During a call with investors, CEO Walt Bettinger dismissed speculation that the firm is interested only in $1 billion-plus RIAs as 'inaccurate, naïve and inconsistent with everything that we have done for the last 25 or 30 years in the RIA space.'
Michael Boardman has 30 years of industry experience and has previously held senior leadership roles at Chase Wealth Management, U.S. Bank and Charles Schwab
Tom Nally tells advisors gathered for the firm’s national conference it’s business as usual, even as the DOJ signals more scrutiny of the proposed acquisition by rival Charles Schwab.
In related news, CEO Joe Duran will buy an apartment in New York, where Goldman is headquartered, an indication that he’ll continue to lead the business he built.
The firm began rolling out the new service for retail customers today and will continue to do so in the coming weeks.