• The world is minting millionaires quicker than Goldman Sachs can keep up with them - and it's making a fortune off of them

    6 monthes ago - By Business Insider

    Goldman Sachs' private wealth management business is bustling, adding $17 billion in long-term assets in 2017.
    The firm's 700 wealth advisers each generate a staggering $4.5 million in revenue on average.
    CEO Lloyd Blankfein expects the business to keep growing as the world continues to churn out more millionaires.
    "The world seems to be growing rich people faster than we can grow advisers to cover them," Blankfein said.
    Business is good if you're a wealth adviser at Goldman Sachs, as millionaire clients are popping up quicker than the bank can keep up with.
    Business is humming in general...
    Read more ...

     

  • The world is minting millionaires quicker than Goldman Sachs can keep up with them - and it's making a fortune off of them

    The world is minting millionaires quicker than Goldman Sachs can keep up with them - and it's making a fortune off of them

    6 monthes ago - By Business Insider

    Goldman Sachs' private wealth management business is bustling, adding $17 billion in long-term assets in 2017.
    The firm's 700 wealth advisers each generate a staggering $4.5 million in revenue on average.
    CEO Lloyd Blankfein expects the business to keep growing as the world continues to churn out more millionaires.
    "The world seems to be growing rich people faster than we can grow advisers to cover them," Blankfein said.
    Business is good if you're a wealth adviser at Goldman Sachs, as millionaire clients are popping up quicker than the bank can keep up with.
    Business is humming in general...
    Read more ...