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Avantax Inc - $AVTA STOCK NEWS

Welcome to our dedicated page for Avantax news (Ticker: $AVTA), a resource for investors and traders seeking the latest updates and insights on Avantax stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Avantax's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Avantax's position in the market.

Rhea-AI Summary
CFR Capital Group, a financial services firm with $120 million in client assets, joins Avantax due to its tax focus and technology. Avantax's culture and community also attracted CFR Capital Group. Avantax aims to support CFR Capital Group's growth plans and enhance client service.
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End-of-Day
-1.49%
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Rhea-AI Summary
Avantax named finalist in WealthManagement.com 2023 Industry Awards for Service Excellence among broker-dealers with 1,000+ advisors. Transformation efforts led to operational improvements, lower NIGO rates, decreased call volume, improved paperwork processing efficiency, shorter call hold times, and higher Net Promoter Scores. Commitment to service transformation drove company's overall performance in 2022. Winners to be announced on Sept. 7.
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1.47%
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Rhea-AI Summary
Avantax acquires Summit Wealth Advocates, a wealth management firm with $330 million in assets
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Rhea-AI Sentiment
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-0.2%
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Rhea-AI Summary
Avantax welcomed over 100 independent Financial Professionals in the first two quarters of 2023, attracting both established wealth managers and newly licensed tax professionals. The company offers superior service, innovative growth support, and peer-to-peer collaboration through the Avantax Community. In the second quarter, Avantax reported approximately $141 million in newly recruited assets and 50 new affiliated Financial Professionals. The company's tax focus and technology, as well as its transition team, were key factors in attracting professionals like Frank Calise and John Weller. Avantax is also successfully recruiting accounting firms and expects more affiliates in 2023.
Rhea-AI Impact
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-2.91%
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Rhea-AI Summary
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-10.69%
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Rhea-AI Summary
Avantax, Inc. (NASDAQ: AVTA) to announce second quarter 2023 financial results on August 9, 2023, followed by a conference call on August 10, 2023. The company, a leading provider of tax-focused wealth management services, aims to discuss its results, outlook, and other business items during the call. The webcast will be available on the Avantax corporate website.
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-0.04%
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0.68%
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Rhea-AI Summary
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0.42%
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Avantax Inc

Nasdaq:AVTA

AVTA Rankings

AVTA Stock Data

Data Processing, Hosting, and Related Services
Information
Link
United States
Dallas

About AVTA

about blucora™ blucora, inc. (nasdaq: bcor) operates a diverse group of internet businesses. its mission is to deliver long-term value to its customers, partners and shareholders through financial discipline, operational expertise, and technology innovation. recently named one of fortune® magazine's 100 fastest-growing companies, blucora's online businesses reach millions of users worldwide every day. blucora is headquartered in bellevue, washington. for more information, please visit www.blucora.com.