Lehman & Derafelo Financial Resources 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
ALPHABET INC	CAP STK CL A	02079K305	206	197	SH		SOLE		197	0	0
ALPHABET INC	CAP STK CL C	02079K107	95	92	SH		SOLE		92	0	0
ALTABA INC	COM	021346101	550	9,500	SH		SOLE		9,500	0	0
ALTRIA GROUP INC	COM	02209S103	229	4,636	SH		SOLE		4,636	0	0
AMAZON COM INC	COM	023135106	9,267	6,170	SH		SOLE		6,170	0	0
AMERICAN ELEC PWR INC	COM	025537101	371	4,964	SH		SOLE		4,964	0	0
AMGEN INC	COM	031162100	205	1,055	SH		SOLE		1,055	0	0
APPLE INC	COM	037833100	1,372	8,697	SH		SOLE		8,697	0	0
AQUA AMERICA INC	COM	03836W103	261	7,620	SH		SOLE		7,620	0	0
AT&T INC	COM	00206R102	557	19,523	SH		SOLE		19,523	0	0
BANK AMER CORP	COM	060505104	6,980	283,260	SH		SOLE		283,260	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	9,704	47,525	SH		SOLE		47,525	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	3,410	304,988	SH		SOLE		304,988	0	0
BLACKROCK MUN 2020 TERM TR	COM SHS	09249X109	1,830	123,968	SH		SOLE		123,968	0	0
BLACKROCK MUN 2030 TAR TERM	COM SHS BEN IN	09257P105	2,953	143,995	SH		SOLE		143,995	0	0
BOEING CO	COM	097023105	587	1,820	SH		SOLE		1,820	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	205	3,949	SH		SOLE		3,949	0	0
CAESARS ENTMT CORP	COM	127686103	75	11,000	SH		SOLE		11,000	0	0
CATERPILLAR INC DEL	COM	149123101	305	2,400	SH		SOLE		2,400	0	0
CHEVRON CORP NEW	COM	166764100	3,772	34,671	SH		SOLE		34,671	0	0
CISCO SYS INC	COM	17275R102	5,202	120,048	SH		SOLE		120,048	0	0
CITIGROUP INC	COM NEW	172967424	297	5,700	SH		SOLE		5,700	0	0
CONOCOPHILLIPS	COM	20825C104	309	4,961	SH		SOLE		4,961	0	0
CONSOLIDATED EDISON INC	COM	209115104	287	3,750	SH		SOLE		3,750	0	0
CORNING INC	COM	219350105	212	7,015	SH		SOLE		7,015	0	0
DISNEY WALT CO	COM DISNEY	254687106	486	4,437	SH		SOLE		4,437	0	0
DOWDUPONT INC	COM	26078J100	219	4,100	SH		SOLE		4,100	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	1,029	11,927	SH		SOLE		11,927	0	0
EMERSON ELEC CO	COM	291011104	219	3,666	SH		SOLE		3,666	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	1,920	78,090	SH		SOLE		78,090	0	0
EXELON CORP	COM	30161N101	779	17,281	SH		SOLE		17,281	0	0
EXXON MOBIL CORP	COM	30231G102	737	10,806	SH		SOLE		10,806	0	0
FACEBOOK INC	CL A	30303M102	481	3,667	SH		SOLE		3,667	0	0
FIDELITY	DIVID ETF RISI	316092832	424	14,790	SH		SOLE		14,790	0	0
FIDELITY	MOMENTUM FACTR	316092816	6	218	SH		SOLE		218	0	0
FIDELITY	MSCI INFO TECH I	316092808	78	1,588	SH		SOLE		1,588	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	507	66,336	SH		SOLE		66,336	0	0
FS KKR CAPITAL CORP	COM	302635107	403	77,789	SH		SOLE		77,789	0	0
GENERAL ELECTRIC CO	COM	369604103	2,046	270,251	SH		SOLE		270,251	0	0
GENERAL MTRS CO	COM	37045V100	2,192	65,535	SH		SOLE		65,535	0	0
GILEAD SCIENCES INC	COM	375558103	1,364	21,805	SH		SOLE		21,805	0	0
GOLDCORP INC NEW	COM	380956409	618	63,101	SH		SOLE		63,101	0	0
HARRIS CORP DEL	COM	413875105	596	4,428	SH		SOLE		4,428	0	0
HOME DEPOT INC	COM	437076102	322	1,876	SH		SOLE		1,876	0	0
INTEL CORP	COM	458140100	255	5,435	SH		SOLE		5,435	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2019 CB	46138J304	152	7,196	SH		SOLE		7,196	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2020 CB	46138J502	152	7,196	SH		SOLE		7,196	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2021 CB	46138J700	147	7,074	SH		SOLE		7,074	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2022 CB	46138J882	148	7,204	SH		SOLE		7,204	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2023 CB	46138J866	96	4,762	SH		SOLE		4,762	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2024 CB	46138J841	95	4,762	SH		SOLE		4,762	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2025 CB	46138J825	99	5,012	SH		SOLE		5,012	0	0
INVESCO EXCH TRD SLF IDX FD	BULSHS 2026 CB	46138J791	98	5,250	SH		SOLE		5,250	0	0
INVESCO EXCHANGE TRADED FD T	BUYBACK ACHIEV	46137V308	331	6,350	SH		SOLE		6,350	0	0
INVESCO EXCHANGE TRADED FD T	DWA FINL MUMT	46137V860	4	150	SH		SOLE		150	0	0
INVESCO EXCHANGE TRADED FD T	DYNMC BIOTECH	46137V787	28	600	SH		SOLE		600	0	0
INVESCO EXCHANGE TRADED FD T	FINL PFD ETF	46137V621	35	1,994	SH		SOLE		1,994	0	0
INVESCO EXCHANGE TRADED FD T	FTSE RAFI 1500	46137V597	4	35	SH		SOLE		35	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	34	370	SH		SOLE		370	0	0
ISHARES GOLD TRUST	ISHARES	464285105	134	10,900	SH		SOLE		10,900	0	0
ISHARES SILVER TRUST	ISHARES	46428Q109	951	65,500	SH		SOLE		65,500	0	0
ISHARES TR	CORE S&P500 ETF	464287200	8,205	32,608	SH		SOLE		32,608	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	1,861	26,842	SH		SOLE		26,842	0	0
ISHARES TR	CORE S&P US VLU	464287663	7	150	SH		SOLE		150	0	0
ISHARES TR	EUROPE ETF	464287861	12	300	SH		SOLE		300	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	2	19	SH		SOLE		19	0	0
ISHARES TR	LATN AMER 40 ETF	464287390	3	100	SH		SOLE		100	0	0
ISHARES TR	MSCI EAFE ETF	464287465	134	2,282	SH		SOLE		2,282	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	407	10,414	SH		SOLE		10,414	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	13	101	SH		SOLE		101	0	0
ISHARES TR	RUS 1000 VAL ETF	464287598	8	69	SH		SOLE		69	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	0	3	SH		SOLE		3	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	77	458	SH		SOLE		458	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	21	195	SH		SOLE		195	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	24	318	SH		SOLE		318	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	4	24	SH		SOLE		24	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	4	38	SH		SOLE		38	0	0
ISHARES TR	S&P MC 400GR ETF	464287606	7	35	SH		SOLE		35	0	0
ISHARES TR	SP SMCP600VL ETF	464287879	2	13	SH		SOLE		13	0	0
ISHARES TR	20 YR TR BD ETF	464287432	37	302	SH		SOLE		302	0	0
ISHARES TR	3YRTB ETF	464288125	4	54	SH		SOLE		54	0	0
ISHARES TR	COHEN STEER REIT	464287564	38	400	SH		SOLE		400	0	0
ISHARES TR	EAFE VALUE ETF	464288877	34	754	SH		SOLE		754	0	0
ISHARES TR	GL CLEAN ENE ETF	464288224	1	100	SH		SOLE		100	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	7	85	SH		SOLE		85	0	0
ISHARES TR	INTRM TR CRP ETF	464288638	3	48	SH		SOLE		48	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	16	155	SH		SOLE		155	0	0
ISHARES TR	MRGSTR MD CP GRW	464288307	11	58	SH		SOLE		58	0	0
ISHARES TR	MSCI ACWI ETF	464288257	38	599	SH		SOLE		599	0	0
ISHARES TR	MSCI ACWI EX US	464288240	92	2,200	SH		SOLE		2,200	0	0
ISHARES TR	NASDAQ BIOTECH	464287556	991	10,277	SH		SOLE		10,277	0	0
ISHARES TR	S&P SML 600 GWT	464287887	8	48	SH		SOLE		48	0	0
ISHARES TR	SH TR CRPORT ETF	464288646	10	188	SH		SOLE		188	0	0
ISHARES TR	US AER DEF ETF	464288760	51	295	SH		SOLE		295	0	0
ISHARES TR	US REGNL BKS ETF	464288778	12	307	SH		SOLE		307	0	0
ISHARES TR	US TELECOM ETF	464287713	1	25	SH		SOLE		25	0	0
ISHARES TR	TRANS AVG ETF	464287192	13	80	SH		SOLE		80	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	25	295	SH		SOLE		295	0	0
ISHARES TR	U.S. TECH ETF	464287721	48	303	SH		SOLE		303	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	1	19	SH		SOLE		19	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	7	147	SH		SOLE		147	0	0
ISHARES TR	US TREAS BD ETF	46429B267	1	31	SH		SOLE		31	0	0
ISHARES TR	CMBS ETF	46429B366	15	300	SH		SOLE		300	0	0
ISHARES TR	CORE HIGH DV ETF	46429B663	1,544	18,303	SH		SOLE		18,303	0	0
ISHARES TR	USA MOMENTUM FCT	46432F396	3	31	SH		SOLE		31	0	0
ISHARES TR	USA QUALITY FCTR	46432F339	27	346	SH		SOLE		346	0	0
ISHARES TR	EDGE MSCI USA VL	46432F388	5	71	SH		SOLE		71	0	0
ISHARES TR	CORE MSCI TOTAL	46432F834	2,407	45,814	SH		SOLE		45,814	0	0
ISHARES TR	MULTIFACTOR INTL	46434V274	190	8,000	SH		SOLE		8,000	0	0
ISHARES TR	MULTIFACTOR USA	46434V282	167	6,000	SH		SOLE		6,000	0	0
ISHARES TR	CORE MSCI EURO	46434V738	1	27	SH		SOLE		27	0	0
JOHNSON & JOHNSON	COM	478160104	1,479	11,460	SH		SOLE		11,460	0	0
KIMBERLY CLARK CORP	COM	494368103	221	1,939	SH		SOLE		1,939	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	3,193	55,960	SH		SOLE		55,960	0	0
MCDONALDS CORP	COM	580135101	242	1,360	SH		SOLE		1,360	0	0
MERCK & CO INC	COM	58933Y105	3,652	47,795	SH		SOLE		47,795	0	0
MICROSOFT CORP	COM	594918104	478	4,710	SH		SOLE		4,710	0	0
NEXTERA ENERGY INC	COM	65339F101	49,560	285,124	SH		SOLE		285,124	0	0
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341B106	19,469	452,242	SH		SOLE		452,242	0	0
NORFOLK SOUTHERN CORP	COM	655844108	214	1,433	SH		SOLE		1,433	0	0
NUVEEN MUN 2021 TARGET TERM	COM	670687102	98	10,417	SH		SOLE		10,417	0	0
OPKO HEALTH INC	COM	68375N103	157	52,300	SH		SOLE		52,300	0	0
ORACLE CORP	COM	68389X105	256	5,670	SH		SOLE		5,670	0	0
ORGANOVO HLDGS INC	COM	68620A104	193	201,542	SH		SOLE		201,542	0	0
PFIZER INC	COM	717081103	8,564	196,187	SH		SOLE		196,187	0	0
PIMCO DYNMIC CREDIT AND MRT	COM SHS	72202D106	2,109	100,207	SH		SOLE		100,207	0	0
PROCTER AND GAMBLE CO	COM	742718109	827	8,998	SH		SOLE		8,998	0	0
REALTY INCOME CORP	COM	756109104	3,410	54,100	SH		SOLE		54,100	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	134	2,300	SH		SOLE		2,300	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	162	2,700	SH		SOLE		2,700	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	812	7,442	SH		SOLE		7,442	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	1,124	23,922	SH		SOLE		23,922	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	2	90	SH		SOLE		90	0	0
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	0	4	SH		SOLE		4	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	38	1,346	SH		SOLE		1,346	0	0
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	22	450	SH		SOLE		450	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	7	120	SH		SOLE		120	0	0
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	1	15	SH		SOLE		15	0	0
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	34	710	SH		SOLE		710	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	1	13	SH		SOLE		13	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,950	81,875	SH		SOLE		81,875	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	1,006	17,535	SH		SOLE		17,535	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	8	155	SH		SOLE		155	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	54	839	SH		SOLE		839	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	19	299	SH		SOLE		299	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	95	1,790	SH		SOLE		1,790	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	50	502	SH		SOLE		502	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	42	487	SH		SOLE		487	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	0	3	SH		SOLE		3	0	0
SIRIUS XM HLDGS INC	COM	82968B103	91	15,945	SH		SOLE		15,945	0	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	299	1,281	SH		SOLE		1,281	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	658	5,425	SH		SOLE		5,425	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	523	2,093	SH		SOLE		2,093	0	0
SPDR SERIES TRUST	S&P BK ETF	78464A797	2,790	74,710	SH		SOLE		74,710	0	0
SPDR SERIES TRUST	PORTFOLIO INTRMD	78464A375	44	1,322	SH		SOLE		1,322	0	0
SPDR SERIES TRUST	S&P 600 SML CAP	78464A813	1,704	28,417	SH		SOLE		28,417	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	32	450	SH		SOLE		450	0	0
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	7	208	SH		SOLE		208	0	0
SPDR SERIES TRUST	S&P INS ETF	78464A789	45	1,575	SH		SOLE		1,575	0	0
SPDR SERIES TRUST	OILGAS EQUIP	78464A748	6	621	SH		SOLE		621	0	0
SPDR SERIES TRUST	S&P 600 SMCP VAL	78464A300	39	732	SH		SOLE		732	0	0
SPDR SERIES TRUST	AEROSPACE DEF	78464A631	3	35	SH		SOLE		35	0	0
SUPERCOM LTD NEW	SHS NEW	M87095119	87	63,170	SH		SOLE		63,170	0	0
UNION PAC CORP	COM	907818108	291	2,104	SH		SOLE		2,104	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	3,061	31,387	SH		SOLE		31,387	0	0
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	1,036	49,104	SH		SOLE		49,104	0	0
VANECK VECTORS ETF TR	INTL HIGH YIELD	92189F445	16	670	SH		SOLE		670	0	0
VANECK VECTORS ETF TR	OIL SVCS ETF	92189F718	34	2,400	SH		SOLE		2,400	0	0
VANECK VECTORS ETF TR	RARE EARTH STRAT	92189F742	1	87	SH		SOLE		87	0	0
VANECK VECTORS ETF TR	SEMICONDUCTOR ET	92189F676	4	46	SH		SOLE		46	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	285	6,250	SH		SOLE		6,250	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	4,798	73,300	SH		SOLE		73,300	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	240	3,075	SH		SOLE		3,075	0	0
VANGUARD WHITEHALL FDS INC	INTL DVD ETF	921946810	92	1,600	SH		SOLE		1,600	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	642	11,412	SH		SOLE		11,412	0	0
VISA INC	COM CL A	92826C839	565	4,284	SH		SOLE		4,284	0	0
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857W308	488	25,300	SH		SOLE		25,300	0	0
WALMART INC	COM	931142103	264	2,838	SH		SOLE		2,838	0	0
WELLS FARGO CO NEW	COM	949746101	274	5,940	SH		SOLE		5,940	0	0
XG TECHNOLOGY INC	COM PAR	98372A705	12	39,670	SH		SOLE		39,670	0	0