COVINGTON INVESTMENT ADVISORS, INC.

RIASEC RegisteredEst. 2003
Total AUM
$886M
Discretionary
$855M
96% of AUM
Avg account
$1.4M
Accounts
639
Employees
8
Advisory reps
5

Firm details

Headquarters
LIGONIER, Pennsylvania
CRD number
127270
Registered since
June 19, 2003
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI64.64%
  • Charitable Organizations24.43%
  • Individuals6.55%
  • Pension & Profit Sharing Plans3.7%
  • Corporations / Businesses0.69%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Covington Investment Advisors, Inc. is an independent registered investment adviser formed in 2003 that manages assets for both individual and family clients as well as institutional clients. The firm is organized as a corporation and is owned by a combination of a domestic entity and an individual. Its fees are charged as a percentage of assets under management and its advisory services include financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutions, and pension consulting services. The firm is not identified as an active ESG investor and is not listed as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 84%, Public Funds/Mutual Funds 10%, Cash & Cash Equivalents 4%, State & Local Bonds 2%84%
  • Exchange Traded Equities84%
  • Public Funds/Mutual Funds10%
  • Cash & Cash Equivalents4%
  • State & Local Bonds2%

Owners & executives

1 of 1
  • CINDY JONES

    Portfolio Manager, Chief Compliance OfficerCRD 5474873

Contacts

3 of 4
  • PATRICK WALLACE

    President and Lead Financial AdvisorCRD 4667283

  • Nick Allen

    Research AnalystCRD 7309581

  • Jacob Devlin

    Financial Planning AssociateCRD 8220149

Unlock 1 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 19

Active vs passive

$89.2M in ETFs

Passive

90%

$80.6M

Active

0%

$8.7M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD 500 INDEX FUND (VOO)VanguardPassiveLarge Blend$14.3M23,89016.00%

Location

Primary office

LIGONIER, PA

WESTMORELAND

Location

LIGONIER, PA

Headquartered in LIGONIER, PA, anchoring the Pittsburgh-New Castle-Weirton, PA-OH-WV metro in the Northeast.

Metro area
Pittsburgh-New Castle-Weirton, PA-OH-WV
Region
Northeast
County
WESTMORELAND
Address
301 E Main St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth