Blackrock Institutional Management Corporation is a large advisory firm based in Wilmington. It manages $100.36 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Maryland, Massachusetts, and New York.
Blackrock Institutional Management Corporation provides portfolio management for investment companies. 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 Institutional Management Corporation is $100.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Blackrock Institutional Management Corporation 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.
Paul L Audet has been acting as President since 1 Apr 1999. Inc. Pnc Bancorp joined the executive team most recently as the Majority Shareholder.
The principal office where Blackrock Institutional Management Corporation performs its advisory services is located at 100 Bellevue Parkway, Wilmington, DE 19809, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 302-797-2000 or by fax 302-797-2473. The normal business hours are 7:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.blackrock.com.