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Model Portfolios Can Help Financial Advisors Enhance Their Businesses April 14, 2021 Financial advisors seeking to enhance their business practices can consider outsourcing components of asset management through model portfolios. In the recent webcast, Decision Made: Why to Outsource Your Asset Management, Gracie Hynes, Vice President, Goldman Sachs Asset Management, argued that financial advisors can more efficiently manage their time and business practices through third party model portfolio strategies. Advisors are already spending nearly 1,000 hours per year on asset management activit...

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Goldman Sachs Goldman Sachs launched its robo-advisor, called Marcus Invest, to the public on Tuesday. It's launching into a crowded space, competing with startup and bank-owned robo-advisors. Sonali Divilek and Andrea Finan, executives overseeing the roll-out, laid out the product's plans. Goldman Sachs is finally launching its do-it-yourself wealth management offering to the public, marking a milestone in the elite firm's quest to appeal to Main Street.  The bank rolled out Marcus Invest, its automated investment tool with a $1,000 account minimum, on Tuesday ...