Yahoo Finance·2026-03-25 04:01Group 1: Goldman Sachs - Goldman's asset and wealth management unit has experienced significant growth, with management fees and fees from alternatives increasing over 8% year over year to $2.37 billion in 2025 [2] - Alternatives saw record inflows of $115 billion last year, and Goldman expects to attract between $75 billion and $100 billion of new client assets annually into alternative investments [2] - By 2030, Goldman anticipates that alternative assets under supervision will reach $750 billion [2] Group 2: Strategic Initiatives - Goldman has been bolstered by strategic partnerships and acquisitions, including a partnership with T. Rowe Price to offer wealth and retirement products and the acquisition of Innovator Capital Management [6] - The firm is also targeting a return of 17% to 19% for its asset and wealth management division over the next three to five years [3] - Goldman plans to continue seeking growth opportunities in asset and wealth management through mergers and acquisitions [4] Group 3: BlackRock - BlackRock's CEO Larry Fink highlighted the firm's ambitious fundraising plan, aiming for $400 billion in private markets gross fundraising by 2030 [5] - The firm is experiencing excellent fundraising activity across various sectors, including infrastructure equity and debt, private financing solutions, and multi-alternatives [5]