Blackrock Institutional Management Corporation (Wilmington)

Name: Blackrock Institutional Management Corporation
Address: 100 Bellevue Parkway, Wilmington, DE, 19809
Telephone: 302-797-2000

Blackrock Institutional Management Corporation is a large advisory firm based in Wilmington. It manages $100.36 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Maryland, Massachusetts, and New York.

Blackrock Institutional Management Corporation provides portfolio management for investment companies. 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 Institutional Management Corporation: assets under management

The assets under management (AUM) of Blackrock Institutional Management Corporation is $100.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 161% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.69 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blackrock Institutional Management Corporation for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Blackrock Institutional Management Corporation

Paul L Audet has been acting as President since 1 Apr 1999. Inc. Pnc Bancorp joined the executive team most recently as the Majority Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Blackrock Advisors	Sole shareholder of applicant	1 Mar 1995	75% - 100%	23-2784752
Llc Blackrock Advisors	Sole shareholder of applicant	1 Mar 1995	75% - 100%	23-2784752
Laurence Douglas Fink	Chief executive officer	1 Feb 1998	Other	830137
Ralph Lewis Schlosstein	President and director	1 Feb 1998	Other	2041885
Robert Steven Kapito	Vice chairman and director	1 Feb 1998	Other	728399
Robert Peter Connolly	General counsel, secretary and managing director	1 Feb 1998	Other	2024363
Henry Gabbay	Managing director, portfolio compliance	1 Feb 1998	Other	2041887
Bartholomew Angelo Battista	Director, regulatory compliance	1 Aug 1998	Other	1263745
Daniel R Waltcher	Assistant secretary, director	1 Oct 1998	Other	2903300
Paul L Audet	Director	1 Apr 1999	Other	4340709
Laurence James Carolan	Managing director and director	1 Feb 2000	Other	2310920
Kevin Michael Klingert	Managing director and director	1 Feb 2000	Other	1477924
John Patrick Moran	Managing director and director	1 Feb 2000	Other	714067
Thomas Hunter Nevin	Managing director and director	1 Feb 2000	Other	346828
Mark Gordon Steinberg	Director	1 Jul 2004	Other	434845
Steven E. Buller	Chief financial officer	1 Oct 2005	Other	5050207
Charles Shaul Hallac	Chief administrative officer & managing director	1 Jul 2007	Other	1523213
Robert S Kapito	President and managing director	1 Sep 2007	Other	728399
Robert Steven Kapito	President and managing director	1 Sep 2007	Other	728399
Ann Marie Petach	Chief financial officer	1 Jun 2008	Other	5569378
Paul Louis Audet	Director	1 Jun 2008	Other	4340709
Susan Lynne Wagner	Vice chairman & chief operating officer	1 Mar 2009	Other	1310482
Charles Shaul Hallac	Vice chairman & co-chief operating officer	1 Mar 2009	Other	1523213
Amy J. Engel	Treasurer and managing director	1 Dec 2009	Other	5745269

Indirect Owners

The SEC currently registers 13 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
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%	51-0380820
Inc. Blackrock	Sole shareholder	1 Sep 2006	75% - 100%	51-0380803
Inc. Blackrock Us Newco	Sole shareholder	1 Sep 2006	75% - 100%	12-3456789
Llc Blackrock Holdco 1	Sole shareholder	1 Sep 2006	75% - 100%	68-0635710
Llc Br Holdco 2	Majority shareholder	1 Sep 2006	50% - 75%	68-0635711
Inc. Blackrock Holdco 2	Majority member	1 Sep 2006	50% - 75%	68-0635711
Inc. Blackrock Capital Holdings	Sole shareholder	1 Sep 2006	75% - 100%	12-3456789
Inc. Pnc Bancorp	Majority shareholder	1 Jan 2055	50% - 75%	51-0380821

Based in Wilmington

The principal office where Blackrock Institutional Management Corporation performs its advisory services is located at 100 Bellevue Parkway, Wilmington, DE 19809, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 302-797-2000 or by fax 302-797-2473. The normal business hours are 7:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.blackrock.com.