Tower Trust Company

Tower Trust as of March 31, 2014

Portfolio Holdings for Tower Trust

Tower Trust holds 172 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Information Technology ETF (VGT) 3.4 $5.4M 59k 91.04
WisdomTree MidCap Dividend Fund (DON) 3.2 $5.0M 65k 77.05
Tower Financial Corporation 3.0 $4.8M 193k 25.08
First Trust Financials AlphaDEX (FXO) 3.0 $4.7M 214k 21.82
First Trust Health Care AlphaDEX (FXH) 2.8 $4.4M 88k 50.44
At&t (T) 2.8 $4.4M 126k 35.06
Industrial SPDR (XLI) 2.4 $3.8M 73k 52.33
Apple (AAPL) 2.2 $3.5M 6.4k 537.66
PowerShares Dynamic Energy Sector 2.1 $3.4M 58k 57.72
Financial Select Sector SPDR (XLF) 2.1 $3.3M 147k 22.67
First Trust Cnsumer Stapl Alpha (FXG) 2.1 $3.3M 89k 36.88
General Electric Company 1.8 $2.9M 110k 26.00
Wells Fargo & Company (WFC) 1.8 $2.8M 57k 49.74
First Trust Cnsmer Disry Alpha Fnd (FXD) 1.7 $2.7M 84k 32.00
Procter & Gamble Company (PG) 1.6 $2.5M 31k 80.67
Lincoln National Corporation (LNC) 1.5 $2.4M 48k 51.00
Exxon Mobil Corporation (XOM) 1.5 $2.4M 25k 97.87
First Trust Tech AlphaDEX Fnd (FXL) 1.5 $2.4M 75k 31.58
WisdomTree Emerging Markets Eq (DEM) 1.5 $2.4M 48k 49.15
Consumer Discretionary SPDR (XLY) 1.5 $2.4M 37k 64.71
Health Care SPDR (XLV) 1.4 $2.2M 39k 57.89
Pepsi (PEP) 1.4 $2.2M 27k 83.33
Berkshire Hathaway (BRK.A) 1.3 $2.1M 11.00 187363.64
Pimco Total Return Etf totl (BOND) 1.2 $2.0M 18k 106.65
JPMorgan Chase & Co. (JPM) 1.2 $1.9M 32k 60.69
Consumer Staples Select Sect. SPDR (XLP) 1.1 $1.7M 40k 43.66
WisdomTree Equity Income Fund (DHS) 1.1 $1.7M 29k 56.58
McDonald's Corporation (MCD) 1.0 $1.6M 17k 98.00
Pfizer (PFE) 1.0 $1.5M 48k 32.27
Chevron Corporation (CVX) 0.9 $1.4M 12k 118.54
Energy Select Sector SPDR (XLE) 0.8 $1.3M 15k 87.18
Microsoft Corporation (MSFT) 0.8 $1.3M 33k 40.98
International Business Machines (IBM) 0.8 $1.3M 6.5k 192.45
Technology SPDR (XLK) 0.8 $1.3M 35k 35.59
WisdomTree LargeCap Dividend Fund (DLN) 0.8 $1.2M 18k 68.32
D First Tr Exchange-traded (FPE) 0.7 $1.2M 61k 18.77
3M Company (MMM) 0.7 $1.1M 8.5k 135.72
First Trust Ind/Prod AlphaDEX (FXR) 0.7 $1.1M 39k 29.51
Johnson & Johnson (JNJ) 0.7 $1.1M 12k 98.33
United Technologies Corporation 0.7 $1.1M 9.6k 116.83
Intel Corporation (INTC) 0.7 $1.1M 42k 26.06
Steel Dynamics (STLD) 0.7 $1.0M 59k 17.78
Philip Morris International (PM) 0.6 $1.0M 13k 81.25
Materials SPDR (XLB) 0.6 $995k 21k 47.26
Home Depot (HD) 0.6 $966k 12k 79.13
Coca-Cola Company (KO) 0.6 $955k 25k 38.64
WisdomTree DEFA (DWM) 0.6 $918k 17k 55.56
John Hancock Preferred Income Fund III (HPS) 0.6 $882k 51k 17.31
Norfolk Southern (NSC) 0.6 $877k 9.0k 97.21
iShares MSCI EAFE Index Fund (EFA) 0.6 $875k 13k 67.19
iShares Russell 2000 Growth Index (IWO) 0.6 $876k 6.4k 136.09
Abbvie (ABBV) 0.5 $834k 16k 51.37
Automatic Data Processing (ADP) 0.5 $818k 11k 76.92
Qualcomm (QCOM) 0.5 $826k 11k 77.89
Total (TTE) 0.5 $803k 12k 65.61
Abbott Laboratories (ABT) 0.5 $788k 21k 38.36
Eaton (ETN) 0.5 $785k 11k 75.00
Bristol Myers Squibb (BMY) 0.5 $780k 15k 52.50
Walt Disney Company (DIS) 0.5 $756k 9.5k 80.00
Merck & Co (MRK) 0.5 $742k 13k 56.67
WisdomTree SmallCap Dividend Fund (DES) 0.5 $732k 11k 68.24
Berkshire Hathaway (BRK.B) 0.5 $707k 5.7k 125.00
Allegheny Technologies Incorporated (ATI) 0.5 $717k 19k 37.66
PowerShares FTSE RAFI US 1500 Small-Mid 0.4 $681k 6.9k 99.20
Vanguard Telecommunication Services ETF (VOX) 0.4 $679k 8.0k 85.10
First Tr Exch Trd Alphadex mid cp gr alph (FNY) 0.4 $685k 24k 28.25
Verizon Communications (VZ) 0.4 $668k 14k 48.10
Target Corporation (TGT) 0.4 $661k 11k 60.51
Utilities SPDR (XLU) 0.4 $660k 17k 40.00
Novartis (NVS) 0.4 $644k 7.6k 85.03
Altria (MO) 0.4 $648k 17k 37.69
ConocoPhillips (COP) 0.4 $655k 9.4k 70.00
SPDR Gold Trust (GLD) 0.4 $620k 5.1k 122.22
Union Pacific Corporation (UNP) 0.4 $602k 3.2k 187.27
Air Products & Chemicals (APD) 0.4 $600k 5.0k 119.13
Vanguard Total Bond Market ETF (BND) 0.4 $599k 7.4k 81.25
iShares S&P MidCap 400 Growth (IJK) 0.4 $584k 3.8k 152.89
CSX Corporation (CSX) 0.4 $570k 20k 28.33
Emerson Electric (EMR) 0.3 $560k 8.4k 67.00
FIRST TR EXCHANGE Traded Fd auto index (CARZ) 0.3 $547k 13k 41.20
BP (BP) 0.3 $542k 11k 48.10
Schlumberger (SLB) 0.3 $537k 5.5k 96.77
Vanguard Admiral Fds Inc equity (VOOG) 0.3 $504k 5.6k 89.28
Claymore Exchange-traded Fd gugg crp bd 2016 0.3 $498k 22k 22.34
Canadian Natural Resources (CNQ) 0.3 $469k 12k 38.36
First Trust Utilities AlphaDEX Fnd (FXU) 0.3 $475k 21k 22.22
WisdomTree DEFA Equity Income Fund (DTH) 0.3 $480k 10k 47.72
Canadian Natl Ry (CNI) 0.3 $463k 8.2k 56.19
Yum! Brands (YUM) 0.3 $461k 6.1k 75.45
Rydex S&P Equal Weight Technology 0.3 $461k 5.8k 80.17
First Tr Exchange-traded Fd no amer energy (EMLP) 0.3 $438k 18k 24.25
Illinois Tool Works (ITW) 0.3 $421k 5.3k 80.00
SanDisk Corporation 0.3 $430k 5.3k 81.13
iShares S&P MidCap 400 Index (IJH) 0.3 $421k 3.1k 137.63
iShares S&P 500 Index (IVV) 0.3 $416k 2.2k 188.24
Bk Nova Cad (BNS) 0.3 $408k 7.1k 57.50
Becton, Dickinson and (BDX) 0.2 $397k 3.4k 117.14
Claymore Exchange Trd Fd Tr gug bull2019 e 0.2 $391k 19k 20.87
Cardinal Health (CAH) 0.2 $376k 5.4k 70.00
Deere & Company (DE) 0.2 $377k 4.2k 90.06
Praxair 0.2 $387k 3.0k 130.00
Ford Motor Company (F) 0.2 $382k 25k 15.60
BHP Billiton (BHP) 0.2 $382k 5.7k 66.67
Claymore Exchange Trd Fd Tr gug bull2020 e 0.2 $380k 18k 20.86
Raytheon Company 0.2 $361k 3.6k 100.00
iShares S&P SmallCap 600 Index (IJR) 0.2 $363k 3.4k 107.69
First Trust DJ Internet Index Fund (FDN) 0.2 $357k 6.0k 59.05
Claymore Exchange Trd Fd Tr gug bull2018 e 0.2 $358k 17k 21.06
iShares S&P 500 Value Index (IVE) 0.2 $344k 4.0k 87.02
Powershares Etf Tr Ii s^p smcp it po 0.2 $355k 7.8k 45.40
American Tower Reit (AMT) 0.2 $352k 4.3k 81.96
Royal Caribbean Cruises (RCL) 0.2 $331k 6.1k 54.53
SYSCO Corporation (SYY) 0.2 $337k 9.3k 36.12
Commerce Bancshares (CBSH) 0.2 $331k 7.1k 46.49
iShares Barclays TIPS Bond Fund (TIP) 0.2 $332k 3.0k 112.09
PowerShares Dynamic Biotech &Genome 0.2 $339k 8.1k 41.64
Claymore Exchange-traded Fd gugg crp bd 2017 0.2 $339k 15k 22.80
Caterpillar (CAT) 0.2 $318k 3.2k 99.34
Wal-Mart Stores (WMT) 0.2 $323k 4.2k 76.34
Eli Lilly & Co. (LLY) 0.2 $324k 5.5k 58.76
Reynolds American 0.2 $321k 6.0k 53.50
Walgreen Company 0.2 $319k 4.8k 65.98
Clorox Company (CLX) 0.2 $310k 3.5k 87.50
Enbridge (ENB) 0.2 $319k 7.0k 45.55
Chipotle Mexican Grill (CMG) 0.2 $324k 584.00 555.56
Ishares Tr 2017 s^p amtfr 0.2 $325k 5.9k 55.14
Chubb Corporation 0.2 $300k 3.4k 89.36
Genuine Parts Company (GPC) 0.2 $306k 3.4k 90.00
Medtronic 0.2 $307k 4.9k 62.00
Colgate-Palmolive Company (CL) 0.2 $305k 4.7k 65.00
Occidental Petroleum Corporation (OXY) 0.2 $297k 3.1k 95.00
Google 0.2 $308k 276.00 1115.94
WisdomTree Global Equity Income (DEW) 0.2 $296k 6.2k 47.45
Baxter International (BAX) 0.2 $283k 3.8k 73.54
Cisco Systems (CSCO) 0.2 $281k 13k 22.39
Phillips 66 (PSX) 0.2 $289k 3.6k 80.00
Consolidated Edison (ED) 0.2 $263k 4.9k 53.62
Franklin Electric (FELE) 0.2 $268k 6.3k 42.54
Cenovus Energy (CVE) 0.2 $267k 9.2k 28.94
Nike (NKE) 0.2 $276k 3.7k 73.78
E.I. du Pont de Nemours & Company 0.2 $259k 3.8k 67.50
Nextera Energy (NEE) 0.2 $247k 2.6k 95.00
UnitedHealth (UNH) 0.2 $249k 3.0k 82.12
iShares Russell 1000 Value Index (IWD) 0.2 $256k 2.7k 96.39
PowerShares DB Com Indx Trckng Fund 0.2 $246k 9.4k 26.16
iShares Russell 1000 Growth Index (IWF) 0.2 $247k 2.8k 86.70
SPDR S&P Dividend (SDY) 0.2 $250k 3.4k 73.72
iShares S&P MidCap 400 Value Index (IJJ) 0.2 $253k 2.1k 120.12
United Parcel Service (UPS) 0.1 $230k 2.3k 100.00
Apache Corporation 0.1 $238k 2.9k 83.02
Baidu (BIDU) 0.1 $239k 1.6k 152.52
Bank Of Montreal Cadcom (BMO) 0.1 $232k 3.4k 67.44
First Tr Exchange Traded Fd dj glbl divid (FGD) 0.1 $239k 8.6k 27.85
Cincinnati Financial Corporation (CINF) 0.1 $218k 4.5k 48.61
Health Care REIT 0.1 $220k 3.7k 59.46
eBay (EBAY) 0.1 $220k 4.0k 55.29
ArcelorMittal 0.1 $228k 14k 16.12
PowerShares FTSE RAFI US 1000 0.1 $219k 2.6k 84.56
Express Scripts Holding 0.1 $217k 2.9k 75.06
Mondelez Int (MDLZ) 0.1 $229k 6.2k 36.84
Johnson Controls 0.1 $212k 4.6k 46.67
Danaher Corporation (DHR) 0.1 $209k 2.8k 75.00
Freeport-McMoRan Copper & Gold (FCX) 0.1 $207k 6.2k 33.33
Vanguard Short-Term Bond ETF (BSV) 0.1 $200k 2.5k 79.66
Tor Dom Bk Cad (TD) 0.1 $204k 4.3k 47.00
Aberdeen Asia-Pacific Income Fund 0.1 $210k 34k 6.10
First Trust Morningstar Divid Ledr (FDL) 0.1 $203k 9.0k 22.49
Market Vectors Etf Tr mtg reit etf 0.1 $200k 8.1k 24.49
Western Union Company (WU) 0.1 $191k 12k 16.33
Banco Santander (BSBR) 0.1 $146k 26k 5.56
Macatawa Bank Corporation (MCBC) 0.0 $69k 14k 5.01
Western Asst High Incm Opprtnty Fnd (HIO) 0.0 $68k 11k 6.04