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.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

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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 Grows But Investors Need More Visibility

CONCORD, Calif., March  02, 2020  (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc., announced the completion of its acquisition of OBS Financial, a $2 billion-plus turnkey asset management platform and a subsidiary of Canandaigua National Corporation. By completing the transaction, AssetMark will acquire new relationships with OBS’ 300+ financial advisors and 21 banks that serve 6,500 investors.

AssetMark Closes on the Acquisition of OBS Financial

Firm donates $60,000 to various nonprofits in recognition of six financial advisors’ outstanding commitment to local charities Firm donates $60,000 to various nonprofits in recognition of six financial advisors’ outstanding commitment to local charities

AssetMark Honors Financial Advisors with Community Inspiration Award at Annual Gold Forum Event

Platform solutions will enable advisors to serve clients’ retirement needs and enhance and diversify their fixed income portfolios Platform solutions will enable advisors to serve clients’ retirement needs and enhance and diversify their fixed income portfolios

AssetMark Launches Three New Portfolio Management Solutions

CONCORD, Calif., Feb.  06, 2020  (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) announced that it is transitioning the third-party mutual fund strategies on the AssetMark platform to institutional share classes to help financial advisors reduce the total cost of investment for their clients. This initiative aligns with industry changes designed to reduce the cost of investing.    

AssetMark Moves to Lower-Cost Share Class to Reduce Overall Costs to Financial Advisors and Investors

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Organizational changes will support new channel growth, advisors’ digital experience, and overall strategic priorities Organizational changes will support new channel growth, advisors’ digital experience, and overall strategic priorities

AssetMark Announces Transformational Initiatives in Channel Development and Digital Innovation

This newly public company helps independent advisors with key services -- and it's taking market share in an industry niche that's transitioning toward its strength.

AssetMark Financial Goes Public in Growing TAMP Market

$2B+ TAMP providing DFA solutions to join innovative wealth management platform designed to help advisors scale and deliver value to clients $2B+ TAMP providing DFA solutions to join innovative wealth management platform designed to help advisors scale and deliver value to clients

AssetMark Acquires OBS Financial

CONCORD, Calif., Sept.  17, 2019  (GLOBE NEWSWIRE) -- In a release issued under the same headline yesterday by AssetMark, Inc. (NYSE: AMK), please note that in the third bullet point, the year-over-year client cash increase should be 30.6%, not 34.5% as previously stated; corresponding client cash figures in the table have been updated as well. The corrected release follows.

CORRECTING and REPLACING – August AMK Report

CONCORD, Calif., Aug.  28, 2019  (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2019.

AssetMark Reports Record $56.1B Platform Assets for Second Quarter 2019

AssetMark Financial Holdings Inc. (NYSE: AMK) made its public debut Thursday morning, opening at $25.45 after being priced at $22 per share.

AssetMark Opens Above IPO Price

News for Assetmark Financial Holdings Inc Stock (AMK)