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Market Chatter: Goldman Sachs to Sell Automated-Investing for the Masses Business to Betterment
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Market Chatter: Goldman Sachs to Sell Automated-Investing for the Masses Business to Betterment
Apr 22, 2024 9:31 AM

12:07 PM EDT, 04/22/2024 (MT Newswires) -- Goldman Sachs Group ( GS ) has struck an agreement to transfer clients and their assets from Marcus Invest to Betterment, a digital investment-advisory firm, Bloomberg reported Monday.

The transfer is expected to close by the end of this quarter, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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