What happened to HD Vest?

What happened to HD Vest?

HD Vest Financial Services® will be rebranded to Avantax Wealth Management on Sept. 16, 2019. After this date, clients will see communications and statements referencing Avantax Investment ServicesSM for securities and investment products and Avantax Advisory ServicesSM for investment advisory services.

Who owns HD Vest?

Wells Fargo
InfoSpace
H.D. Vest Financial Services/Parent organizations

Is Avantax a good company?

Currently, Avantax Wealth Management has over 300 employees and is affiliated with 3,750 financial advisors who advised on $76 billion worth of assets for individuals, families, and businesses across the U.S.1 In 2014, Avantax Wealth Management ranked in the Top 20 for broker/dealer firms based on revenue.

Is Avantax a fiduciary?

In addition to her previous work at Avantax, she gained valuable industry experience at H. Beck, Inc. as a senior product specialist, investment analyst and vice president of investments.

Did HD Vest change its name?

HD Vest Financial Services® to Rebrand to Avantax Wealth Management. Our firm’s wealth management support and services provider, HD Vest Financial Services®, is being renamed Avantax Wealth ManagementSM on Sept. 16, 2019. The name change has no impact on client accounts or the services we provide.

Where was HD Vest located?

H.D. Vest is a Texas corporation headquartered in Irving, Texas. H.D. Vest has been registered as a broker-dealer with the Commission since 1983.

How many Avantax advisors are there?

Avantax Advisory Services, registered in 1987, serves 52 state(s) with a licensed staff of 2,564 advisors. Avantax Advisory Services manages $30.2 billion and provides investment advisory services for 99,251 clients (1:39 advisor/client ratio).

How many reps does Avantax have?

The count of financial advisors at Avantax Wealth Management has fallen for two consecutive quarters and by a net 266 registered representatives since the end of 2019, according to the May 5 first-quarter earnings of its parent firm, Blucora.

Is Avantax a broker dealer?

We have over 3,500 independent contractors, who manage over $70 billion in assets for individuals, families and small businesses in all 50 states and rank as one of the top 15 independent broker-dealer firms by annual revenue and assets under management as of December, 2019.

Is Avantax an RIA?

With Avantax, it’s all about choice. Join as an independent Financial Professional or refer your business to a tenured professional as an independent RIA.

Who is HD Vest and what do they do?

HD Vest Financial Services is an independent broker/dealer firm that offers financial planning and asset management services. It’s been around since 1983 and has tweaked its business several times to keep up with current demands.

Who is the CEO of HD Vest Financial Services?

The good news is that employees like their leader: 88% of employees approve of CEO Roger C. Ochs, and 76% of employees would recommend the company to a friend, which is relatively high. Sticking to the positives, there is a lot of emphasis on education, which is highly comprehensive.

Do you get tax advice from HD Vest?

This firm doesn’t offer tax advice, but it emphasizes how taxes impact your financial decisions: financing a home, retirement, your child’s education, business planning, and more. The premise is that many people/investors are leaving a great deal of money on the table by not considering the tax implications of their financial choices.