AssetMark Completes Acquisition by GTCR, Launching New Era of Strategic Growth and Expansion
AssetMark Financial Holdings, Inc. (“the Company”), a leading wealth management technology platform for financial advisors, began a new era of strategic growth and expansion by announcing the closing of its acquisition by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth, and asset management.
Dynamic: Top 3 Reasons to Stay Diversified
(Kostya Etus, Dynamic Advisor Solutions) While we may be seeing an uptick in volatility recently, driven primarily by uncertainty surrounding economic growth, it’s important to remember that the market had a great first half this year, with the S&P 500 up close to 20% through the end of August. While market performance has largely been driven by Nvidia and the “Fabulous Three”—Amazon, Facebook/Meta, and Microsoft—we have also seen more broad-based positive performance from other areas of the market given continued favorable data releases.
Franklin Templeton Introduces Equity SMA Models on Orion’s Platforms
Franklin Templeton has announced the availability of a broad range of equity separately managed account (SMA) models on wealthtech solutions provider Orion’s platforms.
Google’s Ad Empire Under Fire As US Antitrust Trial Begins
Google headed back to court to face US Justice Department allegations that it manipulates the $677 billion display advertising market.
Raskob Kambourian To Pay $1.8 Million For Failure To Disclose Fee Increases
Raskob Kambourian Financial Advisors has agreed to pay $1.8 million to settle allegations of failing to disclose fee increases to clients.