How does BlackRock, the world’s largest index and asset management company, make money?

BlackRock’s AUM like index trackers and ETFs top $9 trillion by mid-2023

Unbelievable brokage zero fees, How could this happen?

Why can US brokerages have zero fees? Order flow payment (Payment for order flow: PFOF) involves retail brokerage brokers, such as Robin Hood (ticker: HOOD) and TD Ameritrade (has been acquired by Charles Schwab, ticker: SCHW) to sell their customers’ market orders to third parties

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