Goldman Sachs Asset Management International is a large advisory firm based in London. It manages $278.34 billion of regulatory assets for 1,290 client accounts. It has been registered with the SEC as an adviser since 2001.
Goldman Sachs Asset Management International provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Goldman Sachs Asset Management International is $278.34 billion. The firm's AUM has grown by 312% since the beginning of its operation, and $276.15 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Goldman Sachs Asset Management International for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Theodore Thomas Sotir is pooled investment vehicles with 141 clients and $184.8 billion of assets under management. Among the 11 most similar advisory firms, Goldman Sachs Asset Management International has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $277.33 billion for 806 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 98% of the firm’s clients are foreign persons or businesses.
Goldman Sachs Asset Management International also advises several private funds. Namely, thirteen hedge funds, six liquidity funds, eight other private funds, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.
The company employs 334 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Theodore Thomas Sotir has been acting as President since 1 May 1996. Michael Nmn Holmes joined the executive team most recently as the Chief Financial Officer, Director.
The principal office where Goldman Sachs Asset Management International performs its advisory services is located at Plumtree Court, London, Ec4 A 4 Au, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 011-44-207-774-1000 or by fax 212-357-5281. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at gsam.com and its LinkedIn profile.