Rowland Carmichael 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	88579Y101	960	4,609	SH		SOLE		4,609	0	0
ABBOTT LABS	COM	002824100	1,190	24,485	SH		SOLE		24,485	0	0
ABBVIE INC	COM	00287Y109	224	3,088	SH		SOLE		3,088	0	0
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	563	112,500	SH		SOLE		112,500	0	0
ADVANCE AUTO PARTS INC	COM	00751Y106	873	7,487	SH		SOLE		7,487	0	0
AEGON N V	NY REGISTRY SH	007924103	187	36,628	SH		SOLE		36,628	0	0
AERCAP HOLDINGS NV	SHS	N00985106	242	5,217	SH		SOLE		5,217	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	481	11,632	SH		SOLE		11,632	0	0
ALLERGAN PLC	SHS	G0177J108	1,040	4,279	SH		SOLE		4,279	0	0
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	190	14,686	SH		SOLE		14,686	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,434	1,542	SH		SOLE		1,542	0	0
ALPHABET INC	CAP STK CL C	02079K107	122	134	SH		SOLE		134	0	0
ALPS ETF TR	ALERIAN MLP	00162Q866	3,564	298,021	SH		SOLE		298,021	0	0
ALPS ETF TR	SECTR DIV DOGS	00162Q858	22	523	SH		SOLE		523	0	0
AMBEV SA	SPONSORED ADR	02319V103	159	28,939	SH		SOLE		28,939	0	0
AMDOCS LTD	SHS	G02602103	316	4,900	SH		SOLE		4,900	0	0
AMERICAN ASSETS TR INC	COM	024013104	256	6,500	SH		SOLE		6,500	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	658	4,971	SH		SOLE		4,971	0	0
ANALOG DEVICES INC	COM	032654105	284	3,650	SH		SOLE		3,650	0	0
ANTHEM INC	COM	036752103	940	4,996	SH		SOLE		4,996	0	0
APACHE CORP	COM	037411105	227	4,730	SH		SOLE		4,730	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	226	12,060	SH		SOLE		12,060	0	0
APPLE INC	COM	037833100	3,565	24,756	SH		SOLE		24,756	0	0
ARMADA HOFFLER PPTYS INC	COM	04208T108	220	17,000	SH		SOLE		17,000	0	0
ARMSTRONG WORLD INDS INC NEW	COM	04247X102	330	7,180	SH		SOLE		7,180	0	0
AUTODESK INC	COM	052769106	1,267	12,568	SH		SOLE		12,568	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	886	8,650	SH		SOLE		8,650	0	0
AVALONBAY CMNTYS INC	COM	053484101	461	2,400	SH		SOLE		2,400	0	0
AVERY DENNISON CORP	COM	053611109	205	2,320	SH		SOLE		2,320	0	0
BAIDU INC	SPON ADR REP A	056752108	245	1,370	SH		SOLE		1,370	0	0
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	213	25,443	SH		SOLE		25,443	0	0
BAXTER INTL INC	COM	071813109	397	6,555	SH		SOLE		6,555	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,426	8,417	SH		SOLE		8,417	0	0
BHP BILLITON PLC	SPONSORED ADR	05545E209	202	6,573	SH		SOLE		6,573	0	0
BIO PATH HOLDINGS INC	COM	09057N102	171	441,259	SH		SOLE		441,259	0	0
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	614	56,000	SH		SOLE		56,000	0	0
BLACKROCK MUNIYIELD QLTY FD	COM	09254E103	219	15,357	SH		SOLE		15,357	0	0
BOSTON PROPERTIES INC	COM	101121101	492	4,000	SH		SOLE		4,000	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	291	10,515	SH		SOLE		10,515	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	538	7,120	SH		SOLE		7,120	0	0
BWX TECHNOLOGIES INC	COM	05605H100	293	6,015	SH		SOLE		6,015	0	0
C H ROBINSON WORLDWIDE INC	COM NEW	12541W209	701	10,210	SH		SOLE		10,210	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	342	4,000	SH		SOLE		4,000	0	0
CANADIAN NATL RY CO	COM	136375102	964	11,894	SH		SOLE		11,894	0	0
CANADIAN PAC RY LTD	COM	13645T100	660	4,106	SH		SOLE		4,106	0	0
CELGENE CORP	COM	151020104	675	5,199	SH		SOLE		5,199	0	0
CHATHAM LODGING TR	COM	16208T102	567	28,236	SH		SOLE		28,236	0	0
CHEVRON CORP NEW	COM	166764100	1,634	15,658	SH		SOLE		15,657	0	0
CHUBB LIMITED	COM	H1467J104	835	5,743	SH		SOLE		5,743	0	0
CISCO SYS INC	COM	17275R102	876	28,002	SH		SOLE		28,002	0	0
CITY OFFICE REIT INC	COM	178587101	258	20,330	SH		SOLE		20,330	0	0
CLOROX CO DEL	COM	189054109	510	3,830	SH		SOLE		3,830	0	0
COCA COLA CO	COM	191216100	1,188	26,483	SH		SOLE		26,483	0	0
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	244	10,325	SH		SOLE		10,325	0	0
COMMERCE BANCSHARES INC	COM	200525103	201	3,531	SH		SOLE		3,531	0	0
COOPER TIRE & RUBR CO	COM	216831107	293	8,108	SH		SOLE		8,108	0	0
CORECIVIC INC	COM	21871N101	275	9,960	SH		SOLE		9,960	0	0
COUSINS PPTYS INC	COM	222795106	149	17,000	SH		SOLE		17,000	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	371	3,700	SH		SOLE		3,700	0	0
CUMMINS INC	COM	231021106	1,020	6,287	SH		SOLE		6,287	0	0
CYRUSONE INC	COM	23283R100	368	6,600	SH		SOLE		6,600	0	0
DANAHER CORP DEL	COM	235851102	1,050	12,447	SH		SOLE		12,447	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	1,119	9,335	SH		SOLE		9,335	0	0
DOLLAR GEN CORP NEW	COM	256677105	1,382	19,170	SH		SOLE		19,170	0	0
DRIL-QUIP INC	COM	262037104	302	6,192	SH		SOLE		6,192	0	0
EASTGROUP PPTY INC	COM	277276101	293	3,500	SH		SOLE		3,500	0	0
EATON VANCE CORP	COM NON VTG	278265103	258	5,446	SH		SOLE		5,446	0	0
EMERSON ELEC CO	COM	291011104	914	15,323	SH		SOLE		15,323	0	0
EMPIRE ST RLTY TR INC	CL A	292104106	228	11,000	SH		SOLE		11,000	0	0
ENERGIZER HLDGS INC NEW	COM	29272W109	394	8,208	SH		SOLE		8,208	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	247	9,110	SH		SOLE		9,110	0	0
EPAM SYS INC	COM	29414B104	214	2,550	SH		SOLE		2,550	0	0
ESSEX PPTY TR INC	COM	297178105	463	1,800	SH		SOLE		1,800	0	0
EXXON MOBIL CORP	COM	30231G102	1,057	13,089	SH		SOLE		13,089	0	0
FACEBOOK INC	CL A	30303M102	1,346	8,914	SH		SOLE		8,914	0	0
FASTENAL CO	COM	311900104	646	14,830	SH		SOLE		14,830	0	0
FIDELITY	MSCI FINLS IDX	316092501	498	13,704	SH		SOLE		13,704	0	0
FIRST AMERN FINL CORP	COM	31847R102	422	9,440	SH		SOLE		9,440	0	0
FIRST INDUSTRIAL REALTY TRUS	COM	32054K103	402	14,060	SH		SOLE		14,060	0	0
FRANKLIN RES INC	COM	354613101	409	9,135	SH		SOLE		9,135	0	0
FRANKS INTL N V	COM	N33462107	239	28,841	SH		SOLE		28,841	0	0
FS INVT CORP	COM	302635107	151	16,516	SH		SOLE		16,516	0	0
GATX CORP	COM	361448103	524	8,151	SH		SOLE		8,151	0	0
GENERAL ELECTRIC CO	COM	369604103	383	14,165	SH		SOLE		14,165	0	0
GENERAL MLS INC	COM	370334104	714	12,890	SH		SOLE		12,890	0	0
GENUINE PARTS CO	COM	372460105	331	3,570	SH		SOLE		3,570	0	0
GILEAD SCIENCES INC	COM	375558103	966	13,650	SH		SOLE		13,650	0	0
GLADSTONE INVT CORP	COM	376546107	392	41,736	SH		SOLE		41,736	0	0
GLOBAL NET LEASE INC	COM NEW	379378201	667	29,987	SH		SOLE		29,987	0	0
GLOBAL X FDS	GLBL X MLP ETF	37950E473	989	90,569	SH		SOLE		90,569	0	0
GLOBUS MED INC	CL A	379577208	258	7,782	SH		SOLE		7,782	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	289	7,440	SH		SOLE		7,440	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	219	4,160	SH		SOLE		4,160	0	0
HASBRO INC	COM	418056107	609	5,465	SH		SOLE		5,465	0	0
HESS CORP	COM	42809H107	201	4,580	SH		SOLE		4,580	0	0
HOME DEPOT INC	COM	437076102	992	6,468	SH		SOLE		6,468	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	362	26,805	SH		SOLE		26,805	0	0
ILLINOIS TOOL WKS INC	COM	452308109	939	6,555	SH		SOLE		6,555	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	188	19,000	SH		SOLE		19,000	0	0
INGEVITY CORP	COM	45688C107	330	5,748	SH		SOLE		5,748	0	0
INTEL CORP	COM	458140100	1,001	29,674	SH		SOLE		29,674	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	771	5,011	SH		SOLE		5,011	0	0
INVESCO LTD	SHS	G491BT108	265	7,540	SH		SOLE		7,540	0	0
ISHARES	CONSER ALLOC ETF	464289883	94	2,762	SH		SOLE		2,762	0	0
ISHARES	GRWT ALLOCAT ETF	464289867	116	2,668	SH		SOLE		2,668	0	0
ISHARES	MODERT ALLOC ETF	464289875	142	3,808	SH		SOLE		3,808	0	0
ISHARES	AGGRES ALLOC ETF	464289859	20	385	SH		SOLE		385	0	0
ISHARES GOLD TRUST	ISHARES	464285105	178	14,917	SH		SOLE		14,917	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	225	4,501	SH		SOLE		4,501	0	0
ISHARES TR	1-3 YR TR BD ETF	464287457	57	680	SH		SOLE		680	0	0
ISHARES TR	20 YR TR BD ETF	464287432	2	16	SH		SOLE		16	0	0
ISHARES TR	7-10YR TR BD ETF	464287440	230	2,162	SH		SOLE		2,162	0	0
ISHARES TR	CORE HIGH DV ETF	46429B663	33	396	SH		SOLE		396	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	226	3,715	SH		SOLE		3,715	0	0
ISHARES TR	CORE S&P500 ETF	464287200	196	804	SH		SOLE		804	0	0
ISHARES TR	CORE S&P TTL STK	464287150	52	946	SH		SOLE		946	0	0
ISHARES TR	CORE US AGGBD ET	464287226	1,094	9,989	SH		SOLE		9,989	0	0
ISHARES TR	MIN VOL EAFE ETF	46429B689	18	266	SH		SOLE		266	0	0
ISHARES TR	FLTG RATE BD ETF	46429B655	3,042	59,733	SH		SOLE		59,733	0	0
ISHARES TR	INTL DEV RE ETF	464288489	1,647	57,831	SH		SOLE		57,831	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	619	6,998	SH		SOLE		6,998	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	22	182	SH		SOLE		182	0	0
ISHARES TR	INTRM GOV/CR ETF	464288612	38	345	SH		SOLE		345	0	0
ISHARES TR	JP MOR EM MK ETF	464288281	30	261	SH		SOLE		261	0	0
ISHARES TR	MBS ETF	464288588	21	193	SH		SOLE		193	0	0
ISHARES TR	MSCI ACWI ETF	464288257	492	7,506	SH		SOLE		7,506	0	0
ISHARES TR	MSCI EAFE ETF	464287465	81	1,239	SH		SOLE		1,239	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	8	200	SH		SOLE		200	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	47	1,470	SH		SOLE		1,470	0	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	14	44	SH		SOLE		44	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	504	4,580	SH		SOLE		4,580	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	242	6,177	SH		SOLE		6,177	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	364	2,583	SH		SOLE		2,583	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	2	13	SH		SOLE		13	0	0
ISHARES TR	RUS MD CP GR ETF	464287481	6	59	SH		SOLE		59	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	1,184	6,807	SH		SOLE		6,807	0	0
ISHARES TR	SP SMCP600VL ETF	464287879	40	289	SH		SOLE		289	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	853	12,171	SH		SOLE		12,171	0	0
ISHARES TR	SHRT TRS BD ETF	464288679	218	1,977	SH		SOLE		1,977	0	0
ISHARES TR	1-3 YR CR BD ETF	464288646	4,507	42,794	SH		SOLE		42,794	0	0
ISHARES TR	TIPS BD ETF	464287176	637	5,619	SH		SOLE		5,619	0	0
ISHARES TR	U.S. CNSM SV ETF	464287580	87	530	SH		SOLE		530	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	30	380	SH		SOLE		380	0	0
ISHARES TR	U.S. TECH ETF	464287721	21	149	SH		SOLE		149	0	0
JOHNSON & JOHNSON	COM	478160104	1,773	13,405	SH		SOLE		13,405	0	0
KAMAN CORP	COM	483548103	365	7,329	SH		SOLE		7,329	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	966	24,808	SH		SOLE		24,808	0	0
KILROY RLTY CORP	COM	49427F108	271	3,600	SH		SOLE		3,600	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	208	11,000	SH		SOLE		11,000	0	0
LADDER CAP CORP	CL A	505743104	207	15,414	SH		SOLE		15,414	0	0
LANDSTAR SYS INC	COM	515098101	507	5,921	SH		SOLE		5,921	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	345	3,974	SH		SOLE		3,974	0	0
LIBERTY MEDIA CORP DELAWARE	COM C SIRIUSXM	531229607	417	9,990	SH		SOLE		9,990	0	0
LIFE STORAGE INC	COM	53223X107	437	5,900	SH		SOLE		5,900	0	0
M & T BK CORP	COM	55261F104	337	2,080	SH		SOLE		2,080	0	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	400	5,106	SH		SOLE		5,106	0	0
MARKEL CORP	COM	570535104	293	300	SH		SOLE		300	0	0
MATSON INC	COM	57686G105	212	7,054	SH		SOLE		7,054	0	0
MBIA INC	COM	55262C100	201	21,361	SH		SOLE		21,361	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	791	8,107	SH		SOLE		8,107	0	0
MCDONALDS CORP	COM	580135101	1,120	7,310	SH		SOLE		7,310	0	0
MCKESSON CORP	COM	58155Q103	397	2,415	SH		SOLE		2,415	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	167	12,982	SH		SOLE		12,982	0	0
MEDTRONIC PLC	SHS	G5960L103	886	9,979	SH		SOLE		9,979	0	0
MERCK & CO INC	COM	58933Y105	971	15,143	SH		SOLE		15,143	0	0
MICROSOFT CORP	COM	594918104	1,146	16,623	SH		SOLE		16,623	0	0
MORGAN STANLEY EM MKTS DM DE	COM	617477104	604	76,123	SH		SOLE		76,123	0	0
NATIONAL FUEL GAS CO N J	COM	636180101	303	5,426	SH		SOLE		5,426	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	256	19,490	SH		SOLE		19,490	0	0
NEWELL BRANDS INC	COM	651229106	1,103	20,571	SH		SOLE		20,571	0	0
NEWMARKET CORP	COM	651587107	694	1,507	SH		SOLE		1,507	0	0
NEXTERA ENERGY INC	COM	65339F101	378	2,700	SH		SOLE		2,700	0	0
NIELSEN HLDGS PLC	SHS EUR	G6518L108	805	20,832	SH		SOLE		20,832	0	0
NISOURCE INC	COM	65473P105	273	10,775	SH		SOLE		10,775	0	0
NORTHERN TR CORP	COM	665859104	938	9,646	SH		SOLE		9,646	0	0
OLIN CORP	COM PAR $1	680665205	470	15,518	SH		SOLE		15,518	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	704	21,321	SH		SOLE		21,321	0	0
OMNICOM GROUP INC	COM	681919106	351	4,235	SH		SOLE		4,235	0	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	405	9,232	SH		SOLE		9,232	0	0
PEPSICO INC	COM	713448108	1,053	9,118	SH		SOLE		9,118	0	0
PFIZER INC	COM	717081103	254	7,558	SH		SOLE		7,558	0	0
PHILIP MORRIS INTL INC	COM	718172109	763	6,493	SH		SOLE		6,493	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	427	4,209	SH		SOLE		4,209	0	0
PIMCO ETF TR	15+ YR US TIPS	72201R304	79	1,200	SH		SOLE		1,200	0	0
PIMCO ETF TR	ACTIVE BD ETF	72201R775	4	40	SH		SOLE		40	0	0
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	389	3,822	SH		SOLE		3,822	0	0
POLARIS INDS INC	COM	731068102	855	9,271	SH		SOLE		9,271	0	0
PPL CORP	COM	69351T106	267	6,900	SH		SOLE		6,900	0	0
PRICESMART INC	COM	741511109	387	4,421	SH		SOLE		4,421	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,651	18,948	SH		SOLE		18,948	0	0
PROGRESSIVE CORP OHIO	COM	743315103	488	11,057	SH		SOLE		11,057	0	0
PROSHARES TR	HGH YLD INT RATE	74348A541	20	292	SH		SOLE		292	0	0
PROSHARES TR	INFLATN EXPECTNS	74348A814	910	33,555	SH		SOLE		33,555	0	0
PROSHARES TR	S&P 500 DV ARIST	74348A467	128	2,212	SH		SOLE		2,212	0	0
PROSPECT CAPITAL CORPORATION	COM	74348T102	184	22,710	SH		SOLE		22,710	0	0
PUBLIC STORAGE	COM	74460D109	748	3,588	SH		SOLE		3,588	0	0
QUALCOMM INC	COM	747525103	729	13,196	SH		SOLE		13,196	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	455	4,095	SH		SOLE		4,095	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	541	6,744	SH		SOLE		6,744	0	0
REGENCY CTRS CORP	COM	758849103	219	3,500	SH		SOLE		3,500	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	232	4,357	SH		SOLE		4,357	0	0
SABRE CORP	COM	78573M104	634	29,134	SH		SOLE		29,134	0	0
SCHLUMBERGER LTD	COM	806857108	1,453	22,067	SH		SOLE		22,067	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	1	51	SH		SOLE		51	0	0
SCHWAB STRATEGIC TR	SCHWAB FDT US SC	808524763	413	11,875	SH		SOLE		11,875	0	0
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	213	3,943	SH		SOLE		3,943	0	0
SCHWAB STRATEGIC TR	INTL SCEQT ETF	808524888	1	25	SH		SOLE		25	0	0
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	571	11,334	SH		SOLE		11,334	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	661	11,307	SH		SOLE		11,307	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	33	568	SH		SOLE		568	0	0
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	106	2,197	SH		SOLE		2,197	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	190	4,621	SH		SOLE		4,621	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	608	9,508	SH		SOLE		9,508	0	0
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	256	4,895	SH		SOLE		4,895	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	23	514	SH		SOLE		514	0	0
SERVICE CORP INTL	COM	817565104	541	16,180	SH		SOLE		16,180	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	712	4,400	SH		SOLE		4,400	0	0
SMITH & NEPHEW PLC	SPDN ADR NEW	83175M205	347	9,945	SH		SOLE		9,945	0	0
SONOCO PRODS CO	COM	835495102	239	4,640	SH		SOLE		4,640	0	0
SOUTHERN CO	COM	842587107	851	17,774	SH		SOLE	��	17,774	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,418	5,865	SH		SOLE		5,865	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	746	26,670	SH		SOLE		26,670	0	0
SPDR SER TR	NUVEEN BLMBRG SR	78468R739	500	10,300	SH		SOLE		10,300	0	0
SPDR SERIES TRUST	BLOMBRG BRC AGRT	78464A649	20	343	SH		SOLE		343	0	0
SPDR SERIES TRUST	BLOMBERG BRC SRT	78464A474	143	4,659	SH		SOLE		4,659	0	0
SPDR SERIES TRUST	S&P 600 SML CAP	78464A813	51	415	SH		SOLE		415	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	60	672	SH		SOLE		672	0	0
SPDR SERIES TRUST	S&P PHARMAC	78464A722	32	752	SH		SOLE		752	0	0
SPDR SERIES TRUST	S&P RETAIL ETF	78464A714	17	420	SH		SOLE		420	0	0
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	203	4,273	SH		SOLE		4,273	0	0
SSGA ACTIVE ETF TR	SPDR TR TACTIC	78467V848	80	1,618	SH		SOLE		1,618	0	0
SSGA ACTIVE ETF TR	GLOBL ALLO ETF	78467V400	4	119	SH		SOLE		119	0	0
STAG INDL INC	COM	85254J102	530	19,207	SH		SOLE		19,207	0	0
STARWOOD PPTY TR INC	COM	85571B105	449	20,037	SH		SOLE		20,037	0	0
STURM RUGER & CO INC	COM	864159108	323	5,202	SH		SOLE		5,202	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	260	33,021	SH		SOLE		33,021	0	0
SUN CMNTYS INC	COM	866674104	692	7,890	SH		SOLE		7,890	0	0
SUNTRUST BKS INC	COM	867914103	415	7,320	SH		SOLE		7,320	0	0
SYNCHRONY FINL	COM	87165B103	721	24,190	SH		SOLE		24,190	0	0
SYSCO CORP	COM	871829107	347	6,890	SH		SOLE		6,890	0	0
TEMPLETON EMERG MKTS INCOME	COM	880192109	623	55,500	SH		SOLE		55,500	0	0
TEMPLETON GLOBAL INCOME FD	COM	880198106	74	11,000	SH		SOLE		11,000	0	0
TEMPUR SEALY INTL INC	COM	88023U101	218	4,086	SH		SOLE		4,086	0	0
TEXAS INSTRS INC	COM	882508104	728	9,467	SH		SOLE		9,467	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	889	7,283	SH		SOLE		7,283	0	0
V F CORP	COM	918204108	898	15,582	SH		SOLE		15,582	0	0
VANGUARD BD INDEX FD INC	LONG TERM BOND	921937793	4	41	SH		SOLE		41	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	15	185	SH		SOLE		185	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	408	4,988	SH		SOLE		4,988	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	54	425	SH		SOLE		425	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	99	888	SH		SOLE		888	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	58	409	SH		SOLE		409	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	9	84	SH		SOLE		84	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	2,213	26,588	SH		SOLE		26,588	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	2,109	9,497	SH		SOLE		9,497	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	76	561	SH		SOLE		561	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	153	1,241	SH		SOLE		1,241	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	12,262	98,532	SH		SOLE		98,532	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	26	272	SH		SOLE		272	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	1,594	31,864	SH		SOLE		31,864	0	0
VANGUARD INTL EQUITY INDEX F	FTSE SMCAP ETF	922042718	2	18	SH		SOLE		18	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,113	27,266	SH		SOLE		27,266	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	53	953	SH		SOLE		953	0	0
VANGUARD INTL EQUITY INDEX F	GLB EX US ETF	922042676	7	132	SH		SOLE		132	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	103	1,520	SH		SOLE		1,520	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,586	18,124	SH		SOLE		18,124	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	1,486	16,030	SH		SOLE		16,030	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	1,831	44,301	SH		SOLE		44,301	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	468	3,322	SH		SOLE		3,322	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	27	425	SH		SOLE		425	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	630	4,278	SH		SOLE		4,278	0	0
VEREIT INC	COM	92339V100	1,072	131,687	SH		SOLE		131,687	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	857	19,200	SH		SOLE		19,200	0	0
VISA INC	COM CL A	92826C839	1,516	16,165	SH		SOLE		16,165	0	0
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857W308	838	29,178	SH		SOLE		29,178	0	0
VORNADO RLTY TR	SH BEN INT	929042109	347	3,700	SH		SOLE		3,700	0	0
W P CAREY INC	COM	92936U109	1,649	24,975	SH		SOLE		24,975	0	0
WAL-MART STORES INC	COM	931142103	994	13,136	SH		SOLE		13,136	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	211	7,000	SH		SOLE		7,000	0	0
WELLS FARGO CO NEW	COM	949746101	6,107	110,222	SH		SOLE		110,221	0	0
WELLTOWER INC	COM	95040Q104	491	6,556	SH		SOLE		6,556	0	0
WESTERN ASSET HIGH INCM OPP	COM	95766K109	421	83,000	SH		SOLE		83,000	0	0
WESTERN UN CO	COM	959802109	230	12,070	SH		SOLE		12,070	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	374	431	SH		SOLE		431	0	0
WHITESTONE REIT	COM	966084204	172	14,080	SH		SOLE		14,080	0	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	442	3,036	SH		SOLE		3,036	0	0
XCEL ENERGY INC	COM	98389B100	216	4,704	SH		SOLE		4,704	0	0
XILINX INC	COM	983919101	924	14,367	SH		SOLE		14,367	0	0
XPO LOGISTICS INC	COM	983793100	1,050	16,245	SH		SOLE		16,245	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	284	2,210	SH		SOLE		2,210	0	0