Two advisors had been managing $1.7 billion in client assets, according to an announcement from UBS.
U.S. equity positioning looks “extremely” stretched after the recent rally to an all-time high, which increases the risk of a modest pullback in the next month, according to Goldman Sachs Group Inc.
Goldman Sachs Group Inc. is weighing plans for a new Florida hub to house one of its key divisions, in another potential blow to New York’s stature as the de facto home of the U.S. financial industry.
Goldman Sachs Group Inc. named John Mallory and Meena Flynn as co-heads of global private wealth management, a business that’s key to the bank’s aim to diversify revenue streams beyond its core strengths of dealmaking and trading.
The executive who helped guide Goldman Sachs Group Inc.’s embrace of Main Street is giving up his post in a management shuffle at the consumer unit.
UBS turns the head of a Goldman veteran who said no to Morgan Stanley three years ago and of a Merrill Lynch up-and-comer in St. Louis.
Father-son team in New Jersey producing $3.5 million go RIA with Dynasty and Texas group with $1.75 million join Wells, but wirehouse lands $4 million Goldman broker in Philly
Morgan Stanley’s capital strength is attracting wealth management clients, and advisors, says CEO James Gorman.
Market appreciation and assets from Goldman’s 2019 purchase of United Capital boosted wealth revenue from a year ago, but it was off 9% from first quarter on Covid effects.