BlackRock Seeks to Double Size of Retail Business

Global investment services firm BlackRock is expanding their retail business. Investment News reports

And now the $3 trillion firm, long a leader in the institutional market, wants to double the size of its retail business (excluding exchange-traded funds) by 2014, primarily by targeting registered investment advisers, wirehouses and independent broker-dealers…

To support its retail efforts, BlackRock plans to hire 20 external and 20 internal wholesalers over the next 18 months, adding to its 182-member wholesaler team. Over the next year, the firm will hire a three-person training team to assess the skills of its wholesalers and work to develop them so they serve advisers’ needs, Mr. Porcelli said.

You can find current openings at BlackRock here; many more positions beyond retail. Check out employee reviews and interviewing tips from Glassdoor.com if you decide to apply.