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Assetmark Financial Holdings Inc - AMK STOCK NEWS

Welcome to our dedicated news page for Assetmark Financial Holdings (Ticker: AMK), a resource for investors and traders seeking the latest updates and insights on Assetmark Financial Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Assetmark Financial Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Assetmark Financial Holdings's position in the market.

News
March AMK Report
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (NYSE: AMK) released its 'AssetMark Monthly Knowledge' Report, showing positive year-over-year growth in platform assets, net flows, and number of households for March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
none
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News
AssetMark Honors Financial Advisors with Community Inspiration Award
Rhea-AI Summary
AssetMark, Inc. awards $60,000 to six financial advisors for their outstanding community service efforts. The recipients were announced at the Gold Forum conference, with each advisor receiving $10,000 for their chosen charitable organization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
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News
February AMK Report
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (AMK) reported strong results in its 'AssetMark Monthly Knowledge' Report for February 2024. Platform assets reached $113.3 billion, up 20.1% YoY. Net flows increased by 6.9% YoY to $577 million. However, client cash decreased by 13.0% YoY to $2.89 billion. The number of households grew by 5.4% YoY to 255,908.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
none
News
AssetMark Launches Advisor Dashboard, First Step in Broader Digital Ecosystem Enhancements
Rhea-AI Summary
AssetMark launches Advisor Dashboard to enhance efficiency for financial advisors. The platform provides real-time client and business insights, empowering advisors with customizable dashboards for better management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
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News
AssetMark Reports $108.9B Platform Assets for Fourth Quarter 2023
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (AMK) reported strong financial results for Q4 2023, with net income of $34.6 million and adjusted net income of $44.0 million. Platform assets increased by 19.1% year-over-year to $108.9 billion, with over 9,300 advisors and 254,000 investor households on the platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
earnings
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News
January AMK Report
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (AMK) reported positive results in its 'AssetMark Monthly Knowledge' Report for January 2024. Platform assets reached $109.7 billion, up 14.5% YoY, with net flows of $432 million, a 24.5% YoY increase. Despite a decrease in client cash, the number of households grew by 5.6% YoY to 256,078.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
none
News
AssetMark to Announce Fourth Quarter 2023 Results on February 21, 2024
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (AMK) will release its financial results for the quarter ended December 31, 2023, on February 21, 2024, after the U.S. market close. A conference call and webcast will be held at 5:00 pm ET on the same day to discuss the results. Shareholders and interested parties can access the webcast on the AssetMark Investor Relations website or pre-register for the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
earnings
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News
AssetMark Launches Tax Management Services to Help Advisors Unlock Tax Efficiencies for Their Clients
Rhea-AI Summary
AssetMark, a wealth management platform, has announced the launch of its new Tax Management Services, including tax transitions, tax-efficient rebalancing, and loss harvesting. The services aim to help drive better outcomes on taxable assets through a personalized and user-friendly process for advisors and clients. The comprehensive suite of solutions was developed in response to strong demand from advisors for a top-tier tax management solution. The platform enables advisors to personalize plans for each client's unique needs and provides comprehensive reporting to quantify their positive impact and value to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
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News
December AMK Report
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (NYSE: AMK) released its 'AssetMark Monthly Knowledge' Report, revealing platform assets of $108.9 billion, up 19.0% year-over-year, with net flows of $628 million, up 82.0% year-over-year. However, AssetMark Trust Company client cash was $3.05 billion, down 13.8% year-over-year, and the number of households increased 5.4% year-over-year to 254,110 at the end of December.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.01%
Tags
none
News
November AMK Report
Rhea-AI Summary
AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report, showing platform assets of $104.1 billion, up 19.5% year-over-year, with net flows of $303 million, up 8.2% year-over-year. Despite a decrease in AssetMark Trust Company client cash by 18.0% year-over-year, the number of households increased by 12.5% year-over-year to 253,068.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
none
Stock AMK logo
Assetmark Financial Holdings Inc

NYSE:AMK

AMK Rankings

#1674 Ranked by Market Cap
#1181 Ranked by Stock Gains
N/A Ranked by Dividends

AMK Stock Data

2.62B
22.22M
69.58%
28.94%
0.31%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Concord

About AMK

assetmark is a leading independent provider of innovative investment and consulting solutions serving financial advisors. we provide investment, relationship and practice management solutions that advisors use to help clients achieve their investment objectives and life goals. our relentless service ethic and robust client relationship support set us apart. our offering is flexible to suit each advisor's vision for working with clients and growing their practice. assetmark, inc. has more than $36 billion in combined assets on its platform and a history of innovation spanning over 20 years. for more information, visit www.assetmark.com. disclosure: posts are not a solicitation for investment and are not intended as legal or compliance advice. individual investors should consult with their financial advisors, and qualified tax advisors, before making any investment decisions. financial advisors should always consult with their own legal and compliance departments, regarding regulatory an