BlackRock finalizes acquisition of SpiderRock Advisors, LLC to strengthen SMA solutions
05/01/24, 1:03 PM
Location
new yorkchicagoIndustry
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
Location
New York, New York, United States
Company info
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate
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