Goldman Sachs | Our Firm (2024)

FAQs

Is Goldman Sachs a firm or company? ›

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

Our Trading and Principal Investments business facilitates customer transactions and takes proprietary positions through market-making in and trading of fixed income and equity products, currencies, commodities, and swaps and other derivatives.

Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management as well as wealth management and investment management via Goldman Sachs Personal Financial Management.

The Market Cap of JPM is over 3.5 times the size of GS. Both companies expect inflation to level in 2023 with less turbulent market activity.

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals.

Goldman Sachs is the premier investment bank in the world. With an acceptance rate of roughly 4%, it's harder to get into Goldman than it is to get into Harvard or Yale. Let me share how to get a job at Goldman Sachs from someone who did.

Goldman manages client assets over a broad range of strategies, which include equity, fixed income, and alternative investments. Alternative investments include hedge funds, credit funds, private equity, currencies, real estate, and asset allocation strategies.

Drawing on over 150 years of experience working with the world's leading businesses, entrepreneurs, and institutions, we mobilize our people, culture, technologies, and ideas to advance the success of our clients, broaden individual prosperity, and accelerate economic progress for all.

The Goldman–Sachs family is a family of Ashkenazi Jewish descent known for the leading investment bank Goldman Sachs.

You cannot purchase any securities (in an IPO or otherwise) from Goldman Sachs unless you already have an account with us. However, as our clients are primarily corporations, financial institutions, governments and high net worth individuals, we do not offer retail brokerage accounts.

How much money do you need to invest with Goldman Sachs? ›

Cash sweep and bank deposits are offered only through our affiliated bank. As noted above, clients must generally have a minimum of $10 million in investable assets to open an account.

The company has been criticized for lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation.

According to the latest TipRanks data, approximately 18.90% of Goldman Sachs Group (GS) stock is held by retail investors. Who owns the most shares of Goldman Sachs Group (GS)? Vanguard owns the most shares of Goldman Sachs Group (GS).

As a market leader in this business, Morgan Stanley has a more diversified revenue stream than Goldman Sachs, with wealth management providing nice balance when investment banking is down.

Goldman Sachs scored higher in 2 areas: Compensation & Benefits and Career Opportunities. BlackRock scored higher in 8 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, CEO Approval, Recommend to a friend and Positive Business Outlook.

The ownership structure of Goldman Sachs Group (GS) stock is a mix of institutional, retail and individual investors. Approximately 61.34% of the company's stock is owned by Institutional Investors, 19.75% is owned by Insiders and 18.90% is owned by Public Companies and Individual Investors.

His son-in-law, Samuel Sachs, joined the company in 1882. Goldman Sachs was privately held until launching an IPO in 1999. At the time, the offering was one of the largest financial services IPOs in U.S. history, with 69 million shares sold -- about 15% of the company's value -- and $3.66 billion raised.

Description of Business

Goldman Sachs & Co. LLC (GS&Co.), a limited liability company registered as a U.S. broker-dealer and futures commission merchant, together with its consolidated subsidiaries (collectively, the firm), is a wholly-owned subsidiary of The Goldman Sachs Group, Inc.

Goldman Sachs is different from its competitors because it is the only company that offers services in investment banking, securities trading, wealth management, investment research, and most recently, consumer banking through its Marcus savings and lending subsidiary.