Average BlackRock Salary: By Location, Job Title, and Department (2024)

FAQs

What is the title structure of BlackRock? ›

The BlackRock hierarchy structure starts with the Global Executive Committee (GEC), which serves as its highest level of leadership within BlackRock. This is followed by the board of directors, the leadership team, and the CEO and Executive team. BlackRock has more than 16,000 employees spanning over 35 countries.

Highest Paying Jobs At BlackRock

The higher paying positions at BlackRock include vice president of engineering, portfolio manager, director, and senior software engineer.

How much does an Assistant Vice President make at BlackRock in the United States? The estimated average pay for Assistant Vice President at this company in the United States is $92,478 per year, which is 15% below the national average.

How much does a Vice President make at BlackRock in California? Average BlackRock Vice President yearly pay in California is approximately $158,183, which is 18% above the national average.

BlackRock cuts CEO Fink's pay 30% to $25.2M for past year

Fink, 70, received a $1.5 million base salary, $7.25 million in cash incentives, $12.7 million in long-term incentive awards and deferred equity of $3.75 million, the Midtown-based money manager said Friday in its annual proxy filing.

Fintel reports that BlackRock has filed a 13G/A form with the SEC disclosing ownership of 442.87MM shares of Pfizer Inc.

Salaries. Of the top 3 common jobs between the two companies, The Blackstone Group salaries averaged $14,598 higher than BlackRock.

Of the top 3 common jobs between the two companies, BlackRock salaries averaged $5,048 higher than Goldman Sachs.

How much does a Managing Director make at BlackRock in the United States? Average BlackRock Managing Director yearly pay in the United States is approximately $228,881, which is 85% above the national average.

The estimated total pay for a Vice President Marketing at BlackRock is $412,318 per year.

How much does a coo at BlackRock make? ›

The estimated total pay for a Chief Operating Officer at BlackRock is $541,667 per year.

$446,006. The estimated total pay for a Vice President at The Blackstone Group is $446,006 per year.

The estimated total pay for a Vice President at The Blackstone Group is $383,335 per year.

BlackRock Inc., the world's largest asset manager, plans to raise base salaries 8% for all employees director level and below, effective Sept. 1, to reward them for their work during the pandemic.

Schwarzman, 76, received total compensation of $253.1 million in 2022, up about 58% from the prior year. A big part of the increase came from nearly $190.5 million in carried interest and incentive fees, which represent his portions of profits on Blackstone funds when they top a specified performance threshold.

April 6 (Reuters) - Morgan Stanley (MS. N) Chief Executive James Gorman's total compensation rose nearly 13% to $39.4 million in 2022 versus a year earlier, according to a filing Thursday. That is higher than the $31.5 million package the bank reported in January, which reflected a 10% pay cut.

Chevron Corp. Chief Executive Officer Mike Wirth will receive an 8.8% increase in salary after the oil major posted record profit for 2022. Wirth's base salary will rise to $1.85 million this year, the San Ramon, California-based company said in a regulatory filing .

The combined holdings of the index fund industry's three giants — BlackRock, Vanguard and State Street — make up a 13.58% stake in Tesla, it found. Vanguard funds own 6.85% of Tesla, adding up to the second-biggest shareholder, while BlackRock and State Street funds have a 3.6% and 3.13% stake, respectively.

Who is the largest shareholder of BlackRock? ›

Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 9.0% of shares outstanding. Capital Research and Management Company is the second largest shareholder owning 4.6% of common stock, and State Street Global Advisors, Inc. holds about 4.2% of the company stock.

Average Blackstone Consulting, Inc Human Resources Business Partner yearly pay in the United States is approximately $69,822, which is 22% below the national average.

It's not easy to get a job at Blackstone. Last year, the fund received 29,000 applications for 103 junior (analyst) positions – an acceptance rate of 0.4%. Unusually high pay is the main attraction.

Blackstone topped the overall ranking of North American banks based on prestige and quality of life as the “most prestigious program for budding investment bankers,” according to career research firm Vault.

J.P. Morgan scored higher in 5 areas: Overall Rating, Diversity & Inclusion, Compensation & Benefits, Career Opportunities and Positive Business Outlook. BlackRock scored higher in 3 areas: Culture & Values, Work-life balance and CEO Approval.

JPMorgan Chase & Co's brand is ranked #72 in the list of Global Top 100 Brands, as rated by customers of JPMorgan Chase & Co. Their current market cap is $451.20B. BlackRock's brand is ranked #602 in the list of Global Top 1000 Brands, as rated by customers of BlackRock. Their current market cap is $108.30B.

The estimated total pay for a Managing Director at The Blackstone Group is $649,273 per year.

According to Glassdoor it is anywhere between 25–40%. But keep in mind that bonuses are based on factors such as how well BlackRock does that year, and mostly your performance.

BlackRock pays $45 per hour or $94,062 per year on average in New York, NY. Salaries at BlackRock range from an average of $60,000 to $146,000 a year.

What does a vice president at BlackRock do? ›

Key Responsibilities:

Advance BlackRock's US federal public policy priorities, collaborating closely with Legal & Compliance, Communications, and other teams across BlackRock to ensure alignment of views.

Yes, a COO is higher than a CFO.

The CFO is responsible for analyzing and reviewing financial data, reporting financial performance, preparing budgets, and monitoring expenditures and costs.

The estimated total pay for a Market Leader at BlackRock is $245,414 per year.

The estimated total pay for a Risk Manager at BlackRock is $167,072 per year.

BlackRock pays an average salary of $83,670 per year. This base compensation is the equivalent of $42 per hour assuming a 40 hour work week (2,000 hours per year).

Investment Manager salary in India ranges between ₹ 2.6 Lakhs to ₹ 35.0 Lakhs with an average annual salary of ₹ 4.0 Lakhs.

The estimated total pay for a Assistant Vice President at The Blackstone Group is $268,248 per year.

The estimated total pay for a Private Equity Principal at The Blackstone Group is $421,968 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $177,701 per year.

How much does Blackstone Products in the United States pay? Average Blackstone Products hourly pay ranges from approximately $11.96 per hour for Operations Clerk to $22.00 per hour for Shift Manager.

How much does a MD at Blackstone Real Estate make? ›

The typical The Blackstone Group Managing Director salary is US$309,067 per year. Managing Director salaries at The Blackstone Group can range from US$181,005 - US$415,395 per year.

Private Equity Analyst salary at The Blackstone Group India ranges between ₹ 44.0 Lakhs to ₹ 52.0 Lakhs.

The typical The Blackstone Group Assistant Vice President salary is US$136,097 per year.

Our pay for performance approach means your total compensation reflects individual, business and company performance. For most employees, total compensation includes a base salary plus an annual discretionary bonus.

Highest Paying Jobs At BlackRock

The higher paying positions at BlackRock include vice president of engineering, portfolio manager, director, and senior software engineer.

The highest-paying job at Blackrock is a Director with a salary of ₹64.9 Lakhs per year.

BlackRock is ranked 184th on the Fortune 500 list of the largest United States corporations by revenue. BlackRock, Inc. New York City, New York, U.S. BlackRock has sought to position itself as an industry leader in environmental, social, and corporate governance (ESG).

BlackRock manages US$80bn across a broad range of hedge fund strategies. With over 20 years of proven experience, the depth and breadth of our platform has evolved into a comprehensive toolkit of strategies.

BlackRock for wealth managers

We're connecting the people, insights, and technology needed to power through uncertainty – and changing the way wealth managers work with individual investors. Capital at risk. All financial investments involve an element of risk.

Corporations give their employees titles based on the roles and responsibilities they have within the company. While some companies use titles such as CEO, chief technology officer and chief marketing offer, smaller companies may use president, vice president, director and manager as titles for their employees.

Does BlackRock pay better than Goldman Sachs? ›

Of the top 3 common jobs between the two companies, BlackRock salaries averaged $6,032 higher than Goldman Sachs.

BlackRock's brand is ranked #602 in the list of Global Top 1000 Brands, as rated by customers of BlackRock. Their current market cap is $108.30B. The Blackstone Group's brand is ranked #958 in the list of Global Top 1000 Brands, as rated by customers of The Blackstone Group. Their current market cap is $47.16B.

BlackRock revenue is $17.9B. Among it's competitors, the company with the highest revenue is Morgan Stanley, $48.2B . The company with the lowest revenue is MFS Investment Management, $500.0M.

BlackRock is a top shareholder across a wide range of global industries that include oil and gas, technology, retail, big banks, healthcare, weapons manufacturing, and much more. All this makes BlackRock one of the most powerful corporate actors on the planet, whose influence touches every aspect of our daily lives.

Whereas an investment manager will often follow traditional industry practices for managing a portfolio, a wealth manager may consider unique or bespoke strategies to achieve a client's betterment and financial well-being.

Blackrock is rated 4.1 out of 5, based on 274 reviews by employees on AmbitionBox. Blackrock is known for Job Security which is rated at the top and given a rating of 4.1. However, Career growth is rated the lowest at 3.4 and can be improved.

Wealth Management is an all-encompassing approach to your finances designed to protect and grow wealth and includes other tangible assets. Asset Management is fiduciary portfolio management with a goal of providing cash flow, growing the portfolio, and mitigating risk.

Positional power: A VP is second or third in the chain of command, a leadership role that allows them to make company-wide decisions. A director is a rung down the ladder and has the power to make department-specific decisions. Superiors: A VP reports directly to the CEO and may also work with a CFO or COO.

The biggest difference between the 'head of' and director roles is the scale of the position. A 'head of' is like a director-level role but at a smaller scale. Therefore, they are able to direct their team and have more face time with each employee. Directors are managing large-scale operations.

Level of experience

A coordinator role is typically an entry-level position in most industries. Depending on the organization, coordinators may need a bachelor's degree, but they may not need additional experience. In contrast, employers often require specialists to have several years of experience in the industry.