AssetMark Financial Holdings Inc.’s (AMK) wholly-owned subsidiary AssetMark Inc. entered into a strategic coalition with Morningstar Wealth, a division of Morningstar Inc. (MORN) . The transaction, approved by the board of directors of both companies, is expected to be closed in the second half of 2024, subject to regulatory approvals. AssetMark will acquire roughly $12 billion in assets from Morningstar Wealth Turnkey Asset Management Platform ("TAMP") as part of the alliance. AssetMark’s platform, which o ...

CONCORD, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Wealth management platform AssetMark, Inc., a wholly owned subsidiary of AssetMark Financial Holdings, Inc. and a Registered Investment Adviser (collectively "AssetMark"), today announced a strategic alliance with Morningstar Wealth, a division of independent investing insights firm Morningstar, Inc. (Nasdaq: MORN). As part of the alliance, AssetMark will acquire approximately $12 billion in assets from the Morningstar Wealth Turnkey Asset Management Platfo ...

CONCORD, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company results for the month of May 2024 include: Platform assets of $117.7 billion at the end of May, up 22.1% year-over-year. Net flows were $611 million in the month of May, down 4.1% year-over-year. AssetMark Trust Company client cash was $2.84 billion, down 3.7% year-over-year. Number of households increased 5.7% year-over-year to 260,756 at the end ...

CONCORD, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company results for the month of May 2024 include: Platform assets of $117.7 billion at the end of May, up 22.1% year-over-year. Net flows were $611 million in the month of May, down 4.1% year-over-year. AssetMark Trust Company client cash was $2.84 billion, down 3.7% year-over-year. Number of households increased 5.7% year-over-year to 260,756 at the end ...

PHILADELPHIA, June 04, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark”) on behalf of the company’s shareholders. On April 25, 2024, AssetMark announced that it had agreed to be acquired by private equity firm GTCR at a price of $35.25 per share in cash. Following the closing of the proposed transaction, AssetMark’s shareholders will be cashed out of their investment position and the company’s shares will no longer be pub ...

CONCORD, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) released its "AssetMark Monthly Knowledge" Report today. Company results for the month of April 2024 include: Platform assets of $113.7 billion at the end of April, up 17.3% year-over-year. Net flows were $696 million in the month of April, up 60.7% year-over-year. AssetMark Trust Company client cash was $2.86 billion, down 0.3% year-over-year. Number of households increased 6.0% year-over-year to 261,430 at the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________________________ FORM 10-Q _______________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38980 _________________________ ...

AssetMark Financial (AMK) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.64%. A quarter ago, it was expected that this financial services company would post earnings of $0.57 per share when it actually produced earnings of $0.59, delivering a surprise of 3.51%. Over the last four ...

EXHIBIT 99.1 AssetMark Reports $116.9B Platform Assets for First Quarter 2024 CONCORD, Calif., May 1, 2024, (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights • Net income for the quarter was $38.0 million, or $0.51 per share. • Adjusted net income for the quarter was $45.2 million, or $0.60 per share, on total revenue of $190.3 million. • Adjusted EBITDA for the qua ...

公司概况 - AssetMark Financial Holdings, Inc.成立于1996年，总部位于加利福尼亚州康科德市，拥有超过1,000名员工[6] 资产情况 - AssetMark Financial Holdings, Inc.于2024年3月的平台资产达到了1169亿美元，同比增长21.5%[2] - 截至2024年3月底，AssetMark Trust Company客户现金为3.17亿美元，同比下降0.6%[2] 客户情况 - 截至2024年3月底，家庭数量同比增长5.5%，达到257,162户[2]