{
  "id": 12835257,
  "title": "Goldman Sachs had its largest class of new private wealth advisors ever, even as AI can do more of the job",
  "url": "https://urgent.news/2026/10/08/goldman-sachs-had-its-largest-class-of-new-private-wealth-advisors",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T09:23:01.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/goldman-sachs-private-wealth-advisor-training-ai-2026-10"
  },
  "original_language": "en",
  "account": "Goldman Sachs has hired a record 121 new private wealth advisors in its annual boot camp, highlighting the human touch required for managing the wealth of the ultra-wealthy. Despite advancements in AI, the bank recognizes that complex financial planning and building trust with clients remain essential. John Mallory, co-head of Wealth Management, emphasizes the importance of relationships, particularly as over half of Goldman's private wealth clients have been with the firm for over a decade. The CEO of Wealth Management, John Waldron, forecasts that AI will generate wealthier clients in the future. Goldman's four-week training program focuses on both financial knowledge and interpersonal skills, with advisors learning to adapt their approach based on the client's level of expertise. New graduate, Whitney Pigott, believes her corporate finance background has prepared her for the diverse communication styles of clients. AI tools like GS Assistant are aiding advisors in understanding complex strategies, but the true expertise lies in the advisors' ability to navigate complex financial solutions and build lasting relationships with clients.",
  "summary": "AI may soon be able to model a clients whole portfolio, but wealth advisors aren't going away. That's why Goldman is hiring more than ever.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Goldman Sachs says middle managers at risk as new hires oversee AI",
        "url": "https://urgent.news/2026/10/08/goldman-sachs-says-middle-managers-at-risk-as-new-hires-oversee-ai",
        "published": "2026-10-08T06:44:18.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Goldman Sachs sees 18% upside for Palantir on sovereign AI growth",
        "url": "https://urgent.news/2026/10/08/goldman-sachs-sees-18-upside-for-palantir-on-sovereign-ai-growth",
        "published": "2026-10-08T11:30:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}