AssetMark Financial Holdings, Inc. (AMK) Research

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.

Market snapshot

Symbol
AMK
Price
$35.24
Day change
-0.06%
Market cap
$2.6B
P/E ratio
21.21x
52-week range
22.92-37.54
Sector
Financial Services
Industry
Asset Management
Analyst price target
$41.00

Peer companies

  • Bread Financial Holdings, Inc. (BFH)
  • CI Financial Corp. (CIXX)
  • Hercules Capital, Inc. (HTGC)
  • Heartland Financial USA, Inc. (HTLF)
  • Hyzon Motors Inc. (HYZN)
  • Independent Bank Group, Inc. (IBTX)
  • Blue Owl Capital Corporation III (OBDE)
  • Pacific Premier Bancorp, Inc. (PPBI)

Recent insider activity

  • Huatai Securities Co., Ltd. — S-Sale (50873799 shares) on 2024-09-05
  • Minta-Jacobs Esi — D-Return (66766 shares) on 2024-09-05
  • Minta-Jacobs Esi — D-Return (12758 shares) on 2024-09-05
  • Minta-Jacobs Esi — D-Return (23282 shares) on 2024-09-05
  • McNatt Joel David JR — D-Return (6864 shares) on 2024-09-05

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