How BlackRock Became The Gold Standard

Author

Daniel Scott Drummond

Date of Award

2016

Document Type

Undergraduate Thesis

Department

Accountancy

First Advisor

Victoria Dickinson

Relational Format

Dissertation/Thesis

Abstract

BlackRock is not a household financial name in American culture today. Most people think of Goldman Sachs. JPMorgan Chase, or Bank of America instead. However. BlackRock. founded in 1988. has the most assets under management in the world with $4.3 trillion and more than likely will be deemed a systemically important financial institution soon. As this research shows, BlackRock has a globalized, diverse, and booming business, but it needs to improve in the following three ways: 1. Obtain greater technological expertise on the board of directors 2. Gain an online brokerage presence 3. Diversify its revenue streams In spite of these needed improvements, BlackRock still represents the ideal asset management company. In fact, it's the gold standard.

Recommended Citation

Drummond, Daniel Scott, "How BlackRock Became The Gold Standard" (2016). Honors Theses. 1989.
https://egrove.olemiss.edu/hon_thesis/1989

Accessibility Status

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