First Foundation Advisors 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
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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	863	4,146	SH		SOLE		4,139	0	7
Abbott Laboratories	COM	002824100	482	9,912	SH		SOLE		4,404	0	5,508
AbbVie Inc	COM	00287y109	1,061	14,635	SH		SOLE		9,411	0	5,224
Accenture PLC	SHS CLASS A	g1151c101	574	4,644	SH		SOLE		3,374	0	1,270
Activision Blizzard Inc	COM	00507v109	2,160	37,521	SH		SOLE		36,790	0	731
Advance Auto Parts Inc	COM	00751y106	964	8,269	SH		SOLE		496	0	7,773
Aflac Inc	COM	001055102	214	2,759	SH		SOLE		1,628	0	1,131
Alaska Air Group	COM	011659109	271	3,014	SH		SOLE		2,000	0	1,014
Alexandria Real Est Pfd Conv Series D 7	PFD CONV SER D	015271505	2,346	64,896	SH		SOLE		59,057	0	5,839
Alexandria Real Estate Equitie	COM	015271109	2,738	22,730	SH		SOLE		22,690	0	40
Alibaba Group Holding Inc	SPONSORED ADR	01609w102	5,265	37,366	SH		SOLE		37,366	0	0
Allergan PLC	SHS	g0177j108	37,491	154,227	SH		SOLE		137,782	0	16,445
Allergan PLC	SHS	g0177j108	2,432	10,005	SH		DFND	1	10,005	0	0
Allergan plc, 5.50	PFD CONV SER A	g0177j116	4,392	5,063	SH		SOLE		4,528	0	535
Allergan plc, 5.50	PFD CONV SER A	g0177j116	1,041	1,200	SH		DFND	1	1,200	0	0
Allianzgi Convertible & Income	COM	018825109	95	15,260	SH		SOLE		15,260	0	0
Alphabet Inc Class A	CAP STK CL A	02079k305	3,246	3,492	SH		SOLE		2,222	0	1,270
Alphabet Inc Class A	CAP STK CL A	02079k305	540	581	SH		DFND	1	581	0	0
Alphabet Inc Class C	CAP STK CK C	02079k107	37,739	41,530	SH		SOLE		36,928	0	4,602
Alphabet Inc Class C	CAP STK CK C	02079k107	1,696	1,866	SH		DFND	1	1,866	0	0
Altria Group Inc	COM	02209s103	34,215	459,449	SH		SOLE		408,714	0	50,735
Amazon.com Inc	COM	023135106	8,601	8,885	SH		SOLE		8,597	0	288
Amgen Inc	COM	031162100	630	3,656	SH		SOLE		3,491	0	165
Anheuser-Busch InBev NV ADR	SPONSORED ADR	03524a108	17,373	157,417	SH		SOLE		140,323	0	17,094
Aon plc	SHS CL A	G0408V102	2,518	18,943	SH		SOLE		18,933	0	10
Apple Inc	COM	037833100	11,876	82,463	SH		SOLE		73,222	0	9,242
AT&T Inc	COM	00206r102	1,680	44,539	SH		SOLE		39,167	0	5,373
Bank of America Corp	COM	060505104	912	37,602	SH		SOLE		36,859	0	743
Bank of America Non-Cumulative	7.25%CNV PFD L	060505682	1,375	1,089	SH		SOLE		936	0	153
Bank of America Non-Cumulative	7.25%CNV PFD L	060505682	385	305	SH		DFND	1	305	0	0
Bank of New York Mellon Co	COM	064058100	35,305	691,993	SH		SOLE		608,288	0	83,705
Baxter International Inc	COM	071813109	209	3,448	SH		SOLE		1,026	0	2,422
Berkshire Hathaway CL A	CL A	084670108	5,094	20	SH		SOLE		20	0	0
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	43,674	257,859	SH		SOLE		226,633	0	31,226
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	1,648	9,730	SH		DFND	1	9,730	0	0
BioMarin Pharmaceutical Inc	COM	09061g101	18	195	SH		SOLE		185	0	10
BioMarin Pharmaceutical Inc	COM	09061g101	755	8,310	SH		DFND	1	8,310	0	0
BlackRock Core Bond Trust	SHS BEN INT	09249e101	2,176	156,800	SH		SOLE		147,428	0	9,371
BlackRock Credit Allocation In	COM	092508100	2,643	196,520	SH		SOLE		185,668	0	10,853
Blackrock Floating Rate Income	COM	09255x100	3,995	283,770	SH		SOLE		260,820	0	22,950
Blackrock Floating Rate Income	COM	091941104	180	12,908	SH		SOLE		12,908	0	0
BlackRock Inc Co	COM	09247X101	20,001	47,349	SH		SOLE		41,993	0	5,356
Blackrock Ltd Duration	COM SHS	09249w101	4,326	274,126	SH		SOLE		254,959	0	19,167
Blackrock Multi-Sector Income	COM	09258A107	2,620	144,489	SH		SOLE		131,516	0	12,972
Blackrock Muniholdings CA Insu	COM	09254l107	1,441	99,889	SH		SOLE		77,947	0	21,942
Blackrock Muniyield CA Insured	COM	09254n103	198	13,165	SH		SOLE		13,165	0	0
Blackrock Target Trm Tr	COM SHS BEN IN	09257p105	2,168	93,697	SH		SOLE		70,779	0	22,918
Blackrock Taxable Municipal Bo	SHS	09248x100	1,299	56,705	SH		SOLE		54,998	0	1,707
Blackrock Taxable Municipal Bo	SHS	09248x100	1,541	67,270	SH		DFND	1	67,270	0	0
Boeing Co	COM	097023105	1,155	5,840	SH		SOLE		5,540	0	300
Bofi Holding Inc	COM	05566u108	1,139	48,000	SH		SOLE		48,000	0	0
Bristol Myers Squibb Co	COM	110122108	2,685	48,188	SH		SOLE		40,799	0	7,389
British American Tobacco PLC A	SPONSORED ADR	110448107	21,748	317,300	SH		SOLE		286,379	0	30,921
Broadcom Ltd	SHS	y09827109	3,294	14,136	SH		SOLE		13,967	0	169
Brookfield Real Assets Income	SHS BEN INT	112830104	473	20,427	SH		SOLE		19,186	0	1,241
Brown Forman Corp Class B With	CL B	115637209	2,040	41,966	SH		SOLE		37,719	0	4,247
Cardiovascular Systems Inc	COM	141619106	521	16,175	SH		SOLE		16,175	0	0
Carter's Inc	COM	146229109	413	4,639	SH		SOLE		406	0	4,233
Celgene Corp	COM	151020104	3,207	24,691	SH		SOLE		24,359	0	332
CenturyLink Inc	COM	156700106	3,336	139,716	SH		SOLE		126,792	0	12,924
Charles Schwab Corp	COM	808513105	1,940	45,165	SH		SOLE		44,177	0	988
Chevron Corp	COM	166764100	1,804	17,293	SH		SOLE		16,525	0	768
Cigna Corp	COM	125509109	344	2,056	SH		SOLE		1,886	0	170
Cisco Systems Inc	COM	17275R102	2,250	71,886	SH		SOLE		39,916	0	31,970
Citi A Warrants Exp 01/04/19	*W EXP 01/04/201	172967226	3	18,985	SH		SOLE		18,985	0	0
Citigroup Inc	COM NEW	172967424	2,324	34,755	SH		SOLE		33,965	0	790
Coca Cola Inc	COM	191216100	5,507	122,793	SH		SOLE		91,963	0	30,830
Coca-Cola European Partners PL	SHS	g25839104	1,220	30,000	SH		SOLE		30,000	0	0
Cohen & Steers Limited Duratio	COM	19248c105	4,795	179,464	SH		SOLE		163,508	0	15,957
Cohen & Steers Limited Duratio	COM	19248c105	1,230	46,016	SH		DFND	1	46,016	0	0
Colgate-Palmolive Co	COM	194162103	303	4,093	SH		SOLE		4,063	0	30
Comcast Corp	CL A	20030n101	854	21,930	SH		SOLE		20,014	0	1,916
Compass Minerals International	COM	20451N101	375	5,745	SH		DFND	1	5,745	0	0
ConocoPhillips	COM	20825C104	439	9,984	SH		SOLE		2,600	0	7,384
Consolidated Edison Inc	COM	209115104	241	2,977	SH		SOLE		2,963	0	14
Contravir Pharmaceuticals Inc	COM	21234W103	6	10,000	SH		SOLE		10,000	0	0
Copart Inc	COM	217204106	565	17,767	SH		SOLE		744	0	17,023
Coresite Realty Corp	COM	21870q105	302	2,921	SH		SOLE		2,921	0	0
Costco Wholesale Corp	COM	22160k105	1,032	6,451	SH		SOLE		5,747	0	704
Coty Inc	COM CL A	222070203	1,502	80,054	SH		SOLE		69,181	0	10,873
Coty Inc	COM CL A	222070203	399	21,250	SH		DFND	1	21,250	0	0
Crown Holdings Inc	COM	228368106	1,070	17,939	SH		SOLE		806	0	17,133
CVS Health Corp	COM	126650100	397	4,931	SH		SOLE		2,821	0	2,110
CYS Investments Inc	COM	12673a108	210	25,000	SH		SOLE		25,000	0	0
Deere & Co	COM	244199105	260	2,101	SH		SOLE		2,091	0	10
Deutsche X Trackers MSCI Europ	DB XTR MSCI EUR	233051853	320	11,687	SH		SOLE		11,687	0	0
Diageo PLC ADR	SPON ADR NEW	25243Q205	20,458	170,722	SH		SOLE		149,808	0	20,913
Diageo PLC ADR	SPON ADR NEW	25243Q205	519	4,330	SH		DFND	1	4,330	0	0
Digital Realty Trust Inc	COM	253868103	215	1,900	SH		SOLE		1,685	0	215
Diversified Real Asset Income	COM SHS	25533B108	3,260	186,817	SH		SOLE		173,936	0	12,881
Dominion Resources Inc/VA	COM	25746U109	582	7,601	SH		SOLE		7,571	0	30
Doubleline Income Solutions Cl	COM	258622109	6,357	307,826	SH		SOLE		274,340	0	33,487
Doubleline Income Solutions Cl	COM	258622109	1,090	52,796	SH		DFND	1	52,796	0	0
Doubleline Opportunistic Credi	COM	258623107	683	27,078	SH		SOLE		26,038	0	1,040
Dow Chemical Co	COM	260543103	13,434	212,994	SH		SOLE		50,497	0	162,497
Duke Energy Corp	COM NEW	26441c204	382	4,574	SH		SOLE		1,221	0	3,353
DXC Technology Co	COM	23355l106	879	11,460	SH		SOLE		702	0	10,758
Eaton Vance California Municip	SH BEN INT	27826f101	602	48,009	SH		SOLE		41,779	0	6,230
Eaton Vance Limited Duration I	COM	27828h105	3,973	281,747	SH		SOLE		259,178	0	22,569
Eaton Vance Municipal Bond Fun	COM	27827X101	564	44,432	SH		SOLE		25,087	0	19,345
Eaton Vance Municipal Incm 202	SHS	27829U105	1,493	74,340	SH		SOLE		45,559	0	28,781
Eaton Vance National Muni	COM SHS	27829l105	1,519	69,391	SH		SOLE		54,982	0	14,409
eBay Inc	COM	278642103	1,063	30,433	SH		SOLE		2,780	0	27,653
Ecolab Inc	COM	278865100	374	2,817	SH		SOLE		2,479	0	338
Edison International	COM	281020107	580	7,418	SH		SOLE		7,308	0	110
EI du Pont de Nemours & Co	COM	263534109	704	8,717	SH		SOLE		795	0	7,922
Eldorado Gold Corp	COM	284902103	30	11,330	SH		SOLE		11,330	0	0
Eli Lilly & Co	COM	532457108	562	6,834	SH		SOLE		5,837	0	997
Emerson Electric Co	COM	291011104	472	7,919	SH		SOLE		5,896	0	2,023
Enterprise Products Partners L	COM	293792107	296	10,945	SH		SOLE		10,945	0	0
Entravision Communications Cor	CL A	29382r107	495	75,000	SH		SOLE		75,000	0	0
Essent Group Ltd	COM	G3198u102	1,114	30,000	SH		SOLE		30,000	0	0
Exxon Mobil Corp	COM	30231g102	6,691	82,886	SH		SOLE		78,673	0	4,213
Facebook Inc	CL A	30303m102	70,890	469,535	SH		SOLE		465,242	0	4,293
Fastenal Co	COM	311900104	288	6,620	SH		SOLE		6,600	0	20
Fifth Street Finance Corp	COM	31678a103	73	15,000	SH		SOLE		15,000	0	0
First Trust Long/Short Equity	LNG/SHT EQUITY	33739p103	209	5,783	SH		SOLE		5,783	0	0
First Trust Senior Floating Ra	COM	33733u108	3,147	236,422	SH		SOLE		213,983	0	22,439
Fiserv Inc	COM	337738108	613	5,011	SH		SOLE		5,011	0	0
Flaherty and Crumrine Dynamic	SHS	33848w106	1,961	74,579	SH		SOLE		64,860	0	9,719
Gap Inc	COM	364760108	224	10,200	SH		SOLE		10,200	0	0
General Electric Co	COM	369604103	1,605	59,419	SH		SOLE		51,646	0	7,773
General Mills Inc	COM	370334104	476	8,590	SH		SOLE		8,090	0	500
Gilead Sciences Inc	COM	375558103	6,638	93,782	SH		SOLE		86,817	0	6,965
Gilead Sciences Inc	COM	375558103	1,028	14,527	SH		DFND	1	14,527	0	0
Glacier Bancorp Inc	COM	37637Q105	516	14,106	SH		SOLE		14,106	0	0
GlaxoSmithKline PLC	SPONSORED ADR	37733W105	289	6,696	SH		SOLE		6,593	0	103
Global Net Lease, Inc.	COM	379378102	850	38,215	SH		SOLE		34,422	0	3,793
Goldman Sachs Group Inc	COM	38141G104	24,175	108,944	SH		SOLE		96,445	0	12,499
Goldman Sachs MLP Income Oppor	COM SHS	38147w103	116	12,009	SH		SOLE		12,009	0	0
Gramercy Property Trust Inc	COM	385002100	39,653	1,334,685	SH		SOLE		1,154,155	0	180,530
Gramercy Property Trust Inc	COM	385002100	852	28,666	SH		DFND	1	28,666	0	0
Grubhub Inc	COM	400110102	1,098	25,178	SH		SOLE		25,000	0	178
Guggenheim S&P 500 Equal Weigh	GUG S&P500 EQ WT	78355w106	2,247	24,240	SH		SOLE		20,980	0	3,260
Highland/iBoxx Senior Loan ETF	HI LD IBOXX SRLN	430101774	846	45,996	SH		SOLE		45,996	0	0
Home Depot Inc	COM	437076102	1,305	8,509	SH		SOLE		6,276	0	2,233
Honeywell International Inc	COM	438516106	393	2,948	SH		SOLE		2,695	0	253
Industrial Select Sector SPDR	SBI INT-INDS	81369y704	419	6,151	SH		SOLE		6,151	0	0
Intel Corp	COM	458140100	1,241	36,776	SH		SOLE		33,667	0	3,109
Intellipharmaceutics Internati	COM	458173101	1,007	481,774	SH		SOLE		481,774	0	0
International Business Machine	COM	459200101	1,306	8,491	SH		SOLE		8,075	0	416
Invesco Dynamic Credit Opportu	COM	46132r104	2,227	185,417	SH		SOLE		171,483	0	13,934
Invesco Quality Municipal Inco	COM	46133G107	1,298	101,921	SH		SOLE		85,159	0	16,762
Invesco Value Municipal Income	COM	46132p108	480	31,625	SH		SOLE		26,622	0	5,003
Invesco Van Kampen CA Value Mu	COM	46132h106	825	65,286	SH		SOLE		61,237	0	4,049
iShares Cohen & Steers Realty	COHEN&STEERS REIT	464287564	327	3,233	SH		SOLE		3,233	0	0
iShares Core Dividend Growth E	CORE DIV GRWTH	46434v621	623	19,900	SH		SOLE		19,900	0	0
ishares Core MSCI EAFE ETF	CORE MSCI EAFE	46432f842	935	15,350	SH		SOLE		14,630	0	720
Ishares Core S&P Mcp Etf	CORE S&P MCP ETF	464287507	890	5,119	SH		SOLE		5,119	0	0
iShares Core S&P Total US Stoc	CORE S&P TTL STL	464287150	2,604	46,989	SH		SOLE		45,297	0	1,692
iShares Core U.S. Aggregate Bo	CORE US AGGBD ET	464287226	213	1,948	SH		SOLE		1,137	0	811
iShares DJ Select Dividend Ind	SELECT DIVID ETF	464287168	291	3,159	SH		SOLE		1,924	0	1,235
iShares Edge MSCI Multifactor	MULTIFACTOR USA	46434v282	1,048	36,500	SH		SOLE		36,500	0	0
iShares Floating Rate Bond Fun	FLTG RATE BD ETF	46429b655	286	5,613	SH		SOLE		5,613	0	0
iShares iBonds Mar 2018 Corp	2018 CP TM ETF	46432faw7	271	10,566	SH		SOLE		10,566	0	0
iShares Iboxx $ Invest Grade C	IBOX INV CP ETF	464287242	339	2,813	SH		SOLE		2,100	0	713
iShares Iboxx High Yield Corpo	IBOX HI YD ETF	464288513	221	2,498	SH		SOLE		2,105	0	393
iShares MSCI Eafe Index Fund	MSCI EAFE ETF	464287465	408	6,256	SH		SOLE		5,407	0	849
iShares MSCI EAFE Minimum Vola	EAFE MIN VOL ETF	46429b689	413	5,963	SH		SOLE		5,963	0	0
iShares MSCI Japan ETF	MSCI JPN ETF NEW	46434g822	337	6,283	SH		SOLE		6,283	0	0
iShares MSCI KLD 400 Social Id	MSCI KLD400 SOC	464288570	329	3,686	SH		SOLE		3,686	0	0
iShares MSCI Pacific Ex Japan	MSCI PAC JP ETF	464286665	456	10,263	SH		SOLE		10,263	0	0
iShares Nasdaq Biotechnology I	NASDQ BIOTEC ETF	464287556	233	750	SH		SOLE		750	0	0
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	372	3,127	SH		SOLE		3,127	0	0
iShares Russell 1000 Value Ind	RUS 1000 VAL ETF	464287598	335	2,881	SH		SOLE		2,881	0	0
iShares Russell 2000 Growth In	RUS 2000 GRW ETF	464287648	242	1,431	SH		SOLE		1,121	0	310
iShares Russell 2000 Value Ind	RUS 2000 VAL ETF	464287630	1,513	12,730	SH		SOLE		12,730	0	0
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	1,082	4,445	SH		SOLE		4,355	0	90
iShares S&P California Municip	CALIF MUN BD ETF	464288356	492	4,177	SH		SOLE		4,177	0	0
iShares S&P Small Cap 400 Inde	CORE S&P SCP ETF	464287804	233	3,330	SH		SOLE		3,330	0	0
Jacobs Engineering Group Inc	COM	469814107	244	4,481	SH		SOLE		4,064	0	417
Jamba Inc	COM NEW	47023a309	1,629	209,091	SH		SOLE		207,138	0	1,953
Jamba Inc	COM NEW	47023a309	1,289	165,480	SH		DFND	1	165,480	0	0
Johnson & Johnson	COM	478160104	33,247	251,317	SH		SOLE		222,819	0	28,498
JPMorgan Chase & Co	COM	46625h100	9,611	105,151	SH		SOLE		103,316	0	1,835
Kayne Anderson Energy Developm	COM	48660Q102	188	10,352	SH		SOLE		7,252	0	3,100
Kayne Anderson Mdstm Com	COM	48661e108	221	14,612	SH		SOLE		9,762	0	4,850
Kayne Anderson MLP Investment	COM	486606106	325	17,250	SH		SOLE		17,250	0	0
KCAP Financial Inc	COM	48668e101	42	12,000	SH		SOLE		12,000	0	0
Kellogg Co	COM	487836108	729	10,502	SH		SOLE		451	0	10,051
Kimberly-Clark Corp	COM	494368103	245	1,895	SH		SOLE		1,675	0	220
Kimco Realty Corp	COM	49446R109	551	30,042	SH		SOLE		30,000	0	42
Kraft Heinz Co	COM	500754106	437	5,098	SH		SOLE		3,516	0	1,582
Lam Research Corp	COM	512807108	1,131	7,995	SH		SOLE		7,992	0	3
Las Vegas Sands Corp	COM	517834107	36,623	573,227	SH		SOLE		507,496	0	65,730
Las Vegas Sands Corp	COM	517834107	428	6,700	SH		DFND	1	6,700	0	0
Level 3 Communications Inc	COM NEW	52729n308	41,827	705,352	SH		SOLE		627,078	0	78,274
Level 3 Communications Inc	COM NEW	52729n308	3,604	60,775	SH		DFND	1	60,775	0	0
Liberty Global Inc	SHS CL A	g5480u104	737	22,937	SH		SOLE		22,583	0	354
Liberty Global Inc	SHS CL A	g5480u104	1,649	51,345	SH		DFND	1	51,345	0	0
Liberty Global LiLAC Group - C	LILAC SHS CL A	g5480u138	253	11,603	SH		DFND	1	11,603	0	0
Lions Gate Entertainment Class	CL A VTG	535919401	9	302	SH		SOLE		302	0	0
Lions Gate Entertainment Class	CL A VTG	535919401	2,728	96,663	SH		DFND	1	96,663	0	0
Lions Gate Entertainment Class	CL B NON VTG	535919500	1,028	39,136	SH		SOLE		38,567	0	569
Live Nation Entertainment Inc	COM	538034109	428	12,284	SH		SOLE		11,502	0	782
Lockheed Martin Corp	COM	539830109	509	1,833	SH		SOLE		1,364	0	469
Lowes Companies Inc	COM	548661107	498	6,429	SH		SOLE		5,588	0	841
Lumentum Holdings Inc	COM	55024u109	1,712	30,003	SH		SOLE		30,003	0	0
Macerich Co	COM	554382101	16,569	285,372	SH		SOLE		253,545	0	31,827
Madison Square Garden Co/The	CL A	55825t103	323	1,640	SH		SOLE		74	0	1,566
Magellan Midstream Partners LP	COM UNIT RP LP	559080106	361	5,063	SH		SOLE		5,063	0	0
Mallinckrodt Inc/NY	SHS	g5785g107	3,588	80,063	SH		SOLE		0	0	80,063
McDonald's Corp	COM	580135101	1,288	8,409	SH		SOLE		8,330	0	79
McKesson Corp	COM	58155Q103	256	1,559	SH		SOLE		1,387	0	172
Medley Capital Corp	COM	58503f106	64	10,000	SH		SOLE		10,000	0	0
Medtronic PLC	SHS	g5960l103	29,926	337,196	SH		SOLE		282,622	0	54,574
Merck & Co Inc	COM	58933Y105	1,735	27,068	SH		SOLE		25,365	0	1,703
MetLife Inc	COM	59156r108	368	6,698	SH		SOLE		4,397	0	2,301
MFS Multi-Market	SH BEN INT	552737108	3,310	533,912	SH		SOLE		501,538	0	32,374
Micron Technology Inc	COM	595112103	1,703	57,022	SH		SOLE		57,000	0	22
Microsoft Corp	COM	594918104	88,686	1,286,608	SH		SOLE		1,238,863	0	47,745
Molson Coors Brewing Co	CL B	60871R209	1,180	13,667	SH		SOLE		623	0	13,044
Mondelez International Inc	CL A	609207105	19,340	447,779	SH		SOLE		397,561	0	50,218
Monsanto Co	COM	61166w101	17,166	145,033	SH		SOLE		127,785	0	17,248
Monsanto Co	COM	61166w101	1,105	9,335	SH		DFND	1	9,335	0	0
Motorola Solutions Inc	COM NEW	620076307	1,324	15,264	SH		SOLE		729	0	14,535
National Oilwell Varco Inc	COM	637071101	352	10,683	SH		SOLE		10,658	0	25
NetEase Inc	SPONSORED ADR	64110w102	3,896	12,959	SH		SOLE		12,959	0	0
Netflix Inc	COM	64110l106	1,243	8,321	SH		SOLE		8,300	0	21
Neuberger Berman Real Estate S	COM	64190a103	85	15,771	SH		SOLE		15,771	0	0
New America High Income Fund	COM NEW	641876800	2,728	287,730	SH		SOLE		263,708	0	24,022
New Oriental Education & Techn	SPON ADR	647581107	1,720	24,400	SH		SOLE		24,400	0	0
NextEra Energy Inc	COM	65339F101	432	3,083	SH		SOLE		2,324	0	759
Nielsen Holdings PLC	SHS EUR	g6518l108	20,516	530,670	SH		SOLE		470,676	0	59,994
Nielsen Holdings PLC	SHS EUR	g6518l108	400	10,350	SH		DFND	1	10,350	0	0
NIKE Inc	CL B	654106103	1,220	20,682	SH		SOLE		9,513	0	11,169
Northrop Grumman Corp	COM	666807102	259	1,009	SH		SOLE		894	0	115
Novartis AG	SPONSORED ADR	66987V109	230	2,757	SH		SOLE		2,757	0	0
Nuveen Amt-Free Municipal Inco	COM	670657105	1,166	85,207	SH		SOLE		49,130	0	36,077
Nuveen Build America Bond Fund	COM	67074c103	971	46,279	SH		SOLE		45,029	0	1,250
Nuveen Build America Bond Fund	COM	67074c103	1,470	70,057	SH		DFND	1	70,057	0	0
Nuveen Build America Bond Oppo	COM	67074q102	246	11,433	SH		SOLE		11,433	0	0
Nuveen CA Muni Advantage Fd	COM	67066Y105	633	42,085	SH		SOLE		20,060	0	22,025
Nuveen CA Muni Value Fund	COM	67062C107	2,262	220,635	SH		SOLE		219,635	0	1,000
Nuveen Credit Strategies Incom	COM SHS	67073d102	8,116	942,583	SH		SOLE		850,799	0	91,784
Nuveen Credit Strategies Incom	COM SHS	67073d102	1,205	140,000	SH		DFND	1	140,000	0	0
Nuveen Enhanced AMT-Free Muni	COM	67071l106	4,219	278,515	SH		SOLE		255,730	0	22,785
Nuveen Enhanced Municipal Cred	COM SH BEN INT	67070x101	4,552	305,098	SH		SOLE		282,042	0	23,056
Nuveen Floating Rate Income Op	COM SHS	6706EN100	395	33,837	SH		SOLE		31,352	0	2,485
Nuveen Preferred Income Opport	COM	67073b106	4,856	466,970	SH		SOLE		432,383	0	34,587
Nuveen Quality Municipal Incom	COM	67066v101	445	31,670	SH		SOLE		12,024	0	19,646
Nuveen Quality Preferred Incom	COM	67072C105	2,843	277,937	SH		SOLE		247,421	0	30,515
NVIDIA Corp	COM	67066g104	350	2,423	SH		SOLE		2,199	0	224
Oaktree Capital Group LLC	UNIT CL A	674001201	1,878	40,301	SH		SOLE		40,201	0	100
Oaktree Capital Group LLC	UNIT CL A	674001201	974	20,896	SH		DFND	1	20,896	0	0
Obsidian Energy Ltd	COM	674482104	58	46,000	SH		SOLE		46,000	0	0
Occidental Petroleum Corp	COM	674599105	11,623	194,139	SH		SOLE		173,652	0	20,488
Oracle Corp	COM	68389X105	36,894	735,815	SH		SOLE		653,116	0	82,698
PACCAR Inc	COM	693718108	265	4,013	SH		SOLE		4,000	0	13
Pacific Mercantile Bancorp	COM	694552100	111	12,568	SH		SOLE		0	0	12,568
Pacific Premier Bancorp Inc.	COM	69478x105	256	6,928	SH		SOLE		6,928	0	0
Pandora Media Inc	COM	698354107	476	53,400	SH		DFND	1	53,400	0	0
Paycom Software Inc	COM	70432v102	958	14,000	SH		SOLE		14,000	0	0
PCM Fund Inc	COM	69323T101	7,025	625,591	SH		SOLE		580,677	0	44,914
PCM Fund Inc	COM	69323T101	527	46,950	SH		DFND	1	46,950	0	0
PepsiCo Inc	COM	713448108	1,104	9,555	SH		SOLE		7,352	0	2,203
Pfizer Inc	COM	717081103	48,852	1,454,362	SH		SOLE		1,210,167	0	244,194
Pfizer Inc	COM	717081103	1,260	37,500	SH		DFND	1	37,500	0	0
PG&E Corp	COM	69331c108	284	4,285	SH		SOLE		4,273	0	12
Philip Morris International In	COM	718172109	45,998	391,640	SH		SOLE		349,502	0	42,137
Phillips 66	COM	718546104	365	4,412	SH		SOLE		428	0	3,984
PICO Holdings Inc	COM NEW	693366205	5,329	304,515	SH		SOLE		240,415	0	64,100
PICO Holdings Inc	COM NEW	693366205	10,245	585,431	SH		DFND	1	585,431	0	0
PIMCO Active Bond ETF	TTL RTN ACTV ETF	72201r775	427	4,024	SH		SOLE		4,024	0	0
Pimco Corporate Opportunity Fu	COM	72201b101	1,763	107,072	SH		SOLE		90,336	0	16,736
Pimco Corporate Opportunity Fu	COM	72201b101	567	34,400	SH		DFND	1	34,400	0	0
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	7,432	332,961	SH		SOLE		311,460	0	21,501
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	1,763	79,000	SH		DFND	1	79,000	0	0
PIMCO Dynamic Income Fund	SHS	72201y101	1,842	61,028	SH		SOLE		53,137	0	7,891
Pimco Enhanced Short Maturity	ENHAN SHRT MA AC	72201r833	37,696	370,583	SH		SOLE		338,788	0	31,796
Pimco Income Strategy Fund	COM	72201H108	856	72,521	SH		SOLE		35,016	0	37,505
Pimco Income Strategy Fund II	COM	72201j104	6,756	647,088	SH		SOLE		608,830	0	38,258
Pimco Municipal Income Fund II	COM	72200w106	484	36,851	SH		SOLE		36,851	0	0
Pimco Municipal Income Fund II	COM	72201a103	281	23,979	SH		SOLE		23,979	0	0
PNC Financial Services Group I	COM	693475105	281	2,247	SH		SOLE		2,129	0	118
Potash Corp of Saskatchewan In	COM	73755L107	1,416	86,858	SH		SOLE		73,519	0	13,339
Potash Corp of Saskatchewan In	COM	73755L107	583	35,765	SH		DFND	1	35,765	0	0
Powershares Emerging Markets D	SOVEREIGN DEBT	73936T573	315	10,752	SH		SOLE		10,752	0	0
PPG Industries Inc	COM	693506107	23,447	213,228	SH		SOLE		183,015	0	30,213
Procter & Gamble Co	COM	742718109	1,434	16,450	SH		SOLE		14,767	0	1,683
Prospect Capital Corp	COM	74348t102	277	34,097	SH		SOLE		34,097	0	0
Prudential Financial Inc	COM	744320102	1,397	12,923	SH		SOLE		12,902	0	21
Public Storage	COM	74460d109	581	2,787	SH		SOLE		169	0	2,618
Qualcomm Inc	COM	747525103	14,405	260,872	SH		SOLE		238,472	0	22,400
Raytheon Co	COM NEW	755111507	361	2,233	SH		SOLE		627	0	1,606
Realty Income Corp	COM	756109104	244	4,424	SH		SOLE		3,282	0	1,142
Rent-A-Center Inc	COM	76009n100	540	46,070	SH		SOLE		46,070	0	0
Republic Services Inc	COM	760759100	22,418	351,763	SH		SOLE		304,088	0	47,675
Retail Opportunity Investments	COM	76131n101	33,484	1,744,859	SH		SOLE		1,546,916	0	197,943
Retail Opportunity Investments	COM	76131n101	338	17,600	SH		DFND	1	17,600	0	0
Rexford Industrial Realty Inc	COM	76169c100	32,662	1,190,288	SH		SOLE		1,026,734	0	163,554
Reynolds American Inc	COM	761713106	266	4,083	SH		SOLE		4,064	0	19
RLI Corp	COM	749607107	221	4,051	SH		SOLE		4,051	0	0
Rockwell Automation Inc	COM	773903109	497	3,066	SH		SOLE		3,065	0	1
Rockwell Collins Inc	COM	774341101	479	4,563	SH		SOLE		4,551	0	12
Royal Dutch Shell PLC ADR	SPONS ADR A	780259206	237	4,461	SH		SOLE		4,461	0	0
Royce Micro Capital Trust Inc	COM	780915104	1,110	128,362	SH		SOLE		109,982	0	18,380
Schlumberger Ltd	COM	806857108	720	10,940	SH		SOLE		9,745	0	1,195
Schlumberger Ltd	COM	806857108	373	5,660	SH		DFND	1	5,660	0	0
Service Now Inc	COM	81762p102	1,060	10,000	SH		SOLE		10,000	0	0
Skyworks Solutions Inc	COM	83088m102	690	7,192	SH		SOLE		976	0	6,216
SPDR Gold Trust	GLD SHS	78463v107	676	5,730	SH		SOLE		5,730	0	0
SPDR S&P 500 ETF Unit Trust	TR UNIT	78462f103	4,681	19,358	SH		SOLE		17,590	0	1,768
Special Opportunities Fund Inc	COM	84741t104	209	13,734	SH		DFND	1	13,734	0	0
Starbucks Corp	COM	855244109	8,529	146,268	SH		SOLE		142,034	0	4,234
Starwood Property Trust Inc	COM	85571b105	22,957	1,025,305	SH		SOLE		920,363	0	104,942
Store Capital Corp	COM	862121100	2,088	93,000	SH		SOLE		89,500	0	3,500
Sysco Corp	COM	871829107	370	7,353	SH		SOLE		7,331	0	22
Tanzanian Royalty Exploration	COM	87600u104	52	117,371	SH		SOLE		117,371	0	0
TCW Strategic Income Fund Inc	COM	872340104	3,712	658,188	SH		SOLE		605,078	0	53,110
TCW Strategic Income Fund Inc	COM	872340104	171	30,357	SH		DFND	1	30,357	0	0
Templeton Emerging Markets Inc	COM	880192109	379	33,803	SH		SOLE		30,318	0	3,485
Templeton Emerging Markets Inc	COM	880192109	400	35,631	SH		DFND	1	35,631	0	0
Teva Pharmaceutical Industries	ADR	881624209	2,720	81,874	SH		SOLE		70,503	0	11,371
Teva Pharmaceutical Industries	ADR	881624209	795	23,929	SH		DFND	1	23,929	0	0
TICC Capital Corp	COM	87244t109	159	25,126	SH		SOLE		25,126	0	0
Time Warner Inc	COM NEW	887317303	2,206	21,968	SH		SOLE		18,755	0	3,213
Tortoise Energy Infrastructure	COM	89147l100	308	10,136	SH		SOLE		8,086	0	2,050
Total SA	SPONSORED ADR	89151e109	263	5,299	SH		SOLE		2,799	0	2,500
Travelers Cos Inc/The	COM	89417e109	260	2,058	SH		SOLE		2,048	0	10
Trivago NV ADR	SPON ADS A SHS	89686d105	1,183	50,000	SH		SOLE		50,000	0	0
Twenty First Centy Fox Cl A	CL A	90130a101	21,359	753,657	SH		SOLE		664,297	0	89,360
UCP Inc CL A	CL A	90265y106	101	9,260	SH		SOLE		7,991	0	1,269
UCP Inc CL A	CL A	90265y106	720	65,740	SH		DFND	1	65,740	0	0
Union Pacific Corp	COM	907818108	383	3,513	SH		SOLE		3,090	0	423
United Parcel Service Inc	CL B	911312106	52,788	477,329	SH		SOLE		430,146	0	47,183
United Technologies Corp	COM	913017109	214	1,753	SH		SOLE		1,736	0	17
UnitedHealth Group Inc	COM	91324p102	1,984	10,702	SH		SOLE		10,355	0	347
Uranium Energy Corp	COM	916896103	30	19,000	SH		SOLE		19,000	0	0
US Bancorp	COM NEW	902973304	237	4,562	SH		SOLE		3,954	0	608
Vanguard Mid Cap ETF	MID CAP ETF	922908629	3,188	22,372	SH		SOLE		22,372	0	0
Vanguard REIT ETF	REIT ETF	922908553	1,932	23,218	SH		SOLE		19,019	0	4,199
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	4,437	19,980	SH		SOLE		19,980	0	0
Vanguard S&P Small-Cap 600 ETF	SMLLCP 600 IDX	921932828	1,675	13,106	SH		SOLE		13,106	0	0
Vanguard Total Stock Market ET	TOTAL STK MKT	922908769	389	3,127	SH		SOLE		927	0	2,200
Vector Group Ltd	COM	92240m108	960	45,031	SH		SOLE		38,200	0	6,831
Veeva Systems Inc	CL A COM	922475108	1,042	17,000	SH		SOLE		17,000	0	0
Vereit, Inc.	COM	92339v100	64,226	7,890,163	SH		SOLE		6,880,348	0	1,009,815
Vereit, Inc.	COM	92339v100	2,273	279,240	SH		DFND	1	279,240	0	0
Verizon Communications Inc	COM	92343v104	633	14,181	SH		SOLE		10,424	0	3,757
Visa Inc	COM CL A	92826C839	450	4,798	SH		SOLE		3,605	0	1,193
Walgreens Boots Alliance Inc	COM	931427108	19,561	249,785	SH		SOLE		211,128	0	38,657
Walgreens Boots Alliance Inc	COM	931427108	1,070	13,670	SH		DFND	1	13,670	0	0
Wal-Mart Stores Inc	COM	931142103	319	4,209	SH		SOLE		3,478	0	731
Walt Disney Co	COM DISNEY	254687106	18,395	173,130	SH		SOLE		152,122	0	21,008
Wells Fargo & Co	COM	949746101	31,928	576,218	SH		SOLE		504,469	0	71,749
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	3,129	2,386	SH		SOLE		2,224	0	162
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	800	610	SH		DFND	1	610	0	0
Wells Fargo Multi-Sector Incom	WF MLT SECTR INC	94987D101	2,359	176,722	SH		SOLE		160,709	0	16,013
Western Asset/Claymore US Trea	COM	95766r104	1,809	164,167	SH		SOLE		153,325	0	10,842
WisdomTree Europe Hedged Equit	EUROPE HEDGED EQ	97717x701	204	3,280	SH		SOLE		3,280	0	0
Wynn Resorts Ltd	COM	983134107	2,012	15,005	SH		SOLE		15,002	0	3
Wynn Resorts Ltd	COM	983134107	613	4,570	SH		DFND	1	4,570	0	0
Zoetis Inc.	CL A	98978v103	355	5,691	SH		SOLE		320	0	5,371