In 1988, eight great minds came together to institute this company. They were Keith Anderson, Larry Fink, Ralph Schlosstein, Susan Wagner, Ben Golub, Hugh Frater, Robert S. Kapito, and Barbara Novick. The motivation behind the founding of the company was to help investors build better financial cultures
From the onset, it was in the business of risk management and fixed income institutional asset management. BlackRock Inc. has now become one of America’s largest corporations in investment management, with its base in New York City, U.S.
Within its 30years of operation, the company has evolved from being an eight-person start-up to an entity offering reliable financial technology. Its primary business is in helping its clients chart clear paths towards financial health. They have had a hundred of thousands of clients turn to them for the planning of goals related to their financial well-being.
Apart from being listed in NYSE markets, the company has 70 offices in 30 countries.