DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Kensington Financial Advisors LLC
Latest filing Jul 13, 2026
First filing on the tape Feb 28, 2012 · 52 filings
SEC status approved since Jul 29, 2005
RAUM
$160M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$159M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$80.0M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$160M as of Jul 13, 2026
Feb 28, 2012$141M then
HNW client RAUM$145M as of Jul 13, 2026
Mar 26, 2018$137M then
State-registered IARs (5.B.3)2 as of Jul 13, 2026
Feb 28, 20120 then
Employees (5.A)2 as of Jul 13, 2026
Feb 11, 20133 then
Private funds: no history
RAUM +14% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jul 13, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $80.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 46derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $458,219derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.1%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, otherreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$145M90%
- Individuals$14.8M9.3%
- Charitable organizations$503,5730.3%
- Individual clients
- 49reported
- HNW clients
- 42reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 349reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David A. FuhrmanCertified Financial Planner, Chartered Financial Analyst | Roseland, Nj | Nov 30, 2007 | 24 y | 3 |
| Cheryl Lee Werbeloff | Roseland, Nj | Mar 17, 2020 | 16 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Daniel Fernando Sciortino to Fig Tree Wealth Management LLCMay 23, 2022 · RIA to a state-registered adviser
- David Joseph Cottam to Cary Street PartnersMay 23, 2022 · RIA to RIA
- Bruce Robert Julien to Julien Planning, LLCMar 17, 2017 · Other
Joined, latest
- David A. Fuhrman from Nrp Financial, Inc.Nov 30, 2007 · Other
- Bruce Robert Julien from Julien FinancialAug 31, 2007 · Other
- David Joseph Cottam from Citigroup Global Markets Inc.Aug 5, 2005 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A. David Fuhrman · Managing Member / Chief Compliance Officercontrolsince 05/2022 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Roseland, Nj · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 343 to 349Feb 5, 2025 to Jan 29, 2026
- HNW clients · 39 to 42Feb 5, 2025 to Jan 29, 2026
- Individual clients · 53 to 49Feb 5, 2025 to Jan 29, 2026
- Discretionary RAUM · $139M to $159MFeb 5, 2025 to Jan 29, 2026
- HNW RAUM · $124M to $145MFeb 5, 2025 to Jan 29, 2026
- Individual RAUM · $15.6M to $14.8MFeb 5, 2025 to Jan 29, 2026
- Non-discretionary RAUM · $482,096 to $768,559Feb 5, 2025 to Jan 29, 2026
- RAUM · $140M to $160MFeb 5, 2025 to Jan 29, 2026
- Accounts · 348 to 343Dec 16, 2024 to Feb 5, 2025
- HNW clients · 32 to 39Dec 16, 2024 to Feb 5, 2025
- Individual clients · 58 to 53Dec 16, 2024 to Feb 5, 2025
- Assets in custody · 4961829.0 to unsetDec 16, 2024 to Feb 5, 2025
- Custody of client assets · true to falseDec 16, 2024 to Feb 5, 2025
- Financial planning clients · 51-100 to 51-100Dec 16, 2024 to Feb 5, 2025
- Discretionary RAUM · $130M to $139MDec 16, 2024 to Feb 5, 2025
- HNW RAUM · $110M to $124MDec 16, 2024 to Feb 5, 2025
- Individual RAUM · $20.0M to $15.6MDec 16, 2024 to Feb 5, 2025
- Non-discretionary RAUM · $426,173 to $482,096Dec 16, 2024 to Feb 5, 2025
- RAUM · $130M to $140MDec 16, 2024 to Feb 5, 2025
- HQ city · FLORHAM PARK to ROSELANDJun 11, 2024 to Dec 10, 2024
- Accounts · 326 to 348Oct 5, 2023 to Feb 7, 2024
- HNW clients · 33 to 32Oct 5, 2023 to Feb 7, 2024
- Assets in custody · $9.9M to $5.0MOct 5, 2023 to Feb 7, 2024
- Financial planning clients · 101-250 to 51-100Oct 5, 2023 to Feb 7, 2024
- Discretionary RAUM · $114M to $130MOct 5, 2023 to Feb 7, 2024
- HNW RAUM · $98.2M to $110MOct 5, 2023 to Feb 7, 2024
- Individual RAUM · $16.4M to $20.0MOct 5, 2023 to Feb 7, 2024
- Non-discretionary RAUM · $376,985 to $426,173Oct 5, 2023 to Feb 7, 2024
- RAUM · $115M to $130MOct 5, 2023 to Feb 7, 2024
- Accounts · 784 to 326Aug 3, 2022 to Jan 25, 2023
- HNW clients · 81 to 33Aug 3, 2022 to Jan 25, 2023
- Individual clients · 252 to 58Aug 3, 2022 to Jan 25, 2023
- Pension plan clients · 2.0 to unsetAug 3, 2022 to Jan 25, 2023
- Assets in custody · $10.7M to $9.9MAug 3, 2022 to Jan 25, 2023
- Discretionary RAUM · $295M to $114MAug 3, 2022 to Jan 25, 2023
- HNW RAUM · $240M to $98.2MAug 3, 2022 to Jan 25, 2023
- Individual RAUM · $55.5M to $16.4MAug 3, 2022 to Jan 25, 2023
- Non-discretionary RAUM · $0 to $376,985Aug 3, 2022 to Jan 25, 2023
- Pension RAUM · 169633.0 to unsetAug 3, 2022 to Jan 25, 2023
- RAUM · $295M to $115MAug 3, 2022 to Jan 25, 2023
Signals
5 dated events
- Kensington Financial Advisors Llc reported RAUM $114.6M, down 61% from $295.4M (2022-08-03 to 2023-01-25)Jan 25, 2023 · RAUM change · derived
- David Joseph Cottam left Kensington Financial Advisors Llc for Cary Street Partners (registered 2022-03-22)May 23, 2022 · Advisor changed firm · fact
- Daniel Fernando Sciortino left Kensington Financial Advisors Llc for Fig Tree Wealth Management Llc (registered 2022-02-24)May 23, 2022 · Advisor changed firm · fact
- A. David Fuhrman (Owner / Chief Compliance Officer) appeared on Schedule A of Kensington Financial Advisors LlcMay 17, 2022 · Control person joined · fact
- Joseph David Cottam (Managing Director / Chief Compliance Officer) no longer on Schedule A of Kensington Financial Advisors Llc (listed 2022-05-02, absent 2022-05-17)May 17, 2022 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/kensington-financial-advisorsreportedpublic record, Form ADV, Sep 18, 2026
- Website
- kfinadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 201-201-0439reportedpublic record, Form ADV, Jul 13, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $80.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026