H.D. Vest to Focus on Practice Management Training for Top Advisors

For Immediate Release

PR Contact: Susan Patrick
H.D. Vest Communications Consultant
(972) 870-6149
pr@hdvest.com
www.hdvest.com

Irving, Texas (February 8, 2007) - H.D. Vest Financial Services^® (H.D. Vest) announced today that it has partnered with Cannon Financial Institute, Inc. to provide practice management training to its top 600 Advisors. H.D. Vest is one of the oldest and largest independent financial services firms specializing in training and supporting tax professionals with over 5,500 independent Advisor affiliates. The training will take place in Arizona and Texas during May of 2007 and is being called the H.D. Vest Elite Academy^SM.

"The H.D. Vest Elite Academy is the product of tremendous research by the firm. We surveyed our Advisors to find out what road blocks were keeping them from helping more clients. We sent our Practice Management team out to more than a dozen Advisors' offices to observe their current procedures and how they utilize technology to see what opportunities existed. We conducted multiple focus groups around practice management to gather ideas. So, the result of all this research is this new training concept called the H.D. Vest Elite Academy, and we are excited to roll it out in May," said Roger Ochs, president of H.D. Vest.

"We've designed content for an intensive advanced practice management experience for H.D. Vest Advisors who want to grow their business and put systems in place to make the growth of the business less painful and more profitable," said William Trigleth, III, Executive Vice President of Cannon Financial Institute, Inc.

H.D. Vest Elite Academy 2007 participants will start their journey with one concentrated workshop focusing on creating a consistent client experience. Participants will also be given many opportunities to network with their peers to trade best practices. Following the conference, attendees will participate in a six-month follow-up program to help them implement the concepts learned during the workshop.

About H.D. Vest, Inc.

Based in Irving, Texas, since its inception in 1983, H.D. Vest Financial Services supports an independent network of tax and non-tax professionals who distribute comprehensive financial planning solutions, including securities, insurance, money management services and Wells Fargo banking products. Approximately 5,500 independent contractors manage over $25 billion in assets for some 1.8 million individuals, families and small businesses in all 50 states. H.D. Vest became a non-bank subsidiary of Wells Fargo & Company in July 2001.

About Cannon Financial

Cannon Financial Institute, Inc. is a closely held company incorporated in the state of Georgia. The company originated in 1960, and was purchased in 1980 by Cannon's principal owner and President, Ted Ridlehuber. Today, Cannon's principal businesses consist of a consulting practice, schools, and in-house training programs, all of which contribute to the company's position as one of the leading trainers and advisors to the financial services industry worldwide.

Hundreds of the most successful financial service firms worldwide are engaged with Cannon's trainers and consultants. Cannon's programs include Sales Management, and Sales and Relationship Management including the areas of prospecting, presenting and closing. Additionally, technical and product training are offered in all areas of banking, trust, brokerage, investment management, operations, tax, compliance, institutional sales and technical training and retirement services.

Securities offered through H.D. Vest Investment Services^SM , Member SIPC,
Advisory services offered through H.D. Vest Advisory Services^SM ,
non-bank subsidiaries of Wells Fargo & Company,
6333 N. State Highway 161, Suite 400, Irving, TX 75038 (972) 870-6000.