Related Party Transactions |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | 18. Related Party Transactions The Company derives a significant portion of its investment advisory, administration fees and investment advisory performance fees from investment products that it manages. In addition, equity method investments are considered related parties, due to the Company’s influence over the financial and operating policies of the investee. As a result, a substantial majority of BlackRock's investment advisory, administration fees and investment advisory performance fees as well as accounts receivable related to such revenue are from related parties. Due from Related Parties Due from related parties, which is included within other assets on the condensed consolidated statements of financial condition, was $270 million and $245 million at June 30, 2025 and December 31, 2024, respectively, and represented receivables from certain investment products managed by BlackRock. |