CONCORD, Calif., Oct. 29, 2015 /PRNewswire/ -- AssetMark, Inc. today announced the launch of the Clark Capital Navigator® Personalized UMA (PUMA) as an exclusive strategy on its asset management platform, along with seven additional Clark Capital strategies.
The Clark Navigator® PUMA offers a highly collaborative and consultative process that incorporates client-specific case design, income planning, tax management, personal benchmarks and more. Individual securities are used whenever possible to keep costs low.
The PUMA allows financial advisors to hand pick the most appropriate individual Clark Capital strategies and combine them into a single account. This helps them address the unique needs of their clients in a more efficient way.
"These additions support our mission to provide financial advisors with more choices to build portfolios that are best suited to their clients' objectives," said Charles Goldman, President and CEO of AssetMark. "Clients demand more versatility and customization and we want to give advisors what they need to meet those expectations."
Additional Clark strategies added to the AssetMark platform include:
- Navigator® All Cap Core U.S. Equity
- Navigator® SMID Cap Core U.S. Equity
- Navigator® Small Cap Core U.S. Equity
- Navigator® International Equity/ADR
- Navigator® Fixed Income Total Return
- Navigator® Taxable Fixed Income
- Navigator® Tax-Free Fixed Income
Clark Capital is an independent asset management firm founded in 1986 in Philadelphia. AssetMark completed the purchase of Clark Capital's turnkey asset management platform assets in August 2015. Several of Clark's strategies that are now available on the AssetMark platform rank in Morningstar's top 5% by peer group.
About AssetMark, Inc.
AssetMark, Inc. is a leading independent provider of innovative investment and consulting solutions serving financial advisors. The firm provides investment, relationship and practice management solutions that advisors use to help clients achieve their investment objectives and life goals. AssetMark, Inc., including its Savos and Aris divisions, has approximately $27.5 billion in combined assets on its platform and a history of innovation spanning over 20 years. For more information, visit https://www.assetmark.com/ and follow @AssetMark on Twitter.
SOURCE AssetMark, Inc.