Relationship Statement

Occasionally a client asks about the relationships between H. D. Vest,  First Clearing, and Paul Nolan. For those of you that might want to know, here is a brief explanation of the relationships.
 
Paul Nolan (Paul) (a) manages wealth, (b) gives investment advice (corporate stock and bonds, mutual funds, ETFs, annuities, etc.), (c) secures health and life insurance, (d) prepares tax returns, (e) conducts financial & estate planning, (f) assists with trusts, guardianships, & estates, (g) provides guidance to clients applying for Veterans benefits & Medicaid, (h) helps clients understand complex financial issues when they are preparing to make difficult decisions. Paul and his associate David E. Barron, are both Registered Representatives of H. D. Vest. While Paul is interacting with clients, about securities, insurance, taxes, financial planning, and other issues: Vest is providing back office support: FCC is keeping records and executing tranactions. It's a great arrangement - that benefits all our clients. 

H. D. Vest Investment Services (Vest), (founded in 1983), is a regulated broker/dealer that performs back offices services; certain research, trading, remote order entry, compliance, training, technological and reporting services for Paul and his clients. Vest's founder Certified Public Accountant  Herb D. Vest recognized that tax professionals (CPAs, Attorneys, CFPs and EAs), were uniquely positioned to identify their clients' investment needs and provide opportunities that best fit their overall financial goals, and welcomed Paul as a Representative. Today the company Herb founded is the nation's leader in the growing market for investment and financial planning services. Vest partners with Paul and over 5,000 other independent Vest Representatives who collectively manage more than $30 billion in assets and provide investment and tax advice to over 3 million individuals and small businesses in all 50 states. Representatives access a full array of financial opportunities, making it possible for Paul to objectively help clients invest their assets for retirement, prepare to send their children to college, and manage financial risks. Paul's Vest partnership began in October 1997 and has grown into full H. D. Vest Branch status.

First Clearing, LLC (FCC) is a clearing firm that provides recordkeeping and operational services for Vest clients, including execution and settlement of securities transactions, custody of securities and cash balances, and execution of credit on margin tranactions. 

Through these relationships, Paul offers his clients the expertise of FCC, along  with the comprehensive investment solutions, dedicated home-office support, and laeding-edge technology that characterize Vest. This combination positions Paul and his fellow independent Vest advisors in the forefront of financial professionals pursuing their clients' needs now and into the future.