BlackRock, Inc.

BlackRock is a publicly owned investment manager that provides a wide range of investment and risk management services. The firm serves institutional, intermediary, and individual investors, including corporate and public pension plans, insurance companies, endowments, foundations, sovereign wealth funds, and banks. It manages separate client-focused equity, fixed income, and balanced portfolios, and also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles such as structured funds and hedge funds. Additionally, BlackRock is known for its iShares exchange-traded funds (ETFs), which cover equity, fixed income, balanced, currency, commodity, and multi-asset classes. The firm invests globally in public equity, fixed income, real estate, currency, commodity, and alternative markets.

BlackRock's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol BLK. The trading currency for its shares is the US Dollar (USD). As a US-based company, its financial reporting and dividends are also denominated in US Dollars.

BlackRock operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management firm, its primary business involves managing investments on behalf of clients, including pension funds, institutions, and individual investors. The company offers a diverse array of investment strategies across asset classes such as equities, fixed income, real estate, and alternatives, making it one of the largest asset managers globally.

BlackRock is headquartered in the United States and serves clients across the globe. The firm provides its services to institutional, intermediary, and individual investors worldwide, including corporate and public pension plans, insurance companies, third-party mutual funds, endowments, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. Its investment reach spans public equity, fixed income, real estate, currency, commodity, and alternative markets in various regions, making it a truly global investment manager.

BlackRock generates revenue primarily through investment management fees, which are typically calculated as a percentage of assets under management (AUM). The firm earns fees from managing separate accounts, mutual funds, ETFs, and alternative investment vehicles. Additionally, it provides global risk management and advisory services, which generate advisory fees. BlackRock's diverse product lineup includes equity, fixed income, balanced, and real estate mutual funds, as well as iShares ETFs covering multiple asset classes. The firm also launches and manages hedge funds and structured funds, contributing to its fee income. With a client base spanning institutions, intermediaries, and individuals, BlackRock's revenue is closely tied to the total value of assets it manages and the performance of its investment strategies.