ASSETMARK FINANCIAL HLD. overview

CONCORD, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company results for the month of March 2024 include: Platform assets of $116.9 billion at the end of March, up 21.5% year-over-year. Net flows were $833 million in the month of March, up 12.0% year-over-year. AssetMark Trust Company client cash was $3.17 billion, down 0.6% year-over-year. Number of households increased 5.5% year-over-year...

CONCORD, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- AssetMark, Inc., a leading wealth management platform for financial advisors, announced the recipients of its 2024 Community Inspiration Award at the firm's premier Gold Forum conference in Orlando, Florida. The annual Community Inspiration Award honors advisors who are making a significant impact in their communities through dedicated service, by awarding $10,000 to each advisor’s charitable organization. This year’s honored advisors and...

CONCORD, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company results for the month of February 2024 include: Platform assets of $113.3 billion at the end of February, up 20.1% year-over-year. Net flows were $577 million in the month of February, up 6.9% year-over-year. AssetMark Trust Company client cash was $2.89 billion, down 13.0% year-over-year. Number of households increased 5.4%...

CONCORD, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- AssetMark, a leading provider of wealth management solutions powering independent financial advisors and their clients, today announced the launch of its Advisor Dashboard, the new central hub of AssetMark’s digital platform. Designed to deliver real-time client and business insights, the Advisor Dashboard enhances efficiencies for advisors and streamlines their workflows. “At AssetMark, we are committed to empowering advisors with the...

CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial 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 quarter was $34.6 million, or $0.47 per share. Adjusted net income for the quarter was $44.0 million, or $0.59 per share, on total revenue of $158.2 million. Adjusted EBITDA for the quarter was $63.8 million, or 40.3% of total revenue. Platform assets...

CONCORD, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company results for the month of January 2024 include: Platform assets of $109.7 billion at the end of January, up 14.5% year-over-year. Net flows were $432 million in the month of January, up 24.5% year-over-year. AssetMark Trust Company client cash was $2.89 billion, down 13.0% year-over-year. Number of households increased 5.6%...

CONCORD, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended December 31, 2023, after the U.S. market close on Wednesday, February 21, 2024. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via...

CONCORD, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- AssetMark, a wealth management platform powering independent financial advisors and their clients, today announced the launch of its new Tax Management Services, a testament to its commitment to advisors' needs and preferences. The comprehensive and user-friendly set of solutions helps drive better outcomes on taxable assets through a personalized process that is straightforward and seamless for both advisors and clients. “Advisors have long...