After years serving CEOs, Goldman's Ayco also wants other workers [Reuters (UK)]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Reuters
After years serving CEOs, Goldman's Ayco also wants other workers - Reuters 4 Min Read NEW YORK (Reuters) - Goldman Sachs Group Inc is expanding a financial advisory service for top executives to target millions of other affluent employees at some of the biggest U.S. companies, as it seeks to build its retail and wealth management businesses. Goldman’s Ayco unit provides high-end tax and wealth advice to top executives at some 400 companies, including 60 Fortune 100 companies. According to the bank’s estimates these firms employ at least 8 million people and Goldman now wants them as clients, too. Goldman began rolling out a new Ayco personal finance website for rank-and-file workers in October and has so far signed up 70 companies. By the end of 2019, the bank hopes to have signed up around 100 companies, which employ 2 million employees, Larry Restieri, the unit’s chief executive, said in an interview this month. In recent weeks, it has also started pitching high-yield savings accou
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