{"url":"https://nivawealth.com/firms/ais-capital-management-107971","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107971","regulatoryAum":358299608,"crd":"107971","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"823557","suffix":null,"lastName":"HUMMEL","firstName":"JOHN","middleName":"ROBERT"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-05","regulatoryAum":174859981,"clients":62,"employees":3,"offices":1},{"filedOn":"2022-05-26","regulatoryAum":198275805,"clients":60,"employees":3,"offices":2},{"filedOn":"2023-02-27","regulatoryAum":201853268,"clients":59,"employees":3,"offices":2},{"filedOn":"2024-03-11","regulatoryAum":167516457,"clients":59,"employees":3,"offices":2},{"filedOn":"2025-02-28","regulatoryAum":183200897,"clients":44,"employees":3,"offices":2},{"filedOn":"2026-02-27","regulatoryAum":358299608,"clients":44,"employees":3,"offices":2}],"secFileNumber":"801-43295","legalName":"Ais Capital Management L.P.","displayName":"AIS Capital Management","slug":"ais-capital-management-107971","website":"https://aisgroup.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"187 Danbury RD, First Floor","city":"Wilton","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06897-0806"},"tradeNames":[],"registration":{"secApproved":"8 February 1993","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":4393674.923076923,"staff":{"employees":3,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":358299608,"discretionary":358299608,"discretionaryAccounts":44,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1,"regulatoryAum":430051},{"label":"High-net-worth individuals","clients":38,"regulatoryAum":170923271},{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":186946286}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"FNZ Trust","shortName":"FNZ Trust","location":"Boston, MA","smaAssets":20753772}],"custodyNote":"AIS Capital Management has custody of $187M in client assets for 5 clients.","otherCustodians":[],"leadership":[{"name":"John Hummel","title":"Partner/Chief Compliance Officer","crd":"823557"},{"name":"Bradley Stern","title":"Partner","crd":"1948760"}],"ownership":[{"label":"John Hummel","detail":"Partner/chief compliance officer in the 75% or more ownership band and a control person, since April 1993. Also a principal of Ais General Partner, LLC in the 75% or more band and a control person, since September 2013."},{"label":"Bradley Stern","detail":"Partner in the 10% to 25% ownership band and a control person, since April 1993."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"187 Danbury RD, First Floor","city":"Wilton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"203-563-1180","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":90,"detail":"Gold Bullion, Futures Contracts"}],"privateFunds":2},"sources":{"adv1FilingDate":"27 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107971/PDF/107971.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 AIS Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does AIS Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does AIS Capital Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does AIS Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does AIS Capital Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns AIS Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does AIS Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact AIS Capital Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 27 February 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."}