Coley joined Davenport & Company in 1969. He held the role of President & CEO from 1986–2011. Under his leadership, the firm grew significantly. When his tenure began, Davenport had 99 employees, one branch office, and revenues were $9 million. Davenport now has more than 400 employees, 17 branch offices, and revenues over $100 million. Prior to his senior leadership roles, Coley held numerous positions in the firm, including running the “Back Office.”
Coley graduated from the University of Virginia in 1968 with a degree in economics. He currently serves on the boards of the Children’s Hospital Foundation and Mutual Assurance Society. He was the past chairman of the Country Club of Virginia and the Commonwealth Club. He is a past chair of the Mid-Atlantic Securities Industry Association, and served on the New York Stock Exchange Regional Firms Advisory Committee.