AMK

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

Retrieved on: 
Thursday, April 25, 2024
Suite, Ethics, GTCR, AMK, Security (finance)

The investigation focuses on determining if the AssetMark board breached its fiduciary duties to shareholders.

Key Points: 
  • The investigation focuses on determining if the AssetMark board breached its fiduciary duties to shareholders.
  • AssetMark announced on April 25, 2024, that it had signed a definitive agreement to be acquired by GTCR.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Breaking News: Is AssetMark's $35.25 Per Share Sale Price a Fair Deal? Johnson Fistel, LLP Investigates Deal Terms

Retrieved on: 
Thursday, April 25, 2024
Sale, LLP, GTCR, AMK, Acquisition, SAN

On April 25, 2024, AssetMark informed the public that it has agreed to a deal with GTCR, in which stockholders will receive $35.25 per share in an all-cash offer.

Key Points: 
  • On April 25, 2024, AssetMark informed the public that it has agreed to a deal with GTCR, in which stockholders will receive $35.25 per share in an all-cash offer.
  • Upon completion of the deal, AssetMark will be a private Company.
  • Stockholders of AssetMark are encouraged to contact Johnson Fistel to discuss their legal rights in this matter.
  • You can click or copy and paste the following link to join this investigation:

AssetMark Signs Definitive Agreement to be Acquired by GTCR

Retrieved on: 
Thursday, April 25, 2024
Banking, Fintech, Professional Services, Finance, LLP, UBS, Jefferies, Barclays, Partnership, Kirkland & Ellis, Huatai Securities, Morgan Stanley, AMK, Jefferies Group, BofA Securities, Orientation, GTCR, Growth, Financial services

AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management.

Key Points: 
  • AssetMark Financial Holdings, Inc. (NYSE: AMK) (“AssetMark” or “Company”), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management.
  • AssetMark stockholders will receive $35.25 per share in cash, which represents a total equity valuation of approximately $2.7 billion.
  • Under the terms of the agreement, GTCR will acquire a 100% interest in the Company.
  • Based in Concord, California, AssetMark is a leading wealth management technology company with approximately $117 billion of assets on the platform.

AssetMark Reports $108.9B Platform Assets for Fourth Quarter 2023

Retrieved on: 
Wednesday, February 21, 2024
AMK, Financial adviser

CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023.

Key Points: 
  • CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended December 31, 2023.
  • More than 2,600 new households and 154 new producing advisors joined the AssetMark platform during the fourth quarter.
  • In total, as of December 31, 2023, there were over 9,300 advisors (approximately 3,100 were engaged advisors) and over 254,000 investor households on the AssetMark platform.
  • "In 2023, AssetMark reached new heights and served a record-breaking 9,300 advisors who used our platform to help more than 254,000 investor households.

AssetMark to Announce Fourth Quarter 2023 Results on February 21, 2024

Retrieved on: 
Thursday, February 8, 2024
AMK, Webcast, ID, Internet

CONCORD, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended December 31, 2023, after the U.S. market close on Wednesday, February 21, 2024.

Key Points: 
  • CONCORD, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended December 31, 2023, after the U.S. market close on Wednesday, February 21, 2024.
  • AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.
  • AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in.
  • Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com.

AssetMark to Attend the Goldman Sachs Financial Services Conference

Retrieved on: 
Wednesday, November 29, 2023
AMK, Conference, Goldman Sachs

CONCORD, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the Goldman Sachs Financial Services Conference on Tuesday, December 5th in New York, NY.

Key Points: 
  • CONCORD, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the Goldman Sachs Financial Services Conference on Tuesday, December 5th in New York, NY.
  • The Company will be hosting one-on-one and group meetings.
  • Analysts and portfolio managers who wish to attend this conference or would like to request a meeting should contact Goldman Sachs.

AssetMark Reports $99.6B Platform Assets for Third Quarter 2023

Retrieved on: 
Monday, November 6, 2023
EBITDA, AMK, NYSE, Financial adviser

CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended September 30, 2023.

Key Points: 
  • CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended September 30, 2023.
  • More than 3,400 new households and 158 new producing advisors joined the AssetMark platform during the third quarter.
  • In total, as of September 30, 2023, there were over 9,300 advisors (approximately 3,000 were engaged advisors) and over 251,000 investor households on the AssetMark platform.
  • “The third quarter was another record quarter for AssetMark, highlighted by all-time highs across many financial and operating metrics.

AssetMark and Cheetah Collaborate to Address Evolving Bank Trust and Wealth Management Needs

Retrieved on: 
Thursday, November 2, 2023
AMK, NYSE, Cryptocurrency, Financial adviser, Online shopping, Hunting, Cheetah

Together, AssetMark and Cheetah are creating a first-of-its-kind, seamless wealth management solution to address the expanding intersection of trust services and investment services with a digital ecosystem that sets both institutional wealth managers and registered investment advisors up for success.

Key Points: 
  • Together, AssetMark and Cheetah are creating a first-of-its-kind, seamless wealth management solution to address the expanding intersection of trust services and investment services with a digital ecosystem that sets both institutional wealth managers and registered investment advisors up for success.
  • "Both Cheetah and AssetMark share the common goal of empowering our clients to run and grow successful businesses,” said Adam Unger, CEO of Cheetah.
  • "We're excited to partner with Cheetah to deliver a comprehensive platform experience that combines Cheetah's superior trust accounting services with our leading wealth management capabilities," Kim said.
  • AssetMark will join Cheetah's annual client conference, called the Hunt, in November in Greenville, S.C., alongside more than 150 trust and wealth management professionals.

AssetMark to Announce Third Quarter 2023 Results on November 6, 2023

Retrieved on: 
Tuesday, October 24, 2023
AMK, ID, NYSE, Webcast, Internet

CONCORD, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended September 30, 2023, after the U.S. market close on Monday, November 6, 2023.

Key Points: 
  • CONCORD, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended September 30, 2023, after the U.S. market close on Monday, November 6, 2023.
  • AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results.
  • AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in.
  • Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com.

AMK Investigation: Assetmark Financial Holdings, Inc. Shareholders Should Contact Robbins LLP for Information about the Firm's Investigation

Retrieved on: 
Thursday, October 12, 2023
NYSE, AMK, SAN, Management

SAN DIEGO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating Assetmark Financial Holdings, Inc. (NYSE:AMK) to determine whether certain Assetmark officers and directors violated securities laws and breached fiduciary duties to shareholders.

Key Points: 
  • SAN DIEGO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating Assetmark Financial Holdings, Inc. (NYSE:AMK) to determine whether certain Assetmark officers and directors violated securities laws and breached fiduciary duties to shareholders.
  • AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States.
  • If you own shares of Assetmark, have incurred a recent significant loss in the stock, or want more information about our investigation, contact us for more information about your rights.
  • Shareholders pay no fees or expenses.