Blackrock Realty Advisors Inc is a large advisory firm based in New York. It manages $1.49 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Blackrock Realty Advisors provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Blackrock Realty Advisors Inc is $1.49 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 160% since the beginning of its operation, and $449.43 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Blackrock Realty Advisors Inc for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Benjamin Joseph Young is pooled investment vehicles with 11 clients and $1.03 billion of assets under management. Among the 12 most similar advisory firms, Blackrock Realty Advisors has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.03 billion for 11 clients. 10% of the firm’s clients are foreign persons or businesses.
Blackrock Realty Advisors doesn't advise any private funds.
The company employs 88 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Benjamin Joseph Young has been acting as President since 1 Jun 2017. Charles Choon Sik Park joined the executive team most recently as the Chief Compliance Officer.
The principal office where Blackrock Realty Advisors Inc performs its advisory services is located at 40 East 52 Nd Street, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-810-5300. The normal business hours are 7:30am to 7:30pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.