AssetMark Hits $99.6 Billion In Platform Assets

Nov 6, 2023  · AssetMark Hits $99.6 Billion In Platform Assets. AssetMark Financial Holdings, Inc. today announced financial results for the quarter ended September 30, 2023. Third Quarter …


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AssetMark Hits $99.6 Billion In Platform Assets

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Nov 6, 2023  · AssetMark Hits $99.6 Billion In Platform Assets. AssetMark Financial Holdings, Inc. today announced financial results for the quarter ended September 30, 2023. Third Quarter …

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AssetMark Reports $99.6B Platform Assets For Third Quarter 2023

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Nov 6, 2023  · Third Quarter 2023 Financial and Operational Highlights Net income for the quarter was $38.4 million, or $0.52 per share.Adjusted net income for the quarter was $46.0 million, or …

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AssetMark Reports $99.6B Platform Assets For Third Quarter …

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platform assets were down 1.2%, due to negative market impact net of fees of $2.7 billion, partially offset by quarterly net flows of $1.5 billion. • Year-to-date annualized net flows as a …

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October AMK Report - Nasdaq

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Nov 13, 2023  · Platform assets of $97.8 billion at the end of October, up 18.1% year-over-year. Net flows were $334 million in the month of October, up 18.0% year-over-year. AssetMark …

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AssetMark Reports $91.5B Platform Assets For Fourth Quarter 2022

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Feb 22, 2023  · Platform assets decreased 2.2% year-over-year to $91.5 billion. Quarter-over-quarter platform assets were up 15.2%, due to adding $6.9 billion from the acquisition of …

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AssetMark Is Primed For Investment In Growth And Efficiency …

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Nov 10, 2023  · According to a 2023 market research report by Grand View Research, the global wealth management software market was an estimated $4.3 billion in 2022 and is forecasted …

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AssetMark Reports $90.8B Platform Assets For First Quarter 2022

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CONCORD, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2022. First …

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AssetMark To Acquire $12B In Assets From Morningstar Wealth …

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Jun 20, 2024  · The AssetMark platform serves over 9,200 advisors and over 257,000 households. As of March 31, the company had $116.9 billion in platform assets.

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AssetMark Reports $93.5B Platform Assets For Fourth Quarter

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Feb 15, 2022  · Platform assets (at period-beginning) (millions of dollars) 86,826: 67,254: 29.1%: Net flows (millions of dollars) ... AssetMark had $93.5 billion in platform assets as of December …

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AssetMark Reports $99.6B Platform Assets For Third Quarter 2023

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Nov 6, 2023  · Today, the AssetMark platform serves over 9,300 financial advisors and over 251,000 investor households. As of September 30, 2023, the company had $99.6 billion in …

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PE Firm GTCR To Buy Wealth Management Platform AssetMark For …

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April 25 (Reuters) - Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial (AMK.N), in a deal that would take the wealth management platform private more …

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AssetMark Reports $79.4B Platform Assets For Third Quarter 2022

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Nov 1, 2022  · AssetMark had $79.4 billion in platform assets as of September 30, 2022 and has a history of innovation spanning more than 25 years. Forward-Looking Statements

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AssetMark Reports $99.6B Platform Assets For Third Quarter 2023

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CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended September 30, 2023. ...

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AssetMark Reports $116.9B Platform Assets For First Quarter

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May 1, 2024  · Adjusted EBITDA for the quarter was $65.9 million, or 34.6% of total revenue. Platform assets increased 21.5% year-over-year to $116.9 billion. Quarter-over-quarter …

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AssetMark Reports $90.8B Platform Assets For First Quarter

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Apr 28, 2022  · Platform assets (at period-beginning) (millions of dollars) 93,487: 74,520: 25.5%: Net flows (millions of dollars) ... AssetMark had $90.8 billion in platform assets as of March 31, …

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AssetMark Reports $82.1B Platform Assets For Second Quarter 2022

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Aug 3, 2022  · Platform assets decreased 2.9% year-over-year and 9.6% quarter-over-quarter to $82.1 billion, due to negative market impact net of fees of $10.1 billion, partially offset by …

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AssetMark Reports $86.8B Platform Assets For Third Quarter 2021

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Nov 9, 2021  · Platform assets increased 29.1% year-over-year and 2.6% quarter-over-quarter to $86.8 billion, aided by quarterly record net flows of $2.8 billion and partially offset by a …

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FAQs about AssetMark Hits $99.6 Billion In Platform Assets Coupon?

How did Assetmark financial (AMK) perform in a quarter?

CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended September 30, 2023. Net income for the quarter was $38.4 million, or $0.52 per share. Adjusted net income for the quarter was $46.0 million, or $0.62 per share, on total revenue of $190.5 million. ...

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 9,300 financial advisors and over 251,000 investor households. As of September 30, 2023, the company had $99.6 billion in platform assets. ...

What was Assetmark's net flow in the third quarter?

Year-to-date annualized net flows as a percentage of beginning-of-year platform assets were 7.1%. More than 3,400 new households and 158 new producing advisors joined the AssetMark platform during the third quarter. ...

How much money does Assetmark have?

AssetMark had $79.4 billion in platform assets as of September 30, 2022 and has a history of innovation spanning more than 25 years. ...

What were Assetmark's financial results for the quarter?

CONCORD, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2022. Net income for the quarter was $22.2 million, or $0.30 per share. Adjusted net income for the quarter was $28.8 million, or $0.39 per share, on total revenue of $148.3 million. ...

How did Assetmark perform in the third quarter?

We realized an 18.7% annualized production lift from existing advisors for the third quarter, indicating that advisors continued to grow organically and increase wallet share on our platform. “The third quarter was another record quarter for AssetMark, highlighted by all-time highs across many financial and operating metrics. ...

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