Goldman Sachs building digital wealth management tool - executive

FILE PHOTO: The Goldman Sachs headquarters building in the Manhattan borough of New York City, New York, U.S., December 19, 2018. REUTERS/Carlo Allegri - Copyright Carlo Allegri(Reuters)

By Reuters

Published on 31/05/2019 - 15:34•Updated 09/12/2019 - 11:07

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NEWYORK (Reuters) – Goldman Sachs Group Inc Chief Operating Officer John Waldron said on Friday that the bank is building a digital wealth management tool to try to gain more Main Street clients.

“We are developing a digitally empowered mass affluent capability, that will leverage our markets platform and customer base,” said Waldron, speaking at a bank conference in New York. “We envision an advisor-led and digitally empowered offering tailored to clients across the spectrum of wealth.”

He did not give a timeline for the roll out of the product.

(Reporting By Elizabeth Dilts)

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