AssetMark

AssetMark

Investment adviser registered with the securities and exchange commission. Learn more

Launch date
Employees
Market cap
€2.4b
Enterprise valuation
€2.2b (Public information from Aug 2024)
California United States (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues432m530m618m708m602m642m653m
% growth3 %23 %17 %15 %(15 %)7 %2 %
EBITDA40.9m86.5m174m212m284m305m308m
% EBITDA margin9 %16 %28 %30 %47 %48 %47 %
Profit(7.8m)25.7m103m123m161m185m186m
% profit margin(2 %)5 %17 %17 %27 %29 %28 %
EV / revenue4.1x3.6x2.8x3.1x4.4x4.1x4.0x
EV / EBITDA42.8x22.3x9.7x10.5x9.3x8.6x8.5x
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DateInvestorsAmountRound
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N/A

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Debt
N/A

$780m

Valuation: $780m

Acquisition
N/A

$2.8m

Debt
N/A

N/A

IPO
*

N/A

Valuation: $2.7b

3.8x EV/LTM Revenues

12.7x EV/LTM EBITDA

Buyout
Total Funding-

Recent News about AssetMark

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More about AssetMarkinfo icon
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AssetMark is a leading third-party asset management platform dedicated to empowering financial advisors with innovative solutions and personalized support. Operating in the financial services industry, AssetMark serves independent financial advisors, helping them navigate the complexities of wealth management and investment options. The company offers a comprehensive suite of investment solutions, advanced technology, and consulting services designed to enhance client experiences and ensure business efficiency. AssetMark's business model revolves around providing these services as an extension of the advisor's team, enabling them to deliver tailored guidance and support to their clients. The company generates revenue through fees associated with its platform and services, ensuring that advisors can focus on growing their practices and serving their clients effectively.

Keywords: asset management, financial advisors, investment solutions, wealth management, consulting services, technology integration, client experience, business efficiency, personalized support, financial services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by AssetMark

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Voyant
ACQUISITION by AssetMark Jul 2021
Adhesion Wealth Advisor Solutions
ACQUISITION by AssetMark Dec 2022
ARIS Corporation
ACQUISITION by AssetMark Jan 2015
OBS Financial
ACQUISITION by AssetMark Mar 2020