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Goldman Sachs completed the acquisition of United Capital for $750m.

Synopsis

Goldman Sachs completed the acquisition of United Capital, a registered investment advisor for $750m. “We have a leading wealth management franchise, driven by our preeminent Private Wealth Management and Ayco offerings, which will serve as a cornerstone of our business as we execute on our long-term strategy to offer clients solutions across the wealth spectrum. United Capital will help accelerate this strategy by broadening our reach, allowing more clients to access the intellectual capital and investment capabilities of Goldman Sachs.” David M. Solomon, Goldman Sachs Chairman and CEO.

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