 842587107 1440 30093 SH SOLE 0 30093 0 0 SPDR GOLD SHARES ETF 78463V107 268 2272 SH SOLE 0 2072 0 200 SPDR MFS SYSTEMATIC GROWTH EQUITY ETF ETF 78467V889 774 10865 SH SOLE 0 10865 0 0 SPDR S&P 500 ETF ETF 78462F103 1604 6636 SH SOLE 0 6328 0 308 SPDR S&P 500 VALUE ETF ETF 78464A508 248 2188 SH SOLE 0 2188 0 0 SPDR S&P BIOTECH ETF ETF 78464A870 1198 15525 SH SOLE 0 15525 0 0 SPDR S&P DIVIDEND ETF ETF 78464A763 1424 16022 SH SOLE 0 16022 0 0 SPECTRA ENERGY PARTNERS LP COM MLP 84756N109 1241 28943 SH SOLE 0 28943 0 0 STARBUCKS CORP COM COMMON STOCK 855244109 850 14582 SH SOLE 0 14582 0 0 STATOIL ASA SPONSORED ADR ADR 85771P102 279 16885 SH SOLE 0 16885 0 0 SUNCOR ENERGY INC NEW COM COMMON STOCK 867224107 203 6966 SH SOLE 0 936 0 6030 SYSCO CORP COM COMMON STOCK 871829107 520 10334 SH SOLE 0 10334 0 0 TARGET CORP COM COMMON STOCK 87612E106 308 5893 SH SOLE 0 5893 0 0 TC PIPELINES LP UT COM LTD PRT MLP 87233Q108 731 13307 SH SOLE 0 13307 0 0 TEKLA HEALTHCARE INVS SH BEN INT CEF 87911J103 240 9581 SH SOLE 0 9581 0 0 TELEFONICA S A SPONSORED ADR ADR 879382208 118 11439 SH SOLE 0 11439 0 0 TESLA INC COM COMMON STOCK 88160R101 384 1062 SH SOLE 0 1062 0 0 TEVA PHARMACEUTICAL INDS LTD ADR ADR 881624209 481 14490 SH SOLE 0 14490 0 0 TEXAS INSTRS INC COM COMMON STOCK 882508104 268 3496 SH SOLE 0 3496 0 0 THOMSON REUTERS CORP COM COMMON STOCK 884903105 231 5000 SH SOLE 0 5000 0 0 TORONTO DOMINION BK ONT COM NEW COMMON STOCK 891160509 513 10200 SH SOLE 0 10220 0 0 TOWN SPORTS INTL HLDGS INC COM COMMON STOCK 89214A102 89 19000 SH SOLE 0 19000 0 0 TRANSCANADA CORP COM COMMON STOCK 89353D107 345 7250 SH SOLE 0 7250 0 0 TRAVELERS COMPANIES INC COM COMMON STOCK 89417E109 267 2116 SH SOLE 0 2116 0 0 UNITED PARCEL SERVICE INC CL B COMMON STOCK 911312106 2130 19269 SH SOLE 0 19269 0 0 UNITED TECHNOLOGIES CORP COM. COMMON STOCK 913017109 725 5943 SH SOLE 0 5897 0 46 UNITEDHEALTH GROUP INC COM COMMON STOCK 91324P102 485 2620 SH SOLE 0 2587 0 33 US BANCORP DEL COM NEW COMMON STOCK 902973304 501 9653 SH SOLE 0 9585 0 68 UTILITIES SELECT SECTOR SPDR ETF ETF 81369Y886 1221 23504 SH SOLE 0 23504 0 0 V F CORP COM COMMON STOCK 918204108 259 4503 SH SOLE 0 4503 0 0 VALIDUS HOLDINGS LTD COM SHS COMMON STOCK G9319H102 479 9230 SH SOLE 0 9230 0 0 VANECK VECTORS HIGH-YIELD MUNICIPAL INDEX ETF ETF 92189F361 512 16575 SH SOLE 0 16575 0 0 VANECK VECTORS INVESTMENT GRADE FLOATING ETF 92189F486 586 23232 SH SOLE 0 23232 0 0 VANECK VECTORS MORNINGSTAR WIDE MOAT ETF ETF 92189F643 274 6950 SH SOLE 0 6950 0 0 VANGUARD CONSUMER STAPLES FUND ETF 92204A207 445 3159 SH SOLE 0 3159 0 0 VANGUARD DIVIDEND APPRECIATION INDEX FUND ETF 921908844 418 4512 SH SOLE 0 4475 0 37 VANGUARD EXTENDED MARKET INDEX FUND ETF 922908652 287 2813 SH SOLE 0 2813 0 0 VANGUARD FTSE ALL-WORLD EX US INDEX FUND ETF 922042775 496 9928 SH SOLE 0 9928 0 0 VANGUARD FTSE DEVELOPED MARKETS ETF ETF 921943858 484 11723 SH SOLE 0 11723 0 0 VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 10 257 SH SOLE 0 0 0 257 VANGUARD FTSE EMERGING MARKETS ETF ETF 922042858 288 7066 SH SOLE 0 6488 0 578 VANGUARD HIGH DIVIDEND YIELD INDEX FUND ETF 921946406 1220 15616 SH SOLE 0 15616 0 0 VANGUARD INFORMATION TECHNOLOGY INDEX FUND ETF 92204A702 379 2691 SH SOLE 0 2691 0 0 VANGUARD MID-CAP INDEX FUND ETF 922908629 252 1774 SH SOLE 0 1728 0 46 VANGUARD REIT ETF ETF 922908553 948 11398 SH SOLE 0 11059 0 339 VANGUARD S&P 500 ETF ETF 922908363 2327 10482 SH SOLE 0 10482 0 0 VANGUARD SHORT-TERM BOND INDEX FUND ETF 921937827 211 2645 SH SOLE 0 2645 0 0 VANGUARD SMALL-CAP INDEX FUND ETF 922908751 562 4148 SH SOLE 0 4148 0 0 VANGUARD TOTAL BOND MARKET ETF ETF 921937835 1307 15972 SH SOLE 0 15972 0 0 VANGUARD TOTAL INTERNATIONAL BOND ETF ETF 92203J407 242 4458 SH SOLE 0 4458 0 0 VANGUARD TOTAL STOCK MARKET INDEX FUND ETF 922908769 4417 35498 SH SOLE 0 35498 0 0 VANGUARD TOTAL STOCK MARKET INDEX FUND MUTUAL FUND 922908306 205 3397 SH SOLE 0 3397 0 0 VANGUARD VALUE ETF ETF 922908744 328 3398 SH SOLE 0 3258 0 140 VECTRUS INC COM COMMON STOCK 92242T101 627 19419 SH SOLE 0 19419 0 0 VENTAS INC COM REIT 92276F100 509 7338 SH SOLE 0 7338 0 0 VERIZON COMMUNICATIONS COMMON STOCK 92343V104 3875 86776 SH SOLE 0 86776 0 0 VIRNETX HLDG CORP COM COMMON STOCK 92823T108 251 55200 SH SOLE 0 55200 0 0 VISA INC COM CL A COMMON STOCK 92826C839 520 5553 SH SOLE 0 5521 0 32 VMWARE INC CL A COM COMMON STOCK 928563402 421 4574 SH SOLE 0 4574 0 0 WP CAREY INC COM REIT 92936U109 343 5203 SH SOLE 0 5203 0 0 WAL-MART STORES INC COM COMMON STOCK 931142103 776 10258 SH SOLE 0 10258 0 0 WEATHERFORD INTL PLC ORD SHS COMMON STOCK 931142103 776 10258 SH SOLE 0 10258 0 0 WEC ENERGY GROUP INC COM COMMON STOCK 92939U106 458 7465 SH SOLE 0 7465 0 0 WELLS FARGO & CO NEW COM COMMON STOCK 949746101 2215 39986 SH SOLE 0 39986 0 0 WELLS FARGO & CO NEW COM CALL 949746101 27 500 SH SOLE 0 500 0 0 WELLTOWER INC COM REIT 95040Q104 1446 19325 SH SOLE 0 19325 0 0 WESTAR ENERGY INC COM COMMON STOCK 95709T100 269 5075 SH SOLE 0 5075 0 0 WESTROCK CO COM COMMON STOCK 96145D105 694 12250 SH SOLE 0 12250 0 0 WEYERHAEUSER CO COM REIT 962166104 1319 39387 SH SOLE 0 39387 0 0 WISDOMTREE EUROPE HEDGED EQUITY FUND ETF 97717X701 2141 34361 SH SOLE 0 34361 0 0 ZEDGE INC CL B COMMON STOCK 98923T104 536 242610 SH SOLE 0 242610 0 0