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 Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

AssetMark reports record 2022 results, outlines growth strategies for 2023

AssetMark Financial Holdings Inc delivered strong financial performance in 2022 and Q4, with record results and robust growth metrics. The company's strategic focus on meeting advisers' needs, enhancing client experience, and pursuing growth initiatives positions it well for future success. While facing challenges in organic growth and market uncertainties, AssetMark's strong cash position and investment priorities offer opportunities for sustained growth and innovation.
Analysts' inquiries into fixed rate term contracts and demand for fixed-term deposits underscore areas for potential refinement and product development. AssetMark's emphasis on differentiation, strategic transactions, and market positioning highlight its commitment to driving value and staying competitive in the evolving financial landscape.

AssetMark achieves record Q1 earnings, focuses on growth strategies

AssetMark's Q1 2023 earnings call highlighted robust financial performance, strategic initiatives, and growth prospects, underpinned by record revenue and net income.
The company's strengths lie in its strong advisor additions, revenue diversification efforts, and focus on technology and service enhancements to attract and retain advisors.
While facing challenges in maintaining growth momentum and meeting market expectations, AssetMark has opportunities to leverage its market position, strategic pillars, and M&A activities for sustained growth.

AssetMark reports record Q2 earnings, poised for growth ahead

AssetMark Financial Holdings Inc delivered exceptional financial performance in Q2 2023, setting new records across key metrics and demonstrating strong growth momentum.
The company's focus on innovation, advisor support, and expense management positions it well for future success and sustained growth.
With a positive outlook for platform asset and revenue growth, AssetMark is poised to capitalize on opportunities and navigate challenges effectively in the coming quarters.

AssetMark reports record Q3 results, targets doubling in size

AssetMark's Q3 performance showcased strong financial results and ambitious growth targets, driven by strategic initiatives and successful partnerships.
While facing challenges in cost management and execution of growth plans, the company is well-positioned to capitalize on opportunities in automation, M&A, and regulatory compliance.
Overall, AssetMark's focus on organic growth, cost efficiency, and advisor support sets a solid foundation for future expansion and market leadership.

AssetMark posts record 2023 results, sets ambitious growth targets for 2024

AssetMark Financial Holdings Inc (AMK) delivers strong 2023 results and outlines a strategic roadmap for 2024, focusing on technology, service, and growth initiatives.
The company's performance reflects robust financial metrics, advisor engagement, and a clear vision for sustainable growth and operational efficiency.
Challenges include market uncertainties and financial pressures from investments, while opportunities exist in service expansion, partnerships, and cost-saving automation.
Overall, AssetMark's proactive approach to innovation, client service, and financial management positions it well for continued success and value creation in the financial services sector.

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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.

LOS ANGELES, CA / ACCESSWIRE / May 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financial Holdings, Inc. ("AssetMark" or "the Company") (NYSE:AMK) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the AssetMark board breached its fiduciary duties to shareholders.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financial Holdings, Inc. ("AssetMark" or "the Company") (NYSE:AMK) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the AssetMark board breached its fiduciary duties to shareholders.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the Firm

CONCORD, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

April AMK Report

Here is how AssetMark Financial (AMK) and Berkshire Hathaway B (BRK.B) have performed compared to their sector so far this year.

Is AssetMark Financial (AMK) Stock Outpacing Its Finance Peers This Year?

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.

AssetMark Financial (AMK) Misses Q1 Earnings Estimates

CONCORD, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2024.

AssetMark Reports $116.9B Platform Assets for First Quarter 2024

NEW YORK , April 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating AssetMark Financial Holdings, Inc. (NYSE: AMK), relating to its proposed merger with GTCR.

INVESTIGATION: The M&A Class Action Firm Announces An Investigation of AssetMark Financial Holdings, Inc. - AMK

MILWAUKEE , April 25, 2024 /PRNewswire/ -- Ademi LLP is investigating AssetMark (NYSE: AMK) for possible breaches of fiduciary duty and other violations of law in its transaction with GTCR. Click here to learn how to join the https://www.ademilaw.com/case/assetmark-financial-holdings-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether AssetMark Financial Holdings, Inc. has obtained a Fair Price in its transaction with GTCR

CONCORD, Calif.--(BUSINESS WIRE)--AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management. AssetMark stockholders will receive $35.25 per share in cash, which represents a total equity valuation of approxi.

AssetMark Signs Definitive Agreement to be Acquired by GTCR

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) Earnings Expected to Grow: What to Know Ahead of Q1 Release

CONCORD, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

March AMK Report

AssetMark Financial (AMK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in AssetMark Financial (AMK): Can Its 6.6% Jump Turn into More Strength?

AssetMark donates $60,000 in support of six financial advisors' outstanding commitment to local charities AssetMark donates $60,000 in support of six financial advisors' outstanding commitment to local charities

AssetMark Honors Financial Advisors with Community Inspiration Award

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CONCORD, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

February AMK Report

AssetMark (AMK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How AssetMark (AMK) Stock Stands Out in a Strong Industry

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The new eWealthManager® homepage aims to help advisors manage their businesses more efficiently The new eWealthManager® homepage aims to help advisors manage their businesses more efficiently

AssetMark Launches Advisor Dashboard, First Step in Broader Digital Ecosystem Enhancements

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

Is AssetMark Financial (AMK) a Solid Growth Stock? 3 Reasons to Think "Yes"

AssetMark Financial (AMK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why AssetMark Financial (AMK) Might be Well Poised for a Surge

CIXXF, SPXC and AMK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 27, 2023.

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Here is how Berkshire Hathaway B (BRK.B) and AssetMark Financial (AMK) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Berkshire Hathaway (BRK.B) This Year?

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AssetMark Financial Holdings, Inc. (AMK) Q4 2023 Earnings Call Transcript

News for Assetmark Financial Holdings Inc Stock (AMK)