BlackRock Inc (NYSE: BLK) is an asset management company that manages investment portfolios across equity, fixed income, multi-asset, and alternative strategies on behalf of institutional and retail clients worldwide. Revenue is generated primarily through base fees calculated as a percentage of assets under management, supplemented by performance fees, technology services revenue from the Aladdin platform, and advisory fees. BlackRock is the largest asset manager in the world by assets under management, competing with firms including Vanguard, State Street Global Advisors, Fidelity Investments, and J.P. Morgan Asset Management. The company offers index and active investment strategies through mutual funds, exchange-traded funds under the iShares brand, separate accounts, and alternative investment vehicles. BlackRock is headquartered in New York City and was founded in 1988. Laurence D. Fink serves as Chairman and Chief Executive Officer.
- Revenue model
- Base fees as a percentage of assets under management, performance fees, technology and risk management services fees from the Aladdin platform, and advisory fees.
- Products and services
- iShares ETFs, active and index mutual funds, separate accounts, alternative investment vehicles, Aladdin investment and risk management technology platform, multi-asset strategies, fixed income strategies, equity strategies.
- Customers and end markets
- Institutional investors including pension funds, sovereign wealth funds, insurers, foundations, and endowments; retail investors accessed through intermediaries; financial institutions using Aladdin technology services.
- Value-chain role
- Asset manager and investment technology provider; sits between end investors and capital markets, constructing and managing portfolios and providing risk analytics infrastructure.
- Geographic exposure
- Global operations with clients across the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
- Competitors
- Vanguard, State Street Global Advisors, Fidelity Investments, J.P. Morgan Asset Management
Source: SEC 10-K, filed 2026-02-25
Industry:
Security Brokers, Dealers & Flotation Companies