AIS Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles. The firm advises 2 private funds.
AIS Capital Management reports 44 clients. They include 38 high-net-worth individuals, 5 pooled investment vehicles and 1 individual client. Of its assets, 100.0% ($358M across 44 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 2% | <1% |
| High-net-worth individuals | 86% | 48% |
| Pooled investment vehicles | 11% | 52% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1 | $430K | 0.1% | $430K |
| High-net-worth individuals | 38 | $171M | 47.7% | $4.5M |
| Pooled investment vehicles | 5 | $187M | 52.2% | $37.4M |
| Total | 44 | $358M | 100% | $8.14M |
- Clients
- 1
- Regulatory AUM
- $430K
- AUM share
- 0.1%
- Avg. per client
- $430K
- Clients
- 38
- Regulatory AUM
- $171M
- AUM share
- 47.7%
- Avg. per client
- $4.5M
- Clients
- 5
- Regulatory AUM
- $187M
- AUM share
- 52.2%
- Avg. per client
- $37.4M
Total
- Clients
- 44
- Regulatory AUM
- $358M
- AUM share
- 100%
- Avg. per client
- $8.14M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
AIS Capital Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
John Hummel owns 75% or more of AIS Capital Management. The leadership team of AIS Capital Management includes Chief Compliance Officer John Hummel. It has 3 employees, 1 of them in advisory roles.
Leadership
- John HummelPartner/Chief Compliance Officer
- Bradley SternPartner
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- John Robert Hummel
Staff
- 3 employees
- 1 in advisory functions
- 1 soliciting firm
- Owns 75% or more of Ais Capital Management L.P.
John Hummel
Control person · since April 1993
- Owns 10% to 25% of Ais Capital Management L.P.
Bradley Stern
Control person · since April 1993
AIS Capital Management’s regulatory assets grew 2.0× from $175M (March 2021) to $358M (February 2026); clients fell from 62 to 44 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $358M | 44 | 3 | 2 |
| February 2025 | $183M | 44 | 3 | 2 |
| March 2024 | $168M | 59 | 3 | 2 |
| February 2023 | $202M | 59 | 3 | 2 |
| May 2022 | $198M | 60 | 3 | 2 |
| March 2021 | $175M | 62 | 3 | 1 |
Besides its headquarters, AIS Capital Management has 1 office (1 private residence, listed without an address), with 1 listed address in Connecticut.
Connecticut · 1 listed address
- 187 Danbury RD, First Floor, WiltonHQ
Contact and registration details
- Legal name
- Ais Capital Management L.P.
- Headquarters
- 187 Danbury RD, First Floor, Wilton, CT 06897-0806
- Website
- aisgroup.com
- Phone
- 203-563-1180
- SEC file
- 801-43295
- Structure
- Delaware limited partnership
- Fiscal year end
- December
AIS Capital Management uses FNZ Trust ($20.8M) as custodian for its separately managed accounts. AIS Capital Management has custody of $187M in client assets for 5 clients.
- FNZ TrustFNZ Trust · Boston, MA · $20.8M100%
What the accounts hold
- Stocks5%
- Cash5%
- Other90%
- Gold bullion, futures contracts90%
How many clients does AIS Capital Management have?
AIS Capital Management has 44 clients and manages $358 million for them, as of February 2026. They include 38 high-net-worth individuals, 5 pooled investment vehicles and 1 individual client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does AIS Capital Management offer?
AIS Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does AIS Capital Management use?
AIS Capital Management’s separately managed account assets are held at FNZ Trust (Boston, MA), with $20.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does AIS Capital Management have?
AIS Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 3 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
What does AIS Capital Management invest in?
At the end of its last fiscal year, AIS Capital Management’s separately managed accounts held 90% other, 5% exchange-traded equities and 5% cash and equivalents. The 90% other category is described as: Gold Bullion, Futures Contracts. It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns AIS Capital Management?
AIS Capital Management’s direct owners are John Hummel (75% or more) and Bradley Stern (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does AIS Capital Management get paid?
AIS Capital Management is paid through a percentage of assets under management 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
How do I contact AIS Capital Management?
AIS Capital Management’s main office is at 187 Danbury RD, First Floor, Wilton, CT 06897-0806. Its phone number is 203-563-1180. Its website is aisgroup.com.