Broker-dealer firm · Richmond, VA
Davenport & Company LLC
SEC-registered investment adviser · CRD 1588 · SEC 801-13057
At a glance
Davenport & Company LLC is an SEC-registered investment adviser based in Richmond, Virginia, with $24.7 billion in regulatory assets under management as of its Form ADV filed July 27, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 16,855 individual clients. By Form ADV it is a broker-dealer firm, ranked 38th of 391 broker-dealer firms and 747th of 17,210 SEC-registered advisers by assets.
Main office 804-780-2000investdavenport.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $25B
- Rank among broker-dealer firms
- #38 of 391
- Rank among all SEC RIAs
- #747 of 17,210
- Rank in Virginia
- #6 of 300
- Individual clients
- 16,855
- High-net-worth clients
- 5,667
- Accounts
- 24,315
- Discretionary
- 97% of AUM
- Employees
- 525
- Advisory staff
- 228
- Offices
- 30
Owners and executives on its Form ADV
- Edward Trigg Jr BrownDirector
- Lucy Williams HooperDirector
- Robert Francis MizellDirector
- Ann Minornuckols RichmondDirector, Treasurer, and Principal Operations Officer
- David Peter RoseDirector
- Henry Lee III ValentineDirector
- Coleman III WorthamChairman, Director
- John Paul IV AckerlyDirector
- William Randolph IV BarksdaleDirector
- Richard Edward III DolanDirector
- Timothy Stewart TaylorDirector
- Courtney Edward RogersDirector
Custody and brokerage
Broker-dealer
Hybrid RIA
Davenport & Company LLC is a hybrid RIA: 358 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 5,667 | $14B | 57% |
| Investment companies | 1 | $4.1B | 17% |
| Individuals | 11,188 | $3.8B | 16% |
| Charitable organizations | 595 | $1.3B | 5% |
| Pooled investment vehicles | 3 | $680M | 3% |
| Pension and profit sharing plans | 114 | $322M | 1% |
| Corporations or other businesses | 98 | $223M | <1% |
| Other | 51 | $123M | <1% |
| State or municipal government entities | 4 | $69M | <1% |
| Insurance companies | 3 | $27M | <1% |
Private funds
Davenport & Company LLC reports 3 private funds with $710M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Davenport & Company LLC answers yes to 6 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Commissions
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗investdavenport.com ↗
AtlasMembers
The full record on Davenport & Company LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 55 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 65 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Davenport & Company LLC manage?
Davenport & Company LLC reports $24.7 billion in regulatory assets under management across 24,315 accounts, 97% of it on a discretionary basis, on its Form ADV filed July 27, 2026.
What kind of firm is Davenport & Company LLC?
Davenport & Company LLC is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Davenport & Company LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($14.1 billion, 5,667 clients); investment companies ($4.1 billion, 1 clients); individuals ($3.8 billion, 11,188 clients).
Does Davenport & Company LLC manage private funds?
Yes. It reports 3 private funds with $710 million in gross assets, including hedge funds.
Does Davenport & Company LLC have any disciplinary history?
Davenport & Company LLC answers yes to 6 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Davenport & Company LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →