AssetMark Expands Portfolio Construction Capabilities for Advisors

Customizable Options Enhance Flexibility for Advisors and Their Clients

Jun 10, 2014, 10:00 ET from AssetMark

CONCORD, Calif., June 10, 2014 /PRNewswire/ -- AssetMark, Inc., a leading strategic provider of innovative investment and consulting solutions serving independent financial advisors, announced today that it has introduced sophisticated new capabilities that support advisors in developing portfolios to address client needs.  AssetMark's new customizable Unified Managed Account (UMA) capabilities and expanded choices for its turnkey portfolios (GPS Solutions and GPS Selection Solutions) bring advisors a full spectrum of options for working with their clients.

"We know that advisors are extremely busy and need to tailor their solutions to each client situation," said Charles Goldman, President and CEO, AssetMark. "These enhancements allow advisors to build extremely sophisticated portfolios with multiple investment strategies in one account, or to use our turnkey capabilities."

AssetMark's new UMA provides advisors with expansive flexibility and choice. Using the firm's "multiple strategy accounts," advisors may combine up to eight different investment strategies in a single account, with only one statement and a single fee.

AssetMark has also enhanced the capabilities of its turnkey GPS Select Solutions, which invest directly in the strategies of a diversified group of portfolio strategies. The new Custom GPS Select Solutions allow advisors to adjust underlying portfolio strategists and their risk profiles, as well as the allocation weightings in the strategy, to address client preferences and goals. In addition, the firm's broadly diversified GPS Solutions, which use proprietary mutual funds to provide turnkey accumulation and distribution strategies, are now available with or without alternative investments.

"The new capabilities allow advisors to express their views and preferences within their clients' portfolios, while maintaining clear insight into risk profiling," said Zoë Brunson, CFA, ‎Director of Investment Strategies, AssetMark. "These enhancements also permit advisors to delegate ongoing tasks such as rebalancing, and reflect our focus on maximizing flexibility and ease of use for advisors and their clients."

About AssetMark, Inc.

AssetMark, Inc. is an independent strategic provider of innovative investment and consulting solutions serving financial advisors. AssetMark provides investment, relationship and practice management solutions that advisors utilize in helping clients achieve their investment objectives and life goals.

The firm has approximately $22 billion in assets on its platform and a history of innovation spanning over 20 years. AssetMark works in collaboration with independent advisors who make a difference in the lives of their clients. For more information, visit

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