AssetMark

California
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Caution
Medium Risk

AssetMark, which is a financial services company, does not publish a nondiscrimination policy but has not publicly terminated business relationships based on views or beliefs. The company integrates ESG into all of its business practices and requires all employees complete compliance training. AssetMark partners with One-n-Ten, which provides LGBTQ youth health services. However, the company does not appear to discriminate against religious organizations in its charitable giving. For these reasons, AssetMark receives a Medium Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

AssetMark integrates ESG into all of its business practices. The company stated, “We integrate ESG considerations and responsible
business practices into our investment analysis and proprietary solutions to support the financial decision-making of advisors and their clients. (1)(2). The company has not publicly fired customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

AssetMark does not appear to discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

AssetMark does not publish a nondiscrimination policy.

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

AssetMark requires all employees complete compliance training (1). The company supports ESG within its business practices. AssetMark stated, “Our teams integrate ESG and Values-Driven Investing Strategies within our investment solutions primarily in
two ways – selection of ESG strategies from independent
investment management firms and through proprietary
portfolio construction for values-based solutions.” (2).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

AssetMark partners with One-n-Ten, which provides programming regarding life-changing medical and hormonal treatments to potentially underage youths, among many other health services (1)(2).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

AssetMark does not operate a PAC at this time (1).

All links were last accessed and all information was updated on:
September 26, 2023

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