BlackRock Reviews

Updated September 17, 2014
Updated September 17, 2014
628 Reviews
3.3
628 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
453 Ratings

Review Highlights

Pros
  • While it was not quite as relaxed as the San Francisco office, I found solid work life balance (in 41 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 46 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm (in 58 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 44 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Not BGI, which was a wonderful company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA
    Former Employee - Vice President in San Francisco, CA

    I worked at BlackRock full-time for more than 3 years

    Pros

    Money, but not as lucrative as BGI. With the acquisition, came a brain drain, so the NY bankers weren't equipped to deal with the market changes.

    Cons

    Everything else, such as a lack of leadership, transparency, interest in the local office, and the brain drain.

    Advice to ManagementAdvice

    If you can't or won't be transparent, at least say that rather than completely lying to your employees. This was true all the way to the top, including Larry Fink. Guess the name should have warned us.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at BlackRock full-time for more than 3 years

    Pros

    Great brand, smart people, challenging work

    Cons

    Work/life balance is tilted towards

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at BlackRock full-time for less than a year

    Pros

    Great opportunities to get involved, 'nice' people--everyone is willing to help you learn. Diverse work, and plenty of opportunities to develop marketable skills. Great firm culture. Pretty good hours. Solid training program.

    Cons

    Bureaucracy and size of the firm. Can be tough to find information that you need. Can be tough to communicate with people at times. Micromanagement.

    Advice to ManagementAdvice

    Focus on returning to what the firm has done well in the past rather than trying to implement new methods just because they are popular.
    Offer more competitive benefits and salary to retain young talent.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Cut-throat financial firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at BlackRock full-time

    Pros

    Best asset mgmt firm in the world. Huge firm with a lot of smart people.

    Cons

    A lot of politics in the office. Cut throat culture. The firm is 80% male and lacks female. People work hard and there is hardly any work life balance. Most people are 30-50 years old and don't have families and dedicate their life and soul to finance.

    Disapproves of CEO
  6.  

    Good place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - PAG Analyst  in  Wilmington, DE
    Current Employee - PAG Analyst in Wilmington, DE

    I have been working at BlackRock full-time for more than 3 years

    Pros

    Abundant training, patient coworkers and a friendly work environment. Easy to move around the company after a year or two.

    Cons

    Slow progression and salary gain on the lower levels

    Advice to ManagementAdvice

    Agressively promote within the company in the operational roles.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Amazing on the business side, not so much on the tech side

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock full-time for more than 10 years

    Pros

    Excellent salaries when compared to its own and other industries; incredibly smart people; understand and solve the business problems well; great work life balance

    Cons

    On the tech side, there is a very low standard for quality... instead they want things done as fast as possible;

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Horrible culture. No interest in people development. Managers with no integrity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Relationship Manager  in  New York, NY
    Former Employee - Human Resources Relationship Manager in New York, NY

    I worked at BlackRock full-time for more than 5 years

    Pros

    Financial wellness focus. Retirement fund. Merrill Lynch advisor program to help you manage your earnings.

    Cons

    Highly political. Doesn't matter how you treat people as long as you make money. Deeply seeded racism and bias in promotion process. No understanding or commitment to diversity.

    Advice to ManagementAdvice

    HR is not there just to keep you out of jail. The right people in that function can help address cultural issues. The desire to change has to start from the top.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Interesting job, limited growth potential, depressed personnel

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk and Quantitative Analyst  in  New York, NY
    Former Employee - Risk and Quantitative Analyst in New York, NY

    I worked at BlackRock as an intern for less than a year

    Pros

    Nice office, good direct manager, good benefits

    Cons

    port work-life balance, poor compensation for analyst/associate level employees, limited growth opportunities

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    They took the soul out of iShares.

    Former Employee - E-Business  in  San Francisco, CA
    Former Employee - E-Business in San Francisco, CA

    I worked at BlackRock as a contractor for more than a year

    Pros

    Depends on the group you are in. Better to be in headquarters in New Jersey where the seat of power is.

    Cons

    Not creative, very hierarchal. Everything dictated out of the New Jersey HQ. California people are just puppets.

    Doesn't Recommend
  11. 1 person found this helpful  

    BlackRock

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  San Francisco, CA
    Former Employee - Vice President in San Francisco, CA

    I worked at BlackRock full-time for more than 3 years

    Pros

    Not a lot to say about pros. Nice office (because they bought Barclays Global Investors).

    Cons

    Lots of cons: boiler room environment where they'll work you long hours with little perks, management has cheap mentality even when company is hugely profitable, almost everyone worships (or appear to worship) Larry Fink (CEO) - in some meetings there's a poster of Larry Fink, which reminds me the North Korean dictator. They might have a good reputation of being the biggest asset manager but it's an awful place to work . Arrogant people - they think they're the best even though they're far from it.

    Advice to ManagementAdvice

    Management will lie through their teeth telling you things you want to hear (e.g. they care about people, etc.) but they'll let you go and won't even acknowledge it. It seems there's always restructuring, I think it's just their excuse to let people go. There must be a better way to make a living than working for this company.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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