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TMCNet:  Industry Leaders Collaborate on Growth Solutions for Tax Professionals

[November 13, 2017]

Industry Leaders Collaborate on Growth Solutions for Tax Professionals

IRVING, Texas, Nov. 13, 2017 /PRNewswire/ -- HD Vest Financial Services®, the pioneer of tax-smart wealth management services, announced today an opportunity to offer its industry-leading financial advisor support model to Drake Software's tax software users. HD Vest's efforts with Drake, a leading provider of professional tax software known for best-in-class customer support, will create a more seamless experience for their more than 1,000 shared tax professionals and financial advisors, and encourage the rest of Drake's 50,000+ tax software users to explore tax-focused financial services as a way to expand their practice.

HD Vest Financial Services

"We are focused on building out innovative solutions that enable our advisors and tax professionals to provide holistic wealth management for their clients. Working with Drake to offer these solutions to their clients demonstrates our commitment to this goal," said Bob Oros, CEO of HD Vest Financial Services. "Our advisors benefit from direct integrations that streamline and strengthen their tax services, further enabling them to move taxes to the center of the financial planning and wealth management conversation."

Using HD Vest's services in combination with Drake's tax preparation software, Drake Tax, provides an additional source of client and recruitment leads for advisors and tax professionals, giving a opportunity for them to save time and optimize their client service ahead of the upcoming tax season.

"Tax professionals are perfectly positioned to offer financial counsel to their clients." said John Sapp, VP of Strategic Development at Drake Software. "We look forward to educating our clients on how HD Vest's proven advisor model can help them expand their service offering and grow their practice."

About HD Vest Financial Services
Since its inception in 1983, HD Vest Financial Services® has supported an independent network of tax professionals and financial advisors who provide comprehensive financial services including planning, securities, insurance, money management services, and banking solutions. The firm has over 4,400 independent advisors, who manage over $40 billion in assets for individuals, families and small businesses in all 50 states.1 HD Vest Investment Services is ranked as one of the top 15 independent broker-dealer firms.2 To learn more about HD Vest, a business of Blucora, Inc. (NASDAQ: BCOR), visit  

About Drake Software
For 40 years, Drake has provided tax preparers with fast, reliable software to prepare and file both federal and state tax returns. Today, over 55,000 tax offices use Drake Software. Using product evaluations, feedback from customers, and state-of-the-art programming, Drake continues to achieve its goals of customer satisfaction and product refinement. For more information, visit or call 800.890.9500.

1As of March 31, 2017
2Think Advisor 2016 Broker-Dealer Reference Guide, which measured/ranked the top 25 independent broker-dealers by annual revenue.

HD Vest Financial Services® is the holding company for the group of companies providing financial services under the HD Vest name.

Securities offered through HD Vest Investment ServicesSM, Member: SIPC, Advisory services offered through HD Vest Advisory ServicesSM, 6333 N. State Highway 161, Fourth Floor, Irving, TX 75038, (972) 870-6000

Media Contact:
Dana Taormina
(973) 850-7305


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SOURCE HD Vest Financial Services

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