BLK

BLK is the ticker symbol for BlackRock, Inc., an American multinational investment management corporation. Traded on the New York Stock Exchange, it is a constituent of the S&P 500 and is widely regarded as one of the largest asset managers in the world by assets under management (AUM).

BlackRock was founded in 1988 by Larry Fink and a group of partners as a risk-management and fixed-income institution. It grew into a full-service investment manager and went public in 1999. Headquartered in New York City, the company operates globally, with offices in more than 100 countries and a broad client base that includes institutions, financial professionals, and individual investors.

The firm offers investment management, risk analytics, and advisory services. Its product lineup includes mutual funds, international and domestic index funds, and exchange-traded funds under the iShares brand, along with separate accounts and alternative investments. A central element of BlackRock’s platform is Aladdin, a risk-management and trading system used both internally and by external clients.

As of 2023, BlackRock reported assets under management of about $9 trillion and employed tens of thousands of people worldwide. The company is subject to regulatory oversight by U.S. and international authorities and plays a significant role in global markets and asset allocation through its scale, research, and technology-enabled investment solutions.