D.A. Davidson & Co. Builds on Solid Reputation, Opening Fifth Office in North Carolina

January 31, 2024

D.A. Davidson & Co. announced today the opening of a wealth management office in Fayetteville, North Carolina, welcoming a three-person team. The professionals bring extensive financial services experience to the firm, further strengthening its presence in the Southeast.

“I am pleased that D.A. Davidson is continuing its growth with the addition of Dries Wealth Management in Fayetteville,” said Michael Purpura, President of Wealth Management at D.A. Davidson. “Adding another North Carolina location—our second of fiscal 2024—to our footprint, reaffirms our commitment to partnering with advisors across the country who embody the same client-first, advisor centric culture and values as our firm. We welcome the team and look forward to serving their clients.”

The Fayetteville office becomes the fifth in the state of North Carolina, along with Charlotte, Greensboro, Wilmington and Winston-Salem, all of which opened within the past two years.

Dries Wealth Management, Advisor with D.A. Davidson & Co., was previously affiliated with Truist, and includes:

  • David Dries, CRPC®, Senior Vice President, Financial Advisor. Dries has been a financial advisor for nearly 15 years. He holds a bachelor’s degree in business management with a finance concentration from North Carolina State University and is a Chartered Retirement Planning CounselorSM. He holds Series 7 and 66 Securities Licenses and Life, Health, and Long-Term Care Insurance Licenses.

Dries Wealth Management is part of D.A. Davidson Wealth Management, which offers an array of financial products and services to individuals, families, businesses and institutions. For 88 years, the firm’s advisors have provided straightforward advice and personalized solutions to help build, protect and pass on wealth for generations to come.

The office is located at 2940 Breezewood Ave., Suite 100 in Fayetteville.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 29 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.