Goldman Sachs Offers Tool to Help Advisers Select Funds

Goldman Sachs Asset Management (GSAM) launched a retirement plan analysis tool to help financial advisers determine the right fund line-ups for retirement plans.

GSAM has teamed up with Morningstar Advisor Workstation, including the Defined Contribution Plan analysis module, to offer the service.

According to a news release from GSAM, some of the key features of this tool help financial advisers to:

  • compare a retirement plan’s current investment line-up to a proposed line-up by analyzing retirement plan-level statistics;
  • ensure consistency with the investment policy statement;
  • view style diversity, consistency, risk and return, and category performance scores for entire plans and individual funds in one process;
  • show fee and fund expenses to outline a plan’s overall costs.