AssetMark Financial Holdings, Inc. (AMK)

Sep 5, 2024 - AMK was delisted (reason: acquired by GTCR)
35.24
-0.02 (-0.06%)
Inactive · Last trade price on Sep 4, 2024
20.27%
Market Cap 2.64B
Revenue (ttm) 751.44M
Net Income (ttm) 143.30M
Shares Out 74.83M
EPS (ttm) 1.92
PE Ratio 18.36
Forward PE 13.03
Dividend n/a
Ex-Dividend Date n/a
Volume 1,471,672
Open 35.26
Previous Close 35.26
Day's Range 35.24 - 35.27
52-Week Range 22.92 - 37.54
Beta 1.10
Analysts Buy
Price Target 36.67 (+4.06%)
Earnings Date Nov 4, 2024

About AMK

AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer bi... [Read more]

Sector Financials
IPO Date Jul 18, 2019
Employees 990
Stock Exchange NYSE
Ticker Symbol AMK
Full Company Profile

Financial Performance

In 2023, AMK's revenue was $708.50 million, an increase of 15.83% compared to the previous year's $611.70 million. Earnings were $123.12 million, an increase of 19.23%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AMK stock is "Buy." The 12-month stock price forecast is $36.67, which is an increase of 4.06% from the latest price.

Price Target
$36.67
(4.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AssetMark and Cheetah Deliver a Unified Wealth Management Solution, Driving Growth and Efficiency for Financial Institutions

First State Bank Achieves Significant Results Through Innovative Collaboration First State Bank Achieves Significant Results Through Innovative Collaboration

6 days ago - GlobeNewsWire

AssetMark Launches Morningstar Wealth Investment Strategies for Financial Advisors

A suite of new strategies added to AssetMark platform to help advisors serve their clients. A suite of new strategies added to AssetMark platform to help advisors serve their clients.

2 months ago - GlobeNewsWire

AssetMark Completes Acquisition by GTCR, Launching New Era of Strategic Growth and Expansion

Asset Management and Financial Services Leader Lou Maiuri Named Chairman and Group CEO Asset Management and Financial Services Leader Lou Maiuri Named Chairman and Group CEO

2 months ago - GlobeNewsWire

July AMK Report

CONCORD, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

3 months ago - GlobeNewsWire

AssetMark Enhances Advisor Offerings with Expanded Cash Solutions Suite

CONCORD, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK), a leading wealth management platform for financial advisors, today announced the expansion of its Cash Solutions suite with th...

3 months ago - GlobeNewsWire

AssetMark Reports $119.4B Platform Assets for Second Quarter 2024

CONCORD, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2024.

4 months ago - GlobeNewsWire

June AMK Report

CONCORD, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

4 months ago - GlobeNewsWire

AssetMark to Enter Strategic Alliance with Morningstar Wealth, Acquire Assets from TAMP Business

CONCORD, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Wealth management platform AssetMark, Inc., a wholly owned subsidiary of AssetMark Financial Holdings, Inc. and a Registered Investment Adviser (coll...

5 months ago - GlobeNewsWire

May AMK Report

CONCORD, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

5 months ago - GlobeNewsWire

The Schall Law Firm Initiates Investigation into Allegations Against AssetMark Financial Holdings, Inc. and Calls for Investors to Connect

LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financia...

6 months ago - Accesswire

ASSETMARK INVESTOR ALERT: Public Equity Buyout May Be Unfair To Shareholders; Block & Leviton Urges Shareholders To Contact The Firm To Understand Their Rights

AssetMark Financial Holdings, Inc. (NYSE: AMK) investigated for potential breaches of fiduciary duty. Shareholders urged to reach out to Block & Leviton.

6 months ago - GlobeNewsWire

AssetMark Announces 2024 Practice Excellence Award Recipients

CONCORD, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- AssetMark (NYSE: AMK), a leading wealth management platform for financial advisors, today announced the recipients of its 2024 Practice Excellence Aw...

6 months ago - GlobeNewsWire

CRUCIAL INVESTIGATION UPDATE: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financia...

6 months ago - Accesswire

CRUCIAL INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financia...

6 months ago - Accesswire

ASSETMARK INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) and Encourages Investors to Contact the Firm

PHILADELPHIA , May 30, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AssetMark Financial Holdings, Inc. (NYSE: AMK) ("AssetMark") on behalf of the company's investors. On Apr...

6 months ago - PRNewsWire

NOTICE OF INVESTIGATION: Kaskela Law LLC Announces Shareholder Investigation of AssetMark Financial Holdings, Inc. (NYSE: AMK) and Encourages Investors to Contact the Firm

PHILADELPHIA , May 20, 2024 /PRNewswire/ -- Shareholder protection law firm Kaskela Law LLC announces that it is investigating AssetMark Financial Holdings, Inc. (NYSE: AMK) ("AssetMark") on behalf of...

6 months ago - PRNewsWire

IMPORTANT SHAREHOLDER INVESTIGATION: The Schall Law Firm Announces it is Investigating Claims Against AssetMark Financial Holdings, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in AssetMark Financia...

6 months ago - Accesswire

April AMK Report

CONCORD, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

6 months ago - GlobeNewsWire

AssetMark Reports $116.9B Platform Assets for First Quarter 2024

CONCORD, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended March 31, 2024.

7 months ago - GlobeNewsWire

AssetMark Signs Definitive Agreement to be Acquired by GTCR

CONCORD, Calif.--(BUSINESS WIRE)--AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced tha...

7 months ago - Business Wire

March AMK Report

CONCORD, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

8 months ago - GlobeNewsWire

AssetMark Honors Financial Advisors with Community Inspiration Award

AssetMark donates $60,000 in support of six financial advisors' outstanding commitment to local charities AssetMark donates $60,000 in support of six financial advisors' outstanding commitment to loca...

8 months ago - GlobeNewsWire

February AMK Report

CONCORD, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today.

9 months ago - GlobeNewsWire

AssetMark Launches Advisor Dashboard, First Step in Broader Digital Ecosystem Enhancements

The new eWealthManager® homepage aims to help advisors manage their businesses more efficiently The new eWealthManager® homepage aims to help advisors manage their businesses more efficiently

9 months ago - GlobeNewsWire

AssetMark Financial Holdings, Inc. (AMK) Q4 2023 Earnings Call Transcript

AssetMark Financial Holdings, Inc. (AMK) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha