Baker Ellis Asset Management 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
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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 Company	COMMON STOCK	88579Y101	558	3,188	SH		SOLE	NONE	3,188	0	0
Abbott Laboratories	COMMON STOCK	002824100	1,562	39,729	SH		SOLE	NONE	39,729	0	0
AbbVie Inc.	COMMON STOCK	00287Y109	1,623	26,212	SH		SOLE	NONE	26,212	0	0
Aberdeen Asia-Pacific Income Fund	ETF/ETN	003009107	127	25,400	SH		SOLE	NONE	25,400	0	0
ABM Industries	COMMON STOCK	000957100	520	14,250	SH		SOLE	NONE	14,250	0	0
Accenture PLC	COMMON STOCK	G1151C101	195	1,717	SH		SOLE	NONE	1,717	0	0
Alaska Air Group	COMMON STOCK	011659109	329	5,650	SH		SOLE	NONE	5,650	0	0
Alaska Communications Systems	COMMON STOCK	01167P101	45	26,500	SH		SOLE	NONE	26,500	0	0
Alexander & Baldwin	COMMON STOCK	014491104	636	17,587	SH		SOLE	NONE	17,587	0	0
Alphabet Inc. CL A	COMMON STOCK	02079K305	1,387	1,972	SH		SOLE	NONE	1,972	0	0
Alphabet Inc. CL C	COMMON STOCK	02079K107	1,267	1,830	SH		SOLE	NONE	1,830	0	0
Altria Group	COMMON STOCK	718154107	413	5,986	SH		SOLE	NONE	5,986	0	0
Amazon.com Inc.	COMMON STOCK	023135106	774	1,082	SH		SOLE	NONE	1,082	0	0
American Express	COMMON STOCK	025816109	875	14,395	SH		SOLE	NONE	14,395	0	0
AmerisourceBergen Corporation	COMMON STOCK	03073E105	3,656	46,096	SH		SOLE	NONE	46,096	0	0
Amgen Inc	COMMON STOCK	031162100	190	1,247	SH		SOLE	NONE	1,247	0	0
Anadarko Pete Corp	COMMON STOCK	032511107	150	2,825	SH		SOLE	NONE	2,825	0	0
Anheuser-Busch InBev	COMMON STOCK	035229103	257	1,950	SH		SOLE	NONE	1,950	0	0
Apollo Commercial Real Estate	REIT	03762U105	493	30,682	SH		SOLE	NONE	30,682	0	0
Apple Computer	COMMON STOCK	037833100	1,527	15,975	SH		SOLE	NONE	15,975	0	0
AptarGroup Inc	COMMON STOCK	038336103	119	1,500	SH		SOLE	NONE	1,500	0	0
Archer Daniels Midland	COMMON STOCK	039483102	367	8,550	SH		SOLE	NONE	8,550	0	0
Armada Hoffler Properties, Inc	REIT	04208T108	298	21,700	SH		SOLE	NONE	21,700	0	0
AT&T	COMMON STOCK	00206R102	474	10,960	SH		SOLE	NONE	10,960	0	0
Automatic Data Processing	COMMON STOCK	053015103	447	4,870	SH		SOLE	NONE	4,870	0	0
Avista Corp.	COMMON STOCK	05379B107	607	13,550	SH		SOLE	NONE	13,550	0	0
B/E Aerospace Inc.	COMMON STOCK	073302101	2,239	48,480	SH		SOLE	NONE	48,480	0	0
Baldwin & Lyons Inc CL B	COMMON STOCK	057755209	412	16,700	SH		SOLE	NONE	16,700	0	0
Ball Corp	COMMON STOCK	058498106	1,804	24,953	SH		SOLE	NONE	24,953	0	0
Bank of America	COMMON STOCK	060505104	167	12,600	SH		SOLE	NONE	12,600	0	0
Bank of New York Mellon	COMMON STOCK	064058100	1,956	50,356	SH		SOLE	NONE	50,356	0	0
Bank of Nova Scotia	COMMON STOCK	064149107	697	14,228	SH		SOLE	NONE	14,228	0	0
BCE Inc.	COMMON STOCK	05534B760	572	12,100	SH		SOLE	NONE	12,100	0	0
Becton Dickinson Co	COMMON STOCK	075887109	161	950	SH		SOLE	NONE	950	0	0
Berkshire Hathaway Cl A	COMMON STOCK	084670108	4,556	21	SH		SOLE	NONE	21	0	0
Berkshire Hathaway Cl B	COMMON STOCK	084670702	9,801	67,690	SH		SOLE	NONE	67,690	0	0
Bluerock Residential PFD A	PREFERRED STOCK	09627J508	141	5,300	SH		SOLE	NONE	5,300	0	0
Boeing	COMMON STOCK	097023105	299	2,300	SH		SOLE	NONE	2,300	0	0
BP p.l.c.	COMMON STOCK	055622104	277	7,800	SH		SOLE	NONE	7,800	0	0
Bristol Myers Squibb	COMMON STOCK	110122108	2,501	34,007	SH		SOLE	NONE	34,007	0	0
Brixmor Property Group Inc.	REIT	11120U105	1,193	45,075	SH		SOLE	NONE	45,075	0	0
Broadridge Financial Solutions	COMMON STOCK	11133T103	261	4,000	SH		SOLE	NONE	4,000	0	0
Campbell Soup Company	COMMON STOCK	134429109	536	8,053	SH		SOLE	NONE	8,053	0	0
Canadian National Railway Co.	COMMON STOCK	136375102	295	5,000	SH		SOLE	NONE	5,000	0	0
Carriage Services	COMMON STOCK	143905107	142	6,000	SH		SOLE	NONE	6,000	0	0
ChevronTexaco	COMMON STOCK	166764100	1,413	13,483	SH		SOLE	NONE	13,483	0	0
Cisco Systems	COMMON STOCK	17275R102	457	15,943	SH		SOLE	NONE	15,943	0	0
Clorox Company	COMMON STOCK	189054109	810	5,851	SH		SOLE	NONE	5,851	0	0
Coca-Cola Company	COMMON STOCK	191216100	1,150	25,379	SH		SOLE	NONE	25,379	0	0
Coca-Cola European Partners PL	COMMON STOCK	G25839104	364	10,195	SH		SOLE	NONE	10,195	0	0
Comcast Corporation	COMMON STOCK	20030N101	1,589	24,381	SH		SOLE	NONE	24,381	0	0
Consolidated Edison	COMMON STOCK	209115104	105	1,300	SH		SOLE	NONE	1,300	0	0
Corning Inc	COMMON STOCK	219350105	125	6,100	SH		SOLE	NONE	6,100	0	0
Costco Wholesale	COMMON STOCK	22160K105	1,045	6,655	SH		SOLE	NONE	6,655	0	0
Deere & Company	COMMON STOCK	244199105	440	5,426	SH		SOLE	NONE	5,426	0	0
Delta Air Lines Inc.	COMMON STOCK	247361702	251	6,885	SH		SOLE	NONE	6,885	0	0
Diageo PLC	COMMON STOCK	25243Q205	207	1,835	SH		SOLE	NONE	1,835	0	0
Dominion Resources	COMMON STOCK	25746U109	723	9,277	SH		SOLE	NONE	9,277	0	0
Du Pont	COMMON STOCK	263534109	1,942	29,968	SH		SOLE	NONE	29,968	0	0
Duke Energy	COMMON STOCK	264399106	226	2,637	SH		SOLE	NONE	2,637	0	0
Edwards Lifesciences	COMMON STOCK	28176E108	199	2,000	SH		SOLE	NONE	2,000	0	0
Enterprise Products	REIT	293792107	117	4,000	SH		SOLE	NONE	4,000	0	0
Equity Residential	REIT	29476L107	196	2,850	SH		SOLE	NONE	2,850	0	0
Eversource Energy	COMMON STOCK	30040W108	1,118	18,661	SH		SOLE	NONE	18,661	0	0
Express Scripts Holding Co.	COMMON STOCK	302182100	129	1,705	SH		SOLE	NONE	1,705	0	0
Exxon Mobil	COMMON STOCK	30231G102	1,802	19,220	SH		SOLE	NONE	19,220	0	0
Facebook Inc	COMMON STOCK	30303M102	390	3,410	SH		SOLE	NONE	3,410	0	0
Fedex Corp	COMMON STOCK	31428X106	736	4,850	SH		SOLE	NONE	4,850	0	0
Ferrari N.V.	COMMON STOCK	N3167Y103	300	7,340	SH		SOLE	NONE	7,340	0	0
Fiat Chrysler Automobiles N.V.	COMMON STOCK	N31738102	567	92,700	SH		SOLE	NONE	92,700	0	0
Flexshares Quality Dividend In	ETF/ETN	33939L860	322	8,780	SH		SOLE	NONE	8,780	0	0
Fomento Economico Mexicano	COMMON STOCK	344419106	2,300	24,871	SH		SOLE	NONE	24,871	0	0
Ford Motor	COMMON STOCK	345370860	365	29,050	SH		SOLE	NONE	29,050	0	0
Fresh Del Monte Produce	COMMON STOCK	G36738105	3,715	68,251	SH		SOLE	NONE	68,251	0	0
Gabelli Global Sml & Md Cap PF	ETF/ETN	36249W203	127	5,000	SH		SOLE	NONE	5,000	0	0
General American Investors Co.	COMMON STOCK	368802104	169	5,497	SH		SOLE	NONE	5,497	0	0
General Electric	COMMON STOCK	369604103	543	17,258	SH		SOLE	NONE	17,258	0	0
General Mills	COMMON STOCK	370334104	7,045	98,774	SH		SOLE	NONE	98,774	0	0
General Motors	COMMON STOCK	37045V100	279	9,853	SH		SOLE	NONE	9,853	0	0
Genuine Parts	COMMON STOCK	372460105	1,463	14,450	SH		SOLE	NONE	14,450	0	0
GlaxoSmithKline Plc Adr	COMMON STOCK	37733W105	130	3,000	SH		SOLE	NONE	3,000	0	0
Hasbro	COMMON STOCK	418056107	292	3,477	SH		SOLE	NONE	3,477	0	0
Helmerich & Payne	COMMON STOCK	423452101	319	4,750	SH		SOLE	NONE	4,750	0	0
Highwoods Properties Inc.	REIT	431284108	808	15,300	SH		SOLE	NONE	15,300	0	0
Home Depot	COMMON STOCK	437076102	828	6,486	SH		SOLE	NONE	6,486	0	0
Honeywell Intl.	COMMON STOCK	438516106	2,217	19,063	SH		SOLE	NONE	19,063	0	0
Host Hotels & Resorts, Inc.	REIT	44107P104	533	32,875	SH		SOLE	NONE	32,875	0	0
Humana Inc.	COMMON STOCK	444859102	484	2,690	SH		SOLE	NONE	2,690	0	0
Imperial Oil Ltd.	COMMON STOCK	453038408	690	21,876	SH		SOLE	NONE	21,876	0	0
Ingles Markets, Inc.	COMMON STOCK	457030104	2,112	56,619	SH		SOLE	NONE	56,619	0	0
Intel	COMMON STOCK	458140100	679	20,701	SH		SOLE	NONE	20,701	0	0
Intl Paper Co.	COMMON STOCK	460146103	3,051	71,992	SH		SOLE	NONE	71,992	0	0
Investors Title	COMMON STOCK	461804106	680	7,141	SH		SOLE	NONE	7,141	0	0
iShares 1-3 Yr Treas Index Fd	ETF/ETN	464287457	171	2,000	SH		SOLE	NONE	2,000	0	0
iShares DJ US Oil Equip & Svcs	ETF/ETN	464288844	719	18,615	SH		SOLE	NONE	18,615	0	0
iShares Global Telecom Fd	ETF/ETN	464287275	1,748	27,667	SH		SOLE	NONE	27,667	0	0
iShares Hong Kong Index Fd	ETF/ETN	464286871	142	7,250	SH		SOLE	NONE	7,250	0	0
iShares MSCI EAFE Minimum Vola	ETF/ETN	46429B689	6,375	96,025	SH		SOLE	NONE	96,025	0	0
iShares Russell 1000	ETF/ETN	464287622	243	2,081	SH		SOLE	NONE	2,081	0	0
iShares Russell 1000 Value Ind	ETF/ETN	464287598	287	2,781	SH		SOLE	NONE	2,781	0	0
iShares Russell Mid-Cap Index	ETF/ETN	464287499	231	1,374	SH		SOLE	NONE	1,374	0	0
iShares Russell Midcap Value I	ETF/ETN	464287473	322	4,334	SH		SOLE	NONE	4,334	0	0
ITT Inc.	COMMON STOCK	45073V108	1,045	32,678	SH		SOLE	NONE	32,678	0	0
J P Morgan Chase	COMMON STOCK	46625H100	991	15,940	SH		SOLE	NONE	15,940	0	0
JM Smucker	COMMON STOCK	832696405	507	3,329	SH		SOLE	NONE	3,329	0	0
John Bean Technologies	COMMON STOCK	477839104	2,365	38,638	SH		SOLE	NONE	38,638	0	0
Johnson & Johnson	COMMON STOCK	478160104	4,109	33,876	SH		SOLE	NONE	33,876	0	0
Kimberly Clark	COMMON STOCK	494368103	2,475	18,005	SH		SOLE	NONE	18,005	0	0
Kite Realty Group Trust	REIT	49803T300	223	7,950	SH		SOLE	NONE	7,950	0	0
Kraft Heinz Co.	COMMON STOCK	500754106	283	3,201	SH		SOLE	NONE	3,201	0	0
Kroger	COMMON STOCK	501044101	9,256	251,581	SH		SOLE	NONE	251,581	0	0
Laboratory Corp of America Hol	COMMON STOCK	50540R409	851	6,530	SH		SOLE	NONE	6,530	0	0
Liberty Global Inc.	COMMON STOCK	G5480U104	102	3,495	SH		SOLE	NONE	3,495	0	0
Macy's Inc	COMMON STOCK	55616P104	101	3,000	SH		SOLE	NONE	3,000	0	0
Marathon Petroleum Corp	COMMON STOCK	56585A102	507	13,348	SH		SOLE	NONE	13,348	0	0
Marcus Corp	REIT	566330106	600	28,450	SH		SOLE	NONE	28,450	0	0
MartenTransport Ltd.	COMMON STOCK	573075108	436	22,040	SH		SOLE	NONE	22,040	0	0
Matson Navigation Co.	COMMON STOCK	57686G105	776	24,036	SH		SOLE	NONE	24,036	0	0
Mckesson Corp.	COMMON STOCK	58155Q103	137	735	SH		SOLE	NONE	735	0	0
MDU Resources Group Inc.	COMMON STOCK	552690109	175	7,275	SH		SOLE	NONE	7,275	0	0
Merck & Co Inc	COMMON STOCK	58933Y105	1,716	29,794	SH		SOLE	NONE	29,794	0	0
Microsoft	COMMON STOCK	594918104	3,811	74,482	SH		SOLE	NONE	74,482	0	0
Mid-America Apartment Communit	REIT	59522J103	596	5,600	SH		SOLE	NONE	5,600	0	0
Mine Safety Appliances	COMMON STOCK	602720104	263	5,000	SH		SOLE	NONE	5,000	0	0
Molson Coors Brewing Company	COMMON STOCK	60871R209	2,850	28,181	SH		SOLE	NONE	28,181	0	0
Mondelez International Inc.	COMMON STOCK	609207105	402	8,838	SH		SOLE	NONE	8,838	0	0
Multi Color Corp.	COMMON STOCK	625383104	637	10,051	SH		SOLE	NONE	10,051	0	0
NBT Bancorp Inc	COMMON STOCK	628778102	372	13,000	SH		SOLE	NONE	13,000	0	0
New York Times	COMMON STOCK	650111107	186	15,409	SH		SOLE	NONE	15,409	0	0
NextEra Energy Inc New	COMMON STOCK	65339F101	351	2,688	SH		SOLE	NONE	2,688	0	0
Nike, Inc.	COMMON STOCK	654106103	2,116	38,328	SH		SOLE	NONE	38,328	0	0
Norfolk Southern Crp	COMMON STOCK	655844108	326	3,830	SH		SOLE	NONE	3,830	0	0
Northrop Grumman Corp.	COMMON STOCK	666807102	5,184	23,322	SH		SOLE	NONE	23,322	0	0
Northwest Natural Gas	COMMON STOCK	667655104	1,351	20,840	SH		SOLE	NONE	20,840	0	0
Novartis AG Adr	COMMON STOCK	66987V109	3,503	42,450	SH		SOLE	NONE	42,450	0	0
NTT Docomo Inc. ADR	COMMON STOCK	62942M201	146	5,400	SH		SOLE	NONE	5,400	0	0
Nuveen CA Muni Advantage Fund	ETF/ETN	67066Y105	214	12,653	SH		SOLE	NONE	12,653	0	0
Oneok Inc	COMMON STOCK	682680103	133	2,800	SH		SOLE	NONE	2,800	0	0
Oracle	COMMON STOCK	68389X105	270	6,604	SH		SOLE	NONE	6,604	0	0
Park City Group Inc.	COMMON STOCK	700215304	165	18,450	SH		SOLE	NONE	18,450	0	0
Pebblebrook Hotel Pfd Ser B	PREFERRED STOCK	70509V308	328	12,950	SH		SOLE	NONE	12,950	0	0
Pepsico, Inc.	COMMON STOCK	713448108	5,665	53,472	SH		SOLE	NONE	53,472	0	0
Pfizer Inc.	COMMON STOCK	717081103	1,285	36,496	SH		SOLE	NONE	36,496	0	0
Philip Morris Intl	COMMON STOCK	718172109	308	3,027	SH		SOLE	NONE	3,027	0	0
Phillips 66	COMMON STOCK	718546104	110	1,385	SH		SOLE	NONE	1,385	0	0
Pimco ETF Short Maturity Str	ETF/ETN	72201R833	2,292	22,650	SH		SOLE	NONE	22,650	0	0
Pimco Muni Income Fd II Com	ETF/ETN	72200W106	181	13,000	SH		SOLE	NONE	13,000	0	0
Portland Gen Elec Co	COMMON STOCK	736508847	955	21,640	SH		SOLE	NONE	21,640	0	0
Potlatch Corp	REIT	737630103	370	10,851	SH		SOLE	NONE	10,851	0	0
PowerShares FTSE RAFI US 1000	ETF/ETN	73935X583	5,491	60,663	SH		SOLE	NONE	60,663	0	0
Powershares High Yld Corp Bond	ETF/ETN	73936T557	2,522	137,086	SH		SOLE	NONE	137,086	0	0
PowerShares QQQ	ETF/ETN	631100104	443	4,119	SH		SOLE	NONE	4,119	0	0
PPL Corp.	COMMON STOCK	69351T106	1,171	31,017	SH		SOLE	NONE	31,017	0	0
Procter & Gamble	COMMON STOCK	742718109	1,211	14,304	SH		SOLE	NONE	14,304	0	0
Quest Diagnostics Inc.	COMMON STOCK	74834L100	175	2,150	SH		SOLE	NONE	2,150	0	0
Rayonier	REIT	754907103	1,509	57,492	SH		SOLE	NONE	57,492	0	0
Raytheon	COMMON STOCK	755111507	1,104	8,120	SH		SOLE	NONE	8,120	0	0
RCI Hospitality Holdings, Inc.	COMMON STOCK	74934Q108	114	11,200	SH		SOLE	NONE	11,200	0	0
Republic Services	COMMON STOCK	760759100	2,230	43,456	SH		SOLE	NONE	43,456	0	0
Royal Dutch Shell Cl B	COMMON STOCK	780259107	214	3,827	SH		SOLE	NONE	3,827	0	0
Rush Enterprises Cl B	COMMON STOCK	781846308	118	5,652	SH		SOLE	NONE	5,652	0	0
Ryder System, Inc.	COMMON STOCK	783549108	1,692	27,680	SH		SOLE	NONE	27,680	0	0
S & P 500 Index Fund	ETF/ETN	78462F103	1,402	6,692	SH		SOLE	NONE	6,692	0	0
Scana Corp New	COMMON STOCK	80589M102	430	5,688	SH		SOLE	NONE	5,688	0	0
Schlumberger Limited	COMMON STOCK	806857108	727	9,188	SH		SOLE	NONE	9,188	0	0
Seaboard Corp.	COMMON STOCK	811543107	657	229	SH		SOLE	NONE	229	0	0
Simon Ppty Grp	REIT	828806109	108	500	SH		SOLE	NONE	500	0	0
Sonoco Products	COMMON STOCK	835495102	2,195	44,209	SH		SOLE	NONE	44,209	0	0
Southern Co	COMMON STOCK	842587107	237	4,420	SH		SOLE	NONE	4,420	0	0
Southwest Air	COMMON STOCK	844741108	161	4,100	SH		SOLE	NONE	4,100	0	0
SPDR S&P Dividend ETF	ETF/ETN	78464A763	123	1,460	SH		SOLE	NONE	1,460	0	0
Starbucks	COMMON STOCK	855244109	1,007	17,637	SH		SOLE	NONE	17,637	0	0
Starwood Ppty Trust, Inc.	REIT	85571B105	361	17,400	SH		SOLE	NONE	17,400	0	0
Streettracks Gold Shrs	ETF/ETN	78463V107	1,622	12,823	SH		SOLE	NONE	12,823	0	0
Stryker Corp	COMMON STOCK	863667101	2,364	19,730	SH		SOLE	NONE	19,730	0	0
Syngenta AG	COMMON STOCK	87160A100	1,323	17,226	SH		SOLE	NONE	17,226	0	0
T Rowe Price Group, Inc.	COMMON STOCK	74144T108	143	1,960	SH		SOLE	NONE	1,960	0	0
The GEO Group, Inc	REIT	36162J106	350	10,230	SH		SOLE	NONE	10,230	0	0
Time Warner Inc	COMMON STOCK	887317303	110	1,500	SH		SOLE	NONE	1,500	0	0
Tompkins Financial Corp	COMMON STOCK	890110109	111	1,700	SH		SOLE	NONE	1,700	0	0
Travelers Cos Inc.	COMMON STOCK	89417E109	267	2,245	SH		SOLE	NONE	2,245	0	0
Trustco Bk Corp Ny	COMMON STOCK	898349105	160	25,000	SH		SOLE	NONE	25,000	0	0
Twenty-First Century Fox, Cl B	COMMON STOCK	90130A200	507	18,600	SH		SOLE	NONE	18,600	0	0
UGI Corp	COMMON STOCK	902681105	1,538	33,992	SH		SOLE	NONE	33,992	0	0
Unilever PLC	COMMON STOCK	904767704	1,045	21,813	SH		SOLE	NONE	21,813	0	0
Union Pacific Corporation	COMMON STOCK	907818108	4,593	52,646	SH		SOLE	NONE	52,646	0	0
United Technologies Corp.	COMMON STOCK	913017109	2,009	19,590	SH		SOLE	NONE	19,590	0	0
Unitedhealth Group	COMMON STOCK	91324P102	387	2,740	SH		SOLE	NONE	2,740	0	0
Urstadt Biddle Pptys	REIT	917286106	1,192	54,462	SH		SOLE	NONE	54,462	0	0
Urstadt Biddle Pptys 6.75% 12/	PREFERRED STOCK	917286809	527	19,175	SH		SOLE	NONE	19,175	0	0
Urstadt Biddle Pptys Inc Cl A	REIT	917286205	1,736	70,064	SH		SOLE	NONE	70,064	0	0
Urstadt Biddle Pptys Inc Pfd S	PREFERRED STOCK	917286700	690	25,750	SH		SOLE	NONE	25,750	0	0
US Bancorp	COMMON STOCK	902973304	3,808	94,422	SH		SOLE	NONE	94,422	0	0
V F Corp	COMMON STOCK	918204108	191	3,100	SH		SOLE	NONE	3,100	0	0
Vanguard Consumer Staples ETF	ETF/ETN	92204A207	452	3,200	SH		SOLE	NONE	3,200	0	0
Vanguard Energy ETF	ETF/ETN	92204A306	5,775	60,713	SH		SOLE	NONE	60,713	0	0
Vanguard Extended Mkt ETF	ETF/ETN	922908652	2,077	24,318	SH		SOLE	NONE	24,318	0	0
Vanguard Financials ETF	ETF/ETN	92204A405	1,504	31,758	SH		SOLE	NONE	31,758	0	0
Vanguard Global ex-US Real Est	ETF/ETN	922042676	258	4,770	SH		SOLE	NONE	4,770	0	0
Vanguard Growth ETF	ETF/ETN	922908736	305	2,843	SH		SOLE	NONE	2,843	0	0
Vanguard Health Care ETF	ETF/ETN	92204A504	1,546	11,850	SH		SOLE	NONE	11,850	0	0
Vanguard High Dividend Yield I	ETF/ETN	921946406	15,635	218,787	SH		SOLE	NONE	218,787	0	0
Vanguard Information Technolog	ETF/ETN	92204A702	8,883	82,948	SH		SOLE	NONE	82,948	0	0
Vanguard Intermediate-Term Cor	ETF/ETN	92206C870	809	9,045	SH		SOLE	NONE	9,045	0	0
Vanguard Mega Cap ETF	ETF/ETN	921910873	4,139	57,881	SH		SOLE	NONE	57,881	0	0
Vanguard REIT ETF	ETF/ETN	922908553	2,641	29,782	SH		SOLE	NONE	29,782	0	0
Vanguard S&P 500 ETF	ETF/ETN	922908363	6,509	33,865	SH		SOLE	NONE	33,865	0	0
Vanguard Short Term Bond ETF	ETF/ETN	921937827	592	7,300	SH		SOLE	NONE	7,300	0	0
Vanguard Short-Term Corporate	ETF/ETN	92206C409	121	1,500	SH		SOLE	NONE	1,500	0	0
Vanguard Small Cap Value ETF	ETF/ETN	922908611	2,099	19,932	SH		SOLE	NONE	19,932	0	0
Vanguard Total Stock Mkt ETF	ETF/ETN	922908769	22,640	211,269	SH		SOLE	NONE	211,269	0	0
Vanguard Total World Stk Index	ETF/ETN	922042742	3,007	51,785	SH		SOLE	NONE	51,785	0	0
Vanguard Utilities ETF	ETF/ETN	92204A876	1,789	15,627	SH		SOLE	NONE	15,627	0	0
Vanguard Value ETF	ETF/ETN	922908744	169	1,987	SH		SOLE	NONE	1,987	0	0
Vectren Corp	COMMON STOCK	92240G101	1,700	32,273	SH		SOLE	NONE	32,273	0	0
Ventas Inc.	COMMON STOCK	92276F100	728	10,000	SH		SOLE	NONE	10,000	0	0
VeriFone Systems, Inc.	COMMON STOCK	92342Y109	291	15,690	SH		SOLE	NONE	15,690	0	0
Verizon Communications	COMMON STOCK	92343V104	3,324	59,527	SH		SOLE	NONE	59,527	0	0
Visa Inc	COMMON STOCK	92826C839	482	6,492	SH		SOLE	NONE	6,492	0	0
Vodafone Group PLC	COMMON STOCK	92857W100	455	14,741	SH		SOLE	NONE	14,741	0	0
Wabash National Corp.	COMMON STOCK	929566107	945	74,380	SH		SOLE	NONE	74,380	0	0
Wal-Mart Stores	COMMON STOCK	931142103	1,612	22,073	SH		SOLE	NONE	22,073	0	0
Walt Disney Co.	COMMON STOCK	254687106	3,376	34,510	SH		SOLE	NONE	34,510	0	0
Waste Management	COMMON STOCK	94106L109	863	13,016	SH		SOLE	NONE	13,016	0	0
Wells Fargo & Co	COMMON STOCK	949746101	1,125	23,760	SH		SOLE	NONE	23,760	0	0
Weyerhaeuser	COMMON STOCK	962166104	2,156	72,421	SH		SOLE	NONE	72,421	0	0
Whirlpool Corp	COMMON STOCK	963320106	1,008	6,050	SH		SOLE	NONE	6,050	0	0
WisdomTree DEFA ETF	ETF/ETN	97717W703	3,034	67,810	SH		SOLE	NONE	67,810	0	0
WisdomTree Emerging Mkts Small	ETF/ETN	97717W281	2,274	58,709	SH		SOLE	NONE	58,709	0	0
Xylem Inc	COMMON STOCK	98419M100	379	8,481	SH		SOLE	NONE	8,481	0	0
Zimmer Biomet Holdings, Inc.	COMMON STOCK	98956P102	166	1,380	SH		SOLE	NONE	1,380	0	0