Brookfield Asset Management (BAM) reported its Q3 2024 earnings, revealing a revenue of $1.12 billion, which missed the expected $1.20 billion but represented a 25.08% year-over-year increase. The company's earnings per share (EPS) were $0.33, falling short of the anticipated $0.36, yet showing a 10.00% year-over-year growth. Despite these misses, Brookfield's fee-related earnings reached a record $644 million, or $0.39 per share, marking a 14% increase year-over-year. Additionally, the firm's fee-bearing capital grew by 23% to $539 billion. Meanwhile, Apollo Global Management (APO) also announced its Q3 2024 earnings, with an adjusted EPS of $1.85, exceeding the estimate of $1.73. The firm's revenue was $7.77 billion, significantly higher than the expected $4.12 billion. Apollo's assets under management (AUM) increased to $733 billion, driven by a strategic push to target wealthy individuals, reflecting a 16% increase over the same period a year earlier.