# Blackrock Investment Management, LLC

> Blackrock Investment Management, LLC is an SEC-registered investment advisory firm in Princeton, NJ, registered since 1999, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 24, 2026.

- CRD: 108928
- Filed as: BLACKROCK INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Princeton, NJ
- Filing period: October 2026
- Form ADV filing dated: July 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108928
- AdvisorCensus page: https://advisorcensus.com/firm/blackrock-investment-management-llc-princeton-nj-108928

## Quick answers

**How is Blackrock Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Blackrock Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Blackrock Investment Management, LLC located?**
Blackrock Investment Management, LLC's principal office is in Princeton, NJ, according to its Form ADV; the August 2026 filing also lists 13 other offices (Schedule D, Section 1.F).

**Is Blackrock Investment Management, LLC registered with the SEC or a state?**
Blackrock Investment Management, LLC is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 108928.

**How much does Blackrock Investment Management, LLC manage?**
Blackrock Investment Management, LLC reports $676,692,676,752 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (73% discretionary).

**How have Blackrock Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Blackrock Investment Management, LLC: Regulatory assets under management: $343,766,644,572 in the October 2021 data and $676,692,676,752 in the October 2026 data, up 97%. Total employees: 1,316 in October 2021 and 1,589 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackrock Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,754); high net worth individuals (4,269); corporations or other businesses not listed above (922).

**Which custodians does Blackrock Investment Management, LLC use?**
Blackrock Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of America N.A. and Citibank, N.A. as custodians holding 10% or more of its separately managed account assets.

**Does Blackrock Investment Management, LLC report any disciplinary disclosures?**
Reports 9 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters and 2 questions about civil court matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(2), 11.G, 11.H(1)(c), 11.H(2)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108928

**What changed in Blackrock Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 450 to 444. Regulatory assets under management went from $508,159,772,327 to $676,692,676,752 (+33%). Changed its office addresses in Chicago, IL. Changed its office addresses in Miami, FL. Added an office in Santa Monica, CA. No longer lists an office in Seattle, WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Bank of America N.A.
- Citibank, N.A.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $676,692,676,752
- Discretionary: $496,617,070,117
- Non-discretionary: $180,075,606,635

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4,754 | $2,396,207,586 |
| High net worth individuals | 4,269 | $55,824,038,442 |
| Banking or thrift institutions | 7 | $50,596,465,708 |
| Investment companies | 142 | $238,497,412,427 |
| Pooled investment vehicles (other than investment companies and business development companies) | 77 | $81,522,445,257 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 115 | $4,135,411,407 |
| Charitable organizations | 454 | $7,371,832,181 |
| State or municipal government entities (including government pension plans) | 12 | $14,151,320,517 |
| Other investment advisers | 64 | $180,914,816,865 |
| Insurance companies | 43 | $4,458,868,205 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $3,217,221,663 |
| Corporations or other businesses not listed above | 922 | $33,606,636,494 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1999 (26 years)
- Employees: 1,589 total, 444 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 9 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?
- 11.H(1)(c): Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?
- 11.H(2): Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/108928

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Atlanta, GA
- Boston, MA
- Chicago, IL
- Denver, CO
- District of Columbia, DC
- Miami, FL
- New York, NY
- Newport Beach, CA
- Philadelphia, PA
- San Francisco, CA
- Santa Monica, CA
- Sausalito, CA
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- blackrock.com
- douyin.com/user/MS4wLjABAAAATX0BkoY3SXPImjHUWTdWi02SNLwyACHjdmAnkjp298lIw88FuDLmYo-nln-UitiK
- ishares.com
- line.naver.jp/ti/p/@blackrocktw
- mp.weixin.qq.com/mp/profile_ext
- Facebook @BlackRock
- Facebook @iShares
- Instagram @blackrock
- LinkedIn @blackrock
- LinkedIn @ishares
- TikTok @blackrock
- X @blackrock
- X @ishares
- YouTube @UC61MWzrpcsazp23LOxCsTcg
- YouTube @UCrIXkHfv2tMzebAI1TcdDhg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $343,766,644,572 | 1,316 | August 12, 2021 |
| October 2022 | $417,958,632,269 | 1,453 | September 1, 2022 |
| October 2023 | $402,869,110,523 | 1,157 | August 28, 2023 |
| October 2024 | $458,191,510,749 | 1,483 | September 20, 2024 |
| October 2025 | $508,159,772,327 | 1,457 | July 30, 2025 |
| October 2026 | $676,692,676,752 | 1,589 | July 24, 2026 |

Regulatory assets under management: $343,766,644,572 in the October 2021 data and $676,692,676,752 in the October 2026 data, up 97%.
Total employees: 1,316 in October 2021 and 1,589 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 450 to 444.
- Regulatory assets under management went from $508,159,772,327 to $676,692,676,752 (+33%).
- Changed its office addresses in Chicago, IL.
- Changed its office addresses in Miami, FL.
- Added an office in Santa Monica, CA.
- No longer lists an office in Seattle, WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackrock Investment Management, LLC (CRD 108928): Form ADV filing data as of October 2026.
