Brookfield Asset Management PIC US, LLC

• A percentage of assets under your management
• Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$105,300,260,957 as of October 2026, filing dated August 6, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Portfolio management for pooled investment vehicles (other than investment companies)
• Portfolio management for businesses (other than small businesses) or institutional clients

Also doing business as

BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER US, LLC

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2010 (15 years)

Employees

Total: 1,790. Performing investment advisory functions: 1,790.

Wrap fee program participation

No.

Custodians (Schedule D, Section 5.K(3))

US Bank Trust

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

Other offices (Schedule D, Section 1.F)

24 other offices, as of the September 2026 filing

Atlanta, GAChicago, ILCleveland, OHDallas, TXDubaiFrankfurtHamiltonHong KongLondonLos Angeles, CALuxembourgMadridMumbaiNew DelhiS?o PauloSan Diego, CASan Francisco, CASeoulShanghaiSingaporeSydneyTokyoTorontoWashington, DC

States registered or notice-filed

1 state or jurisdiction

NY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

2 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

• 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.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $108,691,217,081 in the October 2021 data and $105,300,260,957 in the October 2026 data, down 3%.

Total employees: 1,354 in October 2021 and 1,790 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. April 2026
   • Employees performing advisory functions went from 1610 to 1790.
   • Regulatory assets under management went from $92,289,620,480 to $105,300,260,957 (+14%).
   • Changed its office addresses in Atlanta, GA.
   • Changed its office addresses in Dallas, TX.
   • Changed its office addresses in Hong Kong.
   • Changed its office addresses in Mumbai.
   • Changed its office addresses in New Delhi.
   • Changed its office addresses in Singapore.
   • Added an office in Frankfurt.
   • Added an office in Madrid.
   • Added an office in San Diego, CA.
   • No longer lists an office in Charleston, SC.
   • No longer lists an office in El Segundo, CA.
   • No longer lists an office in Worthing.
   • Updated its list of owners and control persons (Schedule A).
2. December 2025
   • Added an office in S?o Paulo.
   • No longer lists an office in São Paulo.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.