Goldman Sachs Launches ETF Advising Platform

Goldman Sachs is embarking on a new endeavor with the launch of a new digital platform looking to advise clients in launching their own funds. The Goldman Sachs ETF Accelerator plans to provide quick and efficient ETF launches allowing clients to get their ideas to market faster. A spokesperson from Goldman Sachs stated that they’ve been advising on the platform for a few months already and they expect to launch their first ETF next year.

ETF Newz Says:

The launch from from Goldman Sachs brings competition to white label ETF firms.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

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