Clients
Goldman Sachs Asset Management serves 264 clients, 203 of them pooled investment vehicles. The average client has about $272 million with the firm, and high-net-worth clients hold 0% of its $71.8 billion in assets.
- Pooled investment vehicles203 clients70%
- Pension and profit-sharing plans40 clients12%
- State or municipal government entities4 clients4%
- Insurance companies2 clients14%
- OtherHigh-net-worth individuals, Charitable organizations, Corporations and other businesses, Other0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 4 | $34,317,468 | 0.0% | $8.58M |
| Pooled investment vehicles | 203 | $50,012,875,177 | 69.6% | $246.4M |
| Pension and profit-sharing plans | 40 | $8,867,354,697 | 12.3% | $221.7M |
| Charitable organizations | 1 | $445 | 0.0% | $445 |
| State or municipal government entities | 4 | $2,681,719,485 | 3.7% | $670.4M |
| Insurance companies | 2 | $10,000,035,584 | 13.9% | $5.00B |
| Corporations and other businesses | 9 | $234,378,083 | 0.3% | $26.0M |
| Other | 1 | $2,349,779 | 0.0% | $2.35M |
| Total | 264 | $71,833,030,718 | 100% | $272.1M |
- Clients
- 4
- Regulatory AUM
- $34,317,468
- Share
- 0.0%
- Avg. per client
- $8.58M
- Clients
- 203
- Regulatory AUM
- $50,012,875,177
- Share
- 69.6%
- Avg. per client
- $246.4M
- Clients
- 40
- Regulatory AUM
- $8,867,354,697
- Share
- 12.3%
- Avg. per client
- $221.7M
- Clients
- 1
- Regulatory AUM
- $445
- Share
- 0.0%
- Avg. per client
- $445
- Clients
- 4
- Regulatory AUM
- $2,681,719,485
- Share
- 3.7%
- Avg. per client
- $670.4M
- Clients
- 2
- Regulatory AUM
- $10,000,035,584
- Share
- 13.9%
- Avg. per client
- $5.00B
- Clients
- 9
- Regulatory AUM
- $234,378,083
- Share
- 0.3%
- Avg. per client
- $26.0M
- Clients
- 1
- Regulatory AUM
- $2,349,779
- Share
- 0.0%
- Avg. per client
- $2.35M
Total
- Clients
- 264
- Regulatory AUM
- $71,833,030,718
- Share
- 100%
- Avg. per client
- $272.1M
What it does
Goldman Sachs Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars. It is paid through a percentage of assets, fixed fees, performance-based fees and other arrangements.
Goldman Sachs Asset Management provided financial planning to 0 clients last fiscal year and advises no private funds.
100.0% of assets ($71.83B across 303 accounts) are managed with discretion. 100% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks18%
- Funds15%
- Bonds49%
- Sovereign bonds29%
- Investment grade corporate bonds8%
- High-yield corporate bonds8%
- U.S. government and agency bonds4%
- Cash2%
- Other15%
- Other bucket includes - repos, receivables, certain structured products and reg aum associated with certain externally managed separate accounts15%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Goldman Sachs Asset Management’s client accounts are held mainly at Custody Bank of Japan, with 12% of managed assets, and Mitsubishi Ufj Financial Group, with 5%. Goldman Sachs Asset Management does not have custody of client assets.
- Brown Brothers Harriman &Brown Brothers Harriman & Co. · New York, NY · $2.63B4%
- Mitsubishi Ufj Financial GroupMitsubishi Ufj Financial Group, Inc · Tokyo · $3.56B5%
- State StreetState Street Corporation · Boston, MA · $3.36B5%
- Custody Bank of JapanCustody Bank of Japan, LTD. · Tokyo · $8.81B12%
- All other custodians$53.47B74%
Ownership and leadership
Goldman Sachs Asset Management International Holdings L.L.C. owns 75% or more of Goldman Sachs Asset Management.
- Owns 75% or more of Goldman Sachs Asset Management Co., LTD.
Goldman Sachs Asset Management International Holdings L.L.C.
Control person · since February 2016
- Owns 75% or more of Goldman Sachs Asset Management International Holdings L.L.C.
Goldman Sachs Asset Management, L.P.
Control person · since February 2016
- Owns 75% or more of Goldman Sachs Asset Management, L.P.
Gsam Holdings LLC
Control person · since February 2016
- Owns 75% or more of Gsam Holdings LLC
Goldman Sachs Group Inc.
Control person · since February 2016
Leadership
- Kenro TsutsumiRepresentative Director and President
- Judith ShandlingChief Compliance Officer - US Matters
- Gareth BaterDirector
- Takashi KuwanoDirector
Staff
- 163 employees
- 86 in advisory functions
Fees
Goldman Sachs Asset Management is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other.
Goldman Sachs Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Goldman Sachs Asset Management has 0 offices, with 1 listed address with no US state reported.
Registration details
- Legal name
- Goldman Sachs Asset Management Co., LTD.
- Headquarters
- Toranomon Hills Station Tower 6-1, Toranomon 2-Chrome, Minato-Ku, Tokyo, Japan 105-5543
- Phone
- 81345876000
- Website
- Not reported
- SEC file
- 801-107633
- Structure
- corporation organized in Japan
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Goldman Sachs Asset Management have?
Goldman Sachs Asset Management has 264 clients and manages $71.8 billion for them, as of May 2026. They include 203 pooled investment vehicles, 40 pension and profit-sharing plans and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 May 2026
What services does Goldman Sachs Asset Management offer?
Goldman Sachs Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Goldman Sachs Asset Management use?
Goldman Sachs Asset Management’s separately managed account assets are held at Custody Bank of Japan, LTD. (Tokyo), with $8,810,576,009, Mitsubishi Ufj Financial Group, Inc (Tokyo), with $3,564,638,002, State Street Corporation (Boston, MA), with $3,363,771,613 and Brown Brothers Harriman & Co. (New York, NY), with $2,628,118,964. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 May 2026
How many financial advisors does Goldman Sachs Asset Management have?
Goldman Sachs Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 163 employees, and 86 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Goldman Sachs Asset Management invest in?
At the end of its last fiscal year, Goldman Sachs Asset Management’s separately managed accounts held 29% sovereign bonds, 18% exchange-traded equities, 15% pooled vehicles (private funds and similar), 15% other bucket includes - repos, receivables, certain structured products and reg aum associated with certain externally managed separate accounts, 8% investment grade corporate bonds, 8% high-yield corporate bonds, 4% U.S. government and agency bonds and 2% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Goldman Sachs Asset Management?
Goldman Sachs Asset Management is owned through a chain of holding companies by Goldman Sachs Group Inc. Its direct owner is Goldman Sachs Asset Management International Holdings L.L.C. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 22 May 2026
How does Goldman Sachs Asset Management get paid?
Goldman Sachs Asset Management is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file