Kensington Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
Kensington Financial Advisors reports 91 clients. They include 49 individual clients and 42 high-net-worth individuals. Of its assets, 99.5% ($159M across 344 accounts) are managed with discretion; $769K across 5 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 9% |
| High-net-worth individuals | 46% | 90% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 49 | $14.8M | 9.3% | $302K |
| High-net-worth individuals | 42 | $145M | 90.4% | $3.44M |
| Charitable organizations | Fewer than 5 | $504K | 0.3% | — |
| Total | 91 | $160M | 100% | — |
- Clients
- 49
- Regulatory AUM
- $14.8M
- AUM share
- 9.3%
- Avg. per client
- $302K
- Clients
- 42
- Regulatory AUM
- $145M
- AUM share
- 90.4%
- Avg. per client
- $3.44M
- Clients
- Fewer than 5
- Regulatory AUM
- $504K
- AUM share
- 0.3%
- Avg. per client
- —
Total
- Clients
- 91
- Regulatory AUM
- $160M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Kensington Financial Advisors charges 0.40%–1.50% a year for its Investment management services. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- A la carte consulting
- A la carte consulting fees are negotiated with each client.
- Financial planning
- Financial planning is a fixed fee of $250 to $10,000, or $200 to $400 an hour, negotiable.
- Pension consulting
- Pension consulting is an annual fee of 0.40% of plan assets, negotiable.
David Fuhrman owns 75% or more of Kensington Financial Advisors. The leadership team of Kensington Financial Advisors includes Chief Compliance Officer David Fuhrman. It has 2 employees.
Leadership
- David FuhrmanManaging Member / Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Kensington Financial Advisors LLC
David Fuhrman
Control person · since May 2022
Kensington Financial Advisors’ regulatory assets fell from $254M (March 2021) to $160M (July 2026); clients fell from 264 to 91 and employees from 5 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $160M | 91 | 2 | 1 |
| February 2025 | $140M | 92 | 2 | 1 |
| June 2024 | $130M | 90 | 2 | 1 |
| April 2023 | $115M | 91 | 2 | 1 |
| May 2022 | $295M | 335 | 2 | 1 |
| March 2021 | $254M | 264 | 5 | 1 |
Besides its headquarters, Kensington Financial Advisors has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 101 Eisenhower Parkway, Suite 300, RoselandHQ
Contact and registration details
- Legal name
- Kensington Financial Advisors LLC
- Headquarters
- 101 Eisenhower Parkway, Suite 300, Roseland, NJ 07068
- Website
- kfinadvisors.com
- Phone
- 201-201-0439
- @kensington-financial-advisors
- SEC file
- 801-64526
- Structure
- New Jersey LLC
- Fiscal year end
- December
Kensington Financial Advisors uses Charles Schwab ($145M) as custodian for its separately managed accounts. Kensington Financial Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $145M100%
At year end, Kensington Financial Advisors’ separately managed accounts were mostly in funds (55%) and bonds (21%).
What the accounts hold
- Stocks18%
- Funds55%
- Bonds21%
- State and local bonds13%
- Investment grade corporate bonds6%
- U.S. government and agency bonds1%
- High-yield corporate bonds1%
- Cash6%
How many clients does Kensington Financial Advisors have?
Kensington Financial Advisors has 91 clients and manages $160 million for them, as of July 2026. They include 49 individual clients and 42 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 July 2026
What services does Kensington Financial Advisors offer?
Kensington Financial Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Kensington Financial Advisors charge?
Kensington Financial Advisors charges 0.40%–1.50% a year for its Investment management services. The fee is billed in advance and is negotiable.
Source: KENSINGTON FINANCIAL ADVISORS LLC, filed 29 January 2026
Which custodians does Kensington Financial Advisors use?
Kensington Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $145M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 July 2026
How many financial advisors does Kensington Financial Advisors have?
Kensington Financial Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Kensington Financial Advisors invest in?
At the end of its last fiscal year, Kensington Financial Advisors’ separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 13% state and local bonds, 6% investment grade corporate bonds, 6% cash and equivalents, 1% U.S. government and agency bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Kensington Financial Advisors?
Kensington Financial Advisors’ direct owner is David Fuhrman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 July 2026
How does Kensington Financial Advisors get paid?
Kensington Financial Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Kensington Financial Advisors registered with the SEC?
Yes, Kensington Financial Advisors has been registered with the SEC as an investment adviser since 29 July 2005. Its CRD number is 136346 and its SEC file number is 801-64526.
Source: Form ADV Part 1A, Item 1, filed 13 July 2026; IAPD firm record
How do I contact Kensington Financial Advisors?
Kensington Financial Advisors’ main office is at 101 Eisenhower Parkway, Suite 300, Roseland, NJ 07068. Its phone number is 201-201-0439. Its website is kfinadvisors.com.