For nearly 150 years, Davenport & Company LLC has maintained the values and the entrepreneurial spirit that characterized the firm founded in 1863 by Isaac Davenport, Jr. and Charles E.Wortham. Men of the highest integrity, they embarked on a journey to build a special kind of investment firm that has prevailed and thrived over the years, while many others have disappeared.
In its early years, Davenport survived significant challenges, including the Civil War. In 1865, Davenport’s first office was destroyed when Richmond was evacuated and set ablaze in the face of Grant’s advancing armies. In 1921, Coleman Wortham, Sr., a great-nephew of Charles Wortham, became president and bought a seat on the New York Stock Exchange. The firm persevered despite the stock market collapse in 1929 and the Great Depression that followed. Over the years, Davenport has continued to grow, providing a wide range of brokerage and advisory services for its clients.
Today Davenport & Company LLC, which is 100 percent owned by its employees, is the largest independent securities brokerage firm headquartered in Virginia and one of the oldest employee-owned independent financial services firms in America.
Davenport & Company is headquartered in One James Center in Richmond, Virginia. We invite you to learn more by visiting us on the web at www.investdavenport.com.