{"url":"https://nivawealth.com/firms/blackrock-investment-management-108928","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/108928","regulatoryAum":676692676752,"crd":"108928","secFileNumber":"801-56972","legalName":"Blackrock Investment Management, LLC","displayName":"Blackrock Investment Management","website":"https://www.blackrock.com","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1 University Square Drive","city":"Princeton","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"08540"},"tradeNames":[],"registration":{"secApproved":"9 November 1999","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":1589,"advisory":444,"brokerDealerReps":762,"insuranceAgents":8,"promoters":0},"aum":{"discretionary":496617070117,"discretionaryAccounts":52350,"nonDiscretionary":180075606635,"nonDiscretionaryAccounts":1609,"wrapProgram":89353876837,"nonUsClientsPct":2,"nonAumClients":81},"clientTypes":[{"label":"Individuals (other than HNW)","clients":4754,"regulatoryAum":2396207586},{"label":"High-net-worth individuals","clients":4269,"regulatoryAum":55824038442},{"label":"Banking or thrift institutions","clients":7,"regulatoryAum":50596465708},{"label":"Investment companies","clients":142,"regulatoryAum":238497412427},{"label":"Pooled investment vehicles","clients":77,"regulatoryAum":81522445257},{"label":"Pension and profit-sharing plans","clients":115,"regulatoryAum":4135411407},{"label":"Charitable organizations","clients":454,"regulatoryAum":7371832181},{"label":"State or municipal government entities","clients":12,"regulatoryAum":14151320517},{"label":"Other investment advisers","clients":64,"regulatoryAum":180914816865},{"label":"Insurance companies","clients":43,"regulatoryAum":4458868205},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":3217221663},{"label":"Corporations and other businesses","clients":922,"regulatoryAum":33606636494}],"fees":[],"feeNotes":[],"custodians":[{"name":"Bank of America N.A.","shortName":"Bank of America N.A.","location":"Charlotte, NC","smaAssets":44010411148},{"name":"Citibank, N.A.","shortName":"Citibank, N.A.","location":"New York, NY","smaAssets":49932776274}],"custodyNote":"Blackrock Investment Management has custody of $385.8M for 10 clients.","otherCustodians":[],"leadership":[{"name":"Laurence Fink","title":"Chief Executive Officer","crd":"830137"},{"name":"Robert Kapito","title":"President","crd":"728399"},{"name":"Martin Small","title":"Chief Financial Officer and Senior Managing Director","crd":"6530364"},{"name":"Robert Goldstein","title":"Chief Operating Officer and Senior Managing Director","crd":"2253416"},{"name":"Charles Park","title":"Chief Compliance Officer","crd":"2704483"},{"name":"Christopher Meade","title":"General Counsel, Chief Legal Officer, and Senior Managing Director","crd":"6728448"}],"ownership":[{"label":"Trident Merger, LLC","detail":"Sole member in the 75% or more ownership band and a control person, since September 2006."},{"label":"Blackrock Finance, Inc.","detail":"Indirect owner: a sole shareholder of Trident Merger, LLC in the 75% or more band and a control person, since September 2006.","parent":"Trident Merger, LLC"},{"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":13,"privateResidences":0},"listedOfficeAddresses":14,"officesByState":[{"state":"California","offices":4,"addresses":[{"street":"4400 Macarthur Boulevard","city":"Newport Beach"},{"street":"3 Harbor DR","city":"Sausalito"},{"street":"400 Howard Street","city":"San Francisco"},{"street":"2951 28th Street","city":"Santa Monica"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"44 Cook Street","city":"Denver"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1401 New York Avenue, N.W.","city":"District of Columbia"}]},{"state":"Florida","offices":2,"addresses":[{"street":"360 S Rosemary Ave","city":"West Palm Beach"},{"street":"701 Brickell Avenue","city":"Miami"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"725 Ponce De Leon Ave Ne","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"227 West Monroe ST","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"60 State Street","city":"Boston"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"1 University Square Drive","city":"Princeton","headquarters":true}]},{"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":"609-282-2000","stateRegisteredReps":520,"otherAdviserReps":49,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":22},{"label":"U.S. government/agency bonds","percent":15},{"label":"U.S. state and local bonds","percent":31},{"label":"Investment grade corporate bonds","percent":17},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":5,"detail":"Other Asset Types Are Generally Structured Products, Alternatives, Loans and Delisted Securities."}],"privateFunds":49},"sources":{"adv1FilingDate":"24 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/108928/PDF/108928.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 Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blackrock Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Blackrock Investment Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blackrock Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blackrock Investment Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blackrock Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blackrock Investment Management get paid?","answer":"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","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."}