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Wealth Management team at Covenant Wealth Advisors

Why We're Different

You get one chance to retire. It's time to hire a pro who specializes in advising people just like you.

Awards & Recognition

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Covenant Wealth AdvisorsAmerica's Top Financial Advisory Firms 2026_Top Financial Advisory

Top Financial Advisory Firms 2025-2026 by Newsweek/Plant-A-Insights Group 


Awarded each November based on data from a 12-month period through September 2025.

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Best Financial Advisory Firms 2025 by USA Today/Statista


Awarded each March based on data from a 12-month period through January 2025.

2026 Forbest Best in State Wealth Advisors for Mark Fonville and Covenant Wealth Advisors

Best-In-State Wealth Advisors 2025-2026 by Forbes/Shook Research

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Awarded each April based on data from a 12-month period through June 2024 and 2025.​

Enjoy a Relationship with a CFP® Professional Who is Passionate About Retirement Income Planning

Trust. Objectivity. Experience. These are just a few of the words that will come to your mind when partnering with Covenant Wealth Advisors.

How Does Covenant Wealth Advisors Stack Up?

Here's how Covenant is different from other types financial advisors. 

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*The characteristics and services above are only estimates based on what we generally see in the market place. Services and characteristics may differ by firm and there is no guarantee that our representation of other types of advisors is inclusive of every situation. Be sure to inquire about the services provided by any advisor prior to engaging in a relationship.

98%

 Client retention rate

*2025 Client Retention

$909+ million

assets under management as of 12/31/2025

17+ Years

Average industry experience per CERTIFIED FINANCIAL PLANNER™ Professional

Ready to Plan a Retirement You'll Love?

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GENERAL

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About

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DISCLOSURES

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Form CRS

Form ADV 2A

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 d/b/a of Fonville Wealth Management LLC, 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.

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*Free Strategy Session and Consultation:

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No Monetary Cost
Our Strategy Session is provided at no monetary cost to you, and you are under no obligation to purchase any products or services.
 

Information Exchange
To request this Strategy Session, you must provide your contact information (name, email address, and phone number). By requesting this free session, you acknowledge that you are exchanging your contact information for the assessment and registering for our weekly newsletter offered at no monetary cost to you.
 

Assessment Process
Initial Consultation: We will schedule a meeting to discuss, document, and prioritize your retirement goals and concerns. During the conversation we may discuss strategies to consider in the areas of investment management, tax planning, and retirement income planning. Should you decide to become a paying client, we will design, build and implement a financial plan to help you to and through retirement.
 

No Obligation
You are not required to provide the additional financial information, meet with us beyond the initial consultation, or engage our services. You may discontinue the process or opt out of future communications at any time. You understand that by not providing information prohibits us from providing a thorough analysis.

 

Educational Nature
This Strategy Session is educational and analytical in nature. It does not constitute personalized investment advice or a recommendation to take any specific action. No advisory relationship is formed as a result of participating in this session. Any investment advice or implementation of strategies would only be provided after you formally engage us as a client through execution of a client service agreement.

 

Awards and Recognition

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Inc. 5000 America's Fastest Growing Companies - Covenant Wealth Advisors was nominated by Inc. 5000 on Tuesday, August 12, 2025 as one America's fastest growing private companies. Companies on the 2025 Inc. 5000 list are ranked according to their percentage revenue growth over three years, from 2021 to 2024. To qualify, companies must be privately held, for-profit, based in the U.S., and independent (not subsidiaries or divisions of other companies) as of December 31, 2024. Since then, some companies on the list may have gone public or been acquired. Companies must have been founded and generating revenue by March 31, 2021. The minimum revenue requirement is $100,000 for 2021 and $2 million for 2024. CWA compensated Inc. 5000 for licensing rights to use this nomination in advertising materials. All honorees must pass Inc.’s editorial review. See full methodology.

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Newsweek / Plant-A-Insights Group — America’s Top Financial Advisory Firms 2026 - Covenant Wealth Advisors was nominated by Newsweek/Plant-A-Insights Group in November of 2025 as one of America’s Top Financial Advisory Firms for 2026. You may access the nomination methodology disclosure here and a list of financial advisory firms selected. CWA compensated Newsweek/Plant-A-Insights Group for licensing rights to use this nomination in advertising materials. This nomination was granted by an organization that is not a CWA client.

 

Newsweek / Plant-A-Insights Group — America’s Top Financial Advisory Firms 2025 - 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. CWA compensated Newsweek/Plant-A-Insights Group for licensing rights to use this nomination in advertising materials. This nomination was granted by an organization that is not a CWA client.

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Forbes / Shook Research — Best-In-State Wealth Advisor 2025 - Mark Fonville was nominated for the Forbes Best-In-State Wealth Advisor 2025 ranking for Virginia in April of 2025, based on data evaluated during the 12-month period ending June 30, 2024. Forbes Best-In-State Wealth Advisor ranking disclosure. Read more about Forbes ranking and methodology here. CWA compensated Forbes/Shook Research for licensing rights to use this nomination in advertising materials. This nomination was granted by an organization that is not a CWA client.

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Forbes / Shook Research — Best-In-State Wealth Advisor 2026 - Mark Fonville was nominated for the Forbes Best-In-State Wealth Advisor 2026 ranking for Virginia in April of 2026, based on data evaluated during the 12-month period ending June 30, 2025. Forbes Best-In-State Wealth Advisor ranking disclosure. Read more about Forbes ranking and methodology here. CWA compensated Forbes/Shook Research for licensing rights to use this nomination in advertising materials. This nomination was granted by an organization that is not a CWA client.

 

USA Today / Statista — 2025 Ranking - USA Today’s 2025 ranking is compiled by Statista and based on the growth of the companies’ assets under management (AUM) over the short and long term and the number of recommendations they received from clients and peers. Covenant was selected on March 19th, 2025. CWA compensated USA Today/Statista for licensing rights to use this ranking in advertising materials. See USA Today state ranking here. See USA Today methodology here. See USA Today for more information. This ranking was granted by an organization that is not a CWA client.


​RichmondBizSense — #1 Fastest Growing Company (2020) - 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. No compensation was provided to RichmondBizSense in connection with this ranking. This ranking reflects historical growth during the 2017–2019 period and is not indicative of current or future performance.

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Expertise.com — Best Financial Advisors (2026) - Expertise.com selected Covenant Wealth Advisors as one of the best financial advisors in Williamsburg, VA and best financial advisors in Richmond, VA for 2026, last updated as of this disclosure on March 12, 2026. Expertise.com's selection process evaluates providers across five criteria: (1) Availability — confirming the provider's service area and accessibility; (2) Qualifications — validating licenses, certifications, and professional accreditations; (3) Reputation — analyzing review data across public records, including volume, average scores, and rating consistency; (4) Experience — assessing primary area of expertise, variety of services offered, and years in practice; and (5) Professionalism — conducting mystery shopping calls to evaluate knowledgeability, friendliness, and responsiveness. Expertise.com researches more than 60,000 businesses monthly across over 200 industries. CWA compensated Expertise.com for advertising on their platform in connection with use of this rating. This selection was made by an organization that is not a CWA client.

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General Award Disclosures - The awards and nominations listed above were granted by organizations that are not CWA clients. Where compensation has been provided in connection with obtaining or using any third-party rating, it is disclosed within the specific award entry above. Rankings and awards are not indicative of any client’s experience or of future performance. They should not be construed as a current or past endorsement of CWA by any of its clients. 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.​

 

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.

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Client retention rate - 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%. When displayed, the retention rate will specify the time period measured can assumed to be from January 1st to December 31st of the year provided. Past retention rates are not indicative of future client satisfaction or retention.

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