Goldman Sachs (GS) Is Closing Down Marcus Invest After Betterment Deal
by Bloomberg.com
Bloomberg.com— Goldman Sachs Group Inc. is closing down its automated-investing business for the masses after clinching a deal with Betterment.
MarketWatch—Betterment to Buy Marcus Invest's Digital Investing Accounts From Goldman Sachs. By Josh Beckerman Robo-adviser Betterment agreed to buy Marcus Invest's digital investing accounts from Goldman Sachs, which will continue to focus on its
PYMNTS.com—Goldman Sachs to Sell Marcus Invest Accounts to Betterment. Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option to opt out of this transfer. Those who are transferred […]
The Cerbat Gem—Cannell & Co. Decreases Position in The Goldman Sachs Group, Inc. (NYSE:GS). Cannell & Co. lessened its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 7.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 146,455 shares of the investment management company’s stock after selling 12,414 shares during the period. The Goldman […]