Craig Siegenthaler
Representative, Bank of America
Replay available
BlackRock, Inc. (NYSE: BLK) Q1 2025 earnings conference call, held 2025-04-11. Replay captured from the company's public earnings webcast.

Representative, Bank of America
General Counsel, BlackRock
Representative, Morgan Stanley
Chairman and CEO, BlackRock
Analyst, Autonomous Research
Analyst, Jefferies
Representative, Goldman Sachs
Representative, Wells Fargo Securities
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WEBVTT 00:00:00.031 -- 00:00:03.656 If you would like to withdraw your question, please press star two. 00:00:03.656 -- 00:00:07.419 Thank you. Mr. Meade, you may begin your conference. 00:00:07.742 -- 00:00:12.449 Good morning, everyone. I'm Chris Meade, the General Counsel of BlackRock. 00:00:12.449 -- 00:00:16.594 Before we begin, I'd like to remind you that during the course of this call, we may make 00:00:16.594 -- 00:00:19.519 a number of forward-looking statements. 00:00:19.519 -- 00:00:24.085 We call your attention to the fact that BlackRock's actual results may, of course, differ 00:00:24.085 -- 00:00:26.208 from these statements. 00:00:26.208 -- 00:00:30.647 As you know, BlackRock has filed reports with the SEC which lists some of the factors 00:00:30.647 -- 00:00:35.973 that may cause the results of BlackRock to differ materially from what we see today. 00:00:35.973 -- 00:00:41.640 BlackRock assumes no duty and does not undertake to update any forward-looking statements. 00:00:41.640 -- 00:00:44.523 So with that, I'll turn it over to Martin. 00:00:44.523 -- 00:00:49.068 Thanks, Chris. Good morning, everyone. It's my pleasure to present results for the first 00:00:49.068 -- 00:00:51.291 quarter of 2025. 00:00:51.291 -- 00:00:56.444 Before I turn it over to Larry, I'll review our financial performance and business results 00:00:56.444 -- 00:01:01.029 Our earnings release discloses both gap and as-adjusted financial results. 00:01:01.029 -- 00:01:05.672 I'll be focusing primarily on our as-adjusted results. 00:01:05.934 -- 00:01:11.881 We've built BlackRock's platform to help clients in all market environments. 00:01:11.881 -- 00:01:17.227 Even against a sharp change in markets and uncertainty in fiscal and monetary policy, 00:01:17.227 -- 00:01:22.452 our st...