Blucora Inc (BCOR) Q3 2021 Earnings Call Transcript
BCOR earnings call for the period ending September 30, 2021.
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BCOR earnings call for the period ending September 30, 2021.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Former Avantax Advisors Cite Service Decline, Mounting Fees, Shrinking Payouts Amid a proxy battle with an activist investor, advisors who recently left Avantax say service levels suffered and fees rose after parent company Blucora acquired and combined their broker/dealers. Last month, RIA and investor Ancora started a public proxy battle with executives of Blucora, the parent company of Avantax Wealth Management, the tax-centric broker/dealer created from the acquisitions of HD Vest and 1st Global. Ancora argues Blucora is mismanaging Avantax, resulting in a net loss of 100 advisors...