BlackRock, Inc. (BLK) Presents at Bank of America Securities Financial Services Conference Call Transcript

BlackRock, Inc. (NYSE:BLK) Bank of America Securities Financial Services Conference Call February 11, 2025 9:40 AM ET

Company Participants

Martin Small – Chief Financial Officer

Conference Call Participants

Craig Siegenthaler – Bank of America

Craig Siegenthaler

Thank you all for joining Bank of America’s 33rd Annual Financial Services Conference. This is Craig Siegenthaler, North America Head of Diversified Financials at Bank of America. And it’s my pleasure to introduce Martin Small of BlackRock.

Martin is CFO and serves as the Global Head of Corporate Strategy. He’s also a member of BlackRock’s Global Executive Committee. And in his role as CFO, Martin oversees accounting, controllership, financial planning and analysis, tax, treasury, investor relations, corporate development and corporate strategy. Is that all?

Martin Small

That’s it for now.

Craig Siegenthaler

Okay. Before becoming CFO, Martin was head of BlackRock’s US Wealth Advisory. So, Martin, thank you for joining us here in Miami.

Martin Small

Thanks for having me, Craig. You look terrific today, energized by all this Florida Sun. It’s great.

Craig Siegenthaler

Thank you. But I think it’s more the Sun from this light over here. I think that’s good. I think we’re going to keep up this witty rapport and banter the whole time. Excellent breakout session for you today.

So, quick background on BlackRock. I think everybody here knows it, but largest asset manager in the world, largest global distribution platform, $11 trillion of assets under management. More importantly, it’s a leader or first mover in most of the secular businesses. iShares and ETFs, Aladdin and technology, Preqin and alternative data, retirement solutions and privates where they massively upgraded the platform this year with the acquisitions of HPS and GIP.

With that, let’s get started.

Question-and-Answer Session

Q – Craig Siegenthaler

So have a question on the macro front

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