Davenport receives coveted recognition from StarMineOn May 30, 2012 The Financial Times and StarMine released their 2012 Broker Rankings, naming Davenport & Company LLC as the #3 Most Productive Broker in the United States for 2012 as it relates to research performance. Davenport was the only regionally based firm to receive the recognition. The Most Productive Broker awards recognize three firms that have earned the highest number of individual analyst awards relative to the total number of qualifying analysts at their firm. Three of Davenport’s equity research analysts received the coveted StarMine Analyst Award for 2012. The designation is awarded to the top individual analysts in the United States using objective measurement criteria of the accuracy of their estimates and the performance of their recommendations.
"We are very proud to have three analysts honored for their exceptional work in several competitive industries and to have been named a Most Productive Broker," said Lee Chapman, President & Chief Operating Officer of Davenport & Company LLC. "Consistently strong performance by our analysts highlights our research team’s deep industry knowledge and capabilities."StarMine Award winners are:
- Clint Fendley – First Vice President
#2 stock picker in Diversified Consumer Services
- Ann Gurkin – Senior Vice President
#3 earning estimator in Tobacco
- Michael Morris – Senior Vice President & Co-Director of Research
#3 stock picker in Media
Ann Gurkin, a thirteen-year veteran of Davenport, has been recognized by StarMine for six consecutive years; Clint Fendley, who has been with Davenport for 5 years, has received recognition for three consecutive years; and Michael Morris, Co-Director of Davenport's Research department, was recognized for the first time since joining Davenport in 2010 from UBS.
Established in 1863, Davenport & Company serves a national base of clients from a headquarters in Richmond, VA and branch offices located throughout Virginia, North Carolina, and Towson, MD. One of the oldest employee-owned, independent financial services firms in America, Davenport is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
The StarMine Broker Rankings for the United States measure aggregated broker performance on relevant local or regional indexes and market capitalizations. Most Productive Broker Awards: To be considered for this award, a firm must have a minimum of ten analysts who qualified for a 2012 FT | StarMine Analyst Award.
The 2012 StarMine Analyst Awards for the United States were calculated for the January 1, 2011 - December 31, 2011 time period. The StarMine Awards are calculated using StarMine equity analyst performance data, which has been rigorously tested and proven in the marketplace.