D.A. Davidson & Co
Answer a few questions and
get matched with an advisor.
Learn more about D.A. Davidson & Co
Overview
D.A. Davidson & Co operates as a financial advisory company that has its headquarters in Great Falls, Montana. The firm controls $23.9 billion in assets under management throughout 76,487 customer accounts, making it one of the biggest investment advisory firms in the country by assets under management (AUM). It has a large group, including 500 financial advisors. D.A. Davidson & Co is not a registered broker-dealer, meaning the firm cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer firm to do so. Securities are defined as exchangable financial investments such as options, equities and bonds.
D.A. Davidson & Co administers more than half of its client assets in a discretionary manner. Discretionary management signifies that an investment advisor makes transaction decisions for the client's account without needing to seek client authorization. D.A. Davidson & Co also has 4,467 non-discretionary accounts with a total of $2.6 billion in assets under management. The company administers roughly $312,373 in assets for each client account. An average financial advisor at D.A. Davidson & Co oversees around 153 client accounts.
The firm's central office is at 8 Third Street North, Great Falls, Montana 59401. The company is registered to provide services to customers throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
D.A. Davidson & Co by the Numbers
$23.9 billion
600
76,487
$312.4 thousand
Products and Services
D.A. Davidson & Co offers a number of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. In the past fiscal year, it provided 8500 of its clients with financial planning services. It does sell products or offer services aside from investment advisory services to its clients. The company is also affiliated with a number of other companies in the financial services industry, including with a trust company.
Core Advisor Services
-
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
-
Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial advice depend on the services offered. Fees billed by D.A. Davidson & Co may include some blend of the following fee structures: asset-based, hourly, fixed or performance-based. D.A. Davidson & Co participates in a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 21% of firms
Hourly
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
D.A. Davidson & Co manages money for a broad range of investors. The company provides services to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities and corporations. Out of its 76,487 customers, D.A. Davidson & Co's biggest client type by number of accounts is retail investors, though it also caters to 12,371 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 20.85%
- Other Individuals - 76.04%
- Corporations - 1.48%
- Charitable Organizations - 1.62%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
D.A. Davidson & Co does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.