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 multi-faceted asset manager and capital allocator serving both individual/family and institutional clients. The firm functions across a range of advisory businesses — from portfolio management for individuals and pooled vehicles to pension consulting and selection of sub-advisers — and also holds registrations and roles consistent with commodity pool/CTA activity and financial product distribution. The firm reports being an active ESG investor and combines discretionary portfolio management with performance- and AUM-based fee arrangements. The firm’s organizational footprint includes activity as a sponsor or manager of pooled vehicles and maintains affiliations across the financial services ecosystem (broker-dealer, trust, banking, insurance, and real-estate brokerage relationships are noted). Structurally it is a corporation that has been SEC-registered since the mid-1990s.