AssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue …

AssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue Drops. By. Andrew Welsch. Updated Feb. 22, 2024 2:43 pm ET / Original Feb. 21, 2024 5:13 pm ET ... AssetMark Eyes Acquisition ...


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AssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue …

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Fourth quarter adjusted earnings per share climbed to 59 cents, up from 46 cents for the same period a year ago. The company reported revenue of $158 million, down from $164 million due …

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AssetMark Reports $108.9B Platform Assets For Fourth Quarter 2023

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CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023. …

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AssetMark - Recent News & Activity - Crunchbase

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Sep 5, 2024  · Barron's — AssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue Drops News • Feb 21, 2024 Globe Newswire — AssetMark Reports $108.9B Platform Assets …

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AssetMark Reports $108.9B Platform Assets For Fourth

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Feb 21, 2024  · Fourth Quarter 2023 Financial and Operational Highlights Net income for the quarter was $34.6 million, or $0.47 per share. Adjusted net income for the quarter was $44.0 …

globenewswire.com

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News - AssetMark

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Cash revenue helps AssetMark offset market losses for record quarter Though total platform assets have decreased $11.4 billion so far in 2022 due to markets, AssetMark still announced …

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AssetMark Financial Holdings Inc Reports Strong Growth In …

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Feb 21, 2024  · Revenue: Total revenue was $158.2 million, with a slight decrease of 3.5% year-over-year. Advisors and Households : Over 9,300 advisors and 254,000 investor households …

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AssetMark Reports $91.5B Platform Assets For Fourth Quarter 2022

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Feb 22, 2023  · Quarter-over-quarter platform assets were up 15.2%, due to adding $6.9 billion from the acquisition of Adhesion Wealth, market impact net of fees of $4.3 billion, and …

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AssetMark Financial Holdings, Inc. (AMK) - Stock Analysis

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Sep 4, 2024  · Price Target: 36.67 (+4.06%) Earnings Date: Nov 4, 2024: About AMK. ... AssetMark Completes Acquisition by GTCR, Launching New Era of Strategic Growth and …

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AssetMark To Be Acquired By GTCR For $35.25 Per Share In Cash

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Apr 25, 2024  · AssetMark shareholders are set to receive $35.25 per share in cash, resulting in a total equity value of around $2.7 billion. The acquisition is subject to customary closing …

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Earnings Call: AssetMark Reports Record Q4 Results, Plans For Growth

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For the fourth quarter 2023, our net revenue was $137 million, up 11% year-over-year. All four components of our revenue increased year-over-year with subscription-based income leading …

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AssetMark Reports $91.5B Platform Assets For Fourth Quarter …

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revenue of $164.1 million. • Adjusted EBITDA for the quarter was $52.9 million, or 32.2% of total revenue. • Platform assets decreased 2.2% year-over-year to $91.5 billion. Quarter-over …

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AssetMark Stock Holds Steady Despite Wide Revenue Miss - Citywire

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Feb 22, 2024  · AssetMark’s adjusted net income for the third quarter was $44m, or 59 cents per share, on total revenue of $158.2m. While those results beat the 57 cent earnings per share …

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AssetMark Reports $119.4B Platform Assets For Second Quarter 2024

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CONCORD, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2024. Second …

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AssetMark Reports $108.9B Platform Assets For Fourth …

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Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights • Net income for the …

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AssetMark Financial Holdings, Inc. Q2 2024 Financial Results

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Jul 18, 2024  · For the quarter ended June 30, 2024, AssetMark reported a net income of $32.3 million, or $0.43 per share. Adjusted net income was $49.8 million, or $0.66 per share, on total …

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AssetMark CEO Thanks Advisors For Record Q4 And Year-end Results ...

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Feb 17, 2022  · Client assets managed on AssetMark’s platform grew 25.5% year-over-year and 7.7% quarter-over-quarter to $93.5 billion, setting a new high mark of $2.9 billion in quarterly …

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AssetMark Reports $93.5B Platform Assets For Fourth Quarter

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Feb 15, 2022  · Fourth Quarter 2021 Financial and Operational Highlights Net income for the quarter was $12.4 million, or $0.17 per share. Adjusted net income for the quarter was $24.7 …

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FAQs about AssetMark Eyes Acquisition Targets After Fourth-Quarter Revenue … Coupon?

How did Assetmark financial holdings (AMK) perform in Q4 2024?

On February 21, 2024, AssetMark Financial Holdings Inc ( NYSE:AMK) released its fourth-quarter financial results, showcasing a robust increase in platform assets and net income. The company's 8-K filing revealed significant year-over-year growth, with platform assets reaching $108.9 billion, a 19.1% increase. ...

How did Assetmark financial holdings perform in the second quarter?

AssetMark Financial Holdings notched several records for the second quarter, lifted by its ability to attract more financial advisors to its wealth management. Connect everyone in the organization to the client: I have said it before, but purpose drives engagement. ...

How did Assetmark perform compared to the previous year?

The company's platform offers a comprehensive suite of tools and services that support advisers in managing client engagements and business activities efficiently. Despite a slight decrease in total revenue to $158.2 million, down 3.5% from the previous year, AssetMark's financial achievements were notable. ...

Does Assetmark have a monthly knowledge report?

CONCORD, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023. ...

How many employees does Assetmark have?

Founded in 1996 and based in Concord, California, the company has over 1,000 employees. Today, the AssetMark platform serves over 9,200 financial advisors and over 261,000 investor households. As of June 30, 2024, the company had $119.4 billion in platform assets. ...

How many advisors are on the Assetmark platform?

More than 17,900 new households and 143 new producing advisors joined the AssetMark platform during the fourth quarter. In total, as of December 31, 2022, there were over 9,200 advisors (approximately 2,900 were engaged advisors) and over 241,000 investor households on the AssetMark platform. ...

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