Revolution in Wealth Management: AssetMark's Ambitious Leap into Private Markets

In a groundbreaking move towards transforming wealth management, AssetMark enters private markets by collaborating with titans like Apollo, Carlyle, KKR, and StepStone. This strategic leap offers immense potential to reshape financial advising through innovative partnerships and new fund structures for advisors and their clients.

Private Market Redefined with Cutting-Edge Solutions

AssetMark provides unparalleled access to innovative private market strategies like Apollo’s Diversified Credit, Carlyle’s Tactical Private Credit, KKR’s Real Estate Select Trust, and StepStone’s Private Infrastructure Fund. Advisors now have a streamlined gateway to private market investments without traditional barriers, seamlessly integrated into AssetMark’s platform.

Empowering Advisors for Success

This journey marks a significant transition. With managed strategies tailored for simplicity and efficacy, AssetMark ensures advisors can meet evolving client demands. “AssetMark’s expansion reflects a pivotal evolution in strategic wealth management,” stated Lou Maiuri, CEO of AssetMark. “We’re offering an ‘easy button’ in navigating complex markets.”

Responding to Industry Changes

The initiative comes at a critical moment as traditional publicly listed companies dwindle, prompting a shift towards concentrated market options. Demand for private market access surges in response to higher returns and lower volatility. “We align perfectly with AssetMark’s mission to deliver sophisticated investments,” said Collin Roche of GTCR.

Innovative Partnerships for Broadening Horizons

AssetMark’s collaboration with Apollo, Carlyle, KKR, and StepStone symbolizes a unified mission: empowering advisors and clients with robust, diverse investment avenues. This synergy promises advanced solutions tailored to meet the changing landscape of advisory services.

Navigating the Future with Assurance

This breakthrough not only provides a cutting-edge approach to portfolio diversification but also underscores AssetMark’s commitment to equip financial advisors with comprehensive tools to thrive. Brett Schlemovitz of StepStone Group stressed, “This moment defines how advisors harness private market potential, benefiting from new opportunities.”

Conclusion

AssetMark’s venture into private markets signifies more than just an extension of services; it is a pivotal chapter in wealth management evolution. By addressing challenges, enhancing opportunities, and adopting a client-centric approach, AssetMark is setting a new benchmark in financial advising.

To explore AssetMark’s private market strategies further, visit: GlobeNewswire.