H.D. Vest Advisors Offer Borrowing Power When Their Clients Need It
For Immediate Release
PR Contact: Susan Patrick
H.D. Vest Communications Consultant
(972) 870-6149
pr@hdvest.com
www.hdvest.com
IRVING, TEXAS (October 19, 2007) – H.D. Vest Advisors can now provide their clients with access to the Secured PrimeLine® product, a variable-rate, secured consumer line of credit through Wells Fargo Private Client Services. The Secured PrimeLine line of credit allows qualified borrowers to use their investment assets held in a Wells Fargo Investments, LLC brokerage account as collateral for a line of credit while the account remains open for trading. Clients receive a lower rate of interest compared with unsecured lines, and flexible payment options. The Secured PrimeLine account is a revolving line of credit, which provides clients with the flexibility to draw and repay funds repeatedly. Plus, there is no annual fee charged to keep the account open.
“We are one of the few independent broker/dealers to offer a credit line for clients,” said H.D. Vest President Roger Ochs. “Our Advisors always look to us for new ways to provide their clients with solutions, and now clients can work with their trusted Advisor when they need access to credit products.”
The minimum Secured PrimeLine credit amount is $50,000 with a maximum line amount of $5,000,000, and clients can borrow up to 50% of the amount in the brokerage account. This solution, along with other banking products, has created tremendous opportunity for H.D. Vest Advisors and keeps the Advisors in the forefront of their clients’ minds.
More information about H.D. Vest can be obtained on its website: www.hdvest.com.
About H.D. Vest, Inc.
Based in Irving, Texas, since its inception in 1983, H.D. Vest Financial Services supports an independent network of tax and non-tax professionals who distribute comprehensive financial planning solutions, including securities, insurance, money management services and Wells Fargo banking products. Approximately 5,500 independent contractors manage over $25 billion in assets for some 1.8 million individuals, families and small businesses in all 50 states. H.D. Vest became a non-bank subsidiary of Wells Fargo & Company in July 2001.
Securities offered through H.D. Vest Investment ServicesSM , Member SIPC,
Advisory services offered through H.D. Vest Advisory ServicesSM ,
non-bank subsidiaries of Wells Fargo & Company,
6333 N. State Highway 161, Suite 400, Irving, TX 75038 (972) 870-6000.


