Beautiful Virgin Islands

Tuesday, Sep 16, 2025

Goldman Sachs' investment advice is no longer just for the super rich

Goldman Sachs' investment advice is no longer just for the super rich

Move over, Robinhood, here comes Goldman Sachs.

The prestigious investment bank, known mainly for advising the affluent how to manage their money and for helping to engineer big deals on Wall Street, unveiled a new robo-adviser Tuesday for the average investor.

Marcus Invest, an offshoot of the company's Marcus retail banking arm, will let Goldman Sachs customers buy exchange-traded funds with as little as $1,000.

Goldman Sachs (GS) will not be recommending specific stocks, though, even as Robinhood, Webull and other online brokerages have become popular places for traders to place bets on so-called "meme" stocks like retailer GameStop (GME) and movie theater chain AMC (AMC).

"You'll have exposure to a range of industries and economies so you have multiple opportunities for growth and won't be tied to the fate of a single stock," Marcus Invest said on its website.

In that respect, Marcus Invest seems geared more toward passive investors looking to plan for retirement of other long-term goals as opposed to active traders on the Reddit WallStreetBets board seeking to make a quick buck by betting on individual stocks or cryptocurrencies such as bitcoin (XBT).

Marcus Invest also said that it will monitor portfolios daily and automatically rebalance accounts to keep them on track with longer-term goals.

Goldman Sachs is making a big bet on Marcus to diversify and reach new customers. The asset management and investment advisory business is increasingly targeting younger customers that want to take more responsibility for their own finances as well.


Other brand name financial firms are also taking on services like Robinhood and Webull, which have helped popularize zero commission trading accounts.
Charles Schwab (SCHW) now owns TD Ameritrade while Morgan Stanley (MS) has acquired E-Trade. Mutual fund giant Fidelity also has an online brokerage.

The launch of Marcus Invest is just the latest move by Goldman Sachs to bolster the unit further.

Goldman Sachs announced last month it was partnering with card issuing company Marqeta, which the investment bank has a stake in, to begin offering digital checking accounts to Marcus customers later this year.

Goldman Sachs also said in January that it is collaborating with MasterCard (MA) to issue General Motors (GM)-branded credit cards. The bank is already partnering with Apple (AAPL) on the iPhone maker's Apple Card.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
US Air Force Begins Modifications on Qatar-Donated Jet Amid Plans to Use It as Air Force One
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
Elon Musk Retakes Lead as World’s Richest After Brief Ellison Surge
U.S. and China Agree on Framework to Shift TikTok to American Ownership
London Daily Podcast: London Massive Pro Democracy Rally, Musk Support, UK Economic Data and Premier League Results Mark Eventful Weekend
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Musk calls for new UK government at huge pro-democracy rally in London, but Britons have been brainwashed to obey instead of fighting for their human rights
Elon Musk responds to post calling for the murder of Erika Kirk, widow of Charlie Kirk: 'Either we fight back or they will kill us'
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
USA: Office Depot Employees Refused to Print Poster in Memory of Charlie Kirk – and Were Fired
Proposed U.S. Bill Would Allow Civil Suits Against Judges Who Release Repeat Violent Offenders
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
French Debt Downgrade Piles Pressure on Macron’s New Prime Minister
US and UK Near Tech, Nuclear and Whisky Deals Ahead of Trump Trip
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
Anesthesiologist Left Operation Mid-Surgery to Have Sex with Nurse
Tens of Thousands of Young Chinese Get Up Every Morning and Go to Work Where They Do Nothing
The New Life of Novak Djokovic
The German Owner of Politico Mathias Döpfner Eyes Further U.S. Media Expansion After Axel Springer Restructuring
Suspect Arrested: Utah Man in Custody for Charlie Kirk’s Fatal Shooting
In a politically motivated trial: Bolsonaro Sentenced to 27 Years for Plotting Coup After 2022 Defeat
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
ChatGPT CEO signals policy to alert authorities over suicidal youth after teen’s death
The British legal mafia hit back: Banksy mural of judge beating protester is scrubbed from London court
Surpassing Musk: Larry Ellison becomes the richest man in the world
Embarrassment for Starmer: He fired the ambassador photographed on Epstein’s 'pedophile island'
Manhunt after 'skilled sniper' shot Charlie Kirk. Footage: Suspect running on rooftop during panic
Effective Protest Results: Nepal’s Prime Minister Resigns as Youth-Led Unrest Shakes the Nation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
King Charles and Prince Harry Share First In-Person Moment in 19 Months
Starmer Establishes Economic ‘Budget Board’ to Centralise Policy and Rebuild Business Trust
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Brazilian police say ex-President Bolsonaro had planned to flee to Argentina seeking asylum
Trinidad Leader Applauds U.S. Naval Strike and Advocates Forceful Action Against Traffickers
Kim Jong Un Oversees Final Test of New High-Thrust Solid-Fuel Rocket Engine
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Supreme Court temporarily allows Trump to pause billions in foreign aid
Charlie Sheen says his father, Martin Sheen, turned him in to the police: 'The greatest betrayal possible'
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
Pig Heads Left Outside Multiple Paris Mosques in Outrage-Inducing Acts
×