Dallas, May 18, 2023 (Globe Newswire) — Avantux®Inc., a leader in tax-focused financial planning and wealth management, today announced the expansion of its business development team. Bruce Tucky and Dave Renko As a Regional Recruitment Director. The expansion of the team follows record achievements with approximately $1.7 billion in newly hired assets for the full year 2022, an increase of approximately 79% over 2021.
The new recruiting directors will leverage their experience and connections to spearhead strategic growth in their respective regions. In addition to recruiting independent financial professionals, they will also lead the recruiting efforts for his RIA of Avantax’s employee base, which Avantax calls Avantax Planning Partners℠ (APP). Avantax partners with accounting firms to provide accounting firm clients with comprehensive wealth management services including financial planning, advisory services and retirement solutions. Complemented by organic growth, APP’s total customer assets grew to over $7 billion (as of March 31, 2023).
“Our tax-focused approach has attracted record numbers of financial professionals and has proven attractive to talented and experienced recruiters from the largest broker-dealers. Because with Avantax, we can share our differentiated, tax-intelligent value proposition,” he said. Tim Stewart, CFP®Vice President and Head of Business Development with Avantux. “We are thrilled to welcome Bruce and Dave to our family. They are enthusiastic about identifying independent financial professionals and accounting firms that would be a great addition to the Avantax community.”
Mr. Stewart and his business development team are excited to welcome our next recruiting professional.
- Dave RenkoCharlotte, NC.: Renko joined Avantax as Director of Regional Recruitment for the Southeast. With his 30 years of experience in the industry, Renko brings a competitive approach to the team. He has held positions at Woodforest National Bank, Morgan Stanley, Bank of America, Canon Financial Institute and most recently as a Senior Recruiter at Cetera.
Mr. Renko said: “Working with a CPA has been a wonderful experience given the deep trust they have built with their clients during my previous life as an advisor. Avantax’s approach to integrating financial planning and tax services. is truly distinctive and valuable, and I look forward to mentoring advisors looking to work with asset managers and CPAs to help them identify partnership models that align with their business and life goals. ”
- Bruce Tucky, Detroit, mummy: Tucky joined Avantux as Director of Regional Recruitment, recruiting financial advisors, certified public accountants, registered agents and tax professionals for the Great Lakes region. With his 40+ years of experience in accounting and financial services, from 2011 until 2019 he served as Regional Director of Business Development for LPL Financial. He is a Chartered Accountant and has acted as financial advisor to PNC Investments and Merrill Lynch.
“I’ve enjoyed a variety of careers as a tax officer, CPA, CFO, financial advisor, and now working as a recruiter,” says Tucky. “That is why he is excited to join Avantax, a pioneer in providing solutions and executive support to these communities. I have.”
In their new positions, Tucky and Renko will report directly to Laurie Stack, Vice President of Business Development at Avantax. They guide financial professionals ready to join a strong Avantax community that grows their business and encourages education and development. Over the past 40 years, Avantax has helped thousands of financial professionals pave the way to independence as part of the Avantax network. Tax and finance professionals can learn more about his Avantax by clicking here.
Avantax, Inc. (NASDAQ: AVTA) provides tax-focused financial planning and wealth management solutions to financial professionals, tax professionals and CPA firms, providing a comprehensive tax-focused financial We support our goal of minimizing our clients’ tax burden through planning. There are two different but related models within our business: the independent financial expert model and the employee-based model. We call our independent financial professional model Avantax Wealth Management.®. Avantax Wealth Management provides services through registered broker-dealers, registered investment advisors (RIAs), and insurance agency subsidiaries, with a US tax focus working with a national network of financial professionals acting as independent contractors. is a leading independent broker-dealer with a We call our employee-based model Avantax Planning Partners℠. Avantax Planning Partners partners with CPA firms, serving through RIAs and insurance agencies, to provide consumer and small business clients with comprehensive financial planning and advisory services. In total, as of March 31, 2023, we had total client assets of approximately $80.6 billion. For more information on Avantax, please visit: www.avantax.com.
Avantax Co., Ltd.
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