This company has been acquired
AssetMark Financial Holdings Management
Management criteria checks 3/4
AssetMark Financial Holdings' CEO is H. Kim, appointed in Mar 2021, has a tenure of 3.5 years. total yearly compensation is $5.37M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $11.33M. The average tenure of the management team and the board of directors is 6.1 years and 5.7 years respectively.
Key information
H. Kim
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 9.6% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.1yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)
Jan 23
Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Dec 08AssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)
Nov 10Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching
Sep 08AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Jul 28Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors
Jun 08Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Feb 28AssetMark Financial Holdings: Increasing Assets Under Management, A Stock To Buy
Feb 21AssetMark Financial's platform assets rise 5.2% in November vs. October
Dec 13AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%
Oct 10AssetMark Financial platform assets rose over 5% in July, net flows slid
Aug 10AssetMark Non-GAAP EPS of $0.44 beats by $0.03, revenue of $151.2M beats by $43.74M
Aug 03AssetMark Financial platform assets dip to $82.1B in June
Jul 11AssetMark Financial Holdings, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 09Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$143m |
| Mar 31 2024 | n/a | n/a | US$144m |
| Dec 31 2023 | US$5m | US$514k | US$123m |
| Sep 30 2023 | n/a | n/a | US$114m |
| Jun 30 2023 | n/a | n/a | US$106m |
| Mar 31 2023 | n/a | n/a | US$98m |
| Dec 31 2022 | US$3m | US$472k | US$103m |
| Sep 30 2022 | n/a | n/a | US$90m |
| Jun 30 2022 | n/a | n/a | US$72m |
| Mar 31 2022 | n/a | n/a | US$57m |
| Dec 31 2021 | US$5m | US$488k | US$26m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | -US$198k |
| Mar 31 2021 | n/a | n/a | -US$19m |
| Dec 31 2020 | US$2m | US$350k | -US$8m |
| Sep 30 2020 | n/a | n/a | -US$687k |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$495k |
| Dec 31 2019 | US$1m | US$351k | -US$420k |
| Sep 30 2019 | n/a | n/a | US$10m |
| Jun 30 2019 | n/a | n/a | US$24m |
| Mar 31 2019 | n/a | n/a | US$30m |
| Dec 31 2018 | US$932k | US$350k | US$37m |
Compensation vs Market: H.'s total compensation ($USD5.37M) is about average for companies of similar size in the US market ($USD6.70M).
Compensation vs Earnings: H.'s compensation has increased by more than 20% in the past year.
CEO
H. Kim (54 yo)
3.5yrs
Tenure
US$5,374,907
Compensation
Mr. H. Michael Kim serves as President at AssetMark Financial Holdings, Inc. since March 03 2021, and served as its Chief Client Officer since January 2018 until September 9, 2023 and since September 9, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | US$5.37m | 0.43% $ 11.3m | |
| Executive VP | 13.7yrs | US$2.50m | 0.086% $ 2.3m | |
| Executive VP | 16.7yrs | US$2.18m | 0.12% $ 3.2m | |
| Chief Investment Officer | 2.4yrs | no data | no data | |
| Executive VP & Chief Information Officer | 7.7yrs | no data | 0.35% $ 9.2m | |
| Head of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | 11.7yrs | no data | 0.089% $ 2.3m | |
| Executive Vice President of Corporate Development | no data | no data | no data | |
| Executive VP and Head of HR & Digital Product Solutions | 4.5yrs | no data | 0.071% $ 1.9m | |
| Senior VP of Finance & Reporting | no data | no data | no data | |
| Chief Investment Strategist | no data | no data | no data | |
| Executive VP & Head of Corporate Strategy | 1.4yrs | no data | no data |
6.1yrs
Average Tenure
53.5yo
Average Age
Experienced Management: AMK's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$5.37m | 0.43% $ 11.3m | |
| Independent Director | 4.3yrs | US$223.18k | 0.022% $ 568.8k | |
| Independent Director | 5.7yrs | US$238.18k | 0.029% $ 776.9k | |
| Independent Director | 7.7yrs | US$235.68k | 0.085% $ 2.2m | |
| Director | 5.7yrs | no data | no data | |
| Director | 8.7yrs | no data | no data | |
| Director | 8.7yrs | no data | no data | |
| Chairperson of the Board | 4.4yrs | no data | no data | |
| Director | 4.3yrs | no data | no data |
5.7yrs
Average Tenure
54yo
Average Age
Experienced Board: AMK's board of directors are considered experienced (5.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/05 02:54 |
| End of Day Share Price | 2024/09/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AssetMark Financial Holdings, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Fotheringham | BMO Capital Markets Equity Research |
| Kevin McVeigh | Credit Suisse |
| Alexander Blostein | Goldman Sachs |