Established in 1863...
Davenport & Company Timeline
 |
Coleman Wortham III
President & CEO |
Davenport & Company is Virginia’s first investment firm. The company was founded by Issac Davenport, Jr. and Charles E. Wortham during a time when investments consisted primarily of stocks in banks, railroads, and insurance companies.
In its early years, Davenport survived significant challenges, including the Civil War. In 1865, Davenport’s first office on East Main Street 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 the original Charles Wortham, became president and bought a seat on the New York Stock Exchange. Davenport & Company persevered despite the stock market collapse in 1929 and the Great Depression that followed.
Although almost a century and a half have passed since Davenport & Company was established, the values and positive spirit that characterized the firm in the 1800’s live on today. Over the years, Davenport has continued to grow and now provides a wide range of investment brokerage and investment advisory services to its clients.
For more than a century, Davenport & Company has been evolving as a leading financial services company. We pride ourselves on listening carefully to our clients. Daring to innovate. And adapting to marketplace trends.
|
