# Black Impact Group, LLC

> 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.

- CRD: 313748
- Filed as: BLACK IMPACT GROUP, LLC
- Legal name: Sola Impact Group, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/313748
- AdvisorCensus page: https://advisorcensus.com/firm/black-impact-group-llc-los-angeles-ca-313748

## Quick answers

**How is Black Impact Group, LLC compensated?**
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.

**Where is Black Impact Group, LLC located?**
Black Impact Group, LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is Black Impact Group, LLC registered with the SEC or a state?**
Black Impact Group, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313748.

**How much does Black Impact Group, LLC manage?**
Black Impact Group, LLC reports $232,123,725 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Black Impact Group, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Black Impact Group, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Black Impact Group, LLC report any disciplinary disclosures?**
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

**What changed in Black Impact Group, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 20 to 12.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $232,123,725
- Discretionary: $232,123,725
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $232,123,725 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 155 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [blackimpact.com](https://blackimpact.com)
- [stagingsola.wpengine.com](https://stagingsola.wpengine.com)
- [thesolafoundation.org](https://thesolafoundation.org)
- Facebook @solaican
- Instagram @solabeehive
- Instagram @thesolafoundation
- TikTok @solafoundation
- TikTok @tag
- X @Solaimpact
- X @solafoundation1

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,875,000 | 40 | August 5, 2021 |
| October 2022 | $233,000,000 | 55 | March 28, 2022 |
| October 2023 | $282,618,275 | 70 | March 27, 2023 |
| October 2024 | $282,618,275 | 133 | March 28, 2024 |
| October 2025 | $241,550,751 | 150 | March 31, 2025 |
| October 2026 | $232,123,725 | 155 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 20 to 12.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Black Impact Group, LLC (CRD 313748): Form ADV filing data as of October 2026.