D.A. Davidson & Co. opens New Office in Salem

Regional firm continues record of growth across Oregon.

Joining D.A. Davidson in Salem is Troy Gaul, vice president, financial advisor

(GREAT FALLS, Mont.) - D.A. Davidson & Co., the largest full-service investment firm based in the Northwest, today announced that it has opened a new office in Salem, Ore., as part of its continued growth in the state. The new office is in the Capitol Center in downtown Salem, at 388 State St., Suite 604.

"We are very pleased to continue to expand D.A. Davidson’s commitment to truly personalized service by offering our service in another Oregon city," said Jim Kerr, president of D.A. Davidson’s Individual Investor Group and of Davidson Companies. "Salem is a great fit for us, and we look forward to working with the residents of this important community.”

Joining D.A. Davidson in Salem is Troy Gaul, vice president, financial advisor. Gaul comes to Davidson with extensive experience in helping clients with investment services. He most recently was with Wells Fargo Advisors, also in Salem.

The Salem office operates as a satellite office to D.A. Davidson’s Portland branch, which opened in 1998. Both offices are led by Lonn Ensing, senior vice president, financial advisor and branch manager.

The Salem office is the ninth D.A. Davidson office in Oregon that focuses on serving individual investors. The firm also operates larger offices located in Bend, Eugene, Klamath Falls, Lake Oswego, Medford, Pendleton, Portland and Roseburg.

About D.A. Davidson & Co.

Founded in 1935, D.A. Davidson & Co. (www.dadavidson.com) is the largest full-service investment firm based in the Northwest. The employee-owned company offers financial services to individual investors, families, businesses, nonprofit organizations and corporate clients nationwide, with a strong focus on the West and Midwest. The company is part of Montana-based Davidson Companies (www.davidsoncompanies.com), a regional financial services holding company with offices in 23 states. Davidson Companies also operates three other investment- and trust-focused companies.