A fiduciary financial advisor is legally required to act in your best interest at all times — not just to recommend products that are "suitable." That distinction matters. Broker-dealers and many advisors at large firms are held only to a suitability standard, meaning a recommendation can be acceptable even if a better, lower-cost option exists. A fiduciary must put your interests above their own and disclose any conflicts of interest. Fiduciary advisors are typically Registered Investment Advisers (RIAs) regulated by the SEC or state securities authorities. CFP® professionals also commit to a fiduciary standard under the CFP Board's code of ethics. Covenant Wealth Advisors is a fiduciary, fee-only Registered Investment Adviser. We are legally bound to put your interests first in every recommendation we make.

We charge a transparent annual fee based on a small percentage of the assets we manage for you — and nothing else. No commissions. No product sales. No third-party payments. Your fee is blended (the percentage declines as assets grow), billed quarterly, and deducted automatically from your portfolio, so you always know exactly what you pay. Before we begin a relationship, we'll walk through the exact fee for your situation so there are no surprises. Contact us for a personalized quote, or visit our Pricing page.

Fee-only means we are paid by you — and only you. We never earn commissions or receive compensation for advice we provide you from financial products, insurance companies, or third parties. Why it matters: when an advisor's pay doesn't depend on what they sell you, the advice is free to focus on what's actually best for your situation. Covenant Wealth Advisors is a member of NAPFA, the leading professional association for fee-only financial planners.

Yes. We understand that establishing a relationship with an advisor you can trust takes time. That's why we provide a service guarantee whereby we will refund 100% of the fees you paid within the first six months if you are unhappy with our services for any reason. As is the case with any financial advisor, we do not guarantee returns or future performance.

A Registered Investment Advisor (RIA) is a financial professional or firm that provides investment advice and manages assets for clients in exchange for a fee. RIAs are regulated by the Securities and Exchange Commission (SEC) or state securities authorities, and, unlike brokers, must act as fiduciaries. This means they are legally required to act in their clients' best interests.

The key difference: anyone can call themselves a financial advisor, but only professionals who meet strict education, exam, experience, and ethics requirements can use the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation. To earn the CFP® mark, an advisor must complete college-level coursework in financial planning, pass a comprehensive board exam (historically, pass rates hover around 65%), accumulate thousands of hours of real-world financial planning experience, and commit to a fiduciary code of ethics with ongoing continuing education. "Financial advisor," by contrast, is an unregulated title. There are no standardized qualifications required to use it, which means the expertise behind it varies widely from one advisor to the next. When choosing an advisor, the CFP® designation is one of the clearest signals that you're working with someone trained across all areas of financial planning — retirement income, taxes, investments, insurance, and estate planning — not just one product line. At Covenant Wealth Advisors, seven CFP® professionals serve our clients, and every client household is guided by a CFP® professional with working access to a CPA on our team.

We do not sell products or receive any commissions from product companies or third parties. As a fee-only advisor, we earn a fixed percentage fee on the assets that we manage or a fixed fee for developing a financial plan for a client. Clients pay us directly for the services we provide. We believe that working with a fee-only advisor who does not receive commissions better aligns our interests with yours and helps to reduce your total costs because we are seeking products that can do the best job at the lowest cost.

No. At Covenant Wealth Advisors, you can trust that all of our advisors have a spotless record in terms of discipline and litigation. For your security and peace-of-mind, we recommend checking the SEC's Investment Adviser Public Disclosure Database for every individual advisor's profile as well as any other adviser or firms with whom you are considering doing business. Your financial future is too important not to take this step. You can find a link to the SEC's Investment Adviser Public Disclosure for each of our advisors below: Mark Fonville Katherine Fonville W. Scott Hurt Broderick Mullins Megan Waters

Our typical client is age 50 or older with $1 million or more in investable assets, within ten years of retirement or already retired. You're likely a great fit if: You want a complete retirement plan — income, taxes, and investments coordinated together — not just someone to pick funds. You want confidence that your spouse will be in great hands if something happens to you. You value certainty of outcome over chasing market returns. We serve clients across the United States from our offices in Richmond, Williamsburg, and Reston, VA.

At Covenant Wealth Advisors, you work with a credentialed team — not a single salesperson. Our team includes seven CERTIFIED FINANCIAL PLANNER™ professionals, a CPA, and an Enrolled Agent (EA) — a federally licensed tax practitioner authorized to represent taxpayers before the IRS. Team members also hold MBA degrees. Every client household is guided by a CFP® professional working alongside our tax team, so your retirement income, tax, and investment decisions are coordinated as one plan instead of handled in silos. Learn more about our team's credentials here.

Yes. Our services are designed for households with $1 million or more in combined investable assets. That's the level where our integrated approach — retirement income planning, tax strategy, and investment management working together — delivers the most value relative to the fee you pay.

No — we never take custody of your money. Client accounts are held at Charles Schwab or Fidelity as independent custodians. This separation is an important safeguard: the firm advising you on investments is not the same company holding your assets. You have direct access to your accounts at all times. For your protection, we require your verbal approval before any money movement, and written approval for any transfer leaving your accounts. We can adjust investments quickly when needed, but we always consult you before changes that affect your financial plan.

Yes. We serve clients across the United States and work with many households entirely virtually. Video meetings, secure document sharing, digital account opening, and online planning tools make the experience seamless whether you live near one of our Virginia offices or across the country. Clients tell us virtual reviews are often easier to schedule and just as personal. If you prefer to meet in person, we have offices in Richmond, Williamsburg, and Reston, VA.

Most clients meet with their advisor two to three times per year, and we proactively reach out about every six months to schedule a review. New clients typically start with two to three onboarding meetings: one to gather your full financial picture and family priorities, followed by focused sessions on your retirement income, tax, and investment strategy. After that, we build a meeting rhythm around your needs — and your team is available year-round whenever questions come up. You never have to wait for the next scheduled review to get an answer.

At Covenant Wealth Advisors, we strive to provide our clients with access to the highest-quality technological tools and services. We understand that tracking financial progress requires more than just a traditional brokerage statement; this is why we invest in leading performance and reporting platforms like Tamarac. Tamarac offers clear visuals on both high level data as well as detailed metrics of investments through desktop or mobile devices at any time--simplifying how you monitor your finances! Additionally, customized static reports are sent quarterly so that all analysis includes fees for an accurate representation. Our comprehensive investment model also incorporates Money Guide and Holistiplan: a trusted tools used by some of the industry's most esteemed professionals which can help ensure plans stay adaptable over time while weighing potential planning and tax decisions against future scenarios.