Goldman Ditches Robo-Investing in Sale to Betterment

News April 22, 2024 at 03:49 PM
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What You Need To Know

  • The bank had hoped that Marcus Invest would bring it new clients with balances as low as $1,000.
  • But it never really gained much traction.
  • The Betterment deal will free up resources for it to grow its business with high-net-worth clients.
Goldman Sachs building