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Asset manager · New York, NY

Blackrock Financial Management, Inc

SEC-registered investment adviser · CRD 107105 · SEC 801-48433

At a glance

Blackrock Financial Management, Inc is an SEC-registered investment adviser based in New York, New York, with $1.6 trillion in regulatory assets under management as of its Form ADV filed August 27, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 70 individual clients. By Form ADV it is a asset manager, ranked 13th of 3,218 asset managers and 15th of 17,210 SEC-registered advisers by assets.

Main office 212-810-5300blackrock.comLinkedInAs filed on Form ADV

Regulatory AUM
$1.60T
Rank among asset managers
#13 of 3,218
Rank among all SEC RIAs
#15 of 17,210
Rank in New York
#5 of 2,591
Individual clients
70
High-net-worth clients
64
Accounts
2,283
Discretionary
100% of AUM
Employees
7,987
Advisory staff
889
Offices
21

Owners and executives on its Form ADV

Custody and brokerage

5 custodians

  1. BNY$274B32%
  2. State Street$166B20%
  3. Northern Trust$160B19%
  4. SSB New York Institutional$125B15%
  5. J.P. Morgan$125B15%

Other RIAs using BNYOther multi-custodian RIAs

Broker-dealer

Hybrid RIA

Blackrock Financial Management, Inc is a hybrid RIA: 591 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Blackrock Asset Management Deutschland AG, Blackrock Execution Services, Blackrock Investments, LLC, Blackrock Japan Co., LTD., HPS Securities, LLC and Ishares (de) I Investmentaktiengesellschaft MIT Teilgesellschaftsvermagen.

Its Form ADV brochure (filed March 2026) names HPS Securities as the broker-dealer its advisers are registered with.

Certain persons of HPS are registered representatives of HPS Securities.

Other hybrid RIAs

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles399$548B34%
Insurance companies294$458B29%
State or municipal government entities54$173B11%
Pension and profit sharing plans154$164B10%
Corporations or other businesses195$101B6%
Sovereign wealth funds and foreign official institutions49$90B6%
Charitable organizations58$29B2%
Investment companies21$17B1%
Other investment advisers9$8.8B<1%
High-net-worth individuals64$5.4B<1%
Banking or thrift institutions6$839M<1%
Other–$79M<1%
Individuals6$2M<1%

Private funds

Blackrock Financial Management, Inc reports 352 private funds with $209B in gross assets: hedge funds, private equity funds, real estate funds, liquidity funds, securitized asset funds, other private funds (Form ADV Item 7.B).

Disciplinary disclosures

Blackrock Financial Management, Inc answers yes to 37 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Fixed fees
  • Performance-based fees

Form ADV and brochures on the SEC’s adviser search ↗blackrock.com ↗

AtlasMembers

The full record on Blackrock Financial Management, Inc

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, ten years of filings
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Growth over one, three and five years
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Rank against 26 peers of its type and size
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Owners and executives, with titles and stakes
9 namedLocked
Main office, fax and compliance officer
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Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Blackrock Financial Management, Inc manage?

Blackrock Financial Management, Inc reports $1.6 trillion in regulatory assets under management across 2,283 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 27, 2026.

What kind of firm is Blackrock Financial Management, Inc?

Blackrock Financial Management, Inc is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.

Who are Blackrock Financial Management, Inc’s clients?

By assets, its largest client types are pooled investment vehicles ($548.2 billion, 399 clients); insurance companies ($457.6 billion, 294 clients); state or municipal government entities ($172.8 billion, 54 clients).

Does Blackrock Financial Management, Inc manage private funds?

Yes. It reports 352 private funds with $209.3 billion in gross assets, including hedge funds, private equity funds, real estate funds, liquidity funds, securitized asset funds, other private funds.

Does Blackrock Financial Management, Inc have any disciplinary history?

Blackrock Financial Management, Inc answers yes to 37 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Blackrock Financial Management, Inc’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →