Brookfield Asset Management Pic Canada, LP is a large advisory firm based in Toronto, Ontario. It manages $52.52 billion of regulatory assets for 77 client accounts. It has been registered with the SEC as an adviser since 2009.
Brookfield Asset Management Pic Canada provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Brookfield Asset Management Pic Canada, LP is $52.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 560% since the beginning of its operation, and $31.34 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Brookfield Asset Management Pic Canada, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Brookfield Asset Management Pic Canada is pooled investment vehicles with 77 clients and $52.52 billion of assets under management. Among the 8 most similar advisory firms, Brookfield Asset Management Pic Canada has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $52.52 billion for 77 clients. 48% of the firm’s clients are foreign persons or businesses.
Brookfield Asset Management Pic Canada also advises several private funds. Namely, seventy eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 519 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Brookfield Asset Management Pic Canada, LP performs its advisory services is located at Brookfield Place, Suite 300, Toronto, Ontario, M5 J 2 T3, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 416-363-9491. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at brookfield.com/.