| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/29/2023 | Outperform | William Blair |
William Blair resumed coverage of Avantax with a rating of Outperform
DALLAS, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of technology-enabled, tax-intelligent financial solutions, today announced financial results for the third quarter ended September 30, 2023. Third Quarter Highlights and Recent Developments Reported total revenue of $192.3 million for the third quarter. This represents an increase of 16.5% compared to the third quarter of the prior year.Continued to deliver net positive asset flows for the seventh consecutive quarter with approximately $673.0 million for the third quarter.Ended the third quarter with total client assets of $82.3 billion, $42.0 billion of which were advisory assets, representing 51.
DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, has acquired Summit Wealth Advocates (Summit), a Minnesota-based wealth management firm with approximately $330 million in total client assets as of June 30, 2023. Prior to the acquisition, Summit was not affiliated with Avantax. "We are in growth mode, and I was looking for a partner who would give us the potential to grow faster by getting even deeper into client service. That's exactly what Avantax delivers," said Bruce Primeau, CPA, CFP®, PFS, who founded Summit in 2010. "As a financial advisor that also has a CPA, taking a tax-intelligent approach to financial plannin
DALLAS, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of technology-enabled, tax-intelligent financial solutions, today announced financial results for the second quarter ended June 30, 2023. Second Quarter Highlights and Recent Developments Reported total revenue of $186.9 million, a new record, for the second quarter. This represents an increase of 15% compared to the second quarter of the prior year.Continued to deliver net positive asset flows for the sixth consecutive quarter with approximately $390 million for the second quarter.Ended the second quarter with total client assets of $83.8 billion, $42.6 billion of which were advisory assets, repres
DALLAS, July 31, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of tax-focused wealth management services, that empowers people to improve their financial wellness, will announce its second quarter 2023 financial results following market close on Wednesday, August 9, 2023. A conference call for members of the investment community will be held on Thursday, August 10, 2023 at 8:30 a.m. ET during which the Company will discuss its second quarter 2023 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Avantax corporate website at https://investors.avantax.com. About Avantax® Ava
Avantax continues to post record results in revenue, net new assets and percentage of total client assets held in advisory accounts. Also, for the first time in 7 years, the Company posted organic growth in our FP counts. DALLAS, May 08, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the first quarter ended March 31, 2023. First Quarter Highlights and Recent Developments Avantax reported total revenue of $178.0 million, a new record, for the quarter. This represents an increase of 7% versus the first quarter of the prior year.Avantax continued to deliver net positive a
DALLAS, April 24, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of tax-focused wealth management services, that empowers people to improve their financial wellness, will announce its first quarter 2023 financial results following market close on Monday, May 8, 2023. A conference call for members of the investment community will be held on Tuesday, May 9, 2023 at 8:30 a.m. ET during which the Company will discuss its first quarter 2023 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Avantax corporate website at https://investors.avantax.com. About Avantax® Avantax, Inc. (
DALLAS, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the fourth quarter ended December 31, 2022. Fourth Quarter and Full Year 2022 Highlights and Recent Developments Following the close of the TaxAct sale in December, the Company changed its corporate name and ticker symbol to Avantax, Inc. and AVTA, respectively. In the fourth quarter and for the year, Avantax set record highs in many of its performance metrics.Avantax added over $401 million of newly recruited assets during the fourth quarter for a total of approximately $1.7 billion of newly recruited asse
DALLAS, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of tax-focused wealth management services, that empowers people to improve their financial wellness, will announce its fourth quarter 2022 financial results following market close on Wednesday, February 15, 2023. A conference call for members of the investment community will be held on Thursday, February 16, 2023 at 8:30 a.m. ET during which the Company will discuss its fourth quarter 2022 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Avantax corporate website at https://investors.avantax.com. About Avantax®
NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30: Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600. Banc of California Inc. (NYSE:BANC) is acquiring PacWest Bancorp in a deal expected to be completed soon, pending final closing conditions. Post-merger, Banc of California will remain in the S&P SmallCap 600. ICU Medical is more representative of the small-cap market space.WP Carey Inc. (NYSE: WPC) will replace Worthingt
DALLAS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, welcomed more than 150 independent Financial Professionals during the first three quarters of 2023 as advisor appetite remains high for aligning with Avantax's deep pool of tax professionals and accounting practices. "We had an incredible third quarter and I'm proud of how we continue attracting Financial Professionals, including licensed tax professionals; they're obviously seeing the value in Avantax having firmly planted our flag in tax-intelligent financial planning," said Tim Stewart, VP and Head of Business Development at Avantax. "We have kept strong traction with p
DALLAS, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning, today announced the appointment of Melissa Loner, AIF® as Vice President and Chief Compliance Officer. With more than 25 years of experience in the financial services industry, Loner has worked as a financial planner in addition to numerous corporate leadership roles. She has spent a significant portion of her career in the Home Office of various independent firms, working in due diligence, marketing, transitions, operations, supervision, compliance, and fiduciary services. "I am pleased to welcome Melissa who joins an energized Avantax leadership team committed to creating value for our Finan
Value Creation Plan outlines path for driving sustained value for all stakeholders, and illustrates Dye & Durham's track record of capital allocationDye & Durham's nominees have the right mix of skills, experience, and expertise to support the Company's long-term value and growth trajectoryCompany to hold Investor Briefing in early DecemberTORONTO, Nov. 12, 2024 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND) today announced the release of a detailed presentation to shareholders that outlines Dye & Durham's 'Value Creation Plan', to continue driving sustainable long term value for all stakeholders. The presentation reviews Dye & Durham's track record of allocating
Sonida Senior Living, Inc. ("Sonida" or the "Company") (NYSE:SNDA), a leading owner, operator and investor in senior living communities, announced today that Tabitha Bailey will be appointed senior vice president and chief legal officer, effective January 1, 2025, reporting to President and Chief Executive Officer, Brandon Ribar. Ms. Bailey will succeed David Brickman, who will be stepping down from his current role to pursue other opportunities after a distinguished, 32-year career with Sonida. In the interim, Mr. Brickman and Ms. Bailey will be working closely together to ensure a seamless transition. To assist through this period, the Company and Mr. Brickman have entered into a six-mont
NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30: Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600. Banc of California Inc. (NYSE:BANC) is acquiring PacWest Bancorp in a deal expected to be completed soon, pending final closing conditions. Post-merger, Banc of California will remain in the S&P SmallCap 600. ICU Medical is more representative of the small-cap market space.WP Carey Inc. (NYSE: WPC) will replace Worthingt
Avantax to operate as a unique community within Cetera Holdings, bringing more than 3,100 financial professionals and over $82 billion in assets to Cetera Acquisition further expands Cetera's tax and wealth management offerings and represents core component of Cetera's growth strategy DALLAS and LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- Avantax, Inc. (NASDAQ:AVTA) and Cetera Holdings, the holding company of Cetera Financial Group, announced today the successful completion of Cetera's acquisition of Avantax. Avantax is now a unique community within the Cetera family with 3,111 financial professionals, representing $82.3 billion in assets under administration and $42.0 billion in assets unde
DALLAS, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, welcomes Joshua B. Heims, AIF®, and Alan Gnoinski and their Lincoln Sparrow Advisors team to the Avantax Community. The financial advisors have approximately $100 million in total client assets as of September 2023. "We're very happy to have found Avantax because they have exactly what we need for our growth, which is an extensive network of CPAs and tax professionals, and we're looking forward to working with tax pros in our area," said Heims, founder and managing director of Lincoln Sparrow Advisors. "When it comes to tax-focused financial planning, the offerings at Avan
DALLAS, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Avantax® conducted its largest-ever National Conference in Chicago attended by more than 1,100 Financial Professionals, Wealth Management Assistants, Home Office staff, and Educational Partners. At the conference – themed "Profound Approach, Enduring Impact" – attendees heard about record-breaking performances during 2023, re-energized relationships, and learned how Avantax plans to support the continued growth of its Financial Professionals and their firms. This year's Avantax National Conference marked the firm's 40th business anniversary. During his opening remarks, Avantax Wealth Management President Todd Mackay lauded the Avantax Community an
DALLAS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, welcomed more than 150 independent Financial Professionals during the first three quarters of 2023 as advisor appetite remains high for aligning with Avantax's deep pool of tax professionals and accounting practices. "We had an incredible third quarter and I'm proud of how we continue attracting Financial Professionals, including licensed tax professionals; they're obviously seeing the value in Avantax having firmly planted our flag in tax-intelligent financial planning," said Tim Stewart, VP and Head of Business Development at Avantax. "We have kept strong traction with p
DALLAS, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ:AVTA), a leading provider of technology-enabled, tax-intelligent financial solutions, today announced financial results for the third quarter ended September 30, 2023. Third Quarter Highlights and Recent Developments Reported total revenue of $192.3 million for the third quarter. This represents an increase of 16.5% compared to the third quarter of the prior year.Continued to deliver net positive asset flows for the seventh consecutive quarter with approximately $673.0 million for the third quarter.Ended the third quarter with total client assets of $82.3 billion, $42.0 billion of which were advisory assets, representing 51.
DALLAS, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, welcomes back veteran financial advisor Aaron Watson who said he transferred back to Avantax after one year with another broker-dealer because he can better serve clients with Avantax's tax-centric platform. "I'm excited to rekindle my relationship with Avantax and to be back in the saddle with a broker-dealer who understands the value of tax-efficient investing," said Watson, who had been with Avantax for 23 years prior to his brief stint with Cambridge. "Other broker-dealer technology and platforms aren't tax-centric, and I can serve my clients better with Avantax; f
DALLAS, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Avantax®, a leader in tax-focused financial planning and wealth management, welcomes Bob Ervolina, J.D., Certified Wealth Strategist®, and his Lifetime Wealth Management Group, near Buffalo, NY. Ervolina transferred to Avantax from Securities America, a broker-dealer of Osaic (formerly Advisor Group) because he wanted to be part of a close-knit community of financial advisors and tax professionals. "I found the ease of doing business with Avantax attractive, and I really like their CPA network. Even though I've only been on board since August, the move to Avantax has been beneficial already," Ervolina said. "Avantax quickly introduced me to a CPA