COVINGTON INVESTMENT ADVISORS, INC.
Adviser information for COVINGTON INVESTMENT ADVISORS, INC. last updated from Form ADV on February 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Pennsylvania, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 527 | $677.2M |
| Non-Discretionary | 15 | $23.4M |
| Total | 542 | $700.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 120 | $43.8M |
| HNW Individuals | 61 | $388.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $24.5M |
| Charitable organizations | 11 | $239.6M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $4.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 10 |
| No. of Non-U.S. Clients | 2 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting services |
|---|---|
| Compensation | % of AUMHourly chargesANNUAL FLAT ADMINISTRATIVE FEE FOR MORE LIMITED SERVICES |
Identifiers
| SEC RIA File Number | 801-62139 |
|---|---|
| SEC ERA File Number | 801-62139 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 127270 |
| Legal Entity Identifier | None |
Principal Office
301 EAST MAIN STREETLIGONIER
PA
United States
Monday - Friday, 8:30 AM - 5:00 PM
Tel: 724-238-0151, Fax: 724-238-0148
Websites
Chief Compliance Officer
CINDY JONES
PORTFOLIO MANAGER
301 EAST MAIN STREET
LIGONIER
PA
United States
Tel:
724-238-0151
Fax:
724-238-0148
C*****@**********************M
(Full email address available in API data)
Regulatory Contact
PATRICK R. WALLACE
PRESIDENT
301 EAST MAIN STREET
LIGONIER
PA
United States
Tel:
724-238-0151
Fax:
724-238-0148
P*******@**********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| WALLACE, PATRICK, R. | Individual | – | PRESIDENT | 05/2003 | < 5% |
| THE PATRICK R. WALLACE REVOCABLE TRUST, DTD | Domestic Entity | – | OWNER | 08/2016 | > 75% |
| JONES, CINDY | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2019 | < 5% |