HD Vest Investment Services

HD Vest Investment Services

A subsidiary of Blucora, Inc.

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6333 N. State Highway 161

Irving, TX 75038

(800) 821-8254

hdvest.com

No. advisers: 4,597

AUM: $38,664,000,000

Year founded: 1983

Year end: Dec. 31

No. of retail offices: 3,875

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Additional data available to subscribers:
  • No. of reps, male
  • No. of reps, female
  • No. of producing reps, male
  • No. of producing reps, female
  • No. of reps producing $500K+ /year
  • No. of CFPs
  • No. of full-time employees
  • No. of fee-based advisers served
  • Average payout per rep, per year
  • Avg. annual production of top 20% reps
  • Total payout, per year
  • Cost of E&O insurance per rep, per year
  • Affiliation fees charged per rep, per year
  • Affiliation fee coverage
  • Securities revenues
  • Securities revenues: Stocks
  • Securities revenues: Bonds
  • Securities revenues: ETFs
  • Securities revenues: Other
  • Mutual fund revenues
  • Annuities revenues
  • Annuities revenues: Fixed
  • Annuities revenues: Variable
  • Annuities revenues: Other
  • Insurance revenue
  • Insurance revenues: Life
  • Insurance revenues: Disabilities
  • Insurance revenues: LTC
  • Insurance revenues: Other
  • Alternative revenues
  • Alternative revenues: Hedge funds
  • Alternative revenues: Managed futures
  • Alternative revenues: Private placements
  • Alternative revenues: REITs
  • Alternative revenues: Other
  • Other commission revenues
  • Fee revenues: Rep-managed accounts
  • Fee revenues: Firm-managed accounts
  • Fee revenues: Outside-managed accounts
  • Fee revenues: Other
  • Fee-based assets: Clearing firm
  • Fee-based assets: Advisory firm platforms
  • Fee-based assets: Third-party money managers
  • Fee-based assets: Other
  • Is the firm, or an affiliate of the firm, registered as an investment adviser with the SEC?
  • Allows an adviser to have his/her own RIA
  • RIA platform AUM
  • Offers robo-advisory platform?
  • If not, when plans to offer a robo-platform
  • Robo-advice services offered
  • How robo-platform developed
  • Charge for robo-advisory services?

For More Information

CEOBob Oros, Roger Ochs
Recruiting ContactTim Stewart
972.870.6142
E-mail

Ruth Papazian
(972) 870-6510
E-mail
Compliance ContactCasey Griffin
(972) 870-6623
E-mail
Marketing ContactLisa Rhatigan
319.431.7221
E-mail
Technology Operations ContactNeal Heifetz
(972) 870-6333
E-mail

Recruitment & Staffing

2016 2015 2014
No. of reps4,5974,6054,515
No. of producing reps3,0002,7282,756
No. of reps producing $100K-$499K /year582589576
2016 2015 2014
Total revenues$316,566,822$319,739,319$304,854,193
Commission revenues$150,124,551$156,942,516$152,344,362
Fee revenues$129,416,411$129,433,912$120,184,882
Total revenues: Other$37,025,860$33,362,891$32,324,949
2016 2015 2014
Total account assets$38,664,000,000$36,573,766,260$37,132,756,957
Fee-based assets$10,397,100,000$10,053,140,868$9,552,876,234
Total account assets: Other$28,266,500,000$26,881,552,730$27,579,880,723
Average assets per rep$8,410,703$7,942,186$8,224,309

Top clearing and custody firms for financial advisers

August 7, 2017 - CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399 pershing.com/who-we-serve/broker-dealers...

Top independent broker-dealers by revenue and payout

April 23, 2017 - Top 50 IBDs ranked by 2016 revenue Bubble view By group Table view Firm 2016 revenue ($M) % change vs. 2015 2016 commission revenue ($M) % change vs. 2015 2016 fee revenue ($M) % change vs. 2015 2016 other revenue ($M) % change vs. 2015 1 LPL Financial...

Robo-adviser frenzy: Apocalypse or rerun?

March 16, 2015 - In the independent financial advice industry, as in many other sectors, the rise of new technologies often leads to fevered discussions that the “old models” of doing business are about to become obsolete. With the rapid proliferation of so-called...

Four top lessons for financial advisers from this year's tax sticker shock

June 5, 2014 - One topic that was a focal point at CONNECT14, the annual HD Vest national conference is the extent to which many clients, both affluent and mass affluent, were caught off guard by the checks they had to write to the Internal Revenue Service this year,...

Largest independent broker-dealer holding companies

January 17, 2014 - Holding company IBD subsidiary 2013 2012 % change LPL Financial Holdings Inc. LPL Financial LLC 13,553 13,155 3.0% Ameriprise Financial Ameriprise Financial Services Inc. 7,526 7,449 1.0% Cetera Financial Group Cetera Advisor Networks, Cetera Financial...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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