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.
GSAM's fees for managing separate accounts are generally based on a percentage of the value of your portfolio. The specific fees, minimums, and account sizes can be negotiated, and you might pay more or less than other clients with similar investments. Fees are typically calculated and billed monthly or quarterly. GSAM also manages pooled investment vehicles, such as mutual funds and private investment funds, with fees varying based on the fund's structure and investment strategy.