Goldman’s Marcus UK to launch robo-adviser early next year

Goldman Sachs will launch a robo-advice proposition in the UK on its digital bank Marcus early next year.

According to Reuters this will be on the back of an app for UK users that will launch in the next few weeks.

The Wall Street titan moved into retail finance in the UK in 2018 with the launch of its new savings bank.

Marcus UK head Des McDaid told Reuters: “We are pivoting more into an investment and wealth provider rather than a full service digital bank.

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Source: Goldman’s Marcus UK to launch robo-adviser early next year | Money Marketing