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
39

Firm details

Headquarters
New York, New York
CRD number
107105
Registered since
February 28, 1995
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. is a corporate, multi-strategy asset manager that functions as both a capital allocator and an adviser to individual, family and institutional clients. The firm manages pooled and separate accounts, sponsors and advises private funds, and performs pension consulting and adviser-selection services. Its business activities include commodity pool/CTA functions and other financial product distribution. The firm reports using fee models that include a percentage of assets under management, fixed fees and performance-based fees, and it identifies itself as an active ESG investor. The firm’s mandate spans portfolio management for individuals and small businesses, institutions and pooled investment vehicles. It also serves as a sponsor or general partner for pooled vehicles and maintains affiliations across brokerage, trust, banking and insurance channels. The organization has been SEC-registered since 1995 and presents itself as a multi-faceted fund manager with capabilities across hedge, private equity, real estate and securitized-asset strategies.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Investment Grade Corp Bonds 30%, Cash & Cash Equivalents 21%, Exchange Traded Equities 14%, Other 14%, US Government Bonds 11%, Private Funds 3%, Sovereign Bonds 2%, Non-Investment Grade Corp Bonds 2%, Derivatives 1%, Public Funds/Mutual Funds 1%30%
  • Investment Grade Corp Bonds30%
  • Cash & Cash Equivalents21%
  • Exchange Traded Equities14%
  • Other14%
  • US Government Bonds11%

Owners & executives

3 of 6
  • Charles Park

    Chief Compliance OfficerCRD 2704483

  • Kristen Santerian

    Deputy COOCRD 6129920

  • Christopher Meade

    Christopher Meade

    Chief Legal OfficerCRD 6728448

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Contacts

3 of 33
  • John Engelke

    John Engelke

    DirectorCRD 2161023

  • James Caffarello

    James Caffarello

    Divisional Sales ManagerCRD 5599386

  • Allison Sherman

    Allison Sherman

    AnalystCRD 5032589

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Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 540

Active vs passive

$130B in ETFs

Passive

99%

$128B

Active

1%

$1.6B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$36.3B66,396,70727.99%

Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
50 Hudson Yards
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth