BlackRock, agreed to acquire the remaining stake in SpiderRock Advisors, an asset management firm. Financial terms were not disclosed. “By giving BlackRock more SMA capabilities, this acquisition will enable us to meet growing demand from wealth managers for personalized, tax-efficient portfolios. We look forward to fully integrating SRA’s team and capabilities into our U.S. Wealth Advisory business and to further expanding our offerings in SMA solutions,” Joe DeVico, BlackRock Co-Head of Wealth Advisory business.