LOGIN
Subscribe

Goldman Sachs acquires United Capital

Joe Duran

After a personal payday of $75 million or more, CEO Joe Duran plans to join Goldman in a senior position.

Goldman Sachs' acquisition of United Capital for $750 million in cash will give the storied New York investment bank an opportunity to reach more high net worth clients, namely those with $1 million to $15 million in assets.

Currently, Goldman Sachs works with the wealthiest of individuals, or thos

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Broker who took client funds for 17 years is barred

Broker who took client funds for 17 years is barred

"A broker admitting that he has been ripping off clients for 17 years is beyond troubling," said one attorney.

SEC boots California RIA linked to crypto, private funds

SEC boots California RIA linked to crypto, private funds

"Nobody knows what’s happening internally in these pooled funds at the retail level," said one plaintiff's attorney.

Former head of Osaic B-D lands at AssetMark

Former head of Osaic B-D lands at AssetMark

"Having relationships with financial advisors is one of the greatest assets these senior executives possess," said one industry official.

Colorado bars advisor over high-risk options trades

Colorado bars advisor over high-risk options trades

"Buying options is fraught with risk for financial advisors," one attorney noted.

Finra bars two ex-Raymond James advisors who sold unapproved products

Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

Latest news

Global bonds fall again amid stubborn inflation outlook

Global bonds fall again amid stubborn inflation outlook

Investors are impatient, they want big earnings

How to make your firm stand out from the competition

One-third of healthcare workers aren’t confident about retirement

WisdomTree woos more advisors with portfolio solutions offering

Broker who took client funds for 17 years is barred

Ether ETF aspirants take the starting blocks ahead of anticipated July approval

BNY names new global head of investments and wealth

Hints of jobs slowdown put Fed on the alert

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print

Subscribe

Get unlimited access to InvestmentNews

Subscribe for just
$19.99 per month.

Subscribe