{"url":"https://nivawealth.com/firms/goldman-sachs-wealth-services-106693","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106693","regulatoryAum":31688347042,"crd":"106693","secFileNumber":"801-48238","legalName":"Goldman Sachs Wealth Services, L.P.","displayName":"Goldman Sachs Wealth Services","website":"https://www.goldmansachs.com/what-we-do/ayco","linkedinUrl":"https://www.linkedin.com/company/goldman-sachs-ayco","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"100 Coliseum Drive","city":"Cohoes","state":"NY","stateName":"New York","country":"United States","postalCode":"12047"},"tradeNames":["Goldman Sachs Ayco"],"registration":{"secApproved":"9 December 1994","noticeFilings":53,"latestNoticeFiling":"8 February 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Also a sole member and manager of Saratoga Springs LLC in the 75% or more band and a control person, since July 2003."},{"label":"The Goldman Sachs Group, Inc.","detail":"Indirect owner: a sole member and manager of Imd Holdings LLC in the 75% or more band and a control person, since November 2017.","parent":"Imd Holdings LLC"},{"label":"Imd Holdings LLC","detail":"Indirect owner: a sole member and manager of GS Ayco Holding LLC in the 75% or more band and a control person, since November 2017.","parent":"GS Ayco Holding LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":23,"privateResidences":0},"listedOfficeAddresses":24,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"4000 Macarthur BLVD","city":"Newport Beach"},{"street":"555 California Street","city":"San Francisco"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"200 Clayton Street","city":"Denver"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"55 Greens Farms Road","city":"Westport"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"101 Constitution Avenue, N.W.","city":"Washington"}]},{"state":"Florida","offices":2,"addresses":[{"street":"200 South Biscayne BLVD","city":"Miami"},{"street":"360 S Rosemary Avenue","city":"West Palm Beach"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3550 Peachtree Road","city":"Atlanta"}]},{"state":"Illinois","offices":2,"addresses":[{"street":"540 Lake Cook Road","city":"Deerfield"},{"street":"71 South Wacker Drive","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"125 High Street","city":"Boston"}]},{"state":"Michigan","offices":1,"addresses":[{"street":"1301 W. Long Lake Road","city":"Troy"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"60 South 6th Street","city":"Minneapolis"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"320 Headquarters Plaza","city":"Morristown"}]},{"state":"New York","offices":3,"addresses":[{"street":"100 Coliseum Drive","city":"Cohoes","headquarters":true},{"street":"200 West Street","city":"New York"},{"street":"321 Broadway","city":"Saratoga Springs"}]},{"state":"Pennsylvania","offices":2,"addresses":[{"street":"Mellon Bank Center","city":"Philadelphia"},{"street":"555 Southpointe BLVD.","city":"Canonsburg"}]},{"state":"Texas","offices":4,"addresses":[{"street":"2001 Ross Avenue","city":"Dallas"},{"street":"609 Main Street","city":"Houston"},{"street":"125 East John Carpenter Freeway","city":"Irving"},{"street":"401 South 1st ST","city":"Austin"}]},{"state":"Washington","offices":1,"addresses":[{"street":"401 Union Street","city":"Seattle"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"518-886-4000","stateRegisteredReps":1084,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Subscription fees","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"104000","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"15 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106693/PDF/106693.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Goldman Sachs Wealth Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Goldman Sachs Wealth Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Goldman Sachs Wealth Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Goldman Sachs Wealth Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Goldman Sachs Wealth Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Goldman Sachs Wealth Services?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Goldman Sachs Wealth Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}