BNY and Robinhood to manage Trump accounts for kids [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
Robinhood's role in the arrangement will be to act as the program's brokerage and initial trustee. The two firms will develop a custom app for the program, Treasury said. Rather than displaying either firm's name, the app will be built as a white-label product owned and controlled exclusively by Treasury. The financial details of the arrangement were not disclosed. "We are honored to be selected as financial agent for Trump Accounts," BNY chief executive Robin Vince said in a statement. Vlad Tenev, Robinhood's chairman and chief executive, offered his own statement, saying the company is "proud to power Trump Accounts with Robinhood's technology, and to work alongside a historic and trusted institution like BNY." Treasury will retain control over the app and account operations. According to The Wall Street Journal , account holders will be able to roll over their accounts to other financial institutions within a year. The accounts are set to open for contributions on July 4. T
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GS
Earnings
- 1/16/26 - Beat
GS
Sec Filings
- 4/6/26 - Form 424B2
- 4/6/26 - Form 424B2
- 4/6/26 - Form 424B2
- GS's page on the SEC website