UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2006
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:

Name:    Genworth Financial, Inc.
Address: 6620 West Broad Street
         Richmond, Virginia 23230	

Form 13F File Number: 28-11523
The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Patricia Merrill
Title: Senior Counsel
Phone: (804) 662-2711
Signature, Place, and Date of Signing:

  /s/ Patricia Merrill            Richmond, VA             February 6, 2007
--------------------------  --------------------------  -----------------------
      [Signature]                [City, State]                  [Date]	

Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager: NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 579 lines
Form 13F Information Table Value Total: 2,383,408

(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
No. Form 13F File Number Name

--- -------------------- -----------------------------------------------------
01  28-11546             Genworth Financial Asset Management, Inc. (Formerly
                         known as GE Private Asset Management, Inc.)	

                          FORM 13F INFORMATION TABLE	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                 VOTING AUTHORITY
                                                                                                -------------------
                            TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
3M Company                     COM      88579Y101  12,129  155,634 SH          Sole       01    155,634
40/86 Strategic Income
  Fund                     SH BEN INT   349739102   2,239  228,254 SH          Sole       01    228,254
ABB Ltd ADR               SPONSORED ADR 000375204  15,820  879,885 SH          Sole       01    879,885
Abbott Laboratories            COM      002824100       7      150 SH          Sole       01        150
Abraxis Bioscience Inc         COM      00383E106     438   16,006 SH          Sole       01     16,006
Accredited Home Lenders
  Hold Co                      COM      00437P107     124    4,533 SH          Sole       01      4,533
Ace Ltd Ord Shs                COM      G0070K103       1       16 SH          Sole       01         16
Advanced Micro Device          ADR      007903107       1       51 SH          Sole       01         51
Advantage Energy Inc Fd
  Tr Unit                    TR UNIT    00762L101      52    4,895 SH          Sole       01      4,895
Aeropostale Inc.               COM      007865108   1,185   38,387 SH          Sole       01     38,387
AES Corporation                COM      00130H105  15,102  685,196 SH          Sole       01    685,196
Affiliated Computer Svcs
  Inc Cl A                    CL A      008190100   5,072  103,844 SH          Sole       01    103,844
Affiliated Managers Group      COM      008252108   8,143   77,452 SH          Sole       01     77,452
Aflac Inc                      COM      001055102  31,672  688,523 SH          Sole       01    688,523
AGCO Corporation               ADR      001084102       2       66 SH          Sole       01         66
Agilent Technologies           COM      00846U101       2       55 SH          Sole       01         55
AGL Resources Inc              COM      001204106   1,547   39,749 SH          Sole       01     39,749
Air Products & Chemicals       COM      009158106       3       46 SH          Sole       01         46
Airgas Inc.                    COM      009363102   2,473   61,025 SH          Sole       01     61,025
Akzo Nobel NV             SPONSORED ADR 010199305   5,184   85,163 SH          Sole       01     85,163
Alcan Aluminium Ltd            ADR      013716105       0        8 SH          Sole       01          8
Alcatel- Lucent           SPONSORED ADR 013904305     796   55,991 SH          Sole       01     55,991
Allergan Inc                   COM      018490102   2,081   17,382 SH          Sole       01     17,382
Allianz SE                     ADR      018805101       1       54 SH          Sole       01         54
Alltel Corporation             COM      020039103       4       64 SH          Sole       01         64
Altera Corp                  ADR NEW    021441100       1       43 SH          Sole       01         43
Altria Group Inc               COM      02209S103  16,001  186,454 SH          Sole       01    186,454
AMB Property Corp.             COM      00163T109      81    1,386 SH          Sole       01      1,386
AMBAC Financial Group          COM      023139108   8,857   99,434 SH          Sole       01     99,434
American Axle &
  Manufacturing                COM      024061103   4,749  250,080 SH          Sole       01    250,080
American Capital
  Strategies Ltd               COM      024937104  14,401  311,316 SH          Sole       01    311,316
American Coml Lines Inc        COM      025195207   3,371   51,461 SH          Sole       01     51,461
American Eagle Outfitters      COM      02553E106       1       33 SH          Sole       01         33
American Electric Power        COM      025537101      73    1,724 SH          Sole       01      1,724	

 COLUMN 1                    COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                  VOTING AUTHORITY
                                                                                                 -------------------
                             TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
American Equity Inv Life
  Holding Co                   COM       025676206     164   12,597 SH          Sole       01     12,597
American Express Co            COM       025816109  13,332  219,741 SH          Sole       01    219,741
American International
  Group Inc                    COM       026874107  36,431  508,391 SH          Sole       01    508,391
American National INs          COM       028591105     126    1,104 SH          Sole       01      1,104
Ameriprise Financial Inc       COM       03076C106  14,775  271,106 SH          Sole       01    271,106
Amgen Inc                      COM       031162100   8,762  128,262 SH          Sole       01    128,262
Analog Devices Inc        CA INSD MUN TR 032654105       1       22 SH          Sole       01         22
AngloGold Ashanti ADR     SPONSORED ADR  035128206   3,813   80,974 SH          Sole       01     80,974
Anheuser- Busch Co             COM       035229103  13,684  278,132 SH          Sole       01    278,132
Ansys, Inc                     COM       03662Q105   1,158   26,616 SH          Sole       01     26,616
Aon Corporation                COM       037389103       9      261 SH          Sole       01        261
Apollo Group Inc               CL A      037604105       2       58 SH          Sole       01         58
Apple Computers                COM       037833100   2,003   23,611 SH          Sole       01     23,611
Applied Materials         CAROLNA GP STK 038222105       1       47 SH          Sole       01         47
Aquila, Inc.                   COM       03840P102   1,000  212,789 SH          Sole       01    212,789
Arch Capital Group Ltd
  Shares                       ORD       G0450A105       2       30 SH          Sole       01         30
Archstone- Smith Trust         COM       039583109  11,426  196,297 SH          Sole       01    196,297
Armor Holdings Inc             COM       042260109     134    2,449 SH          Sole       01      2,449
Armstrong World
  Industries Inc.              Com       04247X102   3,199   75,474 SH          Sole              75,474
ASA Limited                    COM       G3156P103   1,049   16,247 SH          Sole       01     16,247
Asia Pacific Fund Closed       COM       044901106   7,497  328,827 SH          Sole       01    328,827
ASM Lithography Holding       Y SHS      N07059111  10,744  436,200 SH          Sole       01    436,200
AstraZeneca PLC           SPONSORED ADR  046353108     108    2,012 SH          Sole       01      2,012
AT & T Inc new                 COM       00206R102      96    2,679 SH          Sole       01      2,679
Autoliv Inc.                   COM       052800109     110    1,824 SH          Sole       01      1,824
AvalonBay Communities,
  Inc.                         COM       053484101  12,146   93,396 SH          Sole       01     93,396
Avery Dennison Corp            COM       053611109       3       45 SH          Sole       01         45
Avis Budget Group              COM       053774105       1       36 SH          Sole       01         36
AXA UAP Spons ADR         SPONSORED ADR  054536107  11,807  292,752 SH          Sole       01    292,752
Banco Bradesco ADR             NEW       059460303   1,569   38,879 SH          Sole       01     38,879
Bancroft Fund Ltd              COM       059695106   1,356   69,540 SH          Sole       01     69,540
Bank of America Corp           COM       060505104   1,648   30,858 SH          Sole       01     30,858
Bausch & Lomb Inc              COM       071707103   5,004   96,119 SH          Sole       01     96,119
Baxter International Inc.      COM       071813109  19,239  414,728 SH          Sole       01    414,728
Beazer Homes USA, Inc.         COM       07556Q105      94    1,993 SH          Sole       01      1,993
Beckman Coulter Inc            COM       075811109   4,428   74,050 SH          Sole       01     74,050
Becton Dickinson &Co           COM       075887109     943   13,440 SH          Sole       01     13,440
Bed Bath & Beyond              COM       075896100       1       18 SH          Sole       01         18
BellSouth Corp                 COM       079860102       2       51 SH          Sole       01         51
Best Buy Company Inc           COM       086516101       2       35 SH          Sole       01         35	

 COLUMN 1                    COLUMN 2    COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
                                                                                                     VOTING AUTHORITY
                                                                                                   ---------------------
                             TITLE OF               VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                CLASS       CUSIP    (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
--------------            -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
BHP Billiton Limited           CL A      088606108       1         26 SH          Sole       01           26
Biogen Idec                    COM       09062X103       6        130 SH          Sole       01          130
Black Hills Corp               COM       092113109       2         45 SH          Sole       01           45
Blackrock Fl Ins Muni
  Inc Tr                       COM       09250G102      77      5,618 SH          Sole       01        5,618
Blackrock Florida Mu ni
  2020 Term Trust            COM SHS     09250M109      78      5,627 SH          Sole       01        5,627
Blackrock Muni NY
  Intermed Dur Fund            DDED      09255F109     955     69,711 SH          Sole       01       69,711
Blackrock Muniyld CA
  Fund Inc                     DDED      09254M105   1,129     80,906 SH          Sole       01       80,906
BLACKROCK NY MUN INCOME
  TR SH BEN IT                 INT       09248L106      23      1,270 SH          Sole       01        1,270
Blackrock NY Muni In
  come Trust II                COM       09249R102   1,014     68,436 SH          Sole       01       68,436
Blount International Inc       COM       095180105   2,938    218,284 SH          Sole       01      218,284
Boston Properties, Inc.        COM       101121101  13,423    119,975 SH          Sole       01      119,975
BP PLC                         CL A      055622104       1         11 SH          Sole       01           11
Brandywine Realty Trust   SH BEN INT NEW 105368203     140      4,218 SH          Sole       01        4,218
Brasil Distr Pao Acu SP
  ADR                          COM       20440T201       1         29 SH          Sole       01           29
Briggs & Stratton Corp         COM       109043109   4,570    169,578 SH          Sole       01      169,578
Bristol Myers- Squibb          COM       110122108       6        219 SH          Sole       01          219
British American Tobacco  SPONSORED ADR  110448107  11,902    210,059 SH          Sole       01      210,059
Broadcom Corp Cl A             CL A      111320107   1,389     42,996 SH          Sole       01       42,996
Bronco Drilling Co             COM       112211107       3        163 SH          Sole       01          163
Brookfield PPTYS               COM       112900105     390      9,905 SH          Sole       01        9,905
Build-A-Bear Workshop
  Inc.                         COM       120076104      81      2,889 SH          Sole       01        2,889
C H Robinson Wldwide Inc
  Com                          COM       12541W209   4,366    106,785 SH          Sole       01      106,785
Cadence Design Sys             COM       127387108   4,294    239,777 SH          Sole       01      239,777
Camden Property Trust       SH BEN INT   133131102   1,681     22,763 SH          Sole       01       22,763
Canadian Pacific Railway       COM       13645T100  11,684    221,457 SH          Sole       01      221,457
Canon Inc ADR                  ADR       138006309  13,941    246,354 SH          Sole       01      246,354
Castle Convertible Fund        COM       148443104     839     33,307 SH          Sole       01       33,307
CDW Corporation                COM       12512N105     979     13,923 SH          Sole       01       13,923
Cemex S.A.B De C.V.            ORD       151290889       3        102 SH          Sole       01          102
Centene Corp Del               COM       15135B101     141      5,744 SH          Sole       01        5,744
CenterPoint Energy             CL A      15189T107       1         63 SH          Sole       01           63
Century Aluminum Co            COM       156431108     143      3,196 SH          Sole       01        3,196
Centurytel Inc                 COM       156700106       5        109 SH          Sole       01          109
CGI Group Inc              CL A SUB VTG  39945C109  12,267  1,762,443 SH          Sole       01    1,762,443
Check Point Software Tech      COM       M22465104       0         17 SH          Sole       01           17
Chesapeake Energy
  Corporation                  CL A      165167107       2         84 SH          Sole       01           84
Chicago Mercantile
  Exchange Holdings            CL A      167760107   2,318      4,547 SH          Sole       01        4,547
Chico's FAS Inc                COM       168615102     884     42,742 SH          Sole       01       42,742
China Fund Inc                 COM       169373107   1,449     42,384 SH          Sole       01       42,384
China Life Insurance Co
  Ltd ADR                 SPON ADR REP H 16939P106  17,756    351,536 SH          Sole       01      351,536	

 COLUMN 1                    COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                  VOTING AUTHORITY
                                                                                                 -------------------
                             TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
China Petroleum and
  Chemical Corp           SPON ADR H SHS 16941R108   7,528   81,263 SH          Sole       01     81,263
China Telecom Corp ADR H
  Shares                   CL A SUB VTG  169426103       1       18 SH          Sole       01         18
Chung HWA Telecom Co Ltd       CL B      17133Q205       1       31 SH          Sole       01         31
CIGNA Corporation              COM       125509109  12,641   96,079 SH          Sole       01     96,079
Cisco Systems Inc              COM       17275R102       5      179 SH          Sole       01        179
CIT Group Inc.                 COM       125581108  10,930  195,987 SH          Sole       01    195,987
Citigroup Inc                  COM       172967101  13,229  237,507 SH          Sole       01    237,507
Clear Channel
  Communications               CL B      184502102       1       22 SH          Sole       01         22
Cleveland-Cliffs Inc.          COM       185896107     127    2,612 SH          Sole       01      2,612
CMS Energy Corp                COM       125896100   1,298   77,723 SH          Sole       01     77,723
CNOOC Limited             SPONSORED ADR  126132109   6,555   69,267 SH          Sole       01     69,267
Coca Cola Femsa ADR          CL B NEW    191241108       1       28 SH          Sole       01         28
Coca-Cola Company              COM       191216100   7,131  147,796 SH          Sole       01    147,796
Cohen & Steers Sel
  Utility Fund                 COM       19248A109   1,637   66,853 SH          Sole       01     66,853
Coldwater Creek Inc            COM       193068103   1,743   71,090 SH          Sole       01     71,090
Colonial BancGroup Inc         COM       195493309   4,567  177,431 SH          Sole       01    177,431
Comcast Corp Class A           CL A      20030N101  26,003  614,291 SH          Sole       01    614,291
Commscope Inc                  COM       203372107       8      274 SH          Sole       01        274
Compania Cervecerias
  Unidas ADR              SPONSORED ADR  204429104   6,344  213,615 SH          Sole       01    213,615
Compania de Minas
  Buenaventu ADR B Shs    SPONSORED ADR  204448104   5,009  178,514 SH          Sole       01    178,514
CompuCredit Corp.              COM       20478N100     173    4,343 SH          Sole       01      4,343
Computer Sciences              COM       205363104       7      130 SH          Sole       01        130
Comtech Telecom Corp         COM NEW     205826209   7,773  204,183 SH          Sole       01    204,183
ConAgra Inc.                   COM       205887102  14,763  546,763 SH          Sole       01    546,763
Connetics Corp.                COM       208192104       4      249 SH          Sole       01        249
ConocoPhillips                 COM       20825C104       7      104 SH          Sole       01        104
Constellation Energy           COM       210371100     326    4,738 SH          Sole       01      4,738
Cooper Cameron Corp
  Convt Bond                Convt Bond   216640AE2       6    4,000 SH          Sole       01      4,000
Cooper Companies               NEW       216648402   3,605   81,018 SH          Sole       01     81,018
Costco Wholesale Corp New      COM       22160K105       1       13 SH          Sole       01         13
Covanta Holdings Corp          COM       22282E102   3,838  174,118 SH          Sole       01    174,118
Coventry Health Care Inc.      COM       222862104   4,477   89,452 SH          Sole       01     89,452
CSS Industries Inc.            COM       125906107   2,817   79,649 SH          Sole       01     79,649
CVS Corporation                COM       126650100  10,784  348,874 SH          Sole       01    348,874
CYTYC Corp                     Com       232946103     262    9,262 SH          Sole               9,262
Danaher Corporation            COM       235851102  19,259  265,860 SH          Sole       01    265,860
Deere & Company                COM       244199105       7       73 SH          Sole       01         73
Deluxe Corporation             COM       248019101  10,926  433,574 SH          Sole       01    433,574
Dentsply Intl Inc              COM       249030107   9,005  301,662 SH          Sole       01    301,662
Deutsche Bank AG               ORD       D18190898   6,779   50,878 SH          Sole       01     50,878	

 COLUMN 1                    COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                  VOTING AUTHORITY
                                                                                                 -------------------
                             TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Deutsche Telekom AG            COM       251566105       0       24 SH          Sole       01         24
Developers Div Rlty            COM       251591103   1,107   17,582 SH          Sole       01     17,582
Devon Energy Corp              COM       25179M103   8,011  119,431 SH          Sole       01    119,431
Diageo PLC spon ADR (New)      NEW       25243Q205      53      670 SH          Sole       01        670
Diamond Offshore Drilling      COM       25271C102  12,877  161,089 SH          Sole       01    161,089
Diamond Offshore
  Drilling Inc Conv            Conv      25271CAE2       7    4,000 SH          Sole       01      4,000
Dillard's Inc.                 CL A      254067101       1       30 SH          Sole       01         30
Disney, Inc.                COM DISNEY   254687106  23,319  680,455 SH          Sole       01    680,455
Dominion Resources             COM       25746U109   1,642   19,587 SH          Sole       01     19,587
Doral Financial
  Corporation                  COM       25811P100      50   17,552 SH          Sole       01     17,552
Dow Chemical Company           COM       260543103   4,341  108,800 SH          Sole       01    108,800
DPL Inc                        COM       233293109   1,366   49,185 SH          Sole       01     49,185
Dr. Reddy's Labs Ltd           ADR       256135203   1,409   77,397 SH          Sole       01     77,397
Duke Energy Corp New           COM       26441C105   2,546   76,653 SH          Sole       01     76,653
Dun & Bradstreet Corp          COM       26483E100       1       13 SH          Sole       01         13
Dupont De Nemours              COM       263534109  16,070  329,920 SH          Sole       01    329,920
DWS Global High Inc Fund
  Inc                       COM ADDED    23338W104   3,953  446,673 SH          Sole       01    446,673
E*Trade Group Inc              COM       269246104       7      332 SH          Sole       01        332
E.ON AG                   SPONSORED ADR  268780103   1,607   35,552 SH          Sole       01     35,552
East West Bankcorp Inc         COM       27579R104   1,017   28,720 SH          Sole       01     28,720
Eastman Chemical Co            COM       277432100   1,651   27,829 SH          Sole       01     27,829
Eastman Kodak Co               COM       277461109       3      110 SH          Sole       01        110
Eaton Corporation              COM       278058102   6,805   90,567 SH          Sole       01     90,567
Eaton Vance FL Muni Inc
  Tr                        SH BEN INT   27826B100      78    5,472 SH          Sole       01      5,472
eBay Inc                       COM       278642103   8,872  295,041 SH          Sole       01    295,041
Edison International           COM       281020107   1,480   32,544 SH          Sole       01     32,544
EDP Energias de Portugal
  SASA                    SPONSORED ADR  268353109     380    7,505 SH          Sole       01      7,505
Embraer- Empresa
  Brasileir               SP ADR PFD SHS 29081M102   6,663  160,828 SH          Sole       01    160,828
EMC Corporation                COM       268648102       6      434 SH          Sole       01        434
Emergency Medical
  Services LP                  CL A      29100P102      95    4,531 SH          Sole       01      4,531
Emerson Electric Co            COM       291011104      18      400 SH          Sole       01        400
EnCana Corporation             COM       292505104       1       23 SH          Sole       01         23
Endo Pharmaceuticals
  Holdings Inc                 COM       29264F205   6,759  245,053 SH          Sole       01    245,053
Enel Sociata Per Azioni        ADR       29265W108     716   13,870 SH          Sole       01     13,870
ENI S.p.A.                SPONSORED ADR  26874R108      65      962 SH          Sole       01        962
Entergy Corporation            COM       29364G103  12,827  138,936 SH          Sole       01    138,936
Equifax Incorporated           COM       294429105  18,076  445,232 SH          Sole       01    445,232
Equity Residential
  Property Trust            SH BEN INT   29476L107  11,709  230,719 SH          Sole       01    230,719
Euronet Worldwide, Inc.        COM       298736109   7,891  265,773 SH          Sole       01    265,773
Everest Re Group Ltd           COM       G3223R108       1       15 SH          Sole       01         15	

 COLUMN 1                    COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                  VOTING AUTHORITY
                                                                                                 -------------------
                             TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            -------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Exelon Corporation             COM       30161N101   9,915  160,198 SH          Sole       01    160,198
Expeditors Int'l of
  Washington, Inc.             COM       302130109   1,292   31,913 SH          Sole       01     31,913
Express Jet Holdings Inc.      CL A      30218U108   2,803  346,100 SH          Sole       01    346,100
Express Scripts Inc            COM       302182100   8,337  116,434 SH          Sole       01    116,434
Exxon Mobil Corp               COM       30231G102  25,287  329,984 SH          Sole       01    329,984
FactSet Research Systems       COM       303075105   1,696   30,032 SH          Sole       01     30,032
Family Dollar Stores,
  Inc.                         COM       307000109   1,943   66,239 SH          Sole       01     66,239
Fastenal Company               COM       311900104   1,091   30,397 SH          Sole       01     30,397
Federal Home Ln Mtg Corp       COM       313400301       1       15 SH          Sole       01         15
Federal National
  Mortgage Association         COM       313586109       5       80 SH          Sole       01         80
Federal Realty
  Investment Trust        SH BEN INT NEW 313747206     129    1,523 SH          Sole       01      1,523
FedEx Corporation              COM       31428X106       4       40 SH          Sole       01         40
Fidelity National
  Financial Inc.               CL A      31620R105   7,738  324,041 SH          Sole       01    324,041
Fidelity National Info
  Services                     COM       31620M106   1,185   29,554 SH          Sole       01     29,554
First American Corp            COM       318522307   4,823  118,551 SH          Sole       01    118,551
First Data Corp                COM       319963104   7,336  287,464 SH          Sole       01    287,464
FirstEnergy Corp               COM       337932107     659   10,927 SH          Sole       01     10,927
Fiserv Inc                     COM       337738108  11,591  221,124 SH          Sole       01    221,124
Ford Motor Company             COM       345370860     557   74,198 SH          Sole       01     74,198
Fortune Brands Inc             COM       349631101       1        9 SH          Sole       01          9
FPL Group Inc                  COM       302571104   1,592   29,252 SH          Sole       01     29,252
Freeport McMoran
  Copper & Gold Stk B          CL B      35671D857  12,024  215,748 SH          Sole       01    215,748
Fremont General Corp           COM       357288109   4,084  251,948 SH          Sole       01    251,948
Gannett Company Inc            COM       364730101       2       30 SH          Sole       01         30
Genentech Inc                COM NEW     368710406   2,572   31,700 SH          Sole       01     31,700
General Electric Co.           COM       369604103   8,910  239,461 SH          Sole       01    239,461
General Growth
  Properties Inc.              COM       370021107   8,723  167,017 SH          Sole       01    167,017
General Motors Corp            COM       370442105   1,453   47,310 SH          Sole       01     47,310
Genlyte Group Inc.             COM       372302109     926   11,854 SH          Sole       01     11,854
Genzyme Corp                   COM       372917104   1,845   29,964 SH          Sole       01     29,964
Gilead Sciences Inc            COM       375558103  10,394  160,084 SH          Sole       01    160,084
Google Inc Class A             CL A      38259P508   3,931    8,537 SH          Sole       01      8,537
Grant Prideco, Inc             COM       38821G101   6,444  162,035 SH          Sole       01    162,035
Greater China Fund
  Closed End                   COM       39167B102  11,455  363,880 SH          Sole       01    363,880
Grupo Televisa SA DE CV
  ADR                      ADR REP ORD   40049J206   1,359   50,319 SH          Sole       01     50,319
H&R Block Inc                  COM        93671105       2       98 SH          Sole       01         98
Halliburton Company            COM       406216101   5,487  176,711 SH          Sole       01    176,711
Harley Davidson Inc            COM       412822108   3,539   50,222 SH          Sole       01     50,222
Harman Intl Indust             COM       413086109       1        6 SH          Sole       01          6
Hartford Financial
  Services Group               COM       416515104       1       10 SH          Sole       01         10	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                 VOTING AUTHORITY
                                                                                                -------------------
                            TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Harvest Energy Trust         TR UNIT    41752X101      53    2,342 SH          Sole       01      2,342
Healthcare Realty Trust
  Inc                          COM      421946104     139    3,504 SH          Sole       01      3,504
Helen of Troy Limited          COM      G4388N106     120    4,954 SH          Sole       01      4,954
Hercules Offshore Inc          COM      427093109      46    1,593 SH          Sole       01      1,593
Hewlett- Packard Co            COM      428236103       1       17 SH          Sole       01         17
Highwoods Properties Inc.      COM      431284108     148    3,639 SH          Sole       01      3,639
Hilb, Rogal & Hamilton Co      COM      431294107     116    2,759 SH          Sole       01      2,759
Hillenbrand Industries         COM      431573104       4       65 SH          Sole       01         65
Hilton Hotel Corp              COM      432848109   8,508  243,770 SH          Sole       01    243,770
Hitachi Ltd                    COM      433578507      41      658 SH          Sole       01        658
HOLDRs Pharmaceuticals         COM      71712A206       7       91 SH          Sole       01         91
Home Depot Inc                 COM      437076102   6,051  150,660 SH          Sole       01    150,660
Honda Motor Co Ltd             COM      438128308       1       19 SH          Sole       01         19
Host Hotels & Resort Inc       COM      44107P104  11,194  455,964 SH          Sole       01    455,964
Huntington Bancshares          COM      446150104       3      144 SH          Sole       01        144
Hutchinson Technology          COM      448407106   5,075  215,330 SH          Sole       01    215,330
IBM                            COM      459200101  18,931  194,867 SH          Sole       01    194,867
ICICI Bank LTD            SPONSORED ADR 45104G104   1,279   30,635 SH          Sole       01     30,635
IDEARC INC                    DDED      451663108       0        2 SH          Sole       01          2
IDEARC Inc.                    Com      451663108       1       41 SH          Sole                  41
Illinois Tool Works            COM      452308109   5,837  126,365 SH          Sole       01    126,365
Imperial Tobacco Group
  PLC                     SPONSORED ADR 453142101     138    1,745 SH          Sole       01      1,745
IMS Health Inc                 COM      449934108       1       30 SH          Sole       01         30
IndyMac Bancorp Inc            COM      456607100   9,115  201,833 SH          Sole       01    201,833
ING Clarion Global Real
  Estate Inc Fund              COM      44982G104   3,779  153,112 SH          Sole       01    153,112
ING Groep N.V.            SPONSORED ADR 456837103  16,182  366,355 SH          Sole       01    366,355
Insured Muni Income Fund       COM      45809F104   3,623  272,387 SH          Sole       01    272,387
Integrated Device
  Technology                   COM      458118106       2       98 SH          Sole       01         98
Intel Corp                     COM      458140100       1       65 SH          Sole       01         65
Intercontinental Exchange      COM      45865V100   1,694   15,696 SH          Sole       01     15,696
International Power PLC   SPONSORED ADR 46018M104     778   10,265 SH          Sole       01     10,265
Int'l Flavors and
  Fragrances                   COM      459506101  10,504  213,667 SH          Sole       01    213,667
Intuitive Surgical Inc         COM      46120E602     669    6,978 SH          Sole       01      6,978
Invest Gr Muni                 COM      461368102   3,607  262,351 SH          Sole       01    262,351
Iron Mountain Inc              COM      462846106     731   17,678 SH          Sole       01     17,678
IShares Cohen & Streers
  Realty                      RLTY      464287564      69      692 SH          Sole       01        692
IShares Dow Jones Select
  Dividend Indx                COM      464287168   1,009   14,267 SH          Sole       01     14,267
IShares Dow Jones US
  Utils Sector Index           COM      464287697      36      404 SH          Sole       01        404
IShares Emerging Market
  Index Fund Ishares           MKT      464287234     275    2,407 SH          Sole       01      2,407
IShares Midcap Growth         CP GR     464287481     547    5,306 SH          Sole       01      5,306	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                 VOTING AUTHORITY
                                                                                                -------------------
                            TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
IShares Midcap Value           COM      464287473     334    2,284 SH          Sole       01      2,284
IShares Russell 2000
  Index                        COM      464287655   1,115   14,293 SH          Sole       01     14,293
IShares Russell 2000
  Value Index                  COM      464287630     311    3,889 SH          Sole       01      3,889
IShares S&P 500 Barra
  Growth Index               TR UNIT    464287309   4,685   72,161 SH          Sole       01     72,161
IShares S&P 500 Barra
  Value Index                  COM      464287408   2,757   35,862 SH          Sole       01     35,862
IShares Silver Trust           COM      46428Q109   1,027    7,987 SH          Sole       01      7,987
IShares Tr Lehman 1-3
  Year Treasury Bd            S BD      464287457     149    1,860 SH          Sole       01      1,860
IShares TR MSCI EAFE
  Index Fund                 TR UNIT    464287465   2,534   34,602 SH          Sole       01     34,602
J2 Global Communications       COM      46626E205      76    2,775 SH          Sole       01      2,775
Jabil Circuit Inc              COM      466313103     982   39,992 SH          Sole       01     39,992
Jakks Pacific Inc              COM      47012E106   4,151  190,071 SH          Sole       01    190,071
JF China Region Fund
  Closed end                   COM      46614T107   7,387  323,998 SH          Sole       01    323,998
John Han PFD Inc FD            INT      41013W108       2       79 SH          Sole       01         79
Johnson & Johnson              COM      478160104  11,738  177,790 SH          Sole       01    177,790
Johnson Controls Inc           COM      478366107       1       11 SH          Sole       01         11
Jones Lang Lasalle Inc         COM      48020Q107   3,766   40,860 SH          Sole       01     40,860
JP Morgan Chase & Co           COM      46625H100  20,951  433,775 SH          Sole       01    433,775
Kilroy Realty Corp.            COM      49427F108      98    1,250 SH          Sole       01      1,250
Kimberly-Clark Corp            COM      494368103       5       76 SH          Sole       01         76
Kimco Realty Corp.             COM      49446R109       0        7 SH          Sole       01          7
King Pharmaceuticals           COM      495582108       5      283 SH          Sole       01        283
KLA-Tencor Corp                COM      482480100       1       17 SH          Sole       01         17
Knight Transportation          COM      499064103   1,388   81,436 SH          Sole       01     81,436
Kohl's Corporation             COM      500255104  14,780  215,986 SH          Sole       01    215,986
Komag Inc                    COM NEW    500453204     127    3,362 SH          Sole       01      3,362
Koninklijke Philips
  Electronics                  NEW      500472303   4,108  109,311 SH          Sole       01    109,311
Kookmin Bank ADR          SPONSORED ADR 50049M109  14,726  182,608 SH          Sole       01    182,608
Korea Equity Fund Closed
  End                          COM      50063B104   6,387  558,315 SH          Sole       01    558,315
Korea Fund Closed End          COM      500634100   5,210  152,460 SH          Sole       01    152,460
Kraft Foods Inc.              CL A      50075N104      78    2,182 SH          Sole       01      2,182
L-3 Communications
  Holdings Inc                 COM      502424104   6,012   73,514 SH          Sole       01     73,514
Laboratory Corp of
  America                    COM NEW    50540R409   7,169   97,578 SH          Sole       01     97,578
Lafarge ADR                    COM      505861401       1       15 SH          Sole       01         15
Lamson & Sessions Co           COM      513696104     152    6,283 SH          Sole       01      6,283
Lazard Ltd Shares A           SHS A     G54050102       1       30 SH          Sole       01         30
Lear Corporation               COM      521865105   4,466  151,227 SH          Sole       01    151,227
Lehman Brothers Holdings       COM      524908100   6,838   87,538 SH          Sole       01     87,538
Lennar Corp                   CL A      526057104   8,499  162,000 SH          Sole       01    162,000
Liberty Property Trust     SH BEN INT   531172104   1,702   34,626 SH          Sole       01     34,626
Linear Technology Corp         COM      535678106       1       20 SH          Sole       01         20	

 COLUMN 1                      COLUMN 2       COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
                                                                                                          VOTING AUTHORITY
                                                                                                        ---------------------
                               TITLE OF                  VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER                  CLASS          CUSIP    (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
--------------            ------------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
Loews Corp Carolina Group   CAROLNA GP STK    540424207   5,136     79,357 SH          Sole       01       79,357
Lone Star Technologies            COM         542312103      66      1,360 SH          Sole       01        1,360
Lowe's Companies Inc              COM         548661107   6,527    209,522 SH          Sole       01      209,522
Macerich Company                  COM         554382101     104      1,198 SH          Sole       01        1,198
Mack-Cali Realty Corp.            COM         554489104       6        127 SH          Sole       01          127
Magellan Health Svcs Inc          COM         559079207   2,164     50,073 SH          Sole       01       50,073
Magyar Telekom Tele
  communications PLC              COM         559776109       1         23 SH          Sole       01           23
Manpower Inc.                     COM         56418H100       1         17 SH          Sole       01           17
Market Vectors Gold
  Miners                          ETF         57060U100   1,035     25,925 SH          Sole       01       25,925
Marvell Technology Group          ORD         G5876H105   3,159    164,604 SH          Sole       01      164,604
Mattel Inc                        COM         577081102   1,072     47,315 SH          Sole       01       47,315
Maxim Integrated Products         COM         57772K101       1         20 SH          Sole       01           20
MBIA Incorporated                 COM         55262C100       1         11 SH          Sole       01           11
MBIA/ Claymore Manage d
  Duration Muni                   COM         55266X100   3,530    273,678 SH          Sole       01      273,678
McDonalds Corp                    COM         580135101  24,041    542,312 SH          Sole       01      542,312
MDC Holdings Inc                  COM         552676108   9,032    158,313 SH          Sole       01      158,313
Medarex Inc                       COM         583916101     154     10,417 SH          Sole       01       10,417
Medicines Company                 COM         584688105     165      5,206 SH          Sole       01        5,206
Medtronic Inc                     COM         585055106  17,690    330,591 SH          Sole       01      330,591
Mellon Financial Corp             COM         58551A108   6,655    157,900 SH          Sole       01      157,900
Merck & Co.                       COM         589331107      88      2,010 SH          Sole       01        2,010
Merrill Lynch & Co Inc            COM         590188108       7         74 SH          Sole       01           74
Methanex Corporation              COM         59151K108   8,070    294,836 SH          Sole       01      294,836
MGI Pharma Inc                    COM         552880106     101      5,492 SH          Sole       01        5,492
Microchip Technology Inc          COM         595017104   1,193     36,494 SH          Sole       01       36,494
Micron Technology                 COM         595112103   8,434    604,133 SH          Sole       01      604,133
Microsoft Corp.                   COM         594918104   9,367    313,701 SH          Sole       01      313,701
Mirant Corp Warrants              NEW         60467R118       1         87 SH          Sole       01           87
Mitsubishi UFJ Fin Group  SPONSORED ADR ADDED 606822104  13,940  1,119,644 SH          Sole       01    1,119,644
MKS Instruments, Inc              COM         55306N104     147      6,496 SH          Sole       01        6,496
Mobile Telesystems OJSC           COM         607409109       1         16 SH          Sole       01           16
Moody's Corporation               COM         615369105   1,954     28,301 SH          Sole       01       28,301
Morgan Stanley Asia
  Pacific Fund Clsdend            COM         61744U106   5,649    295,584 SH          Sole       01      295,584
Morgan Stanley CA
  Insured Muni Inc          CA INSD MUN TR    61745P502   1,147     78,284 SH          Sole       01       78,284
Morgan Stanley CA Muni
  Sec                         INSD CA MUN     61745P825   1,127     79,082 SH          Sole       01       79,082
Morgan Stanley NY Qual
  Muni Sec                   N Y QULTY MUN    61745P528     974     70,098 SH          Sole       01       70,098
MSCI Japan Index              MSCI JAPAN      464286848  11,247    791,518 SH          Sole       01      791,518
Multi Fineline Elect
  ronix Inc                       COM         62541B101       1         50 SH          Sole       01           50
Municipal Advantge Fund           COM         626189104   3,714    277,803 SH          Sole       01      277,803
National Grid New
  Transco PLC                SPON ADR NEW     636274300   1,409     19,402 SH          Sole       01       19,402	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                 VOTING AUTHORITY
                                                                                                -------------------
                            TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Nationwide Fncl Svcs          CL A      638612101       5       97 SH          Sole       01         97
Nationwide Health Props        COM      638620104     114    3,778 SH          Sole       01      3,778
Natl Semiconductor             COM      637640103       1       45 SH          Sole       01         45
Nektar Therapeutics            COM      640268108     113    7,426 SH          Sole       01      7,426
Neoware Inc.                   COM      64065P102      84    6,357 SH          Sole       01      6,357
Netgear Inc                    COM      64111Q104     162    6,167 SH          Sole       01      6,167
Network Appliance              COM      64120L104  12,180  310,089 SH          Sole       01    310,089
Neuberger Berman CA
  Inter Muni Fund              COM      64123C101   1,168   78,853 SH          Sole       01     78,853
Neuberger Berman Inc ome
  Opportunity                COM SHS    64126L108   2,615  147,347 SH          Sole       01    147,347
Neuberger Berman Rlty
  Income Fd Inc                COM      64126G109   1,762   72,797 SH          Sole       01     72,797
Newtek Business Services
  Inc                          Com      652526104     291  146,141 SH          Sole             146,141
NICE Systems LTD ADR      SPONSORED ADR 653656108   3,518  114,279 SH          Sole       01    114,279
NII Holdings Inc. Cl B      CL B NEW    62913F201  15,219  236,180 SH          Sole       01    236,180
Nike, Inc.                    CL B      654106103  13,273  134,035 SH          Sole       01    134,035
Nippon Telephone               COM      654624105       1       23 SH          Sole       01         23
NiSource Inc                   COM      65473P105       1       31 SH          Sole       01         31
Nissan Motor Ltd ADR      SPONSORED ADR 654744408  14,939  615,538 SH          Sole       01    615,538
Nokia Corporation         SPONSORED ADR 654902204  14,697  723,280 SH          Sole       01    723,280
Nortel Networks Corp New      ADDED     656568508       8      297 SH          Sole       01        297
Novartis AG               SPONSORED ADR 66987V109  21,311  371,016 SH          Sole       01    371,016
Novo-Nordisk A/S               COM      670100205       1       10 SH          Sole       01         10
NRG Energy Inc               COM NEW    629377508   1,647   29,406 SH          Sole       01     29,406
NTT DoCoMo Inc Spons ADR       ADR      62942M201   3,375  212,685 SH          Sole       01    212,685
Nuveen Fl Qual Inc Muni
  Tr                           COM      670978105      75    5,450 SH          Sole       01      5,450
Occidental Petroleum Corp      COM      674599105       4       83 SH          Sole       01         83
OfficeMax Inc                  COM      67622P101     990   19,942 SH          Sole       01     19,942
Old Republic Int'l             COM      680223104   1,691   72,621 SH          Sole       01     72,621
OMI Corp.                      COM      Y6476W104     128    6,052 SH          Sole       01      6,052
Omnicare Inc                   COM      681904108       3       88 SH          Sole       01         88
Oneok Inc                      COM      682680103   1,994   46,253 SH          Sole       01     46,253
Option Care, Inc.              COM      683948103       1      105 SH          Sole       01        105
Oracle Corporation             COM      68389X105  15,541  906,738 SH          Sole       01    906,738
O'Reilly Automotive, Inc.      COM      686091109   1,338   41,742 SH          Sole       01     41,742
Orix Corp                 SPONSORED ADR 686330101  11,132   75,830 SH          Sole       01     75,830
Orthofix Intl N.V.             COM      N6748L102     121    2,428 SH          Sole       01      2,428
Overseas Shipholding
  Group Inc                    COM      690368105  13,182  234,137 SH          Sole       01    234,137
Owens-Illinois Inc             NEW      690768403   4,329  234,629 SH          Sole       01    234,629
Pall Corporation               COM      696429307  17,398  503,557 SH          Sole       01    503,557
Parlux Fragrances Inc          COM      701645103      82   14,767 SH          Sole       01     14,767
Patterson Cos Inc              COM      703395103     671   18,894 SH          Sole       01     18,894	

 COLUMN 1                  COLUMN 2  COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                              VOTING AUTHORITY
                                                                                             -------------------
                           TITLE OF             VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER              CLASS     CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ---------  --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Pengrowth Enery Tr Units
  Cl a                       NEW     706902509      97    5,657 SH          Sole       01      5,657
PepsiCo Inc                  COM     713448108  12,659  202,384 SH          Sole       01    202,384
Petroleo Brasileiro       SPONSORED
                             ADR     71654V408   7,872   76,436 SH          Sole       01     76,436
PetroQuest Energy Inc        COM     716748108     150   11,762 SH          Sole       01     11,762
Pfizer Inc                   COM     717081103  21,212  818,999 SH          Sole       01    818,999
PG&E Corporation             COM     69331C108   2,414   50,999 SH          Sole       01     50,999
Phelps Dodge Corp            COM     717265102       6       47 SH          Sole       01         47
Philippine Long Dist      SPONSORED
  ance Telephone Co          ADR     718252604  10,498  205,310 SH          Sole       01    205,310
Phillips-Van Heusen Corp     COM     718592108   6,444  128,451 SH          Sole       01    128,451
Pilgram Pride Corp           COM     721467108   5,716  194,229 SH          Sole       01    194,229
Pitney Bowes Inc             COM     724479100      86    1,864 SH          Sole       01      1,864
Plum Creek Timber Co         COM     729251108       0        9 SH          Sole       01          9
PMI Group Inc                COM     69344M101  11,319  239,962 SH          Sole       01    239,962
Polaris Inds Inc             COM     731068102   4,864  103,874 SH          Sole       01    103,874
Pool Corp                    COM     73278L105   1,349   34,440 SH          Sole       01     34,440
Popular, Inc.                COM     733174106   4,606  256,619 SH          Sole       01    256,619
Portfolio Recovery
  Associates Inc             COM     73640Q105     155    3,328 SH          Sole       01      3,328
POSCO ADR                    COM     693483109       1       18 SH          Sole       01         18
PPL Corporation              COM     69351T106   1,096   30,592 SH          Sole       01     30,592
Price T.Rowe Group Inc       COM     74144T108   5,084  116,161 SH          Sole       01    116,161
Procter & Gamble Co          COM     742718109   8,913  138,679 SH          Sole       01    138,679
ProLogis Trust            SH BEN INT 743410102  12,396  203,989 SH          Sole       01    203,989
Prospect St High Inc Port  COM NEW   743586406   2,220  696,074 SH          Sole       01    696,074
Provident Energy Tru st    TR UNIT   74386K104     105    9,625 SH          Sole       01      9,625
Prudential PLC 6.5%
  Exchg Perp               B 6.50%   G7293H189     247    9,726 SH          Sole       01      9,726
Public Service Ent Group     COM     744573106   1,327   19,988 SH          Sole       01     19,988
Public Storage Inc           COM     74460D109  12,536  128,575 SH          Sole       01    128,575
Publicis Groupe S.A.         ADR     74463M106   3,112   73,693 SH          Sole       01     73,693
Putnam CA Invest Grade
  Muni Trust              SH BEN INT 746446103   1,118   81,163 SH          Sole       01     81,163
Putnam Invest Gr Mun Tr      COM     746805100   3,489  346,426 SH          Sole       01    346,426
Putnam Managed Mun
  Income Tr                  COM     746823103   3,661  476,658 SH          Sole       01    476,658
Putnam NY Inv Gr Muni Tr  SH BEN INT 746921105     985   79,124 SH          Sole       01     79,124
Putnam Tax-Free Health
  Care Fund               SH BEN INT 746920107   3,777  286,772 SH          Sole       01    286,772
PXRE Group Ltd               COM     G73018106   3,608  782,646 SH          Sole       01    782,646
Qualcomm Inc                 COM     747525103   9,017  238,613 SH          Sole       01    238,613
Quanta Svcs Inc Sub Deb
  Convt Bond              Convt Bond 74762EAC6       6    3,000 SH          Sole       01      3,000
Quest Diagnostics Inc        COM     74834L100  10,216  192,763 SH          Sole       01    192,763
Radian Group Inc             COM     750236101   6,124  113,597 SH          Sole       01    113,597
Radware Ltd                  ORD     M81873107   3,944  248,229 SH          Sole       01    248,229
Realogy Corp Com             COM     75605E100       3       91 SH          Sole       01         91	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
                                                                                                    VOTING AUTHORITY
                                                                                                  ---------------------
                            TITLE OF               VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
--------------            ------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
Red Hat, Inc.                  COM      756577102       1         47 SH          Sole       01           47
Regal-Beloit Corporation       COM      758750103     556     10,586 SH          Sole       01       10,586
Regency Centers Corp.          COM      758849103     376      4,816 SH          Sole       01        4,816
Rent-A-Center, Inc.            COM      76009N100   4,987    169,010 SH          Sole       01      169,010
Republic Services, Inc.        COM      760759100       5        127 SH          Sole       01          127
Reynolds Amern Inc             COM      761713106   1,504     22,969 SH          Sole       01       22,969
Rinker Group Limited           COM      76687M101       1         16 SH          Sole       01           16
Rio Tinto PLC-Gbp         SPONSORED ADR 767204100  10,136     47,699 SH          Sole       01       47,699
Roper Industries Inc           COM      776696106   1,630     32,450 SH          Sole       01       32,450
Royal BK of Scotland
  6.40% Ser M Pref        SP ADR PREF M 780097796     281     11,023 SH          Sole       01       11,023
Royal Dutch Shell PLC
  ADR Cl A                    DR A      780259206       4         50 SH          Sole       01           50
Rudolph Technologies ,
  Inc.                         COM      781270103      87      5,444 SH          Sole       01        5,444
Ruth's Chris Steak House
  Inc                          COM      783332109       2        128 SH          Sole       01          128
Ryland Group Inc               COM      783764103   4,985     91,272 SH          Sole       01       91,272
Sabre Holdings Corp           CL A      785905100       3         85 SH          Sole       01           85
Safenet Inc                    COM      78645R107   4,622    193,063 SH          Sole       01      193,063
Sanderson Farms, Inc           COM      800013104       1         36 SH          Sole       01           36
SanDisk Corporation            COM      80004C101       2         49 SH          Sole       01           49
Sanmina Corporation            COM      800907107   3,743  1,085,013 SH          Sole       01    1,085,013
Sanofi-Aventis Spons ADR  SPONSORED ADR 80105N105  11,812    255,830 SH          Sole       01      255,830
SAP AG                         COM      803054204       1         15 SH          Sole       01           15
Satyam Computer Svcs ADR       ADR      804098101  11,310    471,045 SH          Sole       01      471,045
Schawk Inc                    CL A      806373106     141      7,233 SH          Sole       01        7,233
Schlumberger Ltd               COM      806857108   1,676     26,532 SH          Sole       01       26,532
Scottish Power New PLC         ADR      81013T804     871     14,913 SH          Sole       01       14,913
Seacor Holdings Inc.           COM      811904101     989      9,974 SH          Sole       01        9,974
Sealed Air Corp                COM      81211K100  20,224    311,519 SH          Sole       01      311,519
SEI Investments Co             COM      784117103       6        106 SH          Sole       01          106
Semco Energy Inc               COM      78412D109     165     27,031 SH          Sole       01       27,031
Shire PLC                      COM      82481R106       1         18 SH          Sole       01           18
Siemens AG                SPONSORED ADR 826197501   5,786     58,714 SH          Sole       01       58,714
Sigma Aldrich Corp             COM      826552101  20,759    267,095 SH          Sole       01      267,095
Simon Ppty Group Inc New       COM      828806109  12,403    122,447 SH          Sole       01      122,447
Sina Corporation               ORD      G81477104   7,693    268,055 SH          Sole       01      268,055
Singapore Fund Inc             COM      82929L109   7,973    506,242 SH          Sole       01      506,242
Smith International Inc        COM      832110100   1,376     33,506 SH          Sole       01       33,506
Smithfield Foods Inc           COM      832248108   4,184    163,045 SH          Sole       01      163,045
Solectron Corp                 COM      834182107       2        490 SH          Sole       01          490
Sony Corp ADR                  COM      835699307       0         10 SH          Sole       01           10
Southern Company               COM      842587107     299      8,101 SH          Sole       01        8,101	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                                 VOTING AUTHORITY
                                                                                                -------------------
                            TITLE OF               VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            ------------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Southern Union                 COM      844030106     175    6,275 SH          Sole       01      6,275
St. Paul Travelers
  Companies, Inc.              COM      792860108   1,180   21,980 SH          Sole       01     21,980
Stan Furniture               COM NEW    854305208      65    3,033 SH          Sole       01      3,033
Staples Inc                    COM      855030102  11,196  419,313 SH          Sole       01    419,313
Starbucks Corp                 COM      855244109   3,258   91,969 SH          Sole       01     91,969
Starwood Hotels &
  Resorts Wldwde New           COM      85590A401     105    1,687 SH          Sole       01      1,687
State Street Corp              COM      857477103   7,014  104,001 SH          Sole       01    104,001
Statoil ASA               SPONSORED ADR 85771P102   9,489  360,513 SH          Sole       01    360,513
Steiner Leisure Lmtd           ORD      P8744Y102   7,091  155,851 SH          Sole       01    155,851
Stericycle, Inc                COM      858912108   1,378   18,258 SH          Sole       01     18,258
Streettracks Gold Tr        GOLD SHS    863307104     947   14,976 SH          Sole       01     14,976
Stryker Corporation            COM      863667101  12,009  217,907 SH          Sole       01    217,907
Superior Industries Intl       COM      868168105   4,325  224,457 SH          Sole       01    224,457
Supervalue Inc                 COM      868536103   1,191   33,310 SH          Sole       01     33,310
Sybase Inc                     COM      871130100   2,404   97,319 SH          Sole       01     97,319
Symantec Corp                  COM      871503108  14,399  690,617 SH          Sole       01    690,617
Taiwan Semiconductor Mfg
  Co Ltd Spr ADR          SPONSORED ADR 874039100   7,367  673,998 SH          Sole       01    673,998
TALX Corporation               COM      874918105     132    4,813 SH          Sole       01      4,813
Tata Motors Ltd ADR            COM      876568502       1       59 SH          Sole       01         59
Taubman Centers, Inc.          COM      876664103     233    4,584 SH          Sole       01      4,584
TD Banknorth Inc               COM      87235A101  11,936  369,764 SH          Sole       01    369,764
Technical Olympic USA Inc      COM      878483106      88    8,639 SH          Sole       01      8,639
Technip SA                SPONSORED ADR 878546209   9,944  144,941 SH          Sole       01    144,941
Tele Norte Leste          SPON ADR PFD  879246106       1       53 SH          Sole       01         53
Telecom Italia SPA ADR         ORD      87927Y102      39    1,286 SH          Sole       01      1,286
Telefonica S.A.                COM      879382208       1       11 SH          Sole       01         11
Telekomunikas Indonesia
  ADR                          ADR      715684106   1,662   36,448 SH          Sole       01     36,448
Telstra Corporation Ltd.  SPONSORED ADR 87969N204  10,773  657,704 SH          Sole       01    657,704
Templeton Dragon Fd            COM      88018T101   8,324  316,985 SH          Sole       01    316,985
Templeton Emerging Mrks
  Income Fund Inc              COM      880192109   9,627  705,262 SH          Sole       01    705,262
Tempur Pedic Intl Inc          COM      88023U101      97    4,752 SH          Sole       01      4,752
Tenaris SA ADR                 COM      88031M109       2       45 SH          Sole       01         45
Teva Pharmaceutical Indus      ADR      881624209   9,538  306,878 SH          Sole       01    306,878
Texas Instruments              COM      882508104  11,455  397,728 SH          Sole       01    397,728
The Directv Group Inc          COM      25459L106       1       43 SH          Sole       01         43
Thor Industries Inc            COM      885160101   6,535  148,559 SH          Sole       01    148,559
Time Warner Inc.               COM      887317105  20,676  949,311 SH          Sole       01    949,311
TJX Companies, Inc             COM      872540109   6,566  230,212 SH          Sole       01    230,212
Tomkins PLC ADR              RED ADR    890030208   3,963  204,290 SH          Sole       01    204,290
Torchmark Corp                 COM      891027104  11,666  182,967 SH          Sole       01    182,967	

 COLUMN 1                   COLUMN 2    COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
                                                                                                    VOTING AUTHORITY
                                                                                                  ---------------------
                            TITLE OF               VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER               CLASS       CUSIP    (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
--------------            ------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
Toro Company                   COM      891092108   5,390    115,598 SH          Sole       01      115,598
TOTAL Fina S.A.           SPONSORED ADR 89151E109   9,688    134,711 SH          Sole       01      134,711
Tractor Supply Co.             COM      892356106       4         84 SH          Sole       01           84
Trend Micro                    COM      89486M206     202      6,872 SH          Sole       01        6,872
Trex Company Inc               COM      89531P105   4,221    184,417 SH          Sole       01      184,417
Tronox Inc Cl B sh             COM      897051207       0          1 SH          Sole       01            1
True Religion Appare l
  Inc                          COM      89784N104      84      5,457 SH          Sole       01        5,457
Turkcell Iletisim Hizmet
  - ADR                     SPON ADR    900111204     837     62,528 SH          Sole       01       62,528
TXU Corporation                COM      873168108   2,067     38,132 SH          Sole       01       38,132
Tyco Intl Ltd                  COM      902124106  21,678    713,083 SH          Sole       01      713,083
Tyson Foods, Inc.             CL A      902494103       3        207 SH          Sole       01          207
UAL Corp.                      Com      902549807      27        622 SH          Sole                   622
UBS AG Ordinary Shs           ADDED     H89231338  11,716    194,194 SH          Sole       01      194,194
Unilever PLC                SPON ADR    904767704     121      4,365 SH          Sole       01        4,365
Unisource Energy Co            COM      909205106      71      1,940 SH          Sole       01        1,940
United Dominion Realty
  Trust Inc                    COM      910197102      98      3,094 SH          Sole       01        3,094
United Microelectronics   SPONSORED ADR 910873207   7,314  2,095,662 SH          Sole       01    2,095,662
United Parcel Svc             CL B      911312106   5,948     79,332 SH          Sole       01       79,332
United Technologies            COM      913017109   3,317     53,055 SH          Sole       01       53,055
United Utilities PLC ADR  SPONSORED ADR 91311Q105     313     10,203 SH          Sole       01       10,203
UnitedHealth Group             COM      91324P102   8,664    161,257 SH          Sole       01      161,257
Univision Communicat          CL A      914906102  10,808    305,147 SH          Sole       01      305,147
UNUMProvident Corp             COM      91529Y106       1         40 SH          Sole       01           40
US Bancorp (New)             COM NEW    902973304  13,712    378,894 SH          Sole       01      378,894
UST Inc.                       COM      902911106   1,753     30,125 SH          Sole       01       30,125
Van Kampen Inv Grade NY
  Muni                         COM      920931102     959     62,054 SH          Sole       01       62,054
Van Kampen Trust for Inv
  FL Muni                      COM      920932100      79      5,268 SH          Sole       01        5,268
Van Kampen Trust for
  Investm. Grade Muni          COM      920929106   3,610    234,107 SH          Sole       01      234,107
Varian Medical Systems         COM      92220P105   2,169     45,600 SH          Sole       01       45,600
VCA Antech Inc.                COM      918194101   1,253     38,925 SH          Sole       01       38,925
Veolia Envirnment         SPONSORED ADR 92334N103  14,032    186,452 SH          Sole       01      186,452
Verizon Communications         COM      92343V104       3         81 SH          Sole       01           81
VERIZON COMMUNICATIONS
  INC                          Com      92343V104      31        832 SH          Sole                   832
VF Corporation                 COM      918204108  14,927    181,854 SH          Sole       01      181,854
Vodafone Group NEW PLC
  Spons ADR                   ADDED     92857W209  17,095    615,373 SH          Sole       01      615,373
Vornado Realty Trust       SH BEN INT   929042109  11,852     97,546 SH          Sole       01       97,546
Vulcan Materials Co            COM      929160109       4         41 SH          Sole       01           41
W Holding Co. Inc              COM      929251106   3,316    556,406 SH          Sole       01      556,406
Wachovia Corporation 2nd       COM      929903102       5         80 SH          Sole       01           80
Walgreen Company               COM      931422109   1,506     32,809 SH          Sole       01       32,809	

 COLUMN 1                 COLUMN 2 COLUMN 3  COLUMN 4     COLUMN 5      COLUMN 6  COLUMN 7      COLUMN 8
                                                                                            VOTING AUTHORITY
                                                                                           -------------------
                          TITLE OF            VALUE   SHRS OR SH/ PUT/ INVESTMENT  OTHER
NAME OF ISSUER             CLASS    CUSIP    (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS  SOLE   SHARED NONE
--------------            -------- --------- -------- ------- --- ---- ---------- -------- ------- ------ ----
Walmart                     COM    931142103   9,222  199,695 SH          Sole       01    199,695
Washington Mutual           COM    939322103   1,003   22,058 SH          Sole       01     22,058
Watson Pharmaceutic         COM    942683103       4      138 SH          Sole       01        138
Wellpoint Inc               COM    94973V107       4       50 SH          Sole       01         50
Wells Fargo & Co New        COM    949746101   2,738   76,990 SH          Sole       01     76,990
WESCO International Inc     COM    95082P105     137    2,325 SH          Sole       01      2,325
Western Asset Emerg Mkts
  Floating Rt Fd           ADDED   95766C107   6,373  464,481 SH          Sole       01    464,481
Western Assets Emrg Mkts
  Debt Fund                ADDED   95766A101  11,280  633,016 SH          Sole       01    633,016
Western Assets Emrg Mkts
  Inc Fd II                ADDED   95766E103  11,773  914,768 SH          Sole       01    914,768
Western Refining Inc        COM    959319104   1,568   61,603 SH          Sole       01     61,603
Western Union Corp         ADDED   959802109      35    1,572 SH          Sole       01      1,572
Whirlpool Corp              COM    963320106       1       10 SH          Sole       01         10
Williams Companies          COM    969457100  11,394  436,199 SH          Sole       01    436,199
Winnebago Industries        COM    974637100       1       33 SH          Sole       01         33
WPP Group                  SPON
                            ADR
                           0905
                           ADDED   929309409  15,895  234,513 SH          Sole       01    234,513
Wrigley Wm. Jr. Co          COM    982526105   7,247  140,115 SH          Sole       01    140,115
Wyndham Worldwide Corp
  Com                       COM    98310W108       5      143 SH          Sole       01        143
Xcel Energy Inc             COM    98389B100       5      198 SH          Sole       01        198
XTO Energy Inc.             COM    98385X106       2       35 SH          Sole       01         35
Yahoo! Inc                  COM    984332106   7,891  308,955 SH          Sole       01    308,955
Youbet.com Inc              COM    987413101      85   23,108 SH          Sole       01     23,108
Yum Brands Inc              COM    988498101  20,235  344,125 SH          Sole       01    344,125
Zenith National Insurance   COM    989390109   3,739   79,716 SH          Sole       01     79,716
Zimmer Holdings Inc         COM    98956P102   1,042   13,292 SH          Sole       01     13,292
Zoran Corporation           COM    98975F101      99    6,819 SH          Sole       01      6,819