Financial Management Professionals

Financial Management Professionals as of March 31, 2013

Portfolio Holdings for Financial Management Professionals

Financial Management Professionals holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                COLUMN 1                 COLUMN 2 COLUMN 3   COLUMN 4         COLUMN 5        COLUMN 6  COLUMN 7      COLUMN 8
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                                                                                                                  VOTING AUTHORITY
                                         TITLE OF              VALUE      SHRS OR   SH/ PUT/ INVESTMENT  OTHER   -------------------
             NAME OF ISSUER               CLASS     CUSIP    (x$1000)     PRN AMT   PRN CALL DISCRETION MANAGERS SOLE SHARED  NONE
---------------------------------------- -------- --------- ----------- ----------- --- ---- ---------- -------- ---- ------ -------
{S}                                      {C}      {C}       {C}         {C}         {C} {C}  {C}        {C}      {C}  {C}    {C}
1/100 BERKSHIRE HTWY CLA                 COM      84990175          313         200 SH       SOLE                                200
1ST FINANCIAL BANKSHARES                 COM      32020R109          68       1,392 SH       SOLE                              1,392
3 D SYSTEMS CORP                         COM      88554D205          10         300 SH       SOLE                                300
3M COMPANY                               COM      88579Y101           9          80 SH       SOLE                                 80
A M R CORPORATION                        COM      1765106            62      15,000 SH       SOLE                             15,000
A T & T INC NEW                          COM      00206R102         119       3,249 SH       SOLE                              3,249
AEGON NV ORD REG AMER F                  ADR      7924103             8       1,351 SH       SOLE                              1,351
AGILENT TECHNOLOGIES INC                 COM      00846U101           0          07 SH       SOLE                                  7
ALAMO TEX CMNTY COL 4%16                 BMU      011415HU3          19      17,000 SH       SOLE                             17,000
ALCATEL LUCENT ADR F                     ADR      13904305            3       2,000 SH       SOLE                              2,000
ALCOA INC                                COM      13817101            0          20 SH       SOLE                                 20
ALLIANT ENERGY CORP                      COM      18802108           12         248 SH       SOLE                                248
ALLSTATE CORPORATION                     COM      20002101           59       1,200 SH       SOLE                              1,200
ALLY BK 1.5%13                           CDO      02004MN74          87      87,000 SH       SOLE                             87,000
ALPINE TOTAL DYNAMIC FD                  CEM      21060108            6       1,500 SH       SOLE                              1,500
ALPS TRUST ETF                           UIE      00162Q866          27       1,504 SH       SOLE                              1,504
ALTRIA GROUP INC                         COM      02209S103         117       3,390 SH       SOLE                              3,390
AMAZON COM INC                           COM      23135106            5          18 SH       SOLE                                 18
AMERICAN CAPITAL AGENCY                  RET      02503X105           0          05 SH       SOLE                                  5
AMERN FINANCIAL GP NEW                   COM      25932104           14         287 SH       SOLE                                287
AMGEN INCORPORATED                       COM      31162100           19         187 SH       SOLE                                187
AMKOR TECHNOLOGY INC                     COM      31652100            0          30 SH       SOLE                                 30
AOL INC                                  COM      00184X105           0          04 SH       SOLE                                  4
APPLE INC                                COM      37833100          322         727 SH       SOLE                                727
APPLIED MATERIALS INC                    COM      38222105            1          96 SH       SOLE                                 96
ARMOUR RESIDENTIAL REIT                  RET      42315101           31       4,805 SH       SOLE                              4,805
AXIALL CORP                              COM      05463D100           7         116 SH       SOLE                                116
AZ GOLD & ONYX MINING CO                 COM      04051K105           0          01 SH       SOLE                                  1
BAKER HUGHES INC                         COM      57224107           17         375 SH       SOLE                                375
BANK OF AMERICA CORP                     COM      60505104           35       2,854 SH       SOLE                              2,854
BARCLAYS BANK IPATH ETN                  UIE      06739H412          21         432 SH       SOLE                                432
BARCLAYS BANK IPATH ETN                  UIE      06739G851          16         262 SH       SOLE                                262
BAYTEX ENERGY CORP F                     FGO      07317Q105           1          20 SH       SOLE                                 20
BEACON POWER CORP NEW                    COM      73677205            0          13 SH       SOLE                                 13
BECKMAN COULTER 2.5%36                   BCO      075811AD1           4       3,000 SH       SOLE                              3,000
BERKSHIRE HATHAWAY B NEW                 COM      84670702          109       1,050 SH       SOLE                              1,050
BEST BUY INC                             COM      86516101            1          62 SH       SOLE                                 62
BJ S RESTAURANTS INC                     COM      09180C106           5         143 SH       SOLE                                143
BMW NORTH AMER 3.35%13                   CDS      05568PQJ9          78      78,000 SH       SOLE                             78,000
BP PLC ADR F                             ADR      55622104           18         428 SH       SOLE                                428
BRISTOL-MYERS SQUIBB CO                  COM      110122108           6         150 SH       SOLE                                150
BROCADE COMMUNS SYS NEW                  COM      111621306           0          05 SH       SOLE                                  5
BURNSVILLE MINN HOS 0XXX                 BMU      122466AR6          10      10,000 SH       SOLE                             10,000
C N B FINANCIAL CORP PA                  COM      126128107           0          00 SH       SOLE                                  0
C S X CORP                               COM      126408103          27       1,080 SH       SOLE                              1,080
CACI INTL 2.125%14                       BCO      127190AD8           2       2,000 SH       SOLE                              2,000
CALCASIEU PARISH 3.6%15                  BMU      128616BG3          51      50,000 SH       SOLE                             50,000
CALCASIEU-CAMERON 4%18                   BMU      128271AV5         113     100,000 SH       SOLE                            100,000
CALPINE CORP NEW                         COM      131347304          41       2,000 SH       SOLE                              2,000
CAPITAL ONE USA 5.0%13                   CDO      140420KZ2         120     117,000 SH       SOLE                            117,000
CAPMARK BANK N A 3.5%14                  CDS      140653G67          63      61,000 SH       SOLE                             61,000
CAPSTEAD MTG CONV B PFD                  CPR      14067E308          23       1,500 SH       SOLE                              1,500
CATERPILLAR INC                          COM      149123101           9         100 SH       SOLE                                100
CENTERPOINT ENERGY INC                   COM      15189T107           1          34 SH       SOLE                                 34
CENTURYLINK INC                          COM      156700106           0          06 SH       SOLE                                  6
CHESAPEAKE ENERGY CORP                   COM      165167107           0          02 SH       SOLE                                  2
CHEVRON CORPORATION                      COM      166764100         443       3,730 SH       SOLE                              3,730
CHICOS FAS INC                           COM      168615102           5         280 SH       SOLE                                280
CHUYS HOLDINGS INC                       COM      171604101           7         200 SH       SOLE                                200
CISCO SYSTEMS INC                        COM      17275R102          75       3,593 SH       SOLE                              3,593
CITADEL BROADCASTING ^XX                 COM      17285T106           0          29 SH       SOLE                                 29
CITIBANK NA 3%14                         CDO      17312QPJ2          76      73,000 SH       SOLE                             73,000
CITIGROUP INC NEW                        COM      172967424           0          02 SH       SOLE                                  2
CITIZENS BANK 2.65%15                    CDO      174000BR9          52      50,000 SH       SOLE                             50,000
CITRIX SYSTEMS INC                       COM      177376100           2          32 SH       SOLE                                 32
CLEAN ENERGY PATHWAYS                    COM      18451W105           0      10,000 SH       SOLE                             10,000
COACH INC                                COM      189754104          23         460 SH       SOLE                                460
COASTAL PACIFIC MINING F                 FGC      19049P107           0       3,000 SH       SOLE                              3,000
COCA COLA COMPANY                        COM      191216100          17         429 SH       SOLE                                429
COLGATE-PALMOLIVE CO                     COM      194162103          71         600 SH       SOLE                                600
CONOCOPHILLIPS                           COM      20825C104         106       1,768 SH       SOLE                              1,768
COPPELL TEX INDPT 0%17                   BMU      217489N82          20      21,000 SH       SOLE                             21,000
CORINTHIAN COLLEGES INC                  COM      218868107           2         781 SH       SOLE                                781
COVIDIEN PLC NEW F                       FGO      G2554F113           3          50 SH       SOLE                                 50
CURRENCYSHARES JAPANESE                  UIE      23130A102          16         157 SH       SOLE                                157
CYS INVESTMENTS INC                      COM      12673A108          19       1,580 SH       SOLE                              1,580
DALLAS TEX CONVENTI 0%18                 BMU      235417AR3          14      16,000 SH       SOLE                             16,000
DELL INC                                 COM      24702R101         326      22,777 SH       SOLE                             22,777
DIGERATI TECH NEW                        COM      25375L206           0         100 SH       SOLE                                100
DISCOVER BANK N A 4.7%13                 CDO      25469JLE7         256     254,000 SH       SOLE                            254,000
DISCOVER BANK N A 5.0%13                 CDO      25469JUE7          15      15,000 SH       SOLE                             15,000
DISCOVER BANK N A 5.1%13                 CDO      25469JSC4         136     134,000 SH       SOLE                            134,000
DISCOVER BANK NA 5.05%13                 CDO      25469JTC3           5       5,000 SH       SOLE                              5,000
DISNEY WALT CO                           COM      254687106           1          22 SH       SOLE                                 22
DUKE ENERGY CORP NEW                     COM      26441C204         174       2,391 SH       SOLE                              2,391
DYADIC INTERNATIONAL                     COM      26745T101          11       6,400 SH       SOLE                              6,400
EAGLE BROADBAND INC NXXX                 COM      269437208           0          05 SH       SOLE                                  5
EAGLE ROCK ENGY PARTNERS                 MLP      26985R104          10       1,000 SH       SOLE                              1,000
EAST BATON ROUG 3.625%15                 BMU      270764AL7          52      50,000 SH       SOLE                             50,000
EASTMAN KODAK COMPANY                    COM      277461109           0         400 SH       SOLE                                400
EATON CORP PLC F                         FGO      G29183103          17         272 SH       SOLE                                272
EATON VANCE TAX MANAGED                  CEM      27828N102          10       1,000 SH       SOLE                              1,000
EL PASO PIPELINE PTNR LP                 MLP      283702108          24         550 SH       SOLE                                550
ELECTRONIC ARTS INC                      COM      285512109           7         400 SH       SOLE                                400
ENERGY & ENGINE TECH XXX                 COM      29267D108           0      10,000 SH       SOLE                             10,000
ENTERGY CORP NEW                         COM      29364G103           4          59 SH       SOLE                                 59
ENTERPRISE PRD PRTNRS LP                 MLP      293792107         100       1,665 SH       SOLE                              1,665
ERHC ENERGY INC                          COM      26884J104           1      18,000 SH       SOLE                             18,000
ERHC ENERGY INC 13 RTS                   WAR      26884J997           0       6,000 SH       SOLE                              6,000
EV TAX MAN GLB DIV EQTY                  CEM      27829F108          26       2,828 SH       SOLE                              2,828
EXCEL MARITIME CARRIERSF                 FGO      V3267N107           0          00 SH       SOLE                                  0
EXPRESS SCRIPTS HLDG CO                  COM      30219G108          56         972 SH       SOLE                                972
EXXON MOBIL CORPORATION                  COM      30231G102       2,967      32,931 SH       SOLE                             32,931
FACEBOOK INC CLASS A                     COM      30303M102          16         644 SH       SOLE                                644
FAIRPOINT COMMUN INC                     COM      305560302           0          00 SH       SOLE                                  0
FAIRPOINT COMMUN INC XXX                 COM      305560104           0          06 SH       SOLE                                  6
FIFTH THIRD BANK 0.25%14                 CDS      316777JE2          63      63,000 SH       SOLE                             63,000
FIFTH THIRD BANK 0.25%14                 CDS      316777GM7          70      70,000 SH       SOLE                             70,000
FIRSTENERGY CORP                         COM      337932107         205       4,862 SH       SOLE                              4,862
FIRSTHAND TECH VALUE FD                  CEM      33766Y100           8         441 SH       SOLE                                441
FORD MOTOR COMPANY NEW                   COM      345370860           9         675 SH       SOLE                                675
FRONTIER COMMUNICATIONS                  COM      35906A108          20       5,124 SH       SOLE                              5,124
GALVESTON TEX WT 3.75%14                 BMU      364564CA0          18      17,000 SH       SOLE                             17,000
GENERAL ELECTRIC COMPANY                 COM      369604103         205       8,882 SH       SOLE                              8,882
GENERAL MILLS INC                        COM      370334104          39         795 SH       SOLE                                795
GLOBALSCAPE INC                          COM      37940G109           0          98 SH       SOLE                                 98
GOLDMAN SACHS BK 5.0%13                  CDS      381426PW9         134     131,000 SH       SOLE                            131,000
GOOGLE INC CLASS A                       COM      38259P508           8          10 SH       SOLE                                 10
GOOSE CREEK TEX CON 4%15                 BMU      382604VH6          17      16,000 SH       SOLE                             16,000
GUGGENHEIM EXCH TRD FD                   UIE      18383M878          74       2,262 SH       SOLE                              2,262
HALLIBURTON CO HLDG CO                   COM      406216101           5         132 SH       SOLE                                132
HARRIS CNTY TEX 0%17                     BMU      414004MK4          16      17,000 SH       SOLE                             17,000
HARRIS CNTY TEX MUN 4%17                 BMU      413954CP1          16      16,000 SH       SOLE                             16,000
HEWLETT-PACKARD COMPANY                  COM      428236103          39       1,632 SH       SOLE                              1,632
HILLTOP HOLDINGS INC                     COM      432748101          33       2,430 SH       SOLE                              2,430
HOME BANCORP INC                         COM      4.37E+111          29       1,549 SH       SOLE                              1,549
HOME DEPOT INC                           COM      437076102           3          43 SH       SOLE                                 43
HSBC HOLDINGS 8.125% F                   PRE      404280703          26       1,000 SH       SOLE                              1,000
HUBBELL INC CLASS B                      COM      443510201          23         240 SH       SOLE                                240
INERGY LP                                MLP      456615103          20       1,000 SH       SOLE                              1,000
INGERSOLL RAND CL A NEWF                 FGO      G47791101          33         600 SH       SOLE                                600
INTEGRYS ENERGY GROUP                    COM      45822P105           6         100 SH       SOLE                                100
INTEL CORP                               COM      458140100          86       3,928 SH       SOLE                              3,928
INTL BUSINESS MACHINES                   COM      459200101         112         527 SH       SOLE                                527
INTL T M E RESOURCES F                   FGC      46049W105           0         667 SH       SOLE                                667
IRVING TEX INDP 4.125%20                 BMU      463813LP8          17      16,000 SH       SOLE                             16,000
ISHARES CORE S^P ETF                     UIE      464287200           0          00 SH       SOLE                                  0
ISHARES CORE S^P ETF                     UIE      464287507           3          30 SH       SOLE                                 30
ISHARES DJ US HOME CONST                 UIE      464288752       3,312     138,643 SH       SOLE                            138,643
ISHARES FTSE CHINA 25                    UIE      464287184          28         750 SH       SOLE                                750
ISHARES GOLD TRUST                       UIE      464285105         107       6,876 SH       SOLE                              6,876
ISHARES IBOXX INVESTOP                   UIE      464287242          49         409 SH       SOLE                                409
ISHARES MSCI AUS IDX FD                  UIE      464286103          37       1,375 SH       SOLE                              1,375
ISHARES MSCI BELGIUM                     UIE      464286301          38       2,694 SH       SOLE                              2,694
ISHARES MSCI EMRG MKT FD                 UIE      464287234          42         986 SH       SOLE                                986
ISHARES MSCI GRMNY IDX                   UIE      464286806          37       1,508 SH       SOLE                              1,508
ISHARES MSCI HK IDX FD                   UIE      464286871       1,777      89,555 SH       SOLE                             89,555
ISHARES MSCI MEXICO                      UIE      464286822          68         918 SH       SOLE                                918
ISHARES MSCI PAC EX JAPN                 UIE      464286665       4,899      98,576 SH       SOLE                             98,576
ISHARES MSCI SWITZRLND                   UIE      464286749          38       1,299 SH       SOLE                              1,299
ISHARES MSCI VAL IDX FD                  UIE      464288877       3,418      68,716 SH       SOLE                             68,716
ISHARES S^P 500 VALUE                    UIE      464287408       1,479      20,043 SH       SOLE                             20,043
ISHARES S^P CITIGROUP                    UIE      464288125          48         519 SH       SOLE                                519
ISHARES S^P GBL CONSUMER                 UIE      464288745       2,393      35,585 SH       SOLE                             35,585
ISHARES TR BARCLAYS BOND                 UIE      464288679         642       5,828 SH       SOLE                              5,828
ISHARES TR BARCLAYS TIPS                 UIE      464287176           8          69 SH       SOLE                                 69
ISHARES TR DJ US FINL                    UIE      464287770       3,050      46,106 SH       SOLE                             46,106
ISHARES TR DOW JONES RE                  UIE      464287739           6          83 SH       SOLE                                 83
ISHARES TR MSCI EAFE FD                  UIE      464287465          65       1,101 SH       SOLE                              1,101
ISHARES TR RUSSELL 1000                  UIE      464287622       6,034      69,189 SH       SOLE                             69,189
ISHARES TR RUSSELL 2000                  UIE      464287630      38,805     463,010 SH       SOLE                            463,010
ISHARES TR S^P GLOBAL                    UIE      464287333       2,327      47,984 SH       SOLE                             47,984
ISHARES TR S^P LATN AMER                 UIE      464287390         116       2,665 SH       SOLE                              2,665
ISHARES TRUST ETF                        UIE      464288281          26         221 SH       SOLE                                221
JDS UNIPHASE CORP NEW                    COM      46612J507           0          01 SH       SOLE                                  1
JEFFERIES GROUP 5.5%16                   BCO      472319AB8          44      40,000 SH       SOLE                             40,000
JPMORGAN CHASE & CO                      COM      46625H100         172       3,615 SH       SOLE                              3,615
JUNIPER NETWORKS INC                     COM      48203R104           2         100 SH       SOLE                                100
KIMBERLY-CLARK CORP                      COM      494368103          10         100 SH       SOLE                                100
KIMCO REALTY CORP                        RET      49446R109          90       4,000 SH       SOLE                              4,000
KINDER MORGAN ENERGY LP                  MLP      494550106         275       3,068 SH       SOLE                              3,068
KINDER MORGAN INC                        COM      49456B101           0          05 SH       SOLE                                  5
KRAFT FOODS GROUP                        COM      50076Q106           6         112 SH       SOLE                                112
LA JOYA TEX INDPT 0%16                   BMU      503462HD8           2       2,000 SH       SOLE                              2,000
LEHMAN BROS HLDGS 2XXX                   PRD      525ESCW62           0      10,000 SH       SOLE                             10,000
LILLY ELI & COMPANY                      COM      532457108           3          54 SH       SOLE                                 54
LINEAR TECH CORP 3%27                    BCO      535678AC0           2       2,000 SH       SOLE                              2,000
LSI CORPORATION                          COM      502161102           1         154 SH       SOLE                                154
LUMINEX CORP DEL                         COM      5.5E+106           15         910 SH       SOLE                                910
MAGELLAN MIDSTREAM PTNRS                 MLP      559080106           9         166 SH       SOLE                                166
MARKET VECTORS ETF                       UIE      57060U522          25         932 SH       SOLE                                932
MC DONALDS CORP                          COM      580135101         106       1,067 SH       SOLE                              1,067
MELTRONIX INC                            COM      585730104           0         100 SH       SOLE                                100
MERCEDES TEX INDP 3.5%13                 BMU      587703LK3          17      17,000 SH       SOLE                             17,000
MERCK & CO INC NEW                       COM      58933Y105           6         139 SH       SOLE                                139
MICROSOFT CORP                           COM      594918104         114       3,977 SH       SOLE                              3,977
MONDELEZ INTL INC CL A                   COM      609207105          10         338 SH       SOLE                                338
MORGAN STANLEY                           COM      617446448           4         200 SH       SOLE                                200
MOTOROLA SOLUTIONS INC                   COM      620076307          25         391 SH       SOLE                                391
NATIONAL OILWELL VARCO                   COM      637071101           5          68 SH       SOLE                                 68
NETFLIX INC                              COM      64110L106          11          56 SH       SOLE                                 56
NOKIA CORP SPON ADR F                    ADR      654902204           0          40 SH       SOLE                                 40
NOVARTIS A G SPON ADR F                  ADR      66987V109          25         357 SH       SOLE                                357
NRG ENERGY INC NEW                       COM      629377508           0          03 SH       SOLE                                  3
NUVEEN MUN VALUE FD INC                  CEM      670928100           3         266 SH       SOLE                                266
NUVEEN SELECT TAX FREE                   CEM      67063C106          10         700 SH       SOLE                                700
OCCIDENTAL PETE CORP                     COM      674599105          16         200 SH       SOLE                                200
ONEOK PARTNERS LP                        MLP      68268N103           7         121 SH       SOLE                                121
OPEN TEXT CORP F                         FGC      683715106           0          04 SH       SOLE                                  4
ORACLE CORPORATION                       COM      68389X105          33       1,027 SH       SOLE                              1,027
P G & E CORP                             COM      69331C108         179       4,009 SH       SOLE                              4,009
PARK STERLING BK 2.1%14                  CDO      70086WDQ9          58      57,000 SH       SOLE                             57,000
PARK STERLING BK 0.25%14                 CDO      70086WFE4          62      62,000 SH       SOLE                             62,000
PARTS.COM INC NEW XXX                    COM      702140203           0          20 SH       SOLE                                 20
PEABODY ENERGY CORP                      COM      704549104          51       2,400 SH       SOLE                              2,400
PEPSICO INCORPORATED                     COM      713448108       1,374      17,370 SH       SOLE                             17,370
PEREGRINE PHARMA INC NEW                 COM      713661304           0         220 SH       SOLE                                220
PERMIAN BASIN ROYALTY TR                 UIE      714236106         270      21,707 SH       SOLE                             21,707
PFIZER INCORPORATED                      COM      717081103         120       4,165 SH       SOLE                              4,165
PFLUGERVILLE TEX IN 4%18                 BMU      717095P56           9       8,000 SH       SOLE                              8,000
PHILIP MORRIS INTL INC                   COM      718172109         297       3,200 SH       SOLE                              3,200
PHILLIPS 66                              COM      718546104          80       1,148 SH       SOLE                              1,148
PILGRIMS PRIDE CORP NEW                  COM      72147K108          18       2,000 SH       SOLE                              2,000
PIMCO MUNI INCOME FD II                  CEM      72200W106           5         400 SH       SOLE                                400
PNC FINL SERVICES GP INC                 COM      693475105           0          02 SH       SOLE                                  2
POLYMET MINING CORP F                    FGC      731916102           2       2,000 SH       SOLE                              2,000
POWERSHARES S^P ETF                      UIE      73937B779          75       2,413 SH       SOLE                              2,413
POWERSHS DB COMMDTY INDX                 UIE      73935S105          23         852 SH       SOLE                                852
POWERSHS EXCH TRAD FD TR                 UIE      73936T615           2         200 SH       SOLE                                200
POWERSHS EXCH TRAD FD TR                 UIE      73935X385       2,319      46,757 SH       SOLE                             46,757
POWERSHS EXCH TRAD FD TR                 UIE      73935X500           1         280 SH       SOLE                                280
POWERSHS EXCH TRAD FD TR                 UIE      73935X625       2,990     127,946 SH       SOLE                            127,946
POWERSHS EXCH TRAD FD TR                 UIE      73936Q207          58       2,879 SH       SOLE                              2,879
POWERSHS QQQ TRUST SER 1                 UIE      73935A104           0          05 SH       SOLE                                  5
PPL CORPORATION                          COM      69351T106           6         200 SH       SOLE                                200
PROCTER & GAMBLE                         COM      742718109          76         990 SH       SOLE                                990
PROGRESSIVE CORP OHIO                    COM      743315103          10         400 SH       SOLE                                400
PROSHS ULTRA OIL & GAS                   UIE      74347R719           1          10 SH       SOLE                                 10
PROSHS ULTRASHRT QQQ NEW                 UIE      74347X237          21         800 SH       SOLE                                800
PROSPECT CAPITAL CORP                    COM      74348T102          15       1,394 SH       SOLE                              1,394
PURE BIOSCIENCE INC NEW                  COM      74621T209           2       3,508 SH       SOLE                              3,508
QUALCOMM INC                             COM      747525103          20         300 SH       SOLE                                300
REALTY INCOME CORP                       RET      756109104          12         274 SH       SOLE                                274
RESEARCH IN MOTION LTD F                 FGC      760975102           9         600 SH       SOLE                                600
RITE AID CORPORATION                     COM      767754104           2       1,000 SH       SOLE                              1,000
ROSAMOND CALIF CM 7.5%02                 BMU      776802BU3           1      10,000 SH       SOLE                             10,000
ROYAL BANK SCOT NEW ADRF                 ADR      780097689           0          00 SH       SOLE                                  0
ROYAL BK SCOT 3.95%15F                   UDD      78010XAG6          43      40,000 SH       SOLE                             40,000
SAFRA NATL BK NY 0.45%14                 CDO      7865805T3         127     127,000 SH       SOLE                            127,000
SAINT MARTIN PARI 3.5%14                 BMU      792146HP0          51      50,000 SH       SOLE                             50,000
SCH US REIT ETF                          UIE      808524847           0          00 SH       SOLE                                  0
SCHW US SCAP ETF                         UIE      808524607      15,857     369,965 SH       SOLE                            369,965
SECTOR SPDR TECH SELECT                  UIE      81369Y803           0          00 SH       SOLE                                  0
SECTOR SPDR UTIL SELECT                  UIE      81369Y886          12         311 SH       SOLE                                311
SIMON PPTY GROUP NEW                     RET      828806109          73         463 SH       SOLE                                463
SIRIUS XM RADIO INC                      COM      82967N108          32      10,450 SH       SOLE                             10,450
SONICBLUE INC XXX                        COM      83546Q109           0         182 SH       SOLE                                182
SOUTHWEST AIRLINES CO                    COM      844741108          21       1,574 SH       SOLE                              1,574
SPDR DOW JONES INDL AVG                  UIE      78467X109           4          30 SH       SOLE                                 30
SPDR GOLD TRUST                          UIE      78463V107          76         489 SH       SOLE                                489
SPDR S^P BRIC 40 ETF                     UIE      78463X798           5         228 SH       SOLE                                228
SPDR S^P GLOBAL ETF                      UIE      78463X541         107       2,135 SH       SOLE                              2,135
SPDR S^P HOMEBUILDERS                    UIE      78464A888          41       1,369 SH       SOLE                              1,369
SPDR S^P TRANSPORTATION                  UIE      78464A532       2,840      43,335 SH       SOLE                             43,335
SPECTRA ENERGY CORP                      COM      847560109           3          88 SH       SOLE                                 88
SPENCER PHARMA INC                       COM      848224101           0       2,000 SH       SOLE                              2,000
SPRINT NEXTEL CORP                       COM      852061100           1         103 SH       SOLE                                103
STARBUCKS CORP                           COM      855244109          17         300 SH       SOLE                                300
SYCAMORE NETWRKS INC NEW                 COM      871206405           0          10 SH       SOLE                                 10
T C PIPELINES LP                         MLP      87233Q108           0          06 SH       SOLE                                  6
TELEFONICA EMI 5.877%19F                 UDD      87938WAH6          44      40,000 SH       SOLE                             40,000
TENET HEALTHCARE NEW                     COM      88033G407          15         306 SH       SOLE                                306
TESLA MOTORS INC                         COM      88160R101          19         500 SH       SOLE                                500
TEVA PHARM FIN 0.25%24                   BCO      88164RAB3           1       1,000 SH       SOLE                              1,000
TEVA PHARM INDS LTD ADRF                 ADR      881624209          34         846 SH       SOLE                                846
TEX PAC LAND SUB CTF                     COM      882610108           3          45 SH       SOLE                                 45
TEXTRON INCORPORATED                     COM      883203101          10         352 SH       SOLE                                352
THE SOUTHERN COMPANY                     COM      842587107         188       4,000 SH       SOLE                              4,000
THE WENDYS COMPANY                       COM      95058W100           2         425 SH       SOLE                                425
THORNBURG MORTGAGE NEXXX                 RET      885218800           0         150 SH       SOLE                                150
TIM HORTONS INC F                        FGC      88706M103           7         135 SH       SOLE                                135
TIME WARNER CABLE                        COM      88732J207           0          05 SH       SOLE                                  5
TIME WARNER INC NEW                      COM      887317303           1          23 SH       SOLE                                 23
TRANSWITCH CORP NEW                      COM      894065309           0          07 SH       SOLE                                  7
TRAVIS CNTY TEX 4.375%24                 BMU      89438VVB9          19      18,000 SH       SOLE                             18,000
U S BANCORP DEL NEW                      COM      902973304          14         404 SH       SOLE                                404
U S SHIPPING PARTNERSXXX                 MLP      903417103           0         300 SH       SOLE                                300
UNDER ARMOUR INC CL A                    COM      904311107           2          40 SH       SOLE                                 40
UNITED ST NAT GAS FD NEW                 UIE      912318201         137       6,280 SH       SOLE                              6,280
UNITEDHEALTH GROUP INC                   COM      91324P102          20         356 SH       SOLE                                356
UNIVERSAL HLTH SVCS CL B                 COM      913903100           6          96 SH       SOLE                                 96
UST INFL IDX 2%07/14                     TIP      912828CP3          26      20,000 SH       SOLE                             20,000
UVALDE TEX CONS 4.25%20                  BMU      918135HN7           9       9,000 SH       SOLE                              9,000
VALUESTAR CORP XXX                       COM      919910109           0       6,000 SH       SOLE                              6,000
VANGUARD FTSE EMERGING                   UIE      922042858       4,805     112,007 SH       SOLE                            112,007
VANGUARD INTL EQTY INDEX                 UIE      922042775       1,457      31,436 SH       SOLE                             31,436
VANGUARD MID CAP                         UIE      922908629       1,582      17,036 SH       SOLE                             17,036
VANGUARD TOTAL STOCK MKT                 UIE      922908769          32         390 SH       SOLE                                390
VANGUARD UTILITIES                       UIE      92204A876           3          38 SH       SOLE                                 38
VELATEL GLOBAL COMM NEW                  COM      92256R207           0          50 SH       SOLE                                 50
VIRTUS TOTAL RETURN FD                   CEM      92829A103           6       1,402 SH       SOLE                              1,402
WA FUNDING TR III XXX                    ESC      939ESC968           0          25 SH       SOLE                                 25
WAL-MART STORES INC                      COM      931142103          55         729 SH       SOLE                                729
WEBMD HEALTH CORP                        COM      94770V102           8         346 SH       SOLE                                346
WEINGARTEN RLTY INVS SBI                 RET      948741103          21         675 SH       SOLE                                675
WELLS FARGO & CO NEW                     COM      949746101          18         500 SH       SOLE                                500
WESTERN ASSET INCOME FD                  CEM      95766T100          13         925 SH       SOLE                                925
WHARTON TEX INDPT 4%14                   BMU      962421DM2          18      17,000 SH       SOLE                             17,000
WHOLE FOODS MARKET INC                   COM      966837106          42         487 SH       SOLE                                487
WILHELMINA INTL                          COM      968235101           0       1,430 SH       SOLE                              1,430
WILLIAMS PARTNERS LP                     MLP      96950F104           5         100 SH       SOLE                                100
WINDSTREAM CORPORATION                   COM      97381W104          43       5,400 SH       SOLE                              5,400
WISDOMTREE DIVIDEND                      UIE      97717W406          73       1,183 SH       SOLE                              1,183
WISDOMTREE EMERGING MKTS                 UIE      97717W315      13,593     246,872 SH       SOLE                            246,872
WISDOMTREE EUR SMCAP DIV                 UIE      97717W869       2,688      64,379 SH       SOLE                             64,379
WMI HOLDINGS CORP                        COM      92936P100           0          01 SH       SOLE                                  1
YAHOO INC                                COM      984332106           9         400 SH       SOLE                                400
YTB INTERNATIONAL CL A                   COM      98425R200           0         214 SH       SOLE                                214
YUM BRANDS INC                           COM      988498101         460       6,400 SH       SOLE                              6,400
ZAZA ENERGY CORP                         COM      98919T100           1         500 SH       SOLE                                500