Goldman Sachs announces $750m advisory firm acquisition

clock • 1 min read

The Goldman Sachs Group has announced that it has entered into an agreement to acquire United Capital Financial Partners, Inc. for $750m in cash - its biggest deal in two decades. The company said in a statement that the transaction is expected to close in the third quarter of 2019, subject to customary regulatory approvals and conditions. United Capital is a registered investment advisor with $25 billion of assets under management and over 220 financial advisers serving 22,000 clients ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?