BlackRock (NYSE:BLK), Inc. is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.
BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.
The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support. BlackRock serves clients in North America, Europe, Asia-Pacific, Latin America, the Middle East and other international markets.
BlackRock was established in 1988 by a group led by Laurence D. Fink, who serves as chairman and chief executive officer. The company is headquartered in New York City and has expanded its business through organic growth and acquisitions, including its purchase of Barclays Global Investors in 2009, which brought the iShares exchange-traded fund business into BlackRock.