Goldman Sachs Group Inc. plans to hire a software developer to help open an automated investing service for mass-market wealth clients.
The bank is advertising for a software developer to help create a platform that can be used to give customers "detailed information on their financial portfolio & analytics," according to a job posting on the New York-based firm's website.
The business would "cover mass affluent market by building an Automated Digital Advice Platform (Robo Advisor)," according to the listing.
Reuters reported the new service earlier Monday. Andrew Williams, a bank spokesman, declined to comment.
