Davenport Asset Management
What Makes Us Different
Davenport Asset Management is a boutique money manager founded in 1984 with over $10 billion in assets under management. Our competitive advantages come from our history, partnership, independence, experience, and process refined over the 160-year history of our firm.
Our History is Unique
Davenport & Company, our parent company founded in 1863, has been investing in our communities and building wealth alongside our clients through nearly every market cycle America has encountered.
We Invest Alongside Our Clients
Davenport Asset Management was born in 1984 out of our firm’s Employee Profit Sharing Plan, which is still invested in our strategies alongside our clients to this day.
We Are Proudly Independent
Davenport has always been 100% employee owned. Our commitment to independence allows us to remain focused on meeting the needs of our clients and putting their interests first. The service, dedication, and access given to our clients is first-class.
Our Experience is Exceptional
Over 38 years as an active money manager gives us a true historical perspective. Our stability is paramount, with Portfolio Managers averaging over 34 years of investment experience and 25 years of Davenport tenure.
Our Process is Proven and Repeatable
Consistent investment discipline coupled with risk management is critical to successful investing. We do not chase investment fads. A long-term perspective is invaluable to our investment process.
Important Disclosures:
As of 6/30/2023. Any opinions expressed here are statements of judgment on this date and are subject to future change without notice. This information currently anticipated or projected. The information contained herein has been compiled from sources believed to be reliable; however, there is no guarantee of its accuracy or completeness. The information provided in this letter should not be considered a recommendation to purchase or sell any particular security.