Business EconomyPosted at: Oct 27 2026 6:04PM


US wealth management firm AssetMark opens GCC in Hyderabad

Hyderabad, Oct 27 (UNI) US-based wealth management platform AssetMark on Tuesday announced opening of its Global Capability Centre (GCC) in Hyderabad, with a capacity to accommodate around 500 employees, to strengthen its global technology and business operations.
The centre, named AssetMark Global Wealth, marks the next phase of the company's operations in India after nearly a decade of working through an outsourcing model, the company said in a release.
The new facility will bring a dedicated team in-house to support its global operations and expand its technology and engineering capabilities.
The centre will work closely with teams in the United States on technology, engineering, operations and product management initiatives.
The Hyderabad team will also focus on using artificial intelligence to improve financial advisors' productivity, enhance client services and scale engineering operations, while retaining human judgement in decision-making.
Lou Maiuri, Chairman and Group Chief Executive Officer of AssetMark, said Hyderabad's technology and financial services ecosystem made it a suitable location for expanding the company's global capabilities.
Carrie Hansen, Chief Operating Officer of AssetMark, said bringing operations and technology teams together would improve collaboration, accelerate innovation and strengthen services for financial advisors and their clients.
The company, which is in its 30th year, provides financial advisors with planning tools, investment solutions and operational support to help them grow their businesses and serve clients.
Hiring is under way for positions ranging from global leadership roles to experienced professionals and entry-level candidates across technology, operations and product management.
As part of its recruitment programme, AssetMark will partner with Chaitanya Bharathi Institute of Technology (CBIT) to recruit 10-15 graduates for its first batch of campus hires.
The programme is expected to expand to other educational institutions and disciplines over time.
The company said the Hyderabad centre would support its global operations while creating employment opportunities and developing local talent.
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