DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Goldman Sachs Wealth Services, L.P.

Broker-dealer affiliated wealth managerCohoes, New YorkCRD 106693SEC 801-48238websiteIAPD
Latest filing Jun 15, 2026
First filing on the tape Mar 30, 2012 · 95 filings
SEC status approved since Dec 9, 1994
RAUM
$32B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
78%
$25B individuals and HNW
Advisors
1,098
registered through the firm on IAPD
RAUM per advisor
$28.9M
derived; firm RAUM over IAPD count
Employees
1,923
1,134 advisory (5.B.1)
Offices
23
beyond the principal office
Private funds
0
reported on Schedule D
History
95 filings and snapshots on the tape
RAUM$32B as of Jun 15, 2026
Mar 30, 2012$17B then
HNW client RAUM$25B as of Jun 15, 2026
Mar 29, 2018$32B then
State-registered IARs (5.B.3)1,084 as of Jun 15, 2026
Apr 1, 2013357 then
Employees (5.A)1,923 as of Jun 15, 2026
Apr 1, 20131,043 then
Private funds: no history
RAUM +22% over the last fiscal year+3.5% a year over threeIARs 1,055 to 1,084
Practice profile
derived from the filing of Jun 15, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$28.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
105derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$639,624derivedHNW RAUM over HNW clients
Average account
$875,756derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
45.6derived24 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+2.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.2%derived
Compensation
percentage of assets, hourly, fixed fees, subscriptionreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, educational seminarsreportedItem 5.G
Financial planning clients
104,000reportedItem 5.H
Custody
$507M, 536 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$25B96%
  • Charitable organizations$902M3.5%
  • Corporations and businesses$107M0.4%
  • Pension and profit-sharing plans$6.9M0.0%
Individual clients
76,550reported
HNW clients
38,800reported
Pension plan clients
9reported
Charitable clients
75reported
Accounts
36,184reported
Financial planning clients
104,000reported
Wrap fee programs
noreported
Custody of client assets
$507M for 536 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.78 fund_share=0.0 institutional_share=0.03 related_bd=true related_bank=true bd_reps=1271.0derived
Advisors registered through the firm
1,097 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kevin Alan KingNewport Beach, CaMar 23, 199538 y0
Jeffrey Victor DemaioNewport Beach, CaDec 11, 199731 y0
Rick Alan LoweNewport Beach, CaDec 11, 199730 y0
William Blake HunnicuttNewport Beach, CaFeb 27, 199830 y0
Rachelle Fragnito-DufaultNewport Beach, CaFeb 27, 199830 y0
Richard Sean BarryNewport Beach, CaFeb 27, 199831 y0
John Patrick ToohigNewport Beach, CaJul 20, 199830 y0
Heidi Gay GoettingDeerfield, IlFeb 26, 199932 y0
Michael Paul CumminsDallas, TxDec 30, 199927 y0
Roger H ShaarNewport Beach, CaMay 11, 200029 y0
Christopher Michael BladesNewport Beach, CaMay 11, 200028 y0
Christine Louise ThornburgDeerfield, IlMay 11, 200029 y0
Darryl Bennett RichardsonNewport Beach, CaMay 11, 200028 y0
Michael Francis LagoyCanonsburg, PaJun 14, 200030 y0
Ryan Michael MulderigTroy, Mi Jun 14, 200027 y0
Carl Wayne CuffDallas, TxSep 1, 200031 y0
Randy Dale RoeDallas, TxNov 3, 200032 y0
John F WetterauCanonsburg, PaNov 20, 200028 y0
Janice JimNewport Beach, CaDec 4, 200027 y0
Joseph Chia-Yen LiaoNewport Beach, CaMar 14, 200126 y0
James Francis O'NeillDallas, TxApr 16, 200129 y0
Sean Thomas KoelblDeerfield, IlApr 19, 200127 y0
Richard L SchannenDallas, TxOct 8, 200128 y0
Samuel ChaconDallas, TxJun 17, 200224 y0
Graham Bryce ForresterNewport Beach, CaJun 28, 200225 y0
Michael Joseph AguadoMorristown, NjJul 1, 200227 y0
Jeffrey VariscoMorristown, NjJul 17, 200228 y0
Alim Sekip OzbilgeMorristown, NjJul 30, 200228 y0
Sandra Beth O'GormanMorristown, NjJul 30, 200232 y0
Ariane Leigh AusterLivingston, Nj Jul 30, 200232 y0
Linda BoneyMorristown, NjJul 30, 200232 y0
Eric Peter DegrandpreMorristown, NjJul 30, 200226 y0
Florence Marie DessourcesMorristown, Nj Jul 30, 200227 y0
Thomas Patrick CawleyBernardsville, Nj Jul 30, 200225 y0
David Ferdinand KaiserMorristown, NjJul 30, 200240 y0
Erick D MccreightNewport Beach, CaNov 19, 200228 y0
Kendra Lashawn MccartneyHouston, Tx Dec 4, 200227 y0
Adam J FriedMorristown, Nj Jan 7, 200330 y0
Christopher John KernAtlanta, GaJan 5, 200424 y0
Christine Elizabeth KappFountain Valley, Ca Jan 5, 200423 y0
All 1,097 advisors at Goldman Sachs Wealth Services, L.P.
Advisor movement
57 left, 17 joined in 12 months
net -40 in 12 months8 left in 90 days4 joined in 90 daysdeparture rate 5.2% of current headcount163 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Kyle Kinowski · Vice President, Assistant Secretarycontrol
    since 06/2024 · owns less than 5%
  • M Shelley Luks · Vice President, Treasurercontrol
    since 01/2021 · owns less than 5%
  • Sara Naison-Tarajano · President, Chief Executive Officercontrol
    since 03/2026 · owns less than 5%
  • Joseph Lawrence Restieri · Chief Executive Officer, Presidentcontrol
    since 02/2018 · owns less than 5%
  • Elizabeth Diana Ryan · Vice President, Chief Compliance Officercontrol
    since 06/2024 · owns less than 5%
  • Patrick Jason Shepard · Vice President, Secretary Compliance Officercontrol
    since 06/2024 · owns less than 5%
Entity owners
  • Gs Ayco Holding LLC · Limited Partner
    direct · owns 75% or more
  • Saratoga Springs LLC · General Partner
    direct · owns less than 5%
  • Gs Ayco Holding LLC · Sole Member And Manager
    indirect · owns 75% or more of Saratoga Springs LLC
  • Imd Holdings LLC · Sole Member And Manager
    indirect · owns 75% or more of Gs Ayco Holding LLC
  • The Goldman Sachs Group, Inc. · Sole Member And Manager
    indirect · owns 75% or more of Imd Holdings LLC · public reporting company
Related persons
Schedule D 7.A
Advisers that list Goldman Sachs Wealth Services, L.P. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Cohoes, Ny · principal31465221
Newport Beach, Ca1593461
Deerfield, Il107232
Morristown, Nj95212
Dallas, Tx88171
New York, Ny85220
Atlanta, Ga7181
Troy, Mi4081
Irving, Tx34610
Canonsburg, Pa3087
Boston, Ma2730
Saratoga Springs, Ny2300
Jersey City, Nj2010
Chicago, Il1331
Miami, Fl1230
Houston, Tx1000
Seattle, Wa730
San Francisco, Ca630
Minneapolis, Mn510
Philadelphia, Pa510
Offices
Schedule D 1.F, the 25 largest
  • Newport Beach, CA141 employees
  • Parsippany, NJ82 employees
  • Deerfield, IL80 employees
  • Atlanta, GA67 employees
  • Dallas, TX66 employees
  • Irving, TX50 employees
  • New York, NY50 employees
  • Saratoga Springs, NY39 employees
  • Canonsburg, PA32 employees
  • Troy, MI28 employees
  • Boston, MA22 employees
  • Houston, TX9 employees
  • Chicago, IL9 employees
  • San Francisco, CA8 employees
  • Miami, FL8 employees
  • Washington, DC7 employees
  • Seattle, WA5 employees
  • Westport, CT5 employees
  • Minneapolis, MN4 employees
  • Philadelphia, PA3 employees
  • Boulder, CO1 employees
  • Charleston, SC1 employees
  • West Palm Beach, FL1 employees
  • Austin, TX1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jun 15, 2026
    NAISON-TARAJANO, SARA (PRESIDENT, CHIEF EXECUTIVE OFFICER) appeared on Schedule A between the filings of 2024-07-01 and 2026-06-15
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Jun 15, 2026
    RYAN, DIANA, ELIZABETH (VICE PRESIDENT, CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-07-01 and 2026-06-15
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Jun 15, 2026
    RESTIERI, LAWRENCE, JOSEPH (CHIEF EXECUTIVE OFFICER, PRESIDENT) left Schedule A between the filings of 2024-07-01 and 2026-06-15
    peers: affiliated wealth managers, $20B and over (50)
Data quality: total accounts (5.F.2.f) is below the private client count (5.D) by half or more on the filing of 2026-06-15
What changed
consecutive filings, newest first
  • Accounts · 33,477 to 36,184
    Feb 19, 2026 to Mar 31, 2026
  • Advisory employees · 1,055 to 1,134
    Feb 19, 2026 to Mar 31, 2026
  • BD registered reps · 1,250 to 1,271
    Feb 19, 2026 to Mar 31, 2026
  • Charity clients · 60 to 75
    Feb 19, 2026 to Mar 31, 2026
  • Corporate clients · 32 to 30
    Feb 19, 2026 to Mar 31, 2026
  • HNW clients · 37,000 to 38,800
    Feb 19, 2026 to Mar 31, 2026
  • Individual clients · 82,200 to 76,550
    Feb 19, 2026 to Mar 31, 2026
  • Pension plan clients · 14 to 9
    Feb 19, 2026 to Mar 31, 2026
  • Employees · 1,809 to 1,923
    Feb 19, 2026 to Mar 31, 2026
  • State-registered IARs · 1,055 to 1,084
    Feb 19, 2026 to Mar 31, 2026
  • Discretionary RAUM · $26B to $32B
    Feb 19, 2026 to Mar 31, 2026
  • HNW RAUM · $21B to $25B
    Feb 19, 2026 to Mar 31, 2026
  • Pension RAUM · $8.3M to $6.9M
    Feb 19, 2026 to Mar 31, 2026
  • RAUM · $26B to $32B
    Feb 19, 2026 to Mar 31, 2026
  • Wrap assets (manager) · 1875000.0 to unset
    Feb 19, 2026 to Mar 31, 2026
  • Wrap assets (sponsor) · 0.0 to unset
    Feb 19, 2026 to Mar 31, 2026
  • Financial planning clients · More than 500 to More than 500
    Apr 14, 2025 to Jul 1, 2025
  • Accounts · 46,004 to 33,477
    Feb 10, 2025 to Apr 14, 2025
  • Advisory employees · 997 to 1,055
    Feb 10, 2025 to Apr 14, 2025
  • BD registered reps · 1,156 to 1,250
    Feb 10, 2025 to Apr 14, 2025
  • Business name · THE AYCO COMPANY, L.P. to GOLDMAN SACHS WEALTH SERVICES, L.P.
    Feb 10, 2025 to Apr 14, 2025
  • Charity clients · 46 to 60
    Feb 10, 2025 to Apr 14, 2025
  • Corporate clients · 30 to 32
    Feb 10, 2025 to Apr 14, 2025
  • HNW clients · 33,900 to 37,000
    Feb 10, 2025 to Apr 14, 2025
  • Individual clients · 90,200 to 82,200
    Feb 10, 2025 to Apr 14, 2025
  • Pension plan clients · 25 to 14
    Feb 10, 2025 to Apr 14, 2025
  • Assets in custody · $473M to $507M
    Feb 10, 2025 to Apr 14, 2025
  • Employees · 1,792 to 1,809
    Feb 10, 2025 to Apr 14, 2025
  • State-registered IARs · 997 to 1,055
    Feb 10, 2025 to Apr 14, 2025
  • Legal name · THE AYCO COMPANY, L.P. to GOLDMAN SACHS WEALTH SERVICES, L.P.
    Feb 10, 2025 to Apr 14, 2025
  • Other offices · 24 to 23
    Feb 10, 2025 to Apr 14, 2025
  • Discretionary RAUM · $26B to $26B
    Feb 10, 2025 to Apr 14, 2025
  • HNW RAUM · $17B to $21B
    Feb 10, 2025 to Apr 14, 2025
  • Pension RAUM · $23.3M to $8.3M
    Feb 10, 2025 to Apr 14, 2025
  • RAUM · $26B to $26B
    Feb 10, 2025 to Apr 14, 2025
  • Wrap assets (manager) · $2.2M to $1.9M
    Feb 10, 2025 to Apr 14, 2025
  • Advisory employees · 875 to 997
    Nov 3, 2023 to Mar 28, 2024
  • Accounts · 68,279 to 46,004
    Nov 3, 2023 to Mar 28, 2024
  • BD registered reps · 1,122 to 1,156
    Nov 3, 2023 to Mar 28, 2024
  • Charity clients · 123 to 46
    Nov 3, 2023 to Mar 28, 2024
Signals
60 dated events
  • Daniel C Buff no longer holds an investment adviser registration (last listed at Goldman Sachs Wealth Services, L.P. on the 2026-09-16 feed)
    Sep 16, 2026 · Advisor registration ended · derived
  • Trifol Headman no longer holds an investment adviser registration (last listed at Goldman Sachs Wealth Services, L.P. on the 2026-09-16 feed)
    Sep 16, 2026 · Advisor registration ended · derived
  • Rebecca Mason left Goldman Sachs Wealth Services, L.P. for Del-Sette Capital Management, LLC (registered 2026-08-24)
    Sep 16, 2026 · Advisor changed firm · fact
  • Brandon Francis Shimoun left Goldman Sachs Wealth Services, L.P. for Focus Partners Wealth, Llc (registered 2026-09-08)
    Sep 10, 2026 · Advisor changed firm · fact
  • Krista H Li left Goldman Sachs Wealth Services, L.P. for Morgan Stanley (registered 2026-09-07)
    Sep 8, 2026 · Advisor changed firm · fact
  • Haley Marie Hawk left Goldman Sachs Wealth Services, L.P. for Rockefeller Capital Management (registered 2026-07-16)
    Aug 3, 2026 · Advisor changed firm · fact
  • Shayn Richard Foley left Goldman Sachs Wealth Services, L.P. for Cerity Partners Llc (registered 2026-07-17)
    Aug 3, 2026 · Advisor changed firm · fact
  • Erin Patricia Kavanaugh left Goldman Sachs Wealth Services, L.P. for Cerity Partners Llc (registered 2026-06-16)
    Jul 9, 2026 · Advisor changed firm · fact
  • Camille Aman Tambunting left Goldman Sachs Wealth Services, L.P. for Alliancebernstein L.P. (registered 2026-08-03)
    Jul 6, 2026 · Advisor changed firm · fact
  • Nancy R Derusso left Goldman Sachs Wealth Services, L.P. for Park Avenue Securities Llc (registered 2026-09-10)
    Jun 23, 2026 · Advisor changed firm · fact
  • Lauren Abigail Heck left Goldman Sachs Wealth Services, L.P. for J.P. Morgan Securities Llc (registered 2026-06-09)
    Jun 16, 2026 · Advisor changed firm · fact
  • Lukas Olson Sonka left Goldman Sachs Wealth Services, L.P. for Rockefeller Capital Management (registered 2026-06-24)
    Jun 16, 2026 · Advisor changed firm · fact
  • Alison Elizabeth Miller left Goldman Sachs Wealth Services, L.P. for Ubs Financial Services Inc. (registered 2026-06-04)
    Jun 9, 2026 · Advisor changed firm · fact
  • Christina Marie Ferguson left Goldman Sachs Wealth Services, L.P. for Cerity Partners Llc (registered 2026-05-14)
    Jun 3, 2026 · Advisor changed firm · fact
  • Devin Michael Young left Goldman Sachs Wealth Services, L.P. for Principal Advised Services (registered 2026-05-26)
    Jun 2, 2026 · Advisor changed firm · fact
  • Richard To left Goldman Sachs Wealth Services, L.P. for J.P. Morgan Securities Llc (registered 2026-09-01)
    May 26, 2026 · Advisor changed firm · fact
  • Trent Carter Adams left Goldman Sachs Wealth Services, L.P. for Raymond James Financial Services Advisors, Inc (registered 2026-04-27)
    May 20, 2026 · Advisor changed firm · fact
  • Jason Phillip Suway left Goldman Sachs Wealth Services, L.P. for Modera Wealth Management, Llc (registered 2026-07-07)
    May 20, 2026 · Advisor changed firm · fact
  • Alexander Jeffrey Gido left Goldman Sachs Wealth Services, L.P. for Schwab Wealth Advisory, Inc. (registered 2026-06-23)
    May 19, 2026 · Advisor changed firm · fact
  • Morgan Sierra Tibble left Goldman Sachs Wealth Services, L.P. for Lpl Financial Llc (registered 2026-04-20)
    May 14, 2026 · Advisor changed firm · fact
  • Juan Martin Ponce left Goldman Sachs Wealth Services, L.P. for Fisher Investments (registered 2026-05-19)
    May 13, 2026 · Advisor changed firm · fact
  • Muriel Mary Dol left Goldman Sachs Wealth Services, L.P. for Voya Financial Advisors, Inc. (registered 2026-04-17)
    May 5, 2026 · Advisor changed firm · fact
  • Domonique Lockridge left Goldman Sachs Wealth Services, L.P. for Empower Advisory Group, Llc (registered 2026-05-26)
    May 5, 2026 · Advisor changed firm · fact
  • Kyle A Moffitt left Goldman Sachs Wealth Services, L.P. for Lpl Financial Llc (registered 2026-03-02)
    Apr 9, 2026 · Advisor changed firm · fact
  • Eric D Longstreth left Goldman Sachs Wealth Services, L.P. for Kestra Private Wealth Services, Llc (registered 2026-02-25)
    Mar 26, 2026 · Advisor changed firm · fact
  • William Hunter Boardman left Goldman Sachs Wealth Services, L.P. for Principal Securities, Inc. (registered 2026-03-02)
    Mar 5, 2026 · Advisor changed firm · fact
  • Carlee Kaitlyn Luciano left Goldman Sachs Wealth Services, L.P. for Cerity Partners Llc (registered 2026-02-24)
    Mar 3, 2026 · Advisor changed firm · fact
  • Fadel Krisht left Goldman Sachs Wealth Services, L.P. for Kestra Advisory Services, Llc (registered 2026-02-11)
    Feb 19, 2026 · Advisor changed firm · fact
  • Brian Barrett Noone left Goldman Sachs Wealth Services, L.P. for J.P. Morgan Securities Llc (registered 2026-02-05)
    Feb 18, 2026 · Advisor changed firm · fact
  • Holden Ziels left Goldman Sachs Wealth Services, L.P. for Prestige Wealth Management (registered 2026-01-27)
    Feb 18, 2026 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/goldman-sachs-aycoreportedpublic record, Form ADV, Sep 18, 2026
Website
goldmansachs.com/what-we-do/aycoreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
518-886-4000reportedpublic record, Form ADV, Jun 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$28.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026