Avantax Inc

Avantax, Inc. engages in the provision of integrated tax-focused wealth management services and software. It operates through the Wealth Management and Tax Preparation segments. The Wealth Management segment consists of the operations of Avantax, which provides tax-focused wealth management solutions for financial advisors, tax preparers, certified public accounting firms, and its clients. The Tax Preparation segment focuses on digital tax preparation solutions for consumers, small business owners, and tax professionals. The company was founded by Naveen Mahendra Kumar Jain in March 1996 and is headquartered in Dallas, TX.

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Avantax Inc (AVTA) reports record-breaking Q4 results and optimistic 2023 outlook

Avantax Inc (AVTA) delivered a robust performance in Q4 2022, showcasing record-breaking results and strong financial metrics. While facing challenges such as regulatory impacts and financial expectations, the company remains focused on growth opportunities and strategic initiatives. With a positive outlook for 2023 and a resilient approach to market dynamics, Avantax is poised for continued success.

Avantax Inc reports robust Q1 performance and strategic growth focus

Avantax Inc (AVTA) delivered a strong Q1 2023 performance with record-setting net asset flows and revenue growth.
The company showcased financial stability, successful growth strategies, and prudent capital allocation decisions.
Challenges include sustaining growth momentum, navigating acquisitions, and optimizing cost management strategies.
Opportunities for Avantax include expanding advisory assets, strategic partnerships, and driving innovation for future growth.

Avantax Inc (AVTA) reports robust Q2 performance and growth strategies

Avantax Inc (AVTA) delivered a strong performance in Q2 2023 with positive net asset flows and operational excellence.
The company's strategic acquisitions, focus on recruitment, and risk management initiatives position it well for future growth.
While facing inquiries and operational challenges, Avantax remains committed to innovation, efficiency, and transparency for sustained success.

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Blucora is a provider of Internet-related services that operates a diverse group of Internet businesses. Its aim is to deliver long-term value to its customers, partners, and shareholders through financial discipline, operational expertise, and technology innovation.    Recently, Blucora was named one of Fortune Magazine's 100 Fastest-Growing Companies. Its online businesses reach millions of users worldwide every day.   Founded in 1996 by Naveen Jain, Blucora is headquartered in Bellevue, Washington.

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes independent financial advisor Andrew Erickson, CFP® CEPA®, founder of ClearGuide Wealth LLC. Based in the Chicagoland area, Erickson transferred to Avantax after eight years with Edward Jones, where he had approximately $143 million in client assets under administration as of July 30, 2024*. Erickson joined Avantax because of.

Avantax Welcomes Independent Financial Advisor Andrew Erickson

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, conducted its largest-ever National Conference in San Diego attended by more than 1,300 Financial Professionals, Wealth Management Assistants, Home Office staff, and Partners. Kicking off the conference – themed “Charting the Course” – Avantax Wealth Management President Andy Watts, CFP®, reminded attendees that the core of the Avantax.

Avantax National Conference Focuses Financial Professionals on Evolving from Fiduciary to Stewardship Relationships with Clients

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes independent financial advisor Carolyn Bare, founder of Trust Matters Financial, a wealth management firm that prioritizes working with small-business owners and clients who want legacy planning and wealth transfer advice. Based in Greenville, South Carolina, Bare has more than 16 years of licensed experience in the financial s.

Avantax Welcomes Independent Financial Advisor Carolyn Bare, Founder of Trust Matters Financial

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes several new independent financial advisors who have affiliated with Avantax to help strengthen their ability to offer clients comprehensive tax-intelligent financial services. Financial Professionals transferring to Avantax want the tax-intelligent tools, technology, resources and Home Office support needed to help clients pur.

Avantax Welcomes New Independent Financial Advisors with approximately $390 Million in Combined Assets

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, has acquired SEP Financial Services, founded by veteran independent financial advisor Stephen E. Plain, who's been affiliated with Avantax for 25 years. Plain chose to evolve his relationship with Avantax as the core to his succession plan, which involves his practice and clients transitioning to Avantax Planning Partners℠ (APP), the e.

Avantax Acquires SEP Financial Services from Veteran Independent Financial Advisor Stephen E. Plain

DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes financial advisor Ali Kazemi, a seasoned professional with more than 30 years of financial services experience. Based near San Francisco, Kazemi has been an independent financial professional since 2009. He was previously affiliated with LPL Financial where he had approximately $60 million in client assets under administration.

Avantax Welcomes Veteran Financial Advisor Ali Kazemi and His Northern California-Based Sentinel Financial Group

DALLAS, July 23, 2024 (GLOBE NEWSWIRE) -- Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes financial advisors Josh Linton, CPFA® and Mike Koltz, CPFA® , and their director of operations and client services Danielle Boutwell, CPFA® . Linton and Koltz, founders of Noble Oak Financial, were previously affiliated with LPL Financial and had approximately $300 million in client assets under administration as of December 2023*.

Avantax Wealth Management Welcomes Noble Oak Financial

DALLAS, July 17, 2024 (GLOBE NEWSWIRE) -- Avantax® Inc., a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes financial advisors John Surace, Kelly Powers and their S&P Financial Services team, based in Hauppauge, New York, in the heart of Long Island. Transferring to Avantax from Osaic, the team has approximately $150 million in client assets under administration as of June 2024*.

Avantax Welcomes Long Island-based S&P Financial Services with Approximately $150 Million in Client Assets

DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Avantax®, Inc., a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, announced today that it has been recognized as a finalist in the 2024 Wealth Management Industry Awards (“Wealthies”)* for Practice Management among broker-dealers with 1,000 or more advisors. Now in its 10th year, the annual WealthManagement.com Industry Awards honors the individuals, organizations and companies that help financial advisors build better businesses and create better outcomes for their clients.

Avantax Named Finalist in Practice Management Category at the 2024 WealthManagement.com “Wealthies” Industry Awards

DALLAS, June 04, 2024 (GLOBE NEWSWIRE) -- Avantax® Inc., a leader in tax-focused financial planning and wealth management, welcomes Erin Hinzmann who joined Avantax Wealth Management (Avantax) via Alliance Wealth Strategies LLC. Hinzmann was previously affiliated with Ameriprise Financial and had approximately $120 million in client assets under administration as of May 2024*.

Avantax Wealth Management Welcomes Financial Advisor Erin Hinzmann

DALLAS, May 16, 2024 (GLOBE NEWSWIRE) -- Avantax® Inc., a leader in tax-focused financial planning and wealth management, has acquired GA Investment Management (GA). The Pennsylvania-based wealth management firm was not previously affiliated with Avantax.

Avantax Acquires GA Investment Management Adding 10-person, $400-Million Practice to Avantax's Employee-based Model

DALLAS, May 01, 2024 (GLOBE NEWSWIRE) -- Avantax® Inc., a leader in tax-focused financial planning and wealth management, has acquired the wealth management business of Integrated Tax & Wealth Strategies, an independent wealth management firm that is one of the largest businesses within the Avantax Community, with $760 million in total client assets, as of Dec. 31, 2023. Integrated Tax & Wealth Strategies' founder – highly successful independent financial advisor Brian Stephens – will continue with the tax practice.

Avantax Acquires Integrated Tax & Wealth Strategies' $760 Million Wealth Management Business

Avantax to operate as a unique community within Cetera Holdings, bringing more than 3,100 financial professionals and over $82 billion in assets to Cetera Acquisition further expands Cetera's tax and wealth management offerings and represents core component of Cetera's growth strategy DALLAS and LOS ANGELES , Nov. 27, 2023 /PRNewswire/ -- Avantax, Inc. (NASDAQ: AVTA) and Cetera Holdings, the holding company of Cetera Financial Group, announced today the successful completion of Cetera's acquisition of Avantax. Avantax is now a unique community within the Cetera family with 3,111 financial professionals, representing $82.3 billion in assets under administration and $42.0 billion in assets under management, as of September 30, 2023.

Cetera Holdings Announces Close of Avantax Acquisition

Focused on growth and expanding partnerships with tax professionals, Heims and Gnoinski bring their New York-based Lincoln Sparrow Advisors team to Avantax from SagePoint Financial Focused on growth and expanding partnerships with tax professionals, Heims and Gnoinski bring their New York-based Lincoln Sparrow Advisors team to Avantax from SagePoint Financial

Avantax Welcomes Financial Advisors Joshua Heims and Alan Gnoinski with Nearly $100 Million in Total Client Assets

The event's “Profound Approach, Enduring Impact” theme reflects how independent Avantax Financial Professionals' tax-intelligent approach to financial planning changes clients' lives The event's “Profound Approach, Enduring Impact” theme reflects how independent Avantax Financial Professionals' tax-intelligent approach to financial planning changes clients' lives

Avantax Hosts its Largest-Ever National Conference as Attendees Gather in Chicago, Showcasing the Peer-to-Peer Power of the Avantax Community

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Nearly $564 million in third quarter newly recruited assets more than doubles the year-ago quarter Nearly $564 million in third quarter newly recruited assets more than doubles the year-ago quarter

Avantax Posts Record Newly Recruited Assets as Advisor Appetite for Joining the Tax-Focused Avantax Community Keeps Growing

DALLAS, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of technology-enabled, tax-intelligent financial solutions, today announced financial results for the third quarter ended September 30, 2023.

Avantax Reports Third Quarter 2023 Results

Avantax (AVTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avantax (AVTA) Earnings Expected to Grow: Should You Buy?

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Avantax, Inc. (NasdaqGS: AVTA) to Cetera Holdings. Under the terms of the proposed transaction, shareholders of Avantax will receive $26.00 in cash for each share of Avantax that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the conside.

AVANTAX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avantax, Inc. - AVTA

One year after transferring to Cambridge Investment Research, Inc., Watson rejoins Avantax to regain the benefits of its tax-centric platform, technology and Home Office One year after transferring to Cambridge Investment Research, Inc., Watson rejoins Avantax to regain the benefits of its tax-centric platform, technology and Home Office

Financial Advisor Aaron Watson Returns to Avantax, Joined by Public Accounting Partner Lee MacBay Hamilton & Associates, LLC

25-year industry veteran advisor attracted by close-knit Avantax Community, ease of doing business, and opportunities to partner with CPAs in the Avantax network 25-year industry veteran advisor attracted by close-knit Avantax Community, ease of doing business, and opportunities to partner with CPAs in the Avantax network

Avantax Welcomes Financial Advisor Bob Ervolina and his New York-based Lifetime Wealth Management Group

DALLAS, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, has the second-highest ratio of women as a percentage of producing reps – 24% – when compared with all other broker dealers in Financial Planning magazine's IBD Elite 2023 study. Avantax's ratio of women Financial Professionals also compares favorably to the industry average of 18% (Dec. 31, 2020, Cerulli Lodestar data).

Avantax Has Second-Highest Ratio of Women Advisors Among Broker-Dealers in Financial Planning's IBD Elite 2023 Study

On Monday, Avantax announced it has agreed to be acquired by Cetera Holdings in an all-cash transaction worth $1.2 billion. The deal still requires approval from shareholders and regulators, but is expected to close by the end of 2023.

Why Avantax Stock Soared 29% This Week

NEW YORK , Sept. 11, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Avantax, Inc. (NASDAQ: AVTA) and its board of directors concerning the proposed acquisition of the company by Cetera Holdings.

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