Baltimore-Washington Financial 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	5,575	39,351	SH		SOLE	NONE	38,254	0	1,097
A C E LIMITED COM	SHS	H0023R105	1	7	SH		SOLE	NONE	0	0	7
ABERDEEN ASIA-PAC PRIME INC COM	COM	003009107	5,493	931,017	SH		SOLE	NONE	774,543	0	156,473
ACCENTURE LTD ORD	SHS CLASS A	G1151C101	163	2,007	SH		SOLE	NONE	1,003	0	1,003
AES TRUST III PFD 6.75% CONV/CALL	PFD CV 6.75%	00808N202	10	200	SH		SOLE	NONE	200	0	0
AFLAC INC CM	COM	001055102	0	8	SH		SOLE	NONE	0	0	8
ALLIANCEBERNSTEIN GBL INC ALLIANCE WRLD DLR GOVT FUND II	COM	01879R106	14	1,000	SH		SOLE	NONE	1,000	0	0
ALTRIA GROUP INC COM	COM	02209S103	14	304	SH		SOLE	NONE	304	0	0
AMERICAN ELEC PWR INC COM	COM	025537101	17	333	SH		SOLE	NONE	0	0	333
AMERICAN EXPRESS CO CM	COM	025816109	22	255	SH		SOLE	NONE	255	0	0
AMERICAN REALTY CAPITAL PROPTY COM	COM	02917T104	0	33	SH		SOLE	NONE	0	0	33
AMGEN INC COM	COM	031162100	1	4	SH		SOLE	NONE	0	0	4
ANHEUSER BUSCH INBEV ADR	SPONSORED ADR	03524A108	1	7	SH		SOLE	NONE	0	0	7
ANIKA THERAPEUTICS INC COM	COM	035255108	944	25,755	SH		SOLE	NONE	24,145	0	1,609
ANNALY CAPITAL MANAGEMENT INC COM	COM	035710409	7	700	SH		SOLE	NONE	700	0	0
APACHE CORP COM	COM	037411105	1	6	SH		SOLE	NONE	0	0	6
APPLE INC COM	COM	037833100	8,534	84,707	SH		SOLE	NONE	80,774	0	3,932
ARES CAPITAL CORP COM	COM	04010L103	3,935	243,513	SH		SOLE	NONE	236,854	0	6,658
ARROW ELECTRONIC INC COM	COM	042735100	83	1,500	SH		SOLE	NONE	1,500	0	0
ASCENA RETAIL GROUP INC COM	COM	04351G101	4	266	SH		SOLE	NONE	0	0	266
ASIA TIGERS FUND INC COM	COM	04516T105	9	765	SH		SOLE	NONE	0	0	765
AT&T INC COM	COM	00206R102	161	4,565	SH		SOLE	NONE	2,282	0	2,282
BANK OF AMERICA CORP COM	COM	060505104	17	1,000	SH		SOLE	NONE	0	0	1,000
BANK OF NEW YORK MELLON CORP COM	COM	064058100	6,216	160,491	SH		SOLE	NONE	156,639	0	3,851
BB&T CORPORATION COM	COM	054937107	9	250	SH		SOLE	NONE	250	0	0
BCE INC COM	COM NEW	05534B760	10	233	SH		SOLE	NONE	0	0	233
BERKSHIRE HATHAWAY INC DEL CL B	CL B NEW	084670702	314	2,276	SH		SOLE	NONE	1,896	0	379
BHP BILLITON LIMITED ADR	SPONSORED ADR	088606108	26	450	SH		SOLE	NONE	450	0	0
BLACKROCK GLBL OPP EQ TR F GROWTH & INCOME FUND	COM	092501105	10	700	SH		SOLE	NONE	700	0	0
BOEING CO COM	COM	097023105	29	231	SH		SOLE	NONE	154	0	77
BOSTON BEER COMPANY COM CL A	CL A	100557107	22	100	SH		SOLE	NONE	100	0	0
BP PLC SPONS ADR	SPONSORED ADR	055622104	15	333	SH		SOLE	NONE	0	0	333
BRF SA ADR	SPONSORED ADR	10552T107	24	1,000	SH		SOLE	NONE	0	0	1,000
BRISTOL-MYERS SQUIBB CM	COM	110122108	1	12	SH		SOLE	NONE	0	0	12
CALAMOS CONVERTIBLE OPP & INC COM	SH BEN INT	128117108	20	1,500	SH		SOLE	NONE	1,500	0	0
CALAMOS GLOBAL TOTAL RETURN FUN	COM SH BEN INT	128118106	17	1,200	SH		SOLE	NONE	1,200	0	0
CAL-MAINE FOODS INC COM	COM NEW	128030202	8,262	92,483	SH		SOLE	NONE	90,676	0	1,806
CALPINE INC COM	COM NEW	131347304	11	490	SH		SOLE	NONE	490	0	0
CAMDEN PPTY TR SH BEN INT	SH BEN INT	133131102	5,067	73,945	SH		SOLE	NONE	71,578	0	2,366
CAPITAL ONE FINL CORP COM	COM	14040H105	1	10	SH		SOLE	NONE	0	0	10
CAPSTEAD MORTGAGE CORP COM	COM NO PAR	14067E506	42	3,400	SH		SOLE	NONE	3,400	0	0
CARDINAL HEALTH INC COM	COM	14149Y108	11	150	SH		SOLE	NONE	150	0	0
CARLISLE COS INC COM	COM	142339100	161	2,000	SH		SOLE	NONE	2,000	0	0
CEDAR FAIR L P DEPOSITRY UNIT	DEPOSITRY UNIT	150185106	28	600	SH		SOLE	NONE	600	0	0
CELANESE CORP SERIES A	COM SER A	150870103	1	9	SH		SOLE	NONE	0	0	9
CHEVRON CORP COM	COM	166764100	1	5	SH		SOLE	NONE	0	0	5
CHUBB CORP COM	COM	171232101	30	333	SH		SOLE	NONE	0	0	333
CISCO SYSTEMS INC COM	COM	17275R102	3,480	138,243	SH		SOLE	NONE	134,074	0	4,168
CITIGROUP INC COM	COM NEW	172967424	45	865	SH		SOLE	NONE	865	0	0
CME GROUP INC COM	COM	12572Q105	1	8	SH		SOLE	NONE	0	0	8
COACH INC COM	COM	189754104	0	7	SH		SOLE	NONE	0	0	7
COCA COLA CO COM	COM	191216100	77	1,802	SH		SOLE	NONE	901	0	901
COGNIZANT TECH SOLUTIONS CRP COM	CL A	192446102	19	416	SH		SOLE	NONE	0	0	416
COLGATE PALMOLIVE CO COM	COM	194162103	3,333	51,104	SH		SOLE	NONE	50,076	0	1,027
COLONY FINANCIAL INC REIT	COM	19624R106	134	6,000	SH		SOLE	NONE	6,000	0	0
COLUMBIA PPTY TR INC COM	COM NEW	198287203	17	708	SH		SOLE	NONE	0	0	708
COMCAST CORP COM CL A	CL A	20030N101	8	157	SH		SOLE	NONE	78	0	78
CONOCOPHILLIPS CORP COM	COM	20825C104	6,194	80,944	SH		SOLE	NONE	78,152	0	2,791
CORE-MARK COMPANY COM	COM	218681104	14	266	SH		SOLE	NONE	0	0	266
CORRECTIONS CORP OF AMERICA COM	COM NEW	22025Y407	0	1	SH		SOLE	NONE	0	0	1
COSTAR GROUP INC COM	COM	22160N109	46	294	SH		SOLE	NONE	294	0	0
COSTCO WHOLESALE CORPORATION COM	COM	22160K105	10	83	SH		SOLE	NONE	83	0	0
CTRIP COM INTERNATIONAL LTD ADR	AMERICAN DEP SHS	22943F100	38	666	SH		SOLE	NONE	0	0	666
CURRENCY SHARES AUS DOLLAR TRUST	AUSTRALIAN DOL	23129U101	907	10,350	SH		SOLE	NONE	10,120	0	230
DANAHER CORP DEL COM	COM	235851102	152	2,000	SH		SOLE	NONE	2,000	0	0
DISCOVER FINL SVCS COM	COM	254709108	64	1,000	SH		SOLE	NONE	1,000	0	0
DNP SELECT INCOME FUND INC CLOSED END FUND	COM	23325P104	20	2,019	SH		SOLE	NONE	0	0	2,019
DOMINION RESOURCES INC COM	COM	25746U109	2,604	37,689	SH		SOLE	NONE	36,777	0	911
DOVER CORP COM	COM	260003108	241	3,000	SH		SOLE	NONE	3,000	0	0
DOW CHEMICAL COM	COM	260543103	6,406	122,165	SH		SOLE	NONE	118,271	0	3,893
DUKE ENERGY HOLDINGS CORP COM	COM NEW	26441C204	3	40	SH		SOLE	NONE	0	0	40
DUNKIN BRANDS GROUP COM	COM	265504100	4	100	SH		SOLE	NONE	100	0	0
EAGLE BANCORP INC (MD) COM	COM	268948106	12	385	SH		SOLE	NONE	385	0	0
EATON CORP PLC ORD	SHS	G29183103	0	7	SH		SOLE	NONE	0	0	7
EATON VANCE MUN BOND CLOSED END FUND	COM	27827X101	37	2,978	SH		SOLE	NONE	2,978	0	0
EBAY INC COM	COM	278642103	2,486	43,900	SH		SOLE	NONE	42,375	0	1,524
ECOLAB INC COM	COM	278865100	1	7	SH		SOLE	NONE	0	0	7
EXELON CORPORATION COM	COM	30161N101	20	600	SH		SOLE	NONE	600	0	0
EXPRESS SCRIPTS HOLDING CO COM	COM	30219G108	4,149	58,748	SH		SOLE	NONE	56,488	0	2,259
EXXON MOBIL CORPORATION COM	COM	30231G102	2,175	23,130	SH		SOLE	NONE	21,929	0	1,201
F5 NETWORKS INC COM	COM	315616102	3,167	26,670	SH		SOLE	NONE	25,570	0	1,099
FACEBOOK INC COM	CL A	30303M102	194	2,450	SH		SOLE	NONE	2,450	0	0
FASTENAL CO COM	COM	311900104	7	160	SH		SOLE	NONE	160	0	0
FINANCIAL ENGINES INC COM	COM	317485100	878	25,660	SH		SOLE	NONE	24,387	0	1,272
FORD MOTOR COM	COM PAR $0.01	345370860	11	750	SH		SOLE	NONE	750	0	0
FUELCELL ENERGY INC COM	COM	35952H106	8	4,000	SH		SOLE	NONE	4,000	0	0
GENERAL ELECTRIC CO COM	COM	369604103	49	1,921	SH		SOLE	NONE	1,280	0	640
GENTEX CORP COM	COM	371901109	1,823	68,090	SH		SOLE	NONE	65,155	0	2,934
GILEAD SCIENCES INC COM	COM	375558103	3,789	35,593	SH		SOLE	NONE	33,915	0	1,677
GOLDMAN SACHS GROUP INC COM	COM	38141G104	1	3	SH		SOLE	NONE	0	0	3
GOOGLE INC CL A	CL A	38259P508	1,899	3,227	SH		SOLE	NONE	3,083	0	143
GOOGLE INC CLASS C	CL C	38259P706	1,973	3,417	SH		SOLE	NONE	3,253	0	163
GREEN DOT CORP CL A	CL A	39304D102	2,207	104,390	SH		SOLE	NONE	98,285	0	6,104
GUGGENHEIM S&P 500 EQUAL WEIGHT ETF	GUG S&P500 EQ WT	78355W106	1,439	18,985	SH		SOLE	NONE	11,960	0	7,024
HANCOCK JOHN INVS TR COM	COM	410142103	18	1,000	SH		SOLE	NONE	1,000	0	0
HDFC BANK LTD ADR	ADR REPS 3 SHS	40415F101	10	208	SH		SOLE	NONE	208	0	0
HEALTHCARE TRUST OF AMERICA CLASS A	CL A	42225P105	4,741	408,714	SH		SOLE	NONE	394,740	0	13,973
HEARTLAND PAYMENT SYSTEMS INC COM	COM	42235N108	10	200	SH		SOLE	NONE	0	0	200
HESS CORPORATION COM	COM	42809H107	275	2,915	SH		SOLE	NONE	2,915	0	0
HOME DEPOT INC COM	COM	437076102	37	406	SH		SOLE	NONE	270	0	135
HONEYWELL INTERNATIONAL INC COM	COM	438516106	1	7	SH		SOLE	NONE	0	0	7
HOWARD HUGHES CORP COM	COM	44267D107	150	1,000	SH		SOLE	NONE	1,000	0	0
HSBC HLDG PLC SPON ADR	SPON ADR NEW	404280406	0	6	SH		SOLE	NONE	0	0	6
INDIA FD INC COM	COM	454089103	6	237	SH		SOLE	NONE	0	0	237
INTEL CORP COM	COM	458140100	1	16	SH		SOLE	NONE	0	0	16
INTL BUSINESS MACHINES COM	COM	459200101	102	536	SH		SOLE	NONE	428	0	107
ISHARES 1-3 YEAR CREDIT BND ETF	1-3 YR CR BD ETF	464288646	9,451	89,771	SH		SOLE	NONE	72,092	0	17,678
ISHARES 7-10 YR TREASURY BND ETF	7-10 Y TR BD ETF	464287440	7	69	SH		SOLE	NONE	69	0	0
ISHARES Aaa-A RATED CORP BND ETF	A RATE CP BD ETF	46429B291	11	221	SH		SOLE	NONE	221	0	0
ISHARES COHEN & STEERS REIT ETF	COHEN&STEER REIT	464287564	1,114	13,187	SH		SOLE	NONE	6,004	0	7,182
ISHARES CORE S&P MID-CAP ETF	CORE S&P MCP ETF	464287507	50	362	SH		SOLE	NONE	362	0	0
ISHARES CORE S&P SMALL-CAP ETF	CORE S&P SCP ETF	464287804	213	2,044	SH		SOLE	NONE	1,703	0	340
ISHARES CORE US AGGREGATE BOND ETF	CORE US AGGBD ET	464287226	2,837	26,004	SH		SOLE	NONE	17,133	0	8,870
ISHARES EUROPE ETF	EUROPE ETF	464287861	1,419	31,485	SH		SOLE	NONE	30,545	0	939
ISHARES GLOBAL TECH ETF	GLOBAL TECH ETF	464287291	657	7,185	SH		SOLE	NONE	6,355	0	829
ISHARES IBOXX $ INVMNT GRD CORP BD ETF	IBOXX INV CP ETF	464287242	73	614	SH		SOLE	NONE	255	0	358
ISHARES INDIA 50 ETF	INDIA 50 ETF	464289529	268	9,030	SH		SOLE	NONE	8,465	0	564
ISHARES INTL SELECT DIV ETF	INTL SEL DIV ETF	464288448	21	600	SH		SOLE	NONE	0	0	600
ISHARES MSCI BRAZIL CAPPED ETF	MSCI BRZ CAP ETF	464286400	1,298	29,880	SH		SOLE	NONE	28,599	0	1,280
ISHARES MSCI CANADA ETF	MSCI CDA ETF	464286509	11	362	SH		SOLE	NONE	362	0	0
ISHARES MSCI EAFE ETF	MSCI EAFE ETF	464287465	5,703	88,940	SH		SOLE	NONE	65,670	0	23,269
ISHARES MSCI EAFE VALUE ETF	EAFE VALUE ETF	464288877	137	2,507	SH		SOLE	NONE	1,139	0	1,367
ISHARES MSCI EMERGING MARKETS	CORE MSCI EMKT	46434G103	1	24	SH		SOLE	NONE	24	0	0
ISHARES MSCI EMU ETF	EMU ETF	464286608	2	49	SH		SOLE	NONE	49	0	0
ISHARES MSCI GERMANY ETF	MSCI GERMANY ETF	464286806	52	1,887	SH		SOLE	NONE	1,258	0	629
ISHARES MSCI SINGAPORE ETF	MSCI SINGAP ETF	464286673	786	58,885	SH		SOLE	NONE	53,808	0	5,076
ISHARES MSCI SWITZERLAND CAPPED ETF	MSCI SZ CAP ETF	464286749	0	14	SH		SOLE	NONE	14	0	0
ISHARES RUSSELL 1000 GROWTH ETF	RUS 1000 GRW ETF	464287614	7	78	SH		SOLE	NONE	78	0	0
ISHARES RUSSELL 1000 VALUE ETF	RUS 1000 VAL ETF	464287598	7	70	SH		SOLE	NONE	70	0	0
ISHARES RUSSELL 2000 ETF	RUSSELL 2000 ETF	464287655	13	118	SH		SOLE	NONE	118	0	0
ISHARES RUSSELL 2000 GROWTH ETF	RUS 2000 GRW ETF	464287648	967	7,458	SH		SOLE	NONE	6,102	0	1,356
ISHARES RUSSELL 2000 VALUE ETF	RUS 2000 VAL ETF	464287630	4	48	SH		SOLE	NONE	0	0	48
ISHARES RUSSELL MID-CAP ETF	RUS MID-CAP ETF	464287499	1,189	7,512	SH		SOLE	NONE	3,484	0	4,027
ISHARES RUSSELL MID-CAP VALUE ETF	RUS MDCP VAL ETF	464287473	480	6,859	SH		SOLE	NONE	4,147	0	2,711
ISHARES S&P SMALL-CAP 600 VALUE ETF	SP SMCP600VL ETF	464287879	12	110	SH		SOLE	NONE	110	0	0
ISHARES SELECT DIVIDEND ETF	SELECT DIVID ETF	464287168	3,699	50,081	SH		SOLE	NONE	31,532	0	18,548
ISHARES TIPS BOND ETF	TIPS BD ETF	464287176	479	4,271	SH		SOLE	NONE	3,092	0	1,178
ISHARES TRUST MSCI UNITED KINGDOM ETF	MSCI UTD KNGDM	46434V548	21	1,096	SH		SOLE	NONE	1,096	0	0
ISHARES US PREFERRED STOCK ETF	U.S. PFD STK ETF	464288687	354	8,945	SH		SOLE	NONE	8,050	0	894
JOHN BEAN TECHNOLOGIES COMMON	COM	477839104	5	166	SH		SOLE	NONE	0	0	166
JOHNSON & JOHNSON COM	COM	478160104	43	406	SH		SOLE	NONE	203	0	203
JOHNSON CTLS INC COM	COM	478366107	5,955	135,332	SH		SOLE	NONE	130,934	0	4,397
JP MORGAN CHASE & CO COM	COM	46625H100	4	73	SH		SOLE	NONE	36	0	36
KINDER MORGAN ENERGY PARTNERS CM LP	UT LTD PARTNER	494550106	1,096	11,750	SH		SOLE	NONE	11,260	0	489
KINDER MORGAN MANAGEMENT COM	SHS	49455U100	89	946	SH		SOLE	NONE	946	0	0
KNOWLES CORP COM	COM	49926D109	40	1,500	SH		SOLE	NONE	1,500	0	0
KOHLS CORP COM	COM	500255104	16	260	SH		SOLE	NONE	260	0	0
KOREA FD COM	COM NEW	500634209	7	165	SH		SOLE	NONE	0	0	165
KRAFT FOODS GROUP INC COM	COM	50076Q106	0	4	SH		SOLE	NONE	0	0	4
LABORATORY CORP OF AMERICA COM	COM NEW	50540R409	3,255	31,995	SH		SOLE	NONE	30,715	0	1,279
LEGGETT & PLATT INC COM	COM	524660107	12	333	SH		SOLE	NONE	0	0	333
LEVEL 3 COMMUNICATIONS INC COM	COM NEW	52729N308	0	2	SH		SOLE	NONE	2	0	0
LIBERTY INTERACTIVE CORP SERIES A INTERACTIVE COM	INT COM SER A	53071M104	194	6,800	SH		SOLE	NONE	6,800	0	0
LIBERTY MEDIA CORP DELAWARE CLASS A	CL A	531229102	52	1,100	SH		SOLE	NONE	1,100	0	0
LIBERTY MEDIA CORP DELAWARE COM	COM SER C	531229300	103	2,200	SH		SOLE	NONE	2,200	0	0
LOCKHEED MARTIN COM	COM	539830109	21	114	SH		SOLE	NONE	114	0	0
LUMBER LIQUIDATORS HLDG INC COM	COM	55003T107	19	333	SH		SOLE	NONE	0	0	333
M & T BANK CORPORATION COM	COM	55261F104	83	669	SH		SOLE	NONE	669	0	0
MARATHON PETE CORP COM	COM	56585A102	2,299	27,157	SH		SOLE	NONE	26,290	0	866
MARKEL CP COM	COM	570535104	2,487	3,910	SH		SOLE	NONE	3,742	0	167
MARKET VECTORS BDC INCOME ETF	BUSI DEVCO ETF	57060U316	39	2,000	SH		SOLE	NONE	2,000	0	0
MARKET VECTORS EMRGING MKTS LOCAL CURRENCY	EM LC CURR DBT	57060U522	560	24,570	SH		SOLE	NONE	13,142	0	11,427
MARKET VECTORS SHORT MUNI INDEX	MKTVEC SMUNETF	57060U803	108	6,100	SH		SOLE	NONE	6,100	0	0
MARRIOTT INTERNATIONAL INC CLASS A NEW	CL A	571903202	56	806	SH		SOLE	NONE	806	0	0
MARTHA STEWART LIVING CL A	CL A	573083102	0	30	SH		SOLE	NONE	30	0	0
MARTIN MARIETTA MATLS INC COM	COM	573284106	179	1,387	SH		SOLE	NONE	1,387	0	0
MATERION CORPORATION COM	COM	576690101	46	1,500	SH		SOLE	NONE	1,500	0	0
MCCORMICK & CO INC COM NON VTG	COM NON VTG	579780206	2	33	SH		SOLE	NONE	33	0	0
MCCORMICK & CO INC VTG COM	COM VTG	579780107	23	350	SH		SOLE	NONE	350	0	0
MCDONALDS CORP COM	COM	580135101	0	5	SH		SOLE	NONE	0	0	5
MCKESSON CORP COM	COM	58155Q103	1	5	SH		SOLE	NONE	0	0	5
MEDASSETS INC COM	COM	584045108	1,854	89,490	SH		SOLE	NONE	84,346	0	5,143
MEDTRONIC INC COM	COM	585055106	19	310	SH		SOLE	NONE	0	0	310
MERCK & CO INC. COM	COM	58933Y105	2,784	46,967	SH		SOLE	NONE	46,558	0	408
MICROSOFT CORP COM	COM	594918104	6,324	136,413	SH		SOLE	NONE	132,417	0	3,995
MICROVISION COM	COM NEW	594960304	0	125	SH		SOLE	NONE	125	0	0
MONDELEZ INTL INC COM	CL A	609207105	0	11	SH		SOLE	NONE	0	0	11
MONSTER BEVERAGE CORP COM	COM	611740101	0	5	SH		SOLE	NONE	0	0	5
MORGAN STANLEY COM	COM NEW	617446448	2	57	SH		SOLE	NONE	57	0	0
NATIONAL OILWELL VARCO INC COM	COM	637071101	3,966	52,119	SH		SOLE	NONE	50,532	0	1,586
NATIONAL RETAIL PROPERTIES INC COM	COM	637417106	9	250	SH		SOLE	NONE	250	0	0
NCR CORP COM	COM	62886E108	1	26	SH		SOLE	NONE	26	0	0
NET 1 UEPS TECHNOLOGIES INC COM	COM NEW	64107N206	2,233	185,280	SH		SOLE	NONE	176,396	0	8,883
NEUBERGER BERMAN MLP INCOME FD COM	COM	64129H104	11	500	SH		SOLE	NONE	0	0	500
NEW MEDIA INVT GROUP INC COM	COM	64704V106	15	895	SH		SOLE	NONE	895	0	0
NEW RESIDENTIAL INVT CORP COM	COM	64828T102	145	24,800	SH		SOLE	NONE	24,800	0	0
NEWCASTLE INVESTMENT CORP COM	COM NEW	65105M504	105	8,266	SH		SOLE	NONE	8,266	0	0
NIC INC COM	COM	62914B100	2,727	158,350	SH		SOLE	NONE	150,392	0	7,957
NOVARTIS AG ADR	SPONSORED ADR	66987V109	5	50	SH		SOLE	NONE	50	0	0
NOW INC COM	COM	67011P100	261	8,591	SH		SOLE	NONE	8,242	0	348
NUVEEN MD PREM INCOME MUN FD COM	COM	67061Q107	25	2,001	SH		SOLE	NONE	2,001	0	0
OAKTREE CAPITAL GROUP LLC UNIT CLASS A	UNIT CL A	674001201	2,499	48,905	SH		SOLE	NONE	47,288	0	1,616
OCCIDENTAL PETROLEUM CORP COM	COM	674599105	5,882	61,175	SH		SOLE	NONE	59,559	0	1,615
OLD NATL BANCORP IND COM	COM	680033107	21	1,600	SH		SOLE	NONE	1,600	0	0
ORACLE CORP COM	COM	68389X105	53	1,386	SH		SOLE	NONE	924	0	462
OXFORD INDUSTRIES INC COM	COM	691497309	1,225	20,085	SH		SOLE	NONE	18,979	0	1,105
PANERA BREAD CO CL A	CL A	69840W108	16	100	SH		SOLE	NONE	100	0	0
PARKER HANNIFIN CORP COM	COM	701094104	5,390	47,215	SH		SOLE	NONE	45,593	0	1,621
PEPSICO INC COM	COM	713448108	6,741	72,414	SH		SOLE	NONE	71,148	0	1,265
PFIZER INC COM	COM	717081103	78	2,650	SH		SOLE	NONE	2,650	0	0
PHH CORP COM	COM NEW	693320202	84	3,750	SH		SOLE	NONE	3,750	0	0
PHILIP MORRIS INTL COM	COM	718172109	53	633	SH		SOLE	NONE	633	0	0
PHILLIPS 66 COM	COM	718546104	3,320	40,830	SH		SOLE	NONE	39,504	0	1,325
PIMCO 0-5 YR HIGH YLD CORP BOND ETF	0-5 HIGH YIELD	72201R783	14	138	SH		SOLE	NONE	138	0	0
PIMCO MUNI INCOME FUND CLOSED-END FUND	COM	72200R107	42	3,058	SH		SOLE	NONE	3,058	0	0
PIONEER NATURAL RESOURCES CO COM	COM	723787107	39	200	SH		SOLE	NONE	200	0	0
PLAINS ALL AMERICAN PIPELINE LP UNIT	UNIT LTD PARTN	726503105	6,581	111,800	SH		SOLE	NONE	110,419	0	1,380
PNC FINL CORP COM	COM	693475105	56	650	SH		SOLE	NONE	0	0	650
POWERSHARES CEF INCOME COMPOSITE PORT	CEF INC COMPST	73936Q843	15	600	SH		SOLE	NONE	600	0	0
POWERSHARES FTSE RAFI US 1000 PORTFOLIO	FTSE RAFI 1000	73935X583	97	1,100	SH		SOLE	NONE	1,100	0	0
POWERSHARES QQQ	UNIT SER 1	73935A104	4,616	46,723	SH		SOLE	NONE	33,478	0	13,244
POWERSHARES S&P 500 LOW VOLITILY PORT	S&P500 LOW VOL	73937B779	49	1,406	SH		SOLE	NONE	1,406	0	0
PRICE SMART INC COM	COM	741511109	6	66	SH		SOLE	NONE	66	0	0
PROCTER GAMBLE CO COM	COM	742718109	454	5,423	SH		SOLE	NONE	4,880	0	542
PROGRESSIVE CORP OHIO COM	COM	743315103	284	11,250	SH		SOLE	NONE	11,250	0	0
PROLOGIS COM	COM	74340W103	12	325	SH		SOLE	NONE	325	0	0
PRUDENTIAL FINANCIAL INC COM	COM	744320102	10	111	SH		SOLE	NONE	111	0	0
PUBLIC STORAGE COM	COM	74460D109	14	83	SH		SOLE	NONE	0	0	83
PUBLIC SVC ENTERPRISE GROUP COM	COM	744573106	3,727	100,080	SH		SOLE	NONE	96,484	0	3,595
QUALCOMM INC COM	COM	747525103	5,295	70,813	SH		SOLE	NONE	68,891	0	1,921
QUANTUM FUEL SYSTEMS TEC COM	COM PAR $0.02	74765E307	0	10	SH		SOLE	NONE	10	0	0
REALTY INCOME CORPORATION COM	COM	756109104	2,182	53,500	SH		SOLE	NONE	51,716	0	1,783
RETAIL OPPORTUNITY INVST CORP COM	COM	76131N101	15	1,000	SH		SOLE	NONE	1,000	0	0
ROCKWELL AUTOMATION INC COM	COM	773903109	5,538	50,402	SH		SOLE	NONE	48,783	0	1,619
ROCKWELL COLLINS COM	COM	774341101	24	304	SH		SOLE	NONE	304	0	0
SCHLUMBERGER LTD COM	COM	806857108	18	174	SH		SOLE	NONE	87	0	87
SCHWAB INTL EQUITY ETF	INTL EQTY ETF	808524805	31	1,000	SH		SOLE	NONE	0	0	1,000
SEASPAN CORP COM	SHS	Y75638109	4	183	SH		SOLE	NONE	0	0	183
SELECT SECTOR SPDR TRUST CONSUMER DIS SELECT INDEX	SBI CONS DISCR	81369Y407	3	46	SH		SOLE	NONE	46	0	0
SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX	SBI HEALTHCARE	81369Y209	2,943	46,051	SH		SOLE	NONE	29,532	0	16,518
SEMPRA ENERGY COM	COM	816851109	105	1,000	SH		SOLE	NONE	1,000	0	0
SIRIUS XM HOLDINGS INC COM	COM	82968B103	3	1,000	SH		SOLE	NONE	1,000	0	0
SMUCKER J M CO COM	COM NEW	832696405	193	1,945	SH		SOLE	NONE	1,945	0	0
SODASTREAM INTERNATIONAL LTD COM	USD SHS	M9068E105	660	22,385	SH		SOLE	NONE	21,068	0	1,316
SOLAR WINDS COM	COM	83416B109	1,747	41,535	SH		SOLE	NONE	39,912	0	1,622
SOUTHERN CO COM	COM	842587107	22	500	SH		SOLE	NONE	500	0	0
SOUTHWEST AIRLINES CO COM	COM	844741108	24	700	SH		SOLE	NONE	700	0	0
SPDR BARCLAYS CONVERTIBLE SEC ETF	BRC CNV SECS ETF	78464A359	6	112	SH		SOLE	NONE	112	0	0
SPDR BARCLAYS SHORT TERM CORP BOND	BARC SHT TR CP	78464A474	18	599	SH		SOLE	NONE	599	0	0
SPDR DJ WILSHRE INTL REAL ESTATE	DJ INTL RL ETF	78463X863	20	480	SH		SOLE	NONE	0	0	480
SPDR DOW JONES REIT EFT	DJ REIT ETF	78464A607	27	342	SH		SOLE	NONE	85	0	256
SPDR EMERGING SMALL CAP	S&P EMKTSC ETF	78463X756	10	200	SH		SOLE	NONE	200	0	0
SPDR GOLD TR GOLD SHS ETF	GOLD SHS	78463V107	75	645	SH		SOLE	NONE	483	0	161
SPDR S&P HI YLD DIV ARISTOCRATS IDX	S&P DIVID ETF	78464A763	626	8,347	SH		SOLE	NONE	4,286	0	4,060
SPDR S&P MIDCAP 400 ETF TRUST	UTSER1 S&PDCRP	78467Y107	508	2,036	SH		SOLE	NONE	1,339	0	696
SPDR TR S&P 500 ETF TR	TR UNIT	78462F103	134	682	SH		SOLE	NONE	194	0	487
ST JUDE MED INC COM	COM	790849103	4,698	78,138	SH		SOLE	NONE	75,810	0	2,327
STARBUCKS CORP COM	COM	855244109	15	200	SH		SOLE	NONE	200	0	0
STARZ SERIES A COM	COM SER A	85571Q102	36	1,100	SH		SOLE	NONE	1,100	0	0
STATE STREET CORP COM	COM	857477103	3,873	52,617	SH		SOLE	NONE	51,284	0	1,332
STRYKER CORP COM	COM	863667101	2,805	34,734	SH		SOLE	NONE	33,502	0	1,231
SUBURBAN PROPANE PARTNERS LP COM	UNIT LTD PARTN	864482104	2,796	62,770	SH		SOLE	NONE	61,497	0	1,272
SYSCO CORP COM	COM	871829107	4,917	129,555	SH		SOLE	NONE	124,655	0	4,899
TARGET CORP COM	COM	87612E106	1	8	SH		SOLE	NONE	0	0	8
TEEKAY OFFSHORE PARTNERS COM	PARTNERSHIP UN	Y8565J101	67	2,000	SH		SOLE	NONE	2,000	0	0
TEVA PHARMACEUTICAL INDS LTD ADR	ADR	881624209	5	100	SH		SOLE	NONE	0	0	100
TEXAS INSTRUMENTS INC COM	COM	882508104	4,899	102,719	SH		SOLE	NONE	100,426	0	2,292
THE BLACKSTONE GROUP LP COM	COM UNIT LTD	09253U108	5,229	166,100	SH		SOLE	NONE	160,347	0	5,752
TIANYIN PHARMACEUTICAL CO INC COM	COM	88630M104	3	5,100	SH		SOLE	NONE	0	0	5,100
TRANSOCEAN LTD ORD	REG SHS	H8817H100	4	133	SH		SOLE	NONE	0	0	133
UDR INC COM	COM	902653104	29	1,080	SH		SOLE	NONE	1,080	0	0
UNDER ARMOUR INC COM CLASS A	CL A	904311107	62	900	SH		SOLE	NONE	900	0	0
UNION PAC CORP COM	COM	907818108	58	537	SH		SOLE	NONE	268	0	268
UNITED TECH CORP COM	COM	913017109	4,956	46,932	SH		SOLE	NONE	45,596	0	1,335
UNITEDHEALTH GROUP INC COM	COM	91324P102	1	8	SH		SOLE	NONE	0	0	8
US BANCORP COM (NEW)	COM NEW	902973304	4,839	115,685	SH		SOLE	NONE	112,069	0	3,615
V F CORP COM	COM	918204108	3,126	47,338	SH		SOLE	NONE	45,020	0	2,317
VALERO ENERGY CORP NEW COM	COM	91913Y100	9	200	SH		SOLE	NONE	200	0	0
VANGUARD CRSP US LARGE CAP INDEX	LARGE CAP ETF	922908637	5,069	56,032	SH		SOLE	NONE	37,575	0	18,457
VANGUARD CRSP US LARGE CAP VALUE IND ET	VALUE ETF	922908744	6,345	78,141	SH		SOLE	NONE	54,062	0	24,078
VANGUARD CRSP US MID CAP INDEX	MID CAP ETF	922908629	2,611	22,260	SH		SOLE	NONE	16,505	0	5,754
VANGUARD CRSP US SMALL CAP VALUE IND ET	SM CP VAL ETF	922908611	2,915	29,222	SH		SOLE	NONE	19,427	0	9,794
VANGUARD DIVIDEND APPRECIATION ETF	DIV APP ETF	921908844	134	1,741	SH		SOLE	NONE	1,741	0	0
VANGUARD EMERGING MARKETS ETF	FTSE EMR MKT ETF	922042858	5,787	138,734	SH		SOLE	NONE	102,367	0	36,367
VANGUARD ENERGY INDEX	ENERGY ETF	92204A306	3	23	SH		SOLE	NONE	23	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	FTSE DEV MKT ETF	921943858	32	796	SH		SOLE	NONE	530	0	265
VANGUARD HIGH DIVIDEND YIELD ETF	HIGH DIV YLD	921946406	66	990	SH		SOLE	NONE	330	0	660
VANGUARD INDUSTRIAL INDEX	INDUSTRIAL ETF	92204A603	4	44	SH		SOLE	NONE	44	0	0
VANGUARD INFO TECH INDEX	INF TECH ETF	92204A702	5	50	SH		SOLE	NONE	50	0	0
VANGUARD INTERMEDIATE TERM BOND FUND	INTERMED TERM	921937819	5	65	SH		SOLE	NONE	32	0	32
VANGUARD REIT ETF INDEX	REIT ETF	922908553	3	46	SH		SOLE	NONE	0	0	46
VANGUARD SHORT TERM BOND FUND	SHORT TRM BOND	921937827	394	4,918	SH		SOLE	NONE	3,981	0	936
VANGUARD SHORT TERM CORP BOND ETF	SHRT TRM CORP BD	92206C409	7,187	89,985	SH		SOLE	NONE	86,727	0	3,257
VANGUARD TOTAL BOND MARKET ETF	TOTAL BND MRKT	921937835	34	415	SH		SOLE	NONE	415	0	0
VANGUARD TOTAL STOCK MARKET ETF	TOTAL STK MKT	922908769	207	2,048	SH		SOLE	NONE	1,024	0	1,024
VANGUARD WORLD EX US SMALL CAP ETF	FTSE SMCAP ETF	922042718	1	12	SH		SOLE	NONE	0	0	12
VENTAS INC COM	COM	92276F100	10	158	SH		SOLE	NONE	158	0	0
VMWARE INC COM	CL A COM	928563402	6	66	SH		SOLE	NONE	66	0	0
WAL-MART STORES COM	COM	931142103	31	400	SH		SOLE	NONE	400	0	0
WALT DISNEY CO COM	COM DISNEY	254687106	57	639	SH		SOLE	NONE	639	0	0
WELLS FARGO & CO COM	COM	949746101	6,353	122,474	SH		SOLE	NONE	117,085	0	5,388
WESTERN ASSET INTERMEDIATE MUN CLOSED END FUND	COM	958435109	40	4,145	SH		SOLE	NONE	4,145	0	0
WHITEWAVE FOODS CO COM	COM	966244105	13	350	SH		SOLE	NONE	350	0	0
WILLIAMS COS INC COM	COM	969457100	221	4,000	SH		SOLE	NONE	4,000	0	0
WYNDHAM WORLDWIDE CORP COM	COM	98310W108	32	396	SH		SOLE	NONE	396	0	0
YAHOO! INC COM	COM	984332106	827	20,300	SH		SOLE	NONE	20,300	0	0
YUM! BRANDS INC COM	COM	988498101	12	166	SH		SOLE	NONE	166	0	0
KINDER MORGAN INC WARRANT	*W EXP 05/25/201	49456B119	18	5,000	SH		SOLE	NONE	5,000	0	0