Goldman Sachs has embarked on an aggressive arbitration campaign to enforce agreements with dozens of advisors who have left the firm since the Wall Street giant announced the sale of its Personal Financial Management unit to Creative Planning, one of the nation’s leading registered investment advisors.
“PFM advisors made a number of commitments to the firm when they signed their employment contracts, and we intend to hold them to those commitments,” Goldman Sachs (ticker: GS) says in a statement.
“To…
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