BlackRock
BlackRock, Inc. is a New York City-based multinational investment firm. BlackRock is the largest asset manager in the world, with US$8.6 trillion in assets under management as of December 31, 2022. The company was founded in 1988 and originally served as an enterprise risk management and fixed-income institutional asset manager.
BlackRock has clients in 100 countries and 70 offices in 30 different countries. BlackRock is one of the Big Three index fund managers; it oversees the iShares family of ETFs and competes with The Vanguard Group and State Street. BlackRock Solutions, a branch of the company, offers financial risk management services and uses the Aladdin investment portfolio management system.
On the Fortune 500 list of the largest American companies, BlackRock comes in at number 184. BlackRock's market cap is $100.05 billion as of April 2023. BlackRock's current market valuation ranks it as the 136th most valuable corporation in the world. BlackRock has reported TTM revenue of $17.87 billion as of the most recent fiscal period's end. The company's 2021 revenue of $19.37 billion was up from the $16.20 billion it made in 2020.
Founded: 1988
Headquarters: New York City, New York, U.S.
Website: blackrock.com