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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

COVENANT WEALTH ADVISORS

FONVILLE WEALTH MANAGEMENT LLC, CRD 155221

RICHMOND, VA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:dde0181c-11fd-c815-2b5e-cf40fdc1ad23

Data as of May 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:32 AM UTC and rebuilt at most every 15 minutes.

Relationships: 16
Dated events: 6
On other graphs: 0
Observed: Feb 20, 2019 to May 13, 2026
31 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $910MItem 5.F on the latest filing (2026-05-13); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $890M
Private client RAUM: $906MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 12
RAUM per advisor: $75.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 12
Advisory employees: 12
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 1,890
Individual clients: 242
High net worth clients: 280
Custody, client assets: $285M
SEC number: 801-114868
CIK: 2008703
CRD: 155221
Filings on the tape: 31
First filed: Feb 20, 2019
Latest filed: May 13, 2026
Organised: Limited Liability Company, VA

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
KATHERINE SHELTON FONVILLE	n/a	RICHMOND, VA \| Richmond, VA	15	21	4	no
MARK RUDD FONVILLE	Certified Financial Planner	RICHMOND, VA \| Richmond, VA	8	24	3	no
WALTER SCOTT HURT	Certified Financial Planner	RICHMOND, VA \| Richmond, VA	6	21	2	no
MEGAN WELDON WATERS	Certified Financial Planner	RICHMOND, VA \| Richmond, VA	4	18	1	no
ERIC PRESTON SCRUGGS	Certified Financial Planner	STONEHAM, MA \| RICHMOND, VA \| Stoneham, MA	3	14	3	no
Rosana Nguyen	Certified Financial Planner	RICHMOND, VA \| Richmond, VA	2	11	n/a	no
MATTHEW PATRICK BRENNAN	Certified Financial Planner	RICHMOND, VA \| Reston, VA	2	23	5	no
Adam Kenneth Smith	Certified Financial Planner	RICHMOND, VA \| Reston, VA	2	11	1	no
Andrew Nathan Casteel	Certified Financial Planner	RICHMOND, VA \| Reston, VA	1	13	3	no
Aidan Banner	n/a	RICHMOND, VA	1	12	n/a	no
ANTHONY MARK CASTALDI	n/a	RICHMOND, VA	1	10	2	no
CAMERON ALEX MALEKUTI	n/a	RICHMOND, VA	0	11	1	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
FONVILLE, KATHERINE, SHELTON	VICE PRESIDENT	E	yes	04/2018	Feb 20, 2019	Oct 29, 2024
FONVILLE, MARK, RUDD	PRESIDENT/CEO & CHIEF COMPLIANCE OFFICER	B	yes	04/2018	Feb 20, 2019	Oct 29, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Williamsburg	Va	United States	6	no
Reston	Va	United States	3	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 7 of 9

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 1, 2026	$910M	$890M	12	12	2	n/a	n/a
2024	Mar 19, 2025	$653M	$642M	11	9	2	n/a	n/a
2023	Mar 12, 2024	$496M	$487M	9	9	2	n/a	n/a
2022	Feb 15, 2023	$272M	$262M	6	6	1	n/a	n/a
2021	Feb 14, 2022	$288M	$273M	5	5	2	n/a	n/a
2020	Mar 18, 2021	$229M	$209M	6	5	3	n/a	n/a
2019	Mar 25, 2020	$184M	$166M	5	4	3	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	0	1	0.0%	0	0	0	5	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$910M	$653M	39.3%	$272M	49.6%	12	11	2	2

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ACORN FINANCIAL ADVISORY SERVICES, INC.	2	Dec 21, 2023	Dec 4, 2023	RESTON, VA	Team lift out	RIA to RIA	9.5%

Relationships

Registered with (13)

← ERIC PRESTON SCRUGGSAdvisorregistration: current employment
Jun 9, 2026 to presentfactForm ADV
← CAMERON ALEX MALEKUTIAdvisorregistration: current employment
Feb 17, 2026 to presentfactForm ADV
← ANTHONY MARK CASTALDIAdvisorregistration: current employment
Sep 5, 2025 to presentfactForm ADV
← Andrew Nathan CasteelAdvisorregistration: current employment
Jan 3, 2025 to presentfactForm ADV
← Aidan BannerAdvisorregistration: current employment
Jan 3, 2025 to presentfactForm ADV
← MATTHEW PATRICK BRENNANAdvisorregistration: current employment
Dec 4, 2023 to presentfactForm ADV
← Adam Kenneth SmithAdvisorregistration: current employment
Dec 4, 2023 to presentfactForm ADV
← Rosana NguyenAdvisorregistration: current employment
Nov 20, 2023 to presentfactForm ADV
← MEGAN WELDON WATERSAdvisorregistration: current employment
Nov 17, 2021 to presentfactForm ADV
← WALTER SCOTT HURTAdvisorregistration: current employment
Feb 20, 2020 to presentfactForm ADV
← MARK RUDD FONVILLEAdvisorregistration: current employment
Apr 13, 2018 to presentfactForm ADV
← KATHERINE SHELTON FONVILLEAdvisorregistration: current employment
Oct 25, 2010 to presentfactForm ADV
← THOMAS BRODERICK MULLINSAdvisorregistration: previous registration
Dec 8, 2020 to Jul 31, 2023factForm ADV

Controls (2)

← FONVILLE, MARK, RUDDOwnerPRESIDENT/CEO & CHIEF COMPLIANCE OFFICER, ownership code B, individual
Feb 20, 2019 to Oct 29, 2024factForm ADV
← FONVILLE, KATHERINE, SHELTONOwnerVICE PRESIDENT, ownership code E, individual
Feb 20, 2019 to Oct 29, 2024factForm ADV

Moved with (1)

← ACORN FINANCIAL ADVISORY SERVICES, INC.Registered adviser2 advisors, team lift out, same day
Dec 21, 2023 to Dec 4, 2023factForm ADV

Dated events

Occurred
Feb 4, 2026
Regulatory AUM changed
Covenant Wealth Advisors reported RAUM $909.6M, up 39% from $653.0M (2025-03-19 to 2026-02-04)
Form ADVobserved 4 days ago
$257M
Occurred
Feb 4, 2025
Regulatory AUM changed
Covenant Wealth Advisors reported RAUM $653.0M, up 32% from $496.3M (2024-10-29 to 2025-02-04)
Form ADVobserved 4 days ago
$157M
Occurred
Mar 12, 2024
Regulatory AUM changed
Covenant Wealth Advisors reported RAUM $496.3M, up 83% from $271.7M (2023-12-01 to 2024-03-12)
Form ADVobserved 4 days ago
$225M
Occurred
Dec 21, 2023
Team lift-out
2 advisors left Acorn Financial Advisory Services, Inc. (Reston, VA) for Covenant Wealth Advisors on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
Jul 31, 2023
Advisor changed firm
Thomas Broderick Mullins left Covenant Wealth Advisors for Dakota Wealth, Llc (registered 2023-08-16)
Form ADVobserved 4 days ago
Occurred
Feb 20, 2019
First Form ADV filing
Covenant Wealth Advisors filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:dde0181c-11fd-c815-2b5e-cf40fdc1ad23
First observed: Feb 20, 2019
Last observed: May 13, 2026 4 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

COVENANT WEALTH ADVISORS

FONVILLE WEALTH MANAGEMENT LLC, CRD 155221

RICHMOND, VA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:dde0181c-11fd-c815-2b5e-cf40fdc1ad23

Data as of May 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:32 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

KATHERINE SHELTON FONVILLE

n/a

RICHMOND, VA | Richmond, VA

MARK RUDD FONVILLE

Certified Financial Planner

RICHMOND, VA | Richmond, VA

WALTER SCOTT HURT

Certified Financial Planner

RICHMOND, VA | Richmond, VA

MEGAN WELDON WATERS

Certified Financial Planner

RICHMOND, VA | Richmond, VA

ERIC PRESTON SCRUGGS

Certified Financial Planner

STONEHAM, MA | RICHMOND, VA | Stoneham, MA

Rosana Nguyen

Certified Financial Planner

RICHMOND, VA | Richmond, VA

n/a

MATTHEW PATRICK BRENNAN

Certified Financial Planner

RICHMOND, VA | Reston, VA

Adam Kenneth Smith

Certified Financial Planner

RICHMOND, VA | Reston, VA

Andrew Nathan Casteel

Certified Financial Planner

RICHMOND, VA | Reston, VA

Aidan Banner

n/a

RICHMOND, VA

n/a

ANTHONY MARK CASTALDI

n/a

RICHMOND, VA

CAMERON ALEX MALEKUTI

n/a

RICHMOND, VA

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

FONVILLE, KATHERINE, SHELTON

VICE PRESIDENT

yes

04/2018

Feb 20, 2019

Oct 29, 2024

FONVILLE, MARK, RUDD

PRESIDENT/CEO & CHIEF COMPLIANCE OFFICER

yes

04/2018

Feb 20, 2019

Oct 29, 2024

City

State

Country

Employees

Also broker-dealer

Williamsburg

United States

Reston

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 1, 2026

$910M

$890M

n/a

2024

Mar 19, 2025

$653M

$642M

n/a

2023

Mar 12, 2024

$496M

$487M

n/a

2022

Feb 15, 2023

$272M

$262M

n/a

2021

Feb 14, 2022

$288M

$273M

n/a

2020

Mar 18, 2021

$229M

$209M

n/a

2019

Mar 25, 2020

$184M

$166M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$910M

$653M

39.3%

$272M

49.6%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ACORN FINANCIAL ADVISORY SERVICES, INC.

Dec 21, 2023

Dec 4, 2023

RESTON, VA

Team lift out

RIA to RIA

9.5%