Overview
- AssetMark announced the opening of AssetMark Global Wealth, a Global Capability Centre at H-10 By Phoenix Hitech City in Hyderabad, in a leased and fully built workplace.
- The centre is sized for about 500 employees and will house engineering, operations and product teams to support the company’s platform for financial advisors.
- Joshi Alaparthi was named Vice President and Head of India GCC to lead the Hyderabad operation and coordinate work with AssetMark colleagues in the United States.
- Hiring has begun across senior and early-career roles and includes an initial campus recruitment partnership with Chaitanya Bharathi Institute of Technology to hire 10–15 graduates.
- The move shifts AssetMark from nearly a decade of outsourcing in India to an in-house model focused on accelerating technology and planned AI projects to boost advisor productivity and client service.