Goldman Sachs – recognised as North America’s best for ultra-high-net-worth (UHNW) clients this year – maintains a strong focus on the wealthiest clients globally, and within its North American home market.
This contrasts with some competitors’ strategies to expand among mass-affluent clients in the US, often through acquisitions. At Goldman Sachs, the average account size is relatively high, far exceeding what could be considered a mass-market offering. During the review period, it could demonstrate impressive inflows from UHNW clients, with a notably large volume of inflows from just a handful of clients in some cases.
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