Is Brookfield Asset Management Stock a Buy Now?

Company Overview - Brookfield Asset Management has a market cap of $88 billion and over 100 years of investment history, attracting investors interested in its operations [1] - The company manages over $1 trillion in assets and generated $2.5 billion in fees in 2024, with approximately $500 billion in fee-bearing capital [2][4] Investment Profile - Brookfield's investment profile includes five areas: renewable power, infrastructure, real estate, private equity, and credit, with renewable power being the smallest segment at around $125 billion in assets [4] - The company operates in 30 countries, showcasing its global investment reach [4] Capital Sources - Brookfield's capital sources are categorized into four groups: institutional investors, insurance solutions, private wealth, and public markets, indicating a diverse funding base [5] Dividend and Growth Potential - The company offers an attractive dividend yield of 3.3%, significantly higher than the market average of 1.3% and the finance sector's average of 1.4% [6] - Brookfield plans to double its fee-generating assets from $500 billion in 2024 to around $1 trillion by 2029, with substantial growth expected across all business segments [9] - A 15% dividend increase was announced in early 2025, with management projecting annual dividend growth of 15% through 2029 [10][11] Market Position and Future Outlook - The stock has experienced a decline of about 12% from recent highs, but the company's focus on long-term sectors like infrastructure suggests a stable asset base [12] - The inherent volatility of asset management is acknowledged, but the high yield and growth plans present an attractive opportunity for long-term investors [13]