Pleasant Hill, CA - February 2, 2006
AssetMark Investment Services , Inc., a leading investment management and consulting firm, today announced the addition of ING Investment Management to its investment platform. ING Investment Management will join AssetMark’s Privately Managed Account Program as a Bestof Class investment manager.
AssetMark offers asset allocation portfolios implemented though no-load mutual fund, variable annuity, exchange traded fund, and privately managed account solutions to high net worth investors through a national network of broker-dealers and independent Registered Investment Advisors. ING was selected in conjunction with Wilshire Associates, a leading global investment management, investment consulting, and investment technology firm, whom AssetMark has retained to provide manager research and due diligence in the selection of Best of Class managers for privately managed accounts.
“At AssetMark, we’ve grown our business by empowering Advisors to create unique and leading-edge investment solutions for their clients,” stated Ronald Cordes, Chairman of AssetMark Investment Services. “The addition of ING as a private account manager further demonstrates our commitment to providing our Advisors with top Investment Managers to address their clients’ most important financial needs.”
ING is a global financial institution offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 113,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.
“We believe the AssetMark program provides an excellent opportunity for financial advisors and their clients to have access to our proprietary investment management strategies,” noted Jamie Kase from ING Investment Management. “ING values the opportunity to serve financial advisors within AssetMark’s comprehensive investment platform.”
