BlackRock, Inc.

BlackRock, Inc. (NYSE: BLK) is a leading publicly traded investment management firm headquartered globally with a presence in more than 30 countries serving clients in over 100 countries. The company maintains its corporate website at www.blackrock.com.

As of December 31, 2025, BlackRock manages $14.0 trillion in assets under management across a diverse platform serving approximately 24,900 employees worldwide. The company provides a comprehensive range of investment management and technology services to institutional and retail clients globally, including tax-exempt institutions such as pension plans, charities, foundations and endowments; official institutions including central banks and sovereign wealth funds; taxable institutions such as insurance companies and financial institutions; and retail intermediaries.

BlackRock's core business encompasses alpha-seeking active management, private markets, index strategies, and cash management investment solutions across multiple asset classes. The company offers products through various vehicles including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective trust funds, and pooled investment vehicles. The company's product offerings span equities, fixed income, private markets, liquid alternatives, digital assets, currencies, commodities, and money market instruments.

The company operates three primary client segments: retail clients representing 10 percent of long-term assets under management; exchange-traded funds representing 42 percent of long-term assets; and institutional clients representing the remainder. By product type, equity strategies comprise 61 percent of long-term assets, fixed income comprises 25 percent, multi-asset comprises 9 percent, and alternatives comprise 3 percent.

Beyond traditional investment management, BlackRock provides technology and subscription services including its proprietary Aladdin investment and risk management platform, Aladdin Wealth for wealth management, eFront for alternative investment management, Preqin for private markets data, and Cachematrix for cash management technology. Technology services and subscription revenue reached $2.0 billion in 2025.

The company maintains significant competitive advantages through its client-choice model offering diverse investment strategies, strong investment performance capabilities, advanced research and analytics infrastructure, global reach with approximately 60 percent of employees outside the United States, differentiated client relationships with fiduciary focus, and continued innovation in technology solutions and digital distribution capabilities.