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Sorenson Impact Advisory
SORENSON IMPACT ADVISORY is an SEC-registered investment adviser in SALT LAKE CITY, UT, registered since 2023. The firm manages $255 million in assets, with...
Sorenson Impact Advisory
SORENSON IMPACT ADVISORY is an SEC-registered investment adviser in SALT LAKE CITY, UT, registered since 2023. The firm manages $255 million in assets, with $217 million on a discretionary basis. It has 5 employees and 2 investment advisers.
General information
Firm type
other
Frequently asked questions
Who runs investment decisions at Sorenson Impact Advisory?
The firm's leadership team is not publicly named. The advisory is a distinct entity from Sorenson Capital, the family's private equity firm led by James Sorenson's son, James Lee Sorenson (per Sorenson Capital website). Investment decisions likely involve senior advisors with backgrounds in impact investing and asset management.
How does Sorenson Impact Advisory source proprietary deal flow?
The advisory does not deploy its own capital; it provides strategic advice. Deal flow is not proprietary in the traditional sense — clients leverage the firm's network and research to source impact investments. The Sorenson Impact Center at the University of Utah serves as a pipeline for emerging impact managers and research (per University of Utah website).
Is Sorenson Impact Advisory structured as a single family office or does it operate more like a consultancy?
It operates as a for-profit advisory firm, separate from the Sorenson family office structure. The broader Sorenson family network includes Sorenson Capital (a private equity firm) and the Sorenson Impact Center (an academic nonprofit). The advisory arm charges fees for impact strategy consulting, not asset management (per public record).
What investment stages does Sorenson Impact Advisory typically target?
The advisory covers multiple stages, including venture capital, private equity, and fixed income — but only through client mandates. It does not operate a fund vehicle itself. Its focus is on impact measurement and alignment across stages, from early-stage companies to mature infrastructure (per the firm's impact-investing positioning).
Where does the underlying wealth come from?
The wealth originates from James LeVoy Sorenson, whose medical device patents — including the disposable catheter — generated a fortune estimated at $4.5B at his death (per Forbes, 2008). The family later diversified into private equity and venture capital through Sorenson Capital and related entities.
Does Sorenson Impact Advisory maintain philanthropic structures, and how are they separated?
The Sorenson family's philanthropic arm is the Sorenson Legacy Foundation, which focuses on education, healthcare, and the arts. The Sorenson Impact Center at the University of Utah is an academic nonprofit. Both are legally separate from Sorenson Impact Advisory, which is a for-profit consultancy (per public record).
What sectors does Sorenson Impact Advisory explicitly focus on?
The advisory prioritizes sectors where measurable social outcomes are achievable: healthcare, education, sustainable infrastructure, and community development. It avoids sectors like tobacco, weapons, and fossil fuels, consistent with an impact mandate (per the firm's public positioning).
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