U.S. markets closed
  • S&P Futures

    4,122.50
    -2.00 (-0.05%)
     
  • Dow Futures

    32,730.00
    -7.00 (-0.02%)
     
  • Nasdaq Futures

    13,025.00
    -6.50 (-0.05%)
     
  • Russell 2000 Futures

    1,912.90
    -1.70 (-0.09%)
     
  • Crude Oil

    90.38
    -0.12 (-0.13%)
     
  • Gold

    1,809.30
    -3.00 (-0.17%)
     
  • Silver

    20.48
    -0.01 (-0.03%)
     
  • EUR/USD

    1.0207
    -0.0010 (-0.10%)
     
  • 10-Yr Bond

    2.7970
    +0.0320 (+1.16%)
     
  • Vix

    21.77
    +0.48 (+2.25%)
     
  • GBP/USD

    1.2071
    -0.0006 (-0.05%)
     
  • USD/JPY

    135.2610
    +0.1450 (+0.11%)
     
  • BTC-USD

    23,068.07
    -762.04 (-3.20%)
     
  • CMC Crypto 200

    536.19
    -21.16 (-3.80%)
     
  • FTSE 100

    7,488.15
    +5.78 (+0.08%)
     
  • Nikkei 225

    27,752.92
    -247.04 (-0.88%)
     

June AMK Report

  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
AssetMark, Inc.
AssetMark, Inc.

CONCORD, Calif., July 11, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

Company results for the month of June 2022 include:

  • Platform assets of $82.1 billion at the end of June, down 3.0% year-over-year.

  • Net flows were $383 million in the month of June, down 59.0% year-over-year.

  • AssetMark Trust Company client cash was $3.70 billion, up 42.9% year-over-year.

  • Number of households increased 12.1% year-over-year to 220,172 at the end of June.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mo.

Yr.

 

 

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

Dec-21

Jan-22

Feb-22

Mar-22

Apr-22

May-22

Jun-22

 

 

 

PLATFORM METRICS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Platform Assets (in $B)

84.6

86.1

88.5

86.8

90.3

89.8

93.5

90.5

89.5

90.8

86.0

86.9

82.1

-5.5%

-3.0%

 

Net Flows (in $M)

934

935

927

968

892

994

1,062

650

694

791

376

605

383

-36.7%

-59.0%

 

CASH METRIC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending ATC Client Cash (in $B)

2.59

2.47

2.45

2.61

2.43

2.62

2.93

2.85

2.86

3.09

2.92

3.60

3.70

2.8%

42.9%

 

OTHER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of Households

196,474

198,619

200,778

203,004

205,808

207,432

209,900

211,601

213,445

215,668

218,508

219,160

220,172

0.5%

12.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


This monthly data is being provided on a supplemental basis and should not be taken as a substitute for the Company’s financial statements filed with the Securities and Exchange Commission as part of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. This monthly data is preliminary and subject to revision and should not be taken as an indication of the financial performance of AssetMark for the quarter ending June 30, 2022 or any future period. AssetMark undertakes no obligation to publicly update or review previously reported monthly data. Any updates to previously reported monthly data will be reflected in the historical data that can be found on the Investor Relations page of the Company’s corporate website at ir.assetmark.com. AssetMark reserves the right to discontinue the availability of the data in this monthly report. By filing this press release, AssetMark makes no admission as to the materiality of any information contained herein.

About AssetMark Financial Holdings, Inc.

AssetMark is a leading provider of extensive wealth management and technology solutions that power independent financial advisors and their clients. Through AssetMark, Inc., its investment adviser subsidiary registered with the U.S. Securities and Exchange Commission, AssetMark operates a platform that comprises fully integrated technology, personalized and scalable service, and curated investment platform solutions designed to make a difference in the lives of advisors and their clients.

Contacts
Investors:
Taylor J. Hamilton, CFA
Head of Investor Relations
InvestorRelations@assetmark.com

Media: 
Alaina Kleinman
Head of PR & Communications
alaina.kleinman@assetmark.com

SOURCE: AssetMark Financial Holdings, Inc.