AssetMark Completes Acquisition of Key TAMP Business Assets in Strategic Alliance with Morningstar Wealth [Yahoo! Finance]
Morningstar, Inc. (MORN)
US:NASDAQ Investor Relations:
shareholders.morningstar.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
advisors, today announced the close of its acquisition of Morningstar Wealth's Turnkey Asset Management Platform (TAMP) assets. This acquisition, a key milestone in the strategic alliance between AssetMark and Morningstar Wealth, brings approximately $12 billion in assets to AssetMark's platform, broadening its array of investment solutions for financial advisors and their clients. “The alliance between Morningstar Wealth and our acquisition of their TAMP assets marks a significant milestone for our company, our advisors, and their clients,” said Michael Kim, President and CEO of AssetMark. “We are thrilled to welcome advisors that currently utilize Morningstar Wealth to the AssetMark Platform. These advisors will gain access to our expansive suite of renowned investment solutions, tailored high-net-worth services, cutting-edge technology, and exceptional service, empowering them to scale and grow their businesses more efficiently. Additionally, this alliance will provide our existi
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News
- Morningstar, Inc. (NASDAQ: MORN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- Morningstar, Inc. (NASDAQ: MORN) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Morningstar Appoints Michael Holt as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Morningstar Appoints Michael Holt as Chief Financial OfficerBusiness Wire
MORN
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 8-K
- 12/13/24 - Form 144
- MORN's page on the SEC website