Institutional-Grade
Precious Metals
Solutions
Goldman Fischer provides institutional clients with access to investment-grade precious metals sourced from established refiners operating under globally recognized quality and ethical standards, including those aligned with the London Bullion Market Association (LBMA) framework.
Good Delivery Standards
Goldman Fischer sources precious metals exclusively from refiners whose products meet or exceed the stringent quality benchmarks established by the London Bullion Market Association. The LBMA Good Delivery List represents the global standard for the quality of gold and silver bars traded in the wholesale market.
Our supply chain encompasses refiners accredited under the Good Delivery framework, ensuring that every bar meets exacting specifications for purity, weight tolerance, and physical appearance. Gold bars conform to a minimum fineness of 995.0 parts per thousand, while silver bars meet a minimum of 999.0 parts per thousand.
| Specification | Gold | Silver |
|---|---|---|
| Minimum Fineness | 995.0 ppt | 999.0 ppt |
| Bar Weight (GD) | 350 – 430 troy oz | 750 – 1,100 troy oz |
| Marking Requirements | Serial number, refiner hallmark, fineness, year of manufacture | |
| Assay Certification | Independent assay with sealed certification card | |
Responsible Sourcing Programme
Our sourcing practices align with the LBMA Responsible Sourcing Programme and the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. We maintain a five-step due diligence framework to ensure the integrity of every ounce we handle.
Management Systems
Robust internal controls and management structures to oversee supply chain due diligence and responsible sourcing obligations.
Risk Identification
Systematic identification and assessment of risks related to conflict, money laundering, terrorist financing, and human rights abuses.
Risk Mitigation
Design and implementation of strategies to manage and mitigate identified risks, including enhanced due diligence where required.
Independent Audit
Third-party auditing of supply chain due diligence practices to verify compliance with OECD and LBMA Responsible Sourcing standards.
Public Reporting
Annual reporting on supply chain due diligence policies, practices, and outcomes to promote transparency and accountability.
OECD Guidance Alignment
Our due diligence framework follows the five-step process established by the OECD in its Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. This internationally recognized standard requires refiners and dealers to establish strong management systems, identify and mitigate supply chain risks, and submit to independent third-party audits.
“The Code promotes the integrity and effective functioning of the wholesale precious metals market.”— Global Precious Metals Code
Global Precious Metals Code
Goldman Fischer operates in alignment with the principles of the Global Precious Metals Code, a set of best-practice standards developed under the auspices of the LBMA to promote integrity, fairness, and transparency in the wholesale precious metals market.
Ethics
Acting honestly, fairly, and with integrity in all market dealings and client relationships.
Governance
Maintaining robust governance frameworks with clear accountability, oversight, and controls.
Compliance
Adhering to all applicable laws, regulations, and industry standards governing precious metals markets.
Risk Management
Identifying, measuring, monitoring, and controlling risks across all business activities.
Information Sharing
Handling confidential information with care and ensuring appropriate information barriers.
Execution
Executing transactions in a fair, transparent, and timely manner that serves client interests.
Comprehensive Services
We provide a full suite of institutional services designed for family offices, wealth managers, corporate treasuries, and high-net-worth individuals seeking direct exposure to physical precious metals.
Allocated Metal Accounts
Segregated, individually identified bars held in your name with full title and ownership. Each bar is uniquely serialized and assigned to your account with independent audit verification.
OTC Desk Services
Direct, over-the-counter trading for institutional volumes with competitive pricing, dedicated relationship management, and bespoke settlement terms.
Secure Vault Storage
Institutional-grade vault facilities with 24/7 security monitoring, comprehensive insurance coverage, and regular independent audits of holdings.
Logistics & Delivery
End-to-end logistics management for physical metal delivery, including armored transport, customs clearance, and chain-of-custody documentation.
Buyers Broker Pricing Advantage
Goldman Fischer offers a structured pricing programme for registered brokers, financial advisors, and institutional buyers. Our tiered model delivers progressively deeper discounts as relationship volume grows, ensuring your clients receive the most competitive pricing available in the physical precious metals market.
Standard Retail
Posted pricing with standard commission schedule. All customers receive transparent, competitive pricing from day one.
Broker Preferred
Reduced commission tiers for qualified brokers and registered investment advisors acting on behalf of their clients.
Institutional
Institutional-grade pricing with significantly reduced spreads, dedicated desk access, and priority settlement.
Strategic Partner
Custom negotiated pricing with the narrowest available spreads, white-glove service, and bespoke settlement terms.
Volume-Based Spread Compression
As order size increases, the spread between our contemporaneous cost and your quoted price compresses significantly. Institutional volumes can achieve spreads well below standard retail levels, translating directly into lower per-ounce acquisition costs for your clients.
Reduced Commission Tiers
Registered brokers and advisors qualify for a dedicated commission schedule with materially lower rates across all weight categories. These savings are passed directly to your end clients, making your offering more competitive.
Dedicated Relationship Pricing
Each broker relationship is assigned a dedicated metals desk contact who can provide real-time, firm quotes tailored to your specific order parameters — metal type, weight, quantity, and settlement preference.
Aggregated Order Benefits
Brokers can aggregate multiple client orders into a single block trade, qualifying for higher volume tiers and lower per-unit pricing that would not be available on individual retail orders.
Locked Quote Protection
Institutional and broker quotes include extended lock periods (up to 60 minutes vs. standard 30 minutes), providing additional time to confirm client authorization without exposure to price movement.
White-Label Fulfillment
For qualifying broker partners, we offer white-label fulfillment services — your clients receive product shipped under your brand with full chain-of-custody documentation and assay certification.
How the Broker Programme Works
Our pricing model is built on the concept of contemporaneous cost — the real-time acquisition cost of physical metal at the moment of your order, which includes market spot price plus the applicable supply premium. Your commission is then calculated on this contemporaneous cost, not on the raw spot price.
As a registered broker, your commission rate is reduced at every weight tier compared to standard retail. Combined with volume aggregation and relationship-based spread compression, this structure delivers meaningful savings that compound with each transaction.
Apply for Broker Status
Submit your credentials, RIA registration, or institutional documentation for review.
Receive Your Pricing Schedule
Upon approval, receive your personalized commission schedule and dedicated desk contact.
Place Orders at Reduced Rates
Request firm quotes at your broker rate — aggregate client orders for even deeper discounts.
Scale Your Relationship
As cumulative volume grows, automatically qualify for progressively better pricing tiers.
Contact our institutional desk at 570-832-4242 or [email protected] to discuss your requirements.
Compliance Framework
Goldman Fischer maintains a comprehensive compliance program that meets or exceeds all applicable federal and state regulatory requirements. Our framework is designed to protect both our clients and the integrity of the precious metals market.
Bank Secrecy Act
Full compliance with BSA requirements including Currency Transaction Reports (CTR) for transactions exceeding $10,000 and suspicious activity monitoring.
Anti-Money Laundering
Comprehensive AML program with risk-based customer due diligence, transaction monitoring, and ongoing compliance training for all personnel.
Know Your Customer
Tiered identity verification protocols with enhanced due diligence (EDD) for high-value transactions and politically exposed persons (PEPs).
Sanctions Compliance
Real-time screening against OFAC Specially Designated Nationals (SDN) list and other sanctions databases prior to transaction execution.
IRS Form 8300
Mandatory reporting of cash payments exceeding $10,000 in a single transaction or related transactions within a 12-month period, as required by the Internal Revenue Service.
FinCEN Compliance
Registration and reporting obligations under the Financial Crimes Enforcement Network, including suspicious activity monitoring and currency transaction reporting.
USA PATRIOT Act
Full compliance with the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act, including customer identification program (CIP) requirements.
Settlement & Clearing
We offer multiple settlement options to accommodate the diverse requirements of institutional clients. Our settlement processes are designed for efficiency, security, and full regulatory compliance.
Wire Transfer Settlement
Domestic and international wire transfers through established banking relationships with TD Bank (primary) and Chase Bank.
Physical Delivery
Insured, armored delivery of allocated metal to client-designated facilities with full chain-of-custody documentation.
Vault-to-Vault Transfer
Book-entry transfer of metal between vault accounts without physical movement, reducing logistics costs and settlement time.
Flexible Terms
Customized settlement terms for qualified institutional clients, including T+1, T+2, and forward settlement arrangements.
Ready to Discuss Your Institutional Requirements?
Our institutional desk team provides personalized service for family offices, wealth managers, corporate treasuries, and qualified investors. Contact us to discuss your specific requirements and receive a tailored proposal.
Disclaimer: Goldman Fischer is not a member of the London Bullion Market Association (LBMA). References to LBMA standards, Good Delivery specifications, and the Global Precious Metals Code are provided for informational purposes to describe the quality benchmarks and ethical frameworks that guide our sourcing and business practices. Goldman Fischer sources products from refiners whose output meets or is aligned with these internationally recognized standards. This page does not constitute an offer to sell or a solicitation to buy precious metals. All transactions are subject to Goldman Fischer's terms and conditions.