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Avantax is a tax-focused independent broker-dealer in the United States. On November 28, 2023, Cetera completed the acquisition of Avantax.[2]
 | |
| Company type | Private |
|---|---|
| Industry | Financial services |
| Headquarters | , United States |
Area served | United States |
Key people | Todd Mackay (President) |
| Revenue | $666 Million |
| AUM | US$ $92+ billion (2020)[1] |
Number of employees | Approx. 727 |
| Parent |
|
| Website | avantax |
History
editAvantax (originally Blucora, Inc.) was formed in 1996 as a Delaware corporation. Significant recent events in Avantax’s history include:
| Year | Event |
|---|---|
| 2015 | Blucora announces acquisition of HD Vest[3] |
| 2019 | Avantax closed the acquisition of all the issued and outstanding common stock of 1st Global, a tax-focused wealth management company. |
| 2020 | Avantax acquired all of the issued and outstanding common stock of HFKS. |
| 2021 | Avantax announced the rebranding of HKFS to Avantax Planning Partners. |
| 2023 | Avantax changed its corporate name from Blucora, Inc. to Avantax, Inc. |
References
edit- ^ "About — Avantax® Wealth Management".
- ^ "Cetera Completes Acquisition of Avantax". CPA Practice Advisor. Retrieved 2023-07-17.
- ^ "HD Vest Announces Agreement to be Acquired by Blucora, Inc". Cision PR Newswire. 14 October 2015. Retrieved 10 August 2020.