Blackrock Investment Management, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Blackrock Investment Management, LLC
Overview
Blackrock Investment Management, LLC operates as a financial advisor company that has its headquarters in Princeton, New Jersey. The company has $402.9 billion in assets across 44,867 client accounts, making it one of the largest firms in the nation by assets under management (AUM). It has a very large group, including 510 financial advisors. Blackrock Investment Management, LLC does not act as a registered broker-dealer, signifying that the firm cannot buy and sell securities for its accounts and those of its clients and instead must go through a broker-dealer firm to do so. Securities are exchangable financial assets like stocks, bonds and options.
Blackrock Investment Management, LLC manages 44,302 of the company's accounts in a discretionary manner. Discretionary management means that an investment advisor has the discretion to make transaction judgments without needing client permission. The firm also has 565 non-discretionary accounts totaling $74.7 billion in assets under management. The company oversees an average of $9.0 million for each client account. An average advisor at Blackrock Investment Management, LLC administers around 88 client accounts.
Blackrock Investment Management, LLC's headquarters is located at 1 University Square Drive, Princeton, New Jersey 8540. The firm is permitted to serve customers across 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Blackrock Investment Management, LLC by the Numbers
$402.9 billion
1,157
44,867
$9.0 million
Products and Services
Blackrock Investment Management, LLC provides multiple financial services, including portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for institutional clients and selection of other advisers. It does not sell products or offer services other than investment advisory services to its investment advisory accounts. Blackrock Investment Management, LLC also has a number of financial industry affiliations, including with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, pension consultant, real estate broker or dealer and commodity pool advisor.
Core Advisor Services
-
Find a firm that offers this service
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Find a firm that offers this service
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial management fees usually vary depending on the services provided. However, fee types charged by the firm may include some combination of the following fee structures: asset-based, fixed or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are provided by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company works with a broad range of customers. Blackrock Investment Management, LLC caters to retail investors, high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds and corporations. Out of its 44,867 clients, Blackrock Investment Management, LLC's biggest client type by number of accounts is retail investors, although it also serves 13,384 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 2% of the firm's clients are from outside of the U.S.
- High-Net-Worth Individuals* - 30%
- Other Individuals - 59.88%
- Corporations - 7.04%
- Charitable Organizations - 3.08%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Blackrock Investment Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Blackrock Investment Management, LLC
Princeton, NJ
Princeton, NJ
San Francisco, CA
New York, NY
Princeton, NJ
Boston, MA
Boston, MA
Princeton, NJ
Princeton, NJ
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.