BlackRock is an American multinational investment management corporation founded in 1988 by four individuals, including Larry Fink, in New York City. In this article, we discuss the top BlackRock Competitors and Alternatives.
BlackRock is a leading global investment management company founded in 1988 and headquartered in New York City. With over $9 trillion in assets under management, it is considered the largest asset manager in the world. BlackRock provides investment solutions and services to institutional and individual clients, including mutual funds, exchange-traded funds (ETFs), alternative investments, and advisory services.
Renowned for its risk management proficiency and innovative investment strategies, BlackRock harnesses advanced technology and data analytics to afford clients a high level of personalized insights and solutions. With an emphatic focus on sustainability and responsible investing, the company furthers social and environmental positivity through its investing. As a respected global financial institution, BlackRock continues its legacy of shaping the investment environment and facilitating individuals and organizations toward financial and business success.
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1988
- Founders: Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick
- Headquarters: New York City, New York, United States
- Area Served: Worldwide
- Current CEO: Larry Fink
- Number of employees: 16,500+ (2023)
- Market capitalization: USD 43.92 billion (2023).
Table of Contents
The top BlackRock competitors are
1. Vanguard Group
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1975
- Founders: John C. Bogle
- Headquarters: Malvern, Pennsylvania, United States
- Area Served: Worldwide
- Current CEO: Tim Buckley
Vanguard Group is an investment management company that offers a wide range of investment products and services. As one of the largest asset managers in the world, Vanguard is known for its low-cost index funds and exchange-traded funds (ETFs). The brand is recognized for its investor-owned structure, meaning Vanguard’s employees and clients are its owners. Vanguard focuses on long-term investments, and its business strategy emphasizes the importance of diversification and low costs.
2. Fidelity Investments
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1946
- Founders: Edward C. Johnson II
- Headquarters: Boston, Massachusetts, United States
- Area Served: Worldwide
- Current CEO: Abigail Johnson
Fidelity Investments is a financial services company that offers a variety of investment products and services to individual investors, financial advisors, and institutions. Fidelity is known for its mutual funds covering various asset classes and investment strategies. The brand is also known for its wealth management, brokerage services, and retirement planning solutions. Fidelity aims to provide its clients with innovative tools and technologies to help them achieve their financial goals.
3. State Street Corporation
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1792
- Founders: John Hancock, Samuel Adams, Paul Revere
- Headquarters: Boston, Massachusetts, United States
- Area Served: Worldwide
- Current CEO: Ronald P. O’Hanley
State Street Corporation is a financial services company specializing in investment management and servicing. State Street is known for its expertise in custody, accounting, and administration services for institutional investors and hedge funds. The brand is also a leader in ETF servicing and offers a wide range of ETFs that cover different asset classes. State Street focuses on providing its clients with integrated solutions and global insights to help them navigate the complexities of the investment landscape.
4. JPMorgan Chase Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 2008
- Founders: Jamie Dimon
- Headquarters: New York City, New York, United States
- Area Served: Worldwide
- Current CEO: George Gatch
JPMorgan Chase Asset Management is the asset management division of JPMorgan Chase, one of the largest financial institutions in the United States. JPMorgan Chase Asset Management offers institutional and individual investors various investment strategies and solutions. The brand is recognized for its global reach, extensive research capabilities, and risk management expertise. JPMorgan Chase Asset Management aims to provide its clients with innovative investment solutions to help them achieve their financial objectives.
5. Goldman Sachs Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1988
- Founders: Peter Kraus
- Headquarters: New York City, New York, United States
- Area Served: Worldwide
- Current CEO: Eric Lane
Goldman Sachs Asset Management is the asset management division of Goldman Sachs, a global investment banking, securities, and investment management firm. Goldman Sachs Asset Management offers a broad range of investment products and services to institutional and individual investors. The brand is known for its investment expertise, research capabilities, and risk management practices across global markets. Goldman Sachs Asset Management aims to provide its clients with investment solutions to help them navigate changing markets and achieve long-term success.
6. Morgan Stanley Investment Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1975
- Founders: Morgan Stanley
- Headquarters: New York City, New York, United States
- Area Served: Worldwide
- Current CEO: Dan Simkowitz
Morgan Stanley Investment Management is the asset management division of Morgan Stanley, a leading global financial services firm. Morgan Stanley Investment Management offers institutional and individual investors various investment solutions and strategies. The wealth management brand and bank is known for its extensive research capabilities, risk management practices, and commitment to sustainable investing. Morgan Stanley Investment Management aims to provide its clients with innovative investment solutions to help them achieve their financial goals.
7. PIMCO
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1971
- Founders: Bill Gross
- Headquarters: Newport Beach, California, United States
- Area Served: Worldwide
- Current CEO: Emmanuel Roman
PIMCO (Pacific Investment Management Company) is an investment management firm that specializes in fixed-income investments. PIMCO offers various fixed-income solutions, including mutual funds, ETFs, and separately managed accounts. The brand is known for its expertise in global bond markets, macroeconomic analysis, and active management approach. PIMCO aims to provide its clients with investment solutions that can help them generate income, manage risk, and achieve long-term returns.
8. Capital Group
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1931
- Founders: Jonathan Bell Lovelace
- Headquarters: Los Angeles, California, United States
- Area Served: Worldwide
- Current CEO: Tim Armour
Capital Group is an investment management firm that offers a variety of investment products and services to individual and institutional investors. Capital Group is known for its active management approach and long-term investment perspective. The brand is recognized for its research-driven investment process, seasoned investment professionals, and commitment to delivering superior results. Capital Group aims to provide its clients with investment solutions to help them achieve their financial goals.
9. Northern Trust Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1889
- Founders: Byron Laflin Smith
- Headquarters: Chicago, Illinois, United States
- Area Served: Worldwide
- Current CEO: Shundrawn Thomas
Northern Trust Asset Management is the asset management division of Northern Trust Corporation, a global financial services company. Northern Trust Asset Management offers a wide range of investment solutions and strategies to institutional and individual investors. The brand is known for its client-centric approach, comprehensive investment capabilities, and focus on risk management. Northern Trust Asset Management aims to provide its clients with investment solutions to help them achieve their unique investment objectives.
10. Invesco
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1935
- Founders: Leslie Grayson
- Headquarters: Atlanta, Georgia, United States
- Area Served: Worldwide
- Current CEO: Martin L. Flanagan
Invesco is an independent investment management company that offers a variety of investment products and services to institutional and individual investors. Invesco is known for its broad range of investment capabilities, including active management, passive management, and alternative investments. The brand is recognized for its global presence, research-driven approach, and commitment to delivering value to its clients. Invesco aims to provide its clients with investment solutions to meet their specific investment needs and help them achieve their financial goals.
11. T. Rowe Price
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1937
- Founders: Thomas Rowe Price Jr.
- Headquarters: Baltimore, Maryland, United States
- Area Served: Worldwide
- Current CEO: William J. Stromber0g
T. Rowe Price is an investment management firm offering individual and institutional investors various investment strategies and solutions. The brand is known for its diverse lineup of mutual funds and its focus on active management. T. Rowe Price aims to provide its clients with investment options to help them achieve their long-term financial goals.
12. Wellington Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1928
- Founders: Walter L. Morgan
- Headquarters: Boston, Massachusetts, United States
- Area Served: Worldwide
- Current CEO: Brendan Swords
Wellington Management is an investment management firm that offers a variety of investment solutions to institutional clients. The brand is recognized for its global equity, fixed income, and multi-asset strategies expertise. Wellington Management focuses on understanding the needs and goals of its clients and tailoring investment solutions to meet their specific requirements.
13. 1Charles Schwab Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1987
- Founders: Charles R. Schwab
- Headquarters: Lone Tree, Colorado, United States
- Area Served: Worldwide
- Current CEO: Jonathan M. Craig
Charles Schwab Asset Management is the asset management division of Charles Schwab, a financial services company that offers brokerage and banking services in addition to investment management. Charles Schwab Asset Management provides various investment options, including mutual funds and ETFs. The brand is known for its low-cost investment options and commitment to putting clients first.
14. BNY Mellon Investment Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 2007
- Founders: Bank of New York and Mellon Financial Corporation
- Headquarters: New York City, New York, United States
- Area Served: Worldwide
- Current CEO: Hanneke Smits
BNY Mellon Investment Management is a global investment management firm that offers a broad range of investment solutions to institutional and individual investors. The company and brand are recognized for its extensive product lineup, which includes mutual funds, ETFs, and separately managed accounts. BNY Mellon Investment Management aims to provide its clients with investment solutions to help them achieve their unique financial objectives.
15. Amundi Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 2010
- Founders: Crédit Agricole and Société Générale
- Headquarters: Paris, France
- Area Served: Worldwide
- Current CEO: Yves Perrier
Amundi Asset Management is one of the largest asset managers in Europe, offering a wide range of investment solutions to institutional and individual investors. The brand is known for its global reach and its expertise in sustainable investing. Amundi Asset Management aims to provide its clients with investment solutions that combine financial performance with ESG (environmental, social, and governance) considerations.
16. Franklin Templeton Investments
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1947
- Founders: Rupert H. Johnson Sr.
- Headquarters: San Mateo, California, United States
- Area Served: Worldwide
- Current CEO: Jenny Johnson
Franklin Templeton Investments is an investment management firm that offers a variety of investment options to individual and institutional investors, including mutual funds and ETFs. The brand is recognized for its global presence and expertise in emerging markets. Franklin Templeton Investments aims to provide its clients with investment solutions to help them navigate changing market conditions and achieve their long-term financial goals.
17. Legal & General Investment Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1836
- Founders: Sergeant John Adams and five other lawyers
- Headquarters: London, United Kingdom
- Area Served: Worldwide
- Current CEO: Michelle Scrimgeour
Legal & General Investment Management is the investment management division of Legal & General Group, a global financial services company. Legal & General Investment Management offers a range of investment solutions to institutional clients, including pension funds and insurance companies. The brand is known for its expertise in index-based and active management strategies. Legal & General Investment Management aims to provide its clients with investment solutions that can help them achieve their investment objectives responsibly and sustainably.
18. UBS Asset Management
- Product Type: Investment management
- Industry: Financial services
- Founded Date: 1998
- Founders: UBS
- Headquarters: Zurich, Switzerland
- Area Served: Worldwide
- Current CEO: Suni Harford
UBS Asset Management is the asset management division of UBS Group, a global financial services firm. UBS Asset Management provides a wide range of investment solutions to institutional and individual investors. The brand is recognized for its global reach, extensive research capabilities, and client-focused approach. UBS Asset Management aims to provide its clients with investment solutions to help them achieve their financial goals by leveraging its global insights and expertise.
These were all the main competitors of BlackRock. If you know any other leading competitors, please comment below.
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