Clients
Goldman Sachs Wealth Services serves 117,699 clients, 38,800 of them high-net-worth individuals. The average client has about $269,000 with the firm, and high-net-worth clients hold 78% of its $31.7 billion in assets.
- High-net-worth individuals38,800 clients78%
- Charitable organizations75 clients3%
- Other2,235 clients18%
- OtherPension and profit-sharing plans, Corporations and other businesses0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 76,550 | $0 | 0.0% | $0 |
| High-net-worth individuals | 38,800 | $24,817,428,426 | 78.3% | $640K |
| Pension and profit-sharing plans | 9 | $6,935,352 | 0.0% | $771K |
| Charitable organizations | 75 | $901,962,318 | 2.8% | $12.0M |
| Corporations and other businesses | 30 | $107,247,398 | 0.3% | $3.57M |
| Other | 2,235 | $5,854,773,548 | 18.5% | $2.62M |
| Total | 117,699 | $31,688,347,042 | 100% | $269K |
- Clients
- 76,550
- Regulatory AUM
- $0
- Share
- 0.0%
- Avg. per client
- $0
- Clients
- 38,800
- Regulatory AUM
- $24,817,428,426
- Share
- 78.3%
- Avg. per client
- $640K
- Clients
- 9
- Regulatory AUM
- $6,935,352
- Share
- 0.0%
- Avg. per client
- $771K
- Clients
- 75
- Regulatory AUM
- $901,962,318
- Share
- 2.8%
- Avg. per client
- $12.0M
- Clients
- 30
- Regulatory AUM
- $107,247,398
- Share
- 0.3%
- Avg. per client
- $3.57M
- Clients
- 2,235
- Regulatory AUM
- $5,854,773,548
- Share
- 18.5%
- Avg. per client
- $2.62M
Total
- Clients
- 117,699
- Regulatory AUM
- $31,688,347,042
- Share
- 100%
- Avg. per client
- $269K
What it does
Goldman Sachs Wealth Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters and educational seminars. It is paid through a percentage of assets, hourly charges, subscription fees and fixed fees.
Goldman Sachs Wealth Services provided financial planning to 104,000 clients last fiscal year and advises no private funds.
100.0% of assets ($31.69B across 36,184 accounts) are managed with discretion. 1% of clients are outside the U.S., and 89,850 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks6%
- Funds91%
- Cash2%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Goldman Sachs Wealth Services’ client accounts are held mainly at Goldman Sachs &, with 83% of managed assets, and Fidelity, with 17%. Goldman Sachs Wealth Services has custody of $506.9M for 536 clients.
- FidelityNational Financial Services LLC · Boston, MA · $5.52B17%
- Goldman Sachs &Goldman Sachs & Co. LLC · New York, NY · $26.17B83%
- All other custodians$10%
Ownership and leadership
GS Ayco Holding LLC owns 75% or more of Goldman Sachs Wealth Services, and Sara Naison-Tarajano is its CEO.
- Owns 75% or more of Goldman Sachs Wealth Services, L.P.
GS Ayco Holding LLC
Control person · since July 2003
- Owns 75% or more of GS Ayco Holding LLC
Imd Holdings LLC
Control person · since November 2017
- Owns 75% or more of Imd Holdings LLC
The Goldman Sachs Group, Inc.
Control person · since November 2017
Leadership
- Sara Naison-TarajanoPresident, Chief Executive Officer
- Sarah FeithVice President, Chief Compliance Officer
- Kyle KinowskiVice President,
- Shelley LuksVice President, Treasurer
- Jason ShepardVice President, Secretary
Staff
- 1,923 employees
- 1,134 in advisory functions
- 1,084 state-registered reps
- 1,271 broker-dealer reps
- 673 insurance agents
- 1 soliciting firm
Fees
Goldman Sachs Wealth Services is paid through a percentage of assets under management, hourly charges, subscription fees and fixed fees (other than subscription fees).
Brochure fee details have not yet been processed for this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Goldman Sachs Wealth Services has 23 offices, with 24 listed addresses across 15 states.
Texas · 4 listed addresses
- 2001 Ross Avenue, Dallas
- 609 Main Street, Houston
- 125 East John Carpenter Freeway, Irving
- 401 South 1st ST, Austin
New York · 3 listed addresses
- 100 Coliseum Drive, CohoesHQ
- 200 West Street, New York
- 321 Broadway, Saratoga Springs
California · 2 listed addresses
- 4000 Macarthur BLVD, Newport Beach
- 555 California Street, San Francisco
Florida · 2 listed addresses
- 200 South Biscayne BLVD, Miami
- 360 S Rosemary Avenue, West Palm Beach
Illinois · 2 listed addresses
- 540 Lake Cook Road, Deerfield
- 71 South Wacker Drive, Chicago
Pennsylvania · 2 listed addresses
- Mellon Bank Center, Philadelphia
- 555 Southpointe BLVD., Canonsburg
Colorado · 1 listed address
- 200 Clayton Street, Denver
Connecticut · 1 listed address
- 55 Greens Farms Road, Westport
District of Columbia · 1 listed address
- 101 Constitution Avenue, N.W., Washington
Georgia · 1 listed address
- 3550 Peachtree Road, Atlanta
Massachusetts · 1 listed address
- 125 High Street, Boston
Michigan · 1 listed address
- 1301 W. Long Lake Road, Troy
Minnesota · 1 listed address
- 60 South 6th Street, Minneapolis
New Jersey · 1 listed address
- 320 Headquarters Plaza, Morristown
Washington · 1 listed address
- 401 Union Street, Seattle
Other business names
Goldman Sachs Wealth Services has reported 1 other business name to the SEC.
- Goldman Sachs Ayco
Registration details
- Legal name
- Goldman Sachs Wealth Services, L.P.
- Headquarters
- 100 Coliseum Drive, Cohoes, NY 12047
- Phone
- 518-886-4000
- SEC file
- 801-48238
- Structure
- Delaware limited partnership
- 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 Wealth Services have?
Goldman Sachs Wealth Services has 117,699 clients and manages $31.7 billion for them, as of June 2026. They include 76,550 other individuals, 38,800 high-net-worth individuals and 2,235 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 June 2026
What services does Goldman Sachs Wealth Services offer?
Goldman Sachs Wealth Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, publishing newsletters 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 Wealth Services use?
Goldman Sachs Wealth Services’ separately managed account assets are held at Goldman Sachs & Co. LLC (New York, NY), with $26,169,264,157 and National Financial Services LLC (Boston, MA), with $5,519,082,884. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 June 2026
How many financial advisors does Goldman Sachs Wealth Services have?
Goldman Sachs Wealth Services has 1,084 investment adviser representatives registered with state securities authorities, out of 1,923 employees, and 1,134 perform investment advisory functions. 1,271 are registered representatives of a broker-dealer and 673 are 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 Wealth Services invest in?
At the end of its last fiscal year, Goldman Sachs Wealth Services’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities 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 Wealth Services?
Goldman Sachs Wealth Services is owned through a chain of holding companies by the Goldman Sachs Group, Inc. Its direct owner is GS Ayco Holding LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 15 June 2026
How does Goldman Sachs Wealth Services get paid?
Goldman Sachs Wealth Services is paid through a percentage of assets under management, hourly charges, subscription fees and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file