Pricing

Learn about fees and straightforward pricing.

Covenant Wealth Advisors is a fee-only financial planning firm. Fee-only means clients pay us a fee for our advice and services. This is different from most financial advisors who may charge fees and/or receive commissions from product companies or third parties.

As a fee only firm, we are paid the same regardless of the products we recommend. This reduces conflicts of interest and better aligns our interests with yours. Moreover, as a fee-only financial advisor our goal is to provide you with the best advice, not win sales contests or sell products that pay us big commissions.

Click here for more information on fee-only advisors from the National Association of Personal Financial Advisors (NAPFA).

 

Our Guarantee

 

We guarantee our services. If you aren't satisfied with the advice you receive, we'll refund 100% of your financial planning or investment advisory fees within the first six months of becoming a client.

Initial Meeting

 

The first two meetings are free with no obligation or cost. We view this time as an opportunity to learn more about each other to determine if there is a mutually beneficial reason to work together. You may schedule an initial intro call to learn more here

Financial Planning Essentials

Our Financial Planning services are completed on a fixed, fee-only basis. We typically charge between $1,500 to $3,500 for a financial plan, but our pricing could be higher or lower depending upon your situation. Your plan may include:

 

  • Retirement projections with multiple scenarios

  • Investment strategy and portfolio design

  • Investment recommendations

  • Retirement income and cash flow planning

  • Social security and medicare review and strategy

  • Tax planning and reviews for tax reduction

  • Education planning for children/grandchildren

  • Life, Disability, and Long Term Care insurance needs analysis

  • 4-Hours of 1-on-1 instruction & guiding you through your plan

  • Review your estate plan

  • Personalized check list with action items you need to take to get on you on track for retirement.
     

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

Wealth Management

 

Wealth management is a comprehensive service whereby we manage your investment portfolio, develope and maintain a financial plan (see above) and provide continuous advice as your life and needs change. We serve as your personal CFO guiding you along toward your life goals.

 

For wealth management, we typically charge between 0.40% to 1.00% of your investment portfolio annually.* Fees are billed automatically from your account on a quarterly basis in advance based on the end of the quarter value and are prorated for partial quarters.

Wealth management includes the following:

  • Continuous financial planning (outlined above)

  • Investment management and portfolio rebalancing

  • Semi-annual client reviews and quarterly check-in calls

  • Access to educational webinars and newsletters

  • Coordination of outside experts such as tax, insurance, and estate planning professionals

  • Continuous access to our team of CERTIFIED FINANCIAL PLANNER Professionals for advice as your life and needs change.

*Fees will not exceed 1.25% for portfolios less than $1 million.

Getting Started

Our services start by completing a set of online Pre-Meeting Questions. Once we receive those we reach out to schedule a complimentary introductory meeting. All of our services start with a complimentary consult.

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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