Blackrock Fund Advisors
Registered investment adviser · San Francisco, CA · CRD #105247
Form ADV data as of 2026-09-01Regulatory assets
$4.28 trillion
Total accounts
556
Employees
128
Disclosure events
23
Firm details
- Website: https://www.youtube.com/channel/ucrixkhfv2tmzebai1tcddhg
- Telephone: 415 670 2000
- SEC file number: 801-22609
- Most recent Form ADV filing: 2026-05-15
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 9 disclosure questions answered Yes, covering 23 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- A self-regulatory organization found a violation of its rules
- Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
- A court dismissed an investment-related civil action under a settlement agreement
- Currently subject to a civil proceeding that could result in a disclosure under 11.H.(1)
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $4.28 trillion |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $4.28 trillion |
| Discretionary accounts | 556 |
| Non-discretionary accounts | 0 |
| Total accounts | 556 |
| Regulatory assets under management attributable to non-U.S. persons | $2.13 billion |
People
| Total employees (excluding clerical) | 128 |
| Employees performing investment advisory functions (including research) | 122 |
| Employees who are registered representatives of a broker-dealer | 44 |
| Employees registered as investment adviser representatives with a state | 2 |
| Employees registered as IARs for another investment adviser | 2 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Recommends securities in which it has another proprietary interest
- Executes agency cross transactions involving advisory client securities
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
- Brokers or dealers selected under 8.C.(3) are related persons
- Recommends brokers or dealers to clients
- Brokers or dealers recommended under 8.E. are related persons
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Investment companies | 520 | $4.28 trillion |
| Pooled investment vehicles (other than investment companies and BDCs) | 8 | $3.21 billion |
| State or municipal government entities (including government pension plans) | Not reported | $1.37 billion |