Goldman Sachs' future hinges on a low-profile, high-growth business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Goldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.

Goldman, which put former trading co-head

That runs the gamut from the least risky, plain-vanilla holdings like money market funds, to fixed-income products like corporate bonds funds, stock ETFs and mutual funds, and finally to alternative assets including private equity, private credit , real estate and hedge funds. The industry has coalesced around a model where financial advisors charge fees, often 1% to 2% of a typical client's assets annually, to manage investments. They also can earn fees for loans or other products geared towards the wealthy.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes