GOLDMAN SACHS WEALTH SERVICES, L.P.

RIASEC RegisteredEst. 1994

Total AUM

$31.7B

Discretionary

$31.7B

100% of AUM

Avg account

$876K

Accounts

36,184

Employees

1,923

Advisory reps

1,091

Firm details

Headquarters: Cohoes, New York
CRD number: 106693
Registered since: December 9, 1994
Website: www.ayco.com
Custodians: GOLDMAN SACHS & CO. LLC, NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Hourly Charges, Subscription Fees, Fixed Fees
Client types: HNWI78.32%
Other18.48%
Charitable Organizations2.85%
Corporations / Businesses0.34%
Pension & Profit Sharing Plans0.02%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Goldman Sachs Wealth Services, L.P. is a limited partnership that functions as a wealth manager and capital allocator for both individual/family clients and institutional accounts. Registered with the SEC since 1994, the firm provides financial planning and portfolio management for individuals, small businesses and institutions, and it also selects and allocates to outside managers. Its service mix includes periodic publications and educational seminars in addition to advisory mandates. Fee arrangements are flexible and include percentage-of-AUM, hourly, subscription and fixed-fee models. The firm identifies as an active ESG investor and maintains a broad set of industry affiliations that span broker‑dealer, banking and trust activities, insurance, registered municipal advising, futures and swap dealer roles, and sponsorship or management of pooled investment vehicles.