May 16, 2019 / 1:05 PM / 2 months ago

Goldman Sachs to buy United Capital for $750 mln

May 16 (Reuters) - Goldman Sachs Group Inc said on Thursday it would buy boutique wealth management firm United Capital Financial Partners Inc for $750 million in cash, its biggest deal since the financial crisis.

United Capital is an investment adviser with $25 billion of assets under management and serves 22,000 clients in over 90 offices across the United States. (Reporting by Bharath Manjesh in Bengaluru Editing by Saumyadeb Chakrabarty)

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