Goldman Sachs & Co. LLC

Registered investment adviser · New York, NY · CRD #361

Form ADV data as of 2026-09-01

Regulatory assets

$133.64 billion

Total accounts

46,269

Employees

2,268

Disclosure events

771

Firm details

Website: http://www.goldmansachs.com
Telephone: 212-902-1000
SEC file number: 801-16048
Most recent Form ADV filing: 2026-07-27
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 19 disclosure questions answered Yes, covering 771 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Charged with a felony (past 10 years)
Convicted of or pled guilty/no contest to an investment-related misdemeanor (past 10 years)
Charged with an investment-related misdemeanor (past 10 years)
SEC or CFTC found a false statement or omission
SEC or CFTC found a violation of its regulations or statutes
SEC or CFTC entered an order in connection with investment-related activity
SEC or CFTC imposed a civil money penalty or a cease-and-desist order
Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)
Another regulator denied, suspended, or revoked a registration or restricted activity
A self-regulatory organization found a false statement or omission
A self-regulatory organization found a violation of its rules
An authorization to act as an attorney, accountant, or federal contractor was revoked or suspended
Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
A court enjoined the firm in connection with investment-related activity (past 10 years)
A court found involvement in a violation of investment-related statutes or regulations
A court dismissed an investment-related civil action under a settlement agreement
Currently subject to a civil proceeding that could result in a disclosure under 11.H.(1)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$133.35 billion
Non-discretionary regulatory assets under management	$289.9 million
Total regulatory assets under management	$133.64 billion
Discretionary accounts	46,265
Non-discretionary accounts	4
Total accounts	46,269
Regulatory assets under management attributable to non-U.S. persons	$9.08 billion

People

Total employees (excluding clerical)	2,268
Employees performing investment advisory functions (including research)	1,765
Employees who are registered representatives of a broker-dealer	1,698
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	60
Firms or persons who solicit advisory clients on the firm's behalf	1

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$132.36 billion
Clients for whom the firm has custody	46,194
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
Client funds and securities held in a related person's custody	$0
Clients for whom a related person has custody	0
The firm acts as a qualified custodian	Yes
A related person acts as a qualified custodian	Yes
Number of persons acting as qualified custodians for the firm's clients	91

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)CommissionsPerformance-based feesOther

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Publication of periodicals or newslettersEducational seminars/workshops

Other business activities

Broker-dealer (registered or unregistered)Commodity pool operator or commodity trading advisorFutures commission merchantRegistered municipal advisorRegistered security-based swap dealer

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Registered security-based swap dealerCommodity pool operator or commodity trading advisorFutures commission merchantBanking or thrift institutionTrust companyInsurance company or agencyPension consultantSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys securities from or sells securities to advisory clients (principal transactions)
Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Recommends securities in which it has another sales interest
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Receives soft dollar benefits
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
High net worth individuals	29,104	$50.96 billion
Pension and profit sharing plans (not the participants or government plans)	9	$4.7 million
Charitable organizations	1,040	$17.53 billion
State or municipal government entities (including government pension plans)	1	$5.8 million
Insurance companies	28	$288.9 million
Corporations or other businesses not listed above	506	$16.94 billion
Other	15,580	$47.92 billion