Goldman Sachs unveils Marcus Invest robo-adviser in consumer push


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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