{"id":783214,"date":"2023-09-11T17:47:06","date_gmt":"2023-09-11T21:47:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/"},"modified":"2023-09-11T17:47:06","modified_gmt":"2023-09-11T21:47:06","slug":"august-amk-report-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/","title":{"rendered":"August AMK Report"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">CONCORD, Calif., Sept.  11, 2023  (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today.<\/p>\n<p>Company results for the month of August 2023 include:<\/p>\n<ul type=\"disc\">\n<li>Platform assets of $102.2 billion at the end of August, up 21.1% year-over-year.<\/li>\n<li>Net flows were $555 million in the month of August, down 8.3% year-over-year.<\/li>\n<li>AssetMark Trust Company client cash was $2.83 billion, down 36.8% year-over-year.<\/li>\n<li>Number of households increased 12.7% year-over-year to 250,307 at the end of August.<\/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 colspan=\"2\">\u00a0<\/td>\n<td colspan=\"2\">\u00a0<\/td>\n<td>\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 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<td style=\"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 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<td style=\"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: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Aug-22<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Sep-22<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Oct-22<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Nov-22<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Dec-22<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jan-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Feb-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Mar-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Apr-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>May-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jun-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Jul-23<\/strong><br \/>\n            <\/u>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle\">\n            <u><br \/>\n              <strong>Aug-23<\/strong><br \/>\n            <\/u>\n          <\/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<td style=\"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: 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<td style=\"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\">84.4<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">79.4<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">82.8<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">87.1<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">91.5<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">95.8<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">94.3<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">96.2<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">96.9<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">96.4<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">100.8<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">103.2<\/td>\n<td style=\"max-width:5%;width:5%;min-width:5%;text-align: right;vertical-align: middle\">102.2<\/td>\n<td style=\"max-width:4%;width:4%;min-width:4%;padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>-1.0<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: right;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>21.1<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: right;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<td style=\"max-width:1%;width:1%;min-width:1%;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\">605<\/td>\n<td style=\"text-align: right;vertical-align: middle\">228<\/td>\n<td style=\"text-align: right;vertical-align: middle\">283<\/td>\n<td style=\"text-align: right;vertical-align: middle\">280<\/td>\n<td style=\"text-align: right;vertical-align: middle\">345<\/td>\n<td style=\"text-align: right;vertical-align: middle\">347<\/td>\n<td style=\"text-align: right;vertical-align: middle\">540<\/td>\n<td style=\"text-align: right;vertical-align: middle\">744<\/td>\n<td style=\"text-align: right;vertical-align: middle\">433<\/td>\n<td style=\"text-align: right;vertical-align: middle\">637<\/td>\n<td style=\"text-align: right;vertical-align: middle\">624<\/td>\n<td style=\"text-align: right;vertical-align: middle\">540<\/td>\n<td style=\"text-align: right;vertical-align: middle\">555<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>2.8<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>-8.3<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;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<td style=\"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 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<td style=\"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\">4.48<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.51<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.49<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.27<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.54<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.32<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.32<\/td>\n<td style=\"text-align: right;vertical-align: middle\">3.19<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.87<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.95<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.94<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.79<\/td>\n<td style=\"text-align: right;vertical-align: middle\">2.83<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>1.4<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>-36.8<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;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<td style=\"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 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: right;vertical-align: middle\">\u00a0<\/td>\n<td style=\"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\">Number of Households<\/td>\n<td style=\"text-align: right;vertical-align: middle\">222,110<\/td>\n<td style=\"text-align: right;vertical-align: middle\">223,098<\/td>\n<td style=\"text-align: right;vertical-align: middle\">225,103<\/td>\n<td style=\"text-align: right;vertical-align: middle\">224,983<\/td>\n<td style=\"text-align: right;vertical-align: middle\">241,053<\/td>\n<td style=\"text-align: right;vertical-align: middle\">242,572<\/td>\n<td style=\"text-align: right;vertical-align: middle\">242,826<\/td>\n<td style=\"text-align: right;vertical-align: middle\">243,775<\/td>\n<td style=\"text-align: right;vertical-align: middle\">246,570<\/td>\n<td style=\"text-align: right;vertical-align: middle\">246,654<\/td>\n<td style=\"text-align: right;vertical-align: middle\">247,934<\/td>\n<td style=\"text-align: right;vertical-align: middle\">248,780<\/td>\n<td style=\"text-align: right;vertical-align: middle\">250,307<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>0.6<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle\">\n            <strong>%<\/strong>\n          <\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle\">\n            <strong>12.7<\/strong>\n          <\/td>\n<td style=\"padding-left: 0;text-align: right;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<td style=\"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 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<td style=\"text-align: right;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 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<td>\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 June 30, 2023. 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 September 30, 2023, 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 <u>ir.assetmark.com<\/u>. 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>About AssetMark Financial Holdings, Inc. <\/strong><br \/>\n        <br \/>AssetMark operates a wealth management platform that powers independent financial advisors and their clients. Together with our affiliates Voyant and Adhesion Wealth, we serve advisors of all models at every stage of their journey with flexible, purpose-built solutions that champion client engagement and drive efficiency. Our ecosystem of solutions equips advisors with services and capabilities that would otherwise require significant investments of time and money, ultimately enabling them to deliver better investor outcomes and enhance their productivity, profitability and client satisfaction.<\/p>\n<p>Founded in 1996 and based in Concord, California, the company has over 1,000 employees. As of June 30, 2023, the company had $100.8 billion in platform assets.<\/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=jwNn4Cz63uwiviQKDCFRQxLMsqNbGGLNKbhm1STqc5HWpHAa_6mc2tWT4rcBPN8_T0MHmSE4AAN8cEjPjIiyvBFZLLaAOonNNpYhatGxKQIGEKpp2TfRQt1hIMWYnKBN\" rel=\"nofollow noopener\" target=\"_blank\">InvestorRelations@assetmark.com<\/a><\/p>\n<p>Media:\u00a0<br \/>Alaina Kleinman<br \/>Head of PR &amp; Communications<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MSKPZLsGIUTHcjzOgOugHU8E89YnyMxevu4-xtZykrPJKHJe56rYWbQvSVd7jeeQvcduxXIb7264QQWiy2-6hCe0Crv3hMVY9O7IhDz_6lWGTyZrYIsEQWtm-rtw_I8I\" rel=\"nofollow noopener\" target=\"_blank\">alaina.kleinman@assetmark.com<\/a><\/p>\n<p>SOURCE: AssetMark Financial Holdings, Inc.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDEwNCM1ODA4NDkwIzIwODc0NzU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OWJlNTI3Y2EtYTZmNy00MGRjLTgzZjktMGI2NjI0MDgxNmJiLTEwOTkwNDY=\/tiny\/AssetMark-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CONCORD, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company results for the month of August 2023 include: Platform assets of $102.2 billion at the end of August, up 21.1% year-over-year. Net flows were $555 million in the month of August, down 8.3% year-over-year. AssetMark Trust Company client cash was $2.83 billion, down 36.8% year-over-year. Number of households increased 12.7% year-over-year to 250,307 at the end of August. \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Change \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;August 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-783214","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>August 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\/august-amk-report-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"August AMK Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CONCORD, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) &#8212; AssetMark Financial Holdings, Inc. (NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company results for the month of August 2023 include: Platform assets of $102.2 billion at the end of August, up 21.1% year-over-year. Net flows were $555 million in the month of August, down 8.3% year-over-year. AssetMark Trust Company client cash was $2.83 billion, down 36.8% year-over-year. Number of households increased 12.7% year-over-year to 250,307 at the end of August. \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Change \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 &hellip; Continue reading &quot;August AMK Report&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T21:47:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDEwNCM1ODA4NDkwIzIwODc0NzU=\" \/>\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=\"2 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\\\/august-amk-report-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/august-amk-report-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"August AMK Report\",\"datePublished\":\"2023-09-11T21:47:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/august-amk-report-3\\\/\"},\"wordCount\":407,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/august-amk-report-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODkyMDEwNCM1ODA4NDkwIzIwODc0NzU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/august-amk-report-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/august-amk-report-3\\\/\",\"name\":\"August AMK Report - 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(NYSE: AMK) released its \u201cAssetMark Monthly Knowledge\u201d Report today. Company results for the month of August 2023 include: Platform assets of $102.2 billion at the end of August, up 21.1% year-over-year. Net flows were $555 million in the month of August, down 8.3% year-over-year. AssetMark Trust Company client cash was $2.83 billion, down 36.8% year-over-year. Number of households increased 12.7% year-over-year to 250,307 at the end of August. \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Change \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 &hellip; Continue reading \"August AMK Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-11T21:47:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDEwNCM1ODA4NDkwIzIwODc0NzU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"August AMK Report","datePublished":"2023-09-11T21:47:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/"},"wordCount":407,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMDEwNCM1ODA4NDkwIzIwODc0NzU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/august-amk-report-3\/","name":"August AMK Report - 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