BlackRock Investor Conference Presentation Deck
...have impacted BlackRock's effective fee rate
22.1 bps
2012
Eff. Fee Rate
0.8
Organic
Growth
0.2
Acquisitions
(0.9)
Pricing
Investments
(3.9)
Beta / FX
18.3 bps
IR1218U-683415-2109255
9/30/18 YTD
Controllable
Note: Information for 2012 above does not reflect the recast related to the adoption of the new revenue recognition standard. For further information, refer to the Current Report on Form 8-K furnished on
March 22, 2018 as well as previously filed Form 10-Ks.
Effective fee rate represents investment advisory, administration fees and securities lending revenue earned on total average AUM. Total average AUM is calculated as 13-point average for 2012 8
and 10-point average for 9/30/18 YTD of the month-end spot AUM amounts. 9/30/18 YTD fee rate is annualized. Beta represents market impact on total AUM. FX represents FX impact on total AUM.View entire presentation