Investment adviser · CRD 107105

BLACKROCK FINANCIAL MANAGEMENT, INC

NEW YORK, NY, United States · Form ADV filed Aug 25, 2026

Regulatory AUM
$1.6T
Form ADV · Item 5.F
Client accounts
2,283
Accounts, not individual clients
Employees
7,987
Reported in this filing
Advisory professionals
889
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$798B$1.6TFY 2021: $1,318,243,655,697.00FY 2021FY 2022: $1,163,046,943,604.00FY 2022FY 2023: $1,288,497,806,439.00FY 2023FY 2024: $1,327,870,000,000.00FY 2024FY 2025: $1,595,099,828,916.00FY 2025

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$1,318,243,655,6976,043Mar 30, 2022
2022$1,163,046,943,6046,491Mar 30, 2023
2023$1,288,497,806,4396,407Mar 28, 2024
2024$1,327,870,000,0007,410Mar 31, 2025
2025$1,595,099,828,9167,987Mar 31, 2026

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles399$548,161,289,73934.4%
Insurance companies294$457,645,185,53828.7%
Government entities54$172,829,187,02210.8%
Retirement plans154$163,893,476,96010.3%
Corporations & businesses195$101,077,223,0206.3%
Sovereign wealth & foreign institutions49$90,420,609,6135.7%
Charities58$28,582,354,1961.8%
Investment companies21$17,373,069,5881.1%
Other investment advisers9$8,763,349,9580.5%
High-net-worth individuals64$5,434,214,8220.3%
Banks & thrifts6$839,141,4330.1%
Other clientsFewer than 5$79,123,1010.0%
Individuals6$1,603,9260.0%
Filing source

Form ADV 2128121 · Aug 25, 2026 · Item 5.D

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

DELOITTE IRELAND

Auditor · funds reporting this exact name in the selected filing

These are reported-name connections within this adviser's filing, not a verified global provider identity or market-wide client count.

Private funds & service providers

351 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

BLACKROCK SYSTEMATIC TOTAL ALPHA MASTER FUND LTD - AGGREGATEHedge Fund · Master$73.3BGross asset value
Fund administrator STATE STREET CAYMAN TURST COMPANY, LTD. SACRAMENTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States Other funds reporting this name →
Custodian STATE STREET BANK & TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

Fund details & source
Fund ID
805-1297993243
Reported beneficial owners
2
Minimum commitment
$100K

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

CURRENT ASSET FUND LIMITEDLiquidity Fund$9.1BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States Other funds reporting this name →
Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund details & source
Fund ID
805-1936363559
Reported beneficial owners
1
Minimum commitment
$1
Form D file number
021-192824

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BLACKROCK LONG TERM PRIVATE CAPITAL SCSPHedge Fund$4.6BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator BANK OF NEW YORK MELLON SA/NV LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS, SOCIETE COOPERATIVE LUXEMBOURG, Luxembourg Other funds reporting this name →
Custodian BANK OF NEW YORK MELLON SA/NV LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →
Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

PRICEWATERHOUSECOOPERS, SOCIETE COOPERATIVE
PCAOB 1328

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund details & source
Fund ID
805-2347803274
Reported beneficial owners
79
Minimum commitment
$10M
Form D file number
021-334965

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

QUALIFIED PURCHASER FUNDS, LLC STRATEGIC CASH PORTFOLIO IILiquidity Fund$4.19BGross asset value
Fund administrator STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS LLP PHILADELPHIA, Pennsylvania, United States Other funds reporting this name →
Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source
Fund ID
805-6149715428
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

GLOBAL INFRASTRUCTURE DEBT FUND II LEVERED FINCO LP - AGGREGATEOther Private Fund$4.12BGross asset value

No provider names available in this fund's imported disclosure.

Provider details
Annual audit
No
Prime brokers
No
Custodians
No
Administrator other than the adviser
No
External marketing
No
Fund details & source
Fund ID
805-4341455288
Reported beneficial owners
2
Minimum commitment
$5M

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

US ALPHA ADVANTAGE MASTER FUND LPHedge Fund · Master$4.08BGross asset value
Fund administrator JPMORGAN CHASE BANK, N.A. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States Other funds reporting this name →
Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Prime broker J.P. MORGAN SECURITIES INC. NEW YORK, New York, United States Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

J.P. MORGAN SECURITIES INC.
CRD 18718 · SEC 8-36950

Fund details & source
Fund ID
805-6042695177
Reported beneficial owners
1
Minimum commitment
$0

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BLACKROCK SYSTEMATIC TOTAL ALPHA FUND LTD.Hedge Fund · Master$3.94BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator STATE STREET CAYMAN TURST COMPANY, LTD. SACRAMENTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States Other funds reporting this name →
Custodian STATE STREET BANK & TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

Fund details & source
Fund ID
805-8275555398
Reported beneficial owners
1
Minimum commitment
$1M
Form D file number
021-380228

Form ADV 2128121 · Aug 25, 2026 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Aug 19, 2026 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 2128121 · Aug 25, 2026 · Items 1 & 5

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$1.59T
Non-discretionary
$2.27B

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

50 HUDSON YARDS
NEW YORK, NY, 10001, United States

CRD 107105

Filing source

Form ADV 2128121 · Aug 25, 2026 · Items 1 & 5

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.