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Compare · AMK vs AMP

AMK vs AMP

Side-by-side comparison of AssetMark Financial Holdings Inc. (AMK) and Ameriprise Financial Inc. (AMP): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both AMK and AMP operate in Investment Managers (Finance), so they compete in similar markets.
  • AMP is the larger of the two at $40.87B, about 23.7x AMK ($1.72B).
  • AMP has hit the wire 8 times in the past 4 weeks while AMK has been quiet.
  • AMP has more recent analyst coverage (25 ratings vs 8 for AMK).
MetricAMKAMP
Company
AssetMark Financial Holdings Inc.
Ameriprise Financial Inc.
Price
$35.25+0.00%
$454.58-0.15%
Market cap
$1.72B
$40.87B
1M return
-
-4.37%
1Y return
-
-12.20%
Industry
Investment Managers
Investment Managers
Exchange
NYSE
NYSE
IPO
2019
News (4w)
0
8
Recent ratings
8
25
AMK

AssetMark Financial Holdings Inc.

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel. It provides integrated technology platform for advisers for accessing a range of automated processes, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress to goal analysis, and client activity tracking; advisory services; and curated investment platform. The company also offers mutual funds to clients of financial advisers; custodial recordkeeping services primarily to investor clients of registered investment advisers; record-keeper and third-party administrator services for retirement products; wealth management services for institutional and individual investors; and insurance services on an intermediary basis. It serves independent advisers who provide wealth management advice to the U.S. investors. The company was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.

AMP

Ameriprise Financial Inc.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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