D.A. DAVIDSON & CO.
CRD #199 SEC #801-45761 GREAT FALLS, MT 406-727-4200
SEC Registered Broker-Dealer Disclosures
Total AUM
$36.2B
Discretionary
$32.9B
Employees
650
Clients
--
Accounts
86,818
AUM Over Time
| Date | Total AUM | Discretionary | Non-Disc. | Employees | Clients |
|---|---|---|---|---|---|
| Dec 2025 | $41.8B | $38.3B | $3.5B | 990 | 1,050 |
| Dec 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Sep 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Aug 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Jul 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Mar 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Mar 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Feb 2025 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Dec 2024 | $36.2B | $32.9B | $3.3B | 650 | 1,000 |
| Mar 2024 | $27.9B | $25.3B | $2.7B | 640 | 330 |
| Mar 2024 | $27.9B | $25.3B | $2.7B | 640 | 330 |
| Dec 2023 | $27.9B | $25.3B | $2.7B | 640 | 330 |
| Dec 2023 | $27.9B | $25.3B | $2.7B | 640 | 330 |
| Oct 2023 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Sep 2023 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Mar 2023 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Jan 2023 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Dec 2022 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Dec 2022 | $23.9B | $21.3B | $2.6B | 600 | 359 |
| Jun 2022 | $27.2B | $23.6B | $3.7B | 651 | 446 |
| Apr 2022 | $27.2B | $23.6B | $3.7B | 651 | 446 |
| Dec 2021 | $27.2B | $23.6B | $3.7B | 651 | 446 |
| Jul 2021 | $20.7B | $17.8B | $2.9B | 626 | 538 |
| Dec 2020 | $20.7B | $17.8B | $2.9B | 626 | 538 |
| Jun 2020 | $18.4B | $15.7B | $2.7B | 582 | 660 |
| Jun 2020 | $18.4B | $15.7B | $2.7B | 582 | 660 |
| Dec 2019 | $18.4B | $15.7B | $2.7B | 582 | 660 |
| Apr 2019 | $17.1B | $14.3B | $2.8B | 630 | 690 |
| Feb 2019 | $17.1B | $14.3B | $2.8B | 630 | 690 |
| Dec 2018 | $17.1B | $14.3B | $2.8B | 630 | 690 |
| Aug 2018 | $15.2B | $12.2B | $3B | 515 | 0 |
| Apr 2018 | $15.2B | $12.2B | $3B | 515 | 0 |
| Dec 2017 | $15.2B | $12.2B | $3B | 515 | 0 |
| Dec 2016 | $11.8B | $9.4B | $2.4B | 648 | 36,700 |
| Aug 2016 | $9.9B | $7.7B | $2.2B | 648 | 33,300 |
| Aug 2016 | $9.9B | $7.7B | $2.2B | 648 | 33,300 |
| May 2016 | $9.9B | $7.7B | $2.2B | 565 | 33,300 |
| Dec 2015 | $9.9B | $7.6B | $2.3B | 1,256 | 32,200 |
| Dec 2014 | $9.7B | $7.8B | $1.9B | 1,270 | 31,200 |
| Dec 2013 | $9.3B | $7.3B | $2B | 1,150 | 30,800 |
| Dec 2012 | $7.1B | $5.8B | $1.3B | 1,000 | 18,800 |
| Sep 2012 | $6.2B | $5.1B | $1.1B | -- | 15,000 |
| Jun 2012 | $6.2B | $5.1B | $1.1B | -- | 15,000 |
| Apr 2012 | $6.2B | $5.1B | $1.1B | -- | 15,000 |
| Dec 2011 | $6.2B | $5.1B | $1.1B | -- | 15,000 |
| Feb 2011 | $5.7B | $4.5B | $1.1B | -- | -- |
| Jan 2011 | $5.7B | $4.5B | $1.1B | -- | -- |
| Dec 2007 | $4.5B | $3.8B | $635.3M | 501 | -- |
| Feb 2007 | $3.3B | $3.1B | $128.2M | 501 | -- |
| Dec 2006 | $3.3B | $3.1B | $128.2M | 501 | -- |
| Mar 2006 | $2.8B | $2.6B | $155.8M | 501 | -- |
| Dec 2005 | $3.1B | $2.2B | $953.6M | 501 | -- |
| Jun 2005 | $2.4B | $1.8B | $556.5M | 501 | -- |
| Jan 2005 | $2.3B | $1.7B | $553.5M | 501 | -- |
| Dec 2004 | $1.8B | $1.7B | $133.6M | 501 | -- |
| Aug 2004 | $1.6B | $1.5B | $115.4M | 501 | -- |
| Apr 2004 | $1.5B | $1.4B | $104.2M | 51 | -- |
| Dec 2003 | $1.3B | $1.2B | $89.5M | 501 | -- |
| Jun 2001 | $542.4M | $535.4M | $7M | -- | -- |
DateDec 2025
Total AUM$41.8B
Discretionary$38.3B
Non-Disc.$3.5B
Employees990
Clients1,050
DateDec 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateSep 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateAug 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateJul 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateMar 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateMar 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateFeb 2025
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateDec 2024
Total AUM$36.2B
Discretionary$32.9B
Non-Disc.$3.3B
Employees650
Clients1,000
DateMar 2024
Total AUM$27.9B
Discretionary$25.3B
Non-Disc.$2.7B
Employees640
Clients330
DateMar 2024
Total AUM$27.9B
Discretionary$25.3B
Non-Disc.$2.7B
Employees640
Clients330
DateDec 2023
Total AUM$27.9B
Discretionary$25.3B
Non-Disc.$2.7B
Employees640
Clients330
DateDec 2023
Total AUM$27.9B
Discretionary$25.3B
Non-Disc.$2.7B
Employees640
Clients330
DateOct 2023
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateSep 2023
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateMar 2023
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateJan 2023
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateDec 2022
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateDec 2022
Total AUM$23.9B
Discretionary$21.3B
Non-Disc.$2.6B
Employees600
Clients359
DateJun 2022
Total AUM$27.2B
Discretionary$23.6B
Non-Disc.$3.7B
Employees651
Clients446
DateApr 2022
Total AUM$27.2B
Discretionary$23.6B
Non-Disc.$3.7B
Employees651
Clients446
DateDec 2021
Total AUM$27.2B
Discretionary$23.6B
Non-Disc.$3.7B
Employees651
Clients446
DateJul 2021
Total AUM$20.7B
Discretionary$17.8B
Non-Disc.$2.9B
Employees626
Clients538
DateDec 2020
Total AUM$20.7B
Discretionary$17.8B
Non-Disc.$2.9B
Employees626
Clients538
DateJun 2020
Total AUM$18.4B
Discretionary$15.7B
Non-Disc.$2.7B
Employees582
Clients660
DateJun 2020
Total AUM$18.4B
Discretionary$15.7B
Non-Disc.$2.7B
Employees582
Clients660
DateDec 2019
Total AUM$18.4B
Discretionary$15.7B
Non-Disc.$2.7B
Employees582
Clients660
DateApr 2019
Total AUM$17.1B
Discretionary$14.3B
Non-Disc.$2.8B
Employees630
Clients690
DateFeb 2019
Total AUM$17.1B
Discretionary$14.3B
Non-Disc.$2.8B
Employees630
Clients690
DateDec 2018
Total AUM$17.1B
Discretionary$14.3B
Non-Disc.$2.8B
Employees630
Clients690
DateAug 2018
Total AUM$15.2B
Discretionary$12.2B
Non-Disc.$3B
Employees515
Clients0
DateApr 2018
Total AUM$15.2B
Discretionary$12.2B
Non-Disc.$3B
Employees515
Clients0
DateDec 2017
Total AUM$15.2B
Discretionary$12.2B
Non-Disc.$3B
Employees515
Clients0
DateDec 2016
Total AUM$11.8B
Discretionary$9.4B
Non-Disc.$2.4B
Employees648
Clients36,700
DateAug 2016
Total AUM$9.9B
Discretionary$7.7B
Non-Disc.$2.2B
Employees648
Clients33,300
DateAug 2016
Total AUM$9.9B
Discretionary$7.7B
Non-Disc.$2.2B
Employees648
Clients33,300
DateMay 2016
Total AUM$9.9B
Discretionary$7.7B
Non-Disc.$2.2B
Employees565
Clients33,300
DateDec 2015
Total AUM$9.9B
Discretionary$7.6B
Non-Disc.$2.3B
Employees1,256
Clients32,200
DateDec 2014
Total AUM$9.7B
Discretionary$7.8B
Non-Disc.$1.9B
Employees1,270
Clients31,200
DateDec 2013
Total AUM$9.3B
Discretionary$7.3B
Non-Disc.$2B
Employees1,150
Clients30,800
DateDec 2012
Total AUM$7.1B
Discretionary$5.8B
Non-Disc.$1.3B
Employees1,000
Clients18,800
DateSep 2012
Total AUM$6.2B
Discretionary$5.1B
Non-Disc.$1.1B
Employees--
Clients15,000
DateJun 2012
Total AUM$6.2B
Discretionary$5.1B
Non-Disc.$1.1B
Employees--
Clients15,000
DateApr 2012
Total AUM$6.2B
Discretionary$5.1B
Non-Disc.$1.1B
Employees--
Clients15,000
DateDec 2011
Total AUM$6.2B
Discretionary$5.1B
Non-Disc.$1.1B
Employees--
Clients15,000
DateFeb 2011
Total AUM$5.7B
Discretionary$4.5B
Non-Disc.$1.1B
Employees--
Clients--
DateJan 2011
Total AUM$5.7B
Discretionary$4.5B
Non-Disc.$1.1B
Employees--
Clients--
DateDec 2007
Total AUM$4.5B
Discretionary$3.8B
Non-Disc.$635.3M
Employees501
Clients--
DateFeb 2007
Total AUM$3.3B
Discretionary$3.1B
Non-Disc.$128.2M
Employees501
Clients--
DateDec 2006
Total AUM$3.3B
Discretionary$3.1B
Non-Disc.$128.2M
Employees501
Clients--
DateMar 2006
Total AUM$2.8B
Discretionary$2.6B
Non-Disc.$155.8M
Employees501
Clients--
DateDec 2005
Total AUM$3.1B
Discretionary$2.2B
Non-Disc.$953.6M
Employees501
Clients--
DateJun 2005
Total AUM$2.4B
Discretionary$1.8B
Non-Disc.$556.5M
Employees501
Clients--
DateJan 2005
Total AUM$2.3B
Discretionary$1.7B
Non-Disc.$553.5M
Employees501
Clients--
DateDec 2004
Total AUM$1.8B
Discretionary$1.7B
Non-Disc.$133.6M
Employees501
Clients--
DateAug 2004
Total AUM$1.6B
Discretionary$1.5B
Non-Disc.$115.4M
Employees501
Clients--
DateApr 2004
Total AUM$1.5B
Discretionary$1.4B
Non-Disc.$104.2M
Employees51
Clients--
DateDec 2003
Total AUM$1.3B
Discretionary$1.2B
Non-Disc.$89.5M
Employees501
Clients--
DateJun 2001
Total AUM$542.4M
Discretionary$535.4M
Non-Disc.$7M
Employees--
Clients--