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
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	772	4,054	SH		SOLE		4,021	0	33
Abbott Laboratories	COM	002824100	416	5,754	SH		SOLE		3,977	0	1,777
AbbVie Inc	COM	00287y109	1,027	11,135	SH		SOLE		6,770	0	4,365
ABIOMED Inc	COM	003654100	662	2,036	SH		SOLE		2,019	0	17
Accenture PLC	SHS CLASS A	g1151c101	665	4,718	SH		SOLE		3,375	0	1,343
Activision Blizzard Inc	COM	00507v109	1,367	29,355	SH		SOLE		24,975	0	4,380
Advanced Micro Devices Inc	COM	007903107	610	33,055	SH		SOLE		30,703	0	2,352
Alexander & Baldwin Inc	COM	014491104	35	1,888	SH		SOLE		1,888	0	0
Alexander & Baldwin Inc	COM	014491104	305	16,600	SH		DFND	1	16,600	0	0
Alexandria Real Estate Equitie	COM	015271109	2,086	18,101	SH		SOLE		18,050	0	51
Alexandria RE Equities Inc Pfd Series D 7	PFD CONV SER D	015271505	2,051	61,131	SH		SOLE		55,450	0	5,681
Alibaba Group Holding Inc	SPONSORED ADS	01609w102	4,923	35,914	SH		SOLE		35,260	0	654
Align Technology Inc	COM	016255101	1,657	7,910	SH		SOLE		7,898	0	12
Allergan PLC	SHS	g0177j108	582	4,351	SH		SOLE		4,299	0	52
Allianzgi Convertible & Income	COM	018825109	53	11,760	SH		SOLE		11,760	0	0
Alphabet Inc Class A	CAP STK CL A	02079k305	3,005	2,876	SH		SOLE		1,382	0	1,494
Alphabet Inc Class A	CAP STK CL A	02079k305	607	581	SH		DFND	1	581	0	0
Alphabet Inc Class C	CAP STK CK C	02079k107	43,141	41,657	SH		SOLE		37,251	0	4,406
Alphabet Inc Class C	CAP STK CK C	02079k107	2,839	2,741	SH		DFND	1	2,741	0	0
Altria Group Inc	COM	02209s103	1,661	33,631	SH		SOLE		29,799	0	3,832
Amazon.com Inc	COM	023135106	10,499	6,990	SH		SOLE		6,224	0	766
American Finance Trust Inc - Cl A	COM CLASS A	02607t109	477	35,822	SH		SOLE		25,803	0	10,019
AmerisourceBergen Corp	COM	03073e105	784	10,541	SH		SOLE		9,989	0	552
Amgen Inc	COM	031162100	575	2,955	SH		SOLE		1,686	0	1,269
Analog Devices Inc	COM	032654105	2,547	29,675	SH		SOLE		6,778	0	22,897
Anheuser-Busch InBev NV ADR	SPONSORED ADR	03524a108	7,784	118,286	SH		SOLE		104,702	0	13,584
Anheuser-Busch InBev NV ADR	SPONSORED ADR	03524a108	1,341	20,370	SH		DFND	1	20,370	0	0
Annaly Capital Management Inc	COM	035710409	199	20,248	SH		SOLE		19,954	0	294
Anthem Inc	COM	036752103	420	1,600	SH		SOLE		1,430	0	170
Apple Inc	COM	037833100	10,632	67,399	SH		SOLE		52,616	0	14,783
Apple Inc	COM	037833100	895	5,675	SH		DFND	1	5,675	0	0
Aptiv PLC	SHS	g6095l109	572	9,291	SH		SOLE		2,093	0	7,198
Arista Networks Inc	COM	040413106	694	3,295	SH		SOLE		3,277	0	18
Armstrong World Industries Inc	COM	04247x102	1,129	19,398	SH		SOLE		4,325	0	15,073
AT&T Inc	COM	00206r102	1,334	46,756	SH		SOLE		41,706	0	5,050
Atlassian Corp PLC Class A	CL A	g06242104	2,491	28,000	SH		SOLE		28,000	0	0
Autodesk Inc	COM	052769106	541	4,210	SH		SOLE		4,101	0	109
Automatic Data Processing Inc	COM	053015103	205	1,566	SH		SOLE		300	0	1,266
Axos Financial Inc	COM	05465c100	1,209	48,000	SH		SOLE		48,000	0	0
Baidu Inc	SPON ADR REP A	056752108	397	2,505	SH		SOLE		2,401	0	104
Ball Corp	COM	058498106	23,279	506,287	SH		SOLE		450,430	0	55,858
Bank of America Corp	COM	060505104	963	39,087	SH		SOLE		35,472	0	3,615
Bank of America Non-Cumulative	7.25%CNV PFD L	060505682	1,290	1,030	SH		SOLE		882	0	148
Bank of New York Mellon Co	COM	064058100	27,877	592,241	SH		SOLE		526,492	0	65,750
Baozun Inc ADR	SPONSORED ADR	06684l103	839	28,710	SH		SOLE		28,710	0	0
Baxter International Inc	COM	071813109	1,433	21,766	SH		SOLE		4,578	0	17,188
Berkshire Hathaway CL A	CL A	084670108	4,896	16	SH		SOLE		16	0	0
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	52,641	257,819	SH		SOLE		229,185	0	28,634
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	3,445	16,870	SH		DFND	1	16,870	0	0
Bilibili Inc ADR	SPON ADR REP Z	090040106	1,313	90,000	SH		SOLE		90,000	0	0
BlackRock California Municipal	SH BEN INT	09248e102	464	38,733	SH		SOLE		38,733	0	0
BlackRock Core Bond Trust	SHS BEN INT	09249e101	2,150	176,256	SH		SOLE		165,321	0	10,935
BlackRock Credit Allocation In	COM	092508100	3,511	314,035	SH		SOLE		293,856	0	20,179
Blackrock Floating Rate Income	COM	09255x100	4,614	387,703	SH		SOLE		364,431	0	23,272
Blackrock Floating Rate Income	COM	091941104	149	12,908	SH		SOLE		12,908	0	0
BlackRock Inc Co	COM	09247X101	17,015	43,314	SH		SOLE		38,886	0	4,428
Blackrock Ltd Duration	COM SHS	09249w101	3,934	294,231	SH		SOLE		271,512	0	22,719
Blackrock Ltd Duration	COM SHS	09249w101	390	29,173	SH		DFND	1	29,173	0	0
Blackrock Multi-Sector Income	COM	09258A107	2,802	182,399	SH		SOLE		166,799	0	15,600
Blackrock Muniholdings CA Insu	COM	09254l107	2,021	163,914	SH		SOLE		137,424	0	26,490
Blackrock Muniyield CA Fund In	COM	09254m105	376	29,152	SH		SOLE		29,152	0	0
Blackrock Muniyield CA Insured	COM	09254n103	563	44,573	SH		SOLE		44,573	0	0
Blackrock Target Trm Tr	COM SHS BEN IN	09257p105	444	21,667	SH		SOLE		9,428	0	12,239
Blackrock Taxable Municipal Bo	SHS	09248x100	671	31,926	SH		SOLE		31,926	0	0
Blackrock Taxable Municipal Bo	SHS	09248x100	1,511	71,895	SH		DFND	1	71,895	0	0
Blackstone Group LP	COM UNIT LTD	09253u108	338	11,339	SH		SOLE		11,339	0	0
Bloom Energy Corp	COM CL A	093712107	180	18,000	SH		SOLE		18,000	0	0
Boeing Co	COM	097023105	16,614	51,516	SH		SOLE		44,585	0	6,932
Booking Holdings Inc	COM	09857l108	1,099	638	SH		SOLE		585	0	53
Boston Scientific Corp	COM	101137107	477	13,498	SH		SOLE		13,258	0	240
BP PLC	SPONSORED ADR	055622104	224	5,902	SH		SOLE		5,389	0	513
Bristol Myers Squibb Co	COM	110122108	263	5,066	SH		SOLE		3,350	0	1,716
British American Tobacco PLC A	SPONSORED ADR	110448107	2,444	76,713	SH		SOLE		67,580	0	9,134
Broadcom Inc	COM	11135f101	1,483	5,833	SH		SOLE		5,525	0	308
Brookfield Asset Management In	CL A LTD VT SH	112585104	13,233	345,065	SH		SOLE		309,079	0	35,985
Brookfield Asset Management In	CL A LTD VT SH	112585104	634	16,520	SH		DFND	1	16,520	0	0
Brookfield Infrastructure Part	LP INT UNIT	g16252101	881	25,500	SH		SOLE		25,500	0	0
Brookfield Property REIT Inc	CL A	11282x103	747	46,398	SH		SOLE		37,295	0	9,103
Brookfield Property REIT Inc	CL A	11282x103	360	22,350	SH		DFND	1	22,350	0	0
Brookfield Real Assets Income	SHS BEN INT	112830104	670	35,132	SH		SOLE		29,446	0	5,686
Brown Forman Corp Class B With	CL B	115637209	1,608	33,801	SH		SOLE		31,273	0	2,528
Brown-Forman Corp Class A Shar	CL A	115637100	283	5,958	SH		SOLE		5,958	0	0
Calamos Global Dynamic Income	COM	12811l107	65	10,000	SH		SOLE		10,000	0	0
Caledonia Mining Corp PLC	SHS NEW	g1757e113	89	16,900	SH		SOLE		0	0	16,900
Canadian National Railway Co	COM	136375102	2,806	37,868	SH		SOLE		140	0	37,728
Cardiovascular Systems Inc	COM	141619106	370	12,978	SH		SOLE		12,978	0	0
CarMax Inc	COM	143130102	445	7,101	SH		SOLE		6,749	0	352
Caterpillar Inc	COM	149123101	515	4,052	SH		SOLE		2,150	0	1,902
CenturyLink Inc	COM	156700106	14,013	924,966	SH		SOLE		831,921	0	93,045
CenturyLink Inc	COM	156700106	3,202	211,334	SH		DFND	1	211,334	0	0
Charles Schwab Corp	COM	808513105	2,029	48,848	SH		SOLE		48,011	0	837
Charter Communications Inc	CL A	16119p108	150	527	SH		SOLE		502	0	25
Charter Communications Inc	CL A	16119p108	489	1,715	SH		DFND	1	1,715	0	0
Chevron Corp	COM	166764100	4,404	40,484	SH		SOLE		28,644	0	11,840
Cigna Corp	COM	125523100	411	2,162	SH		SOLE		1,963	0	199
Cisco Systems Inc	COM	17275R102	4,327	99,851	SH		SOLE		46,031	0	53,820
Citigroup Inc	COM NEW	172967424	244	4,680	SH		SOLE		3,734	0	946
Citigroup Inc	COM NEW	172967424	774	14,860	SH		DFND	1	14,860	0	0
Coca-Cola Co	COM	191216100	4,347	91,812	SH		SOLE		32,881	0	58,931
Cohen & Steers Limited Duratio	COM	19248c105	1,651	75,681	SH		SOLE		65,438	0	10,242
Cohen & Steers Limited Duratio	COM	19248c105	1,370	62,795	SH		DFND	1	62,795	0	0
Colgate-Palmolive Co	COM	194162103	245	4,115	SH		SOLE		3,988	0	127
Collectors Universe Inc	COM NEW	19421r200	817	71,945	SH		SOLE		62,206	0	9,739
Comcast Corp	CL A	20030n101	475	13,945	SH		SOLE		10,814	0	3,131
ConocoPhillips	COM	20825C104	642	10,290	SH		SOLE		2,905	0	7,385
Consumer Staples Select Sector	SBI CONS STPLS	81369y308	1,049	20,652	SH		SOLE		18,601	0	2,051
Cooper Cos Inc/The	COM NEW	216648402	520	2,044	SH		SOLE		1,942	0	102
Cornerstone Strategic Value Fu	COM	21924b302	279	25,000	SH		SOLE		25,000	0	0
Costco Wholesale Corp	COM	22160k105	1,570	7,706	SH		SOLE		7,033	0	673
Cushing MLP Total Return Fund	COM NEW	231631201	106	12,468	SH		SOLE		12,468	0	0
CVS Health Corp	COM	126650100	687	10,492	SH		SOLE		7,881	0	2,611
Deere & Co	COM	244199105	321	2,154	SH		SOLE		2,106	0	48
Delta Air Lines Inc	COM NEW	247361702	215	4,315	SH		SOLE		4,085	0	230
Diageo PLC ADR	SPON ADR NEW	25243q205	2,697	19,020	SH		SOLE		16,764	0	2,256
DocuSign Inc	COM	256163106	462	11,521	SH		SOLE		11,500	0	21
Dominion Energy Inc	COM	25746u109	471	6,588	SH		SOLE		6,398	0	190
Doubleline Income Solutions Cl	COM	258622109	624	35,984	SH		SOLE		24,559	0	11,425
Doubleline Income Solutions Cl	COM	258622109	894	51,599	SH		DFND	1	51,599	0	0
Doubleline Opportunistic Credi	COM	258623107	204	10,775	SH		SOLE		10,775	0	0
Doubleline Opportunistic Credi	COM	258623107	1,089	57,455	SH		DFND	1	57,455	0	0
DoubleLine Total Return Tactic	SPDR TR TACTIC	78467v848	1,143	24,120	SH		SOLE		24,120	0	0
DowDuPont Inc	COM	26078j100	9,621	179,898	SH		SOLE		27,536	0	152,362
Duke Energy Corp	COM NEW	26441c204	308	3,564	SH		SOLE		555	0	3,009
DWS Municipal Income Trust	COM	233368109	190	18,401	SH		SOLE		18,401	0	0
Eaton Vance California Municip	SH BEN INT	27826f101	1,814	163,878	SH		SOLE		151,416	0	12,462
Eaton Vance Insured CA Municip	COM	27828a100	171	17,232	SH		SOLE		17,232	0	0
Eaton Vance Limited Duration I	COM	27828h105	4,327	362,986	SH		SOLE		339,009	0	23,977
Eaton Vance Municipal Bond Fun	COM	27827X101	887	78,569	SH		SOLE		47,075	0	31,494
Eaton Vance Municipal Incm 202	SHS	27829U105	1,182	61,932	SH		SOLE		34,102	0	27,830
Eaton Vance National Muni	COM SHS	27829l105	325	17,486	SH		SOLE		11,792	0	5,694
eBay Inc	COM	278642103	1,263	44,994	SH		SOLE		24,076	0	20,918
Edison International	COM	281020107	845	14,878	SH		SOLE		14,647	0	231
Edwards Lifesciences Corp	COM	28176e108	1,412	9,220	SH		SOLE		7,810	0	1,410
Electronic Arts Inc	COM	285512109	1,009	12,792	SH		SOLE		3,686	0	9,106
Eli Lilly & Co	COM	532457108	356	3,079	SH		SOLE		1,198	0	1,881
Emerson Electric Co	COM	291011104	533	8,914	SH		SOLE		6,867	0	2,047
Enbridge Inc	COM	29250n105	1,163	37,417	SH		SOLE		33,657	0	3,760
Energy Transfer LP	COM UT LTD PTN	29273v100	235	17,777	SH		SOLE		11,164	0	6,613
Enterprise Products Partners L	COM	293792107	432	17,554	SH		SOLE		10,108	0	7,446
EQT Midstream Partners LP	UNIT LTD PARTN	26885b100	389	9,000	SH		SOLE		9,000	0	0
Exxon Mobil Corp	COM	30231g102	3,133	45,951	SH		SOLE		39,795	0	6,156
Facebook Inc	CL A	30303m102	93,447	712,843	SH		SOLE		697,918	0	14,925
Facebook Inc	CL A	30303m102	2,333	17,800	SH		DFND	1	17,800	0	0
First Trust Senior Floating Ra	COM	33733u108	3,382	302,005	SH		SOLE		278,512	0	23,493
Five Below Inc.	COM	33829m101	537	5,253	SH		SOLE		5,000	0	253
Flaherty And Crumine/Claymore	COM	338478100	917	54,832	SH		SOLE		48,775	0	6,057
Flaherty And Crumine/Claymore	COM	338478100	812	48,545	SH		DFND	1	48,545	0	0
Flaherty and Crumrine Dynamic	SHS	33848w106	1,194	58,614	SH		SOLE		51,186	0	7,428
Flaherty and Crumrine Dynamic	SHS	33848w106	434	21,296	SH		DFND	1	21,296	0	0
Fortinet Inc	COM	34959e109	929	13,185	SH		SOLE		13,059	0	126
Future FinTech Group Inc	COM PAR	36117v105	60	100,000	SH		SOLE		100,000	0	0
Galectin Therapeutics Inc	COM NEW	363225202	63	18,240	SH		SOLE		18,240	0	0
Gaming & Leisure Properties	COM	36467j108	31,590	977,726	SH		SOLE		977,655	0	71
Gap Inc	COM	364760108	267	10,347	SH		SOLE		10,200	0	147
GCI Liberty Inc	COM CLASS A	36164v305	197	4,777	SH		SOLE		4,705	0	72
GCI Liberty Inc	COM CLASS A	36164v305	889	21,600	SH		DFND	1	21,600	0	0
General Dynamics Corp	COM	369550108	211	1,339	SH		SOLE		1,302	0	37
General Electric Co	COM	369604103	313	41,321	SH		SOLE		28,570	0	12,751
General Motors Co	COM	37045v100	277	8,291	SH		SOLE		6,938	0	1,353
Gilead Sciences Inc	COM	375558103	3,951	63,165	SH		SOLE		61,390	0	1,775
Glacier Bancorp Inc	COM	37637Q105	397	10,009	SH		SOLE		10,009	0	0
GlaxoSmithKline PLC	SPONSORED ADR	37733W105	214	5,608	SH		SOLE		5,476	0	132
Global Net Lease, Inc.	COM NEW	379378201	607	34,422	SH		SOLE		34,422	0	0
Goldman Sachs ActiveBeta Emerg	ACTIVEBETA EME	381430206	719	23,874	SH		SOLE		23,462	0	412
Goldman Sachs ActiveBeta Inter	ACTIVEBTA INT	381430107	1,335	52,633	SH		SOLE		51,857	0	776
Goldman Sachs ActiveBeta U.S.	EQUITY ETF	381430503	1,919	38,168	SH		SOLE		38,168	0	0
Goldman Sachs Group Inc	COM	38141G104	20,225	121,072	SH		SOLE		108,172	0	12,900
Goldman Sachs MLP Income Oppor	COM SHS	38147w103	2,158	307,844	SH		SOLE		281,233	0	26,611
Grubhub Inc	COM	400110102	425	5,539	SH		SOLE		5,539	0	0
Guggenheim Build America Bonds	COM	401664107	279	12,705	SH		SOLE		12,705	0	0
Guggenheim Build America Bonds	COM	401664107	450	20,500	SH		DFND	1	20,500	0	0
Guidewire Software Inc	COM	40171v100	441	5,500	SH		SOLE		5,500	0	0
Halliburton Co	COM	406216101	12,993	488,819	SH		SOLE		444,452	0	44,367
Highland/iBoxx Senior Loan ETF	HI LD IBOXX SRLN	430101774	1,226	71,338	SH		SOLE		69,015	0	2,323
Home Depot Inc	COM	437076102	5,028	29,264	SH		SOLE		7,371	0	21,893
Honeywell International Inc	COM	438516106	2,505	18,957	SH		SOLE		18,816	0	141
Huazhu Group Ltd ADR	SPONSORED ADS	44332n106	916	32,000	SH		SOLE		32,000	0	0
IDEXX Laboratories Inc	COM	45168d104	655	3,520	SH		SOLE		3,506	0	14
Intel Corp	COM	458140100	2,118	45,122	SH		SOLE		33,847	0	11,275
International Business Machine	COM	459200101	632	5,558	SH		SOLE		4,675	0	883
Interxion Holding NV	SHS	n47279109	433	8,000	SH		SOLE		8,000	0	0
Intuit Inc	COM	461202103	517	2,624	SH		SOLE		2,500	0	124
Intuitive Surgical Inc	COM NEW	46120e602	1,833	3,827	SH		SOLE		3,773	0	54
Invesco Dynamic Credit Opportu	COM	46132r104	4,755	463,033	SH		SOLE		426,987	0	36,045
Invesco Municipal Opportunity	COM	46132c107	587	52,542	SH		SOLE		47,242	0	5,300
Invesco QQQ Trust Series 1	UNIT SER 1	46090e103	837	5,427	SH		SOLE		4,127	0	1,300
Invesco Quality Municipal Inco	COM	46133G107	949	84,569	SH		SOLE		69,242	0	15,327
Invesco S&P 500 Equal Weight E	S&P500 EQL WGT	46137v357	233	2,550	SH		SOLE		2,550	0	0
Invesco Value Municipal Income	COM	46132p108	495	36,592	SH		SOLE		31,589	0	5,003
Invesco Van Kampen CA Value Mu	COM	46132h106	747	66,086	SH		SOLE		62,037	0	4,049
Invesco Variable Rate Investme	VAR RATE INVT	46090a879	1,055	42,827	SH		SOLE		42,611	0	216
IQ Merger Arbitrage ETF	IQ MRGR ARB ETF	45409b800	581	18,337	SH		SOLE		18,274	0	63
iQIYI Inc ADR	SPONSORED ADS	46267x108	415	27,880	SH		SOLE		27,880	0	0
IQVIA Holdings Inc	COM	46266c105	936	8,053	SH		SOLE		7,529	0	524
iShares Barclays CMBS Bond	CMBS ETF	46429b366	215	4,271	SH		SOLE		4,246	0	25
iShares Core MSCI EAFE ETF	CORE MSCI EAFE	46432f842	25,702	467,311	SH		SOLE		426,695	0	40,616
iShares Core MSCI Emerging Mar	CORE MSCI EMKT	46434g103	21,068	446,824	SH		SOLE		440,135	0	6,689
iShares Core S&P Total US Stoc	CORE S&P TTL STK	464287150	3,014	53,096	SH		SOLE		51,879	0	1,217
iShares Core U.S. Aggregate Bo	CORE US AGGBD ET	464287226	1,480	13,902	SH		SOLE		13,028	0	874
iShares DJ Select Dividend Ind	SELECT DIVID ETF	464287168	261	2,922	SH		SOLE		2,372	0	550
iShares Edge MSCI Min Vol EAFE	MIN VOL EAFE ETF	46429B689	397	5,963	SH		SOLE		5,963	0	0
iShares Edge MSCI Multifactor	MULTIFACTOR USA	46434v282	4,964	178,180	SH		SOLE		173,748	0	4,432
iShares Floating Rate Bond Fun	FLTG RATE NT ETF	46429b655	321	6,377	SH		SOLE		5,977	0	400
iShares Iboxx High Yield Corpo	IBOXX HI YD ETF	464288513	714	8,801	SH		SOLE		8,408	0	393
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	979	16,659	SH		SOLE		15,610	0	1,049
iShares MSCI EAFE Small-Cap ET	EAFE SML CP ETF	464288273	204	3,938	SH		SOLE		3,938	0	0
iShares MSCI Emerging Markets	MSCI EMG MKT ETF	464287234	885	22,670	SH		SOLE		20,109	0	2,561
iShares MSCI KLD 400 Social Id	MSCI KLD400 SOC	464288570	448	4,817	SH		SOLE		4,817	0	0
iShares MSCI Pacific ex Japan	MSCI PAC JP ETF	464286665	299	7,338	SH		SOLE		7,338	0	0
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	591	4,512	SH		SOLE		3,677	0	835
iShares Russell 1000 Value Ind	RUS 1000 VAL ETF	464287598	880	7,927	SH		SOLE		7,927	0	0
iShares Russell 2000 Value Ind	RUS 2000 VAL ETF	464287630	623	5,789	SH		SOLE		5,789	0	0
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	25,717	102,210	SH		SOLE		96,111	0	6,099
iShares S&P California Municip	CALIF MUN BD ETF	464288356	1,479	25,307	SH		SOLE		25,307	0	0
iShares S&P S/T Nationall AMT-	SHRT NAT MUN ETF	464288158	320	3,039	SH		SOLE		3,039	0	0
Jacobs Engineering Group Inc	COM	469814107	314	5,364	SH		SOLE		4,462	0	902
JC Penney Inc	COM	708160106	13	12,700	SH		SOLE		12,700	0	0
Johnson & Johnson	COM	478160104	23,451	181,720	SH		SOLE		159,827	0	21,893
JPMorgan Chase & Co	COM	46625h100	11,820	121,077	SH		SOLE		113,022	0	8,055
Kayne Anderson Mdstm Com	COM	48661e108	3,990	413,465	SH		SOLE		363,676	0	49,789
Kayne Anderson Mdstm Com	COM	48661e108	1,631	168,980	SH		DFND	1	168,980	0	0
Kayne Anderson MLP/Midstream I	COM	486606106	3,376	245,384	SH		SOLE		224,688	0	20,696
Kennametal Inc	COM	489170100	515	15,485	SH		SOLE		3,554	0	11,931
Kimberly-Clark Corp	COM	494368103	278	2,439	SH		SOLE		1,547	0	892
Kinder Morgan Inc	COM	49456B101	936	60,837	SH		SOLE		50,067	0	10,770
Lam Research Corp	COM	512807108	217	1,595	SH		SOLE		1,531	0	64
Las Vegas Sands Corp	COM	517834107	1,470	28,239	SH		SOLE		23,994	0	4,246
Lennar Corp Cl B	CL B	526057302	9,235	294,778	SH		SOLE		263,018	0	31,760
Lennar Corp Cl B	CL B	526057302	576	18,400	SH		DFND	1	18,400	0	0
Liberty Broadband Corp Com Cl	COM SER C	530307305	11,572	160,649	SH		SOLE		144,562	0	16,087
Liberty Global PLC	SHS CL C	g5480u120	1,099	53,249	SH		DFND	1	53,249	0	0
Liberty Media Corp Series C	COM SER C FRMLA	531229854	560	18,230	SH		SOLE		17,910	0	320
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	502	16,891	SH		SOLE		16,722	0	169
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	4,157	139,879	SH		DFND	1	139,879	0	0
Linde PLC	COM	g5494j103	11,844	75,901	SH		SOLE		67,782	0	8,119
Lockheed Martin Corp	COM	539830109	516	1,971	SH		SOLE		1,575	0	396
Loews Corp	COM	540424108	288	6,320	SH		SOLE		0	0	6,320
Lowe's Companies Inc	COM	548661107	14,204	153,787	SH		SOLE		131,748	0	22,040
Lululemon Athletica Inc	COM	550021109	1,216	10,000	SH		SOLE		10,000	0	0
Macerich Co	COM	554382101	547	12,633	SH		SOLE		12,010	0	623
Magellan Midstream Partners LP	COM UNIT RP LP	559080106	291	5,106	SH		SOLE		2,954	0	2,152
Mallinckrodt PLC	SHS	g5785g107	1,248	78,977	SH		SOLE		0	0	78,977
Marathon Oil Corp	COM	565849106	194	13,502	SH		SOLE		9,000	0	4,502
Martin Marietta Materials Inc	COM	573284106	16,182	94,154	SH		SOLE		83,994	0	10,160
Mastercard Inc	CL A	57636q104	2,126	11,268	SH		SOLE		10,682	0	586
McDonald's Corp	COM	580135101	1,594	8,974	SH		SOLE		7,821	0	1,153
Medifast Inc	COM	58470h101	634	5,070	SH		SOLE		5,070	0	0
Medtronic PLC	SHS	g5960l103	28,409	312,319	SH		SOLE		262,570	0	49,749
Merck & Co Inc	COM	58933Y105	1,183	15,484	SH		SOLE		13,766	0	1,718
MFS Multi-Market	SH BEN INT	552737108	3,067	599,047	SH		SOLE		561,568	0	37,479
Microsoft Corp	COM	594918104	125,213	1,232,776	SH		SOLE		1,191,142	0	41,634
Molson Coors Brewing Co	CL B	60871R209	587	10,452	SH		SOLE		2,353	0	8,099
Momo Inc ADR	ADR	60879b107	237	10,000	SH		SOLE		10,000	0	0
Mondelez International Inc	CL A	609207105	411	10,275	SH		SOLE		10,118	0	157
Motorola Solutions Inc	COM NEW	620076307	1,226	10,655	SH		SOLE		2,471	0	8,184
MYnd Analytics Inc	COM NEW	62857n202	12	16,000	SH		SOLE		16,000	0	0
National Oilwell Varco Inc	COM	637071101	275	10,711	SH		SOLE		10,685	0	26
Netflix Inc	COM	64110l106	5,870	21,932	SH		SOLE		21,687	0	245
Neuberger Berman CA Interm Mu	COM	64123c101	877	72,359	SH		SOLE		68,075	0	4,284
Neuberger Berman Real Estate S	COM	64190a103	61	14,589	SH		SOLE		14,589	0	0
New America High Income Fund	COM NEW	641876800	3,802	502,920	SH		SOLE		461,820	0	41,101
New Oriental Education & Techn	SPON ADR	647581107	1,644	30,000	SH		SOLE		30,000	0	0
NextEra Energy Inc	COM	65339F101	451	2,594	SH		SOLE		2,345	0	249
Nextpoint Residential Trust	COM	65341d102	309	8,820	SH		SOLE		0	0	8,820
NIKE Inc	CL B	654106103	1,324	17,853	SH		SOLE		6,157	0	11,696
Nuveen Amt-Free Municipal Inco	COM	670657105	708	57,526	SH		SOLE		44,818	0	12,708
Nuveen Build America Bond Fund	COM	67074c103	101	5,228	SH		SOLE		5,228	0	0
Nuveen Build America Bond Fund	COM	67074c103	1,434	74,051	SH		DFND	1	74,051	0	0
Nuveen CA Muni Value Fund	COM	67062C107	5,160	567,087	SH		SOLE		530,596	0	36,491
Nuveen CA Sel Tax Free Income	SH BEN INT	67063r103	184	13,810	SH		SOLE		13,810	0	0
Nuveen California AMT-Free Qua	COM	670651108	509	40,125	SH		SOLE		28,388	0	11,737
Nuveen California Quality Muni	COM	67066y105	2,458	192,805	SH		SOLE		160,521	0	32,284
Nuveen Credit Strategies Incom	COM SHS	67073d102	5,994	809,995	SH		SOLE		754,220	0	55,775
Nuveen Credit Strategies Incom	COM SHS	67073d102	1,036	140,000	SH		DFND	1	140,000	0	0
Nuveen Enhanced AMT-Free Muni	COM	67071l106	404	28,933	SH		SOLE		27,533	0	1,400
Nuveen Enhanced Municipal Cred	COM SH BEN INT	67070x101	504	37,523	SH		SOLE		37,523	0	0
Nuveen Intermediate Duration Q	COM	670677103	144	11,628	SH		SOLE		11,628	0	0
Nuveen Preferred Income Opport	COM	67073b106	4,061	486,926	SH		SOLE		448,921	0	38,005
Nuveen Quality Municipal Incom	COM	67066v101	460	36,649	SH		SOLE		36,649	0	0
Nuveen Quality Preferred Incom	COM	67072C105	148	17,843	SH		SOLE		13,685	0	4,158
Nuveen Real Asset Income and G	COM	67074y105	2,813	206,380	SH		SOLE		192,713	0	13,667
Nuveen Senior Income Fund	COM	67067y104	55	10,069	SH		SOLE		10,069	0	0
NVIDIA Corp	COM	67066g104	1,231	9,219	SH		SOLE		8,645	0	574
Oaktree Capital Group LLC	UNIT CL A	674001201	1,860	46,797	SH		SOLE		46,797	0	0
Oaktree Capital Group LLC	UNIT CL A	674001201	551	13,866	SH		DFND	1	13,866	0	0
Occidental Petroleum Corp	COM	674599105	10,151	165,380	SH		SOLE		144,593	0	20,787
Oracle Corp	COM	68389X105	852	18,879	SH		SOLE		14,119	0	4,760
O'Reilly Automotive Inc	COM	67103H107	913	2,652	SH		SOLE		2,525	0	127
Oxford Square Capital Corp	COM	69181v107	98	15,126	SH		SOLE		15,126	0	0
PACCAR Inc	COM	693718108	275	4,815	SH		SOLE		4,100	0	715
Pacific Mercantile Bancorp	COM	694552100	90	12,568	SH		SOLE		0	0	12,568
Paycom Software Inc	COM	70432v102	1,592	13,000	SH		SOLE		13,000	0	0
PayPal Holdings Inc	COM	70450y103	1,397	16,619	SH		SOLE		14,774	0	1,845
PCM Fund Inc	COM	69323T101	2,498	246,100	SH		SOLE		227,296	0	18,804
PepsiCo Inc	COM	713448108	1,202	10,883	SH		SOLE		9,166	0	1,717
Pfizer Inc	COM	717081103	35,569	814,871	SH		SOLE		651,184	0	163,687
Philip Morris International In	COM	718172109	22,217	332,788	SH		SOLE		300,094	0	32,693
Phillips 66	COM	718546104	462	5,357	SH		SOLE		619	0	4,738
PICO Holdings Inc	COM NEW	693366205	3,350	366,512	SH		SOLE		301,507	0	65,005
PICO Holdings Inc	COM NEW	693366205	5,735	627,422	SH		DFND	1	627,422	0	0
PIMCO Active Bond ETF	ACTIVE BD ETF	72201r775	340	3,309	SH		SOLE		3,309	0	0
PIMCO CA Municipal Income Fund	COM	72200m108	92	11,766	SH		SOLE		11,766	0	0
PIMCO Corporate Opportunity Fu	COM	72201b101	467	30,414	SH		SOLE		26,411	0	4,003
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	7,516	357,061	SH		SOLE		325,480	0	31,581
PIMCO Dynamic Credit Income Fu	COM SHS	72202d106	989	47,000	SH		DFND	1	47,000	0	0
PIMCO Dynamic Income Fund	SHS	72201y101	538	18,450	SH		SOLE		17,003	0	1,447
PIMCO Enhanced Short Maturity	ENHAN SHRT MA AC	72201r833	3,388	33,563	SH		SOLE		33,563	0	0
PIMCO Income Strategy Fund	COM	72201H108	154	14,151	SH		SOLE		12,801	0	1,350
PIMCO Income Strategy Fund II	COM	72201j104	1,171	122,875	SH		SOLE		117,092	0	5,783
PIMCO Municipal Income Fund II	COM	72200w106	407	30,591	SH		SOLE		30,591	0	0
PIMCO Municipal Income Fund II	COM	72201a103	267	23,979	SH		SOLE		23,979	0	0
PNC Financial Services Group I	COM	693475105	260	2,225	SH		SOLE		2,129	0	96
Point Bridge GOP Stock Tracker	POINT BRIDGE GOP	26922A628	19,487	836,865	SH		SOLE		836,865	0	0
Procter & Gamble Co	COM	742718109	1,805	19,640	SH		SOLE		17,797	0	1,843
Prospect Capital Corp	COM	74348t102	191	30,281	SH		SOLE		30,281	0	0
Public Storage	COM	74460d109	250	1,236	SH		SOLE		1,174	0	62
Pure Storage Inc	CL A	74624m102	563	35,000	SH		SOLE		35,000	0	0
QUALCOMM Inc	COM	747525103	13,767	241,911	SH		SOLE		222,302	0	19,610
Raytheon Co	COM NEW	755111507	363	2,370	SH		SOLE		784	0	1,586
Reading International Inc	CL A	755408101	213	14,671	SH		SOLE		14,450	0	221
Reading International Inc	CL A	755408101	276	19,000	SH		DFND	1	19,000	0	0
RealPage Inc	COM	75606n109	1,455	30,200	SH		SOLE		30,200	0	0
Realty Income Corp	COM	756109104	272	4,316	SH		SOLE		3,145	0	1,171
Reaves Utility Income Fund	COM SH BEN INT	756158101	1,300	44,178	SH		SOLE		37,707	0	6,471
Republic Services Inc	COM	760759100	11,266	156,278	SH		SOLE		137,349	0	18,929
Retail Opportunity Investments	COM	76131n101	18,218	1,147,234	SH		SOLE		1,028,420	0	118,814
Retail Opportunity Investments	COM	76131n101	886	55,785	SH		DFND	1	55,785	0	0
Rexford Industrial Realty Inc	COM	76169C100	36,875	1,251,282	SH		SOLE		1,092,593	0	158,688
RingCentral Inc	CL A	76680r206	1,979	24,000	SH		SOLE		24,000	0	0
RLI Corp	COM	749607107	279	4,051	SH		SOLE		4,051	0	0
RLJ Lodging Trust Pfd 1.95 Co	CUM CONV PFD A	74965l200	676	27,299	SH		SOLE		23,218	0	4,081
RLJ Lodging Trust Pfd 1.95 Co	CUM CONV PFD A	74965l200	186	7,492	SH		DFND	1	7,492	0	0
Rockwell Automation Inc	COM	773903109	419	2,783	SH		SOLE		2,782	0	1
Royal Dutch Shell PLC	SPON ADR B	780259107	255	4,250	SH		SOLE		4,250	0	0
Royal Dutch Shell PLC ADR	SPONS ADR A	780259206	285	4,894	SH		SOLE		4,894	0	0
Royce Micro Capital Trust Inc	COM	780915104	803	108,176	SH		SOLE		94,119	0	14,057
S&P Global Inc	COM	78409v104	1,109	6,524	SH		SOLE		1,509	0	5,015
salesforce.com Inc	COM	79466l302	901	6,581	SH		SOLE		5,648	0	933
Schlumberger Ltd	COM	806857108	1,326	36,757	SH		SOLE		33,284	0	3,473
Schwab Emerging Markets - ETF	EMRG MKTEQ ETF	808524706	1,691	71,850	SH		SOLE		70,081	0	1,769
Schwab Int'l Large Cap Equity	INTL EQTY ETF	808524805	2,635	92,945	SH		SOLE		91,540	0	1,405
Schwab U.S. Large-Cap Value Fu	US LCAP VA ETF	808524409	1,920	38,959	SH		SOLE		38,732	0	227
Schwab US Aggregate Bond - ETF	US AGGREGATE B	808524839	245	4,835	SH		SOLE		4,835	0	0
Senseonics Holdings Inc	COM	81727u105	45	17,506	SH		SOLE		17,506	0	0
Service Now Inc	COM	81762p102	3,000	16,848	SH		SOLE		16,816	0	32
Skyworks Solutions Inc	COM	83088m102	1,139	16,992	SH		SOLE		4,850	0	12,142
Smart Global Holdings Inc	SHS	g8232y101	445	15,000	SH		SOLE		15,000	0	0
Snap Inc	CL A	83304a106	888	161,134	SH		SOLE		0	0	161,134
Sony Corp ADR	SPONSORED ADR	835699307	11,765	243,690	SH		SOLE		217,774	0	25,916
Sony Corp ADR	SPONSORED ADR	835699307	1,307	27,070	SH		DFND	1	27,070	0	0
SPDR Gold Trust	GOLD SHS	78463v107	241	1,985	SH		SOLE		1,985	0	0
SPDR Portfolio Aggregate Bond	PORTFOLIO AGRGTE	78464a649	910	32,661	SH		SOLE		0	0	32,661
SPDR Portfolio Emerging Market	PORTFOLIO EMG MK	78463X509	1,816	56,114	SH		SOLE		42,220	0	13,894
SPDR Portfolio Mid Cap ETF	PORTFOLIO MD ETF	78464A847	972	33,052	SH		SOLE		33,052	0	0
SPDR Portfolio World ex- US ET	PORTFOLIO DEVLPD	78463X889	2,747	103,870	SH		SOLE		64,693	0	39,177
SPDR S&P 500 ETF Unit Trust	TR UNIT	78462f103	16,585	66,361	SH		SOLE		59,272	0	7,088
SPDR S&P 500 Value ETF	PRTFLO S&P500 VL	78464a508	877	32,295	SH		SOLE		27,817	0	4,478
Square Inc	CL A	852234103	4,030	71,857	SH		SOLE		71,848	0	9
Starbucks Corp	COM	855244109	16,459	255,582	SH		SOLE		227,394	0	28,188
Starwood Property Trust Inc	COM	85571b105	14,757	748,721	SH		SOLE		682,788	0	65,933
Sysco Corp	COM	871829107	357	5,702	SH		SOLE		5,515	0	187
Take-Two Interactive Software	COM	874054109	524	5,088	SH		SOLE		5,005	0	83
TAL Education Group ADR	SPONSORED ADS	874080104	1,307	49,000	SH		SOLE		49,000	0	0
Tanzanian Royalty Exploration	COM	87600u104	41	117,371	SH		SOLE		117,371	0	0
Target Corp	COM	87612e106	530	8,016	SH		SOLE		6,153	0	1,863
TCW Strategic Income Fund Inc	COM	872340104	6,965	1,321,651	SH		SOLE		1,213,820	0	107,831
TCW Strategic Income Fund Inc	COM	872340104	209	39,710	SH		DFND	1	39,710	0	0
Teva Pharmaceutical Industries	SPONSORED ADR	881624209	378	24,510	SH		SOLE		24,510	0	0
Texas Instruments Inc	COM	882508104	10,070	106,560	SH		SOLE		93,438	0	13,122
Tilray Inc	COM CL 2	88688t100	363	5,142	SH		SOLE		5,142	0	0
Tortoise Energy Infrastructure	COM	89147l100	2,161	108,578	SH		SOLE		97,733	0	10,845
Tortoise North American Pipeli	TORTOISE NRAM PI	56167n720	322	16,160	SH		SOLE		16,160	0	0
Trex Company Inc	COM	89531p105	1,454	24,500	SH		SOLE		24,500	0	0
Twenty-First Century Fox Inc	CL A	90130a200	10	210	SH		SOLE		210	0	0
Twenty-First Century Fox Inc	CL A	90130a200	1,074	22,475	SH		DFND	1	22,475	0	0
Twenty-First Century Fox Inc C	CL A	90130a101	19,290	400,872	SH		SOLE		355,862	0	45,009
Unilever PLC	SPON ADR NEW	904767704	17,331	331,699	SH		SOLE		296,894	0	34,805
Union Pacific Corp	COM	907818108	271	1,959	SH		SOLE		1,428	0	531
United Parcel Service Inc	CL B	911312106	43,837	449,472	SH		SOLE		419,280	0	30,192
United Parcel Service Inc	CL B	911312106	540	5,540	SH		DFND	1	5,540	0	0
United Technologies Corp	COM	913017109	18,786	176,429	SH		SOLE		156,948	0	19,481
UnitedHealth Group Inc	COM	91324p102	2,905	11,663	SH		SOLE		11,072	0	591
USA Compression Partners LP	COMMUNIT LTDPAR	90290n109	143	11,000	SH		SOLE		11,000	0	0
VanEck Vectors Oil Services ET	OIL SVCS ETF	92189f718	527	37,567	SH		SOLE		36,623	0	944
VanEck Vectors Short High-Yiel	SHORT HIGH YIELD	92189f387	447	18,491	SH		SOLE		18,491	0	0
Vanguard FTSE Emerging Markets	FTSE EMR MKT ETF	922042858	528	13,867	SH		SOLE		193	0	13,674
Vanguard Mid Cap ETF	MID CAP ETF	922908629	3,091	22,372	SH		SOLE		22,372	0	0
Vanguard Mortgage-Backed Secur	MORTG-BACK SEC	92206c771	514	9,976	SH		SOLE		9,944	0	32
Vanguard REIT ETF	REAL ESTATE ETF	922908553	1,698	22,767	SH		SOLE		21,288	0	1,478
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	4,653	20,245	SH		SOLE		20,145	0	100
Vanguard S&P Small-Cap 600 ETF	SMLLCP 600 IDX	921932828	1,648	13,106	SH		SOLE		13,106	0	0
Veeva Systems Inc	CL A COM	922475108	1,429	16,000	SH		SOLE		16,000	0	0
Ventas Inc	COM	92276f100	748	12,767	SH		SOLE		12,080	0	687
Vereit Inc	COM	92339v100	54,795	7,663,613	SH		SOLE		6,816,602	0	847,011
Vereit Inc	COM	92339v100	1,386	193,900	SH		DFND	1	193,900	0	0
Verizon Communications Inc	COM	92343v104	1,050	18,673	SH		SOLE		9,982	0	8,691
Visa Inc	COM CL A	92826C839	1,787	13,545	SH		SOLE		10,813	0	2,732
Vulcan Materials Co	COM	929160109	1,585	16,047	SH		SOLE		5,685	0	10,362
Vuzix Corp	COM NEW	92921w300	250	52,000	SH		SOLE		52,000	0	0
Wabtec Corp/DE	COM	929740108	540	7,684	SH		SOLE		1,738	0	5,946
Walgreens Boots Alliance Inc	COM	931427108	370	5,416	SH		SOLE		4,034	0	1,382
Wal-Mart Stores Inc	COM	931142103	584	6,270	SH		SOLE		5,456	0	814
Walt Disney Co	COM DISNEY	254687106	29,473	268,788	SH		SOLE		239,864	0	28,924
Weibo Corp	SPONSORED ADR	948596101	257	4,399	SH		SOLE		4,350	0	49
Wells Fargo & Co	COM	949746101	778	16,887	SH		SOLE		14,392	0	2,495
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	3,606	2,857	SH		SOLE		2,704	0	153
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	498	395	SH		DFND	1	395	0	0
Wells Fargo Multi-Sector Incom	COM	94987D101	2,525	227,660	SH		SOLE		210,489	0	17,171
Western Asset Mortgage Capital	COM	95790d105	83	10,000	SH		SOLE		10,000	0	0
Western Asset/Claymore US Trea	COM	95766r104	1,937	190,874	SH		SOLE		177,844	0	13,030
Woodward Inc	COM	980745103	446	6,001	SH		SOLE		6,000	0	1
Workday Inc	CL A	98138h101	1,118	7,000	SH		SOLE		7,000	0	0
World Wrestling Entertainment	CL A	98156q108	216	2,893	SH		SOLE		2,893	0	0
Wynn Resorts Ltd	COM	983134107	595	6,016	SH		SOLE		6,000	0	16
ZTO Express Cayman Inc ADR	SPONSORED ADR	98980a105	1,413	89,230	SH		SOLE		89,230	0	0
Zuora Inc	COM CL A	98983v106	469	25,834	SH		SOLE		25,834	0	0