AssetMark, Inc.

Profile narrative

AssetMark, Inc., also known as AssetMark, is a United States-based organization operating in the investment management and financial advisory services sector. The organization provides strategic investment management solutions and turnkey asset management platform services to financial advisors. Its services support advisors who manage investment assets for clients and need access to managed investment programs and related advisory infrastructure. AssetMark’s primary market is the United States financial services industry, and its direct customer base is centered on financial advisors rather than only individual retail customers. The organization’s role is therefore best described as an investment management platform and advisory-support provider within the broader wealth management ecosystem. The supplied material does not provide employee counts, revenue, client counts, or assets under management, so those measures are not asserted here.

A distinguishing attribute of AssetMark is its association with the turnkey asset management platform model. In that model, investment management and related operational capabilities are packaged for use by advisory firms, allowing advisors to incorporate managed investment solutions into their practices. This specialization places AssetMark in a sector positioned between asset management, investment technology, and outsourced support for independent advisory businesses. The organization is not described in the supplied material as a regulator, government agency, or consumer bank. Its notable competency, based on the available information, is providing investment management solutions to financial advisors through a platform-oriented service model.

AssetMark has been associated with Aozora Bank, Ltd. through Aozora Bank’s acquisition of AssetMark Financial Holdings, Inc. in 2020. This corporate history indicates that AssetMark, Inc. is part of a broader corporate structure connected to Aozora Bank, Ltd. A known incident record states that AssetMark discovered suspicious activity associated with login information on May 15, 2026. The activity resulted in an unauthorized user accessing and obtaining certain files containing customer information. The exposed data may have included names, Social Security numbers, financial account information, and government identification numbers. Approximately 570,000 individuals were affected by the incident. Individuals who received breach notification were described as facing increased risk of identity theft and fraud. Edelson Lechtzin LLP was investigating a potential class action on behalf of affected individuals.

Incidents

1 incident linked to this organisation.