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 Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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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.

AssetMark WealthBuilder℠ Prospecting provides a streamlined and customized experience for managing and converting leads AssetMark WealthBuilder℠ Prospecting provides a streamlined and customized experience for managing and converting leads

AssetMark Launches Digital Prospecting Capability for Advisors

CONCORD, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended December 31, 2021 after the U.S. market close on Tuesday, February 15, 2022. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce Fourth Quarter 2021 Results on February 15, 2022

CONCORD, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) announced today that it has entered into an Amended and Restated Credit Agreement with ten banks, led by Bank of Montreal as Administrative Agent and Sustainability Coordinator. The agreement provides for a $500 million Senior Secured Credit Facility, comprised of a $375 million revolving facility and a $125 million term loan. The agreement also carries an accordion feature allowing for an additional $100 million of capacity, subject to customary terms and conditions.

AssetMark Announces Five Year Credit Facility Extension and Upsize to $500 Million

AssetMark Financial Holdings, Inc. (AMK) CEO Natalie Wolfsen on Q3 2021 Results - Earnings Call Transcript

AssetMark Financial (AMK) delivered earnings and revenue surprises of 2.56% and 1.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

AssetMark Financial (AMK) Q3 Earnings and Revenues Beat Estimates

CONCORD, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended September 30, 2021.

AssetMark Reports $86.8B Platform Assets for Third Quarter 2021

CONCORD, Calif., Oct. 18, 2021 (GLOBE NEWSWIRE) -- AssetMark, a leading wealth advisory platform, announced today that CEO Natalie Wolfsen has been honored by the San Francisco Business Times as one of the Most Influential Women in Bay Area Business of 2021. The award honors leaders that exemplify creativity, passion, vision and perseverance in their industry.

AssetMark CEO Natalie Wolfsen Recognized in San Francisco Business Times' Most Influential Women in Business of 2021

CONCORD, Calif., Oct. 14, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended September 30, 2021 after the U.S. market close on Tuesday, November 9, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce Third Quarter 2021 Results on November 9, 2021

AssetMark SMA Suite empowers advisors to meet the changing needs of their clients AssetMark SMA Suite empowers advisors to meet the changing needs of their clients

AssetMark Launches Suite of Separately Managed Accounts

AssetMark Financial Holdings, Inc. (AMK) CEO Natalie Wolfsen on Q2 2021 Results - Earnings Call Transcript

AssetMark Financial (AMK) delivered earnings and revenue surprises of 5.88% and 1.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

AssetMark Financial (AMK) Q2 Earnings and Revenues Top Estimates

CONCORD, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2021.

AssetMark Reports $84.6B Platform Assets for Second Quarter 2021

AssetMark Financial Hldgs (NYSE:AMK) will be releasing its next round of earnings this Wednesday, July 28. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.

Earnings Outlook For AssetMark Financial Hldgs

CONCORD, Calif., July 13, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended June 30, 2021 after the U.S. market close on Wednesday, July 28, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce Second Quarter 2021 Results on July 28, 2021

CONCORD, Calif., July 01, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK), a leading provider of wealth management and technology solutions for financial advisors, today announced the completion of its acquisition of Voyant, a global provider of SaaS-based financial planning, wellness and client digital engagement solutions. Voyant serves more than 20,000 advisors across financial institutions and small advisor firms in the United Kingdom, Canada, Ireland, and the United States.

AssetMark Closes on the Acquisition of Voyant

McNatt will lead the company's center of excellence for investment solutions and experience McNatt will lead the company's center of excellence for investment solutions and experience

AssetMark Names David McNatt Executive Vice President, Head of Investment Solutions

CONCORD, Calif., May 25, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the following investor conferences in June:

AssetMark to Participate in Upcoming Investor Conferences

AssetMark Financial Holdings, Inc. (AMK) CEO Natalie Wolfsen on Q1 2021 Results - Earnings Call Transcript

AssetMark Financial (AMK) delivered earnings and revenue surprises of -6.25% and -1.17%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

AssetMark Financial (AMK) Q1 Earnings and Revenues Miss Estimates

Shares of AssetMark Financial Hldgs (NYSE:AMK) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 25.00% over the past year to $0.30, which missed the estimate of $0.31.

Recap: AssetMark Financial Hldgs Q1 Earnings

CONCORD, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2021.

AssetMark Reports $78.9B Platform Assets for First Quarter 2021

Two-day summit will feature guest speakers including Shark Tank's Kevin O'Leary and Nerd's Eye View Publisher Michael Kitces Two-day summit will feature guest speakers including Shark Tank's Kevin O'Leary and Nerd's Eye View Publisher Michael Kitces

AssetMark Institutional to Host RIA Summit Providing Deep Dive into RIA Business Models May 25-26

CONCORD, Calif., April 20, 2021 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK) today announced it has won a 2021 Silver Stevie Award in the Customer Service Department of the Year - Financial Services (100 or More Employees) category. The Stevie Awards for Sales & Customer Service recognize the achievements of contact center, customer service, business development, and sales professionals worldwide.

AssetMark Wins Stevie® Award for Customer Service

CONCORD, Calif., April 15, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended March 31, 2021 after the U.S. market close on Tuesday, May 4, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.

AssetMark to Announce First Quarter 2021 Results on May 4, 2021

AssetMark Financial (AMK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

News for Assetmark Financial Holdings Inc Stock (AMK)