Welcome to AssetMark's 2021 Annual Shareholders Meeting. I would now like to introduce the first presenter, Natalie Wolfsen, CEO of AssetMark. Good afternoon, welcome to our annual shareholders meeting. This is Natalie Wolfsen, CEO of AssetMark Financial Holdings, Inc. I'm so pleased to have you join today's webcast. To begin, I'd like to start by thanking our over 8,400 advisors, all of their clients, and I also want to thank our shareholders, the AssetMark leadership team, all of our employees, and our board of directors, many of whom have joined us today. Now I have the pleasure of introducing Ted Angus, our general counsel, who will conduct the official portion of this meeting. Thank you, Natalie Wolfsen, and welcome everyone. We're excited to be hosting a virtual meeting, which allows us to be more inclusive and reach a greater number of our shareholders. We have shareholders attending via the web portal. We will conduct the business portion of our meeting first and answer questions at the end of the meeting. It is now shortly after 1:00 P.M. Pacific Standard Time on June 7th, and this meeting is officially called to order. Now I would like to introduce our board of directors. Ms. Natalie Wolfsen has served as our Chief Executive Officer and member of the board since 2021. Natalie has been at AssetMark for seven years and was previously our Chief Solutions Officer. Ms. Xiaoning Jiao has served as a member of our board of directors since 2020, and as Chairperson of our board of directors since April of 2020. Ms. Jiao currently serves as the chief financial officer of our majority owner, HTSC, a position she has held since March 2020. Mr. Rohit Bhagat has served as an independent director since 2017. Mr. Bhagat was a senior partner at the Boston Consulting Group from 1992 to 2005, global chief operating officer of Barclays 2002 to 2005, global chief operating officer of Barclays Global Investors from 2005 to 2009, and chairman, Asia Pacific of BlackRock, Inc. from 2009 to 2012. Mr. Bryan Lin has served on our board of directors since 2019. Mr. Lin is currently the CEO of Huatai Securities U.S.A., Inc., a wholly-owned U.S.-based indirect subsidiary of HTSC, a position that he has held since March 2018. Mr. Lei Wang has served on our board of directors since 2020. Mr. Wang currently serves as the Chief Executive Officer and Director of Huatai Financial Holdings (Hong Kong) Limited, a subsidiary of HTSC. Mr. Yi Zhou has served as a member of our Board of Directors since 2016. Mr. Zhou has been the Executive Director and President of HTSC since 2007, Chairman of the Board and President of HTSC from 2016 to 2019, and the Chief Executive Officer, Chairman of the Executive Committee, and Executive Director of HTSC since October of 2019. Lastly, Ms. Ying Sun, Ms. Patricia Guinn, and Mr. Joseph Velli, who are all up for re-election to the Board today. Ms. Ying Sun has served as a member of our Board of Directors since 2016 and currently chairs our Compensation Committee. Ms. Sun currently serves as the Managing Director and Head of Corporate Development of our parent company, HTSC, a position she has held since December of 2014. Ms. Patricia Guinn has served as an independent member of our board of directors since 2019 and currently chairs our audit committee. From 1976 to 2019, Ms. Guinn held various positions at Willis Towers Watson, a global advisory, brokerage, and solutions company, including chief risk officer from 2017 to 2019. Mr. Joseph Velli has served as an independent member of our board since 2020. Mr. Velli served as senior executive vice president of The Bank of New York Mellon from 1984 to 2006 as a member of The Bank of New York Mellon Senior Policy Committee. We are also joined here today by KPMG, our independent auditors. They will be available during the question and answer session after the meeting to respond to appropriate questions. Finally, the company has appointed Broadridge Financial Solutions to act as inspector of elections. Ms. Kathy Weeden from Broadridge is with us today and has taken the inspector's oath. After the formal meeting has been adjourned, we will provide time for general questions. Only validated shareholders may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to one question. Please note that this meeting is being recorded. Now I will present the matters to be voted upon. Proposal one is the election of directors. The company has nominated Ms. Ying Sun, Ms. Patricia Guinn, and Mr. Joseph Velli to the board of directors to serve as class two directors, each for a term of three years, expiring at the 2024 annual meeting of stockholders and until their successors are elected and qualified. Proposal two is to ratify the selection by the audit committee of the board of directors of KPMG LLP as AssetMark's independent registered public accounting firm for the fiscal year ending December 31, 2021. It is now 1:05 P.M. Pacific Time on June 7th, 2021. The polls are now open. Any shareholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Shareholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. I will now pause for a few seconds to allow for voting. Now that everyone has had the opportunity to vote, I declare the polls for the 2021 annual shareholders meeting closed at 1:06 P.M. Pacific Time on June 7th, 2021. I have received the preliminary tabulation from Broadridge, and based on that tabulation, I'm pleased to report that all the director nominees were elected and proposal two was also approved. The final voting results of today's meeting will be reported on a Form 8-K filed within four business days of this meeting. That concludes the formal business, and I now declare the meeting adjourned. We will open the meeting for a Q&A session. Thank you, Ted. There are no questions in the queue at this time.
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