BlackRock Account Types

1. Brokerage Accounts:

• BlackRock offers various brokerage accounts, including access to mutual funds, exchange-traded funds (ETFs), and separately managed accounts (SMAs).
• Minimum account sizes typically range from $250,000 to $1 million, depending on the investment strategy chosen.
• Their platform includes options for cash management and diversified portfolios tailored to specific investment outcomes.

2. Separately Managed Accounts (SMAs):

• SMAs allow for personalized and tax-efficient management of portfolios, providing investors with greater control over the individual securities held within their accounts.
• Customization options include factor tilts, sector exclusions, and values alignment to cater to specific investment objectives.

3. Mutual Funds and ETFs:

• BlackRock provides a wide range of mutual funds and ETFs that cover various asset classes, including equities, fixed income, and multi-asset strategies.
• Each fund has its own minimum investment requirements, typically around $1,000 for investor shares, which can be reduced to $50 with an automatic investment plan.

BlackRock Broker Account Opening Process

1. Choose a Brokerage Firm:

• Select a reputable brokerage firm such as Charles Schwab, Fidelity, or TD Ameritrade to facilitate your investment in BlackRock products.

2. Open an Account:

• Complete the application form, providing personal information such as your name, address, and social security number.
• You may also need to disclose your financial situation, investment experience, and goals.

3. Fund Your Account:

• Deposit funds into your brokerage account through bank transfers, checks, or other funding options offered by your chosen brokerage.

4. Place Your Order:

• Once your account is funded, locate BlackRock stock (BLK) or the specific funds you wish to invest in, and place your order specifying the number of shares and price.

5. Monitor Your Investment:

• Regularly check the performance of your investments and make adjustments as necessary to align with your financial goals.