|By PR Newswire||
|January 13, 2014 11:21 AM EST||
CONCORD, Calif., Jan. 13, 2014 /PRNewswire/ -- AssetMark, Inc., a leading strategic provider of innovative investment and consulting solutions serving financial advisors, announced today that Charles Goldman, Chairman of the governing Board of AssetMark, will assume the role of President & Chief Executive Officer, replacing Gurinder Ahluwalia, effective immediately.
"This is an exciting time for AssetMark, as we continue to invest in and expand the portfolio construction, investment solutions, practice management and custody services, that help financial advisors build and more effectively manage their businesses so they can best serve their clients," stated Mr. Goldman. "We thank Gurinder for his many years of dedication to building the firm's superior platform and leading reputation. I look forward to working with the AssetMark team to continue our mission of delivering best-in-class service to financial advisors, better positioning them to help their clients achieve their investment objectives."
AssetMark announced its new name in November, marking the start of a new chapter in its history after becoming independent in September. The business will continue to focus on delivering innovative investment solutions and services through its sophisticated technology platform, as well as practice management know-how, to independent advisors who are committed to making a difference for their clients.
"I am proud of all that we have accomplished in growing the business into an industry leader and feel that AssetMark has a very bright future as an independent company," stated Mr. Ahluwalia.
Mr. Goldman has deep experience working with independent advisors and broker dealers, having previously served as President of Custody & Clearing at Fidelity Investments, as well as Head of Schwab Institutional (among other senior roles at The Charles Schwab Corporation). He has also served on several boards of companies and associations, and currently serves on the Certified Financial Planner Board of Standards and the board of Personal Capital Corporation.
About AssetMark, Inc.
AssetMark, Inc. is a leading strategic provider of innovative investment and consulting solutions serving independent financial advisors. We provide investment, relationship and practice management solutions that advisors utilize in helping clients achieve their investment objectives and life goals. The firm has approximately $20 billion in assets and a history of innovation spanning nearly 20 years. AssetMark works in collaboration with independent advisors who make a difference in the lives of their clients. For more information, visit: www.assetmark.com.
SOURCE AssetMark, Inc.
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