AssetMark posts $84 billion in AUM under new CEO

As part of AssetMarks second-quarter earnings Wednesday evening, the turnkey asset management platform reported its AUM clocked in at $84.6 billion while 5,500 new households …

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AssetMark Posts $84 Billion In AUM Under New CEO

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As part of AssetMarks second-quarter earnings Wednesday evening, the turnkey asset management platform reported its AUM clocked in at $84.6 billion while 5,500 new households …

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Investment News: AssetMark Posts $84 Billion In AUM Under New …

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As part of AssetMark’s second-quarter earnings Wednesday evening, the turnkey asset management platform reported its AUM clocked in at $84.6 billion while 5,500 new households …

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AssetMark - Updates, News, Events, Signals & Triggers - Crunchbase

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AssetMark is an investment adviser registered with the Securities and Exchange Commission. ... AssetMark has entered a strategic alliance with Morningstar Wealth to acquire $12 billion in …

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AssetMark Financial Holdings Inc Reports Strong Growth In …

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Feb 21, 2024 · Advisors and Households: Over 9,300 advisors and 254,000 investor households served, with 154 new producing advisors added. Adjusted Net Income: Improved by 28.3% to …

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AssetMark Adds A Dozen SMAs To The Platform - Investment News

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Sep 8, 2021 · AssetMark, which managed $84 billion in assets, added SMAs because the strategies can serve as a tool to provide clients with more targeted exposures, said McNatt. …

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Assetmark : MSR Communications

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Investment News: AssetMark posts $84 billion in AUM under new CEO July 29, 2021 5:27 pm Published by MSR Communications. By Nicole Casperson | July 29, 2021 AssetMark …

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AssetMark To Snap Up Multibillion-dollar TAMP Business From …

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Jun 20, 2024 · Under the strategic alliance announced Thursday, Assetmark’s wholly owned RIA subsidiary will acquire roughly $12 billion in assets from the Morningstar Wealth Turnkey Asset …

investmentnews.com

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AssetMark Signs Definitive Agreement To Be Acquired By GTCR

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Apr 25, 2024 · AssetMark stockholders will receive $35.25 per share in cash, which represents a total equity valuation of approximately $2.7 billion. Under the terms of the agreement, GTCR …

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AssetMark Reports $108.9B Platform Assets For Fourth Quarter 2023

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Feb 21, 2024 · Platform assets increased 19.1% year-over-year to $108.9 billion. Quarter-over-quarter platform assets were up 9.4%, due to market impact net of fees of $8.1 billion and …

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How Private Equity Ownership Will And Won't Change AssetMark

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Oct 2, 2024 · The wealth management technology platform provider AssetMark is now fully owned by the private equity shop GTCR, which struck a deal back in April to buy the firm for $2.7 billion.

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AssetMark Acquires Voyant In $145 Million Deal - Investment News

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Mar 1, 2021 · AssetMark ranks third largest TAMP with $67.3 billion in AUM right behind SEI at $69.4 billion AUM and Envestnet at $229 billion in AUM. Latest News

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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 , opens new tab, in a deal that would take the wealth management platform private …

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NIKE, Inc. (NYSE:NKE) Shares Sold By Assetmark Inc ... - ETF Daily …

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4 days ago · The business had revenue of $11.59 billion for the quarter, compared to analyst estimates of $11.64 billion. NIKE had a net margin of 10.60% and a return on equity of 39.84%.

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AssetMark To Add $5.7 Billion In AUM With Acquisition

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Aug 13, 2018 · AssetMark Inc., a Concord, Calif.-based turnkey asset management program for advisers, has agreed to acquire Global Financial Private Capital, a Sarasota, Fla.-based firm …

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AssetMark And Cheetah Deliver A Unified Wealth Management …

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3 days ago · As of September 30, 2024, the Company had over $127 billion in platform assets. AssetMark, Inc. is a Registered Investment Adviser with the U.S. Securities and Exchange …

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FAQs about AssetMark posts $84 billion in AUM under new CEO 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 many employees does Assetmark have?

With a history going back to 1996, AssetMark has over 1,000 employees, and its platform serves over 9,200 financial advisors and over 261,000 investor households. As of June 30, 2024, the Company had over $119 billion in platform assets. AssetMark, Inc. is a Registered Investment Adviser with the U.S. Securities and Exchange Commission. ...

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. ...

Who owns Assetmark?

The wealth management technology platform provider AssetMark is now fully owned by the private equity shop GTCR, which struck a deal back in April to buy the firm for $2.7 billion. The new ownership structure is a big change in some ways for the company — bringing in new expertise and substantial resources to invest in the platform. ...

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. ...

What makes Assetmark unique?

AssetMark differentiates itself through its comprehensive end-to-end offering and the personalized, high-touch service model it delivers to its financial advisor customers. The AssetMark platform serves over 9,300 financial advisors and over 257,000 investor households. ...