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	567	3,635	SH		SOLE		3,170	0	465
Abbott Laboratories	COM	002824100	923	10,091	SH		SOLE		7,093	0	2,998
AbbVie Inc	COM	00287y109	1,035	10,541	SH		SOLE		8,119	0	2,422
Accenture PLC	SHS CLASS A	g1151c101	718	3,346	SH		SOLE		1,705	0	1,641
Activision Blizzard Inc	COM	00507v109	261	3,439	SH		SOLE		1,989	0	1,450
Adobe Systems Inc	COM	00724f101	498	1,145	SH		SOLE		600	0	545
Alexandria Real Estate Equitie	COM	015271109	6,205	38,242	SH		SOLE		36,576	0	1,666
Alibaba Group Holding Inc	SPONSORED ADS	01609w102	907	4,203	SH		SOLE		3,820	0	383
Align Technology Inc	COM	016255101	316	1,152	SH		SOLE		543	0	609
Allstate Corp	COM	020002101	224	2,311	SH		SOLE		1,898	0	413
Alphabet Inc Class A	CAP STK CL A	02079k305	4,487	3,164	SH		SOLE		1,613	0	1,551
Alphabet Inc Class A	CAP STK CL A	02079k305	824	581	SH		DFND	1	581	0	0
Alphabet Inc Class C	CAP STK CL C	02079k107	90,883	64,291	SH		SOLE		58,193	0	6,098
Alphabet Inc Class C	CAP STK CL C	02079k107	2,256	1,596	SH		DFND	1	1,596	0	0
Altria Group Inc	COM	02209s103	568	14,468	SH		SOLE		13,817	0	650
Amazon.com Inc	COM	023135106	65,588	23,774	SH		SOLE		21,128	0	2,646
Amazon.com Inc	COM	023135106	3,203	1,161	SH		DFND	1	1,161	0	0
American Finance Trust Inc ClA	COM CLASS A	02607t109	239	30,103	SH		SOLE		30,103	0	0
American Water Works Co Inc	COM	030420103	348	2,702	SH		SOLE		242	0	2,460
AmerisourceBergen Corp	COM	03073e105	15,217	151,012	SH		SOLE		135,952	0	15,060
Amgen Inc	COM	031162100	1,714	7,268	SH		SOLE		5,824	0	1,444
AMREP Corp	COM	032159105	259	57,326	SH		SOLE		55,722	0	1,604
AMREP Corp	COM	032159105	663	147,021	SH		DFND	1	147,021	0	0
Analog Devices Inc	COM	032654105	1,703	13,885	SH		SOLE		2,893	0	10,992
Annaly Capital Management Inc	COM	035710409	206	31,472	SH		SOLE		30,710	0	762
Anthem Inc	COM	036752103	11,023	41,918	SH		SOLE		37,460	0	4,457
Aon PLC	SHS CL A	g0403h108	13,422	69,687	SH		SOLE		64,627	0	5,060
Apple Inc	COM	037833100	37,633	103,160	SH		SOLE		81,089	0	22,070
Applied Materials Inc	COM	038222105	240	3,964	SH		SOLE		2,580	0	1,384
Ares Capital Corp	COM	04010L103	170	11,771	SH		SOLE		11,771	0	0
Armstrong World Industries Inc	COM	04247x102	1,129	14,480	SH		SOLE		3,060	0	11,420
AT&T Inc	COM	00206r102	1,892	62,593	SH		SOLE		59,061	0	3,531
Axos Financial Inc	COM	05465c100	530	24,000	SH		SOLE		24,000	0	0
Ball Corp	COM	058498106	14,269	205,333	SH		SOLE		186,090	0	19,243
Bank of America Corp	COM	060505104	1,216	51,208	SH		SOLE		49,117	0	2,091
Bank of America NonCumulative	7.25%CNV PFD L	060505682	1,216	906	SH		SOLE		765	0	141
Bank of America NonCumulative	7.25%CNV PFD L	060505682	852	635	SH		DFND	1	635	0	0
Bank of New York Mellon Co	COM	064058100	614	15,889	SH		SOLE		10,966	0	4,923
Baxter International Inc	COM	071813109	1,485	17,250	SH		SOLE		4,157	0	13,093
Berkshire Hathaway CL A	CL A	084670108	4,544	17	SH		SOLE		17	0	0
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	38,323	214,680	SH		SOLE		196,577	0	18,103
Berkshire Hathaway Inc Cl B	CL B NEW	084670702	3,015	16,890	SH		DFND	1	16,890	0	0
BlackRock California Municipal	SH BEN INT	09248e102	3,192	242,366	SH		SOLE		228,263	0	14,103
BlackRock Core Bond Trust	SHS BEN INT	09249e101	4,538	295,253	SH		SOLE		280,513	0	14,740
BlackRock Core Bond Trust	SHS BEN INT	09249e101	962	62,604	SH		DFND	1	62,604	0	0
BlackRock Credit Allocation In	COM	092508100	2,929	221,929	SH		SOLE		211,565	0	10,364
BlackRock Floating Rate Income	COM	09255x100	1,923	171,996	SH		SOLE		169,008	0	2,988
BlackRock Inc	COM	09247x101	19,009	34,937	SH		SOLE		32,147	0	2,789
Blackrock Income Trust	COM	09247F100	100	16,229	SH		SOLE		16,229	0	0
BlackRock Limited Duration Inc	COM SHS	09249w101	2,262	162,416	SH		SOLE		154,244	0	8,172
BlackRock Multi-Sector Income	COM	09258a107	1,220	84,652	SH		SOLE		79,831	0	4,821
BlackRock Municipal 2030 Targe	COM SHS BEN IN	09257p105	2,995	126,042	SH		SOLE		103,579	0	22,463
BlackRock MuniHoldings Califor	COM	09254l107	4,422	312,975	SH		SOLE		270,204	0	42,771
BlackRock MuniHoldings Investm	COM	09254p108	184	14,228	SH		SOLE		14,228	0	0
BlackRock MuniHoldings Investm	COM	09254p108	226	17,476	SH		DFND	1	17,476	0	0
BlackRock MuniYield California	COM	09254m105	2,664	191,226	SH		SOLE		177,631	0	13,595
BlackRock MuniYield California	COM	09254n103	2,852	205,604	SH		SOLE		192,094	0	13,510
BlackRock Taxable Municipal Bo	SHS	09248x100	5,013	201,183	SH		SOLE		190,522	0	10,661
Blackstone Group LP	COM CL A	09260d107	283	5,000	SH		SOLE		5,000	0	0
Bloom Energy Corp	COM CL A	093712107	1,458	134,015	SH		SOLE		121,515	0	12,500
Boeing Co	COM	097023105	1,232	6,721	SH		SOLE		6,376	0	345
Booking Holdings Inc	COM	09857l108	14,470	9,087	SH		SOLE		8,135	0	952
Bristol Myers Squibb Co	COM	110122108	504	8,574	SH		SOLE		5,227	0	3,347
British American Tobacco PLC A	SPONSORED ADR	110448107	541	13,932	SH		SOLE		11,586	0	2,346
British American Tobacco PLC A	SPONSORED ADR	110448107	575	14,800	SH		DFND	1	14,800	0	0
Broadcom Inc	COM	11135f101	2,097	6,645	SH		SOLE		6,216	0	429
Brookfield Asset Management In	CL A LTD VT SH	112585104	17,085	519,314	SH		SOLE		480,350	0	38,964
Brookfield Asset Management In	CL A LTD VT SH	112585104	1,851	56,268	SH		DFND	1	56,268	0	0
Brookfield Infrastructure Part	LP INT UNIT	g16252101	1,013	24,635	SH		SOLE		24,635	0	0
Brookfield Real Assets Income	SHS BEN INT	112830104	640	38,410	SH		SOLE		31,683	0	6,727
Brown Forman Corp Class B With	CL B	115637209	1,900	29,848	SH		SOLE		27,385	0	2,462
Brunswick Corp/DE	COM	117043109	551	8,614	SH		SOLE		1,877	0	6,737
Calamos Global Dynamic Income	COM	12811l107	73	10,000	SH		SOLE		10,000	0	0
Canadian National Railway Co	COM	136375102	1,718	19,393	SH		SOLE		291	0	19,102
Cardiovascular Systems Inc	COM	141619106	207	6,550	SH		SOLE		6,550	0	0
CarMax Inc	COM	143130102	8,707	97,228	SH		SOLE		87,453	0	9,775
Caterpillar Inc	COM	149123101	269	2,129	SH		SOLE		1,999	0	130
CDW Corp/DE	COM	12514g108	285	2,450	SH		SOLE		506	0	1,944
CenturyLink Inc	COM	156700106	4,518	450,429	SH		SOLE		407,151	0	43,277
CenturyLink Inc	COM	156700106	2,917	290,779	SH		DFND	1	290,779	0	0
Charles Schwab Corp	COM	808513105	1,494	44,284	SH		SOLE		43,794	0	490
Charter Communications Inc	CL A	16119p108	266	522	SH		SOLE		449	0	73
Chevron Corp	COM	166764100	4,304	48,232	SH		SOLE		26,627	0	21,605
Cigna Corp	COM	125523100	358	1,908	SH		SOLE		1,777	0	131
Cisco Systems Inc	COM	17275R102	1,836	39,361	SH		SOLE		30,744	0	8,617
Citigroup Inc	COM NEW	172967424	274	5,363	SH		SOLE		4,550	0	813
Coca-Cola Co	COM	191216100	1,182	26,450	SH		SOLE		19,261	0	7,189
Cohen & Steers Limited Duratio	COM	19248c105	1,259	55,938	SH		SOLE		47,887	0	8,051
Cohen & Steers Limited Duratio	COM	19248c105	185	8,223	SH		DFND	1	8,223	0	0
Cohen & Steers Quality Income	COM	19247l106	501	45,858	SH		SOLE		43,028	0	2,830
Cohen & Steers REIT and Prefer	COM	19247x100	658	34,434	SH		SOLE		32,503	0	1,931
Cohen & Steers Select Utility	COM	19248a109	503	22,797	SH		SOLE		21,450	0	1,347
Colgate-Palmolive Co	COM	194162103	221	3,014	SH		SOLE		2,282	0	732
Columbia Diversified Fixed Inc	DIVERSIFID FXD	19761l508	205	9,702	SH		SOLE		7,504	0	2,198
Comcast Corp	CL A	20030n101	13,192	338,425	SH		SOLE		311,039	0	27,386
Comcast Corp	CL A	20030n101	950	24,365	SH		DFND	1	24,365	0	0
Consumer Discretionary Select	SBI CONS DISCR	81369y407	471	3,688	SH		SOLE		3,688	0	0
Corteva Inc	COM	22052l104	1,463	54,623	SH		SOLE		9,976	0	44,647
Costco Wholesale Corp	COM	22160k105	3,145	10,373	SH		SOLE		9,245	0	1,128
Crown Castle International Cor	COM	22822v101	1,493	8,923	SH		SOLE		2,862	0	6,061
CVS Health Corp	COM	126650100	1,286	19,799	SH		SOLE		17,233	0	2,567
CVS Health Corp	COM	126650100	237	3,654	SH		DFND	1	3,654	0	0
Danaher Corp	COM	235851102	273	1,543	SH		SOLE		1,405	0	138
Diageo PLC ADR	SPON ADR NEW	25243q205	2,274	16,918	SH		SOLE		14,548	0	2,370
DocuSign Inc	COM	256163106	599	3,479	SH		SOLE		2,145	0	1,334
Dollar Tree Inc	COM	256746108	314	3,389	SH		SOLE		858	0	2,531
Dominion Energy Inc	COM	25746u109	540	6,648	SH		SOLE		6,398	0	250
Doubleline Income Solutions Cl	COM	258622109	1,049	68,233	SH		SOLE		56,018	0	12,215
Doubleline Income Solutions Cl	COM	258622109	1,661	108,080	SH		DFND	1	108,080	0	0
Doubleline Opportunistic Credi	COM	258623107	1,816	95,834	SH		SOLE		89,940	0	5,894
Doubleline Opportunistic Credi	COM	258623107	1,889	99,694	SH		DFND	1	99,694	0	0
DoubleLine Total Return Tactic	SPDR TR TACTIC	78467v848	5,347	107,908	SH		SOLE		87,658	0	20,250
Dow Inc	COM	260557103	2,129	52,225	SH		SOLE		10,032	0	42,193
DuPont de Nemours Inc	COM	26614n102	3,018	56,811	SH		SOLE		11,274	0	45,537
Eaton Vance California Municip	SH BEN INT	27826f101	3,165	240,154	SH		SOLE		218,065	0	22,089
Eaton Vance Floating-Rate Inco	COM	278279104	352	30,874	SH		SOLE		30,494	0	380
Eaton Vance Insured CA Municip	COM	27828a100	1,578	141,736	SH		SOLE		129,051	0	12,685
Eaton Vance Limited Duration I	COM	27828h105	2,869	254,578	SH		SOLE		248,578	0	6,000
Eaton Vance Municipal Bond Fun	COM	27827X101	2,713	213,301	SH		SOLE		170,824	0	42,477
Eaton Vance Municipal Incm 202	SHS	27829U105	936	45,875	SH		SOLE		20,545	0	25,330
Ecolab Inc	COM	278865100	232	1,168	SH		SOLE		815	0	353
Edwards Lifesciences Corp	COM	28176e108	847	12,259	SH		SOLE		11,924	0	335
Electronic Arts Inc	COM	285512109	312	2,364	SH		SOLE		537	0	1,827
Eli Lilly & Co	COM	532457108	266	1,619	SH		SOLE		945	0	674
Emerson Electric Co	COM	291011104	451	7,270	SH		SOLE		5,111	0	2,159
Enbridge Inc	COM	29250n105	14,553	478,402	SH		SOLE		429,466	0	48,937
Enterprise Products Partners L	COM	293792107	256	14,103	SH		SOLE		11,043	0	3,060
Enterprise Products Partners L	COM	293792107	236	13,000	SH		DFND	1	13,000	0	0
Eros International PLC	SHS NEW	g3788m114	57	17,945	SH		SOLE		17,945	0	0
Exxon Mobil Corp	COM	30231g102	2,412	53,928	SH		SOLE		48,454	0	5,474
Facebook Inc	CL A	30303m102	196,633	865,956	SH		SOLE		846,831	0	19,125
Fidelity National Information	COM	31620m106	237	1,766	SH		SOLE		725	0	1,041
Financial Select Sector SPDR F	SBI INT-FINL	81369y605	606	26,169	SH		SOLE		26,169	0	0
First Trust Senior Floating Ra	COM	33733u108	700	64,299	SH		SOLE		63,223	0	1,075
Fiserv Inc	COM	337738108	2,057	21,074	SH		SOLE		4,801	0	16,273
Flaherty and Crumrine Dynamic	SHS	33848w106	1,234	50,704	SH		SOLE		43,944	0	6,761
Ford Motor Co	COM	345370860	62	10,182	SH		SOLE		9,043	0	1,139
GAMCO Global Gold Natural Reso	COM SH BEN INT	36465a109	74	21,545	SH		SOLE		21,545	0	0
Gaming & Leisure Properties	COM	36467j108	33,925	980,494	SH		SOLE		977,655	0	2,839
GCI Liberty Inc	COM CLASS A	36164v305	1	14	SH		SOLE		14	0	0
GCI Liberty Inc	COM CLASS A	36164v305	2,618	36,817	SH		DFND	1	36,817	0	0
General Electric Co	COM	369604103	207	30,355	SH		SOLE		21,734	0	8,621
General Mills Inc	COM	370334104	291	4,728	SH		SOLE		4,219	0	509
Gilead Sciences Inc	COM	375558103	4,811	62,528	SH		SOLE		59,757	0	2,771
Glacier Bancorp Inc	COM	37637Q105	237	6,724	SH		SOLE		6,724	0	0
GlaxoSmithKline PLC	SPONSORED ADR	37733W105	418	10,252	SH		SOLE		10,120	0	132
GlaxoSmithKline PLC	SPONSORED ADR	37733W105	186	4,550	SH		DFND	1	4,550	0	0
Goldman Sachs ActiveBeta Emerg	ACTIVEBETA EME	381430206	1,415	46,701	SH		SOLE		42,381	0	4,320
Goldman Sachs ActiveBeta Inter	ACTIVEBETA INT	381430107	1,248	46,944	SH		SOLE		42,368	0	4,575
Goldman Sachs ActiveBeta U.S.	ACTIVEBETA US LG	381430503	4,824	77,059	SH		SOLE		71,106	0	5,953
Goldman Sachs ActiveBeta US Sm	ACTIVEBETA US	381430602	274	6,826	SH		SOLE		6,623	0	203
Goldman Sachs Group Inc	COM	38141G104	9,738	49,276	SH		SOLE		44,880	0	4,396
Guggenheim Build America Bonds	COM	401664107	119	5,104	SH		SOLE		3,999	0	1,105
Guggenheim Build America Bonds	COM	401664107	696	29,918	SH		DFND	1	29,918	0	0
Hewlett Packard Enterprise Com	COM	42824c109	100	10,305	SH		SOLE		8,282	0	2,023
Highland/iBoxx Senior Loan ETF	HI LD IBOXX SRLN	430101774	340	21,600	SH		SOLE		21,600	0	0
Home Depot Inc	COM	437076102	3,501	13,975	SH		SOLE		11,461	0	2,514
Honeywell International Inc	COM	438516106	3,291	22,761	SH		SOLE		19,193	0	3,568
IAMGOLD Corp	COM	450913108	176	44,665	SH		SOLE		44,000	0	665
Intel Corp	COM	458140100	1,564	26,144	SH		SOLE		18,151	0	7,994
IntercontinentalExchange Inc	COM	45866f104	1,597	17,431	SH		SOLE		4,032	0	13,399
International Business Machine	COM	459200101	777	6,436	SH		SOLE		5,406	0	1,030
Intuitive Surgical Inc	COM NEW	46120e602	211	370	SH		SOLE		176	0	194
Intuitive Surgical Inc	COM NEW	46120e602	194	340	SH		DFND	1	340	0	0
Invesco Dynamic Credit Opportu	COM	46132r104	718	80,712	SH		SOLE		78,594	0	2,119
Invesco Municipal Opportunity	COM	46132c107	222	18,753	SH		SOLE		13,636	0	5,117
Invesco QQQ Trust Series 1	UNIT SER 1	46090e103	2,103	8,492	SH		SOLE		8,192	0	300
Invesco Quality Municipal Inco	COM	46133G107	595	49,885	SH		SOLE		38,254	0	11,631
Invesco S&P 500 Equal Weight E	S&P500 EQL WGT	46137v357	270	2,649	SH		SOLE		2,649	0	0
Invesco Senior Income Trust	COM	46131h107	603	174,286	SH		SOLE		172,555	0	1,731
Invesco Value Municipal Income	COM	46132p108	543	37,552	SH		SOLE		29,296	0	8,256
Invesco Van Kampen CA Value Mu	COM	46132h106	2,474	211,785	SH		SOLE		195,872	0	15,913
Invesco Variable Rate Investme	VAR RATE INVT	46090a879	1,420	57,714	SH		SOLE		57,524	0	190
IQ Enhanced Core Plus Bond US	IQ ENCH COR PL	45409b479	284	14,253	SH		SOLE		14,253	0	0
IQ Merger Arbitrage ETF	IQ MRGR ARB ETF	45409b800	782	24,792	SH		SOLE		24,767	0	25
IQVIA Holdings Inc	COM	46266c105	22,118	155,894	SH		SOLE		140,714	0	15,180
iShares Barclays CMBS Bond	CMBS ETF	46429b366	775	14,115	SH		SOLE		13,366	0	749
iShares Cohen & Steers Realty	COHEN STEER REIT	464287564	248	2,461	SH		SOLE		2,461	0	0
iShares Core MSCI EAFE ETF	CORE MSCI EAFE	46432f842	2,525	44,181	SH		SOLE		41,425	0	2,756
iShares Core MSCI Emerging Mar	CORE MSCI EMKT	46434g103	1,854	38,953	SH		SOLE		38,890	0	63
Ishares Core S&P Mcp Etf	CORE S&P MCP ETF	464287507	401	2,256	SH		SOLE		2,256	0	0
iShares Core S&P Small-Cap ETF	CORE S&P SCP ETF	464287804	562	8,236	SH		SOLE		8,164	0	72
iShares Core S&P Total US Stoc	CORE S&P TTL STK	464287150	2,276	32,779	SH		SOLE		31,581	0	1,198
iShares Core U.S. Aggregate Bo	CORE US AGGBD ET	464287226	7,635	64,587	SH		SOLE		61,568	0	3,019
iShares DJ Select Dividend Ind	SELECT DIVID ETF	464287168	231	2,864	SH		SOLE		2,314	0	550
iShares Edge MSCI Min Vol EAFE	MIN VOL EAFE ETF	46429b689	400	6,056	SH		SOLE		6,056	0	0
iShares Edge MSCI Multifactor	MULTIFACTOR USA	46434v282	2,501	80,480	SH		SOLE		74,252	0	6,229
iShares Floating Rate Bond Fun	FLTG RATE NT ETF	46429b655	304	6,013	SH		SOLE		5,613	0	400
iShares Global REIT ETF	GLOBAL REIT ETF	46434v647	4,395	210,478	SH		SOLE		201,385	0	9,093
iShares Gold Trust	ISHARES	464285105	96,770	5,695,691	SH		SOLE		5,213,835	0	481,856
iShares Iboxx $ Invest Grade C	IBOXX INV CP ETF	464287242	1,027	7,633	SH		SOLE		6,863	0	770
iShares Iboxx High Yield Corpo	IBOXX HI YD ETF	464288513	398	4,880	SH		SOLE		4,487	0	393
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	543	8,919	SH		SOLE		8,016	0	903
iShares MSCI Emerging Markets	MSCI EMG MKT ETF	464287234	311	7,773	SH		SOLE		6,757	0	1,016
iShares MSCI KLD 400 Social Id	MSCI KLD400 SOC	464288570	274	2,323	SH		SOLE		2,323	0	0
iShares Russell 1000 Growth In	RUS 1000 GRW ETF	464287614	775	4,035	SH		SOLE		4,035	0	0
iShares Russell 1000 Value Ind	RUS 1000 VAL ETF	464287598	331	2,942	SH		SOLE		2,942	0	0
iShares Russell 2000 Index Fun	RUSSELL 2000 ETF	464287655	209	1,457	SH		SOLE		991	0	466
iShares Russell Mid Cap Index	RUS MID CAP ETF	464287499	424	7,919	SH		SOLE		7,745	0	174
iShares S&P 500 Barra Growth I	S&P 500 GRWT ETF	464287309	203	977	SH		SOLE		977	0	0
iShares S&P 500 Index Fund	CORE S&P500 ETF	464287200	14,543	46,960	SH		SOLE		45,140	0	1,820
iShares S&P California Municip	CALIF MUN BD ETF	464288356	8,169	131,425	SH		SOLE		108,955	0	22,470
iShares S&P S/T Nationall AMT-	SHRT NAT MUN ETF	464288158	335	3,110	SH		SOLE		3,110	0	0
Johnson & Johnson	COM	478160104	5,185	36,869	SH		SOLE		28,708	0	8,161
JPMorgan Alerian MLP Index ETN	ALERIAN ML ETN	46625h365	1,172	88,756	SH		SOLE		87,562	0	1,194
JPMorgan Chase & Co	COM	46625h100	19,179	203,899	SH		SOLE		184,127	0	19,772
JPMorgan Ultra-Short Income ET	ULTRA SHRT INC	46641Q837	24,477	482,495	SH		SOLE		442,254	0	40,241
JPMorgan Ultra-Short Income ET	ULTRA SHRT INC	46641Q837	1,088	21,450	SH		DFND	1	21,450	0	0
Kayne Anderson Midstream/Energ	COM	48661e108	1,421	313,622	SH		SOLE		285,341	0	28,281
Kayne Anderson MLP/Midstream I	COM	486606106	3,437	650,886	SH		SOLE		590,385	0	60,501
Keysight Technologies Inc	COM	49338l103	336	3,335	SH		SOLE		1,336	0	1,999
Kimberly-Clark Corp	COM	494368103	230	1,625	SH		SOLE		1,390	0	235
Kinder Morgan Inc	COM	49456B101	799	52,664	SH		SOLE		43,073	0	9,591
KKR & Co Inc	COM	48251w104	15	500	SH		SOLE		500	0	0
KKR & Co Inc	COM	48251w104	679	22,000	SH		DFND	1	22,000	0	0
Lam Research Corp	COM	512807108	578	1,788	SH		SOLE		1,710	0	78
Las Vegas Sands Corp	COM	517834107	1,395	30,631	SH		SOLE		28,206	0	2,425
Lennar Corp Cl B	CL B	526057302	10,539	228,659	SH		SOLE		208,576	0	20,084
Liberty Broadband Corp Com Cl	COM SER C	530307305	15,139	122,125	SH		SOLE		111,834	0	10,291
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	200	6,849	SH		SOLE		6,849	0	0
Liberty Media Corp-Liberty For	COM SER A FRMLA	531229870	3,323	113,884	SH		DFND	1	113,884	0	0
Linde PLC	SHS	g5494j103	238	1,123	SH		SOLE		897	0	226
Lockheed Martin Corp	COM	539830109	974	2,670	SH		SOLE		2,278	0	392
Lowe's Companies Inc	COM	548661107	36,769	272,119	SH		SOLE		241,057	0	31,062
Lyft Inc	CL A COM	55087p104	4,955	150,106	SH		SOLE		135,626	0	14,480
Marsh & McLennan Cos Inc	COM	571748102	295	2,748	SH		SOLE		2,655	0	93
Martin Marietta Materials Inc	COM	573284106	15,423	74,662	SH		SOLE		68,402	0	6,260
Mastercard Inc	CL A	57636q104	47,424	160,380	SH		SOLE		144,858	0	15,522
McDonald's Corp	COM	580135101	2,680	14,525	SH		SOLE		9,100	0	5,425
McKesson Corp	COM	58155Q103	266	1,734	SH		SOLE		1,382	0	352
Medtronic PLC	SHS	g5960l103	25,251	275,361	SH		SOLE		234,472	0	40,889
Merck & Co Inc	COM	58933Y105	1,276	16,499	SH		SOLE		13,483	0	3,016
MFS Multi-Market	SH BEN INT	552737108	2,599	465,768	SH		SOLE		438,296	0	27,472
Microsoft Corp	COM	594918104	260,160	1,278,363	SH		SOLE		1,234,577	0	43,786
Mondelez International Inc	CL A	609207105	667	13,040	SH		SOLE		12,357	0	683
Motorola Solutions Inc	COM NEW	620076307	969	6,915	SH		SOLE		1,780	0	5,135
National Oilwell Varco Inc	COM	637071101	145	11,838	SH		SOLE		10,779	0	1,059
Netflix Inc	COM	64110l106	953	2,094	SH		SOLE		1,743	0	351
Neuberger Berman CA Interm Mu	COM	64123c101	2,243	174,353	SH		SOLE		149,493	0	24,860
New America High Income Fund	COM NEW	641876800	2,094	268,813	SH		SOLE		256,345	0	12,469
NextEra Energy Inc	COM	65339F101	760	3,163	SH		SOLE		2,691	0	472
Nextpoint Residential Trust	COM	65341d102	570	16,111	SH		SOLE		0	0	16,111
NIKE Inc	CL B	654106103	1,095	11,165	SH		SOLE		7,359	0	3,806
Norfolk Southern Corp	COM	655844108	747	4,253	SH		SOLE		1,117	0	3,136
Novartis AG	SPONSORED ADR	66987V109	927	10,613	SH		SOLE		9,058	0	1,555
Nuveen Amt-Free Municipal Inco	COM	670657105	483	34,719	SH		SOLE		19,584	0	15,135
Nuveen Build America Bond Fund	COM	67074c103	3,842	178,946	SH		SOLE		168,980	0	9,966
Nuveen CA Muni Value Fund	COM	67062C107	7,281	712,395	SH		SOLE		633,248	0	79,147
Nuveen CA Sel Tax Free Income	SH BEN INT	67063r103	1,827	111,381	SH		SOLE		108,166	0	3,215
Nuveen California AMT-Free Qua	COM	670651108	2,890	193,554	SH		SOLE		167,942	0	25,612
Nuveen California Quality Muni	COM	67066y105	5,767	404,155	SH		SOLE		349,989	0	54,166
Nuveen Credit Strategies Incom	COM SHS	67073d102	1,727	295,707	SH		SOLE		294,035	0	1,672
Nuveen Enhanced AMT-Free Muni	COM	67071l106	340	22,273	SH		SOLE		19,823	0	2,450
Nuveen Enhanced Municipal Cred	COM SH BEN INT	67070x101	211	14,303	SH		SOLE		14,303	0	0
Nuveen Intermediate Duration M	COM	670671106	231	17,504	SH		SOLE		13,886	0	3,618
Nuveen Intermediate Duration Q	COM	670677103	181	12,771	SH		SOLE		12,771	0	0
Nuveen Preferred Income Opport	COM	67073b106	318	38,623	SH		SOLE		38,623	0	0
Nuveen Quality Municipal Incom	COM	67066v101	318	22,650	SH		SOLE		19,178	0	3,472
Nuveen Quality Preferred Incom	COM	67072C105	151	17,843	SH		SOLE		17,843	0	0
Nuveen Real Asset Income and G	COM	67074y105	193	16,529	SH		SOLE		16,255	0	274
NVIDIA Corp	COM	67066g104	725	1,907	SH		SOLE		1,138	0	769
Oaktree Specialty Lending Corp	COM	67401p108	241	53,880	SH		SOLE		53,880	0	0
Oaktree Strategic Income Corp	COM	67402d104	181	28,617	SH		SOLE		28,617	0	0
Oaktree Strategic Income Corp	COM	67402d104	191	30,103	SH		DFND	1	30,103	0	0
Oracle Corp	COM	68389X105	673	12,172	SH		SOLE		7,790	0	4,382
O'Reilly Automotive Inc	COM	67103H107	216	512	SH		SOLE		399	0	113
Oxford Square Capital Corp	COM	69181v107	28	10,126	SH		SOLE		10,126	0	0
PACCAR Inc	COM	693718108	324	4,325	SH		SOLE		4,200	0	125
Paychex Inc	COM	704326107	234	3,087	SH		SOLE		2,543	0	544
PayPal Holdings Inc	COM	70450y103	1,201	6,891	SH		SOLE		3,944	0	2,947
PCM Fund Inc	COM	69323T101	1,021	108,338	SH		SOLE		106,490	0	1,848
PepsiCo Inc	COM	713448108	1,525	11,533	SH		SOLE		9,102	0	2,431
Pfizer Inc	COM	717081103	21,217	648,826	SH		SOLE		513,830	0	134,996
PGIM High Yield Bond Fund Inc	COM	69346H100	74	5,614	SH		SOLE		5,614	0	0
PGIM High Yield Bond Fund Inc	COM	69346H100	1,091	82,500	SH		DFND	1	82,500	0	0
Philip Morris International In	COM	718172109	22,084	315,215	SH		SOLE		292,757	0	22,458
Philip Morris International In	COM	718172109	915	13,065	SH		DFND	1	13,065	0	0
PICO Holdings Inc	COM NEW	693366205	2,641	313,234	SH		SOLE		234,547	0	78,687
PICO Holdings Inc	COM NEW	693366205	5,497	652,122	SH		DFND	1	652,122	0	0
PIMCO Active Bond ETF	ACTIVE BD ETF	72201r775	1,630	14,603	SH		SOLE		8,675	0	5,928
PIMCO Corporate & Income Oppor	COM	72201b101	231	14,896	SH		SOLE		14,896	0	0
PIMCO Dynamic Credit and Mortg	COM SHS	72202d106	2,764	149,978	SH		SOLE		133,345	0	16,633
PIMCO Dynamic Credit and Mortg	COM SHS	72202d106	2,179	118,211	SH		DFND	1	118,211	0	0
PIMCO Dynamic Income Fund	SHS	72201y101	378	15,301	SH		SOLE		15,151	0	150
PIMCO Energy & Tactical Credit	COM SHS BEN INT	69346n107	4,929	698,097	SH		SOLE		609,364	0	88,733
PIMCO Enhanced Short Maturity	ENHAN SHRT MA AC	72201r833	2,836	27,889	SH		SOLE		26,567	0	1,322
PIMCO Income Strategy Fund II	COM	72201j104	484	55,607	SH		SOLE		54,477	0	1,130
PIMCO Municipal Income Fund II	COM	72200w106	411	30,591	SH		SOLE		30,591	0	0
PNC Financial Services Group I	COM	693475105	207	1,971	SH		SOLE		1,846	0	125
Point Bridge Gop Stock Tracker	POINT BRIDGE GOP	26922a628	1,846	77,000	SH		SOLE		77,000	0	0
Procter & Gamble Co	COM	742718109	2,939	24,576	SH		SOLE		21,587	0	2,989
Prospect Capital Corp	COM	74348t102	66	12,947	SH		SOLE		12,947	0	0
Public Storage	COM	74460d109	1,466	7,638	SH		SOLE		2,035	0	5,603
QUALCOMM Inc	COM	747525103	15,737	172,533	SH		SOLE		149,133	0	23,400
Raytheon Technologies Corp	COM	75513e101	793	12,874	SH		SOLE		7,988	0	4,886
Realty Income Corp	COM	756109104	342	5,750	SH		SOLE		5,593	0	157
Reaves Utility Income Fund	COM SH BEN INT	756158101	435	14,404	SH		SOLE		13,373	0	1,031
Republic Services Inc	COM	760759100	304	3,707	SH		SOLE		3,281	0	426
Retail Opportunity Investments	COM	76131n101	1,484	130,992	SH		SOLE		119,912	0	11,080
Rexford Industrial Realty Inc	COM	76169C100	11,281	272,291	SH		SOLE		235,807	0	36,484
RiverNorth/DoubleLine Strategi	COM	76882G107	635	45,650	SH		SOLE		43,878	0	1,772
RiverNorth/DoubleLine Strategi	COM	76882G107	3,174	228,153	SH		DFND	1	228,153	0	0
RLI Corp	COM	749607107	261	3,183	SH		SOLE		3,183	0	0
RLJ Lodging Trust Pfd 1.95 Sr	CUM CONV PFD A	74965l200	545	24,889	SH		SOLE		20,917	0	3,972
Robert Half International Inc	COM	770323103	259	4,900	SH		SOLE		0	0	4,900
Rockwell Automation Inc	COM	773903109	838	3,935	SH		SOLE		3,249	0	686
Royce Micro Capital Trust Inc	COM	780915104	594	82,471	SH		SOLE		69,735	0	12,736
S&P Global Inc	COM	78409v104	1,990	6,041	SH		SOLE		1,275	0	4,766
salesforce.com Inc	COM	79466l302	18,970	101,265	SH		SOLE		90,867	0	10,398
Sanofi	SPONSORED ADR	80105n105	14	284	SH		SOLE		150	0	134
Sanofi	SPONSORED ADR	80105n105	197	3,850	SH		DFND	1	3,850	0	0
Schwab Large Cap Blend - ETF	US LRG CAP ETF	808524201	307	4,139	SH		SOLE		4,139	0	0
Schwab U.S. Large-Cap Value ET	US LCAP VA ETF	808524409	284	5,671	SH		SOLE		5,671	0	0
Schwab US Dividend Equity ETF	US DIVIDEND EQ	808524797	230	4,443	SH		SOLE		4,443	0	0
Sempra Energy	COM	816851109	275	2,345	SH		SOLE		2,218	0	127
Sherwin-Williams Co/The	COM	824348106	232	402	SH		SOLE		400	0	2
Skyworks Solutions Inc	COM	83088m102	1,252	9,793	SH		SOLE		2,195	0	7,598
Snap Inc	CL A	83304a106	2,441	103,934	SH		SOLE		0	0	103,934
Sony Corp ADR	SPONSORED ADR	835699307	9,117	131,879	SH		SOLE		120,354	0	11,525
Sony Corp ADR	SPONSORED ADR	835699307	297	4,295	SH		DFND	1	4,295	0	0
Southwest Airlines Co	COM	844741108	586	17,139	SH		SOLE		15,935	0	1,204
SPDR Gold Trust	GOLD SHS	78463v107	3,002	17,938	SH		SOLE		17,876	0	62
SPDR Portfolio World ex US ETF	PORTFOLIO DEVLPD	78463x889	342	12,382	SH		SOLE		0	0	12,382
SPDR S&P 500 ETF Unit Trust	TR UNIT	78462f103	15,325	49,698	SH		SOLE		47,672	0	2,025
SPDR S&P Dividend ETF	S&P DIVID ETF	78464A763	273	2,995	SH		SOLE		2,995	0	0
SPDR S&P Global Infrastructure	S&P GBLINF ETF	78463x855	2,377	54,329	SH		SOLE		51,581	0	2,748
SPDR SSgA Global Allocation ET	GLOBL ALLO ETF	78467V400	1,698	46,063	SH		SOLE		42,529	0	3,534
Starbucks Corp	COM	855244109	10,347	140,598	SH		SOLE		124,133	0	16,465
Starwood Property Trust Inc	COM	85571b105	945	63,176	SH		SOLE		60,017	0	3,159
Sterling Bancorp	COM	85917a100	2,173	185,371	SH		SOLE		185,371	0	0
Stryker Corp	COM	863667101	119	661	SH		SOLE		500	0	161
Stryker Corp	COM	863667101	81	450	SH		DFND	1	450	0	0
Synopsys Inc	COM	871607107	224	1,147	SH		SOLE		950	0	197
Sysco Corp	COM	871829107	328	5,992	SH		SOLE		5,741	0	251
Tandy Leather Factory Inc	COM	87538X105	172	51,555	SH		SOLE		50,040	0	1,515
Tandy Leather Factory Inc	COM	87538X105	62	18,548	SH		DFND	1	18,548	0	0
Tanzanian Gold Corp	COM	87601a107	104	117,371	SH		SOLE		117,371	0	0
Target Corp	COM	87612e106	532	4,438	SH		SOLE		3,598	0	840
TCW Strategic Income Fund Inc	COM	872340104	5,545	1,015,614	SH		SOLE		941,505	0	74,109
TCW Strategic Income Fund Inc	COM	872340104	217	39,710	SH		DFND	1	39,710	0	0
Technology Select Sector SPDR	TECHNOLOGY	81369y803	383	3,661	SH		SOLE		3,661	0	0
Tesla Motors Inc	COM	88160r101	1,266	1,172	SH		SOLE		893	0	279
Texas Instruments Inc	COM	882508104	12,403	97,685	SH		SOLE		88,431	0	9,254
Texas Pacific Land Trust	SUB CTF PROP I T	882610108	79	133	SH		SOLE		133	0	0
Texas Pacific Land Trust	SUB CTF PROP I T	882610108	2,545	4,280	SH		DFND	1	4,280	0	0
Thermo Fisher Scientific Inc	COM	883556102	739	2,039	SH		SOLE		1,386	0	653
TJX Companies Inc	COM	872540109	13,125	259,593	SH		SOLE		237,177	0	22,416
Tortoise North American Pipeli	TORTOISE NRAM PI	56167n720	381	23,060	SH		SOLE		23,060	0	0
Uber Technologies Inc	COM	90353t100	7,208	231,902	SH		SOLE		208,779	0	23,123
Unilever PLC	SPON ADR NEW	904767704	398	7,258	SH		SOLE		6,261	0	997
Union Pacific Corp	COM	907818108	557	3,293	SH		SOLE		3,104	0	189
United Parcel Service Inc	CL B	911312106	18,773	168,855	SH		SOLE		167,588	0	1,267
UnitedHealth Group Inc	COM	91324p102	13,273	45,002	SH		SOLE		40,357	0	4,645
VanEck Vectors Morningstar Wid	MORNINGSTAR WIDE	92189f643	1,433	27,434	SH		SOLE		23,764	0	3,670
Vanguard FTSE Developed Market	FTSE DEV MKT ETF	921943858	347	8,946	SH		SOLE		8,946	0	0
Vanguard FTSE Emerging Markets	FTSE EMR MKT ETF	922042858	593	14,977	SH		SOLE		1,303	0	13,674
Vanguard Growth ETF	GROWTH ETF	922908736	625	3,095	SH		SOLE		3,005	0	90
Vanguard Intermediate-Term Bon	INTERMED TERM	921937819	224	2,405	SH		SOLE		2,405	0	0
Vanguard Intermediate-Term Cor	INT-TERM CORP	92206c870	842	8,855	SH		SOLE		8,702	0	153
Vanguard Mid Cap ETF	MID CAP ETF	922908629	3,194	19,485	SH		SOLE		19,485	0	0
Vanguard Mortgage-Backed Secur	MORTG-BACK SEC	92206c771	1,782	32,784	SH		SOLE		31,652	0	1,132
Vanguard REIT ETF	REAL ESTATE ETF	922908553	2,829	36,027	SH		SOLE		34,164	0	1,863
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	6,076	21,438	SH		SOLE		21,438	0	0
Vanguard S&P Small-Cap 600 ETF	SMLLCP 600 IDX	921932828	1,698	13,566	SH		SOLE		13,566	0	0
Vanguard Short Term Corporate	SHRT TRM CORP BD	92206c409	470	5,691	SH		SOLE		5,691	0	0
Vanguard Total Stock Market ET	TOTAL STK MKT	922908769	693	4,428	SH		SOLE		4,428	0	0
Vanguard Value ETF	VALUE ETF	922908744	275	2,758	SH		SOLE		2,758	0	0
Vereit Inc	COM	92339v100	52,914	8,229,205	SH		SOLE		7,278,219	0	950,986
Vereit Inc	COM	92339v100	1,599	248,694	SH		DFND	1	248,694	0	0
Verizon Communications Inc	COM	92343v104	1,467	26,614	SH		SOLE		21,860	0	4,754
Visa Inc	COM CL A	92826C839	20,795	107,652	SH		SOLE		93,235	0	14,417
Voya Prime Rate Trust	SH BEN INT	92913a100	471	115,674	SH		SOLE		114,269	0	1,405
Vulcan Materials Co	COM	929160109	1,224	10,564	SH		SOLE		2,183	0	8,381
Wal-Mart Stores Inc	COM	931142103	1,336	11,155	SH		SOLE		9,136	0	2,019
Walt Disney Co	COM DISNEY	254687106	42,080	377,365	SH		SOLE		340,465	0	36,900
Waste Management Inc	COM	94106L109	878	8,294	SH		SOLE		1,798	0	6,496
Wells Fargo & Co	COM	949746101	503	19,633	SH		SOLE		19,498	0	135
Wells Fargo & Co New Perp Pfd	PERP PFD CNV A	949746804	4,131	3,185	SH		SOLE		2,978	0	208
Wells Fargo Multi-Sector Incom	COM	94987D101	247	22,457	SH		SOLE		18,292	0	4,164
Western Asset/Claymore US Trea	COM	95766r104	149	13,553	SH		SOLE		13,553	0	0
Williams Companies Inc	COM	969457100	303	15,927	SH		SOLE		12,944	0	2,983
WisdomTree Floating Rate Treas	FLOATNG RAT TREA	97717x628	306	12,163	SH		SOLE		12,163	0	0
WisdomTree U.S. Quality Divide	US QTLY DIV GRT	97717X669	267	5,868	SH		SOLE		5,868	0	0
WisdomTree Yield Enhanced US A	YIELD ENHANCD US	97717x511	1,093	20,312	SH		SOLE		18,976	0	1,336
Woodward Inc	COM	980745103	465	6,001	SH		SOLE		6,000	0	1
Yum! Brands Inc	COM	988498101	811	9,328	SH		SOLE		7,732	0	1,597
Zebra Technologies Corp	CL A	989207105	499	1,951	SH		SOLE		415	0	1,536
Zimmer Biomet Holdings Inc	COM	98956p102	859	7,195	SH		SOLE		6,313	0	882
Zoetis Inc.	CL A	98978v103	250	1,825	SH		SOLE		732	0	1,093