BlackRock is a financial services firm that provides services to institutions, intermediaries, foundations, and individual investors.
BlackRock, Inc. is a New York-based American worldwide investment management firm. BlackRock, which was founded in 1988 as a risk management and fixed income institutional asset manager, is the world’s biggest asset manager, with $7.4 trillion in assets under management as of the end of the fourth quarter of 2019. BlackRock has 70 locations in 30 countries and clientele in 100 countries worldwide. BlackRock has been dubbed the world’s biggest shadow bank due to its size and breadth of financial assets and operations.
BLACKROCK, INC. DETAILS:
- Operating Status: Active
- Business Type: Public
- Headquarters: New York City, New York, United States
- Founded Date:1988
- Organization CEO: Larry Fink
- Founders: Robert S. Kapito, Laurence D. Fink