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 fund manager and capital allocator across both retail and institutional channels. The firm engages in portfolio management for individuals, pooled vehicles, investment companies and institutions, and provides pension consulting and adviser-selection services. It also functions in product distribution roles (including as a CPO/CTA and other financial product salesperson) and reports active ESG investing activity. Its client base spans individual and family investors as well as institutional clients. Fee arrangements include percentage-of-AUM, fixed fees and performance-based fees. The firm’s business footprint connects it with a broad set of industry counterparties—broker-dealers, banks and trust companies, insurance firms, real estate brokers, and sponsors or general partners of pooled investment vehicles—reflecting a hybrid model that blends internal asset management with sponsor and intermediary roles.