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AssetMarks CEO on development, share worth and TAMP label rejection
Being a TAMP ain’t what it was once. In AssetMark small case, this will likely work in her favor. AssetMark Monetary Holdings (ticker: AMK) is trying to develop past the TAMP label, aiming to supply advisors a broader and deeper vary of providers at a time when extra advisors are striving to realize larger effectivity and scale. To that finish, AssetMark has signed two acquisitions to increase its providing. And the Harmony, Calif.-based firm is having a file yr. The inventory is up almost 32% year-to-date, whereas the S&P 500 is up simply 3%. Within the final two earnings cycles we have had huge strikes, says Natalie Wolfsen, who turned…