AssetMark, Inc. to Create 13 Jobs in Fulton County
Wednesday, December 5th, 2018
The Georgia Department of Economic Development announced that AssetMark, Inc., an independent provider of investment and consulting solutions for financial advisors, will create 13 jobs in a new East Coast software development office in Atlanta.
“Congratulations to AssetMark on their new software development office,” said GDEcD Commissioner Pat Wilson. “Atlanta’s talented workforce will surely meet the needs of this innovative company and I look forward to their success.”
AssetMark is a leading turnkey asset management provider. The California-based company has approximately $47.5 billion in assets on its platform as of September 30th, 2018, and recently agreed to buy Global Financial Private Capital, a $5.7 billion RIA that provides outsourcing services to approximately 200 advisors.
“Our excitement about this new office is twofold,” said Charles Goldman, President and CEO of AssetMark. “This expansion is a strategic investment in future AssetMark technology initiatives, and we are proud to play a part in the creation of economic opportunity in an Opportunity Zone in Georgia.”
“The work we’re planning in Atlanta will support a full range of technology functions, including application development for our industry-leading advisor technologies, infrastructure, and network services, as well as security operations,” said AssetMark’s Chief Information Officer Muk Mehta.
“Congratulations to AssetMark on the selection of downtown Atlanta for their new office,” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “As innovators and thought leaders in the asset management industry, they are a welcome addition to metro Atlanta’s thriving financial services ecosystem.”
GDEcD Senior Project Manager Randall Toussaint represented the Global Commerce division in partnership with the Metro Atlanta Chamber, Invest Atlanta and Georgia Power.
“We want to welcome AssetMark to its new home in Downtown Atlanta as they target their solutions to the country’s more than 300,000 independent financial advisors,” said Dr. Eloisa Klementich, President and CEO of Invest Atlanta. “Our city’s abundance of tech talent, strong business climate, educational institutions and financial services ecosystem continue to attract industry leaders like AssetMark. This announcement once again demonstrates Atlanta’s ability to bring top-tier financial technology companies to the heart of the city.”