Business

D.A. Davidson & Co. hires financial team from Morton Clarke

D.A. Davidson & Co., the largest full-service investment firm based in the Northwest, today announced it has hired the financial professionals of Morton Clarke, a Seattle broker-dealer and registered investment adviser with a focus on fixed income services and private client portfolio management.

The Morton Clarke team will join D.A. Davidson in late February and will work from D.A. Davidson’s offices in downtown Seattle. Four members of the Morton family of Mercer Island are involved in the firm.

“We’re pleased to have Morton Clarke join us as we continue to grow in the Seattle area, and believe this group is a good strategic fit with our firm,” said Jim Kerr, president of the Individual Investor Group for D.A. Davidson. “Our companies’ cultures and reputations for excellence are similar, and we will now focus on making sure our new Morton Clarke clients continue to receive the same great service.”

Morton Clarke was founded in 1995. Islander John Morton, a managing director, and Steve Clarke, a senior vice president, left Kidder Peabody & Co. to capitalize on their fixed income specialty, forming what would become Morton Clarke.

 

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