About Us

1st Discount Brokerage (1DB) was founded by William “Chip” Corley in 1995. After a decade at wirehouses, he left to build a firm that could offer clients a better investing experience. Chip felt that innovative approaches backed by enabling technology, and above all, a genuine passion for the business should be the driving factors behind a community based brokerage firm. That, he reasoned, would allow his firm to deliver enhanced capabilities to the investment marketplace.

Fueled by that entrepreneurial spirit, 1DB has since grown from a single office to an Independent Broker/Dealer with over 40 retail community-based offices while our partnership with Penson Financial Services, Inc. has enhanced our offerings.

It has been 16 years since our founding, but our initial philosophy still guides our business today. 1DB believes that the best solutions are developed when financial consultants are encouraged to bring their ideas to life in a dedicated and supportive environment.

1st Discount Brokerage has grown substantially since those early days; our dedication to investment performance and customer satisfaction remains the guiding principle that is shared by all. The 1DB philosophy has helped foster a firm culture that encourages and supports individual achievement. Our clients are recognized as the core of our success—and treated accordingly.

While the face of the investment community is rapidly changing, our team is well positioned to adapt and thrive. We continue to seek astute Financial Consultants who value their independence and are attuned to the1DB philosophy and our approach to helping clients succeed.

It is important for you to know that at 1DB the client, “you”, always comes first. We invite you to join 1DB as your local community premier investment brokerage and wealth management solution.