Clients
Blackrock Investment Management serves 10,859 clients, 4,269 of them high-net-worth individuals. The average client has about $62 million with the firm, and high-net-worth clients hold 8% of its $676.7 billion in assets.
- High-net-worth individuals4,269 clients8%
- Banking or thrift institutions7 clients7%
- Investment companies142 clients35%
- Pooled investment vehicles77 clients12%
- State or municipal government entities12 clients2%
- OtherOther investment advisers, Corporations and other businesses, Individuals, Pension and profit-sharing plans, Charitable organizations, Insurance companies, Sovereign wealth funds and foreign official institutions35%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 4,754 | $2,396,207,586 | 0.4% | $504K |
| High-net-worth individuals | 4,269 | $55,824,038,442 | 8.2% | $13.1M |
| Banking or thrift institutions | 7 | $50,596,465,708 | 7.5% | $7.23B |
| Investment companies | 142 | $238,497,412,427 | 35.2% | $1.68B |
| Pooled investment vehicles | 77 | $81,522,445,257 | 12.0% | $1.06B |
| Pension and profit-sharing plans | 115 | $4,135,411,407 | 0.6% | $36.0M |
| Charitable organizations | 454 | $7,371,832,181 | 1.1% | $16.2M |
| State or municipal government entities | 12 | $14,151,320,517 | 2.1% | $1.18B |
| Other investment advisers | 64 | $180,914,816,865 | 26.7% | $2.83B |
| Insurance companies | 43 | $4,458,868,205 | 0.7% | $103.7M |
| Sovereign wealth funds and foreign official institutions | Not reported | $3,217,221,663 | 0.5% | — |
| Corporations and other businesses | 922 | $33,606,636,494 | 5.0% | $36.4M |
| Total | 10,859 | $676,692,676,752 | 100% | $62.3M |
- Clients
- 4,754
- Regulatory AUM
- $2,396,207,586
- Share
- 0.4%
- Avg. per client
- $504K
- Clients
- 4,269
- Regulatory AUM
- $55,824,038,442
- Share
- 8.2%
- Avg. per client
- $13.1M
- Clients
- 7
- Regulatory AUM
- $50,596,465,708
- Share
- 7.5%
- Avg. per client
- $7.23B
- Clients
- 142
- Regulatory AUM
- $238,497,412,427
- Share
- 35.2%
- Avg. per client
- $1.68B
- Clients
- 77
- Regulatory AUM
- $81,522,445,257
- Share
- 12.0%
- Avg. per client
- $1.06B
- Clients
- 115
- Regulatory AUM
- $4,135,411,407
- Share
- 0.6%
- Avg. per client
- $36.0M
- Clients
- 454
- Regulatory AUM
- $7,371,832,181
- Share
- 1.1%
- Avg. per client
- $16.2M
- Clients
- 12
- Regulatory AUM
- $14,151,320,517
- Share
- 2.1%
- Avg. per client
- $1.18B
- Clients
- 64
- Regulatory AUM
- $180,914,816,865
- Share
- 26.7%
- Avg. per client
- $2.83B
- Clients
- 43
- Regulatory AUM
- $4,458,868,205
- Share
- 0.7%
- Avg. per client
- $103.7M
- Clients
- Not reported
- Regulatory AUM
- $3,217,221,663
- Share
- 0.5%
- Avg. per client
- —
- Clients
- 922
- Regulatory AUM
- $33,606,636,494
- Share
- 5.0%
- Avg. per client
- $36.4M
Total
- Clients
- 10,859
- Regulatory AUM
- $676,692,676,752
- Share
- 100%
- Avg. per client
- $62.3M
What it does
Blackrock Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Blackrock Investment Management advises 49 private funds.
73.4% of assets ($496.62B across 52,350 accounts) are managed with discretion; $180.08B across 1,609 accounts are not. $89.35B sits in a wrap fee program the firm both sponsors and manages. 2% of clients are outside the U.S., and 81 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks22%
- Funds5%
- Bonds64%
- State and local bonds31%
- Investment grade corporate bonds17%
- U.S. government and agency bonds15%
- High-yield corporate bonds1%
- Cash3%
- Other5%
- Other asset types are generally structured products, alternatives, loans and delisted securities.5%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Blackrock Investment Management’s client accounts are held mainly at Citibank, N.A., with 7% of managed assets, and Bank of America N.A., with 7%. Blackrock Investment Management has custody of $385.8M for 10 clients.
- Bank of America N.A.Bank of America N.A. · Charlotte, NC · $44.01B7%
- Citibank, N.A.Citibank, N.A. · New York, NY · $49.93B7%
- All other custodians$582.75B86%
Ownership and leadership
Trident Merger, LLC owns 75% or more of Blackrock Investment Management, and Laurence Fink is its CEO.
- Owns 75% or more of Blackrock Investment Management, LLC
Trident Merger, LLC
Control person · since September 2006
- Owns 75% or more of Trident Merger, LLC
Blackrock Finance, Inc.
Control person · since September 2006
- Owns 75% or more of Blackrock Finance, Inc.
Blackrock Saturn Subco, LLC
Control person · since July 2025
- Owns 75% or more of Blackrock Saturn Subco, LLC
Blackrock, Inc.
Control person · since July 2025
Leadership
- Laurence FinkChief Executive Officer
- Robert KapitoPresident
- Martin SmallChief Financial Officer and Senior Managing Director
- Robert GoldsteinChief Operating Officer and Senior Managing Director
- Charles ParkChief Compliance Officer
- Christopher MeadeGeneral Counsel, Chief Legal Officer, and Senior Managing Director
Staff
- 1,589 employees
- 444 in advisory functions
- 520 state-registered reps
- 762 broker-dealer reps
- 8 insurance agents
Fees
Blackrock Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Blackrock Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Blackrock Investment Management has 13 offices, with 14 listed addresses across 10 states.
California · 4 listed addresses
- 4400 Macarthur Boulevard, Newport Beach
- 3 Harbor DR, Sausalito
- 400 Howard Street, San Francisco
- 2951 28th Street, Santa Monica
Florida · 2 listed addresses
- 360 S Rosemary Ave, West Palm Beach
- 701 Brickell Avenue, Miami
Colorado · 1 listed address
- 44 Cook Street, Denver
District of Columbia · 1 listed address
- 1401 New York Avenue, N.W., District of Columbia
Georgia · 1 listed address
- 725 Ponce De Leon Ave Ne, Atlanta
Illinois · 1 listed address
- 227 West Monroe ST, Chicago
Massachusetts · 1 listed address
- 60 State Street, Boston
New Jersey · 1 listed address
- 1 University Square Drive, PrincetonHQ
New York · 1 listed address
- 50 Hudson Yards, New York
Pennsylvania · 1 listed address
- 2929 Arch Street, Philadelphia
Registration details
- Legal name
- Blackrock Investment Management, LLC
- Headquarters
- 1 University Square Drive, Princeton, NJ 08540
- Phone
- 609-282-2000
- Website
- www.blackrock.com
- SEC file
- 801-56972
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Blackrock Investment Management have?
Blackrock Investment Management has 10,859 clients and manages $676.7 billion for them, as of July 2026. They include 4,754 other individuals, 4,269 high-net-worth individuals and 922 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Blackrock Investment Management offer?
Blackrock Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Blackrock Investment Management use?
Blackrock Investment Management’s separately managed account assets are held at Citibank, N.A. (New York, NY), with $49,932,776,274 and Bank of America N.A. (Charlotte, NC), with $44,010,411,148. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Blackrock Investment Management have?
Blackrock Investment Management has 520 investment adviser representatives registered with state securities authorities, out of 1,589 employees, and 444 perform investment advisory functions. 762 are registered representatives of a broker-dealer and 8 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Blackrock Investment Management invest in?
At the end of its last fiscal year, Blackrock Investment Management’s separately managed accounts held 31% state and local bonds, 22% exchange-traded equities, 17% investment grade corporate bonds, 15% U.S. government and agency bonds, 5% registered funds (mutual funds, ETFs, BDCs), 5% other asset types are generally structured products, alternatives, loans and delisted securities., 3% cash and equivalents and 1% high-yield corporate bonds. It advises 49 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blackrock Investment Management?
Blackrock Investment Management is owned through a chain of holding companies by Blackrock, Inc. Its direct owner is Trident Merger, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Blackrock Investment Management get paid?
Blackrock Investment Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file