
Goldman Sachs Ayco is a financial services company that provides employee benefits and financial planning to its clients. It was founded in 1979 by Goldman Sachs.
Ayco's services include financial planning, investment advice, and employee benefits administration. These services are designed to help individuals make informed decisions about their financial futures.
Ayco's financial planning services cover a range of topics, including retirement planning, estate planning, and tax planning.
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What is Goldman Sachs Ayco?
Goldman Sachs Ayco is an investment advisory firm located in Cohoes, NY, that has been providing investment advisory services since 1994.
The firm is registered with the relevant authorities and offers investment advice only, which means it doesn't engage in any sales-related activities.
Goldman Sachs Ayco's fee arrangement is fee-based, where clients pay a fee based on the assets under management, aligning the firm's interests with those of its clients.
This fee structure is tied to the performance of the clients' portfolios, making it a transparent and predictable way to pay for investment advice.
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The firm offers a range of services, including financial planning, portfolio management for individuals and small businesses, and the selection of other advisors.
Goldman Sachs Ayco caters to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, and charitable organizations.
The firm provides comprehensive financial advice and solutions, regardless of the client's background or needs, with an extensive reach and personalized approach.
To ensure flexibility and ease of access to its services, Goldman Sachs Ayco offers several fee structures, including a percentage of assets under management, hourly fees, subscription to newsletters or periodicals, or fixed fees.
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Services and Features
Goldman Sachs Ayco offers financial planning services to help you prepare for life's events, such as retirement and funding your child's education.
Their portfolio management services involve selecting and strategically managing investment combinations tailored to your needs.
The firm also provides market timing services, which aim to generate short-term profits by buying at low prices and selling at high prices.
If you need specialized expertise, Goldman Sachs Ayco can support you in selecting and engaging other advisors who complement your financial needs.
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Ayco Personal Financial Management Services

Goldman Sachs Ayco Personal Financial Management offers a range of services to help you achieve your financial goals.
Financial planning services are available to devise strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market timing services involve trying to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Ayco also offers comprehensive financial management for institutions, including executives and broad-based populations, not-for-profits, high-net-worth individuals, and their families.
In 2003, Goldman Sachs acquired Ayco, which had approximately $7 billion in client assets at the time.
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This figure grew more than tenfold over the next decade to $75 billion in 2018.
Ayco now provides financial counseling to employees at all levels on Google's US-based staff through a technology-based platform.
The firm offers a fee-based compensation structure, which means clients pay a fee based on the assets under management, aligning the interests of the firm with those of its clients.
Goldman Sachs Ayco Personal Financial Management caters to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other types of clients.
The firm provides several fee structures for its clients, including a percentage of assets under management, hourly fees, subscription to newsletters or periodicals, or fixed fees.
This allows clients to select an option that best aligns with their financial goals, while also providing transparency and predictability over associated costs.
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Fee Structures
Let's break down the fee structures of our services. We offer a tiered pricing system, with three main levels: Basic, Premium, and Enterprise.

The Basic plan costs $19.99 per month and includes 10GB of storage.
Our Premium plan is the most popular choice, costing $49.99 per month and offering 50GB of storage.
The Enterprise plan is designed for large businesses, costing $99.99 per month and providing 100GB of storage.
Additional storage can be added to any plan for an extra $10 per month.
We also offer a free trial period for all plans, allowing you to test our services before committing.
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Acquisition and Expansion
In 2003, Goldman Sachs acquired Ayco, a leading provider of fee-based financial counseling, to expand its wealth management offerings.
Ayco's roots date back to 1971 when Bill Aydelotte and Jim Conway founded Ayco Planning Services, Inc. to provide corporate-sponsored financial counseling to executives.
By 2003, Ayco had grown into a full-service financial management firm serving individuals and institutions, with offices around the United States, and employed nearly 1,100 professionals.
At the time of its acquisition, Ayco had approximately US$7 billion in client assets.

This figure grew more than tenfold over the next decade to US$75 billion in 2018, a significant milestone for the company.
Ayco secured a mandate to provide financial counseling to employees at all levels on Google's US-based staff through a technology-based platform in 2018, one of the largest such deals it had signed to date.
The Ayco acquisition signaled Goldman Sachs' commitment to broadening both the array of services it offered its private wealth clients and the range of clients the firm served.
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Client Information
Goldman Sachs Ayco is a wealth management and financial planning service designed for employees of Fortune 1000 companies.
The service offers personalized financial planning and investment advice to help clients achieve their financial goals.
Ayco's services are tailored to meet the unique needs of each client, taking into account their individual circumstances and goals.
Ayco's team of financial advisors work closely with clients to understand their financial situation and develop a customized plan to help them achieve their objectives.
Ayco's services include investment management, retirement planning, estate planning, and tax planning, among others.
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Frequently Asked Questions
Is Ayco the same as Goldman Sachs?
No, Ayco is a separate company that was acquired by Goldman Sachs in 2003, but it operates independently as a leading provider of fee-based financial counseling. Today, Ayco is a subsidiary of Goldman Sachs, offering comprehensive financial planning and wealth management services.
How much do Goldman Sachs interns make at AYCO?
Goldman Sachs interns at AYCO make an estimated $20.86 per hour. This rate is based on the company's estimated middle value for intern base pay in the United States.
Sources
- https://www.goldmansachs.com/our-firm/history/moments/2003-ayco
- https://www.financestrategists.com/wealth-management/columbia-county-ny/goldman-sachs-ayco-personal-financial-management-106693/
- https://www.corporatewellnessmagazine.com/article/goldman-sachs-ayco-personal-financial-management-elite-financial-guidance
- https://www.cbinsights.com/company/ayco-personal-financial-management
- https://www.wealthmanagement.com/industry/inside-goldman-duran-and-team-bring-pfm-and-ayco-together
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