{
  "crd_number": 313748,
  "slug": "black-impact-group-llc-los-angeles-ca-313748",
  "primary_business_name": "BLACK IMPACT GROUP, LLC",
  "legal_name": "SOLA IMPACT GROUP, LLC",
  "dbas": [],
  "city": "Los Angeles",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-06-17",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 232123725.0,
  "raum_discretionary": 232123725.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 155,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 232123725.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://blackimpact.com",
    "https://facebook.com/solaican",
    "https://instagram.com/solabeehive",
    "https://instagram.com/thesolafoundation?hl=en&next=%2Fsolaican%2F",
    "https://stagingsola.wpengine.com",
    "https://thesolafoundation.org",
    "https://tiktok.com/@solafoundation?lang=en",
    "https://tiktok.com/tag/solabeehive",
    "https://x.com/Solaimpact",
    "https://x.com/solafoundation1"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313748",
  "city_as_filed": "LOS ANGELES",
  "url": "https://advisorcensus.com/firm/black-impact-group-llc-los-angeles-ca-313748",
  "display_name": "Black Impact Group, LLC",
  "summary": "Black Impact Group, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Black Impact Group, LLC (CRD 313748): 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 Black Impact Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Black Impact Group, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Black Impact Group, LLC located?",
      "a": "Black Impact Group, LLC's principal office is in Los Angeles, CA, according to its Form ADV."
    },
    {
      "q": "Is Black Impact Group, LLC registered with the SEC or a state?",
      "a": "Black Impact Group, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313748."
    },
    {
      "q": "How much does Black Impact Group, LLC manage?",
      "a": "Black Impact Group, LLC reports $232,123,725 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Black Impact Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Black Impact Group, LLC: Regulatory assets under management: $2,875,000 in the October 2021 data and $232,123,725 in the October 2026 data, up 7974%. Total employees: 40 in October 2021 and 155 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Black Impact Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)."
    },
    {
      "q": "Does Black Impact Group, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/313748"
    },
    {
      "q": "What changed in Black Impact Group, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 20 to 12."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2875000.0,
      "total_employees": 40,
      "filing_date": "2021-08-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 233000000.0,
      "total_employees": 55,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 282618275.0,
      "total_employees": 70,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 282618275.0,
      "total_employees": 133,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 241550751.0,
      "total_employees": 150,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 232123725.0,
      "total_employees": 155,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 20 to 12."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/black-impact-group-llc-los-angeles-ca-313748.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 232123725.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/313748",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}