Blackrock Hpb Management, LLC (New York)

Name: Blackrock Hpb Management, LLC
Address: 40 East 52 Nd Street, New York, NY, 10022
Telephone: 212-810-5300

Blackrock Hpb Management, LLC is a large advisory firm based in New York. It manages $221.87 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2004.

Blackrock Hpb Management provides pension consulting services and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blackrock Hpb Management: assets under management

The assets under management (AUM) of Blackrock Hpb Management, LLC is $221.87 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $221.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.49 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackrock Hpb Management, LLC for their services and products based on fixed fees and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Blackrock Hpb Management, LLC

Laurence Douglas Fink has been acting as President since 1 Apr 2003. Inc Blackrock Financial Management joined the executive team most recently as the Whole Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Howard P Berkowitz	President, ceo, cio and director	1 Apr 2003	Other	4664550
Laurence Douglas Fink	Director	1 Apr 2003	Other	830137
Ralph Lewis Schlosstein	Director	1 Apr 2003	Other	2041885
Inc Blackrock Financial Management	Majority shareholder of applicant	1 Apr 2003	75% - 100%	107105
Bartholomew Angelo Battista	Chief compliance officer	1 Apr 2003	Other	1263745
Howard Perry Berkowitz	President, ceo, cio and director	1 Apr 2003	Other	4664550
Robert S Kapito	Director	1 Sep 2007	Other	728399
Robert Steven Kapito	Director	1 Sep 2007	Other	728399
Inc Blackrock Financial Management	Whole shareholder	1 Dec 2007	75% - 100%	107105

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Blackrock Advisors	Sole shareholder	1 Oct 1994	75% - 100%	23-2784752
N.A. Pnc Bank	Sole shareholder	1 Mar 1995	75% - 100%	22-1146430
Inc. Pnc Bancorp	Sole shareholder	1 Mar 1995	75% - 100%	51-0326854
Inc. The Pnc Financial Services Group	Sole shareholder	1 Mar 1995	75% - 100%	23-6477964
Inc. Blackrock	Sole shareholder	1 Mar 1998	75% - 100%	51-0380803
Inc. Pnc Asset Management	Majority shareholder	1 Mar 1998	50% - 75%	51-0380821
Inc. Pnc Investment Holdings	Sole shareholder	1 Mar 1998	75% - 100%	51-0381437
Inc. Pnc Bancorp	Majority shareholder	1 Jan 2005	50% - 75%	51-0380821
Inc. Blackrock	Sole shareholder	1 Sep 2006	75% - 100%	51-0380803
Llc Blackrock Holdco 1	Sole shareholder	1 Sep 2006	75% - 100%	68-0635710
Llc Br Holdco 2	Sole shareholder	1 Sep 2006	75% - 100%	68-0635711
Inc. Blackrock Holdco 2	Sole shareholder	1 Sep 2006	75% - 100%	68-0635711

Based in New York

The principal office where Blackrock Hpb Management, LLC performs its advisory services is located at 40 East 52 Nd Street, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-810-5300 or by fax 212-810-3744. The normal business hours are 7:30 a.m. - 7:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.blackrock.com.