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RIA comparison · SEC Form ADV

Sequoia Financial Group, L.L.C. vs Goldman Sachs Wealth Services, L.P.

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Sequoia Financial Group, L.L.C. is the larger of the two, with $32B in regulatory assets to $32B at Goldman Sachs Wealth Services, L.P., 2% more than its rival, by their latest Form ADV filings. Goldman Sachs Wealth Services, L.P. reports more individual clients (115,350 vs 11,064), while Sequoia Financial Group, L.L.C’s clients hold more on average (about $2.7 million each against $220,000). Sequoia Financial Group, L.L.C. is based in Akron, Ohio and Goldman Sachs Wealth Services, L.P. in Cohoes, New York.

FigureSequoia Financial Group, L.L.C.Goldman Sachs Wealth Services, L.P.
Regulatory AUM$32B$32B
National rank#32#33
HeadquartersAkron, OhioCohoes, New York
Individual clients11,064115,350
High-net-worth clients4,55638,800
Average client assets$2.7 million$220,000
Accounts39,63636,184
Discretionary95% of AUM100% of AUM
Employees4241,923
Advisory staff1951,134
Clients per advisory employee57102
Offices3924
Form ADV filed2026-08-242026-06-15

Sequoia Financial Group, L.L.C.

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Periodicals or newsletters
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Subscription fees
  • Fixed fees
  • Performance-based fees

Goldman Sachs Wealth Services, L.P.

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Selecting other advisers
  • Periodicals or newsletters
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Subscription fees
  • Fixed fees

Questions

Which is bigger, Sequoia Financial Group, L.L.C. or Goldman Sachs Wealth Services, L.P.?

Sequoia Financial Group, L.L.C., with $32B in regulatory assets under management against $32B at Goldman Sachs Wealth Services, L.P. Nationally they rank #32 and #33 among 5,657 independent wealth management RIAs.

How many clients do Sequoia Financial Group, L.L.C. and Goldman Sachs Wealth Services, L.P. have?

Sequoia Financial Group, L.L.C. reports 11,064 individual clients (4,556 high-net-worth) with 195 advisory employees; Goldman Sachs Wealth Services, L.P. reports 115,350 (38,800 high-net-worth) with 1,134 advisory employees.

How do Sequoia Financial Group, L.L.C. and Goldman Sachs Wealth Services, L.P. charge clients?

Only Sequoia Financial Group, L.L.C. lists performance-based fees on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Sequoia Financial Group, L.L.C. and Goldman Sachs Wealth Services, L.P. offer?

Sequoia Financial Group, L.L.C. lists portfolio management for pooled investment vehicles; pension consulting, which Goldman Sachs Wealth Services, L.P. does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers; periodicals or newsletters; educational seminars and workshops.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Sequoia Financial Group, L.L.C. ↗, Goldman Sachs Wealth Services, L.P. ↗. How to check a financial advisor →