Comment on Goldman Sachs’ Marcus Platform Is Ready to Take the Next Step

Goldman Sachs’ Marcus Platform Is Ready to Take the Next Step

Goldman Sachs' (NYSE: GS) investment management division has always focused on the rich. The average wealth management client in the division has about $50 million under management, and the bank typically has looked for a $10 million minimum for new clients.All of that is about to change. Goldman's rapidly growing Marcus platform, which currently offers personal loan and deposit products, is planning to expand into investment management for everyday Americans -- not just for the wealthy.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News