{"url":"https://nivawealth.com/firms/aii-capital-management-299674","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/299674","regulatoryAum":108624916,"crd":"299674","history":[{"filedOn":"2021-02-17","regulatoryAum":105905205,"clients":5,"employees":1,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":139250000,"clients":6,"employees":1,"offices":1},{"filedOn":"2023-03-24","regulatoryAum":141916000,"clients":5,"employees":1,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":132793986,"clients":5,"employees":1,"offices":1},{"filedOn":"2025-03-18","regulatoryAum":120497144,"clients":5,"employees":1,"offices":1},{"filedOn":"2026-03-21","regulatoryAum":108624916,"clients":5,"employees":1,"offices":1}],"secFileNumber":"801-117633","legalName":"Aii Capital Management, LLC","displayName":"Aii Capital Management","slug":"aii-capital-management-299674","website":null,"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Nevada limited liability company","fiscalYearEnd":"December","headquarters":{"street":"766 New Los Angeles Avenue, Suite D2","city":"Moorpark","state":"CA","stateName":"California","country":"United States","postalCode":"93021"},"tradeNames":["Apartment Income Investors"],"registration":{"secApproved":"12 November 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":108624916,"discretionary":4068916,"discretionaryAccounts":1,"nonDiscretionary":104556000,"nonDiscretionaryAccounts":4,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":108624916}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Aii Capital Management has custody of $23.9K in client assets for 1 client.","otherCustodians":[],"leadership":[{"name":"Michael Chesser","title":"President, CCO","crd":"7099571"}],"ownership":[{"label":"Michael Chesser","detail":"President, cco in the 50% to 75% ownership band and a control person, since October 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"766 New Los Angeles Avenue, Suite D2","city":"Moorpark","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"805-604-2644","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"21 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/299674/PDF/299674.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Aii Capital Management have?","answer":"Aii Capital Management has 5 clients and manages $109 million for them, as of March 2026. They include 5 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Aii Capital Management offer?","answer":"Aii Capital Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Aii Capital Management have?","answer":"Aii Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Aii Capital Management?","answer":"Aii Capital Management’s direct owner is Michael Chesser (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Aii Capital Management get paid?","answer":"Aii Capital Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Aii Capital Management?","answer":"Aii Capital Management’s main office is at 766 New Los Angeles Avenue, Suite D2, Moorpark, CA 93021. Its phone number is 805-604-2644.","source":"Form ADV Part 1A, Item 1.F, filed 21 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}