D.A. Davidson & Co. Announces Edmonds Office Opening.

Regional Brokerage Firm Reinforces Northwest Presence With 12(th) Office in Washington State

GREAT FALLS, Mont. -- D.A. Davidson & Co., an independently owned investment firm based in Montana, today announced the opening of a branch office in downtown Edmonds, Wash. The office is

The Edmonds office is the 12th D.A. Davidson branch in Washington. In the Puget Sound area alone, D.A. Davidson also operates full-service offices in downtown Seattle and in Bellevue, Bellingham, Everett and Redmond.

Five professionals are serving both individual investors and business clients from the new office. Overseeing the branch is Dave Mitchell, Senior Vice President, Financial Consultant and Edmonds Branch Manager. Mitchell has more than 19 years of securities industry experience.

"We're very excited to expand D.A. Davidson's presence in this very important, growing market, and we're pleased to be working with such consummate professionals as Dave and his group," said Jim Kerr, President of D.A. Davidson's Private Client Group, which operates the company's full-service brokerage offices. "This new office will help us serve our expanding base of clients with the great service that Davidson is known for."

Besides Mitchell, the other professionals in the Edmonds office are: Kelly Wamble, Vice President, Financial Consultant; Jim Clarke, Vice President, Financial Consultant; Arne Domas, Vice President, Financial Consultant; and Susan Beardsley, Client Associate, Operations Manager. Each has extensive securities industry experience.

In the last 18 months, D.A. Davidson has opened new brokerage offices in Bellingham and Walla Walla, Wash.; Salem, Ore.; and Omaha, Neb. In addition to its Washington branches, D.A. Davidson operates brokerage offices in Colorado, Idaho, Montana, Nebraska, Oregon, Utah and Wyoming.

About D.A. Davidson & Co.

Founded in 1935, D.A. Davidson is the largest full-service investment firm based in the Northwest, with offices in 16 states. Besides brokerage services, D.A. Davidson provides prize-winning research, asset and wealth management, estate and insurance services to individual, business and governmental investors. In addition, the firm provides a full suite of corporate services, investment banking and sales and trading services for institutional investors.

The company is known for its Davidson 99 Regional Stock Index, an economic indicator for the Northwest and Rocky Mountain Regions. The firm also operates its Student Investment Program, which each year provides hands-on education to student teams at 20 colleges and universities by providing the funds to enable them to invest and manage a portfolio of securities.

D.A. Davidson is a wholly owned subsidiary of Davidson Companies, a financial services holding company based in Great Falls, Montana. Also part of Davidson Companies are Davidson Investment Advisors, a professional wealth management firm; Davidson Fixed Income Management, a registered investment adviser providing money management and other fixed income services; Davidson Trust Co., a wealth management and trust business; and Davidson Travel, a full-service travel agency.