Citi taps BlackRock to manage $80 billion in wealth client assets

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Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

September 4, 2025 9:00 AM EDT

Harnesses the power and scale of two global leaders in wealth

$80 Billion Citi Wealth Client Assets to Be Managed by BlackRock in Largest Agreement of its Kind

NEW YORK--(BUSINESS WIRE)-- Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the worlds preeminent asset... More