How BlackRock Makes Money

With $6.28 trillion in assets under management, BlackRock, Inc. (BLK) is—at least by that measure—the largest investment management company in the world, publicly traded or otherwise. Boasting a market capitalization of over $86 billion, the firm sells mutual funds, exchange-traded funds, and closed-end funds—in addition to other vehicles that focus on objectives ranging from retirement income (the firm’s own branded CoRI funds) to college saving plans. Although BlackRock has expanded to offices in 30 nations, the firm still makes most of its money close to home.

source https://finance.yahoo.com/m/bbb812c0-0055-357d-98e0-1e95ac488d50/how-blackrock-makes-money.html?.tsrc=rss

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