H.D. Vest Launches Remote Capture Technology

Advisors move closer to a paperless office

For Immediate Release

PR Contact: Susan Patrick
H.D. Vest Communications Consultant
(972) 870-6149
pr@hdvest.com
www.hdvest.com

IRVING, TEXAS (February 13, 2008) –Vest Advisors now save time, paper and postage by electronically submitting their client paperwork through new Remote Capture technology. H.D. Vest Financial Services® successfully implemented the next phase of its Paperless Office initiative and plans additional enhancements to eliminate an H.D. Vest Advisor’s need to maintain any client file documentation in paper form by the end of 2008.

Instead of mailing or faxing paperwork documents to H.D. Vest Operations for processing, Advisors use scanners in their office to create electronic copies of account paperwork. Then through new Remote Capture technology, Advisors securely submit these documents directly to H.D. Vest through HDVLink®, the company’s website for Advisors. The paperwork’s electronic images are then routed through the H.D. Vest processing areas, and Advisors track the paperwork’s progress on HDVLink. H.D. Vest stores the documents electronically per regulatory guidelines, and Advisors and their clients experience even faster processing times.

“We piloted Remote Capture technology to a small group of Advisors during the fall and successfully completed the rollout to all Advisors prior to tax season.” said Roger Ochs, H.D. Vest president. “This new Paperless Office component allows Advisors to provide their clients with faster service by eliminating the traditional wait time of delivery services.”

H.D. Vest Advisor John Sweeden of Richardson, TX, is thrilled with this latest enhancement and the progress of the Paperless Office.

“We have been actively using eFileCabinet for several years, and the addition of this capability (Paperless Office Remote Capture) fits very well,” said Sweeden. “Being able to view client documents online increases our ability to quickly resolve any of the dozens of questions that come up on a regular basis and that used to require trips to the file cabinets and searches through documents.”

This year H.D. Vest plans more Paperless Office enhancements including check scanning capabilities, as well as historical document scanning. Ultimately, this initiative will eliminate an H.D. Vest Advisor’s need to maintain any client file documentation in paper form by the end of 2008.

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 Services^SM , Member SIPC,
Advisory services offered through H.D. Vest Advisory Services^SM ,
non-bank subsidiaries of Wells Fargo & Company,
6333 N. State Highway 161, Suite 400, Irving, TX 75038 (972) 870-6000.