1861

Abraham Lincoln begins term as 16th president of the U.S.

April 12 — U.S. Civil War begins

April 17 — Virginia secedes from Union

Richmond (VA) named Capital of the Confederacy

Isaac Davenport, Jr. and Charles E. Wortham form Davenport & Company, an insurance agency, and moved to Richmond's East Main Street

1863

Mid-point of U.S. Civil War

Davenport & Company extends its business lines and specializes in "southern" investments: railroads, banks, and insurance companies

1865

Richmond set ablaze ahead of Grant's advancing armies and evacuated

End of U.S. Civil War

900 buildings in Richmond's business district are lost, including the headquarters of Davenport & Company

1867

Nebraska becomes the 37th U.S. State

Maggie Walker of Richmond, Virginia was born. She became the first African American woman to charter a bank in the United States

The firm moves to 1113 East Main Street, one of the first to be built during Richmond's reconstruction efforts

1896

The first modern Olympic Games opens in Athens, Greece

Deaths of Isaac Davenport and Charles Wortham

Virginius Newton, son-in-law of Davenport, becomes head of the firm

Coleman Wortham, Sr., great-nephew of the original Charles Wortham, joins the firm as partner

1920

Prohibition of alcohol begins in U.S.

Alexander P. Armour joins the firm at the age of 14 as a "Board boy"

1921

Discovery of Vitamin D and its prevention of Rickets

Coleman Wortham, Sr., becomes president, buys seat on the New York Stock Exchange

1924

Teapot Dome Scandal

Walt Disney creates "Alice in Wonderland," his first cartoon

Firm sells insurance business to Marsh & McLennan

1929

U.S. Stock Market crashes

Martin Luther King, Jr. was born

1950

Korean War begins

Charles Schultz introduces Peanuts comic strip

Henry Valentine II joins the firm and rises to become its Chairman

Beverley B. Munford III joins the firm and rises to become Vice Chairman

1955

Rosa Parks refusal to relinquish her seat on a Greyhound bus ignited the Civil Rights movement

1963

Martin Luther King, Jr. makes "I have a dream" speech

President John F. Kennedy assassinated

1967

Congress creates PBS

Firm relocates to Ross Building at 8th and Main, most modern and desirable location in Richmond

1968

Martin Luther King, Jr. assassinated

1969

Neil Armstrong takes first steps on the Moon

Coleman Wortham III joins the firm, rising to become part of the firm's senior leadership, representing the fourth generation of his family

1972

The first ever mobile phone call is placed by Martin Cooper, in New York City

The firm incorporates and names Alexander P. Armour its first president

1975

Saturday Night Live premieres on NBC, with George Carlin as first host

Branch and Co. joins with Davenport & Company

1982

World Health Organization announced smallpox had been eradicated

Vietnam War Memorial Opens in Washington, DC

Davenport opens Virginia Beach office

1987

Worldwide stock market crisis

Davenport opens Charlottesville office

1989

The Fall of the Berlin Wall

George Herbert Walker Bush inaugurated as 41st U.S. President

Davenport opens Williamsburg and Newport News offices

1990

Hubble Telescope launches into space

Persian Gulf War Begins

Davenport opens Farmville office

1992

World Wide Web introduced

Davenport & Company moves to One James Center

1993

World Trade Center Bombing

Davenport opens Fredericksburg and Franklin offices

1995

The Oklahoma City Bombing

Davenport opens offices in Roanoke, Lynchburg, and White Stone

1998

John Glen returns from space

Davenport opens Norfolk office

1999

World population reaches 6 billion

Columbine High School massacre

Davenport opens Raleigh office

2000

The billionth living person is born in India

First resident crew arrives at the International Space Station, marking the beginning of a continuous human presence in space

George W. Bush wins a highly contested election against Al Gore

Davenport opens Sanford office

Davenport opens Public Finance Office in Towson

2001

Apple introduces the iPod

America Online purchases Time Warner for $162 billion in the largest ever corporate merger

September 11 terrorist attacks

U.S. invasion of Afghanistan

Davenport joins world-wide community in sympathy, making donation to the United Way of New York in honor of those who lost their love ones in this tragic event

Joe Antrim, late Investment Policy Committee Chairman, gives an interview to the Wall Street Journal on his market outlook

2002

The Euro enters circulation

Department of Homeland Security is established

Davenport opens Danville office

Davenport Asset Management launches the FundAdvisor program and the Value & Income Portfolio

2003

Completion of the Human Genome Project

U.S. invasion of Iraq

2004

Mark Zuckerburg launches Facebook

Boston Red Sox win the World Series for the first time since 1918

Indian Ocean earthquake and tsunami

Davenport Asset Management launches the Equity Opportunities Portfolio

2005

Hurricane Katrina hits the U.S. Gulf Coast

2006

Pluto is reclassified as a dwarf planet

United States population reaches 300 million

Virgin Galactic announces new spacecraft, designed specifically for space tourism

Davenport & Company reaches record levels of gross revenue and AUM

2007

Nancy Pelosi becomes the first female Speaker of the House

The Dow Jones Industrial Average closes above 14,000 for the first time in history (this remains the highest closing level to date)

Davenport Asset Management Reaches $3 Billion in Assets Under Management

2008

U.S. stock market crash and global financial crisis

Election of Barack Obama, first African-American president of the United States

10th Anniversary of the Davenport Core Fund (DAVPX); the Fund's Assets Under Management total $156 million.*

2009

"King of Pop" Michael Jackson dies at 50

Global pandemic of H1NI influenza strain, commonly known as "swine flu"

The crew of U.S. Airways Flight 1549 makes a successful crash landing in the Hudson River, saving the lives of all on board

Sonia Sotomayor becomes the third woman and the first Hispanic to serve on the U.S. Supreme court

Bernard Madoff is sentenced to 150 years in federal prison for defrauding thousands of investors in a massive Ponzi scheme

Davenport opens Greensboro office

2010

Deepwater Horizon oil rig explodes in the Gulf of Mexico

The Patient Protection and Affordable Care Act is passed

Davenport opens Public Finance office in Charlotte

Davenport opens Leesburg office

BB Munford and Henry Valentine celebrate 60 years at Davenport

2011

The Arab Spring Revolution

Occupy Wall Street protest movement begins in New York City's financial district

Japanese earthquake & floods in Thailand affect millions of people

Osama bin Laden dies in Pakistan

Davenport introduces two new no-load mutual funds, the Davenport Value & Income Fund (DVIPX) and the Davenport Equity Opportunities Fund (DEOPX)*

Davenport named one of the Best Places to Work in Virginia by VA Business Magazine

Davenport launches Davenport Shares program in an effort to strengthen our firm's philanthropic efforts

2012

Queen Elizabeth II celebrates her 60th anniversary of becoming Britain's Monarch

Apple Inc claims a value of $600 million making it the largest company by market capitalization in the world

Michael Phelps is named the most decorated Olympian of all time with 22 medals at the summer Olympics in London

Lee Chapman IV is named President & Chief Operating Officer

Davenport opens Suffolk office

Assets Under Management for the Davenport Value & Income Fund and the Davenport Equity Opportunities Fund total $113 million and $62 million, respectively, as of June 30, 18 months after their inception*

Davenport & Company prepares to celebrate 150th anniversary in 2013