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Our history

Our founders pioneered the concept of company-sponsored financial planning and established a culture of excellence that guides our core values and philosophy today.

 

Celebrating over 50 years of Goldman Sachs Ayco

In 2021, we celebrated 50 years in business—partnering with companies to provide a workplace financial planning benefit for their employees and executives.

Ayco through the years

1939

Bill Aydelotte developed the concept of fee-based
financial accounting

 

1971

Bill Aydelotte and Jim Conway formed Ayco Planning Services, Inc., offering corporate-sponsored financial planning to executives

 

1980

Formed financial planning for all-employees 

 

 

1983

Formed Family Office and the
Wealth Strategies Group
(Insurance)

Acquired by The American
Express Company

 

 

1987

Formed Tax Policy & Research

 

1988

Held the first Ayco InnerCircle™ conference 

 

1990

Formed SurvivorSupport®  

 

 

1993

Formed Private Wealth Management

 

1994

Bought out by senior management, resulting in The Ayco Company, LP

1995

Formed Ayco Charitable Foundation

 

1998

Formed Ayco Trust Advisory Service

 

2000

Launched digital platform for all-employee financial planning

 

2003

Acquired by The Goldman Sachs Group, Inc. 

 

2012

Launched Ayco Gives, an associate-led charitable giving program

 

2014

Formed financial planning for mid-level executives

 

2015

Launched Ayco Diversity Network 

 

2017

Launched evolved digital platform 

 

2020

Created our Multicultural Analyst Initiative to provide networking and career development support to our diverse workforce

Offered a standalone Group Education program in response to our corporate partners’ evolving needs during health and societal challenges

2021

Marked 50 years doing business

Became Goldman Sachs Ayco Personal Financial Management

Launched Financial Wellness Platform 2.0