Financial Gravity Tax Adds New Distribution Channel; Significant Impact on Revenues


ALLEN, Texas, Oct. 18, 2017 (GLOBE NEWSWIRE) -- Financial Gravity Tax, Inc., a subsidiary of Financial Gravity Companies, Inc. (OTCQB:FGCO), announced the successful launch of a new Independent Agent distribution channel and is now recruiting in all fifty states.

President and Chief Sales Officer, Dan Sundby, noted that the Company has added 30 new sales representatives since the launch of the new channel in August and is currently averaging 5 new sales representatives each week. Mr. Sundby, in a report for the Company’s annual meeting this week, noted that the company was ahead of schedule on the goal of amassing a 200 person sales team. Mr. Sundby stated, "These new representatives, bringing in new business, could significantly and positively impact our bottom line.”

“Our Independent Agent sales team adds to our current distribution through CPA’s in our Certified Tax Master program and Partner Program with investment advisors and will create cross referral opportunities between channels,” stated Mr. Sundby.

The Company has also entered into strategic partnerships to add its Tax Blueprint® proactive tax planning systems to existing sales teams that market to America’s millions of small business owners.

Financial Gravity’s Chief Executive Officer John Pollock stated, “Dan Sundby has led the efforts of building a top performing national sales teams for over twenty-five years and we are thrilled to see that his additions to our team are producing similar results.”

About Financial Gravity Companies, Inc.
Financial Gravity Companies, Inc., a Fractional Family Office ®, provides integrated tax, business, and financial solutions. Clients include small business owners and high net-worth individuals. Services are focused on helping its clients’ personal and professional goals, while building wealth, most often with potential tax savings, lowering costs, and improving efficiency. For details, visit www.financialgravity.com.

Financial Gravity Forward-Looking Statements
This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations.  No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect Financial Gravity’s business and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact:
Jennifer Sanford
jennifer@financialgravity.com
469-342-2232