Goldman Sachs Hedge Fund Strategies LLC

CRD#107850
Investment Advisor Firm

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Learn more about Goldman Sachs Hedge Fund Strategies LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Goldman Sachs Hedge Fund Strategies LLC is located at 200 West Street, New York, NY. The firm employs 14 financial advisors to manage client portfolios and provide financial guidance. Goldman Sachs Hedge Fund Strategies LLC is not a registered broker-dealer.

    Goldman Sachs Hedge Fund Strategies LLC oversees $11.3 billion in assets under management across 118 accounts, of which 115 are discretionary and 3 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, and educational seminars. The firm caters to a diverse range of investors, including retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, other investment advisers, insurance companies, sovereign wealth funds, and corporations. High net worth investors represent the largest client type by accounts, with 254 high net worth clients. The fee structure at Goldman Sachs Hedge Fund Strategies LLC includes asset-based, fixed, performance-based, and other fees. The firm maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, pension consultant, and commodity pool advisor.

    Goldman Sachs Hedge Fund Strategies LLC is registered in the states of Florida, Texas, and Utah.

    Assets Under Management

    $11.3 billion

    Number of Advisors

    14

    Disclosures

    No

    Office Location

    200 West Street
    New York, NY 10282

    Goldman Sachs Hedge Fund Strategies LLC by the Numbers

    Total Assets Under Management

    $11.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    27

    National Average: 64
    Total Number of Accounts

    118

    National Average: 375,227
    Average Account Size

    $95.6 million

    National Average: $23.0 thousand
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    Products and Services

    Goldman Sachs Hedge Fund Strategies LLC offers multiple financial services, including portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, and educational seminars. However, Goldman Sachs Hedge Fund Strategies LLC did not provide financial planning services to any of its customers in the prior financial year. The Firm does not sell products or offer services other than investment advice to its investment advisory clients.

    Core Advisor Services

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      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Offered by 6% of firms

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Financial management fees largely depend on the type of services offered. Fees charged by Goldman Sachs Hedge Fund Strategies LLC can consist of some blend of the following fee types: asset-based, fixed, performance-based, or other.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

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    Types of Clients

    The firm does business with a number of different customers. It provides services to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, other investment advisers, insurance companies, sovereign wealth funds, corporations, and other. Out of its 10 clients, Goldman Sachs Hedge Fund Strategies LLC's largest client type by number of accounts is pooled investment vehicles, but it also caters to 254 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 30.79%
    • Other Individuals - 22.18%
    • Corporations - 40.12%
    • Charitable Organizations - 6.91%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Goldman Sachs Hedge Fund Strategies LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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