Patrick A. Sommerstad

KENSINGTON ASSET MANAGEMENT

Austin, TX 78746

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CRD#: 6897549

Professional summary

Patrick Andrew Sommerstad is a registered financial advisor currently at KENSINGTON ASSET MANAGEMENT, LLC located in Austin, Texas.

Patrick is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2019. Patrick has worked at 3 firms and has passed the Series 65, Series 63, Series 7TO and SIE exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Kensington Asset Management LLC, 6207 bee caves rd suite 250,austin TX 78746, Registered Investment Advisor, Portfolio Manager, Risk Management, Sub Advisor to Kensington Mutual Funds and SMAs,160 hours per month, Investment related business, start date 6/2020

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Patrick Andrew Sommerstad's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

January 17, 2024 - Present

KENSINGTON ASSET MANAGEMENT, LLC

Office #1: 901 S. Mopac Expy Suite 225, Austin, TX 78746

RIA

CRD#: 309780

Austin, TX

Past

February 14, 2021 - June 8, 2021

FOX CHASE CAPITAL PARTNERS, LLC

CRD#: 104087

SPRINGFIELD, NJ

Past

October 28, 2020 - December 31, 2023

KENSINGTON ASSET MANAGEMENT, LLC

RIA

CRD#: 309780

AUSTIN, TX

Past

May 1, 2019 - February 11, 2021

ASCENDANT ALTERNATIVE STRATEGIES, LLC

CRD#: 283881

Austin, TX

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

KENSINGTON ASSET MANAGEMENT, LLC

KENSINGTON ANALYTICS LLC | KENSINGTON MANAGEMENT, LLC | KENSINGTON ASSET MANAGEMENT, LLC

CRD#: 309780 / SEC#: 801-119080

RIA

Registered Investment Advisory firm - (8/14/2020 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Texas
(1/17/2024)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 7/28/2020

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 6/5/2019

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 7TO

Date: 5/1/2019

General Securities Representative Examination

General Industry/Product Exam

SIE

Date: 3/1/2019

Securities Industry Essentials Examination

Current Firm

KENSINGTON ASSET MANAGEMENT, LLC

KENSINGTON ANALYTICS LLC | KENSINGTON MANAGEMENT, LLC | KENSINGTON ASSET MANAGEMENT, LLC

CRD#: 309780 / SEC#: 801-119080

RIA

Registered Investment Advisory firm - (8/14/2020 Approved)

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Contact information

Main Address

901 S. Mopac Expy Suite 225, Austin, TX 78746

Mailing Address

Phone number

(877) 891-1222

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (2 States and Territories)

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	1
AUM (Assets Under Management)	$ 1,898,190,013

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

Patrick A. Sommerstad

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Patrick Andrew Sommerstad's CRS (Customer Relationship Summary).

Certified licenses

Experience

FOX CHASE CAPITAL PARTNERS, LLC

KENSINGTON ASSET MANAGEMENT, LLC

ASCENDANT ALTERNATIVE STRATEGIES, LLC

Primary Firm SEC Registration

KENSINGTON ASSET MANAGEMENT, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 7/28/2020

Series 63

Date: 6/5/2019

Series 7TO

Date: 5/1/2019

SIE

Date: 3/1/2019

Current Firm

KENSINGTON ASSET MANAGEMENT, LLC

Contact information

SEC notice filing (2 States and Territories)

Documents

Regulatory assets under management

Red Flags

Company Information

KENSINGTON ASSET MANAGEMENT, LLC

TRUST BUT VERIFY

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