AssetMark Financial reports May platform assets $117.7B

AssetMark Financial released its monthly report. Company results for the month of May include: platform assets of $117.7B at the end of May, up 22.1% year-over-year. Net flows were $611M in the month of May, down 4.1% year-over-year. AssetMark Trust Company client cash was $2.84B, down 3.7% year-over-year. Number of households increased 5.7% year-over-year to 260,756 at the end of May.