This app is only available on the App Store for iOS devices.
Feb 21, 2019 - To offset the loss in market share, the iPhone maker is turning to. And Goldman Sachs Group Inc. Are making good on their. Apple is getting into the banking business, according to a new report. The iPhone maker has teamed up with Goldman Sachs and together, the companies will release a joint credit card to consumers.
Description
The Goldman Sachs Private Wealth Management app offers private clients mobile access to their portfolio data information, market news and insights from across Goldman Sachs.
The Private Wealth Management app offers you:
- Convenient access to your portfolio information, including positions, asset allocation and recent transactions
- Easy, secure communication with your wealth management team
- Quick views into markets through recent news and data
- Valuable insights, strategies and research from across Goldman Sachs
** Private clients must be registered users of our Private Wealth Management website (goldman.com) to use the app. Other qualifications may also govern client access. Please contact your wealth management team with any questions. **
Goldman Sachs and the Goldman Sachs Logo are registered trademarks of Goldman Sachs. iPhone, iPad and iPod Touch are registered trademarks of Apple Inc.
The Private Wealth Management app offers you:
- Convenient access to your portfolio information, including positions, asset allocation and recent transactions
- Easy, secure communication with your wealth management team
- Quick views into markets through recent news and data
- Valuable insights, strategies and research from across Goldman Sachs
** Private clients must be registered users of our Private Wealth Management website (goldman.com) to use the app. Other qualifications may also govern client access. Please contact your wealth management team with any questions. **
Goldman Sachs and the Goldman Sachs Logo are registered trademarks of Goldman Sachs. iPhone, iPad and iPod Touch are registered trademarks of Apple Inc.
What’s New
Ratings and Reviews
18 Ratings
Can no longer log into the app.
I used to have no problem with the app but in the last few months, I can’t log in.
The website works fine but this app is broken garbage. The ‘help’ function is just a page with phone numbers to call so that you can be wait on hold for hours!
There are zero reasons why this to stop working.
I’m going to close my accounts and move them elsewhere.
For a big financial firm to have such a pathetic app is beyond shameful these days. If you can’t get an app right, then why should anyone think that you can run a business?
Garbage app = garbage company
The website works fine but this app is broken garbage. The ‘help’ function is just a page with phone numbers to call so that you can be wait on hold for hours!
There are zero reasons why this to stop working.
I’m going to close my accounts and move them elsewhere.
For a big financial firm to have such a pathetic app is beyond shameful these days. If you can’t get an app right, then why should anyone think that you can run a business?
Garbage app = garbage company
A good app
Useful app that helps me get my financial info on my phone. I appreciate the Markets section that provides market updates and insights.
Doesn’t work on iPhone X
I just get an error right away telling me they encountered a problem retrieving my information. This happened on two separate days, even after I deleted the app and reinstalled it. I can login to the website fine from a browser.
Information
Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.
English, German, Simplified Chinese, Traditional Chinese
Supports
Family Sharing
With Family Sharing set up, up to six family members can use this app.
FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, U.S., August 1, 2018. REUTERS/Lucas Jackson/File Photo
(Reuters) - Goldman Sachs Group Inc has teamed up with Apple Inc to issue credit cards that will be paired with iPhones and will help users manage their money, the Wall Street Journal reported here on Wednesday, citing people familiar with the matter.
The card, which will be linked with Apple’s Wallet app, will allow users to set spending goals, track rewards, and manage balances, WSJ said.
The new cards will be rolled out to employees for testing in next few weeks and will be launched later this year.
The deal will benefit both the companies tap into new income sources. Apple has been sharpening its focus on its services business, including the App Store, mobile payments and music streaming after a recent dip in iPhone sales, which generate most of the company’s profit.
Goldman is also looking to increase its consumer loans to offset dips in its trading business.
Apple did not immediately respond to Reuters’ request for a comment. Goldman declined to comment.
The joint card, which will use Mastercard’s payment network, offers a cash back of about 2 percent on most purchases. Spending on Apple products and services could potentially result in more cashbacks, some of the people told WSJ.
Goldman Sachs has already started adding customer-support call centers, and building an internal system to handle payments, a project that could cost the bank $200 million, WSJ said, a time when banks are focused on reigning in expenses to boost their bottom lines.
The Wall Street bank could eventually offer other financial products, such as Marcus loans and wealth management services, to Apple customers, WSJ said.
Reporting By Aparajita Saxena in Bengaluru; Editing by Shailesh Kuber
Our Standards:The Thomson Reuters Trust Principles.