Reuters - Goldman after Robo-employee

Robocop gun

'Your move, creep'.

Reuters reports that Goldman Sachs, 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 (See the job ad 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.

The bank last year launched Marcus, its first major foray into consumer lending, as well as a complementary deposit-taking platform after acquiring GE Capital's online bank. It also acquired Honest Dollar, an online retirement savings platform for small businesses and startups.

Hit the link below to access the complete Reuters article:

Goldman building robo-adviser to give investment advice to the masses

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