BLK

BlackRock Inc. is a global investment management firm operating in the financial sector. It was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson in New York, United States.

BlackRock is considered one of the largest asset managers in the world, offering financial products and technology services to clients in over 100 countries.

Its investment solutions span active, index, and cash management strategies, covering a wide range of asset classes such as equities, fixed income, multi-asset products, and alternatives, serving both institutional and retail clients.

In addition to asset management, BlackRock provides technology solutions through Aladdin, a leading platform for risk management and portfolio allocation, used by institutional investors worldwide.

The company’s global presence is strengthened by its strategic approach to distribution, institutional partnerships, and customized investment solutions, supporting clients such as pension funds, insurance companies, central banks, sovereign wealth funds, and corporations.

BlackRock shares are traded on the New York Stock Exchange (NYSE) under the ticker BLK.

History and Founding of BlackRock Inc.

BlackRock Inc. was founded in 1988 in New York City by a group of eight partners led by Larry Fink, including Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson.

The company was created with the vision of combining asset management with sophisticated risk management, aiming to deliver innovative investment solutions for institutional clients.

By 1989, just one year after its founding, BlackRock managed approximately US$ 2.7 billion in assets.

The company’s early success attracted attention, and in 1999, BlackRock completed its Initial Public Offering (IPO) on the NYSE, managing US$ 165 billion at that time.

In 2000, BlackRock launched BlackRock Solutions, introducing Aladdin, a technology platform that revolutionized the industry by providing integrated tools for risk assessment and asset allocation.

Strategic acquisitions played a key role in BlackRock’s growth. In 2004, it acquired SSRM Holdings, and in 2009, the firm made a landmark move by acquiring Barclays Global Investors (BGI), including the iShares ETF business, solidifying its position as the world’s largest asset manager.

From 2020 to 2024, BlackRock increased its focus on financial technology, ESG (Environmental, Social, and Governance) investing, and sustainable strategies, reflecting growing global demand for responsible investment approaches.

Today, BlackRock Inc. manages trillions of dollars in assets, offering solutions across all major asset classes and geographies, maintaining a leading role in shaping the global financial ecosystem through innovation, risk management, and sustainability.

Additional Information

The Company BlackRock Inc. (United States), is listed on NYSE with a market value of $ 169.51 Billions, having an equity of $ 61.86 Billions.

With a total of 16.500 employees, the company is listed in the sector of Financial and categorized in industry of Investment Services.

In the last 12 months the Company had a revenue of $ 24.22 Billions, which generated a profit in the amount of $ 5.55 Billions.

As for its main indicators, the Company has a P/E ratio of 30.53, a P/BV ratio of 2.74 and in the last 12 months the dividend yield of BLK was at 1.91%.

The Company is traded internationally through the ticker BLK.