AssetMark Adds Balanced Strategies to Private Accounts Platform.Business Editors PLEASANT HILL, Calif.--(BUSINESS WIRE)--June 18, 2002 AssetMark Investment Services, Inc., a leading investment management and consulting firm, today announced the addition of several balanced portfolio options to its private accounts platform. AssetMark offers privately managed accounts solutions to high net worth investors, through a national network of over 800 broker-dealers and independent Registered Investment Advisors. In conjunction with a leading institutional pension consulting firm, CRA See Community Reinvestment Act. RogersCasey, the program provides asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. portfolio solutions implemented with "Best of Class" Private Account Managers. Three of the managers on the AssetMark platform will begin offering balanced portfolios. Brandes and TCW TCW Total Carat Weight TCW Temporal Cold War (Star Trek Enterprise) TCW Troop Carrier Wing TCW Turnbuckle Championship Wrestling TCW Tasty Coma Wife (Scrubs episode) both offer U.S. Balanced Portfolios with a $100,000 minimum investment, constructed utilizing a combination of U.S. Equities, U.S. Treasuries and high-grade corporate bonds. Brandes' portfolios are Value-oriented, while TCW's focus is Growth. Lazard Asset Management's Global Balanced Portfolio, with a $250,000 minimum investment, is constructed utilizing a combination of U.S. Equities, ADRs, U.S. and International fixed income instruments Fixed income instruments Assets that pay a fixed dollar amount, such as bonds and preferred stock. . The balanced portfolios offer clients the ability to combine multiple investment styles in a single portfolio with low investment minimums. About Brandes Investment Partners Brandes Investment Partners is an investment advisory firm, managing assets for institutional and private clients worldwide. It was founded by Charles Brandes in 1974. Brandes Investment Partners currently (as of 2006) manages $105 billion in investments. Brandes Investment Partners is a bottom-up, value-oriented equity manager, which focuses on identifying the intrinsic value Intrinsic Value 1. The value of a company or an asset based on an underlying perception of the value. 2. For call options, this is the difference between the underlying stock's price and the strike price. of companies and then buying them at steep discounts. Brandes has a clearly defined and transparent investment process. About Lazard Asset Management Lazard Asset Management is a division of Lazard, Freres & Co. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a pre-eminent global investment bank with a worldwide presence in the investment industry spanning over 150 years. Lazard employs an extensive global research staff and applies a consistent time-tested investment discipline with a focus on risk management, individual security selection, and portfolio construction. About TCW Investment Management Company TCW Investment Management Company is an affiliate of the TCW Group. The TCW Group is a group of affiliated global financial companies providing a broad range of investment products for investors around the world. TCW's equity investment philosophy stresses investment in high quality companies with opportunities for growth that are not fully reflected in stock market valuations. About AssetMark Investment Services, Inc. AssetMark Investment Services, Inc. was founded in 1996 and is one of the industry's leading providers of fee-based investment Fee-Based Investment An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the management solutions for investment advisors, broker dealers, banks and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms. The company provides services to over 800 advisory firms, and administers more than 17,000 investor portfolios with total assets exceeding $2 billion. |
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