AMK

Insider Trades

Name	Value	Action	Price	Current Price
Angus Ted F.EVP, General Counsel $43k1.2k shares SellJun 10, 2024 $34.33 --
Angus Ted F.EVP, General Counsel $289k8.4k shares SellJun 10, 2024 $34.41 --
Hansen Carrie E.EVP, Chief Operating Officer $43k1.2k shares SellJun 10, 2024 $34.33 --
Hansen Carrie E.EVP, Chief Operating Officer $322k9.4k shares SellJun 10, 2024 $34.41 --
Kim MichaelDirector, Officer: CEO And President $47k1.4k shares SellJun 10, 2024 $34.33 --
Kim MichaelDirector, Officer: CEO And President $278k8.1k shares SellJun 10, 2024 $34.41 --

Trade AMK

About AssetMark Financial Holdings, Inc.

AssetMark Financial Holdings, Inc. is a U.S.-based enterprise specializing in providing extensive wealth management and cutting-edge technology solutions. The company equips financial advisors with a versatile, open-architecture product platform, alongside expert client guidance, varied asset allocation possibilities, practice management resources, comprehensive support services, and innovative technological tools. A core offering is its integrated technology platform, which automates a wide array of processes for advisors. These include effortless new account setup, strategic portfolio development, streamlined financial planning, efficient customer billing, detailed investor reporting, analysis of progress towards financial goals, and thorough client activity monitoring. Furthermore, AssetMark offers advisory services and a carefully selected investment platform. In addition to its main services, the company provides cloud-based (SaaS) financial planning tools, wellness programs, and digital solutions for client interaction. It also manages mutual funds, offers custodial recordkeeping services primarily for the clientele of registered investment advisors, and extends wealth management expertise directly to individual investors. Established in 1996 and based in Concord, California, AssetMark primarily serves independent advisors who counsel U.S. investors and other advisory firms. The company operates as a subsidiary of Huatai International Investment Holdings Limited.

CEO: H. Michael Kim
IPO Date: Jul 18, 2019

Market Data

Open: $35.26
High: $35.27
Low: $35.24
Volume: 1.5M
Avg Volume: 478K
52W High: $37.54
52W Low: $22.92

Valuation

Market Cap: $2.6B
Enterprise Value: $2.5B
Dividend Yield: 0.00%

Financials

Free Cash Flow: $130M
Revenue: $708M
Net Income: $123M
Cash: $233M
Debt: $120M

Events

EarningsJul 18

EPS est. 0.66 · actual 0.66