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.

Topics:  goldman sachs nyse   gs    marcus   americans   source   images   goldman sachs   management   division   investment   million   
BING NEWS:
  • Goldman sells Marcus Invest accounts to Betterment
    When accounts transition in June, Goldman's three-year robo-advisory experiment will end, and the bank will shed another piece of its once-nascent consumer-banking business.
    04/23/2024 - 6:09 am | View Link
  • Goldman Sachs offloads Marcus robo-advisor customers to Betterment
    Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing accounts to Betterment.
    04/23/2024 - 2:20 am | View Link
  • Marcus by Goldman Sachs CD rates April 2024
    Please view our full advertiser disclosure policy. Marcus by Goldman Sachs offers high-yield certificates of deposit (CDs) that are competitive with some of the top CDs on the market. You have a ...
    04/18/2024 - 1:00 pm | View Link
  • Marcus by Goldman Sachs Bank Review: Savings and CDs
    4-year CD: 4.05% APY. 5-year CD: 4.00% APY. 6-year CD: 3.90% APY. As an online bank, Marcus by Goldman Sachs doesn’t have a branch network, so your options for accessing your accounts are online ...
    04/10/2024 - 1:00 pm | View Link
  • Marcus by Goldman Sachs CD Rates for April 2024
    Marcus by Goldman Sachs’ certificates of deposit offer some ... money market account or no-penalty CD with a high rate. When you’re ready to open a CD with Marcus, you can do so online.
    04/2/2024 - 12:59 pm | View Link
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