AssetMark Launches Global Capability Centre in Hyderabad to Drive Wealth Management Technology and Operations

AssetMark, a leading US-based wealth management platform serving over 10,000 financial advisors and managing over $180 billion in assets, today announced the opening of AssetMark Global Wealth, its Global Capability Centre (GCC) in Hyderabad. Transitioning from a decade-long outsourcing model to an in-house structure, the company has leased and fully built out a state-of-the-art workplace at H-10 By Phoenix Hitech City. The new facility is equipped to house approximately 500 employees, designed to foster collaboration, innovation, and professional development across global tech and business operations.

Focus on AI, Technology, and Global Operations:
Led locally by Joshi Alaparthi, Vice President and Head of India GCC, the Hyderabad team will work closely with US-based teams to drive technology and engineering initiatives across AssetMark’s wealth management ecosystem. The center will focus on leveraging artificial intelligence (AI) to boost advisor productivity, enhance client service, and scale engineering capabilities, while keeping human judgment at the center of decision-making.

Talent Acquisition and University Partnerships:
AssetMark has initiated hiring across various levels spanning global team leaders, experienced professionals, and early-career talent with roles across technology, operations, and product management. As part of its campus recruitment initiative, AssetMark has partnered with Chaitanya Bharathi Institute of Technology (CBIT) to welcome 10–15 graduates as its inaugural campus cohort, with plans to expand university outreach to additional institutions over time.

Leadership Perspectives:
Lou Maiuri, Chairman and Group CEO, AssetMark: “Hyderabad’s strong ecosystem of technology and financial services expertise makes it an ideal location for AssetMark to expand our global capabilities and support our next phase of growth. By connecting colleagues across regions and time zones, we can collaborate more seamlessly, accelerate innovation and further strengthen the value and support we deliver to financial advisors and their clients.”

Carrie Hansen, Chief Operating Officer, AssetMark: “Our expansion into Hyderabad is an important step in strengthening the exceptional service we provide to financial advisors and their clients. By bringing our Operations and Technology teams together, we are creating an environment where people can collaborate more closely, innovate faster and continuously improve both our technology and the way we deliver our services.”