BlackRock, Inc. (BLK) CEO Laurence Fink on Q3 2019 Results - Earnings Call Transcript

Oct. 15, 2019 11:52 AM ETBlackRock, Inc. (BLK) Stock, BLK StockBLK, BLK
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BlackRock, Inc. (NYSE:BLK) Q3 2019 Results Earnings Conference Call October 15, 2019 8:30 AM ET

Company Participants

Christopher Meade - Chief Legal Officer
Gary Shedlin - Chief Financial Officer
Laurence Fink - Chairman and Chief Executive Officer
Robert Kapito - President

Conference Call Participants

Craig Siegenthaler - Credit Suisse
Alexander Blostein - Goldman Sachs
Michael Carrier - Bank of America Merrill Lynch
William Katz - Citigroup
Michael Cyprys - Morgan Stanley
Patrick Davitt - Autonomous Research
Kenneth Worthington - JP Morgan

Operator

Good morning. My name is Jerome, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the BlackRock Incorporated Third Quarter 2019 Earnings Teleconference.

Our host for today's call will be Chairman and Chief Executive Officer, Laurence D. Fink; Chief Financial Officer, Gary S. Shedlin; President, Robert S. Kapito; and General Counsel, Christopher J. Meade.

All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer period. [Operator Instructions].

Thank you. Mr. Meade, you may begin your conference.

Christopher Meade

Good morning, everyone. I am Chris Meade, the General Counsel of BlackRock.

Before we begin, I'd like to remind you that, during the course of this call, we may make a number of forward-looking statements. We call your attention to the fact that BlackRock's actual results may, of course, differ from these statements.

As you know, BlackRock has filed reports with the SEC, which lists some of the factors that may cause the results of BlackRock to differ materially from what we say today. BlackRock assumes no duty and does not undertake to update any forward-looking statements.

So, with that, I'll turn it over to Gary.

Gary Shedlin

Thanks, Chris. And good morning, everyone. It's my pleasure to present results for the third quarter

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