AssetMark offers a platform that provides financial advisors with access to investment solutions for their clients. AssetMark provides account administration, custody, brokerage, and advisory services. Financial advisors consult with clients to assess their financial situation and implement investment strategies. AssetMark also manages proprietary investment strategies and serves as the investment advisor for the GuideMark and GuidePath Funds.
Fee Structure
AssetMark's platform offers various investment solutions, including model portfolios, individually managed accounts (IMAs), and individual mutual funds. Fees include a financial advisor fee and a platform fee, which covers advisory, administrative, custodial, and brokerage services. The platform fee is based on the amount and type of assets. Some fees are negotiable. Clients should be aware that AssetMark's fees can be higher or lower than those charged by others in the industry.