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AIR ASSET MANAGEMENT
Legal name: ALTERNATIVE INVESTMENT RESOURCE, LLC
CRD 288165File 801-110958
APPROVED
Custody
Filing as of Jul 30, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$754.2M
Above cohort median (national)
Discretionary AUM
$707.5M
Non-discretionary $46.7M
Clients
14
14 accounts
Employees
18
Above cohort median in IL
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Aug 1, 2017
- Principal office
- 333 S. WABASH AVE, SUITE 2714, CHICAGO, IL, 60604
- Phone
- 312-625-8385
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $754.2M
- Discretionary AUM
- $707.5M
- Non-discretionary AUM
- $46.7M
- Discretionary accounts
- 13
- Non-discretionary accounts
- 1
- Total accounts
- 14
- AUM per client
- $53.9M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other investment advisers | Fewer than 5 | $46.7M |
| Pooled investment vehicles | 13 | $707.5M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To |
|---|---|---|---|
| Aug 12, 2026 | Registration | — | APPROVED |
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.