{ "crd_number": 291880, "slug": "aj-capital-management-llc-nashville-tn-291880", "primary_business_name": "AJ CAPITAL MANAGEMENT LLC", "legal_name": "AJ CAPITAL MANAGEMENT LLC", "dbas": [], "city": "Nashville", "state": "TN", "country": "United States", "cbsa_code": "34980", "metro": { "cbsa_code": "34980", "common_name": "Nashville", "msa_name": "Nashville-Davidson--Murfreesboro--Franklin, TN", "path": "/advisors/tn/nashville" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-04-30", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-05-06", "carried_forward": false, "raum_total": 2636817438.0, "raum_discretionary": 2636817438.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 112, "advisory_employees": 32, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 2636817438.0, "count": 41 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "FL", "IL", "TN" ], "websites": [ "https://ajcpt.com", "https://linkedin.com/company/aj-capital-partners" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291880", "disclosure_items": [ { "item": "11.B(1)", "question": "In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a misdemeanor involving investments or an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these?" }, { "item": "11.B(2)", "question": "In the past ten years, has the firm or an advisory affiliate been charged with one of the misdemeanors listed in 11.B(1)?" } ], "city_as_filed": "NASHVILLE", "url": "https://advisorcensus.com/firm/aj-capital-management-llc-nashville-tn-291880", "display_name": "AJ Capital Management LLC", "summary": "AJ Capital Management LLC is an SEC-registered investment advisory firm in Nashville, TN, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 6, 2026.", "citation": "AdvisorCensus. AJ Capital Management LLC (CRD 291880): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is AJ Capital Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), AJ Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "What does AJ Capital Management LLC's brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is AJ Capital Management LLC located?", "a": "AJ Capital Management LLC's principal office is in Nashville, TN, according to its Form ADV; the June 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is AJ Capital Management LLC registered with the SEC or a state?", "a": "AJ Capital Management LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291880." }, { "q": "How much does AJ Capital Management LLC manage?", "a": "AJ Capital Management LLC reports $2,636,817,438 in regulatory assets under management in its Form ADV filing dated May 6, 2026 (100% discretionary)." }, { "q": "How have AJ Capital Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for AJ Capital Management LLC: Regulatory assets under management: $1,023,565,006 in the October 2021 data and $2,636,817,438 in the October 2026 data, up 158%. Total employees: 73 in October 2021 and 112 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does AJ Capital Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (41)." }, { "q": "Does AJ Capital Management LLC report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.B(1) (conviction or plea for a listed misdemeanor in the past ten years) and 11.B(2) (charge for a listed misdemeanor in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/291880" }, { "q": "What changed in AJ Capital Management LLC's recent Form ADV filings?", "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1023565006.0, "total_employees": 73, "filing_date": "2021-06-28" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1785917197.0, "total_employees": 98, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2349344249.0, "total_employees": 135, "filing_date": "2023-04-05" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2173461555.0, "total_employees": 133, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2606747263.0, "total_employees": 121, "filing_date": "2025-04-25" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2636817438.0, "total_employees": 112, "filing_date": "2026-05-06" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 28 to 32.", "Changed its office addresses in Chicago, IL." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 30, 2026", "tiers": [], "flat_rate": "2% of assets a year", "stated_range": null, "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 2% of assets a year" ], "quotes": [ "Generally, each of the Funds pay AJ Capital a management fee (the “Management Fee”) equal to 2.0% on an annual basis of aggregate investor capital commitments (“Commitments”) to the applicable Fund" ] } ], "quotes": [ "Generally, each of the Funds pay AJ Capital a management fee (the “Management Fee”) equal to 2.0% on an annual basis of aggregate investor capital commitments (“Commitments”) to the applicable Fund" ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/aj-capital-management-llc-nashville-tn-291880.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 41, "fewer_than_5": false, "raum": 2636817438.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291880", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }