Assetmark Financial Holdings Inc

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions. It also provides end-to-end experience, spanning nearly all elements of an adviser’s engagement with client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.

Earnings data Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.

Ameriprise Financial

Virtus Investment Partners

The global financial advisory market is expected to grow to $240 billion in 2027 at a compound annual growth rate of more than 3%. The industry growth is attributed to the rise in the number of high-net-worth individuals (HNWI) worldwide.

Plan and Profit: 3 Retirement Advisory Stocks Worth Your Investment

CONCORD, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

August AMK Report

CONCORD, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that, in line with the AssetMark Board of Directors' established succession plan, Michael Kim has been named the company's new Chief Executive Officer, effective immediately.

AssetMark Names Michael Kim Chief Executive Officer

CONCORD, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

July AMK Report

AssetMark Financial Holdings, Inc. (NYSE:AMK ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Taylor Hamilton – Head-Investor Relations Natalie Wolfsen – Chief Executive Officer Gary Zyla – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Cho – JPMorgan Dan Fannon – Jefferies Jeff Schmitt – William Blair Patrick O'Shaughnessy – Raymond James Operator Good afternoon, everyone. And welcome to AssetMark's Second Quarter 2023 Earnings Conference Call.

AssetMark Financial Holdings, Inc. (AMK) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for AssetMark Financial (AMK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

AssetMark Financial (AMK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

AssetMark Financial (AMK) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.44 per share a year ago.

AssetMark Financial (AMK) Lags Q2 Earnings and Revenue Estimates

CONCORD, Calif., Aug. 02, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2023.

AssetMark Reports $100.8B Platform Assets for Second Quarter 2023

Envestnet

AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy

AssetMark Financial (AMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AssetMark Financial (AMK) Reports Next Week: Wall Street Expects Earnings Growth

CONCORD, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended June 30, 2023, after the U.S. market close on Wednesday, August 2, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce Second Quarter 2023 Results on August 2, 2023

Kinsale Capital Group

Perion Network

Summit Materials

Invest in stocks like Summit Materials (SUM), Perion Network (PERI), Kinsale Capital Group (KNSL) & AssetMark Financial (AMK) for superb earnings growth.

4 Top Stocks to Buy Now for Solid Earnings Growth

CONCORD, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

June AMK Report

AssetMark Financial (AMK) possesses solid growth attributes, which could help it handily outperform the market.

AssetMark Financial (AMK) is an Incredible Growth Stock: 3 Reasons Why

CONCORD, Calif., June 12, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

May AMK Report

CONCORD, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the 43rd Annual William Blair Growth Stock Conference on June 6th and 7th in Chicago, IL. The Company will host one-on-one and group meetings. Analysts and portfolio managers that wish to attend this conference or would like to request a meeting should contact William Blair.

AssetMark to Attend the 43rd Annual William Blair Growth Stock Conference

Three new strategies added to AssetMark platform better help advisors serve their clients Three new strategies added to AssetMark platform better help advisors serve their clients

AssetMark Launches First Trust Investment Strategies for Financial Advisors

CONCORD, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

April AMK Report

CONCORD, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK), a leading wealth management platform for financial advisors, today announced the recipients of its 2023 Practice Excellence Awards. These awards, now in their sixth year, recognize financial advisory firms that have made significant achievements in the areas of operational excellence and technology adoption.

AssetMark Announces 2023 Practice Excellence Award Recipients

AssetMark Financial Holdings, Inc. (NYSE:AMK ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Taylor Hamilton - Head, IR Natalie Wolfsen - CEO Gary Zyla - EVP, Principal Accounting Officer and CFO Conference Call Participants Michael Cho - JPMorgan Jeff Schmitt - William Blair Patrick O'Shaughnessy - Raymond James Operator Good afternoon, everyone, and welcome to AssetMark's First Quarter 2023 Earnings Conference Call. Currently, all participants are in a listen-only mode.

AssetMark Financial Holdings, Inc. (AMK) Q1 2023 Earnings Call Transcript

The headline numbers for AssetMark Financial (AMK) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About AssetMark Financial (AMK) Q1 Earnings

AssetMark Financial (AMK) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.39 per share a year ago.

AssetMark Financial (AMK) Misses Q1 Earnings and Revenue Estimates

CONCORD, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2023.

AssetMark Reports $96.2B Platform Assets for First Quarter 2023

CONCORD, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- AssetMark today released its 2022 ESG Report, detailing the firm's progress in creating value for key stakeholders through environmental, social, and governance commitments.

AssetMark Releases Second Annual Environmental, Social and Governance (ESG) Report for 2022

AssetMark Financial (AMK) could produce exceptional returns because of its solid growth attributes.

News for Assetmark Financial Holdings Inc Stock (AMK)