AMK - AssetMark Financial platform assets dip to $82.1B in June

• AssetMark Financial ( NYSE: AMK ) platform assets dipped 3.0% to $82.1B Y/Y in June, driven by weak net flows and broad market volatility.
• Net flows of $383M in June dropped 59.0% from the year-ago period, according to the asset manager's monthly report .
• Furthermore, AssetMark Trust Company client cash was $3.70B, up 42.9% year-over-year.
• Number of households increased 12.1% Y/Y to 220,172 at the end of June.
• In mid-June, AssetMark expanded RIA offering with acquisition of Adhesion Health .

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