Our Fees

Get straightforward pricing from a financial advisor you can trust. No commissions. No pushy sales tactics. Just great advice.

Financial Planning 

We provide Financial Planning services completed on an hourly basis. Every situation is unique, but the total project cost will depend on the financial advisor’s hourly rate and the time it takes us to design your plan. The majority of our plans fall within the range below, but could be higher depending on complexity and time.

 

Financial Planning Project Range  |  $1,500 – $4,500
 

After completion of our meeting form, a Covenant Wealth Advisors financial advisor will be able to provide you with a specific quote.

Financial Planning + Investing + Relationship

For individuals who want a plan, fully integrated investment management, and an ongoing relationship with a financial advisor, our fees are calculated as a small percentage of your investment assets according to the table below. Fees are billed quarterly in advance based on the end of the quarter value and are prorated for partial quarters.

$0 to $500,000

1.25%

Annual Rate

Next $500,000

1.00%

Annual Rate

Next $1 million

0.80%

Annual Rate

Over $3 million

0.60%

Annual Rate

* Fees may be deducted from clients' accounts where appropriate and applicable, and/or paid by personal check by the client following receipt of an invoice. Hourly services available upon request for $250/hour with a 10 hour minimum. We also provide retainer/subscription based billing on a quarterly basis based upon the complexity of your situation.


** Fees based on the above tiered table are cumulative. Ex. $1,500,000 would be billed at 1.25% for the first $500,000, and 1.00% for the next $500,000, and 0.80% for the next $500,000. 

For example, based on the pricing tiers above:

 

  • Clients with $750,000 of investment assets managed would be charged 1.17% annually.

  • Clients with $1,500,000 of investment assets managed would be charged 1.02% annually.

  • Clients with $3,00,000 of investment assets managed would be charged 0.84% annually. 

  • Clients with $5,00,000 of investment assets managed would be charged 0.67% annually. 

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CONTACT US

 

Toll Free: (888) 320-7400

Email: info@mycwa.com

Hours of Operation:

Mon - Friday: 09:00 AM - 05:00 PM 

 

WILLIAMSBURG VA LOCATION

351 McLaws Circle,

Suite 1

Williamsburg, VA 23185

(757) 259-0111

 

RICHMOND VA LOCATION

4870 Sadler Road

#300

Glen Allen, VA 23060

(804) 729-5265

Covenant Wealth Advisors is a fee only financial planner and registered investment adviser with offices in Richmond, Va and Williamsburg, Va. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. *AUM as of June 30, 2018