Davidson Investment Advisors, Inc.
- Regulatory AUM
- $5.2B
- Discretionary
- $5.2B
- Clients
- 4,407
- Avg AUM / client
- $1.2M
- Accounts
- 4,407
- Employees
- 31
AUM over time
Annual snapshots from Form ADV filings · as of Dec 15, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 3,125 | $1.3B | 25.0% |
| High net worth individuals | 966 | $2.3B | 44.3% |
| Investment companies | 1 | $148M | 2.85% |
| Pooled investment vehicles (non-investment companies) | 4 | $74.7M | 1.44% |
| Pension and profit sharing plans | 36 | $78.4M | 1.51% |
| Charitable organizations | 131 | $769M | 14.8% |
| State or municipal government entities | 37 | $143M | 2.74% |
| Insurance companies | 8 | $39.6M | 0.76% |
| Corporations and other businesses | 99 | $346M | 6.65% |
People (20)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Andrew Ian Davidson | President, Director | Jan 1995 (32y) | Less than 5% | |
| Edward Patrick Crotty | Director | CFA | Dec 2006 (20y) | Less than 5% |
| Heather Elizabeth Kubas | Chief Operating Officer & Chief Compliance Officer | CFA | Apr 2014 (12y) | Less than 5% |
| Martinez, Lawrence, Todd | Ceo, D.A. Davidson Companies, Director | Feb 2022 (5y) | Less than 5% | |
| Brian Patrick Clancy | Registered representative | CFA | Nov 2004 (22y) | |
| Michael Paul Kubas | Registered representative | CFA | May 2006 (20y) | |
| William James Holevoet | Registered representative | Dec 2014 (12y) | ||
| Louis Gino Dilello | Registered representative | CFA | Jan 2016 (11y) | |
| Bryn Gregory Hagfors | Registered representative | Nov 2018 (8y) | ||
| Paul Gilbert Condrat | Registered representative | CFA | Jan 2020 (7y) | |
| William Andrew Moon | Registered representative | CFA | Jan 2020 (7y) | |
| Cheryl Lynn Page | Registered representative | CFP CFA | Mar 2023 (3y) | |
| Herbert Barrow Turner | Registered representative | Mar 2023 (3y) | ||
| Peyton Mills Studebaker | Registered representative | Mar 2023 (3y) | ||
| Daniel Marc Peimer | Registered representative | Mar 2023 (3y) | ||
| Maxwell Hayden Lundgren | Registered representative | Sep 2023 (3y) | ||
| Robert James De Meulenaere | Registered representative | CFA | Oct 2023 (3y) | |
| David Lawrence Brown | Registered representative | May 2024 (2y) | ||
| Melissa Carol Holling | Registered representative | Oct 2025 (1y) | ||
| James Henry Desmond | Registered representative | Mar 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| D.A. Davidson Companies | Parent Company | May 1986 | A | 75% or more |
| Employee Stock Ownership Plan And Trust | Shareholder | Sep 2001 | B | ≈ 18.75% – 50% via D.A. Davidson Companies |
| D.A. Davidson Trust Company | Trustee | Sep 2001 | B | ≈ 4.69% – 25% via Employee Stock Ownership Plan And Trust |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Employee Stock Ownership Plan And Trust: 25% – 50% of D.A. Davidson Companies × 75% – 100% direct ≈ 18.75% – 50% of the firm
- D.A. Davidson Trust Company: 25% – 50% of Employee Stock Ownership Plan And Trust × 25% – 50% of D.A. Davidson Companies × 75% – 100% direct ≈ 4.69% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 12/15/2025 | 1.22 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- D.A. Davidson & Co. $2.4B (47% of AUM) Dec 2025
- D.A. Davidson Trust Services, Inc. $760M (15% of AUM) Dec 2025
- First Clearing, Llc $574M (11% of AUM) Dec 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Dec 15, 2025.
View current Form ADV (SEC/IAPD) ↗