1,400 employees. 97 offices. 26 states.

one standard of excellence

At D.A. Davidson Companies, we believe there is only one way to navigate through the wealth of financial services options: straightforward. We offer clear strategies with smart, personalized solutions that match your goals and show you the path to achieve them. We’re with you every step of the way — leveraging our nationally-recognized research, capital market and investment banking expertise, and the largest network of financial advisors headquartered in the West. Our personal approach is rooted in the values, stability, and discipline of our 80-year-old employee-owned company that is as independent as you are.



2018 Annual Report

From D.A. Davidson Companies’ humble beginnings as a brokerage and wealth advisory firm in Montana in 1935, to current day functioning as a multifaceted company stretching nationwide, we have remained deeply committed to our client-centered approach. Our roots inform our work, wherever we practice.

In this report, we are pleased to share a graphic representation of the type of work done at D.A. Davidson. Through this depiction, we honor our roots while striving to improve the world around us as we grow—because we know that it is important to drive value with our values, giving back to the communities where we live and work.

View the Report
 Annual Report



Our History

  • 1935-1941

    David Adams Davidson opens branch of E.J. Gibson in Great Falls, MT. In 1941 Davidson buys majority stock of E.J. Gibson and moves headquarters to Great Falls.

  • 1958-1959

    D.A. Davidson’s son, Ian B. Davidson, joins as third Gibson employee. Gibson Associates is renamed D.A. Davidson & Co.

  • 1975

    D.A. Davidson & Co. buys Financial Aims Corporation, a financial planning firm.

  • 1986

    D.A. Davidson continues growing and acquires a trust firm, later naming it Davidson Trust Co.

  • 1998

    D.A. Davidson acquires Jensen Securities, specializing in equity research and institutional sales.

  • 2002-2004

    D.A. Davidson expands into Denver, Colorado with a capital markets office. Now capital markets spans coast to coast.

  • 2005

    D.A. Davidson celebrates 70th year in business and buys assets of the Kirkpatrick Pettis companies, specializing in fixed income services.

  • 2009

    D.A. Davidson acquires Ruan Securities, a fixed income firm in Des Moines, Iowa.

  • 2012

    D.A. Davidson acquires McGladrey Capital Markets, adding offices in Costa Mesa and Chicago, and acquires SeaCap Investment Advisors based in Seattle.

  • 2013

    D.A. Davidson & Co. merges with Crowell, Weedon & Co., a full-service brokerage with offices spanning across Southern California.

  • 2016

    D.A. Davidson acquires SMITH HAYES, expanding the firm’s presence in Nebraska. Crowell Weedon and SMITH HAYES combine with D.A. Davidson in one united brand. Our new mark, the bison, pays tribute to D.A. Davidson’s past while the sunburst represents promise of the future.

  • 2017

    Company launches D.A. Davidson Day, an annual company-wide day of community volunteer work.

  • 2019

    D.A. Davidson acquires Wells Nelson & Associates, a public finance and wealth management firm with offices in Oklahoma and Texas.