# Calvert Impact Advisory Services

Calvert Impact Advisory Services is an Asset Manager based in Bethesda, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Bethesda, United States
- **Region:** North America
- **Address:** Bethesda, MD, United States
- **Assets under management:** Undisclosed
- **Website:** calvertimpact.org

## Regulatory record

- **CRD number:** 326022
- **SEC file number:** 801-128731
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/326022

## About

Calvert Impact Advisory Services, LLC is an SEC-registered investment adviser in Bethesda, MD, registered since 2023. The firm manages approximately $198 million in regulatory assets. It has 9 employees and 2 investment advisers.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- Community Development Financial Institutions (CDFIs)
- Affordable Housing
- Healthcare Services
- Financial Inclusion
- Microfinance
- Sustainable Agriculture
- Small Business Finance
- Education

## People

- Jennifer Pryce — CEO

## Questions

### How does Calvert Impact Advisory Services source the community investments it packages?

The firm draws on the origination pipeline of its parent, Calvert Impact, which has underwritten community development financial institutions, affordable housing developers, and climate-infrastructure projects across the US and emerging markets for over 25 years. Because the parent is a nonprofit with a direct lending and note structure, the advisory arm gets first-look access to vetted community borrowers — a sourcing channel that most for-profit impact managers cannot replicate.

### What is the relationship between Calvert Impact Advisory Services and Calvert Impact?

Calvert Impact Advisory Services is the advisory and distribution affiliate of Calvert Impact, a nonprofit investment firm headquartered in Bethesda, Maryland. While the parent issues the Community Investment Note and manages balance-sheet lending, the advisory arm structures and markets impact-debt products — including notes and separate accounts — to broker-dealers, institutions, and retail platforms under a fee-based model.

### Does Calvert Impact Advisory Services manage discretionary assets?

No. The advisory arm does not run a proprietary balance sheet or manage discretionary AUM. It earns fees by structuring, placing, and monitoring community-development and climate-infrastructure debt products on behalf of the Calvert Impact group and, in some cases, third-party CDFI and municipal issuers. This makes it structurally closer to a specialized placement and structuring agent than a traditional asset manager.

### Is Calvert Impact Advisory Services a registered investment advisor?

Given its fee-based advisory and distribution model, Calvert Impact Advisory Services operates in a regulatory posture that requires registration. Prospective counterparties should confirm current registration status directly through the SEC's Investment Adviser Public Disclosure database, as the firm's structure sits at the intersection of nonprofit community finance and regulated advisory activities.

## Related profiles

- [LAV Asset Management](https://altss.com/profile/lav-asset-management-hong-kong-limited)
- [FORTY4 FINANCIAL](https://altss.com/profile/forty4-financial)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/calvert-impact-advisory-services-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology