MSR & Clients in the News

By Nicole Casperson  |  July 29, 2021 AssetMark Financial Holdings, Inc. reported a 33.8% increase in assets under management following the platform’s recent pivot to offer products to a wider breadth of registered investment advisers. As part of AssetMark’s second-quarter earnings Wednesday evening, the turnkey asset management platform reported its AUM clocked in at $84.6 billion while 5,500… View Article
By Ian Wenik | July 29, 2021 The turnkey asset management program provider is reaping the benefits as advisors move away from commission-based relationships. Fee-conscious advisors, historically a drag on AssetMark’s performance, proved to be a benefit in the second quarter of 2021.The turnkey asset management program provider recorded record net inflows of roughly $2.2bn in the… View Article
By Joe Innace | July 26, 2o21 In 2020, assets managed by SEC-registered investment advisory (RIAs) firms increased by 13.2% to $110 trillion, while the number of advisors grew by 2.9% to 13,880, according to the July-published “Investment Adviser Industry Snapshot 2021” from the Investment Adviser Association and National Regulatory Services. The report notes that over… View Article
By Christopher Elliott  |  July 21, 2021 It’s the biggest travel question of the summer, and maybe of the year: When will travel go back to normal? We’re not there yet. Travel restrictions remain in place. Prices are unpredictable. And people are nervous. “I would not call this normal,” says Sertan Kabadayi, a marketing professor at… View Article
By Christopher Elliot | July 21, 2021 ‘It’s the biggest travel question of the summer, and maybe of the year: When will travel go back to normal? We’re not there yet. Travel restrictions remain in place. Prices are unpredictable. And people are nervous. “I would not call this normal,” says Sertan Kabadayi, a marketing professor at Fordham… View Article