Change Global Investment, LLC (Camas)


Change Global Investment, LLC is a large advisory firm based in Camas. It manages $399 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New York and Washington.

Change Global Investment provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Change Global Investment: assets under management

The assets under management (AUM) of Change Global Investment, LLC is $399 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 81% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $399 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.94 million each.
Change Global Investment has custody of $92 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Change Global Investment, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Change Global Investment serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Change Global Investment is corporations or other businesses with 14 clients and $307 million of assets under management. Among the 9 most similar advisory firms, Change Global Investment has the 2nd highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $399 million for 16 clients. None of the firm’s clients are foreign persons or businesses.

Change Global Investment also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $10,000,000.

Careers at Change Global Investment, LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Theodora Petkova Jamison Managing member/ managing director 1 Apr 2013 75% - 100% 4034136
Kristin Patrice Travis Chief compliance officer 1 Dec 2015 Other 6806552
Kristin Travis Chief compliance officer 1 Dec 2015 Other 6806552
Nicole Rose Kelleher Chief operating officer 1 Jan 2018 Other 6922590

Based in Camas

The principal office where Change Global Investment, LLC performs its advisory services is located at 416 Ne Dallas Street, Camas, WA 98607, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 360-844-5826. The normal business hours are 7 am - 4 pm on Monday - Friday. You can find more information about the New York firm at changegi.com.