AdvisorCensus / Financial advisors / Connecticut / Waterbury / AST Investment Services, Inc.
AST Investment Services, Inc. is an SEC-registered investment advisory firm in Shelton, CT, registered since 1992, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.
Quick answers
From the filingHow is AST Investment Services, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), AST Investment Services, Inc. reports these compensation arrangements: a percentage of assets under its management.
Where is AST Investment Services, Inc. located?
AST Investment Services, Inc.'s principal office is in Shelton, CT, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is AST Investment Services, Inc. registered with the SEC or a state?
AST Investment Services, Inc. is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 108897.
How much does AST Investment Services, Inc. manage?
AST Investment Services, Inc. reports $91,470,712,627 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).
How have AST Investment Services, Inc.'s assets and staff changed since 2021?
In the Form ADV data for AST Investment Services, Inc.: Regulatory assets under management: $159,451,022,821 in the October 2021 data and $91,470,712,627 in the October 2026 data, down 43%. Total employees: 56 in October 2021 and 42 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does AST Investment Services, Inc. serve?
By number of clients on Form ADV Item 5.D: investment companies (1).
Does AST Investment Services, Inc. report any disciplinary disclosures?
Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(1), 11.D(2), 11.D(4)). 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/108897
What changed in AST Investment Services, Inc.'s recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Regulatory assets under management
Item 5.F$91,470,712,627 as of October 2026, filing dated September 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1992 (34 years)
- Employees
- Total: 42. Performing investment advisory functions: 9.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the October 2026 filing
- States registered or notice-filed
-
51 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 117 Reports 7 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.D(1) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4) In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $91,470,712,627 | 42 | September 25, 2026 |
| October 2025 | $93,541,799,206 | 52 | May 7, 2025 |
| October 2024 | $105,935,674,542 | 53 | June 20, 2024 |
| October 2023 | $122,238,315,019 | 63 | March 27, 2023 |
| October 2022 | $160,021,477,323 | 58 | April 28, 2022 |
| October 2021 | $159,451,022,821 | 56 | March 24, 2021 |
Regulatory assets under management: $159,451,022,821 in the October 2021 data and $91,470,712,627 in the October 2026 data, down 43%.
Total employees: 56 in October 2021 and 42 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Updated its list of owners and control persons (Schedule A).
- June 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 12 to 9.
- Updated its list of owners and control persons (Schedule A).
- January 2026
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. AST Investment Services, Inc. (CRD 108897): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/ast-investment-services-inc-shelton-ct-108897