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AssetMark Financial Holdings, Inc. (NYSE: AMK) has announced the release of its financial results for the quarter ended March 31, 2023. The results will be disclosed after the U.S. market closes on May 3, 2023. Following the announcement, the company will host a conference call and webcast at 5:00 pm ET to discuss the results. Interested parties can listen live via the AssetMark Investor Relations website or pre-register for the conference call to receive dial-in information. AssetMark specializes in wealth management solutions, serving approximately 9,200 financial advisors and about 243,000 investor households, with $91.5 billion in platform assets as of December 31, 2023.
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AssetMark Financial Holdings, Inc. (NYSE: AMK) reported its monthly results for March 2023, showcasing a year-over-year increase in platform assets, which reached $96.2 billion, marking a growth of 5.9%. However, net flows decreased to $744 million, down 5.9% compared to the previous year. The company noted an increase in client cash to $3.19 billion, up 3.2%. The number of households served rose significantly, up 13.0% year-over-year to 243,775. This data serves as supplemental information and does not replace the financial statements filed for the year ending December 31, 2022.