{
  "crd_number": 314068,
  "slug": "downshift-financial-314068",
  "primary_business_name": "DOWNSHIFT FINANCIAL",
  "legal_name": "DOWNSHIFT FINANCIAL, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-10-01",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-06-29",
  "carried_forward": false,
  "raum_total": 214650000.0,
  "raum_discretionary": 211846000.0,
  "raum_non_discretionary": 2804000.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 287000.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 214363000.0,
      "count": 81
    }
  },
  "compensation_types": [
    "fixed"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "TX",
    "VA"
  ],
  "websites": [
    "https://downshiftfinancial.com",
    "https://facebook.com/downshiftfinancial",
    "https://linkedin.com/company/downshift-financial",
    "https://twitter.com/TravisEHughes"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/314068",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/downshift-financial-314068",
  "display_name": "Downshift Financial",
  "summary": "Downshift Financial is an SEC-registered investment advisory firm, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 29, 2026.",
  "citation": "AdvisorCensus. Downshift Financial (CRD 314068): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Downshift Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Downshift Financial reports these compensation arrangements: fixed fees (other than subscription fees)."
    },
    {
      "q": "Is Downshift Financial registered with the SEC or a state?",
      "a": "Downshift Financial is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 314068."
    },
    {
      "q": "How much does Downshift Financial manage?",
      "a": "Downshift Financial reports $214,650,000 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (99% discretionary)."
    },
    {
      "q": "How have Downshift Financial's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Downshift Financial: Regulatory assets under management: $135,399,662 in the October 2025 data and $214,650,000 in the October 2026 data, up 59%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Downshift Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (81)."
    },
    {
      "q": "Which custodians does Downshift Financial use?",
      "a": "Downshift Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Downshift Financial 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/314068"
    },
    {
      "q": "Does Downshift Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 29, 2026 says: \"We do not require a minimum account size or amount of investable assets in order to receive our services.\""
    },
    {
      "q": "What changed in Downshift Financial's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $191,500,000 to $214,650,000 (+12%). Added an office in McCarthy, FL. No longer lists an office in Dubois, WY. Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 135399662.0,
      "total_employees": 3,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 214650000.0,
      "total_employees": 3,
      "filing_date": "2026-06-29"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $191,500,000 to $214,650,000 (+12%).",
        "Added an office in McCarthy, FL.",
        "No longer lists an office in Dubois, WY.",
        "Registered or notice-filed in FL."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Regulatory assets under management went from $135,399,662 to $191,500,000 (+41%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 29, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not require a minimum account size or amount of investable assets in order to receive our services."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "We do not require a minimum account size or amount of investable assets in order to receive our services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/downshift-financial-314068.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 287000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 81,
      "fewer_than_5": false,
      "raum": 214363000.0
    }
  ],
  "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/314068",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}