Avantax Expands Business Development Team with Veteran Financial Services Recruiters, each with More than 30 Years of Experience

Bruce Tuckey and Dave Renko bring decades of experience to their roles at Avantax and will help expand the Avantax Community of accounting firms and tax-focused Financial Professionals

DALLAS, May 18, 2023 (GLOBE NEWSWIRE) -- Avantax, a leader in tax-focused financial planning and wealth management, today announced the expansion of its business development team adding Bruce Tuckey and Dave Renko as regional recruiting directors. The team’s expansion follows record-breaking results including full-year 2022 newly recruited assets of approximately $1.7 billion, an increase of approximately 79% over 2021.

The new recruiting directors will leverage their experience and relationships to spearhead strategic growth in their respective regions. In addition to recruiting independent Financial Professionals, they will also lead recruitment efforts for Avantax’s employee-based RIA, which Avantax refers to as Avantax Planning Partners℠ (APP). Avantax partners with accounting firms to deliver comprehensive wealth management services – including financial planning, advisory services and retirement plan solutions – to the accounting firms’ clients. Complemented by organic growth, APP has grown total client assets to more than $7 billion (as of March 31, 2023).

“Our tax-focused approach has attracted record numbers of Financial Professionals, and it has proven compelling to talented and experienced recruiters from the largest broker-dealers because with Avantax, they can share our a differentiated, tax-intelligent value proposition,” said Tim Stewart, CFP, Vice President and Head of Business Development at Avantax. “We’re thrilled to welcome Bruce and Dave to the family. They’re eager to identifying independent Financial Professionals and accounting firms that would be great additions to the Avantax Community.”

Stewart and his Business Development team are excited to welcome these recruiting experts:

• Dave Renko, Charlotte, NC: Renko joins Avantax as the Regional Director of Recruiting serving the Southeast. Renko brings a competitive approach to the team, with 30 years of experience in the industry. He most recently served as a senior recruiter at Cetera, following roles at Woodforest National Bank, Morgan Stanley, Bank of America, and Cannon Financial Institute.