Press Releases

BlackRock designated by Edward Jones as a Strategic Product Partner

Jul 26, 2018

(New York) July 26, 2018 -- BlackRock, Inc. (NYSE: BLK) has been designated by Edward Jones as a Strategic Product Partner based on the alignment between the two firm’s investment philosophies and client-centric cultures.

“We have long admired Edward Jones’ focus on providing personalized advice, guidance and service to serious, long-term individual investors. We are delighted by the opportunity to further our relationship, which is built on our shared mission to create better financial futures for clients,” said Salim Ramji, head of BlackRock’s US Wealth Advisory business.

The designation of BlackRock as a Strategic Product Partner reflects an expansion of a long-standing distribution relationship between the two firms. More than 16,000 Edward Jones financial advisors across the country have access to BlackRock’s diversified suite of mutual funds, iShares ETFs, educational content and practice management.

"We're pleased to add BlackRock to our list of strategic product partners," said Kyle Andersen, Edward Jones principal, managed investments. "We believe strengthening this relationship is a positive step in helping our clients achieve their investment goals."

“Edward Jones and BlackRock share the recognition of the great privilege and responsibility we each have in managing the assets under care with which we are entrusted,” said Joe DeVico, Head of BlackRock’s National Wealth Manager business. “Helping individuals to realize their financial goals is a mission that BlackRock believes in deeply, and we are proud to serve Edward Jones advisors as they build better financial futures for their clients.”

 

About iShares

iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 800 funds globally across multiple asset classes and strategies and more than $1.8 trillion in assets under management as of June 30, 2018, iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.

1 Based on $6.3 trillion in AUM as of 6/30/18

 

About Edward Jones

Edward Jones, a Fortune 500 company headquartered in St. Louis, provides financial services in the U.S. and, through its affiliate, in Canada. Every aspect of its business, from the investments it offers to the location of its branch offices, caters to individual investors. The firm's 16,000−plus financial advisors serve more than 7 million clients and care for $1 trillion in assets under management. Edward Jones ranked No. 5 on the FORTUNE Magazine "100 Best Companies to Work For®" in 2017.

Visit us at www.edwardjones.com. Our recruiting website is www.careers.edwardjones.com.

Member SIPC.

 

Media Contacts

Sally Lyden, BlackRock: Sally.Lyden@BlackRock.com; 646.310.1273

John Boul, Edward Jones: John.Boul@edwardjones.com; 314.515.3265

About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of September 30, 2018, the firm managed approximately $6.44 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com.