Goldman Sachs primed to launch new robo-adviser Marcus Invest
The wealth manager will become one of the last major institutions to offer digital advice with the launch slated for Q1
December 22, 2020
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Goldman Sachs Inc. is testing its digital advice platform with employees ahead of a public rollout slated for the first quarter of 2021, according to a company memo reviewed by
InvestmentNews.
The robo-adviser, called Marcus Invest, is designed to manage portfolios of exchange-traded funds based on models designed by Goldman Sachs Investment Strategy Group, and featuring Goldman Sachs Asset Management’s ActiveBeta and Access ETFs in select portfolios, according to the memo.