Goldman Sachs has been quietly building RIA custodial services behind the scenes, with big-name hires and plenty of resources; but can it overcome its Wall Street heritage to appeal to independent advisors?
The group is joining other plaintiffs in a suit filed in a Texas federal court, with CEO and President Dale Brown claiming the DOL's decision was "hasty and arbitrary" and would be detrimental to independent financial advisors.
In this week's fund news, OSAM's direct index platform Canvas adds four defensive and dividend-growth models, Cboe files to list Fidelity Bitcoin ETF, and ETF Managers Group lists a new cannabis ETF with U.S. exposure.
The role of finance leaders and advisors, within financial services, is changing for the better. Join this webinar on May 18th and hear from Aaron Harris, CTO at Sage, as he shares his vision of the future of financial management and how AI can empower your finance team and build continuous trust.
