Boca Raton, FL Office

Davenport serves individual and institutional clients—including banks, pension and profit‑sharing plans, trusts, estates, nonprofits and corporations—offering asset management, retail brokerage, fixed income, public finance, and investment banking and advisory services. Its Investment Advisory division provides separately managed accounts, model delivery to third‑party platforms, financial planning, and other advisory programs.

The firm’s asset management is organized around dedicated portfolio manager teams, an Investment Policy Committee, and a Manager Research team that constructs and monitors strategies across SMAs, mutual fund sleeves, ETF model portfolios (ETFAdvisor), and unified managed accounts (DavenportONE). Davenport is the adviser to six Davenport mutual funds (including Core Leaders, Value & Income, and Equity Opportunities) and manages fixed‑income sleeves that include investment‑grade taxable and municipal bond strategies and ETFs.

Davenport’s combination of an affiliated broker‑dealer and a full advisory platform means it continues to offer fee‑and‑commission and limited commission‑based account options while also acting as adviser to its mutual funds and providing public finance/municipal services and municipal bond strategies. The brochure discloses third‑party payments and clearing‑related revenue and describes measures to address conflicts (for example, rebating 12b‑1 fees in advisory accounts); the firm is structured as an employee‑owned company with a long history dating to 1863.