Earnings
Earnings
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When the world’s wealthy look for a bank to entrust with their personal fortunes, Goldman Sachs isn’t necessarily on their speed dial.
January 16 -
The firm typically trains its own advisors in lieu of recruiting talent from the competition.
January 16 -
The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.
January 15 -
Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter.
January 15 -
The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.
January 14 -
The firm hasn’t made any decisions about advisor retention bonuses, but some top shareholders will earn tens of millions of dollars once the deal closes.
November 19 -
The Reverence Capital Partners-backed network would expand into nine subsidiary brands with 11,500 advisors under the deal, taking the selling firm private.
November 11 -
Fresh off rebranding its wealth management business to Avantax, the firm aims to support its smaller but more productive force.
November 7 -
The wealth management unit took in lower revenue from the year-ago period — but executives say its transformation is going according to plan.
November 4 -
The network of five IBDs with 4,400 advisors hasn’t made a final decision, according to Bloomberg News.
October 30