Refinitiv Wealth Management brings enhanced scale to AssetMark’s platform for financial advisors

New collaboration through Refinitiv BETA platform supports evolving needs of financial advisors and their investors.

New York –  Refinitiv today announces a new collaboration with AssetMark, a leading provider of Wealth Management and technology solutions, to bring added resource, scale and innovation to AssetMark through the Refinitiv BETA platform. The alliance further demonstrates Refinitiv’s commitment to the Wealth Management industry by supporting AssetMark’s ongoing mission to evolve its solutions and services to meet the ever-changing needs of financial advisors and their investor clients.

Joe Mrak, Global Head of Wealth Management at Refinitiv said: “We’re delighted to be working with AssetMark, a leading TAMP (Turnkey Asset Management Program) provider, to deliver the comprehensive resources that allow them to continue expanding the breadth and depth of their platform. AssetMark understands it isn’t just about helping advisors grow, but also about creating a better outcome for investors, a mantra that informs every aspect of our work together.”

Refinitiv’s collaboration with AssetMark will enable an improved client experience and technology to drive scale for both AssetMark and its financial advisor clients. The AssetMark platform, is an integrated suite of products and services that enable advisors to streamline key asset management and business processes that would otherwise require significant investments of time and money. See more information about the AssetMark platform.

Gaurav Auditya, Senior Vice President at AssetMark said: “Providing value at AssetMark means always looking for opportunities to enhance the financial advisor’s ability to serve clients more efficiently and effectively. As AssetMark grows to support advisors’ own growth trajectories, it’s important that we align with established, proven organizations like Refinitiv that can support our larger effort to continue innovating and optimizing our platform for an unrivalled real-time experience.”

Refinitiv Wealth Management solutions provide seamless integration across front, middle, and back office workflows. BETA Securities Processing and Custody Solution from Refinitiv is a comprehensive set of tools that enable automated straight-through processing, allowing firms to focus on deepening client relationships. Learn more about Refinitiv Wealth Management.

About Refinitiv

Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in approximately 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.refinitiv.com

About AssetMark Financial Holdings, Inc.

AssetMark is a leading provider of extensive wealth management and technology solutions that power independent financial advisors and their clients. Through AssetMark, Inc., its investment advisor subsidiary registered with the U.S. Securities and Exchange Commission, AssetMark operates a platform that comprises fully integrated technology, personalized and scalable service and curated investment platform solutions designed to help advisors and their clients thrive. AssetMark had $63.2 billion in platform assets as of June 30, 2020 and has a history of innovation spanning more than 20 years. For more information, visit: AssetMark.com.

Contacts

Gemma Mostyn-Owen
Refinitiv, PR Specialist
Mobile +1 203-423-9517
gemma.mostynowen@refinitiv.com

Chris Blake
MSR Communications
chris@msrcommunications.com