Goldman Sachs has tapped Greg Wilson, head of Workplace Advisory Solutions for Goldman Sachs Ayco, as head of retirement in the Asset & Wealth Management division, a newly created role, according to a memo obtained by WealthManagement.com.
In the new role, Wilson will lead retirement distribution, defined contribution and Ayco’s Workplace Advisory Solutions. He’ll work closely with Larry Restieri, head of Goldman Sachs Ayco.
“As we expand our focus on the growing D.C. and individual retirement account (IRA) market, we are seeing increasing demand from participants and the organizations that support them for personalized solutions, tailored strategies and engaging digital experiences,” said Marc Nachmann, global head of Asset & Wealth Management, in the memo. “Greg will lead our efforts to engage with clients on this broad suite of retirement offerings and continue to position the firm to be a differentiated partner in this space.”
Nachmann said the firm’s multi-asset solutions group will continue to oversee managed account investment advice and defined contribution advisory.
Wilson joined Goldman Sachs in 1995 as an analyst, and spent 20 years in the asset management division before taking on his current role. He served as head of Honest Dollar, a startup acquired by Goldman that offers retirement services to workers without access to employer-based plans. Prior to that, he led the North American Sub-Advisory and Platform Solutions Group, which marketed the firm’s sub-advisory, hedge fund of funds, insurance solutions and defined contribution investment-only products in the United States and Canada.