BlackRock ( NYSE: BLK ) Q4 2011 Earnings Call January 19, 2012 9:00 AM ET Executives Patrick Olson - Managing Director Laurence Douglas Fink - Executive Chairman, Chief Executive Officer, Senior Member of Operating Committee, Senior Member of Leadership Committee and Chairman of Executive Committee Ann Marie Petach - Chief Financial Officer and Senior Managing Director Analysts Matthew Kelley - Morgan Stanley, Research Division Michael Carrier - Deutsche Bank AG, Research Division William R. Katz - Citigroup Inc, Research Division Robert Lee - Keefe, Bruyette, & Woods, Inc., Research Division Daniel Thomas Fannon - Jefferies & Company, Inc., Research Division J. Jeffrey Hopson - Stifel, Nicolaus & Co., Inc., Research Division Alex Kramm - UBS Investment Bank, Research Division Operator Good morning.