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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMK:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue