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Covington Investment Advisors, Inc.

Covington Investment Advisors, Inc.. CRD 127270

Covington Investment Advisors, Inc. logo

CRD: 127270

Covington Investment Advisors, Inc.

$885.9M Total AUM
$854.7M Disc. AUM
16.0% 3Y CAGR
8 Employees
255 ADV. Clients
23 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company · PNC
Clients
Retail and Institutional
Platforms
--
Established Date
06-19-2003
Office Locations
1

Office Locations

301 East Main Street Ligonier PA

About Covington Investment Advisors, Inc.

Covington Investment Advisors is a fee-only, independent SEC-registered RIA based in Ligonier, PA, delivering comprehensive wealth management—investment management anchored in financial planning, retirement and estate/life-transition planning, and 401(k) administration/asset management. The firm offers an unbundled, low-cost, customizable 401(k) solution; public disclosures indicate an ETF-heavy approach and custody at Schwab.

Team overview

-- AVG AGE
$221.5M AVG AUM / ADVISOR
$3.5M AVG AUM / CLIENT
8.8 yrs AVG TENURE
8 Employees
4 Advisory Reps
4 RIA Reps
23yrs Firm Age

Insights

Available
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Asset Classes

Available

Client Personas

Available

Investment Themes

Available

Investment Vehicles

Available

Platform

Available

Services

Available

Owner & Executives

C

CINDY JONES

Chief Compliance Officer

CRD
#5474873
Ownership
Less than 5%
Available
Available
Available
P

PATRICK R. WALLACE

Financial Advisor, General Partner, President

CRD
#4667283
Ownership
Less than 5%
Available
Available
Available

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Contacts

N

Nick Michael Allen

Analyst

CRD
#7309581
Available
Available
Available
J

Jacob Devlin

--

CRD
#8220149
Available
Available
Available

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-22-2022
03-13-2023
02-29-2024
11-18-2025
02-26-2026
Category Assets AVG. Account size
Discretionary $854,705,591 $1,365,344
Non-Discretionary $31,185,656 $2,398,897
Total $885,891,247 $1,386,371

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Separately Managed Accounts

Total SMA Asset: Available

Locked Total SMA
Equity - Exchange:
Available
Public Funds:
Available
Cash:
Available
Municipal Bonds:
Available
Asset class Assets Assets %
Equity - Exchange Available Available
Public Funds Available Available
Cash Available Available
Municipal Bonds Available Available
Total Available Available

13F Holdings | Q1 2026

Issuer Class CUSIP Ticker % Value
Available Available Available Available Available Available
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