BlackRock reviews

Large organization with multiple layers of middle management who do not add much value. Rife with politics.

1) BlackRock has a talent issue. This is well known. All the good, hungry people get headhunted away relatively early on. Inevitably the firm is left with non-urgent, slow-responding group of people who are definitely smart, but by no means on top of their game. This is why the passive side of the business no doubt takes precedence and priority over the active side of the business 2) Despite of unparalleled access to brokers and company management, BlackRock's performance on the active side is really quite embarrassing. Due to point 1. 3) Work culture is relaxed, perhaps too relaxed, for good reason - the senior people get paid well enough to chill-out and don't find the need to train good juniors (this is why all the good ones leave, so they can learn from better leadership). This is reflected in the pay at BlackRock which is not market competitive. 3) Pay is a key issue why BlackRock has a real problem retaining top talent. Most people that join BlackRock want to be a lifer and chill-out. So if you are wanting to make proper bucks, trust me, this is not the place to go.