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AssetMark Financial Holdings Priced, NYSE: AMK

Provides a wealth management platform for independent financial advisers.

Industry: Financials

Latest Trade: $27.25 0.00 (0.0%)

First Day Return: +22.9%

Return from IPO: +23.9%

Industry: Financials

We are a leading provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. Our platform enables advisers to outsource high-cost and specialty services that would otherwise require significant investments of time and money—helping to level the playing field for independent financial advisers of all sizes. We provide an end-to-end experience, spanning nearly all elements of an adviser’s engagement with his or her client—from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, our platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors. We believe that independent financial advisers who have a deep understanding of their communities and put the needs of investors first provide the best path for investors to achieve their long-term financial goals. We empower these adviser-entrepreneurs to start, run and grow independent advisory businesses. The compelling value of our tools for advisers and their clients has facilitated our rapid growth.
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IPO News for AssetMark Financial Holdings
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IPO Data
IPO File Date 06/24/2019
Offer Price $22.00
Price Range $19.00 - $21.00
Offer Shares (mm) 12.5
Deal Size ($mm) $275
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/17/2019
Offer Price $22.00
Price Range $19.00 - $21.00
Offer Shares (mm) 12.5
Deal Size ($mm) $275
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Concord, CA
Founded 1994
Employees 620
Website www.assetmark.com