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Business Profile

Investment Advisory Services

Davidson Companies, Inc.

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Investment Advisory Services.

Complaints

This profile includes complaints for Davidson Companies, Inc.'s headquarters and its corporate-owned locations. To view all corporate locations, see

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Davidson Companies, Inc. has 2 locations, listed below.

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    • Davidson Companies, Inc.

      283 W Front St Ste 101 Missoula, MT 59802-4328

    • Davidson Companies, Inc.

      PO Box 7997 Missoula, MT 59807-7997

    Customer Complaints Summary

    • 1 complaint in the last 3 years.
    • 0 complaints closed in the last 12 months.

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    Submit a Complaint

    The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

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    • Initial Complaint

      Date:04/15/2024

      Type:Service or Repair Issues
      Status:
      Unanswered
      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      On March 12, 2021 my mother, ***********************************, passed away &I became her estate's **. In May 2021, I contacted DA Davidson to disburse one investment acct, handled by *********************** to her beneficiaries (I provide him with their contact info). ****** assured me he would immediately contact the individuals for disbursement. In October 2021, beneficiary ********************************* informed me of my uncle ********************* (beneficiary) imminent death and that family was concerned about the ability to pay his final expenses. I asked why the $ my mother left could not be used, same as she'd received? ******* said she never received any $ or any contact from ******. I contacted ****** and he apologized saying he'd "dropped the ball" but would contact the beneficiaries immediately. I had no further update from ****** & on November 12, 2021 **** died. Having no will, I provided ****** with contact info for ****'s eldest child. On March 1, 2024 I received a letter from DA Davidson saying they'd made several attempts to contact the ** of *********************************** regarding the disbursement of $ to *****************. I received no prior call or email from DA Davidson. I attempted to contact ****** and got his voice mail advising me to call his assistant, *********************. ***** advised me that the $ for **** was in danger of defaulting to the state because they'd been unable to get a ** contact but they could disperse the $ back to me as Guadalupe's **. ***** asked me to obtain ****'s death cert. which I immediately ordered. On March 6, 2024 ***** sent an email stating she'd been wrong & would be unable to disperse the $ back to ******* would it would default to state if they were unable to contact someone from ****'s family. At which time I told her of ******** 2021 contact delay. Had ****** made contact in May 2021 the $ would not be in danger of default to the state. This was gross incompetence on ******** part and he should reimburse my mother's account out of his own funds.

      Customer Answer

      Date: 04/19/2024

      On April 18, 2024 I received a letter from ************************* at the Missoula MT branch of DA Davidson, stating he had received my complaint and is investigating. 

    Davidson Companies, Inc. is NOT a BBB Accredited Business.

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