Goldman Sachs Private Bank Provides Online Lending Capabilities to LPL Financial Advisors

Goldman Sachs press release -------- Goldman Sachs is pleased to announce that LPL Financial (LPL) advisors can now help their clients borrow money for life events like paying for home renovations, education or travel by using Goldman Sachs Private Bank Select® (GS Select). With more than 15,000 advisors, LPL is one of the largest independent investment advisory firms to join the GS Select program, which currently supports 40 independent advisor firms and broker/dealers. GS Select is a high-tech platform backed by high-touch service. For suitable clients, it can cut the wait time for obtaining a non-purpose securities-based loan from Goldman Sachs Bank USA (GS Bank) to days from several weeks with no fees or paper to push. Advisors can track the status of each loan in real time, and a team of dedicated GS Select lending specialists is available to help advisors understand GS Select and monitor the loan process. To learn more click on the picture below to read the release.