CORRECTING and REPLACING – August AMK Report
AssetMark Financial Holdings, Inc. (AMK)
Company Research
Source: GlobeNewswire
CONCORD, Calif., Sept. 17, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline yesterday by AssetMark, Inc. (NYSE: AMK), please note that in the third bullet point, the year-over-year client cash increase should be 30.6%, not 34.5% as previously stated; corresponding client cash figures in the table have been updated as well. The corrected release follows. AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company highlights for the month of August 2019 include: Platform assets of $57.1 billion at the end of August, up 20.1% year-over-year.Net flows were $507 million in the month of August, down 5.3% year-over-year.AssetMark Trust Company client cash increased 30.6% year-over-year.Number of households increased 23.3% year-over-year to 158,200 at the end of August. Change Mo.Yr. Aug-18Sep-18Oct-18Nov-18Dec-18Jan-19Feb-19Mar-19Apr-19May-19Jun-19Jul-19Aug-19 PLATFORM METRIC
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