BlackRock Asset Management

BlackRock Asset Management

Office address: 40 East 52nd Street New York, NY 10022 USA
Year established: 1988
Company type: asset management, technology provider
Employees: 18,400
Expertise: finance
Parent company: N.A.
CEO and key people: Larry Fink, CEO and Chair
Financing Status: N.A.

BlackRock Asset Management is the largest asset manager in the world and the first to reach US$10 trillion in assets. As one of the world's most respected asset management firms, BlackRock has been providing innovative financial solutions to its clients for 35 years.

History of BlackRock Asset Management

Founded in 1988, BlackRock has its roots in New York City. The company's humble beginnings started as a fixed-income asset management firm, quickly expanding its expertise and influence within the financial services sector. By the early 1990s, BlackRock had solidified its reputation as a leader in risk management and investment solutions. 

Products and Services of BlackRock Asset Management

BlackRock is widely known for its pioneering role in developing the Exchange-Traded Fund (ETF) market. The iShares series of ETFs offers investors a diverse range of options, spanning various asset classes and geographic regions.

Some of BlackRock’s other products and services include:

  • mutual funds
  • retirement planning services
  • separately managed accounts (SMAs)
  • institutional investment management services
  • risk management solutions
  • Aladdin investment platform
  • private equity and real estate funds
  • sustainable investing products

Culture at BlackRock Asset Management

BlackRock states its purpose as “helping more and more people experience financial well-being.” This lies at the heart of the corporate culture at BlackRock. The company values its employees' expertise and encourages a collaborative work environment to deliver exceptional results. Their team works together – no silos, as BlackRock says – with the end goal of prioritizing their clients’ needs.

About BlackRock Asset Management Chairman and CEO Larry Fink

Larry Fink is a visionary leader in the financial world. Under his guidance, BlackRock has transformed into a globally recognized investment management powerhouse. He has been Chairman of the Board since 2019.

Fink's expertise in risk management and forward-thinking approach have earned him respect throughout the industry. (There is a reason industry insiders call him “The King of Wall Street.”) His commitment to long-term sustainable investing has played a pivotal role in promoting ESG principles and impacting positive change.

Future at BlackRock Asset Management

As we look ahead, BlackRock Asset Management shows no signs of slowing down. With a commitment to constant innovation and adaptability, the company continues to explore new frontiers in the financial services industry. BlackRock's focus on technology-driven solutions and sustainable investing ensures its relevance and leadership in a rapidly evolving global market.

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