US wealthtech firm AssetMark opens Global Capability Centre in Hyderabad. vmpl - Oct 29, 2026 12:48 AM Fully built-out centre designed to house approximately 500 professionals, with hiring underway from senior global leaders to campus graduates HYDERABAD, India, October 29, 2026 - AssetMark, a leading US-based wealth management platform serving more than 10,000 financial advisors, today announced the opening of AssetMark Global Wealth, its Global Capability Centre (GCC) in Hyderabad. Equipped to house approximately 500 employees, the centre strengthens AssetMark's global technology and business operations, while further expanding AssetMark's presence in India and creating opportunities to attract and nurture local talent. AssetMark has operated in India through an outsourcing model for nearly a decade. The Hyderabad GCC represents the next phase of the company's commitment to the country, bringing a dedicated team in-house. As part of this investment in Hyderabad, the company has leased and fully built out a workplace in H-10 By Phoenix Hitech City, Hyderabad. The space is designed to foster collaboration, innovation and professional development, while reflecting AssetMark's values and culture. Led locally by Joshi Alaparthi, Vice President, Head of India GCC, the Hyderabad team will work closely with US-based colleagues to drive technology and engineering initiatives across AssetMark's wealth management platform. This includes using artificial intelligence to boost advisor productivity, enhance client service and scale engineering capabilities, while keeping human judgement at the centre of decision-making. "Hyderabad's strong ecosystem of technology and financial services expertise makes it an ideal location for AssetMark to expand our global capabilities and support our next phase of growth," said Lou Maiuri, Chairman and Group CEO of AssetMark. "By connecting colleagues across regions and time zones, we can collaborate more seamlessly, accelerate innovation and further strengthen the value and support we deliver to financial advisors and their clients." Now in its 30th year, AssetMark equips financial advisors with planning tools, investment solutions and operational capabilities designed to help them grow their businesses and better serve their clients. The Hyderabad center will play an important role in AssetMark's global operations while creating opportunities for talent in India. "Our expansion into Hyderabad is an important step in strengthening the exceptional service we provide to financial advisors and their clients," said Carrie Hansen, Chief Operating Officer of AssetMark. "By bringing our Operations and Technology teams together, we are creating an environment where people can collaborate more closely, innovate faster and continuously improve both our technology and the way we deliver our services. We are building a team that understands our mission, recognizes the impact of its work and has the ownership and opportunity to grow. That combination of talent, collaboration and shared purpose will help us deliver an even better experience for our clients." Hiring is now under way across levels, from global leaders managing teams across India and the United States to experienced professionals and early-career talent, with roles spanning technology, operations and product management. As part of its hiring programme, AssetMark will work with Chaitanya Bharathi Institute of Technology (CBIT) to welcome 10-15 graduates for its first group of campus recruits. The programme will expand to additional institutions and disciplines over time, creating a strong pipeline of future talent. About AssetMark AssetMark, Inc. operates a wealth management platform with a mission to help financial advisors and their clients. AssetMark, together with its affiliates AssetMark Trust Company, Voyant, and Adhesion Wealth Advisor Solutions, serves advisors at every stage of their journey with flexible, purpose-built solutions, powered by its innovative technology platform. The company equips advisors with planning tools, investment solutions, and operational capabilities to help deliver better investor outcomes by enhancing their productivity, profitability, and client satisfaction. Founded in 1996, AssetMark has over 1,100 employees and serves more than 10,000 financial advisors and over 340,000 investor households. As of June 30, 2026, the firm had over $180 billion in assets across its platforms. AssetMark, Inc. is a registered investment adviser with the U.S. Securities and Exchange Commission. Media Contact Jen Deitsch, Senior PR and Executive Communications Manager, AssetMark The content provided in this section is part of a third party press release service and does not reflect the editorial views or opinions of IANS. The responsibility for the accuracy, authenticity, and legality of the information lies solely with the content provider. IANS assumes no liability for the content published under this arrangement and encourages readers to verify the information independently before consuming it.

AssetMark launches global capability centre in Hyderabad, announces hiring. US-based wealth management platform AssetMark has launched AssetMark Global Wealth, its global capability centre in Hyderabad. The facility can accommodate around 500 employees and will support technology, engineering and business operations, with recruitment under way across several functions. Published Date - 27 October 2026, 04:10 PM Hyderabad: AssetMark, a US-based wealth management platform serving more than 10,000 financial advisors, on Tuesday announced the launch of AssetMark Global Wealth, its Global Capability Centre (GCC) in Hyderabad. As part of this investment in Hyderabad, the company leased and fully built out a workplace in H-10 by Phoenix Hitec City. Equipped to house approximately 500 employees, the centre strengthens AssetMark's global technology and business operations. The Hyderabad team will work closely with US-based colleagues to drive technology and engineering initiatives across AssetMark's wealth management platform. This includes using artificial intelligence to boost advisor productivity, enhance client service and scale engineering capabilities, while keeping human judgement at the centre of decision-making. Hiring is now underway across levels, from global leaders managing teams across India and the United States to experienced professionals and early-career talent, with roles spanning technology, operations and product management. * Follow Us:

AssetMark expands Private Markets platform with Private Equity Strategies from Calamos investments and StepStone group. New strategies bring AssetMark's private markets platform to six interval funds across four categories, integrated through its unified managed account technology. September 23, 2026 CONCORD, CA - September 23, 2026 - AssetMark, a leading wealth management platform for independent financial advisors, today announced the expansion of its private markets platform with the addition of the Calamos Aksia Private Equity and Alternatives Fund (CAPVX) and the StepStone Private Equity Strategies Fund (STPEX). With these additions, advisors now have access to six interval funds spanning private credit, private real estate, private infrastructure and private equity - integrated into AssetMark's unified managed account (UMA) technology. These additions build on AssetMark's existing private credit, private real estate and private infrastructure strategies, which launched in November 2025. The new funds add diversified private equity exposure, expanding AssetMark's private markets platform across four categories. "Private markets can offer meaningful diversification and long-term return potential, but incorporating them into a wealth practice requires additional care at every step of the process," said David McNatt, EVP and Chief Wealth Solutions Officer at AssetMark. "Manager selection, portfolio construction, liquidity management, integrated operations, and advisor and investor education are critical. AssetMark's role is to take that complexity off the advisor's desk. By combining a curated menu of private markets strategies with UMA technology and portfolio management support, we give advisors flexibility in how they use private markets while creating a simpler experience for their practice." AssetMark's solution is designed to help advisors navigate the operational and portfolio-construction demands associated with private markets. By addressing operational considerations such as different liquidity terms and subscription processes, AssetMark helps make private market implementation more manageable for advisors and their clients. Through AssetMark's UMA technology, advisors can choose the portfolio management construct that fits with how they build portfolios. The new funds are available as standalone investments or within professionally managed, goals-based private markets strategies that can be incorporated alongside clients' existing public-market holdings. For advisors seeking a more turnkey approach, private markets are available through GPS Select Access and SAVOS Personal Portfolios Access. These professionally managed portfolios combine active public market management with integrated private markets exposure, all within a single portfolio, at a $250,000 minimum investment. Cerulli Associates' 2026 U.S. Private Markets report suggests that private market adoption is increasingly moving from access to portfolio integration. The report identifies diversified, alternative asset-allocation models as the next stage of private-markets adoption, noting that a professionally vetted model delivered through a single implementation point can reduce operational complexity, saving time for advisors. AssetMark's private markets platform reflects this evolution by integrating private equity into UMA and managed-portfolio solutions, supported by curated manager selection and ongoing oversight. This approach is especially relevant as advisors consider how private equity can complement public-market exposure. AssetMark continues to invest in its private markets capabilities and team, including the recent appointment of Byron Dolven as VP of Private Markets Product Strategy, who brings more than a decade of experience building and managing alternative investment platforms for financial advisors. "Private equity can play an important role within a broader, well-constructed client portfolio," said Dolven. "Public equity markets have become increasingly concentrated, while many high-growth companies are staying private longer and reaching significant scale before a public listing, if they list at all. For clients with appropriate time horizons and liquidity needs, private equity can complement public equities and broaden the opportunity set. By combining curated manager selection, rigorous due diligence, and ongoing oversight within a UMA framework, AssetMark is helping advisors bring private equity into client portfolios in a more integrated and repeatable way." The Calamos Aksia Private Equity and Alternatives Fund leverages Aksia's institutional manager research platform to identify high-conviction opportunities, while the StepStone Private Equity Strategies Fund draws on StepStone's global private markets platform, scale and manager relationships to provide diversified exposure across private equity strategies. "An effective private equity allocation is grounded in rigorous research, disciplined investment selection and the flexibility to pursue high-conviction opportunities across the asset class," said Kevin Hitchen, CFA, Co-Head of Private Equity at Aksia. "The Calamos Aksia Private Equity and Alternatives Fund combines Aksia's institutional private equity capabilities with Calamos' experience in liquid alternative investments to deliver a conviction-driven portfolio anchored by private equity, including secondary and co-investment opportunities with an emphasis on smaller and middle-market opportunities. We are pleased to make this approach available to advisors through AssetMark's platform, where it can be considered as part of a broader private markets allocation." "Investors are increasingly looking to build more diversified portfolios, and our focus is on bringing StepStone's institutional private markets capabilities to those investors in an efficient and thoughtful way," said Brett Schlemovitz, Partner & President, StepStone Private Wealth Solutions. "The StepStone Private Equity Strategies Fund reflects that approach, drawing on our global scale, proprietary data and deep investment expertise to provide diversified exposure to high-conviction private equity managers across primary investments, secondaries and co-investments. Through AssetMark, we're pleased to make that exposure more accessible to advisors and their clients." About AssetMark AssetMark, Inc. operates a wealth management platform with a mission to help financial advisors and their clients. AssetMark, together with its affiliates AssetMark Trust Company, Voyant, and Adhesion Wealth Advisor Solutions, serves advisors at every stage of their journey with flexible, purpose-built solutions, powered by its innovative technology platform. The company equips advisors with planning tools, investment solutions, and operational capabilities to help deliver better investor outcomes by enhancing their productivity, profitability, and client satisfaction. Founded in 1996, AssetMark has over 1,100 employees and serves more than 10,000 financial advisors and over 340,000 investor households. As of June 30, 2026, the firm had over $180 billion in assets across its platforms. AssetMark, Inc. is a registered investment adviser with the U.S. Securities and Exchange Commission. Media: Jen Deitsch Senior PR and Executive Communications Manager [email protected] IMPORTANT INFORMATION ABOUT THE RISKS OF INVESTING This is for informational purposes only, is not a solicitation, and should not be considered investment, legal or tax advice. The information has been drawn from sources believed to be reliable, but its accuracy is not guaranteed and is subject to change. Investors seeking more information should contact their financial advisor. Investing in private assets, which are accessed through private markets, involves significant risks, including the risk of complete loss. There is no assurance that private asset investments will achieve their stated investment objectives. Private asset investments are often illiquid, meaning an investor's ability to sell may be limited for extended periods of time. Investing in private markets is intended for experienced and knowledgeable investors who are able to bear the risks of the investments. For more complete information about the various investment solutions available, including the investment objectives, risks, and fees, please refer to the Disclosure Brochure and applicable Fund Prospectus. Please read them carefully before investing. For a copy, please contact AssetMark or your Financial Advisor. AssetMark, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission. AssetMark Asset Management, a division of AssetMark, Inc., includes the firm's proprietary investment strategies. AssetMark and third-party strategists and service providers are separate and unaffiliated companies. Each party is responsible for their own content and services.