Goldman Sachs unveils Marcus Invest robo-adviser in consumer push

By Anna Irrera and Noor Zainab Hussain
FILE PHOTO A woman looks at Marcus a savings and loans app by Goldman Sachs in New York U.S. January 10 2020. REUTERSMike SegarFile Photo

FILE PHOTO: A woman looks at Marcus, a savings and loans app by Goldman Sachs, in New York, U.S., January 10, 2020. REUTERS/Mike Segar/File Photo

(Reuters) - Goldman Sachs Group Inc is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the bank said on Tuesday.

Consumers can open an account with Marcus Invest with a minimum of $1,000 and will be charged an annual fee of 0.35%, the bank said.

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