{"id":502867,"date":"2021-06-10T16:18:17","date_gmt":"2021-06-10T20:18:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/"},"modified":"2021-06-10T16:18:17","modified_gmt":"2021-06-10T20:18:17","slug":"may-amk-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/","title":{"rendered":"May AMK Report"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">\u00a0 CONCORD, Calif., June  10, 2021  (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today.<\/p>\n<p>Company highlights for the month of May 2021 include:<\/p>\n<ul type=\"disc\">\n<li>Platform assets of $83.0 billion at the end of May, up 33.9% year-over-year.<\/li>\n<li>Net flows were $514 million in the month of May, up 275.2% year-over-year.\n<ul type=\"disc\">\n<li>This reflects $424 million of outflows from two GFPC advisors.\n<ul type=\"circle\">\n<li>This represents nearly all the platform assets for these advisors who are leaving the platform.<\/li>\n<li>These outflows were previously disclosed on AssetMark\u2019s 1Q21 earnings call.<\/li>\n<\/ul>\n<\/li>\n<li>Net flows, excluding these two GFPC advisors, were $938 million in May.<\/li>\n<\/ul>\n<\/li>\n<li>AssetMark Trust Company client cash was $2.56 billion, down 9.9% year-over-year.<\/li>\n<li>Number of households increased 8.7% year-over-year to 193,833 at the end of May.<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td colspan=\"2\">\u00a0<\/td>\n<td colspan=\"2\">\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle\">\n            <u>Change<\/u>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\n            <u>Mo.<\/u>\n          <\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\n            <u>Yr.<\/u>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>May-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jun-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jul-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Aug-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Sep-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Oct-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Nov-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Dec-20<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jan-21<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Feb-21<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Mar-21<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <u><br \/>\n              <strong>Apr-21<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\n            <strong><br \/>\n              <u>May-21<\/u><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">\n            <strong>PLATFORM METRICS<\/strong>\n          <\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:23%;width:23%;min-width:23%;border-left: solid black 1pt;text-align: left;vertical-align: middle\">Platform Assets (in $B)<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">62.0<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">63.2<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">65.6<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">68.0<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">67.3<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">66.5<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">71.8<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">74.5<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">74.6<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">76.2<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">78.9<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">81.7<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">83.0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"max-width:4%;width:4%;min-width:4%;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>1.6<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"max-width:4%;width:4%;min-width:4%;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>33.9<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-right: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">Net Flows (in $M)<\/td>\n<td style=\"text-align: right;vertical-align: middle\">137<\/td>\n<td style=\"text-align: right;vertical-align: middle\">357<\/td>\n<td style=\"text-align: right;vertical-align: middle\">319<\/td>\n<td style=\"text-align: right;vertical-align: middle\">541<\/td>\n<td style=\"text-align: right;vertical-align: middle\">349<\/td>\n<td style=\"text-align: right;vertical-align: middle\">396<\/td>\n<td style=\"text-align: right;vertical-align: middle\">501<\/td>\n<td style=\"text-align: right;vertical-align: middle\">636<\/td>\n<td style=\"text-align: right;vertical-align: middle\">494<\/td>\n<td style=\"text-align: right;vertical-align: middle\">532<\/td>\n<td style=\"text-align: right;vertical-align: middle\">901<\/td>\n<td style=\"text-align: right;vertical-align: middle\">780<\/td>\n<td style=\"text-align: right;vertical-align: middle\">514<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>-34.1<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>275.7<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">\n            <strong>CASH METRIC<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">Ending ATC Client Cash (in $B)<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.84<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.96<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.60<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.63<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.66<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.47<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.50<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.62<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.44<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.60<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.50<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.48<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.56<\/td>\n<td style=\"text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <strong>3.2<\/strong>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <strong>-9.9<\/strong>\n          <\/td>\n<td style=\"text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">\n            <strong>OTHER<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-left: solid black 1pt;text-align: left;vertical-align: middle\">Number of Households<\/td>\n<td style=\"text-align: right;vertical-align: middle\">178,284<\/td>\n<td style=\"text-align: right;vertical-align: middle\">179,166<\/td>\n<td style=\"text-align: right;vertical-align: middle\">181,115<\/td>\n<td style=\"text-align: right;vertical-align: middle\">181,977<\/td>\n<td style=\"text-align: right;vertical-align: middle\">182,683<\/td>\n<td style=\"text-align: right;vertical-align: middle\">183,774<\/td>\n<td style=\"text-align: right;vertical-align: middle\">184,935<\/td>\n<td style=\"text-align: right;vertical-align: middle\">186,602<\/td>\n<td style=\"text-align: right;vertical-align: middle\">188,057<\/td>\n<td style=\"text-align: right;vertical-align: middle\">188,679<\/td>\n<td style=\"text-align: right;vertical-align: middle\">190,915<\/td>\n<td style=\"text-align: right;vertical-align: middle\">193,325<\/td>\n<td style=\"text-align: right;vertical-align: middle\">193,833<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>0.3<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>8.7<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"border-right: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: left;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>This monthly data is being provided on a supplemental basis and should not be taken as a substitute for the Company\u2019s financial statements filed with the Securities and Exchange Commission as part of the Company\u2019s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021. This monthly data is preliminary and subject to revision and should not be taken as an indication of the financial performance of AssetMark for the quarter ending June 30, 2021 or any future period. AssetMark undertakes no obligation to publicly update or review previously reported monthly data. Any updates to previously reported monthly data will be reflected in the historical data that can be found on the Investor Relations page of the Company\u2019s corporate website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cJgCXRvDGSMN166WwjnmR5D3c5Mf34qofC5pxe24MlDf-YXsqbSi-h9gy8SQPHpE2ivZybUiuwG7-hqOzTeMeQN6DRBB8mCQOz-rtqiP7no=\" rel=\"nofollow noopener\" target=\"_blank\">ir.assetmark.com<\/a>. AssetMark reserves the right to discontinue the availability of the data in this monthly report. By filing this press release, AssetMark makes no admission as to the materiality of any information contained herein.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This press release may contain &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings we make with the Securities and Exchange Commission. AssetMark undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.<\/p>\n<p>\n        <strong>About AssetMark Financial Holdings, Inc. <\/strong>\n      <\/p>\n<p>AssetMark is a leading provider of extensive wealth management and technology solutions that power independent financial advisors and their clients. Through AssetMark, Inc., its investment adviser subsidiary registered with the U.S. Securities and Exchange Commission, AssetMark operates a platform that comprises fully integrated technology, personalized and scalable service, and curated investment platform solutions designed to make a difference in the lives of advisors and their clients.<\/p>\n<p>\n        <strong>Contacts<\/strong><br \/>\n        <br \/>Investors:<br \/>Taylor J. Hamilton, CFA<br \/>Head of Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=d4DvZyJSleKbEZNpb2S1Qma-J01-f2TO6g2R-SDRMrUqjxnnovUCEB1pQS6pedD7-aEDvgeYNkVaT4mkDu6SoIsXKTNkANpxcAB4f-62IWNx-9B1vnMw48ZbAz8ImJCC\" rel=\"nofollow noopener\" target=\"_blank\">InvestorRelations@assetmark.com<\/a><\/p>\n<p>Media:\u00a0<br \/>Oliver Hays<br \/>MSR Communications for AssetMark, Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r5YkHP53Gynr6dPqThxHUcYoV2cLM7kKyHvYXJC_vQ_QU3gJVpVYJBH6Ct5dOkGPtDDqLJuAQZvVgj3yjnFUx_02Q5dYjpwTJbICAoHkYh_kQQgMHrSkVURcpoiVukxe\" rel=\"nofollow noopener\" target=\"_blank\">oliver@msrcommunications.com<\/a><\/p>\n<p>SOURCE: AssetMark Financial Holdings, Inc.<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI1MjUzMiM0MjM3NTI1IzIwODc0NzU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/475e7a58-a457-4b21-8259-3e6ebf5e7c7b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 CONCORD, Calif., June 10, 2021 (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company highlights for the month of May 2021 include: Platform assets of $83.0 billion at the end of May, up 33.9% year-over-year. Net flows were $514 million in the month of May, up 275.2% year-over-year. This reflects $424 million of outflows from two GFPC advisors. This represents nearly all the platform assets for these advisors who are leaving the platform. These outflows were previously disclosed on AssetMark\u2019s 1Q21 earnings call. Net flows, excluding these two GFPC advisors, were $938 million in May. AssetMark Trust Company client cash was $2.56 billion, down 9.9% year-over-year. Number of households increased 8.7% &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;May AMK Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-502867","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>May AMK Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May AMK Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u00a0 CONCORD, Calif., June 10, 2021 (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company highlights for the month of May 2021 include: Platform assets of $83.0 billion at the end of May, up 33.9% year-over-year. Net flows were $514 million in the month of May, up 275.2% year-over-year. This reflects $424 million of outflows from two GFPC advisors. This represents nearly all the platform assets for these advisors who are leaving the platform. These outflows were previously disclosed on AssetMark\u2019s 1Q21 earnings call. Net flows, excluding these two GFPC advisors, were $938 million in May. AssetMark Trust Company client cash was $2.56 billion, down 9.9% year-over-year. Number of households increased 8.7% &hellip; Continue reading &quot;May AMK Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-10T20:18:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI1MjUzMiM0MjM3NTI1IzIwODc0NzU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"May AMK Report\",\"datePublished\":\"2021-06-10T20:18:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/\"},\"wordCount\":528,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI1MjUzMiM0MjM3NTI1IzIwODc0NzU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/may-amk-report\\\/\",\"name\":\"May AMK Report - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/may-amk-report\/","og_locale":"en_US","og_type":"article","og_title":"May AMK Report - Market Newsdesk","og_description":"\u00a0 CONCORD, Calif., June 10, 2021 (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company highlights for the month of May 2021 include: Platform assets of $83.0 billion at the end of May, up 33.9% year-over-year. Net flows were $514 million in the month of May, up 275.2% year-over-year. This reflects $424 million of outflows from two GFPC advisors. This represents nearly all the platform assets for these advisors who are leaving the platform. These outflows were previously disclosed on AssetMark\u2019s 1Q21 earnings call. Net flows, excluding these two GFPC advisors, were $938 million in May. AssetMark Trust Company client cash was $2.56 billion, down 9.9% year-over-year. 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