3min chapter

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Goldman Sachs' Stephanie Cohen on How the Firm's Approach to Technology Has Evolved

a16z Live

CHAPTER

Wealth Management

Goldman Sachs is one of the leading franchises in the innate space. But it also feels like a business that hasn't evolved, maybe from a technology perspective. And so there are a lot of things that we're doing around catering to different audiences than we head typically and focused on. Half of our clients have been with us for over a decade, but the average adviser tenure is almost 15 years. This is a business where longevity really matters and personal relationship really matters. We have to keep evolving.

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