By Ross Snel | March 1, 2021
AssetMark is acquiring Voyant in a deal that will bolster the financial planning services AssetMark can offer to financial advisors who use its technology platform. The transaction will also allow AssetMark to apply its resources to growing Voyant’s U.S. customer base.
Publicly traded AssetMark will pay a total of $145 million for Voyant, which is privately held. The payment will consist of $120 million in cash and $25 million in AssetMark shares, and the deal is expected to close in the middle of this year.
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