AssetMark Financial Platform Assets Increase 6.4% in November
December 13, 2023
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ASSETMARK ($NYSE:AMK): This growth is reflective of the company’s commitment to providing advisors and investors with innovative and comprehensive financial solutions. The firm offers tailored solutions and support for all stages of the investor lifecycle, from planning for retirement to managing assets for high-net-worth investors. The company’s holistic approach to investing provides a wide range of services, including portfolio design, portfolio analytics, asset allocation, and portfolio monitoring and rebalancing.
In addition, AssetMark Financial offers technology solutions to help advisors manage their businesses more efficiently. With its comprehensive suite of financial solutions, the company is well-positioned for future growth.
Analysis
At GoodWhale, we conducted an analysis of ASSETMARK FINANCIAL‘s wellbeing and our findings suggest that the company has a high health score of 9/10 with regard to its cashflows and debt. We concluded that ASSETMARK FINANCIAL is capable to safely ride out any crisis without the risk of bankruptcy. According to our Star Chart, ASSETMARK FINANCIAL is classified as a ‘cheetah’ type of company. This designation suggests that the company achieved high revenue or earnings growth but is considered less stable due to lower profitability. With this in mind, we believe that investors who seek high growth potential in their investments may be interested in ASSETMARK FINANCIAL. When evaluating ASSETMARK FINANCIAL further, we found that the company is strong in growth, medium in asset, profitability and weak in dividend. All in all, the company appears to be a healthy business, with some room for improvement when it comes to dividend payments. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Assetmark Financial. More…
| Total Revenues | Net Income | Net Margin |
| 714.45 | 114.08 | 16.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Assetmark Financial. More…
| Operations | Investing | Financing |
| 204.13 | -99.02 | -26.56 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Assetmark Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.61k | 378.21 | 16.52 |
Key Ratios Snapshot
Some of the financial key ratios for Assetmark Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.2% | 203.8% | 23.4% |
| FCF Margin | ROE | ROA |
| 22.3% | 8.7% | 6.5% |
Peers
The company offers a wide range of services including investment management, financial planning, and retirement planning. AssetMark Financial Holdings Inc. has a strong focus on providing a high level of customer service and has a team of experienced professionals that are dedicated to helping clients reach their financial goals. The company is headquartered in the United States and has offices in Canada, Europe, and Asia.
– Insignia Financial Ltd ($ASX:IFL)
Insignia Financial Ltd. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Insurance, and Investment. The Banking segment offers current accounts, savings accounts, and loans. The Insurance segment provides life insurance products. The Investment segment includes investment banking, securities brokerage, and asset management services. The company was founded on December 20, 2002 and is headquartered in Toronto, Canada.
– WT Financial Group Ltd ($ASX:WTL)
Founded in 1856, Macquarie Group is a global provider of banking, financial, advisory, investment, and funds management services with operations in more than 60 countries. The company has a market capitalization of $27.81 billion and a return on equity of 9.92%. Macquarie’s businesses are organized into four main operating groups: Banking and Financial Services, Corporate and Asset Finance, Markets, and Macquarie Capital. Banking and Financial Services offers a range of banking and financial services, including retail banking, commercial banking, and asset and wealth management. Corporate and Asset Finance provides financing and leasing solutions to corporate and government clients. Markets provides sales and trading, research, and market risk management services. Macquarie Capital is the company’s investment banking arm.
– Huntwicke Capital Group Inc ($OTCPK:HCGI)
With a market cap of 23.16M as of 2022, a Return on Equity of -4.1%, and a focus on providing private equity and venture capital investments, Huntwicke Capital Group Inc is a company to watch.
Summary
AssetMark Financial has seen strong returns in November, with its platform assets increasing 6.4%. This could potentially be a sign of positive investor sentiment in the market, as investors are increasingly entrusting their capital to AssetMark. Looking ahead, investors should continue to monitor how AssetMark Financial’s portfolio performs in the coming months, as it may provide insight into the overall markets. AssetMark’s asset management products and services offer diversification, which can help mitigate risk and maximize return potential.
By using AssetMark’s services, investors can access expert advice and insights to make informed investment decisions. Investors should also conduct their own research into AssetMark’s products and services to decide whether or not it is the right fit for them.
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