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Covenant Wealth Advisors wealth management team in Richmond, Williamsburg, and Reston VA.

About Covenant Wealth Advisors

Learn how our team of fiduciary financial advisors put your interests first and specialize in planning for retirement.

Awards & Recognition

Click Here for Disclosures

Newsweek America's Top Financial Advisory Firms in the United States 2025

Top Financial Advisory Firms 2025* by Newsweek

2025_Best in State Wealth Advisors Forbes.png

Best-In-State Wealth Advisors 2025* by Forbes

RVA 25 Fastest Growing companies in Richmond VA

#1 Fastest Growing Company 2020* by RichmondBizSense

You Deserve a Financial Advisor and Wealth Management Firm Who Specializes in Retirement Planning 

Founded in 2010, Covenant Wealth Advisors is an award winning* independent, fee-only wealth management firm and financial planner located in Richmond, Reston, and Williamsburg, VA. We help individuals age 50 plus achieve financial peace of mind leading up to and through retirement. Our wealth management services help individuals enjoy life without the stress of money.

 

As our name implies, we pledge to always put client interests first. 

 

Rather than simply sell products, we take the time to personalize strategies around your total financial life. As a fee-only firm, we never charge commissions or accept third-party payments. While experience and technology drives our work, we're driven by real relationships and transparent communication. A culture of learning, teamwork, and dedication to always doing what's right for our clients drives Covenant's people. 

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Start with a free retirement plan today!

98%

 Client retention rate

*2024 Client Retention

$653+ million

assets under management as of 12/31/2024

18+ Years

Average industry experience per CERTIFIED FINANCIAL PLANNER™ Professional

Our Values

We are driven by our values

Integrity

We believe in objectivity, transparency, and putting client interests first all the time.

Pursue Excellence

We continually seek education, better experiences, and better outcomes.

Gratitude

Clients rely on us for some of their most important financial decisions and we never forget that the honor is ours.

Enjoy Life and Family

We value family, friends, and having the time and flexibility to live a great life. 

Make It Happen

We believe in positive, can-do, attitudes where every member of our team is accountable for their actions.

Listen

We ask questions, listen, and have a genuine interest in people.

Our Team

Our Team
Mark Fonville is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Mark Fonville, CFP®

CEO and Financial Advisor

23+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

Katherine Fonville is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Katherine Fonville

Partner and Financial Advisor

16+ Years Experience

Richmond, VA

Matt Brennan is a wealth manager, financial advisor, and financial planner in Reston VA

Matt Brennan, CFP®

Partner and Financial Advisor

20+ Years Experience

Reston, VA

Adam Smith is a wealth manager, financial advisor, and financial planner in Reston VA

Adam Smith, CFP®

Partner and Financial Advisor

17+ Years Experience

Reston, VA

Scott Hurt is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Scott Hurt, CFP®, CPA

 

Financial Advisor

20+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

andrew casteel financial advisor reston va.jpg

Andrew Casteel, CFP®

 

Chief Investment Officer and Financial Advisor

11+ Years Experience

Reston | Virtually Nationwide

Scott Hurt is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Scott Hurt, CFP®, CPA

 

Financial Advisor

19+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

Megan Waters is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Megan Waters, CFP®

Financial Advisor

15+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

Megan Waters is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Megan Waters, CFP®

Financial Advisor

17+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

Rosana Nguyen is a wealth manager, financial advisor, and financial planner in Richmond and Williamsburg VA

Rosana Nguyen

Associate Financial Advisor​

1+  Years Exerience

Richmond | Williamsburg | Virtually Nationwide

Terri Miller Covenant Wealth Advisors

Terri Miller, FPQP®

Client Services Manager

14+ Years Experience

Richmond | Williamsburg | Virtually Nationwide

Marleigh Feehan Covenant Wealth Advisors

Marleigh Feehan

Client Service Associate

3+ Years Experience

Reston, VA | Virtually Nationwide

Why We're Different

FIDUCIARY FINANCIAL ADVISORS

Work with a financial advisor who is required by law to always put client interests first. 

NO COMMISSIONS

Never pay commissions again. As fee-only financial advisors, we never receive commissions or 3rd party payments.

60 TO 1 CLIENT TO ADVISOR RATIO

Your team will include a CERTIFIED FINANCIAL PLANNER™ (CFP®) professional, a CPA, and a Client Service Manager who actually has the time to advise you.

SPECIALIZE IN RETIREMENT PLANNING

You get one chance to retire without running out of money. Enjoy a relationship with a financial planner who specializes in retirement income planning.

FIXATION ON TAXATION

Tax planning is the art of arranging your affairs to minimize the impact of tax costs along the way. As tax laws are often complex and frequently change, our CPA works alongside our financial planners to help our clients reduce their tax liability now and in the future.

COMMITMENT TO EDUCATION

We believe the more you know, the more confident you will be. Confidence drives discipline. Discipline may lead to a more successful investment experience.

Covenant Wealth Advisors is a fee only financial planning and wealth management firm in Richmond, Reston, and Williamsburg VA
Covenant Wealth Advisors has over five certified financial planner professionals
Covenant Wealth Advisors is a member of NAPFA

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GENERAL

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About

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DISCLOSURES

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Form CRS

Form ADV 2A

Form ADV 2B

Privacy Policy

Legal Disclosure

CONTACT US

 

Email: info@mycwa.com

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Hours of Operation:​

Mon - Friday: 08:30 AM - 05:00 PM 

 

WILLIAMSBURG VA LOCATION

351 McLaws Circle,

Suite 1

Williamsburg, VA 23185

(757) 259-0111

 

RICHMOND VA LOCATION

8001 Franklin Farms Drive

RM 208

Richmond, VA 23229

(804) 729-5265

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RESTON VA LOCATION

1768 Business Center Drive

Suite 120

Reston, VA 20190

(703) 991-2000

Disclosures:​

Services offered by Covenant Wealth Advisors (CWA), a fee only financial planner and registered investment adviser with offices in Richmond, Reston, and Williamsburg, Va. Registration of an investment advisor does not imply a certain level of skill or training. Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks. Investments involve risk and there is no guarantee that investments will appreciate. Past performance is not indicative of future results. By entering your info into our forms, you are consenting to receive our email newsletter and/or calls regarding our products and services from CWA. This agreement is not a condition to proceed forward. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like accounting, tax or legal advice, you should consult with your own accountants, or attorneys regarding your individual circumstances and needs. No advice may be rendered by Covenant Wealth Advisors unless a client service agreement is in place. If referenced, case studies presented are purely hypothetical examples only and do not represent actual clients or results. These studies are provided for educational purposes only. Similar, or even positive results, cannot be guaranteed.

 

Awards and Recognition

Covenant Wealth Advisors was nominated by Newsweek/Plant-A-Insights Group in November of 2024 as one of America's Top Financial Advisory Firms for 2025. You may access the nomination methodology disclosure here and a list of financial advisory firms selected.

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CWA was nominated for the Forbes Best-In-State Wealth Advisor 2025 ranking for Virginia in April of 2025. Forbes Best-In-State Wealth Advisor full ranking disclosure. Read more about Forbes ranking and methodology here.

 

CWA was awarded the #1 fastest growing company by RichmondBizSense on October 8th, 2020 based on three year annual revenue growth ending December 31st, 2019. To qualify for the annual RVA 25, companies must be privately-held, headquartered in the Richmond region and able to submit financials for the last three full calendar years. Submissions were vetted by Henrico-based accounting firm Keiter. 

 

Expertise.com voted Covenant Wealth Advisors as one of the best financial advisors in Williamsburg, VA  and best financial advisors in Richmond, VA for 2025 last updated as of this disclosure on February 12th, 2025 based on their proprietary selection process. 

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CWA is a member of the Better Business Bureau. We compensate the BBB to be a member and our BBB rating is independently determined by the BBB.

 

CWA did not compensate any of the entities above for the awards or nominations. These award nominations were granted by organizations that are not CWA clients. However, CWA has compensated Newsweek/Plant-A Insights Group and Forbes/Shook Research for licensing and advertising of the nomination and compensated Expertise.com to advertise on their platform.

 

While we seek to minimize conflicts of interest, no registered investment adviser is conflict free and we advise all interested parties to request a list of potential conflicts of interest prior to engaging in a relationship.

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Client retention rate is calculated by (total clients at end of period - new clients acquired during period)/total clients at start of period) x 100%. 

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