IRVING, Texas, May 23, 2017 (GLOBE NEWSWIRE) -- HD Vest, a leading independent financial services firm providing wealth management solutions, specifically through tax professionals, today announced David L. Peavler has joined the firm as General Counsel. Mr. Peavler will oversee the firm's legal matters and drive its legal strategy.
Mr. Peavler comes to HD Vest from the Securities and Exchange Commission’s (SEC) Fort Worth Regional Office, where he served as the associate director in charge of the agency’s enforcement efforts in Texas, Oklahoma, Arkansas and Kansas. During his 15-year tenure with the SEC, Mr. Peavler conducted and led a number of significant investigations across multiple industries. In 2016, Mr. Peavler received the Irving M. Pollack Award, one of the SEC’s top honorary awards for exceptional public service, and previously received the Arthur F. Mathews Award, recognizing sustained demonstrated creativity in applying federal securities laws.
“I am excited to welcome David to the firm,” said Bob Oros, CEO of HD Vest. “We are fortunate to have someone of his caliber serve as a resource for our advisors and their clients. David’s extensive regulatory and legal experience make him a valuable asset as we look to the future.”
Mr. Peavler will be a member of the HD Vest executive leadership team and will report directly to CEO Bob Oros. He will be based in Irving, Texas.
“I am honored to join HD Vest and work closely with the firm’s talented team. HD Vest is positioned for great success as the leading provider of wealth management services through tax professionals. I look forward to helping the firm identify and manage key issues impacting the wealth management industry,” said Mr. Peavler.
Prior to joining the SEC, Mr. Peavler was a partner in the trial section of Locke Liddell (now Locke Lord), where he primarily represented major accounting firms in auditing malpractice and securities class actions, and he also served as in-house counsel with Phillips Petroleum Company and ConocoPhillips, handling general corporate and transactional matters.
Mr. Peavler received his law degree from the University of Texas and his undergraduate degree in accounting and economics from Baylor University.
About HD Vest Financial Services
Since its inception in 1983, HD Vest Financial Services® has supported an independent network of tax and non-tax professionals who provide comprehensive financial services including securities insurance, money management services, and banking solutions. The firm has over 4,400 independent contractors, who manage over $40 billion in assets for individuals, families and small businesses in all 50 states.1 HD Vest Investment Services is ranked as one of the top 15 independent broker-dealer firms.2 To learn more about HD Vest, a business of Blucora, Inc. (NASDAQ:BCOR), visit www.hdvest.com.
1As of March 31, 2017
2Think Advisor 2016 Broker-Dealer Reference Guide, which measured/ranked the top 25 independent broker-dealers by annual revenue.
HD Vest Financial Services® is the holding company for the group of companies providing financial services under the HD Vest name.
Securities offered through HD Vest Investment ServicesSM, Member: SIPC, Advisory services offered through HD Vest Advisory ServicesSM, 6333 N. State Highway 161, Fourth Floor, Irving, TX 75038, (972) 870-6000
Source: HD Vest