DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Covenant Wealth Management, Ltd Dba Covenant Wealth Advisors

Former SEC-registered adviserWilliamsburg, VirginiaCRD 122587SEC 801-61443IAPD
Latest filing Mar 20, 2018
First filing on the tape Jan 25, 2012 · 12 filings
RAUM
$163M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$163M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$163M as of Mar 20, 2018
Jan 25, 2012$108M then
HNW client RAUM: $117M
State-registered IARs (5.B.3)2 as of Mar 20, 2018
Jan 25, 20120 then
Employees (5.A)3 as of Mar 20, 2018
Feb 20, 20133 then
Private funds: no history
RAUM +9.7% over the last fiscal year-4.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 20, 2018; every figure names its basis
RAUM per advisor
$81.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
68derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+9.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$117M72%
  • Individuals$45.6M28%
Individual clients
86reported
HNW clients
49reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
135reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gary Robert Topping · President/Chief Compliance Officercontrol
    since 08/2002 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Mclean, VA2 employees
What changed
consecutive filings, newest first
  • Accounts · 578 to 135
    Mar 6, 2017 to Mar 20, 2018
  • HNW clients · unset to 49.0
    Mar 6, 2017 to Mar 20, 2018
  • Individual clients · unset to 86.0
    Mar 6, 2017 to Mar 20, 2018
  • Assets in custody · $9.4M to $2.4M
    Mar 6, 2017 to Mar 20, 2018
  • Employees · 4 to 3
    Mar 6, 2017 to Mar 20, 2018
  • Financial planning clients · 1-10 to 11-25
    Mar 6, 2017 to Mar 20, 2018
  • Other offices · unset to 1.0
    Mar 6, 2017 to Mar 20, 2018
  • Discretionary RAUM · $148M to $163M
    Mar 6, 2017 to Mar 20, 2018
  • HNW RAUM · unset to 117281325.0
    Mar 6, 2017 to Mar 20, 2018
  • Individual RAUM · unset to 45609404.0
    Mar 6, 2017 to Mar 20, 2018
  • RAUM · $148M to $163M
    Mar 6, 2017 to Mar 20, 2018
  • Accounts · 124 to 578
    Mar 3, 2016 to Mar 6, 2017
  • Assets in custody · $2.6M to $9.4M
    Mar 3, 2016 to Mar 6, 2017
  • Employees · 3 to 4
    Mar 3, 2016 to Mar 6, 2017
  • Discretionary RAUM · $131M to $148M
    Mar 3, 2016 to Mar 6, 2017
  • RAUM · $131M to $148M
    Mar 3, 2016 to Mar 6, 2017
  • Accounts · 150 to 124
    Jul 1, 2015 to Mar 3, 2016
  • Assets in custody · $5.3M to $2.6M
    Jul 1, 2015 to Mar 3, 2016
  • Discretionary RAUM · $180M to $131M
    Jul 1, 2015 to Mar 3, 2016
  • Non-discretionary RAUM · $845,767 to $0
    Jul 1, 2015 to Mar 3, 2016
  • RAUM · $181M to $131M
    Jul 1, 2015 to Mar 3, 2016
  • Advisory employees · 3 to 2
    Mar 18, 2015 to Jul 1, 2015
  • Employees · 4 to 3
    Mar 18, 2015 to Jul 1, 2015
  • State-registered IARs · 3 to 2
    Mar 18, 2015 to Jul 1, 2015
  • Discretionary RAUM · $186M to $180M
    Mar 18, 2015 to Jul 1, 2015
  • RAUM · $187M to $181M
    Mar 18, 2015 to Jul 1, 2015
  • Accounts · 146 to 150
    Dec 3, 2014 to Mar 18, 2015
  • Assets in custody · $2.5M to $5.3M
    Dec 3, 2014 to Mar 18, 2015
  • Discretionary RAUM · $183M to $186M
    Dec 3, 2014 to Mar 18, 2015
  • Non-discretionary RAUM · $0 to $845,767
    Dec 3, 2014 to Mar 18, 2015
  • RAUM · $183M to $187M
    Dec 3, 2014 to Mar 18, 2015
  • Accounts · 141 to 146
    Aug 8, 2014 to Dec 3, 2014
  • Discretionary RAUM · $171M to $183M
    Aug 8, 2014 to Dec 3, 2014
  • RAUM · $171M to $183M
    Aug 8, 2014 to Dec 3, 2014
  • Accounts · 122 to 141
    Apr 4, 2014 to Aug 8, 2014
  • Advisory employees · 2 to 3
    Apr 4, 2014 to Aug 8, 2014
  • Assets in custody · unset to 2492400.0
    Apr 4, 2014 to Aug 8, 2014
  • Employees · 3 to 4
    Apr 4, 2014 to Aug 8, 2014
  • State-registered IARs · 2 to 3
    Apr 4, 2014 to Aug 8, 2014
  • Discretionary RAUM · $137M to $171M
    Apr 4, 2014 to Aug 8, 2014
Signals
1 dated events
  • Covenant Wealth Advisors, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 25, 2012 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026