Please provide more detail on the AssetMark transaction announced in June 2024

August 26, 2024

On June 20th, 2024, we announced that we had intend to enter a strategic alliance with AssetMark. At the time, we provided an Investor FAQ with the June 20th press release. We received additional questions following the announcement and updated the Investor FAQ in response, which was also provided in an 8-K filing dated July 25, 2024. Beyond this, we are not disclosing further details related to the transaction, including the exact anticipated impact on operating expense or operating income from the transaction.

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