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Home > Company Index > Financial Services > Asset Management > H.D. Vest, Inc.

H.D. Vest, Inc.
 NEWS FROM THE STANDARD
IRS Begs, Bribes Taxpayers to E-File
Jan 14 2000 12:00 AM PST

 PROFILE
Financial services firm H.D. Vest, through its brokerage and investment advisory divisions, manages a network of some 6,000 tax professionals that offer asset management services and sell insurance to individuals and businesses. Subsidiary H.D. Vest Investment Securities is a registered broker-dealer in all 50 states, the District of Columbia, and Puerto Rico. Securities offered include mutual funds and unit investment trusts, which together account for more than half of revenues. Fee-based investment consulting services are provided through H.D. Vest Advisory Services. H.D. Vest also offers online income tax filing via its Web site. Wells Fargo bought the company in 2001.

 COMPETITION
The Charles Schwab Corporation (SCH)
Citigroup Inc. (C)
The Vanguard Group, Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 193.80
1-Yr. Sales Growth: 30.4%
Employees: 375
Revenue per employee: $516,800.00

 KEY PEOPLE
• Herb D. Vest
    CEO
• W. Ted Sinclair
    CFO

 CONTACT INFO
6333 N. State Hwy. 161, 4th Fl.
Irving, TX 75038
US
Phone: 972-870-6000
Fax: 972-870-6128
Online: Web Site

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