{
  "crd_number": 136346,
  "slug": "kensington-financial-advisors-llc-roseland-nj-136346",
  "primary_business_name": "KENSINGTON FINANCIAL ADVISORS LLC",
  "legal_name": "KENSINGTON FINANCIAL ADVISORS LLC",
  "dbas": [],
  "city": "Roseland",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-07-29",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-07-13",
  "carried_forward": false,
  "raum_total": 159918342.0,
  "raum_discretionary": 159149783.0,
  "raum_non_discretionary": 768559.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 503573.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 14799161.0,
      "count": 49
    },
    "high_net_worth_individuals": {
      "raum": 144615608.0,
      "count": 42
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "NH",
    "NJ",
    "NY",
    "PA",
    "TX"
  ],
  "websites": [
    "https://kfinadvisors.com",
    "https://linkedin.com/company/kensington-financial-advisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/136346",
  "city_as_filed": "ROSELAND",
  "url": "https://advisorcensus.com/firm/kensington-financial-advisors-llc-roseland-nj-136346",
  "display_name": "Kensington Financial Advisors LLC",
  "summary": "Kensington Financial Advisors LLC is an SEC-registered investment advisory firm in Roseland, NJ, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 13, 2026.",
  "citation": "AdvisorCensus. Kensington Financial Advisors LLC (CRD 136346): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Kensington Financial Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Kensington Financial Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Kensington Financial Advisors LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated January 29, 2026 states: Hourly rate: $200 to $400 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Kensington Financial Advisors LLC located?",
      "a": "Kensington Financial Advisors LLC's principal office is in Roseland, NJ, according to its Form ADV."
    },
    {
      "q": "Is Kensington Financial Advisors LLC registered with the SEC or a state?",
      "a": "Kensington Financial Advisors LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 136346."
    },
    {
      "q": "How much does Kensington Financial Advisors LLC manage?",
      "a": "Kensington Financial Advisors LLC reports $159,918,342 in regulatory assets under management in its Form ADV filing dated July 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have Kensington Financial Advisors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Kensington Financial Advisors LLC: Regulatory assets under management: $254,098,065 in the October 2021 data and $159,918,342 in the October 2026 data, down 37%. Total employees: 5 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Kensington Financial Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (49); high net worth individuals (42)."
    },
    {
      "q": "Which custodians does Kensington Financial Advisors LLC use?",
      "a": "Kensington Financial Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Kensington Financial Advisors LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/136346"
    },
    {
      "q": "Does Kensington Financial Advisors LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 29, 2026 says: \"For investment management services, we do not generally impose a minimum portfolio size, nor a minimum annual fee.\""
    },
    {
      "q": "What changed in Kensington Financial Advisors LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in NY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 254098065.0,
      "total_employees": 5,
      "filing_date": "2021-03-04"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 295446153.0,
      "total_employees": 2,
      "filing_date": "2022-08-03"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 114554044.0,
      "total_employees": 2,
      "filing_date": "2023-04-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 130036368.0,
      "total_employees": 2,
      "filing_date": "2024-06-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 139962624.0,
      "total_employees": 2,
      "filing_date": "2025-02-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 159918342.0,
      "total_employees": 2,
      "filing_date": "2026-07-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in NY."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $139,962,624 to $159,918,342 (+14%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 29, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "planning_fees": [
      "Hourly rate: $200 to $400 an hour (financial planning services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "For investment management services, we do not generally impose a minimum portfolio size, nor a minimum annual fee."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "For investment management services, we do not generally impose a minimum portfolio size, nor a minimum annual fee."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $200 to $400 an hour (financial planning services)"
        ],
        "quotes": [
          "We charge either a fixed fee for financial planning services ranging between $250 and $10,000 or an hourly fee between $200 and $400 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": 0.0,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 200.0,
          "max": 400.0,
          "period": "hour",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "For investment management services, we do not generally impose a minimum portfolio size, nor a minimum annual fee.",
      "For investment management services, we do not generally impose a minimum portfolio size, nor a minimum annual fee.",
      "We charge either a fixed fee for financial planning services ranging between $250 and $10,000 or an hourly fee between $200 and $400 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/kensington-financial-advisors-llc-roseland-nj-136346.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 49,
      "fewer_than_5": false,
      "raum": 14799161.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 42,
      "fewer_than_5": false,
      "raum": 144615608.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 503573.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/136346",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}