AMK - AssetMark Financial platform assets dip 5.9% in September net flows drop 62.3%
- AssetMark Financial ( NYSE: AMK ) platform assets fell to $79.4B at the end of September, down from $84.4B at August 31 and $86.8B in the year-ago period.
- Net flows saw a huge drawdown at month-end, dropping 62.3% to $228M from the prior month and -76.4% a year before.
- AssetMark Trust Company client cash was $3.51B, compared with $4.48B in August and $2.61B in September 2021.
- Number of the households edged up by 0.4% to 223.1K and climbed 9.9% from a year ago.
- Previously, (Aug. 10) AssetMark Financial platform assets rise over 5% in July, net flows slide .
For further details see:
AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%