HD Vest Financial Services In the News
Five little lines that will help you save big on taxes
If you want to save money, dust off your 2016 tax return. Back in April, after your preparer filed your Form 1040, you probably took your refund or paid your bill and stashed the paperwork in a file somewhere.
That's a mistake, according to Andrew Watts, director, wealth management at HD Vest Financial Services.
HD Vest Enhances Executive Team with Appointment of James T. Hickey as Chief Investment Strategist
Mr. Hickey brings more than 23 years of financial services and insurance industry experience to the firm, having most recently spent time as vice president and portfolio manager for Boston-based FDO Partners LLC, a $3 billion quant investment firm founded by Harvard Business School Professor Ken Froot.
Six HD Vest Advisors make Accounting Today’s 2017 Top 150 Firms by AUM List
This annual report ranks the top CPA financial planners by assets under management, and shares their concerns, major issues and success strategies.
HD Vest Appoints David L. Peavler as General Counsel
Mr. Peavler comes to HD Vest from the Securities and Exchange Commission's (SEC) Fort Worth Regional Office, where he served as the associate director in charge of the agency's enforcement efforts in Texas, Oklahoma, Arkansas and Kansas.
Blucora Names Fidelity Executive Bob Oros as HD Vest CEO
Mr. Oros has more than 20 years of sales and operational experience and has served in leadership roles at leading brokerage and investment advisory firms, where he had a strong track record of successfully recruiting and retaining advisors.
FA News - Be Bold As Uncertainty Swirls
The last 12 months or so have been marked by bouts of hyper volatility that have shaken stocks across the globe. HD Vest's Chad Smith explores being bold in uncertain times.
AccountingToday - Tax Season is Over. Now What?
Now that the crush of tax season is safely behind us, and many tax professionals have already taken some well-deserved time off, many of them are also now experiencing an uneasy letdown.
AccountingToday - 10 Ways to Protect Your Firm Against a Cyber-Invasion
The average length of time between a new computer being hooked up to the Internet and its being targeted by hackers is six minutes, experts warn -- so it’s critical to establish a defense in depth against cyber-invasion.
AccountingToday - Tax Alpha: Your Prime Prospects
Tax Alpha: Your Prime Prospects. Having a window into the financial lives of your tax clients gives you the opportunity to identify needs that you can address in your capacity as a financial advisor.
FA News - Tax Season Has Become A Four Season Issue
Recommendations for tax professionals and financial advisors outlined by HD Vest's Chad Smith in this month's FA News.
AccountingToday - Get Protective, Urges Vest CEO
Professional advisors need to be more protective — of both their practices and their clients, according to HD Vest president and CEO Roger Ochs.
Rep. - Making Next Year's Tax Season a Little Less Brutal
HD Vest's Chad Smith discusses the old adage, "It's not what you make, it's what you keep" and how if reflects a fundamental truth that continues to drive the worlds of investment management and tax advice closer together.
Connect2015 - Lead
Financial Planning - To Help Client Teach Heirs, Try a 'Foundation Lite'
HD Vest Advisor Kyle Brownlee shares his thought leadership on teaching heirs through 'Foundation Lite'
Rep. - Top Three Ingredients for Developing a Plan-Based Investing Approach
Advisors ultimately have one job; align the plan and investments to clearly defined client goals and aspirations. Establish a game plan and have the patience and perseverance to take the necessary steps with your clients to achieve it.
ThinkAdvisor - HD Vest Improves Tax Tool for Advisors
HD Vest Improves Tax Tool for Advisors. Advisors can input more data and then easily print reports with financial planning info for clients, the firm says.
AccountingToday - HD Vest Updates 1040 Analyst
HD Vest Investment ServicesSM, the broker-dealer provider of wealth management-based financial advice, announced a new round of functionality enhancements to its proprietary 1040 Analyst® tool.
Financial Planning - 7 Clients Secrets Revealed by a 1040 Form
While virtually every advisor has a baseline understanding of the IRS code and how it impacts the financial decisions their clients make, very few are bona fide tax experts. And, quite frankly, that's fine - they don't need to be.
Tax Alpha: Year-End Tax Loss Harvesting
In a recent Accounting Today article, HD Vest Wealth Management Strategist Chad Smith talks about how combining routine portfolio rebalancing with tax loss harvesting can help clients mitigate the annual federal and state tax bit and strengthen client relationships
Rep. - Initiating Year-End Tax Planning Discussions to Reinforce Client Relationships
This holiday season, instead of sending a card or goodies, HD Vest’s Sales Manager Scott Rawlins suggests it may be more productive for financial advisors to focus their sights further into the future on tax season and including tax strategies as part of a holistic financial plan to prove they are keeping their clients’ interests foremost in mind.
Tax Alpha: What a Successful Wealth Management Practice Looks Like
Read the article written by HD Vest’s Chad Smith about a research program Accounting Today and HD Vest undertook to look at the characteristics of accounting firms with well-established financial planning/wealth management practices to see how those offerings fit in. The data strongly suggested that for accountants who have built a financial planning/wealth management practice, it has been a strong performer and become an integral -- and profitable -- part of their firms.
Financial Planning - Here Comes the CPAs
HD Vest President & CEO Roger Ochs and Premium Advisor Jack Oujo are prominently featured in the October edition of Financial Planning. In the article titled “Here Come the CPAs” Roger and Jack talk about how the client tax return, or “1040 Advantage,” can unlock the shift into financial planning by identifying potential gaps, especially with key markets like baby boomers nearing retirement and owners of small and midsize businesses .
Rep. - Four Steps an Advisor Should Take
Just as people plan for the end of summer and the onset of winter, financial advisors should help clients to review and construct all-weather portfolios. Learn about the four key actions advisors should take as they prepare to meet with their clients for forward-looking planning.
Tax Alpha: Dealing with Heirs
When it comes to leaving an estate for their heirs, many clients are less concerned about protecting it from the taxman than about it protecting it for -- and sometimes from -- the heirs themselves. HD Vest Wealth Management Strategist Chad Smith explains how common heir issues such as those involving equalization of inheritance, spendthrifts, dependencies, and special needs may have solutions that offer the benefit of reducing a client's taxable estate.
HD Vest Launches VestVision, a Customized Financial Planning Software System, Assisting Advisors and Clients to Visualize and Focus on Holistic Goals-Based Wealth Management
HD Vest Launches VestVisionTM, a Customized Financial Planning Software System, Assisting Advisors and Clients to Visualize and Focus on Holistic Goals-Based Wealth Management. New Tool and Investment Management Process Seamlessly Integrates with HD Vest’s Comprehensive Advisor-Client Platform and Recently Introduced Technology and Financial Planning Offerings.
Teaching Tax Pros to Hunt in the Wealth Management World- AccountingToday
One of the key hurdles that advisors encounter in considering the transition to offering integrated wealth management services is the fundamental gap between the marketing model employed by traditional financial advisors and the practices that tax advisors are familiar with from the accounting world. In our experience working with tax professionals who have successfully integrated both accounting and wealth management into their business, we found that the following three concepts were vital in helping them embrace the unique marketing dynamics they encountered.
How Tax Preparers Can Make Money Year-Round - AccountingToday
Beyond opening a lemonade stand, many tax preparers who haven’t yet grown their business into a full-service accounting practice are used to seeing their income dry up during the hot summer months. How do other tax professionals generate revenue during the “off” months? The answer is diversification.
HD Vest Launches the V4 Client Experience, Seamlessly Integrating Advisor-Client Engagement Process with Proprietary Technology and Wealth Management Solutions
HD Vest Investment ServicesSM, the leading independent broker-dealer empowering holistic tax and wealth management-based financial advice, today announced the launch of its V4 Client Experience, which combines a new advisor-client engagement process on a fully integrated basis with HD Vest's proprietary technology and comprehensive wealth management tools.
HD Vest Hopes Tech And Marketing Upgrades Will Attract Advisors - Financial Advisor
HD Vest Financial Services® is rolling out major upgrades to its technology that the firm hopes will fix some long-standing shortcomings to its investment and planning platform.
A series of new launches will be completed this year, Vest officials told nearly 1,000 Vest-affiliated advisors at the firm’s annual meeting in Denver this week.
HD Vest's Dual Discretion Advisory Platform Reaches Over $1 Billion in Assets Under Management in Less Than 19 Months
HD Vest Investment ServicesSM, the leading independent broker-dealer empowering holistic tax and wealth management-based financial advice, today announced that the firm’s innovative portfolio management platform, VestAdvisor Select®, has continued to grow rapidly, reaching in excess of $1 billion in assets under management before its second full year since the service’s initial launch in October 2012. The majority of AUM expansion for VestAdvisor Select since its inception has been driven through acquisition of new assets, rather than by market appreciation.
Accounting Today and HD Vest Financial Services Launch Tax Alpha Program
Accounting Today, the publication of record for the public accounting profession, and HD Vest, a leading independent broker-dealer empowering holistic tax and wealth management-based financial advice, today announced the launch of their joint Tax Alpha program. The Tax Alpha program is comprised of a comprehensive suite of resources, accessible online, designed to help financial and tax professionals deliver added value to their wealth management clients by offering deeper, more tax-savvy services.
1040 Analyst Press Release
HD Vest Financial Services, Inc. – the independent broker/dealer focused on empowering holistic financial advice that encompasses both tax and wealth management solutions – today announced the launch of its new proprietary 1040 Analyst tool for its affiliated Advisors. This new automated tool, unique within the independent financial advisory space, enables HD Vest-affiliated Advisors to analyze and seamlessly integrate Form 1040 client tax data to generate a holistic, tax-intelligent, customized client output inclusive of potential investment considerations for each client on a highly efficient basis.
Financial Planning: From CPA to CFP/CPA - April 2014
HD Vest President & CEO Roger Ochs is featured in the April edition of Financial Planning in an article titled “From CPA to CFP/CPA.” In the interview, Roger explains HD Vest Advisors’ unfair advantage by being able to utilize data from the tax return as a road map to build a comprehensive financial plan. Roger goes on to explain how the firm is reinventing growth to support our expanding Advisor force well into the future.
Financial Planning: HD Vest's Tax Alpha Bet - April 2014
HD Vest Financial Services® and its President and CEO, Roger Ochs, are featured in “HD Vest’s Alpha Bet” in the April edition of Financial Planning. The article explains why “tax alpha” is a core part of HD Vest’s business model and why the firm’s unique growth model distinguishes them from other firms.
VestAdvisor Select surpasses $700 million* - ThinkAdvisor
ThinkAdvisor recently featured HD Vest’s new and successful portfolio management system, VestAdvisor Select®, for HD Vest Advisors. HD Vest President & CEO Roger Ochs credits flexibility for the portfolio platforms more than $700 million in client assets since its launch less than three months ago. Read more about how the advisory platform allows HD Vest Advisors to design client-tailored portfolios with 180 investment models set on specific client goals.
* as of 12/31/13
Chad Smith’s Harvesting Losses - InvestmentNews
HD Vest Wealth Management Specialist Chad Smith authored best practices to maximize tax benefits for clients by harvesting losses in 2013 for Investment News. Chad’s article outlines three tax code items to be on the lookout for this tax season. Read more about the continuing complexity of tax code.