Goldman Building Robo-Adviser to Give Investment Advice to The Masses

(Reuters) Goldman Sachs Group Inc (GS.N), known for advising the world’s richest and most powerful, is building a so-called robo-adviser geared to mass affluent customers, according to a job listing posted Monday on the bank’s website.A Goldman spokesman declined to comment.

The job posting for employees to help build the platform(here) comes as Goldman is looking at ways to broaden its customer base outside the super wealthy, including making deeper inroads into new consumer-focused businesses.

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