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 IFCs and their 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 leading 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 80 offices nationwide. Acquisitions of brokerage firms have increased our capacity, while our partnership with Penson Financial Services, Inc. has enhanced our offerings.

It has been nearly a decade since our founding, but our initial philosophy still guides our business today. There is an all-encompassing belief throughout 1DB that the best solutions can be developed only when Independent Financial Consultants (IFCs) are allowed to bring their ideas to life in a dedicated and supportive environment, where creativity is always encouraged.

While the 1DB Team has grown substantially since those early days, our dedication to investment performance and customer satisfaction remains a guiding principle that is shared. The 1DB philosophy has helped foster a firm culture that encourages and supports individual achievement. Our IFCs 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 Independent Financial Consultants succeed.