Goldman names 109 partners, roughly 30% from wealth unit

Goldman Sachs named 109 partners on Nov. 5, its largest class since 2010 and up from 95 in 2024, with roughly 30% drawn from Asset & Wealth Management, InvestmentNews first reported. The appointments take effect Jan. 1, 2027.

The title dates to Goldman's era as a private firm, when partners pooled their own money to back trading and investment banking and split the resulting profits or losses, according to InvestmentNews. Chief executive David Solomon said those promoted had distinguished themselves through "their differentiated impact on our global franchise and ongoing focus on managing risk effectively."

Several of the new AWM partners are based outside New York, in Chicago, West Palm Beach, Dallas, Irvine, London, Singapore, Hong Kong, Tokyo and Sydney, a spread InvestmentNews ties to Goldman's effort to take private wealth beyond its northeastern base and reach ultra-high-net-worth clients in growth markets. For advisors and recruiters chasing those same clients, that means a competitor who can open a pitch with the partner title and a named list of titled bankers who would likely be less easy to move.

Across the full 109, 85% sit in revenue-producing divisions spanning global banking and markets as well as asset and wealth management, per the report.

Wealth management fees rose 17% year over year to $1.77 billion in the first quarter of 2026, according to InvestmentNews. The alternatives platform contributed $597 million in management and other fees, up 13% from the first quarter of 2025. The private wealth arm serves ultra-high-net-worth individuals and select institutions including foundations and endowments, and Goldman's asset management business posted record assets under supervision in early 2026 even as rivals faced redemption pressure in private credit, a result the firm attributed in part to its institutional-heavy investor base within AWM.

Moves Wire records one Goldman move in the past 12 months, a departure: Ian Roth left for UBS as a Senior Market Director on Aug. 31, 2026.

Earlier in 2026, Goldman elevated seven AWM leaders to its management committee, expanding that body to 46 members and tightening coordination across the wealth and private credit businesses, per InvestmentNews. The Nov. 5 class extends that push deeper into the firm's ranks.