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Covenant Wealth Advisors Named a 2026 Richmond BizSense RVA 25 Finalist

Writer: Mark Fonville, CFP®
Mark Fonville, CFP®
4 days ago
4 min read

Covenant Wealth Advisors has been named a finalist for the RVA 25 Class of 2026. The RVA 25 is Richmond BizSense’s annual list of the fastest-growing privately held companies in the Richmond region, and Keiter is the presenting sponsor.


Final rankings will be announced on November 9 at the Science Museum of Virginia.


We’re grateful particularly because Covenant Wealth Advisors has roots in Richmond, VA and we know how many great companies there are in the area. We could not be here without the trust from our clients and the hard work for our team in Richmond, Reston, and Williamsburg, VA.


We also want to be clear about what this recognition means and what it doesn’t.


What the RVA 25 measures

The RVA 25 ranks companies by their average yearly revenue growth from 2023 through 2025. Keiter collects and tabulates the financial data confidentially. To qualify, a company must be privately held, based in the Richmond region, in business for at least three full years, and earning more than $500,000 a year in revenue.


In plain terms, it measures how fast our business grew. It does not measure investment returns, the quality of anyone’s retirement plan, or how satisfied our clients are.


Why we’re pointing that out

You will see a lot of awards in the financial advice industry. Some are based on objective data. Some come from surveys. Some require the firm to pay to apply or to use the award in its marketing. When you’re choosing someone to manage your retirement, it pays to know which kind you’re looking at.


Four questions get you most of the way there:


  1. Who gave the award, and is rating companies something they regularly do?

  2. What did it measure: business growth, assets, survey answers, or something else?

  3. What time period does it cover?

  4. Did the firm pay anything to apply, attend, or advertise the award?


Here are our answers for the RVA 25. It was given by Richmond BizSense and Keiter. It measures revenue growth from 2023 through 2025. We paid no fee to apply.


What hasn’t changed


Since 2010, our work has stayed the same. We do retirement income planning, tax planning, and investment management for retirees and pre-retirees, all coordinated by one team as a fee-only fiduciary. We generally don’t do one-off projects or hourly work, because we believe planning works best when all the pieces are managed together.


Congratulations to the other finalists, and thank you to our clients and our team.


Want to work with Covenant? Request a free strategy session to find out if we're the right fit for you.



Mark Fonville financial advisor in Richmond VA

About the author:

CEO and Senior Financial Advisor


Mark is the CEO of Covenant Wealth Advisors and a Senior Financial Advisor helping individuals age 50+ plan, invest, and enjoy retirement comfortably. Forbes nominated Mark as a Best-In-State Wealth Advisor* and he has been featured in the New York Times, Barron's, Forbes, and Kiplinger Magazine.




Disclosures: Disclosure: The RVA 25 is presented by Richmond BizSense and Keiter. Finalists were announced October 16, 2026, based on average annual revenue growth for calendar years 2023 through 2025, as tabulated by Keiter. Covenant Wealth Advisors did not pay a fee to apply or to be considered. This recognition measures the firm’s business growth. It is not based on client investment performance or client experience, is not an endorsement, and is not indicative of future performance or of any client’s future experience. Covenant Wealth Advisors is a registered investment adviser. Registration does not imply a certain level of skill or training. Covenant Wealth Advisors is a registered investment advisor with offices in Richmond, Reston, and Williamsburg, VA. Registration of an investment advisor does not imply a certain level of skill or training. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. The views and opinions expressed in this content are as of the date of the posting, are subject to change based on market and other conditions. This content contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Please note that nothing in this content should be construed as an offer to sell or the solicitation of an offer to purchase an interest in any security or separate account. 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. This article was written and edited by a CERTIFIED FINANCIAL PLANNER™ professional with the assistance of AI. No advice may be rendered by Covenant Wealth Advisors unless a client service agreement is in place. Hypothetical examples are fictitious and are only used to illustrate a specific point of view. Diversification does not guarantee against risk of loss. While this guide attempts to be as comprehensive as possible no article can cover all aspects of retirement planning. Be sure to consult an advisor for comprehensive advice.

 
 

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Covenant Wealth Advisors (CWA) is a d/b/a of Fonville Wealth Management LLC, an SEC-registered investment adviser with offices in Richmond, Reston, and Williamsburg, Virginia. Registration does not imply a certain level of skill or training. Information on this website is educational and is not investment, tax, or legal advice; advice is provided only to clients under a signed client service agreement. Investing involves risk, including possible loss of principal. Past performance is not indicative of future results. Awards and rankings are not indicative of future performance or of any client's experience; required disclosures appear with each award, and full methodology is available in our Award Disclosures. 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.

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