AssetMark Financial Holdings Inc (AMK) Stock
AMK is no longer traded. AssetMark Financial Holdings was taken private by GTCR in September 2024.
Each AMK share was exchanged for $35.25 in cash. Prices on this page are historical; the last trade was September 4, 2024 at $35.24.
AssetMark Financial Holdings stock price history
AMK final trading statistics
- Final close
- $35.24
- Final trading day
- Sep 4, 2024
- Market cap at delisting
- $2.64B
- Shares outstanding
- 74.83M
- Final 52-week range
- $22.92 – $37.54
- Avg. volume (final 3 mo.)
- 503,620
- All-time high (split-adj.)
- $37.06 · Apr 2024
- All-time low (split-adj.)
- $14.87 · Mar 2020
- Return since IPO
- +30.3%
- Beta
- 1.10
- Book value / share
- $18.00
- Price / book
- 1.96
AssetMark Financial Holdings annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $708.50M | $123.1M | $2.29 |
| FY2022 | $618.31M | $103.3M | $1.76 |
| FY2021 | $530.30M | $25.7M | $1.40 |
| FY2020 | $432.08M | -$7.8M | $1.01 |
| FY2019 | $417.94M | -$420.0K | $0.96 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About AssetMark Financial Holdings Inc
AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools. In addition, it provides SaaS-based financial planning, wellness, and client digital engagement solutions; offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; wealth management solutions for individual investors; and overlay management, investment solutions, flexible desktop technology, and a manager marketplace. The company serves independent advisers who provide wealth management advice to the U.S. investors. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.
AssetMark Financial Holdings stock FAQ
What happened to AssetMark Financial Holdings stock?
AssetMark Financial Holdings was taken private by GTCR in September 2024. Shareholders received $35.25 in cash for each share. AMK stock stopped trading on the NYSE, with a final close of $35.24 on September 4, 2024.
What did AssetMark Financial Holdings shareholders receive?
Each AMK share was converted into $35.25 in cash. The deal was valued at about $2.7 billion.
Is AMK stock still trading?
No. AMK was delisted from the NYSE in September 2024 and no longer trades on a U.S. exchange.
What was the last price of AMK stock?
AMK closed at $35.24 on its final trading day, September 4, 2024, for a market value of about $2.64B.
What were AssetMark Financial Holdings's revenue and earnings in its last full fiscal year?
AssetMark Financial Holdings reported revenue of $708.50M and net income of $123.1M in fiscal 2023, its last full year as a public company.
When did AssetMark Financial Holdings go public?
AssetMark Financial Holdings Inc stock began trading on July 18, 2019.