AssetMark Financial Holdings, which provides a wealth management platform for independent financial advisers, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The Concord, CA-based company was founded in 1994 and booked $371 million in revenue for the 12 months ended March 31, 2019. It plans to list on the NYSE under the symbol AMK. J.P. Morgan, Goldman Sachs, Credit Suisse and Huatai Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
