Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019.
The bank can serve high net worth investors through RIA and other wealth management clients, such as Creative Planning, he said.Goldman Sachs & Co LLC is serving as financial adviser and Weil, Gotshal & Manages LLP is serving as legal counsel to Goldman Sachs.
Goldman is also pushing ahead with a sale of its fintech business, GreenSky and has also offloaded the bulk of its unsecured consumer loans after it halted this kind of lending last year.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs Sells Advisor Business to Creative PlanningThe sale comes as Goldman is in a bit of transformation.
Read more »
Goldman Sachs to sell wealth advisory unit to Creative Planning - Bloomberg News By ReutersGoldman Sachs to sell wealth advisory unit to Creative Planning - Bloomberg News
Read more »
3M, Goldman Sachs share gains lead Dow's nearly 300-point climbBehind positive gains for shares of 3M and Goldman Sachs, the Dow Jones Industrial Average is up Monday morning. Shares of 3M and Goldman Sachs are...
Read more »
Mysterious new California city backed by some of the biggest names in Silicon Valley: reportA former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Read more »
Mysterious new California city backed by some of the biggest names in Silicon Valley, report saysA former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Read more »
Lionel Messi sparks creative architectural design for Miami concept homeSoccer player Lionel Messi moving to Inter Miami CF has sparked creative designs for a house that he could reside in. Veliz Arquitecto created one called 'Messi Mansion in Miami.'
Read more »