Avantax, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Christopher W. Walters
- Full Time Employees
- 727
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3200 Olympus Boulevard Coppell TX United States of America 75019
- IPO Date
- Dec 15, 1998
- CIK
- 0001068875
- Website
- avantax.com
- Similar Companies
- Business
- Avantax, Inc. (AVTA) provides integrated tax-focused wealth management services and software to financial professionals, tax experts, certified public accountants, consumers, small business owners, and their clients. Founded in 1983 by a CPA and headquartered in Coppell, Texas, the company operates nationwide across all 50 U.S. states through two primary models: the independent Financial Professional model under Avantax Wealth Management, which delivers services via its registered broker-dealer, registered investment advisor (RIA), and insurance agency subsidiaries; and the employee-based model under Avantax Planning Partners, which partners with CPA firms to offer holistic financial planning and advisory services to consumers and small businesses. Core offerings include tax-advantaged planning and investing tools; comprehensive wealth management platforms encompassing technical, compliance, operations, sales, and product support; financial planning and advisory services; retirement plan solutions; digital tax preparation solutions; and tax-intelligent processes designed to minimize taxes, maximize wealth, increase cash flow, and optimize long-term financial outcomes for families, individuals, and small businesses, with over $92 billion in total client assets under administration as of late 2023. In recent developments, Avantax, a subsidiary of Cetera Holdings (Arotec Group, Inc.) following its 2023 acquisition, expanded its employee-based model through the May 2024 acquisition of Integrated Tax & Wealth Strategies' $760 million wealth management business, integrating its advisors as W-2 investment adviser representatives while retaining the firm's tax practice leadership; and the subsequent acquisition of GA Investment Management's $400 million, 10-person practice, enhancing its tax-centric planning capabilities and advisor network. These strategic moves complement Avantax's history of unification, including the 2019 merger of HD Vest and 1st Global and the 2020 addition of HK Financial Services, supporting growth for over 3,000 financial professionals. The company continues to prioritize tax-intelligent innovation, leveraging advanced tools and platforms to differentiate in the wealth management sector.
Avantax Welcomes Multi-Generational Firm Brazzel Wealth Management, With Approximately $80 Million in Assets Under Administration
Avantax Welcomes Independent Financial Advisor Andrew Erickson
Avantax National Conference Focuses Financial Professionals on Evolving from Fiduciary to Stewardship Relationships with Clients
Avantax Acquires SEP Financial Services from Veteran Independent Financial Advisor Stephen E. Plain
Avantax Wealth Management Welcomes Noble Oak Financial
Avantax Welcomes Long Island-based S&P Financial Services with Approximately $150 Million in Client Assets
Avantax Named Finalist in Practice Management Category at the 2024 WealthManagement.com “Wealthies” Industry Awards
Avantax Wealth Management Welcomes Financial Advisor Erin Hinzmann
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