May 31, 2019 / 1:09 PM / a month ago

CORRECTED-Goldman Sachs building digital wealth management tool- executive

(Corrects quote to reflect Waldron said Marcus, not markets)

NEW YORK, May 31 (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 Marcus 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 Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below