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Private company

AssetMark Financial Holdings, Inc.

American investment advice company based in Concord2

In its 2024 annual report the company says: “We are a mission-driven company and our nearly 1,000 employees come to work every day to advance our purpose of making a difference in the lives of advisers and their clients.”5

Last updated Oct 21, 2026.

Overview

  • IndustryInvestment Advice2
  • HeadquartersConcord, United States2
  • Incorporated inDE3
  • Business address1655 Grant Street, 10Th Floor, Concord, Ca 945203
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI5493001K4EDHT2T6W8122
  • StatusInactive2
  • LEI statusRetired2
  • Registered addressC/O LEGALINC CORPORATE SERVICES INC., 19709 Middletown, United States2
  • Registered withDivision of Corporations, Department of State, 53089212

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AssetMark offers a wealth management platform that powers independent financial advisers and their clients. Our suite of solutions equips advisers of all sizes and models with services and capabilities that would otherwise require significant investments of time and money, which ultimately enables them to deliver better investor outcomes and enhance their productivity, profitability and client satisfaction.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

17.4%Net margin6
15.8%Revenue growth, 20236
9.7%Return on equity6
0.07×Debt to equity6
$171.8MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Other costs76¢$541.0M
  • Income tax6¢$44.3M
  • Profit17¢$123.1M

Out of $708.5M in revenue.6

Where each dollar of operating cash went, fiscal 2023

  • Capital spending2¢$2.9M
  • Kept or used elsewhere98¢$171.8M

Out of $174.7M of cash from operations.6

Financial statements

Revenue789106$708.5M in 2023+140% since 2017
0$200.0M$400.0M$600.0M$800.0M2017: $295.5M$295.5M20172018: $363.6M$363.6M2018+23%2019: $417.9M$417.9M2019+15%2020: $432.1M$432.1M2020+3%2021: $530.3M$530.3M2021+23%2022: $611.7M$611.7M2022+15%2023: $708.5M$708.5M2023+16%
Net income789106$123.1M in 2023+24% since 2017
-$50.0M0$50.0M$100.0M$150.0M2017: $99.0M$99.0M20172018: $37.4M$37.4M2018−62%2019: -$420.0K-$420.0K20192020: -$7.8M-$7.8M2020+1760%2021: $25.7M$25.7M20212022: $103.3M$103.3M2022+302%2023: $123.1M$123.1M2023+19%
Fiscal year2017201820192020202120222023
Revenue$295.5M7$363.6M8$417.9M9$432.1M10$530.3M6$611.7M6$708.5M6
Operating expenses$481.6M6$468.5M6$515.0M6
Income before tax$45.0M6$136.8M6$167.5M6
Income tax-$79.6M7$17.1M8$15.3M9$8.0M10$19.3M6$33.5M6$44.3M6
Net income$99.0M7$37.4M8-$420.0K9-$7.8M10$25.7M6$103.3M6$123.1M6
Earnings per share$0.578-$0.019-$0.1210$0.366$1.406$1.666
Earnings per share (diluted)$0.578-$0.019-$0.1210$0.356$1.406$1.656
Shares (weighted, basic)72.1M shares673.7M shares674.1M shares6
Shares (weighted, diluted)72.4M shares673.9M shares674.4M shares6

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Corporate structure

AssetMark Financial Holdings, Inc. sits at the top of its group. 11 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of AssetMark Financial Holdings, Inc.

  • Huatai Securities Filed SC 13D/A on AssetMark Financial Holdings, Inc., latest Sep 6, 2024
  • AssetMark Financial Holdings, Inc. Concord, California, United States
    • AssetMark Brokerage, LLC Subsidiary · Delaware, United States
    • AssetMark Services, Inc. Subsidiary · Delaware, United States
    • AssetMark Trust Company Subsidiary · Arizona, United States
    • AssetMark, Inc. Subsidiary · California, United States
    • Atria Investments, Inc. Subsidiary · North Carolina, United States
    • Global Financial Private Capital, Inc. Subsidiary · Florida, United States
    • Voyant Australia Pty Ltd Subsidiary · Australia
    • Voyant Financial Technologies Inc. Subsidiary · Canada
    • Voyant UK Ltd Subsidiary · United Kingdom
    • Voyant, Inc. Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What AssetMark Financial Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$24.2M6 Dec 31, 2023$21.3M6 Dec 31, 2022+13.4%
Accumulated depreciation$15.4M6 Dec 31, 2023$12.8M6 Dec 31, 2022+20.1%
Property and equipment, net$8.8M6 Dec 31, 2023$8.5M6 Dec 31, 2022+3.2%
Operating-lease assets (leased space)$20.4M6 Dec 31, 2023$22.0M6 Dec 31, 2022−7.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$217.7M6 Dec 31, 2023$123.3M6 Dec 31, 2022+76.6%
Marketable securities, current$18.0M6 Dec 31, 2023$13.7M6 Dec 31, 2022+31.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$487.9M6 Dec 31, 2023$487.2M6 Dec 31, 2022+0.1%
Intangible assets, net (excluding goodwill)$684.1M6 Dec 31, 2023$694.6M6 Dec 31, 2022−1.5%
Accumulated amortization$45.7M6 Dec 31, 2023$35.2M6 Dec 31, 2022+29.8%
Finite-lived intangibles, net$96.2M6 Dec 31, 2023$106.6M10 Dec 31, 2022−9.8%

Leadership

Who has led AssetMark Financial Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Charles G. Goldman2019–2020
  2. Natalie Grace Wolfsen2021–2023

President

  1. Charles G. Goldman2019–2020

Chief financial officer

  1. Gary G. Zyla2019–2024

Chief operating officer

  1. Carrie E. Hansen2019–2024
20202025
Board members and other officers (13)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AssetMark Brokerage, LLC Delaware4
  • AssetMark Services, Inc. Delaware4
  • AssetMark Trust Company Arizona4
  • AssetMark, Inc. California4
  • Atria Investments, Inc. North Carolina4
  • Global Financial Private Capital, Inc. Florida4
  • Voyant Australia Pty Ltd Australia4
  • Voyant Financial Technologies Inc. Canada4
  • Voyant UK Ltd United Kingdom4
  • Voyant, Inc. Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • AqGen Liberty Management II, Inc.Nov 14, 2013 to Nov 14, 20133

Timeline

  1. Sep 5, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer28
  2. Jul 18, 20248-K Results of operations29
  3. Jun 20, 20248-K Other events30
  4. May 22, 20248-K Executive or director change; Shareholder vote31
  5. May 1, 20248-K Results of operations32
  6. Apr 25, 20248-K Entered a material agreement; Other events33
  7. Feb 21, 20248-K Results of operations34
  8. Dec 1, 20238-K Regulation FD disclosure35
  9. Nov 6, 20238-K Results of operations36
  10. Oct 18, 20238-K Executive or director change37
  11. Oct 18, 20238-K Executive or director change38
  12. Sep 8, 20238-K Executive or director change; Other events39
  13. Apr 28, 2021New chief executive Natalie Grace Wolfsen becomes CEO13
  14. Jul 17, 2019New chief executive Charles G. Goldman becomes CEO14
  15. Mar 25, 2013Founded AssetMark Financial Holdings, Inc. is founded2

Calendar

When it reported results

  1. Jul 18, 2024Reported quarterly or annual results29
  2. May 1, 2024Reported quarterly or annual results32
  3. Feb 21, 2024Reported quarterly or annual results34
  4. Nov 6, 2023Reported quarterly or annual results36
  5. Aug 2, 2023Reported quarterly or annual results40
  6. May 3, 2023Reported quarterly or annual results41
  7. Feb 22, 2023Reported quarterly or annual results42
  8. Nov 1, 2022Reported quarterly or annual results43

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

173 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 34 major events, 81 insider forms, 1 large holders, 45 other. The latest 20:

  1. Jul 30, 202613F-NT EDGAR
  2. May 6, 202613F-NT EDGAR
  3. Feb 5, 202613F-NT EDGAR
  4. Nov 6, 202513F-NT EDGAR
  5. Aug 4, 202513F-NT EDGAR
  6. May 6, 202513F-NT EDGAR
  7. Feb 6, 202513F-NT EDGAR
  8. Nov 4, 202413F-NT EDGAR
  9. Sep 16, 202415-12G EDGAR
  10. Sep 10, 2024EFFECT EDGAR
  11. Sep 6, 20244 EDGAR
  12. Sep 6, 20244 EDGAR
  13. Sep 6, 20244 EDGAR
  14. Sep 6, 20244 EDGAR
  15. Sep 6, 20244 EDGAR
  16. Sep 6, 20244 EDGAR
  17. Sep 6, 20244 EDGAR
  18. Sep 6, 20244 EDGAR
  19. Sep 6, 20244 EDGAR
  20. Sep 6, 20244 EDGAR

The 173 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

58 open-market trades by officers, directors and large owners since October 2021: 0 buys and 58 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 5, 2024Huatai International Financial Holdings Co Ltd10% ownerSale50,873,799$35.25$1.8BForm 4
Jun 10, 2024Zyla Gary G.EVP, Chief Financial OfficerSale7,786$34.40$267.8KForm 4
Jun 10, 2024Minta-Jacobs EsiHR & Digital Product SolutionsSale2,529$34.40$87.0KForm 4
Jun 10, 2024Mehta MukeshEVP, Chief Information OfficerSale8,880$34.40$305.5KForm 4
Jun 10, 2024McNatt Joel David JREVP, Investment SolutionsSale5,267$34.40$181.2KForm 4
Jun 10, 2024Kim MichaelCEO and PresidentSale9,445$34.40$324.9KForm 4
Jun 10, 2024Hansen Carrie E.EVP, Chief Operating OfficerSale10,611$34.40$365.0KForm 4
Jun 10, 2024Angus Ted F.EVP, General CounselSale9,634$34.40$331.4KForm 4
Mar 4, 2024Kim MichaelCEO and PresidentSale11,833$35.18$416.3KForm 4
Dec 6, 2023Hansen Carrie E.EVP, Chief Operating OfficerSale11,500$26.18$301.1KForm 4
Nov 17, 2023McNatt Joel David JREVP, Investment SolutionsSale4,000$25.17$100.7KForm 4
Jun 14, 2023Angus Ted F.EVP, General CounselSale7,265$28.16$204.6KForm 4
Jun 9, 2023Zyla Gary G.EVP, Chief Financial OfficerSale855$29.61$25.3KForm 4
Jun 9, 2023Kim MichaelCEO and PresidentSale1,348$29.61$39.9KForm 4
Jun 9, 2023Wolfsen Natalie GraceEVP, Chief Executive OfficerSale1,348$29.61$39.9KForm 4
Jun 9, 2023Hansen Carrie E.EVP, Chief Operating OfficerSale855$29.61$25.3KForm 4
Jun 9, 2023Mehta MukeshEVP, Chief Information OfficerSale855$29.61$25.3KForm 4
Jun 9, 2023Angus Ted F.EVP, General CounselSale855$29.61$25.3KForm 4
Jun 9, 2023McNatt Joel David JREVP, Investment SolutionsSale300$29.61$8.9KForm 4
Jun 9, 2023Minta-Jacobs EsiHR & Digital Product SolutionsSale300$29.61$8.9KForm 4

All 58 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How AssetMark Financial Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAssetMark Financial Holdings, Inc.1
  • CIK0001591587
  • Employer ID (EIN)30-07740391
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address1655 Grant Street, 10Th Floor, Concord, CA 945201
  • Phone800-664-53451
  • Shares outstanding74,831,983 as of Jul 31, 202412
  • Public float$652.8M as of Jun 30, 20236
  • On EDGAR sinceNov 14, 20131
  • Filings432 in all: 4 (215), 8-K (59), 13F-NT (28), 3 (21), 4/A (20), 10-Q (16), 144 (10), UPLOAD (8)1
    All 36 form types

    CORRESP (7), 10-K (5), DEF 14A (5), DEFA14A (5), 8-K/A (3), EFFECT (3), 3/A (2), ARS (2), S-1/A (2), SC 13D/A (2), SEC STAFF LETTER (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14C (1), DRS (1), DRS/A (1), POS AM (1), PRE 14A (1), PREM14C (1), S-1 (1), S-3 (1), S-3/A (1), S-8 (1), S-8 POS (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Mar 14, 2024
    Quarterly report (10-Q) Aug 6, 2024
    Proxy statement (DEF 14A) Apr 9, 2024
    Latest 8-K (8-K) Sep 5, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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