Assetmark, Inc..

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.C., 11.D.,
11.E., 11.F. or 11.G. of Form ADV.
Regulatory Action
Check item(s) being responded to:
11.C(1)
11.C(2)
11.C(3)
11.C(4)
11.C(5)
11.D(1)
11.D(2)
11.D(3)
11.D(4)
11.D(5)
11.E(1)
11.E(2)
11.E(3)
11.E(4)
11.F.
11.G.
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page. 
One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the
same event. If an event gives rise to actions by more than one regulator, provide details for each action on a separate DRP.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item
11.D(4), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Regulatory Action initiated by:
SEC   
Other Federal   
State   
SRO
Foreign
(Full name of regulator, foreign financial regulatory authority, federal, state, or SRO) 
SECURITIES AND EXCHANGE COMMISSION
2.
Principal Sanction:
Civil and Administrative Penalt(ies) /Fine(s)

Other Sanctions: 
CEASE AND DESIST
3.
Date Initiated (MM/DD/YYYY): 
08/25/2016
 Exact
 Explanation
If not exact, provide explanation:
4.
Docket/Case Number:
ADMINISTRATIVE PROCEEDING FILE NO. 3-17504
5.
Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
N/A
6.
Principal Product Type:
Other
Other Product Types: 
SEPARATELY MANAGED ACCOUNTS
7.
Describe the allegations related to this regulatory action (your response must fit within the space provided):
ON AUGUST 25, 2016, THE SEC ISSUED AN ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS PURSUANT TO SECTION 203(K) OF THE
INVESTMENT ADVISERS ACT OF 1940. THE SEC ALLEGED THAT ASSETMARK VIOLATED SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-1(A)(5)
BY CIRCULATING MISLEADING PERFORMANCE ADVERTISEMENTS CREATED BY F-SQUARED INVESTMENTS, INC. TO PROSPECTIVE CLIENTS CONSIDERING
INVESTMENTS IN SEPARATELY MANAGED ACCOUNTS OFFERED BY ASSETMARK AND SUB-ADVISED BY F-SQUARED. THE SEC ALSO ALLEGED THAT
ASSETMARK VIOLATED SECTION 204(A) OF THE ADVISERS ACT AND RULE 204-2(A)(16) BY FAILING TO MAINTAIN REQUIRED RECORDS SUBSTANTIATING
THE ADVERTISED PERFORMANCE OF F-SQUARED.
8.
Current Status?      
 Pending
 On Appeal
 Final
9.
If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
N/A
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
10. How was matter resolved:
Settled
11. Resolution Date (MM/DD/YYYY):
08/25/2016
 Exact
 Explanation
If not exact, provide explanation:
12. Resolution Detail:
A.  Were any of the following Sanctions Ordered (check all appropriate items)?
 Monetary/Fine Amount: $ 500,000.00
 Revocation/Expulsion/Denial
 Disgorgement/Restitution
 Censure
 Cease and Desist/Injunction
 Bar
 Suspension
B.
Other Sanctions Ordered:
N/A
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived: 
WITHOUT ADMITTING OR DENYING THE FINDINGS IN THE ORDER, EXCEPT AS TO THE COMMISSION'S JURISDICTION OVER IT AND THE SUBJECT
MATTER OF THE PROCEEDINGS, ASSETMARK AGREED TO CONSENT TO (A) CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS
AND ANY FUTURE VIOLATIONS OF SECTIONS 204(A) AND 206(4) OF THE ADVISERS ACT AND RULES 204-2(A)(16) 17(A)(2) AND 206(4)-1(A)(5),
AND (B) PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $500,000. ASSETMARK PAID THE CIVIL MONEY PENALTY ON SEPTEMBER 2, 2016.
13. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response
must fit within the space provided).
THIS ACTION WAS PART OF AN ENFORCEMENT SWEEP INVOLVING INVESTMENT ADVISERS MISLED BY PERFORMANCE ADVERTISING CREATED BY F-
SQUARED INVESTMENTS, INC. ON AUGUST 25, 2016, THE SEC ANNOUNCED SETTLEMENTS WITH 13 INVESTMENT ADVISERS IN CONNECTION WITH THIS
INITIATIVE. THE ASSETMARK ORDER CONTAINED FINDINGS, WHICH ASSETMARK NEITHER ADMITTED NOR DENIED, THAT ASSETMARK VIOLATED SECTION
206(4) OF THE ADVISERS ACT AND RULE 206(4)-1(A)(5) BY ALLOWING ITS STAFF, FROM JULY 2012 THROUGH OCTOBER 2013, TO CIRCULATE TO

PROSPECTIVE CLIENTS WHO WERE CONSIDERING A SEPARATELY MANAGED ACCOUNT SERVICE OFFERED BY ASSETMARK AND SUB-ADVISED BY F-
SQUARED, PERFORMANCE ADVERTISEMENTS CREATED BY F-SQUARED RELATING TO A DIFFERENT SEPARATELY MANAGED ACCOUNT SERVICE NOT
OFFERED BY ASSETMARK AND THAT MISLEADINGLY DESCRIBED THAT DIFFERENT SERVICE'S PERFORMANCE BETWEEN 2001 AND 2008, AND THAT
ASSETMARK VIOLATED SECTION 204(A) OF THE ADVISERS ACT AND RULE 204-2(A)(16) BY FAILING TO MAINTAIN RECORDS SUBSTANTIATING THE
PERFORMANCE IN THE ADVERTISEMENTS CREATED BY F-SQUARED. ASSETMARK AGREED TO CONSENT TO: (A) CEASE AND DESIST FROM COMMITTING
OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTIONS 204(A) AND 206(4) OF THE ADVISERS ACT AND RULES 204-2(A)(16) 17(A)
(2) AND 206(4)-1(A)(5), AND (B) PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $500,000.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.C., 11.D.,
11.E., 11.F. or 11.G. of Form ADV.
Regulatory Action
Check item(s) being responded to:
11.C(1)
11.C(2)
11.C(3)
11.C(4)
11.C(5)
11.D(1)
11.D(2)
11.D(3)
11.D(4)
11.D(5)
11.E(1)
11.E(2)
11.E(3)
11.E(4)
11.F.
11.G.
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page. 
One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the
same event. If an event gives rise to actions by more than one regulator, provide details for each action on a separate DRP.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item
11.D(4), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Regulatory Action initiated by:
SEC   
Other Federal   
State   
SRO
Foreign
(Full name of regulator, foreign financial regulatory authority, federal, state, or SRO) 
SECURITIES AND EXCHANGE COMMISSION
2.
Principal Sanction:
Civil and Administrative Penalt(ies) /Fine(s)

Other Sanctions: 
DISGORGEMENT
3.
Date Initiated (MM/DD/YYYY): 
09/26/2023
 Exact
 Explanation
If not exact, provide explanation:
4.
Docket/Case Number:
ADMINISTRATIVE PROCEEDING FILE NO. 3-21724
5.
Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
N/A
6.
Principal Product Type:
Other
Other Product Types: 
SEPARATELY MANAGED ACCOUNTS
7.
Describe the allegations related to this regulatory action (your response must fit within the space provided):
THE SEC ISSUED AN ORDER INSTITUTING ADMINISTRATIVE CEASE-AND-DESIST PROCEEDINGS AGAINST ASSETMARK ON 09/26/2023 (THE "ORDER").
THE SEC ALLEGED THAT, FROM AT LEAST SEPTEMBER 2016 THROUGH JANUARY 2021, ASSETMARK FAILED TO FULLY DISCLOSE THAT ASSETMARK AND
ASSETMARK'S AFFILIATE ASSETMARK TRUST COMPANY ("ATC") TOGETHER SET THE AMOUNT OF THE PAYMENT THAT ATC WOULD RETAIN AS
COMPENSATION FROM THE PAYMENT RECEIVED BY THE BANKS THAT PARTICIPATED IN THE FDIC-INSURED CASH DEPOSIT PROGRAM ("IDC PROGRAM")
(THE "ICD PROGRAM FEE"), WHICH, IN TURN, DETERMINED THE AMOUNT THAT WOULD BE DISTRIBUTED AS INTEREST BY THE BANKS TO CLIENTS. THE
SEC ALLEGED THAT ASSETMARK HAD FAILED TO FULLY DISCLOSE THE ASSOCIATED CONFLICTS OF INTEREST RELATED TO ITS ROLE IN SETTING THE
ICD PROGRAM FEE. THE SEC ALSO ALLEGED THAT ASSETMARK, FROM AT LEAST JANUARY 2016 THROUGH AUGUST 2019, DID NOT FULLY DISCLOSE THE
ASSOCIATED CONFLICTS OF INTEREST RELATED TO ASSETMARK'S RECEIPT OF CUSTODIAL SUPPORT PAYMENTS FROM CERTAIN NO-TRANSACTION FEE
("NTF") MUTUAL FUNDS. THESE FAILURES CONSTITUTED BREACHES OF ASSETMARK'S FIDUCIARY DUTY TO ADVISORY CLIENTS. THE SEC ALLEGED THAT
ASSETMARK VIOLATED SECTION 206(2) AND 206(4) OF THE ADVISORS ACT AND RULE 206(4)-7 PROMULGATED THEREUNDER. ASSETMARK CONSENTED
TO THE ORDER WITHOUT ADMITTING OR DENYING THE SEC'S FINDINGS (EXCEPT AS TO JURISDICTION AND THE SUBJECT MATTER OF THE ACTION,
WHICH WAS ADMITTED).
8.
Current Status?      
 Pending
 On Appeal
 Final
9.
If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
N/A
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
10. How was matter resolved:
Settled
11. Resolution Date (MM/DD/YYYY):
09/26/2023
 Exact
 Explanation
If not exact, provide explanation:
12. Resolution Detail:
A.  Were any of the following Sanctions Ordered (check all appropriate items)?
 Monetary/Fine Amount: $ 9,500,000.00
 Revocation/Expulsion/Denial
 Disgorgement/Restitution
 Censure
 Cease and Desist/Injunction
 Bar
 Suspension
B.
Other Sanctions Ordered:
N/A
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived: 
THE SEC, AMONG OTHER THINGS, CENSURED ASSETMARK AND ORDERED ASSETMARK TO: CEASE-AND-DESIST FROM ANY FUTURE VIOLATIONS OF
SECTIONS 203(E) AND 203(K) OF THE ADVISERS ACT OF 1940; PAY A $9,500,000.00 CIVIL MONETARY FINE; PAY $ 6,779,138.34 IN
DISGORGEMENT AND $2,047,571.23 IN PREJUDGMENT INTEREST TO ASSETMARK INVESTORS AFFECTED BY THE CONDUCT DESCRIBED IN THE
ORDER, DESCRIBED IN RESPONSE TO QUESTION 7 ABOVE.
13. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response

must fit within the space provided).
ASSETMARK CONSENTED TO THE ORDER WITHOUT ADMITTING OR DENYING THE SEC'S FINDINGS (EXCEPT AS TO JURISDICTION AND THE SUBJECT
MATTER OF THE ACTION, WHICH WAS ADMITTED). THE SEC'S FINDINGS ARE SUMMARIZED IN RESPONSE TO QUESTION 7 ABOVE. IN ACCORDANCE
WITH THE SEC'S ORDER, ASSETMARK WILL PAY DISGORGEMENT AND A CIVIL PENALTY AS SUMMARIZED ABOVE.