Assetmark Financial Holdings Inc   (AMK)
Other Ticker:  
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
Price: $24.4200 $-0.79 -3.134%
Day's High: $25.44 Week Perf: -3.25 %
Day's Low: $ 24.25 30 Day Perf: -16.66 %
Volume (M): 94 52 Wk High: $ 33.00
Volume (M$): $ 2,300 52 Wk Avg: $27.04
Open: $24.99 52 Wk Low: $16.89

 Market Capitalization (Millions $) 1,819
 Shares Outstanding (Millions) 75
 Employees -
 Revenues (TTM) (Millions $) 666
 Net Income (TTM) (Millions $) 106
 Cash Flow (TTM) (Millions $) 89
 Capital Exp. (TTM) (Millions $) 40

Assetmark Financial Holdings Inc
Assetmark Financial Holdings Inc is a leading provider of wealth management and investment solutions to independent financial advisors and their clients. The company was founded in 1996 and is headquartered in Concord, California. It operates through its wholly-owned subsidiaries Assetmark, Inc and Assetmark Trust Company.

Assetmark's core business is to offer integrated investment solutions to financial advisors who work with high net worth individuals, retirees, and institutions. The company provides a wide array of investment solutions, including mutual funds, exchange-traded funds (ETFs), separately managed accounts, and fixed income instruments such as bonds. These investment solutions are structured to fit a variety of risk profiles, from ultra-conservative to aggressive, and offer diversification across multiple asset classes.

The company also offers a number of value-added services to its financial advisor clients, including comprehensive financial planning and investment management tools, as well as support for policy development and compliance. Assetmark also provides customized reporting and advanced analytics, in addition to a range of training and educational resources for financial advisors.

Assetmark Trust Company is a federally chartered, non-depository trust company that provides trust and custody services to financial advisors and their clients. The company manages custody of financial assets such as cash, securities, and alternative investments, and provides unique trust services related to estate planning, charitable giving, and other specialized needs.

Assetmark has a robust technology platform that enables financial advisors to efficiently manage their clients' assets and communicate with them in real-time. The platform is designed to support the unique needs of independent financial advisors, and is fully scalable to accommodate growth and changing business needs.

In terms of its financial performance, Assetmark had total revenue of $357 million in fiscal year 2020, and AUM (assets under management) of $75.8 billion as of December 31, 2020. The company has approximately 9,500 financial advisor clients and over 283,000 investor accounts.

Overall, Assetmark Financial Holdings Inc is a reputable financial solutions provider that offers a broad range of investment services and value-added services to financial advisors and their clients. The company's strong performance, cutting-edge technology, and reputation for excellence in the financial services industry have positioned it as a leader in its sector.

   Company Address: 1655 Grant Street Concord 94520 CA
   Company Phone Number: 521-2200   Stock Exchange / Ticker: NYSE AMK
   AMK is expected to report next financial results on November 07, 2023.


Stock Performances by Major Competitors

5 Days Decrease / Increase
• View Complete Report

Puyi Inc

Puyi Inc's Revenue Plummets by Almost 44%, Urgent Measures Needed for Financial Recovery

Puyi Inc, an Investment Services company, recently released their financial report for the time-frame ending June 30, 2023. Unfortunately, the results were disappointing, as the company witnessed a significant decrease in revenue of -43.992% compared to the same period last year. Revenue fell to $15.78 million, which is a considerable decline.
Furthermore, Puyi Inc recorded a net deficit per share of $-0.07 for the financial time-frame ending June 30, 2023, compared to $-0.10 in the previous fiscal year. This indicates a slight improvement, but it is still a cause for concern. The company clearly needs to take measures to address its financial performance and turn things around.

Value Line Inc

A Restrained Top-Line Improvement Signals Stability for Value Line Inc during Q1 2024

Value Line Inc, an Investment Services company, has reported a moderate revenue rise of 2.54% to $10.50 million for the fiscal period ending July 31, 2023. This growth in revenue is a positive sign for the company in comparison to its industry contemporaries who saw an overall 2.04% revenue rise during the same time frame.
Earnings per share for Value Line Inc also showed a growth of 10.64%, reaching $0.52 year on year. The company's income increased by 21.53% to $0.43 per share, and the first quarter of the 2024 earnings season saw earnings of $4.859 million, a 9% increase from the previous year.

Moelis And Co

Moelis and Co's Second Quarter 2023 Results Reveal Surprising Decline in Demand and a Challenging Financial Landscape

Moelis and Co, a prominent investment services firm, recently released its financial results for the second quarter of 2023, highlighting a noteworthy decline in demand and an increase in deficit. In this article, we will delve into the implications of these results and speculate on how they might shape the company's future trajectory.
Deficit and Declining Demand:
Moelis and Co faced a significant setback in its financial performance, as the deficit per share surged from $0.56 to $-0.17. This rise in deficit can be primarily attributed to a declining demand scenario. The company experienced a substantial drop in revenue by -25.833%, with figures reducing from $242.52 million to $179.87 million compared to the previous year.

Evercore Inc

Evercore Inc defies the odds with a staggering -20.715% revenue dip in Q2 2023, but unveils hidden resilience and potential amid post-pandemic turmoil

Investors in the stock market have witnessed a turbulent period recently, with many companies struggling to cope in the post-pandemic world. However, amidst this uncertainty, there are always opportunities to be seized. One such opportunity lies with Evercore Inc, a company that has faced its fair share of challenges but has also demonstrated resilience and potential.
Examining the financial time-frame closing on June 30, 2023, it is evident that Evercore Inc has experienced a decline in various key financial indicators. Income per share witnessed a significant plummet of -59.23%, falling from $2.33 per share to $0.95 per share when compared to the previous year. Additionally, profit declined by -53.88% from the prior quarter, with earnings per share dropping from $2.06 to an alarming $0.95 per share.

Ameriprise Financial Inc

Ameriprise Financial Inc Surprises with Astonishing Double-Digit Revenue and Income Growth in Q2 2023

AMP, also known as Ameriprise Financial Inc, has just released its financial report for the second quarter of 2023, and the results are impressive. The company saw a double-digit rise in both revenue and income during this period, which has surprised many in the investment services industry.
Starting with revenue, AMP recorded $4.01 billion, marking a significant increase of 14.127% from the previous year. Additionally, there was a 4.213% surge in revenue compared to the previous quarter. These figures show that AMP has been able to achieve revenue growth while many other companies in the investment services sector have experienced a decline of -2.93%.


Assetmark Financial Holdings Inc's Segments
• View Complete Report


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com