AssetMark Financial reports July-end client cash $2.75B , down 1.4%

Reports platform assets of $122.2B at the end of July, up 18.4% year-over-year. Morningstar Wealth TAMP assets are not included in total as the deal has been signed, but is not closed. Net flows were $437M in the month of July, down 19.1% year-over-year. AssetMark Trust Company client cash was $2.75B , down 1.4% year-over-year. Number of households increased 5.0% year-over-year to 261,271 at the end of July.