Rothschild Investment 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
3M CO COM	COM	88579Y101	2,517	12,797	SH		DFND		0	0	12,797
ABBOTT LABS	COM	002824100	3,585	58,780	SH		DFND		0	0	58,780
ABBVIE INC COM	COM	00287Y109	15,457	166,833	SH		DFND		0	0	166,833
ABRAXAS PETE CORP COM	COM	003830106	32	11,000	SH		DFND		0	0	11,000
AECOM TECH CORP DEL COM	COM	00766t100	2,586	78,295	SH		DFND		0	0	78,295
AEGON N V ORD AMER REG	COM	007924103	122	20,690	SH		DFND		0	0	20,690
AIR PRODUCTS & CHEMICALS	COM	009158106	311	2,000	SH		DFND		0	0	2,000
ALBEMARLE CORP COM	COM	012653101	7,218	76,522	SH		DFND		0	0	76,522
ALLSTATE CORP COM	COM	020002101	1,149	12,589	SH		DFND		0	0	12,589
ALPHABET CLASS-C SHARE	COM	02079k107	8,694	7,793	SH		DFND		0	0	7,793
ALPHABET INC CL A	COM	02079k305	8,451	7,484	SH		DFND		0	0	7,484
ALPS ETF TR ALERIAN MLP	COM	00162q866	175	17,300	SH		DFND		0	0	17,300
ALTRIA GROUP INC	COM	02209S103	543	9,564	SH		DFND		0	0	9,564
AMAZON COM INC COM	COM	023135106	3,558	2,093	SH		DFND		0	0	2,093
AMBIT BIOSCIENCE CONT VAL-POSS	COM	023cvr996	0	25,830	SH		DFND		0	0	25,830
AMEREN CORP COM	COM	023608102	912	14,988	SH		DFND		0	0	14,988
AMERICAN ELECTRIC POWER	COM	025537101	640	9,236	SH		DFND		0	0	9,236
AMERICAN EXPRESS CO	COM	025816109	466	4,755	SH		DFND		0	0	4,755
AMERICAN INTL GROUP INC COM NE	COM	026874784	3,202	60,397	SH		DFND		0	0	60,397
AMERISOURCEBERGEN CORP COM	COM	03073e105	1,377	16,145	SH		DFND		0	0	16,145
AMGEN INC	COM	031162100	12,750	69,070	SH		DFND		0	0	69,070
ANALOG DEVICES INC	COM	032654105	709	7,390	SH		DFND		0	0	7,390
APACHE CORP	COM	037411105	491	10,496	SH		DFND		0	0	10,496
APOLLO GLOBAL MGMT LLC CL A SH	COM	037612306	2,600	81,573	SH		DFND		0	0	81,573
APPLE COMPUTER INC	COM	037833100	25,094	135,563	SH		DFND		0	0	135,563
APPLIED MATERIALS INC	COM	038222105	308	6,675	SH		DFND		0	0	6,675
AQUA AMERICA INC COM	COM	03836W103	848	24,100	SH		DFND		0	0	24,100
ARCOS DORADOS HLDNG IN SHS CLA	COM	g0457f107	83	12,000	SH		DFND		0	0	12,000
ARDMORE SHIPPING CORP COM	COM	y0207t100	82	10,000	SH		DFND		0	0	10,000
ARES CAP CORP COM	COM	04010l103	892	54,227	SH		DFND		0	0	54,227
ASSOCIATED BANCORP	COM	045487105	710	26,000	SH		DFND		0	0	26,000
AT&T INC COM	COM	00206r102	11,895	370,450	SH		DFND		0	0	370,450
AUTOLIV INC COM	COM	052800109	387	2,700	SH		DFND		0	0	2,700
AXALTA COATING SYS LTD COM	COM	g0750c108	249	8,200	SH		DFND		0	0	8,200
BANK OF AMER CORP	COM	060505104	7,336	260,245	SH		DFND		0	0	260,245
BANK OF NEW YORK MELLON CORP C	COM	064058100	311	5,767	SH		DFND		0	0	5,767
BARRICK GOLD CORP	COM	067901108	606	46,175	SH		DFND		0	0	46,175
BAXTER INTERNATIONAL INC	COM	071813109	1,351	18,296	SH		DFND		0	0	18,296
BEMIS INC COM	COM	081437105	509	12,050	SH		DFND		0	0	12,050
BENGUET CORP CL B	COM	081851206	0	10,000	SH		DFND		0	0	10,000
BERKSHIRE HATHAWAY INC CL B	COM	084670702	11,100	59,471	SH		DFND		0	0	59,471
BERKSHIRE HATHAWAY INC DEL	COM	084670108	564	2	SH		DFND		0	0	2
BIOMARIN PHARMACEUTICA COM	COM	09061G101	1,290	13,699	SH		DFND		0	0	13,699
BJS RESTAURANTS INC COM	COM	09180c106	2,875	47,920	SH		DFND		0	0	47,920
BLACKSTONE GROUP L P COM UNIT	COM	09253u108	4,299	133,647	SH		DFND		0	0	133,647
BLACKSTONE MTG TR INC COM CL A	COM	09257w100	494	15,725	SH		DFND		0	0	15,725
BLUEBIRD BIO INC COM	COM	09609g100	1,026	6,540	SH		DFND		0	0	6,540
BOEING COMPANY	COM	097023105	15,250	45,453	SH		DFND		0	0	45,453
BP PLC SPONSORED ADR	COM	055622104	2,188	47,925	SH		DFND		0	0	47,925
BRISTOL MYERS SQUIBB CO	COM	110122108	4,361	78,802	SH		DFND		0	0	78,802
BUNGE LIMITED COM	COM	g16962105	687	9,850	SH		DFND		0	0	9,850
CANADIAN NATL RY CO COM	COM	136375102	2,730	33,397	SH		DFND		0	0	33,397
CANNABIS SCIENCE INC COM	COM	137648101	1	14,000	SH		DFND		0	0	14,000
CARA THERAPEUTICS INC COM	COM	140755109	433	22,600	SH		DFND		0	0	22,600
CARNIVAL CORP	COM	143658300	861	15,023	SH		DFND		0	0	15,023
CARS COM INC COM	COM	14575e105	300	10,554	SH		DFND		0	0	10,554
CATERPILLAR TRACTOR	COM	149123101	696	5,131	SH		DFND		0	0	5,131
CELGENE CORP COM	COM	151020104	6,071	76,444	SH		DFND		0	0	76,444
CHEVRON TEXACO CORP COM	COM	166764100	2,798	22,128	SH		DFND		0	0	22,128
CISCO SYS INC	COM	17275R102	10,255	238,311	SH		DFND		0	0	238,311
CME GROUP INC COM	COM	12572q105	810	4,943	SH		DFND		0	0	4,943
COCA COLA COMPANY	COM	191216100	1,854	42,261	SH		DFND		0	0	42,261
COHEN & STEERS QTY RLY COM	COM	19247L106	469	39,000	SH		DFND		0	0	39,000
COLGATE PALMOLIVE COMPANY	COM	194162103	266	4,110	SH		DFND		0	0	4,110
COMCAST CORPORATION CLASS A	COM	20030n101	559	17,045	SH		DFND		0	0	17,045
COMPUGEN LTD ORD	COM	m25722105	1,371	415,451	SH		DFND		0	0	415,451
CONAGRA BRANDS INC COM	COM	205887102	291	8,154	SH		DFND		0	0	8,154
CONOCOPHILLIPS	COM	20825C104	3,144	45,159	SH		DFND		0	0	45,159
CONSOLIDATED EDISON NEW YORK	COM	209115104	1,442	18,494	SH		DFND		0	0	18,494
CORNING INC	COM	219350105	2,395	87,059	SH		DFND		0	0	87,059
COSTCO WHOLESALE CORP-NEW	COM	22160K105	11,548	55,260	SH		DFND		0	0	55,260
COTY INC COM CL A	COM	222070203	159	11,300	SH		DFND		0	0	11,300
COVANTA HOLDINGS CP	COM	22282e102	2,122	128,584	SH		DFND		0	0	128,584
CUMMINS ENGINE CO INC	COM	231021106	741	5,571	SH		DFND		0	0	5,571
CVS HEALTH CORPORATION	COM	126650100	9,209	143,115	SH		DFND		0	0	143,115
DANAHER CORP DEL COM	COM	235851102	564	5,719	SH		DFND		0	0	5,719
DARDEN RESTAURANTS, INC.	COM	237194105	527	4,920	SH		DFND		0	0	4,920
DEAN FOODS CO NEW COM	COM	242370203	599	56,975	SH		DFND		0	0	56,975
DEERE & COMPANY	COM	244199105	2,213	15,828	SH		DFND		0	0	15,828
DEL TACO RESTAURANTS	COM	245496104	660	46,525	SH		DFND		0	0	46,525
DENTSPLY SIRONA INC COM	COM	24906p109	212	4,840	SH		DFND		0	0	4,840
DIEBOLD INC COM	COM	253651103	753	63,025	SH		DFND		0	0	63,025
DIMECO INC COM	COM	25432w104	225	6,000	SH		DFND		0	0	6,000
DISCOVER FINL SVCS INC	COM	254709108	7,521	106,823	SH		DFND		0	0	106,823
DOLLAR GENERAL CORP	COM	256677105	263	2,671	SH		DFND		0	0	2,671
DOLLAR TREE INC COM	COM	256746108	2,319	27,279	SH		DFND		0	0	27,279
DOMINION RESOURCES INC VA	COM	25746u109	5,195	76,200	SH		DFND		0	0	76,200
DOWDUPONT INC COM	COM	26078j100	13,140	199,339	SH		DFND		0	0	199,339
DUKE ENERGY COMPANY	COM	26441C204	2,929	37,034	SH		DFND		0	0	37,034
DUNKIN BRANDS GRP INC COM	COM	265504100	319	4,615	SH		DFND		0	0	4,615
EDITAS MEDICINE INC COM	COM	28106w103	335	9,350	SH		DFND		0	0	9,350
EDWARDS LIFESCIENCES COM	COM	28176e108	529	3,632	SH		DFND		0	0	3,632
EMERSON ELECTRIC CO	COM	291011104	878	12,706	SH		DFND		0	0	12,706
EOG RES INC COM	COM	26875P101	206	1,655	SH		DFND		0	0	1,655
EQUINIX INC COM NEW	COM	29444U700	302	703	SH		DFND		0	0	703
EXELON CORP	COM	30161N101	1,618	37,977	SH		DFND		0	0	37,977
EXXON MOBIL CORP COM	COM	30231G102	4,147	50,128	SH		DFND		0	0	50,128
FACEBOOK INC CL A	COM	30303m102	1,876	9,655	SH		DFND		0	0	9,655
FEDEX CORP	COM	31428X106	1,013	4,460	SH		DFND		0	0	4,460
FINISAR CORP COM NEW	COM	31787a507	249	13,850	SH		DFND		0	0	13,850
FIRST N B ANCHRAG ALAS COM	COM	32112j106	556	253	SH		DFND		0	0	253
FLEXION THERAPEUTICS I COM	COM	33938j106	412	15,925	SH		DFND		0	0	15,925
FORD MOTOR COMPANY	COM	345370860	693	62,593	SH		DFND		0	0	62,593
FORTIVE CORP COM	COM	34959j108	221	2,867	SH		DFND		0	0	2,867
FRANKLIN RES INC COM	COM	354613101	233	7,255	SH		DFND		0	0	7,255
GENERAL DYNAMICS	COM	369550108	7,444	39,936	SH		DFND		0	0	39,936
GENERAL ELECTRIC CO	COM	369604103	3,593	263,983	SH		DFND		0	0	263,983
GENERAL MTRS CO COM	COM	37045v100	1,867	47,380	SH		DFND		0	0	47,380
GILEAD SCIENCES INC COM	COM	375558103	1,019	14,380	SH		DFND		0	0	14,380
GLAXO SMITHKLINE PLC SPONS ADR	COM	37733w105	1,526	37,866	SH		DFND		0	0	37,866
GOLDMAN SACHS BDC INC SHS	COM	38147u107	278	13,593	SH		DFND		0	0	13,593
GOLDMAN SACHS GROUP COM	COM	38141G104	8,363	37,914	SH		DFND		0	0	37,914
GREAT BASIN GOLD LTD COM	COM	390124105	0	40,000	SH		DFND		0	0	40,000
GREEN CURES & BOTANICL COM NEW	COM	393007208	0	20,000	SH		DFND		0	0	20,000
GW PHARMACEUTICALS PLC ADS	COM	36197T103	2,837	20,332	SH		DFND		0	0	20,332
HALLIBURTON COMPANY	COM	406216101	538	11,936	SH		DFND		0	0	11,936
HANES BRANDS INC COM	COM	410345102	2,328	105,699	SH		DFND		0	0	105,699
HCA HOLDINGS INC COM	COM	40412c101	3,091	30,125	SH		DFND		0	0	30,125
HOME DEPOT INC	COM	437076102	2,291	11,743	SH		DFND		0	0	11,743
HONEYWELL INTL	COM	438516106	6,399	44,423	SH		DFND		0	0	44,423
HUNT JB TRANS SVC INC COM	COM	445658107	6,055	49,815	SH		DFND		0	0	49,815
ILLINOIS TOOL WORKS	COM	452308109	3,187	23,006	SH		DFND		0	0	23,006
ING GROEP N V SPONSORED ADR	COM	456837103	290	20,250	SH		DFND		0	0	20,250
INPHI CORP COM	COM	45772f107	621	19,050	SH		DFND		0	0	19,050
INTEL CORPORATION	COM	458140100	6,434	129,435	SH		DFND		0	0	129,435
INTERCEPT PHARMACEUTIC COM	COM	45845p108	377	4,490	SH		DFND		0	0	4,490
INTERNATIONAL BUSINESS MACHINE	COM	459200101	2,964	21,215	SH		DFND		0	0	21,215
INTERNATIONAL PAPER CO	COM	460146103	961	18,460	SH		DFND		0	0	18,460
INTUITIVE SURGICAL INC COM NEW	COM	46120e602	574	1,200	SH		DFND		0	0	1,200
INVESCO ETF TR GLOBAL LISTED P	COM	46137V589	168	14,000	SH		DFND		0	0	14,000
INVESCO ETF TR II RUSSELL 1000	COM	46138E420	705	22,171	SH		DFND		0	0	22,171
INVESCO LTD SHS	COM	g491bt108	355	13,380	SH		DFND		0	0	13,380
ISHARES INC MSCI JAPAN	COM	46434g822	279	4,825	SH		DFND		0	0	4,825
ISHARES TR MSCI EAFE IDX	COM	464287465	3,560	53,158	SH		DFND		0	0	53,158
ISHARES TR MSCI EMERG MKT	COM	464287234	414	9,545	SH		DFND		0	0	9,545
ISHARES TR RUSL 2000 GROW	COM	464287648	2,207	10,800	SH		DFND		0	0	10,800
ISHARES TR RUSSELL1000GRW	COM	464287614	2,274	15,817	SH		DFND		0	0	15,817
J P MORGAN CHASE & CO COM	COM	46625h100	16,310	156,529	SH		DFND		0	0	156,529
JOHNSON & JOHNSON	COM	478160104	5,789	47,708	SH		DFND		0	0	47,708
JOHNSON CONTROLS INTL PLC SHS	COM	g51502105	294	8,784	SH		DFND		0	0	8,784
KIMBERLY CLARK CORP	COM	494368103	277	2,625	SH		DFND		0	0	2,625
KIMCO RLTY CORP COM	COM	49446R109	317	18,660	SH		DFND		0	0	18,660
KINDER MORGAN INC DEL COM	COM	49456b101	1,295	73,275	SH		DFND		0	0	73,275
KOHLS CORP	COM	500255104	402	5,520	SH		DFND		0	0	5,520
KRANESHARES TR CSI CHI INTERNE	COM	500767306	1,409	23,650	SH		DFND		0	0	23,650
KROGER CO	COM	501044101	407	14,290	SH		DFND		0	0	14,290
LAS VEGAS SANDS CORP COM	COM	517834107	9,774	128,002	SH		DFND		0	0	128,002
LHC GROUP INC COM	COM	50187a107	1,909	22,300	SH		DFND		0	0	22,300
LILLY ELI & COMPANY	COM	532457108	1,384	16,224	SH		DFND		0	0	16,224
LINCOLN NATL CORP IND COM	COM	534187109	508	8,160	SH		DFND		0	0	8,160
LOCKHEED MARTIN CORP	COM	539830109	1,219	4,126	SH		DFND		0	0	4,126
LOUISIANA PAC CORP COM	COM	546347105	1,805	66,326	SH		DFND		0	0	66,326
LOWES COS INC COM	COM	548661107	2,566	26,850	SH		DFND		0	0	26,850
LYONDELLBASELL INDUSTR SHS - A	COM	N53745100	1,250	11,375	SH		DFND		0	0	11,375
MACYS INC COM	COM	55616p104	999	26,680	SH		DFND		0	0	26,680
MARRIOTT INTL INC COM	COM	571903202	589	4,649	SH		DFND		0	0	4,649
MARVELL TECH GROUP LTD ORD	COM	g5876h105	310	14,436	SH		DFND		0	0	14,436
MASTERCARD INC COM	COM	57636q104	3,802	19,345	SH		DFND		0	0	19,345
MB FINL INC COM	COM	55264u108	841	18,011	SH		DFND		0	0	18,011
MCDONALDS CORPORATION	COM	580135101	3,930	25,082	SH		DFND		0	0	25,082
MEDICAL PPTYS TR INC COM	COM	58463j304	393	28,000	SH		DFND		0	0	28,000
MEDTRONIC PLC SHS	COM	g5960l103	1,378	16,097	SH		DFND		0	0	16,097
MELLANOX TECH LTD SHS	COM	m51363113	2,221	26,345	SH		DFND		0	0	26,345
MERCK & COMPANY INC.	COM	58933y105	3,603	59,361	SH		DFND		0	0	59,361
METLIFE INC COM	COM	59156r108	3,460	79,361	SH		DFND		0	0	79,361
MICROSOFT CORP	COM	594918104	12,108	122,783	SH		DFND		0	0	122,783
MONDELEZ INTL INC CL A	COM	609207105	346	8,444	SH		DFND		0	0	8,444
MONROE CAP CORP COM	COM	610335101	1,256	93,150	SH		DFND		0	0	93,150
MORGAN STANLEY COM NEW	COM	617446448	1,401	29,554	SH		DFND		0	0	29,554
MYLAN N V SHS EURO	COM	n59465109	300	8,310	SH		DFND		0	0	8,310
NEW MTN FIN CORP COM	COM	647551100	456	33,544	SH		DFND		0	0	33,544
NEWELL BRAND INC.	COM	651229106	1,333	51,680	SH		DFND		0	0	51,680
NEXTERA ENERGY INC COM	COM	65339F101	695	4,158	SH		DFND		0	0	4,158
NIKE INC CLASS B	COM	654106103	760	9,539	SH		DFND		0	0	9,539
NISOURCE INC. COM	COM	65473p105	555	21,136	SH		DFND		0	0	21,136
NORDSTROM INC	COM	655664100	304	5,869	SH		DFND		0	0	5,869
NORFOLK SOUTHERN CORP	COM	655844108	1,719	11,392	SH		DFND		0	0	11,392
NORTHERN TRUST CORPORATION	COM	665859104	608	5,910	SH		DFND		0	0	5,910
NOVARTIS A G SPONSORED ADR	COM	66987V109	1,330	17,600	SH		DFND		0	0	17,600
NUCOR CORP	COM	670346105	8,609	137,745	SH		DFND		0	0	137,745
NVIDIA CORP COM	COM	67066G104	1,765	7,450	SH		DFND		0	0	7,450
OCCIDENTAL PETE CORP	COM	674599105	308	3,678	SH		DFND		0	0	3,678
OLD REP INTL CORP	COM	680223104	839	42,135	SH		DFND		0	0	42,135
OLD SECOND BANCORP INC COM	COM	680277100	795	55,202	SH		DFND		0	0	55,202
ORACLE SYS CORP	COM	68389X105	2,077	47,138	SH		DFND		0	0	47,138
OWENS CORNING NEW COM	COM	690742101	4,715	74,406	SH		DFND		0	0	74,406
PALO ALTO NETWORKS INC COM	COM	697435105	7,730	37,620	SH		DFND		0	0	37,620
PEPSICO INC	COM	713448108	1,428	13,112	SH		DFND		0	0	13,112
PETMED EXPRESS INC COM	COM	716382106	299	6,790	SH		DFND		0	0	6,790
PFIZER INC	COM	717081103	8,744	241,001	SH		DFND		0	0	241,001
PHILIP MORRIS INTL INC COM	COM	718172109	666	8,244	SH		DFND		0	0	8,244
PHILLIPS 66 COM	COM	718546104	2,276	20,265	SH		DFND		0	0	20,265
PINNACLE WEST CAPITAL CORP USD	COM	723484101	966	11,987	SH		DFND		0	0	11,987
PITNEY BOWES INC	COM	724479100	389	45,379	SH		DFND		0	0	45,379
PORTOLA PHARMACEUTICAL COM	COM	737010108	478	12,650	SH		DFND		0	0	12,650
POTBELLY CORP COM	COM	73754y100	303	23,370	SH		DFND		0	0	23,370
PPG INDS INC COM	COM	693506107	436	4,203	SH		DFND		0	0	4,203
PPL CORPORATION	COM	69351T106	692	24,250	SH		DFND		0	0	24,250
PRAXAIR INC	COM	74005P104	1,282	8,109	SH		DFND		0	0	8,109
PRICE T ROWE GROUP INC COM	COM	74144t108	553	4,768	SH		DFND		0	0	4,768
PROCTER & GAMBLE CO	COM	742718109	3,489	44,693	SH		DFND		0	0	44,693
PROGRESSIVE CORP OHIO	COM	743315103	2,366	40,000	SH		DFND		0	0	40,000
QRS MUSIC TECHNOLOGIES COM	COM	74726W107	3	21,667	SH		DFND		0	0	21,667
QUALCOMM INC	COM	747525103	10,288	183,327	SH		DFND		0	0	183,327
RALPH LAUREN CORP CL A	COM	751212101	1,787	14,213	SH		DFND		0	0	14,213
RAYTHEON CO	COM	755111507	1,177	6,092	SH		DFND		0	0	6,092
ROYAL CARIBBEAN CRUISE COM	COM	V7780T103	8,281	79,935	SH		DFND		0	0	79,935
RSTK FUTUREWORLD CORP COM	COM	36117m105	0	200,000	SH		DFND		0	0	200,000
SCHLUMBERGER	COM	806857108	7,417	110,654	SH		DFND		0	0	110,654
SEAGATE TECHNOLOGY SHS	COM	g7945j104	1,260	22,320	SH		DFND		0	0	22,320
SEATTLE GENETICS INC COM	COM	812578102	211	3,175	SH		DFND		0	0	3,175
SEMPRA ENERGY COM	COM	816851109	265	2,283	SH		DFND		0	0	2,283
SENSIENT TECH CORP COM	COM	81725T100	204	2,850	SH		DFND		0	0	2,850
SHERWIN WILLIAMS CO	COM	824348106	353	866	SH		DFND		0	0	866
SHIRE LTD SHS	COM	g8124v108	222	3,935	SH		DFND		0	0	3,935
SIGNET JEWELERS LTD SHS	COM	g81276100	1,944	34,875	SH		DFND		0	0	34,875
SOUTHERN COMPANY	COM	842587107	1,070	23,103	SH		DFND		0	0	23,103
SOUTHWEST AIRLS CO	COM	844741108	205	4,024	SH		DFND		0	0	4,024
SPDR S&P 500 ETF TR UNIT SER 1	COM	78462F103	2,675	9,862	SH		DFND		0	0	9,862
SPDR SER TR S&P HOMEBUILDERS E	COM	78464a888	475	12,000	SH		DFND		0	0	12,000
SPDR SERIES TRUST S&P REGL BKG	COM	78464a698	1,702	27,900	SH		DFND		0	0	27,900
SPROTT FOCUS TR INC COM	COM	85208j109	147	18,844	SH		DFND		0	0	18,844
STANLEY BLACK & DECKER COM	COM	854502101	2,809	21,152	SH		DFND		0	0	21,152
STARBUCKS CORP COM	COM	855244109	385	7,879	SH		DFND		0	0	7,879
STARWOOD PPTY TR INC COM	COM	85571b105	5,808	267,520	SH		DFND		0	0	267,520
STATE STREET BOSTON CORP	COM	857477103	745	8,000	SH		DFND		0	0	8,000
STEWARDSHIP FINL CORP COM	COM	860326107	396	34,000	SH		DFND		0	0	34,000
STRYKER CORP	COM	863667101	684	4,050	SH		DFND		0	0	4,050
SYSCO CORP	COM	871829107	927	13,576	SH		DFND		0	0	13,576
TARGET CORP COM	COM	87612E106	2,505	32,905	SH		DFND		0	0	32,905
TE CONNECTIVITY LTD	COM	H84989104	935	10,378	SH		DFND		0	0	10,378
TEGNA INC	COM	87901j105	365	33,601	SH		DFND		0	0	33,601
THERMO FISHER SCIENTIFIC	COM	883556102	11,547	55,747	SH		DFND		0	0	55,747
TILLYS INC CL A	COM	886885102	976	64,400	SH		DFND		0	0	64,400
TOWN SPORTS INTL HLDGS COM	COM	89214a102	3,285	225,775	SH		DFND		0	0	225,775
TRAVELERS COS INC COM	COM	89417E109	406	3,319	SH		DFND		0	0	3,319
U S G CORP COM NEW	COM	903293405	1,416	32,850	SH		DFND		0	0	32,850
UNION PACIFIC CORPORATION	COM	907818108	494	3,487	SH		DFND		0	0	3,487
UNITED PARCEL SERVICE CL B	COM	911312106	7,868	74,066	SH		DFND		0	0	74,066
UNITED TECHNOLOGIES CORP	COM	913017109	2,831	22,644	SH		DFND		0	0	22,644
UNIVERSAL HEALTH RLTY INCOME S	COM	91359E105	403	6,300	SH		DFND		0	0	6,300
UNIVERSAL HLTH SVCS CL B	COM	913903100	2,229	20,000	SH		DFND		0	0	20,000
US BANCORP DEL COM	COM	902973304	980	19,598	SH		DFND		0	0	19,598
VANGUARD FTSE EMERGING MARKETS	COM	922042858	233	5,515	SH		DFND		0	0	5,515
VANGUARD INDEX FDS	COM	922908363	203	814	SH		DFND		0	0	814
VANGUARD INDEX FDS EXTEND MKT	COM	922908652	2,378	20,190	SH		DFND		0	0	20,190
VANGUARD INDEX FDS REIT ETF	COM	922908553	1,194	14,665	SH		DFND		0	0	14,665
VANGUARD INDEX TR STK MRK VIPE	COM	922908769	234	1,668	SH		DFND		0	0	1,668
VANGUARD INTL EQUITY I TT WRLD	COM	922042742	649	8,850	SH		DFND		0	0	8,850
VANGUARD SPECIALIZED DIV APP E	COM	921908844	5,179	50,961	SH		DFND		0	0	50,961
VECTOR GROUP LTD COM	COM	92240M108	804	42,153	SH		DFND		0	0	42,153
VENTAS INC COM	COM	92276F100	3,685	64,705	SH		DFND		0	0	64,705
VERIZON COMMUNICATIONS COM	COM	92343v104	10,960	217,856	SH		DFND		0	0	217,856
VISA INC COM CL A	COM	92826c839	6,503	49,101	SH		DFND		0	0	49,101
VODAFONE GROUP PLC NEW	COM	92857w308	592	24,352	SH		DFND		0	0	24,352
WAL MART STORES INC	COM	931142103	3,619	42,254	SH		DFND		0	0	42,254
WALGREEN BOOTS ALLIANCE INC CO	COM	931427108	4,639	77,294	SH		DFND		0	0	77,294
WALT DISNEY PRODUCTIONS	COM	254687106	4,342	41,429	SH		DFND		0	0	41,429
WASHINGTON PRIME GROUP NEW COM	COM	93964w108	131	16,202	SH		DFND		0	0	16,202
WASTE CONNECTIONS INC (ONTARIO	COM	94106b101	2,259	30,000	SH		DFND		0	0	30,000
WASTE MGMT INC COM	COM	94106L109	1,218	14,977	SH		DFND		0	0	14,977
WEC ENERGY GROUP INC COM	COM	92939u106	1,609	24,883	SH		DFND		0	0	24,883
WELLS FARGO & COMPANY	COM	949746101	906	16,342	SH		DFND		0	0	16,342
WESTERN DIGITAL CORP	COM	958102105	1,125	14,532	SH		DFND		0	0	14,532
WILLIAMS COS INC DEL COM	COM	969457100	411	15,155	SH		DFND		0	0	15,155
WISDOMTREE INVTS INC COM	COM	97717p104	517	56,926	SH		DFND		0	0	56,926
WISDOMTREE TRUST EMG MKTS SMCA	COM	97717w281	284	5,963	SH		DFND		0	0	5,963
ZEBRA TECHNOLOGIES CP CL A	COM	989207105	509	3,555	SH		DFND		0	0	3,555
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	11,036	99,035	SH		DFND		0	0	99,035
ZIONS BANCORP	COM	989701107	277	5,261	SH		DFND		0	0	5,261
ZYNERBA PHARMACEUTICAL COM	COM	98986x109	160	16,450	SH		DFND		0	0	16,450
ABB LTD SPONSORED ADR	ADR	000375204	208	9,550	SH		DFND		0	0	9,550
ALIBABA GROUP HLDG LTD SPONSOR	ADR	01609w102	1,207	6,504	SH		DFND		0	0	6,504
BAIDU COM INC SPON ADR REP A	ADR	056752108	1,191	4,902	SH		DFND		0	0	4,902
CTRIP COM INTL LTD ADR	ADR	22943f100	712	14,959	SH		DFND		0	0	14,959
MELCO PBL ENTMNT LTD ADR	ADR	585464100	202	7,200	SH		DFND		0	0	7,200
MS&AD INS GROUP HLDGS ADR	ADR	553491101	745	48,600	SH		DFND		0	0	48,600
ROYAL DUTCH SHELL B	ADR	780259107	502	6,904	SH		DFND		0	0	6,904
ROYAL DUTCH SHELL PLC SPONS AD	ADR	780259206	283	4,094	SH		DFND		0	0	4,094
SAFRAN S A SPON ADR	ADR	786584102	659	21,800	SH		DFND		0	0	21,800
SANOFI SPONSORED ADR	ADR	80105n105	249	6,220	SH		DFND		0	0	6,220
SHIRE PHARMCTL GRP PLC SPONSOR	ADR	82481r106	1,169	6,924	SH		DFND		0	0	6,924
TAIWAN SEMICONDUCTOR SPONSORED	ADR	874039100	348	9,532	SH		DFND		0	0	9,532
TENCENT HLDGS LTD ADR	ADR	88032q109	671	13,347	SH		DFND		0	0	13,347
TOYOTA MOTOR CORP SP ADR REP2C	ADR	892331307	373	2,895	SH		DFND		0	0	2,895
UNILEVER PLC SPON ADR NEW	ADR	904767704	323	5,845	SH		DFND		0	0	5,845
ADVISORS SER TR POPLAR FRST CO	MF	00770x535	9,199	341,350	SH		DFND		0	0	341,350
ALLIANCEBERNSTEIN HIGH ADVISOR	MF	01859m408	210	25,062	SH		DFND		0	0	25,062
AMER INTL GRW & INC CL F-1 SHS	MF	45956t402	237	7,112	SH		DFND		0	0	7,112
AMERICAN BALANCED FD CL F	MF	024071409	1,584	58,408	SH		DFND		0	0	58,408
AMERICAN BALANCED FD SHS F-2 C	MF	024071821	1,246	45,938	SH		DFND		0	0	45,938
AMERICAN BALANCED FUND CL A	MF	024071102	650	23,944	SH		DFND		0	0	23,944
AMERICAN DEV WRLD GRWTH INC CL	MF	02630f407	481	47,610	SH		DFND		0	0	47,610
AMERICAN DEV WRLD GRWTH&INC FD	MF	02630f506	8,064	797,597	SH		DFND		0	0	797,597
AMERICAN FDS GLOBAL BA CL F3	MF	02629w775	333	10,419	SH		DFND		0	0	10,419
AMERICAN FDS PORTFOLIO BALANCE	MF	02630y224	524	35,398	SH		DFND		0	0	35,398
AMERICAN FDS PORTFOLIO GLOBL G	MF	02630r567	362	21,037	SH		DFND		0	0	21,037
AMERICAN FDS PORTFOLIO GRW & I	MF	02630r609	715	46,913	SH		DFND		0	0	46,913
AMERICAN FDS RETIREMEN RETIRMN	MF	02631l718	182	15,883	SH		DFND		0	0	15,883
AMERICAN FDS TARGET DA 2030 TR	MF	02631v500	369	25,228	SH		DFND		0	0	25,228
AMERICAN FUNDS DEV WLD GRWTH &	MF	02630f779	579	57,262	SH		DFND		0	0	57,262
AMERICAN HIGH-INCOME M SHS CL	MF	026545608	230	14,586	SH		DFND		0	0	14,586
BLACKROCK FDS III LIFPT2025 IN	MF	066923848	300	22,766	SH		DFND		0	0	22,766
BRANDES INVT TR EMRGN MKT VAL	MF	105262752	632	72,872	SH		DFND		0	0	72,872
CALAMOS INVT TR NEW GLBL CONV	MF	128120722	124	11,145	SH		DFND		0	0	11,145
CAPITAL INCOME BLDR FD CL F	MF	140193400	4,211	70,265	SH		DFND		0	0	70,265
CAPITAL INCOME BLDR FD CL F 3	MF	140193780	1,486	24,795	SH		DFND		0	0	24,795
CAPITAL INCOME BLDR IN SHS CL	MF	140194101	5,452	91,031	SH		DFND		0	0	91,031
CAPITAL INCOME BUILDERS FD SH	MF	140193103	497	8,293	SH		DFND		0	0	8,293
CAPITAL WORLD GRW&INCM CL F	MF	140543406	1,832	36,144	SH		DFND		0	0	36,144
CAPITAL WORLD GRW&INCM CL F-2	MF	140543828	1,018	20,052	SH		DFND		0	0	20,052
CAPITAL WORLD GRWTH AND INC FD	MF	140543117	230	4,524	SH		DFND		0	0	4,524
DFA INVT DIMENSIONS GR EMER MK	MF	233203421	237	11,197	SH		DFND		0	0	11,197
DFA INVT DIMENSIONS GR EMERGIN	MF	233203785	260	9,263	SH		DFND		0	0	9,263
DNP SELECT INCOME FD INC COM	MF	23325P104	311	28,873	SH		DFND		0	0	28,873
DODGE & COX STK FD COM	MF	256219106	302	1,496	SH		DFND		0	0	1,496
EATON VANCE GROWTH TR ATL CAPT	MF	277902698	248	7,035	SH		DFND		0	0	7,035
EUROPACIFIC GROWTH FD SHS CL F	MF	29875e100	417	7,811	SH		DFND		0	0	7,811
FRANKLIN CUSTODIAN FDS INCOME	MF	353496631	49	21,279	SH		DFND		0	0	21,279
FUNDAMENTAL INVESTORS CL F3	MF	360802771	382	6,099	SH		DFND		0	0	6,099
FUNDAMENTAL INVS INC CL F	MF	360802409	218	3,482	SH		DFND		0	0	3,482
GRANDEUR PEAK EMERGING MKTS OP	MF	31761R401	2,464	198,410	SH		DFND		0	0	198,410
GRANDEUR PEAK GLBL STALWARTS C	MF	31761r773	3,932	256,999	SH		DFND		0	0	256,999
GRANDEUR PEAK GLOBAL OPP FD IN	MF	317609360	4,419	1,104,868	SH		DFND		0	0	1,104,868
GRANDEUR PEAK INTL STALWARTS C	MF	31761r757	3,403	218,282	SH		DFND		0	0	218,282
INCOME FD AMER INC CL F-2	MF	453320822	216	9,507	SH		DFND		0	0	9,507
INCOME FD AMER INC CL F3	MF	453320772	318	14,021	SH		DFND		0	0	14,021
INTERNATIONAL GROWTH I CL F 3	MF	45956t774	203	6,098	SH		DFND		0	0	6,098
INTERNATIONAL GRW & IN CL A SH	MF	45956t105	229	6,889	SH		DFND		0	0	6,889
INTERNATIONAL GRW & IN CL F-2	MF	45956t501	356	10,712	SH		DFND		0	0	10,712
INVESCO GLBL HLTH CARE FD CL A	MF	00141T106	212	5,770	SH		DFND		0	0	5,770
INVESTMENT CO AMER CL F	MF	461308405	380	9,435	SH		DFND		0	0	9,435
MARKETFIELD FUND CLASS I	MF	89834e245	247	14,721	SH		DFND		0	0	14,721
MASSACHUSETTS INVS TR SH BEN I	MF	575736103	401	12,373	SH		DFND		0	0	12,373
MUTUAL FD SER TR ALPHACENTRIC	MF	62827m144	797	64,802	SH		DFND		0	0	64,802
NEW PERSPECTIVE FD INC CL F3	MF	648018778	656	14,536	SH		DFND		0	0	14,536
NEW PERSPECTIVE FD INC COM CL	MF	648018109	367	8,141	SH		DFND		0	0	8,141
OPPENHEIMER INTL S CO CL A	MF	68380u100	1,012	19,252	SH		DFND		0	0	19,252
OPPENHEIMER STEELPATH MLP INC	MF	858268600	149	25,332	SH		DFND		0	0	25,332
OPPENHEIMER STEELPTH MLP SEL 4	MF	858268105	239	30,358	SH		DFND		0	0	30,358
OPPENHEIMER STRATEG FD INCOME	MF	68380K102	88	23,594	SH		DFND		0	0	23,594
PIMCO FDS STOCKSPL SM INST	MF	72201f797	122	10,804	SH		DFND		0	0	10,804
PIONEER MLT-ASST ULTRASHT INC	MF	72388e605	200	20,055	SH		DFND		0	0	20,055
POPLAR FOREST PARTNERS FD CL A	MF	00768D814	897	18,088	SH		DFND		0	0	18,088
POPLAR FOREST PARTNERS INSTITU	MF	00768d798	15,437	310,720	SH		DFND		0	0	310,720
ROWE T PRICE DIVID GRW COM	MF	779546100	324	7,404	SH		DFND		0	0	7,404
SEQUOIA FD INC COM	MF	817418106	236	1,305	SH		DFND		0	0	1,305
THE GROWTH FD OF AMERICA CL F3	MF	399874775	415	7,669	SH		DFND		0	0	7,669
VANGUARD SPECIALIZED HEALTHCAR	MF	921908885	266	3,127	SH		DFND		0	0	3,127
YORKTOWN MID CAP FD INSTITUTIO	MF	028837664	1,064	98,986	SH		DFND		0	0	98,986
COLUMBIA ETF TR II EMRG MARKET	EXCH	19762b509	393	16,141	SH		DFND		0	0	16,141
INVESCO ETF TR II FTSE RAFI DE	EXCH	46138E743	570	13,268	SH		DFND		0	0	13,268
INVESCO ETF TRUST FTSE RAFI US	EXCH	46137V613	1,976	17,549	SH		DFND		0	0	17,549
INVESCO QQQ TR UNIT SER 1	EXCH	46090E103	5,747	33,480	SH		DFND		0	0	33,480
ISHARES TR RUSSELL 2000	EXCH	464287655	5,462	33,352	SH		DFND		0	0	33,352
ISHARES TR RUSSELL1000VAL	EXCH	464287598	544	4,483	SH		DFND		0	0	4,483
SELECT SECTOR SPDR TR SBI INT-	EXCH	81369y605	3,173	119,314	SH		DFND		0	0	119,314
SPDR S&P MIDCAP 400 ETF TR UNI	EXCH	78467y107	14,241	40,112	SH		DFND		0	0	40,112
SPIDER GOLD TR SHS	EXCH	78463V107	255	2,150	SH		DFND		0	0	2,150
WISDOMTREE TR EMERGING MKTS YL	EXCH	97717w315	1,076	25,100	SH		DFND		0	0	25,100
WISDOMTREE TR EUROPE HEDGED EQ	EXCH	97717x701	1,823	28,867	SH		DFND		0	0	28,867
WISDOMTREE TRUST DEFA FD	EXCH	97717w703	268	5,085	SH		DFND		0	0	5,085
ALLIANZ FDS ALGI INCMGRINST	BAL MF	018920512	330	28,140	SH		DFND		0	0	28,140
AMERICAN BALANCED FD CL F3	BAL MF	024071771	696	25,650	SH		DFND		0	0	25,650
AMERICAN FDS GRWTH & INC PORTF	BAL MF	02630r351	221	14,491	SH		DFND		0	0	14,491
AMERICAN FDS MODERATE GRWTH &	BAL MF	02630q106	506	34,207	SH		DFND		0	0	34,207
FRANKLIN INCOME FD CL A	BAL MF	353496300	52	22,699	SH		DFND		0	0	22,699
ALLIANCEBERNSTEIN HLDGS LP UNI	LP	01881g106	1,415	49,570	SH		DFND		0	0	49,570
ENBRIDGE ENERGY PRTNRS COM	LP	29250r106	333	30,500	SH		DFND		0	0	30,500
ENTERPRISE PRODS PARTNERS LP C	LP	293792107	1,799	65,026	SH		DFND		0	0	65,026
KKR & CO INC CL A	LP	48251w104	1,137	45,748	SH		DFND		0	0	45,748
MAGELLAN MIDSTREAM PARTNERS LP	LP	559080106	2,632	38,100	SH		DFND		0	0	38,100
PLAINS ALL AM PIPELINE UNIT LT	LP	726503105	298	12,600	SH		DFND		0	0	12,600
ALLIANZGI EQUITY & CONVERTIBLE	CLE FDS	018829101	766	34,436	SH		DFND		0	0	34,436
EATON VANCE TXMG GLOBAL OPPORT	CLE FDS	27829c105	409	34,662	SH		DFND		0	0	34,662
ROYCE GLOBAL VALUE TR INC COM	CLE FDS	78081t104	657	62,536	SH		DFND		0	0	62,536
ROYCE VALUE TR INC COM	CLE FDS	780910105	3,171	200,724	SH		DFND		0	0	200,724
TEMPLETON DRAGON FUND INC	CLE INTL	88018T101	421	19,740	SH		DFND		0	0	19,740