Decent place to work, but compensation doesn't really move once you're in - Custody Operations BlackRock Employee Review

3.0
Feb 27, 2013
Recommend
CEO approval
Business Outlook

Pros

Prestige, everyone knows BlackRock. Easy to move around if you get bored with your current role. BlackRock University is awesome for technical and soft skill workshops.

Cons

Some of the managers never leave their offices and don't empower or talk to employees. Decent pay to start, and then it slowly (2-3% per year) creeps up, even for the great employees. I've seen this time and time again. Promotions are political, so you really have to network, which is a good if you're outgoing, but bad if you're shy even if you're an outstanding employee

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5.0
Jul 4, 2026
Recommend
CEO approval
Business Outlook

Pros

very diverse and encourage learning and lateral move

Cons

start frequent layoffs after pandemic.

2.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Branding branding branding!!! an incredible brand, and having it on your resume opens some doors but not all.

Cons

The Preqin acquisition never really found its identity after becoming part of BlackRock. It felt like the focus shifted from listening to clients to fitting Preqin into a broader BlackRock strategy. As AI changes how firms access and analyze private market data, simply being a data provider isn’t enough anymore. My impression was that Preqin’s long-term value is likely to come from being integrated into the broader Aladdin ecosystem and APIs, rather than remaining a standalone platform. Leadership would benefit from spending more time listening to customers and the teams on the front lines instead of assuming they already know what the market wants.

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