ASSETMARK, INC

Assetmark, Inc. is an investment management firm based out of Concord, California. The company was established in 2008 and is currently headed by President and CEO Charles G. Goldman. The company was formerly known as Genworth Financial Wealth Management, Inc and is closely affiliated with Aris Wealth Services. Assetmark, Inc. operates under Assetmark Financial Inc. and has grown from its inception to have 329 employees of which 141 are investment professionals. The company has expanded from its inception to now have additional locations in Chicago, Encino, and Phoenix. Assetmark, Inc. conducts its research internally and utilizes fundamental and technical methodologies to make its investment decisions. The company invests in the public equity, alternative, and fixed income markets on a global scale, managing a variety of equity, balanced, and fixed income portfolios. Assetmark, Inc. invests most heavily in the finance sector, which alone makes up over three quarters of its total asset allocations, and also invests in the health care and consumer discretionary sectors, among other sectors such as information technology, materials, real estate, and others to a lesser degree, in order of decreasing allocation. Other than the firm’s top holdings in SPDR S&P 500 ETF Index Depositary Receipts and iShares Lehman MBS Fixed-Rate Bond Fund which respectively make up 6.8% and 3.2% of its holdings, none of its holdings make up over 3% of its total holdings. Assetmark, Inc.’s top 10 holdings together make up just under a third of its total holdings and the firm has a relatively high turnover rate of 38.8%. The company holds over $14.3 billion managed assets spread across almost 100,000 accounts, the majority of which are discretionary accounts making up $12.7 billion of its assets and 13,300 accounts making up the remaining 1.6 billion. Assetmark, Inc. mainly caters to individuals, which alone makes up over two thirds of its client base, and also caters to a variety of other clientele.