Assets Under Management
$233.2B
Number of Clients
42,136
Number of Advisors
977
Average Client AUM
$5.5M
AUM per Advisor
$238.6M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
This brochure describes the managed account offering of Goldman Sachs & Co. LLC’s Private Wealth Management group through third-party distributors. PWM provides advisory services to high-net-worth individuals and institutional clients. GS&Co. offers structured investment strategies managed by a dedicated Portfolio Management Team.
| Assets Under Management | Annual Fee |
|---|---|
| $0+ | 0.60% |
Fee is generally 0.60% but may vary based on several factors including negotiations, client circumstances, relationship size, and customization.
Clients generally compensate GS&Co. for advisory services through a fixed strategy-based fee, typically 0.60% (60 basis points) of the assets in the Advisory Account. The advisory fee may vary based on negotiations, the client's circumstances, the pricing model, relationship size, customization, service levels, and asset class. Clients also pay execution charges, custody fees, administrative service fees, and underlying fund fees.
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