{
  "crd_number": 296291,
  "slug": "blockchange-management-llc-296291",
  "primary_business_name": "BLOCKCHANGE MANAGEMENT LLC",
  "legal_name": "BLOCKCHANGE MANAGEMENT LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-07-30",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 898009110.0,
  "raum_discretionary": 898009110.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 898009110.0,
      "count": 19
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://blockchange.vc",
    "https://linkedin.com/company/blockchange-ventures"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/296291",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/blockchange-management-llc-296291",
  "display_name": "Blockchange Management LLC",
  "summary": "Blockchange Management LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Blockchange Management LLC (CRD 296291): 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 Blockchange Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Blockchange Management 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": "Is Blockchange Management LLC registered with the SEC or a state?",
      "a": "Blockchange Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 296291."
    },
    {
      "q": "How much does Blockchange Management LLC manage?",
      "a": "Blockchange Management LLC reports $898,009,110 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Blockchange Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Blockchange Management LLC: Regulatory assets under management: $1,072,863,232 in the October 2021 data and $898,009,110 in the October 2026 data, down 16%. Total employees: 5 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Blockchange 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) (19)."
    },
    {
      "q": "Does Blockchange Management 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/296291"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1072863232.0,
      "total_employees": 5,
      "filing_date": "2021-06-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1566311737.0,
      "total_employees": 7,
      "filing_date": "2022-09-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 475043255.0,
      "total_employees": 9,
      "filing_date": "2023-06-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1092286989.0,
      "total_employees": 9,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 880708449.0,
      "total_employees": 10,
      "filing_date": "2025-05-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 898009110.0,
      "total_employees": 12,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/blockchange-management-llc-296291.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 19,
      "fewer_than_5": false,
      "raum": 898009110.0
    }
  ],
  "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/296291",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}