# Sorenson Impact Advisory

> Sorenson Impact Advisory is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 324124
- Filed as: SORENSON IMPACT ADVISORY
- Legal name: Sorenson Impact Advisory, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salt Lake City, UT
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324124
- AdvisorCensus page: https://advisorcensus.com/firm/sorenson-impact-advisory-salt-lake-city-ut-324124

## Quick answers

**How is Sorenson Impact Advisory compensated?**
On its Form ADV (Item 5.E, October 2026), Sorenson Impact Advisory reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sorenson Impact Advisory located?**
Sorenson Impact Advisory's principal office is in Salt Lake City, UT, according to its Form ADV.

**Is Sorenson Impact Advisory registered with the SEC or a state?**
Sorenson Impact Advisory is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324124.

**How much does Sorenson Impact Advisory manage?**
Sorenson Impact Advisory reports $255,130,779 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (85% discretionary).

**How have Sorenson Impact Advisory's assets and staff changed since 2023?**
In the Form ADV data for Sorenson Impact Advisory: Regulatory assets under management: $159,405,929 in the October 2023 data and $255,130,779 in the October 2026 data, up 60%. Total employees: 4 in October 2023 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sorenson Impact Advisory serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (5); charitable organizations (3).

**Which custodians does Sorenson Impact Advisory use?**
Sorenson Impact Advisory's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Sorenson Impact Advisory report any disciplinary disclosures?**
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/324124

**What changed in Sorenson Impact Advisory's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 1 to 2.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $255,130,779
- Discretionary: $217,345,064
- Non-discretionary: $37,785,715

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 5 | $43,181,158 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 3 | $211,949,621 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 5 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sorensonimpact.com
- LinkedIn @sorensonimpact

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $159,405,929 | 4 | March 30, 2023 |
| October 2024 | $224,640,384 | 4 | August 26, 2024 |
| October 2025 | $232,838,630 | 5 | March 7, 2025 |
| October 2026 | $255,130,779 | 5 | March 26, 2026 |

Regulatory assets under management: $159,405,929 in the October 2023 data and $255,130,779 in the October 2026 data, up 60%.
Total employees: 4 in October 2023 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 1 to 2.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sorenson Impact Advisory (CRD 324124): Form ADV filing data as of October 2026.