H.D. Vest Announces New Senior Portfolio Manager for Fee-Based Solutions

For Immediate Release

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

Irving, Texas (February 1, 2007) - H.D. Vest Financial Services^® announced today that Jaco Jordaan, CFA, CFP^®, ChFC, has joined H.D. Vest Advisory Services^SM as the new Senior Portfolio Manager. Jordaan brings both portfolio management experience and seven former years of experience at H.D. Vest.

Jordaan will be responsible for maintaining H.D. Vest's overall asset allocation models in accordance with their established allocation methodology, conducting mutual fund due diligence and selection and collaborating with the H.D. Vest Investment Advisory Policy Board. He is directly responsible for the VestPremiere^® advisory portfolios with over $600 million in assets comprising over 200 model portfolios.

"After an extensive search, we are excited to fill our Senior Portfolio Manager position with someone who brings comprehensive detailed investment experience and knowledge of H.D. Vest," said Roger Ochs, president of H.D. Vest.

Jordaan comes to H.D. Vest from PNC Wealth Management in Washington, D.C., where he held the position of Portfolio Manager. While at PNC, he performed independent research and evaluation of both individual securities and mutual funds. Prior to PNC, Jordaan was with H.D. Vest for seven years in various positions both in the Financial Planning Support and Customer Service areas. His last position with H.D. Vest was Advisor Recruiting Manager.

Jordaan holds a bachelor of business administration degree from the University of Texas at Austin and a master of science degree in financial analysis from the College of Financial Planning. He is a Chartered Financial Analyst, CERTIFIED FINANCIAL PLANNER^T and Chartered Financial Consultant.

About H.D. Vest, Inc.

Based in Irving, Texas, since its inception in 1983, H.D. Vest Financial Services supports an independent network of tax and non-tax professionals who distribute comprehensive financial planning solutions, including securities, insurance, money management services and Wells Fargo banking products. Approximately 5,500 independent contractors manage over $25 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.