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Headquarters: 40 East 52nd Street
New York, NY 10022
Employees: 10,500
CEO: Laurence Fink

Stock Symbol: BLK

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BlackRock is one of the largest publicly traded investment management firms in the United States with $3.79 trillion in assets under management across equity, fixed income, cash management, alternative investment and real estate strategies as of December 31, 2012.

BlackRock manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, liquidity and alternative investment products. In addition, BlackRock provides risk management, investment system outsourcing, and financial advisory services to a wide array of institutional investors and financial institutions.

The firm's client base includes corporate, public, and Taft-Hartley pension plans, insurance companies, mutual funds, endowments, foundations, nuclear decommissioning trusts, corporations, banks, and individuals worldwide.

BlackRock is a global enterprise with 10,500 employees in 30 countries. It serves clients in North and South America, Europe, Asia, Africa, Australia and the Middle East.

In 2012, BlackRock reported total revenue of $9.3 billion, a 3% increase, and net income of $2.45 billion.

“BlackRock’s financial performance in 2012 was strong by any measure,” commented Laurence Fink, Chairman and CEO of BlackRock. “We closed the year with record earnings for both the quarter and the year. We improved investment performance in key areas and our work with clients was rewarded with $107.7 billion of long-term net new business. Every client type contributed to these strong flows. Our results demonstrate not only the diversity of our platform and the breadth of our global product offering, but how we have differentiated the firm and continued to evolve in anticipation of our clients’ needs.”


Originally founded in 1988 as Blackstone Financial Management, the company changed its name to BlackRock in 1992.

The company had an IPO in 1999.

In December 2009. BlackRock completed its merger of Barclay Global Investors, including the market-leading iShares exchange traded funds business.

In January 2010, the company acquired the assets of Helix Financial Group LLC, a Charlotte, NC based company that provides advisory, valuation and analytics solutions to commercial real estate lenders and investors.


As part of its comprehensive benefits package, BlackRock offers tuition reimbursement for professional development. Other attractive features include flexible healthcare options, financial services, and retirement benefits.

Updated January 18, 2013

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