Atlanta Capital Management Joins AssetMark's Private Accounts Platform.Business Editors PLEASANT HILL, Calif.--(BUSINESS WIRE)--April 11, 2002 AssetMark Investment Services, Inc., a leading investment management and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , today announced the addition of Atlanta Capital Management to their lineup of private account managers. AssetMark offers privately managed accounts solutions to high net worth investors, through a national network of over 700 broker-dealers and independent Registered Investment Advisors Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in . In conjunction with a leading institutional pension consulting firm, 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. Atlanta Capital Management has been managing domestic large cap growth portfolios since 1969, and currently manages over $7 billion dollars for public and private clients. The firm was selected for addition to the platform based upon the consistency of their investment philosophy and the discipline of the investment process, combined with their commitment to bottom-up fundamental research. Atlanta believes attractive investment returns are produced by investing in a diversified portfolio of high quality companies capable of sustaining superior rates of earnings growth. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Christopher Reynolds, Vice President and Principal responsible for Marketing at Atlanta Capital Management, "We are very pleased to have been selected by AssetMark to join one of the leading private account platforms in the industry. Our large cap growth strategy has been utilized for years by our institutional clients as a component of their asset allocation portfolios, and is now available to high net-worth clients as well." About Atlanta Capital Management Atlanta Capital Management is a leading Atlanta-based investment firm specializing in managing domestic large cap growth portfolios. The company's strong organization, stability of management and consistent performance results distinguish it among its peers. 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 Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , 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 700 advisory firms, and administers more than 16,000 investor portfolios with total assets exceeding $2 billion. |
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