Advanced Equities Asset Management

First Allied Asset Management as of Dec. 31, 2012

Portfolio Holdings for First Allied Asset Management

First Allied Asset Management holds 159 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Lehman MBS Bond Fund (MBB) 5.6 $29M 271k 108.22
iShares IBoxx $ Invest Grade Corp Bd (LQD) 5.2 $27M 226k 121.01
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 3.7 $19M 182k 105.46
Vanguard Emerging Markets ETF (VWO) 3.5 $18M 406k 44.52
Vanguard Europe Pacific ETF (VEA) 2.9 $15M 429k 35.27
iShares MSCI ACWI Index Fund (ACWI) 2.6 $14M 288k 48.12
iShares S&P Natl AMTFr Mncpl Bd (MUB) 2.5 $13M 118k 110.62
Wisdomtree Tr em lcl debt (ELD) 2.1 $11M 207k 53.50
PowerShares Preferred Portfolio 2.0 $10M 709k 14.65
PowerShares Insured Nati Muni Bond 2.0 $10M 401k 25.70
PowerShares DB Com Indx Trckng Fund 1.8 $9.5M 342k 27.79
iShares iBoxx $ High Yid Corp Bond (HYG) 1.7 $8.9M 96k 93.53
iShares S&P 500 Value Index (IVE) 1.6 $8.6M 129k 66.43
SPDR Gold Trust (GLD) 1.6 $8.3M 52k 161.10
iShares Lehman 7-10 Yr Treas. Bond (IEF) 1.5 $8.0M 75k 107.40
iShares Barclays TIPS Bond Fund (TIP) 1.5 $7.8M 65k 119.98
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 1.4 $7.3M 69k 106.24
Vanguard Total World Stock Idx (VT) 1.4 $7.3M 148k 49.30
Vanguard Growth ETF (VUG) 1.4 $7.0M 99k 71.14
Vanguard REIT ETF (VNQ) 1.4 $7.1M 107k 65.95
Vanguard Total Bond Market ETF (BND) 1.3 $6.7M 80k 84.47
iShares MSCI Pacific ex-Japan Idx (EPP) 1.2 $6.5M 138k 46.99
iShares S&P US Pref Stock Idx Fnd (PFF) 1.2 $6.1M 153k 39.76
Cohen & Steers infrastucture Fund (UTF) 1.1 $6.0M 317k 18.83
iShares Dow Jones Select Dividend (DVY) 1.1 $5.9M 103k 57.07
SPDR DJ International Real Estate ETF (RWX) 1.1 $5.6M 136k 41.42
Putnam Master Int. Income (PIM) 1.1 $5.6M 1.1M 5.06
MFS Government Markets Income Trust (MGF) 1.1 $5.6M 812k 6.85
Vanguard Intermediate-Term Bond ETF (BIV) 1.1 $5.5M 62k 88.99
Utilities SPDR (XLU) 1.1 $5.5M 158k 35.12
iShares S&P Global Telecommunicat. (IXP) 1.1 $5.5M 97k 57.31
Templeton Global Income Fund (SABA) 1.1 $5.5M 580k 9.48
SPDR S&P MidCap 400 ETF (MDY) 1.0 $5.3M 29k 185.49
BlackRock Global Energy & Resources Trus (BGR) 1.0 $5.0M 213k 23.65
iShares Russell 2000 Index (IWM) 1.0 $5.0M 60k 84.30
iShares Lehman Aggregate Bond (AGG) 0.9 $4.8M 43k 110.81
Templeton Emerging Markets Income Fund (TEI) 0.9 $4.6M 264k 17.44
Chevron Corporation (CVX) 0.8 $4.4M 41k 108.39
Tortoise Energy Infrastructure 0.8 $4.2M 110k 38.04
Eaton Vance 0.8 $4.0M 126k 32.02
iShares S&P MidCap 400 Index (IJH) 0.8 $4.1M 40k 101.70
At&t (T) 0.8 $4.0M 118k 34.05
MFS Intermediate Income Trust (MIN) 0.8 $4.0M 616k 6.51
SYSCO Corporation (SYY) 0.8 $3.9M 122k 31.99
Emerson Electric (EMR) 0.8 $3.9M 73k 53.24
Procter & Gamble Company (PG) 0.8 $3.9M 57k 68.14
Merck & Co (MRK) 0.7 $3.7M 91k 41.21
Bk Nova Cad (BNS) 0.7 $3.6M 62k 58.75
General Electric Company 0.7 $3.6M 168k 21.16
Microchip Technology (MCHP) 0.7 $3.5M 107k 32.96
Statoil ASA 0.7 $3.5M 141k 25.13
Bank Of Montreal Cadcom (BMO) 0.7 $3.5M 57k 61.63
Diamond Offshore Drilling 0.7 $3.5M 51k 67.82
Novartis (NVS) 0.7 $3.5M 54k 63.98
Hasbro (HAS) 0.6 $3.3M 92k 36.17
Financial Select Sector SPDR (XLF) 0.6 $3.4M 205k 16.41
E.I. du Pont de Nemours & Company 0.6 $3.3M 73k 44.85
Senior Housing Properties Trust 0.6 $3.3M 138k 23.86
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.6 $3.3M 27k 123.25
Ca 0.6 $3.2M 147k 21.79
Eaton Vance Short Duration Diversified I (EVG) 0.5 $2.5M 144k 17.24
Eaton Vance Limited Duration Income Fund (EVV) 0.5 $2.4M 145k 16.50
iShares MSCI Emerging Markets Indx (EEM) 0.5 $2.3M 53k 44.34
Quest Diagnostics Incorporated (DGX) 0.5 $2.3M 40k 58.94
Bristol Myers Squibb (BMY) 0.4 $2.3M 70k 32.24
Dow Chemical Company 0.4 $2.2M 70k 31.99
Proshares Tr ultr 7-10 trea (UST) 0.4 $2.2M 39k 56.85
Exxon Mobil Corporation (XOM) 0.4 $2.1M 25k 86.41
Boeing Company (BA) 0.4 $2.0M 26k 78.04
Becton, Dickinson and (BDX) 0.4 $2.0M 26k 79.43
Bank of New York Mellon Corporation (BK) 0.4 $2.0M 77k 25.48
Johnson Controls 0.4 $2.0M 66k 30.07
General Mills (GIS) 0.4 $2.0M 50k 39.43
Bunge 0.4 $1.9M 27k 71.87
Guess? (GES) 0.4 $1.9M 79k 24.58
M.D.C. Holdings (MDC) 0.4 $1.9M 52k 36.67
iShares Russell Midcap Index Fund (IWR) 0.4 $1.9M 17k 113.01
AGL Resources 0.4 $1.9M 48k 39.18
NetApp (NTAP) 0.3 $1.9M 56k 33.26
ProShares Ultra MidCap400 (MVV) 0.3 $1.8M 25k 74.10
Noble Corporation Com Stk 0.3 $1.8M 53k 34.02
SPDR Barclays Capital High Yield B 0.3 $1.7M 43k 40.66
Cme (CME) 0.3 $1.7M 35k 50.03
Fluor Corporation (FLR) 0.3 $1.7M 29k 59.62
Tor Dom Bk Cad (TD) 0.3 $1.7M 22k 80.99
WisdomTree SmallCap Dividend Fund (DES) 0.3 $1.6M 32k 50.89
Transocean (RIG) 0.3 $1.6M 36k 43.11
Vodafone 0.3 $1.6M 62k 25.76
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.2 $1.3M 15k 87.50
Abbott Laboratories (ABT) 0.2 $1.2M 18k 65.94
Cisco Systems (CSCO) 0.2 $1.2M 62k 19.59
Johnson & Johnson (JNJ) 0.2 $1.1M 15k 70.94
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.2 $1.1M 13k 84.43
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $1.0M 8.6k 121.10
Microsoft Corporation (MSFT) 0.2 $1.0M 37k 26.94
Vanguard Value ETF (VTV) 0.2 $967k 16k 59.01
JPMorgan Chase & Co. (JPM) 0.2 $943k 21k 44.05
Waste Management (WM) 0.2 $892k 26k 33.77
Eli Lilly & Co. (LLY) 0.2 $872k 18k 49.16
Apple (AAPL) 0.2 $872k 1.6k 536.95
Intel Corporation (INTC) 0.1 $767k 37k 20.61
Valero Energy Corporation (VLO) 0.1 $781k 23k 33.81
Hess (HES) 0.1 $794k 15k 52.46
iShares MSCI EAFE Index Fund (EFA) 0.1 $773k 14k 56.73
Visa (V) 0.1 $802k 5.3k 151.84
Oracle Corporation (ORCL) 0.1 $789k 24k 32.99
Chubb Corporation 0.1 $672k 8.9k 75.50
Western Digital (WDC) 0.1 $671k 16k 42.79
Lockheed Martin Corporation (LMT) 0.1 $655k 7.1k 91.74
Walgreen Company 0.1 $695k 19k 37.26
MetLife (MET) 0.1 $661k 20k 32.84
Nucor Corporation (NUE) 0.1 $605k 14k 42.95
3M Company (MMM) 0.1 $600k 6.5k 91.91
Franklin Resources (BEN) 0.1 $592k 4.7k 126.20
Verizon Communications (VZ) 0.1 $571k 13k 42.87
Baker Hughes Incorporated 0.1 $564k 14k 41.33
Pepsi (PEP) 0.1 $594k 8.8k 67.53
Symantec Corporation 0.1 $593k 31k 18.88
Market Vectors Emerging Mkts Local ETF 0.1 $571k 21k 27.32
Nuveen Oh Div Advantage Mun 0.1 $561k 34k 16.31
Hewlett-Packard Company 0.1 $507k 36k 14.28
General Dynamics Corporation (GD) 0.1 $539k 7.9k 68.25
Key (KEY) 0.1 $503k 60k 8.42
Vanguard Long Term Corporate Bond ETF (VCLT) 0.1 $540k 5.9k 91.88
AmerisourceBergen (COR) 0.1 $478k 11k 43.11
Murphy Oil Corporation (MUR) 0.1 $452k 7.6k 59.16
Fifth Third Ban (FITB) 0.1 $462k 30k 15.20
PPL Corporation (PPL) 0.1 $452k 16k 28.70
iShares Russell 1000 Index (IWB) 0.1 $465k 5.9k 79.19
Invesco Van Kampen Senior Income Trust (VVR) 0.1 $454k 88k 5.17
Macy's (M) 0.1 $395k 10k 38.93
Omni (OMC) 0.1 $392k 7.9k 49.39
CF Industries Holdings (CF) 0.1 $394k 2.0k 198.99
St. Jude Medical 0.1 $425k 12k 35.68
Vanguard Short Term Corporate Bond ETF (VCSH) 0.1 $408k 5.1k 79.80
State Street Corporation (STT) 0.1 $346k 7.4k 46.90
Regeneron Pharmaceuticals (REGN) 0.1 $342k 2.0k 171.00
Spdr S&p 500 Etf (SPY) 0.1 $341k 2.4k 142.38
Rockwell Collins 0.1 $366k 6.2k 59.45
Energizer Holdings 0.1 $385k 4.9k 78.49
Gap (GPS) 0.1 $373k 12k 30.84
EMC Corporation 0.1 $379k 15k 25.46
Cibc Cad (CM) 0.1 $388k 5.0k 78.38
SPDR S&P International Dividend (DWX) 0.1 $388k 8.1k 48.07
Berkshire Hathaway (BRK.B) 0.1 $315k 3.5k 89.95
International Business Machines (IBM) 0.1 $295k 1.6k 189.71
Ipath Dow Jones-aig Commodity (DJP) 0.1 $320k 7.8k 41.26
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.1 $315k 2.6k 120.83
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.1 $335k 8.2k 40.76
Baxter International (BAX) 0.1 $280k 4.2k 67.15
Philip Morris International (PM) 0.1 $258k 3.1k 83.68
MFS Charter Income Trust (MCR) 0.1 $236k 23k 10.24
iShares S&P NA Nat. Re. Sc. Idx (IGE) 0.1 $265k 7.0k 38.00
Waddell & Reed Financial 0.0 $221k 6.3k 34.95
ConocoPhillips (COP) 0.0 $209k 3.6k 58.84
Amazon (AMZN) 0.0 $211k 823.00 256.38
Enterprise Products Partners (EPD) 0.0 $221k 4.4k 50.11
CapitalSource 0.0 $91k 12k 7.58
Motricity 0.0 $3.0k 12k 0.25