New York based Goldman Sachs Group Inc. in a recent announcement stated John Mallory to head its private wealth management business in the United States. It is a division of the bank’s investment management branch, which manages about US$1.5tn for its clients.
As head of the company’s private wealth management Mallory, Mallory will be in charge of stimulating growth of the business and networking across 14 offices in the US and Latin America.
Mallory, who has more than 20 years experience in the company was formerly responsible for Goldman’s investment management division in the Western United States. He will also carry on the administration ofr Private Wealth Management’s institutional client business in Los Angeles, San Francisco and Seattle that offers solutions for foundations, endowments and other non-profit organisations.