AssetMark Trust Company Data Breach – Investigated by Federman & Sherwood
May 12, 2026 – Federman & Sherwood, a national consumer protection law firm, is investigating the AssetMark Trust Company data breach, a cybersecurity incident involving unauthorized access to sensitive personal information that was reported to the Attorney General of Texas.
According to the filing, approximately 359 Texas residents were affected by the AssetMark Trust Company data breach. The information potentially exposed includes individuals’ names and Social Security numbers.
Data breaches involving Social Security numbers are especially concerning because they may significantly increase the risk of identity theft, fraudulent financial activity, and misuse of personal information.
Federman & Sherwood is actively investigating whether AssetMark Trust Company implemented reasonable cybersecurity safeguards and whether this data security incident could have been prevented. The firm is also evaluating potential legal claims on behalf of individuals affected by the AssetMark Trust Company data breach.
The company reported that notice was provided to affected individuals via U.S. Mail on or about May 8, 2026.
Consumers who received a notice regarding the AssetMark Trust Company data breach or who believe their personal information may have been compromised are encouraged to monitor their financial accounts and credit reports for suspicious activity.
The potentially impacted information may include:
- Name
- Social Security number
- Other sensitive information
What is AssetMark Trust Company?
AssetMark Trust Company, a subsidiary of AssetMark, Inc., acts as a qualified custodian for financial advisor assets, providing safekeeping, administrative services, and trust services.
Individuals affected by the AssetMark Trust Company data breach may have legal rights and are encouraged to contact Federman & Sherwood to learn more about their options.
Contact Information
Phone: 1-800-237-1277 | Email: info@federmanlaw.com