Blackrock Fund Advisors is a large advisory firm based in San Francisco. It manages $1.5 trillion of regulatory assets for 458 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Blackrock Fund Advisors provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Blackrock Fund Advisors is $1.5 trillion, all of which is managed in discretionary accounts. The firm's AUM has grown by 404% since the beginning of its operation, and $1.3 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Blackrock Fund Advisors for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Daniel Russell Waltcher is investment companies with 416 clients and $1.49 trillion of assets under management. Among the 12 most similar advisory firms, Blackrock Fund Advisors has the 3rd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.5 trillion for 425 clients. 1% of the firm’s clients are foreign persons or businesses.
Blackrock Fund Advisors doesn't advise any private funds.
The company employs 409 people that are either part- or full-time employees. 16 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Daniel Russell Waltcher has been acting as President since 1 Dec 2009. Christopher Joseph Meade joined the executive team most recently as the General Counsel And Chief Legal Officer.
The principal office where Blackrock Fund Advisors performs its advisory services is located at 400 Howard Street, San Francisco, CA 94105, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 415-670-2000. The normal business hours are 7:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.