H.D. Vest Celebrates Silver Anniversary

The financial services firm that changed the rules of the accounting industry.

For Immediate Release

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

IRVING, TEXAS (March 10, 2008) –In 1983 the laws or rules in nearly every state prohibited certified public accountants (CPAs) from receiving commissions for providing their clients investment products. H.D. Vest Financial Services® started in April 1983 based on the idea that the tax professional was the most appropriate advisor to help a client make sound financial decisions, which was a radical idea. As H.D. Vest celebrates its silver anniversary, 47 states now allow CPAs to accept commissions for advising their clients and implementing investment planning solutions. Today, with 5,400 independent Advisors, H.D. Vest remains the largest broker/dealer for tax professionals and continues to be a leader in the industry.

While many other financial service firms have followed H.D. Vest’s lead, H.D. Vest continues to differentiate itself with its dynamic training, innovative technology and wide variety of client solutions. Through its local, regional and national meetings, H.D. Vest offers unparalleled face-to-face training and online training opportunities such as instructor-led classes and podcasts. H.D. Vest’s Technology group has developed a comprehensive suite of interactive and innovative tools designed to meet the needs of the tax professional who wants to successfully implement financial services. H.D. Vest Advisors can provide their clients with mutual funds, brokerage, professional money management, insurance and banking services to help them pursue their goals.

“H.D. Vest carved out a niche for itself back in the 1980s that many competitors have tried to imitate but few have successfully implemented – the idea of training tax professionals to offer their clients financial services,” said Roger Ochs, president of H.D. Vest. “Tax professionals are the most qualified people to help their clients with investment choices. They have all their clients’ financial data and knowledge of their financial goals.”

H.D. Vest plans to celebrate its 25th anniversary throughout the year and with special events at its National Conference that will be held at the MGM at Foxwoods Resort and Casino in Mashantucket, CT, June 10-13.

About H.D. Vest, Inc.

Based in Irving, Texas, H.D. Vest Financial Services® supports an independent network of tax and non-tax professionals who provide comprehensive financial planning solutions, including securities, insurance, money management services and Wells Fargo banking products. Approximately 5,400 independent contractors manage over $30 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.