About Avantax
Avantax is a company based in Dallas (United States) founded in 1983 was acquired by Cetera in September 2023. The company has 1,051 employees. Avantax has completed 7 acquisitions, including GA Investment Management, Gene Bell & Associates and GuideVine.
- Headquarter Dallas, United States
- Employees 1,051
- SectorsBusiness Services
- Phone•••• ••••
- Website avantax.com
- Social LinkedIn Facebook
- Acquired by Cetera (Sep 2023)
- Annual Revenue$666.5 M (USD)1as on Dec 31, 2022
- Net Profit$420.25 M (USD)5318as on Dec 31, 2022
- EBITDA$544 K (USD)101as on Dec 31, 2022
- Latest Funding Round$201.25 M (USD), Post-IPO
Mar 15, 2013
- Investors
- Employee Count1,051
- Investments & AcquisitionsGA Investment Management
& 6 more
- Acquired byCetera
(Sep 11, 2023)
Funding Insights of Avantax
- Total Rounds 1
- Last Round Post-IPO — $201.2M
- First Round $201.2M
(15 Mar 2013)
All 1 funding rounds of Avantax with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 15 Mar 2013 | $201.2M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Avantax
Avantax has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cetera.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial advisory services are offered to independent advisors and institutions. | 2010 | cetera.com | El Segundo, United States |
Investor details for Avantax
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Avantax
91 people are tracked at Avantax (31 in leadership, 60 in team); the tracked headcount is 1,051.
| Name | Role | Group |
|---|---|---|
Gene Bell | Director, Tax Smart Initiatives | Leadership |
Amresh Mohanlal | Director, Enterprise Data And Platforms | Leadership |
Samantha Dunn | Regional Director | Leadership |
Kevin Wentworth | Regional Director, Wealth Management Consultant, Growth Consulting | Leadership |
Jordan Harness | Chief Of Staff | Tax Channel | Leadership |
Carlyna Dowell | Director Regulatory Compliance | Leadership |
Laurie Stack | Regional Vice President, Tax Channel, Head Of AWAF | Leadership |
Dimple Trivedi | Head Of Procurement & Vendor Management | Leadership |
Nona Rosa | Director, Practice Management | Leadership |
Chris Nowell | Director Of Business Development | Leadership |
Kevin Fain | Director | Leadership |
Clint Brookshire | Managing Director, Community Leader | Leadership |
John McLaughlin | Regional Director, Enterprise Growth | Leadership |
Davin Carey | Regional Vice President, Financial Planning Consultant | Leadership |
Karen Collins | Director Of Transition Services | Leadership |
Jennifer Hutchins | Co-Chief Investment Officer | Leadership |
Ivan Gruhl | VP, Co-Chief Investment Officer | Leadership |
Michael Kobs | VP, Enterprise Relationships & Business Consulting | Leadership |
Al Prentice | Vice President | Leadership |
Steve Olsen | Regional Director At Avantax Wealth Management | Leadership |
71 more people are available in the full profile.
Complete people profiles for Avantax
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Avantax
Avantax has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include GA Investment Management, Gene Bell & Associates and GuideVine.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Investment management services are provided for retirement planning. | retirewithga.com | Butler, United States | 1989 | May 2024 | •••• | |
Investment management services are provided by Myitws.com to clients. | myitws.com | – | 2022 | May 2024 | •••• | |
Fee-only financial advisory firm helping clients refocus their time and energy on what matters most to them | summitwealthadvocates.com | Minneapolis, United States | 2010 | Aug 2023 | •••• | |
Provider of retirement planning services | genebellassociates.com | Bellingham, United States | 2000 | Feb 2022 | •••• | |
Wealth management and investment advisory services are provided to clients. | warnerfinance.com | Tamaqua, United States | 2019 | Nov 2021 | •••• | |
Diversified investment management is handled by the firm. | hqadvisorygroup.com | Parsippany Troy Hills, United States | 2014 | Aug 2021 | •••• | |
High net worth investors are matched with financial advisors online. | guidevine.com | New York, United States | 2013 | Mar 2021 | •••• |
Complete acquisition details for Avantax
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Avantax
10 dated milestones of Avantax across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Avantax is founded.
- Funding First funding round of $201.2M.
- Acquisition Acquires GuideVine.
- Acquisition Acquires Headquarters Advisory Group.
- Acquisition Acquires Warner Finance.
- Acquisition Acquires Gene Bell & Associates.
- Acquisition Acquires Summit Wealth Advocates.
- Exit Acquired by Cetera.
- Acquisition Acquires Myitws.com.
- Acquisition Acquires GA Investment Management.
Latest news on Avantax
Complete news archive for Avantax
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Avantax
10 companies that operate in the same segment as Avantax (Finance & Accounting Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Software-based tax filing services for individuals and small businesses | 1955 | Kansas City, Missouri, United States | – | USD 3.95 B | 70,100 | |
Business advisory, finance, and accounting services are provided to clients. | 1910 | Anchorage, Alaska, United States | USD 2.76 B | USD 54.77 M | 2,097 | |
Tax consulting services are provided to clients by Ryan. | 1991 | Dallas, Texas, United States | USD 317 M | USD 14.03 M | 1,111 | |
Provider of financial services | 1978 | Los Angeles, California, United States | USD 249.55 M | – | 1,736 | |
Accounting services are provided by Accordion to business clients. | 2009 | New York, New York, United States | USD 165 K | – | 351 | |
Cloud-based accounting software is offered for business operations. | 2002 | Tampa, Florida, United States | USD 24.33 M | – | 166 | |
Provider of financial management services | 1998 | Johannesburg, Gauteng, South Africa | – | USD 14.3 B | 44,916 | |
Financial services in insurance are provided to individuals and businesses. | 2019 | Jaipur, Rajasthan, India | USD 115.63 M | USD 55.59 M | 280 | |
Business advisory services | 1952 | Atlanta, Georgia, United States | – | – | 762 | |
Audit, tax, and advisory services are provided in the UK. | 1983 | Bolton, Greater Manchester, United Kingdom | USD 6.73 M | – | – |
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Frequently Asked Questions about Avantax
Avantax was founded in 1983 and raised its 1st funding round 30 years after it was founded.
Avantax is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Avantax has 1,051 employees.
Annual revenue of Avantax is $666.5M as on Dec 31, 2022.
Avantax was established in 1983 and is headquartered in Dallas, United States. Operations are centered in the financial services sector, where comprehensive wealth management solutions are provided to clients. Services encompass planning, investment advisory, and tax strategies, with a focus on integrated approaches to personal and business finances. The company serves individuals and advisors across the United States through its digital platform and advisory network.
Avantax has made 7 acquisitions, including GA Investment Management, Gene Bell & Associates, and GuideVine.
Avantax has 1 investor. Key investors include Cetera.
Yes. Avantax was acquired by Cetera in September 2023.