U.S. Markets open in 7 hrs 33 mins

AssetMark Financial Holdings, Inc. (AMK)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
22.09-0.16 (-0.72%)
At close: 4:00PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close22.25
Open21.84
Bid22.13 x 900
Ask22.17 x 800
Day's Range21.84 - 22.19
52 Week Range13.94 - 34.02
Volume65,933
Avg. Volume127,632
Market Cap1.6B
Beta (5Y Monthly)N/A
PE Ratio (TTM)154.48
EPS (TTM)0.14
Earnings DateNov 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est27.50
  • AssetMark’s Natalie Wolfsen and Carrie Hansen Win Silver Stevie Awards
    GlobeNewswire

    AssetMark’s Natalie Wolfsen and Carrie Hansen Win Silver Stevie Awards

    Both Pioneering Leaders Receive Recognition in the Female Executive of the Year CategoryCONCORD, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK) today announced that EVP, Chief Operations Officer, President Mutual Funds Carrie Hansen, and AssetMark EVP, Chief Solutions Officer Natalie Wolfsen won Silver Stevie® Awards in the Female Executive of the Year -- Business Services -- 11 to 2,500 Employees category. The Stevie Awards for Women in Business are the world's premier honors for female executives, entrepreneurs, employees, and the companies they run. Both Ms. Hansen and Ms. Wolfsen will be among those recognized for the 17th annual Stevie Awards for Women in Business.Ms. Wolfsen’s determination in improving the quality of and access to financial services can be seen in her thought leadership advocating for holistic advisor-client conversations, fiduciary duty, and diversity and inclusion in the financial services sector. Through her roles at AssetMark and the CFP Board Center for Financial Planning, Ms. Wolfsen has led events and initiatives to promote positive change and meet the evolving needs of the industry, including webinars designed to guide advisors and their investors through the pandemic, which attracted more than 10,000 attendees.Ms. Hansen fosters a culture of service focused on delivering personalized and best-in-class customer support. To ensure her team creates authentic relationships and emotional connections with advisors, Ms. Hansen hires people with a passion for service. Her leadership helped move 100% of AssetMark’s operations and service team online in two days to meet the challenges of COVID-19, including a ramp up of team efforts to meet a 2x increase in in-bound advisor calls.“Ms. Hansen and Ms. Wolfsen are dedicated, tireless leaders who have had a profound impact in shaping our unmatched culture of service and caring at AssetMark, and on the financial services industry at large, and the people and communities they serve,” said AssetMark President and CEO Charles Goldman. “By meeting the pandemic head-on with such determined leadership, these two industry pioneers have set the standard for other aspiring leaders to follow when facing any high-stakes situation. Both Ms. Wolfsen and Ms. Hansen embody AssetMark's mission to make a difference in the lives of advisors and their clients, and I’m extremely proud to have them both on our team.”All Stevie Awards winners will be celebrated during a virtual awards ceremony on Wednesday, December 9. This year, more than 1,500 entries were submitted for consideration in over 100 categories. Gold, Silver, and Bronze Stevie Award winners were determined by the average scores of more than 180 business professionals around the world, working on seven juries. Details about the Stevie Awards for Women in Business and the list of 2020 Finalists in all categories are available at stevieawards.com/women.About AssetMark Financial Holdings, Inc.AssetMark is a leading provider of extensive wealth management and technology solutions that help financial advisors meet the ever-changing needs of their clients and businesses. Through AssetMark, Inc., its investment adviser subsidiary registered with the U.S. Securities and Exchange Commission, AssetMark operates a platform that brings together fully integrated technology, personalized and scalable service, and curated investment solutions to support financial advisors and their businesses. For more than 20 years, AssetMark has focused on offering the solutions and services that help financial advisors grow. AssetMark had $63 billion in platform assets as of June 30, 2020. For more information visit assetmark.com.Media Contact: Chris Blake MSR Communications for AssetMark, Inc. chris@msrcommunications.comSource: AssetMark, Inc.

  • GlobeNewswire

    AssetMark to Announce Third Quarter 2020 Results on November 10, 2020

    CONCORD, Calif., Oct. 19, 2020 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended September 30, 2020 after the U.S. market close on Tuesday, November 10, 2020. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in.Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com.Alternatively, listeners can pre-register for the conference call here: http://www.directeventreg.com/registration/event/6976079. Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID. In the 10 minutes prior to the call start time, you may use the conference access information (dial in number, direct event passcode and registrant ID) provided in the confirmation email received at the point of registering to join the call directly.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 advisor subsidiary registered with the 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. AssetMark had $63.2 billion in platform assets as of June 30th, 2020 and has a history of innovation spanning more than 20 years.Contacts Investors: Taylor J. Hamilton, CFA Head of Investor Relations InvestorRelations@assetmark.comMedia: Chris Blake MSR Communications chris@msrcommunications.comSOURCE: AssetMark Financial Holdings, Inc.

  • GlobeNewswire

    September AMK Report

    CONCORD, Calif., Oct. 12, 2020 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company highlights for the month of September 2020 include: * Platform assets of $67.3 billion at the end of September, up 16.2% year-over-year. * Net flows were $349 million in the month of September, up 11.9% year-over-year. In the third quarter, net flows totaled $1.2 billion. \--  Excluding flows from the recently acquired OBS Financial, monthly flows were $485 million. \--  OBS net flows were negative $136 million driven by two large banking relationships who have elected to not move to the AMK platform. * AssetMark Trust Company client cash was $2.66 billion, up 52.0% year-over-year. * Number of households increased 14.5% year-over-year to 182,683 at the end of September.                                  Change                 Mo.Yr.   Sep-19Oct-19Nov-19Dec-19Jan-20Feb-20Mar-20Apr-20May-20Jun-20Jul-20Aug-20Sep-20     PLATFORM METRICS                  Platform Assets (in $B)57.959.260.661.6 61.861.756.059.862.063.265.668.067.3 -1.0%16.2%  Net Flows (in $M)312755547(194)472703659414137357319541349 -35.5%11.9%  CASH METRIC                  Ending ATC Client Cash (in $B)1.751.781.741.88 1.751.812.993.042.842.962.602.632.66 1.1%52.0%  OTHER                  Number of Households159,496161,262162,503162,225 163,644175,026176,681177,975178,284179,166181,115181,977182,683 0.4%14.5%                                        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 June 30, 2020. 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 September 30, 2020 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.Forward-Looking StatementsThis press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings we make with the Securities and Exchange Commission. AssetMark undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.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.comMedia:  Chris Blake MSR Communications chris@msrcommunications.comSOURCE: AssetMark Financial Holdings, Inc.