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Goldman Sachs RIA custodian delayed indefinitely, as 'technical details' bedevil launch date

The clock is ticking on the New York City investment bank's strategic imperative to strike while TD Ameritrade and Schwab merge, but Goldman may be facing similar obstacles combining with Folio Institutional.

Author Oisin Breen March 16, 2022 at 2:47 AM
2 Comments
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Maeve DuVally: We are working closely with teams across Goldman Sachs, as well as clients, to ensure that these new services align.

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Jeff Spears

Jeff Spears

March 16, 2022 — 11:47 AM
I trust and respect Goldman. The answer to “show me the money “ and what is our competitive advantage effectively seem to not meet The Goldman standards.
Brad Wales

Brad Wales

March 16, 2022 — 2:01 PM
When Goldman announced they were entering the custodial market, there were some observers quick to declare the "giant slayer" had entered the arena. While I anticipate Goldman eventually becoming a formidable player in the space, the hasty prognosticators would be wise to recall that Rome was not built in a day.

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Folio Institutional
Asset Custodian
Top Executive: Greg Vigrass



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