asset management company

Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock has grown to become the world's largest asset manager. The company's mission is to help more and more people experience financial well-being. Acting as a fiduciary to its clients, BlackRock manages assets on their behalf and provides technology solutions, most notably its proprietary "Aladdin" platform, which offers investment and risk management tools. The firm serves a diverse client base, including pension plans, sovereign wealth funds, insurance companies, and individual investors, through a variety of products like iShares exchange-traded funds (ETFs) and actively managed mutual funds.