{"url":"https://nivawealth.com/firms/blackrock-fund-advisors-105247","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105247","regulatoryAum":4282224366957,"crd":"105247","secFileNumber":"801-22609","legalName":"Blackrock Fund Advisors","displayName":"Blackrock Fund Advisors","website":"https://www.blackrock.com","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"400 Howard Street","city":"San Francisco","state":"CA","stateName":"California","country":"United States","postalCode":"94105"},"tradeNames":[],"registration":{"secApproved":"15 November 1984","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":128,"advisory":122,"brokerDealerReps":44,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":4282224366957,"discretionaryAccounts":556,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Investment companies","clients":520,"regulatoryAum":4277634633004},{"label":"Pooled investment vehicles","clients":8,"regulatoryAum":3214883658},{"label":"State or municipal government entities","clients":null,"regulatoryAum":1374850295}],"fees":[],"feeNotes":[],"custodians":[{"name":"JP Morgan Chase Bank N.A.","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":1374850307}],"custodyNote":"Blackrock Fund Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Martin Small","title":"Chief Financial Officer","crd":"6530364"},{"name":"Robert Goldstein","title":"Chief Operating Officer","crd":"2253416"},{"name":"Charles Park","title":"Chief Compliance Officer","crd":"2704483"},{"name":"Robert Dickson","title":"Director","crd":"7502068"},{"name":"Robert Goldstein","title":"Director","crd":"2253416"},{"name":"Martin Small","title":"Director","crd":"6530364"}],"ownership":[{"label":"Blackrock Delaware Holdings Inc.","detail":"Sole shareholder of applicant in the 75% or more ownership band and a control person, since January 1996."},{"label":"Blackrock Finance, Inc.","detail":"Indirect owner: a sole shareholder of Blackrock Holdco 2, Inc. in the 75% or more band and a control person, since September 2006.","parent":"Blackrock Holdco 2, Inc."},{"label":"Blackrock Holdco 2, Inc.","detail":"Indirect owner: a sole shareholder of Blackrock Financial Management, Inc. in the 75% or more band and a control person, since September 2006.","parent":"Blackrock Financial Management, Inc."},{"label":"Blackrock Financial Management, Inc.","detail":"Indirect owner: a sole member of Blackrock Holdco 4, LLC in the 75% or more band and a control person, since October 1994.","parent":"Blackrock Holdco 4, LLC"},{"label":"Blackrock Holdco 4, LLC","detail":"Indirect owner: a sole member of Blackrock Holdco 5, LLC in the 75% or more band and a control person, since December 2009.","parent":"Blackrock Holdco 5, LLC"},{"label":"Blackrock Holdco 5, LLC","detail":"Indirect owner: sole member of 100% preferred interests of Blackrock Holdco 6, LLC and a control person, since December 2009.","parent":"Blackrock Holdco 6, LLC"},{"label":"Blackrock Holdco 6, LLC","detail":"Indirect owner: a sole shareholder of Blackrock Delaware Holdings Inc. in the 75% or more band and a control person, since December 2009.","parent":"Blackrock Delaware Holdings Inc."},{"label":"Blackrock, Inc.","detail":"Indirect owner: a member of Blackrock Saturn Subco, LLC in the 75% or more band and a control person, since July 2025.","parent":"Blackrock Saturn Subco, LLC"},{"label":"Blackrock Saturn Subco, LLC","detail":"Indirect owner: a sole shareholder of Blackrock Finance, Inc. in the 75% or more band and a control person, since July 2025.","parent":"Blackrock Finance, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":6,"privateResidences":0},"listedOfficeAddresses":7,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"400 Howard Street","city":"San Francisco","headquarters":true},{"street":"360 S Rosemary Ave","city":"West Palm Beach"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"725 Ponce De Leon Ave Ne","city":"Atlanta"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"60 State Street","city":"Boston"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"1 University Square Drive","city":"Princeton"}]},{"state":"New York","offices":1,"addresses":[{"street":"50 Hudson Yards","city":"New York"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"2929 Arch Street","city":"Philadelphia"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"415-670-2000","stateRegisteredReps":2,"otherAdviserReps":2,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":62},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":38}],"privateFunds":0},"sources":{"adv1FilingDate":"15 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105247/PDF/105247.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Blackrock Fund Advisors have?","answer":"Blackrock Fund Advisors has 528 clients and manages $4282.2 billion for them, as of May 2026. They include 520 investment companies and 8 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 15 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackrock Fund Advisors offer?","answer":"Blackrock Fund Advisors provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackrock Fund Advisors use?","answer":"Blackrock Fund Advisors’ separately managed account assets are held at JP Morgan Chase Bank N.A. (New York, NY), with $1,374,850,307. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackrock Fund Advisors have?","answer":"Blackrock Fund Advisors has 2 investment adviser representatives registered with state securities authorities, out of 128 employees, and 122 perform investment advisory functions. 44 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackrock Fund Advisors invest in?","answer":"At the end of its last fiscal year, Blackrock Fund Advisors’ separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs) and 38% pooled vehicles (private funds and similar). It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackrock Fund Advisors?","answer":"Blackrock Fund Advisors is owned through a chain of holding companies by Blackrock, Inc. Its direct owner is Blackrock Delaware Holdings Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 15 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackrock Fund Advisors get paid?","answer":"Blackrock Fund Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}