AssetMark Named Winner of the ThinkAdvisor 2024 Luminaries Award for Innovation for Its Tax Management Services

Core Insights - AssetMark, Inc. has been awarded the ThinkAdvisor 2024 Luminaries Award for Innovation in the Business Development segment for its Tax Management Services (TMS) [1][3] - The Tax Management Services aim to enhance investment outcomes for clients by effectively managing taxes, combining advanced technology with sophisticated strategies [2][5] - The award highlights the commitment of AssetMark to innovation and excellence in financial services, as recognized by a panel of independent judges [4][5] Company Overview - AssetMark operates a wealth management platform that supports over 9,000 financial advisors and more than 263,000 investor households [6] - As of September 30, 2024, AssetMark had over $127 billion in platform assets [7] - The company is focused on empowering financial advisors with flexible, purpose-built solutions to enhance client engagement and drive efficiency [5][6] Future Initiatives - Looking ahead to 2025, AssetMark plans to introduce an advanced planning offering that will provide tailored strategies for estate planning, tax efficiency, retirement planning, and multi-generational wealth transfer [4][5] - This initiative aims to deepen client relationships and offer comprehensive financial strategies that address evolving client needs [4][5]