January AMK Report
12 Febrero 2024 - 3:15PM
AssetMark Financial Holdings, Inc. (NYSE: AMK) released its
“AssetMark Monthly Knowledge” Report today.
Company results for the month of January 2024 include:
- Platform assets of $109.7 billion at the end of January, up
14.5% year-over-year.
- Net flows were $432 million in the month of January, up 24.5%
year-over-year.
- AssetMark Trust Company client cash was $2.89 billion, down
13.0% year-over-year.
- Number of households increased 5.6% year-over-year to 256,078
at the end of January.
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Change |
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Mo. |
Yr. |
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Jan-23 |
Feb-23 |
Mar-23 |
Apr-23 |
May-23 |
Jun-23 |
Jul-23 |
Aug-23 |
Sep-23 |
Oct-23 |
Nov-23 |
Dec-23 |
Jan-24 |
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PLATFORM METRICS |
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Platform Assets (in $B) |
95.8 |
94.3 |
96.2 |
96.9 |
96.4 |
100.8 |
103.2 |
102.2 |
99.6 |
97.8 |
104.1 |
108.9 |
109.7 |
0.7% |
14.5% |
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Net Flows (in $M) |
347 |
540 |
744 |
433 |
637 |
624 |
540 |
555 |
448 |
334 |
303 |
628 |
432 |
-31.2% |
24.5% |
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CASH METRIC |
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Ending ATC Client Cash (in $B) |
3.32 |
3.32 |
3.19 |
2.87 |
2.95 |
2.94 |
2.79 |
2.83 |
2.90 |
2.92 |
2.68 |
3.05 |
2.89 |
-5.2% |
-13.0% |
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OTHER |
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Number of Households |
242,572 |
242,826 |
243,775 |
246,570 |
246,654 |
247,934 |
248,780 |
250,307 |
251,424 |
252,079 |
253,068 |
254,110 |
256,078 |
0.8% |
5.6% |
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This monthly data is being provided on a
supplemental basis and should not be taken as a substitute for the
Company’s financial statements filed with the Securities and
Exchange Commission as part of the Company’s Quarterly Report on
Form 10-Q for the quarter ended September 30, 2023. This monthly
data is preliminary and subject to revision and should not be taken
as an indication of the financial performance of AssetMark for the
quarter ending March 31, 2024, or any future period. AssetMark
undertakes no obligation to publicly update or review previously
reported monthly data. Any updates to previously reported monthly
data will be reflected in the historical data that can be found on
the Investor Relations page of the Company’s corporate website at
ir.assetmark.com. AssetMark reserves the right to discontinue the
availability of the data in this monthly report. By filing this
press release, AssetMark makes no admission as to the materiality
of any information contained herein.
About AssetMark Financial Holdings,
Inc. AssetMark operates a wealth management platform that
powers independent financial advisors and their clients. Together
with our affiliates Voyant and Adhesion Wealth, we serve advisors
of all models at every stage of their journey with flexible,
purpose-built solutions that champion client engagement and drive
efficiency. Our ecosystem of solutions equips advisors with
services and capabilities that would otherwise require significant
investments of time and money, ultimately enabling them to deliver
better investor outcomes and enhance their productivity,
profitability and client satisfaction.
Founded in 1996 and based in Concord, California,
the company has nearly 1,000 employees. As of year-end 2023, the
Company has approximately $109 billion in platform assets.
Contacts Investors:Taylor J.
Hamilton, CFAHead of Investor
RelationsInvestorRelations@assetmark.com
Media: Alaina KleinmanHead of PR &
Communicationsalaina.kleinman@assetmark.com
SOURCE: AssetMark Financial Holdings, Inc.
AssetMark Financial (NYSE:AMK)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
AssetMark Financial (NYSE:AMK)
Gráfica de Acción Histórica
De May 2023 a May 2024