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Genworth Forms Asset-Management Unit

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Genworth Financial Inc. has merged 2 asset-management units.

Genworth, Richmond, Va., has combined AssetMark Investment Services Inc. and Genworth Financial Asset Management to form Genworth Financial Wealth Management Inc.

The new, combined unit will help financial advisors manage investments, client relationships and professional practices, Genworth says.

Genworth acquired AssetMark in October 2006.