Investors have been investing in blackrock since at least 2015.
However, it was only last year that the company started offering institutional investors access to its proprietary software.
Blackrock has since been acquired by the private equity firm Blackstone.
Blackrock also offers an online platform for institutional investors to invest in Blackrock shares, which it charges a 1% fee.
Blackstone’s acquisition of Blackrock also gives institutional investors the ability to invest directly in Blackstone stocks, meaning that investors will be able to see their investment gains as they occur rather than waiting for the full return.