Brookfield Asset Management, a global alternative asset manager headquartered in New York City with more than $1 trillion of assets under management, has announced record financial results for the quarter ended Dec. 31, 2025; the strongest results since listing.
The board of directors approved the appointment of Connor Teskey as CEO of BAM. Bruce Flatt will continue in his role as chair of the board, in addition to his role as CEO of Brookfield Corp.
The board of directors of BAM declared a quarterly dividend of $0.5025 per share, representing a 15 percent increase, payable on March 31, 2026, to shareholders of record as of the close of business on Feb. 27, 2026. In the fourth quarter, we delivered record results, driven by strong capital inflows and deployment of capital.
Net income was $615 million in the quarter and $2.4 billion throughout the past 12 months. Fee-related earnings (FRE) increased 28 percent to a record $867 million or $0.53 per share for the q
