Asset & Wealth Management-Los Angeles-Associate, Business Development-9265275

Goldman Sachs, Inc.; Los Angeles (CA); On-site; USD 120,000 - 135,000; Full time

Job summary

Goldman Sachs seeks an Associate, Business Development in Los Angeles to build and grow an advisory business for high-net-worth clients and select institutions. You will craft comprehensive wealth plans, showcase our investment platform, and coordinate tax and estate planning, private banking, and lending services.

You will source new opportunities, manage current relationships, and apply strong asset allocation insight to deliver tailored strategies using the firm’s global capabilities.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, Accounting, or related field required.
• Three years of experience in multi-asset allocation, institutional investment selection, and client advisory.
• Experience with Bloomberg or similar market data platforms and programming for data analysis is expected.
• Strong ability to source and develop new relationships via outbound activity.

Responsibilities

• Associate, Business Development to build an advisory business for high-net-worth clients and select institutions.
• Create comprehensive wealth management plans leveraging investment platform, tax, estate, and private banking services.
• Work one-on-one with clients to deliver customized strategies and asset allocation recommendations.
• Source new business opportunities and nurture existing client relationships through proactive outreach.
• Demonstrate investment acumen and deep knowledge of Goldman Sachs platform and capabilities.

Skills

Asset allocation

Investment analysis

Client relationship building

Cold outreach

Investment products knowledge

Options theory

Programming (VBA, Python, SQL)

Education

Bachelor's degree in Finance, Economics, Business Administration, Accounting, or related field

Tools

Bloomberg

VBA

Python

SQL

Job description

Job Description

Job Duties: Associate, Business Development with Goldman Sachs & Co. LLC in Los Angeles, California. Leverage prior background and experiences to build an advisory business. Create comprehensive wealth management plans for high-net-worth individuals and families, as well as select institutions, including foundations and endowments. Work one-on-one with clients to advise and deliver customized strategies drawn from the firm's deep investment experience, diverse wealth management capabilities, and global reach. Deliver the firm's investment platform, spanning all product and service offerings, including tax and estate planning, philanthropic planning, and private banking and lending services. Work to source and develop new business opportunities as well as support existing client relationships.Display a strong investment acumen and knowledge of the firm's platform and asset allocation strategies.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, Business Administration, Accounting, or related field and three (3) years of experience in the job offered or in a related role. Prior employment must include three (3) years of experience with:creating multi-asset allocation plans at an institutional level and assessing the suitability and relevance of specific investments to meet client objectives; filtering, analyzing and selecting investment products at an institutional level, including mutual funds, ETFs and other investment vehicles; trading stocks, bonds and derivatives at an institutional level, understanding the different trading algorithms, limits and techniques to minimize price impact; understanding of options theory and trading, including all elements that affect their pricing to assess the attractiveness of structured products; using market data platforms such as Bloomberg (API level), and using different programming languages (including VBA, Python, SQL) for data analysis purposes, as well as for process automation and optimization; and building rapport with current and prospective clients by soliciting and building new relationships through cold outreach and reasonable follow-up.

Salary Range: Annual base salary for this Los Angeles, California-based position is $120,000 - $135,000.

©The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.