Three years prior, he had sold United Capital, a registered investment advisor, to Goldman Sachs for $750 million.
Duran's mandate was to run United Capital as well as Ayco, the bank's workplace financial planning unit.
Finding his next mountain to climbDuran described his time with Goldman Sachs as "a fantastic experience in almost every way."
In working for nine months on that strategy, he realized how much the industry had changed since he sold United Capital in 2019.
"He has been a good partner at Goldman Sachs, and we're excited to cross paths with him again soon."
Persons:
—, Joe Duran, Goldman Sachs, David Solomon's, Duran, wasn't, Julian Salisbury, Dina Powell, McCormick, Goldman, it's, I've, United Capital Duran, Joe, Tucker, There's
Organizations:
Service, United Capital, Business, Goldman, Growth Partners, Ritz, Carlton, Westin, General Electric