# Bentallgreenoak (U.S.) Limited Partnership

> Bentallgreenoak (U.S.) Limited Partnership is an SEC-registered investment advisory firm in Seattle, WA, registered since 1985, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.

- CRD: 111470
- Filed as: BENTALLGREENOAK (U.S.) LIMITED PARTNERSHIP
- Also doing business as: BENTALL KENNEDY, BENTALLGREENOAK, BGO
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Seattle, WA
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111470
- AdvisorCensus page: https://advisorcensus.com/firm/bentallgreenoak-u-s-limited-partnership-seattle-wa-111470

## Quick answers

**How is Bentallgreenoak (U.S.) Limited Partnership compensated?**
On its Form ADV (Item 5.E, October 2026), Bentallgreenoak (U.S.) Limited Partnership reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Bentallgreenoak (U.S.) Limited Partnership located?**
Bentallgreenoak (U.S.) Limited Partnership's principal office is in Seattle, WA, according to its Form ADV; the August 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Bentallgreenoak (U.S.) Limited Partnership registered with the SEC or a state?**
Bentallgreenoak (U.S.) Limited Partnership is an SEC-registered investment advisory firm, registered since 1985. Status as filed: Approved. CRD 111470.

**How much does Bentallgreenoak (U.S.) Limited Partnership manage?**
Bentallgreenoak (U.S.) Limited Partnership reports $24,067,000,000 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (56% discretionary).

**How have Bentallgreenoak (U.S.) Limited Partnership's assets and staff changed since 2021?**
In the Form ADV data for Bentallgreenoak (U.S.) Limited Partnership: Regulatory assets under management: $19,524,000,000 in the October 2021 data and $24,067,000,000 in the October 2026 data, up 23%. Total employees: 132 in October 2021 and 127 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bentallgreenoak (U.S.) Limited Partnership serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9); pension and profit sharing plans (but not the plan participants or government pension plans) (4); banking or thrift institutions (2).

**Does Bentallgreenoak (U.S.) Limited Partnership report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111470

**Does Bentallgreenoak (U.S.) Limited Partnership state an account minimum?**
Its Form ADV Part 2A brochure dated July 30, 2026 says: "BentallGreenOak has no set minimum account size for which it is prepared to establish for its clients."

**What changed in Bentallgreenoak (U.S.) Limited Partnership's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated July 30, 2026)

- Account minimum: None

> BentallGreenOak has no set minimum account size for which it is prepared to establish for its clients.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $24,067,000,000
- Discretionary: $13,393,000,000
- Non-discretionary: $10,674,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 2 | $9,915,000,000 |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $5,912,000,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $7,248,000,000 |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 2 | $992,000,000 |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1985 (41 years)
- Employees: 127 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DE, FL, MA, MD, NY, WA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111470

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Bethesda, MD
- Boston, MA
- Miami Beach, FL
- New York, NY
- San Francisco, CA
- Santa Monica, CA

### Websites listed on Form ADV (Item 1.I)
- bentallgreenoak.com
- bgo.com
- LinkedIn @teambgo

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $19,524,000,000 | 132 | September 3, 2021 |
| October 2022 | $20,712,000,000 | 114 | March 31, 2022 |
| October 2023 | $26,539,000,000 | 114 | August 9, 2023 |
| October 2024 | $24,747,000,000 | 95 | May 15, 2024 |
| October 2025 | $24,720,000,000 | 127 | June 11, 2025 |
| October 2026 | $24,067,000,000 | 127 | July 30, 2026 |

Regulatory assets under management: $19,524,000,000 in the October 2021 data and $24,067,000,000 in the October 2026 data, up 23%.
Total employees: 132 in October 2021 and 127 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bentallgreenoak (U.S.) Limited Partnership (CRD 111470): Form ADV filing data as of October 2026.