Goldman Faucets Sara Naison-Tarajano to Lead Ayco Unit

Sara Naison-Tarajano, a 27-year veteran of Goldman Sachs, is the brand new head of Ayco, the $26 billion AUM division which gives corporate-sponsored office monetary planning. She replaces David Fox, who will retire after 27 years with Goldman. Fox took on the function a couple of yr in the past, following Larry Restieri’s departure. Restieri now serves as CEO of Hightower. 

Naison-Tarajano most just lately served as international head of personal wealth administration capital markets and international head of Goldman Sachs Apex, which providers household workplaces. She’ll proceed within the function as international head of the Goldman companion workplace. 

She joined Goldman as an analyst within the funding banking division in 1999, and labored her means up by means of the group. She turned a managing director in 2012 and companion in 2020. 

Ayco was based in 1971, and the enterprise was acquired by Goldman in 2003, when it had about $6 billion below administration. 

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When Goldman Sachs acquired United Capital, the RIA platform constructed by Joe Duran, in 2019, it sought to combine United Capital with Ayco to profit from consumer referrals. Goldman introduced the 2 collectively below one company umbrella referred to as the Goldman Sachs Private Monetary Administration Group, co-headed by Duran and Restieri. 

In 2023, Goldman bought the previous United Capital enterprise to Artistic Planning, with Ayco remaining with the agency. On the time, Goldman CEO David Solomon stated the agency would focus its efforts on serving ultra-high-net-worth traders, coated by the agency’s Non-public Wealth Administration and Ayco companies. 

Ayco just lately launched a referral program with Artistic Planning, Mercer Advisors and Wealth Enhancement, based on the RIAs, that are among the many largest in america.