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.

Avantax continues to post record result s in revenue, net new assets and percentage of total client assets held in advisory accounts. Also, for the first time in 7 years, the Company p osted organic growth in our FP cou nts.

Avantax Reports First Quarter 2023 Results

A successful and growth-minded financial advisor, Pardo chose Avantax for its tax-focused approach to wealth management, specialized Home Office support teams, and deep network of CPAs and tax professionals A successful and growth-minded financial advisor, Pardo chose Avantax for its tax-focused approach to wealth management, specialized Home Office support teams, and deep network of CPAs and tax professionals

Avantax Welcomes Walter Pardo and His New Jersey-based Wealth Financial Partners Team

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.

Analysts Estimate Avantax (AVTA) to Report a Decline in Earnings: What to Look Out for

DALLAS, April 24, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of tax-focused wealth management services, that empowers people to improve their financial wellness, will announce its first quarter 2023 financial results following market close on Monday, May 8, 2023.

Avantax to Announce First Quarter 2023 Financial Results Monday, May 8, 2023

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DALLAS, March 01, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of technology-enabled, tax-focused financial solutions, earlier announced the final results of its modified “Dutch auction” tender offer for up to $250 million of its common stock at a price per share not less than $27.00 and not more than $31.00, which expired at 12:00 midnight, New York City time, at the end of the day on February 24, 2023. In that announcement, the Company indicated that it would purchase approximately 93.9% of the shares of stockholders who submitted auction tenders at a price of $30.00 or less per share and purchase price tenders (other than “odd lot” holders, whose shares will be purchased on a priority basis). The actual proration factor for the tender offer will be 97.2%.

Avantax Announces Corrected Probation Factor for Modified Dutch Auction Tender Offer

Financial Professionals are joining Avantax to differentiate and grow their practices by adopting Avantax's tax-advantaged approach to financial planning and wealth management Financial Professionals are joining Avantax to differentiate and grow their practices by adopting Avantax's tax-advantaged approach to financial planning and wealth management

Avantax Sets Record with Approximately $1.7 Billion in Full-Year 2022 Newly Recruited Assets, up Approximately 79% from the Prior Year

Avantax, Inc. (NASDAQ:AVTA ) Q4 2022 Earnings Conference Call February 16, 2023 8:30 AM ET Company Participants Dee Littrell - IR Chris Walters - CEO Marc Mehlman - CFO Conference Call Participants Josh Siegler - Cantor Fitzgerald Daniel Kurnos - The Benchmark Company Alex Paris - Barrington Research Operator Hello and welcome to the Avantax Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Avantax, Inc. (AVTA) Q4 2022 Earnings Call Transcript

DALLAS, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the fourth quarter ended December 31, 2022.

Avantax Reports Fourth Quarter 2022 Results

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DALLAS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning, today announced the appointment of Melissa Loner, AIF® as Vice President and Chief Compliance Officer.

Avantax Appoints Melissa Loner as Chief Compliance Officer

DALLAS, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of tax-focused wealth management services, that empowers people to improve their financial wellness, will announce its fourth quarter 2022 financial results following market close on Wednesday, February 15, 2023.

Avantax to Announce Fourth Quarter 2022 Financial Results Wednesday, February 15, 2023

DALLAS, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA) (formerly known as Blucora, Inc., the “ Company ”) announced today that it has commenced a modified “Dutch auction” tender offer (the “ Tender Offer ”) to purchase for cash up to $250 million of its common stock, par value $0.0001 per share (“ Common Stock ”), at a price per share not less than $27.00 and not greater than $31.00, less any applicable withholding taxes and without interest, using proceeds from the Company's recent sale of its tax software business, which closed on December 19, 2022, and borrowings under the Company's credit facility. The Tender Offer will expire at 12:00 midnight, New York City time, at the end of the day on February 24, 2023, unless extended or terminated.

Avantax, Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $250 Million of its Common Stock

DALLAS, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA) (formerly known as Blucora, Inc. (NASDAQ: BCOR)), a leading provider of tax-focused wealth management services, today announced that Tabitha Bailey has been appointed Chief Legal Officer and Corporate Secretary, succeeding Ann J. Bruder, who has stepped down from her role as Chief Legal, Development and Administration Officer after nearly six years in the role. Ms. Bruder has agreed to continue to work with Avantax in a consulting role through the end of June to support the transition.

Avantax Announces Appointment of Tabitha Bailey as Chief Legal Officer and Corporate Secretary

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