Goldman Wealth Management & Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Goldman Wealth Management & Associates reports 101 clients. They include 58 individual clients, 37 high-net-worth individuals, and 6 pension and profit-sharing plans. Of its assets, 100.0% ($120M across 168 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 57% | 19% |
| High-net-worth individuals | 37% | 77% |
| Pension and profit-sharing plans | 6% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 58 | $22.4M | 18.6% | $386K |
| High-net-worth individuals | 37 | $92.7M | 77.3% | $2.51M |
| Pension and profit-sharing plans | 6 | $4.91M | 4.1% | $818K |
| Total | 101 | $120M | 100% | $1.19M |
- Clients
- 58
- Regulatory AUM
- $22.4M
- AUM share
- 18.6%
- Avg. per client
- $386K
- Clients
- 37
- Regulatory AUM
- $92.7M
- AUM share
- 77.3%
- Avg. per client
- $2.51M
- Clients
- 6
- Regulatory AUM
- $4.91M
- AUM share
- 4.1%
- Avg. per client
- $818K
Total
- Clients
- 101
- Regulatory AUM
- $120M
- AUM share
- 100%
- Avg. per client
- $1.19M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Goldman Wealth Management & Associates charges 0.60%–1.50% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.50% |
| $500K–$3M | 1.00% |
| $3M–$5M | 0.80% |
| $5M and above | 0.60% |
Fee details and sources
Other fees
- Financial Planning and Financial Consulting
- Broad-based financial planning or consulting that produces a written plan is a fixed fee of up to $5,000, payable in advance.
Sheldon Goldman owns 75% or more of Goldman Wealth Management & Associates. The leadership team of Goldman Wealth Management & Associates includes Chief Compliance Officer Sheldon Goldman. It has 2 employees, 1 of them in advisory roles.
Leadership
Sheldon GoldmanOwner/ Managing Member/ Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Goldman Wealth Management & Associates, LLC
Sheldon Goldman
Control person · since October 2016
Besides its headquarters, Goldman Wealth Management & Associates has 0 offices, with 1 listed address in California.
California · 1 listed address
- 12544 High Bluff Drive, Suite 200, San DiegoHQ
Contact and registration details
- Legal name
- Goldman Wealth Management & Associates, LLC
- Headquarters
- 12544 High Bluff Drive, Suite 200, San Diego, CA 92130
- Website
- goldmanwm.com
- Phone
- 858-361-3698
- SEC file
- 801-136236
- Structure
- California LLC
- Fiscal year end
- December
Goldman Wealth Management & Associates uses Charles Schwab ($93.1M, 80%) and Inspira Financial Trust ($23.4M, 20%) as custodians for its separately managed accounts. Goldman Wealth Management & Associates has custody of $64.2M in client assets for 74 clients.
- Inspira Financial TrustInspira Financial Trust Company, LLC · Chicago, IL · $23.4M20%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $93.1M80%
At year end, Goldman Wealth Management & Associates’ separately managed accounts were mostly in funds (73%).
What the accounts hold
- Funds73%
- Bonds7%
- Cash3%
- Other17%
- Real estate lp17%
How many clients does Goldman Wealth Management & Associates have?
Goldman Wealth Management & Associates has 101 clients and manages $120 million for them, as of April 2026. They include 58 individual clients, 37 high-net-worth individuals, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 April 2026
What services does Goldman Wealth Management & Associates offer?
Goldman Wealth Management & Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Goldman Wealth Management & Associates charge?
Goldman Wealth Management & Associates charges 0.60%–1.50% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: GOLDMAN WEALTH MANAGEMENT DISCLOSURE BROCHURE, filed 10 April 2026
Which custodians does Goldman Wealth Management & Associates use?
Goldman Wealth Management & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $93.1M and Inspira Financial Trust Company, LLC (Chicago, IL), with $23.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 April 2026
How many financial advisors does Goldman Wealth Management & Associates have?
Goldman Wealth Management & Associates has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Goldman Wealth Management & Associates invest in?
At the end of its last fiscal year, Goldman Wealth Management & Associates’ separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 17% other, 7% state and local bonds and 3% cash and equivalents. The 17% other category is described as: Real Estate LP.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Goldman Wealth Management & Associates?
Goldman Wealth Management & Associates’ direct owner is Sheldon Goldman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 April 2026
How does Goldman Wealth Management & Associates get paid?
Goldman Wealth Management & Associates is paid through a percentage of assets under management 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
How do I contact Goldman Wealth Management & Associates?
Goldman Wealth Management & Associates’ main office is at 12544 High Bluff Drive, Suite 200, San Diego, CA 92130. Its phone number is 858-361-3698. Its website is goldmanwm.com.