AssetMark Inc., a provider of investment and consulting solutions, is adding 12 new AssetMark MarketDimensions portfolios to its platform, the Concord, Calif., firm announced Tuesday.
The AssetMark MarketDimensions mutual fund portfolios are aligned with six risk profiles to meet the needs of investors of different ages. The portfolios are designed to be low cost and tax efficient, AssetMark said.
“Combined with AssetMark’s asset allocation services, the model portfolios represent a compelling core market solution” for advisors’ clients, said David McNatt, senior vice president of product management and development for AssetMark.