Blackrock Financial Management, Inc

RIASEC RegisteredEst. 1995

Total AUM

$1.6T

Discretionary

$1.6T

100% of AUM

Avg account

$699M

Accounts

2,283

Employees

7,987

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 107105
Registered since: February 28, 1995
Website: www.blackrock.com
Custodians: THE BANK OF NEW YORK MELLON, STATE STREET BANK AND TRUST COMPANY, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, SSB NEW YORK INSTITUTIONAL, J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Pooled Investment Vehicles34.37%
Insurance Companies28.69%
State / Municipal Government10.84%
Pension & Profit Sharing Plans10.27%
Corporations / Businesses6.34%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Blackrock Financial Management, Inc. operates as a multifaceted investment manager and capital allocator serving both individual/family and institutional clients. The firm is organized as a corporation and combines portfolio management across separate accounts, pooled vehicles and investment companies with pension consulting and adviser-selection services. Its business activities include commodity pool/CTA functions and financial product distribution, and it reports active ESG integration in its investment approach. Compensation arrangements include asset-based fees, fixed fees and performance-based fees. The firm maintains a broad set of industry affiliations and operating roles: it acts in capacities related to broker-dealer activity, registered municipal advisory, trust and banking relationships, insurance company work, real estate brokerage, and sponsorship or management of pooled investment vehicles.