secwatch.observer — SEC 8-K summary
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Issuer:     AssetMark Financial Holdings, Inc. (—)
CIK:        0001591587
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001591587-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AssetMark Q1 net income $38M, adj. net income $45.2M; platform assets $116.9B (+21.5% YoY)
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- Net income $38.0M ($0.51/sh); adjusted net income $45.2M ($0.60/sh) on revenue $190.3M.
- Adjusted EBITDA $65.9M (34.6% margin); revenue up 11.7% YoY.
- Platform assets $116.9B (+21.5% YoY); net flows $1.8B; 169 new producing advisors added.
- Guidance withdrawn due to pending GTCR acquisition; no Q1 earnings call hosted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591587/000159158724000016/0001591587-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591587/000159158724000016/amk-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001591587-24-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer