Appointment of Erin Wood as Senior Vice President
AssetMark, Inc., a prominent provider of wealth management and technology solutions tailored for financial advisors, has welcomed Erin Wood as its new Senior Vice President of Advanced Planning. Wood brings a wealth of expertise and will focus on developing innovative advanced planning offerings that cater to estate planning, tax efficiency, retirement planning, and multi-generational wealth transfer. This initiative aims to empower financial advisors as they navigate the complex needs of their clients across various wealth levels.
Experience and Leadership
With an impressive career spanning over twenty years, Wood has extensive experience in leading financial planning teams and creating cutting-edge solutions across various areas. Her previous roles at the Carson Group and First National Bank of Omaha involved developing and enhancing advanced planning capabilities, enabling advisors to deliver exceptional services to their clients.
Vision and Commitment to Financial Advisory
David McNatt, EVP of Investment Solutions at AssetMark, expressed confidence in Wood’s capabilities: "Erin brings unparalleled expertise and a deep commitment to empowering advisors to succeed in an increasingly complex financial planning landscape that extends beyond traditional investment management to include advanced planning strategies." Her leadership will focus on providing comprehensive, integrated financial strategies tailored for high-net-worth families and individuals.
Strategic Goals and Insights
In her role, Wood will be responsible for shaping the vision for AssetMark’s advanced planning services. This involves forging strategic partnerships and being an industry thought leader. Her expertise will help advisors obtain the necessary tools and strategies to meet the rising demand for holistic wealth management services.
Opportunities and Vision
Sharing her excitement about the new position, Wood said, "I am thrilled to join AssetMark and lead the charge in delivering best-in-class advanced planning services to our advisors and their clients. Financial planning is about empowering individuals and families to achieve their goals, and I look forward to building solutions that make a meaningful impact on their lives."
A Leader in Financial Literacy
Wood is not only recognized for her expertise but also for her commitment to financial literacy, particularly geared towards women. Her contributions to esteemed publications like Kiplinger, TheStreet, and HerMoney demonstrate her passion for educating and empowering advisors. She has received accolades including the Wealthies 2023 Thought Leader of the Year award and the InvestmentNews 2024 Women to Watch – Financial Literacy Champion Excellence Award for her significant impacts in the financial advisory landscape.
About AssetMark
AssetMark operates a robust wealth management platform aiming to assist financial advisors and their clients. With a strong network that includes affiliates like AssetMark Trust Company and other innovative solutions, AssetMark supports advisors at various points in their journey with tailored services designed to enhance client engagement and operational efficiency.
Company Growth and Industry Impact
Since its establishment in 1996, AssetMark has grown significantly, now employing over 1,000 professionals and supporting more than 9,000 financial advisors and 263,000 investor households. The firm manages an impressive $127 billion in platform assets as of the latest updates. As a Registered Investment Adviser with the U.S. Securities and Exchange Commission, AssetMark continues to drive progress in the wealth management industry.
Frequently Asked Questions
What role will Erin Wood play at AssetMark?
Erin Wood will serve as Senior Vice President of Advanced Planning, focusing on developing tailored financial strategies.
What is the mission of AssetMark?
AssetMark's mission is to help financial advisors and their clients through innovative wealth management solutions.
How long has AssetMark been in operation?
AssetMark has been in business since 1996, supporting advisors with their wealth management needs.
What focus areas will Wood address in her new role?
She will focus on estate planning, tax efficiency, retirement planning, and multi-generational wealth transfer.
What recognitions has Erin Wood received?
Wood has been honored with the Wealthies 2023 Thought Leader of the Year award and the InvestmentNews 2024 Women to Watch Excellence Award.
