Big Law

Goldman Sachs acquires United Capital for $750M

Goldman Sachs’ acquisition of United Capital for $750 million in cash will give the storied New York investment bank an opportunity to reach more high net worth clients, namely those with $1 million to $15 million in assets. Currently, Goldman Sachs works with the wealthiest of individuals, or those with at least $25 million in net worth, and its private wealth management group manages $427 billion.

Read the source article at InvestmentNews

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