Putting its money where its mouth is, Avantax Investment Services Inc. substantially boosted its spending on recruiting experienced financial advisers in 2021, reporting to the Securities and Exchange Commission at the start of the month that it had issued $22 ...

Blucora Inc. Wednesday reported an 9.4% decline for 2021 in the number of financial advisers registered with Avantax, its broker-dealer and registered investment adviser business, which focuses on tax professionals and accountants. But executives said in a conference call with ...

The Securities and Exchange Commission said on Monday it had reached an agreement with 1st Global Advisors Inc., now known as Avantax Advisory Services Inc., to pay a $16.9 million penalty over not revealing conflicts stemming from marketing fees paid ...

First Oklahoma Advisory Group, which manages nearly $240 million in Tulsa, Oklahoma, and Dahle’s Financial Services, which manages $110 million in West Jordan, Utah, have switched affiliations from Avantax to Cetera. The two practices, each of which had been affiliated ...

First Legacy Wealth Management, a three-adviser team managing $400 million, has switched its broker-dealer affiliation and corporate registered investment adviser platform from Avantax Investment Services, part of Blucora, to LPL Financial. InvestmentNews wants to hear from you! Please take a ...

Blucora Inc. Wednesday reported a 7% year-over-year decline in the number of financial advisers registered with its broker-dealer and registered investment adviser business, Avantax, but said adviser productivity, in term of revenue per adviser during the quarter, increased 49% on ...

Avantax, the wealth management arm of Blucora, a Dallas-based financial technology firm, has agreed to acquire Parsippany, New Jersey-based Headquarters Advisory Group, a registered investment adviser managing approximately $1.1 billion in assets. The transaction, terms of which were not disclosed, ...