AssetMark Financial Holdings, Inc. Appoints Xiaoning Jiao as the Chairperson and a Class III Member of the Board
April 23, 2020 at 12:53 pm EDT
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On April 21, 2020, the Board, upon the recommendation of the Board’s Nominating and Corporate Governance Committee of AssetMark Financial Holdings, Inc. appointed Ms. Xiaoning Jiao as the Chairperson and a Class III member of the Board, effective April 21, 2020, to fill the vacancy on the Board resulting from the resignation of Ms. Liu to serve until the Company’s 2022 Annual Meeting of Stockholders and her successor is duly elected and qualified, or until her earlier resignation, retirement or other termination of service. Ms. Jiao will not initially serve on any committee of the Board. Ms. Jiao, age 50, has served as the Chief Financial Officer of Huatai Securities Co. Ltd. since March 5, 2020. Ms. Jiao has worked in the finance industry for over two decades and has extensive regulatory experiences. Prior to joining HTSC, she was the Deputy Director General of Department of Accounting at the China Securities Regulatory Commission (the “CSRC”) from 2014 to 2020.
AssetMark Financial Holdings, Inc. provides a wealth management platform that powers independent financial advisers and their clients. The Companyâs platform provides advisers with an integrated suite of products and services that facilitates growth, streamlines workflows and provides scale to advisersâ businesses, so they can better serve their clients, who are investors of all sizes. Its platform includes Flexible technology platform, Personalized and scalable adviser service, Curated investment platform and Financial planning technology. Its integrated, open-architecture platform is built for advisers. Advisers have access to a range of automated tools and capabilities that help them differentiate the client experience, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking. It also provides a full spectrum of services for many aspects of the adviserâs firm.