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
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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	88579Y101	1,040	4,417	SH		SOLE		4,417	0	0
ABBOTT LABS	COM	002824100	1,308	22,922	SH		SOLE		22,922	0	0
ABBVIE INC	COM	00287Y109	299	3,088	SH		SOLE		3,088	0	0
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	95	19,520	SH		SOLE		19,520	0	0
AERCAP HOLDINGS NV	SHS	N00985106	274	5,217	SH		SOLE		5,217	0	0
ALASKA AIR GROUP INC	COM	011659109	764	10,396	SH		SOLE		10,396	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	323	11,632	SH		SOLE		11,632	0	0
ALLEGHANY CORP DEL	COM	017175100	388	651	SH		SOLE		651	0	0
ALLERGAN PLC	SHS	G0177J108	869	5,313	SH		SOLE		5,313	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,624	1,542	SH		SOLE		1,542	0	0
ALPHABET INC	CAP STK CL C	02079K107	151	144	SH		SOLE		144	0	0
ALPS ETF TR	ALERIAN MLP	00162Q866	2,428	225,032	SH		SOLE		225,032	0	0
AMBEV SA	SPONSORED ADR	02319V103	187	28,939	SH		SOLE		28,939	0	0
AMDOCS LTD	SHS	G02602103	321	4,900	SH		SOLE		4,900	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	567	3,971	SH		SOLE		3,971	0	0
ANADARKO PETE CORP	COM	032511107	215	4,015	SH		SOLE		4,015	0	0
ANALOG DEVICES INC	COM	032654105	332	3,731	SH		SOLE		3,731	0	0
ANTHEM INC	COM	036752103	1,124	4,996	SH		SOLE		4,996	0	0
APACHE CORP	COM	037411105	200	4,730	SH		SOLE		4,730	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	227	11,567	SH		SOLE		11,567	0	0
APPLE INC	COM	037833100	4,091	24,823	SH		SOLE		24,822	0	0
APTIV PLC	SHS	G6095L109	1,012	11,934	SH		SOLE		11,934	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L203	229	7,082	SH		SOLE		7,082	0	0
ARMADA HOFFLER PPTYS INC	COM	04208T108	186	12,000	SH		SOLE		12,000	0	0
ARMSTRONG WORLD INDS INC NEW	COM	04247X102	422	6,970	SH		SOLE		6,970	0	0
AUTODESK INC	COM	052769106	1,341	12,793	SH		SOLE		12,793	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	983	8,390	SH		SOLE		8,390	0	0
AVALONBAY CMNTYS INC	COM	053484101	428	2,400	SH		SOLE		2,400	0	0
AVERY DENNISON CORP	COM	053611109	266	2,320	SH		SOLE		2,320	0	0
BAIDU INC	SPON ADR REP A	056752108	321	1,370	SH		SOLE		1,370	0	0
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	165	19,459	SH		SOLE		19,459	0	0
BAXTER INTL INC	COM	071813109	424	6,555	SH		SOLE		6,555	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,667	8,412	SH		SOLE		8,412	0	0
BHP BILLITON PLC	SPONSORED ADR	05545E209	265	6,573	SH		SOLE		6,573	0	0
BIO PATH HOLDINGS INC	COM	09057N102	89	441,259	SH		SOLE		441,259	0	0
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	503	46,000	SH		SOLE		46,000	0	0
BLACKROCK ENERGY & RES TR	COM	09250U101	744	52,500	SH		SOLE		52,500	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	556	17,277	SH		SOLE		17,277	0	0
BOSTON PROPERTIES INC	COM	101121101	520	4,000	SH		SOLE		4,000	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	266	10,712	SH		SOLE		10,712	0	0
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	290	4,326	SH		SOLE		4,326	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	645	7,120	SH		SOLE		7,120	0	0
BWX TECHNOLOGIES INC	COM	05605H100	364	6,015	SH		SOLE		6,015	0	0
C H ROBINSON WORLDWIDE INC	COM NEW	12541W209	903	10,135	SH		SOLE		10,135	0	0
CABOT OIL & GAS CORP	COM	127097103	214	7,485	SH		SOLE		7,485	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	377	4,100	SH		SOLE		4,100	0	0
CANADIAN NATL RY CO	COM	136375102	940	11,394	SH		SOLE		11,394	0	0
CANADIAN PAC RY LTD	COM	13645T100	750	4,106	SH		SOLE		4,106	0	0
CASEYS GEN STORES INC	COM	147528103	264	2,355	SH		SOLE		2,355	0	0
CELGENE CORP	COM	151020104	733	7,024	SH		SOLE		7,024	0	0
CHATHAM LODGING TR	COM	16208T102	654	28,756	SH		SOLE		28,756	0	0
CHEVRON CORP NEW	COM	166764100	695	5,549	SH		SOLE		5,548	0	0
CHUBB LIMITED	COM	H1467J104	832	5,691	SH		SOLE		5,691	0	0
CISCO SYS INC	COM	17275R102	1,042	27,202	SH		SOLE		27,202	0	0
CITY OFFICE REIT INC	COM	178587101	258	19,830	SH		SOLE		19,830	0	0
CLOROX CO DEL	COM	189054109	655	4,401	SH		SOLE		4,401	0	0
COCA COLA CO	COM	191216100	1,179	25,696	SH		SOLE		25,696	0	0
COHEN & STEERS INFRASTRUCTUR	COM	19248A109	248	10,325	SH		SOLE		10,325	0	0
COMMSCOPE HLDG CO INC	COM	20337X109	749	19,806	SH		SOLE		19,806	0	0
COOPER TIRE & RUBR CO	COM	216831107	287	8,108	SH		SOLE		8,108	0	0
CORECIVIC INC	COM	21871N101	224	9,960	SH		SOLE		9,960	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	355	3,200	SH		SOLE		3,200	0	0
CUMMINS INC	COM	231021106	1,064	6,024	SH		SOLE		6,024	0	0
CYRUSONE INC	COM	23283R100	393	6,600	SH		SOLE		6,600	0	0
DANAHER CORP DEL	COM	235851102	701	7,552	SH		SOLE		7,552	0	0
DELPHI TECHNOLOGIES PLC	SHS	G2709G107	461	8,790	SH		SOLE		8,789	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	1,257	8,608	SH		SOLE		8,608	0	0
DOLLAR GEN CORP NEW	COM	256677105	1,117	12,014	SH		SOLE		12,014	0	0
DOUGLAS EMMETT INC	COM	25960P109	205	5,000	SH		SOLE		5,000	0	0
DRIL-QUIP INC	COM	262037104	238	4,985	SH		SOLE		4,985	0	0
DXC TECHNOLOGY CO	COM	23355L106	946	9,967	SH		SOLE		9,967	0	0
EASTGROUP PPTY INC	COM	277276101	309	3,500	SH		SOLE		3,500	0	0
EATON VANCE CORP	COM NON VTG	278265103	307	5,446	SH		SOLE		5,446	0	0
EMPIRE ST RLTY TR INC	CL A	292104106	277	13,500	SH		SOLE		13,500	0	0
ENERGIZER HLDGS INC NEW	COM	29272W109	394	8,208	SH		SOLE		8,208	0	0
ENTERGY CORP NEW	COM	29364G103	203	2,490	SH		SOLE		2,490	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	242	9,110	SH		SOLE		9,110	0	0
EPAM SYS INC	COM	29414B104	274	2,550	SH		SOLE		2,550	0	0
EQUINIX INC	COM PAR $0.001	29444U700	876	1,933	SH		SOLE		1,933	0	0
ESSEX PPTY TR INC	COM	297178105	434	1,800	SH		SOLE		1,800	0	0
EXPEDITORS INTL WASH INC	COM	302130109	212	3,280	SH		SOLE		3,280	0	0
EXXON MOBIL CORP	COM	30231G102	1,095	13,090	SH		SOLE		13,090	0	0
FACEBOOK INC	CL A	30303M102	1,599	9,060	SH		SOLE		9,060	0	0
FASTENAL CO	COM	311900104	775	14,176	SH		SOLE		14,176	0	0
FIDELITY	MSCI FINLS IDX	316092501	549	13,468	SH		SOLE		13,468	0	0
FIDUCIARY CLAYMORE MLP OPP F	COM	31647Q106	843	64,100	SH		SOLE		64,100	0	0
FIRST AMERN FINL CORP	COM	31847R102	529	9,440	SH		SOLE		9,440	0	0
FIRST INDUSTRIAL REALTY TRUS	COM	32054K103	442	14,060	SH		SOLE		14,060	0	0
FRANKLIN RES INC	COM	354613101	396	9,135	SH		SOLE		9,135	0	0
FS INVT CORP	COM	302635107	121	16,516	SH		SOLE		16,516	0	0
GAMCO GLOBAL GOLD NAT RES &	COM SH BEN INT	36465A109	610	117,000	SH		SOLE		117,000	0	0
GATX CORP	COM	361448103	507	8,151	SH		SOLE		8,151	0	0
GENERAL ELECTRIC CO	COM	369604103	176	10,073	SH		SOLE		10,073	0	0
GENERAL MLS INC	COM	370334104	778	13,119	SH		SOLE		13,119	0	0
GENUINE PARTS CO	COM	372460105	253	2,660	SH		SOLE		2,660	0	0
GILEAD SCIENCES INC	COM	375558103	974	13,600	SH		SOLE		13,600	0	0
GLADSTONE INVT CORP	COM	376546107	402	36,006	SH		SOLE		36,006	0	0
GLOBAL NET LEASE INC	COM NEW	379378201	617	29,987	SH		SOLE		29,987	0	0
GLOBAL X FDS	GLBL X MLP ETF	37950E473	1,294	131,240	SH		SOLE		131,240	0	0
GLOBUS MED INC	CL A	379577208	285	6,925	SH		SOLE		6,925	0	0
GOLDMAN SACHS MLP ENERGY REN	COM	38148G107	218	35,500	SH		SOLE		35,500	0	0
GOLDMAN SACHS MLP INC OPP FD	COM SHS	38147W103	273	30,500	SH		SOLE		30,500	0	0
HAEMONETICS CORP	COM	405024100	214	3,680	SH		SOLE		3,680	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	385	9,080	SH		SOLE		9,080	0	0
HASBRO INC	COM	418056107	497	5,465	SH		SOLE		5,465	0	0
HESS CORP	COM	42809H107	217	4,580	SH		SOLE		4,580	0	0
HOME DEPOT INC	COM	437076102	1,180	6,225	SH		SOLE		6,225	0	0
HOST HOTELS & RESORTS INC	COM	44107P104	199	10,016	SH		SOLE		10,016	0	0
HSBC HLDGS PLC	SPON ADR NEW	404280406	205	3,971	SH		SOLE		3,971	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	390	26,805	SH		SOLE		26,805	0	0
ILLINOIS TOOL WKS INC	COM	452308109	1,039	6,226	SH		SOLE		6,226	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	192	19,000	SH		SOLE		19,000	0	0
INGEVITY CORP	COM	45688C107	405	5,748	SH		SOLE		5,748	0	0
INTEL CORP	COM	458140100	1,360	29,453	SH		SOLE		29,453	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	761	4,957	SH		SOLE		4,957	0	0
INVESCO LTD	SHS	G491BT108	276	7,540	SH		SOLE		7,540	0	0
IQVIA HLDGS INC	COM	46266C105	1,287	13,142	SH		SOLE		13,142	0	0
ISHARES GOLD TRUST	ISHARES	464285105	196	15,699	SH		SOLE		15,699	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	320	5,617	SH		SOLE		5,617	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	248	4,140	SH		SOLE		4,140	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	57	680	SH		SOLE		680	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	297	2,812	SH		SOLE		2,812	0	0
ISHARES TR	CONSER ALLOC ETF	464289883	96	2,762	SH		SOLE		2,762	0	0
ISHARES TR	CORE HIGH DV ETF	46429B663	36	396	SH		SOLE		396	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	254	3,845	SH		SOLE		3,845	0	0
ISHARES TR	CORE S&P500 ETF	464287200	261	969	SH		SOLE		969	0	0
ISHARES TR	CORE S&P TTL STK	464287150	58	946	SH		SOLE		946	0	0
ISHARES TR	CORE US AGGBD ET	464287226	2,019	18,463	SH		SOLE		18,463	0	0
ISHARES TR	MIN VOL EAFE ETF	46429B689	19	266	SH		SOLE		266	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	2,925	57,551	SH		SOLE		57,551	0	0
ISHARES TR	INTL DEV RE ETF	464288489	1,856	61,873	SH		SOLE		61,873	0	0
ISHARES TR	GRWT ALLOCAT ETF	464289867	182	4,057	SH		SOLE		4,057	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	545	6,246	SH		SOLE		6,246	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	JPMORGAN USD EMG	464288281	30	261	SH		SOLE		261	0	0
ISHARES TR	MBS ETF	464288588	21	193	SH		SOLE		193	0	0
ISHARES TR	MODERT ALLOC ETF	464289875	160	4,213	SH		SOLE		4,213	0	0
ISHARES TR	MSCI ACWI ETF	464288257	911	12,635	SH		SOLE		12,635	0	0
ISHARES TR	MSCI EAFE ETF	464287465	84	1,198	SH		SOLE		1,198	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	9	200	SH		SOLE		200	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	97	2,676	SH		SOLE		2,676	0	0
ISHARES TR	NASDAQ BIOTECH	464287556	14	132	SH		SOLE		132	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	507	4,580	SH		SOLE		4,580	0	0
ISHARES TR	S&P US PFD STK	464288687	256	6,725	SH		SOLE		6,725	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	369	2,419	SH		SOLE		2,419	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	2	13	SH		SOLE		13	0	0
ISHARES TR	RUS MD CP GR ETF	464287481	7	59	SH		SOLE		59	0	0
ISHARES TR	AGGRES ALLOC ETF	464289859	70	1,290	SH		SOLE		1,290	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	1,352	7,122	SH		SOLE		7,122	0	0
ISHARES TR	SP SMCP600VL ETF	464287879	44	289	SH		SOLE		289	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	909	11,828	SH		SOLE		11,828	0	0
ISHARES TR	SHORT TREAS BD	464288679	88	796	SH		SOLE		796	0	0
ISHARES TR	1 3 YR CR BD ETF	464288646	4,153	39,729	SH		SOLE		39,729	0	0
ISHARES TR	TIPS BD ETF	464287176	629	5,517	SH		SOLE		5,517	0	0
ISHARES TR	U.S. CNSM SV ETF	464287580	95	530	SH		SOLE		530	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	31	380	SH		SOLE		380	0	0
ISHARES TR	U.S. TECH ETF	464287721	24	149	SH		SOLE		149	0	0
ISHARES TR	US TREAS BD ETF	46429B267	4	167	SH		SOLE		167	0	0
ISHARES U S ETF TR	COMMOD SEL STG	46431W853	1	31	SH		SOLE		31	0	0
ISHARES U S ETF TR	SHT MAT BD ETF	46431W507	581	11,598	SH		SOLE		11,598	0	0
JOHNSON & JOHNSON	COM	478160104	1,848	13,223	SH		SOLE		13,223	0	0
KAMAN CORP	COM	483548103	431	7,329	SH		SOLE		7,329	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	962	23,128	SH		SOLE		23,128	0	0
KILROY RLTY CORP	COM	49427F108	284	3,800	SH		SOLE		3,800	0	0
KIMBERLY CLARK CORP	COM	494368103	226	1,870	SH		SOLE		1,870	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	255	13,000	SH		SOLE		13,000	0	0
LADDER CAP CORP	CL A	505743104	370	27,111	SH		SOLE		27,111	0	0
LANDSTAR SYS INC	COM	515098101	616	5,921	SH		SOLE		5,921	0	0
LIBERTY BROADBAND CORP	COM SER C	530307305	338	3,974	SH		SOLE		3,974	0	0
LIBERTY MEDIA CORP DELAWARE	COM C SIRIUSXM	531229607	351	8,850	SH		SOLE		8,850	0	0
LIFE STORAGE INC	COM	53223X107	267	3,000	SH		SOLE		3,000	0	0
LLOYDS BANKING GROUP PLC	SPONSORED ADR	539439109	188	50,111	SH		SOLE		50,111	0	0
M & T BK CORP	COM	55261F104	356	2,080	SH		SOLE		2,080	0	0
MACERICH CO	COM	554382101	289	4,400	SH		SOLE		4,400	0	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	435	6,770	SH		SOLE		6,770	0	0
MARKEL CORP	COM	570535104	408	358	SH		SOLE		358	0	0
MATSON INC	COM	57686G105	216	7,254	SH		SOLE		7,254	0	0
MBIA INC	COM	55262C100	156	21,361	SH		SOLE		21,361	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	833	8,178	SH		SOLE		8,178	0	0
MCDONALDS CORP	COM	580135101	1,193	6,931	SH		SOLE		6,931	0	0
MCKESSON CORP	COM	58155Q103	377	2,415	SH		SOLE		2,415	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	399	28,957	SH		SOLE		28,957	0	0
MEDTRONIC PLC	SHS	G5960L103	796	9,860	SH		SOLE		9,860	0	0
MERCK & CO INC	COM	58933Y105	834	14,814	SH		SOLE		14,814	0	0
MICROSOFT CORP	COM	594918104	1,342	15,691	SH		SOLE		15,691	0	0
MORGAN STANLEY EM MKTS DM DE	COM	617477104	586	76,123	SH		SOLE		76,123	0	0
MSG NETWORK INC	CL A	553573106	309	15,259	SH		SOLE		15,259	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	280	21,490	SH		SOLE		21,490	0	0
NEWMARKET CORP	COM	651587107	599	1,507	SH		SOLE		1,507	0	0
NEXTERA ENERGY INC	COM	65339F101	422	2,700	SH		SOLE		2,700	0	0
NIELSEN HLDGS PLC	SHS EUR	G6518L108	666	18,308	SH		SOLE		18,308	0	0
NISOURCE INC	COM	65473P105	277	10,775	SH		SOLE		10,775	0	0
NORTHERN TR CORP	COM	665859104	210	2,105	SH		SOLE		2,105	0	0
NUVEEN ENERGY MLP TOTL RTRNF	COM	67074U103	206	18,100	SH		SOLE		18,100	0	0
OLIN CORP	COM PAR $1	680665205	231	6,496	SH		SOLE		6,496	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	864	31,374	SH		SOLE		31,374	0	0
OMNICOM GROUP INC	COM	681919106	257	3,530	SH		SOLE		3,530	0	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	442	9,232	SH		SOLE		9,232	0	0
PEPSICO INC	COM	713448108	1,094	9,123	SH		SOLE		9,123	0	0
PFIZER INC	COM	717081103	274	7,558	SH		SOLE		7,558	0	0
PHILIP MORRIS INTL INC	COM	718172109	653	6,183	SH		SOLE		6,183	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	413	4,113	SH		SOLE		4,113	0	0
PIMCO ETF TR	15+ YR US TIPS	72201R304	83	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	898	8,842	SH		SOLE		8,842	0	0
PIONEER NAT RES CO	COM	723787107	203	1,175	SH		SOLE		1,175	0	0
POLARIS INDS INC	COM	731068102	1,082	8,725	SH		SOLE		8,725	0	0
PPL CORP	COM	69351T106	214	6,900	SH		SOLE		6,900	0	0
PRICESMART INC	COM	741511109	381	4,421	SH		SOLE		4,421	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,782	19,390	SH		SOLE		19,390	0	0
PROGRESSIVE CORP OHIO	COM	743315103	623	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	16	588	SH		SOLE		588	0	0
PROSHARES TR	S&P 500 DV ARIST	74348A467	216	3,372	SH		SOLE		3,372	0	0
PROSPECT CAPITAL CORPORATION	COM	74348T102	153	22,710	SH		SOLE		22,710	0	0
PUBLIC STORAGE	COM	74460D109	752	3,597	SH		SOLE		3,597	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	394	4,000	SH		SOLE		4,000	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	602	6,744	SH		SOLE		6,744	0	0
REGENCY CTRS CORP	COM	758849103	242	3,500	SH		SOLE		3,500	0	0
RIVERNORTH OPPRTUNITIES FD I	COM	76881Y109	220	11,013	SH		SOLE		11,013	0	0
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	7	100	SH		SOLE		100	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	199	2,983	SH		SOLE		2,983	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	387	20,622	SH		SOLE		20,622	0	0
SABRE CORP	COM	78573M104	597	29,134	SH		SOLE		29,134	0	0
SCHLUMBERGER LTD	COM	806857108	1,341	19,897	SH		SOLE		19,897	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	1	51	SH		SOLE		51	0	0
SCHWAB STRATEGIC TR	SCHWAB FDT US SC	808524763	482	12,707	SH		SOLE		12,707	0	0
SCHWAB STRATEGIC TR	INTRM TRM TRES	808524854	237	4,437	SH		SOLE		4,437	0	0
SCHWAB STRATEGIC TR	INTL SCEQT ETF	808524888	1	25	SH		SOLE		25	0	0
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	744	14,872	SH		SOLE		14,872	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	724	11,219	SH		SOLE		11,219	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	36	568	SH		SOLE		568	0	0
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	108	2,032	SH		SOLE		2,032	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	217	5,208	SH		SOLE		5,208	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	694	9,956	SH		SOLE		9,956	0	0
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	267	5,128	SH		SOLE		5,128	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	26	514	SH		SOLE		514	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	546	5,537	SH		SOLE		5,537	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	18	220	SH		SOLE		220	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	539	7,118	SH		SOLE		7,118	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	520	8,599	SH		SOLE		8,599	0	0
SERVICE CORP INTL	COM	817565104	275	7,363	SH		SOLE		7,363	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	601	3,500	SH		SOLE		3,500	0	0
SMITH & NEPHEW PLC	SPDN ADR NEW	83175M205	371	10,595	SH		SOLE		10,595	0	0
SONOCO PRODS CO	COM	835495102	247	4,640	SH		SOLE		4,640	0	0
SOUTHERN CO	COM	842587107	841	17,485	SH		SOLE		17,485	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,569	5,878	SH		SOLE		5,878	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	733	26,597	SH		SOLE		26,597	0	0
SPDR SER TR	NUVEEN BLMBRG SR	78468R739	493	10,300	SH		SOLE		10,300	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	20	686	SH		SOLE		686	0	0
SPDR SERIES TRUST	PORTFOLIO LN TSR	78464A664	301	8,225	SH		SOLE		8,225	0	0
SPDR SERIES TRUST	PORTFOLIO SHORT	78464A474	127	4,172	SH		SOLE		4,172	0	0
SPDR SERIES TRUST	S&P 600 SML CAP	78464A813	55	415	SH		SOLE		415	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	63	672	SH		SOLE		672	0	0
SPDR SERIES TRUST	S&P PHARMAC	78464A722	33	752	SH		SOLE		752	0	0
STAG INDL INC	COM	85254J102	525	19,207	SH		SOLE		19,207	0	0
STARWOOD PPTY TR INC	COM	85571B105	540	25,310	SH		SOLE		25,310	0	0
STURM RUGER & CO INC	COM	864159108	291	5,202	SH		SOLE		5,202	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	287	33,021	SH		SOLE		33,021	0	0
SUN CMNTYS INC	COM	866674104	732	7,890	SH		SOLE		7,890	0	0
SUNTRUST BKS INC	COM	867914103	473	7,320	SH		SOLE		7,320	0	0
SYNCHRONY FINL	COM	87165B103	934	24,190	SH		SOLE		24,190	0	0
SYSCO CORP	COM	871829107	418	6,890	SH		SOLE		6,890	0	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	1,072	40,430	SH		SOLE		40,430	0	0
TEMPLETON EMERG MKTS INCOME	COM	880192109	369	33,000	SH		SOLE		33,000	0	0
TEMPUR SEALY INTL INC	COM	88023U101	256	4,086	SH		SOLE		4,086	0	0
TEXAS INSTRS INC	COM	882508104	990	9,479	SH		SOLE		9,479	0	0
TRAVELERS COMPANIES INC	COM	89417E109	225	1,656	SH		SOLE		1,656	0	0
UBIQUITI NETWORKS INC	COM	90347A100	327	4,605	SH		SOLE		4,605	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	883	6,921	SH		SOLE		6,921	0	0
URBAN EDGE PPTYS	COM	91704F104	204	8,000	SH		SOLE		8,000	0	0
V F CORP	COM	918204108	1,087	14,684	SH		SOLE		14,684	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	65	823	SH		SOLE		823	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	654	8,021	SH		SOLE		8,021	0	0
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	35	310	SH		SOLE		310	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	60	425	SH		SOLE		425	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	129	1,054	SH		SOLE		1,054	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	76	494	SH		SOLE		494	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	9	84	SH		SOLE		84	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	2,328	28,058	SH		SOLE		28,058	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	2,766	11,275	SH		SOLE		11,275	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	92	620	SH		SOLE		620	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	154	1,160	SH		SOLE		1,160	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	14,335	104,443	SH		SOLE		104,443	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	29	272	SH		SOLE		272	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	2,241	40,952	SH		SOLE		40,952	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	1,465	31,912	SH		SOLE		31,912	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	54	905	SH		SOLE		905	0	0
VANGUARD INTL EQUITY INDEX F	GLB EX US ETF	922042676	8	132	SH		SOLE		132	0	0
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	557	7,498	SH		SOLE		7,498	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,458	16,683	SH		SOLE		16,683	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	230	2,900	SH		SOLE		2,900	0	0
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	1,603	15,708	SH		SOLE		15,708	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	1,895	42,239	SH		SOLE		42,239	0	0
VEREIT INC	COM	92339V100	1,026	131,687	SH		SOLE		131,687	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	999	18,867	SH		SOLE		18,867	0	0
VERSUM MATLS INC	COM	92532W103	326	8,614	SH		SOLE		8,614	0	0
VISA INC	COM CL A	92826C839	1,843	16,165	SH		SOLE		16,165	0	0
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857W308	903	28,307	SH		SOLE		28,307	0	0
VORNADO RLTY TR	SH BEN INT	929042109	289	3,700	SH		SOLE		3,700	0	0
W P CAREY INC	COM	92936U109	1,702	24,709	SH		SOLE		24,709	0	0
WAL-MART STORES INC	COM	931142103	1,236	12,514	SH		SOLE		12,514	0	0
WEINGARTEN RLTY INVS	SH BEN INT	948741103	230	7,000	SH		SOLE		7,000	0	0
WELLS FARGO CO NEW	COM	949746101	6,688	110,228	SH		SOLE		110,227	0	0
WELLTOWER INC	COM	95040Q104	334	5,232	SH		SOLE		5,232	0	0
WESTERN ASSET HIGH INCM OPP	COM	95766K109	421	83,000	SH		SOLE		83,000	0	0
WESTERN UN CO	COM	959802109	229	12,070	SH		SOLE		12,070	0	0
WHITE MTNS INS GROUP LTD	COM	G9618E107	333	391	SH		SOLE		391	0	0
WILLIAMS SONOMA INC	COM	969904101	841	16,271	SH		SOLE		16,271	0	0
WOODWARD INC	COM	980745103	214	2,800	SH		SOLE		2,800	0	0
XCEL ENERGY INC	COM	98389B100	226	4,704	SH		SOLE		4,704	0	0
XILINX INC	COM	983919101	925	13,713	SH		SOLE		13,713	0	0
XPO LOGISTICS INC	COM	983793100	1,488	16,245	SH		SOLE		16,245	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	267	2,210	SH		SOLE		2,210	0	0