Full text of BLACKROCK INVESTMENTS, LLC's X-17A-5 filed 2020-02-28 (period 2019-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ## **BLACKROCK INVESTMENTS, LLC** # **STATEMENT OF FINANCIAL CONDITION AS OF DECEMBER 31, 2019 AND REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** {1}------------------------------------------------ #### **Contents** | Report of Independent Registered Public Accounting Firm | 1 | |---------------------------------------------------------|---| | Statement of Financial Condition | 2 | | Notes to Statement of Financial Condition | 3 | {2}------------------------------------------------ {3}------------------------------------------------ # BlackRock Investments, LLC Statement of Financial Condition December 31, 2019 (Dollar amounts in thousands) | Assets | | |------------------------------------------|---------------| | Cash and cash equivalents | \lt;br>49,966 | | Due from related parties | 41,669 | | Deferred sales commissions, net | 5,577 | | Other assets | 4,167 | | Total assets | \lt;br>101,379 | | | | | Liabilities | | | Due to broker-dealers | \lt;br>35,049 | | Due to related parties | 729 | | Accounts payable and accrued liabilities | 1,028 | | Total liabilities | 36,806 | | | | | Member's equity | 64,573 | | Total liabilities and member's equity | \lt;br>101,379 | | | | See accompanying notes to statement of financial condition. {4}------------------------------------------------ ### **1. Organization** BlackRock Investments, LLC (the "Company"), a Delaware limited liability company, is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is an indirect, wholly owned subsidiary of BlackRock, Inc. (together, with its subsidiaries "BLK"). The Company is a registered broker-dealer under the Securities Exchange Act of 1934 (the "Act") and is a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. The Company is the distributor or placement agent of various BLK-sponsored mutual funds, *iShares*® exchange-traded funds, other BLK-sponsored privately placed funds, and certain municipal securities (collectively, the "Funds"). #### **2. Significant Accounting Policies** #### **Basis of Presentation** The statement of financial condition has been prepared in accordance with accounting principles generally accepted in the United States ("GAAP"). The preparation of the statement of financial condition in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities…Read the full text as markdown