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BlackRock finalizes acquisition of SpiderRock Advisors, LLC to strengthen SMA solutions

BlackRock finalizes acquisition of SpiderRock Advisors, LLC to strengthen SMA solutions

05/01/24, 1:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Industry
lending
fintech
financial services
financial services
BlackRock, a leading provider of financial technology and investment management services, has completed the acquisition of SpiderRock Advisors, LLC, a Chicago-based asset management firm specializing in customized option overlay strategies. This acquisition enhances BlackRock’s capabilities in delivering robust separately managed account solutions to wealth managers and their clients, reinforcing its commitment to meeting evolving needs in the wealth advisory market.

Company Info

Company
BlackRock Group
Location
New York, New York, United States
Company info
BlackRock Group is the world's largest asset management company. They specialize in investment management and risk management services. The firm is known for its innovative technology and broad array of investment products.

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