Goldman ditches robo-investing for masses in sale to Betterment

Goldman
Sachs
Group
Inc.
is
closing
down
its
automated-investing
business
for
the
masses
after
clinching
a
deal
with
Betterment.
The
bank
has
struck
an
agreement
to
transfer
clients
and
their
assets
from
the
unit
known
as
Marcus
Invest
to
Betterment,
a
$45
billion
digital
investment-advisory
firm.
The
transfer
is
expected
to
be
completed
by
the
[…]