Brookfield Investment Management Inc. (New York)

Brookfield Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brookfield Investment Management: assets under management

The assets under management (AUM) of Brookfield Investment Management Inc. is $16.29 billion. The firm's AUM has gone down by -21% since the beginning of its operation, and $3.72 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.2 billion in discretionary accounts and $82.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $92.59 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $480.83 thousand.

Brookfield Investment Management has custody of $347.6 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brookfield Investment Management Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients David William Levi serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of David William Levi is investment companies with 15 clients and $8.37 billion of assets under management. Among the 4 most similar advisory firms, Brookfield Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $16.26 billion for 141 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 23% of the firm’s clients are foreign persons or businesses.

Brookfield Investment Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Brookfield Investment Management Inc.

The company employs 150 people that are either part- or full-time employees. 32 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

David William Levi has been acting as President since 1 Sep 2016. Brian Thomas Hourihan joined the executive team most recently as the Chief Compliance Officer And Regulatory Counsel.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 9 indirect owners.

Based in New York

The principal office where Brookfield Investment Management Inc. performs its advisory services is located at Brookfield Place, New York, NY 10281 1023, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-549-8400 or by fax 212-549-8300. The normal business hours are 8:00 a.m. to 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at brookfieldim.com.

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