– USA, CA – AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced the appointments of Natalie Wolfsen to its Board of Directors as CEO alongside Michael Kim as President, effective as of March 3, 2021, succeeding Charles Goldman, who will be leaving from the Board and his role as President and CEO.
“Natalie is a proven, high-performing leader who the Board of Directors unanimously believes is the right executive to lead AssetMark moving forward,” said Board Chair, Xiaoning Jiao. “She brings to her new role a deep knowledge of AssetMark, a track record of successfully developing and leading teams, and a forward-looking approach that promotes holistic advisor-client conversations, innovative technology, and greater diversity and inclusion in the wealth management industry. We look forward to her continued contributions to AssetMark’s growth.”
“The Board and I thank Charles for his significant contributions to AssetMark over the last eight years,” said Ms. Jiao. “Under his leadership, AssetMark made a successful transition to a publicly-traded company, which strengthened the company’s financial profile and enabled it to make significant investments to better serve financial advisors. We wish him every success in his future endeavors.”
About Natalie Wolfsen
Ms. Wolfsen, who most recently served as EVP and Chief Solutions Officer at AssetMark, brings to her new position more than 25 years of experience in investment product management, investments, digital product development, and marketing, as well as a proven track record of successfully achieving business results for AssetMark. She is an experienced strategist, consistently and successfully identifying and meeting the evolving needs of financial advisors and their clients through the development of new technology and services.
“I am thrilled to lead AssetMark forward as Chief Executive Officer and build on its strong momentum and proven track record of helping advisors succeed,” said Natalie Wolfsen. “We remain committed to our mission of making a difference in the lives of advisors and investors and intend to build on our stated strategy of supporting independent financial advisors, broker-dealer relationships, and RIAs on our platform by delivering new, tailored solutions, technology, and services to help them achieve their clients’ financial goals.”
In her most recent role as EVP and Chief Solutions Officer at AssetMark, Ms. Wolfsen led the Strategy and Solutions Group, driving the development of solutions and services for financial advisors. Additionally, she oversaw investment teams, managing due diligence and driving the ongoing evaluation of new outsourcing solutions. Ms. Wolfsen earned a 2020 Silver Stevie Award for Women in Business, the premier honor for female executives.
She also serves on the board of directors of the CFP Board Center for Financial Planning, an organization that works to provide the public with access to competent and ethical personal financial planning. Ms. Wolfsen’s unmatched expertise, initiative, and drive embody AssetMark’s mission-driven, client-focused culture, which she will continue to shape as CEO.
About Michael Kim
Mr. Kim most recently served as EVP and Chief Client Officer at AssetMark. In this role, he was responsible for the Client Development Group, overseeing all sales and marketing teams, sales strategy and operations, and strategic accounts. Mr. Kim and his team will continue to focus on strategies to help advisors grow and serve their clients, as well as expanding AssetMark’s engagements with existing and prospective advisors.
Mr. Kim brings to this role more than 25 years of experience working with financial advisors in various capacities, including 10 years at AssetMark. Before joining AssetMark, Mr. Kim was an executive at Fidelity Investments, overseeing RIA Sales Management, Relationship Management, and Practice Management. Mr. Kim started his professional career at Coopers & Lybrand, LLC.
“I am very pleased that the entire AssetMark organization and I will continue to benefit from Michael’s leadership, strategic thinking, and diligence,” said Ms. Wolfsen.
About AssetMark Financial Holdings, Inc.
AssetMark is a leading provider of extensive wealth management and technology solutions that power independent financial advisors and their clients. Through AssetMark, Inc., its investment advisor subsidiary registered with the Securities and Exchange Commission, AssetMark operates a platform that comprises fully integrated technology, personalized and scalable service, and curated investment platform solutions designed to make a difference in the lives of advisors and their clients. AssetMark had $74.5 billion in platform assets as of December 31, 2020, and has a history of innovation spanning more than 20 years.
For more information: https://www.assetmark.com/
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