Goldman, Sachs & Co. (New York)


Goldman, Sachs & Co. is a large advisory firm based in New York. It manages $198.82 billion of regulatory assets for 40,719 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Goldman, Sachs & provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Goldman, Sachs &: assets under management

The assets under management (AUM) of Goldman, Sachs & Co. is $198.82 billion. The firm's AUM has grown by 8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $198.25 billion in discretionary accounts and $575.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.88 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.66 million.
Goldman, Sachs & has custody of $148.06 billion in cash and securities for 21,706 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Goldman, Sachs & Co. for their services and products based on a percentage of assets under management, fixed fees, commissions, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in New York

The principal office where Goldman, Sachs & Co. performs its advisory services is located at 200 West Street, New York, NY 10282, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-902-1000. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at goldmansachs.com.