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RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM 100m 1b

CHANGE FINANCE

CHANGE FINANCE, P.B.C., CRD 287807

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:01c47666-3f96-7725-faee-069e33d6cbce

Data as of Mar 11, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:20 AM UTC and rebuilt at most every 15 minutes.

Relationships: 5
Dated events: 2
On other graphs: 0
Observed: Jul 6, 2017 to Mar 11, 2024
29 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $132MItem 5.F on the latest filing (2024-03-11); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $132M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 5
Advisory employees: 2
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 1
Individual clients: 0
High net worth clients: 0
SEC number: 801-110973
CRD: 287807
Filings on the tape: 29
First filed: Jul 6, 2017
Latest filed: Mar 11, 2024
Organised: Corporation, Colorado

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MORTON, DONNA, LEA	Owner	B	yes	06/2016	Jul 6, 2017	Mar 11, 2024
RODRIGUEZ, ANDREW	CO-CEO; CHIEF INVESTMENT OFFICER	B	yes	06/2016	Jul 6, 2017	Mar 11, 2024
Lovins, Lillian, Hunter	CHIEF IMPACT OFFICER	Na	no	10/2018	Jul 6, 2017	Mar 11, 2024
Lowsen, Dorrit, Hannah	CO-CEO, PRESIDENT, COO & CCO	B	no	08/2016	Jul 6, 2017	Mar 11, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2023	Mar 11, 2024	$132M	$132M	5	2	1	n/a	n/a
2022	Mar 15, 2023	$113M	$113M	4	2	1	n/a	n/a
2021	Feb 1, 2022	$116M	$116M	5	4	1	n/a	n/a
2020	Jan 14, 2021	$33.0M	$33.0M	5	5	1	n/a	n/a
2019	Feb 7, 2020	$12.7M	$12.7M	4	4	1	n/a	n/a
2018	Feb 26, 2019	$4.4M	$4.4M	4	4	0	n/a	n/a
2017	Feb 28, 2018	$3.9M	$3.9M	5	4	0	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$132M	$113M	17.2%	$33.0M	58.7%	5	4	1	1

Relationships

Controls (2)

← MORTON, DONNA, LEAOwnerOWNER, ownership code B, individual
Jul 6, 2017 to presentfactForm ADV
← RODRIGUEZ, ANDREWOwnerCO-CEO; CHIEF INVESTMENT OFFICER, ownership code B, individual
Jul 6, 2017 to presentfactForm ADV

Owns (2)

← Lowsen, Dorrit, HannahOwnerCO-CEO, PRESIDENT, COO & CCO, ownership code B, individual
Jul 6, 2017 to presentfactForm ADV
← Lovins, Lillian, HunterOwnerCHIEF IMPACT OFFICER, ownership code NA, individual
Jul 6, 2017 to presentfactForm ADV

Registered with (1)

← DANIEL PAUL CARRENOAdvisorregistration: previous registration
May 4, 2020 to Nov 24, 2021factForm ADV

Dated events

Occurred
May 2, 2025
Left the SEC roster
Change Finance no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $132.1M)
Form ADVobserved 4 days ago
$132M
Occurred
Jul 6, 2017
First Form ADV filing
Change Finance filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:01c47666-3f96-7725-faee-069e33d6cbce
First observed: Jul 6, 2017
Last observed: Mar 11, 2024 30 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CHANGE FINANCE

CHANGE FINANCE, P.B.C., CRD 287807

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:01c47666-3f96-7725-faee-069e33d6cbce

Data as of Mar 11, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:20 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MORTON, DONNA, LEA

Owner

yes

06/2016

Jul 6, 2017

Mar 11, 2024

RODRIGUEZ, ANDREW

CO-CEO; CHIEF INVESTMENT OFFICER

yes

06/2016

Jul 6, 2017

Mar 11, 2024

Lovins, Lillian, Hunter

CHIEF IMPACT OFFICER

10/2018

Jul 6, 2017

Mar 11, 2024

Lowsen, Dorrit, Hannah

CO-CEO, PRESIDENT, COO & CCO

08/2016

Jul 6, 2017

Mar 11, 2024

City

State

Country

Employees

Also broker-dealer

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Mar 11, 2024

$132M

n/a

2022

Mar 15, 2023

$113M

n/a

2021

Feb 1, 2022

$116M

n/a

2020

Jan 14, 2021

$33.0M

n/a

2019

Feb 7, 2020

$12.7M

n/a

2018

Feb 26, 2019

$4.4M

n/a

2017

Feb 28, 2018

$3.9M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$132M

$113M

17.2%

$33.0M

58.7%