Covenant Wealth Advisors is an SEC registered investment adviser organized as a limited liability company with a primary office location in Richmond, VA. Its latest Form ADV filing, dated April 1, 2026, reports $910M in regulatory assets under management, 12 employees, 2 offices, and 1,890 accounts.
Assets Under Management
$910M
Employees
12
Offices
2 offices
Total Clients
523
Primary office
RICHMOND, VA
8001 FRANKLIN FARMS DRIVE, RM 208, RICHMOND, VA, United States
Portfolio management for individuals and small businesses
Fee models offered
3 types reported
Asset based fees
Fixed fees
Hourly charges
Sources checked May 16, 2026
Client Coverage Demographics
Top client segmentHNWI represent 53.5% of total clients.
Top client categories% of clientsClients
1
HNWI
53.5%
280
2
Individuals
46.3%
242
3
Pension Plans
0.2%
1
Categories with <5 clients
Pension and profit sharing plans<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$910Mas of April 1, 2026
Discretionary97.9%
$890M
98% of total RAUM97.9%
Non-discretionary2.1%
$19M
2% of total RAUM2.1%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM$910M
Total Accounts1,890
10Y AUM Change+$736M (+423.6%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees12
Clients per Employee44:1
10Y Employee Change+7 (+140.0%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.