Assetmark Financial Holdings Inc

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions. It also provides end-to-end experience, spanning nearly all elements of an adviser’s engagement with client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.

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AssetMark reports record 2022 results, outlines growth strategies for 2023

AssetMark Financial Holdings Inc delivered strong financial performance in 2022 and Q4, with record results and robust growth metrics. The company's strategic focus on meeting advisers' needs, enhancing client experience, and pursuing growth initiatives positions it well for future success. While facing challenges in organic growth and market uncertainties, AssetMark's strong cash position and investment priorities offer opportunities for sustained growth and innovation.
Analysts' inquiries into fixed rate term contracts and demand for fixed-term deposits underscore areas for potential refinement and product development. AssetMark's emphasis on differentiation, strategic transactions, and market positioning highlight its commitment to driving value and staying competitive in the evolving financial landscape.

AssetMark achieves record Q1 earnings, focuses on growth strategies

AssetMark's Q1 2023 earnings call highlighted robust financial performance, strategic initiatives, and growth prospects, underpinned by record revenue and net income.
The company's strengths lie in its strong advisor additions, revenue diversification efforts, and focus on technology and service enhancements to attract and retain advisors.
While facing challenges in maintaining growth momentum and meeting market expectations, AssetMark has opportunities to leverage its market position, strategic pillars, and M&A activities for sustained growth.

AssetMark reports record Q2 earnings, poised for growth ahead

AssetMark Financial Holdings Inc delivered exceptional financial performance in Q2 2023, setting new records across key metrics and demonstrating strong growth momentum.
The company's focus on innovation, advisor support, and expense management positions it well for future success and sustained growth.
With a positive outlook for platform asset and revenue growth, AssetMark is poised to capitalize on opportunities and navigate challenges effectively in the coming quarters.

AssetMark reports record Q3 results, targets doubling in size

AssetMark's Q3 performance showcased strong financial results and ambitious growth targets, driven by strategic initiatives and successful partnerships.
While facing challenges in cost management and execution of growth plans, the company is well-positioned to capitalize on opportunities in automation, M&A, and regulatory compliance.
Overall, AssetMark's focus on organic growth, cost efficiency, and advisor support sets a solid foundation for future expansion and market leadership.

AssetMark posts record 2023 results, sets ambitious growth targets for 2024

AssetMark Financial Holdings Inc (AMK) delivers strong 2023 results and outlines a strategic roadmap for 2024, focusing on technology, service, and growth initiatives.
The company's performance reflects robust financial metrics, advisor engagement, and a clear vision for sustainable growth and operational efficiency.
Challenges include market uncertainties and financial pressures from investments, while opportunities exist in service expansion, partnerships, and cost-saving automation.
Overall, AssetMark's proactive approach to innovation, client service, and financial management positions it well for continued success and value creation in the financial services sector.

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AssetMark Financial Holdings, Inc. provides wealth management and technology solutions. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.

AssetMark Financial (AMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AssetMark Financial (AMK) Reports Next Week: Wall Street Expects Earnings Growth

CONCORD, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended June 30, 2023, after the U.S. market close on Wednesday, August 2, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce Second Quarter 2023 Results on August 2, 2023

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AssetMark Financial (AMK) possesses solid growth attributes, which could help it handily outperform the market.

AssetMark Financial (AMK) is an Incredible Growth Stock: 3 Reasons Why

CONCORD, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the 43rd Annual William Blair Growth Stock Conference on June 6th and 7th in Chicago, IL. The Company will host one-on-one and group meetings. Analysts and portfolio managers that wish to attend this conference or would like to request a meeting should contact William Blair.

AssetMark to Attend the 43rd Annual William Blair Growth Stock Conference

Three new strategies added to AssetMark platform better help advisors serve their clients Three new strategies added to AssetMark platform better help advisors serve their clients

AssetMark Launches First Trust Investment Strategies for Financial Advisors

CONCORD, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK), a leading wealth management platform for financial advisors, today announced the recipients of its 2023 Practice Excellence Awards. These awards, now in their sixth year, recognize financial advisory firms that have made significant achievements in the areas of operational excellence and technology adoption.

AssetMark Announces 2023 Practice Excellence Award Recipients

AssetMark Financial Holdings, Inc. (NYSE:AMK ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Taylor Hamilton - Head, IR Natalie Wolfsen - CEO Gary Zyla - EVP, Principal Accounting Officer and CFO Conference Call Participants Michael Cho - JPMorgan Jeff Schmitt - William Blair Patrick O'Shaughnessy - Raymond James Operator Good afternoon, everyone, and welcome to AssetMark's First Quarter 2023 Earnings Conference Call. Currently, all participants are in a listen-only mode.

AssetMark Financial Holdings, Inc. (AMK) Q1 2023 Earnings Call Transcript

The headline numbers for AssetMark Financial (AMK) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About AssetMark Financial (AMK) Q1 Earnings

AssetMark Financial (AMK) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.39 per share a year ago.

AssetMark Financial (AMK) Misses Q1 Earnings and Revenue Estimates

CONCORD, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2023.

AssetMark Reports $96.2B Platform Assets for First Quarter 2023

CONCORD, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- AssetMark today released its 2022 ESG Report, detailing the firm's progress in creating value for key stakeholders through environmental, social, and governance commitments.

AssetMark Releases Second Annual Environmental, Social and Governance (ESG) Report for 2022

AssetMark Financial (AMK) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love AssetMark Financial (AMK)

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CONCORD, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK), a leading wealth management platform for financial advisors, is excited to announce that Carrie Hansen, the company's Executive Vice President and Chief Operating Officer, has been named COO of the Year for the 2023 OnCon Icon Awards by OnConferences. The OnCon Icon Awards recognize exceptional operations leaders worldwide, with winners selected based on peer nomination and voting. Among hundreds of nominees, Hansen received the most votes based on her contributions to AssetMark, the financial services industry, and her community in the areas of organizational impact, innovation, and thought leadership.

AssetMark's Carrie Hansen Named COO of the Year at the OnCon Icon Awards

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AssetMark Financial (AMK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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CONCORD, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended March 31, 2023, after the U.S. market close on Wednesday, May 3, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce First Quarter 2023 Results on May 3, 2023

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AssetMark Financial (AMK) Is Up 4.32% in One Week: What You Should Know

AssetMark Financial (AMK) to Report Q1 Results: Wall Street Expects Earnings Growth

AssetMark Financial (AMK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

AssetMark Financial Holdings, Inc. (AMK) Hits Fresh High: Is There Still Room to Run?

AssetMark Financial (AMK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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CONCORD, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK) today announced the appointment of Josh Armey as Executive Vice President and Head of Corporate Strategy. In his new role, Armey will serve as a member of the firm's Executive Committee and will work with leaders across the organization to accelerate strategic growth and maximize AssetMark's long-term performance.

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