US wealthtech firm AssetMark opens GCC in Hyderabad

U.S. wealthtech firm AssetMark has opened its global capability centre (GCC) in Hyderabad, India, marking a significant step in the company's expansion. AssetMark Global Wealth, the GCC, will accommodate approximately 500 employees and enhance the firm's global technology and business operations. The establishment of this GCC is part of AssetMark's long-term commitment to India, as it brings a dedicated in-house team to manage operations in the country.

The firm is currently hiring across various levels, from senior leaders overseeing teams in India and the U.S. to experienced professionals and fresh graduates. Roles within the GCC cover areas such as technology, operations, and product management. AssetMark's CEO, Lou Maiuri, expressed his excitement about the new location, stating that Hyderabad's thriving tech and financial services ecosystem makes it an ideal place to expand the company's global capabilities and support its growth.