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  Goldman Sachs Bank Private Wealth Management

Goldman Sachs Bank Private Wealth Management

in Wealth Management from Goldman Sachs Bank USA

Claimed

Goldman Sachs Bank Private Wealth Management

Claimed

in Wealth Management from Goldman Sachs Bank USA

Net Recommendation Score +100%

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Highlights
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Community Rating

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Minimum Initial Investment $10,000,000
Median Account $55,000,000
Wealth Managers 896
U.S. AUM (billions) $902.50

Goldman Sachs Bank Private Wealth Management Review

Goldman Sachs Bank Private Wealth Management is offered by Goldman Sachs Bank USA, a bank founded in 1869 and based in New York, NY. Goldman Sachs Bank Private Wealth Management is available in 50 states (and Washington, DC).

Goldman Sachs Bank Private Wealth Management Pros & Cons
Pros Cons
  • Offers tax planning services.
  • Provides personalized investment advice.
  • Includes estate planning.
  • Wide selection of wealth management services offered.
  • Competitive investment expense ratios.
  • No minimum amount to open an account.
  • Transparent fee model.
  • There can be compensation-related conflicts of interest.
Goldman Sachs Bank Private Wealth Management FAQ

What wealth management fees does Goldman Sachs Bank Private Wealth Management charge?

Goldman Sachs Bank Private Wealth Management uses a fee-only model .

Fee-only model. The main advantage of this model is clients don't have to worry their wealth managers are influenced by commissions when making financial recommendations. Fee-only advisors have a fiduciary duty toward their clients. That means they are legally required to put their clients' interests first and cannot sell them a product they don't need or that goes against their goals or risk tolerance.

What are the investment expense ratios of Goldman Sachs Bank Private Wealth Management?

Hiring a wealth management firm with competitive investment fees is one of the most important steps to maximizing your portfolios performance.

Goldman Sachs Bank Private Wealth Management charges an investment expense ratio that starts at 0.2% and ranges up to 9.9%

What are the annual management fees of Goldman Sachs Bank Private Wealth Management?

Goldman Sachs Bank Private Wealth Management does not disclose its investment expense ratios. If you use Goldman Sachs Bank Private Wealth Management, make sure you receive a clear description of fees before you hire its services.

Goldman Sachs Bank Private Wealth Management Fees
Description
Investment Expense Ratios 0.2% - 9.9%
Fee Model Management and/or advisory fee
Management / Advisory Fee N/A

What wealth management services does Goldman Sachs Bank Private Wealth Management offer?

Wealth management companies typically offer a wide selection of services. Goldman Sachs Bank USA provides the following:

Wealth Management Services Offered Options
Supported Options Unsupported Options
  • Strategic Research
  • Acquisitions and dispositions
  • Cash management
  • Accounting
  • Estate Planning
  • Investment Advice
  • Tax Planning
  • Financial reporting
  • Due diligence

What investment vehicles does Goldman Sachs Bank Private Wealth Management offer?

A well-balanced portfolio should include a mix of investments, such as stocks, bonds, real estate, and other investment vehicles. It should also contain assets with varying levels and types of risk to help minimize the overall impact if one of the portfolio's assets loses its value.

Goldman Sachs Bank USA offers the following types of investment portfolios and account types.

Investment Vehicles Options
Supported Options Unsupported Options
  • Real estate securities
  • Separate accounts
  • Real estate debt
  • Commingled funds
  • Co-investment programs
  • Global indirect investments
  • Strategic partnerships

These are the investment options Goldman Sachs Bank USA offers its clients.

Investment Choices Options
Supported Options Unsupported Options
  • Stocks
  • Mutual Funds
  • Bonds
  • Real Estate
  • International Stocks
  • Options
  • FOREX
  • Futures
  • Pink Sheets / OTCBB
  • Startups
  • Marketplace Loans
  • Cryptocurrencies
  • ETFs

What is the minimum amount you have to invest to open an account with Goldman Sachs Bank Private Wealth Management?

The minimum amount to open an account with Goldman Sachs Bank Private Wealth Management is 10000000. The median account with Goldman Sachs Bank Private Wealth Management has $55,000,000 under management.
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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Investment Expense Ratios 0.2% - 9.9%
Median Account $55,000,000
U.S. AUM (billions) $902.50
Wealth Managers 896
Minimum Initial Investment $10,000,000
Investment Vehicles
  • Real estate debt
  • Real estate securities
  • Separate accounts
Wealth Management Expertise
  • Investing Advice
  • Real Estate Investing
  • Tax Planning
Wealth Management Services Offered
  • Accounting
  • Acquisitions and dispositions
  • Cash management
  • Estate Planning
  • Investment Advice
  • Strategic Research
  • Tax Planning

Goldman Sachs Bank Private Wealth Management Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

+100%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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