Goodman Gable Gould/Adjusters International

Goodman Gable Gould/Adjusters International

The Goodman-Gable-Gould Company Profit Sharing Plan and Trust was established in 1964 as a defined-contribution retirement plan for employees of the Goodman-Gable-Gould Company, a public insurance adjusting firm founded in 1941 by Harvey M. Goodman. The plan is tied directly to the operating company, a specialist in property-damage claims that has recovered over $10 billion for policyholders from New York to Florida. Harvey Goodman continues to serve as President and CEO of the adjusting firm, while a multi-generational team — including Executive Vice Presidents Randolph Goodman, Randy Goodman, and Zach Forrest — manages day-to-day operations. The trust’s investment strategy concentrates on fund-of-funds vehicles and secondaries. It does not make direct investments or lead deals; instead it accesses private markets through third-party managers and secondary purchases of limited-partner interests. No direct portfolio-company positions are publicly reported, consistent with a pooled-intermediary approach. The plan’s geographic exposure is domestic, mirroring the operating company’s office footprint across the Mid-Atlantic and Southeast. In May 2024, the firm sponsored the Bisnow Multifamily Annual Conference East and its CEO moderated a panel on the multifamily outlook, reflecting a relationship with commercial-property owners that feeds claim work. The retirement plan operates with an estimated $6 million in assets (Altss estimate) and does not publicly disclose a deployment pace or investment-team headcount. The Goodman family also maintains separate personal assets — including a Potomac, Maryland residence, a Florida land parcel, the Rockville commercial headquarters, a car collection, and a donated fire truck in Israel — as well as The Goodman Family Foundation and memberships at Woodmont Country Club and the National Association of Public Insurance Adjusters, where Harvey Goodman is a past president. In 2025, the operating firm relocated its Nashville office and celebrated the election of Staci Goodman to NAPIA’s board. The plan’s structural differentiator is its embedded nature: it is not an OCIO mandate or an externally marketed pooled vehicle but an in-house profit-sharing trust whose administrator controls investment selection. That architecture creates a singular fiduciary chain — the plan sponsor is the business founder, and the assets are entirely captive to one corporate group. The plan’s secondaries allocation gives it exposure to mature fund interests without requiring a direct origination capability, a pragmatic posture for a sub-$10-million pool housed inside a claims-adjustment enterprise.