Goldman Sachs Asset Management (GSAM) provides investment advisory services through separately managed accounts and pooled investment vehicles like mutual funds and private investment funds. GSAM offers discretionary and non-discretionary advice, including portfolio construction, asset allocation, and risk management. GSAM also advises on alternative investments. GSAM's services are available through wrap fee programs sponsored by broker-dealers.
Fee Structure
GSAM's fees for managing separate accounts are generally based on a percentage of the assets in the account. The actual fees, minimum fees, and minimum account sizes may be negotiated. Fees may vary based on the client's circumstances, the size of the relationship, and the level of customization. Some clients may be able to aggregate multiple accounts to qualify for lower fee rates. GSAM also manages pooled investment vehicles, such as mutual funds and private investment funds, and receives management fees and incentive fees or allocations from these funds. Fees for Workplace and Retail Managed Account Services are also charged.