Fiscal year 2023 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses AMK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AMK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael Kim | $513,942 | $43,312 | $1,547,572 | $2,324,921 | $925,000 | $0 | $20,160 | $5,374,907 |
| Chief Executive Officer and President and Former Chief Client Officer | ||||||||
| Natalie Wolfsen | 465,300 | 57,750 | 808,919 | 3,432,022 | 0 | 0 | 22,087 | 4,786,078 |
| Former Chief Executive Officer | ||||||||
| Gary Zyla | 450,000 | 22,687 | 459,257 | 974,246 | 575,000 | 0 | 22,160 | 2,503,350 |
| Chief Financial Officer | ||||||||
| Carrie Hansen | 450,000 | 22,687 | 1,148,128 | 0 | 540,000 | 0 | 22,160 | 2,182,975 |
| Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Michael Kim | $5,374,907 | — | — | — |
| Natalie Wolfsen | 4,786,078 | — | — | — |
| Gary Zyla | 2,503,350 | — | — | — |
| Carrie Hansen | 2,182,975 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Natalie Wolfsen | OTHER | — | — | — | — | — | $808,919 |
| Carrie Hansen | OTHER | — | — | — | — | — | 1,148,128 |
| Michael Kim | OTHER | — | — | — | — | — | 1,547,572 |
| Gary Zyla | OTHER | — | — | — | — | — | 459,257 |
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Michael Kim | RSU | 42,302 | — | $1,266,945 |
| Michael Kim | RSU | 9,706 | — | 290,695 |
| Gary Zyla | Option | 62,028 | 20.72 | — |
| Gary Zyla | RSU | 8,541 | — | 255,803 |
| Gary Zyla | Option | 36,587 | 25.61 | — |
| Carrie Hansen | Option | 20,095 | 28.48 | — |
| Carrie Hansen | RSU | 14,474 | — | 433,496 |
| Gary Zyla | RSU | 14,474 | — | 433,496 |
| Carrie Hansen | RSU | 2,345 | — | 70,233 |
| Natalie Wolfsen | RSU | 1,030,037 | — | 30,849,614 |
| Carrie Hansen | Option | 36,587 | 25.61 | — |
| Carrie Hansen | RSU | 37,892 | — | 1,134,865 |
| Michael Kim | RSU | 22,567 | — | 675,882 |
| Michael Kim | RSU | 17,270 | — | 517,237 |
| Michael Kim | RSU | 2,581 | — | 77,301 |
| Michael Kim | Option | 22,106 | 28.48 | — |
| Michael Kim | Option | 83,150 | 25.61 | — |
| Michael Kim | Option | 117,057 | 30.3 | — |
| Gary Zyla | Option | 15,905 | 30.3 | — |
| Gary Zyla | Option | 49,052 | 30.3 | — |
| Natalie Wolfsen | RSU | 894,411 | — | 26,787,615 |
| Natalie Wolfsen | RSU | 109,889 | — | 3,291,176 |
| Michael Kim | RSU | 18,085 | — | 541,646 |
| Gary Zyla | RSU | 15,157 | — | 453,952 |
| Carrie Hansen | RSU | 8,541 | — | 255,803 |
| Carrie Hansen | Option | 62,028 | 20.72 | — |
| Gary Zyla | RSU | 2,345 | — | 70,233 |
| Gary Zyla | Option | 20,095 | 28.48 | — |
| Michael Kim | Option | 148,020 | 20.72 | — |
| Michael Kim | Option | 37,955 | 30.3 | — |
We currently maintain a Variable Incentive Compensation Program that rewards our executive officers for our performance against business goals, and each executive officer for performance against his or her individual goals.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Patricia GuinnIndependent · Audit and Risk (Chair) · Compensation | $102,500 | $135,683 | — | $0 | $0 | $238,183 |
| Rohit BhagatIndependent · Audit and Risk · Nominating, Governance and Compliance (Chair) | 100,000 | 135,683 | — | 0 | 0 | 235,683 |
| Joseph VelliIndependent · Audit and Risk | 87,500 | 135,683 | — | 0 | 0 | 223,183 |
| Xiaoning JiaoNot independent · Board Chair | 0 | 0 | — | 0 | 0 | 0 |
| Ying SunIndependent · Compensation (Chair) · Nominating, Governance and Compliance | 0 | 0 | — | 0 | 0 | 0 |
| Bryan LinIndependent · Compensation · Nominating, Governance and Compliance | 0 | 0 | — | 0 | 0 | 0 |
| Lei WangNot independent | 0 | 0 | — | 0 | 0 | 0 |
| Yi ZhouNot independent | 0 | 0 | — | 0 | 0 | 0 |
| Michael KimEmployee director · Newly elected | 0 | 0 | — | — | 0 | 0 |
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 12,500 |
| Stock ownership guideline | — |
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $290,000 |
| Equity awards (grant-date value) | $407,049 |
| All other compensation | $0 |
| Total cost of the board | $697,049 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | AssetMark Financial Holdings | 2023 | Michael Kim | $513,942 | $1,547,572 | $2,324,921 | $925,000 | $5,374,907 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Michael Kim | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Summary Compensation Table” · page 30. As printed: 5,374,907. Filing ↗machine: r2 · c24 · span 357663–357672 |
| 2 | Section 01, Natalie Wolfsen | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Summary Compensation Table” · page 30. As printed: 4,786,078. Filing ↗machine: r8 · c24 · span 370864–370873 |
| 3 | Section 01, Gary Zyla | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Summary Compensation Table” · page 30. As printed: 2,503,350. Filing ↗machine: r4 · c24 · span 361880–361889 |
| 4 | Section 01, Carrie Hansen | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Summary Compensation Table” · page 30. As printed: 2,182,975. Filing ↗machine: r6 · c24 · span 366229–366238 |
| 5 | Section 03, Natalie Wolfsen OTHER | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t28 · r8 · c4 · span 369827–369834 |
| 6 | Section 03, Carrie Hansen OTHER | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t28 · r6 · c4 · span 365192–365201 |
| 7 | Section 03, Michael Kim OTHER | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t28 · r2 · c4 · span 356740–356749 |
| 8 | Section 03, Gary Zyla OTHER | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t28 · r4 · c4 · span 360945–360952 |
| 9 | Section 08, Patricia Guinn | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 238,183. Filing ↗machine: t30 · r4 · c3 · span 488136–488143 |
| 10 | Section 08, Rohit Bhagat | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 235,683. Filing ↗machine: t30 · r3 · c3 · span 487189–487196 |
| 11 | Section 08, Joseph Velli | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 223,183. Filing ↗machine: t30 · r7 · c3 · span 490945–490952 |
| 12 | Section 08, Xiaoning Jiao | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t30 · r2 · c3 · span 485989–485990 |
| 13 | Section 08, Ying Sun | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t30 · r6 · c3 · span 489928–489929 |
| 14 | Section 08, Bryan Lin | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t30 · r5 · c3 · span 488996–488997 |
| 15 | Section 08, Lei Wang | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t30 · r8 · c3 · span 491804–491805 |
| 16 | Section 08, Yi Zhou | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗machine: t30 · r9 · c3 · span 492863–492864 |
| 17 | Section 08, Michael Kim | DEF 14A | 2024-04-09 | 0001591587-24-000011 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 09b board cost (computed) | Computed | — | computed | Cash 290,000 + equity 407,049 + all other 0 = 697,049, summed across the director compensation table rows.machine: formula: Σ = 697,049 |
| 19 | AssetMark Financial Holdings (subject), Section 10b CEO total | DEF 14A | 2024-04-09 | 0001591587-24-000011 | CEO total compensation as printed in AssetMark Financial Holdings's own proxy. As printed: 5,374,907. Filing ↗machine: r2 · c24 · span 357663–357672 |