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AssetMark Financial Q4 2023 Earnings Report

AssetMark Financial EPS Results

Actual EPS
$0.54
Consensus EPS
$0.52
Beat/Miss
Beat by +$0.02
One Year Ago EPS
N/A

AssetMark Financial Revenue Results

Actual Revenue
$158.18 million
Expected Revenue
$188.88 million
Beat/Miss
Missed by -$30.70 million
YoY Revenue Growth
N/A

AssetMark Financial Announcement Details

Quarter
Q4 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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About AssetMark Financial

AssetMark Financial (NYSE:AMK), 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 billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools. In addition, it provides SaaS-based financial planning, wellness, and client digital engagement solutions; offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; wealth management solutions for individual investors; and overlay management, investment solutions, flexible desktop technology, and a manager marketplace. The company serves independent advisers who provide wealth management advice to the U.S. investors. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.

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