{"url":"https://nivawealth.com/firms/kensington-financial-advisors-136346","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/136346","regulatoryAum":159918342,"crd":"136346","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4491064","suffix":null,"lastName":"FUHRMAN","firstName":"DAVID","middleName":"A."},{"crd":"5752927","suffix":null,"lastName":"WERBELOFF","firstName":"CHERYL","middleName":"LEE"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-04","regulatoryAum":254098065,"clients":264,"employees":5,"offices":1},{"filedOn":"2022-05-19","regulatoryAum":295446153,"clients":335,"employees":2,"offices":1},{"filedOn":"2023-04-27","regulatoryAum":114554044,"clients":91,"employees":2,"offices":1},{"filedOn":"2024-06-11","regulatoryAum":130036368,"clients":90,"employees":2,"offices":1},{"filedOn":"2025-02-05","regulatoryAum":139962624,"clients":92,"employees":2,"offices":1},{"filedOn":"2026-07-13","regulatoryAum":159918342,"clients":91,"employees":2,"offices":1}],"secFileNumber":"801-64526","legalName":"Kensington Financial Advisors LLC","displayName":"Kensington Financial Advisors","slug":"kensington-financial-advisors-136346","website":"https://kfinadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/136346/c47f1ad34ef8a20e-r1.webp","tone":"light","width":618,"height":200,"sourceUrl":"https://kfinadvisors.com/","sourceLabel":"Kensington Financial Advisors LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/kensington-financial-advisors/","founded":null,"organization":"New Jersey limited liability company","fiscalYearEnd":"December","headquarters":{"street":"101 Eisenhower Parkway, Suite 300","city":"Roseland","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07068"},"tradeNames":[],"registration":{"secApproved":"29 July 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ADVISORS LLC","fee_rate_low":0.4,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"A la carte consulting","summary":"A la carte consulting fees are negotiated with each client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004766","versionId":1004766,"submittedOn":"2026-01-29","documentName":"KENSINGTON FINANCIAL ADVISORS LLC"},{"role":"other","program":"Financial planning","summary":"Financial planning is a fixed fee of $250 to $10,000, or $200 to $400 an hour, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004766","versionId":1004766,"submittedOn":"2026-01-29","documentName":"KENSINGTON FINANCIAL ADVISORS LLC"},{"role":"other","program":"Pension consulting","summary":"Pension consulting is an annual fee of 0.40% of plan assets, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004766","versionId":1004766,"submittedOn":"2026-01-29","documentName":"KENSINGTON FINANCIAL ADVISORS LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:18:28.865829+00:00","documents":[{"name":"KENSINGTON FINANCIAL ADVISORS LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004766","versionId":1004766,"submittedOn":"2026-01-29"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":145067344}],"custodyNote":"Kensington Financial Advisors does not have custody of client assets.","leadership":[{"name":"David Fuhrman","title":"Managing Member / Chief Compliance Officer","crd":"4491064"}],"ownership":[{"label":"David Fuhrman","detail":"Managing member / chief compliance officer in the 75% or more ownership band and a control person, since May 2022."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"101 Eisenhower Parkway, Suite 300","city":"Roseland","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"201-201-0439","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Other"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":18},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":13},{"label":"Investment grade corporate bonds","percent":6},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":55},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"13 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/136346/PDF/136346.pdf","brochureDate":"29 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004766","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Kensington Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Kensington Financial Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Kensington Financial Advisors charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Kensington Financial Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Kensington Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Kensington Financial Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Kensington Financial Advisors?","answer":"Kensington Financial Advisors’ direct owner is David Fuhrman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Kensington Financial Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Kensington Financial Advisors registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Kensington Financial Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 13 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}