Goldman Sachs Asset Management (GSAM) is a global firm providing investment advice through separately managed accounts and pooled investment vehicles like mutual funds and private investment funds. GSAM offers discretionary and non-discretionary investment advice, including portfolio construction, asset allocation, risk management, and manager selection. GSAM also provides retirement plan consulting services and financial planning services through an automated software platform.
GSAM's fees for separately managed accounts are based on a percentage of the assets in the account. The actual fees, minimum fees, and minimum account sizes may be negotiated and can vary based on the client's circumstances, the size of the relationship, and the level of servicing. 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 may be reduced or waived for certain investors.