Goldman Sachs Delaying Launch of Robo-Advisor
For now, if you want financial advice from Goldman Sachs (NYSE: GS), you'll have to obtain it from a human associate of the company. In remarks made during a presentation at a financial services industry conference, the company's president and COO John Waldron said it wouldn't launch its planned robo-advisory service this year.
The decision is due, as with many changes in business strategy around the world lately, to the economic slowdown caused by the SARS-CoV-2 coronavirus outbreak.
Image source: Goldman Sachs.
Source Fool.com
