About
About AssetMark Financial Holdings Inc
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 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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5 years, 4 months ago
AssetMark Financial Holdings, Inc is currently in a long term uptrend where the price is trading 6.2% above its 200 day moving average.
From a valuation standpoint, the stock is 59.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.7.
AssetMark Financial Holdings, Inc's total revenue sank by 0.1% to $111M since the same quarter in the previous year.
Its net income has dropped by 260.0% to $-10M since the same quarter in the previous year.
Finally, its free cash flow fell by 0.2% to $22M since the same quarter in the previous year.
Based on the above factors, AssetMark Financial Holdings, Inc gets an overall score of 2/5.