D.A. Davidson & Co. (D.A. Davidson), is a Montana-based full-service brokerage and investment banking firm. D.A. Davidson and its related entities operate under Davidson Companies, one of the nation's leading regional financial services holding companies offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services.

Founded in 1935, D.A. Davidson has a demonstrated expertise and commitment to public sector clients. Serving clients from 14 locations in 10 states, the Fixed Income Capital Markets group provides expertise in a broad array of specialties including: multi-family housing, school finance, healthcare, higher education, project financings, charter schools and special districts. In 2009, the firm completed 327 negotiated transactions totaling $2.0 billion. This ranked D.A. Davidson 5th in the number of transactions and 22nd in terms of dollar amount*. As of September 30, 2009, D.A. Davidson & Co. had over $135 million in equity and $62 million in net capital, which provides the firm with the financial strength to underwrite municipal debt transactions in excess of $100 million.

In addition, Davidson Companies had over $25.9 billion of assets under management and recorded over $211 million of revenue in fiscal 2009.

*(source: Thomson Reuters 3/4/10)