BlackRock (BLK) Partners GeoWealth, Enhances Model Offerings
BlackRock(BLK) ZACKS·2024-06-27 23:30
BlackRock Inc. (BLK) entered into a strategic partnership with GeoWealth, a financial technology firm, to expand its capabilities to cater to the needs of clients in the $37 trillion U.S. wealth market. This move aligns with the company’s growth strategy to boost its offerings.As of Dec 31, 2023, the GeoWealth platform had more than $28 billion of assets across nearly 180,000 accounts and roughly 200 registered investment advisors. Last year, it expanded its third-party model marketplace to include more tha ...