|Bid||26.49 x 1000|
|Ask||26.66 x 800|
|Day's Range||26.00 - 26.71|
|52 Week Range||22.87 - 28.61|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||58.07|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.33|
CONCORD, Calif., Aug. 15, 2019 -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company highlights for the month of.
Client engagement, personal income and individual stress levels are all positively impacted when financial advisers outsource their investment management, according to a new study commissioned and released by AssetMark Financial Holdings, Inc., a leading provider of innovative investment and technology solutions. The 2019 Impact of Outsourcing Study was conducted by independent market research firm Q8 Research, LLC using a quantitative online survey of 702 financial advisors across the nation. The study shows a strong connection between outsourcing and enhanced business outcomes: more than two-thirds of advisers report that outsourcing helps them acquire new clients, and 98 percent of advisers agree that outsourcing allows them to deliver better investment solutions.
CONCORD, Calif., Aug. 06, 2019 -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended June 30, 2019.
AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it paid off $125 million, or approximately half of its outstanding term loan debt, on its seven-year term loan that matures in 2025. “The paydown of half of our debt represents an important milestone in the improvement of our balance sheet,” said Gary Zyla, Chief Financial Officer at AssetMark. As of July 30, 2019, after giving effect to the pay down, AssetMark had $124.4 million of debt outstanding under its term loan, which was incurred in November 2018.
AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced the closing of its initial public offering of 14,375,000 shares of its common stock, including the full exercise by the underwriters of their option to purchase 1,875,000 shares of common stock from the selling stockholder, an affiliate of Huatai Securities Co., Ltd., at a price to the public of $22.00 per share. The aggregate net proceeds from the offering to AssetMark and the selling stockholder will be approximately $292 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by AssetMark.
AssetMark Financial Holdings, Inc. (NYSE: AMK), a leading provider of innovative investment and consulting solutions, today announced its common stock is now trading on the New York Stock Exchange (NYSE) under the ticker symbol “AMK” following its initial public offering. AssetMark’s Chief Executive Officer, Charles Goldman, was joined by Chief Financial Officer, Gary Zyla, as well as the company’s executive committee, board of directors, employees and advisers in celebrating this company milestone.
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . The IPO dates below are expected but not confirmed. Douyu International Holdings Ltd (DOYU) will issue nearly 67.4 million ...
Concord, California-based AssetMark Financial Holdings, Inc. proposes to offer 12.5 million shares in an IPO, with 6.25 million shares offered by the company and the remaining 6.25 million shares by selling shareholders, the company said in an amended prospectus filed with the SEC July 10. The company expects to price the offering between $19 and $21.