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This profile was last updated on 7/16/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Herb D. Vest

Wrong Herb D. Vest?

Chief Executive Officer

HDVMS - True.com
 
Background

Employment History

Board Memberships and Affiliations

Education

  • academic degrees
  • Bachelor of Science , Political Science
  • Master of Science , Taxation
  • Master of Science , Financial Services
  • Master of Science , Management
  • graduate degree
    Wharton School
  • graduate degree
    Harvard Law School
  • graduate degree
    Princeton University
196 Total References
Web References
Metric Interactive | About
www.metricinteractive.com, 12 Feb 2012 [cached]
Herb Vest - Chairman & Founder
Herb D. Vest, chairman and founder of HDVMS, created Metric Interactive in 2007 to respond to the unique opportunities of the Internet.
In 2005, he founded AdShuffle to address shortcomings in previous ad serving technology that he had experienced firsthand as the owner of one of the web's most heavily trafficked sites. AdShuffle is the latest in a series of revolutionary businesses built by Vest.
In 2003 he founded and became CEO of TRUE.com - the leading scientifically based relationship service whose mission is to help singles find long-lasting, fulfilling relationships. Before that, Vest was founder and CEO) of H.D. Vest Financial Services. The company served an estimated 2 million individual and small business clients, offering a new, one-stop shopping approach on financial products and services through a national network of CPAs and tax professionals. It was traded on NASDAQ under the symbol of HDVS until its merger with Wells Fargo in 2001.
From 1973 to 1983, Vest was a public accountant, focusing on tax preparation and advice. He also taught courses in income taxation at the University of Texas at Arlington and at North Lake College. Vest served as a U.S. Army Infantry Officer in Vietnam, during which he attained the rank of captain. While in the service, he completed the Combat Tracker Course at the British Jungle Warfare school in Malaysia and attained a Top Secret security clearance. For his valor and skill, he was awarded the Purple Heart, as well as a Bronze Star with oak leaf cluster.
A Mensa member, Vest holds seven academic degrees, including a Bachelor of Science in Political Science, a Master of Science in Taxation, a Master of Science in Financial Services, a Master of Science In Management, a Juris Doctor, a Doctor of International Business Administration and a Master of Laws. He completed postgraduate work at Harvard Law School, Princeton University and Wharton School, among others. Additionally, he has served on the board of several large companies and organizations, including the Southern Methodist University School of Law Executive Board and the American Small Business Association, in addition to being a representative for the Office of U.S. Trade.
In 1999, Vest received Ernst & Young's prestigious "Entrepreneur of the Year" award. He was named to Accounting Today's "100 Most Influential People in Accounting" from 1994-2000, and was also a finalist for Inc.
True.com : True Online Dating Improves Safety for Industry
www.internetdatingusa.com, 2 Oct 2006 [cached]
"From Day 1 when I founded this company, I made a solemn pledge to create a safer dating environment for our members and our industry," said Herb Vest, founder and CEO of True.com. "As part of this longstanding commitment, we continue to lead the industry by being the only site to conduct criminal background and marital screenings to help rid the site - and eventually the entire industry - of potentially dangerous individuals. I can't guarantee that felons and married's cannot get on True.com, but I can guarantee they will be very, very sorry they did."
According to the Department of Justice's Criminal Offender Statistics, approximately 67.5 percent of convicted criminals released from prison are rearrested for a felony or serious crime. Added Vest, "I take the safety of our members personally.
...
Vest stated: "There's a new sheriff in town, and we mean what we say in our warnings.
Study
www.icrsurvey.com, 31 Jan 2000 [cached]
``We recognize that security of financial information is the number one barrier people have to preparing their income tax returns via the Internet,'' said Herb D. Vest, CPA, chairman and CEO of H.D. Vest, Inc. ``That's why we have made security our number one priority at www.hdvest.com so that we can help to reassure Americans that e-filing and online tax preparation is secure, private, easy, and the wave of the future.''
H.D. Vest Financial Services® - The H.D. Vest Story
www.joinhdvest.com, 31 Dec 2007 [cached]
Herb Vest, a CPA, had become one of his clients' most trusted advisors. His clients continually asked him for all sorts of financial advice regarding retirement plans, educational funding and other investment strategies so Herb referred his clients to stockbrokers and insurance agents to handle their concerns. Every tax season the new investments would show up on the client's 1040, and often the investment was not what Herb had recommended for the client.
Herb became fed up with his inability to help his clients address their financial concerns. Cautiously, he began to offer financial services to his clients. To his amazement, client after client loved it. In fact, his practice grew so fast, Herb actually had to release some of his clients to provide the best level of service. Even with fewer clients, his net income and his referrals grew substantially.
By 1983, it was clear to Herb Vest that more tax and accounting practitioners should add financial services to their practices because of the enormous benefit to their businesses and the welfare of their clients. Unfortunately, existing financial services firms did not focus on the special needs of the tax professional. For this reason, Herb founded H.D. Vest Financial Services, a firm dedicated to helping tax and accounting practitioners integrate financial services into their practices.
Although he was up against accounting regulations that prohibited CPAs from receiving commissions, he realized the importance of building a company dedicated to licensing, training and supporting CPAs and other tax practitioners throughout the country who desired to add financial planning to their practices. Herb took risks and defied these regulations, lobbying hard over the next three years to change the laws. In 1987 both the AICPA and state of Texas agreed to repeal the long-entrenched rule prohibiting commissions. Most importantly, Herb proved the company's credibility and succeeded in convincing more and more CPAs, accounting professionals and accounting regulators that financial planning was the wave of the future for traditional tax practitioners as well as a clear benefit to the public.
PodCasterWorld
www.podcasterworld.com, 10 Dec 2004 [cached]
Herb Vest, CEO of True.com, returns to discuss his Federal Court lawsuit against a customer who lied about his criminal background.
...
Finally, Bob chats with Herb Vest, CEO of True.com, the online dating site that screens all users!
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